Five Star Business Finance Limited is a non-banking financial company (NBFC) that provides loans to various segments of the micro, small, and medium enterprises (MSMEs) industry. Zauba, the Indian Import and Export database, provides an in-depth look at the financial profile of Five Star Business Finance Limited.
Five Star Business Finance Limited registered on Zauba has a revenue of INR 2,192 crores for the year ending March 2020 and shows a steady increase in revenue over the years. Its net worth stands at INR 424 Crore with a balance sheet size of INR 2,254 crores and a profit of INR 53.17 Crores. It also demonstrates a good debt to equity ratio of 2.39 times, indicating a well-managed business.
The company’s major source of income is from its interest on loans provided to MSMEs, which is 85% of its total income. This sector of the economy is considered to be a high-risk and high-reward industry, and Five Star Business Finance Limited has managed to mitigate the risk involved and sustain growth.
Five Star Business Finance Limited caters to MSMEs from various industries such as textiles, education, healthcare, food, and beverages. It provides loans ranging from INR100,000 to INR50,00,000 with repayment options ranging from 12 to 48 months. The company has a presence in 215 locations which showcases its reach across India.
The company’s focus on servicing the under served sectors has propelled its growth, and its efforts have been recognized. Recently, Five Star Business Finance Limited was recognized as the Best NBFC for Supply Chain Finance at the 8th Annual India Supply Chain Summit and Awards.
In conclusion, Five Star Business Finance Limited, as seen on Zauba, is on an upward trajectory with growth in its revenue, profits, and balance sheet size. Its focus on providing credit to under-served MSMEs sectors has been well-received, and its efforts have been acknowledged by the industry. The company’s well-managed financial profile bodes well for its future prospects.
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