What we do Baid Finserv Limited is a Non-Deposit Taking NBFC offering vehicle loans, MSME loans, and Loan Against Property primarily in semi-urban and rural India. |
Founded in 1,991 |
Market share Strong presence in Rajasthan with expanding footprint in Madhya Pradesh and Gujarat, focusing on underbanked rural and semi-urban markets. |
Problem solved Provides secured loans to underserved rural and semi-urban customers who lack easy access to formal credit channels. |
Top clients or who we serve Serving over 50,000 clients including MSMEs and vehicle owners in B2C lending segments. |
Key management Chairman & MD: Mr. Panna Lal Baid; Whole Time Director: Mr. Aman Baid; CFO: Mr. Aditya Baid. |
Our journey and innovations Founded in 1991, expanded from leasing to auto finance, LAP and MSME loans, opened 5 branches in Madhya Pradesh by 2024, planned expansion to Maharashtra. |
Where we operate Mainly Rajasthan, Madhya Pradesh, Gujarat, with plans for Maharashtra expansion. |
Top products or what we offer Vehicle loans (car, commercial, tractor), MSME loans, Loan Against Property, insurance products. |
Top brands Key offerings: Vehicle Finance, MSME Loans, Loan Against Property. Strong rural market penetration with personalized customer service. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from recurring interest income on loan portfolios with cyclical growth tied to credit demand. |
Our industry position Positioned as a niche NBFC in semi-urban/rural lending with steady AUM growth and a BBB credit rating by CARE. |
Financial highlights FY25 revenue ₹82.55 Cr, PAT ₹13.45 Cr; Q1 FY26 revenue ₹23.91 Cr; 24% growth in FY25 revenue; AUM approx ₹411 Cr. |
Geographical revenue split Revenue primarily from Rajasthan, Madhya Pradesh, Gujarat; expanding into Maharashtra soon. |
Order book - |
Whats driving growth Geographic expansion, product diversification, robust collections, strong lender relationships, and digital initiatives. |
Our future plans Open new branches in Maharashtra, expand network to 125 branches by 2027, diversify loan products including micro housing and 2-wheeler loans. |
Our green promise Installed solar panels at head office; efforts to reduce electricity usage with LED lighting and energy-efficient devices. |
Our people and values 243 employees focused on integrity, transparency, team spirit, and competency. Strong training and development programs. |
Key challenges ahead Competition intensifies, cost of funds rising, need for digital transformation and geographic diversification are key challenges. |
Interesting facts Over 33 years in financial services with deep rural penetration; recognized BBB rating by CARE; extensive CSR activities supporting marginalized communities. |
Risks and strategy Risk management includes strong credit monitoring, legal recovery processes, prudent liquidity management, and compliance with RBI norms. |
