FIVESTAR2024-01-012024-03-31 FIVESTAR2024-01-012024-03-31 FIVESTAR2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member FIVESTAR2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member FIVESTAR2024-01-012024-03-31in-bse-fin:OneOperatingExpenses03Member FIVESTAR2024-01-012024-03-31in-bse-fin:OneOperatingExpenses04Member FIVESTAR2024-01-012024-03-31in-bse-fin:OneOperatingExpenses05Member FIVESTAR2024-01-012024-03-31in-bse-fin:OneOperatingExpenses06Member FIVESTAR2024-01-012024-03-31in-bse-fin:OneOperatingExpenses07Member FIVESTAR2024-01-012024-03-31in-bse-fin:OneOperatingExpenses08Member FIVESTAR2024-01-012024-03-31in-bse-fin:OneOperatingExpenses09Member FIVESTAR2024-01-012024-03-31in-bse-fin:OneOperatingExpenses10Member FIVESTAR2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member FIVESTAR2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member FIVESTAR2024-01-012024-03-31in-bse-fin:FourOperatingExpenses03Member FIVESTAR2024-01-012024-03-31in-bse-fin:FourOperatingExpenses04Member FIVESTAR2024-01-012024-03-31in-bse-fin:FourOperatingExpenses05Member FIVESTAR2024-01-012024-03-31in-bse-fin:FourOperatingExpenses06Member FIVESTAR2024-01-012024-03-31in-bse-fin:FourOperatingExpenses07Member FIVESTAR2024-01-012024-03-31in-bse-fin:FourOperatingExpenses08Member FIVESTAR2024-01-012024-03-31in-bse-fin:FourOperatingExpenses09Member FIVESTAR2024-01-012024-03-31in-bse-fin:FourOperatingExpenses10Member FIVESTAR2024-03-31 FIVESTAR2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543663 FIVESTAR NA Five-Star Business Finance Limited Equity 2023-04-01 2024-03-31 2024-04-30 2024-04-18 INR Lakhs Yearly 2024-04-30 14:58:00 2024-04-30 18:45:00 true Cash Flow Indirect Declaration of unmodified opinion Single segment Financial Service 2024-01-01 2024-03-31 Audited Standalone 5992435000.00 0.00 0.00 84171000.00 86289000.00 0.00 0.00 0.00 0.00 6162895000.00 28509000.00 6191404000.00 0.00 0.00 0.00 1142830000.00 1377284000.00 73952000.00 0.00 0.00 0.00 194172000.00 271297000.00 3059535000.00 3131869000.00 0.00 3131869000.00 837677000.00 -66419000.00 771258000.00 2360611000.00 0.00 0.00 0.00 0.00 2360611000.00 -1006000.00 2359605000.00 0.00 0.00 0.00 0 8.07 8.01 0.00 0.00 8.07 8.01 0.00 0.00 0.00 Five-Star Business Finance Limited (the ''Company'') is a Systemically Important Non-Deposit taking Non-1.Banking Finance Company (NBFC-ND-SI) registered with the Reserve Bank of India (the ''RBI''). These audited financial results have been prepared in accordance with the Accounting Standards as prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 (as amended) and other accounting principles generally accepted in India and in terms of Regulation 33 and 52 of the Securities Exchange Board of India (''SEBI'') (Listing Obligations and Disclosure Requirements) Regulations 2015 (as amended). Any application guidance / clarification / directions issued by the Reserve Bank of India are implemented as and when they are issued / become applicable. This statement of audited financial results for the quarter and year ended March 31, 2024 (''Audited Financial Results'') have been reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meetings held on April 29, 2024 and April 30, 2024 respectively.The figures of the quarter ended March 31, 2024 are the balancing figures between audited figures in respect of the full financial year and the unaudited published year-to-date figures up to third quarter ended December 31, 2023 and December 31, 2022 respectively, which were subjected to limited review by the statutory auditors of the Company. 3.During the year ended March 31, 2024, the company has introduced a new employee stock option scheme in the name of Five-Star Associate Stock Option Scheme, 2023 with quantum of 30,00,000 equity shares. The exercise price per option shall be latest available closing price on recognized stock exchange having the higher trading volume on the date immediately prior to the date of grant and included in the grant letter. In the existing scheme (i.e Five-Star Associate Stock Option Scheme, 2015 and Five-Star Associate Stock Option Scheme, 2018), 10,83,100 options of Face Value of INR 1 (23,000 for the year ended March 31, 2023) were exercised by the employees and allotted during the year ended March 31, 2024. The total outstanding employee stock options as of March 31, 2024 is 29,93,230 (41,05,130 as at March 31, 2023). 4All debentures are secured by an exclusive first charge on book debts and certain debentures by pari passu charge on immovable property with security cover ranging from 1.00 to 1.25 times of outstanding amount at any point in time. The security cover over listed non-convertible debentures as of March 31, 2024 is 1.11 times. 5Disclosures in compliance with Regulation 52(4) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 for the year ended March 31, 2024 is attached as Annexure-I. 6The Company is primarily in the business of financing and accordingly there are no separate reportable segments in accordance with Ind AS 108 on Operating Segments in respect of the Company. The Company operates in a single geographical segment i.e India. 7Disclosure as per format prescribed under notification RBl/2020-21/16 DOR No BP BC/3/21.04 048/2020-21 dated August 06, 2020 and RBI/2021-22/31/DOR.STR.REC.11/21.04.048/2021-22 dated May 5, 2021 for the half year ended September 30, 2023 (borrowers who has been provided restructuring under RBI Resolution Framework – 2.0):As defined in Section 3(7) of the Insolvency and Bankruptcy Code, 2016.Classification of borrowers is based on the data available with the Company. Above loans are secured wholly by mortgage of property.The financial results are also available on the stock exchange websites www.bseindia.com and www.nseindia.com and on our website https://fivestargroup.in/. Single segment 2023-04-01 2024-03-31 Audited Standalone 21165846000.00 0.00 0.00 219184000.00 443443000.00 0.00 0.00 0.00 0.00 21828473000.00 122535000.00 21951008000.00 0.00 0.00 0.00 4285894000.00 4684957000.00 245712000.00 0.00 0.00 0.00 553642000.00 1021445000.00 10791650000.00 11159358000.00 0.00 11159358000.00 2988316000.00 -188121000.00 2800195000.00 8359163000.00 0.00 0.00 0.00 0.00 8359163000.00 -17685000.00 8341478000.00 0.00 0.00 0.00 0 28.64 28.39 0.00 0.00 28.64 28.39 0.00 0.00 0.00 Bank charges 10336000.00 Communication costs 28576000.00 Corporate social responsibility expenses 42669000.00 Electricity expenses 5985000.00 Information technology expenses 72466000.00 Legal and professional charges 17986000.00 Other Expenses 16477000.00 Printing and stationery 30244000.00 Repairs and maintenance 21006000.00 Travel expenses 25552000.00 Bank charges 37290000.00 Communication costs 118060000.00 Corporate social responsibility expenses 127450000.00 Electricity expenses 23228000.00 Information technology expenses 280961000.00 Legal and professional charges 146987000.00 Other Expenses 57597000.00 Printing and stationery 74692000.00 Repairs and maintenance 68230000.00 Travel expenses 86950000.00 15343993000.00 1372754000.00 43446000.00 96850725000.00 1076873000.00 568088000.00 115255879000.00 0.00 25182000.00 727329000.00 356000.00 205386000.00 0.00 96854000.00 576806000.00 1631913000.00 116887792000.00 292449000.00 51669098000.00 51961547000.00 6087000.00 253743000.00 2953538000.00 60204913000.00 997089000.00 64415370000.00 174886000.00 209179000.00 126810000.00 510875000.00 116887792000.00 -1006000.00 -17685000.00 4684957000.00 0.00 0.00 0.00 -85618000.00 0.00 0.00 -28813869000.00 0.00 52842000.00 0.00 -55627000.00 0.00 245712000.00 553642000.00 86249000.00 0.00 328700000.00 0.00 0.00 0.00 21165846000.00 155433000.00 -443443000.00 0.00 0.00 0.00 -343000.00 0.00 -44457211000.00 -33297853000.00 0.00 5117738000.00 20065421000.00 2873239000.00 0.00 -21223409000.00 0.00 0.00 824443000.00 0.00 0.00 0.00 0.00 0.00 765000.00 223911000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 477021000.00 0.00 1023264000.00 0.00 2101582000.00 0.00 0.00 1083000.00 68206000.00 0.00 0.00 0.00 0.00 39291182000.00 18192011000.00 0.00 106220000.00 0.00 0.00 0.00 0.00 21062240000.00 1940413000.00 0.00 1940413000.00 13403580000.00 15343993000.00