Virtuoso Optoelectronics Ltd - Stock Valuation and Financial Performance

BSE: 543597 | NSE: | Electric Equipment | Small Cap

Virtuoso Optoelectro Share Price

567 13.00 2.35%
as on 26-Dec'24 16:01

DeciZen - make an informed investing decision on Virtuoso Optoelectro

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Virtuoso Optoelectronics stock performance -

mw4me loader
P/E Ratio (SA):
144.07
Market Cap:
1,459.2 Cr.
52-wk low:
182
52-wk high:
633.9

Is Virtuoso Optoelectronics Ltd an attractive stock to invest in?

1. Is Virtuoso Optoelectronics Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Virtuoso Optoelectronics Ltd is a below average quality company.

2. Is Virtuoso Optoelectronics Ltd undervalued or overvalued?

The key valuation ratios of Virtuoso Optoelectronics Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Virtuoso Optoelectronics Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Virtuoso Optoelectronics Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Virtuoso Optoelectro:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Virtuoso Optoelectronics Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 12.1%19%17.7%18.8%18.3%13.1%-
Value Creation
Index
-0.10.40.30.40.3-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5568.2115200337531531
Sales YoY Gr.-24.1%69%73.7%68.5%57.5%-
Adj EPS 0.31.11.82.83.23.83.9
YoY Gr.-253.1%62.8%51.6%16.1%16.7%-
BVPS (₹) 4.39.711.414.24171.971.9
Adj Net
Profit
0.31.32.14.27.41010
Cash Flow from Ops. 2.2-5.5121.8-9.613.6-
Debt/CF from Ops. 7.5-749.73.1-9.210-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA57.4%66.4%57.5%
Adj EPS NA63.9%27.1%16.7%
BVPSNA75.8%84.6%75.4%
Share Price - - - 140.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
7.616.715.622.212.96.65.4
Op. Profit
Mgn %
4.711.710.910.19.99.7NAN
Net Profit
Mgn %
0.61.91.92.12.21.91.9
Debt to
Equity
3.73.43.93.20.90.7-
Working Cap
Days
01561441161331340
Cash Conv.
Cycle
01061016959510

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 66.40%

Net Profit is growing at healthy rate in last 3 years 27.12%

Debt to equity has declined versus last 3 years average to 0.71

Return on Equity has declined versus last 3 years average to 5.40%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Virtuoso Optoelectronics Ltd.

Standalone Consolidated
TTM EPS (₹) 3.9 3.9
TTM Sales (₹ Cr.) 531 531
BVPS (₹.) 71.9 71.9
Reserves (₹ Cr.) 163 163
P/BV 7.70 7.70
PE 144.07 143.48
From the Market
52 Week Low / High (₹) 182.00 / 633.90
All Time Low / High (₹) 110.20 / 633.90
Market Cap (₹ Cr.) 1,459
Equity (₹ Cr.) 26.3
Face Value (₹) 10
Industry PE 91.1

Management X-Ray of Virtuoso Optoelectro:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Virtuoso Optoelectro

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales5568115200337531
Operating Expenses 5260103180304480
Manufacturing Costs14781521
Material Costs505492164278437
Employee Cost 0123712
Other Costs 021549
Operating Profit 3812203351
Operating Profit Margin (%) 4.7%11.7%10.8%9.9%9.9%9.7%
Other Income 000011
Interest 25791420
Depreciation 0125918
Exceptional Items 000000
Profit Before Tax 12361114
Tax 011244
Profit After Tax 1124810
PAT Margin (%) 1.0%2.1%1.8%2.0%2.3%1.9%
Adjusted EPS (₹)0.51.21.82.63.43.9
Dividend Payout Ratio (%)0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 411132194189
Share Capital 222152326
Reserves 31012671163
Minority Interest000000
Debt1737476076117
Long Term Debt71522294160
Short Term Debt102225313557
Trade Payables5610308798
Others Liabilities 1310142050
Total Liabilities 265780126276455

Fixed Assets

Gross Block6132260107167
Accumulated Depreciation02491937
Net Fixed Assets511185088130
CWIP 089067
Investments 000110100
Inventories7143763138165
Trade Receivables11201192621
Cash Equivalents 100100
Others Assets2451732
Total Assets 265780126276455

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 2-5122-1014
PBT 12361114
Adjustment 2610142234
Changes in Working Capital -0-13-113-41-32
Tax Paid 000-1-2-3
Cash Flow From Investing Activity -5-16-10-30-63-150
Capex -5-16-11-29-54-61
Net Investments 000-1-9-90
Others 001001
Cash Flow From Financing Activity 3218972136
Net Proceeds from Shares 05316589
Net Proceeds from Borrowing 78771625
Interest Paid -2-5-7-9-14-20
Dividend Paid 000000
Others -212610442
Net Cash Flow 1-10100
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)11.9817.9116.9622.7813.527.15
ROCE (%)12.0918.9917.6518.8318.3213.05
Asset Turnover Ratio2.091.631.681.951.681.45
PAT to CFO Conversion(x)2-50.55.5-1.251.4
Working Capital Days
Receivable Days758348181916
Inventory Days49578192109104
Payable Days343732457777

Virtuoso Optoelectronics Ltd Stock News

Virtuoso Optoelectronics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Virtuoso Optoelectro on 26-Dec-2024 16:01 is ₹567.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 26-Dec-2024 16:01 the market cap of Virtuoso Optoelectro stood at ₹1,459.2.
The latest P/E ratio of Virtuoso Optoelectro as of 26-Dec-2024 16:01 is 144.1.
The latest P/B ratio of Virtuoso Optoelectro as of 26-Dec-2024 16:01 is 7.70.
The 52-week high of Virtuoso Optoelectro is ₹633.9 and the 52-week low is ₹182.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Virtuoso Optoelectro is ₹531.1 ( Cr.) .

About Virtuoso Optoelectronics Ltd

Virtuoso Optoelectronics (VOEPL) is a manufacturing company with a diverse product portfolio and specialising in high volume, large scale production of consumer & industrial products.

The company has a team of passionate people whose goal is to improve everyone’s life through disruptive products. It builds great products to solve business problems. Its products are designed for small to medium size companies willing to optimize their performance.

VOEPL started its operation by offering Electronic Manufacturing Services to its customers. It started with a small operation and has since then grown to cover a wide varieties of electronics products and LED lighting products.

An area which is seeing tremendous growth and localisation due to the make in the India initiative by the government of India. The company has a fully back integrated facility for manufacturing of Indoor Units & Outdoor Units for Split Air Conditioners. It is constantly working towards strengthening its backward integration to be able to add more value to its customers.

Business area of the company

The company is engaged in manufacturing of high volume, large scale production of consumer & industrial products.

Business Divisions

EMS Solutions: End to end Electronic Manufacturing Services for a large variety of products.

Air Conditioners Manufacturing: Manufacturing of IDU and ODU for Split Air Conditioners.

Water Heater Manufacturing: Production of Storage and Instant type Water Heaters.

LED Manufacturing: A complete range of LED Lighting for Indoor and Outdoor Application.

N95 Mask Manufacturing: As a COVID-19 initiative VOEPL started manufacturing N95 Masks.

Milestone

  • 2015: VOEPL was established on 11th September 2015
  • 2016: Started manufacturing of Electronics Products by setting up in-house EMS Facility in a 6,000 sq. ft facility
  • 2016: Started commercial production for EMS and Lighting products. 
  • 2017: Moved to a new 40,000 sq. ft area facility at Satpur MIDC for EMS light Manufacturing
  • 2017: VOEPL received its ISO 9001 certification
  • 2018: VOEPL took its first steps into White Goods Manufacturing by laying the foundation for manufacturing of Air Conditioners (ACs)
  • 2018: Stared supplying Emergency Lamps to M/s Panasonic Life Solutions India Private Limited (Formerly Anchor Electricals Private Limited)
  • 2019: VOEPL successfully manufactured and shipped out its first batch of Air Conditioners (ACs) for its esteemed customer - M/s Voltas Limited.
  • 2019: VOEPL was selected to be part of the Stanford Seed Transformation Program for SMEs by Graduate School of Business (GSB), Stanford University, USA. 
  • 2020: After ACs, VOEPL started its third product vertical for Water Heater Manufacturing (Geysers) - Storage and Instant type.
  • 2020: VOEPL received its first 'UL certification' for Battery Back Up LED Lamps for sales in the US market. 
  • 2021: With the support of its customers and efforts of its team, VOEPL expanded of the White Goods Division (AC) and moved into its new 100K sq. ft. facility.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.