Baid Finserv FY26 Net Profit Rises to ₹1,497 Lakh; Files Reg 47 Ad

2 min read     Updated on 19 May 2026, 08:42 AM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Baid Finserv Limited reported audited standalone FY26 results with net profit rising to ₹1,497.49 lakh from ₹1,344.55 lakh in FY25, and total income growing to ₹9,726.58 lakh from ₹8,198.16 lakh. The company filed a Regulation 47 newspaper advertisement on May 17, 2026, publishing the results extract in Financial Express and Business Remedies. Reserves grew to ₹19,909.68 lakh and full-year Basic EPS improved to ₹1.15.

powered bylight_fuzz_icon
40633592

*this image is generated using AI for illustrative purposes only.

Baid Finserv Limited has reported its audited standalone financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results at a meeting held on May 15, 2026, with the company recording growth in total income and net profit for the full year compared to the previous fiscal year. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company subsequently published a newspaper advertisement containing an extract of these audited financial results on May 17, 2026, in Financial Express (English, All Editions) and Business Remedies (Hindi daily). The filing was submitted to BSE Limited and the National Stock Exchange of India Ltd. by Company Secretary and Compliance Officer Surbhi Rawat.

Financial Performance for FY26

The company's total income from operations for the year ended March 31, 2026, stood at ₹9,726.58 lakh, an increase from ₹8,198.16 lakh in the previous year. Net profit after tax for the period rose to ₹1,497.49 lakh, compared to ₹1,344.55 lakh in FY25. The paid-up equity share capital increased to ₹3,097.76 lakh during the year, reflecting the issuance of equity shares.

The following table summarizes the audited standalone financial results (Rs. in Lakh, except per share data):

Particulars Q4 FY26 (Audited) Q4 FY25 (Audited) FY26 (Audited) FY25 (Audited)
Total Income from Operations 2,501.48 2,211.43 9,726.58 8,198.16
Net Profit before Tax 216.65 505.75 2,007.30 1,813.65
Net Profit after Tax 165.70 363.87 1,497.49 1,344.55
Paid-up Equity Share Capital 3,097.76 2,401.37 3,097.76 2,401.37
Basic EPS (Rs. 2/- face value) 0.07 0.30 1.15 1.12

Key Highlights and Disclosures

Reserves (excluding revaluation reserve) grew to ₹19,909.68 lakh as of March 31, 2026, from ₹15,501.74 lakh in the prior year. Basic and Diluted EPS for the full year improved to ₹1.15 from ₹1.12. The statutory auditors issued an unmodified opinion on the financial results. Additionally, the Board approved the re-appointment of M/s. Shiv Shankar Khandelwal & Co. as Internal Auditors for FY27 and appointed Mr. Rahul Kumar Sharma as Chief Technology Officer and Chief Information Officer. The full format of the financial results is available on the websites of BSE Limited and the National Stock Exchange of India Limited, as well as on the company's website at www.baidfinserv.com .

Historical Stock Returns for Baid Finserv

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-6.00%-7.00%+1.16%-6.76%-63.82%

How will Baid Finserv deploy the capital raised through its recent equity share issuance, and what impact could this have on its loan book growth and profitability in FY27?

Given the significant decline in Q4 FY26 net profit compared to Q4 FY25, what one-time costs or provisioning pressures might have weighed on quarterly earnings, and could these persist into FY27?

How does the appointment of a Chief Technology Officer and Chief Information Officer signal Baid Finserv's digital transformation strategy, and what fintech initiatives might the company pursue to compete in the NBFC space?

Baid Finserv Re-appoints M/s. Shiv Shankar Khandelwal & Co. as Internal Auditors for FY 2026-27

1 min read     Updated on 19 May 2026, 03:39 AM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

The Board of Directors of Baid Finserv Limited, at its meeting on May 15, 2026, re-appointed M/s. Shiv Shankar Khandelwal & Co., Chartered Accountants (FRN: 006852C), Jaipur, as Internal Auditors for Financial Year 2026-27 for a term of one year. The re-appointment was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The firm specialises in audit & assurance, direct and indirect tax, business advisory, accounting, and regulatory compliances, and has previously conducted internal audits for the Company.

powered bylight_fuzz_icon
40687746

*this image is generated using AI for illustrative purposes only.

The Board of Directors of Baid Finserv Limited, at its meeting held on Friday, May 15, 2026, approved the re-appointment of M/s. Shiv Shankar Khandelwal & Co., Chartered Accountants (FRN: 006852C), Jaipur, as Internal Auditors of the Company for Financial Year 2026-27. The board meeting commenced at 04:00 P.M. and concluded at 06:50 P.M. at the Company's registered office situated at 1, Tara Nagar, Ajmer Road, Jaipur-302006 (Rajasthan). The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III therein and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Re-appointment Details

The following table summarises the key details of the re-appointment as disclosed by the Company:

Parameter: Details
Auditor Name: M/s. Shiv Shankar Khandelwal & Co., Chartered Accountants
Firm Registration Number: FRN: 006852C
Location: Jaipur, Rajasthan
Nature of Change: Re-appointment
Date of Re-appointment: May 15, 2026
Term of Appointment: 1 (one) year — Financial Year 2026-2027
Scope: Internal Audit of the Company

Profile of the Internal Auditor

M/s. Shiv Shankar Khandelwal & Co. is a firm of Chartered Accountants in practice, based in Jaipur, Rajasthan. The firm specialises in providing services across the following areas:

  • Audit & assurance
  • Direct and indirect tax
  • Business advisory
  • Accounting
  • Regulatory compliances

The firm has been conducting the internal audit of Baid Finserv and also provides tax consultancy services. Additionally, it conducts statutory audits of public and private limited companies.

Regulatory Compliance

The intimation was submitted to BSE Limited and the National Stock Exchange of India Ltd. in accordance with Regulation 30 of the Listing Regulations. The disclosure has also been made available on the Company's website at www.baidfinserv.com . The communication was signed by Surbhi Rawat, Company Secretary and Compliance Officer (Membership No.: A49694), on behalf of Baid Finserv Limited.

Historical Stock Returns for Baid Finserv

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-6.00%-7.00%+1.16%-6.76%-63.82%

Given that M/s. Shiv Shankar Khandelwal & Co. also provides tax consultancy services to Baid Finserv, could this dual role raise independence concerns under future SEBI auditor independence guidelines?

Will Baid Finserv consider transitioning to a larger or nationally recognized internal audit firm as the company scales its financial services operations?

How might the upcoming RBI or SEBI regulatory changes for NBFCs and fintech lenders impact the scope and complexity of Baid Finserv's internal audit requirements in FY2026-27?

More News on Baid Finserv

1 Year Returns:-6.76%