Baid Finserv

₹22 0.3 | 1.6%

WEBSITE BSE:511724 NSE : BAIDFIN 18 May, 12:50

Market Cap ₹265 Cr.

Stock P/E 18.2

P/B 1.6

Current Price ₹22

Book Value ₹ 13.8

Face Value 2

52W High ₹48.5

Dividend Yield 0.45%

52W Low ₹ 18.5

Edit Ratio

Baid Finserv Research see more...

Overview Inc. Year: 1991Industry: Finance - NBFC

Baid Finserv Ltd is an Indian non-banking financial company (NBFC) that provides a range of financial services to individuals and businesses. The company offers services such as loan against property, business loans, personal loans, and home loans. Additionally, it also provides services such as insurance, wealth management, and investment advisory. Baid Finserv Ltd operates through a network of branches across multiple cities in India and has a customer base that includes individuals, small and medium-sized enterprises (SMEs), and corporates. The company's focus is on providing financial solutions that are tailored to the specific needs of its customers. With a team of experienced professionals and a commitment to customer service, Baid Finserv Ltd aims to be a reliable partner for its customers' financial needs.

Baid Finserv Share Price

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Peer Comparison

Baid Finserv Quarterly Results

#(Fig in Cr.)	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Jun 2023	Sep 2023	Dec 2023
Operating Revenue	12	12	10	15	13	13	13	18	15	18
Other Income	0	0	0	0	1	0	0	0	0	0
Total Income	12	12	10	15	14	13	13	18	15	18
Total Expenditure	4	4	3	6	6	5	5	5	6	7
Operating Profit	8	8	7	10	7	8	9	13	9	11
Interest Expense	6	5	5	4	4	5	5	5	6	6
Depreciation	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	2	3	2	5	3	3	4	7	3	5
Provision for Tax	1	1	1	2	1	1	1	2	1	1
Profit After Tax	2	2	2	4	2	2	3	6	3	4
Adjustments	0	0	0	0	-0	-0	0	0	0	0
Profit After Adjustments	2	2	2	4	2	2	3	6	3	4
Adjusted Earnings Per Share	0.1	0.2	0.1	0.3	0.2	0.2	0.2	0.5	0.2	0.3

Baid Finserv Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Operating Revenue	21	7	8	18	28	41	58	63	53	50	55	64
Other Income	0	0	0	0	0	0	0	0	1	0	1	0
Total Income	21	7	9	18	29	41	58	63	54	50	56	64
Total Expenditure	17	3	3	8	12	15	17	21	19	18	24	23
Operating Profit	4	4	5	10	17	27	41	42	35	32	32	42
Interest Expense	3	2	3	6	11	18	28	31	24	20	18	22
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	1	2	2	4	6	8	13	10	10	12	14	19
Provision for Tax	0	1	1	1	2	3	3	3	3	3	4	5
Profit After Tax	1	1	1	3	4	6	10	8	7	9	10	16
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	1	1	1	3	4	6	10	8	7	9	10	16
Adjusted Earnings Per Share	0.2	0.2	0.2	0.4	0.4	0.6	1	0.6	0.6	0.7	0.9	1.2

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	10%	-4%	6%	10%
Operating Profit CAGR	0%	-9%	3%	23%
PAT CAGR	11%	8%	11%	26%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-45%	102%	28%	28%
ROE Average	7%	6%	10%	11%
ROCE Average	10%	11%	12%	13%

Baid Finserv Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	12	13	14	17	36	40	49	130	138	146	155
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	13	9	4	10	26	110	227	149	120	135	164
Current Liability	10	18	47	79	96	119	58	61	59	37	22
Other Liabilities & Provisions	0	0	0	0	1	1	-0	-0	-0	-0	-0
Total Liabilities	35	41	64	106	159	271	333	341	316	318	341
Loans	0	0	0	0	0	0	0	0	0	0	0
Investments	1	1	2	3	5	10	11	3	3	9	6
Fixed Assets	0	0	1	1	1	2	2	1	1	1	1
Other Loans	4	2	2	5	101	143	201	202	183	181	219
Other Non Current Assets	0	0	0	0	0	0	0	0	0	0	0
Current Assets	30	37	60	96	51	116	120	133	129	127	114
Total Assets	35	41	64	106	159	271	333	341	316	318	341

Baid Finserv Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	0	1	1	1	2	3	3	2	4	9
Cash Flow from Operating Activities	0	3	-10	-18	-37	-45	-44	40	50	34	6
Cash Flow from Investing Activities	2	-0	-2	-2	-2	-5	-2	-2	0	-6	3
Cash Flow from Financing Activities	-2	-2	12	19	40	51	45	-38	-49	-24	-8
Net Cash Inflow / Outflow	0	1	0	0	0	2	-0	-1	2	4	0
Closing Cash & Cash Equivalent	0	1	1	1	2	3	3	2	4	9	9

Baid Finserv Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0.16	0.17	0.2	0.45	0.39	0.56	0.96	0.63	0.62	0.73	0.86
CEPS(Rs)	0.17	0.17	0.22	0.48	0.41	0.59	1	0.66	0.65	0.76	0.89
DPS(Rs)	0	0	0	0	0.2	0.2	0.2	0	0.1	0.1	0.1
Book NAV/Share(Rs)	1.92	2.09	2.28	2.73	3.6	4.01	4.86	10.83	11.46	12.15	12.91
Net Profit Margin	4.85	13.82	14.19	15.09	13.93	13.89	16.75	12.15	13.99	17.59	18.92
Operating Margin	18.96	54.82	62	52.51	58.93	64.34	70	66.16	64.25	63.58	57.73
PBT Margin	6.24	20.96	21.42	22.06	20.08	20.25	21.93	16.55	19.25	24.33	25.5
ROA(%)	2.89	2.68	2.28	3.23	3	2.64	3.21	2.26	2.28	2.77	3.15
ROE(%)	8.85	8.25	8.94	17.85	14.94	14.77	21.69	8.49	5.59	6.2	6.9
ROCE(%)	12.24	11.73	12.17	14.57	15.2	14.02	14.67	13	11.08	10.46	10.03
Price/Earnings(x)	7.74	10.53	10.7	8.99	17.1	29.26	7.48	11.14	4.29	23.51	39.87
Price/Book(x)	0.66	0.83	0.92	1.47	1.87	4.1	1.48	0.65	0.23	1.42	2.67
Dividend Yield(%)	0	0	0	0	1.49	0.61	1.39	0	1.87	0.29	0.29
EV/Net Sales(x)	1.36	4.49	5.62	4.83	5.95	8.75	5.85	4.17	3.43	7.02	10.33
EV/Core EBITDA(x)	7.07	8.09	8.8	9.01	9.98	13.47	8.27	6.25	5.29	10.94	17.71
Interest Earned Growth(%)	113.88	-64.35	15.03	115.39	56.51	43.34	41.94	7.94	-14.58	-6.58	9.83
Net Profit Growth	55.37	1.47	18.17	129.07	44.4	42.96	71.17	-21.67	-1.68	17.48	18.11
EPS Growth(%)	55.37	1.47	18.17	129.07	-12.15	42.96	71.17	-34.11	-1.69	17.5	18.1
Interest Coverage(x) %	1.49	1.62	1.53	1.72	1.52	1.46	1.46	1.33	1.43	1.62	1.79

Baid Finserv Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	21.56	21.56	21.49	21.49	34.8	34.8	34.8	34.8	34.8	34.8
FII	0	0	0	0	0	0	0.09	0	0	0.03
DII	0	0	0	0	0	0	0	0	0	0
Public	78.44	78.44	78.51	78.51	65.2	65.2	65.1	65.2	65.2	65.17
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.26	0.26	2.58	2.58	4.18	4.18	4.18	4.18	4.18	4.18
FII	0	0	0	0	0	0	0.01	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.94	0.94	9.43	9.43	7.83	7.83	7.82	7.83	7.83	7.82
Others	0	0	0	0	0	0	0	0	0	0
Total	1.2	1.2	12.01	12.01	12.01	12.01	12.01	12.01	12.01	12.01

Pros

Cons

Promoter holding is low: 34.8%.
Company has a low return on equity of 6% over the last 3 years.
Debtor days have increased from 0 to 303.91days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.