X

Veljan Denison Ltd. Stock Analysis

Small Cap
Evaluated by 270 users | BSE: 505232 | NSE: |
Compressors / Pumps
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...

Analysis of Financial Track Record

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.
Value Creation
 Sep'09Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 11.03%30.3%16.82%12.35%9.63%13.57%11.29%11.46%11.41%11.09%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 4267.882.77372.878.980.376.996.287.5
Y-o-Y Gr. Rt.-61.2%22.1%-11.7%-0.3%8.3%1.8%-4.3%25.2%-9%
Adjusted EPS (Rs.) 21.0650.5650.4243.8537.5158.1955.7564.5172.3472.6
Y-o-Y Gr. Rt.-140.1%-0.3%-13%-14.5%55.1%-4.2%15.7%12.1%0.4%
Book Value per Share (Rs.) 180.07165.92291.25326.69355.43401.7445.41510.04570.35630.9
Adjusted Net Profit 4.711.311.39.98.413.112.514.516.316.3
Net Op. Cash Flow (Rs. Cr.) 14.844.95.73.90.213.117.817.129.1
Debt to Cash Flow from Ops 0.92.483.14.544.96134.522.021.911.290.66
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Veljan Denison Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 8.5%3.8%2.9%-9%
Adjusted EPS 14.7%14.1%9.2%0.4%
Book Value per Share 1512.212.310.6
Share Price 8.6% 5.8% -11% 16.6%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Sep'09Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 12.2535.3618.7114.191115.3713.1613.513.3912.09
Operating Profit Margin (%) 28.9332.1926.7725.9721.9627.7726.7830.0128.9529.81
Net Profit Margin (%) 11.2116.713.7213.5111.5916.615.6318.8816.9218.67
Debt to Equity 0.330.260.230.350.240.290.260.30.170.14
Working Capital Days 343158256321363398412399363422
Cash Conversion Cycle 13186187250247264329335293299
Entity Percentage Holding
Promoters 74.98%
Non-Institutions 25.02%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Veljan Denison Ltd.'s performance infers:

Veljan Denison Ltd. earnings have grown by 14.1%, whereas share price has appreciated 5.8% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Veljan Denison Ltd. share prices over the last 10 years. Here is what we found out:

Veljan Denison Ltd. share price has appreciated 9.2% annually over the past ten years.

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

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.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback