Veljan Denison Limited

Veljan Denison Limited

2,313.50
INR
-47.20
(-2.00%)
58.18EPS
24.61P/E
6.44BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
160.39
174.14
178.39
169.7
212.72
193.63
183.48
163.17
216.84
267.09
305.25
345.28
364.06
366.53
Basic EPS, GAAP
18.76
28.98
27.87
32.25
36.17
36.3
29.86
15.23
37.5
35.61
49.05
52.71
57.42
58.18
Free Cash Flow per Basic Share
4.56
-8.07
26.9
37.22
37.97
64.63
14.67
40.44
9.04
10.22
11.1
19.8
56.06
- -
Dividend per Share
3.43
3.75
9.42
-0.3
4.7
5.39
10.36
0.44
5.43
3.13
10.2
9
8.44
- -
Book Value per Share
177.71
200.85
222.77
255.02
285.17
315.45
333.25
348.49
380.99
411.52
455.29
501.72
557.57
- -
Tangible Book Value per Share
177.53
200.76
222.59
254.87
284.71
315.17
333.12
348.38
380.9
404.47
448.07
494.21
549.09
- -
Basic Weighted Avg Shares
4
5
5
5
5
5
5
5
5
5
5
5
5
4
Sales/Revenue/Turnover
722
784
803
764
957
871
826
734
976
1,202
1,374
1,554
1,638
1,649
Operating Margin (%)
18.8
25.88
24.1
27.06
26.37
26.39
21.71
12.68
22.82
17.31
20.81
20.3
20.59
20.27
Depreciation Expense
30
28
24
26
27
32
39
46
47
54
56
60
64
66
Net Income, GAAP
84
130
125
145
163
163
134
69
169
160
221
237
258
262
Effective Tax Rate (%)
32.65
33.99
29.69
25.21
34.43
27.93
25.83
23.55
27.28
25.84
25.36
28.23
27.66
27.82
Profit Margin (%)
11.69
16.64
15.62
19.01
17
18.75
16.27
9.34
17.3
13.33
16.07
15.27
15.77
15.87
Working Capital
548
675
790
940
1,030
959
899
941
1,088
1,035
1,168
1,337
1,592
- -
LT Debt
- -
2
46
30
17
3
- -
- -
- -
- -
- -
5
3
- -
Total Equity
800
904
1,002
1,148
1,283
1,420
1,500
1,568
1,714
1,852
2,049
2,258
2,509
- -
Return on Invested Capital (%)
8.32
11.81
10.18
10.49
10.88
10.43
8.23
3.59
8.98
8.01
10.07
9.83
9.8
- -
Return on Capital (%)
9.52
13.22
11.14
11.37
11.25
10.9
8.79
4.38
9.82
8.81
11.17
10.72
10.75
- -
Return on Common Equity (%)
11
15.31
13.16
13.5
13.39
12.09
9.21
4.47
10.28
8.99
11.32
11.02
10.84
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
8
- -
LT Borrowings
- -
3
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
- -
- -
6,442

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,834
- -
Cash, Cash Equivalents & STI
- -
632
- -
Accounts Receivable, Net
- -
366
- -
Inventories
- -
744
- -
Total Current Liabilities
- -
241
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
8
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.64%
9.86%
11.13%
Free Cash Flow
41.44%
41.11%
183.07%
Net Income, GAAP
15.68%
39.06%
8.93%
Sales/Revenue/Turnover
8.41%
17.78%
5.44%
Total Cash Common Dividend
-46.43%
261.94%
-6.22%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
369
373
400
415
1,554
2026
426
386
369
459
1,638
2027
435
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
11.31
13.44
14.57
13.39
52.71
2026
16.3
14.79
11.24
15.09
57.42
2027
17.06
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
9
2026
- -
- -
- -
- -
8.44
2027
- -
- -
- -
- -
- -

Company Description

CEO
Sri Krishna Uppaluri
Full Time Employees
262
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Plot No. A18 & 19, APIE Hyderabad TS India 500037
IPO Date
Jul 7, 2005
Website
veljan.in
Business
Veljan Denison Limited manufactures hydraulic pumps, motors, valves, and custom-built power packs and manifold blocks for fluid power applications. The company offers vane pumps including single, double, triple, and drive train variants such as VTXB, VT6B, VT6C, VT7B, and VT67 series; gear pumps; hydraulic motors; pressure control, check, seat, flow control, directional control, stack, and mobile DC valves; hydraulic filters; power packs; manifolds; system savers; hydraulic cylinders; pneumatic products; and marine equipment comprising steering gear systems, fin stabiliser systems, hydraulic power units, control systems, and test facilities. It serves diverse sectors including agriculture, civil engineering, marine, mining, petrochemical, machine tools, and construction through a broad customer base with repeat orders, primarily in India and internationally via exports and group company Veljan Hydrair Limited. Founded in 1973 as a joint venture with Denison Hydraulics of the USA and headquartered in Hyderabad, India, with manufacturing facilities in Patancheru, the company maintains an in-house research and development wing for precision engineering components and operates as part of the Veljan group following its separation from Hagglunds of Sweden in 1994 and name change from Denison Hydraulics India Limited in April 2010. In August 2022, Veljan Denison acquired 100% of Adan Holding Limited for ₹13.90 crore, a UK-based hydraulic equipment manufacturer established in 1968 serving similar industries, enhancing scale and consolidated operations as reflected in total operating income growth to ₹137.69 crore in FY24 from ₹120.58 crore in FY23; the company also approved material related party transactions for FY25 including sales and purchases up to ₹110 crore with Veljan Hydrair Ltd and job work up to ₹35 crore with others, alongside a final dividend of ₹8.50 per share post-bonus issue in 2024.