Baragwanathia differed from such taxa as Asteroxylon by the presence of vascular tissue in its leaves—Asteroxylon had enations without vascular tissue. The sporangia were borne in the axils of the leaves, which were spirally arranged. By comparison, the closely related genus Drepanophycus of the same period bore its sporangia on the upper surface of specialized leaves known as sporophylls. Baragwanathiavaried in size, with stems up to a few cm in diameter and up to a few metres in length. They were erect or arched, dichotomized occasionally, and had adventitious roots arising directly from prostrate stems. As in Asteroxylon the vascular bundle in the stems was an exarchactinostele, with a star-shaped arrangement of tracheids of a primitive annular or helical type. Leaves were unbranched strap-shaped microphylls with a single prominent vascular thread, arranged spirally on the stem. The sporangia were borne in the axils of the leaves, broader than long, dehiscing by a transversely-orientated slit. Spores were trilete isospores. The gametophyte of Baragwanathia is currently unknown. The species Baragwanathia brevifolia, described in 2017 from a single fossil specimen, had smaller microphylls than other species of Baragwanathia. It had marine species attached to it, and apparently growing on it, showing that at least the lower part of the plant grew in marine water. As it is one of the oldest lycophyte fossils, the implication is that land-based lycophytes evolved from aquatic precursors.
Age
The age of Baragwanathia has been uncertain because the fossils described by Lang and Cookson at first appeared to be of Late Silurian age, associated as they were with the graptolite genus Monograptus. This would make the species by far the most advanced known plant of the time. However, the Silurian dating of the deposit in Victoria, Australia which produced the type specimens of Baragwanathia longifolia was later disproved, as Monograptus was later proved to persist into the Early Devonian. Since then, specimens from a different Victorian locality have been found that occur with veritable Late Silurian graptolites. The species Baragwanathis brevifolia has been dated to the lower Pridoli, about. The genus Baragwanathia persisted at least until the Emsian and probably had a worldwide distribution.