About Baid Finserv Limited
Data last updated: 01 January 2026
Baid Finserv Limited is a public limited company based in Jaipur, Rajasthan, India. It specialises in investment and credit NBFC, a part of the broader financial services sector. Incorporated on 20 December 1991, the company has been in operation for over 35 years.
Registered with ROC Jaipur under CIN L65910RJ1991PLC006391. Listed on BSE: 511724.
Capital: an authorised share capital of ₹40 Cr and a paid-up capital of ₹30.02 Cr. It is led by directors including Chaitnya Sharma and Alpana Baid.
Last AGM: 12 September 2025. Financial statements filed for year ended 31 March 2025. Office: Baid House Iind Floor 1 Tara Nagar Ajmer Road, Jaipur, Rajasthan, India – 302006.
As per the financials filed for FY 2024, the company reported a revenue of ₹66.36 Cr, a growth of 19.06% compared to the previous year.
The company is associated with 2 brands - Baid Leasing And Finance, Baid Finserv. As per MCA filings, the company has open charges of ₹484.08 Cr and satisfied charges of ₹497.64 Cr on record.
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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressBaid House Iind Floor 1 Tara Nagar Ajmer Road, Jaipur, Rajasthan, India – 302006
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IndustryFinancial Services, Investment & Credit NBFC, NBFC, Asset Financing Companies
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Baid Finserv Limited
Baid Finserv Limited operates two associated brands: Baid Leasing and Finance and Baid Finserv. These brands represent Baid Finserv Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Finance services encompassing loans and insurance in India. | balfc.com | |
| Provider of car and SME loans | baidfinserv.com |
Competitors & Alternatives of Baid Finserv Limited
Brands and companies operating in the same space as Baid Finserv Limited include Manappuram Finance, L & T Finance Holdings, Bajaj Finserv and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Manappuram Finance
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Consumer and SME loans are provided by Manappuram Finance. | Valapad, India, India | 1992 |
L & T Finance Holdings
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Diversified lending services are provided as a non-banking financial institution. | Mumbai, India, India | 1994 |
Bajaj Finserv
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Financial solutions including loans and insurance are offered. | Pune, India, India | 2007 |
Northern Arc Capital
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Household and business loans are provided with risk management support. | Chennai, India, India | 2006 |
IIFL Finance
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Online gold, home, personal, and business loans are provided. | Mumbai, India, India | 1995 |
Mahindra Finance
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Consumer and SME loans are provided by Mahindra Finance. | Mumbai, India, India | 1991 |
Hero Fincorp
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2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | Delhi, India, India | 1991 |
Kinara Capital
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Collateral-free loans are provided to MSMEs for business operations. | Bengaluru, India, India | 2011 |
Dvara KGFS
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Loans for consumers and SMEs are provided alongside financial services. | Chennai, India, India | 2008 |
Business Activity of Baid Finserv Limited
Baid Finserv Limited operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| ********* | Financial and insurance Service | ********* | Financial and Credit leasing activities | ********* |
Auditor Details of Baid Finserv Limited
Baid Finserv Limited is audited by ABSM AND ASSOCIATES (ICAI peer reviewed, certificate valid till 2027-03-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| ABSM AND ASSOCIATES (ICAI peer reviewed, certificate valid till 2027-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Baid Finserv Limited
Baid Finserv Limited is currently managed by 8 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chaitnya Sharma | Director | 04 Aug 2023 | 2 Years 11 Months | Current |
| Alpana Baid | Director | 16 Aug 2014 | 11 Years 10 Months | Current |
| Anurag Patni | Director | 22 Oct 2016 | 9 Years 8 Months | Current |
|
Surendra Kumar Singhi
Also directs:
Jain Raffia Industries Limited, Victor Securities Private Limited, Beta Holdings Private Limited and 5 more
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Director | 04 Aug 2023 | 2 Years 11 Months | Current |
| Panna Lall Baid | Managing Director | 01 Apr 2010 | 16 Years 3 Months | Current |
|
Aditya Baid
Also directs:
Revant Trading Private Limited, Shiva Mega Buildcon Private Limited, Realstone Buildcon Private Limited and 5 more
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Cfo | 07 Feb 2018 | 8 Years 5 Months | Current |
Financials of Baid Finserv Limited FY 2026 filings available
Baid Finserv Limited reported revenue of ₹97.27 Cr (up 18.64% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Revenue from Operations | ₹97.27 Cr | ₹81.98 Cr | ₹65.92 Cr | ₹54.85 Cr |
| Interest Earned | ₹78.54 Cr | ₹67.18 Cr | ₹56.31 Cr | ₹51.27 Cr |
| Other Income | ₹1.92 Cr | ₹56.42 Lakh | ₹44.29 Lakh | ₹88.17 Lakh |
| Total Income | ₹99.19 Cr | ₹82.55 Cr | ₹66.36 Cr | ₹55.73 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹16.46 Cr | ₹12.15 Cr | ₹4.5 Cr | ₹1.54 Cr |
| Employee Benefit Expense | ₹10.11 Cr | ₹9.48 Cr | ₹6.81 Cr | ₹5.47 Cr |
| Finance Costs | ₹31.97 Cr | ₹29.34 Cr | ₹23.06 Cr | ₹17.68 Cr |
| Depreciation & Amortisation | ₹93.6 Lakh | ₹3.02 Cr | ₹48.33 Lakh | ₹32.79 Lakh |
| Other Expenses | ₹8.49 Cr | ₹8.11 Cr | ₹6.84 Cr | ₹6.71 Cr |
| Total Expenses | ₹79.11 Cr | ₹64.41 Cr | ₹48.26 Cr | ₹41.75 Cr |
| Profit Before Exceptional Items & Tax | ₹20.07 Cr | ₹18.14 Cr | ₹18.1 Cr | ₹13.99 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹20.07 Cr | ₹18.14 Cr | ₹18.1 Cr | ₹13.99 Cr |
| Total Tax Expense | ₹5.1 Cr | ₹4.69 Cr | ₹5.17 Cr | ₹3.61 Cr |
| Net Profit | ₹14.97 Cr | ₹13.45 Cr | ₹12.92 Cr | ₹10.38 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹82,000 | -₹90,000 |
| Total Comprehensive Income | ₹14.97 Cr | ₹13.45 Cr | ₹12.93 Cr | ₹10.37 Cr |
| EBITDA (computed) | ₹52.98 Cr | ₹50.5 Cr | ₹41.64 Cr | ₹31.99 Cr |
| Basic EPS | ₹1.15 | ₹1.12 | ₹1.08 | ₹0.97 |
| Diluted EPS | ₹1.15 | ₹1.12 | ₹1.08 | ₹0.97 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹539.08 Cr | ₹454.05 Cr | ₹425.72 Cr | ₹341.12 Cr |
| Property, Plant & Equipment | ₹5.65 Cr | ₹5.07 Cr | ₹4.04 Cr | ₹1.26 Cr |
| Inventories | ₹19.13 Lakh | ₹1.04 Cr | ₹44.68 Lakh | ₹4.47 Lakh |
| Cash & Equivalents | ₹7.09 Cr | ₹11.31 Cr | ₹32.57 Cr | ₹8.99 Cr |
| Equity (Net Worth) | ₹232.79 Cr | ₹179.03 Cr | ₹166.78 Cr | ₹155.01 Cr |
| Equity Share Capital | ₹30.98 Cr | ₹24.01 Cr | ₹24.01 Cr | ₹24.01 Cr |
| Total Liabilities | ₹306.28 Cr | ₹275.01 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Operating Cash Flow | -₹33.27 Cr | ₹1.93 Cr | -₹21.77 Cr | ₹5.53 Cr |
| Investing Cash Flow | -₹7.79 Cr | -₹6.15 Cr | -₹1.59 Cr | ₹2.81 Cr |
| Financing Cash Flow | ₹36.84 Cr | -₹17.04 Cr | ₹46.94 Cr | -₹7.93 Cr |
| Capital Expenditure | ₹1.36 Cr | ₹1.59 Cr | ₹3.19 Cr | ₹30.71 Lakh |
| Free Cash Flow (computed) | -₹34.63 Cr | ₹33.33 Lakh | -₹24.96 Cr | ₹5.23 Cr |
| Dividends Paid | ₹1.2 Cr | ₹1.2 Cr | ₹1.2 Cr | ₹1.2 Cr |
| Net Change in Cash | -₹4.22 Cr | -₹21.26 Cr | ₹23.58 Cr | ₹41.53 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹25.01 Cr | ₹24.63 Cr | ₹23.84 Cr | ₹23.78 Cr | ₹22.11 Cr | ₹21.34 Cr | ₹19.65 Cr | ₹18.88 Cr | ₹15.15 Cr | ₹17.51 Cr | ₹15.01 Cr | ₹18.24 Cr |
| Interest Earned | ₹20.32 Cr | ₹20.02 Cr | ₹19.15 Cr | ₹19.05 Cr | ₹17.69 Cr | ₹18.61 Cr | ₹15.23 Cr | ₹15.65 Cr | ₹13.47 Cr | ₹15.38 Cr | ₹12.1 Cr | ₹15.36 Cr |
| Other Income | ₹55.94 Lakh | ₹1.1 Cr | ₹14.01 Lakh | ₹12.65 Lakh | ₹2.17 Lakh | ₹1.09 Lakh | ₹6.25 Lakh | ₹46.89 Lakh | ₹5.13 Lakh | ₹6.96 Lakh | ₹25.49 Lakh | ₹6.7 Lakh |
| Total Income | ₹25.57 Cr | ₹25.72 Cr | ₹23.98 Cr | ₹23.91 Cr | ₹22.14 Cr | ₹21.35 Cr | ₹19.71 Cr | ₹19.35 Cr | ₹15.21 Cr | ₹17.58 Cr | ₹15.27 Cr | ₹18.3 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹4.24 Cr | ₹3.86 Cr | ₹4.1 Cr | ₹4.27 Cr | ₹3.72 Cr | ₹2.15 Cr | ₹3.66 Cr | ₹2.63 Cr | ₹92.29 Lakh | ₹1.51 Cr | ₹1.57 Cr | ₹50.09 Lakh |
| Employee Benefit Expense | ₹2.77 Cr | ₹2.58 Cr | ₹2.38 Cr | ₹2.38 Cr | ₹2.35 Cr | ₹2.74 Cr | ₹2.36 Cr | ₹2.04 Cr | ₹1.77 Cr | ₹1.93 Cr | ₹1.72 Cr | ₹1.38 Cr |
| Finance Costs | ₹7.81 Cr | ₹8.18 Cr | ₹7.99 Cr | ₹7.99 Cr | ₹7.34 Cr | ₹7.26 Cr | ₹7.65 Cr | ₹7.09 Cr | ₹6.54 Cr | ₹5.71 Cr | ₹5.51 Cr | ₹5.29 Cr |
| Depreciation & Amortisation | ₹24.18 Lakh | ₹24.97 Lakh | ₹20.02 Lakh | ₹24.43 Lakh | ₹88.95 Lakh | ₹16.87 Lakh | ₹28.89 Lakh | ₹8.46 Lakh | ₹22.34 Lakh | ₹10.62 Lakh | ₹12.57 Lakh | ₹11.68 Lakh |
| Other Expenses | ₹2.18 Cr | ₹2.36 Cr | ₹2 Cr | ₹1.95 Cr | ₹2.22 Cr | ₹1.82 Cr | ₹1.94 Cr | ₹2.13 Cr | ₹2.08 Cr | ₹1.28 Cr | ₹1.81 Cr | ₹1.67 Cr |
| Total Expenses | ₹23.41 Cr | ₹19.27 Cr | ₹17.9 Cr | ₹18.54 Cr | ₹17.08 Cr | ₹15.03 Cr | ₹17.09 Cr | ₹15.21 Cr | ₹13.17 Cr | ₹12.52 Cr | ₹11.84 Cr | ₹10.81 Cr |
| Profit Before Exceptional Items & Tax | ₹2.17 Cr | ₹6.46 Cr | ₹6.08 Cr | ₹5.37 Cr | ₹5.06 Cr | ₹6.32 Cr | ₹2.62 Cr | ₹4.14 Cr | ₹2.03 Cr | ₹5.06 Cr | ₹3.43 Cr | ₹7.5 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2.17 Cr | ₹6.46 Cr | ₹6.08 Cr | ₹5.37 Cr | ₹5.06 Cr | ₹6.32 Cr | ₹2.62 Cr | ₹4.14 Cr | ₹2.03 Cr | ₹5.06 Cr | ₹3.43 Cr | ₹7.5 Cr |
| Total Tax Expense | ₹50.95 Lakh | ₹1.71 Cr | ₹1.53 Cr | ₹1.35 Cr | ₹1.42 Cr | ₹1.59 Cr | ₹65.84 Lakh | ₹1.02 Cr | ₹95.06 Lakh | ₹1.45 Cr | ₹86.22 Lakh | ₹1.89 Cr |
| Net Profit | ₹1.66 Cr | ₹4.75 Cr | ₹4.55 Cr | ₹4.02 Cr | ₹3.64 Cr | ₹4.73 Cr | ₹1.96 Cr | ₹3.12 Cr | ₹1.08 Cr | ₹3.61 Cr | ₹2.56 Cr | ₹5.61 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹21,000 | ₹21,000 | -₹97,000 | ₹53,000 | ₹68,000 | ₹58,000 |
| Total Comprehensive Income | ₹1.66 Cr | ₹4.75 Cr | ₹4.55 Cr | ₹4.02 Cr | ₹3.64 Cr | ₹4.73 Cr | ₹1.96 Cr | ₹3.12 Cr | ₹1.07 Cr | ₹3.61 Cr | ₹2.57 Cr | ₹5.62 Cr |
| EBITDA (computed) | ₹10.22 Cr | ₹14.89 Cr | ₹14.27 Cr | ₹13.6 Cr | ₹13.29 Cr | ₹13.75 Cr | ₹10.56 Cr | ₹11.32 Cr | ₹8.8 Cr | ₹10.88 Cr | ₹9.06 Cr | ₹12.9 Cr |
| Basic EPS | ₹0.07 | ₹0.37 | ₹0.38 | ₹0.33 | ₹0.30 | ₹0.39 | ₹0.16 | ₹0.26 | ₹0.09 | ₹0.30 | ₹0.21 | ₹0.47 |
| Diluted EPS | ₹0.07 | ₹0.37 | ₹0.38 | ₹0.33 | ₹0.30 | ₹0.69 | ₹0.16 | ₹0.26 | ₹0.09 | ₹0.30 | ₹0.21 | ₹0.47 |
Shareholding Pattern of Baid Finserv Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 47.39%, foreign institutional investors hold 0.20%, retail and other public shareholders hold 52.41% of Baid Finserv Limited. The company had 23,260 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 47.39% | 45.71% | 36.25% | 36.25% | 36.25% | 36.25% |
| Public | 52.61% | 54.29% | 63.75% | 63.75% | 63.75% | 63.75% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | |
|---|---|---|---|---|
| Promoters | 47.39% | 36.25% | 34.80% | 34.80% |
| Public | 52.61% | 63.75% | 65.20% | 65.20% |
| Promoter change (YoY, %pts) | +11.14 | +1.45 | +0.00 | - |
Board & Governance of Baid Finserv Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Baid Finserv Limited has 6 directors - 3 independent and 2 executive. The board is chaired by PANNA LAL BAID.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| PANNA LAL BAID | Executive Director · MD · Chairperson | 2010-04-01 | 1 |
| AMAN BAID | Executive Director | 2014-05-24 | 1 |
| ALPANA BAID | Non-Executive - Non Independent Director | 2014-08-16 | 2 |
| ANURAG PATNI | Non-Executive - Independent Director | 2016-10-22 | 1 |
| SURENDRA KUMAR SINGHI | Non-Executive - Independent Director | 2023-08-04 | 1 |
| CHAITNYA SHARMA | Non-Executive - Independent Director | 2023-08-04 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | SURENDRA KUMAR SINGHI (Chairperson), ANURAG PATNI, CHAITNYA SHARMA |
| Nomination and remuneration committee | SURENDRA KUMAR SINGHI (Chairperson), ANURAG PATNI, CHAITNYA SHARMA |
| Stakeholders Relationship Committee | SURENDRA KUMAR SINGHI (Chairperson), ANURAG PATNI, CHAITNYA SHARMA |
| Risk Management Committee | PANNA LAL BAID (Chairperson), AMAN BAID, SURENDRA KUMAR SINGHI |
| Corporate Social Responsibility Committee | SURENDRA KUMAR SINGHI (Chairperson), AMAN BAID, ALPANA BAID |
Charges & Borrowings of Baid Finserv Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2025 | Others | ₹15 Cr | Open |
| 30 Sep 2025 | Others | ₹20 Cr | Open |
| 26 Sep 2025 | City Union Bank Limited | ₹15 Cr | Open |
| 24 Sep 2025 | Others | ₹15 Cr | Open |
| 04 Aug 2025 | Hdfc Bank Limited | ₹93.5 Lakh | Open |
Total charge records: 114 View all charges
Employees and EPFO Compliance at Baid Finserv Limited
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Employee Count & EPFO Data of Baid Finserv Limited
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GST Compliance of Baid Finserv Limited
GSTIN & GST Filing Data of Baid Finserv Limited
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Credit Ratings, Litigation & Regulatory Alerts for Baid Finserv Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Baid Finserv Limited
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MSME Payment Delays by Baid Finserv Limited
MSME Payment Delays by Baid Finserv Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Baid Finserv Limited
Subsidiaries & Group Companies of Baid Finserv Limited
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MCA Filings & Documents of Baid Finserv Limited
MCA Filings & Documents of Baid Finserv Limited
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Recent Activity on Baid Finserv Limited
Recent News on Baid Finserv Limited
Frequently Asked Questions about Baid Finserv Limited
Baid Finserv Limited is an active public limited company in the financial services sector based in Jaipur, Rajasthan, India. It was incorporated on 20 December 1991 (35+ years old) and is registered under CIN L65910RJ1991PLC006391. Listed on BSE: 511724.
Baid Finserv Limited reported revenue of ₹66.36 Cr for FY 2024 (up 19.06% YoY).
The current directors of Baid Finserv Limited are:
- Chaitnya Sharma
- Surbhi Rawat
- Alpana Baid
- Aditya Baid
- Anurag Patni
- Surendra Kumar Singhi
- Panna Lall Baid
- Aman Baid
The primary industry of Baid Finserv Limited is financial services. The company specifically operates in investment and credit nbfc. The company is currently active in this sector.
Yes. Baid Finserv Limited is listed on BSE with code 511724.
Baid Finserv Limited can be reached at the registered office: Baid House Iind Floor 1 Tara Nagar Ajmer Road, Jaipur, Rajasthan, India – 302006, or through the website balfc.com.