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 6:50 P.M
BAIDFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Baid Finserv Limited reported audited financial results for Q4 and FY2026 ended March 31, 2026. Total income for FY26 stood at Rs 8,254.58 lakhs, up 15% from Rs 7,181.68 lakhs in FY25. Profit after tax for the year was Rs 1,497.49 lakhs, a marginal increase from Rs 1,344.55 lakhs in the prior year. Basic EPS for FY26 was Rs 1.15 per share. Total assets grew to Rs 53,907.63 lakhs from Rs 45,404.61 lakhs, driven by growth in loan portfolio to Rs 48,639.73 lakhs. The Board also re-appointed Shiv Shankar Khandelwal & Co. as internal auditors for FY 2026-27 and appointed Mr. Rahul Kumar Sharma as Chief Technology Officer and Chief Information Officer. The statutory auditor issued an unmodified opinion confirming clean financials. The company is classified under RBI's Base Layer NBFC category.
The company delivered steady growth in income and assets with stable profitability. The clean audit opinion and appointment of a new technology leader may boost investor confidence. The warrant conversion expanded share capital by Rs 696.39 lakhs, diluting existing shareholders marginally.