Veljan Denison Performance

Day Range

Low
High

1757.85

52 Week Range

Low
High

1757.85

Open Price
Previous Close
Volume

Start SIP in Veljan Denison

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Veljan Denison Share Price

Over 1 Month 2.56%
Over 3 Month 38.64%
Over 6 Month 40.72%
Over 1 Year 28.78%

Veljan Denison Key Statistics

Veljan Denison Investment Rating

Master Rating:
Veljan Denison has an operating revenue of Rs. 93.00 Cr. on a trailing 12-month basis. An annual revenue growth of 12% is good, Pre-tax margin of 18% is great, ROE of 8% is fair but needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 9% and 29% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 21% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 50 which is a POOR score indicating inconsistency in earnings, a RS Rating of 75 which is FAIR indicating the recent price performance, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 82 indicates it belongs to a poor industry group of Machinery-Gen Industrial and a Master Score of B is close to being the best. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Veljan Denison Financials

Standalone Consolidated

Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios
Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios

Indicator	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	28	27	27	29	28	27
Operating Expenses Qtr Cr	21	23	21	22	21	20
Operating Profit Qtr Cr	8	4	6	7	7	8
Depreciation Qtr Cr	1	1	1	1	1	1
Interest Qtr Cr	0	0	0	0	0	0
Tax Qtr Cr	2	1	1	2	2	2
Net Profit Qtr Cr	5	2	3	4	5	5

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	113	100
Operating Expenses Annual Cr	87	72
Operating Profit Annual in Cr	23	26
Depreciation Cr	5	5
Interest Annual Cr	1	0
Tax Annual Cr	5	6
Net Profit Annual Cr	15	17

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr		13
Cash from Investing Activity Annual Cr		-7
Cash from Financing Annual Activity Cr		-5
Net Cash Flow Annual Cr		0

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	183	171
Fixed Assets Annual Cr	74	65
Total Non Current Assets Annual Cr	89	66
Total Current Assets Annual Cr	130	136
Total Assets Annual Cr	219	202

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	814	762
ROE Annual %	8	10
ROCE Annual %	11	13
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	23	29

Indicator	Jun 2023	Mar 2023	Dec 2022
Oper Rev Qtr Cr	32	30	30
Operating Expenses Qtr Cr	23	26	24
Operating Profit Qtr Cr	9	4	7
Depreciation Qtr Cr	1	2	1
Interest Qtr Cr	0	0	0
Tax Qtr Cr	2	1	2
Net Profit Qtr Cr	6	2	4

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	123
Operating Expenses Annual Cr	95
Operating Profit Annual in Cr	26
Depreciation Cr	5
Interest Annual Cr	1
Tax Annual Cr	6
Net Profit Annual Cr	16

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	185
Fixed Assets Annual Cr	82
Total Non Current Assets Annual Cr	86
Total Current Assets Annual Cr	139
Total Assets Annual Cr	225

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	823
ROE Annual %	9
ROCE Annual %	12
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	23

Veljan Denison Technicals

EMA & SMA

Current Price

₹1757.85

-1.65 (-0.09%)

Bullish Moving Average
___
8

Bearish Moving Average
___
8

EMA SMA

20 Day
₹1775.04

50 Day
₹1653.52

100 Day
₹1524.05

200 Day
₹1407.94

20 Day
₹1810.77

50 Day
₹1620.78

100 Day
₹1454.4

200 Day
₹1356.28

Veljan Denison Resistance and Support

PIVOT

₹1750.44

Resistance
First Resistance	₹1770.87
Second Resistance	₹1798.34
Third Resistance	₹1818.77

RSI	49.33
MFI	46.7
MACD Single Line	64.27
MACD	38.07

Support
First Resistance	₹1722.97
Second Resistance	₹1702.54
Third Resistance	₹1675.07

Veljan Denison Delivery and Volume

Period	NSE + BSE Volume Avg	NSE + BSE Delivery Volume Avg	NSE + BSE Delivery Volume %
Day	286	18,201	63.64
Week	250	20,551	82.12
1 Month	717	56,945	79.4
6 Month	515	40,766	79.13

Veljan Denison Result Highlights

Veljan Denison Synopsis

BSE-Machinery-Gen Industrial

Veljan Denison belongs to the Industry of Compressors. Company’s Total Operating Revenue is Rs. 110.64 Cr. and Equity Capital is Rs. 2.25 Cr. for the Year ended 31/03/2023. Veljan Denison Ltd. is a Public Limited Listed company incorporated on 19/12/1973 and has its registered office in the State of Telangana, India. Company’s Corporate Identification Number(CIN) is L29119TG1973PLC001670 and registration number is 001670.

Market Cap	389
Sales	111
Shares in Float	0.06
No of funds
Yield	0.74

Book Value	2.16
U/D Vol ratio	1.4
LTDebt / Equity
Alpha	0.11
Beta	0.89

Veljan Denison

Owner Name	Jun-23	Mar-23	Dec-22	Sep-22
Promoters	74.98%	74.98%	74.98%	74.98%
Individual Investors	13.27%	13.29%	13.29%	13.26%
Others	11.75%	11.73%	11.73%	11.76%

Veljan Denison Management

Name	Designation
Mr. V C Janardan Rao	Chairman & Managing Director
Mr. U Srikrishna	Executive Director & CEO
Mr. A Suresh	Independent Director
Mr. B S Srinivasan	Independent Director
Mr. G Narayan Rao	Independent Director
Mrs. U Uma Devi	Director

Veljan Denison Forecast

Price Estimates

2,000(9.8%)

1,758(-3.5%)

1,590(-12.7%)

Other Analyst Rating

Veljan Denison Corporate Action

Board

Date	Purpose	Remarks
2023-08-14	Quarterly Results & A.G.M.
2023-05-30	Audited Results & Dividend
2023-02-14	Quarterly Results
2022-11-14	Quarterly Results
2022-08-12	Quarterly Results