Baid Finserv Limited

BSE: 511724 NSE: BAIDFIN
Baid Finserv Limited - financial services in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
CIN L65910RJ1991PLC006391 Incorporated 20 December 1991 ROC Jaipur HQ Jaipur, Rajasthan, India
Active Listed - NSE: BAIDFIN · BSE: 511724 Public Limited Company financial services MSME · Small
Data last updated
Market Cap
₹165 Cr
BAIDFIN · NSE
Share Price
₹10.30
+1.28% today
Revenue
₹98.67 Cr
FY 2025-26 · +19.8% YoY
EBITDA
₹52.45 Cr
Margin 53.2%
Net Profit
₹14.97 Cr
FY 2025-26 · +12.1% YoY
P/E (TTM)
10.4x
P/B 0.7x
ROE
7.3%
ROCE 10.9%
Debt / Equity
1.31
Interest cover 62.1x

About Baid Finserv Limited

Data last updated:

Baid Finserv Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 20 December 1991 and has been in existence for over 35 years.

The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L65910RJ1991PLC006391. Its GSTIN is 08AAACB6404E1Z5 (Rajasthan). The company holds 3 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 511724 and NSE: BAIDFIN.

The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹30.98 Cr. It is led by directors including Panna Lal Baid (Managing Director) and Aman Baid (Whole-Time Director).

Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Baid House Iind Floor 1 Tara Nagar Ajmer Road, Jaipur, Rajasthan, India – 302006.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹98.67 Cr, a growth of 19.8% compared to the previous year. For the same year it recorded a net profit of ₹14.97 Cr (net margin 15.2%) and EBITDA of ₹52.45 Cr (EBITDA margin 53.2%). The net worth stands at ₹232.8 Cr (up 30% YoY). Total assets are valued at ₹518.18 Cr (up 19.3% YoY).

The company is associated with 2 brands: Baid Leasing and Finance and Baid Finserv. As per MCA filings, the company has open charges of ₹483.87 Cr and satisfied charges of ₹562.85 Cr on record. Court records list 272 cases involving the company, including 243 filed by the company and 29 filed against it; 89 cases are pending. The company has 29 deals on record (29 market trades); the latest was in February 2025.

Baid Finserv Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0036777). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balfc.com.

Company details

CIN L65910RJ1991PLC006391
Registration Number 006391
Incorporation Date 20 December 1991
ROC Jaipur
Listing Status Listed - Listed on NSE (BAIDFIN); Listed on BSE (511724)
Company Status Active
Date of Last AGM 12 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-RJ-17-0036777
Key People
Panna Lal Baid Managing Director Aman Baid Whole-Time Director Alpana Baid Director

Recognitions & Rankings of Baid Finserv

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-RJ-17-0036777

Contact details

Baid Finserv Limited's registered office is in Jaipur, Rajasthan. Its website is balfc.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    balfc.com
  • Social Media
  • Registered Address
    Baid House Iind Floor 1 Tara Nagar Ajmer Road, Jaipur, Rajasthan, India – 302006
  • Industry
    Financial Services, Investment & Credit NBFC, NBFC, Asset Financing Companies

To see the full contact details of Baid Finserv Limited, buy the company report.

Comprehensive company report
Baid Finserv Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Baid Finserv operates two associated brands: Baid Leasing and Finance and Baid Finserv. Each brand links to its own profile.

BrandDescriptionWebsite
Baid Leasing and Finance
Finance services encompassing loans and insurance in India.balfc.com
Baid Finserv
Provider of car and SME loansbaidfinserv.com

Business activity

The main business activity of Baid Finserv is financial and insurance service. In detail, this covers financial and credit leasing activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK5Financial and Credit leasing activities

To see the full business activity and turnover split of Baid Finserv Limited, buy the company report.

Financials of Baid Finserv Limited

FY 2025-26 filings available

Baid Finserv Limited reported revenue of ₹98.67 Cr (up 19.8% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹98.67 Cr
+19.8% YoY
EBITDA
₹52.45 Cr
+9.2% YoY
Profit After Tax
₹14.97 Cr
+12.1% YoY
Net Worth
₹233 Cr
+30.0% YoY
Total Assets
₹518 Cr
+19.3% YoY
Total Debt
₹285 Cr
+11.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue98.6782.3765.9755.7349.9953.9562.59
Revenue growth+19.8%+24.9%+18.4%+11.5%-7.3%-13.8%-
EBITDA52.4548.0341.2431.9931.9734.4841.56
EBITDA margin+53.2%+58.3%+62.5%+57.4%+64.0%+63.9%+66.4%
Profit before tax20.0618.1418.0913.9912.1410.2910.35
Net profit14.9713.3612.9210.388.777.537.53
Net profit margin+15.2%+16.2%+19.6%+18.6%+17.5%+14.0%+12.0%
EPS (₹)0.971.121.080.867.326.236.34
Balance sheet
Total assets518434409326306301319
Net worth233179167155146138130
Total debt285255242171160164189
Cash & bank8.8715.5436.3217.8315.7912.7712.31
Net working capital10.5417.4038.2418.5524.4824.395.62
Cash flow
Cash from operations(33.27)1.93(21.77)5.5334.0050.4840.03
Cash from investing(7.79)(6.15)(1.59)2.81(5.58)0.40(2.30)
Cash from financing36.84(17.04)46.94(7.93)(24.27)(48.68)(38.30)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue20.1621.6425.0124.6323.8423.7822.1221.34
Revenue growth (YoY)-15.4%-9.0%+13.1%+15.4%+21.3%+25.9%--
Other income1.610.410.561.100.140.130.020.01
Total expenses6.558.0815.3610.839.7110.319.557.61
EBITDA13.6113.569.6513.8014.1313.4712.5713.73
EBITDA margin+67.5%+62.7%+38.6%+56.0%+59.3%+56.6%+56.9%+64.3%
Depreciation0.270.230.240.250.200.240.190.17
Interest8.007.947.818.187.997.997.347.26
Profit before tax6.955.802.166.476.085.375.066.31
Tax1.751.460.511.711.531.351.411.59

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue20.1621.6425.0124.6323.8423.7822.1221.34
Revenue growth (YoY)-15.4%-9.0%+13.1%+15.4%+21.3%+25.9%--
Other income1.610.410.561.100.140.130.020.01
Total expenses6.558.0815.3610.839.7110.319.557.61
EBITDA13.6113.569.6513.8014.1313.4712.5713.73
EBITDA margin+67.5%+62.7%+38.6%+56.0%+59.3%+56.6%+56.9%+64.3%
Depreciation0.270.230.240.250.200.240.190.17
Interest8.007.947.818.187.997.997.347.26
Profit before tax6.955.802.166.476.085.375.066.31
Tax1.751.460.511.711.531.351.411.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue98.6782.3765.9755.7349.9953.9562.59
Revenue growth+19.8%+24.9%+18.4%+11.5%-7.3%-13.8%-
Other income0.520.180.390.010.060.160.20
Total expenses46.2234.3424.7323.7418.0219.4721.03
Employee cost10.119.486.815.474.945.455.93
EBITDA52.4548.0341.2431.9931.9734.4841.56
EBITDA margin+53.2%+58.3%+62.5%+57.4%+64.0%+63.9%+66.4%
Depreciation0.940.730.480.330.290.290.36
Interest31.9729.3423.0617.6819.6024.0631.05
Profit before tax20.0618.1418.0913.9912.1410.2910.35
Tax5.094.695.173.613.372.812.75
Net profit14.9713.3612.9210.388.777.537.53
Net profit margin+15.2%+16.2%+19.6%+18.6%+17.5%+14.0%+12.0%
EPS (₹)0.971.121.080.867.326.236.34
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital30.9824.0124.0124.0112.0112.0112.01
Reserves & surplus199155143131134126118
Shareholders' funds (net worth)233179167155146138130
Secured loans285254239166151155180
Unsecured loans0.391.023.174.608.788.968.81
Total debt285255242171160164189
Total liabilities518434409326306301319
Assets
Gross block10.008.406.793.503.182.892.83
Net block5.915.254.211.401.361.361.42
Capital work in progress0.000.000.000.000.000.000.00
Investments15.709.504.676.288.583.233.45
Inventories0.191.040.450.040.100.110.07
Sundry debtors0.000.000.280.006.9110.880.00
Cash & bank balances8.8715.5436.3217.8315.7912.7712.31
Loans & advances22.0020.0618.2716.0713.9115.6515.17
Total current assets31.0636.6455.3233.9436.7139.4127.55
Total current liabilities20.5219.2417.0815.3912.2315.0221.93
Net working capital10.5417.4038.2418.5524.4824.395.62
Total assets518434409326306301319
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash11.3132.578.998.584.432.222.79
Net cash from operating activities(33.27)1.93(21.77)5.5334.0050.4840.03
Net cash from investing activities(7.79)(6.15)(1.59)2.81(5.58)0.40(2.30)
Net cash from financing activities36.84(17.04)46.94(7.93)(24.27)(48.68)(38.30)
Net change in cash(4.22)(21.26)23.580.424.152.20(0.57)
Closing cash8.8715.5436.3217.8315.7912.7712.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+19.8%+24.9%+18.4%+11.5%-7.3%-13.8%-
EBITDA growth+9.2%+16.5%+28.9%+0.1%-7.3%-17.0%-
PBT growth+10.6%+0.3%+29.3%+15.2%+18.0%-0.6%-18.6%
Net income growth+12.1%+3.4%+24.5%+18.4%+16.5%0.0%-
Revenue CAGR (3Y)+21.0%+18.1%+6.9%-3.8%-4.9%+9.7%+30.0%
EBITDA CAGR (3Y)+17.9%+14.5%+6.2%-8.4%-7.8%+9.3%+34.8%
Profitability & leverage
Net income margin+15.2%+16.3%+19.6%+18.6%+17.5%+13.9%+12.1%
Return on capital employed+10.9%+11.3%+11.2%+10.0%+10.5%+11.1%+13.0%
Return on net worth+7.3%+7.8%+8.0%+6.9%+6.2%+5.6%+8.5%
Debt / equity1.311.441.281.101.141.322.56
Long-term debt / equity1.271.391.230.990.901.012.10
Interest cover62.0762.0356.5855.8461.8770.3775.36
Efficiency & per share
Fixed asset turnover10.7810.8712.9016.6916.4918.9221.04
Inventory turnover161.28110.81270.86796.29476.67601.22697.67
Debtors turnover0.00589.64474.0016.135.639.950.00
EPS (₹)0.971.121.080.867.326.236.34
Dividend per share (₹)0.100.100.100.100.500.500.00
Book value per share (₹)14.8514.9113.8912.91121.45114.58108.29

To see the full year-wise statements and ratios of Baid Finserv Limited, buy the company report.

Board of directors of Baid Finserv Limited

Baid Finserv has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Alpana Baid
Also directs: Goodfortune Trading Private Limited, BFL Asset Finvest Limited, Care Well Builders Private Limited
Director16 Aug 201412 Years 2 MonthsCurrent
Panna Lal BaidManaging Director01 Apr 201016 Years 7 MonthsCurrent
Anurag PatniDirector22 Oct 201610 Years 0 MonthsCurrent
Aman Baid
Also directs: Abhi Gyan Marketing LLP, Rise Star Constructions LLP, Shree Narayan Kripa Buildcon Private Limited and 5 more
Whole-Time Director24 May 201412 Years 5 MonthsCurrent
Surendra Kumar Singhi
Also directs: Jain Raffia Industries Limited, Victor Securities Private Limited, Beta Holdings Private Limited and 5 more
Director04 Aug 20233 Years 3 MonthsCurrent
Chaitnya SharmaDirector04 Aug 20233 Years 3 MonthsCurrent
View all directors

Auditor

Baid Finserv Limited is audited by Khilnani & Associates for the financial year 2019.

Auditor firmFinancial yearFirm registration number
Khilnani & AssociatesFY 2019005776C

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 47.40%, foreign institutional investors hold 0.20%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 52.40%.

Promoters: 47.40%FII (Foreign Institutional): 0.20%Retail & Others: 52.40%
Sep 2026
QUARTER
47.40% Promoters
0.20% FII (Foreign Institutional)
52.40% Retail & Others
Promoter holding - history
Now 47.40% · Sep 2026High 47.40% · Jun 2026Low 36.20% · Dec 2025
35%38.5%42%45.5%49%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 36.20%Mar 2026: 45.70%Jun 2026: 47.40%Sep 2026: 47.40%47.40%36.20%47.40%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters47.40%47.40%45.70%36.20%
Public52.60%52.60%54.30%63.80%

Charges & borrowings

Open charges
₹483.87 Cr
Satisfied charges
₹562.85 Cr
Breakdown by lending institutions
Others₹331.39 Cr
Sbicap Trustee Company Limited₹79.98 Cr
Uco Bank₹35.00 Cr
Indian Overseas Bank₹20.00 Cr
City Union Bank Limited₹15.00 Cr
Others₹2.49 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 May 2026101306955Others₹15 CrOpen
18 May 2026101298885Others₹15 CrOpen
30 Apr 2026101283073Others₹20 CrOpen
06 Feb 2026101241947Uco Bank₹15 CrOpen
30 Oct 2025101183558Others₹15 CrOpen

To see the full charge records of Baid Finserv Limited, buy the company report.

Total charge records: 118 View all charges

Deals & funding

Baid Finserv Limited has 29 deals on record (29 market trades); the latest was in February 2025.

Total deals
29
Market trades
29

Deals on record (5 of 29)

WhenDealAmountParties
Feb 2025Market trade₹1.49 CrBuyer: Dream Realmart Private Limited
Seller: Dream Prime Developers Private Limited
Jun 2024Market trade₹11.04 CrBuyer: Arham Wealth Management Private Limited , Setu Securities Private Limited , Mansi Share And Stock Advisors Pvt Ltd
Seller: Arham Wealth Management Private Limited , Setu Securities Private Limited , Multiplier Share and Stock Advisors Private Limited
Feb 2024Market trade₹2.14 CrSeller: Tuberose Distributors Private Limited
Oct 2023Market trade₹1.54 CrSeller: Wilson Holdings Private Limited
Sep 2023Market trade₹2.15 CrBuyer: Elan Ventures Private Limited
Seller: Elan Ventures Private Limited

To see the full deal history of Baid Finserv Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Baid Finserv Limited was last rated by Care on 21 Sep 2022.

Rating agencyRated onRating
Care21 Sep 2022

To see the full credit ratings and regulatory alerts of Baid Finserv Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Baid Finserv Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Baid Finserv has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
08AAACB6404E1Z5RajasthanActive01 Jul 2017
23AAACB6404E1ZDMadhya PradeshActive18 May 2023
24AAACB6404E1ZBGujaratActive19 May 2025

To see the full GST registrations and return filing status of Baid Finserv Limited, buy the company report.

Recent activity

Baid Finserv Limited has 25 board changes on record since 1991: 16 appointments and 9 cessations. The latest: Monu Jain ceased to be Director on 31 Mar 2024.

Charges
A charge registered on 16 Mar 2023 via Charge ID 100699767 with Uco Bank was fully satisfied on 11 Jun 2026.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101306955 was registered on 20 May 2026.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 101298885 was registered on 18 May 2026.
Charges
A charge registered on 29 Mar 2024 via Charge ID 100898280 with Others was fully satisfied on 13 May 2026.
Charges
A charge registered on 26 Jun 2025 via Charge ID 101117218 with Others was fully satisfied on 04 May 2026.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101283073 was registered on 30 Apr 2026.
Filing
Baid Finserv Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Jaipur.
Charges
A charge registered on 15 Dec 2022 via Charge ID 100660824 with Hdfc Bank Limited was fully satisfied on 25 Mar 2026.
Charges
A charge with Uco Bank amounted to Rs. 15.00 Cr with Charge ID 101241947 was registered on 06 Feb 2026.
Charges
A charge with Others of Rs. 15.00 Cr registered on 08 May 2024 with Charge ID 100917188 was modified on 28 Jan 2026.
Charges
A charge registered on 31 Jul 2023 via Charge ID 100764350 with Others was fully satisfied on 21 Jan 2026.
Charges
A charge registered on 30 Mar 2024 via Charge ID 100896095 with Others was fully satisfied on 05 Jan 2026.

224 earlier events are in the company report.

News

Frequently asked questions

Baid Finserv is an active public limited company based in Jaipur, Rajasthan, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 20 December 1991 (35+ years old) and is registered under CIN L65910RJ1991PLC006391. Listed on BSE: 511724 and NSE: BAIDFIN.

Baid Finserv reported revenue of ₹98.67 Cr for FY 2025-26 (up 19.8% YoY) based on standalone financials.

Baid Finserv has 6 current directors:

The latest financial statements of Baid Finserv on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 12 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Baid Finserv is 08AAACB6404E1Z5, registered in Rajasthan. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 23AAACB6404E1ZD (Madhya Pradesh), 24AAACB6404E1ZB (Gujarat).

The CIN (Corporate Identification Number) of Baid Finserv is L65910RJ1991PLC006391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Baid Finserv is a listed company as per MCA records. Its shares are listed on both BSE (code: 511724) and NSE (symbol: BAIDFIN).

Baid Finserv has 272 court cases on record: 243 filed by the company and 29 filed against it. 89 are pending. Most are in the district courts.

Baid Finserv was incorporated on 20 December 1991, making it 35+ years old. It is registered with the Registrar of Companies, Jaipur.

Baid Finserv has 29 deals on record (29 market trades); the latest was in February 2025.