Whalesbook
Okay, toh Motilal Oswal ne Five Star Business Finance ko cover karna shuru kar diya hai aur ek solid 'BUY' recommendation di hai, sath mein ₹600 ka price target bhi set kiya hai. Brokerage ko lagta hai ki company mein kafi potential hai, especially unke recent results aur future growth projections ko dekhte hue.
Q4 Results: Thoda Up, Thoda Down, Par Full Year Solid Hai!
Dekho, Five Star Business Finance ne Q4 FY26 mein thoda sa PAT (Profit After Tax) kam kiya hai, yeh around 4% se ₹2.7 billion raha year-on-year. Lekin poore FY26 ka PAT dekho toh yeh lagbhag 2% badhkar ₹11 billion ho gaya hai. Aur Net Interest Income (NII) bhi badhiya grow hua hai, lagbhag 10% upar aakar ₹6.1 billion ho gaya hai. Operating expenses thode 21% badhe hain, par fir bhi PPOP (Profit Before Provision aur Operating Profit) Q4 mein 5% aur poore saal mein 11% grow kiya hai. Credit costs bhi control mein hain, around 1.55% of assets.
Future Growth Outlook & Target Price Explained
Aage ki baat karein toh, Motilal Oswal predict kar raha hai ki Five Star Business Finance ka AUM (Assets Under Management) 21% CAGR se grow karega aur PAT 12% se FY26 aur FY28 ke beech. RoA (Return on Assets) 6.6% aur ROE (Return on Equity) 15% tak pahunch sakta hai FY28 tak. Abhi stock ka valuation lagbhag 1.7 times hai FY27 ke estimated P/BV (Price-to-Book Value) par. Aur yeh jo ₹600 ka target price hai na, yeh March 2028 ke projected book value ke 1.8 times multiple par based hai.