Veljan Denison Share Price & Earnings Call Analysis

₹2,008.80-2.00% today
Market cap
₹904 Cr
P/E
35.71
ROE
10.86%
PEG
1.81
Price to sales
6.09
Debt to equity
0.00
52W high / low
₹2,763 / ₹760
Sales growth (5Y)
15.00%
EBITDA margin
25.27%
Net profit margin
16.89%
Promoter holding
74.98%
Sales (last year)
₹149 Cr

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

Potential multibaggers · Q2 FY27

Potential multibaggers in Auto Components
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Auto Components companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹2,874 Cr45.4
240%+Flat₹2,116 Cr55.2
340%+Flat₹370 Cr15.1
420–40%Up 2%+₹25,664 Cr73.6
520–40%Up 0–2%₹21,742 Cr33.9
620–40%Up 0–2%₹11,707 Cr41.0

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Financials of Veljan Denison

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Veljan Denison

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +26.8026.7528.2731.0531.5133.4333.6733.9636.4237.5438.5335.7232.91
Expenses +21.0522.6420.5524.2323.6925.4526.2625.7427.3128.8528.1925.9625.29
Operating Profit5.754.117.726.827.827.987.418.229.118.6910.349.767.62
OPM %21.46%15.36%27.31%21.96%24.82%23.87%22.01%24.20%25.01%23.15%26.84%27.32%23.15%
Other Income +0.260.610.590.630.780.720.640.630.630.880.670.710.73
Interest0.360.160.200.480.180.150.080.100.130.130.060.090.14
Depreciation1.271.221.121.131.261.241.221.251.281.291.321.371.37
Profit before tax4.383.346.995.847.167.316.757.508.338.159.639.016.84
Tax %26.26%26.95%25.89%26.03%25.84%24.21%25.93%25.87%26.65%28.96%26.17%26.30%32.16%
Net Profit +3.232.445.184.325.315.555.015.566.115.797.116.644.64
EPS in Rs7.185.4211.519.6011.8012.3311.1312.3613.5812.8715.8014.7610.31

Financials of Veljan Denison

Profit & Loss

Annual income statement trend

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +717878799688837498111124142145
Expenses +5556575668616160728794108108
Operating Profit16222123282622132623303336
OPM %22%28%27%29%29%30%26%18%26%21%24%24%25%
Other Income +1301111122333
Interest2222111001100
Depreciation3323334555555
Profit before tax1320181925231892320273134
Tax %33%34%30%25%34%28%26%24%27%26%25%27%
Net Profit +813131516161371715202224
EPS in Rs18.7628.9827.8732.2436.1836.2929.8715.2437.5132.4045.2749.9653.74
Dividend Payout %20%17%18%16%14%14%17%33%17%20%19%17%

Financials of Veljan Denison

Balance Sheet

Capital structure and asset base

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital2222222222244
Reserves788898113126140148155169181198215225
Borrowings +20272634221961079788
Other Liabilities +18201212152322212426242926
Total Liabilities117137138161165184178188202219231257263
Fixed Assets +25232724264356625859788282
CWIP44333673715322
Investments00000000014141414
Other Assets +89110109134135136115123137131137159165
Total Assets117137138161165184178188202219231257263

Financials of Veljan Denison

Cash Flows

Operating, investing and financing cash movement

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +4013181729182613161116
Cash from Investing Activity +-1-1-1-1-6-25-10-6-15-16-6-7
Cash from Financing Activity +-93-66-15-7-183-50-5-4
Net Cash Flow-72623-4-2-1123-8-006
Free Cash Flow2-412171037184428
CFO/OP45%37%61%110%90%146%112%191%75%90%56%73%

Financials of Veljan Denison

Ratios

Working capital efficiency and return ratios

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days179297316274246216161142123938484
Inventory Days255259207298181354536489491465492496
Days Payable6468313021136146125118897386
Cash Conversion Cycle370489492542407434551506496468503495
Working Capital Days238269290250256261296242237197206205
ROCE %14%20%16%15%17%15%12%7%14%11%14%14%
46out of 100

Momentum score · price trend

46 out of 100 — Steady

Over the past year its share price has moved roughly in the middle of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+69.6%90%
Last 6 months+90.2%96%
Last 3 months+17.3%87%

The price is 28.1% below its all-time high of ₹2,762.9 (8 Oct 2026). Stocks more than 20% below their peak have their score halved, so 92 became 46.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Veljan Denison: 0.4 × 90 + 0.4 × 96 + 0.2 × 87 = 92, halved to 46 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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