Virtuoso Optoelectronics Ltd
Incorporated in 2015, Virtuoso Optoelectronics Ltd is a manufacturer of White Goods and also offers Electronics Manufacturing Services[1]
- Market Cap ₹ 1,305 Cr.
- Current Price ₹ 572
- High / Low ₹ 690 / 223
- Stock P/E 85.9
- Book Value ₹ 94.6
- Dividend Yield 0.00 %
- ROCE 13.1 %
- ROE 6.68 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 79.7% CAGR over last 5 years
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: -3.19%
- Company has a low return on equity of 9.59% 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.
Peer comparison
Sector: Consumer Durables Industry: Domestic Appliances
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 55 | 68 | 115 | 200 | 337 | 531 | 602 | |
| 52 | 60 | 103 | 180 | 304 | 480 | 549 | |
| Operating Profit | 3 | 8 | 12 | 20 | 34 | 51 | 53 |
| OPM % | 5% | 12% | 11% | 10% | 10% | 10% | 9% |
| 0 | 0 | 0 | 0 | 1 | 1 | 4 | |
| Interest | 2 | 5 | 7 | 9 | 14 | 20 | 21 |
| Depreciation | 0 | 1 | 2 | 5 | 9 | 18 | 15 |
| Profit before tax | 1 | 2 | 3 | 6 | 11 | 14 | 21 |
| Tax % | 39% | 27% | 28% | 31% | 31% | 29% | |
| 1 | 1 | 2 | 4 | 8 | 10 | 15 | |
| EPS in Rs | 3.60 | 8.47 | 12.50 | 2.63 | 3.40 | 4.44 | 6.66 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 57% |
| 3 Years: | 66% |
| TTM: | 30% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 80% |
| 3 Years: | 70% |
| TTM: | 144% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 134% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 10% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 15 | 23 | 26 | 26 |
| Reserves | 3 | 10 | 15 | 6 | 71 | 183 | 190 |
| 17 | 39 | 51 | 68 | 88 | 135 | 124 | |
| 5 | 7 | 12 | 36 | 95 | 111 | 112 | |
| Total Liabilities | 26 | 57 | 80 | 126 | 276 | 455 | 452 |
| 5 | 11 | 18 | 50 | 88 | 130 | 126 | |
| CWIP | 0 | 8 | 9 | 0 | 6 | 7 | 42 |
| Investments | 0 | 0 | 0 | 1 | 10 | 100 | 15 |
| 21 | 38 | 53 | 74 | 172 | 218 | 270 | |
| Total Assets | 26 | 57 | 80 | 126 | 276 | 455 | 452 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 2 | -6 | 1 | 22 | -10 | 14 | |
| -5 | -16 | -10 | -30 | -63 | -150 | |
| 3 | 21 | 8 | 9 | 72 | 136 | |
| Net Cash Flow | 1 | -1 | -0 | 1 | -0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 75 | 106 | 34 | 16 | 28 | 15 |
| Inventory Days | 53 | 94 | 137 | 134 | 182 | 138 |
| Days Payable | 34 | 43 | 37 | 64 | 114 | 82 |
| Cash Conversion Cycle | 95 | 157 | 134 | 86 | 96 | 70 |
| Working Capital Days | 100 | 151 | 130 | 70 | 86 | 75 |
| ROCE % | 19% | 18% | 19% | 18% | 13% |
Documents
Announcements
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Approval For Investment Category Upgradation Under The PLI Scheme
16 May - Received Rs.100 Cr investment category upgradation approval under PLI Scheme for white goods.
-
Announcement under Regulation 30 (LODR)-Acquisition
30 Apr - Virtuoso Optoelectronics incorporated compressor manufacturing subsidiary with Rs.10 lakh capital, 65% holding.
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Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
28 Apr - Virtuoso Optoelectronics confirms it is not a Large Corporate per SEBI, no borrowings or penalties applicable.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
28 Apr - Company confirms it is not a 'Large Corporate' per SEBI for FY ending March 31, 2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Apr - Certificate under reg 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2025
Concalls
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Nov 2024Transcript PPT
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Jun 2024Transcript PPT
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Nov 2023Transcript PPT
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Jun 2023Transcript PPT
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.