Viji Finance Limited (VIJIFIN) - Net Assets
Based on the latest financial reports, Viji Finance Limited (VIJIFIN) has net assets worth Rs209.61 Million INR (≈ $2.27 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs344.41 Million ≈ $3.72 Million USD) and total liabilities (Rs134.80 Million ≈ $1.46 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Viji Finance Limited (VIJIFIN) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs209.61 Million |
| % of Total Assets | 60.86% |
| Annual Growth Rate | 23.27% |
| 5-Year Change | 91.58% |
| 10-Year Change | 152.9% |
| Growth Volatility | 59.3 |
Viji Finance Limited - Net Assets Trend (2010–2025)
This chart illustrates how Viji Finance Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Viji Finance Limited's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Viji Finance Limited (2010–2025)
The table below shows the annual net assets of Viji Finance Limited from 2010 to 2025. For live valuation and market cap data, see Viji Finance Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs213.88 Million ≈ $2.31 Million |
+75.67% |
| 2024-03-31 | Rs121.75 Million ≈ $1.32 Million |
+1.15% |
| 2023-03-31 | Rs120.37 Million ≈ $1.30 Million |
+3.73% |
| 2022-03-31 | Rs116.04 Million ≈ $1.25 Million |
+3.94% |
| 2021-03-31 | Rs111.64 Million ≈ $1.21 Million |
+5.70% |
| 2020-03-31 | Rs105.62 Million ≈ $1.14 Million |
+1.28% |
| 2019-03-31 | Rs104.29 Million ≈ $1.13 Million |
+2.28% |
| 2018-03-31 | Rs101.97 Million ≈ $1.10 Million |
+15.87% |
| 2017-03-31 | Rs88.00 Million ≈ $951.67K |
+4.05% |
| 2016-03-31 | Rs84.57 Million ≈ $914.63K |
+0.88% |
| 2015-03-31 | Rs83.84 Million ≈ $906.69K |
+4.04% |
| 2014-03-31 | Rs80.58 Million ≈ $871.44K |
+171.19% |
| 2013-03-31 | Rs29.71 Million ≈ $321.33K |
+5.19% |
| 2012-03-31 | Rs28.25 Million ≈ $305.48K |
+8.25% |
| 2011-03-31 | Rs26.09 Million ≈ $282.20K |
+181.46% |
| 2010-03-31 | Rs9.27 Million ≈ $100.26K |
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Equity Component Analysis
This analysis shows how different components contribute to Viji Finance Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 9211180100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs71.38 Million | 33.37% |
| Common Stock | Rs142.50 Million | 66.63% |
| Total Equity | Rs213.88 Million | 100.00% |
Viji Finance Limited Competitors by Market Cap
The table below lists competitors of Viji Finance Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HIGH QUALITY FOOD
F:L24
|
$5.90 Million |
|
AS Latvijas Juras medicinas centrs
MU:UOM
|
$5.92 Million |
|
APB Resources Bhd
KLSE:5568
|
$5.92 Million |
|
Rebosis
JSE:REB
|
$5.93 Million |
|
THG Holdings PLC
LSE:THG
|
$5.90 Million |
|
CU Medical Systems Inc
KQ:115480
|
$5.90 Million |
|
Imagion Biosystems Ltd
AU:IBX
|
$5.90 Million |
|
Eko Export SA
WAR:EEX
|
$5.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Viji Finance Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 121,754,000 to 213,883,000, a change of 92,129,000 (75.7%).
- Net income of 1,687,000 contributed positively to equity growth.
- Share repurchases of 90,000,000 reduced equity.
- New share issuances of 90,000,000 increased equity.
- Other factors increased equity by 90,442,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.69 Million | +0.79% |
| Share Repurchases | Rs90.00 Million | -42.08% |
| Share Issuances | Rs90.00 Million | +42.08% |
| Other Changes | Rs90.44 Million | +42.29% |
| Total Change | Rs- | 75.67% |
Book Value vs Market Value Analysis
This analysis compares Viji Finance Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.55x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 13.63x to 2.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-03-31 | Rs0.28 | Rs3.83 | x |
| 2011-03-31 | Rs0.58 | Rs3.83 | x |
| 2012-03-31 | Rs0.63 | Rs3.83 | x |
| 2013-03-31 | Rs0.66 | Rs3.83 | x |
| 2014-03-31 | Rs0.72 | Rs3.83 | x |
| 2015-03-31 | Rs0.75 | Rs3.83 | x |
| 2016-03-31 | Rs0.75 | Rs3.83 | x |
| 2017-03-31 | Rs0.78 | Rs3.83 | x |
| 2018-03-31 | Rs1.24 | Rs3.83 | x |
| 2019-03-31 | Rs1.26 | Rs3.83 | x |
| 2020-03-31 | Rs1.28 | Rs3.83 | x |
| 2021-03-31 | Rs1.35 | Rs3.83 | x |
| 2022-03-31 | Rs1.41 | Rs3.83 | x |
| 2023-03-31 | Rs1.07 | Rs3.83 | x |
| 2024-03-31 | Rs1.09 | Rs3.83 | x |
| 2025-03-31 | Rs1.50 | Rs3.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Viji Finance Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.26%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.64x
- Recent ROE (0.79%) is below the historical average (8.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -6.26% | 0.00% | 0.00x | 3.33x | Rs-1.51 Million |
| 2011 | 65.81% | 1637.84% | 0.04x | 1.13x | Rs14.56 Million |
| 2012 | 12.56% | 60.98% | 0.13x | 1.56x | Rs722.61K |
| 2013 | 13.15% | 63.74% | 0.13x | 1.55x | Rs935.51K |
| 2014 | 7.14% | 44.20% | 0.14x | 1.18x | Rs-2.30 Million |
| 2015 | 7.13% | 45.17% | 0.14x | 1.11x | Rs-2.41 Million |
| 2016 | 4.07% | 25.88% | 0.13x | 1.18x | Rs-5.01 Million |
| 2017 | 7.05% | 36.09% | 0.14x | 1.40x | Rs-2.60 Million |
| 2018 | 13.70% | 60.45% | 0.16x | 1.39x | Rs3.77 Million |
| 2019 | 3.18% | 18.84% | 0.12x | 1.46x | Rs-7.11 Million |
| 2020 | 1.26% | 13.46% | 0.06x | 1.51x | Rs-9.23 Million |
| 2021 | 4.00% | 48.52% | 0.06x | 1.41x | Rs-6.70 Million |
| 2022 | 3.79% | 36.08% | 0.07x | 1.50x | Rs-7.20 Million |
| 2023 | 3.60% | 20.78% | 0.09x | 1.87x | Rs-7.71 Million |
| 2024 | 0.99% | 6.24% | 0.08x | 2.08x | Rs-10.97 Million |
| 2025 | 0.79% | 7.26% | 0.07x | 1.64x | Rs-19.70 Million |
Industry Comparison
This section compares Viji Finance Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $37,628,750,405
- Average return on equity (ROE) among peers: 10.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Viji Finance Limited (VIJIFIN) | Rs209.61 Million | -6.26% | 0.64x | $5.90 Million |
| Akme Fintrade India Ltd (AFIL) | $1.30 Billion | 0.00% | 2.50x | $41.31 Million |
| Arman Financial Services Limited (ARMANFIN) | $3.66 Billion | 25.65% | 4.57x | $169.77 Million |
| Baid Finserv Limited (BAIDFIN) | $108.03 Million | 5.96% | 2.17x | $19.08 Million |
| Bajaj Finance Limited (BAJFINANCE) | $96.00 Billion | 19.13% | 5.64x | $62.99 Billion |
| Capri Global Capital Limited (CGCL) | $38.37 Billion | 7.28% | 2.95x | $1.94 Billion |
| Cholamandalam Investment and Finance Company Limited (CHOLAFIN) | $22.87 Billion | 16.10% | 8.42x | $14.26 Billion |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $162.58 Billion | 7.94% | 7.06x | $3.16 Billion |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $51.07 Billion | 16.18% | 3.28x | $2.25 Billion |
| CSL Finance Limited (CSLFINANCE) | $773.42 Million | 9.31% | 0.08x | $55.14 Million |
| DCM Financial Services Limited (DCMFINSERV) | $-439.02 Million | 0.00% | 0.00x | $1.13 Million |
About Viji Finance Limited
Viji Finance Limited, a non-banking finance company, provides financial products and services in India. It offers personal and business loans, gold loans, corporate finance, infrastructure/project finance, and personal finance services. Viji Finance Limited was formerly known as Panjon Finance Limited and changed its name to Viji Finance Limited in September 2012. The company was incorporated in … Read more