5117242026-01-012026-03-315117242026-03-315117242025-03-315117242025-04-012026-03-315117242026-01-012026-03-31in-capmkt:OtherRevenueFromOperations1Member5117242025-04-012026-03-31in-capmkt:OtherRevenueFromOperations1Member5117242026-01-012026-03-31in-capmkt:OtherExpenses1Member5117242025-04-012026-03-31in-capmkt:OtherExpenses1Member5117242026-03-31

OtherFinancialAssetsDomain1

5117242026-03-31

OtherNonFinancialAssetsDomain1

5117242026-03-31

OtherFinancialLiabilitiesDomain1

5117242026-03-31

OtherNonFinancialLiabilitiesDomain1

5117242026-01-012026-03-31

RelatedPartyTransactionDomain1

5117242025-12-31

RelatedPartyTransactionDomain1

5117242026-03-31

RelatedPartyTransactionDomain1

5117242026-01-012026-03-31

RelatedPartyTransactionDomain2

5117242025-12-31

RelatedPartyTransactionDomain2

5117242026-03-31

RelatedPartyTransactionDomain2

5117242026-01-012026-03-31

RelatedPartyTransactionDomain3

5117242025-12-31

RelatedPartyTransactionDomain3

5117242026-03-31

RelatedPartyTransactionDomain3

5117242026-01-012026-03-31

RelatedPartyTransactionDomain4

5117242025-12-31

RelatedPartyTransactionDomain4

5117242026-03-31

RelatedPartyTransactionDomain4

5117242026-01-012026-03-31

RelatedPartyTransactionDomain5

5117242025-12-31

RelatedPartyTransactionDomain5

5117242026-03-31

RelatedPartyTransactionDomain5

5117242026-01-012026-03-31

RelatedPartyTransactionDomain6

5117242025-12-31

RelatedPartyTransactionDomain6

5117242026-03-31

RelatedPartyTransactionDomain6

5117242026-01-012026-03-31

RelatedPartyTransactionDomain7

5117242025-12-31

RelatedPartyTransactionDomain7

5117242026-03-31

RelatedPartyTransactionDomain7

5117242026-01-012026-03-31

RelatedPartyTransactionDomain8

5117242025-12-31

RelatedPartyTransactionDomain8

5117242026-03-31

RelatedPartyTransactionDomain8

5117242026-01-012026-03-31

RelatedPartyTransactionDomain9

5117242025-12-31

RelatedPartyTransactionDomain9

5117242026-03-31

RelatedPartyTransactionDomain9

5117242026-01-012026-03-31

AuditorDomain1

5117242026-03-31

Statement1

5117242026-01-012026-03-31

Statement1

5117242026-03-31

Statement2

5117242026-01-012026-03-31

Statement2

5117242026-03-31

StatementDynamic1I1

Statement1

5117242026-03-31

StatementDynamic2I1

Statement2

5117242026-03-31

StatementDynamic2I2

Statement2

5117242026-03-31

StatementDynamic2I3

Statement2

5117242026-03-31

StatementDynamic2I4

Statement2

iso4217:INRxbrli:pureiso4217:INRxbrli:shares

511724

BAIDFIN

NOTLISTED

INE020D01022

BAID FINSERV LIMITED

Main Board

Equity

2025-04-01

2026-03-31

2026-05-15

2026-05-07

INR

Lakhs

Quarterly

Fourth 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.

2026-05-15

16:00:00

2026-05-15

18:50:00

true

Cash Flow Indirect

Declaration of unmodified opinion

true

false

true

2026-02-10

https://www.baidfinserv.com/wp-content/uploads/2026/04/NewFolder/3.%20POLICY-FOR-Materility-of-RPT.pdf?_t=1777463672

true

false

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

2026-01-01

2026-03-31

Audited

Standalone

203218000

7000

63000

4608000

42253000

250149000

5594000

255743000

42352000

27733000

78099000

2418000

7581000

54100000

21795000

234078000

21665000

5453000

-358000

5095000

16570000

309776000

0.07

0.0123

0.0031

0.0129

Statement of Standalone Audited Financial Results for the Quarter and Year ended March 31, 2026. 1. The above 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. Statement of Assets and Liabilities –Details of assets and liabilities are already provided in XBRL. 3. Statement of Cash Flows- Details of Statement of Cash Flows are already provided in XBRL. 4. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 15, 2026. 5. The above Financial Results for Quarter and Year ended March 31, 2026 have been audited by the Statutory Auditors of the Company and the Statutory Auditors have expressed an unmodified opinion. 6. 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. 7. The EPS has been computed in accordance with the Indian Accounting Standard. 8. The figures for the quarter ended March 31, 2026 and March 31, 2025 are the balancing figures between audited figures in respect of the full financial year and the published year to date figures up to the end of third quarter of the current and previous financial year which was subject to limited review by the Statutory Auditors. 9. Provision for income-tax has been made in accordance with the Ind AS-12. 10. 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. 11. 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 shortfall impairment allowances under lnd AS 109 and lncome Recognition Asset Classification and Provisioning ('IRACP') norms including provision on standard assets). The impairment allowances under lnd AS 109 made by Company exceeds the total provision required under IRACP (including standard assets provisioning), as at 31 March 2026 and accordingly, no amount is required to transferred to impairment reserve. 12. Disclosure pursuant to RBI Notification - RBl / 2020-21/16 DOR.No.BP.BC/3/21.04.048/2020-21 dated 6 August 2020 and RBI Circular no. RBI/2021-22/31 DOR.STR.REC.11/21.04.048/2021-22 dated 5 May 2021 (Resolution of COVID-19 related stress of individuals and Small Businesses) (a) Format B: For the Half Year ended March 31, 2026 Personal Loans: NIL Corporate Loans: NIL Of which MSMEs: NIL Others: NIL Total: NIL 13. 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 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 dated November 28, 2025: (a) Details of stressed assets transferred through assignment during the quarter and year ended on March 31, 2026. No. of accounts during the quarter ended on March 31, 2026: NIL No. of accounts during the year ended on March 31, 2026: 275 Aggregate principal outstanding of loans transferred during the quarter ended on March 31, 2026: NIL Aggregate principal outstanding of loans transferred during the year ended on March 31, 2026: Rs. 937.69 Lakh Weighted average residual tenor of the loans transferred during the quarter ended on March 31, 2026: NIL Weighted average residual tenor of the loans transferred during the year ended on March 31, 2026: 26 months Net book value of loans transferred (at the time of transfer) during the quarter ended on March 31, 2026: NIL Net book value of loans transferred (at the time of transfer) during the year ended on March 31, 2026: Rs. 825.17 Lakh Aggregate consideration during the quarter ended on March 31, 2026: NIL Aggregate consideration during the year ended on March 31, 2026: Rs. 750.16 Lakh Additional consideration realized in respect of accounts transferred in earlier years during the quarter ended on March 31, 2026: NIL Additional consideration realized in respect of accounts transferred in earlier years during the year ended on March 31, 2026: NIL Quantum of excess provisions reversed to the profit and loss account on account of sale of stressed loans during the quarter ended on March 31, 2026: NIL Quantum of excess provisions reversed to the profit and loss account on account of sale of stressed loans during the year ended on March 31, 2026: Rs. 112.52 Lakh (b) The company has not acquired any stressed assets through assignment during the quarter and year ended on March 31, 2026. (c) The Company has not transferred any loans (not in default) through assignment during the quarter and year ended on March 31, 2026 (d) The Company has acquired loans (not in default) through assignment during the quarter and year ended on March 31, 2026 Count of loans accounts acquired during the quarter ended on March 31, 2026: 77 Count of loans accounts acquired during the year ended on March 31, 2026: 152 Amount of loan accounts acquired (Rs. In lakhs) during the quarter ended on March 31, 2026: Rs. 226.01 Lakh Amount of loan accounts acquired (Rs. In lakhs) during the year ended on March 31, 2026: Rs. 421.76 lakhs Weighted average maturity (in months) during the quarter ended on March 31, 2026: 55 Month Weighted average maturity (in months) during the year ended on March 31, 2026: 60 Month Weighted average holding period (in months) during the quarter ended on March 31, 2026: 7 Month Weighted average holding period (in months) during the year ended on March 31, 2026: 10 Month Retention of beneficial economic interest by the acquirer (%) during the quarter ended on March 31, 2026: 90.00% Retention of beneficial economic interest by the acquirer (%) during the year ended on March 31, 2026: 90.00% Coverage of tangible security during the quarter ended on March 31, 2026: NA Coverage of tangible security during the year ended on March 31, 2026: NA Rating-wise distribution of rated loans during the quarter ended on March 31, 2026: Not Rated Rating-wise distribution of rated loans during the year ended on March 31, 2026: Not Rated (e) Disclosure on Co-Lending Arrangements/CLAs) wherein the Company is Partner 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 during the quarter ended March 31 2026 (i) Co-Lending as Partner RE Co-Lending Arrangement during the quarter and year ended on March 31, 2026- Number of CLAs: 2 Weighted average rate of interest (per annum): 15.75% Fees charged/ paid (Rs. in lakhs): Nil Broad sector in which CLA was made: Gold Performance of loans under CLA (Rs. in lakhs) Total Disbursement till March 31, 2026: Rs. 675.24/- Outstanding* on above Disbursement as on March 31, 2026: Rs. 523.24/- Write Off done till March 31, 2026: NIL Net NPA as on March 31, 2026: NIL Details related to default loss guarantee: 5% (ii) 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 March 31, 2026. 14. 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 (Non Banking Financial Companies-Credit Facilities) Directions, 2025 dated 28 November 2025 as amended : The Company has not lent any funds during the quarter ended March 31, 2026 for project finance activities nor has any recoverable balance as at the same date. 15. The Board of Directors of the Company during its meeting held on March 12, 2026 considered and approved the allotment of 48,02,732 equity shares of the Company with a face value of Rs. 2 each, at a premium of Rs. 13.10 per share, pursuant to the exercise and conversion of 48,02,732 convertible warrants against receipt of an amount aggregating to Rs. 5,43,90,940/- (Rupees Five Crore Forty Three Lakh Ninety Thousand Nine Hundred Forty Only) at the rate of Rs. 11.325/- per warrant, being 75% of the Warrants Issue Price. 16. Pursuant to Exercise and conversion of Warrants, the Company allotted 48,02,732 Equity Shares on March 12, 2026. Consequently, the Issued, Subscribed and Paid-up Share Capital of the Company increased to Rs. 30,97,76,214/- comprising 15,48,88,107 Equity Shares of Rs.2/- each, with effect from March 12, 2026. 17. Previous year/period figures have been regrouped/rearranged/reclassified, wherever considered necessary, to make them comparable. 18. The Company does not have any subsidiary/associate/joint venture company{ies), as on March 31, 2026. 19. 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 20. The company does not fall under the ambit of Large Corporate (LC) category as per the criteria given under SEBI circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023.

2025-04-01

2026-03-31

Audited

Standalone

785433000

17000

252000

20561000

166396000

972659000

19219000

991878000

164623000

101100000

319679000

9360000

34231000

77285000

84870000

791148000

200730000

51339000

-358000

50981000

149749000

309776000

1990968000

1.15

0.0123

0.0117

0.0166

Other Operating Revenue

Other Expenses

21795000

Other Expenses

84870000

70910000

17797000

367000

4863973000

156951000

86945000

5196943000

1913000

56500000

2644000

132763000

193820000

5390763000

309776000

2018164000

2327940000

357000

32935000

2853828000

107525000

2994645000

50896000

5044000

3779000

8459000

68178000

3062823000

5390763000

Explanatory notes to the Statement of Assets and Liabilites as on March 31, 2026: 1. Other non-financial assets (i) CGST input: Rs. 66.81 Lakh (ii) SGST input: Rs. 67.25 Lakh (iii) IGST input: Rs. 36.72 Lakh (iv) Others: Rs. 1156.85 Lakh Total: Rs. 1327.63 Lakh

Other Financial assets

86945000

other

132763000

Other financial liabilities

107525000

Other non-financial liabilities

8459000

319679000

8480000

7000

-122015000

-724867000

-21666000

24489000

18732000

-1497000

9360000

10005000

-14754000

17000

11620000

-482444000

-281714000

50981000

-332695000

13573000

61904000

2472000

17000

-77932000

372692000

27195000

300191000

12007000

319679000

368392000

-42235000

113145000

70910000

BAID FINSERV LIMITED

******

PANNA LAL BAID

******

Promoter / Chairman and Managing Director/ Key Managerial Personnel

Remuneration

9600000

Within the maximum limit as approved by the NRC/ ACM/Board/Shareholders in accordance with the provisions of Companies act, 2013

3000000

368000

BAID FINSERV LIMITED

******

AMAN BAID

******

Member of Promoter Group/ Whole-time Director/ Key Managerial Personnel

Remuneration

9600000

Within the maximum limit as approved by the NRC/ ACM/Board/Shareholders in accordance with the provisions of Companies act, 2013

4200000

496000

BAID FINSERV LIMITED

******

ADITYA BAID

******

Member of Promoter Group/ Chief Financial Officer/ Key Managerial Personnel

Remuneration

7200000

As approved by the NRC, ACM,Board and Shareholders of the Company

3600000

431000

BAID FINSERV LIMITED

******

ADITYA BAID

******

Member of Promoter Group/ Chief Financial Officer/ Key Managerial Personnel

Any other transaction

RENT PAID

756000

Approved

374000

BAID FINSERV LIMITED

******

SURBHI RAWAT

******

Company Secretary/ Key Managerial Personnel

Remuneration

1175000

As approved by the NRC,ACM and Board

618000

94000

BAID FINSERV LIMITED

******

MAHENDRA KUMAR BAID

******

Member of promoter group

Any other transaction

RENT PAID

1260000

Approved

623000

BAID FINSERV LIMITED

******

BFL Asset Finvest Limited

******

Other Related Companies

Any other transaction

RENT RECEIVED

252000

Approved

126000

BAID FINSERV LIMITED

******

TRADESWIFT COMMODITIES PRIVATE LIMITED

******

Other Related Companies

Any other transaction

INVESTMENT IN EQUITY SHARE

2078000

BAID FINSERV LIMITED

******

BAID BUILDHOMES PRIVATE LIMITED

******

Other Related Companies

Any other transaction

INVESTMENT IN EQUITY SHARE

1044000

12541000

Audited

true

ABSM AND ASSOCIATES

true

2027-03-31

Preferential Issues

2025-04-09

181303000

2026-03-31

false

Panna Lal Baid

Managing Director

Jaipur

2026-05-15

Rights Issues

2025-12-08

300171000

2026-03-31

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

99717000

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 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.

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

180000000

Note: Out of total proceeds of Rs. 18.00 crore proposed for augmentation of tier I capital base of the company, the company has utilized remaining amount of Rs. 0.03 crore in Q4 FY26 in current quarter and has utilized entire amount allocated to 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

Note: Company has utilised remaining Rs. 5.24 crore in current quarter for debt repayment to its lenders ie. Capital small finance bank, and Shriram Finance Limited during Q4FY26 and hence utilisation under the object has been completed.

General corporate purposes

15946000

16676000

Note: During the quarter, company utilized Rs. 1.67 crore (including Rs. 0.07 crore unutilized issue expenses) for general corporate purpose branch rent, salaries, and employee related incentives. Since the actual spending on issue expenses was lower than the estimate provided in the Offer Document, the Remaining balance of Rs. 0.07 crore has been utilized for general corporate purposes in line with Letter of offer.

Issue related expenses

4225000

3495000

Note: Issue expenses aggregating to Rs. 0.02 crore has been utilized during Q4 FY26 towards payment to depositories for issue expenses. The total issue expenses incurred stood at Rs. 0.35 crore. Since the actual spending on issue expenses was lower than the estimate provided in the Offer Document, the Remaining balance of Rs. 0.07 crore has been utilized for general corporate purposes in line with Letter of offer