- Next results date: the board meets on 3 Nov 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹154 Cr2,543rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 13 Aug 2026
- 10.1
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 15 May 2026
- 0.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.05%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- 7.4%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 10.19%
- Cost of fundsCost of funds. Interest paid ÷ the average of what the company pays interest on × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 11.82%
- Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 1.74%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026.
- 3.02%
- LeverageAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 2.41times net worth
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 88,09472.4% delivered
Baid Finserv board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorPANNA LAL BAIDRelated to the promoter
7 directors4 independent2 executive1 non-executive
- PANNA LAL BAID · Chairperson and managing directorExecutive · joined Apr 2010 · reappointed Apr 2024 · 36 months as independent · 1 listed board
- AMAN BAIDExecutive · joined May 2014 · reappointed Jun 2026 · 36 months as independent · 1 listed board
- ALPANA BAIDNon-executive · joined Aug 2014 · 2 listed boards
- ANURAG PATNIIndependent · joined Oct 2016 · reappointed Oct 2021 · 121 months as independent · 1 listed board · 1 as independent · 2 committee seats
- SURENDRA KUMAR SINGHIIndependent · joined Aug 2023 · reappointed Aug 2023 · 38 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- CHAITNYA SHARMAIndependent · joined Aug 2023 · reappointed Aug 2023 · 38 months as independent · 1 listed board · 1 as independent · 2 committee seats
- HIMANSHU KUMAR JAINIndependent · joined Aug 2026 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 26 Aug 20266 of 7 present3 independent · 12 days in between
- 13 Aug 20265 of 6 present2 independent · 89 days in between
- 15 May 20266 of 6 present3 independent
Audit Committee
Chair SURENDRA KUMAR SINGHI
ANURAG PATNI, CHAITNYA SHARMA, HIMANSHU KUMAR JAIN
- 13 Aug 20262 of 3 present2 independent · 89 days in between
- 15 May 20263 of 3 present3 independent
Nomination and remuneration committee
Chair SURENDRA KUMAR SINGHI
ANURAG PATNI, CHAITNYA SHARMA, HIMANSHU KUMAR JAIN
- 13 Aug 20262 of 3 present2 independent · 89 days in between
- 15 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair SURENDRA KUMAR SINGHI
ANURAG PATNI, CHAITNYA SHARMA, HIMANSHU KUMAR JAIN
- 13 Aug 20262 of 3 present2 independent · 89 days in between
- 15 May 20263 of 3 present3 independent
Risk Management Committee
Chair PANNA LAL BAID
AMAN BAID, SURENDRA KUMAR SINGHI
- 13 Aug 20263 of 3 present1 independent · 89 days in between
- 15 May 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair SURENDRA KUMAR SINGHI
AMAN BAID, ALPANA BAID
- 15 May 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- ABSM & Associates.Peer-review certificate valid to Mar 2027
2 earlier auditors
- ABSM AND ASSOCIATESNamed in filings from Sep 2025 to Mar 2026
- M/s. Khilnani & AssociatesNamed in filings from Mar 2025 to Jun 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Baid Finserv AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Baid Finserv dividend history
Annual general meeting, 23 Sep 2026
22,802 shareholders on the register on 16 Sep 2026; present: 15 promoters and 33 others; votes counted by MANOJ MAHESHWARI / V.M.& ASSOCIATES.The company's voting result (opens in a new tab)
- To adopt the audited financial statements of the Company for the financial year ended on March 31, 2026, together with the Reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.06% · promoters 91.81% · institutions 0.00% · other public 37.31%
- To declare final dividend of Rs. 0.10/- (5% of Equity Share of Rs. 2/- each) per equity share as recommended by the Board of Directors for the financial year 2025-26.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.06% · promoters 91.81% · institutions 0.00% · other public 37.31%
To appoint a Director in place of Mrs. Alpana Baid, Non-Executive Director (DIN: 06362806) of the Company, who retires by rotation at this meeting and being eligible, has offered himself for re-appointment.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.04% · promoters 91.81% · institutions 0.00% · other public 37.26%
- To re-appoint Mr. Panna Lal Baid (DIN: 00009897) as Chairman and Managing Director of the Company.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.04% · promoters 91.81% · institutions 0.00% · other public 37.26%
- To appoint Mr. Himanshu Kumar Jain (DIN:11847212) as an Independent Director (Non-Executive) of the Company.Special99.70% for0.30% against
Against: promoters 0.00% · institutions 0.00% · other public 0.97%
Turnout: all 63.06% · promoters 91.81% · institutions 0.00% · other public 37.31%
- Alteration of the object clause of the Memorandum of Association of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.06% · promoters 91.81% · institutions 0.00% · other public 37.31%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 12 Sep 2025, 6 resolutions
23,982 shareholders on the register on 5 Sep 2025; present: 13 promoters and 40 others; votes counted by MANOJ MAHESHWARI / V.M.& ASSOCIATES.The company's voting result (opens in a new tab)
- To adopt the audited financial statements of the Company for the financial year ended on March 31, 2025, together with the Reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.54% · promoters 92.91% · institutions 98.44% · other public 37.17%
- To declare final dividend of Rs. 0.10/- (5% of Equity Share of Rs. 2/- each) per equity share as recommended by the Board of Directors for the financial year 2024-25.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.54% · promoters 92.91% · institutions 98.44% · other public 37.17%
- To appoint a Director in place of Mr. Aman Baid, Whole Time Director (DIN: 03100575) of the Company, who retires by rotation at this meeting and being eligible, has offered himself for reappointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.54% · promoters 92.91% · institutions 98.44% · other public 37.17%
- To appoint the Statutory Auditor of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the 39th Annual General Meeting.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.54% · promoters 92.91% · institutions 98.44% · other public 37.17%
- To re- appoint Mr. Aman Baid (DIN: 03100575) as Whole Time Director designated as Executive Director of the Company.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.54% · promoters 92.91% · institutions 98.44% · other public 37.17%
To appoint M/s. V. M. & Associates, Company Secretaries, Jaipur (Firm Registration No. P1984RJ039200) as Secretarial Auditor of the Company for a term of 5 (five) years from April 01, 2025 to March 31, 2030.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 57.54% · promoters 92.91% · institutions 98.44% · other public 37.17%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 12 Mar 2025, 2 resolutions
23,831 shareholders on the register on 5 Mar 2025; present: 12 promoters and 37 others; votes counted by MANOJ MAHESHWARI / V.M.& ASSOCIATES.The company's voting result (opens in a new tab)
- To approve amendment in the Articles of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 40.30% · promoters 43.03% · institutions 99.70% · other public 38.49%
- Issuance of convertible warrants of the company by way of preferential issue on private placement basis, to promoters/ promoter group of the Company.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 40.30% · promoters 43.03% · institutions 99.70% · other public 38.49%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 16 Jul 2024, 3 resolutions
Present: 13 promoters and 43 others.The company's voting result (opens in a new tab)
- To adopt the audited financial statements of the company for the financial year ended on March 31, 2024 and the reports of the board of directors and the auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.95% · promoters 100.00% · institutions 0.00% · other public 61.41%
- To declare final dividend of Re. 0.10/-(5% of Equity Share of Rs 2/- each) per equity share as recommended by the Board of Directors for the financial year 2023-24.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.95% · promoters 100.00% · institutions 0.00% · other public 61.41%
To appoint a Director in place of Mrs. Alpana Baid, Non-Executive Director (DIN: 06362806) of the Company, who retires by rotation at this meeting and being eligible, has offered herself for re-appointment.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.31% · promoters 58.26% · institutions 0.00% · other public 61.41%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 9 Apr 2024, 1 resolution
The company's voting result (opens in a new tab)
- INCREASE IN AUTHORISED SHARE CAPITAL AND CONSEQUENT ALTERATION OF CAPITAL CLAUSE OF MEMORANDUM OF ASSOCIATION OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.03% · promoters 100.00% · institutions 0.00% · other public 63.23%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 7 Sep 2023, 8 resolutions
Present: 15 promoters and 39 others.The company's voting result (opens in a new tab)
- To adopt the audited financial statements of the company for the financial year ended on March 31, 2023 and the reports of the board of directors and the auditors thereon.Ordinary96.87% for3.13% against
Against: promoters 0.00% · institutions 0.00% · other public 6.82%
Turnout: all 60.15% · promoters 93.57% · institutions 0.00% · other public 42.31%
- To declare final dividend of Re. 0.10/-(5% of Equity Share of Rs 2/- each) per equity share as recommended by the Board of Directors for the financial year 2022-23.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.15% · promoters 93.57% · institutions 0.00% · other public 42.31%
- To appoint a Director in place of Mr. Aman Baid, Whole Time Director (DIN: 03100575) of the Company, who retires by rotation at this meeting and being eligible, has offered himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.97% · promoters 64.32% · institutions 0.00% · other public 42.31%
To re-appoint Mr. Panna Lal Baid (DIN: 00009897) as Chairman and Managing Director of the Company in accordance with the provisions of Sections 196, 197, 198, 203 read with Schedule V and all other applicable provisions, if any, of Companies Act, 2013, the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 notifications and circulars of Reserve Bank of India.MoreLess
SpecialPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 49.83% · promoters 63.91% · institutions 0.00% · other public 42.31%
To appoint Mr. Surendra Kumar Singhi (DIN: 01048397) as an Independent Director of the Company in accordance with provisions of Sections 149, 150 and 152 read with Schedule IV and other applicable provisions, if any, of the Companies Act, 2013 (“Act”) read with The Companies (Appointment and Qualification of Directors) Rules, 2014 and Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and regulations, notifications and circulars issued by the Reserve Bank of India.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.15% · promoters 93.57% · institutions 0.00% · other public 42.31%
To appoint Mr. Chaitnya Sharma (DIN:-10253651) as an Independent Director of the Company in accordance with provisions of Sections 149, 150 and 152 read with Schedule IV and other applicable provisions, if any, of the Companies Act, 2013 (“Act”) read with The Companies (Appointment and Qualification of Directors) Rules, 2014 and Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and regulations, notifications and circulars issued by the Reserve Bank of India.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.15% · promoters 93.57% · institutions 0.00% · other public 42.31%
To issue Secured / Unsecured / Redeemable Non-convertible Debentures including but not limited to subordinate debentures, bonds, and/or other debt securities etc. for an amount not exceeding Rs. 250,00,00,000/- (Rupees Two Hundred and Fifty Crores only) on private placement basis.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.15% · promoters 93.57% · institutions 0.00% · other public 42.31%
To approve the Remuneration of Mr. Aditya Baid Chief Financial Officer from existing Rs. 2,45,000/- (Rupees Two Lakhs and Forty Five Thousand Only) per month (inclusive of all the benefits) to not exceeding Rs. 6,00,000/- (Rupees Six Lakhs Only) per month (inclusive of all the benefits) w.e.f April 01, 2023, in such a manner that overall annual remuneration shall not exceed Rs. 72,00,000/- p.a. (Rupees Seventy-Two Lakhs only) (inclusive of all the benefits)MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 27.59% · promoters 0.00% · institutions 0.00% · other public 42.31%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesApr 2025 | 18.13 | • 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. | 18.13 | 9.97 | No |