Veljan Denison Ltd - Stock Valuation and Financial Performance

BSE: 505232 | NSE: | Compressors / Pumps | Small Cap

Veljan Denison Ltd Share Price

2,355.40 -14.90 -0.63%
as on 23-Feb'24 12:45

DeciZen - make an informed investing decision on Veljan Denison

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Veljan Denison stock performance -

mw4me loader
P/E Ratio (SA):
30.91
Market Cap:
533.3 Cr.
52-wk low:
1,181
52-wk high:
2,900

Is Veljan Denison Ltd an attractive stock to invest in?

1. Is Veljan Denison Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Veljan Denison Ltd is a average quality company.

2. Is Veljan Denison Ltd undervalued or overvalued?

The key valuation ratios of Veljan Denison Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Veljan Denison Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Veljan Denison Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Veljan Denison:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Veljan Denison Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 9.6%13.6%11.3%11.5%11.4%11.1%8.8%5%9.9%8.2%-
Value Creation
Index
-0.30.0-0.2-0.2-0.2-0.2-0.4-0.6-0.3-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 72.878.980.376.996.287.582.873.697.9111118
Sales YoY Gr.-8.3%1.8%-4.3%25.2%-9%-5.4%-11.1%33%13.1%-
Adj EPS 37.558.255.864.572.372.659.734.47564.876.7
YoY Gr.-55.1%-4.2%15.7%12.1%0.4%-17.8%-42.4%117.9%-13.6%-
BVPS (₹) 355.4401.7445.4510570.4630.3665.9696.4762813.8866.6
Adj Net
Profit
8.413.112.514.516.316.313.47.816.914.617
Cash Flow from Ops. 3.90.213.117.817.129.117.726.312.715.8-
Debt/CF from Ops. 5134.521.91.30.70.40.40.50.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.8%2.8%10.2%13.1%
Adj EPS 6.3%-2.2%2.8%-13.6%
BVPS9.6%7.4%6.9%6.8%
Share Price 27.2% 26.3% 45.1% 93.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
1115.413.213.513.412.19.25.110.38.29.1
Op. Profit
Mgn %
2227.826.8302929.826.118.326.221.122.5
Net Profit
Mgn %
11.616.615.618.916.918.716.210.517.313.214.7
Debt to
Equity
0.20.30.30.30.20.100.100.1-
Working Cap
Days
363398412399363422430423316304212
Cash Conv.
Cycle
247264329335293299280289217220156

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 9.10%

Sales growth is growing at healthy rate in last 3 years 10.15%

Net Profit has been subdued in last 3 years 2.78%

Sales growth is not so good in last 4 quarters at 5.80%

Latest Financials - Veljan Denison Ltd.

Standalone Consolidated
TTM EPS (₹) 76.7 81.4
TTM Sales (₹ Cr.) 118 131
BVPS (₹.) 866.6 881.8
Reserves (₹ Cr.) 193 196
P/BV 2.74 2.69
PE 30.91 29.14
From the Market
52 Week Low / High (₹) 1181.00 / 2900.00
All Time Low / High (₹) 21.72 / 2900.00
Market Cap (₹ Cr.) 533
Equity (₹ Cr.) 2.3
Face Value (₹) 10
Industry PE 51.6

Management X-Ray of Veljan Denison:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Veljan Denison

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Balance Sheet

(All Figures are in Crores.)

Profit And Loss

(All Figures in Cr. Adjusted EPS in Rs.)

Cash Flow

(All Figures are in Crores.)

Veljan Denison Ltd Stock News

Veljan Denison Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Veljan Denison on 23-Feb-2024 12:45 is ₹2,355.4.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Feb-2024 12:45 the market cap of Veljan Denison stood at ₹533.3.
The latest P/E ratio of Veljan Denison as of 23-Feb-2024 12:45 is 30.91.
The latest P/B ratio of Veljan Denison as of 23-Feb-2024 12:45 is 2.74.
The 52-week high of Veljan Denison is ₹2,900 and the 52-week low is ₹1,181.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Veljan Denison is ₹117.6 ( Cr.) .

About Veljan Denison Ltd

Denison Hydraulics India, incorporated in 1973, is an industrial manufacturer and services hydraulic fluid power systems and components. Earlier known as Hagglunds Denisons, it got its present name with effect from May 01, 2001.

The company produces hydraulic pumps and motors including vane pumps and motors, piston pumps and motors, and radial piston motors; electronic components, HydraCOOL system, and OASIS system; valves and manifolds. The products find applications in mobile equipment and machinery used in the construction, demolition, mining, utilities, agricultural, industrial manufacturing industries and marine equipment used in commercial and military sea vessels. Located in the Medak district of Andhra Pradesh, the manufacturing plant has an installed capacity of 60,000 hydraulic pumps, valves, and accumulator cylinders. During the year ended December 31, 2008, the company produced hydraulic pumps, valves, motors and oil hydraulic equipment and others.

The registered office of the company is located at Plot No. 44, 4th Floor, HCL Towers, Chikoti Gardens, Hyderabad-500016, Andhra Pradesh.

Business areas of the company:

The company produces hydraulic pumps and motors including vane pumps and motors, piston pumps and motors, and radial piston motors; electronic components, HydraCOOL system, and OASIS system; valves and manifolds.

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