Vaibhav Global Limited has informed the Exchange regarding 'Investor Presentation for Q4 & FY25'.
VAIBHAV GLOBAL LIMITED
Ref: VGL/CS/2025/48
Date: 22nd May, 2025
National Stock Exchange of India Limited (NSE) Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra, Mumbai – 400 051 Symbol: VAIBHAVGBL
BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 532156
Subject: Financial Results – Investor Presentation
Dear Sir/Madam,
Pursuant to Regulation 30(6) of the SEBI (LODR) Regulations, 2015 please find enclosed Financial Results Presentation of Q4 and FY25.
Kindly take the same on record.
Thanking you,
Yours Truly,
For Vaibhav Global Limited
(Yashasvi Pareek) Company Secretary & Compliance Officer M. No.: A39220
Encl: as above
E-69, EPIP, Sitapura Industrial Area, Jaipur-302022, Rajasthan, India • Phone: +91-141-2770648; +91-141-2771975
Regd. Office: E-69, EPIP, Sitapura Industrial Area, Jaipur-302022, Rajasthan, India • Phone: +91-141-2770648; +91-141-2771975 CIN: L36911RJ1989PLC004945 • Email: investor_relations@vaibhavglobal.com • Website: www.vaibhavglobal.com
Q 4 & F Y 2 5 I n v e s t o r P r e s e n t a t i o n
Disclaimer
This presentation contains “forward looking statements” including, but without limitation, statements relating to the
implementation of strategic initiatives, and other statements relating to Vaibhav Global Limited (VGL) and its group
companies’ future business developments and economic performance. While these forward-looking statements indicate
our assessment and future expectations concerning the development of our business, a number of risks, uncertainties and
other unknown factors could cause actual developments and results to differ materially from our expectations.
These factors include, but are not limited to, general market, macro‐economic, government and regulatory trends,
movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the
financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our
business and financial performance. Vaibhav Global Limited undertakes no obligation to periodically revise any forward-
looking statements to reflect future/likely events or circumstances.
We navigated a complex macro environment marked by tariff uncertainties and cautious consumer sentiment in key markets. Proactive inventory management in the US and signing of the India–UK FTA position us well to capture upcoming opportunities.
MD’s Message
Revenue grew 8% YoY in Q4 to ₹850 crores; FY25 revenue stood at ₹3,380 crores, up 11%. Gross margins remained robust at 62.1% for Q4 and 63.1% for the year. Our digital sales mix reached 41% with a 5-year CAGR of 16%, we remain confident to achieve 50% sales contribution from digital by FY27.
In the US, performance was stable with modest growth amid macro headwinds. UK remained challenging, but Ideal World’s continued strong momentum supported performance. Germany maintained EBITDA breakeven and grew 18.7% in local currency, moving toward EBITDA profitability in FY26. Mindful Souls delivered 7% PBT margin with 107K+ unique customers.
Our 4R strategy- Widening Reach, New Customer Registrations & Acquisitions, strengthening Customer Retention, and Repeat Purchases continues to deliver strong results. Our TV networks now reach 127 million households. As of 31st March 2025, our unique customer base stands at 710K- which is up 21% YoY and the highest ever for VGL Group. Excluding acquisitions, our customer base still grew by 7% year-over-year. Customer retention remains strong at 44%, with an average of 22 pieces purchased per customer annually.
Mr. Sunil Agrawal, Managing Director, Vaibhav Global Limited
We continue to deepen ESG focus: Served our 100 millionth meal through 'Your Purchase Feeds….', generated 20.0 million kWh of solar power, and utilising 100% renewable energy usage at 5 global sites. VGL received a 'Combined ESG Rating of 72 (Strong)’ from ICRA and India, US, UK, Germany and China are ‘Great Place to Work®’ certified.
As we aim to balance growth, reinvestments, and shareholder returns, the Board has recommended a final dividend of Rs 1.5/ share for the quarter, subject to shareholders’ approval. Including 3 interim dividends, total dividend payouts against earnings of FY25 would be 65%. Looking ahead, we expect FY26 revenue growth of 8- 12%, supported by operating leverage. For future periods, we project mid-teens revenue growth along with operating leverage.
Q4 FY25 Highlights
8% YoY ₹
Revenue Growth
62% YoY
Rs. 170 cr.
PAT Growth
Net Cash Positive
Annual sales: Rs. 3,380 crores 11% YoY
Strong cashflows: OCF: Rs. 162 crores FCF: Rs. 127 crores
Highest ever unique customer base of ~710 k, ↑21% YoY
Recommended final dividend of Rs. 1.50/- equity share (65% payout)
• GPTW®: India, US, UK, Germany
and China ICRA ESG ‘Strong:72’ Rating IGJA: Highest exporter award Served 100 millionth meal
• • •
06
11
Company Overview
Business Overview
27
31
Update on Acquisitions & Germany
Emerging Industry Trends
35
41
Operational & Financial Highlights
Financial Performance Trends
46
Annexures
s t n e t n o C f o e b a T
l
Company
Overview
About Us
Vertically-integrated Digital Retailer of fashion jewellery & lifestyle products
• End-to-end B2C business model • Presence through proprietary TV channels and
digital platforms
Strong Management and Governance
• Professional management team • Experienced Independent Board
Solid Infrastructure Backbone
• Continued investment in building digital
capabilities
• Scalable model with limited capex
requirement
*FTE: Full Time Equivalent
Strong Customer Visibility
• TV Homes accessed (FTE*): ~ 127 mn households • Growing digital presence
Exceptional one for one mid-day meals program – ‘Your Purchase Feeds…’
• Every piece sold results in one meal for
school-going child
• Served 100 million meals till date • To serve 1 million meals/school day by FY40
Robust Customer Engagement
• Omni-channel B2C retail presence • Cross selling potential
Guiding Pillars Defining VGL Group
Our Vision Be the Value Leader in Electronic Retailing of Jewellery & Lifestyle Products
Our Mission To deliver 1 million meals per school day to children in need by FY40 through our flagship mid-day meals program- ‘Your Purchase Feeds….’
CORE VALUES
Team-Work
Honesty
Passion
Positive Attitude
Commitment
Vaibhav Global Limited
Global Retailer on TV and Digital Platforms Jewelry, Lifestyle Products and Accessories
Fashion
of
USA
Germany
UK
UK
An Evolving Journey
Started Gemstones business
Started Jewellery manufacturing for B2B
Listing on stock exchange
1980
1996
1997
Started 'Lifestyle Products' category, name changed to Vaibhav Global Ltd.
Shifted strategy towards 'value conscious offering'
2013
2008
06-07
Started own TV channels in UK, US & Germany
2016
20-21
2021
2023
Augmented sales network through Apps, Marketplaces, OTT, OTA and Social Media
UK: Started ‘TJC Beauty’ channel for beauty products
Re-entered Germany
Acquisition of ‘Ideal World’ and ‘Mindful Souls’
Strong & Experienced Management
Mr. Sunil Agrawal Managing Director, VGL Group
Mr. Nitin Panwad Group CFO, VGL Group
Mr. Vineet Ganeriwala President, Shop LC (US)
Mr. Deepak Mishra Managing Director, Shop TJC (UK)
Mr. Raghuveer Patnala Managing Director, Shop LC (Germany)
Mr. Mohammed Farooq Group Chief Technology officer
Mr. Pushpendra Singh Vice President, Human Resources, VGL Group
Mr. Aswini Agarwal Head of Supply Chain, Asia
Mr. Ankur Sogani Vice President, Commercial, Shop LC (US)
Mr. Ashish Dawra Vice President, Global IT
Business
Overview
A Global Retailer on Proprietary TV Channels
Proprietary ‘TV Channels’
Primary Retail Markets
UNITED STATES
UNITED KINGDOM
GERMANY & AUSTRIA
60 million HH
27 million HH
40^ million HH
Reaching TV homes through Cable, Satellite and OTA broadcasts (Over The Air)
^ A government authority-led household recount has revised the no. of HH in Germany to 40 million
Presence across Major Television Networks
US
UK
Germany & Austria
Complimented by Digital Platforms
Digital Platforms
Our Presence
Proprietary Digital Platform
Mobile Applications
www.shoplc.com www.tjc.co.uk www.shoplc.de www.idealworld.tv www.mindfulsouls.com www.rachelgalley.com
Third Party Marketplaces
Social Retail
OTT Platforms
With Huge Growth Potential : TAM of USD 20 bn
UNITED STATES
Opportunity size
$14-$15 bn
UNITED KINGDOM
$2-$2.5 bn
GERMANY & AUSTRIA
~$3 bn
Target customers Baby Boomers (65+ years) & Gen X (45+ years)
Value-buying proposition of $30-$45
Widest product range comprising ~30,000 SKUs
Statista, Marketresearch.com and industry estimates TAM: Target Addressable Market
Vertically Integrated Supply Chain Leveraging Global Jewellery Manufacturing Hub: Jaipur
UK
USA
Germany
Jaipur
Global manufacturing hub of Fashion Jewellery & Gemstones Availability of skilled manpower
169,000 sq. ft. Fully-integrated Manufacturing Set-up in Jaipur Production Capacity: 5 million pcs p.a.
Making in India for ‘Western Markets’
Vertically Integrated Supply Chain Complemented by a Strong Global Sourcing Base
Sourcing Countries
Resulting in Industry Leading Highest Gross Margins
Sourcing Countries
▪ India ▪ China ▪ Thailand ▪ Indonesia ▪ Tanzania ▪ Russia ▪ Morocco ▪ Myanmar ▪ Madagascar ▪ Bolivia ▪ Kenya ▪ South Korea ▪ Vietnam ▪ Brazil ▪ Sri Lanka ▪ UK
▪ Mozambique ▪ Germany ▪ Italy ▪ Turkey ▪ Poland ▪ Singapore ▪ UAE ▪ Japan ▪ Bangladesh ▪ Philippines ▪ Czech
Republic
▪ Taiwan ▪ Australia ▪ US
Constantly Reimagining Growth Through New Designs & Products
Fashion Jewellery & Gemstones
Life-Style Products
Lab Grown Diamond Jewellery
Hanabi Cut Ring
Detangler Hair-Brush
(Retractable Bristle Technology)
Walking Cane
•
•
~14K-15K new jewellery designs launched annually
• A rich product basket of ~5000 unique SKUs
In-house testing lab and manufacturing
•
Facilitated by innovation & global sourcing base of 30
countries
‘Innovation’ Focused
62,000+ Ideas Generated
6,800+ Ideas Approved
2,700+ Products sold
61,000+ Ideas Proposed to Buyers
4,700+ Orders Placed
Global Search Program A Global product innovation and search program
Crowdsourcing of Ideas From employees, customers and external stakeholders
Other Programs
Revenue contribution of ‘new items introduced’ (TTM basis): ~70%
Received ‘Design Patent’ for ‘Hanabi Cut Ring’
Received ‘Design Patent’ for ‘Triangular Bead Spinner’
Numbers are cumulative since inception
Received ‘Design Patent’ for ‘Arthritis Ring’
Strengthening Own Brand Portfolio
•
Leveraging manufacturing & digital capabilities
• Number of brands: 16
•
•
•
•
•
In-house brand’s revenue mix: c.32% of gross B2C
sales
Target revenue mix: ~50% by FY27 of gross B2C
sales
Strategic brand matrix (price laddering and
offering)
Increase repeats and retention using Brand
Archetype Frameworks
Inorganic opportunities (like Rachel Galley, and
Mindful Souls)
Resulting In
Top decile shareholders’ returns since listing
Growing Consistently
Parameters (Rs. in crores)
CAGR (28 years)
Return (x times)
Revenue
EBITDA
Profit After Tax
18%
16%
14%
103
71
42
~21% CAGR in market cap. since listing (~227 times), excluding dividends
4 R’s of Customer Engagement
Reach (HH)
127mn
TV Linear | OTA
Digital Browsers | Mobile Apps | Market-places | OTT| Social Media
Registrations & Acquisitions ^
4.1 lakh (TTM)
Products
Deep value proposition
Engrossing Content
Retention
44%(TTM)
Enduring relationships
Convenience
Digitalization/AI
Repeat Purchases
22*(TTM)
Expanding wallet share
Cross-selling
Note: TTM: Trailing Twelve Months | *pieces per customer | HH: Households
^ Refer to customers who have never purchased previously
Broad Basing Customer Base
• Unique customer base at an all-time high- 710 K
•
•
YoY growth of 21% (incl. acquisition)
YoY growth of 7% (ex-acquisition)
• Healthy ‘spend per customer’ of $859 (excl.
acquisition)
Unique Customer Base (in 000')
84
454
452
164
472
126
459
204
215
220
478
483
490
Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25
Existing Business
Acquired Businesses
With long term value creation
Cash accretive business model
With strong dividend payouts
272
268
237
230
190
176
105
90
127
153
127
Since FY20
Rs. in crores
FY 20
FY 21
FY22
FY23
FY24
FY25
Impact of one-time planned higher capex
(214)
Net Profit (Rs. in cr.)
Free Cash Flow (Rs. in cr.)
Profits After Tax
Dividends Paid
Payout Ratio
1,084
586
54%
Broad Based E-tailer
B2C Revenues by Format
27%
73%
FY18
39%
61%
FY24
41%
59%
FY25
TV revenues
Digital revenues
B2C Revenues by Product
12%
88%
FY18
30%
70%
FY24
33%
67%
FY25
Jewellery
Lifestyle
Jewellery : Fashion Jewellery, Gemstones and Accessories
Lifestyle : Home Décor, Beauty & Hair Care, Apparels & Accessories
B2C Revenues by Geography
Budget Pay (% to B2C Revenues)
26%
74%
9%
28%
63%
12%
29%
59%
FY18
FY24
FY25
US
UK
Europe
36%
64%
FY18
39%
61%
FY24
39%
61%
FY25
Non-Budget Pay revenues
Budget Pay revenues
Revenue breakup based on figures in USD million
Budget Pay revenues refer to products sold on EMI basis
An update on
GERMANY, IDEAL WORLD & MINDFUL SOULS
Germany
Increased TAM (immediate target addressable market) by ~20%
Q4 revenue Euro 6.3 mn
Digital sales mix 30%
Revenue growth by 19% YoY
Repeat purchase 24 pieces
Maintained EBITDA level breakeven in H2
Lifestyle Products’ sales mix
c.19%
Revenue (in Euro mn)
25.7
21.4
14.4
No. of HH (in mn)
40
42
40
27
4.0
FY22
FY23
FY24
FY25
FY22
FY23
FY24
FY25
^ A government authority-led household recount has revised the no. of HH in Germany to 40 million
Ideal World
FY25 revenue
£ 21 mn
Presence in
27 mn households
(100% penetration)
Gross margin
60%+
Transponding on
HD networks
Unique customer
138 K
Maintained EBITDA profitability in H2
Revenue and New Customers
9.0
7.0
5.0
3.0
1.0
69
3.5
97
4.4
147
6.3
120
4.9
169
5.1
200
150
100
50
(1.0)
Q4 FY24
Q1 FY25
Q2 FY25
Q3 FY25
Q4 FY25
-
Net Revenue (£ in mn)
New Customers (cumulative) (in '000)
Mindful Souls
FY25 performance
AOV
$ 45
PBT margin
7%
Revenue
$ 17 mn
Unique customer
107 k
Leveraging VGL’s supply chain ➢ Launched 11 new products during FY25 ➢ Introduced ‘Single Item’ boxes, contributing 20% to overall sales ➢ Best selling products also shifted under India’s supply chain ➢ Benefits of in-house supply chain to accrue from near term onwards
Emerging
INDUSTRY TRENDS
Capitalizing Cord Shifting through OTA
Our target demographics prefer watching traditional Pay-TV
Expanding presence through OTA
% of population having TV (age group wise)
86%
81%
80%
66%
73%
65%
46%
34%
18-29
30-49
50-64
65+
2015
2021
Source: PEW Research and Industry Estimates
HH: Households
Total OTA HH in US
23 mn
Shop LC’s Presence
Low Power
Full Power
c.18 mn HH
c.5 mn HH
Revenue Mix
c.31%
of TV revenue
Widening Digital Presence OTT: Huge Growth opportunity
In US, OTT’s are projected to be the fastest growing video distribution medium
US internet connected device installed base, 2016 to 2026
Live & Interactive Apps
Shop LC (US) OTT revenue trend (USD mn)
$12.1
$10.5
$7.5
$6.0
$2.2
FY21
FY22
FY23
FY24
FY25
By 2026, there would be 1.1 bn connected devices in US, implying 3 devices per person- ‘A HUGE OPPORTUNITY FOR OTT’
Being Resilient
46.0%
Revenue and EBITDA % trends
• Consistent market share gains across geographies
36.0%
• Disciplined pricing and curated product mix kept
26.0%
10.0% 9.5%
11.1%
23%
8.0%
11.5%
8.7% 8.7%
8.1%
8.3%
gross margins at 62%+
16.0%
14% 15%
13%
• Germany and Ideal World maintained EBITDA
6.0%
9%
5%
1%
10%
8%
profitability
• Consistently generating healthier cashflows
-4.0%
Q4 FY23
Q1 FY24
Q2 FY24
Q3 FY24
Q4 FY24
Q1 FY25
Q2 FY25
Q3 FY25
Q4 FY25
YoY Revenue Growth
EBITDA %
18.0%
16.0%
14.0%
12.0%
10.0%
8.0%
6.0%
4.0%
2.0%
0.0%
Q4 FY25 OPERATIONAL &
FINANCIAL HIGHLIGHTS
Financial Highlights – Q4 & FY25 Revenue breakup
Revenue (Rs. Cr)
Total Revenue
3,041
11.1%
3,380
789
7.7%
850
Q4 FY24
Q4 FY25
FY24
FY25
Revenue split (Rs. Cr)
TV Revenue
1,769
7.4%
1,900
Digital Revenue
14.7%
1,314
1,145
0.5%
453
456
14.9%
350
305
B2B Revenue
30.9% 166
127
40.3%
44
31
Q4 FY24
Q4 FY25
FY24
FY25
Q4 FY24
Q4 FY25
FY24
FY25
Q4 FY24 Q4 FY25
FY24
FY25
Note: B2B has been non-core and opportunistic business segment
Financial Highlights – Q4 & FY25 Revenue breakup
Revenue – (Local Currency)
Shop LC (US)
5 years CAGR 3%
(USD million)
221.3
1.8%
225.2
Shop TJC (UK)
5 years CAGR 7%
(GBP million)
78.4
9.7%
86.0
1.0%
56.4
55.9
2.0%
20.4
20.0
Q4 FY24
Q4 FY25
FY24
FY25
Q4 FY24
Q4 FY25
FY24
FY25
37
Retail Performance Trends – Q4 & FY25
Sales Volume ('000s)
8.3%
5,911
5,459
2.6%
1,386
1,422
TV Sales
Average Selling Price US$
39.4
37.0
39.1
38.0
Q4 FY24
Q4 FY25
FY24
FY25
Q4 FY24
Q4 FY25
FY24
FY25
Digital Sales
Sales Volume ('000s)
4,596
6.3%
4,885
Average Selling Price US$
29.9
32.3
30.1
31.8
1,229
2.3%
1,257
Q4 FY24
Q4 FY25
FY24
FY25
Q4 FY24
Q4 FY25
FY24
FY25
Financials – Q4 & FY25 Performance
Gross Profit (Rs. Cr) and Margin (%)
EBITDA (Rs. Cr) and Margin( %)
Gross margin (%)
62.7%
62.1%
62.0%
63.1%
EBITDA margin (%)
8.1%
8.3%
9.7%
13.1%
2,133
1,885
6.7%
528
495
295
10.8%
64
71
9.4%
7.5%
317
Q4 FY24
Q4 FY25
FY24
FY25
Q4 FY24
Q4 FY25
FY24
FY25
PAT (Rs. Cr) and PAT Margin (%)
EPS (Rs.)
PAT margin (%)
2.6%
4.0%
4.1%
4.5%
20.8% 153
127
9.3
7.7
61.9%
34
21
1.3
2.1
Q4 FY24
Q4 FY25
FY24
FY25
Q4 FY24
Q4 FY25
FY24
FY25
EBITDA Margin Walk
Particulars
% to revenue
Remarks
EBITDA Q4 FY24
8.1%
Gross margin
0.6% Product mix to match the consumer demand
Digital marketing
2.8% Investments in scaling digital business
Shipping cost
1.1% Operational efficiencies and contracts renegotiation
Employee cost
2.5% Rationalising the headcount
EBITDA Q4 FY25
8.3%
FINANCIAL
PERFORMANCE Trends
Financial Performance Trends
Revenue Breakdown – (Rs. crore)
5 years CAGR: 11%
2,540
2,752
2,691
1,986
3,041
3,380
FY20
FY21
FY22
FY23
FY24
FY25
Fashion Jewelry, Accessories & Lifestyle Products (Rs. Crore)
5 years CAGR: 8%
5 years CAGR: 16%
5 years CAGR: 19%
TV Revenue
1,606
1,699
1,633
1,769
1,900
1,285
Digital Revenue
B2B Revenue
909
986
977
633
1314
1145
166
127
69
67
81
25
FY20
FY21
FY22
FY23
FY24
FY25
FY20
FY21
FY22
FY23
FY24
FY25
FY20
FY21
FY22
FY23
FY24
FY25
Retail Performance Trends
Sales Volume ('000s)
Average Selling Price US$
TV Sales
7,837
6,998
6,070
5,331
5,459
5,911
29.9
27.7
32.6
38.0
39.1
38.0
FY20
FY21
FY22
FY23
FY24
FY25
FY20
FY21
FY22
FY23
FY24
FY25
Digital Sales
Sales Volume ('000s)
Average Selling Price US$
5,409
5,477
4,113
4,428
4,596
4,885
21.7
22.7
24.2
27.4
30.1
31.8
FY20
FY21
FY22
FY23
FY24
FY25
FY20
FY21
FY22
FY23
FY24
FY25
Financials – Financial Performance
Shareholders’ Equity (Rs. Cr)
Fixed assets including intangibles (Rs. Cr)
1,127
964
751
1,203
1,258
1,350
494
511
622
576
163
192
FY20
FY21
FY22
FY23
FY24
FY25
FY20
FY21
FY22
FY23
FY24
FY25
Net Debt* (Rs. Cr)
Net Assets^ (Rs. Cr)
FY20
FY21
FY22
FY23
FY24
FY25
(103)
(178)
(167)
(170)
394
395
540
525
469
604
(194)
(387)
* includes funds lying with payment gateways, which are typically cleared within 3 business days
^ Net Assets is balancing figure arrived at by excluding shareholders equity, net debt, and fixed assets including intangibles
FY20
FY21
FY22
FY23
FY24
FY25
Financial Performance – Trends & Ratios
Operating Cash flow (Rs. Cr)
Free Cash Flow (Rs. Cr)
324
211
274
162
126
86
268
176
230
127
90
(214)
FY20
FY21
FY22
FY23
FY24
FY25
FY20
FY21
FY22
FY23
FY24
FY25
ROE (TTM)
ROCE (TTM)
32%
26%
23%
61%
46%
9%
10%
12%
31%
14%
19%
19%
FY20
FY21
FY22
FY23
FY24
FY25
FY20
FY21
FY22
FY23
FY24
FY25
45
ANNEXURES
Digital Commerce Markets
Industry Trends
US
UK
14.0% 14.6% 14.5%
15.4% 16.1%
11.0%
19.1%
30.9%
27.8%
26.5% 26.6% 27.1% 26.3% 26.3%
US Consumer sentiments turning positive
UK Recovery remains gradual as spending stays cautious
2019
2020
2021
2022
2023
2024
2019 2020 2021 2022 2023 2024
Q4 FY24
Q4 FY25
Online sales mix trend (as a % to total retail sales)
Source: United States Census Bureau www.census.gov. And Office for National Statistics www.ons.gov.uk
Sustainability Initiatives
ENERGY Solar 3.68 mw Solar power capacity Generated 20.0 Mn kWh units since inception
EV 184 two-wheelers & 4 four-wheelers for employees’ commute. Replaced 12 buses till date
BMS Installed Building Management System to enhance productivity at manufacturing locations
WATER 1,100 KL
3 Rainwater Storage Tanks
6,100 KL
Annual Rainwater Harvesting Capacity
BIODIVERSITY c.28,000
Saplings planted for developing 2 Miyawaki Forests
c.7,500
Additional saplings planted till date in office premises, RIICO Garden and Government Schools
WASTE 100%
Conversion of bio-degradable waste into manure
c.3,600 Kg
E-waste recycled till date
c.1,900 Kg
Plastic waste recycled till date
To Become Carbon Neutral in Scope 1 and 2 GHG emissions by 2031
Growth With Responsibility
▪ Till date Served 100 million meals to underprivileged
children through flagship One for One Program, ‘Your
Purchase Feeds…’
▪ Local charity partners
✓ Akshaya Patra in India
✓ No Kid Hungry and Backpack Friends in US
✓ Magic Breakfast & Felix Project in UK
▪ Serving ~57k meals every school day
▪ To serve 1 million meals per day by FY40
Robust Corporate Governance
FY25
~Rs. 100 crores
Annual dividend (65% Payout) (including interim and final dividend proposed in Q4 FY25)
Dividend Payout Policy
▪ 20-30% of consolidated free cash flows ▪ Balance between resource conservation and
shareholder reward
Statutory Auditors
Credit Rating Long-term
Credit Rating Short-term
Combined ESG Rating
B S R & Co. LLP
Internal Auditors PWC
ICRA A
(Positive Outlook)
CARE A+*
(Stable)
(*upgraded from erstwhile rating of ‘CARE A’)
ICRA A1
72 (Strong)
CARE A1
ICRA
Awards & Accolades
BEST TECHNOLOGY IMPLEMENTATION OF THE YEAR from UBS Forums
LEED’S PLATINUM & GOLD CERTIFICATION
IGJA: HIGHEST EXPORTER OF CUT & POLISHED COLOURED GEMSTONES (FY24)
ICSI NATIONAL AWARD for Excellence in Corporate Governance
India, US, UK, Germany & China ‘GPTW®’ Certified
‘NET ZERO ENERGY BUILDING’ CERTIFIED
EXCELLENCE IN SUSTAINABILITY by Indo-American Chamber of Commerce (IACC)
Shareholding Pattern as on 31st March 2025
Key Shareholders
Holding (in %)
Shareholding Pattern
Nalanda India Fund Limited
Malabar India Fund Limited
Vijay Kedia
Vanguard
Envision
Government Pension Fund Global
Tunga
Ishares (Blackrock)
7.6%
6.8%
2.0%
1.3%
1.1%
0.3%
0.3%
0.2%
21.23%
2.03%
0.85%
18.59%
Promoter & Promoter Group
Foreign Institutions (FPI, FII) & NRI
Domestic Instititions (MF and AIF)
57.30%
Individuals ->1%
Others
VAIBHAV GLOBAL LIMITED
Company Vaibhav Global Limited Nitin Panwad, Group CFO Nitin.panwad@vglgroup.com
Prashant Saraswat Head-Investor Relations Prashant.saraswat@vglgroup.com www.vaibhavglobal.com
Investor Relations Advisors Adfactors PR Pvt. Ltd. Amit Sharma Amit.Sharma@adfactorspr.com
Nishita and Shrusti shrusti.jain@adfactorspr.com, nishita.bhatt@adfactorspr.com www.adfactorspr.com