Veljan Denison

What is the bonus history of the Veljan Denison?

Veljan Denison has announced a 1:1 bonus issue, with an ex-date of May 29, 2024. Shareholders on record will receive one additional share for each share they own, demonstrating the company's commitment to enhancing shareholder value.

Veljan Denison has a recent bonus issue history that includes a 1:1 bonus announcement. The ex-date for this bonus issue is set for May 29, 2024, which means that shareholders on record as of this date will receive an additional share for every share they own. This reflects the company's commitment to enhancing shareholder value through such corporate actions.

Has Veljan Denison declared dividend?

Yes, Veljan Denison Ltd has declared a dividend of 170% (₹17 per share) with an ex-date of September 20, 2024. Despite this, total returns have been negative in shorter periods, though more favorable over the long term.

Veljan Denison Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 170%<BR>- Amount per share: 17<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 1.47%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -28.93%, the dividend return was 0%, resulting in a total return of -28.93%.<BR><BR>In the 1-year period, the price return was -34.32%, the dividend return was 0.93%, leading to a total return of -33.39%.<BR><BR>Over the 2-year period, the price return was -7.46%, the dividend return was 2.31%, resulting in a total return of -5.15%.<BR><BR>In the 3-year period, the price return was 8.62%, the dividend return was 4.34%, leading to a total return of 12.96%.<BR><BR>For the 4-year period, the price return was 24.19%, the dividend return was 5.43%, resulting in a total return of 29.62%.<BR><BR>In the 5-year period, the price return was 58.01%, the dividend return was 6.91%, leading to a total return of 64.92%.<BR><BR>Overall, while Veljan Denison Ltd has declared a significant dividend, the total returns over the shorter periods indicate a decline in value, with more favorable returns observed over the longer term. The recent dividend declaration may provide some relief to investors amidst the fluctuating returns.

Who are the peers of the Veljan Denison?

Veljan Denison's peers include Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Remsons Ind., CLN Energy, Pradeep Metals, Kinetic Engg., and Shivam Autotech. In terms of management risk, growth, and capital structure, Veljan Denison is rated average, with a 1-year return of -37.80%, the lowest among its peers.

Peers: The peers of Veljan Denison are Samvardh. Mothe., Bosch, Schaeffler India, Bharat Forge, Tube Investments, Remsons Ind., CLN Energy, Pradeep Metals, Kinetic Engg., and Shivam Autotech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bosch, Schaeffler India, Bharat Forge, Tube Investments, and Pradeep Metals, while Good management risk is found at Samvardh. Mothe. and Remsons Ind. Average management risk is noted for Veljan Denison and the rest, while Below Average management risk is seen at CLN Energy, Kinetic Engg., and Shivam Autotech. In terms of growth, Excellent growth is seen at Samvardh. Mothe., Schaeffler India, Tube Investments, and CLN Energy, while Good growth is noted for Bharat Forge and Pradeep Metals. Average growth is observed at Bosch, while Below Average growth is found at Veljan Denison, Remsons Ind., Kinetic Engg., and Shivam Autotech. For capital structure, Excellent capital structure is noted for Bosch, Schaeffler India, Tube Investments, and Veljan Denison, while Good capital structure is seen at Bharat Forge and Pradeep Metals. Average capital structure is found at Remsons Ind. and the rest, while Below Average capital structure is noted for CLN Energy, Kinetic Engg., and Shivam Autotech.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Pradeep Metals at 11.64%, while the peer with the lowest is Veljan Denison at -37.80%. Veljan Denison's 1-year return is significantly lower than that of its peers. Additionally, the six-month return is negative for Veljan Denison, Tube Investments, and Shivam Autotech.

Is Veljan Denison overvalued or undervalued?

As of April 16, 2025, Veljan Denison is considered overvalued with a PE ratio of 22.47, despite recent short-term gains, as its long-term performance has declined by 36.77% over the past year compared to the Sensex's 7.62% gain.

As of 16 April 2025, the valuation grade for Veljan Denison has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently assessed as overvalued, with a PE ratio of 22.47, an EV to EBITDA ratio of 13.41, and a Price to Book Value of 2.36. In comparison to its peers, Veljan Denison's valuation appears high, especially when contrasted with Thermax, which has a PE ratio of 66.31, and BEML Ltd, with a PE ratio of 62.34, both categorized as very expensive.<BR><BR>Despite a recent stock performance that outpaced the Sensex over the past week and month, with returns of 5.82% and 18.36% respectively, the overall long-term performance shows a decline of 36.77% over the past year compared to the Sensex's gain of 7.62%. This suggests that while there may be short-term gains, the long-term outlook for Veljan Denison remains concerning, reinforcing the conclusion that the stock is currently overvalued.

Who are in the management team of Veljan Denison?

As of March 2022, the management team of Veljan Denison includes V C Janardan Rao (Chairman & Managing Director), Sri Krishna Uppaluri (Executive Director & CEO), and several independent and non-executive directors. They oversee the company's operations and strategic direction.

As of March 2022, the management team of Veljan Denison includes the following individuals:<BR><BR>1. V C Janardan Rao - Chairman & Managing Director<BR>2. B S Srinivasan - Non-Executive & Independent Director<BR>3. Uma Devi Uppaluri - Non-Executive & Non-Independent Director<BR>4. B Narahari - Company Secretary & Compliance Officer<BR>5. G Narayan Rao - Non-Executive & Independent Director<BR>6. Sri Krishna Uppaluri - Executive Director & CEO<BR>7. Suresh Akella - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Veljan Denison do?

Veljan Denison Ltd manufactures hydraulic pumps, motors, valves, and custom power packs, operating in the auto components industry. As of March 2025, it reported net sales of 415 Cr and a net profit of 60 Cr, with a market cap of INR 578 Cr.

Overview:<BR>Veljan Denison Ltd is engaged in the manufacturing of hydraulic pumps, motors, valves, and custom-built power packs, operating within the auto components and equipment industry as a micro-cap company.<BR><BR>History:<BR>The company was incorporated in 1973 and was formerly known as Denison Hydraulics India Limited before being renamed to Veljan Denison Limited in 2010. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Most recent Net Sales: 415 Cr (Quarterly Results - Mar 2025)<BR>- Most recent Net Profit: 60 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap value: INR 578 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 24.00<BR>- Industry P/E: 38<BR>- Dividend Yield: 1.33%<BR>- Debt Equity: -0.17<BR>- Return on Equity: 10.51%<BR>- Price to Book: 2.54<BR><BR>Contact Details:<BR>Address: Plot No 44 4th Flr HCL Towers, Chikoti Gardens Begumpet Hyderabad Telangana : 500016<BR>Tel: 91-40-27764546<BR>Email: comp_secy@veljan.in<BR>Website: http://www.veljan.in

Who are the top shareholders of the Veljan Denison?

The top shareholder of Veljan Denison is Chukkamamba Sri Velamati, holding 19.64% of the company, while the largest public shareholder group, consisting of Sharad Kanayalal Shah, Varsha Sharad Shah, and Dipak Kanayalal Shah, holds 1.02%. Individual investors make up 12.57% of the total holdings, with no mutual funds or foreign institutional investors currently involved.

The top shareholders of Veljan Denison include the promoters, who hold the majority of the shares. The promoter with the highest holding is Chukkamamba Sri Velamati, owning 19.64% of the company. In terms of public shareholders, the highest individual shareholder is a group consisting of Sharad Kanayalal Shah, Varsha Sharad Shah, and Dipak Kanayalal Shah, collectively holding 1.02%. Additionally, individual investors account for 12.57% of the total holdings. There are currently no mutual funds or foreign institutional investors (FIIs) holding shares in the company.

How big is Veljan Denison?

As of 24th July, Veljan Denison Ltd has a market capitalization of 553.00 Cr, with recent net sales of 155.71 Cr and a net profit of 23.73 Cr. The latest balance sheet shows shareholder's funds of 204.88 Cr and total assets of 238.86 Cr.

As of 24th July, Veljan Denison Ltd has a market capitalization of 553.00 Cr, categorizing it as a Micro Cap company.<BR><BR>For the latest four quarters, Veljan Denison reported Net Sales of 155.71 Cr and a Net Profit of 23.73 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 204.88 Cr and Total Assets of 238.86 Cr.

How has been the historical performance of Veljan Denison?

Veljan Denison has shown consistent growth from March 2023 to March 2025, with net sales increasing from 120.58 Cr to 155.70 Cr, and profit after tax rising from 16.02 Cr to 23.72 Cr. Key financial metrics, including operating profit and earnings per share, also improved significantly during this period.

Answer:<BR>The historical performance of Veljan Denison shows a consistent growth trend across several key financial metrics from March 2023 to March 2025.<BR><BR>Breakdown:<BR>Veljan Denison's net sales increased from 120.58 Cr in March 2023 to 155.70 Cr in March 2025, reflecting a strong upward trajectory. Total operating income followed suit, rising from 120.58 Cr to 155.70 Cr during the same period. The company's total expenditure also grew, from 94.86 Cr in March 2023 to 118.86 Cr in March 2025, driven by higher raw material costs and employee expenses. Operating profit (PBDIT) saw a significant rise, climbing from 27.79 Cr in March 2023 to 39.73 Cr in March 2025, while profit before tax increased from 21.61 Cr to 33.05 Cr. Consequently, profit after tax grew from 16.02 Cr to 23.72 Cr, indicating improved profitability. The earnings per share (EPS) also rose from 35.60 to 52.71 during this period. On the balance sheet, total assets increased from 224.92 Cr to 267.54 Cr, with total liabilities rising from 224.92 Cr to 267.54 Cr as well. Cash flow from operating activities improved from 18.00 Cr to 19.00 Cr, contributing to a net cash inflow of 6.00 Cr in March 2025, up from 2.00 Cr in March 2023. Overall, Veljan Denison has demonstrated robust growth in sales, profits, and cash flow over the past two years.

Is Veljan Denison technically bullish or bearish?

As of November 28, 2025, the trend has shifted to mildly bullish due to positive monthly MACD and RSI indicators, but caution is advised due to mixed signals from the weekly data.

As of 28 November 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven primarily by the monthly MACD and RSI indicators, which are bullish and mildly bullish respectively. The daily moving averages also support this bullish sentiment. However, the weekly MACD and KST remain bearish, indicating some mixed signals in the shorter term. The Bollinger Bands are sideways on the weekly timeframe, suggesting a lack of strong momentum. Overall, while there are bullish indicators, the mixed signals from the weekly data suggest caution.

When is the next results date for Veljan Denison Ltd?

The next results date for Veljan Denison Ltd is 11 February 2026.

The next results date for Veljan Denison Ltd is scheduled for 11 February 2026.

Are Veljan Denison Ltd latest results good or bad?

Veljan Denison Ltd's latest Q3 FY26 results are poor, with a 23.91% decline in net profit and a 4.43% drop in net sales quarter-on-quarter, indicating significant operational challenges and concerns about financial health.

Veljan Denison Ltd's latest results for Q3 FY26 indicate a challenging period for the company. The net profit has declined significantly, falling by 23.91% quarter-on-quarter and 22.87% year-on-year, resulting in a profit of ₹5.06 crores. Additionally, net sales decreased to ₹36.92 crores, marking a 4.43% drop from the previous quarter and a 7.70% decline compared to the same quarter last year. <BR><BR>The operating margin also saw a notable contraction, decreasing by 308 basis points to 22.86%, which reflects pressures on profitability and cost management. The overall performance suggests that Veljan Denison is facing headwinds in both revenue generation and margin sustainability, raising concerns about the company's financial health moving forward. <BR><BR>In summary, the latest results can be characterized as poor, highlighting significant operational challenges that the company needs to address.

Should I buy, sell or hold Veljan Denison Ltd?

Why is Veljan Denison Ltd falling/rising?

As of 17-Mar, Veljan Denison Ltd's stock price is at 888.00, reflecting a 4.69% decline. The stock has consistently underperformed, with significant drops over various periods and is currently trading below all key moving averages.

As of 17-Mar, Veljan Denison Ltd's stock price is falling, currently at 888.00, which reflects a decrease of 43.7 points or 4.69%. This decline is evident in the stock's performance over various periods, with a 1-week drop of 3.66% and a significant 1-month decrease of 14.36%. Year-to-date, the stock has fallen by 26.02%, compared to a smaller decline of 10.74% in the benchmark Sensex.<BR><BR>Today's trading activity indicates that the stock opened with a loss of 2.43% and reached an intraday low of 888.00, marking a 4.69% decrease. The stock has underperformed its sector by 4.92% today and is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, while there has been a rise in investor participation, with delivery volume increasing by 159.98% against the 5-day average, the overall trend indicates a downward movement, especially as the stock is now just 3.57% away from its 52-week low of Rs 856.3. This combination of factors contributes to the current decline in Veljan Denison Ltd's stock price.

Why is Veljan Denison Ltd falling/rising?

As of 18-Mar, Veljan Denison Ltd's stock price is rising to 912.00, marking a 1.95% increase. This shift follows a period of underperformance, with a notable rise in investor participation suggesting a potential turnaround in sentiment.

As of 18-Mar, Veljan Denison Ltd's stock price is rising, currently at 912.00, reflecting an increase of 17.45 (1.95%). This rise is notable given that the stock had previously been underperforming in various time frames, such as a decline of 12.14% over the past month and 24.02% year-to-date. However, today's performance indicates a positive shift, as the stock reached an intraday high of Rs 924.95, which is a 3.4% increase.<BR><BR>Additionally, there has been a significant rise in investor participation, with delivery volume on 17 March increasing by 144.48% compared to the 5-day average. This suggests a growing interest among investors, which could be contributing to the upward movement in the stock price. Despite trading below its moving averages across multiple time frames, the current activity indicates a potential turnaround in sentiment towards Veljan Denison Ltd.

Why is Veljan Denison Ltd falling/rising?

As of 19-Mar, Veljan Denison Ltd's stock price is at 908.00, down 0.44%, with a year-to-date decline of 24.35%, significantly worse than the Sensex's 12.92% drop. The stock is trading below all key moving averages, indicating a bearish trend, despite increased investor participation.

As of 19-Mar, Veljan Denison Ltd's stock price is currently at 908.00, reflecting a decrease of 4.0 points or 0.44%. The stock has shown a negative performance over various time frames, with a year-to-date decline of 24.35%, which is significantly worse than the Sensex's decline of 12.92% over the same period. Additionally, the stock has underperformed the benchmark index over the past month, with a drop of 10.93% compared to the Sensex's 10.05% decline.<BR><BR>Despite today's performance indicating that the stock outperformed its sector by 1.19%, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This suggests a bearish trend in the stock's price movement. However, there has been a notable increase in investor participation, with delivery volume rising by 140.84% against the 5-day average, indicating some interest from investors.<BR><BR>Overall, the combination of a significant year-to-date decline, underperformance relative to the benchmark, and trading below moving averages contributes to the stock's current downward trend.

Why is Veljan Denison Ltd falling/rising?

As of 20-Mar, Veljan Denison Ltd's stock price is 908.00 with no change today, and it has underperformed significantly, declining 24.35% year-to-date compared to a 12.54% drop in the Sensex. The stock is trading below all moving averages, indicating a bearish trend and decreased investor interest.

As of 20-Mar, Veljan Denison Ltd's stock price is currently at 908.00, with no change observed today (0.00%). The stock has been underperforming in various time frames, showing a decline of 0.37% over the past week, 6.57% over the past month, and a significant 24.35% year-to-date. In comparison to the benchmark Sensex, which has decreased by only 12.54% year-to-date, Veljan Denison's performance is notably worse.<BR><BR>Additionally, the stock is trading below its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Investor participation has also decreased, with delivery volume on 19 March falling by 73.11% compared to the 5-day average, suggesting a lack of interest from investors. Overall, these factors contribute to the stock's decline, reflecting a challenging environment for Veljan Denison Ltd.

Why is Veljan Denison Ltd falling/rising?

As of 23-Mar, Veljan Denison Ltd's stock price is Rs. 830.00, down 8.6%, marking a 52-week low. The stock has significantly underperformed the market, with a year-to-date decline of 30.85% and decreased investor interest reflected in an 88.56% drop in delivery volume.

As of 23-Mar, Veljan Denison Ltd's stock price is falling, currently at Rs. 830.00, which represents a decrease of Rs. 78.05 or 8.6%. This decline is reflected in the stock's performance over various periods, showing a 10.92% drop over the past week and an 18.59% decrease over the past month. Year-to-date, the stock has fallen by 30.85%, significantly underperforming the Sensex, which has only declined by 14.70% during the same timeframe.<BR><BR>Today's trading activity indicates that the stock has hit a new 52-week low of Rs. 830, and it opened with a loss of 3.97%. The stock's performance today has underperformed its sector by 4.49%. Additionally, it has traded below its moving averages across various timeframes, including the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>Investor participation has also decreased, with delivery volume dropping by 88.56% compared to the 5-day average, suggesting a lack of interest from investors. The overall sector, Engineering - Industrial Equipments, has also experienced a decline of 4.11%, contributing to the negative sentiment surrounding Veljan Denison Ltd.

Why is Veljan Denison Ltd falling/rising?

As of 24-Mar, Veljan Denison Ltd's stock price is at 836.00, down 4.4 (-0.52%), reflecting a significant decline of -17.31% over the past year and a new 52-week low of Rs.812.2. The stock is underperforming its sector and broader market indices, driven by poor financial results and a lack of investor confidence.

As of 24-Mar, Veljan Denison Ltd's stock price is falling, currently at 836.00, reflecting a change of -4.4 (-0.52%). The stock has been on a downward trend, having lost -7.93% over the last two days and showing a significant decline of -17.31% over the past year. Additionally, it has reached a new 52-week low of Rs.812.2 today.<BR><BR>The stock's performance has underperformed the sector by -2.77%, and it is trading below its moving averages across various time frames, indicating a bearish trend. Despite opening with a gain of 2.33% today and touching an intraday high of Rs 895.05, the stock quickly fell to its day's low of Rs 812.2. This volatility suggests a lack of sustained investor confidence.<BR><BR>Moreover, the company's financial performance has been concerning, with a reported decline in PAT (Profit After Tax) of -23.8% compared to previous quarters and a low inventory turnover ratio of 2.02 times. The stock has also underperformed against broader market indices like the BSE500 over the last three years, contributing to a negative sentiment among investors. Overall, these factors indicate that Veljan Denison Ltd is experiencing a decline in stock price due to poor financial results and underperformance relative to both its sector and the market.

Why is Veljan Denison Ltd falling/rising?

As of 25-Mar, Veljan Denison Ltd's stock price is rising to 840.00, reflecting a 2.26% increase after two days of decline, with heightened investor interest indicated by a 168.26% rise in delivery volume. However, the stock has a year-to-date decline of 30.01% and is trading below its moving averages, suggesting a bearish trend despite today's positive movement.

As of 25-Mar, Veljan Denison Ltd's stock price is rising, currently at 840.00, which reflects an increase of 18.6 or 2.26%. This rise comes after two consecutive days of decline, indicating a potential trend reversal. The stock reached an intraday high of Rs 865, marking a 5.31% increase during the trading day. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 168.26% compared to the 5-day average, suggesting heightened interest in the stock.<BR><BR>Despite the positive movement today, it is important to note that Veljan Denison has been underperforming over longer periods, with a year-to-date decline of 30.01% compared to the Sensex's 11.67%. The stock is also trading below its moving averages across various time frames, which typically indicates a bearish trend. However, the recent performance aligns with the sector's upward movement, as the Engineering - Industrial Equipments sector has gained by 2.18%. Overall, while the stock is experiencing a rise today, it remains close to its 52-week low and has shown significant volatility in its performance over the past months.

Which are the latest news on Veljan Denison?