Veljan Denison Reports Record Sales and Profits Amid Inventory Challenges in February 2025

Veljan Denison, a microcap company in the engineering and industrial equipment sector, recently announced its financial results for the quarter ending December 2024. The report, released on February 13, 2025, highlights several noteworthy trends.
The company achieved its highest quarterly net sales at Rs 40.00 crore, marking a consistent growth trajectory over the last five quarters. Additionally, Veljan Denison reported an operating profit of Rs 9.96 crore, also the highest in the same period, indicating a positive trend in operational efficiency with an operating profit margin reaching 24.90%. Furthermore, profit before tax (PBT) and profit after tax (PAT) figures were recorded at Rs 8.32 crore and Rs 6.56 crore, respectively, both reflecting the best performance in the last five quarters.

However, the financial results also revealed challenges, particularly in the inventory turnover ratio, which has reached its lowest point at 2.06 times over the past five half-yearly periods, suggesting a slowdown in the pace of inventory sales.

In light of these developments, Veljan Denison has experienced an adjustment in its evaluation, with its score reflecting a change from 7 to 6 over the last three months.

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