Veljan Denison Limited

Manufacturer of pneumatic and hydraulic products, pumps, motors, valves, and custom-built power systems.

1973 | Hyderabad, Telangana (India) | Active
Last Updated:

Veljan Denison Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 51 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 86.74 Cr
  • Satisfied Charges ₹ 27.08 Cr
  • Revenue Growth 12.32%
  • Profit Growth -13.60%
  • Ebitda -9.02%
  • Net Worth 6.80%
  • Total Assets 8.17%

About Veljan Denison

Veljan Denison Limited (VDL) was founded in India on 19 December 1973 and has a glorious history of 51 years and two months. Its registered office is in Hyderabad, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505232.

The Corporate was formerly known as Denison Hydraulics India Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 4.50 Cr.

The company currently has active open charges totaling ₹86.74 Cr. The company has closed loans amounting to ₹27.08 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Veljan Denison Limited India are Ghanta Rao as CFO and Narahari Bellamkonda as Company Secretary. Narayana Garapaty, Uma Uppaluri, Janardan Velamati, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    veljan.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29119TG1973PLC001670

  • Company No.

    001670

  • Stock Symbol

    BSE : 505232

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Dec 1973

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Machinery and Equipment

What products or services does Veljan Denison Limited offer?

Veljan Denison Limited offers a wide range of products and services, including Lubrication Systems and Equipment, Automatic Oil & Grease Lubricators, Pumps, Pumping Machines & Spares, Vane Pump, Industrial Valves & Valve Fittings, Industrial Valves, Tractor, Tractor Parts & Assemblies, Tiller, Single Vane Pump, Double Vane Pump.

Who are the key members and board of directors at Veljan Denison?

Executive Team (3)

NameDesignationAppointment DateStatus
Janardan Velamati Country flag representing In Managing Director19-Dec-1973Current
Ghanta Rao Country flag representing In CFO14-Nov-2019Current
Narahari Bellamkonda Country flag representing In Company Secretary09-Feb-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Narayana Garapaty Country flag representing In Director 31-Jul-2020Current
Uma Uppaluri Country flag representing In Director 30-Jul-2014Current
Subbiah Battina Country flag representing In Director 30-Aug-2013Current
Suresh Akella Country flag representing In Director 30-Sep-2021Current
Srikrishna Uppaluri Country flag representing In Whole-Time Director 15-Sep-2020Current

Financial Performance of Veljan Denison.

Veljan Denison Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.32% increase. The company also saw a substantial fall in profitability, with a 13.6% decrease in profit. The company's net worth moved up by a moderate rise of 6.8%.

Veljan Denison revenue growth over time
Veljan Denison profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
12.32%
Revenue from Operations
13.07%
Total Assets
8.17%
Profit or Loss
-13.60%
Net Worth
6.80%
EBITDA
-9.02%

What is the Ownership and Shareholding Structure of Veljan Denison?

In 2023, Veljan Denison had a promoter holding of 74.98% and a public holding of 25.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹86.74 Cr

Satisfied Charges

₹27.08 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 41.90 Cr
  • Canara Bank : 28.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 10.00 Cr
  • A.P. State Financial Corporation : 3.83 Cr
  • Andhra Bank : 1.47 Cr
  • Others : 1.54 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jan 2023The Hongkong And Shanghai Banking Corporation Limited₹10.00 CrOpen
07 Apr 2016Hdfc Bank Limited₹29.00 CrOpen
10 Apr 2015Hdfc Bank Limited₹12.90 CrOpen
13 Jan 2010Canara Bank₹28.00 CrOpen
26 Mar 2002A.P. State Financial Corporation₹3.78 CrOpen

How Many Employees Work at Veljan Denison?

Veljan Denison has a workforce of 265 employees as of Mar 26, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Veljan Denison Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veljan Denison, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Veljan Denison's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Veljan Denison

Recent activity within the organization

  • Annual General Meeting

    Veljan Denison Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Veljan Denison Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 10.00 Cr with Charge ID 100678328 was registered on 16 Jan 2023.

  • Director Appointment

    Suresh Akella was appointed as a Director was appointed as a Director on 30 Sep 2021 & has been associated with this company since 3 years 5 months .

  • Director Appointment

    Narayana Rao Garapaty was appointed as a Director was appointed as a Director on 31 Jul 2020 & has been associated with this company since 4 years 7 months .

  • Charges

    A charge with Hdfc Bank Limited of Rs. 29.00 Cr registered on 07 Apr 2016 with Charge ID 100023363 was modified on 16 Feb 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Veljan Denison Limited?

    Veljan Denison Limited was incorporated on 19 Dec 1973.

  • What is authorized share capital and paid-up capital of Veljan Denison Limited?

    The authorized share capital of Veljan Denison Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.50 Cr.

  • Who are the current board members & directors of Veljan Denison Limited?

    Currently 8 directors are associated with Veljan Denison Limited.

    • Narayana Rao Garapaty
    • Uma Devi Uppaluri
    • Janardan Rao Chandrasekhara Velamati
    • Subbiah Srinivasan Battina
    • Suresh Akella
    • Srikrishna Uppaluri
    • Ghanta Subba Rao
    • Narahari Bellamkonda

  • What is the registered address of Veljan Denison Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Veljan Denison Limited is Plot No.44 4Th Floor Chikoti Gardens Begumpet, India, Hyderabad, Telangana, 500016.

  • What is the corporate identification number (CIN) and company number of Veljan Denison Limited?

    The corporate identification number (CIN) of Veljan Denison Limited is L29119TG1973PLC001670 and the company number is 001670 as per Ministry of Corporate Affairs (MCA).

  • Is Veljan Denison Limited registered with any stock exchange in India?

    Yes, Veljan Denison Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Veljan Denison Limited?

    The Official website of Veljan Denison Limited is https://www.veljan.in

  • What has been the recent revenue trend for Veljan Denison Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Veljan Denison Limited has risen by 12.32%.

  • How many employees does Veljan Denison Limited currently have?

    As Per 2023 financial reports, 265 employees are currently employed by Veljan Denison Limited.

  • What change has been observed in the net worth of Veljan Denison Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Veljan Denison Limited has experienced an upsurge of 6.80%.

  • What are the total open charges for Veljan Denison Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Veljan Denison Limited amount to ₹ 86.74 Cr.

  • When was the last Balance Sheet of Veljan Denison Limited filed with the ROC?

    The most recent Balance Sheet for Veljan Denison Limited was filed with the ROC on 31 Mar 2024.

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