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Baid Finserv Limited (BAIDFIN) Fair Value & Analysis

Financial Services · IN · Market cap ₹1.5B

BF Baid Finserv Limited BAIDFIN · NSE
Price₹9.96
Fair Value₹12.57
Upside+26.2%
Quality29/100
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Expensive Growth
Highly profitable · 26.0% net margin
Moderate debt · negative free cash flow
Mixed vs. peers (6/13)
Moderate moat 57/100
Evidence: High Range ₹9.43 – ₹15.71 Share as image

Fair value as of: Aug 13, 2026

From 9 valuation models · updated today

Share price −3.1% over the past month.

Below-average quality, screening 26% undervalued on our models.

What matters now

  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
  • Our model range runs from ₹9.43 (bear) to ₹15.71 (bull), base ₹12.57. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 29/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (4 years)

₹44.04 ₹9.04 Fair Value ₹12.57 Jan 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

43‑month range ₹9.04 – ₹44.04 · fair‑value band ₹9.43 – ₹15.71 · the ₹9.96 price screens below the ₹12.57 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Baid Finserv Limited (BAIDFIN) currently trades at ₹9.96, while our model-based Fair Value estimate is ₹12.57, implying the stock looks roughly 26.2% undervalued today. The Quality Score stands at 29/100 (below-average quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Baid Finserv Limited generated revenue of ₹576M at a net margin of 26.0%. Revenue grew 59.7% year over year. It earns a return on equity of 7.3%. Net debt stands at ₹2.8B. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹9.43 (bear case) to ₹15.71 (bull case); at ₹9.96, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 29% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -41% fair-value upside, at 26%, BAIDFIN screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹11.19 ₹11.27 ₹10.75 76
Gordon GGM ₹0.6000 ₹1.09 ₹1.49 70
P/E Multiple ₹9.43 ₹12.57 ₹15.71 63
All 9 models by family
DCF Models
Owner Earnings ₹6.96 ₹30.79 31
Earnings-Based
Graham-Dodd ₹6.57 ₹45.85 ₹64.34 54
Lynch FV ₹14.58 ₹20.83 ₹27.07 50
Dividend Discount
Gordon GGM ₹0.6000 ₹1.09 ₹1.49 70
DDM Multi-Stage ₹0.6000 ₹0.9900 ₹1.16 61
Multiples
P/E Multiple ₹9.43 ₹12.57 ₹15.71 63
P/B Multiple ₹12.33 ₹16.44 ₹20.54 55
Asset-Based
NCAV (Graham) ₹7.51 ₹10.07 ₹15.03 50
Economic Profit
Residual Income ₹11.19 ₹11.27 ₹10.75 76

Widest divergence: Earnings-Based (₹20.83) versus Dividend Discount (₹0.9900). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹576M
Revenue growth (YoY) +59.7%
Net margin 26.0%
Return on equity 7.3%
Free cash flow −₹690M FY2026
P/E ratio 8.4
More key figures
Operating margin 31.5%
EPS (TTM) ₹1.15
EPS growth (YoY) +28.2%
Net debt ₹2.8B FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 29/100

Of which business quality 27 · Market factors (momentum, volatility) 37

Profitability 30
Margins and returns on capital today
Quality Growth 64
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 27
Balance sheet, leverage, solvency risk
Investment 48
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 20
Distance to the 52-week high (market factor)
Net Issuance 5
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Baid Finserv Limited operates as a non-banking finance company in India. The company provides car loans, commercial vehicle loans, tractors, small and medium enterprise loans, loan against property, construction equipment loans, and other asset backed loans. It also offers life, dwelling, and motor insurance products.

Full company description

Baid Finserv Limited operates as a non-banking finance company in India. The company provides car loans, commercial vehicle loans, tractors, small and medium enterprise loans, loan against property, construction equipment loans, and other asset backed loans. It also offers life, dwelling, and motor insurance products. Baid Finserv Limited was formerly known as Baid Leasing and Finance Co. Ltd. and changed its name to Baid Finserv Limited in July 2022. The company was incorporated in 1991 and is based in Jaipur, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Baid Finserv Limited reported revenue of ₹992M in FY2026 versus ₹470M in FY2022, a compound +20.5%/yr. Reported net income was ₹150M in FY2026, compounding +14.3%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹992M
Latest YoY
+22.6%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+23.0%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.0%
Avg. growth/yr (18Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+22.9%
Revenue +20.5%/yr
FY22 ₹470M
FY23 ₹533M
FY24 ₹628M
FY25 ₹809M
FY26 ₹992M
Net income +14.3%/yr
FY22 ₹87.9M
FY23 ₹104M
FY24 ₹129M
FY25 ₹134M
FY26 ₹150M
Character of growth · EPS growth decomposed (2015-2026) +13.4 % p.a.
Revenue per share +11.3 pp

of which total revenue +17.9 pp · buybacks/dilution −6.6 pp

EBIT margin +1.9 pp
Tax rate +0.8 pp
Residual (interest, one-offs) −0.5 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Baid Finserv Limited Fair Value". https://www.fairvalue-calculator.com/stock/BAIDFIN

Peer Group

Credit Services · 333 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 30 · Bottom 25%
Fair Value upside +26% · Above median
Return on equity (TTM) 7% · Below median
Return on assets 3% · Above median
Net margin (TTM) 26% · Above median
Operating margin (TTM) 32% · Below median
Revenue growth 60% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 1.23× · Higher than median

Valuation Multiples vs Credit Services median · lower = cheaper

P/E (TTM) 8.4× · Cheaper than median
P/B 0.64× · Cheaper than median
P/S (TTM) 2.60× · Pricier than median
EV/EBITDA 20.3× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 68 · sector 39
FUTURE 100 · sector 39
PAST 29 · sector 32
HEALTH 39 · sector 59
DIVIDEND 0 · sector 49

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Credit Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Visa Inc V $348.97 $204.19 -41%
Mastercard Incorporated MA $537.70 $221.87 -59%
American Express Company AXP $358.44 $206.40 -42%
Bajaj Finance Limited BAJFINANCE ₹1,056 ₹397.61 -62%
Shriram Finance Limited SHRIRAMFIN ₹1,024 ₹553.83 -46%
Cholamandalam Investment and Finance Company CHOLAFIN ₹1,808 ₹796.52 -56%
Tata Capital Limited TATACAP ₹360.60 ₹229.85 -36%
Power Finance Corporation PFC ₹405.10 ₹810.20 +100%
Muthoot Finance Limited MUTHOOTFIN ₹3,129 ₹3,463 +11%
Indian Railway Finance Corporation IRFC ₹88.41 ₹69.72 -21%

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Frequently asked questions

Is Baid Finserv Limited (BAIDFIN) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹12.57 versus a price of ₹9.96, about +26% (undervalued).
What is the fair value of BAIDFIN?
Our model-based fair value for Baid Finserv Limited is ₹12.57 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹9.96.
What is the quality score of BAIDFIN?
Baid Finserv Limited has a Quality Score of 29/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Baid Finserv Limited (BAIDFIN)?
Baid Finserv Limited reported trailing-twelve-month revenue of about ₹576M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of BAIDFIN?
The net profit margin of Baid Finserv Limited is about 26.0%, meaning it keeps roughly 26.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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