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Earnings Call

Vaibhav Global Earnings Call: Key Takeaways

Vaibhav Global delivered strong FY26 results with 41% PBT growth, driven by a strategic shift to in-house brands and lab-grown diamonds, though volume declines in core TV and digital segments highlight underlying demand stress.

Why this was an Alfa AlertNot a filter event. Results and guidance are in line with historical performance and management targets.
Highlights
Revenue growth10% YoY revenue growth; consolidation of international operations.
MarginsEBITDA margins up 140bps to 10.8% due to in-house brands.
Demand visibilityCautions on discretionary spending; strong demand for lab-grown diamonds.
Management confidenceBalanced confidence; highlighting structural shifts and AI-led efficiencies.

Growth

Revenue grew 10% YoY; EBITDA margins expanded 140bps to 10.8% due to vertical integration and 50% in-house brand contribution.

Outlook

FY27 guidance: 9-11% revenue growth and 50-100bps EBITDA margin improvement; digital mix target 50% by FY27.

Risks

9-10% volume decline across TV/Digital segments; sensitivity to high precious metal prices and cautious discretionary spending in US/UK.

Source

Earnings Call filed with NSE, NSE: VAIBHAVGBL. Summary written with AI assistance from the document.

Read the document ↗

Vaibhav Global Ltd: key numbers

Share price
₹206.38
Market cap
₹3,462 Cr
Revenue (annual)
₹3,692 Cr
Net profit (annual)
₹266.1 Cr
P/E (TTM)
12.2×Sector 55.7×
Promoter holding
57.33%-0.10% QoQ
FII holding
16.66%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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