Vaibhav Global Ltd
VAIBHAVGBL NSE
Vaibhav Global Ltd
Consumer DiscretionaryNSE: VAIBHAVGBL BSE: 532156 Gems Jewellery And Watches
Key Fundamentals
MicrocapJewellery & WatchesConsumer GoodsMarket Cap
₹3,000 Cr
Volatility
Moderate
P/E Ratio
14.8
EBITDA
₹317 Cr
Return on Equity
10.07%
Debt to Equity
0.17
Book Value
₹86.58
EPS
₹7.91
52W High
₹293.25
52W Low
₹174.13
Technical Indicators
Key Insights
Strengths
1- Company has been maintaining a healthy dividend payout of 62.7%
Weaknesses
2- The company has delivered a poor sales growth of 11.2% over past five years.
- Company has a low return on equity of 10.6% over last 3 years.
Growth Rate
Revenue Growth
11.08% ↘
Net Income Growth
20.84% ↘
Cash Flow Change
-40.48% ↘
ROE
12.61% ↘
ROCE
4.23% ↘
EBITDA Margin (Avg.)
-3.22% ↘
Quarterly Results
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation | 20 | 22 | 22 | 23 | 23 | 25 | 25 | 26 | 26 | 25 | 25 | 24 | 25 |
| EPS in Rs | 2.36 | 1.42 | 1.8 | 1.78 | 2.87 | 1.29 | 1.67 | 1.67 | 3.84 | 2.05 | 2.26 | 2.85 | 5.38 |
| Expenses | 662 | 646 | 600 | 642 | 795 | 736 | 699 | 736 | 868 | 788 | 752 | 800 | 930 |
| Interest | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 4 |
| Net Profit | 39 | 23 | 30 | 29 | 47 | 21 | 27 | 28 | 64 | 34 | 38 | 48 | 90 |
| OPM % | 8% | 7% | 9% | 9% | 11% | 7% | 8% | 8% | 11% | 7% | 8% | 9% | 13% |
| Operating Profit | 61 | 46 | 58 | 63 | 93 | 53 | 57 | 60 | 110 | 62 | 62 | 78 | 136 |
| Other Income | 14 | 9 | 7 | 3 | 2 | 6 | 9 | 9 | 2 | 8 | 13 | 11 | 5 |
| PBT | 55 | 30 | 40 | 41 | 68 | 32 | 37 | 39 | 82 | 41 | 46 | 60 | 112 |
| Sales | 724 | 693 | 658 | 705 | 888 | 789 | 756 | 796 | 977 | 850 | 814 | 877 | 1,066 |
| Tax % | 28% | 23% | 27% | 30% | 31% | 33% | 27% | 29% | 22% | 17% | 18% | 21% | 20% |
Profit & Loss
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation | 7 | 12 | 24 | 29 | 25 | 25 | 31 | 39 | 55 | 78 | 93 | 102 | 100 |
| Div. Payout % | 2% | 9% | 0% | 0% | 0% | 21% | 57% | 30% | 41% | 94% | 78% | 16% | — |
| EPS in Rs | 9.48 | 6.37 | 2.45 | 3.97 | 6.9 | 9.43 | 11.77 | 16.7 | 14.5 | 6.36 | 7.72 | 9.22 | 12.54 |
| Expenses | 1,155 | 1,242 | 1,218 | 1,353 | 1,422 | 1,611 | 1,725 | 2,170 | 2,471 | 2,491 | 2,772 | 3,090 | 3,270 |
| Interest | 14 | 7 | 7 | 6 | 4 | 5 | 9 | 5 | 6 | 8 | 12 | 15 | 14 |
| Net Profit | 153 | 103 | 40 | 65 | 112 | 154 | 190 | 272 | 237 | 105 | 127 | 153 | 209 |
| OPM % | 11% | 10% | 5% | 6% | 9% | 11% | 13% | 15% | 10% | 7% | 9% | 9% | 9% |
| Operating Profit | 143 | 134 | 58 | 86 | 148 | 203 | 262 | 370 | 281 | 200 | 269 | 290 | 337 |
| Other Income | 34 | 13 | 17 | 16 | 10 | 14 | 14 | 18 | 50 | 28 | 19 | 27 | 37 |
| PBT | 155 | 128 | 45 | 66 | 129 | 188 | 236 | 344 | 271 | 141 | 182 | 200 | 259 |
| Sales | 1,298 | 1,376 | 1,277 | 1,439 | 1,571 | 1,814 | 1,986 | 2,540 | 2,752 | 2,691 | 3,041 | 3,380 | 3,607 |
| Tax % | 2% | 19% | 11% | 2% | 13% | 18% | 20% | 21% | 12% | 26% | 30% | 24% | — |
Balance Sheet
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Borrowings | 124 | 76 | 112 | 85 | 67 | 66 | 102 | 124 | 165 | 193 | 218 | 228 | 227 |
| CWIP | 0 | 1 | 3 | 0 | 0 | 1 | 9 | 29 | 27 | 5 | 6 | 11 | 1 |
| Equity Capital | 32 | 32 | 32 | 33 | 33 | 33 | 32 | 33 | 33 | 33 | 33 | 33 | 33 |
| Fixed Assets | 66 | 76 | 126 | 126 | 120 | 116 | 154 | 163 | 467 | 507 | 616 | 566 | 561 |
| Investments | 3 | 3 | 4 | 5 | 12 | 18 | 82 | 280 | 84 | 34 | 128 | 116 | 113 |
| Other Assets | 409 | 450 | 487 | 545 | 632 | 807 | 847 | 923 | 1,108 | 1,241 | 1,131 | 1,342 | 1,466 |
| Other Liabilities | 121 | 126 | 140 | 157 | 146 | 179 | 238 | 307 | 394 | 392 | 405 | 456 | 468 |
| Reserves | 201 | 296 | 335 | 402 | 518 | 664 | 719 | 931 | 1,094 | 1,168 | 1,225 | 1,317 | 1,413 |
| Total Assets | 478 | 530 | 619 | 676 | 763 | 942 | 1,091 | 1,395 | 1,686 | 1,786 | 1,881 | 2,034 | 2,142 |
| Total Liabilities | 478 | 530 | 619 | 676 | 763 | 942 | 1,091 | 1,395 | 1,686 | 1,786 | 1,881 | 2,034 | 2,142 |
Cash Flow
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CFO/OP | 129 | 99 | -12 | 100 | 38 | 111 | 98 | 104 | 56 | 80 | 120 | 75 |
| Financing | -108 | -64 | 30 | -30 | -24 | -23 | -184 | -57 | -72 | -103 | -143 | -130 |
| Investing | -68 | -3 | -42 | -26 | -23 | -22 | -184 | -267 | -45 | 43 | -183 | -5 |
| Operating | 178 | 115 | -25 | 74 | 41 | 204 | 214 | 326 | 88 | 127 | 277 | 165 |
| Free Cash Flow | 161 | 92 | -72 | 55 | 23 | 184 | 184 | 269 | -213 | 92 | 233 | 135 |
| Net Cash Flow | 2 | 49 | -37 | 19 | -6 | 159 | -155 | 1 | -29 | 68 | -49 | 30 |
Ratios
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Conversion Cycle | 126 | 139 | 197 | 162 | 191 | 189 | 170 | 139 | 158 | 176 | 164 | 181 |
| Days Payable | 59 | 61 | 99 | 83 | 66 | 74 | 75 | 65 | 104 | 95 | 76 | 73 |
| Debtor Days | 19 | 13 | 19 | 24 | 30 | 24 | 25 | 24 | 31 | 33 | 38 | 35 |
| Inventory Days | 166 | 187 | 277 | 221 | 227 | 239 | 220 | 180 | 231 | 238 | 202 | 219 |
| ROCE % | 50% | 35% | 11% | 15% | 23% | 27% | 30% | 36% | 21% | 11% | 14% | 14% |
| Working Capital Days | 23 | 31 | 45 | 49 | 72 | 62 | 59 | 42 | 58 | 59 | 55 | 60 |
Documents
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Frequently Asked Questions about Vaibhav Global Ltd
What does Vaibhav Global Ltd do?
Vaibhav Global Limited (VGL), through its distinctive business model, has created a niche for itself in the global retail space, especially in the jewellery, accessories and lifestyle product segments of two of the largest economies of the world - the US and UK. [1]
Where is Vaibhav Global Ltd (VAIBHAVGBL) listed?
Vaibhav Global Ltd is listed on the Indian stock exchanges. It is listed on NSE: VAIBHAVGBL and BSE: 532156. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Vaibhav Global Ltd belong to?
Vaibhav Global Ltd operates in the Consumer Discretionary sector within the Gems Jewellery And Watches industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Vaibhav Global Ltd?
Vaibhav Global Ltd has a market capitalisation of approximately ₹2999.70 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Vaibhav Global Ltd?
The Price-to-Earnings (PE) ratio of Vaibhav Global Ltd is 14.80. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Vaibhav Global Ltd?
Over the past 52 weeks, Vaibhav Global Ltd has traded between a low of ₹174.13 and a high of ₹293.25. This range helps investors understand the stock's price volatility and recent trading levels.
Does Vaibhav Global Ltd pay dividends?
Yes, Vaibhav Global Ltd has a dividend yield of 0.80%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Vaibhav Global Ltd?
Vaibhav Global Ltd has a Return on Equity (ROE) of 10.07%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Vaibhav Global Ltd on Tapetide?
On Tapetide, you can view Vaibhav Global Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Vaibhav Global Limited (VGL), through its distinctive business model, has created a niche for itself in the global retail space, especially in the jewellery, accessories and lifestyle product segments of two of the largest economies of the world - the US and UK. [1]
Website vaibhavglobal.com
CEO Mr. Sunil Agrawal
Employees 1,138
Listed 2004-04-05
Face Value ₹ 2
Issued Size 16,70,32,890