5117242026-07-012026-09-305117242026-09-305117242026-03-315117242026-04-012026-09-305117242026-07-012026-09-30in-capmkt:OtherRevenueFromOperations1Member5117242026-04-012026-09-30in-capmkt:OtherRevenueFromOperations1Member5117242026-07-012026-09-30in-capmkt:OtherExpenses1Member5117242026-04-012026-09-30in-capmkt:OtherExpenses1Member5117242026-09-30OtherFinancialAssetsDomain15117242026-09-30OtherNonFinancialAssetsDomain15117242026-09-30OtherFinancialLiabilitiesDomain15117242026-09-30OtherNonFinancialLiabilitiesDomain15117242026-07-012026-09-30RelatedPartyTransactionDomain15117242026-06-30RelatedPartyTransactionDomain15117242026-09-30RelatedPartyTransactionDomain15117242026-07-012026-09-30RelatedPartyTransactionDomain25117242026-06-30RelatedPartyTransactionDomain25117242026-09-30RelatedPartyTransactionDomain25117242026-07-012026-09-30RelatedPartyTransactionDomain35117242026-06-30RelatedPartyTransactionDomain35117242026-09-30RelatedPartyTransactionDomain35117242026-07-012026-09-30RelatedPartyTransactionDomain45117242026-06-30RelatedPartyTransactionDomain45117242026-09-30RelatedPartyTransactionDomain45117242026-07-012026-09-30RelatedPartyTransactionDomain55117242026-06-30RelatedPartyTransactionDomain55117242026-09-30RelatedPartyTransactionDomain55117242026-07-012026-09-30RelatedPartyTransactionDomain65117242026-06-30RelatedPartyTransactionDomain65117242026-09-30RelatedPartyTransactionDomain65117242026-07-012026-09-30RelatedPartyTransactionDomain75117242026-06-30RelatedPartyTransactionDomain75117242026-09-30RelatedPartyTransactionDomain75117242026-07-012026-09-30RelatedPartyTransactionDomain85117242026-06-30RelatedPartyTransactionDomain85117242026-09-30RelatedPartyTransactionDomain85117242026-07-012026-09-30RelatedPartyTransactionDomain95117242026-06-30RelatedPartyTransactionDomain95117242026-09-30RelatedPartyTransactionDomain95117242026-07-012026-09-30AuditorDomain15117242026-09-30Statement15117242026-07-012026-09-30Statement15117242026-09-30StatementDynamic1I1Statement1iso4217:INRxbrli:pureiso4217:INRxbrli:shares511724BAIDFINNOTLISTEDINE020D01022BAID FINSERV LIMITEDMain BoardEquity2026-04-012027-03-312026-11-032026-10-23INRLakhsQuarterlySecond quarterSingle segmentThe 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.2026-11-0316:00:002026-11-0317:30:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsetrue2026-02-10https://www.baidfinserv.com/wp-content/uploads/2026/04/NewFolder/3.%20POLICY-FOR-Materility-of-RPT.pdf?_t=1777463672true1falseThere is no default on Loans and Debt Securities during the reporting quarter.2026-07-012026-09-30UnauditedStandalone20045600027000660008970000061000060000201567000161030002176700000026200022143000799990002679000728400000190500001677500014819200069478000069478000174880000174880005199000000005199000005199000032418400020.330.33000.330.330.01070.00240.0194Explanatory notes to the Statement of Standalone Unaudited Financial Results for the Quarter and Half-Year ended September 30, 2026. <br /> 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. <br /> 2. Statement of Assets and Liabilities –Details of assets and liabilities are already provided in XBRL. <br /> 3. Statement of Cash Flows- Details of Statement of Cash Flows are already provided in XBRL. <br /> 4. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on November 03, 2026. <br /> 5. The Statutory Auditors of the Company have carried out Limited Review of the above results for the quarter and half year ended September 30, 2026 in compliance with Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. <br /> 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. <br /> 7. The EPS has been computed in accordance with the Indian Accounting Standard. <br /> 8. Provision for income-tax has been made in accordance with the Ind AS-12. <br /> 9. 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. <br /> 10. 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 30 September 2026 and accordingly, no amount is required to transfened to impairment reserve. <br /> 11. Pursuant to the final dividend for the financial year 2025-26 declared by the shareholders at the 35th Annual General Meeting of the company held on September 23, 2026, the company paid the final dividend of Rs. 0.10 (5%) per equity share of face value of Rs. 2/- each fully paid up aggregating to Rs. 15,488,810.70 subject to deduction of tax at source as per applicable rates(s) to the eligible shareholders. The record date for payment of final dividend was September 16, 2026 and the payment was made on October 03, 2026. <br /> 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) <br /> (a) Format B: For the Half Year ended September 30, 2026 <br /> Personal Loans: NIL <br /> Corporate Loans: NIL <br /> Of which MSMEs: NIL <br /> Others: NIL <br /> Total: NIL <br /> 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 <br /> 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: <br /> (a) The Company has not transferred any stressed assets through assignment during the quarter and half year ended on September 30, 2026. <br /> (b) The company has not acquired any stressed assets through assignment during the quarter and half year ended on September 30, 2026. <br /> (c) The Company has not transferred any loans (not in default) through assignment during the quarter and half year ended on September 30, 2026 <br /> (d) The Company has not acquired loans (not in default) through assignment during the quarter and half year ended on September 30, 2026 <br /> (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 and half year ended on September 30, 2026 <br /> <br /> (i) Co-Lending as Partner RE <br /> <br /> Co-Lending Arrangement during the quarter and half year ended on September 30, 2026- <br /> <br /> For the Quarter ended September 30, 2026 <br /> Number of CLAs: 2 <br /> Weighted average rate of interest (per annum): 15.87% <br /> Fees charged/ paid (Rs. in lakhs): Nil <br /> Broad sector in which CLA was made: Gold Loan <br /> Performance of loans under CLA (Rs. in lakhs) <br /> Total Disbursement till September 30, 2026: Rs. 997.92/- <br /> Outstanding* on above Disbursement as on September 30, 2026: Rs. 812.55/- <br /> Write Off done till September 30, 2026: NIL <br /> Net NPA as on September 30, 2026: NIL <br /> Details related to default loss guarantee: 5% <br /> <br /> For the half year ended September 30, 2026 <br /> Number of CLAs: 2 <br /> Weighted average rate of interest (per annum): 15.83% <br /> Fees charged/ paid (Rs. in lakhs): Nil <br /> Broad sector in which CLA was made: Gold Loan <br /> Performance of loans under CLA (Rs. in lakhs) <br /> Total Disbursement till September 30, 2026: Rs. 3702.33/- <br /> Outstanding* on above Disbursement as on September 30, 2026: Rs. 2337.83/- <br /> Write Off done till September 30, 2026: NIL <br /> Net NPA as on September 30, 2026: NIL <br /> Details related to default loss guarantee: 5% <br /> <br /> (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 and half year ended September 30, 2026. <br /> <br /> 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 : <br /> <br /> 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 : <br /> <br /> The Company has not lent any funds during the quarter and half year ended September 30, 2026 for project finance activities nor has any recoverable balance as at the same date. <br /> <br /> 14. The Board of Directors of the Company during its meeting held on August 26, 2026 considered and approved the allotment of 72,04,099 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 72,04,099 convertible warrants against receipt of an amount aggregating to Rs. 8,15,86,421/- (Rupees Eight Crore Fifteen Lakh Eighty Six Thousand Four Hundred Twenty One Only) at the rate of Rs. 11.325/- per warrant, being 75% of the Warrants Issue Price. <br /> <br /> 15. Pursuant to Exercise and conversion of Warrants, the Company allotted 72,04,099 Equity Shares on August 26, 2026. Consequently, the Issued, Subscribed and Paid-up Share Capital of the Company increased to Rs. 32,41,84,412/- comprising 16,20,92,206 Equity Shares of Rs.2/- each, with effect from August 26, 2026. <br /> <br /> 16. The disclosures as required under RBI Notification No. RBI/2020-21/17/DOR.No.BP.BC/4/21.04.048/2020-21 dated August 06, 2020 on Micro Small and Medium Enterprises (MSME) -- Restructing of Advances, for the quarter ended on September 30, 2026 are as follows: <br /> <br /> No. of Account Restructured: NIL <br /> <br /> 17. The Company does not have any subsidiary/associate/joint venture company{ies), as on September 30, 2026. <br /> <br /> 18. Previous year/period figures have been regrouped/rearranged/reclassified, wherever considered necessary, to make them comparable. <br /> <br /> 19. 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. <br /> 2026-04-012026-09-30UnauditedStandalone41598800027000132000173000000610000940004180320002015800043819000000109000458530001593750004998000158460000047562000369160003106590001275310000127531000320990000320990009543200000009543200009543200032418400020.610.61000.610.610.01070.01720.0185Other operating revenue60000Other operating revenue94000Other expenses16775000Other expenses369160006821000042450000003566000473854700025994000091434000520414700018050000000526230000003089000152506000210023000541417000032418400021652850002489469000248946900032600033950000000266442500000118971000281767200082996000778700037790001246700010702900029247010005414170000Explanatory notes to the Statement of Assets and Liabilites as on September 30, 2026: <br /> <br /> 1. Other non-financial assets <br /> <br /> (i) CGST input: Rs. 75.28 Lakh <br /> <br /> (ii) SGST input: Rs. 75.72 Lakh <br /> <br /> (iii) IGST input: Rs. 38.84 Lakh <br /> <br /> (iv) Others: Rs. 1335.23 Lakh <br /> <br /> Total: Rs. 1525.07 Lakh <br /> Other financial asset91434000Other non-financial asset (to be specified)152506000Other financial liabilities118971000Other non-financial liabilities12467000000000159375000109000-3198000070972000337730000-4490000-246530009850000400600004998000027430000114490000027000000000937000025697900038451000000000384510000000111504000000010003580000001209000000000085150000000027000000-104528000008158600000000018940300001549100015937500000-282683000-27010000-27010007091100068210000BAID FINSERV LIMITED******PANNA LAL BAID******Promoter / Chairman and Managing Director/ Key Managerial PersonnelRemuneration9600000Within the maximum limit as approved by the NRC/ ACM/Board/Shareholders in accordance with the provisions of Companies act, 201315000003680000BAID FINSERV LIMITED******AMAN BAID******Member of Promoter Group/ Whole-time Director/ Key Managerial PersonnelRemuneration9600000Within the maximum limit as approved by the NRC/ ACM/Board/Shareholders in accordance with the provisions of Companies act, 20134200000496000245000BAID FINSERV LIMITED******ADITYA BAID******Member of Promoter Group/ Chief Financial Officer/ Key Managerial PersonnelRemuneration7200000As approved by the NRC, ACM,Board and Shareholders of the Company3600000431000430000BAID FINSERV LIMITED******ADITYA BAID******Member of Promoter Group/ Chief Financial Officer/ Key Managerial PersonnelAny other transactionRENT PAID756000Approved37800000BAID FINSERV LIMITED******SURBHI RAWAT******Company Secretary/ Key Managerial PersonnelRemuneration1175000As approved by the NRC,ACM and Board5810009400093000BAID FINSERV LIMITED******MAHENDRA KUMAR BAID******Member of promoter groupAny other transactionRENT PAID1260000Approved63000000BAID FINSERV LIMITED******BFL ASSET FINVEST LIMITED******Other Related CompaniesAny other transactionRENT RECEIVED264000Approved13200000BAID FINSERV LIMITED******TRADESWIFT COMMODITIES PRIVATE LIMITED******Other Related CompaniesAny other transactionINVESTMENT IN EQUITY SHARE0NA020780002078000BAID FINSERV LIMITED******BAID BUILDHOMES PRIVATE LIMITED******Other Related CompaniesAny other transactionINVESTMENT IN EQUITY SHARE0NA01044000104400011021000UnauditedtrueABSM AND ASSOCIATEStrue2027-03-31Preferential Issues2025-04-091813030002026-09-30falsefalsePanna Lal BaidManaging DirectorJaipur2026-11-03• 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. NA18130300001813030000Note: <br /> <br /> 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. <br /> <br /> The said amount of INR 453.26 Lakhs was fully utilized during the quarter ended June 30, 2025. <br /> <br /> During the June quarter, 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. <br /> <br /> During the current quarter under review, the Company has received the balance 75% of the issue price amounting to INR 815.86 Lakhs (INR 11.325 per warrant) from remaining 4 (Four) warrant holders i.e. Aditya Baid, Dalima Baid, Asmita Baid and Alpana Baid pursuant to exercise of warrants into equity shares. <br /> <br /> Pursuant to the aforesaid conversion and allotment, all the outstanding warrants allotted pursuant to the preferential issue have now been fully converted into equity shares. Accordingly, no warrants remain outstanding for conversion. <br /> <br /> The amount disclosed under “funds utilized” pertains to the quarter ended June 30, 2025, March 31, 2026 and September 30, 2026. <br />