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    Veljan Denison Limited

    Automobile and Auto Components
    Consumer Discretionary

    Overview

    Price

    Market Cap

    ₹803 Cr

    Sector

    Automobile and Auto Components

    Consumer Discretionary

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital22222444
    Reserves148155169183203221234246
    Borrowings610797881
    Other Liabilities2221243027333030
    Total Liabilities178188202225239268276283
    AssetsFixed Assets5662587090959696
    CWIP737153222
    Investments00000000
    Other Assets115123137139147171178184
    Total Assets178188202225239268276283

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY23FY24FY25FY26
    ActivitiesCash from Operating19151932
    Cash from Investing-17-8-9-13
    Cash from Financing0-8-4-12
    SummaryCapital Expenditure
    Free Cash Flow55925
    FCF Margin

    Valuation

    Assumptions

    Current — VELJAN
    Price
    ₹1,744
    EPS (TTM)
    ₹57.40
    PE (TTM)
    30.4
    Profit growth
    8.5%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (23.4×) and current (30.4×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹1,744
    vs
    Fair value · 15% return
    ₹848
    51%Overvalued

    At 8.5% growth and a 23× exit, ₹1744 only delivers your return if you pay ₹848. The price is currently baking in 24% growth.

    EPS grows 8.5%/yr for 5 years, then fades to 6% over 2, exits at 23×.

    YearGrowthEPS (₹)
    FY278.5%62.28
    FY288.5%67.57
    FY298.5%73.32
    FY308.5%79.55
    FY318.5%86.31
    FY327.3% ·fade92.57
    FY336.0% ·fade98.12

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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