Virtuoso Optoelectronics Ltd
Incorporated in 2015, Virtuoso Optoelectronics Ltd is a manufacturer of White Goods and also offers Electronics Manufacturing Services[1]
- Market Cap ₹ 1,563 Cr.
- Current Price ₹ 530
- High / Low ₹ 690 / 287
- Stock P/E 112
- Book Value ₹ 95.6
- Dividend Yield 0.00 %
- ROCE 12.7 %
- ROE 5.67 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 58.1% CAGR over last 5 years
Cons
- Stock is trading at 5.54 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 7.00% 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.
Quarterly 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 | Mar 2025 | |
---|---|---|---|---|---|---|---|
55 | 68 | 115 | 200 | 337 | 531 | 697 | |
52 | 60 | 103 | 180 | 304 | 480 | 641 | |
Operating Profit | 3 | 8 | 12 | 20 | 34 | 51 | 57 |
OPM % | 5% | 12% | 11% | 10% | 10% | 10% | 8% |
0 | 0 | 0 | 0 | 1 | 1 | 5 | |
Interest | 2 | 5 | 7 | 9 | 14 | 20 | 26 |
Depreciation | 0 | 1 | 2 | 5 | 9 | 18 | 11 |
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 | 3.85 | 4.72 |
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: | 58% |
3 Years: | 52% |
TTM: | 38% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 80% |
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 | 33 | 34 | 37 | -2 | 35 | 24 | 37 |
ROCE % | 19% | 18% | 19% | 18% | 13% | 13% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
30 Aug - Non-binding MoU to invest Rs800 crore in Nashik for electronics and motor components; ~500 direct jobs; dated Aug 29, 2025.
-
Announcement under Regulation 30 (LODR)-Allotment
26 Aug - Allotted 3,076,923 warrants at Rs455 each aggregating Rs1,399,999,965 to Malabar India Fund on Aug 26, 2025.
-
Appointment Of 'Infomerics Valuation And Rating Ltd.' As Monitoring Agency
22 Aug - Appointed Infomerics as monitoring agency for capital from fully convertible warrants to Malabar India Fund.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Aug - Enclosed newspaper copy wherein Unaudited Financial Results for quarter June 2025 are published.
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Board Meeting Outcome for Outcome Of Board Meeting Held On August 14, 2025
14 Aug - Approved Q1 FY26 results; auditor resigned and new auditor appointed; new company secretary appointed; 10th AGM on Sept 28, 2025.
Concalls
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Jun 2025Transcript PPT
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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.