Vaibhav Global Ltd
NSE:VAIBHAVGBL
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Vaibhav Global Ltd
NSE:VAIBHAVGBL
|
IN |
|
W
|
Wushang Group Co Ltd
SZSE:000501
|
CN |
Vaibhav Global Ltd
Vaibhav Global Ltd. engages in the manufacture, wholesale, and retail of fashion jewelry and lifestyle products on its proprietary TV shopping and web platforms. The company is headquartered in Jaipur, Rajasthan and currently employs 1,389 full-time employees. The firm offers to customers in the United States and the United Kingdom. The Company’s two television (TV) sales platforms include Shop LC Global Inc. and Shop TJC Limited. Shop LC Global Inc. provides split-screen broadcasting where two hosts could present simultaneously on live TV. The firm also offers live broadcasts during the lockdowns. Shop TJC Limited is engaged in the sale and marketing of fashion jewelry and lifestyle accessories through electronic media. Shop TJC Limited operates a dedicated 24x7 TV shopping channel and Internet shopping Website, www.tjc.co.uk , and also a mobile application in the United Kingdom. Its subsidiary, STS Gems Limited, is engaged in outsourcing jewelry and lifestyle products primarily for the Company.
Vaibhav Global Ltd. engages in the manufacture, wholesale, and retail of fashion jewelry and lifestyle products on its proprietary TV shopping and web platforms. The company is headquartered in Jaipur, Rajasthan and currently employs 1,389 full-time employees. The firm offers to customers in the United States and the United Kingdom. The Company’s two television (TV) sales platforms include Shop LC Global Inc. and Shop TJC Limited. Shop LC Global Inc. provides split-screen broadcasting where two hosts could present simultaneously on live TV. The firm also offers live broadcasts during the lockdowns. Shop TJC Limited is engaged in the sale and marketing of fashion jewelry and lifestyle accessories through electronic media. Shop TJC Limited operates a dedicated 24x7 TV shopping channel and Internet shopping Website, www.tjc.co.uk , and also a mobile application in the United Kingdom. Its subsidiary, STS Gems Limited, is engaged in outsourcing jewelry and lifestyle products primarily for the Company.
Revenue Milestone: Quarterly consolidated revenue crossed INR 1,000 crore for the first time, reaching INR 1,066 crores, up 9.1% year-over-year and slightly ahead of guidance.
Margin Expansion: Gross margin rose to 63%, up 170 basis points YoY, and EBITDA margin improved to 13.2%, a 170 basis point increase, with EBITDA up 26% and profit after tax up 41%.
Guidance Maintained: FY '26 revenue growth guidance retained at 7–9%, and for FY '27, management expects 9–11% revenue growth and EBITDA margin of 10.5–11%.
Digital & Brands Progress: Digital revenue now 42% of B2C sales; in-house brands contributed 48% of B2C sales, with both targets on track to reach 50% by FY '27.
Germany Turnaround: Germany business turned profitable in the quarter with 6% EBITDA margin, and is expected to contribute to group EBITDA from FY '27.
Product Mix Shifts: Lab-grown diamond (LGD) products now make up 10.7% of retail revenue, with an ASP of $250; lifestyle products contributed 35% of total sales.
Operational Strength: Operating cash flow was INR 160 crores and free cash flow INR 143 crores; net cash position remains strong at INR 213 crores.
Cost Discipline: Margin gains driven by employee cost efficiency, process automation, and supply chain management; company continues to invest in AI and operational improvements.
