Vaibhav Global Limited

rs,

r Presentation Dear Sir / Madam, Date: 30th October, 2025 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 532156 Pursuant to regulation 30(6) of the SEBI (LODR

10.2%

forward- looking statements to reflect future/likely events or circumstances. Q2 FY26 Highlights 10.2% YoY ₹ Revenue Growth 71% YoY Rs. 156 cr. PAT Growth Net Cash Positive Quarterly sales: Rs. 87

71%

to reflect future/likely events or circumstances. Q2 FY26 Highlights 10.2% YoY ₹ Revenue Growth 71% YoY Rs. 156 cr. PAT Growth Net Cash Positive Quarterly sales: Rs. 877 crores 10.2% YoY Strong

Rs. 156

t future/likely events or circumstances. Q2 FY26 Highlights 10.2% YoY ₹ Revenue Growth 71% YoY Rs. 156 cr. PAT Growth Net Cash Positive Quarterly sales: Rs. 877 crores 10.2% YoY Strong Cashflows: OCF

Rs. 877 crore

10.2% YoY ₹ Revenue Growth 71% YoY Rs. 156 cr. PAT Growth Net Cash Positive Quarterly sales: Rs. 877 crores 10.2% YoY Strong Cashflows: OCF: Rs. 66 crores FCF: Rs. 55 crores Highest ever unique customer

Rs. 66 crore

. PAT Growth Net Cash Positive Quarterly sales: Rs. 877 crores 10.2% YoY Strong Cashflows: OCF: Rs. 66 crores FCF: Rs. 55 crores Highest ever unique customer base of ~714 k, ↑5% YoY Declared 2nd interim

Rs. 55 crore

Cash Positive Quarterly sales: Rs. 877 crores 10.2% YoY Strong Cashflows: OCF: Rs. 66 crores FCF: Rs. 55 crores Highest ever unique customer base of ~714 k, ↑5% YoY Declared 2nd interim dividend of Rs. 1.5

5%

g Cashflows: OCF: Rs. 66 crores FCF: Rs. 55 crores Highest ever unique customer base of ~714 k, ↑5% YoY Declared 2nd interim dividend of Rs. 1.50/- share (53% payout) • GPTW®: Globally Certified •

Rs. 1.50

5 crores Highest ever unique customer base of ~714 k, ↑5% YoY Declared 2nd interim dividend of Rs. 1.50/- share (53% payout) • GPTW®: Globally Certified • • • ICRA ESG ‘Strong:73’ Rating RJC Certified

53%

ever unique customer base of ~714 k, ↑5% YoY Declared 2nd interim dividend of Rs. 1.50/- share (53% payout) • GPTW®: Globally Certified • • • ICRA ESG ‘Strong:73’ Rating RJC Certified Served 106+ m

1 million

sold results in one meal for school-going child • Served 106+ million meals till date • To serve 1 million meals/school day by FY40 Robust Customer Engagement • Omni-channel B2C retail presence • Cross se

65%

arget demographics prefer watching traditional Pay-TV % of population having TV (age group wise) 65% 73% 46% 34% 80% 66% 86% 81% Expanding presence through OTA Total OTA HH in US ~23mn HH

“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 With Strong Cash Generation Robust Payouts 272 268 237 190 176 230 105 90 127 153 127 85 55 FY 20 FY 21 FY22 FY23 FY24 FY25 H1 FY26 (214) Net Profit (Rs.”

“Cr) Total Revenue 796  10.2% 877 Q2 FY25 Q2 FY26 Revenue split (Rs.”

“Cr) TV Revenue Digital Revenue 456  6.7% 487 294  14.3% 336 B2B Revenue  17.3% 54 46 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Note: B2B has been non-core and opportunistic business segment Financials – Q2 FY26 Performance Sales Volume ('000s) Average Selling Price US$ Sales Volume ('000s) Average Selling Price US$ TV Sales Digital Sales 1,400 1,518 38.9 36.6 1,117 1,104 31.5 34.7 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Gross Profit (Rs.”

“crore) 5 years CAGR: 11% 2,540 2,752 2,691 1,986 3,041 3,380 1,552 1,691 FY20 FY21 FY22 FY23 FY24 FY25 H1 FY25 H1 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 897 929 633 909 986 977 1314 1145 B2B Revenue 166 127 583 667 69 81 67 95 72 25 FY20 FY21 FY22 FY23 FY24 FY25 H1 FY25 H1 FY26 FY20 FY21 FY22 FY23 FY24 FY25 H1 FY25 H1 FY26 FY20 FY21 FY22 FY23 FY24 FY25 H1 FY25 H1 FY26 Strong Cash Generation and Returns Profile Free Cash Flow (Rs.”

“50 crores Dividend Payout: 59% (H1 FY26) Dividend Payout Policy ICSI NATIONAL AWARD for Excellence in Corporate Governance LEED’S PLATINUM & GOLD CERTIFICATION ▪ 20-30% of consolidated free cash flows ▪ Balance between resource conservation and shareholder reward IGJA: HIGHEST EXPORTER OF CUT & POLISHED COLOURED GEMSTONES (FY24) EXCELLENCE IN SUSTAINABILITY by Indo-American Chamber of Commerce (IACC) Statutory Auditors B S R & Co.”

Quarterly sales

1

Strong Cashflows

1

Strong Cashflows

OCF: Rs. 66 crores FCF: Rs. 55 crores Highest ever unique customer base of ~714 k, ↑5% YoY Declared 2nd interim dividend of Rs. 1.50/- share (53% payout) • GPTW®: Globally Certified • • • ICRA ESG ‘Strong:73’ Rating RJC Certified Served 106+ million meals Table of Contents 05 09 Company Overview Business Overview 24 27 An Update on Germany, Ideal World & Mindful Souls Operational & Financial Highlights 32 Financial Performance Trends 35 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 dig