Veljan Denison News

Veljan Denison Reports Strong Q2 Results, Records Director Tenure Completion

Veljan Denison Limited announced its quarterly results for the quarter and half year ended September 30, 2025. The company reported standalone revenue from operations of Rs. 3,570.26 lakhs for the quarter, with profit after tax of Rs. 664.12 lakhs. For the half year, standalone revenue reached Rs. 7,425.54 lakhs with profit after tax of Rs. 1,375.08 lakhs. On a consolidated basis, quarterly revenue was Rs. 3,863.32 lakhs with profit after tax of Rs. 665.40 lakhs, while half-year consolidated revenue stood at Rs. 8,125.54 lakhs with profit after tax of Rs. 1,398.77 lakhs. The company recorded the tenure completion of Mr. G Narayan Rao as Independent Director and reconstituted its board committees including Audit, Nomination & Remuneration, Stakeholders Relationship, and Corporate Social Responsibility committees. The company operates in the hydraulic products business segment.

Veljan Denison Limited Reports Strong Q1 Results, Approves AGM and Related Party Transactions

Veljan Denison Limited's Board approved unaudited financial results for the quarter ended June 30, 2025. The company reported standalone revenue from operations of Rs 3,853.05 lakhs and profit after tax of Rs 710.96 lakhs, compared to Rs 3,366.65 lakhs revenue and Rs 500.71 lakhs profit in the same quarter last year. Consolidated revenue reached Rs 4,262.22 lakhs with profit after tax of Rs 733.37 lakhs, up from Rs 3,680.07 lakhs revenue and Rs 508.73 lakhs profit in the previous year. The Board re-appointed SRK & Co. as Cost Auditor for FY 2025-26 and recommended Mrs. Umadevi Uppaluri's reappointment as director. The 51st Annual General Meeting is scheduled for August 29, 2025. The company approved material related party transactions with Veljan Hydrair Limited, Suxus Systems Limited, and ECMAT Limited, subject to shareholder approval. The record date for dividend payment and e-voting eligibility is August 22, 2025.

Veljan Denison Reports Strong Q1 Results, Schedules AGM for August 29

Veljan Denison Limited reported quarterly results for the period ended June 30, 2025, showing revenue from operations of Rs 3,853.05 lakhs (standalone) and Rs 4,262.22 lakhs (consolidated), compared to Rs 3,366.65 lakhs and Rs 3,690.07 lakhs respectively in the same quarter last year. Profit after tax increased to Rs 710.96 lakhs (standalone) and Rs 733.37 lakhs (consolidated) from Rs 500.71 lakhs and Rs 508.73 lakhs in the previous year quarter. The company re-appointed SRK & Co. as Cost Auditor for FY 2025-26 and recommended the re-appointment of Mrs. Umadevi Uppaluri as director. The 51st Annual General Meeting is scheduled for August 29, 2025, at the company's registered office in Hyderabad. The board approved material related party transactions with Veljan Hydrair Limited, Suxus Systems Limited, and ECMAT Limited, subject to shareholder approval. The record date for dividend payment and e-voting eligibility is August 22, 2025, with share transfer books closing from August 23-29, 2025.

Veljan Denison Limited Receives CARE BBB+ Rating for Long-Term Bank Facilities Worth Rs 30 Crore

CARE Ratings Limited assigned credit ratings to Veljan Denison Limited's bank facilities totaling Rs 43 crore. The company received CARE BBB+ with stable outlook for Rs 30 crore long-term facilities and CARE A2 rating for Rs 10 crore short-term facilities. The ratings were reaffirmed based on the company's experienced management, improved total operating income of Rs 156 crore in FY25 (13% growth), healthy profit margins of 23.70%, and comfortable capital structure with low gearing ratio of 0.05x. However, ratings are constrained by moderate scale of operations, competitive industry dynamics, raw material price volatility, and working capital intensive operations with 233-day operating cycle. The hydraulic equipment manufacturer reported strong liquidity with current ratio of 4.82x and interest coverage of 57.83x. CARE expects stable outlook supported by steady demand from hydraulic equipment sector and management's extensive experience.