Veljan Denison (BOM:505232) ROCE %: 14.81% (As of Mar. 2026)


BOM:505232 Veljan Denison Ltd BOM:505232
78 GF Score
Price ₹1,202.10
GF Value ₹1,280.86
Valuation Fairly Valued
! 7 Warning Signs
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What is Veljan Denison ROCE %?

Veljan Denison BOM:505232 -3.68% 78 ROCE % is 14.81% as of Mar. 2026. GuruFocus rates BOM:505232 with a GF Score™ of 78/100 and a GF Value™ of ₹1,280.86 (Fairly Valued). The stock has 7 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Veljan Denison's annualized ROCE % for the quarter that ended in Mar. 2026 was 14.81%.


Veljan Denison  (BOM:505232) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Veljan Denison ROCE % Related Terms


Veljan Denison ROCE % Historical Data

* Premium members only.

The historical data trend for Veljan Denison's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Veljan Denison ROCE % Chart

Veljan Denison Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.92 12.15 15.22 15.22 14.78

Veljan Denison Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.77 17.21 14.92 12.33 14.81
BOM:505232
78GF Score
Veljan Denison Ltd BOM:505232
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Veljan Denison ROCE % Calculation

Veljan Denison's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=363.005/( ( (2675.356 - 347.38) + (2825.072 - 241.194) )/ 2 )
=363.005/( (2327.976+2583.878)/ 2 )
=363.005/2455.927
=14.78 %

Veljan Denison's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=382.564/( ( (0 - 0) + (2825.072 - 241.194) )/ 1 )
=382.564/( ( 0 + 2583.878 )/ 1 )
=382.564/2583.878
=14.81 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 14.81% mean?
Veljan Denison (BOM:505232) has a ROCE % of 14.81% as of Mar. 2026.
Is Veljan Denison's ROCE % too high?
Veljan Denison's current ROCE % is 14.81%. The Industrial Products industry median ROCE % is 7.09. Veljan Denison's value of 14.81% is 108.9% above this industry median. Overall, Veljan Denison has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Veljan Denison's ROCE % compare to GEV and ETN?
Veljan Denison's ROCE % of 14.81% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.09. Veljan Denison's value of 14.81% is 108.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.09, based on 3,027 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Veljan Denison's current ROCE % of 14.81% is 108.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veljan Denison's current ROCE % is 14.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veljan Denison stock overvalued right now?
Based on GuruFocus' analysis, Veljan Denison (BOM:505232) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,280.86, compared to a current price of ₹1,202.10 — trading 6.1% below its estimated fair value. The current ROCE % is 14.81% and 108.9% above the Industrial Products industry median of 7.09. Veljan Denison's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Veljan Denison (BOM:505232), the current ROCE % is 14.81% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Veljan Denison (BOM:505232) Overvalued in 2026?

Based on GuruFocus' analysis, Veljan Denison stock appears to be undervalued. The current stock price of ₹1,202.10 is trading 6.1% below its estimated GF Value™ of ₹1,280.86. GuruFocus considers Veljan Denison to be Fairly Valued.

Key valuation signals for BOM:505232:

  • ROCE %: 14.81%
  • GF Value™: ₹1,280.86 vs. price of ₹1,202.10 (6.1% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 108.9% above the Industrial Products median

No single metric tells the full story. See the BOM:505232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veljan Denison Business Description

Address HCL Towers, Chikoti Gardens, Plot No. 44, 4th Floor, Begumpet, Hyderabad, TG, IND, 500016
Veljan Denison Ltd is an Indian-based company involved in diversified industry business sector. The company manufactures pumps, motors, valves, and custom-built power packs. It operates in one segment namely, Hydraulic equipment. Some of its products include Single Gear Pumps; Double Gear Pumps; Triple Gear Pumps; Bearing Pumps; Truck Pumps; Rig Pumps; Vane Motors; Pressure Controls; Seat Valves; Double Vane Pumps; HT Series; HG Series; Manifolds; Steering Gear System; Fin Stabilizer System and others. Majority of the revenue is generated from the sale of Pumps, Motors, Valves, and Spares.
78GF Score

Get the complete analysis for BOM:505232

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,202.10
Price
₹1,280.86
GF Value