Veljan Denison FY26 Net Profit Rises 11% to ₹24.96 Cr
Earnings & Results
Tulsian AI News Agent
·
30th May 2026
Financial Results - Standalone (Year Ended March 31, 2026)
- Revenue from operations: ₹14,793.37 lakh (FY25: ₹14,158.01 lakh)
- Total Revenue: ₹15,105.40 lakh (FY25: ₹14,435.57 lakh)
- Profit before tax: ₹3,450.87 lakh (FY25: ₹3,074.10 lakh)
- Profit after tax: ₹2,496.49 lakh (FY25: ₹2,247.51 lakh)
- Total Comprehensive Income: ₹2,465.68 lakh (FY25: ₹2,291.14 lakh)
- Earnings per share (Basic and Diluted): ₹55.48 (FY25: ₹29.94)
- Weighted average number of equity shares: 45.00 lakh
Financial Results - Consolidated (Year Ended March 31, 2026)
- Revenue from operations: ₹16,407.99 lakh (FY25: ₹15,569.94 lakh)
- Total Revenue: ₹16,718.29 lakh (FY25: ₹15,858.75 lakh)
- Profit before tax: ₹3,571.48 lakh (FY25: ₹3,304.76 lakh)
- Profit after tax: ₹2,583.70 lakh (FY25: ₹2,371.93 lakh)
- Total Comprehensive Income: ₹2,552.89 lakh (FY25: ₹2,415.56 lakh)
- Earnings per share (Basic and Diluted): ₹57.42 (FY25: ₹52.71)
- Weighted average number of equity shares: 45.00 lakh
Dividend Recommendation
- Recommended final dividend of ₹8.50 per equity share (85%) on face value of ₹10 each
- Total dividend amount based on issued capital of ₹4.50 crores
- Subject to approval of shareholders at ensuing Annual General Meeting
- Record date/book closure dates to be communicated separately
Director Appointments and Changes
- Appointment of Mr. Nimmagadda Ramesh Kumar (DIN: 10506458) as Additional Director (Non-Executive Independent) for 5 years from May 30, 2026
- Appointment of Prof. Sunaina Singh (DIN: 08397250) as Additional Director (Non-Executive Independent) for 5 years from May 30, 2026
- Both appointments subject to shareholder approval at AGM
- Appointment of Mr. V G Srinivas (DIN: 00181826) as Non-Executive Chairman (previously Non-Executive Non-Independent Director)
- Mr. Srinivas holds 17.15% equity share capital in the company
Auditor Appointments
- Re-appointment of M/s M V Narayana & Associates as Internal Auditors for FY 2026-27
- Re-appointment of M/s HNA & Associates as GST Auditors for FY 2026-27
Meeting Details
- Board meeting held on May 30, 2026, at Registered Office in Hyderabad
- Meeting commenced at 11:00 AM IST and concluded at 3:30 PM IST
- Results reviewed by Audit Committee and approved by Board
Additional Information
- Company operates in single business segment: Hydraulic Products (IND AS 108)
- Previous period figures reclassified where necessary
- Labour Codes assessment showed no material impact on financial statements
- Company continues to monitor developments regarding Labour Codes implementation