Baid Finserv

- Rights issue for equity fundraising was proposed but later deferred; no current plans to dilute promoter holding or issue rights in the near term. - Current capital adequacy is strong (around 45-46%), with low leverage (~1.4x), giving enough headroom for growth without immediate need for fresh capital. - Borrowings primarily through term loans from banks and large NBFCs; considering issuance of NCDs soon to diversify funding sources. - Major borrowings now come from scheduled banks (e.g., IDFC, Federal Bank, ICICI Bank, ESAF Small Finance Bank, Capital Small Finance Bank, SBI). - Future fundraising plans focus on associating with more banks and large NBFCs for better rates and increased borrowings. - No immediate plans for fresh equity; additional capital raise might be considered once AUM reaches around INR 500 crores.

- Current capex for branch expansion is modest, typically around INR 2-3 lakhs per branch, primarily for basic infrastructure. - Each new branch becomes viable and self-sustainable within 5-6 months with an AUM of INR 3-4 crores. - No major IT or infrastructure splurges on branch setup; emphasis is on efficient, lean operations. - Plans to open 4-5 branches in Maharashtra in the next quarters. - Target branch strength of 75 by FY26. - Considering issuance of Non-Convertible Debentures (NCDs) soon for funding diversification. - Exploring tie-ups with large lenders, NBFCs, and small finance banks for micro-housing loan products. - Focus on technological advancements: usage of LOS, LMS software from Graviton, Collect-ON app, and other digital payment solutions for process efficiency. - No large strategic investments or significant capital expenditure beyond branch expansion and IT tool enhancements mentioned.

- Targeting 20-25% growth year-on-year in both revenues and profit. - Expect total revenue for FY25 around INR 80-85 crores (INR 100 crores considered tough). - Aiming to disburse around INR 200 crores of fresh loans in FY25. - Projecting total AUM of approximately INR 500 crores by end of FY25 and INR 600 crores by FY26. - Plan to expand branch network to 75 locations by FY25. - Introduce new products including electric vehicles and two-wheelers in vehicle loan segment to boost yield. - Will tie up with large lenders, NBFCs, and small finance banks for micro-housing products. - Growth driven by market expansion (Maharashtra entry), technological advancements, and improved risk management tools.

- Baid Finserv expects 20% to 25% growth in profit and income in the coming year (FY25). - Revenue for FY25 is projected around INR80-85 crores, though INR100 crores looks tough. - AUM is targeted at around INR500 crores by the end of FY25, with plans to reach INR600 crores by FY26. - They aim to expand the branch network to 75 locations by FY26 from around 70 currently. - EBITDA showed strong growth of 30% in FY24 with a margin of 62.7%, net profit increased 24.6% with a margin of 19.5%. - Earnings per share grew 11.3% in FY24; future growth in EPS is expected aligned with profit growth. - Continuous addition of new product portfolios, including electric vehicles and two-wheelers, is expected to improve yields and margins. - Cost of borrowing is expected to reduce by approximately 25 basis points, possibly enhancing NIMs marginally beyond the current 10.5%-11%.

- Baid Finserv aims to achieve an AUM (Assets Under Management) of around INR 500 crores by the end of FY 2025. - Plans to further increase the loan book to INR 600 crores by FY 2026. - Targets a 25% to 30% annual increase in AUM going forward. - Fresh disbursement target for the current year is around INR 200 crores. - With principal collections and closures, they expect an addition of approximately INR 120 crores to the existing AUM. - Currently maintaining a capital adequacy of around 45%, allowing expansion without fresh capital infusion for roughly 2 years. - The company plans branch expansion to 75 branches by FY 2026 to support growth in the orderbook. - Expected to leverage up to 2 to 3 times, which will improve volumes and ROE.