Company Overview

Baid Finserv Limited, incorporated in 1991 (CIN: L65910RJ1991PLC006391), is a BSE & NSE listed company licensed by the Reserve Bank of India. Formerly known as Baid Leasing and Finance Company Limited, it operates as a Non-Deposit Taking NBFC. The company specializes in providing vehicle loans (new & used cars, commercial vehicles), MSME loans, loans against property, and other asset-backed loans. The company officially changed its name from Baid Leasing and Finance Co. Ltd. to Baid Finserv Limited on July 08, 2022. Its equity shares have been listed and admitted to dealings on the NSE since January 20, 2023.

Business Operations and Geographic Presence

The company has a strong presence in Rajasthan and has commenced operations in Madhya Pradesh. As a Non-Deposit Taking NBFC, its core business involves offering car loans, commercial vehicle loans (new and used), MSME loans, loans against property, and other asset-backed financing. Baid Finserv is particularly focused on serving semi-urban and rural areas within Rajasthan and is expanding its reach in Madhya Pradesh. The company is actively engaged in leasing, hire purchase, and auto finance businesses.

Its registered office is located at Baid House, IInd Floor, 1 Tara Nagar, Ajmer Road, Jaipur - 302006, Rajasthan. The leadership team includes Mr. Panna Lal Baid as both Chairman and Managing Director.

Product Portfolio and Services

Baid Finserv offers a diverse range of financial products tailored to meet the needs of various customer segments.

Key Offerings:

- Vehicle Loans: Tractor Loans, Commercial Vehicle Loans, Car Loans (up to ₹10 lakhs).

- Mortgage Loans: MSME Loans, Loans Against Property (up to ₹25 lakhs).

- Insurance: Life Insurance, Dwelling Insurance, Motor Insurance.

The company's primary focus is on providing car loans, commercial vehicle loans (for new and used vehicles), MSME loans, loans against property, and other asset-backed loans. It caters to first-time vehicle buyers and provides financing for used vehicles. Baid Finserv finances most types of commercial vehicles, including buses, trucks, tankers, trailers, light commercial vehicles, and small commercial vehicles, offering competitive interest rates. The company also provides loans against used commercial vehicles and tractors, as well as mortgage loans in semi-urban and rural regions. Additionally, it offers various insurance products such as life, dwelling, and motor insurance.

Financial Performance and Market Metrics

As of May 20, 2025, the market capitalization of Baid Finserv Ltd (BAIDFIN) stood at ₹137.00 Crore. The company has demonstrated a positive growth trajectory in its financial performance over recent periods.

Key Financial Highlights:

- Full Year FY25 Performance (ended March 2025):

- Revenue: Increased by 29.30% to ₹81.94 crore, up from ₹63.37 crore in FY24.

- Net Profit: Grew by 4.10% to ₹13.45 crore, compared to ₹12.92 crore in FY24.

- Quarterly Performance (Q4 FY25 ended March 2025):

- Net Profit: Saw a significant rise of 237.04% to ₹3.64 crore, from ₹1.08 crore in Q4 FY24.

- Revenue: Increased by 45.94% to ₹22.11 crore, from ₹15.15 crore in Q4 FY24.

Valuation Metrics:

- P/E Ratio: 10.18

- P/B Ratio: 0.82

- 52-Week Range: High of ₹24.30, Low of ₹9.10

Shareholding Pattern and Corporate Governance

Shareholding Pattern:

- Promoter Holding: Increased to 36.25% as of March 2025, from 34.98% as of June 2024.

The company ensures transparency in its operations, with Ms. Surbhi Rawat serving as the Company Secretary & Compliance Officer, overseeing compliance matters.

Market Performance and Business Outlook

Baid Finserv Ltd is classified as a Small Cap company by Value Research. While the stock has experienced volatility, showing a -41.52% return in the past year, the company remains focused on its core lending business. Its strategic emphasis is on serving semi-urban and rural markets, particularly in Rajasthan, and expanding its operational footprint into neighboring states like Madhya Pradesh.

The company operates within the consumer finance sub-sector of the broader financials industry, facing competition from other NBFCs. Over the last five years, its revenue has grown at a compound annual rate of 2.59%, which is below the industry average of 15.24%. Correspondingly, its market share has decreased from 0.05% to 0.03% over the same period. Net income growth has been at a yearly rate of 5.86%, also trailing the industry average of 20.9%.

Baid Finserv represents a regional NBFC with a dedicated focus on vehicle financing and property loans, primarily serving customers in Rajasthan's semi-urban and rural areas while strategically expanding its geographic presence.