Viji Finance Ltd

Viji Finance Ltd

₹ 2.90 -2.03%
12 Jul - close price
About

Incorporated in 1994, Viji Finance Ltd is engaged in providing financial services[1]

Key Points

Business Overview[1][2][3]
Company is a Non Systematically Important
Non Deposit Taking Non-Banking Finance Company registered with RBI. It provides
working capital loans to corporates and most of the loans are unsecured. Loans are only extended to borrowers the promoter is familiar.

  • Market Cap 41.3 Cr.
  • Current Price 2.90
  • High / Low 3.48 / 1.05
  • Stock P/E 344
  • Book Value 0.86
  • Dividend Yield 0.00 %
  • ROCE 1.62 %
  • ROE 0.99 %
  • Face Value 1.00

Pros

Cons

  • Stock is trading at 3.38 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -1.69%
  • Company has a low return on equity of 2.82% over last 3 years.
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
0.04 0.28 0.28 0.30 0.32 0.54 0.70 0.34 0.46 0.45 0.42 0.51 0.55
-0.12 0.05 0.19 0.16 0.24 0.10 0.13 0.20 0.50 0.23 0.22 0.33 0.41
Operating Profit 0.16 0.23 0.09 0.14 0.08 0.44 0.57 0.14 -0.04 0.22 0.20 0.18 0.14
OPM % 400.00% 82.14% 32.14% 46.67% 25.00% 81.48% 81.43% 41.18% -8.70% 48.89% 47.62% 35.29% 25.45%
0.02 0.00 0.00 0.00 0.05 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.01 0.01 0.01 0.02 0.03 0.04 0.04 0.08 0.04 0.03 0.04 0.06 0.05
Depreciation 0.01 0.01 0.02 0.03 0.02 0.09 0.09 0.09 0.09 0.09 0.09 0.09 0.09
Profit before tax 0.16 0.21 0.06 0.09 0.08 0.32 0.44 -0.03 -0.17 0.10 0.07 0.03 0.00
Tax % 37.50% 28.57% 33.33% 22.22% 25.00% 25.00% 25.00% 33.33% 23.53% 30.00% 28.57% 33.33%
0.10 0.16 0.05 0.07 0.06 0.24 0.32 -0.02 -0.13 0.07 0.05 0.03 0.00
EPS in Rs 0.01 0.01 0.00 0.00 0.00 0.02 0.02 -0.00 -0.01 0.00 0.00 0.00 0.00
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.74 1.30 1.32 1.37 1.61 2.31 1.76 0.99 0.94 1.22 2.09 1.93
0.15 0.32 0.31 0.69 0.55 0.32 0.99 0.71 0.26 0.63 0.94 1.19
Operating Profit 0.59 0.98 1.01 0.68 1.06 1.99 0.77 0.28 0.68 0.59 1.15 0.74
OPM % 79.73% 75.38% 76.52% 49.64% 65.84% 86.15% 43.75% 28.28% 72.34% 48.36% 55.02% 38.34%
0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.00
Interest 0.10 0.11 0.04 0.06 0.07 0.04 0.05 0.03 0.04 0.06 0.19 0.18
Depreciation 0.03 0.03 0.05 0.05 0.05 0.04 0.05 0.05 0.05 0.08 0.35 0.36
Profit before tax 0.56 0.84 0.92 0.57 0.94 1.91 0.67 0.20 0.59 0.50 0.61 0.20
Tax % 30.36% 30.95% 35.87% 40.35% 36.17% 25.65% 49.25% 25.00% 25.42% 10.00% 26.23% 40.00%
0.39 0.58 0.60 0.34 0.61 1.42 0.34 0.14 0.44 0.44 0.44 0.12
EPS in Rs 0.07 0.04 0.04 0.02 0.04 0.10 0.02 0.01 0.03 0.03 0.03 0.01
Dividend Payout % 53.85% 64.66% 37.50% 66.18% 12.30% 5.81% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 4%
5 Years: 2%
3 Years: 27%
TTM: -8%
Compounded Profit Growth
10 Years: -15%
5 Years: -19%
3 Years: -35%
TTM: -73%
Stock Price CAGR
10 Years: -3%
5 Years: 54%
3 Years: 41%
1 Year: 123%
Return on Equity
10 Years: 5%
5 Years: 3%
3 Years: 3%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 3.00 7.50 7.50 7.50 7.50 8.25 8.25 8.25 8.25 8.25 8.25 8.25
Reserves -0.03 0.56 0.88 0.96 1.47 2.15 2.38 2.53 2.97 3.41 3.85 3.97
1.16 0.71 0.45 1.05 2.58 2.72 3.48 3.84 3.55 4.72 9.18 13.36
0.47 0.77 0.51 0.51 0.53 0.76 0.91 1.13 1.02 1.18 1.33 0.94
Total Liabilities 4.60 9.54 9.34 10.02 12.08 13.88 15.02 15.75 15.79 17.56 22.61 26.52
0.29 0.27 0.24 0.45 0.34 0.30 0.28 0.24 0.19 0.68 2.30 1.95
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.02 0.02 0.11 0.03 0.13 0.15 0.41 0.16 0.15 0.16 0.15 0.05
4.29 9.25 8.99 9.54 11.61 13.43 14.33 15.35 15.45 16.72 20.16 24.52
Total Assets 4.60 9.54 9.34 10.02 12.08 13.88 15.02 15.75 15.79 17.56 22.61 26.52

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.53 1.12 0.84 0.24 -1.01 -0.40 -0.69 -0.46 0.73 -1.05 -2.47 -4.15
-0.31 -0.01 -0.10 -0.25 -0.05 -0.02 -0.39 0.16 -0.02 -0.58 -1.96 0.09
-0.05 -1.30 -0.57 0.27 1.31 0.10 0.74 0.36 -0.30 1.18 4.47 4.17
Net Cash Flow 0.17 -0.19 0.17 0.26 0.25 -0.33 -0.34 0.05 0.41 -0.46 0.04 0.11

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 59.19 0.00 0.00 0.00 0.00 0.00 55.99 11.06 11.65 0.00 0.00 0.00
Inventory Days
Days Payable
Cash Conversion Cycle 59.19 0.00 0.00 0.00 0.00 0.00 55.99 11.06 11.65 0.00 0.00 0.00
Working Capital Days -143.04 -171.27 -127.20 -119.89 -124.69 -126.41 -101.62 -361.31 -372.77 -308.16 -193.85 -117.25
ROCE % 16.12% 14.73% 10.91% 6.87% 9.59% 15.81% 5.29% 1.60% 4.29% 3.60% 4.25% 1.62%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jul 2024
52.23% 52.23% 52.23% 52.23% 51.07% 51.47% 51.39% 45.97% 44.97% 39.83% 49.63% 47.94%
0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
47.77% 47.77% 47.77% 47.77% 48.91% 48.51% 48.62% 54.04% 55.03% 60.18% 50.38% 52.08%
No. of Shareholders 16,17921,84723,71226,18528,35030,80736,95144,39148,21851,32154,79353,559

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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