TickerSutra

NSE: VAIBHAVGBL · BSE: 532156 · ISIN INE884A01027

Vaibhav Global Limited stock analysis

Vaibhav Global Limited ranks #784 in the TickerSutra evidence-ranked universe with a score of 60/100 and 95% data confidence. The latest captured fundamentals show ROCE of 16.4%, quarterly sales growth of 12.7% and quarterly profit growth of 49.8%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE60/100

Monitor only

#784 of 5,430 ranked equities
Market capitalisation₹3,648.02cr
ROCE16.4%
Quarterly sales growth12.7%
Quarterly profit growth49.8%
P/E ratio12.8×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • Low debt/equity of 0.25×
  • Strong CFO/EBITDA of 0.86×
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • No calculated threshold risk in the current snapshot.

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹2,752cr₹281cr₹237cr10.0%
2023₹2,691cr₹200cr₹105cr7.0%
2024₹3,041cr₹269cr₹127cr9.0%
2025₹3,380cr₹290cr₹153cr9.0%
2026₹3,692cr₹361cr₹266cr10.0%
TTM₹3,795cr₹393cr₹285cr10.0%
Debt / equity0.25×
CFO / EBITDA0.86×
Operating margin10.0%
Free cash flow₹290cr
Sales CAGR · 3Y11.1%
Profit CAGR · 3Y36.3%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts1 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Management confidenceHigh severity · 4 mentions
Constructive

While EBITDA for the quarter was marginally above breakeven, the underlying trajectory remained on track. We remain confident that Germany will contribute meaningfully to our group profitability from FY '27. In line with our earlier commitment, Mindful Souls, our first digital acquisition brand, also continued its steady performance with strong gross margin and growing consumer base.

Export market updatesHigh severity · 1 mention
Constructive

We have started the year on a strong note, delivering another quarter of profitable growth. Revenue from operations stood at INR917 crores, a growth of 12.7% year -over-year, despite a relatively soft consumer spending environment across some of our key international markets. EBITDA increased 37% year -over-year to INR102 crores and EBITDA margin expanded to 11%, up from 9.2% in Q1 FY '26.

Margin guidanceHigh severity · 1 mention
Constructive

Keeping in line, our digital investment will continue to increase. So our overall EBITDA margin guidance will be in terms of improving trend. Aditya Jhawar: So it will be 15% to 18%?

Capacity expansion plansModerate severity · 2 mentions
Positive catalyst

But there has to be synergy for our business when we acquire a new company. For greenfield, we may look at India or Japan as a future growth potential. But we want to come there once we have the digital humming and continuously giving a good growth for digital itself and overall for the business.

Margin expansionModerate severity · 3 mentions
Positive catalyst

On capital allocation, the Board has recommended a first interim dividend of INR1.5 per equity share. On the outlook front, we reiterate our FY '27 guidance of 9% to 11% revenue growth with EBITDA margin expansion of 50 to 100 basis points over FY '26. Looking further ahead, we remain confident in our journey towards achieving 12% to 15% growth in mid - to long-term as we continue to scale our digital platforms acros

Operating leverageModerate severity · 1 mention
Positive catalyst

This transformation is helping us fundamentally reengineer how we operate, evolving from traditional TV-led retailer with digital add -ons into an integrated digital first AI -led omnichannel retailer. We believe this shift will be a key structural driver of both growth and operating leverage over the coming years. Sustainability and community remain at the core of our business.

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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