BAIDFIN
Baid Finserv financials
- Market cap
- ₹191 Cr
- Sector
- Financial Services
What Baid Finserv Limited does
Baid Finserv Limited is a non-deposit-taking NBFC (Base Layer) that originates and services secured loans through a branch and field-officer network in semi-urban and rural markets. Its two main lending lines are Vehicle Loans (tractor, commercial vehicle, car) and Mortgage & Business Loans (MSME/business loans, loan against property), funded via borrowings from banks and financial institutions. It also distributes life, dwelling and motor insurance products alongside its lending business.
Segments
- Vehicle Loans
- Mortgage & Business Loans
- Insurance
- Branch offices
- 52 (across Rajasthan, Madhya Pradesh & Gujarat)
- AUM
- ₹411.18 Cr
- Customer base
- 50,000+ (9,991 active customers)
- Employees
- 244
- Field force
- 197
- Active lenders (banks & FIs)
- 18
Quarterly results
Q1 FY27: revenue down 9.0%, net profit up 8.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 20 | 21 | 22 | 24 | 24 +21% | 25 +15% | 25 +13% | 22 −9% |
| Net profit | 2 | 5 | 4 | 4 | 5 +132% | 5 +0% | 2 −54% | 4 +8% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +7.9% 1Y
1Y: ₹11.01 on 10 Sept 2025 → ₹11.88. High ₹12.47 (15 Dec 2025), low ₹9.1 (30 Mar 2026).
Financials, as filed
Revenue grew 21.5% a year over 2 years, FY24 to FY26.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹66 Cr | ₹82 Cr | ₹97 Cr |
| Interest | ₹23 Cr | ₹29 Cr | ₹32 Cr |
| Depreciation | ₹2 Cr | ₹1 Cr | ₹1 Cr |
| Net profit | ₹13 Cr | ₹13 Cr | ₹15 Cr |
| Net margin | 19.5% | 16.4% | 15.4% |
| Cash from operations | ₹-22 Cr | ₹2 Cr | ₹-33 Cr |
| Free cash flow | ₹-25 Cr | ₹0 Cr | ₹-35 Cr |
| ROE | 8.0% | 8.0% | 7.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹12 Cr | ₹12 Cr | ₹24 Cr | ₹24 Cr | ₹24 Cr | ₹31 Cr |
| Reserves | ₹126 Cr | ₹134 Cr | ₹131 Cr | ₹143 Cr | ₹167 Cr | ₹202 Cr |
| Borrowings | ₹164 Cr | ₹160 Cr | ₹171 Cr | ₹242 Cr | — | ₹285 Cr |
| Other liabilities | ₹15 Cr | ₹12 Cr | ₹15 Cr | ₹17 Cr | ₹22 Cr | ₹21 Cr |
| Total liabilities | ₹316 Cr | ₹318 Cr | ₹341 Cr | ₹426 Cr | ₹486 Cr | ₹539 Cr |
| Fixed assets | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹4 Cr | ₹6 Cr | ₹6 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹3 Cr | ₹9 Cr | ₹6 Cr | ₹5 Cr | ₹13 Cr | ₹16 Cr |
| Other assets | ₹312 Cr | ₹308 Cr | ₹333 Cr | ₹417 Cr | ₹467 Cr | ₹517 Cr |
| Total assets | ₹316 Cr | ₹318 Cr | ₹341 Cr | ₹426 Cr | ₹486 Cr | ₹539 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Aug 2026
Since Sep 2025, promoters added +13.48 pp while the public trimmed −13.40 pp. The shareholder count shrank 5% to 22,373.
- Promoters
- 49.7%
- FIIs
- 0.2%
- Public
- 50.1%
Since Sep 2025
- Promoters +13.48 pp
- Public −13.40 pp
- FIIs −0.08 pp
How it drifted, 12 quarters
Over this window the public fell from 65.2% to 50.1% — −15.1 pp.
Ownership split by quarter, oldest first. Dec '23: Promoters 34.8%, Public 65.2%.Mar '24: Promoters 34.8%, FIIs 0.0%, Public 65.2%.Jun '24: Promoters 35.0%, FIIs 0.0%, Public 65.0%.Sep '24: Promoters 35.4%, FIIs 0.0%, Public 64.5%.Dec '24: Promoters 36.3%, FIIs 0.0%, Public 63.8%.Mar '25: Promoters 36.3%, FIIs 0.3%, Public 63.5%.Jun '25: Promoters 36.3%, FIIs 0.3%, Public 63.5%.Sep '25: Promoters 36.3%, FIIs 0.3%, Public 63.5%.Dec '25: Promoters 45.7%, FIIs 0.2%, Public 54.1%.Mar '26: Promoters 47.4%, FIIs 0.2%, Public 52.4%.Jun '26: Promoters 47.4%, FIIs 0.2%, Public 52.4%.Aug '26: Promoters 49.7%, FIIs 0.2%, Public 50.1%.
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Alpana Baid +1.39 pp 3.51% held
- Dalima Baid +1.11 pp 1.22% held
- Asmita Baid +1.11 pp 1.22% held
- Aditya Baid +0.63 pp 3.15% held
The same filing shows 18 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Aug 2026 filing
Every holder of Baid Finserv Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| Carewell Builders Private Limited | 6.52% | −0.30 pp |
| Niranjana Prime Developers Private Limited | 6.39% | −0.29 pp |
| Dream Realmart Private Limited | 5.74% | −0.27 pp |
| Niranjana Properties Private Limited | 4.35% | −0.20 pp |
| Mahendra Kumar Baid | 4.11% | −0.19 pp |
| Aman Baid | 3.91% | −0.18 pp |
| Panna Lal Baid | 3.88% | −0.18 pp |
| Alpana Baid | 3.51% | +1.39 pp |
| Aditya Baid | 3.15% | +0.63 pp |
| Anuvibha Construction Private Limited | 3.08% | −0.15 pp |
| Tradeswift Developers Private Limited | 3.03% | −0.15 pp |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 2.46% | −0.12 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Baid Finserv Limited
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