Baid Finserv511724Quarterly results

Board approves Q2/H1 FY27 results; 72,04,099 shares allotted on warrant conversion

Board approved unaudited standalone results for Q2/H1 FY27.

By ScoutQuest · Tue 3 Nov 2026, 5:37 PM IST · 2 min read

₹954.32 lakh

Q2 FY27₹519.90 lakhH1 FY27₹954.32 lakh

Profit for the period, (standalone, Rs. in lakh: ₹519.90 lakh (Q2 FY27) and ₹954.32 lakh (H1 FY27).

Profit (Q2, standalone): Rs. 519.90 lakh
Profit (H1, standalone): Rs. 954.32 lakh
Shares allotted on warrant conversion: 72,04,099 equity shares; Rs. 8,15,86,421 received; paid-up equity capital Rs. 32,41,84,412

The board of the company met on November 03, 2026 and approved the unaudited standalone financial results for the quarter and half year ended September 30, 2026. The Limited Review Report of the statutory auditors, ABSM & Associates, Chartered Accountants, was placed before the board.

Auditor's conclusion

The Limited Review Report says nothing has come to the auditors' attention that causes them to believe the accompanying statement is not prepared in accordance with the applicable Indian Accounting Standards, or that it contains any material misstatement. This is a review of interim information, not a full audit, so the auditors do not express an audit opinion.

Results for the quarter (standalone)

Revenue from operations was Rs. 2,015.67 lakh, lower than in the same quarter a year earlier.
Profit for the period was Rs. 519.90 lakh, higher than the year-earlier quarter.

Results for the half year (standalone)

Total income was Rs. 4,381.89 lakh.
Profit for the period was Rs. 954.32 lakh, higher than the same half of the previous year.

Warrants converted into shares

72,04,099 equity shares were allotted on the exercise and conversion of 72,04,099 convertible warrants, with effect from August 26, 2026.
The company received an amount aggregating to Rs. 8,15,86,421 against these warrants, at Rs. 11.325 per warrant, being 75% of the warrants issue price, with the balance 25% (Rs. 11.325 per warrant) to be paid on exercise of the warrants.
After the allotment, the paid-up equity share capital stands at Rs. 32,41,84,412.

What this means for a shareholder: the number of shares in issue has gone up, so each existing share now represents a slightly smaller slice of the company (dilution), but the company has received fresh money in return.

Dividend already paid

The update records that the final dividend for the financial year 2025-26 of Rs. 0.10 per equity share was paid on October 03, 2026, with the record date being September 16, 2026.

Other points noted in the update

The company is classified under the "Base Layer" of the RBI's scale-based regulation framework for non-banking finance companies.
It has not transferred or acquired any stressed assets, or any loans not in default, through assignment during the quarter and half year.
It had co-lending arrangements as Partner RE in the gold loan segment during the period.
Impairment allowances made under Ind AS 109 exceed the provisioning required under IRACP norms, so no amount needed to be transferred to the impairment reserve.
It has no subsidiary, associate or joint venture company as on September 30, 2026.

For a lender, the movement in revenue from operations and profit for the period, together with the change in the number of shares after the warrant conversion, are the figures to track.

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