Baid Finserv 35th AGM: Financials and Growth Roadmap

Profit After Tax reported at Rs 14.97 crore for FY 2025-26.
Assets Under Management grew by 20.35% to reach Rs 476.89 crore.

Reader Takeaway: Strong AUM growth and positive credit outlook are balanced by ongoing strategic expansion and leadership continuity.

What just happened

Baid Finserv Limited held its 35th Annual General Meeting on September 23, 2026. The session confirmed the financial results for the fiscal year ended March 31, 2026, and addressed key corporate governance matters. Shareholders reviewed the company's financial health, which included a Total Income of Rs 99.19 crore and a Profit Before Tax of Rs 20.07 crore.

Strategic Developments

The company highlighted significant capital maneuvers, including the allotment of 24,01,366 equity shares following warrant conversions and a successful Rs 30.02 crore Rights Issue. Notably, CARE Ratings has reaffirmed the firm’s credit rating at 'CARE BBB' while revising the outlook to Positive. The board also recommended a final dividend of Rs 0.10 per equity share.

Agenda and Leadership

The meeting focused on essential resolutions, including the re-appointment of Mr. Panna Lal Baid as Chairman and Managing Director for a three-year term through March 2030. Furthermore, shareholders discussed the alteration of the company’s Object Clause in the Memorandum of Association, a move intended to broaden the scope of its financing and lending activities.

Asset Quality

Baid Finserv maintained controlled risk levels with a Gross NPA of 2.66% and a Net NPA of 0.39%, reflecting a stable loan book quality amid the expansion of its AUM to Rs 476.89 crore.