On 6 Nov 2026, Dhvija Finance was priced at ₹11.78, or 11.4× trailing earnings, and the shares are 52% below their 52-week high. Net profit grew 108% a year over 3 years, with ROE of 47%. ROCE and debt-to-equity are not meaningful for banks and lenders; it trades at 2.44× book value. It is a small-cap company with a market cap of ₹58 Cr, ranked 105th of 193 Credit Services companies by market cap; the shares fell 50% over the past year.
- ₹12.28
- ₹12.28
- ₹11.38
- ₹11.70
- 2 L
Health check
- ReturnsBehind
−49.9% over a year, better than 0 of 7 peers.
- Price tagIn line
P/B 2.44 vs peer median 2.62.
- GrowthStrong
Profit +108.1% a year over 3 years.
- ProfitabilityStrong
ROE 47.1% vs peer median 18.7%.
- Balance sheetSolid
Return on assets 24.04%. Bad-loan data isn’t covered.
- Red flags1 to check
52% below its 52-week high.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹58 Cr
- Small cap
- P/E
- 11.4
- Industry 15.5
- Price to book
- 2.44
- Peers 2.62
- Dividend yield
- 0.00%
- ROE
- 47.1%
- Peers 18.7%
- ROCE
- n/m
- Not meaningful for lenders
- Debt to equity
- n/m
- Not meaningful for lenders
- EPS (TTM)
- ₹1.03
- OPM (TTM)
- 51.0%
- Net margin 32.7%
- Sales growth
- n/m
- Not meaningful for lenders
- Profit growth
- +862.3%
- Latest quarter vs a year ago
- Price to sales
- 2.09
Strengths and risks
Strengths
- Return on equity of 47.1%.
- Quarterly profit up 862.3% on a year ago.
Risks to check
- 52% below its 52-week high.
About Dhvija Finance
Dhvija Finance Limited operates as a non-banking financial company in India. The company offers products, such as Personal Loans, Business Loans, and NCD Investments. The company also offers lending services, and accessible financial solutions to individuals, salaried professionals, micro, small and medium enterprises (MSMEs), and businesses. The company was formerly known as F Mec International Financial Services Limited and changed its name to Dhvija…
- Headquarters
- Noida
- Sector
- Financial Services
- ISIN
- INE108T01021
- Website
- fmecinternational.com
Price range
- Avg volume (3M)
- 72.5K
- 1-year return
- minus 49.9%
- From 52-week high
- minus 51.9%
Peers · Credit Services
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BAJFINANCEBajaj Finance | 1,087.75 | plus 1.66% | 6,77,005 | 31.3 | 5.49 | 19.0% | 3.8% | 18.2% | 0.50% | plus 1.2% |
| SHRIRAMFINShriram Finance | 961.15 | minus 0.30% | 2,26,167 | 16.0 | 2.03 | 14.8% | 3.9% | 18.6% | 1.80% | plus 21.0% |
| CHOLAFINCholamandalam Investment and Finance Company | 1,785.00 | plus 1.42% | 1,53,103 | 24.5 | 4.41 | 20.6% | 2.6% | 25.2% | 0.11% | plus 0.8% |
| TATACAPTata Capital | 358.05 | plus 2.93% | 1,50,979 | 25.4 | 3.10 | 14.1% | 2.2% | – | 0.16% | plus 5.6% |
| MUTHOOTFINMuthoot Finance | 2,869.00 | plus 1.06% | 1,15,181 | 9.4 | 2.62 | 31.6% | 6.3% | 43.1% | 1.05% | minus 11.0% |
| PFCPower Finance Corporation | 328.80 | minus 0.18% | 1,08,507 | 4.1 | 0.74 | 18.7% | 2.7% | 17.7% | 4.99% | minus 16.9% |
| IRFCIndian Railway Finance Corporation | 80.43 | plus 0.37% | 1,05,110 | 14.3 | 1.73 | 12.6% | 1.4% | 4.4% | 2.74% | minus 34.4% |
| DHVIJAFINDhvija Finance | 11.78 | plus 0.68% | 58 | 11.4 | 2.44 | 14.8% | – | 108.1% | 0.00% | minus 49.9% |
| Median of 7 peers | – | 1.06% | 1,50,979 | 16.0 | 2.62 | 18.7% | 2.7% | 18.4% | 1.05% | 0.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 1.5 | 1.7 | 2 | 3 | 6.1 | |
| 1 | 1.1 | 1.2 | 2 | 2 | |
| 0.5 | 0.6 | 0.8 | 1 | 4.1 | |
| 32.2% | 34.5% | 41.9% | 34.2% | 66.8% | |
| 0 | 0 | 0.2 | 0 | 0 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0 | |
| – | – | – | – | 0.2 | |
| 0.4 | 0.5 | 1 | 1 | 4.2 | |
| 25.2% | 25.2% | 27.8% | 26.4% | 25.2% | |
| 0.3 | 0.4 | 0.7 | 0.8 | 3.2 | |
| 0.07 | 0.08 | 0.15 | 0.15 | 0.65 |
Profit & loss
- Profit CAGR 3Y
- +108.1%
- EPS CAGR 3Y
- +46.5%
- ROE
- 47.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1 | 3.7 | 6.6 | 10.8 | |
| – | +256.9% | +77.7% | +62.8% | |
| 0.7 | 2.6 | 4.3 | 7.5 | |
| 0.3 | 1.2 | 2.4 | 3.3 | |
| 31.6% | 31.6% | 35.8% | 30.1% | |
| 0 | 0 | 0 | 1.3 | |
| – | 0 | 0 | 0.1 | |
| 0 | 0 | 0.1 | 0.2 | |
| −0 | −0.1 | −0.1 | −1.3 | |
| 0.3 | 1 | 2.2 | 3 | |
| 25.9% | 25.2% | 25.3% | 26.0% | |
| 0.2 | 0.8 | 1.6 | 2.2 | |
| – | +215.7% | +108.6% | +36.8% | |
| 0.14 | 0.21 | 0.33 | 0.45 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.1 | 8.9 | 8.9 | 8.9 | |
| 0.6 | 3.4 | 5 | 7.2 | |
| 1.6 | 2.1 | 12.3 | 11.1 | |
| 0.2 | 0.6 | 1.2 | 2 | |
| 5.5 | 15 | 27.4 | 29.2 | |
| 0 | 0 | 0.7 | 0.5 | |
| 0 | 0 | 0.5 | 1.5 | |
| 0.4 | 1.2 | 1.6 | 0.5 | |
| 5 | 13.8 | 24.7 | 26.7 | |
| 5.5 | 15 | 27.4 | 29.2 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −1.3 | −9.1 | −12.9 | −6.5 | |
| 0.8 | 1.6 | 3.8 | 8.1 | |
| 0.7 | 8.2 | 9.4 | −2.7 | |
| 0.1 | 0.7 | 0.4 | −1 | |
| −0 | – | −0.7 | – | |
| −1.3 | −9.1 | −13.6 | −6.5 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.