Veljan Denison Reports Robust Q2 Results, Announces Board Changes

Veljan Denison Limited , a key player in the hydraulic products sector, has announced strong financial results for the second quarter and half-year ended September 30, 2025, alongside significant changes to its board composition.

Financial Performance

The company reported impressive growth in both standalone and consolidated financials for Q2 FY2026:

Particulars (in Rs. Lakhs)	Q2 FY2026 (Standalone)	Q2 FY2026 (Consolidated)	H1 FY2026 (Standalone)	H1 FY2026 (Consolidated)
Revenue from Operations	3,571.73	3,863.32	7,424.78	8,125.54
Total Revenue	3,642.93	3,938.04	7,563.34	8,272.88
Profit Before Tax	900.85	905.76	1,864.28	1,900.60
Profit After Tax	664.12	665.40	1,375.08	1,398.77
Earnings Per Share (Rs.)	14.76	14.79	30.56	31.08

The standalone revenue from operations for Q2 FY2026 stood at Rs. 3,571.73 lakhs, with a profit after tax of Rs. 664.12 lakhs. On a consolidated basis, the company's revenue reached Rs. 3,863.32 lakhs, with a profit after tax of Rs. 665.40 lakhs for the same period.

For the half-year, Veljan Denison's standalone revenue from operations was Rs. 7,424.78 lakhs, while consolidated revenue touched Rs. 8,125.54 lakhs. The profit after tax for H1 FY2026 on a standalone basis was Rs. 1,375.08 lakhs, and on a consolidated basis, it reached Rs. 1,398.77 lakhs.

Board and Committee Changes

The company announced several changes to its board and committee structures:

Independent Director Tenure Completion: Mr. G Narayan Rao (DIN: 00029120) completed his first term of five consecutive years as an Independent Director, ceasing to hold the position effective November 7, 2025.
Committee Reconstitution: Following Mr. Rao's tenure completion, Veljan Denison has reconstituted its board committees:
- Audit Committee: Now chaired by Dr. Suresh Akella, with Mr. Manish Motwani, Mr. Vidya Sagar G, and Mr. Sri Krishna Uppaluri as members.
- Nomination & Remuneration Committee: Mr. Vidya Sagar G takes the chair, joined by Mr. Manish Motwani and Mrs. Uma Devi U.
- Corporate Social Responsibility Committee: Chaired by Mrs. Uma Devi U, with Mr. VG Srinivas and Mr. Vidya Sagar G as members.
- Stakeholder Relationship Committee: Mr. VG Srinivas chairs this committee, supported by Dr. Suresh Akella and Mr. Sri Krishna U.

These changes aim to ensure continued strong governance and oversight of the company's operations.

Management Commentary

Mr. Sri Krishna Uppaluri, Managing Director & CEO, commented on the results, stating, "Our robust performance in Q2 and H1 FY2026 reflects the strength of our business model and the growing demand for our hydraulic products. We remain committed to delivering value to our stakeholders through operational excellence and strategic initiatives."

The company's focus on its core hydraulic products business segment continues to drive growth, with the board changes expected to bring fresh perspectives to guide Veljan Denison's future strategies.

Investors and stakeholders can view the detailed financial results and board meeting outcomes on the company's website or through regulatory filings.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.72%	+2.36%	-5.99%	+13.66%	-18.42%	+237.69%

Veljan Denison Limited , a leading manufacturer of hydraulic products, has announced strong financial results for the first quarter, along with several key business decisions approved by its Board of Directors.

Financial Performance

The company's unaudited financial results for the quarter ended June 30 showcase significant growth in both revenue and profitability:

Particulars (in Rs. lakhs)	Q1 (Standalone)	Q1 (Standalone)	Q1 (Consolidated)	Q1 (Consolidated)
Revenue from Operations	3,853.05	3,366.65	4,262.22	3,680.07
Profit After Tax	710.96	500.71	733.37	508.73

On a standalone basis, Veljan Denison reported a revenue of Rs 3,853.05 lakhs, marking a 14.45% increase from the same quarter last year. The company's profit after tax saw a substantial rise of 41.99%, reaching Rs 710.96 lakhs.

The consolidated results show revenue climbing to Rs 4,262.22 lakhs, up 15.82% year-over-year. Consolidated profit after tax stood at Rs 733.37 lakhs, representing a 44.16% increase compared to the previous year.

Key Business Decisions

During the Board meeting held on August 2, several important decisions were made:

Re-appointment of Cost Auditor: M/s. SRK & Co., Cost Accountants, have been re-appointed as the Cost Auditor, subject to shareholder ratification.
Board Recommendation: The Board has recommended the re-appointment of Mrs. Umadevi Uppaluri as a director, who is retiring by rotation and has offered herself for re-appointment.
Annual General Meeting: The 51st Annual General Meeting (AGM) is scheduled for August 29 at 3:00 PM at the company's registered office in Hyderabad.
Material Related Party Transactions: The Board has approved material related party transactions with Veljan Hydrair Limited, Suxus Systems Limited, and ECMAT Limited, subject to shareholder approval at the upcoming AGM.
Record Date: August 22 has been set as the record date for e-voting eligibility and dividend payment, subject to approval at the AGM.
Book Closure: The Register of Members and Share Transfer Books will remain closed from August 23 to August 29 (both days inclusive) for the AGM and dividend payment purposes.

Outlook

The strong financial performance in Q1 reflects Veljan Denison's resilience and growth potential in the hydraulic products sector. The company's focus on operational efficiency and strategic decision-making positions it well for continued success in the coming quarters.

Investors and stakeholders will be keenly watching the upcoming AGM for further insights into the company's future plans and the approval of key resolutions, including the material related party transactions and director re-appointment.