Virtuoso Optoelectronics Ltd

Virtuoso Optoelectronics Ltd

₹ 592 -2.11%
20 Dec - 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 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

  • Market Cap 1,353 Cr.
  • Current Price 592
  • High / Low 634 / 182
  • Stock P/E 89.0
  • 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.
  • 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

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

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

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: 154%
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%

Shareholding Pattern

Numbers in percentages

Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
73.51% 65.60% 65.60% 56.88% 56.88%
0.00% 0.00% 0.00% 0.31% 1.52%
1.39% 1.43% 1.43% 1.24% 1.24%
25.10% 32.97% 32.97% 41.57% 40.37%
No. of Shareholders 8901,0581,7072,9383,264

* 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.

Documents