VIJIFIN
Viji Finance financials
- Market cap
- ₹361 Cr
- Sector
- Financial Services
What Viji Finance Limited does
Viji Finance Limited is a Madhya Pradesh-based Non-Banking Financial Company engaged in providing financial services, registered as a Non-Systemically Important, Non-Deposit-Accepting NBFC under Section 45-IA of the RBI Act. Under RBI's Scale Based Regulation framework it is categorised as an NBFC-Base Layer entity. The company previously held a wholly-owned housing finance subsidiary, Viji Housing Finance Limited, until the board disposed of that investment on 10th January 2024, after which it ceased to be a subsidiary and the company continued as a standalone lending entity.
- NBFC regulatory classification
- NBFC-Base Layer (Non-Systemically Important, Non-Deposit-Accepting)
Quarterly results
Q3 FY24: revenue up 50.0%, net profit up 200.0% against the same quarter last year.
| Line item | Q4 FY22 | Q1 FY23 | Q2 FY23 | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 1 | 1 | 0 | 0 +44% | 0 −17% | 0 −40% | 1 +50% |
| Net profit | 0 | 0 | 0 | -0 | -0 −317% | 0 −71% | 0 −84% | 0 +200% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +383.6% 1Y
1Y: ₹3.23 on 10 Sept 2025 → ₹15.62. High ₹16.91 (7 Sept 2026), low ₹2.01 (18 Feb 2026).
Financials, as filed
Revenue grew 72.9% a year over 1 year, FY22 to FY23.
| Year ending | FY22 | FY23 |
|---|---|---|
| Revenue | ₹1 Cr | ₹2 Cr |
| Interest | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr |
| Net profit | ₹0 Cr | ₹0 Cr |
| Net margin | 28.8% | 19.6% |
| Cash from operations | ₹-1 Cr | ₹-2 Cr |
| Free cash flow | ₹-2 Cr | ₹-4 Cr |
| ROE | 3.9% | 3.6% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|---|
| Equity capital | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr |
| Reserves | ₹2 Cr | ₹2 Cr | ₹3 Cr | ₹3 Cr | ₹4 Cr | ₹4 Cr |
| Borrowings | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹5 Cr | ₹9 Cr | ₹12 Cr |
| Other liabilities | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Total liabilities | ₹15 Cr | ₹16 Cr | ₹16 Cr | ₹17 Cr | ₹23 Cr | ₹25 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹2 Cr | ₹2 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹15 Cr | ₹16 Cr | ₹16 Cr | ₹17 Cr | ₹20 Cr | ₹23 Cr |
| Total assets | ₹15 Cr | ₹16 Cr | ₹16 Cr | ₹17 Cr | ₹23 Cr | ₹25 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Aug 2026
Since Sep 2025, promoters trimmed −24.03 pp while the public added +23.87 pp. The shareholder count shrank 7% to 58,652.
- Promoters
- 29.7%
- DIIs
- 0.1%
- Public
- 70.2%
Since Sep 2025
- Promoters −24.03 pp
- Public +23.87 pp
- DIIs +0.15 pp
How it drifted, 12 quarters
Over this window promoters fell from 49.6% to 29.7% — −19.9 pp.
Ownership split by quarter, oldest first. Mar '24: Promoters 49.6%, Public 50.4%.Jun '24: Promoters 51.0%, Public 49.0%.Sep '24: Promoters 53.7%, Public 46.3%.Dec '24: Promoters 53.7%, Public 46.3%.Mar '25: Promoters 53.7%, Public 46.3%.Jun '25: Promoters 53.7%, Public 46.3%.Sep '25: Promoters 53.7%, Public 46.3%.Dec '25: Promoters 53.0%, Public 47.0%.Mar '26: Promoters 47.7%, DIIs 0.3%, Public 52.1%.Jun '26: Promoters 39.3%, DIIs 0.2%, Public 60.5%.Jul '26: Promoters 33.0%, DIIs 0.2%, Public 66.8%.Aug '26: Promoters 29.7%, DIIs 0.1%, Public 70.2%.
Who bought this quarter
since Jul 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Ashik D Sanghvi Huf newly disclosed 3.39% held
- Kunal D Sanghvi Huf newly disclosed 3.39% held
- Investor Education and Protection Fund (IEPF) newly disclosed 0.76% held
- Bodies Corporate Corporate newly disclosed 0.16% held
- Key Managerial Personnel newly disclosed 0.02% held
The same filing shows 18 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Aug 2026 filing
Every holder of Viji Finance Limited above SEBI's 1% disclosure line, and what changed since Jul 2026.
| Holder | Stake | Change |
|---|---|---|
| Vijay Kothari | 17.27% | −1.14 pp |
| Shilpa Kothari | 11.79% | −0.86 pp |
| Dhirajlal V Sanghvi Huf | 3.39% | −0.25 pp |
| Sagar D Sanghvi Huf | 3.39% | −0.25 pp |
| Ashik D Sanghvi Huf | 3.39% | newly disclosed |
| Kunal D Sanghvi Huf | 3.39% | newly disclosed |
| Vishw Jayesh Vora | 2.65% | −0.19 pp |
| Nimit Manoj Rathod | 1.81% | −0.13 pp |
| Aryaman Kothari | 1.80% | −0.13 pp |
| Sumita Rahul Jain | 1.63% | −0.12 pp |
| Arunaben Arvindkumar Jain | 1.63% | −0.12 pp |
| Vandana Ashokbhai Jain | 1.63% | −0.12 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Viji Finance Limited
Guides on how to read this kind of business and the numbers that matter.