CAPSULE+ / Virtuoso Optoelectronics Ltd
About the Company
Virtuoso Optoelectronics Ltd (VOEPL), established in 2015 in Nashik, India, is a leading player in the electronic manufacturing sector, specializing in OEM/ODM solutions for White Goods, LED Lighting, and Electronic Manufacturing Services (EMS). The company provides end-to-end solutions, from product design to final assembly, focusing on air conditioners, water dispensers, washing machines, LED lighting, and commercial freezers.
Business Overview
Financial Report
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Key Highlights & Management Guidance
- VOEPL has been approved for the PLI scheme for White Goods for an investment amount of ₹50.50 Cr. which will go towards the backward integration of AC Components.
- Capacity expansions in IDUs, ODUs & EMS have started contributing in FY25.
- Increased capacity utilization for water dispensers, with further expansion underway.
- A new facility for commercial refrigeration is on track to be operational by the end of Q3FY25.
- Further investments in machinery to enhance backward integration.
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Capsule’s View
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