Viji Finance Ltd. (IN:VIJIFIN)
:VIJIFIN
Top Page
Viji Finance Ltd.
(VIJIFIN)
Select Model
Select Model
Rating:50Neutral
Price Target:
₹2.50
▼(-11.97% Downside)
Action:ReiteratedDate:03/19/26
The score is held down primarily by weak financial performance, especially negative operating/free cash flow and low net profitability. Technicals are supportive due to an uptrend and positive MACD, but overbought readings raise near-term risk. Valuation is modest on P/E, providing some offset.
Positive Factors
Strong recent revenue growth
A ~60% reported revenue increase indicates meaningful top-line expansion and customer traction. If sustained, this provides a larger lending/book base and scale benefits for an NBFC, improving long-term fee and interest income potential and creating room for operating leverage.
Negative Factors
Consistently negative operating and free cash flow
Persistent negative operating and free cash flow means core operations are not self-financing, forcing reliance on external funding. Over months this raises refinancing risk, limits capacity to grow the loan book organically, and constrains investments in credit quality and infrastructure.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong recent revenue growth
A ~60% reported revenue increase indicates meaningful top-line expansion and customer traction. If sustained, this provides a larger lending/book base and scale benefits for an NBFC, improving long-term fee and interest income potential and creating room for operating leverage.
Read all positive factors
Viji Finance Ltd. (VIJIFIN) vs. iShares MSCI India ETF (INDA)
Market Cap
₹458.85M
Dividend YieldN/A
Average Volume (3M)25.74K
Price to Earnings (P/E)9.8
Beta (1Y)-0.52
Revenue Growth39.46%
EPS GrowthN/A
CountryIN
Employees7
SectorFinancial
Sector Strength70
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)0.07
Shares Outstanding142,500,000
10 Day Avg. Volume12,331
30 Day Avg. Volume25,738
Financial Highlights & Ratios
PEG Ratio-75.85
Price to Book (P/B)1.46
Price to Sales (P/S)13.42
P/FCF Ratio-10.45
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Viji Finance Ltd. Business Overview & Revenue Model
Company Description
Viji Finance Limited, a non-banking finance company, provides financial products and services in India. It offers corporate finance, infrastructure/project finance, and personal finance. The company was formerly known as Panjon Finance Limited and...
How the Company Makes Money
null...
Viji Finance Ltd. Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 24.04M | 23.25M | 19.25M | 20.84M | 12.20M | 9.20M |
| Gross Profit | 11.21M | 10.38M | 10.23M | 16.97M | 9.74M | 7.92M |
| EBITDA | -1.46M | -377.00K | 5.54M | 10.01M | 5.78M | 6.42M |
| Net Income | 1.57M | 1.69M | 1.20M | 4.33M | 4.40M | 4.47M |
Balance Sheet | ||||||
| Total Assets | 344.41M | 350.54M | 253.63M | 225.54M | 174.63M | 157.44M |
| Cash, Cash Equivalents and Short-Term Investments | 53.54M | 54.94M | 2.42M | 1.80M | 914.00K | 6.02M |
| Total Debt | 115.49M | 125.97M | 120.54M | 91.95M | 46.75M | 35.52M |
| Total Liabilities | 134.80M | 136.66M | 131.87M | 105.17M | 58.59M | 45.80M |
| Stockholders Equity | 209.61M | 213.88M | 121.75M | 120.37M | 116.04M | 111.64M |
Cash Flow | ||||||
| Free Cash Flow | 9.08M | -29.87M | -28.45M | -44.43M | -16.34M | 7.25M |
| Operating Cash Flow | 9.08M | -28.79M | -28.39M | -24.73M | -10.55M | 7.25M |
| Investing Cash Flow | 0.00 | -1.08M | -61.00K | -19.59M | -5.79M | -197.61K |
| Financing Cash Flow | -10.48M | 82.39M | 28.59M | 45.20M | 11.24M | -2.98M |
Viji Finance Ltd. Technical Analysis
Positive
2.84
Price Trends
2.51
Positive
2.64
Positive
2.94
Positive
Market Momentum
0.20
Negative
66.38
Neutral
85.92
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VIJIFIN, the sentiment is Positive. The current price of 2.84 is below the 20-day moving average (MA) of 2.88, above the 50-day MA of 2.51, and below the 200-day MA of 2.94, indicating a bullish trend. The MACD of 0.20 indicates Negative momentum. The RSI at 66.38 is Neutral, neither overbought nor oversold. The STOCH value of 85.92 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:VIJIFIN.
Viji Finance Ltd. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
55 Neutral | ₹197.25M | 9.57 | ― | 1.70% | -93.62% | -115.49% | |
50 Neutral | ₹458.85M | 9.83 | ― | ― | 39.46% | ― | |
48 Neutral | ₹241.01M | -16.07 | ― | ― | -12.64% | -390.34% | |
48 Neutral | ₹555.17M | -3.17 | ― | ― | -62.38% | 21.41% | |
41 Neutral | ₹143.22M | 138.56 | ― | ― | ― | ― | |
41 Neutral | ₹186.65M | -8.05 | ― | ― | 797.65% | ― |
* Financial Sector Average
IN:VIJIFIN
Viji Finance Ltd.
3.22
0.91
39.39%
IN:GLFL
Gujarat Lease Financing Limited
5.28
-1.44
-21.43%
IN:KHANDSE
Khandwala Securities Limited
15.80
-6.22
-28.25%
IN:LFIC
Lakshmi Finance & Industrial Corp. Ltd.
―
―
―
IN:ONELIFECAP
Onelife Capital Advisors Limited
14.86
4.77
47.30%
IN:TCIFINANCE
TCI Finance Limited
14.50
2.14
17.31%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.