Virtuoso Optoelectronics Limited (VOEPL)
₹511.00 +1.46% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Virtuoso Optoelectronics' revenue was ₹376 Cr (+85.0% year on year, +18.6% on the previous quarter), and net profit ₹9.1 Cr (+40.8% year on year); the operating margin was 9.1%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹376 | +85.0% | +18.6% |
| Operating profit | ₹34.3 | +71.1% | +18.2% |
| Net profit | ₹9.1 | +40.8% | +103.4% |
| EPS (₹) | 2.84 | +30.3% | +102.9% |
| Operating margin | 9.1% | — | — |
VOEPL delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 55.05% of the VOEPL shares traded on NSE were taken to delivery, against the stock's own 20-session average of 47.72%. That is close to its usual level. Volume was 0.2 times its average, well below normal.
Delivery in the last 5 sessions: 42.8% · 40.8% · 50.7% · 42.1% · 55.0%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Virtuoso Optoelectronics Limited (VOEPL) has approved the allotment of 16,89,859 equity shares on a preferential basis at an issue price of ₹503 per share, aggregating to approximately ₹85.00 crore. The capital raise represents about 5.3% of the company's current market capitalization of ₹1,593 crore and strengthens its net worth of ₹413 crore. Key institutional allottees include ICICI Prudential SmallCap Fund (taking 3.04%), ICICI Prudential Retirement Fund (0.83%), and Clarus Capital II (0.83%). Following the issue, the company's paid-up equity capital stands increased to ₹35.94 crore comprising 3,59,40,930 equity shares.
- Allotted 16,89,859 equity shares at an issue price of ₹503 per share (face value ₹10 plus ₹493 premium)
- Total capital raised stands at ₹84,99,99,077 (~₹85.00 crore)
- ICICI Prudential SmallCap Fund allotted 10,93,439 shares (3.04% post-issue equity)
- Clarus Capital II and ICICI Prudential Retirement Fund each allotted 2,98,210 shares (0.83% post-issue equity each)
- Total paid-up share capital increased to ₹35,94,09,300 across 3,59,40,930 shares
Virtuoso Optoelectronics Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate from Registrar and Share Transfer Agent Cameo Corporate Services Limited confirms that dematerialisation requests received during the quarter were duly processed. It verifies that share certificates were cancelled and depository records updated within the stipulated time. This is a routine administrative filing with no financial or operational impact.
- Compliance certificate submitted under Regulation 74(5) for the quarter ended September 30, 2026
- Issued by Registrar and Share Transfer Agent Cameo Corporate Services Limited on October 1, 2026
- Confirms securities dematerialised were listed and physical certificates mutilated as per regulations
Virtuoso Optoelectronics has issued a post-meeting update to its September 24, 2026 EGM notice regarding a proposed issue. The clarification specifies that no promoters, directors, key managerial personnel, or senior management will subscribe to or contribute towards the proposed offer. This confirms that the fundraise is entirely non-promoter funded, which will result in promoter stake dilution from the current 46.22% level.
- EGM was held on September 24, 2026, following the initial notice dated August 29, 2026
- Clarified point xii in the explanatory statement regarding intent to subscribe to the proposed issue
- Zero subscription or contribution from promoters, directors, KMP, or senior management
- Current promoter holding stands at 46.22% as of August 2026
Virtuoso Optoelectronics has entered into a non-binding Memorandum of Understanding (MoU) with the Government of Maharashtra for a proposed investment of ₹1,050 Cr tentatively spread over the next 5 years. This planned outlay is massive relative to the company's size, representing ~105% of its TTM revenue (₹996 Cr) and ~67% of its current market cap (₹1,568 Cr). The project is anticipated to generate 1,054 direct and indirect jobs. However, the agreement is strictly non-binding at this stage, with specific financing and facility details yet to be disclosed.
- Proposed capital investment of ₹1,050 Cr via MoU with Government of Maharashtra
- Investment tentatively planned over a 5-year timeline
- Expected creation of 1,054 direct and indirect jobs
- Agreement remains non-binding with terms and funding structure to be finalized
Virtuoso Optoelectronics announced the voting results of its Annual General Meeting held on September 30, 2026. All three ordinary resolutions were passed with virtually 100% of the polled votes in favor. A total of 1.97 crore votes were cast across 7,005 eligible shareholders, representing a 57.54% voter turnout. Key approvals included the adoption of FY26 audited financial statements, the re-appointment of retiring director Mr. Vishrut Bharati, and the ratification of cost auditors' remuneration.
- All 3 ordinary resolutions passed with ~100% favorable votes
- Total voter turnout stood at 57.54% of outstanding shares (1,97,08,614 votes polled)
- Turnout comprised 100% promoter participation and 54.73% institutional participation
- Total shareholders on the record date of September 23, 2026 stood at 7,005
Virtuoso Optoelectronics Limited (VOEPL) has received shareholder approval at its Extraordinary General Meeting held on September 24, 2026, for the issuance of equity shares on a preferential basis. The special resolution passed with 99.98% votes in favor across 16.79 million votes polled out of 34.25 million outstanding shares. Total voter turnout was 49.04%, driven largely by 99.92% participation from the promoter group. The document details voting outcomes but does not disclose the issue size, price, or specific identities of the allottees.
- Special resolution for preferential equity share issuance passed with 99.9843% favorable votes
- Total votes polled stood at 16,796,088 out of 34,251,071 total outstanding shares (49.0381% turnout)
- Promoter group polled 15,819,286 votes (99.9182% of promoter holding), all 100% in favor
- Record date for shareholder voting eligibility was September 17, 2026, covering 6,897 shareholders
Virtuoso Optoelectronics Limited conducted its Extra Ordinary General Meeting (EGM 02/2026-27) on September 24, 2026. The key special business transacted was seeking shareholder approval for the issuance of equity shares on a preferential basis to identified persons/entities. Specific issue size, pricing, and allottee details were not disclosed in the proceedings document. Final voting results will be submitted separately under Regulation 44(3) of SEBI LODR.
- EGM held on September 24, 2026, commencing at 11:00 a.m. and concluding at 11:15 a.m.
- Proposed special resolution for issuance of Equity Shares on a preferential basis to identified persons/entities
- Detailed voting results under SEBI LODR Regulation 44(3) to be submitted separately
- Company currently has a market capitalization of Rs 1616 Cr and total debt of Rs 334 Cr
Virtuoso Optoelectronics has received a credit rating reaffirmation from ICRA for its bank facilities with an assigned enhanced limit totaling ₹250.00 crore. The instruments covered include ₹115.00 crore in long-term fund-based cash credit, ₹132.81 crore in term loans, and ₹2.19 crore in unallocated limits, all rated [ICRA]BBB with a Stable outlook. Total rated facilities of ₹250 crore represent approximately 75% of the company's total existing debt of ₹334 crore. The reaffirmed investment-grade rating reflects stability in servicing debt, though borrowing costs remain tied to the BBB band.
- ICRA reaffirmed [ICRA]BBB (Stable) rating and assigned ratings for an enhanced total amount of ₹250.00 crore
- Long-term fund-based cash credit facilities rated at ₹115.00 crore
- Long-term fund-based term loans rated at ₹132.81 crore across multiple lenders including Kotak Mahindra Bank (₹44.87 cr) and HDFC Bank
- Unallocated long-term limits assigned at ₹2.19 crore with [ICRA]BBB (Stable)
Virtuoso Optoelectronics has issued an update to its September 24, 2026 EGM notice regarding a proposed preferential issue. The company outlined the utilization of ₹84.99 crore in issue proceeds, allocating ₹46.00 crore for working capital, ₹17.97 crore for plant and machinery, and ₹21.02 crore for general corporate purposes. Notably, the machinery procurement will expand deep freezer capacity by 66.7% from 150,000 to 250,000 units per annum at its Nashik facility. Key institutional participants include ICICI Prudential SmallCap Fund (2.98% post-issue) and Clarus Capital II (0.81%).
- Proposed preferential issue proceeds utilization specified at ₹84.99 crore
- Deep freezer capacity to increase by 100,000 units per annum (from 1,50,000 to 2,50,000 units/year)
- ₹46.00 crore allocated to working capital within 3 months and ₹17.97 crore for plant & machinery within 6 months
- ICICI Prudential SmallCap Fund to hold 10,93,439 shares (2.98% post-issue)
Virtuoso Optoelectronics responded to an NSE clarification regarding Q1 FY27 financial results, noting that details such as signatory name, designation, date, and place were inadvertently omitted due to a clerical error. The filing re-submits the Board outcome from August 12, 2026, where standalone Q1 revenue was Rs 375.47 crore with a net profit of Rs 8.39 crore. Additionally, the Board approved converting Rs 9.99 crore of an inter-corporate deposit (ICD) given to wholly-owned subsidiary Virtuoso Polymers into equity shares at Rs 5,730 per share. The company also replaced its internal auditor following the resignation of M/s Pooja M Kulkarni & Co.
- Clarified clerical omission of signatory details in Q1 FY27 financial results per NSE query dated September 03, 2026
- Conversion of Rs 9,99,99,960 ICD into 17,452 equity shares of Virtuoso Polymers Private Limited at Rs 5,730 per share
- Q1 Standalone revenue from operations reported at Rs 37,547.41 lakh with net profit of Rs 838.79 lakh
- Resignation of internal auditor Pooja M Kulkarni & Co and appointment of Tolwani & Associates for FY 2026-27
Virtuoso Optoelectronics Limited (VOEPL) has scheduled its 11th Annual General Meeting (AGM) for September 30, 2026, via Video Conferencing and submitted its FY2025-26 Annual Report. The company reported FY26 EBITDA of Rs 85.89 crore (Rs 8,588.68 lakhs) and an EBITDA margin of 10.43% on net worth of Rs 412.37 crore. Contingent liabilities disclosed include an EPCG customs duty obligation of Rs 6.24 crore and a disputed GST demand of Rs 4.79 crore currently under appeal.
- 11th AGM scheduled for September 30, 2026 at 11:00 a.m. via Video Conferencing
- Reported FY26 EBITDA was Rs 8,588.68 lakhs with an EBITDA margin of 10.43%
- Reported FY26 net worth of Rs 41,236.91 lakhs with a debt-to-equity ratio of 0.67
- Disclosed contingent liabilities include an EPCG customs duty payable of Rs 624.41 lakhs and a GST demand of Rs 479.33 lakhs
Virtuoso Optoelectronics Limited (VOEPL) has issued an EGM notice to approve a preferential equity issue of up to 16,89,859 shares at ₹503 per share, raising approximately ₹85.00 crore. The proposed allottees are institutional investors, including ICICI Prudential SmallCap Fund (10,93,439 shares), ICICI Prudential Retirement Fund (2,98,210 shares), and Clarus Capital II (2,98,210 shares). The fundraise represents ~4.8% of VOEPL's current market capitalization (₹1,768 Cr) and ~20.6% of its net worth (₹413 Cr). The EGM to seek shareholder approval is scheduled for September 24, 2026.
- Proposed preferential issue of up to 16,89,859 equity shares at an issue price of ₹503 per share (face value ₹10 + premium ₹493).
- Total capital to be raised aggregates up to ₹84,99,99,077 (~₹85.00 crore).
- Key marquee institutional allottees include ICICI Prudential SmallCap Fund (64.7% of the issue) alongside other institutional funds.
- Shareholder voting opens on September 21, 2026, and concludes with the EGM on September 24, 2026.
Virtuoso Optoelectronics Limited has informed the exchanges of a scheduled one-on-one virtual interaction with institutional investor Nuvama PCG on September 2, 2026, at 11:00 AM. The company confirmed that no Unpublished Price Sensitive Information (UPSI) will be shared during the meeting, and discussions will be restricted to publicly available information. This is a routine compliance disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015.
- Virtual 1-on-1 interaction scheduled with Nuvama PCG
- Meeting date and time set for September 2, 2026, at 11:00 AM
- Company confirmed discussions will use only publicly available data with no UPSI shared
Virtuoso Optoelectronics (VOEPL) has approved a preferential issue of up to 16,89,859 equity shares at ₹503 per share (face value ₹10 + ₹493 premium), aggregating to ₹85.00 crore. The proposed allottees include institutional investors: ICICI Prudential SmallCap Fund (₹55.00 crore), ICICI Prudential Retirement Fund (₹15.00 crore), and Clarus Capital II (₹15.00 crore). The fundraise represents ~4.7% of current market capitalization (₹1,815 crore) and will dilute promoter holding from 46.22% to 44.05%. An Extraordinary General Meeting (EGM) is scheduled for September 24, 2026, to seek shareholder approval.
- Preferential issue of up to 16,89,859 equity shares at ₹503 per share to raise ₹85.00 crore
- ICICI Prudential SmallCap Fund to invest ₹55.00 crore (10,93,439 shares)
- ICICI Prudential Retirement Fund and Clarus Capital II to invest ₹15.00 crore each (2,98,210 shares each)
- Promoter shareholding post-issue reduces from 46.22% to 44.05%
- Shareholder approval scheduled via EGM on September 24, 2026 (cut-off date September 17, 2026)
Virtuoso Optoelectronics Limited has scheduled a meeting of its Board of Directors on Saturday, August 29, 2026, to consider and approve a proposal to raise funds. The fundraise is proposed via the issuance of equity shares and/or other securities on a preferential issue basis. The Board will also consider convening an Extraordinary General Meeting (EGM) or conducting a postal ballot to seek shareholder approval. In compliance with insider trading norms, the trading window has been closed effective August 26, 2026, until 48 hours after the conclusion of the board meeting.
- Board meeting scheduled for Saturday, August 29, 2026, to evaluate fundraise proposal
- Fundraise proposed through a preferential issue of equity shares and/or other securities
- Board to consider convening an EGM or postal ballot for requisite member approval
- Trading window closed effective August 26, 2026, until 48 hours after the Board meeting concludes
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