Outcome of Board Meeting of the Company held on Friday, May 15, 2026 at the registered office of the Company which commenced at 04:00 P.M. and concluded at 06:50 P.M
BAIDFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Baid Finserv Limited held its Board Meeting on May 15, 2026 and approved audited financial results for FY2026 (year ended March 31, 2026). The company reported total income of Rs 8,254.58 lakhs (up from Rs 7,181.76 lakhs in FY2025), profit before tax of Rs 2,007.30 lakhs (up from Rs 1,813.65 lakhs), and net profit of Rs 1,497.49 lakhs (up from Rs 1,344.55 lakhs). Basic EPS improved to Rs 1.15 from Rs 1.12. Total assets grew to Rs 53,907.63 lakhs from Rs 45,404.61 lakhs. The auditor issued an unmodified (clean) opinion confirming the accounts are properly stated. The Board also re-appointed Shiv Shankar Khandelwal & Co. as internal auditor for FY2026-27 and appointed Mr. Rahul Kumar Sharma as Chief Technology Officer and Chief Information Officer. Additionally, 48,02,732 equity shares were allotted on March 12, 2026 upon conversion of convertible warrants, increasing share capital.
The company showed healthy growth in income and profitability for FY2026 with a clean audit opinion. The increase in total assets and loan portfolio indicates business expansion. However, operating cash flow was negative at Rs 3,326.95 lakhs which investors should monitor. The new technology leadership appointment may support digital initiatives. The trading window reopening from May 18, 2026 allows insiders to trade shares.