Veljan Denison Limited

Veljan Denison Limited (VELJAN) is a micro-cap Automobile and Auto Components company valued at ₹1,094 crore operating in Auto Components & Equipments on the NSE and BSE.

Recent price move

Veljan Denison Limited last traded at ₹2,457.9, down 2.00% on the day.

Recent developments

On 2026-08-21, the company announced a dividend of ₹8.50 per share, with the ex-date set for that day. This reflects the company's ongoing commitment to shareholder returns.

Financial performance

Veljan Denison Ltd's business has shown strong growth, with annual revenue rising 15.5% and net profit increasing 17.5% year-over-year. The latest quarter saw revenue and net profit remain flat compared to the same quarter a year earlier, though net profit margin improved slightly to 15.7%.

Valuation multiples

The stock trades at 44.3 times earnings, 3.46 times book value. It yields 0.4%.

Things to watch

The stock is currently trading at its 52-week high, leaving no room for further gains. The company's reliance on a single promoter holding of 74.98% could pose a risk to long-term stability and diversification.

Where it stands

Veljan Denison Ltd has delivered consistent revenue and profit growth over the past five years, with a strong net profit margin and return on capital employed. The company's latest quarter results were flat, but its dividend payout highlights its financial health. The stock is at its 52-week high, with the promoter holding at 74.98%.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.