Virtuoso Optoelectronics Ltd
Incorporated in 2015, Virtuoso Optoelectronics Ltd is a manufacturer of White Goods and also offers Electronics Manufacturing Services[1]
- Market Cap ₹ 729 Cr.
- Current Price ₹ 319
- High / Low ₹ 356 / 182
- Stock P/E 72.0
- Book Value ₹ 83.0
- Dividend Yield 0.00 %
- ROCE 18.9 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 79.7% CAGR over last 5 years
- Company's working capital requirements have reduced from 70.0 days to 54.5 days
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%
- Company has a low return on equity of 12.8% 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 | |
---|---|---|---|---|---|---|
55 | 68 | 115 | 200 | 337 | 531 | |
52 | 60 | 103 | 180 | 304 | 480 | |
Operating Profit | 3 | 8 | 12 | 20 | 34 | 51 |
OPM % | 5% | 12% | 11% | 10% | 10% | 10% |
0 | 0 | 0 | 0 | 1 | 1 | |
Interest | 2 | 5 | 7 | 9 | 14 | 20 |
Depreciation | 0 | 1 | 2 | 5 | 9 | 18 |
Profit before tax | 1 | 2 | 3 | 6 | 11 | 14 |
Tax % | 39% | 27% | 28% | 31% | 31% | 29% |
1 | 1 | 2 | 4 | 8 | 10 | |
EPS in Rs | 3.60 | 8.47 | 12.50 | 2.63 | 3.40 | 4.44 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 57% |
3 Years: | 66% |
TTM: | 57% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 80% |
3 Years: | 70% |
TTM: | 30% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 53% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 13% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 2 | 2 | 2 | 15 | 23 | 26 |
Reserves | 3 | 10 | 15 | 6 | 71 | 163 |
17 | 39 | 51 | 68 | 88 | 135 | |
5 | 7 | 12 | 36 | 95 | 131 | |
Total Liabilities | 26 | 57 | 80 | 126 | 276 | 455 |
5 | 11 | 18 | 50 | 88 | 130 | |
CWIP | -0 | 8 | 9 | -0 | 6 | 7 |
Investments | -0 | -0 | -0 | 1 | 10 | 100 |
21 | 38 | 53 | 74 | 172 | 218 | |
Total Assets | 26 | 57 | 80 | 126 | 276 | 455 |
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 | |
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-Scrutinizer"s Report 11h
- Shareholder Meeting / Postal Ballot-Outcome of EGM 11h
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 11 Jul
- Announcement under Regulation 30 (LODR)-Credit Rating 10 Jul
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
4 Jul - Newspaper announcement- EGM, E voting information
Concalls
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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 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