Vaibhav Global Limited

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nvestor Presentation Dear Sir/Madam, Date: 22nd May, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 532156 Pursuant to regulation 30(6) of the SEBI (List

10.0%

g statements to reflect future/likely events or circumstances. Q4 FY26 Highlights Revenue 935 Cr 10.0% YoY EBITDA 10.3% 36.0% YoY PAT* 91.1 Cr 167.4% YoY Quarterly update: Revenue: Rs. 935 Cr GM:

10.3%

lect future/likely events or circumstances. Q4 FY26 Highlights Revenue 935 Cr 10.0% YoY EBITDA 10.3% 36.0% YoY PAT* 91.1 Cr 167.4% YoY Quarterly update: Revenue: Rs. 935 Cr GM: 63.9% PAT*: 9.8%

36.0%

uture/likely events or circumstances. Q4 FY26 Highlights Revenue 935 Cr 10.0% YoY EBITDA 10.3% 36.0% YoY PAT* 91.1 Cr 167.4% YoY Quarterly update: Revenue: Rs. 935 Cr GM: 63.9% PAT*: 9.8% Strong

167.4%

rcumstances. Q4 FY26 Highlights Revenue 935 Cr 10.0% YoY EBITDA 10.3% 36.0% YoY PAT* 91.1 Cr 167.4% YoY Quarterly update: Revenue: Rs. 935 Cr GM: 63.9% PAT*: 9.8% Strong Cashflows: OCF: Rs. 305 C

Rs. 935

e 935 Cr 10.0% YoY EBITDA 10.3% 36.0% YoY PAT* 91.1 Cr 167.4% YoY Quarterly update: Revenue: Rs. 935 Cr GM: 63.9% PAT*: 9.8% Strong Cashflows: OCF: Rs. 305 Cr FCF: Rs. 272 Cr ROCE: 23.5% ROE: 14.9%

63.9%

YoY EBITDA 10.3% 36.0% YoY PAT* 91.1 Cr 167.4% YoY Quarterly update: Revenue: Rs. 935 Cr GM: 63.9% PAT*: 9.8% Strong Cashflows: OCF: Rs. 305 Cr FCF: Rs. 272 Cr ROCE: 23.5% ROE: 14.9% Final divid

9.8%

10.3% 36.0% YoY PAT* 91.1 Cr 167.4% YoY Quarterly update: Revenue: Rs. 935 Cr GM: 63.9% PAT*: 9.8% Strong Cashflows: OCF: Rs. 305 Cr FCF: Rs. 272 Cr ROCE: 23.5% ROE: 14.9% Final dividend Rs. 1.5

Rs. 305

Cr 167.4% YoY Quarterly update: Revenue: Rs. 935 Cr GM: 63.9% PAT*: 9.8% Strong Cashflows: OCF: Rs. 305 Cr FCF: Rs. 272 Cr ROCE: 23.5% ROE: 14.9% Final dividend Rs. 1.50/- share (27.4% payout) • GPTW®

Rs. 272

uarterly update: Revenue: Rs. 935 Cr GM: 63.9% PAT*: 9.8% Strong Cashflows: OCF: Rs. 305 Cr FCF: Rs. 272 Cr ROCE: 23.5% ROE: 14.9% Final dividend Rs. 1.50/- share (27.4% payout) • GPTW®: Globally Certi

23.5%

Revenue: Rs. 935 Cr GM: 63.9% PAT*: 9.8% Strong Cashflows: OCF: Rs. 305 Cr FCF: Rs. 272 Cr ROCE: 23.5% ROE: 14.9% Final dividend Rs. 1.50/- share (27.4% payout) • GPTW®: Globally Certified • • • ICR

14.9%

935 Cr GM: 63.9% PAT*: 9.8% Strong Cashflows: OCF: Rs. 305 Cr FCF: Rs. 272 Cr ROCE: 23.5% ROE: 14.9% Final dividend Rs. 1.50/- share (27.4% payout) • GPTW®: Globally Certified • • • ICRA ESG ‘Stron

“Cr) TV Revenue 456 485 Digital Revenue 350 400 Q4 FY25 Q4 FY26 Q4 FY25 Q4 FY26 TV Digital Sales Volume ('000s) Average Selling Price US$ 1,422 1,291 37.0 40.5 Sales Volume ('000s) Average Selling Price US$ 1,257 1,123 32.3 38.5 Q4 FY25 Q4 FY26 Q4 FY25 Q4 FY26 Q4 FY25 Q4 FY26 Q4 FY25 Q4 FY26 Financial Highlights – FY26 Revenue breakup Revenue split (Rs.”

“Cr) 268 230 272 387 90 127 296 178 167 170 103 FY21 32% -214 FY22 23% FY23 FY24 FY25 FY26 ROE (TTM) 9% 10% 15% 12% FY21 FY22 FY23 FY24 FY25 FY26 ROCE (TTM) 61% 31% 19% 19% 24% 14% FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 Note: ROCE and ROE are excluding the MAT credit Financial Highlights – FY26 Segment Results Quarter YTD 31 Mar 2026 31-Mar-25 Change % 31 Mar 2026 31-Mar-25 Change % Rs.”

“The German market serves as a blueprint for high-margin scalability in the European Union, with a target addressable market of $3B.”

Retail Channels

2

Quarterly update

1

Strong Cashflows

1

Target Customers

1

Strong Cashflows

OCF: Rs. 305 Cr FCF: Rs. 272 Cr ROCE: 23.5% ROE: 14.9% Final dividend Rs. 1.50/- share (27.4% payout) • GPTW®: Globally Certified • • • ICRA ESG ‘Strong: ‘74’ Rating SBTi Committed 112+ mn meals Note: * Including MAT Credit PAT excluding MAT Credit is Rs. 44.4 Cr (30.4% YoY Growth), ROCE and ROE are excluding the MAT credit EBITDA Margin Walk Particulars % to revenue Remarks EBITDA Q4 FY25 8.3% Gross margin 1.8 % Higher contribution of In-House brands, Better realisation and cost efficiencies SGA Airtime 0.4 % 0.1 % Higher freight and fulfilment costs due to sales mix Impact of operating leverage Employee cost 0.5 % Increased usage of Technology, Improved efficiency and EBITDA Q4 FY26 10.3% operating leverage Financial Highlights – Q4 FY26 Revenue breakup Revenue split (Rs. Cr) TV Revenue 456 485 Digital Revenue 350 400 Q4 FY25 Q4 FY26 Q4 FY25 Q4 FY26 TV Digital Sales Volume ('000s) Average Selling Price US$ 1,422 1,291 37.0 40.5 Sales Volume ('000s) Average Selling Price US$ 1,257 1,1

Retail Channels

a) United States of America b) United Kingdom c) Europe Sub Total Manufacturing/ Sourcing / Service Locations Revenue from operations Segment EBITDA*

Retail Channels

a) United States of America b) United Kingdom c) Europe Sub Total 526 252 106 884 50 934 51 11 5 67 Manufacturing/ Sourcing / Service Locations Total EBITDA * EBITDA includes other income and excludes dividend income & Exceptional income 29 96 488 224 94 806 43 850 45 5 2 52 18 71 8% 13% 13% 10% 16% 10% 13% 116% 130% 29% 58% 36% 2,058 1,032 404 3,494 198 3,692 194 77 7 278 121 399 1,905 931 377 3,214 166 3,380 178 60 (11) 226 91 317 8% 11% 7% 9% 19% 9% 9% 28% - 23% 33% 26% 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 Solid Infrastructure Backbone • Continued investment in building digital capabilities • Scalable model with limited capex requirement Strong Management and Governance • Professional management team • Experienced Independent Board *FTE: Full Time Equivalent Strong Customer Visibility • TV Homes accessed (FTE*): ~ 127

Target Customers

Baby Boomers & Gen X Value-Positioning ($30-$45) ➢ Vertically integrated sourcing, merchandising & fulfilment ➢ Direct customer reach and high repeat GERMANY: ~$3bn Widest Product Assortment (~30,000 SKUs) behavior Reaching TV homes through Cable, Satellite and OTA broadcasts (Over The Air) 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 OTT Platforms Social Retail USA - Macro Landscape & Trends Industry Market Size (USD Bn) 96 82 68 50 31.7 120 100 80 60 40 20 0 2023 2024 2025 2026 2027 (f) Rapid expansion of livestreaming and video-integrated commerce. US Consumer Platform Preferences 100 88 82 80 60 40 20 0 46 35 Connected TV (Roku, FireTV) Social Video (YouTube/TikTok) Traditional Cable TV Dedicated Shopping Apps Household Reach (%) The structural shift from traditional cable to Connected TV (CTV) and Social Apps. T