Five-Star Business Finance Limited has announced the outcome of its Board meeting held on October 26, 2026. The company approved the unaudited financial results for the quarter and half-year ended September 30, 2026. Key highlights include the appointment of Mr. Shankar Subramanian as the new Chief Risk Officer, effective from October 26, 2026, succeeding Mr. Jayaraman S.
Board Meeting Outcomes and Financial Results
On October 26, 2026, Five-Star Business Finance Limited held a Board meeting where it considered and approved its unaudited financial results for the quarter and half-year ending September 30, 2026. The financial statements were submitted along with a limited review report from its Joint Statutory Auditors, M/s Deloitte Haskins & Sells and M/s Suri and Co, which carried an unmodified opinion.
Key Disclosures Included
The disclosures accompanying the financial results include details as per Regulation 52(4) of the SEBI LODR Regulations, a Security Cover certificate for non-convertible debentures, and a filing on Related Party Transactions for the half-year ended September 30, 2026.
Leadership Transition in Risk Management
In a significant leadership change, the Board approved the appointment of Mr. Shankar Subramanian as the Chief Risk Officer, effective October 26, 2026. This appointment is for a period of three years and follows the internal movement of Mr. Jayaraman S, who stepped down from the role of Chief Risk Officer on the same date. Mr. Jayaraman S will continue to be part of the organization in a different capacity.
Financial Performance Overview
The unaudited financial results indicate a total income of ₹87,503.25 lakhs for the quarter ended September 30, 2026, and a profit before tax of ₹37,476.18 lakhs. For the six months ended September 30, 2026, total income stood at ₹1,71,377.37 lakhs with a profit before tax of ₹73,671.29 lakhs. The comprehensive income for the period reflects these results, with earnings per equity share (basic and diluted) at ₹10.14 and ₹10.13 respectively for the quarter.
Statement of Assets and Liabilities
As at September 30, 2026, the company’s total assets amounted to ₹16,17,823.25 lakhs, comprising financial assets totaling ₹15,86,978.46 lakhs and non-financial assets of ₹30,844.79 lakhs. Total liabilities and equity stood at ₹16,17,823.25 lakhs.
Source: BSE
