Veljan Denison Ltd
Incorporated in 1973, Veljan Denison Ltd manufactures Hydraulic Pumps, Motors, Valves and Custom Built Power Packs[1]
- Market Cap ₹ 540 Cr.
- Current Price ₹ 1,200
- High / Low ₹ 1,452 / 904
- Stock P/E 20.3
- Book Value ₹ 529
- Dividend Yield 0.71 %
- 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 121 | 138 | 156 | 163 | |
| 95 | 104 | 119 | 123 | |
| Operating Profit | 26 | 33 | 37 | 40 |
| OPM % | 21% | 24% | 24% | 25% |
| 2 | 3 | 3 | 3 | |
| Interest | 1 | 1 | 1 | 1 |
| Depreciation | 5 | 6 | 6 | 6 |
| Profit before tax | 22 | 30 | 33 | 36 |
| Tax % | 26% | 25% | 28% | |
| 16 | 22 | 24 | 27 | |
| EPS in Rs | 35.60 | 49.04 | 52.71 | 59.05 |
| Dividend Payout % | 18% | 17% | 16% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 22% |
| 3 Years: | 25% |
| 1 Year: | -15% |
| 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 | Sep 2025 | |
|---|---|---|---|---|
| Equity Capital | 2 | 2 | 4 | 4 |
| Reserves | 183 | 203 | 221 | 234 |
| 9 | 7 | 8 | 8 | |
| 30 | 27 | 33 | 30 | |
| Total Liabilities | 225 | 239 | 268 | 276 |
| 70 | 90 | 95 | 96 | |
| CWIP | 15 | 3 | 2 | 2 |
| Investments | -0 | -0 | -0 | -0 |
| 139 | 147 | 171 | 178 | |
| Total Assets | 225 | 239 | 268 | 276 |
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 | 511 | 515 |
| Days Payable | 96 | 78 | 89 |
| Cash Conversion Cycle | 464 | 515 | 508 |
| Working Capital Days | 191 | 204 | 204 |
| ROCE % | 15% | 15% |
Documents
Announcements
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Veljan Denison Limited-Intimation Of Tenure Of First Term Completion Of The Independent Director Mr. G Narayan Rao ( DIN: 00012920)Under Reg 30 Of SEBI (LODR) Regulations 2015- As Attached
7 Nov - Mr G Narayan Rao ceased as Independent Director after completing five-year term effective 07.11.2025; committee memberships ceased.
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VELJAN DENISON LIMITED-Reg 30- Intimation Of Reconstitution Of The Committees Of The Board-A/A
7 Nov - Board committees reconstituted on 07-Nov-2025; members listed for Audit, NRC, CSR, Stakeholder Relationship, including MD & CEO as member and independent chairs.
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Results- Unaudited Financials Results Both Standalone & Consolidated For The Quarter And Half Year Ended 30.09.2025 Along With Limited Review Report By Statutory Auditors-As Attached
7 Nov - Unaudited Q2/H1 Sep 30,2025 results: H1 standalone PAT Rs1,375.08 lakh; director retired; committees reconstituted.
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Board Meeting Outcome for Veljan Denison Limited- Outcome Of The Board Meeting Held On 07.11.2025- As Attached
7 Nov - Unaudited Q2/H1 Sep-30,2025 results: consolidated H1 revenue Rs8,272.88L, PAT Rs1,398.77L; director tenure ended; committees reconstituted.
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Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter Ended 30.09.2025
30 Oct - Board meeting 07 Nov 2025 to approve unaudited results for half year ended 30 Sep 2025; committees reconstituted.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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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.