| Scrip code | 511724 |
|---|---|
| NSE Symbol | BAIDFIN |
| MSEI Symbol | NOTLISTED |
| ISIN | INE020D01022 |
| Name of company | BAID FINSERV LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 13-08-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 04-08-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Single segment |
| Description of single segment | The Company is primarily engaged in the business of lending and related financial services. All other activities of the Company revolve around its main business. As such, there are no separate reportable operating segments as per IND AS 108- Operating Segments. |
| Start date and time of board meeting | 13-08-2026 16:00:00 |
| End date and time of board meeting | 13-08-2026 17:10:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | Yes |
| No. of times funds raised during the quarter | 1 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| There is no default on Loans and Debt Securities during the reporting quarter | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | |||
| (i) | Interest Income | 2,155.32 | 2,155.32 |
| (ii) | Dividend Income | 0.00 | 0.00 |
| (iii) | Rental Income | 0.66 | 0.66 |
| (iv) | Fees and commission Income | 8.33 | 8.33 |
| (v) | Net gain on fair value changes | 0.00 | 0.00 |
| (vi) | Net gain on derecognition of financial instruments under amortised cost category | 0.00 | 0.00 |
| (vii) | Sale of products (including Excise Duty) | 0.00 | 0.00 |
| (viii) | Sale of services | 0.00 | 0.00 |
| (ix) | Other revenue from operations | ||
| 1 | Other Operating Revenue | 0.34 | 0.34 |
| Total other revenue from operations | 0.34 | 0.34 | |
| Total Revenue From Operations | 2,164.65 | 2,164.65 | |
| Other income | 40.55 | 40.55 | |
| Total income | 2,205.20 | 2,205.20 | |
| 2 | Expenses | ||
| Cost of materials consumed | 0.00 | 0.00 | |
| Purchases of stock-in-trade | 0.00 | 0.00 | |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | (1.54) | (1.54) | |
| Employee benefit expense | 237.11 | 237.11 | |
| Finance costs | 793.77 | 793.77 | |
| Depreciation, depletion and amortisation expense | 23.19 | 23.19 | |
| Fees and commission expense | 85.62 | 85.62 | |
| Net loss on fair value changes | 0.00 | 0.00 | |
| Net loss on derecognition of financial instruments under amortised cost category | 0.00 | 0.00 | |
| Impairment on financial instruments | 285.11 | 285.11 | |
| (f) | Other expenses | ||
| 1 | Other Expenses | 201.40 | 201.40 |
| Total other expenses | 201.40 | 201.40 | |
| Total expenses | 1,624.66 | 1,624.66 | |
| 3 | Total profit before exceptional items and tax | 580.54 | 580.54 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 580.54 | 580.54 |
| 7 | Tax expense | ||
| 8 | Current tax | 146.12 | 146.12 |
| 9 | Deferred tax | 0.00 | 0.00 |
| 10 | Total tax expenses | 146.12 | 146.12 |
| 11 | Net Profit Loss for the period from continuing operations | 434.42 | 434.42 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 17 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 14 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 15 | Total profit (loss) for period | 434.42 | 434.42 |
| 16 | Other comprehensive income net of taxes | 0.00 | 0.00 |
| 17 | Total Comprehensive Income for the period | 434.42 | 434.42 |
| 18 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 19 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 20 | Details of equity share capital | ||
| Paid-up equity share capital | 3,097.76 | 3,097.76 | |
| Face value of equity share capital | 2 | 2 | |
| 21 | Reserves excluding revaluation reserve | ||
| 22 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings per share from continuing operations | 0.28 | 0.28 | |
| Diluted earnings per share from continuing operations | 0.27 | 0.27 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings per share from discontinued operations | 0 | 0 | |
| Diluted earnings per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings per share | 0.28 | 0.28 | |
| Diluted earnings per share | 0.27 | 0.27 | |
| 23 | Debt equity ratio | 1.2200 | 1.2200 |
| 24 | Debt service coverage ratio | 4.1500 | 4.1500 |
| 25 | Interest service coverage ratio | 1.6700 | 1.6700 |
| 26 | Disclosure of notes on financial results | Textual Information(1) | |
| 23 | Debt equity ratio | |
|---|---|---|
| 24 | Debt service coverage ratio | |
| 25 | Interest service coverage ratio |
| Textual Information(1) | Explanatory notes to the Statement of Standalone Unaudited Financial Results for the Quarter ended June 30, 2026 1. The unaudited standalone financial results of the Company have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard (referred to as 'Ind AS') - 34. lnterim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 (the 'Act') read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (the 'Listing Regulations'). Any application guidance/ clarifications/ directions issued by Reserve Bank of India ('RBI') or other regulators are implemented as and when they are issued/ applicable. 2. The above results have been reviewed by the Audit Committee and subsequently approved by the Board of Directors at their respective meetings held on August 13, 2026 subjected to the Limited Review by the Statutory Auditors of the Company pursuant to Regulation 33 of Listing Regulations as amended. 3. The EPS has been computed in accordance with the Indian Accounting Standard. 4. The Reserve Bank of India has issued the Reserve Bank of India (Non-Banking Financial Companies – Registration, Exemptions and Framework for Scale Based Regulation) Directions, 2025 circular no. RBI/DOR/2025-26/339 DOR.FIN.REC.No.258/03.10.119/2025-26 dated November 28, 2025. The Framework categorizes NBFCs in Base layer (NBFC-BL), Middle Layer (NBFC-ML) , UpperLayer,( NBFC-UL) and Top Layer (NBFC-TL). The Company is classified under Base Layer pursuant to the framework. 5. The Company is primarily engaged in the business of lending and related financial services. All other activities of the Company revolve around its main business. As such, there are no separate reportable operating segments as per IND AS 108- Operating Segments. 6. In terms of requirement as per RBI notification no RBI/2019-20/170 DOR(NBFC).CC.PD.NO.109/22.10.106/2019-20 dated March 13, 2020 on implementation of Accounting Standards, Non-Banking Financial Companies (NBFCS') are required to create an impairment reserve for any shortfal impairment allowances under lnd AS 109 and lncome Recognition Asset Classfication and Provisioning ('IRACP') norms including provision on standard assets). The impairment alowances under lnd AS 109 made by Company exceeds the total provision required under IRACP (induding standard assets provisioning), as at 31 December 2025 and accordingly, no amount is required to transfened to impairment reserve. 7. Disclosures pertaining to RBI Direction - RBI/DOR/2025-26/359 DOR.ACC.REC.No.278/21.04.018/2025-26 - Reserve Bank of India (Non-Banking Financial Companies — Financial Statements: Presentation and Disclosures) Directions, 2025 dated November 28, 2025 as amended (a) Read with RBI Direction - RBI/DOR/2025-26/352DOR.STR.REC.271/21.04.048 /2025-26 - Reserve Bank of India (Non-Banking Financial Companies - Transfer and Distribution of Credit Risk) Directions, 2025 dated November 28, 2025: (i) The Company has not transferred any stressed assets through assignment during the quarter ended on June 30, 2026. (ii) The company has not acquired any stressed assets through assignment during the quarter ended on June 30, 2026. (iii) The Company has not transferred any loans (not in default) through assignment during the quarter ended on June 30, 2026 (iv) The Company has not acquired loans (not in default) through assignment during the quarter ended on June 30, 2026 (v) Disclosure on Co-Lending Arrangements/CLAs) wherein the Company is Partner RE in accordance with RBI notification- RBI/DOR/2025-26/352 (a) Co-Lending as Partner RE Particulars Quarter ended June 30, 2026 (Rs. In Lakhs) Number of CLAs 2 Weighted average rate of interest 15.79% (per annum) Fees charged/ paid (Rs. in lakhs) - Broad sector in which CLA was made Gold Loan Performance of loans under CLA ( Rs. in lakhs) Total Disbursement till June 30, 2026 2704.40 Outstanding* on above Disbursement as on June 30, 2026 2009.69 Write Off done till June 30, 2026 NIL Net NPA as on June 30, 2026 NIL Details related to default loss guarantee 5% * Outstanding as on June 30, 2026 is net of provisions (b) The Company has not undertaken any Co-lending arrangements with Banks or NBFCs wherein the Company is Originating RE in accordance with RBI notification - RBI/DOR/2025-26/352 DOR.STR.REC.271/21.04.048/ 2025/26 dated November 28, 2025 (effective January 01, 2026); amended for during the quarter ended June 30, 2026. Read with RBI Direction - RBI/ DOR/2025-26/357 DOR.STR.REC.276/21.04.048/2025-26 Reserve Bank of India (Non-Banking Financial Companies - Resolution of Stressed Assets) Directions, 2025 and RBI / DOR/ 2025-26/347 DOR.CRE.REC.No.266/ 07-01-0 08/ 2025-26 - Reserve Bank of India (NonBanking Financial Companies-Credit Facilities) Directions, 2025 dated 28 November 2025. as amended : The Company has not lent any funds during the quarter ended June 30, 2026 for project finance activities nor has any recoverable balance as at the same date. 8. The Board of Directors at their meeting held on August 13, 2026 recommended a Final Dividend of Re. 0.10 /- (5% of Equity Share of Rs. 2 each) on 15,48,88,107/- shares of the Company for the financial year 2025-26, subject to approval of shareholders of the Company. 9. Previous year/period figures have been regrouped/rearranged/reclassified, wherever considered necessary, to make them comparable. 10. The Company does not have any subsidiary/associate/joint venture company{ies), as on June 30, 2026. 11. The above financial results are available on the website of the National Stock Exchange of Ltd. (www.nseindia.com) and BSE Limited (www.bseindia.com) and on the website of the company www.baidfinserv.com |
|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| Whether results are audited or unaudited | Unaudited | Unaudited | |
| Nature of report standalone or consolidated | Standalone | Standalone | |
| 1 | Segment Revenue (Income) | ||
| (net sale/income from each segment should be disclosed) | |||
| Total Segment Revenue | |||
| Less: Inter segment revenue | |||
| Revenue from operations | |||
| 2 | Segment Result | ||
| Profit (+) / Loss (-) before tax and interest from each segment | |||
| Total Profit before tax | |||
| i. Finance cost | |||
| ii. Other Unallocable Expenditure net off Unallocable income | |||
| Profit before tax | |||
| 3 | (Segment Asset - Segment Liabilities) | ||
| Segment Asset | |||
| Total Segment Asset | |||
| Un-allocable Assets | |||
| Net Segment Asset | |||
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| Total Segment Liabilities | |||
| Un-allocable Liabilities | |||
| Net Segment Liabilities | |||
| Disclosure of notes on segments | |||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| Total Amount of items that will not be reclassified to profit and loss | |||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 0.00 | 0.00 |
| Whether results are audited or unaudited | Unaudited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | ABSM & Associates. | Yes | 31-03-2027 | ||
|---|---|---|---|---|---|
| Mode of Fund Raising | Preferential Issues |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 09-04-2025 |
| Amount Raised | 1,813.03 |
| Report filed for Quarter ended | 30-06-2026 |
| Monitoring Agency | Not Applicable |
| Monitoring Agency Name, if applicable | |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | |
| Comments of the Audit Committee after review | |
| Comments of the auditors, if any |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | To meet working capital requirements of the Company. Reduction of working capital borrowings, term loan repayment or/and any other outstanding debt. General corporate purposes, subject to such limit and in terms prescribed by applicable laws. | NA | 1,813.03 | 0.00 | 997.17 | 0.00 | The Company has raised funds aggregating to INR 1,813.03 Lakhs through the issuance of 1,20,06,831 share warrants. As per the terms of the issue, 25% of the issue price, amounting to INR 453.26 Lakhs (INR 3.775 per warrant), was received as upfront subscription money on April 09, 2025. The said amount of INR 453.26 Lakhs was fully utilized during the quarter ended June 30, 2025. During the quarter ended on March 31, 2026, the Company has received the balance 75% of the issue price amounting to INR 543.91 Lakhs (INR 11.325 per warrant) from 2 (Two) warrant holders i.e. Dream Realmart Private Limited and Niranjana Properties Private Limited pursuant to exercise of warrants into equity shares. The balance 75% of the issue price, amounting to INR 815.86 Lakhs (INR 11.325 per warrant), shall be received as and when the warrant holders exercise their option to convert the warrants into equity shares, within a period of 18 months from the date of allotment, in accordance with the terms of the issue. The amount disclosed under “funds utilized” pertains to the quarter ended June 30, 2025 and March 31, 2026. |
| Name of signatory | Panna Lal Baid |
| Designation of person | Managing Director |
| Place | Jaipur |
| Date | 13-08-2026 |