MarketFriction

Viji Finance Ltd

NSE VIJIFIN · BSE 537820 · Non Banking Financial Company (NBFC)
₹15.16 -1.94%
NSE close2026-10-01
52 week range2.01 - 17.24
Market cap₹365 Cr.
P/E88.3
ESM Price band 5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue0.420.510.550.530.610.590.590.570.581.592.350.89
Interest0.040.060.050.050.110.160.140.180.170.100.080.18
Expenses0.220.330.410.540.700.590.070.730.510.270.230.29
Financing Profit0.160.120.09-0.06-0.20-0.160.38-0.34-0.101.222.040.42
Financing Margin %38.10%23.53%16.36%-11.32%-32.79%-27.12%64.41%-59.65%-17.24%76.73%86.81%47.19%
Other Income0.000.000.000.000.010.150.440.090.08-0.020.001.19
Depreciation0.090.090.090.080.090.090.090.080.080.080.080.08
Profit before tax0.070.030.00-0.14-0.28-0.100.73-0.33-0.101.121.961.53
Tax %28.57%33.33%-28.57%-10.71%0.00%8.22%0.00%0.00%16.07%-9.69%25.49%
Net Profit0.050.030.00-0.10-0.24-0.100.68-0.33-0.100.942.151.14
EPS in Rs0.000.000.00-0.01-0.02-0.010.05-0.02-0.010.070.150.07
Gross NPA %
Net NPA %
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue1.371.612.311.760.990.941.222.091.932.585.245.41
Interest0.060.070.040.050.030.040.060.190.200.500.640.53
Expenses0.690.550.320.990.710.260.630.941.171.861.631.30
Financing Profit0.620.991.950.720.250.640.530.960.560.222.973.58
Financing Margin %45.26%61.49%84.42%40.91%25.25%68.09%43.44%45.93%29.02%8.53%56.68%66.17%
Other Income0.000.000.000.000.000.000.050.000.000.350.001.25
Depreciation0.050.050.040.050.050.050.080.350.360.350.330.32
Profit before tax0.570.941.910.670.200.590.500.610.200.222.644.51
Tax %40.35%36.17%25.65%49.25%25.00%25.42%10.00%26.23%40.00%22.73%25.38%
Net Profit0.340.611.420.340.140.440.440.440.120.171.974.13
EPS in Rs0.020.040.100.020.010.030.030.030.010.010.140.28
Dividend Payout %66.18%12.30%5.81%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth14%41%36%129%
Compounded Profit Growth19%35%65%41200%
Stock Price CAGR6%70%124%417%
Return on Equity5%4%4%9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital7.507.507.508.258.258.258.258.258.258.2514.2514.25
Reserves0.880.961.472.152.382.532.973.413.853.977.149.11
Borrowing0.451.052.582.723.483.843.554.729.2713.3612.597.25
Other Liabilities0.510.510.530.760.911.131.021.181.320.951.083.04
Total Liabilities9.3410.0212.0813.8815.0215.7515.7917.5622.6926.5335.0633.65
Fixed Assets0.240.450.340.300.280.240.190.682.301.951.711.38
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.110.030.130.150.410.160.150.160.150.050.051.95
Other Assets8.999.5411.6113.4314.3315.3515.4516.7220.2424.5333.3030.32
Total Assets9.3410.0212.0813.8815.0215.7515.7917.5622.6926.5335.0633.65
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.840.24-1.01-0.40-0.69-0.460.73-1.05-2.47-4.15-2.882.19
Cash from Investing Activity-0.10-0.25-0.05-0.02-0.390.16-0.02-0.58-1.960.09-0.11-1.90
Cash from Financing Activity-0.570.271.310.100.740.36-0.301.184.474.178.24-5.35
Net Cash Flow0.170.260.25-0.33-0.340.050.41-0.460.040.115.25-5.06
Free Cash Flow0.82-0.12-0.95-0.40-0.71-0.480.73-1.63-4.44-4.16-2.992.19
CFO/OP83%35%-85%-12%-29%-164%107%-178%-215%-534%-389%62%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %7.30%4.04%7.00%14.66%3.23%1.31%4.00%3.85%3.70%0.99%1.01%8.80%
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Aug 2026
Promoters39.83%49.63%51.02%53.71%53.71%53.71%53.71%53.71%53.02%47.68%39.31%29.68%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.25%0.21%0.15%
Public60.18%50.38%48.99%46.30%46.30%46.29%46.29%46.29%46.99%52.07%60.49%70.16%
No. of Shareholders51,32154,79353,38154,02560,65862,71362,99462,79262,15061,97360,31958,652

Fundamentals

Market Cap₹ 365 Cr.
Current Price₹ 15.8
Stock P/E88.3
Book Value₹ 1.64
ROCE10.2 %
ROE8.80 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)129%
Compounded Profit Growth (TTM)41200%
Standalone figures.
Valuation
Market capRs 216 Cr
Enterprise valueRs 223 Cr
P/E (TTM)52.31x
Price to book9.25x
Price to sales39.93x
EV / EBITDA41.57x
EV / EBIT44.21x
EV / sales41.19x
Price to cash flow98.64x
Earnings yield1.91%
P/E, 3-year average121.51x
P/B, 3-year average1.60x
P/E, 5-year average89.33x
P/B, 5-year average1.57x
Profitability
Operating margin (excl. other income)68.89%
Operating margin (incl. other income)68.89%
EBITDA margin99.08%
Pre-tax margin83.36%
Net profit margin76.34%
Net margin, latest quarter128.09%
ROE8.80%
ROCE10.16%
ROA5.73%
ROE, 3-year average3.60%
ROCE, 3-year average4.76%
ROA, 3-year average2.26%
ROE, 5-year average3.67%
ROCE, 5-year average4.42%
ROA, 5-year average2.32%
ROIC (approx.)12.47%
Tax rate25.38%
Growth
Sales growth (latest year)103.10%
Profit growth (latest year)1058.82%
Sales CAGR, 3 years35.85%
Sales CAGR, 5 years41.01%
Profit CAGR, 3 years64.82%
Profit CAGR, 5 years34.96%
Sales growth QoQ-62.13%
Profit growth QoQ-46.98%
Sales growth YoY (latest quarter)56.14%
Per share
EPS (TTM)Rs 0.29
EPS (latest year)Rs 0.14
EPS (latest quarter)Rs 0.08
EPS, 3-year averageRs 0.05
EPS, 5-year averageRs 0.05
Book value per shareRs 1.64
Sales per shareRs 0.38
Cash flow per shareRs 0.15
Free cash flow per shareRs 0.15
Efficiency
Asset turnover0.16x
Fixed asset turnover3.80x
Leverage
Total debtRs 7 Cr
Cash and bankRs 0 Cr
Net debtRs 7 Cr
Debt to equity0.31x
Net debt / EBITDA1.27x
Interest coverage9.51x
Owners' fund to total sources69.42%
Debt to assets21.55%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs -5 Cr
Net Cash Flow (latest year)Rs -5 Cr
Free cash flow (latest year)Rs 2 Cr
FCFE (approx.: FCF + change in debt)Rs -3 Cr
Cash from ops / profit, 5 years-2.66x
Sales to cash flow2.39x
Statement figures
Net sales (TTM)Rs 5 Cr
Net sales (latest year)Rs 5 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Operating profit (latest quarter)Rs 1 Cr
EBITDA (TTM)Rs 5 Cr
PBDT (TTM)Rs 5 Cr
Profit before tax (TTM)Rs 5 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 4 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 2 Cr
Total income (latest year)Rs 5 Cr
Share capitalRs 14 Cr
ReservesRs 9 Cr
Shareholders' fundsRs 23 Cr
Total assetsRs 34 Cr
Net blockRs 1 Cr
InvestmentsRs 2 Cr
Other liabilitiesRs 3 Cr
Shares outstanding (crore)14.25
Ownership
Promoter holding29.68% (-24.03 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 52.3 is at the 30th percentile of its own 9.1-year range (median 71.2, low 6.5, high 383.6).
P/B 9.25 is at the 94th percentile (median 2.67).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodVIJIFINNifty 50Difference
1 week-6.5%-2.8% -3.8 pts
1 month-3.1%-6.8% +3.7 pts
3 months+118.1%-7.6% +125.7 pts
6 months+424.6%+0.4% +424.2 pts
1 year+439.5%-9.9% +449.4 pts
2 years+516.3%-13.6% +529.8 pts
3 years+697.9%+14.2% +683.7 pts
5 years+878.1%+27.9% +850.2 pts

Red flags

F-score 8 of 8
explainWeak cash conversion Cash from operations was -214% of net profit over the last 3 years
lookAuditor change Auditor change 2026-09-02: Viji Finance Limited has informed the Exchange regarding Change in Auditors of the company.
lookOn NSE surveillance On NSE surveillance: ESM
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Revenue ₹1 Cr +56.1% vs Jun 2025. Net profit ₹1 Cr +445.5%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-23Annual General Meeting
2024-05-15Rights 8:11 @ Premium Re 0.50/-
2023-09-08Annual General Meeting
2022-09-19Annual General Meeting
2021-09-20 Annual General Meeting
2020-09-24 Annual General Meeting
2019-09-19 Annual General Meeting
2018-09-12 Annual General Meeting/Dividend Re 0.01 Per Share
2017-08-04 Bonus 1:100.9091
2017-07-13 Dividend - Re 0.01 Per Share
2016-10-25 Fv Splt Frm Rs 10 To Re 10.1000
2016-09-22 Annual General Meeting/Dividend - Re 0.30 Per Share
DateTypeWhat it says
2026-09-28General UpdatesGeneral Updates
2026-09-12General UpdatesGeneral Updates
2026-09-04General UpdatesGeneral Updates
2026-09-02Board meeting outcomeOutcome of Board Meeting held on September 02, 2026.
2026-09-02Change in AuditorsChange in Auditors of the company.
2026-08-26AllotmentAllotment of 10000000 securities pursuant to Preferential Issue at its meeting held on August 26, 2026
2026-08-26Committee Meeting UpdatesOutcome of Committee Meeting held on August 26, 2026.
2026-08-24Change in AuditorsChange in Auditors of the company.
2026-08-20General UpdatesGeneral Updates
2026-08-14General UpdatesGeneral Updates
2026-08-13Change in ManagementChange in Management
2026-08-13Amendment to AOA/MOAThe Amendment to AOA/MOA of the company.
2026-08-13Shareholder meetingVoting results.
2026-08-13Shareholder meetingProceedings of Annual General Meeting held on August 13, 2026
2026-08-12AllotmentAllotment of 15000000 securities pursuant to Preferential Issue at its meeting held on August 12, 2026
2026-08-12Committee Meeting UpdatesOutcome of Committee Meeting held on August 12, 2026.
2026-08-05General UpdatesGeneral Updates
2026-07-30General UpdatesGeneral Updates
2026-07-24AllotmentAllotment of 14500000 securities pursuant to Preferential Issue at its meeting held on July 24, 2026
2026-07-24Committee Meeting UpdatesOutcome of Committee Meeting held on July 24, 2026.
2026-07-22General UpdatesGeneral Updates
2026-07-21Shareholder meetingNotice of Annual General Meeting to be held on August 13, 2026
2026-07-16Amendment to AOA/MOAThe Amendment to AOA/MOA of the company.
2026-07-14AppointmentAppointment of Ms SAKSHI CHOURASIYA as Independent Director of the company w.e.f. July 14, 2026.
2026-07-14CessationCessation of Mrs SEJAL RIDDHESH SHAH as Non- Executive Director of the company w.e.f. July 14, 2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
ESM: stage 1
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03