Veljan Denison Ltd

Veljan Denison Ltd

₹ 1,174 0.98%
05 Jun - close price
About

Incorporated in 1973, Veljan Denison Ltd manufactures Hydraulic Pumps, Motors, Valves and Custom Built Power Packs[1]

Key Points

Business Overview:[1][2]
VDL used to be a part of Hagglunds of Sweden but is now working as a Veljan's group company. It is in the business of manufacturing Pumps, Motors, Valves and custom-built Power systems / Manifold blocks. Company manufactures precision engineering components and has its own research and development wing in Hyderabad.

  • Market Cap 528 Cr.
  • Current Price 1,174
  • High / Low 1,960 / 904
  • Stock P/E 22.3
  • Book Value 502
  • Dividend Yield 1.45 %
  • ROCE 15.1 %
  • ROE 11.0 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 17.2%

Cons

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
28.22 31.40 30.48 30.49 32.04 33.89 35.02 36.75 36.90 37.34 40.00 41.47
21.41 23.79 23.59 26.08 23.17 26.39 26.59 28.19 28.57 28.19 30.05 32.08
Operating Profit 6.81 7.61 6.89 4.41 8.87 7.50 8.43 8.56 8.33 9.15 9.95 9.39
OPM % 24.13% 24.24% 22.60% 14.46% 27.68% 22.13% 24.07% 23.29% 22.57% 24.50% 24.88% 22.64%
0.56 0.60 0.27 0.63 0.63 0.64 0.81 0.75 0.72 0.66 0.67 0.84
Interest 0.05 0.22 0.36 0.16 0.20 0.48 0.18 0.16 0.08 0.10 0.13 0.32
Depreciation 1.18 1.28 1.41 1.53 1.32 1.33 1.45 1.49 1.42 1.48 1.50 1.64
Profit before tax 6.14 6.71 5.39 3.35 7.98 6.33 7.61 7.66 7.55 8.23 8.99 8.27
Tax % 26.06% 22.80% 28.20% 38.81% 25.69% 25.75% 25.89% 25.72% 32.58% 26.49% 27.03% 27.21%
4.55 5.18 3.88 2.05 5.93 4.69 5.63 5.69 5.09 6.05 6.56 6.03
EPS in Rs 10.11 11.51 8.62 4.56 13.18 10.42 12.51 12.64 11.31 13.44 14.58 13.40
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025
121 137 156
95 104 119
Operating Profit 26 33 37
OPM % 21% 24% 24%
2 3 3
Interest 1 1 1
Depreciation 5 6 6
Profit before tax 22 30 33
Tax % 26% 25% 28%
16 22 24
EPS in Rs 35.60 49.04 52.71
Dividend Payout % 18% 17% 16%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 13%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 7%
Stock Price CAGR
10 Years: 14%
5 Years: 25%
3 Years: 28%
1 Year: -35%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025
Equity Capital 2 2 4
Reserves 183 203 221
9 7 8
30 27 33
Total Liabilities 225 239 268
70 90 95
CWIP 15 3 2
Investments 0 0 0
139 147 171
Total Assets 225 239 268

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025
19 15 19
-17 -8 -9
0 -8 -4
Net Cash Flow 2 -0 7

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Mar 2024 Mar 2025
Debtor Days 93 82 82
Inventory Days 466 503 515
Days Payable 96 76 89
Cash Conversion Cycle 464 508 508
Working Capital Days 220 223 222
ROCE % 15% 15%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01%
25.02% 25.01% 25.02% 25.02% 25.02% 25.02% 25.02% 25.01% 25.02% 25.00% 25.02% 25.02%
No. of Shareholders 2,8472,8532,8842,8982,9112,9943,0183,5534,1514,2104,8434,772

* 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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