Announcement
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 13 Aug - 32nd AGM approved authorised capital increase to Rs. 75 crore and appointed/reappointed three directors.
Source: Bse
Viji Finance Limited (VIJIFIN)
Small CapFinancial Services stocks · Small cap · NSE
Viji Finance Limited operates in Finance, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹16.66
-0.33 · -1.94%
Market cap ₹384.9 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 11:44 am ISTDetails
Quote21 Oct, 11:44 am IST
Base fundamentals18 Oct 2026 · screener
Official result overlay30 Sept 2026 · nse-xbrl
Latest result14 Oct, 08:13 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage12/14 · 86%
Valuation2026-07-20 · Rf 6.8% · Financial Services P/E 17.0 (n=243)
Technical timing lens
Trend score and candlestick chart
63Bullishfull bull SMA stack · SMA20 -1.1% / mo · MACD + · near 52W high
Stock trend: 75
Sector RS: 47
Sector 3M: -5.4% vs Nifty 500 -5.6%
Financial Services FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
VIJIFIND candles · FIT view+332.7%TODAY · PROVISIONALLatest price ₹16.66 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
+0.0%
RSI
63
MACD hist
0.22
52W pos
96%
2026-10-21O ₹16.66H ₹16.66L ₹16.66C ₹16.66Vol 1.4L shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
VIJIFINNifty Financial ServicesNifty 500
- VIJIFIN
- +98.0%
- Nifty 500
- -5.6%
- Nifty Financial Services
- -6.0%
- Vs Nifty 500
- +103.6 pp
Chart stats
19 Oct 2026- From 52W high
- -1.5%
- 52W range position
- 98%
- ATR (14)
- 3.4%
- Volume vs 20D
- 0.43x
- Avg traded value
- ₹0.8 Cr
- 20D price channel
- ₹12.2 - ₹17
₹17.2
₹2 - ₹17.2
₹0.6
Latest completed session
20-session average
55.0% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Verify management risk first
Do not let cheap valuation override weak Trust or governance evidence.
U-Score
Legacy · OVERVALUED5
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Average40
Revenue +377.6% · PAT NDF YoY
Technical
Bullish63
Price trend and sector-relative-strength timing.
Valuation
Legacy model-2238.3%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence47
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Sept 2026
Average · 40/100Rev +378% YoY · +211% QoQ
Filed 14 Oct 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹2.8 Cr | +377.6% | +211.2% |
| EBITDA | ₹2.1 Cr | NDF | +253.3% |
| Operating margin | 76.5% | NDF | +911 bps |
| PAT | ₹1.5 Cr | NDF | +32.5% |
| PAT margin | 54.5% | +7175 bps | -7358 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 67.04
- P/B
- 19.65
- EV/EBITDA
- 1470.59
- Market Cap
- 384.85Cr
Profitability
- ROE
- 1.16%
- ROCE
- 1.41%
- ROA
- 0.55%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- -5.00%
- EPS 5Y
- -16.00%
- Revenue 3Y
- 14.00%
- EPS 3Y
- -32.00%
Balance Sheet
- Debt/Equity
- 0.99
- Interest Coverage
- —
- Altman Z
- 6.43
- Book Value
- 0.85
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 1/5
- OCF
- -2.84 Cr
- EPS TTM
- 0.25
Shareholding
- Promoter Hold
- 30.07%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 95%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 2.8+211.2% vs prev
Net Profit
₹ CrLatest: 1.5+32.5% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bullish setupTrend is constructive — long-term uptrend intact. RSI 63.
- Price > SMA20 > SMA50 > SMA200 — full bullish stack.
- SMA20 falling (~1.2% over last month) — short-term momentum negative.
- RSI(14) at 63 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 3% off 52W high · 729% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
99
RS percentile
Stage 2 UptrendEstablished S2
1M return
+13.3%
3M return
+98.0%
6M return
+364.2%
1Y return
+492.0%
RS 1D
0
RS 20D
0
Sector rank
#10
Industry rank
#47
Stage evidence
- Price is 104.5% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +25.8%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
27 Apr 2026
S2 age
124 trading sessions
Sector
weakening
Industry
weakening
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 574.68+3.04%
RS vs Nifty 500575
Valuation & peers
U-Score 5 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 5 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation0/30
Growth3/25
Quality0/20
Balance Sheet3/15
Cash Flow0/10
Piotroski
5/9 (+3)
Penalties
-4
Raw sum
5
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
5/100 · legacy band OVERVALUED
Positive drivers
- Balance sheet contributes 3/15 to the score.
- Growth contributes 3/25 to the score.
- Valuation contributes 0/30 to the score.
Main drags
- Penalty bucket subtracts 4 points.
- Fair-value margin of safety is negative at -2238.3%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Sector valuation model
NBFC valuation: P/B, ROA, borrowing cost, and asset quality
Lenders can look optically cheap before credit losses emerge, so valuation is tied to book quality.
Primary lens
P/B adjusted for ROA/ROE and leverage quality.
Secondary checks
AUM growth, spreads, credit cost, liquidity and ALM risk.
Main risk check
Fast growth with weak asset quality deserves a discount.
PE
67.0
PB
19.6
EV/EBITDA
1470.6
ROE
1.2%
ROCE
1.4%
FCF Yield
—
Debt/Equity
1.0
MoS
-2238.3%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
5
Previous: 5
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-2238.3%
Previous: -2284.6%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
24
24
24
24
24
24
24
30
5
5
5
5
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹2.19
-661.9% MoS
Growth-justified P/E
2.9
Growth-justified Value
₹0.71
-2238.3% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Financial Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
MONEYBOXX
Small
Moneyboxx Finance Limited
NBFC / Capital Markets / Insurance
match 159
13
272.0
0.5%
-903%
OVERVALUED
UYFINCORP
Small
U. Y. Fincorp Limited
NBFC / Capital Markets / Insurance
match 157
15
—
2.4%
—
OVERVALUED
MANCREDIT
Small
Mangal Credit and Fincorp Limited
NBFC / Capital Markets / Insurance
match 157
19
66.8
7.7%
-134%
OVERVALUED
NAHARCAP
Small
Nahar Capital and Financial Services Limited
NBFC / Capital Markets / Insurance
match 156
53
3.3
4.0%
+58%
FAIR VALUE
STARTECK
Small
Starteck Finance Limited
NBFC / Capital Markets / Insurance
match 155
20
10.6
9.5%
-153%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Viji Finance Limited operates in Finance, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Sept 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
47Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 4th percentile of the scored universe and 6th percentile within Financial Services. Main check: cash conversion is weak at 28/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
11 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
4th percentile
overall median 67 · Financial Services: 6th pctile, median 62 · Small: 5th pctile, median 66
Evidence depth
Financial-only
11 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
60
acceptable · holding, pledge, alignment
Cash flow
28
weak · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
28
weak · capital discipline
Results
53
watch · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸3/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Promoter holding fell 23.3%.
- ▸Operating cash flow is negative at ₹-3 Cr.
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸Only 1 years of positive FCF.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Viji Finance Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 14 Jul - Board approved authorized capital increase from Rs 30 crore to Rs 75 crore, pending AGM approval.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Change in Management 14 Jul - Viji Finance appointed Aryaman Kothari as Whole-Time Director for 3 years and reappointed Sakshi Chourasiya for 5 years.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026 from bse
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.