tiprankstipranks
Trending News
More News >
Vaibhav Global Ltd. (IN:VAIBHAVGBL)
:VAIBHAVGBL
India Market

Vaibhav Global Ltd. (VAIBHAVGBL) AI Stock Analysis

Compare
1 Followers

Top Page

IN:VAIBHAVGBL

Vaibhav Global Ltd.

(VAIBHAVGBL)

Select Model
Select Model
Select Model
Outperform 75 (OpenAI - 5.2)
,
Outperform 75 (OpenAI - 5.2)
,
Outperform 75 (OpenAI - 5.2)
,
Outperform 75 (OpenAI - 5.2)
,
Outperform 75 (OpenAI - 5.2)
,
Outperform 75 (OpenAI - 5.2)
,
Outperform 75 (OpenAI - 5.2)
,
Outperform 75 (OpenAI - 5.2)
Rating:75Outperform
Price Target:
₹228.00
▼(-4.22% Downside)
Action:ReiteratedDate:02/04/26
The score is driven primarily by solid financial performance (growth and balance-sheet strength), partially offset by weaker free-cash-flow trends. Technicals are constructive with the price above key averages, though momentum is mixed due to a slightly negative MACD, while valuation is supportive with a reasonable P/E and a moderate dividend yield.
Positive Factors
D2C omnichannel model
Vaibhav Global’s direct-to-consumer model via live TV programming (Shop LC) and e-commerce creates durable customer relationships and repeat purchase dynamics. Content-driven urgency and owned distribution lower dependence on wholesale, supporting long-term margin control, customer data capture, and scalable marketing.
Revenue growth with improving gross margins
Consistent revenue growth alongside improved gross margins indicates lasting operational improvements in sourcing, pricing or assortment. Higher gross margins provide structural room to absorb marketing or fulfillment investments while sustaining profitability over multiple quarters.
Solid balance sheet and manageable leverage
A strong equity base and manageable leverage provide financial flexibility for inventory funding, content production and cross-border expansion. This stability reduces refinancing risk and supports long-term investments without immediate dilution or distress financing.
Negative Factors
Declining free cash flow
A material drop in free cash flow weakens the company’s ability to self-fund growth, repurchase shares, or raise dividends. Over several quarters this can force external financing, constrain inventory and marketing flexibility, and increase vulnerability to working-capital swings in retail cycles.
Net margin deterioration
Despite gross margin gains, falling net margins suggest rising operating or non-operating costs that erode profitability. If persistent, this limits reinvestment, reduces return on equity and could signal structural cost pressures in logistics, marketing, or international operations.
Rising debt level (slight)
Even a modest increase in debt paired with declining free cash flow tightens financial flexibility. Over the medium term this can raise interest burden and reduce headroom for opportunistic investments, making the firm more sensitive to cash-flow volatility or rising rates.

Vaibhav Global Ltd. (VAIBHAVGBL) vs. iShares MSCI India ETF (INDA)

Vaibhav Global Ltd. Business Overview & Revenue Model

Company DescriptionVaibhav Global Limited, together with its subsidiaries manufactures and exports fashion jewelry and related articles. It offers gemstones, apparels, and life-style products. The company sells its products through departmental stores; TV shopping channels; and through internet shopping websites and mobile apps, as well as OTT platforms, social media platforms and third-party marketplaces; and involved in the B2B wholesale distribution in the United States and the United Kingdom, and Germany. It operates in United States, Canada, the United Kingdom, Germany, India, and internationally. Vaibhav Global Limited was founded in 1980 and is headquartered in Jaipur, India. Vaibhav Global Limited is a subsidiary of Brett Enterprises Private Limited.
How the Company Makes MoneyVaibhav Global makes money primarily by selling merchandise directly to consumers (D2C) through its home-shopping television channel and its digital platforms (web and mobile), with revenue recognized from product sales. Its key revenue stream is the retail sale of jewelry and other lifestyle products, where the company purchases or sources products (including designing/private-label in parts of the assortment) and earns gross profit on the spread between selling price and product/fulfillment costs. Sales are driven by live, time-bound televised and streamed presentations that create urgency and volume, supported by repeat purchases from an established customer base. Additional contributors to earnings typically include shipping/handling charges collected from customers (where applicable) and the benefits of operating leverage from scale in procurement, in-house/controlled content production, and fulfillment operations. Significant partnerships or precise channel-level revenue splits are null.

Vaibhav Global Ltd. Financial Statement Overview

Summary
Strong revenue growth and improved gross margins support profitability quality, and the balance sheet is solid with a healthy equity position and manageable leverage. The main drag is cash flow: free cash flow declined sharply from 2024 to 2025 and net margin weakened, raising execution and liquidity-efficiency concerns.
Income Statement
78
Positive
The company has shown strong revenue growth over the years with a notable increase from 2024 to 2025. Gross profit margins have improved significantly in 2025, indicating better cost management. However, the net profit margin has decreased due to lower net income, suggesting some challenges in controlling operational costs.
Balance Sheet
83
Very Positive
The balance sheet reflects a solid equity position with a healthy equity ratio, indicative of strong financial stability. The debt-to-equity ratio remains manageable, though there was a slight increase in total debt in 2025. The return on equity has been positive, showcasing effective utilization of shareholder funds.
Cash Flow
70
Positive
The company experienced a substantial decline in free cash flow from 2024 to 2025, which could pose challenges for liquidity management. Despite this, the operating cash flow remains positive, indicating sufficient cash generation from core operations. The free cash flow to net income ratio has dropped, pointing to potential inefficiencies.
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue34.37B33.80B30.41B26.91B27.42B25.37B
Gross Profit23.95B22.10B12.20B10.51B11.39B15.80B
EBITDA3.18B2.89B2.87B2.27B3.31B3.88B
Net Income1.63B1.53B1.28B1.05B2.38B2.72B
Balance Sheet
Total Assets0.0020.40B18.89B17.89B16.90B13.95B
Cash, Cash Equivalents and Short-Term Investments2.45B2.45B2.33B2.73B1.91B4.68B
Total Debt0.002.28B2.18B1.93B1.65B1.24B
Total Liabilities-13.50B6.90B6.31B5.86B5.62B4.31B
Stockholders Equity13.50B13.50B12.58B12.01B11.27B9.64B
Cash Flow
Free Cash Flow0.001.30B2.33B916.38M-2.13B2.69B
Operating Cash Flow0.001.65B2.77B1.27B879.41M3.26B
Investing Cash Flow0.00-70.77M-1.84B402.47M-450.06M-2.68B
Financing Cash Flow0.00-1.30B-1.43B-1.03B-721.47M-574.88M

Vaibhav Global Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price238.05
Price Trends
50DMA
225.70
Negative
100DMA
234.52
Negative
200DMA
231.66
Negative
Market Momentum
MACD
-7.02
Positive
RSI
39.28
Neutral
STOCH
21.09
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VAIBHAVGBL, the sentiment is Negative. The current price of 238.05 is above the 20-day moving average (MA) of 218.13, above the 50-day MA of 225.70, and above the 200-day MA of 231.66, indicating a bearish trend. The MACD of -7.02 indicates Positive momentum. The RSI at 39.28 is Neutral, neither overbought nor oversold. The STOCH value of 21.09 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:VAIBHAVGBL.

Vaibhav Global Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
₹34.30B10.862.52%8.92%46.68%
66
Neutral
₹45.09B16.592.75%6.96%6.33%
66
Neutral
₹8.60B3.411.38%14.86%48.09%
66
Neutral
₹48.39B4.930.31%20.18%16.17%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
54
Neutral
₹47.88B-25.69-12.59%-328.41%
52
Neutral
₹27.89B18.97112.02%244.77%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:VAIBHAVGBL
Vaibhav Global Ltd.
205.35
-23.12
-10.12%
IN:RAJESHEXPO
Rajesh Exports Limited
94.45
-92.40
-49.45%
IN:SENCO
Senco Gold Limited
295.40
8.31
2.90%
IN:SHARDAMOTR
Sharda Motor Industries Ltd.
785.35
48.88
6.64%
IN:TBZ
Tribhovandas Bhimji Zaveri Limited
128.95
-57.34
-30.78%
IN:VIPIND
V.I.P.INDUSTRIES LTD.
337.05
42.00
14.23%

Vaibhav Global Ltd. Corporate Events

Vaibhav Global’s Shop LC Named Among USA TODAY’s Most Trusted Brands of 2026
Mar 20, 2026

Shop LC, the U.S. retail arm of Vaibhav Global Limited, has been named among USA TODAY’s Most Trusted Brands of 2026, earning a four-star rating and placing in the top 400 out of more than 20,000 brands evaluated nationally. The recognition positions Shop LC alongside global names such as Charlotte Tilbury Beauty, Carolina Herrera, and BMW Group, reinforcing its standing among leading brands known for quality and reliability.

The company framed the accolade as a validation of its focus on consistency in customer service, value-driven products, and purpose-led programs that link every purchase to social impact. Shop LC credited leadership and cross-functional teams across sales, digital commerce, and marketing, while emphasizing that customer trust and loyalty remain central to sustaining its growth and strengthening its reputation in the competitive U.S. retail landscape.

Vaibhav Global Publishes Notice on Special Window for Dematerialisation of Physical Shares
Mar 6, 2026

Vaibhav Global Limited, headquartered in Jaipur and listed on NSE and BSE, operates under India’s securities market regulations and maintains investor communication through stock exchange filings and its corporate website. The company adheres to SEBI’s listing obligations as part of its governance and disclosure practices.

The company has notified exchanges that it has published a newspaper notice regarding a special window for transfer and dematerialisation of physical shares, in line with a recent SEBI circular. This step underscores its compliance with evolving regulatory norms and informs shareholders about the process and timelines for converting physical shareholdings into electronic form, which may affect how investors manage and trade their holdings.

Vaibhav Global Clears Q3 FY26 Results, Interim Dividend and Fresh ESOP Grants
Jan 27, 2026

Vaibhav Global Ltd’s board has approved the unaudited consolidated and standalone financial results for the quarter and nine months ended 31 December 2025, underscoring ongoing financial disclosure for the 2025-26 fiscal year. The board also declared a third interim dividend of Rs 1.50 per equity share for 2025-26, with a record date of 3 February 2026, signalling continued shareholder payouts, and cleared the grant of 63,789 stock options and 5,862 restricted stock units under its existing ESOP and RSU plans, reinforcing long-term employee alignment and incentivisation through equity-based compensation.

Vaibhav Global Declares Third Interim Dividend, Approves Fresh ESOP and RSU Grants
Jan 27, 2026

Vaibhav Global Limited’s board has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, alongside declaring a third interim dividend of Rs 1.50 per equity share for FY 2025-26, with a record date of 3 February 2026 and payment to be made within 30 days of declaration. The board also sanctioned the grant of 63,789 stock options under the VGL ESOP Plan 2021 and 5,862 restricted stock units under the VGL RSU Plan 2019, both compliant with SEBI’s share-based benefit regulations, a move that underscores the company’s continued emphasis on shareholder returns and long-term employee alignment through equity-linked incentives.

Vaibhav Global Approves Q3 FY26 Results, Third Interim Dividend and Fresh ESOP, RSU Grants
Jan 27, 2026

Vaibhav Global Limited’s board has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, declared a third interim dividend of Rs. 1.50 per equity share for FY 2025-26, and set 3 February 2026 as the record date, with the payout to be completed within 30 days of declaration. The board also cleared the grant of 63,789 stock options under the 2021 ESOP plan and 5,862 restricted stock units under the 2019 RSU plan to eligible employees of the company and its subsidiaries, a move that underscores its continued emphasis on shareholder returns via dividends and on long-term employee incentives through equity-linked compensation.

Vaibhav Global Sets 3 February 2026 Record Date for Third Interim Dividend
Jan 27, 2026

Vaibhav Global Limited has set 3 February 2026 as the record date to determine shareholder eligibility for its third interim dividend for the financial year 2025-26, in line with Regulation 42 of SEBI’s Listing Obligations and Disclosure Requirements. The announcement signals the company’s continued distribution of interim dividends during the year, underscoring an ongoing capital-return policy that is relevant for existing and prospective investors tracking its shareholder payouts and cash-distribution practices.

Vaibhav Global Delivers Record Q3 Revenue and Profit Growth, Boosts In-House Brands and ESG Profile
Jan 27, 2026

Vaibhav Global Limited reported record quarterly revenue of ₹1,066 crore in Q3 FY26, its first quarter above the ₹1,000 crore mark, representing 9.1% year-on-year growth and outpacing its own guidance. Profitability strengthened with gross margins at 63%, EBITDA up 26% year-on-year and margin expanding to 13.2%, and PAT rising 41% to ₹90 crore, supported by operating leverage and cost discipline. The balance sheet remained robust with net cash of ₹213 crore, while return ratios were healthy at 21% ROCE and 15% ROE. Operationally, digital channels contributed 42% of B2C revenue and in-house brands rose to 48% of gross B2C revenue from 31% a year earlier, highlighting a strategic shift toward higher-margin, owned offerings. The company reported a stable customer base with 7.06 lakh unique customers (TTM), steady retention at 40%, and strong repeat purchasing, and it underscored its ESG progress through an upgraded ICRA ESG score, continued meal-donation initiatives, climate commitments, and global Great Place to Work certification, alongside declaring a third interim dividend of ₹1.50 per equity share with a 28% payout.

Vaibhav Global Files Q3 and 9M FY26 Investor Presentation With Exchanges
Jan 27, 2026

Vaibhav Global Limited has submitted its investor presentation on the financial results for the third quarter and nine months of FY26 to the National Stock Exchange of India and BSE, in compliance with SEBI’s disclosure regulations. The filing underscores the company’s ongoing communication with capital market participants, providing detailed performance updates that are likely to inform investor assessment of its operational trajectory and financial health.

Vaibhav Global Schedules Q3 and Nine-Month FY26 Earnings Call
Jan 15, 2026

Vaibhav Global Limited has announced that it will host an earnings conference call on 28 January 2026 at 5:00 pm IST to discuss its operational and financial performance for the third quarter and nine months of FY26 with investors and analysts. The call, to be led by Managing Director Sunil Agrawal and Group CFO Nitin Panwad, underscores the company’s ongoing efforts to maintain transparent communication with the market and provide stakeholders with timely updates on its business performance.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Feb 04, 2026