Veljan Denison Key Ratios

Stock Card

BSE: 505232

₹1,808.80

₹-2.20 (-0.12%)

As on 28-Aug-2026IST

Market cap

₹810 Cr

Revenue (TTM)

₹165 Cr

P/E Ratio

P/B Ratio

3.1

Div. Yield

0.5 %

Key Ratios and Highlights

Growth Score (%)	Quarterly		Annual (TTM)
Particulars	QoQ	YoY	1-Year	3-Years	5-Years
Revenue	-4.33	1.39	1.42	10.30	12.94
EBIT	12.46	1.78	2.44	17.99	23.03
Net Profit	13.49	4.95	3.00	18.51	19.84
EPS	13.49	4.95	3.00	18.51	22.43
Book Value	--	--	9.48	9.51	8.94

Key Ratios (%)	Average		Annual (TTM)
Particulars	3-Years	5-Years	TTM	Mar-26	Mar-25
EBIT-Margin	20.73	20.07	20.27	20.23	19.78
Net Margin	16.05	15.58	15.54	15.45	14.96
Return on equity	10.72	10.14	10.71	10.84	11.02
Return on Capital	14.46	13.61	--	14.93	15.11
Return on Assets	9.26	8.68	9.52	9.39	9.37
Debt to Equity (x)	--	--	0.00	0.00	0.04

Profitability

View Detailed Peer Comparison

ROCE

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	--	14.93	15.11	15.06	11.51
Peer Median	--	23.76	33.99	24.25	23.34

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

ROE

10.71

Lower than Peers by 7.22

Profit after tax / Average Net worth * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	10.71	10.84	11.02	11.32	8.65
Peer Median	17.93	18.04	25.48	20.95	17.44

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

ROA

9.52

Lower than Peers by 1.36

Profit after tax / Average Total assets * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	9.52	9.39	9.37	9.52	7.12
Peer Median	10.87	10.88	15.59	10.83	10.66

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EBIT Margin

20.27

Higher than Peers by 5.65

Operating profit (EBIT) / Net Sales * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	20.27	20.23	19.78	20.18	16.86
Peer Median	14.61	12.60	16.50	15.49	12.72

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Net Margin

15.54

Higher than Peers by 5.15

Net profit / Total Income (Net sales plus other income) * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	15.54	15.45	14.96	15.71	13.07
Peer Median	10.39	10.57	11.64	9.93	9.80

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Cash Profit Margin

(Net profit + Depreciation) / Gross Sales * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	--	19.68	19.12	20.09	17.76
Peer Median	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

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Revenue Growth

2.18

Lower than Peers by 7.26

Year on year growth in net sales

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	2.18	5.38	13.08	14.19	--
Peer Median	9.44	8.91	7.11	12.72	7.27

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EBIT Growth

0.74

Lower than Peers by 9.80

Year on year growth in operating profit (EBIT)

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	0.74	7.79	10.86	36.69	--
Peer Median	10.53	-0.69	8.76	16.11	21.56

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Net Profit Growth

3.00

Lower than Peers by 6.85

Year on year growth in profit after tax

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	3.00	8.93	7.45	37.76	--
Peer Median	9.85	1.08	3.73	18.64	21.76

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EPS Growth

3.00

Lower than Peers by 0.03

Year on year growth in earnings per share

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	3.00	5.69	9.43	37.76	--
Peer Median	3.03	3.33	0.67	49.35	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Book Value Growth

Year on year growth in book value per share

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	--	11.13	10.20	10.64	--
Peer Median	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

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Debt to Equity

0.00

Lower than Peers by 0.00

Total debt / Net worth

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	0.00	0.00	0.04	0.03	0.05
Peer Median	0.00	0.18	0.14	0.11	0.18

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Short term debt to equity ratio

(Short term borrowings / Net worth)

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	--	0.00	0.03	0.03	0.05
Peer Median	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Current Ratio

7.60

Higher than Peers by 5.55

Current Assets / Current Liabilities and Provisions

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	7.60	7.60	4.85	5.03	3.95
Peer Median	2.05	2.06	2.07	1.92	1.79

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Quick Ratio

4.52

Higher than Peers by 3.05

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	4.52	4.52	2.66	2.79	2.35
Peer Median	1.47	1.49	1.61	1.43	1.36

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Interest Coverage

56.55

Higher than Peers by 42.09

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	56.55	61.98	52.78	29.78	28.57
Peer Median	14.46	9.98	14.26	13.95	12.97

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

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Debtors to sales

22.21

Lower than Peers by 4.65

Debtors outstanding / Net Sales * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	22.21	22.33	22.38	22.37	25.61
Peer Median	26.86	28.92	30.76	24.25	21.79

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Asset Turnover

0.60

Lower than Peers by 0.48

Sales / Average Total Assets

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	0.60	0.60	0.61	0.59	0.54
Peer Median	1.08	1.16	1.15	1.15	1.18

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Receivable days

Average Debtors / Sales * 365

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	--	79.54	76.96	81.75	93.49
Peer Median	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Inventory Days

Average Inventory / Sales * 365

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	--	167.50	165.42	160.29	169.48
Peer Median	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Payable days

Average Creditors / Cost of goods sold * 365

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	--	71.00	77.94	84.12	95.84
Peer Median	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Cash Conversion Cycle

Receivable Days + Inventory Days - Payable Days

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	--	176.04	164.44	157.92	167.12
Peer Median	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

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Price / Earnings

30.96

Lower than Peers by 13.00

Current share price divided by earning per share in the last twelve months

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	30.96	13.40	17.20	20.31	8.62
Peer Median	43.95	40.72	35.43	44.59	53.62

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Price / Book Value

3.13

Lower than Peers by 1.75

Current share price divided by book value per share in the latest financial year

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	3.13	1.36	1.84	4.38	1.49
Peer Median	4.88	4.88	5.29	7.86	7.17

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Dividend Yield

0.47

Higher than Peers by 0.11

Dividend per share in the past twelve months divided by current share price

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	0.47	1.12	0.92	0.43	1.06
Peer Median	0.37	0.37	0.43	0.42	0.39

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EV/EBITDA

17.20

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	17.20	6.54	9.47	23.87	8.83
Peer Median	--	27.27	24.76	39.21	52.46

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Market Cap

810

Lower than Peers by 5,276

Current Share price multiplied by latest total number of shares outstanding

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Veljan Denison	810	342	415	897	276
Peer Median	6,086	6,086	8,463	11,372	7,146

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.