Vaibhav Global Ltd

Vaibhav Global Ltd

₹ 221 0.24%
11 Aug - close price
About

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]

Key Points

Omni-Channel Retail Network
The company is an omnichannel E-tailer of fashion jewelry, accessories, and lifestyle products in developed markets with direct access to over 130 Mn households through its TV home shopping networks - Shop LC in the US, Shop TJC & Ideal World in the UK and Shop LC in Germany. It also operates e-commerce websites - www.shoplc.com & https://mindfulsouls.com/ in the US, www.tjc.co.uk & www.idealworld.tv/ in the UK, and www.shoplc.de in Germany, complementing its TV coverage. [1] [2]

  • Market Cap 3,686 Cr.
  • Current Price 221
  • High / Low 348 / 178
  • Stock P/E 22.6
  • Book Value 81.2
  • Dividend Yield 2.71 %
  • ROCE 14.0 %
  • ROE 11.7 %
  • Face Value 2.00

Pros

  • Company has been maintaining a healthy dividend payout of 62.7%

Cons

  • Stock is trading at 2.72 times its book value
  • The company has delivered a poor sales growth of 11.2% over past five years.
  • Company has a low return on equity of 10.5% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
628 646 724 693 658 705 888 789 756 796 977 850 814
586 596 662 646 600 642 795 736 699 736 868 788 752
Operating Profit 42 50 61 46 58 63 93 53 57 60 110 62 62
OPM % 7% 8% 8% 7% 9% 9% 11% 7% 8% 8% 11% 7% 8%
2 2 14 9 7 3 2 6 9 9 2 8 13
Interest 2 2 2 3 3 3 3 3 3 4 4 4 4
Depreciation 17 18 20 22 22 23 23 25 25 26 26 25 25
Profit before tax 25 31 55 30 40 41 68 32 37 39 82 41 46
Tax % 22% 26% 28% 23% 27% 30% 31% 33% 27% 29% 22% 17% 18%
20 23 39 23 30 29 47 21 27 28 64 34 38
EPS in Rs 1.19 1.39 2.36 1.42 1.80 1.78 2.87 1.29 1.67 1.67 3.84 2.05 2.26
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
1,298 1,376 1,277 1,439 1,571 1,814 1,986 2,540 2,752 2,691 3,041 3,380 3,437
1,155 1,242 1,218 1,353 1,422 1,611 1,725 2,170 2,471 2,491 2,772 3,090 3,144
Operating Profit 143 134 58 86 148 203 262 370 281 200 269 290 294
OPM % 11% 10% 5% 6% 9% 11% 13% 15% 10% 7% 9% 9% 9%
34 13 17 16 10 14 14 18 50 28 19 27 32
Interest 14 7 7 6 4 5 9 5 6 8 12 15 15
Depreciation 7 12 24 29 25 25 31 39 55 78 93 102 103
Profit before tax 155 128 45 66 129 188 236 344 271 141 182 200 209
Tax % 2% 19% 11% 2% 13% 18% 20% 21% 12% 26% 30% 24%
153 103 40 65 112 154 190 272 237 105 127 153 163
EPS in Rs 9.48 6.37 2.45 3.97 6.90 9.43 11.77 16.70 14.50 6.36 7.72 9.22 9.82
Dividend Payout % 2% 9% 0% 0% 0% 21% 57% 30% 41% 94% 78% 16%
Compounded Sales Growth
10 Years: 9%
5 Years: 11%
3 Years: 7%
TTM: 10%
Compounded Profit Growth
10 Years: 4%
5 Years: -4%
3 Years: -10%
TTM: 26%
Stock Price CAGR
10 Years: 11%
5 Years: -9%
3 Years: -10%
1 Year: -26%
Return on Equity
10 Years: 17%
5 Years: 16%
3 Years: 11%
Last Year: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 32 32 32 33 33 33 32 33 33 33 33 33
Reserves 201 296 335 402 518 664 719 931 1,094 1,168 1,225 1,317
124 76 112 85 67 66 102 124 165 193 218 228
121 126 140 157 146 179 238 307 394 392 405 456
Total Liabilities 478 530 619 676 763 942 1,091 1,395 1,686 1,786 1,881 2,034
66 76 126 126 120 116 154 163 467 507 616 566
CWIP 0 1 3 0 0 1 9 29 27 5 6 11
Investments 3 3 4 5 12 18 82 280 84 34 128 116
409 450 487 545 632 807 847 923 1,108 1,241 1,131 1,342
Total Assets 478 530 619 676 763 942 1,091 1,395 1,686 1,786 1,881 2,034

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
178 115 -25 74 41 204 214 326 88 127 277 165
-68 -3 -42 -26 -23 -22 -184 -267 -45 43 -183 -5
-108 -64 30 -30 -24 -23 -184 -57 -72 -103 -143 -130
Net Cash Flow 2 49 -37 19 -6 159 -155 1 -29 68 -49 30

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
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
Days Payable 59 61 99 83 66 74 75 65 104 95 76 73
Cash Conversion Cycle 126 139 197 162 191 189 170 139 158 176 164 181
Working Capital Days 23 31 45 49 72 62 59 42 58 59 55 60
ROCE % 50% 35% 11% 15% 23% 27% 30% 36% 21% 11% 14% 14%

Shareholding Pattern

Numbers in percentages

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
57.90% 57.91% 57.26% 57.21% 57.12% 57.24% 57.22% 57.18% 57.30% 57.30% 57.30% 57.19%
20.74% 21.13% 21.64% 21.89% 22.66% 22.05% 22.68% 21.48% 19.20% 18.37% 18.59% 18.52%
6.58% 6.38% 6.36% 6.24% 5.72% 5.37% 2.57% 1.88% 0.73% 0.74% 0.85% 0.91%
14.64% 14.44% 14.63% 14.59% 14.42% 15.28% 17.45% 19.33% 22.62% 23.46% 23.14% 23.26%
0.14% 0.15% 0.10% 0.06% 0.06% 0.04% 0.07% 0.13% 0.15% 0.13% 0.12% 0.12%
No. of Shareholders 1,36,9851,32,4911,30,6891,29,1361,19,8881,17,4421,20,8541,27,3161,44,8871,43,6061,44,8821,43,742

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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