Viji Finance Balance Sheet Health

Financial Health criteria checks 3/6

Viji Finance has a total shareholder equity of ₹209.1M and total debt of ₹136.6M, which brings its debt-to-equity ratio to 65.3%. Its total assets and total liabilities are ₹354.0M and ₹144.8M respectively.

Key information

65.3%

Debt to equity ratio

₹136.61m

Debt

Interest coverage ratio	n/a
Cash	₹58.30m
Equity	₹209.13m
Total liabilities	₹144.84m
Total assets	₹353.97m

Recent financial health updates

No updates

Recent updates

Here's Why We Think Viji Finance (NSE:VIJIFIN) Is Well Worth Watching

Apr 06

Here's Why Viji Finance (NSE:VIJIFIN) Has Caught The Eye Of Investors

Sep 29

Viji Finance Limited (NSE:VIJIFIN) Shares May Have Slumped 36% But Getting In Cheap Is Still Unlikely

Feb 13

Financial Position Analysis

Short Term Liabilities: VIJIFIN's short term assets (₹332.7M) exceed its short term liabilities (₹8.2M).

Long Term Liabilities: VIJIFIN's short term assets (₹332.7M) exceed its long term liabilities (₹136.6M).

Debt to Equity History and Analysis

Debt Level: VIJIFIN's net debt to equity ratio (37.4%) is considered satisfactory.

Reducing Debt: VIJIFIN's debt to equity ratio has increased from 28.3% to 65.3% over the past 5 years.

Debt Coverage: VIJIFIN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if VIJIFIN's interest payments on its debt are well covered by EBIT.

Viji Finance Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Recent updates

Second quarter 2025 earnings released: ₹0.02 loss per share (vs ₹0.01 profit in 2Q 2024)

Viji Finance Limited to Report Q2, 2025 Results on Nov 05, 2024

Viji Finance Limited, Annual General Meeting, Sep 30, 2024

First quarter 2025 earnings released: ₹0.01 loss per share (vs ₹0.01 profit in 1Q 2024)

Viji Finance Limited to Report Q1, 2025 Results on Jul 25, 2024

New major risk - Shareholder dilution

Full year 2024 earnings released: EPS: ₹0.01 (vs ₹0.052 in FY 2023)

Viji Finance Limited to Report Q4, 2024 Results on Apr 09, 2024

Less than half of directors are independent

Viji Finance Limited Appoints Palak Malviya as an Additional as Well as Non-Executive Independent Director

Viji Finance Limited Approves Resignation of Suresh Singh Jain as Non-Executive Independent Director

Third quarter 2024 earnings released: EPS: ₹0.003 (vs ₹0.003 loss in 3Q 2023)

Viji Finance Limited to Report Q2, 2024 Results on Oct 20, 2023

New minor risk - Share price stability

Viji Finance Limited, Annual General Meeting, Sep 15, 2023

Investor sentiment improves as stock rises 25%

First quarter 2024 earnings released: EPS: ₹0.01 (vs ₹0.03 in 1Q 2023)

Viji Finance Limited to Report Q1, 2024 Results on Jul 14, 2023

Here's Why We Think Viji Finance (NSE:VIJIFIN) Is Well Worth Watching

Investor sentiment deteriorates as stock falls 19%

Third quarter 2023 earnings released: ₹0.003 loss per share (vs ₹0.007 profit in 3Q 2022)

Viji Finance Limited to Report Q3, 2023 Results on Feb 06, 2023

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Viji Finance Limited to Report Q2, 2022 Results on Nov 10, 2022

Investor sentiment improved over the past week

Here's Why Viji Finance (NSE:VIJIFIN) Has Caught The Eye Of Investors

Investor sentiment deteriorated over the past week

First quarter 2023 earnings released: EPS: ₹0.03 (vs ₹0.02 in 1Q 2022)

Viji Finance Limited to Report Q1, 2023 Results on Aug 09, 2022

Less than half of directors are independent

Viji Finance Limited Announces Appointment of Aryaman Kothari as Additional Non-Executive Director

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Viji Finance Limited Appoints Vijay Kothari as A Managing Director

Viji Finance Limited to Report Q4, 2022 Results on May 20, 2022

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Viji Finance Limited Announces Resignation of Babalu Suryawanshi as Aditional Director, Effective from April 25, 2022

Less than half of directors are independent

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Viji Finance Limited (NSE:VIJIFIN) Shares May Have Slumped 36% But Getting In Cheap Is Still Unlikely

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Additional Independent Director Juhee Verma has left the company

Viji Finance Limited to Report Q3, 2021 Results on Feb 11, 2021

New 90-day high: ₹0.70

New 90-day low: ₹0.45

Viji Finance Limited to Report Q2, 2021 Results on Nov 10, 2020

Viji Finance Limited to Report Q1, 2021 Results on Aug 19, 2020

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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