Virtuoso Optoelectronics Ltd

Virtuoso Optoelectronics Limited is issuing 3,66,43,176 shares through a preferential allotment to ICICI Prudential SmallCap Fund, ICICI Prudential Retirement Fund- Hybrid Aggressive Plan, Clarus Capital II, and individual investors Sukrit Bharati, Nikitha Poddatur, and Sukrit Bharati HUF, with 7,02,246 warrants also being issued. The allotment, approved by shareholders at an Extraordinary General Meeting on July 12, 2026, and by the Board of Directors on August 29, 2026, is being conducted in compliance with the Securities and Exchange Board of India (Issue of Debt Securities) Regulations, 2018. The company and its directors are not listed as willful defaulters, fraudulent borrowers, or fugitive economic offenders, and the allottees have not recently sold shares. The new shares will rank pari passu with existing shares and will be listed on the relevant stock exchange, subject to a lock-in period as per SEBI regulations.

Virtuoso Optoelectronics Limited will seek board approval on Saturday, August 29, 2026, to raise funds through a preferential issue of equity shares and/or other securities, according to a regulatory filing with the BSE Limited and National Stock Exchange of India Limited. The company’s trading window for securities will be closed for designated persons and their immediate relatives from August 26, 2026, until 48 hours after the board meeting concludes.

Virtuoso Optoelectronics Limited will seek shareholder approval for a preferential issue of equity shares and/or other securities to raise funds, according to a regulatory filing with the BSE Limited and National Stock Exchange of India Limited on August 26, 2026; the company’s trading window for designated persons is closed until 48 hours after the board meeting on August 29, 2026.

Virtuoso Optoelectronics Limited announced the allotment of 16,85,392 equity shares and 7,02,246 unlisted fully convertible warrants on a preferential basis to Malabar India Fund Limited, India Insight Value Fund, Sukrit Bharati, Sukrit Bharati HUF, and Nikitha Poddatur. The equity shares were allotted at a price of Rs 356 per share, including a premium of Rs 346, while the warrants were also priced at Rs 356 per warrant, including a premium of Rs 346. The company's paid-up equity share capital increased to Rs 342,510,710 comprising 342,510,710 equity shares of Rs 10 each, and the newly allotted shares will be listed on the BSE Ltd and National Stock Exchange of India Limited.

Virtuoso Optoelectronics Ltd share price climbed 5.37% to Rs 518.25 after the company's net profit saw a strong growth of 103.37% to Rs 9.05 crore, while revenue from operations edged up 18.65% to Rs 375.88 crore in Q2FY26 over Q1FY26. The market capitalization of Diversified consumer products industry group stocks on BSE stood at Rs 1506.52 crore, rising by 13.30%. It has inched up 1.80% over last one week and jumped by 34.76% in last one month while the market capitalization of Virtuoso Optoelectronics Ltd has improved by 2.42% and 56.88% in the same period respectively. Profit before tax (PBT) of Virtuoso Optoelectronics Ltd stood at Rs 13.01 crore in Q2 FY26, expanding by 45.85% year-on-year, and surging by 132.32% quarter-on-quarter. EBITDA came in at Rs 34 crore, jumping 74.01% YoY and rallying 18.01% sequentially. Total expenses rose by 16.81% to Rs 351.65 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 331.12 crore, rising 14.58% YoY, while employee benefits expense was at Rs 9.89 crore, falling 10.34% YoY. For the TTM ended FY26, revenue from operations surged 31.62% to Rs 698.98 crore, while net profit surged by 20.75% to Rs 12.28 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 4230% to Rs 51.6 crore, and PBT witnessed a strong rise of 61.52% to Rs 23.21 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 36.07 crore in FY26, as against Rs 13.75 crore in FY25. Virtuoso Optoelectronics Ltd gained 4.78% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 2.83% during the same period.

Virtuoso Optoelectronics Limited informed the BSE Limited and National Stock Exchange of India Limited that no funds were raised during the quarter ended June 30, 2026, resulting in a nil statement of utilization of funds raised through preferential allotment, as reviewed by the company's Audit Committee on August 12, 2026.

Virtuoso Optoelectronics Limited will hold a board meeting on Wednesday, August 12, 2026, to consider and approve the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, according to a filing with the BSE Limited and National Stock Exchange of India Limited. The trading window for the company's securities has been closed since July 1, 2026, and will remain closed until 48 hours after the declaration of the financial results.

Virtuoso Optoelectronics announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 12 July 2026.

Virtuoso Optoelectronics will hold a meeting of the Board of Directors of the Company on 20 June 2026.

Net profit of Virtuoso Optoelectronics rose 84.65% to Rs 4.45 crore in the quarter ended March 2026 as against Rs 2.41 crore during the previous quarter ended March 2025. Sales rose 32.00% to Rs 316.81 crore in the quarter ended March 2026 as against Rs 240.01 crore during the previous quarter ended March 2025. For the full year,net profit rose 22.39% to Rs 15.03 crore in the year ended March 2026 as against Rs 12.28 crore during the previous year ended March 2025. Sales rose 17.83% to Rs 823.60 crore in the year ended March 2026 as against Rs 698.98 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales316.81240.01 32 823.60698.98 18 OPM %9.177.88 -10.148.02 - PBDT18.8911.32 67 52.4234.53 52 PBT5.607.84 -29 24.5123.21 6 NP4.452.41 85 15.0312.28 22 Powered by Capital Market - Live