Veljan Denison Ltd

Veljan Denison Ltd

₹ 3,931 -0.36%
06 May 11:22 a.m.
About

Veljan Denison Limited was established in 1965, it manufactures a range of Pneumatic and Hydraulic pump, motor and related products, components for over five decades now at its manufacturing plants located in and near Hyderabad, India. It provides solutions in all applications such as Shipbuilding, Energy, Mobile and Industrial segments. [1]

Key Points

Product Offerings
Vane Pumps & Motors: It includes pumps and motors like single pumps, double pumps, and drivetrain pumps.
Hydraulic Valve: The product range includes pressure controls, check valves, etc are some of the products under Hydraulic valves.
Hydraulic Cylinders: It includes different series of pumps like HT, HR, HH series, etc.
Veljan includes other equipment as well like marine equipment, power pack, folds, Gear pumps, etc. [1]

Manufacturing Facility
The company has its manufacturing unit at Patancheru, Hyderabad. [2]

  • Market Cap 884 Cr.
  • Current Price 3,931
  • High / Low 4,200 / 1,230
  • Stock P/E 48.4
  • Book Value 857
  • Dividend Yield 0.34 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 4.58 times its book value

* 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
28.22 31.40 30.48 30.49 32.04 33.89 35.02
21.41 23.79 23.59 26.08 23.17 26.39 26.59
Operating Profit 6.81 7.61 6.89 4.41 8.87 7.50 8.43
OPM % 24.13% 24.24% 22.60% 14.46% 27.68% 22.13% 24.07%
0.56 0.60 0.27 0.63 0.63 0.64 0.81
Interest 0.05 0.22 0.36 0.16 0.20 0.48 0.18
Depreciation 1.18 1.28 1.41 1.53 1.32 1.33 1.45
Profit before tax 6.14 6.71 5.39 3.35 7.98 6.33 7.61
Tax % 26.06% 22.80% 28.20% 38.81% 25.69% 25.75% 25.89%
4.55 5.18 3.88 2.05 5.93 4.69 5.63
EPS in Rs 20.22 23.02 17.24 9.11 26.36 20.84 25.02
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 TTM
121 131
95 102
Operating Profit 26 29
OPM % 21% 22%
2 3
Interest 1 1
Depreciation 5 6
Profit before tax 22 25
Tax % 26%
16 18
EPS in Rs 71.20 81.33
Dividend Payout % 18%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Stock Price CAGR
10 Years: 31%
5 Years: 38%
3 Years: 74%
1 Year: 213%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Sep 2023
Equity Capital 2 2
Reserves 183 191
9 9
30 38
Total Liabilities 225 240
70 69
CWIP 15 19
Investments -0 -0
139 152
Total Assets 225 240

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
19
-17
0
Net Cash Flow 2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023
Debtor Days 93
Inventory Days 466
Days Payable 96
Cash Conversion Cycle 464
Working Capital Days 220
ROCE %

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98%
25.02% 25.02% 25.02% 25.02% 25.02% 25.01% 25.02% 25.02% 25.02% 25.02% 25.02% 25.01%
No. of Shareholders 2,7582,6022,5872,7292,8472,8532,8842,8982,9112,9943,0183,553

Documents