Price
Financials
Standalone, Rs crore| Jun 2022 | Mar 2023 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 73.82 | 224.74 | 239.82 | 201.89 | 97.07 | 204.55 | 331.30 | 375.47 |
| Expenses | 63.24 | 206.90 | 221.10 | 182.38 | 86.23 | 181.80 | 303.17 | 343.57 |
| Operating Profit | 10.58 | 17.84 | 18.72 | 19.51 | 10.84 | 22.75 | 28.13 | 31.90 |
| OPM % | 14.33% | 7.94% | 7.81% | 9.66% | 11.17% | 11.12% | 8.49% | 8.50% |
| Other Income | 0.18 | -0.36 | 0.89 | 0.93 | 0.60 | 0.21 | 1.78 | 1.09 |
| Interest | 2.62 | 8.34 | 8.44 | 7.58 | 7.84 | 7.16 | 10.25 | 11.59 |
| Depreciation | 2.41 | 4.82 | 3.38 | 4.04 | 4.62 | 5.30 | 12.36 | 9.32 |
| Profit before tax | 5.73 | 4.32 | 7.79 | 8.82 | -1.02 | 10.50 | 7.30 | 12.08 |
| Tax % | 27.92% | 36.81% | 68.42% | 25.51% | 224.51% | 32.86% | 25.21% | 30.55% |
| Net Profit | 4.12 | 2.73 | 2.46 | 6.58 | -3.31 | 7.05 | 5.47 | 8.39 |
| EPS in Rs | 2.75 | 1.20 | 0.83 | 2.23 | -1.09 | 2.28 | 1.72 | 2.64 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 55 | 68 | 115 | 200 | 337 | 531 | 697 | 835 | 1,008 |
| Expenses | 52 | 60 | 103 | 180 | 304 | 480 | 642 | 754 | 915 |
| Operating Profit | 3 | 8 | 12 | 20 | 34 | 51 | 55 | 81 | 94 |
| OPM % | 4.7% | 12% | 11% | 10% | 10% | 10% | 8% | 10% | 9% |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 | 5 | 4 | 4 |
| Interest | 2 | 5 | 7 | 9 | 14 | 20 | 26 | 33 | 37 |
| Depreciation | 0 | 1 | 2 | 5 | 9 | 18 | 11 | 26 | 32 |
| Profit before tax | 1 | 2 | 3 | 6 | 11 | 14 | 23 | 26 | 29 |
| Tax % | 39% | 27% | 28% | 31% | 31% | 29% | 46% | 38% | |
| Net Profit | 1 | 1 | 2 | 4 | 8 | 10 | 13 | 16 | 18 |
| EPS in Rs | 3.60 | 8.47 | 12.50 | 2.63 | 3.40 | 3.85 | 4.26 | 4.96 | 5.55 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 49% | 35% | 20% | ||
| Compounded Profit Growth | % | 50% | 27% | 26% | ||
| Stock Price CAGR | % | % | 28% | 4% | ||
| Return on Equity | % | 6% | 5% | 5% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 15 | 23 | 26 | 29 | 32 |
| Reserves | 3 | 10 | 15 | 6 | 71 | 183 | 253 | 381 |
| Borrowings | 17 | 39 | 51 | 68 | 88 | 135 | 180 | 334 |
| Other Liabilities | 5 | 7 | 12 | 36 | 95 | 111 | 152 | 193 |
| Total Liabilities | 26 | 57 | 80 | 126 | 276 | 455 | 614 | 940 |
| Fixed Assets | 5 | 11 | 18 | 50 | 88 | 130 | 208 | 408 |
| CWIP | 0 | 8 | 9 | 0 | 6 | 7 | 48 | 32 |
| Investments | 0 | 0 | 0 | 1 | 10 | 100 | 2 | 5 |
| Other Assets | 21 | 38 | 53 | 74 | 172 | 218 | 355 | 497 |
| Total Assets | 26 | 57 | 80 | 126 | 276 | 455 | 614 | 940 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 2 | -6 | 1 | 22 | -10 | 14 | 91 | 3 |
| Cash from Investing Activity | -5 | -16 | -10 | -30 | -63 | -150 | -109 | -170 |
| Cash from Financing Activity | 3 | 21 | 8 | 9 | 72 | 136 | 19 | 165 |
| Net Cash Flow | 1 | -1 | -0 | 1 | -0 | -0 | 2 | -2 |
| Free Cash Flow | -3 | -21 | -9 | -7 | -63 | -47 | 10 | -140 |
| CFO/OP | 93% | -66% | 12% | 114% | -23% | 31% | 173% | 9% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 75 | 106 | 34 | 16 | 28 | 15 | 16 | 43 |
| Inventory Days | 53 | 94 | 137 | 134 | 182 | 138 | 128 | 112 |
| Days Payable | 34 | 43 | 37 | 64 | 114 | 82 | 79 | 86 |
| Cash Conversion Cycle | 95 | 157 | 134 | 86 | 96 | 70 | 65 | 70 |
| Working Capital Days | 33 | 34 | 37 | -2 | 35 | 24 | 37 | 43 |
| ROCE % | 19% | 18% | 19% | 18% | 13% | 12% | 10% |
| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Aug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 73.51% | 65.60% | 65.60% | 56.88% | 56.88% | 53.69% | 53.69% | 52.13% | 51.15% | 49.74% | 49.74% | 46.22% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.31% | 1.52% | 1.65% | 2.20% | 5.03% | 7.23% | 11.14% | 11.29% | 17.66% |
| DIIs | 1.39% | 1.43% | 1.43% | 1.24% | 1.24% | 0.23% | 0.71% | 0.69% | 0.90% | 0.76% | 0.79% | 1.03% |
| Public | 25.10% | 32.97% | 32.97% | 41.57% | 40.37% | 44.45% | 43.41% | 42.14% | 40.71% | 38.36% | 38.19% | 35.10% |
| No. of Shareholders | 890 | 1,058 | 1,707 | 2,938 | 3,264 | 3,276 | 3,631 | 3,662 | 3,554 | 3,674 | 4,261 | 5,945 |
Fundamentals
Market Cap₹ 1,713 Cr.
Current Price₹ 498
Stock P/E97.3
Book Value₹ 130
ROCE9.66 %
ROE4.54 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)20%
Compounded Profit Growth (TTM)26%
Standalone figures.
Valuation
Market capRs 1,299 Cr
Enterprise valueRs 1,433 Cr
P/E (TTM)101.60x
Price to book6.20x
Price to sales1.75x
EV / EBITDA19.25x
EV / EBIT25.10x
EV / sales1.93x
Price to cash flow95.83x
Earnings yield0.98%
P/E, 3-year average51.73x
P/B, 3-year average3.34x
P/E, 5-year average51.73x
P/B, 5-year average3.34x
Profitability
Operating margin (excl. other income)9.69%
Operating margin (incl. other income)9.92%
EBITDA margin10.02%
Pre-tax margin3.51%
Net profit margin1.72%
Net margin, latest quarter3.45%
ROE6.68%
ROCE13.08%
ROA2.77%
ROE, 3-year average13.72%
ROCE, 3-year average16.81%
ROA, 3-year average3.49%
ROE, 5-year average14.84%
ROCE, 5-year average17.34%
ROA, 5-year average3.38%
ROIC (approx.)11.75%
Tax rate29.16%
Other income / net worth0.58%
Growth
Sales growth (latest year)57.46%
Profit growth (latest year)30.37%
Sales CAGR, 3 years66.40%
Sales CAGR, 5 years57.41%
Profit CAGR, 3 years69.50%
Profit CAGR, 5 years79.74%
Sales growth QoQ110.72%
Sales growth YoY (latest quarter)-8.98%
Profit growth YoY (latest quarter)158.24%
Per share
EPS (TTM)Rs 4.85
EPS (latest year)Rs 3.85
EPS (latest quarter)Rs 2.68
EPS, 3-year averageRs 3.29
EPS, 5-year averageRs 6.17
Book value per shareRs 79.56
Sales per shareRs 282.22
Cash flow per shareRs 5.14
Free cash flow per shareRs -53.15
Efficiency
Asset turnover1.17x
Fixed asset turnover4.08x
Inventory turnover2.78x
Inventory days131 days
Debtor days15 days
Debtors turnover25.03x
Creditor days86 days
Cash conversion cycle70 days
Working capital days43 days
Leverage
Total debtRs 135 Cr
Cash and bankRs 0 Cr
Net debtRs 135 Cr
Debt to equity0.64x
Net debt / EBITDA1.81x
Interest coverage1.84x
Current ratio (filing 2026-03-31)1.29x
Quick ratio (filing 2026-03-31)0.64x
Trade payables (filing 2026-03-31)Rs 166 Cr
Owners' fund to total sources46.03%
Debt to assets29.65%
Cash flow
Cash from Operating Activity (latest year)Rs 14 Cr
Cash from Investing Activity (latest year)Rs -150 Cr
Cash from Financing Activity (latest year)Rs 136 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -140 Cr
FCFE (approx.: FCF + change in debt)Rs -93 Cr
Cash from ops / profit, 5 years2.35x
Sales to cash flow39.19x
Statement figures
Net sales (TTM)Rs 743 Cr
Net sales (latest year)Rs 531 Cr
Sales (latest quarter)Rs 205 Cr
Operating profit excl. other income (latest year)Rs 51 Cr
Operating profit (latest quarter)Rs 23 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 74 Cr
PBDT (TTM)Rs 43 Cr
Profit before tax (TTM)Rs 26 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 13 Cr
Net profit (latest year)Rs 10 Cr
Net profit (latest quarter)Rs 7 Cr
Depreciation (TTM)Rs 17 Cr
Depreciation (latest quarter)Rs 5 Cr
Interest (TTM)Rs 31 Cr
Cost of goods sold (latest year)Rs 459 Cr
Total expenditure (latest year)Rs 480 Cr
Total income (latest year)Rs 532 Cr
Share capitalRs 26 Cr
ReservesRs 183 Cr
Shareholders' fundsRs 210 Cr
Total assetsRs 455 Cr
Net blockRs 130 Cr
Capital work in progressRs 7 Cr
InvestmentsRs 100 Cr
ReceivablesRs 21 Cr
InventoryRs 165 Cr
Other liabilitiesRs 111 Cr
Shares outstanding (crore)2.63
Ownership
Promoter holding46.22% (-5.91 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 101.6 is at the 6th percentile of its own 4.0-year range
(median 259.7, low 44.7, high 383.6).
P/B 6.20 is at the 4th percentile (median 37.02).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | VOEPL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -0.9% | -2.8% | +1.8 pts |
| 1 month | -10.6% | -6.8% | -3.8 pts |
| 3 months | +5.0% | -7.6% | +12.7 pts |
| 3 years | +106.8% | +14.2% | +92.7 pts |
1 mutual fund schemes hold about ₹0 Cr.
Over three months 1 bought more and 0 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| iSIF Equity Long-Short Fund | 0.06% | 0 | +100% |
Red flags
F-score 4 of 8| explain | Share dilution Share count up 15% in a year, 1447% in three |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹375 Cr +86.0% vs Jun 2025.
Net profit ₹8 Cr +27.5%.
Against our estimate for Jun 2026: sales +34.6%, profit +22.5%. Our estimate for Sep 2026: sales Rs 155 Cr, profit Rs 3 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Swiss Military Consumer Goods Ltd | 329 | 44.8 | 8.18 % |
| Yash Optics & Lens Ltd | 322 | 35.6 | 12.8 % |
No bulk or block deals on record.
No corporate actions on record.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Virtuoso Optoelectronics Ltd?
Virtuoso Optoelectronics Ltd (VOEPL) has a market capitalisation of Rs 1,713 Cr. at the 2026-10-01 close.
What is the P/E ratio of Virtuoso Optoelectronics Ltd?
Virtuoso Optoelectronics Ltd trades at a P/E of 97.3 on trailing twelve-month profit, at the 2026-10-01 close.
What were Virtuoso Optoelectronics Ltd's latest quarterly results?
In the Jun 2026 quarter, Virtuoso Optoelectronics Ltd sales was Rs 375 Cr (+86.0% vs Jun 2025) and net profit was Rs 8 Cr.
What is the 52-week high and low of Virtuoso Optoelectronics Ltd?
The 52-week high is Rs 593.45 and the 52-week low is Rs 428.65.