Veljan Denison Reports Robust Q1 Results, Approves Key Business Decisions
Veljan Denison Limited reported robust Q1 financial results with significant growth in revenue and profitability. Standalone revenue increased by 14.45% to Rs 3,853.05 lakhs, while profit after tax rose by 41.99% to Rs 710.96 lakhs. Consolidated revenue grew by 15.82% to Rs 4,262.22 lakhs, with profit after tax up 44.16% to Rs 733.37 lakhs. The Board approved several key decisions including re-appointment of the Cost Auditor, recommendation for director re-appointment, scheduling of the 51st AGM, approval of material related party transactions, and setting of record date and book closure dates.
02Aug 25
Veljan Denison Reports Strong Q1 Results, Schedules AGM for August 29
Veljan Denison Limited reported robust Q1 financial results with significant growth in revenue and profit. Standalone revenue increased by 14.4% to Rs. 3,853.05 lakhs, while consolidated revenue grew by 15.5% to Rs. 4,262.22 lakhs. Profit after tax saw a substantial rise, with standalone PAT up 42% to Rs. 710.96 lakhs and consolidated PAT up 44.2% to Rs. 733.37 lakhs. The company also announced several corporate updates, including the scheduling of its 51st AGM for August 29, setting the dividend record date as August 22, re-appointing the cost auditor, and recommending the re-appointment of Mrs. Umadevi Uppaluri as a director.
21Jul 25
Veljan Denison Limited Secures CARE BBB+ Rating for Rs 30 Crore Long-Term Bank Facilities
Veljan Denison Limited (VDL) has received a credit rating upgrade from CARE Ratings Limited for its bank facilities totaling Rs 43.00 crore. Long-term facilities of Rs 30.00 crore are rated CARE BBB+ with a stable outlook, while short-term facilities of Rs 10.00 crore are rated CARE A2. The upgrade is based on VDL's improved financial performance, with a 13% growth in total operating income to Rs 156.00 crore and a PBILDT margin of 23.70%. The company maintains a comfortable capital structure with a low gearing ratio of 0.05x. Key strengths include experienced management, diverse customer base, and stable industry outlook. Challenges include moderate scale of operations and working capital intensity. The Indian hydraulic equipment market is expected to grow at a CAGR of 3.64% from 2025 to 2033.
30May 25
Veljan Denison Reports Q4 Revenue Growth and Announces Dividend
Veljan Denison's Q4 results show revenue increase to ₹414.70 crore, up 13% year-over-year. EBITDA rose to ₹127.70 crore, while net profit grew to ₹60.30 crore, a 5.8% increase from the previous year. The company's board recommended a dividend of ₹8.50 per equity share. Despite growth in absolute terms, EBITDA margin slightly declined to 30.79% from 32.71% year-over-year.