Five-Star Business Finance Limited (FIVESTAR) - Net Assets
Based on the latest financial reports, Five-Star Business Finance Limited (FIVESTAR) has net assets worth Rs68.07 Billion INR (≈ $736.11 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs154.35 Billion ≈ $1.67 Billion USD) and total liabilities (Rs86.28 Billion ≈ $933.10 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Five-Star Business Finance Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs68.07 Billion |
| % of Total Assets | 44.1% |
| Annual Growth Rate | 58.56% |
| 5-Year Change | 171.96% |
| 10-Year Change | 6792.37% |
| Growth Volatility | 222.39 |
Five-Star Business Finance Limited - Net Assets Trend (2013–2025)
This chart illustrates how Five-Star Business Finance Limited's net assets have evolved over time, based on quarterly financial data. See Five-Star Business Finance Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Five-Star Business Finance Limited (2013–2025)
The table below shows the annual net assets of Five-Star Business Finance Limited from 2013 to 2025. For live valuation and market cap data, see Five-Star Business Finance Limited (FIVESTAR) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs63.05 Billion ≈ $681.82 Million |
+21.33% |
| 2024-03-31 | Rs51.96 Billion ≈ $561.94 Million |
+19.74% |
| 2023-03-31 | Rs43.40 Billion ≈ $469.30 Million |
+16.96% |
| 2022-03-31 | Rs37.10 Billion ≈ $401.26 Million |
+60.06% |
| 2021-03-31 | Rs23.18 Billion ≈ $250.70 Million |
+19.21% |
| 2020-03-31 | Rs19.45 Billion ≈ $210.30 Million |
+831.51% |
| 2019-03-31 | Rs2.09 Billion ≈ $22.58 Million |
+37.38% |
| 2018-03-31 | Rs1.52 Billion ≈ $16.43 Million |
-32.48% |
| 2017-03-31 | Rs2.25 Billion ≈ $24.34 Million |
+146.03% |
| 2016-03-31 | Rs914.72 Million ≈ $9.89 Million |
+28.38% |
| 2015-03-31 | Rs712.52 Million ≈ $7.71 Million |
+49.30% |
| 2014-03-31 | Rs477.23 Million ≈ $5.16 Million |
+91.11% |
| 2013-03-31 | Rs249.71 Million ≈ $2.70 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Five-Star Business Finance Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 24625.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs30.61 Billion | 48.55% |
| Common Stock | Rs294.43 Million | 0.47% |
| Other Comprehensive Income | Rs8.11 Billion | 12.86% |
| Other Components | Rs24.03 Billion | 38.12% |
| Total Equity | Rs63.05 Billion | 100.00% |
Five-Star Business Finance Limited Competitors by Market Cap
The table below lists competitors of Five-Star Business Finance Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yulon Finance Corp
TW:9941
|
$1.48 Billion |
|
QCR Holdings Inc
NASDAQ:QCRH
|
$1.48 Billion |
|
Tennant Company
NYSE:TNC
|
$1.48 Billion |
|
Youngone Holdi
KO:009970
|
$1.48 Billion |
|
Suzhou SLAC Precision Equipment Co Ltd
SHE:300382
|
$1.48 Billion |
|
Kolon Industries Inc
KO:120110
|
$1.48 Billion |
|
Heineken Bhd
KLSE:3255
|
$1.48 Billion |
|
Hunan TV & Broadcast Intermediary Co Ltd
SHE:000917
|
$1.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Five-Star Business Finance Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 51,961,547,000 to 63,046,067,000, a change of 11,084,520,000 (21.3%).
- Net income of 10,724,899,000 contributed positively to equity growth.
- New share issuances of 210,945,000 increased equity.
- Other comprehensive income increased equity by 1,915,416,000.
- Other factors decreased equity by 1,766,740,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs10.72 Billion | +17.01% |
| Share Issuances | Rs210.94 Million | +0.33% |
| Other Comprehensive Income | Rs1.92 Billion | +3.04% |
| Other Changes | Rs-1.77 Billion | -2.8% |
| Total Change | Rs- | 21.33% |
Book Value vs Market Value Analysis
This analysis compares Five-Star Business Finance Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 130.20x to 2.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs3.57 | Rs464.45 | x |
| 2014-03-31 | Rs6.62 | Rs464.45 | x |
| 2015-03-31 | Rs7.76 | Rs464.45 | x |
| 2016-03-31 | Rs8.77 | Rs464.45 | x |
| 2017-03-31 | Rs16.81 | Rs464.45 | x |
| 2018-03-31 | Rs6289916939.89 | Rs464.45 | x |
| 2019-03-31 | Rs4367712825.28 | Rs464.45 | x |
| 2020-03-31 | Rs66.75 | Rs464.45 | x |
| 2021-03-31 | Rs79.57 | Rs464.45 | x |
| 2022-03-31 | Rs130.22 | Rs464.45 | x |
| 2023-03-31 | Rs147.36 | Rs464.45 | x |
| 2024-03-31 | Rs176.50 | Rs464.45 | x |
| 2025-03-31 | Rs214.56 | Rs464.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Five-Star Business Finance Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.01%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.64%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 2.29x
- Recent ROE (17.01%) is above the historical average (13.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 24.17% | 48.92% | 0.14x | 3.42x | Rs35.39 Million |
| 2014 | 15.24% | 45.18% | 0.14x | 2.44x | Rs24.99 Million |
| 2015 | 13.93% | 41.84% | 0.14x | 2.31x | Rs27.97 Million |
| 2016 | 15.00% | 39.70% | 0.15x | 2.46x | Rs45.74 Million |
| 2017 | 8.72% | 31.05% | 0.09x | 3.08x | Rs-28.81 Million |
| 2018 | 6.48% | 37.19% | 1.17x | 0.15x | Rs-404.89 Million |
| 2019 | 9.30% | 53.42% | 1.76x | 0.10x | Rs-165.40 Million |
| 2020 | 13.47% | 35.06% | 0.17x | 2.24x | Rs674.93 Million |
| 2021 | 15.49% | 35.39% | 0.18x | 2.50x | Rs1.27 Billion |
| 2022 | 12.22% | 36.78% | 0.19x | 1.71x | Rs825.09 Million |
| 2023 | 13.91% | 41.06% | 0.17x | 2.01x | Rs1.70 Billion |
| 2024 | 16.09% | 40.23% | 0.18x | 2.25x | Rs3.16 Billion |
| 2025 | 17.01% | 39.64% | 0.19x | 2.29x | Rs4.42 Billion |
Industry Comparison
This section compares Five-Star Business Finance Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $109,214,268,749
- Average return on equity (ROE) among peers: 9.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Five-Star Business Finance Limited (FIVESTAR) | Rs68.07 Billion | 24.17% | 1.27x | $1.48 Billion |
| Akme Fintrade India Ltd (AFIL) | $2.05 Billion | 7.72% | 0.91x | $64.03 Million |
| Arman Financial Services Limited (ARMANFIN) | $2.13 Billion | 14.92% | 4.84x | $191.74 Million |
| Baid Finserv Limited (BAIDFIN) | $89.54 Million | 1.32% | 0.57x | $16.82 Million |
| Bajaj Finance Limited (BAJFINANCE) | $989.37 Billion | 16.82% | 3.71x | $64.53 Billion |
| Capri Global Capital Limited (CGCL) | $38.37 Billion | 7.28% | 2.95x | $2.27 Billion |
| Cholamandalam Investment and Finance Company Limited (CHOLAFIN) | $7.13 Billion | -2.64% | 8.67x | $15.33 Billion |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $7.27 Billion | 23.60% | 2.56x | $3.21 Billion |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $40.76 Billion | 8.66% | 3.27x | $2.44 Billion |
| CSL Finance Limited (CSLFINANCE) | $5.42 Billion | 13.31% | 1.30x | $55.66 Million |
| DCM Financial Services Limited (DCMFINSERV) | $-439.02 Million | 0.00% | 0.00x | $1.29 Million |
About Five-Star Business Finance Limited
Five-Star Business Finance Limited operates as a non-banking financial company in India. It offers small business and mortgage loans to micro-entrepreneurs and self-employed individuals for business purposes, home renovation, marriage, healthcare, and education expenses. The company was incorporated in 1984 and is headquartered in Chennai, India.