Baid Finserv Limited (BAIDFIN)

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Baid Finserv Limited (BAIDFIN) · mywealthgrid

About

Baid Finserv Limited is a small-cap NBFC with ₹148.7 Cr market cap, generating quarterly revenues of ₹21–25 Cr and consistent profitability (₹1.66–₹4.75 Cr net profit). The company operates with a 52.5% average operating margin and regular dividend payouts. However, weak ROE (7.27%) and quarter-to-quarter margin volatility (38–64%) indicate capital efficiency or asset quality challenges that warrant scrutiny.

Face value: ₹2

Market cap

₹160 Cr

P/E

10.4×

P/B

0.7×

Dividend yield

ROE

7.3%

ROCE

—

Debt / equity

1.23

OPM

52.5%

EPS (TTM)

₹1.0

Book value

₹15.0

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Operating margin volatility (38.58% to 64.39% across recent quarters) drives earnings unpredictability (EPS ₹0.07–₹0.39)—verify underlying drivers of quarter-to-quarter cost or revenue swings
Debt-to-equity of 1.23 leaves limited buffer for credit cycle stress—verify non-performing assets, provisioning coverage, and capital adequacy ratios
ROE of 7.27% coupled with net profit variability (₹1.66–₹4.75 Cr across quarters) suggests capital inefficiency—verify asset quality trends and management's plans to improve returns
Stock declined 19.4% over 12 months with negligible institutional holding (0% DII, 0.19% FII)—verify if decline reflects operational concerns or valuation opportunity

Generated analysis · source review pending

Growth drivers

Stable operating margins (52.5% OPM, ranging 38–65%) provide cost efficiency buffer—verify quarterly loan book growth rate to assess whether revenue can scale
Consistent profitability across quarters (net profit ₹1.66–₹4.75 Cr) generates capital for lending expansion—verify capital ratio and whether growth plans require equity raise
NBFC sector growth typically driven by asset origination and credit quality; verify quarterly AUM trends, non-performing asset ratios, and management's lending expansion strategy not disclosed in this data

Generated analysis · source review pending

1,101 historical price candles were omitted because the exchange source has not been verified.

₹10.3-1.3%1Y

Quick read

rule-based

Pros

+Healthy operating margin of 52.5%

Cons

−Low return on equity of 7.7% (3-yr avg)
−Weak interest coverage of 1.6×
−Low dividend payout of 10.1% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

58/100

Business quality: 38
Growth: 41
Valuation: 95

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Shriram Finance LimitedSHRIRAMFINSHRIRAMFIN	₹1,77,811 Cr	₹4,28,503 Cr	₹49,997 Cr	₹36,981 Cr	73.7%	₹11,318 Cr	20.8%	—	16.4%	—
Tata Capital LimitedTATACAPTATACAP	₹1,35,540 Cr	₹3,71,517 Cr	₹32,695 Cr	₹24,219 Cr	73.2%	₹5,404 Cr	15.5%	—	13.3%	—
Cholamandalam Investment And Finance Company LimitedCHOLAFINCHOLAFIN	₹1,33,352 Cr	₹3,45,452 Cr	₹32,663 Cr	₹22,399 Cr	68.2%	₹5,751 Cr	16.8%	—	19.3%	—
Muthoot Finance LimitedMUTHOOTFINMUTHOOTFIN	₹1,08,289 Cr	₹2,60,075 Cr	₹33,431 Cr	₹27,558 Cr	81.4%	₹11,373 Cr	34%	—	30.9%	—
L&T Finance LimitedLTFLTF	₹66,238 Cr	₹1,76,126 Cr	₹18,928 Cr	₹11,603 Cr	61.1%	₹3,226 Cr	16.7%	—	11.2%	—
Sbi Cards And Payment Services LimitedSBICARDSBICARD	₹53,594 Cr	₹97,658 Cr	₹20,063 Cr	₹5,374 Cr	26.7%	₹2,275 Cr	10.9%	—	14.7%	—
Hdb Financial Services LimitedHDBFSHDBFS	₹51,335 Cr	₹1,38,733 Cr	₹16,300 Cr	₹9,318 Cr	57.2%	₹2,176 Cr	13.4%	—	14.7%	—
Sundaram Finance LimitedSUNDARMFINSUNDARMFIN	₹48,838 Cr	₹1,18,475 Cr	₹10,104 Cr	₹7,957 Cr	78.3%	₹2,220 Cr	21%	—	14.7%	—
Piramal Finance LimitedPIRAMALFINPIRAMALFIN	₹45,868 Cr	₹1,25,857 Cr	₹11,852 Cr	₹7,051 Cr	59.5%	₹1,504 Cr	12.7%	—	5.3%	—
Authum Investment & Infrastructure LimitedAIILAIIL	₹45,797 Cr	₹49,133 Cr	₹2,863 Cr	₹2,451 Cr	88.2%	₹3,582 Cr	74%	—	13.1%	—
Mahindra & Mahindra Financial Services LimitedM&MFINM&MFIN	₹44,445 Cr	₹1,72,816 Cr	₹21,733 Cr	₹13,785 Cr	62.5%	₹3,253 Cr	13.6%	—	11.9%	—
Poonawalla Fincorp LimitedPOONAWALLAPOONAWALLA	₹38,161 Cr	₹86,259 Cr	₹7,813 Cr	₹4,291 Cr	52.7%	₹787 Cr	8%	—	5.9%	—

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	18	44	41	58	53	50	55	66	82	97
Interest	6	15	18	28	24	20	18	23	29	32
Expenses	9	18	15	19	20	18	24	25	32	46
Financing profit	4	11	8	11	10	12	13	18	21	19
Financing margin %	21.9%	24.2%	20.4%	18.5%	18%	24.1%	24.5%	27.5%	25.1%	19.6%
Other income	0	0	0	0	1	0	1	0	1	2
Depreciation	—	—	0	0	—	—	0	0	3	1
Exceptional items	—	—	—	—	10	12	0	0	0	0
Profit before tax	4	11	8	11	10	12	14	18	18	20
Tax	1	4	3	3	3	3	4	5	5	5
Tax %	29.9%	35%	31.4%	27.4%	27.3%	27.7%	25.8%	28.6%	25.9%	25.4%
PAT	3	7	6	8	7	9	10	13	13	15
EPS (₹)	4.9	7.5	5.6	7.8	—	—	1	1.1	1.1	1.2
EPS adjusted (₹)	—	—	—	—	0.6	0.7	0.9	1.1	1.1	1
	0%	13.4%	17.8%	12.9%	—	—	10.3%	9.3%	8.9%	8.7%
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	12	12	24	24	24	31
Reserves	126	134	131	143	155	202
	164	160	171	242	255	285
	15	12	15	17	20	21
Total equity & liabilities	317	318	341	426	454	539
	1	1	1	4	5	6
CWIP	—	—	0	0	0	0
Investments	3	9	6	5	10	16
	312	308	333	417	439	517
Total assets	317	318	341	426	454	539

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	50	34	6	-22	2	-33
	0	-6	3	-2	-6	-8
	-49	-24	-8	47	-17	37
Net cash flow	2	4	0	24	-21	-4
Free cash flow	50	34	5	-25	0	-35
CFO / Operating profit %	149.8%	107.5%	17.8%	-52.8%	3.9%	-65.2%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	97.2%	93.2%	85.2%	83.1%
EBITDA margin %	64.4%	67.4%	63%	63.4%	56.7%	62.5%	60.9%	52.5%
EBIT margin %	63.8%	66.7%	63%	63.4%	56.1%	61.8%	57.2%	51.5%
PAT margin %	13.9%	13.5%	14%	17.6%	18.9%	19.6%	16.4%	15.4%
Working capital
Receivable days	—	—	74	51	—	—	—	—
Inventory days	—	—	2	2	9	37	31	4
Payable days	—	—	—	—	—	—	—	—
NWC days	—	—	—	—	—	—	—	—
Leverage
Current ratio	—	—	—	—	—	—	—	—
Debt to EBITDA	—	—	4.86	5.05	5.49	5.87	5.11	5.59
Debt to equity	—	—	1.19	1.1	1.1	1.45	1.43	1.23
Interest coverage	1.5	1.4	1.4	1.6	1.8	1.8	1.6	1.6
Asset turnover	—	—	0.17	0.16	0.16	0.15	0.18	0.18
Return ratios
Return on assets %	—	—	2.4%	2.8%	3%	3%	3%	2.8%
Return on capital employed %	—	—	—	—	—	—	—	—
Return on equity %	—	—	5.4%	6%	6.7%	7.7%	7.5%	6.4%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	34.8%	34.8%	34.8%	34.98%	35.41%	36.25%	36.25%	36.25%	36.25%	45.71%	47.39%	47.39%
	0%	0%	0.03%	0.03%	0.04%	0.01%	0.28%	0.29%	0.26%	0.21%	0.2%	0.19%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	65.2%	65.2%	65.17%	64.99%	64.55%	63.74%	63.47%	63.46%	63.49%	54.08%	52.41%	52.42%
No. of shareholders	—	—	—	—	—	—	—	—	23,492	23,164	23,260	22,797

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Baid Finserv Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

39 announcementsExport CSV

30 Sept 2026, 3:36 pmCompany Update

Announcement under Regulation 30 (LODR)-Credit Rating

Credit Rating PDF

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Ratio	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	97.2%	93.2%	85.2%	83.1%
EBITDA margin %	64.4%	67.4%	63%	63.4%	56.7%	62.5%	60.9%	52.5%
EBIT margin %	63.8%	66.7%	63%	63.4%	56.1%	61.8%	57.2%	51.5%
PAT margin %	13.9%	13.5%	14%	17.6%	18.9%	19.6%	16.4%	15.4%
Working capital
Receivable days	—	—	74	51	—	—	—	—
Inventory days	—	—	2	2	9	37	31	4
Payable days	—	—	—	—	—	—	—	—
NWC days	—	—	—	—	—	—	—	—
Leverage
Current ratio	—	—	—	—	—	—	—	—
Debt to EBITDA	—	—	4.86	5.05	5.49	5.87	5.11	5.59
Debt to equity	—	—	1.19	1.1	1.1	1.45	1.43	1.23
Interest coverage	1.5	1.4	1.4	1.6	1.8	1.8	1.6	1.6
Asset turnover	—	—	0.17	0.16	0.16	0.15	0.18	0.18
Return ratios
Return on assets %	—	—	2.4%	2.8%	3%	3%	3%	2.8%
Return on capital employed %	—	—	—	—	—	—	—	—
Return on equity %	—	—	5.4%	6%	6.7%	7.7%	7.5%	6.4%

48 deals · 3 Jul 2023 – 21 Feb 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
21 Feb 2025	DREAM REALMART PRIVATE LIMITED	Bulk	NSE	Buy	13,25,000	₹11.25	₹1.49 Cr
21 Feb 2025	DREAM PRIME DEVELOPERS PRIVATE LIMITED	Bulk	NSE	Sell	13,25,000	₹11.25	₹1.49 Cr
29 Jan 2025	HARDIK JAWAHARBHAI MEHTA	Bulk	NSE	Sell	7,50,000	₹13.16	₹0.99 Cr
13 Jan 2025	RAJEV GUPTA	Bulk	NSE	Buy	12,01,000	₹13.30	₹1.60 Cr
8 Jan 2025	NIRAJ RAJNIKANT SHAH	Bulk	NSE	Sell	8,22,911	₹14.30	₹1.18 Cr
7 Jan 2025	NIRAJ RAJNIKANT SHAH	Bulk	NSE	Sell	9,00,000	₹14.69	₹1.32 Cr
3 Jan 2025	SUSHILA	Bulk	NSE	Sell	8,42,835	₹14.88	₹1.25 Cr
3 Jan 2025	SUSHILA	Bulk	NSE	Buy	8,23,573	₹15.77	₹1.30 Cr
2 Jan 2025	BHATIA NIKHIL MURLIDHAR	Bulk	NSE	Sell	6,25,000	₹15.51	₹0.97 Cr
2 Jan 2025	BHATIA NIKHIL MURLIDHAR	Bulk	NSE	Buy	6,25,000	₹16.49	₹1.03 Cr

1–10 of 48

1 / 5

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Date	Category	Subject	Filing
30 Sept 2026, 3:36 pm	Company Update Credit Rating	Announcement under Regulation 30 (LODR)-Credit Rating	PDF
8 Sept 2026, 11:22 am	Company Update General	Report On Special Window For Re-Lodgement Of Transfer Requests Of Physical Shares Of Baid Finserv Limited.	PDF
27 Aug 2026, 4:10 pm	Company Update General	Submission Of Certificate Received From Statutory Auditor In Terms Of Regulation 169(5) Of The Securities And Exchange Board Of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018 ('ICDR Regulations')	PDF
27 Aug 2026, 1:09 pm	Insider Trading / SAST Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	PDF
27 Aug 2026, 12:57 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
26 Aug 2026, 12:47 pm	Company Update General	Letter Dispatched To Those Members Whose E-Mail Addresses Are Not Registered.	PDF
26 Aug 2026, 12:45 pm	AGM/EGM AGM	Notice Of 35Th AGM Of The Company.	PDF
26 Aug 2026, 12:42 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF

Baid Finserv Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

11

1

1

Compounded sales growth

Compounded profit growth

Return on equity

Baid Finserv Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Quarterly record

Annual reports

Credit ratings

Dividends11

Board meetings1

Stock splits1

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

11

1

1