Indian Accounting Research Analyst, Trudence Capital Advisors

Nitin Mangal

Indian Accounting Research Analyst

Trudence Capital Advisors

Trudence Capital Advisors Private Limited is a SEBI-registered Research Analyst, holding SEBI registration number INH000015747. Our firm is dedicated to providing independent and unbiased research on Indian mid to large-cap companies. Trudence Capital is known for its counter-consensus views, with a focus on forensic research and on-ground primary investigations. Our research approach is thorough, involving detailed analysis of accounting practices and governance, alongside extensive channel checks.

Independent & Unbiased Research

Forensic Accounting

Virtuoso Optoelectronics / Forensic Accounting

<ul>
<li>
<a href="https://www.smartkarma.com/entities/virtuoso-optoelectronics-private-limited" target="_blank" data-smartkarma-citation="entities:43639:1" rel="noopener">Virtuoso Optoelectronics (VOEPL IN)</a>  is a contract manufacturer company engaged into production of ACs, Lightings and other equipments. The company is renowned for supplying ACs to Voltas.</li>
<li>The company has grown sharply over the last five years and has been engaging in constant capex. However, it does struggle in converting its earnings to cash.</li>
<li>Among the forensic checks, it nets off receivables and payables/advances, the exact nature of these line items cannot be commented upon. VOEPL also faces high cost of borrowings</li>
</ul>



Virtuoso Optoelectronics (VOEPL IN)  is a contract manufacturer company engaged into production of ACs, Lightings and other equipments. The company is renowned for supplying ACs to Voltas.
The company has grown sharply over the last five years and has been engaging in constant capex. However, it does struggle in converting its earnings to cash.
Among the forensic checks, it nets off receivables and payables/advances, the exact nature of these line items cannot be commented upon. VOEPL also faces high cost of borrowings


Virtuoso Optoelectronics Ltd- Forensic Analysis

India

BPL Limited manufactures a wide variety of electronic devices. The Company's products include home appliances, audio systems, DVD players, televisions, video tape recorders, digital cameras, alkaline batteries, refrigerators, washing machines, computer monitors, electrocardiographs, soft energy products, patient monitoring and speaker systems, as well as digital signaling equipment.

Singer India Limited markets household and artisan sewing machines, sewing machine cabinets, tables and stands, needles, knitting machines, and replacement parts and components.  The Company also manufactures televisions, refrigerators and other household appliances.

MIRC Electronics Limited manufactures and distributes consumer electronic products. The Companys's products, which are marketed under the "ONIDA" brand name, include televisions, video cassette recorders, audio systems, video cassettes, compact disc players, presentation products and washing machines.

PIL Italica Lifestyle Limited manufactures moulded plastic furniture products.  The Company produces chairs, stools, wheeled carts, lawn furniture, trolleys, sun loungers, and house wares. PIL Italica Lifestyle markets its products to households, offices, hotels, restaurants, classrooms, and stadiums.

Sharp India Limited manufactures and markets a wide range of audio/video products. The Company's products include television sets, video cassette recorders, stereo systems, camcorders and DVD players. Sharp India also manufactures microwave ovens, cordless telephones, photocopiers and fax machines.

Prima Plastics Ltd. manufactures plastic molded furniture and consumer durables including plastic chairs, dining tables, brief cases, overnighters and storage bins.

Butterfly Gandhimathi Appliances Ltd. manufactures and markets small household appliances. The Company's products include stainless steel pressure cookers, pressure pans, unbreakable vaccum flasks, vaccum lunch boxs, and stainless steel canisters.

Butterfly Gandhimathi Appliances (BGAL IN)

Himachal Fibres Ltd. manufactures cotton and synthetic blended yarns.

Nahar Industrial Enterprises Limited produces yarn, processed and unprocessed fabrics, and ready-made woven garments. The Company also produces sugar and steel products.

Donear Industries Limited manufactures textile products. The Company manufactures suit, trousers, and shirt fabrics.

Poh Huat Resources Holdings Berhad is an investment holding company.  The Company, through its subsidiaries, manufactures and trades furniture and parts.

Star Comgistic Capital Co Ltd manufactures and markets household appliances. The company's products include coffee machines, toasters, irons and other small electronic appliances.

Tone Co Ltd produces a diverse line of wrenches including socket, shear, and offset wrenches in both non-power and power-driven types. The Company's products are primarily utilized in the auto, machinery, construction, and shipbuilding industries.

Dainichi Co., Ltd. manufactures and sells oil heating equipment.  The products include fan heaters for household use and kerosene stoves for industrial use. The Company also produces environment related equipment such as air purifiers, smoke generators, and coffee makers.

Wellpool Co Ltd manufactures and markets carpets. The Company's products include Well-lon gauze, Wellpool carpets, series of structural adhesive tapes.

Tekom Technologies, Inc. manufactures and markets digital still cameras and mobile phone cameras.

Shinil Industrial Co., Ltd. manufactures electric fans, ovens, rice pots, small refrigerators, pagers, electric heaters, and other household appliances.

JANOME SEWING MACHINE CO., LTD. mainly manufactures household sewing machines. The Company also makes household electrical equipment such as 24-hour bath systems and a wide range of industrial machinery including robots and press machines.  Janome also provides maintenance and real estate services.  The Company has direct sales outlets throughout Japan.

Redwood Group Ltd is a contract manufacturer of high-quality interior fittings for many of the world's top luxury brands.

Guanghe Landscape Culture Communication Co., Ltd, Shanxi provides media event planning services, operates hotels and designs cartoons. The Company sells handicrafts, general merchandise and audio-video products.

Virtuoso Optoelectronics Private Limited manufactures consumer electronics. The Company offers water heaters, air conditioners, and semiconductor lighting products. Virtuoso Optoelectronics serves customers in India.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Virtuoso Optoelectronics Ltd- Forensic Analysis

​Virtuoso Optoelectronics is a contract manufacturer known for supplying ACs to Voltas, Among key forensic checks, it struggles to convert earnings...

Nitin Mangal

Virtuoso Optoelectronics is a contract manufacturer known for supplying ACs to Voltas, Among key forensic checks, it struggles to convert earnings...