Virtuoso Optoelectronics Ltd

Virtuoso Optoelectronics Ltd

₹ 474 0.12%
10 Jun - close price
About

Incorporated in 2015, Virtuoso Optoelectronics Ltd is a manufacturer of White Goods and also offers Electronics Manufacturing Services[1]

Key Points

Business Overview:[1][2]
VOEPL, promoted by the Bharti family, is an OEM/ODM specializing in white goods and electronic items. The company manufactures, sells, and markets consumer electronics like air conditioners, water heaters, and lighting while also offering electronics manufacturing services (EMS) and related products.

  • Market Cap 1,083 Cr.
  • Current Price 474
  • High / Low 690 / 272
  • Stock P/E 76.6
  • Book Value 123
  • Dividend Yield 0.00 %
  • ROCE 12.6 %
  • ROE 5.75 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 58.6% CAGR over last 5 years

Cons

  • Stock is trading at 3.84 times its book value
  • 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: -3.19%
  • Company has a low return on equity of 7.04% over last 3 years.

* 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.

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025
113 225 238 293 309 388
97 207 215 264 285 357
Operating Profit 16 18 23 28 25 31
OPM % 14% 8% 10% 10% 8% 8%
1 -0 1 1 4 2
Interest 5 8 10 10 11 14
Depreciation 5 5 8 10 5 6
Profit before tax 7 4 6 9 12 13
Tax % 28% 37% 38% 23% 31% 56%
5 3 4 7 9 6
EPS in Rs 2.47 1.20 1.54 2.90 3.76 2.43
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
55 68 115 200 337 531 697
52 60 103 180 304 480 642
Operating Profit 3 8 12 20 34 51 56
OPM % 5% 12% 11% 10% 10% 10% 8%
0 0 0 0 1 1 5
Interest 2 5 7 9 14 20 25
Depreciation 0 1 2 5 9 18 10
Profit before tax 1 2 3 6 11 14 25
Tax % 39% 27% 28% 31% 31% 29% 44%
1 1 2 4 8 10 14
EPS in Rs 3.60 8.47 12.50 2.63 3.40 4.44 6.19
Dividend Payout % 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 59%
3 Years: 52%
TTM: 31%
Compounded Profit Growth
10 Years: %
5 Years: 59%
3 Years: 53%
TTM: 39%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 74%
Return on Equity
10 Years: %
5 Years: 8%
3 Years: 7%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 2 2 2 15 23 26 29
Reserves 3 10 15 6 71 183 252
17 39 51 68 88 135 171
5 7 12 36 95 111 157
Total Liabilities 26 57 80 126 276 455 611
5 11 18 50 88 130 201
CWIP 0 8 9 0 6 7 48
Investments 0 0 0 1 10 100 42
21 38 53 74 172 218 319
Total Assets 26 57 80 126 276 455 611

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2 -6 1 22 -10 14 32
-5 -16 -10 -30 -63 -150 -92
3 21 8 9 72 136 63
Net Cash Flow 1 -1 -0 1 -0 -0 2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 75 106 34 16 28 15 16
Inventory Days 53 94 137 134 182 138 128
Days Payable 34 43 37 64 114 82 79
Cash Conversion Cycle 95 157 134 86 96 70 65
Working Capital Days 100 151 130 70 86 75 84
ROCE % 19% 18% 19% 18% 13% 13%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025
73.51% 65.60% 65.60% 56.88% 56.88% 53.69%
0.00% 0.00% 0.00% 0.31% 1.52% 1.65%
1.39% 1.43% 1.43% 1.24% 1.24% 0.23%
25.10% 32.97% 32.97% 41.57% 40.37% 44.45%
No. of Shareholders 8901,0581,7072,9383,2643,276

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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