Vaibhav Global Limited has informed the Exchange about Investor Presentation
VAIBHAV GLOBAL LIMITED
Ref: VGL/CS/2025/82
National Stock Exchange of India Limited (NSE) Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra, Mumbai – 400 051 Symbol: VAIBHAVGBL
Sub: Financial Results – Investor Presentation
Dear Sir / Madam
Date: 5th August, 2025
BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 532156
Pursuant to Regulation 30(6) of the SEBI (LODR) Regulations, 2015 please find enclosed Financial Results Presentation of Q1 FY 2026.
Kindly take the same on record.
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 1 F Y 2 6 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.
MD’s Message
Mr. Sunil Agrawal, Managing Director, Vaibhav Global Limited
The June quarter unfolded in a mixed global environment, with consumer sentiment varying across markets but showing signs of recovery towards the quarter-end. We reported Q1 revenue of ₹814 crores, growing 8% YoY. Gross margin remained strong at 63.8%. Our vertically integrated global supply chain enables us to maintain industry-leading margins while staying agile and cost-competitive. US revenue grew 1.3% YoY. Consumer sentiment dipped in April and only partly recovered by June. With higher savings, discretionary spending stayed muted. The recent 25% import duty on Indian goods has created uncertainty, but our integrated model with in-house manufacturing and direct US retailing gives us an edge. We had pre-shipped inventory ahead of the tariff rollout, ensuring smooth operations. We are hopeful for future tariff rationalization. In the UK, revenue grew 2.3% YoY, supported by Ideal World, which remained EBITDA positive. Germany posted 7.2% YoY revenue growth, though consumer sentiment remained weak. Tax and interest rate cuts supported demand, but not enough to offset broader discretionary pressure. Germany incurred losses this quarter due to operating deleverage but achieved EBITDA breakeven in July and is on track for FY26 profitability. We continue to focus on 4R’s: Expanding Reach, New Customer Registration & Acquisition, Customer Retention, and driving Repeat purchases. Our TV network now reaches 127 million households. Unique customers grew 12% YoY to 713K- highest ever and with 400K new customers in Q1 and a 42% retention rate. TTM purchase frequency stood at 22 units per customer. Sustainability remains at our core. We received a ‘Strong’ ESG rating (Score: 72) from ICRA. VGL is now certified as a Great Place to Work® across all operating geographies. Our flagship initiative, “Your Purchase Feeds...,” crossed the 103 million meal mark, currently serving 57,000 meals daily. We generated 1.4 million kWh of solar power in Q1. Our rainwater harvesting capacity now totals 10,000 KL. The Board has declared an interim dividend of ₹1.5 per equity share, reflecting a 66% payout ratio. Looking ahead, we remain focused on leveraging innovation, AI, optimize costs and enhance margins. The current macroeconomic environment & recent tariff developments present near-term challenges. Hence, we are taking a cautious approach and expect to achieve revenue growth in the range of 7 to 9% for FY26. That said, we remain optimistic that the issues like tariff situation & weaker macros will resolve over time, which could unlock the potential for growth beyond our guidance. We reaffirm mid-teen revenue growth projected for later periods, supported by operating leverage and our agile, integrated business model.
Q1 FY26 Highlights
8% YoY ₹
Revenue Growth
37% YoY
Rs. 174 cr.
PAT Growth
Net Cash Positive
Quarterly sales: Rs. 814 crores 8% YoY
Strong Cashflows: OCF: Rs. 22 crores FCF: Rs. 15 crores
Highest ever unique customer base of ~713 k, ↑12% YoY
Recommended first dividend of Rs. 1.50/- equity share (66% payout)
• GPTW®: India, US, UK, Germany
and China ICRA ESG ‘Strong:72’ Rating RJC Certified Served 103 millionth meal
• • •
Table of Contents
06 Company Overview
27 Update on Acquisitions & Germany
11 Business Overview
31 Emerging Industry Trends
35 Operational & Financial Highlights
41 Financial Performance Trends
46 Annexures
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 103 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. 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
63 million HH
27 million HH
37^ 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 37 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
• •
~14K-15K new jewellery designs launched annually In-house testing lab and manufacturing
• A rich product basket of ~5000 unique SKUs •
Facilitated by innovation & global sourcing base of 30 countries
‘Innovation’ Focused
67,000+ Ideas Generated
6,900+ Ideas Approved
2,760+ Products sold
61,590+ Ideas Proposed to Buyers
4,800+ 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: ~36% 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 Websites | Mobile Apps | Market-places | OTT| Social Media
Registrations & Acquisitions ^
4.0 lakh (TTM)
Products
Deep value proposition
Engrossing Content
Retention
42%(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- 713 K
•
YoY growth of 12%
• Healthy ‘spend per customer’ of $888 (excl.
acquisition)
Unique Customer Base (in 000')
126
84
452
454
459
204
215
220
230
164
472
478
483
490
483
Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26
Existing Business
Acquired Businesses
With long term value creation
Cash accretive business model
With strong dividend payouts
272
268
237
230
190
176
127
105
90
153
127
Since FY20
Rs. in crores
38
15
Profits After Tax
FY 20
FY 21
FY22
FY23
FY24
FY25
Q1 FY26
Impact of one- time planned higher capex
(214)
Net Profit (Rs. in cr.)
Free Cash Flow (Rs. in cr.)
Dividends Paid
Payout Ratio
1,122
611
54%
Broad Based E-tailer
B2C Revenues by Format
33%
67%
FY20
41%
59%
FY25
43%
57%
Q1 FY26
TV revenues
Digital revenues
B2C Revenues by Geography
31%
69%
12%
29%
59%
12%
29%
59%
FY20
FY25
Q1 FY26
US
UK
Europe
B2C Revenues by Product
22%
78%
FY20
33%
67%
FY25
36%
64%
Q1 FY26
Fashion Jewellery
Lifestyle Products
Jewellery : Fashion Jewellery, Gemstones and Accessories
Lifestyle : Home Décor, Beauty & Hair Care, Apparels & Accessories
Budget Pay (% to B2C Revenues)
39%
61%
FY20
39%
61%
39%
61%
FY25
Q1 FY26
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%
Q1 FY26 revenue Euro 5.7 mn
Digital sales mix 30%
Revenue growth 7.2% YoY
Repeat purchase 25 pieces
Profitability To be EBITDA positive in FY26
Lifestyle Products’ sales mix
~26%
Revenue (in Euro mn)
25.7
21.4
No. of HH (in mn) (95% penetration)
40
42
37
37
14.4
27
4.0
5.4
5.7
FY22
FY23
FY24
FY25
Q1 FY25
Q1 FY26
FY22
FY23
FY24
FY25
Q1 FY26
^ A government authority-led household recount has revised the no. of HH in Germany to 37 million
Ideal World
Q1 FY26 revenue
£ 5.3 mn
Presence in
27 mn households
(100% penetration)
Gross margin
60%+
Transponding on
HD networks
Unique customer
140 K*
Maintained EBITDA profitability in Q1
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
191
169
5.1
5.3
250
200
150
100
50
(1.0)
Q4 FY24
Q1 FY25
Q2 FY25
Q3 FY25
Q4 FY25
Q1 FY26
-
Net Revenue (£ in mn)
New Customers (cumulative) (in '000)
* Including 15k common customers of TJC
Mindful Souls
Q1 FY26 Performance
AOV
$ 46
PBT margin
7%
Revenue
$ 3.6 mn
Unique customer
105 k
Quarterly Updates
➢ Short-term impact owing to product mix change ➢ Launched 7 new products during Q1 FY26
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
Total OTA HH in US
~23mn HH
Shop LC’s Presence
Low Power
Full Power
~15*mn HH
~12*mn HH
Revenue Mix
~31%
of TV revenue
Source: PEW Research and Industry Estimates
HH: Households
* Total unique OTA HH’s coverage – 17.3mn HH
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
$4.8
FY21
FY22
FY23
FY24
FY25
Q1 FY26
By 2026, there would be 1.1 bn connected devices in US, implying 3 devices per person- ‘A HUGE OPPORTUNITY FOR OTT’
Being Resilient
• Continue to deliver market share gains across
geographies
• Disciplined pricing enabled sustain gross margins
46.0%
36.0%
26.0%
16.0%
Revenue and EBITDA % trends
10.0% 9.5%
11.1%
23%
8.7% 8.7%
8.1%
14% 15%
13%
11.5%
9.2%
8.3%
10%
8%
8%
at 63%+ in volatile macro environment
Ideal World maintained EBITDA profitability
9%
6.0%
5%
•
•
Strong and improving cash flows continue to
-4.0%
Q1 FY24
Q2 FY24
Q3 FY24
Q4 FY24
Q1 FY25
Q2 FY25
Q3 FY25
Q4 FY25
Q1 FY26
support reinvestment and stakeholder returns
YoY Revenue Growth
EBITDA %
18.0%
16.0%
14.0%
12.0%
10.0%
8.0%
6.0%
4.0%
2.0%
0.0%
Q1 FY26 OPERATIONAL &
FINANCIAL HIGHLIGHTS
Financial Highlights – Q1 FY26 Revenue breakup
Revenue (Rs. Cr)
Total Revenue
756
Q1 FY25
8.0% 814
Q1 FY26
Revenue split (Rs. Cr)
TV Revenue
Digital Revenue
440
1.0% 444
289
13.8%
329
B2B Revenue
54.3% 41
27
80
60
40
20
-
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
Note: B2B has been non-core and opportunistic business segment
Financial Highlights – Q1 FY26 Revenue breakup
Revenue – (Local Currency)
Shop LC (US)
5 years CAGR 1.1%
(USD million)
53.2
1.3% 53.9
Shop TJC (UK)
5 years CAGR 2.8%
(GBP million)
19.2
2.3%
19.6
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
37
Retail Performance Trends – Q1 FY26
Sales Volume ('000s)
1,351
0.6%
1,343
TV Sales
Average Selling Price US$
39.1
38.8
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
Sales Volume ('000s)
Average Selling Price US$
Digital Sales
1,124
1.4% 1,139
30.8
33.8
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
Financials – Q1 FY26 Performance
Gross Profit (Rs. Cr) and Margin (%)
EBITDA (Rs. Cr) and Margin( %)
Gross margin (%)
66.1%
500
63.8%
3.9%
519
EBITDA margin (%)
8.7%
65
9.2%
13.4%
75
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
PAT (Rs. Cr) and PAT Margin (%)
EPS (Rs.)
PAT margin (%)
3.6%
27
4.6%
37.1% 38
1.7
2.3
Q1 FY25
Q1 FY26
Q1 FY25
Q1 FY26
EBITDA Margin Walk
Particulars
EBITDA Q1 FY25
Remarks
% to revenue
8.7%
Gross margin
1.6%*
Strong GM at 63.8%- above traditional levels, below last year’s peak of 65.3%
Shipping cost
0.6% Operational efficiencies
Employee cost
0.8% Headcount rationalisation
Airtime cost
0.8% Operating leverage
Other G&A
EBITDA Q1 FY26
0.1%
9.2%
* Q1 FY25’s Gross margin was exceptionally higher due to higher B2B shipping cost which was charged below GP level due to financial reporting standards. The adjusted GM of Q1 FY25 would be 65.3%
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
756
814
FY20
FY21
FY22
FY23
FY24
FY25
Q1 FY25
Q1 FY26
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
1314
1145
909
986
977
B2B Revenue
166
127
440
444
633
289
329
69
81
67
25
41
27
FY20
FY21
FY22
FY23
FY24
FY25
Q1 FY25
Q1 FY26
FY20 FY21 FY22 FY23 FY24 FY25 Q1 FY25
Q1 FY26
FY20 FY21 FY22 FY23 FY24 FY25 Q1 FY25
Q1 FY26
Retail Performance Trends
Sales Volume ('000s)
7,837
6,998
6,070
5,331
5,459
5,911
TV Sales
Average Selling Price US$
38.0
39.1
38.0
39.1
38.8
29.9
27.7
32.6
FY20
FY21
FY22
FY23
FY24
FY25
Q1 FY25 Q1 FY26
FY20
FY21
FY22
FY23
FY24
FY25
Q1 FY25 Q1 FY26
1,351
1,343
Digital Sales
Sales Volume ('000s)
5,409
5,477
4,113
4,428
4,596
4,885
Average Selling Price US$
21.7
22.7
27.4
24.2
30.1
31.8
30.8
33.8
1,124
1,139
FY20
FY21
FY22
FY23
FY24
FY25
Q1 FY25 Q1 FY26
FY20
FY21
FY22
FY23
FY24
FY25
Q1 FY25 Q1 FY26
Financials – Financial Performance
Shareholders’ Equity (Rs. Cr)
Fixed assets including intangibles (Rs. Cr)
1,127
964
751
1,203
1,258
1,350
1,410
494
511
622
576
567
163
192
FY20
FY21
FY22
FY23
FY24
FY25
Q1 FY26
FY20
FY21
FY22
FY23
FY24
FY25
Q1 FY26
Net Debt* (Rs. Cr)
Net Assets^ (Rs. Cr)
FY20
FY21
FY22
FY23
FY24
FY25
Q1 FY26
(103)
(178)
(167)
(170)
(174)
394
395
540
525
469
604
669
(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
Q1 FY26
Financial Performance – Trends & Ratios
Operating Cash flow (Rs. Cr)
Free Cash Flow (Rs. Cr)
324
211
274
162
126
86
22
268
176
230
127
90
(214)
15
FY20
FY21
FY22
FY23
FY24
FY25 Q1 FY26
FY20
FY21
FY22
FY23
FY24
FY25 Q1 FY26
ROE (TTM)
ROCE (TTM)
32%
26%
23%
61%
46%
31%
9%
10%
12%
12%
19%
19%
19%
14%
FY20
FY21
FY22
FY23
FY24
FY25 Q1 FY26
FY20
FY21
FY22
FY23
FY24
FY25 Q1 FY26
45
ANNEXURES
Digital Commerce Markets
US Customer retention remained stable, despite macro uncertainty.
Market remained cautious on discretionary spend.
Market share improved owing to proactive inventory shipping ahead of tariff-related disruptions.
11.0%
Industry Trends
US
14.0% 14.6% 14.5%
15.4% 16.1%16.20%
19.1%
UK
30.9%
27.8%
26.5% 26.6% 27.1% 26.4%
26.3%
UK Softening of consumer sentiment impacting the discretionary demand.
2019 2020 2021 2022 2023 2024 Q1'24
2019 2020 2021 2022 2023 2024
Q1 FY25
Q1 FY26
Ideal World continues to scale and remains EBITDA positive.
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 21.4 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
10,000 KL
Annual Rainwater Harvesting Capacity
BIODIVERSITY
28,000
Saplings planted for developing 2 Miyawaki Forests
8,000
Additional saplings planted till date in office premises, RIICO Garden and Government Schools
WASTE 100%
Conversion of bio-degradable waste into manure
3,600 Kg
E-waste recycled till date
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 103 million meals to underprivileged
children through flagship mid-day meals programme-
‘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
Q1 FY26
~Rs. 25 crores
First interim dividend (66% Payout)
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+
(Stable Outlook) (upgraded from ICRA A)
CARE A+*
(Stable)
(*upgraded from erstwhile rating of ‘CARE A’)
ICRA A1+
(upgraded from ICRA A1)
CARE A1
72 (Strong)
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 30th June 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%
6.5%
2.0%
1.3%
1.2%
0.3%
0.3%
0.2%
21.35%
2.03%
0.91%
18.52%
Promoter & Promoter Group
Foreign Institutions (FPI, FII) & NRI
Domestic Instititions (MF and AIF)
57.19%
Individuals ->1%
Others
Outlook
➢ Short term disruptions give way to long term growth
• Continued product expansion across Fashion Jewellery and Lifestyle products • New airtime agreements to boost reach (eg. DISHTV & Comcast in the US)
➢ Focused on deepening market penetration and customer engagement • Expanding digital businesses to expand reach & convenience •
Leveraging emerging technologies, including AI, improving customer engagement
➢ Scaling Ideal World and Germany
➢ Well-positioned to capture emerging opportunities with agility and innovation
➢ Value creation for its shareholders, employees, consumers and society in general
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