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NSE:VOEPL

VIRTUOSO OPTOELECTRONIC L

Consumer Durables › Consumer Durables
₹484.70
at close · 28 Oct 2026
▲ 5.70 (+1.19%)

Latest filings

  1. Virtuoso Optoelectronics allots 16.9 lakh shares at Rs 503 each · Fund Raising
  2. Reg 74(5) Certificate for Q2 FY27 Submitted to BSE and NSE · Compliance
  3. Promoters, directors, KMP won't subscribe to proposed issue · Fund Raising
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures room air conditioners, deep freezers, reciprocating compressors and provides electronics manufacturing services (EMS), with FY26 consolidated revenue of ₹823.6 cr. Air conditioners are the largest contributor at roughly 60% of FY26 revenue (down from ~75% earlier), with the segment shifting from pure OEM toward ODM execution (ODM already 40-50% of AC revenue). The compressor vertical started commercial production in January 2026 via subsidiary VCPL; ~50% of FY27 capacity is already booked and the segment benefits from a government mandate requiring 60% domestic sourcing of reciprocating compressors. EMS and refrigeration capacity are also being expanded. Customer concentration in AC on Voltas is being reduced from 100% toward 40-60% in FY27 as other OEM and ODM customers are added. Materials dominate the cost structure at 83.9% of revenue (copper a key input for ACs), followed by depreciation at 3.4% and employee cost at 3.6%. EBITDA margin was 10.4% in FY26 with net profit of ₹15 cr.

Operating scale
AC capacity
1M to 1.8M units by end FY27 (plus 2.5 lakh unit Chennai plant on 5-yr operational lease)FY27
Compressor capacity
2.8M to 6M units by end FY27; further to 7.5M / 9.5-10M subject to contractsFY27
EMS capacity
4 lakh to 12 lakh component placements per hour (CPH)FY27
Freezer capacity
1.5 lakh to 4 lakh units (Phase 1: 2.5 lakh before next season)FY27
Compressor utilization at commercial start
60%Jan 2026
RAC utilization target
60-65%FY27
Who pays it
OEM and ODM customers for room air conditioners (Voltas is the key customer, share being reduced from 100% toward 40-60% in FY27); RAC and refrigeration OEMs for compressors; third-party clients for EMS
Biggest cost
Raw materials at 83.9% of revenue, with copper a key input for air conditioners
Kind of business
Diversified, asset-heavy consumer durables manufacturer with backward integration across AC, refrigeration, compressors and EMS
Where it sits
One of the OEM/ODM manufacturers in the domestic room air conditioner value chain; described in management commentary as the only current OEM/ODM player in domestic reciprocating compressors, set to benefit from the 60% local-sourcing mandate
Market Cap
₹1,543 Cr
P / E (TTM)
53.3×
EV / EBITDA
15.0×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
9.5%·
ROCE (FY26)
ROE 3.6% · margin 10.4%
Leverage
0.67·
Debt / Equity · moderate
Net debt ₹277 Cr
Revenue FY24→FY26
1.6×▲
Revenue change
₹531 Cr → ₹824 Cr
Moves on a normal day
2.10%·
Median daily move
Last 81 sessions · the yardstick for filing-day moves
Where it sits among 229 Consumer Durables peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#148/191
P/B#122/189
ROCE#138/219
ROE#117/189
Debt / Equity#153/190
EBITDA margin#97/193
Revenue growth#18/189
Profit growth#68/183

Scorecard

Measured from the filed financials, judged against its Consumer Durables peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Carries more debt than its peers — 0.67× equity
higher than 80% of its 190 Consumer Durables peers

Charts

How has the market priced it — with filings on the timeline?

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Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from VIRTUOSO OPTOELECTRONIC L's filed financials and exchange disclosures

What does VIRTUOSO OPTOELECTRONIC L do?

VIRTUOSO OPTOELECTRONIC L is a Consumer Durables company listed on NSE and BSE, trading under the symbol VOEPL.

Is VIRTUOSO OPTOELECTRONIC L profitable?

Yes. Over the trailing twelve months VIRTUOSO OPTOELECTRONIC L reported a net profit of ₹24 Cr on revenue of ₹1,199 Cr.

Does VIRTUOSO OPTOELECTRONIC L pay a dividend?

Not in the latest reported year — VIRTUOSO OPTOELECTRONIC L's dividend payout for FY26 was nil.

Is VIRTUOSO OPTOELECTRONIC L debt-free?

No. It reported borrowings of ₹277 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹277 Cr after cash. Debt stands at 0.67× equity. That is higher than 80% of its 190 Consumer Durables peers.

Is VIRTUOSO OPTOELECTRONIC L expensive compared with its peers?

On trailing P/E, VIRTUOSO OPTOELECTRONIC L ranks 148 of 191 in Consumer Durables — cheaper than 23% of them, against an industry median of 25.9×. This is a position, not a valuation judgement.

How much does the VIRTUOSO OPTOELECTRONIC L share price move in a day?

On a typical session VIRTUOSO OPTOELECTRONIC L moves 2.10% — that is the median absolute close-to-close move across its last 81 trading days. MarketPing measures each filing's price reaction against it.

Where can I track VIRTUOSO OPTOELECTRONIC L's announcements?

Every NSE and BSE filing by VIRTUOSO OPTOELECTRONIC L appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.