NSE: VIJIFIN · BSE: 537820
VIJI FINANCE LIMITED
Operates a single finance segment that contributed 100% of segment revenue for the period ended 31 December 2020, while a realties segment was dormant with zero revenue and a small negative EBIT. FY26 total revenue stood at Rs 5.08 crore against total assets of Rs 33.65 crore and net profit of Rs 1.97 crore. There are no material input costs; the cost base is dominated by employee expenses at 11.6% of revenue and other operating expenses at 22.8%, with depreciation at 6.4%. Q1 FY27 revenue from operations rose about 57% year-on-year to Rs 88.80 lakh, though the Rs 113.71 lakh net profit was supported by Rs 118.57 lakh of other income. Capital activity has been heavy, with multiple preferential allotments and warrant conversions during 2026 raising paid-up equity capital from Rs 14.25 crore to Rs 20.60 crore, and the board has proposed lifting authorised share capital from Rs 30 crore to Rs 75 crore subject to shareholder approval at the 32nd AGM. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Finance (100%), Realties (0%). Very small, capital-light finance company with a dormant realty segment and active equity capital raising
Exhibit 1: Financial summary, FY19–FY23 (all audited; no estimate years)
| ₹ crore · consolidated | FY19 | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|---|
| Revenue | 2 | 1 | 1 | 1 | 2 |
| EBITDA (ex other income) | — | 0 | 1 | 1 | 1 |
| margin % | — | 27.6 | 71.3 | 47.5 | 52.2 |
| Owners' profit | — | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 0.04 | 0.02 | 0.05 | 0.05 | 0.05 |
| ROE % · ROCE % | — · 6.5 | 1.3 · — | 4.0 · — | 3.8 · — | 3.6 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | — | — | 1 | (1) | (2) |
| Capex | — | — | 0 | (1) | (2) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q4 FY22 | Q1 FY23 | Q2 FY23 | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 0 | 0 | 0 | (0) | (0) | 0 | 0 | 0 |
| Net profit | 0 | 0 | 0 | (0) | (0) | 0 | 0 | 0 |
| EPS (₹) | 0.01 | 0.03 | 0.04 | 0.00 | (0.02) | 0.01 | 0.01 | 0.00 |
Exhibit 3: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 7 Oct 2026 · Board meeting on Oct 14, 2026 to consider Q2 and H1 FY26 results | board shareholder meetings | low | — | — |
| 6 Oct 2026 · Routine compliance filing: RTA certificate for Q2 FY27 share dematerialization | compliance | minimal | — | — |
| 28 Sept 2026 · Viji Finance gets trading approval for 2.95 crore shares from warrant conversion | capital market events | low | — | — |
| 25 Sept 2026 · Trading window closed from Oct 1, 2026 ahead of Q2 results | compliance | minimal | — | — |
| 12 Sept 2026 · Listing approval received for 2.95 crore shares from warrant conversion | capital market events | low | — | — |
| 4 Sept 2026 · Viji Finance opens new Corporate Office in Mumbai's BKC area | general | low | — | — |
| 2 Sept 2026 · Viji Finance appoints new statutory auditor after prior auditor resigns | management changes | low | — | — |
| 2 Sept 2026 · Viji Finance appoints new statutory auditor to fill casual vacancy | board shareholder meetings | medium | — | — |
| 31 Aug 2026 · Non-promoter acquires 4.33% in Viji Finance via warrant conversion | ownership changes | medium | — | — |
| 26 Aug 2026 · Viji Finance allots 1 Crore shares via warrant conversion; issue now fully closed | fund raising | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.