As of 6 Nov 2026, Viji Finance trades at 41.1× trailing earnings, and the shares are 21% below their 52-week high. Net profit grew 66% a year over 3 years, with ROE of 14%. ROCE and debt-to-equity are not meaningful for banks and lenders; it trades at 6.17× book value. It is a small-cap company with a market cap of ₹313 Cr, ranked 62nd of 193 Credit Services companies by market cap; the shares rose 374% over the past year.
- ₹13.57
- ₹13.57
- ₹13.57
- ₹13.84
- 43.5K
Health check
- ReturnsAhead
+374.0% over a year, better than 7 of 7 peers.
- Price tagPricier
P/B 6.17 vs peer median 2.62.
- GrowthStrong
Profit +65.8% a year over 3 years.
- ProfitabilityAverage
ROE 14.1% vs peer median 18.7%.
- Balance sheetSolid
Return on assets 11.11%. Bad-loan data isn’t covered.
- Red flags1 to check
Promoter stake down from 35.5% to 30.1%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹313 Cr
- Small cap
- P/E
- 41.1
- Industry 15.5
- Price to book
- 6.17
- Peers 2.62
- Dividend yield
- 0.00%
- ROE
- 14.1%
- Peers 18.7%
- ROCE
- n/m
- Not meaningful for lenders
- Debt to equity
- n/m
- Not meaningful for lenders
- EPS (TTM)
- ₹0.33
- Face value ₹1
- OPM (TTM)
- 75.7%
- Net margin 61.0%
- Sales growth
- n/m
- Not meaningful for lenders
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 37.84
Strengths and risks
Risks to check
- Promoter stake down from 35.5% to 30.1%.
About Viji Finance
Viji Finance Limited, a non-banking finance company, provides financial products and services in India. It offers personal and business loans, loans against property, gold and education loans, corporate and housing finance, infrastructure/project finance, personal finance, and medical equipment loan services. Viji Finance Limited was formerly known as Panjon Finance Limited and changed its name to Viji Finance Limited in September 2012. Viji Finance…
- Headquarters
- Indore
- Employees
- 3
- Sector
- Financial Services
- ISIN
- INE159N01027
- Website
- vijifinance.com
Price range
- Avg volume (3M)
- 3 L
- 1-year return
- plus 374.0%
- From 52-week high
- minus 21.3%
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% |
| VIJIFINViji Finance | 13.57 | minus 1.95% | 313 | 41.1 | 6.17 | 14.1% | 11.1% | 65.8% | 0.00% | plus 374.0% |
| 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 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 0.6 | 1.6 | 2.3 | 0.9 | 2.8 | |
| 0.7 | 0.3 | 0.3 | 0.6 | 0.7 | |
| −0.1 | 1.3 | 2 | 0.3 | 2.1 | |
| −17.1% | 82.1% | 86.9% | 35.6% | 75.4% | |
| 0.1 | −0 | 0 | 1.3 | 0.1 | |
| – | 0.1 | – | – | 0.1 | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| −0.1 | 1.1 | 2 | 1.5 | 2 | |
| 4.0% | 15.5% | −9.5% | 25.6% | 25.1% | |
| −0.1 | 0.9 | 2.1 | 1.1 | 1.5 | |
| -0.01 | 0.07 | 0.15 | 0.07 | 0.07 |
Profit & loss
- Profit CAGR 3Y
- +65.8%
- EPS CAGR 3Y
- +56.1%
- ROE
- 14.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.1 | 1.9 | 2.3 | 5.1 | |
| – | minus 7.6% | +20.8% | +118.6% | |
| 1.1 | 1.4 | 2 | 2.2 | |
| 1 | 0.6 | 0.3 | 2.9 | |
| 48.2% | 29.6% | 14.7% | 57.5% | |
| −0 | −0 | 0.3 | 0.2 | |
| 0 | 0 | 0 | 0.1 | |
| 0.4 | 0.4 | 0.3 | 0.3 | |
| 0 | – | −0 | – | |
| 0.6 | 0.2 | 0.2 | 2.6 | |
| 27.8% | 40.0% | 22.1% | 25.2% | |
| 0.4 | 0.1 | 0.2 | 2 | |
| – | minus 72.2% | +40.3% | +1070.5% | |
| 0.04 | 0.01 | 0.01 | 0.14 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 8.3 | 8.3 | 14.3 | 14.3 | |
| 3.8 | 4 | 7.1 | 9.1 | |
| 9.2 | 13.4 | 12.6 | 7.2 | |
| 1.3 | 0.9 | 1.1 | 3 | |
| 22.6 | 26.5 | 35.1 | 33.7 | |
| 2.3 | 2 | 1.7 | 1.4 | |
| 0.1 | 0.4 | 0.8 | 1.9 | |
| 0.2 | 0.2 | 5.5 | 0.4 | |
| 20 | 24 | 27.1 | 29.9 | |
| 22.6 | 26.5 | 35.1 | 33.7 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −2.5 | −4.2 | −2.9 | 2.2 | |
| −2 | 0.1 | −0.1 | −1.9 | |
| 4.5 | 4.2 | 8.2 | −5.3 | |
| 0.1 | 0.1 | 5.3 | −5.1 | |
| −2 | −0 | −0.1 | – | |
| −4.4 | −4.2 | −3 | 2.2 |
Shareholding pattern
- Promoters30.07%
- Public69.93%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 30.07% | 69.93% | plus 0.39 | |
| 26 Aug 2026 | 29.68% | 70.32% | minus 1.18 | |
| 12 Aug 2026 | 30.86% | 69.14% | minus 2.13 | |
| 24 Jul 2026 | 32.99% | 67.01% | minus 2.50 | |
| 10 Jul 2026 | 35.49% | 64.51% | – |
Major shareholders
Filings & events
News
No recent news coverage found.