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5117242025-12-31

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5117242025-10-012025-12-31

Statement1

5117242025-12-31

Statement2

5117242025-10-012025-12-31

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5117242025-12-31

StatementDynamic1I1

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5117242025-12-31

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5117242025-12-31

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5117242025-12-31

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5117242025-12-31

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iso4217:INRxbrli:pureiso4217:INRxbrli:shares

511724

BAIDFIN

NOTLISTED

INE020D01022

BAID FINSERV LIMITED

Main Board

Equity

2025-04-01

2026-03-31

2026-02-10

2026-01-31

INR

Lakhs

Quarterly

Third quarter

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.

2026-02-10

13:00:00

2026-02-10

14:15:00

Declaration of unmodified opinion

true

false

There is no default on Loans and Debt Securities during the reporting quarter.

2025-10-01

2025-12-31

Unaudited

Standalone

200220000

63000

5964000

40041000

246288000

10960000

257248000

38610000

25769000

81830000

2497000

8408000

11998000

23562000

192674000

64574000

17068000

47506000

300171000

0.37

0.0124

0.0038

0.0177

Explanatory notes to the Statement of Standalone Unaudited Financial Results for the Quarter and Nine Months ended December 31, 2025. 1. The above Un-audited Financial Results of the Company have been prepared in accordance with Indian Accounting Standards ('Ind AS') notified under the Companies (Indian Accounting Standards) Rules, 2015 as amended by the Companies (Indian Accounting Standards) Rules, 2016, prescribed under Section 133 of the Companies Act 2013 ('the Act') read with relevant rules issued thereunder and the other accounting principles generally accepted in India. Any application guidance / clarifications / directions issued by the Reserve Bank of India, Ministry of Corporate Affairs or other regulators are implemented as and when they are issued / applicable. 2. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on February 10, 2026. 3. The Statutory Auditors of the Company have carried out Limited Review of the above results for the quarter and nine months ended on December 31, 2025 in compliance with Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. 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 EPS has been computed in accordance with the Indian Accounting Standard. 6. Provision for income-tax has been made in accordance with the Ind AS-12. 7. 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. 8. 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. 9. 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: i. 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. (a) Details of stressed assets transferred through assignment during the quarter and nine months ended on December 31, 2025 (Rupees in Lakhs). No. of accounts for Quarter ended December 31, 2025: NIL Aggregate principal outstanding of loans transferred: NIL Weighted average residual tenor of the loans transferred: NIL Net book value of loans transferred (at the time of transfer): NIL Aggregate consideration: NIL Additional consideration realized in respect of accounts transferred in earlier years: NIL Quantum of excess provisions reversed to the profit and loss account on account of sale of stressed loans: NIL No. of accounts for Nine months period ended December 31, 2025: 275 Aggregate principal outstanding of loans transferred for Nine months period ended December 31, 2025: Rs. 937.69 Weighted average residual tenor of the loans transferred for Nine months period ended December 31, 2025: 26 Months Net book value of loans transferred (at the time of transfer) for Nine months period ended December 31, 2025: Rs. 825.17 Aggregate consideration for Nine months period ended December 31, 2025: Rs. 750.16 Additional consideration realized in respect of accounts transferred in earlier years for Nine months period ended December 31, 2025: NIL Quantum of excess provisions reversed to the profit and loss account on account of sale of stressed loans for Nine months period ended December 31, 2025: Rs. 112.52 (b) The company has not acquired any stressed assets through assignment during the quarter and nine months ended on December 31, 2025. (c) The Company has not transferred any loans (not in default) through assignment during the quarter and nine months ended on December 31, 2025 (d) The Company has acquired loans (not in default) through assignment during the quarter and nine months ended on December 31, 2025 (Rupees in Lakhs) Count of loans accounts acquired for Quarter ended December 31, 2025: 77 Amount of loan accounts acquired for Quarter ended December 31, 2025: Rs. 226.01 Weighted average maturity (in months) for Quarter ended December 31, 2025: 55 Month Weighted average holding period (in months) for Quarter ended December 31, 2025: 7 Month Retention of beneficial economic interest by the acquirer (%) for Quarter ended December 31, 2025: 90% Coverage of tangible security for Quarter ended December 31, 2025: NA Rating-wise distribution of rated loans for Quarter ended December 31, 2025: Not Rated Count of loans accounts acquired for Nine months period ended December 31, 2025: 152 Amount of loan accounts acquired for Nine months period ended December 31, 2025: Rs. 421.76 Weighted average maturity (in months) for Nine months period ended December 31, 2025: 60 Month Weighted average holding period (in months) for Nine months period ended December 31, 2025: 10 Month Retention of beneficial economic interest by the acquirer (%) for Nine months period ended December 31, 2025: 90% Coverage of tangible security for Nine months period ended December 31, 2025: NA Rating-wise distribution of rated loans for Nine months period ended December 31, 2025: Not Rated ii) Read with RBI Direction - RBUDOR/2025-26/347DOR.CRE.REC.266/07-01-008/2025-26 - Reserve Bank of India (Non-Banking Financial Companies— Credit Facilities) Directions, 2025 dated November 28, 2025. a) The Company has not lent any funds during the quarter ended December 31, 2025 for project finance activities nor has any recoverable balance as at the same date. 10. Pursuant to a Rights Issue, the Company allotted 3,00,17,075 Equity Shares on December 08, 2025. Consequently, the Issued, Subscribed and Paid-up Share Capital of the Company increased to Rs. 30,01,70,750/- comprising 15,00,85,375 Equity Shares of Rs.2/- each, with effect from December 08, 2025. 11. The Company does not have any subsidiary/associate/joint venture company{ies), as on December 31, 2025. 12. Previous year/period figures have been regrouped/rearranged/reclassified, wherever considered necessary, to make them comparable. 13. The above financial results are available on the website of Stock Exchanges i.e. National Stock Exchange of India Limited at www.nseindia.com and BSE Limited at www.bseindia.com and on the website of the company at www.baidfinserv.com.

2025-04-01

2025-12-31

Unaudited

Standalone

582215000

10000

189000

15953000

124142000

722509000

13626000

736135000

122271000

73367000

241580000

6942000

26649000

23185000

63076000

557070000

179065000

45886000

133179000

300171000

1.08

0.0124

0.0148

0.0177

Other Expenses

23562000

Other Expenses

63076000

Unaudited

true

ABSM AND ASSOCIATES

true

2027-03-31

Preferential Issues

2025-04-09

181303000

2025-12-31

false

Panna Lal Baid

Managing Director

Jaipur

2026-02-10

Rights Issues

2025-12-08

300171000

2025-12-31

true

Care Ratings Limited

false

• 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.

181303000

45326000

Note: 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 current quarter under review, the Company has not received any additional proceeds from the warrant holders. Accordingly, no utilization of funds has been made during the current quarter. The balance 75% of the issue price, amounting to INR 1,359.77 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. During the current quarter under review, no amount was received from the warrant holders and, accordingly, no funds were utilized.

Augmentation of capital base of our company and resources for meeting funding requirements for our company’s business activities including onward lending

180000000

179673000

Note: Out of total proceeds of Rs. 1800.00 lakhs proposed for augmentation of tier I capital base of the company, Rs. 1796.73 lakhs have been utilized during Q3FY26. (99.83% of the total allocated proceeds for the object)

Repayment and/or prepayment, in full or in part, of certain identified borrowings availed by the company from banks and financial institutions

100000000

47608000

Note: Out of Rs. 1000.00 lakhs allocated for debt repayment/prepayment, the company has utilised Rs. 476.08 lakhs (47.60%) during Q3FY26. Remaining amount is yet to be utilised.

General corporate purposes

15946000

Note: No utilization towards GCP during the quarter.

Issue related expenses

4225000

3313000

Note: Issue expenses aggregating to Rs. 33.13 Lakhs have been incurred in Q3FY2026, as certified by statutory auditor and Remaining balance of Rs. 9.12 lakhs is yet to be incurred