FIVESTAR2024-04-012024-06-30 FIVESTAR2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member FIVESTAR2024-04-012024-06-30in-bse-fin:OneOperatingExpenses02Member FIVESTAR2024-04-012024-06-30in-bse-fin:OneOperatingExpenses03Member FIVESTAR2024-04-012024-06-30in-bse-fin:OneOperatingExpenses04Member FIVESTAR2024-04-012024-06-30in-bse-fin:OneOperatingExpenses05Member FIVESTAR2024-04-012024-06-30in-bse-fin:OneOperatingExpenses06Member FIVESTAR2024-04-012024-06-30in-bse-fin:OneOperatingExpenses07Member FIVESTAR2024-04-012024-06-30in-bse-fin:OneOperatingExpenses08Member FIVESTAR2024-04-012024-06-30in-bse-fin:OneOperatingExpenses09Member FIVESTAR2024-04-012024-06-30in-bse-fin:OneOperatingExpenses10Member FIVESTAR2024-06-30 FIVESTAR2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member FIVESTAR2024-04-012024-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543663 FIVESTAR NA Five-Star Business Finance Limited Equity 2024-04-01 2025-03-31 2024-07-31 2024-07-24 INR Lakhs First quarter 2024-07-31 10:30:00 2024-07-31 12:25:00 false Not applicable Single segment Financial Services 2024-04-01 2024-06-30 Unaudited Standalone 6410840000.00 0.00 0.00 65118000.00 185478000.00 0.00 0.00 0.00 6661436000.00 32375000.00 6693811000.00 0.00 0.00 0.00 1228130000.00 1581896000.00 63748000.00 0.00 0.00 0.00 185314000.00 272856000.00 3331944000.00 3361867000.00 0.00 3361867000.00 918766000.00 -72599000.00 846167000.00 2515700000.00 0.00 0.00 0.00 0.00 2515700000.00 -4914000.00 2510786000.00 0.00 0.00 29246100000000.00 1 8.60 8.53 0.00 0.00 8.60 8.53 0.01 1. Five-Star Business Finance Limited (the ''Company'') is a Systemically Important Non-Deposit taking Non-Banking Finance Company (NBFC-ND-SI) registered with the Reserve Bank of India (the ''RBI''). These unaudited 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 unaudited financial results for the quarter ended June 30, 2024 (''Unaudited Financial Results'') have been reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meetings held on July 30, 2024 and July 31, 2024 respectively. 2. The figures of the quarter ended March 31, 2024 is 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, 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), 11,780 options of Face Value of INR 1 (50,800 for the quarter ended June 30, 2023) were exercised by the employees and allotted during the quarter ended June 30, 2024 and 1,565 options of Face Value of INR 1 were exercised by the employees and pending allotment as of June 30, 2024. The total outstanding employee stock options as of June 30, 2024 is 29,80,910 (29,93,230 as at March 31, 2024). 4. All 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 June 30, 2024 is 1.17 times. 5. Disclosures in compliance with Regulation 52(4) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 for the year ended June 30, 2024 is attached as Annexure-I. 6. The 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. 7. 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/. Bank charges 7744000.00 Communication costs 31607000.00 Corporate social responsibility expenses (refer note 31.2) 24679000.00 Electricity expenses 6755000.00 Information technology expenses 72662000.00 Legal and professional charges 50673000.00 Other expenses 16882000.00 Printing and stationery 17439000.00 Repairs and maintenance 15496000.00 Travel expenses 28919000.00 0.00 0.00 0.00 0.00 Remeasurement gain / (loss) on defined benefit plan -2818000.00 -2818000.00 -709000.00 Net movement on effective portion of cash now hedge -3748000.00 -3748000.00 -943000.00 -4914000.00