Virtuoso Optoelectronics Ltd
Incorporated in 2015, Virtuoso Optoelectronics Ltd is a manufacturer of White Goods and also offers Electronics Manufacturing Services[1]
- Market Cap ₹ 569 Cr.
- Current Price ₹ 249
- High / Low ₹ 339 / 170
- Stock P/E 73.3
- Book Value ₹ 42.6
- Dividend Yield 0.00 %
- ROCE 18.4 %
- ROE 13.5 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -8.72%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Consumer Durables Industry: Domestic Appliances
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
55 | 68 | 115 | 200 | 337 | |
52 | 60 | 103 | 180 | 304 | |
Operating Profit | 3 | 8 | 12 | 20 | 34 |
OPM % | 5% | 12% | 11% | 10% | 10% |
0 | 0 | 0 | 0 | 1 | |
Interest | 2 | 5 | 7 | 9 | 14 |
Depreciation | 0 | 1 | 2 | 5 | 9 |
Profit before tax | 1 | 2 | 3 | 6 | 11 |
Tax % | 39% | 27% | 28% | 31% | 31% |
1 | 1 | 2 | 4 | 8 | |
EPS in Rs | 3.60 | 8.47 | 12.50 | 2.63 | 3.40 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 70% |
TTM: | 68% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 77% |
TTM: | 97% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 9% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 15% |
Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 15 | 23 | 23 |
Reserves | 3 | 10 | 15 | 6 | 71 | 74 |
17 | 39 | 51 | 68 | 88 | 112 | |
5 | 7 | 12 | 36 | 95 | 101 | |
Total Liabilities | 26 | 57 | 80 | 126 | 276 | 310 |
5 | 11 | 18 | 50 | 88 | 85 | |
CWIP | 0 | 8 | 9 | 0 | 6 | 31 |
Investments | 0 | 0 | 0 | 1 | 10 | 8 |
21 | 38 | 53 | 74 | 172 | 187 | |
Total Assets | 26 | 57 | 80 | 126 | 276 | 310 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
2 | -6 | 1 | 22 | -10 | |
-5 | -16 | -10 | -30 | -63 | |
3 | 21 | 8 | 9 | 72 | |
Net Cash Flow | 1 | -1 | -0 | 1 | -0 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Debtor Days | 75 | 106 | 34 | 16 | 28 |
Inventory Days | 53 | 94 | 137 | 134 | 172 |
Days Payable | 34 | 43 | 37 | 64 | 108 |
Cash Conversion Cycle | 95 | 157 | 134 | 86 | 93 |
Working Capital Days | 100 | 151 | 130 | 70 | 86 |
ROCE % | 19% | 18% | 19% | 18% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 4 May
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 4 May
- Announcement under Regulation 30 (LODR)-Change in Directorate 29 Apr
- Board Meeting Outcome for Outcome Of Board Meeting 29 Apr
- Certificate Under Regulation 40 (9) Of SEBI (LODR) Regulations, 2015 For The Year Ended March 31, 2024. 19 Apr
Concalls
-
Nov 2023Transcript PPT
-
Jun 2023Transcript PPT
Business Overview:[1][2]
VOEPL is promoted by Bharti family. It is an OEM /ODM for white goods and electronic items. Company is engaged in manufacturing, selling and marketing of Consumer Electronics Goods (White Goods) like Air Conditioners, Water Heaters and Lighting. It also offers Electronics Manufacturing Services and related products