Baid Finserv reported a 20.16% increase in total income to ₹9,918.78 lakh for the financial year ended March 31, 2026, driven by sustained growth in its secured lending portfolio.

Profit after tax (PAT) rose 11.37% to ₹1,497.49 lakh compared to ₹1,344.55 lakh in FY25. The NBFC also expanded its Asset Under Management (AUM) by 20.35% to ₹47,688.73 lakh as on March 31, 2026.

Financial Performance

The company recorded revenue from operations of ₹9,726.58 lakh, up from ₹8,198.16 lakh in the previous year. Total expenditure increased to ₹7,911.48 lakh from ₹6,440.93 lakh, primarily due to higher finance costs and impairment provisions.

Asset Quality and Portfolio

Gross Non-Performing Assets (GNPA) improved slightly to 2.66% from 2.73% in FY25. Net NPAs stood at 0.39%, up from 0.29% in the prior year. Collection efficiency was recorded at 92.10%.

The loan book grew to ₹48,639.73 lakh (net), with significant expansion in Loan Against Property (LAP) and vehicle loans. The company also entered the gold loan segment during the year, with outstanding balances reaching ₹554.01 lakh.

Capital Raise and Dividend

Baid Finserv raised capital through a rights issue, allotting 3,00,17,075 equity shares at ₹10 per share. Additionally, 48,02,732 warrants were converted into equity shares during the year.

The Board recommended a final dividend of ₹0.10 per equity share (5% of face value), subject to shareholder approval at the 35th Annual General Meeting scheduled for September 23, 2026.

What the Numbers Show

While revenue grew robustly at over 20%, net profit growth lagged at 11.37%. This divergence is largely attributable to a sharp increase in impairment on financial instruments, which rose to ₹772.85 lakh from ₹157.07 lakh in FY25. Despite the higher provisioning, the company maintained healthy capital adequacy ratios, with CRAR at 47.53%.

Baid Finserv Limited has recommended a final dividend of Re 0.10 per equity share for the fiscal year ending March 2026. The Board of Directors approved the distribution during its meeting held on August 13, 2026, pending ratification by shareholders at the company's 35th Annual General Meeting (AGM).

The payout is contingent upon shareholder approval. If declared, the dividend will be payable to members whose names appear in the register of members as on the record date of September 16, 2026. In compliance with recent amendments to Regulation 12 of the SEBI Listing Regulations, the company will disburse dividends solely through electronic mode. Physical instruments such as dividend warrants, demand drafts, or cheques will no longer be issued.

Meeting Logistics and Voting

The 35th AGM is scheduled for Wednesday, September 23, 2026, at 3:00 pm. The meeting will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM), adhering to General Circular No. 03/2025 issued by the Ministry of Corporate Affairs and relevant SEBI Listing Regulations. Members participating through VC/OAVM will be counted towards the quorum under Section 103 of the Companies Act, 2013.

Key Dates and Actions

Shareholders holding shares in physical mode are requested to update their email addresses and bank account details via Form ISR-1 submitted to the Registrar and Transfer Agent, MCS Share Transfer Agent Ltd. Those holding shares in dematerialized form must ensure their details are updated with their respective Depository Participants.

Document Dispatch and E-Voting

The notice convening the AGM, along with the audited financial statements for FY25-26, Board’s Report, and Auditor’s Report, will be dispatched electronically. These documents are available on the company’s website, the stock exchanges’ portals (BSE and NSE), and the Central Depository Services (India) Limited website. No physical copies will be sent to members.

Members can cast their votes through remote e-voting or during the meeting via the e-voting system. Detailed procedures for voting are outlined in the AGM notice. Queries regarding e-voting may be directed to the RTA at helpdeskdelhi@mcsregistrars.com .