VAIBHAVGBLConsumer Durables

Vaibhav Global Limited

Gems, Jewellery And Watches · ISIN INE884A01027 · BSE 532156 · NSE EQ · FV ₹2
Last price
₹160
+1.56%today
What this company does

Vaibhav Global Limited operates in Gems, Jewellery And Watches, part of the Consumer Durables sector. It booked ₹938 cr of revenue in its latest quarter (Q2 FY27) and kept 4.4% of sales as profit.

“Global Fashion E-tailer, Reaching All with Style We are a global digital retailer of fashion jewellery, lifestyle products, and accessories, with a strong presence across TV and Our Vision digital platforms.”
In the report:
62out of 100
Equitytale Health Score
Mixed

Healthier than 62% of companies in Consumer Durables, on all six measures of filed financials. Each measure is ranked against the 10–45 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
21

At close. Not part of the score.

Profitability & returns25

How much profit it earns on the money it employs

Balance sheet56

How much it owes, and whether earnings cover the interest

Cash quality66

Whether reported profit actually arrives as cash

Growth & consistency67

Whether sales and profit have grown, and how steadily

Valuation100

What today's price implies, against our models or its peers · highest in its sector on what we could measure

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 7% vs last year
✓ Promoters hold 57%
✓ No promoter shares pledged
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
! Thin 4.4% net margin
! Profit down 12% vs last year

What if I invest in VAIBHAVGBL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹160▲ +1.56%
latest close · 2026-11-04
1-year return
-77.2%
52-wk low ₹15452-wk high ₹759
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio16.1Average
LowAverageHigh
P/B ratio1.57Moderate
Below bookModerateHigh
EV / EBITDA8.4Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity9.7%Fair
WeakFairStrong ▸15%
Return on capital9.9%Fair
WeakFairStrong
Net margin4.4%Thin
ThinDecentStrong
EBITDA margin8.1%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.08Comfortable
LowModerateHigh ▸1
Interest cover10.1×Strong
RiskyOkayStrong ▸5×
Current ratio2.71Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹2,685 cr
Book value
₹102
EPS
₹2.49
latest quarter
Net debt
₹-113 cr
more cash than debt
Enterprise value
₹2,572 cr
EBITDA
₹305 cr
annualised
EBIT
₹197 cr
annualised
Operating margin
5.3%
Return on assets
6.4%
Earnings yield
6.22%
P/S
0.72
Sales / share
₹223.9
Tax rate
6.1%
Face value
₹2
Shares
16.8 cr
Working capital
₹1,090 cr
Current assets
₹1,728 cr
Current liabilities
₹638 cr
Delivery %
48.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Priced about rightMedium confidence
Median of 3 models ₹170 vs market price ₹160 — price is 6% below it
Safety cushion+5.8%(target ≥ +20%)
Models span ₹87–₹247, midpoint ₹170
Model ₹170
Price ₹160
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹938 cr
Other Income₹8 cr
Total Income₹947 cr
Cost of Materials₹135 cr
Purchases of Stock-in-Trade₹229 cr
Inventory Change (±)₹-63 cr
Employee Benefit Expense₹161 cr
Finance Costs₹5 cr
Depreciation & Amortisation₹27 cr
Other Expenses₹409 cr
Total Expenses₹902 cr
Profit before Tax₹44 cr
Tax Expense₹3 cr
Net Profit₹42 cr
Net margin on total income4.4%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹301 cr31.8%
Employee benefit expense₹161 cr17.0%
Finance costs₹5 cr0.5%
Depreciation & amortisation₹27 cr2.8%
Other expenses₹409 cr43.2%
Tax expense₹3 cr0.3%
Profit for the period₹42 cr4.4%
Total income ₹947 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue935 cr917 cr938 cr
Total income947 cr922 cr947 cr
Expenses884 cr852 cr902 cr
Profit before tax64 cr71 cr44 cr
Tax-27 cr14 cr3 cr
Net profit (owners' share)91 cr56 cr42 cr
Net margin (owners' share, on revenue)9.8%6.1%4.4%
EPS (₹)5.473.372.49
YoY (latest quarter): total income +6.6% · net profit -12.3%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹2,626 cr
Shareholder equity
₹1,713 cr
parent shareholders
Total debt
₹130 cr
Cash
₹243 cr
Cash flow · H1 FY27
Operating
₹24 cr
Investing
₹-54 cr
Financing
₹-57 cr
Peer comparison
Gems, Jewellery And Watches · by market value
CompanyPriceMarket capP/E
Titan Company Limited₹4,562₹4.05 L cr56.9
Kalyan Jewellers India Limited₹508₹52,484 cr37.6
Lalithaa Jewellery Mart Limited₹363₹18,149 cr21.8
PC Jeweller Limited₹15₹14,408 cr10.8
Thangamayil Jewellery Limited₹4,533₹14,088 cr41.4
SKY GOLD AND DIAMONDS LIMITED₹870₹13,478 cr26.3
BlueStone Jewellery and Lifestyle Limited₹672₹10,272 cr—
P N Gadgil Jewellers Limited₹576₹8,472 cr16.6
Ethos Limited₹2,654₹7,102 cr63.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
3.75%
trailing 12 months
Dividend / share (TTM)
₹6
Last dividend
₹1.5
ex 12 Aug 2026
ActionDetailEx-date
Dividend₹1.5 / share12 Aug 2026
Dividend₹1.5 / share25 Jun 2026
Dividend₹1.5 / share3 Feb 2026
Dividend₹1.5 / share6 Nov 2025
Dividend₹1.5 / share14 Aug 2025
Dividend₹1.5 / share27 Jun 2025
Who owns it · 2026-09-30
No pledge
Promoter
57.2%
FII / Foreign
16.3%
DII / Domestic
2.2%
Retail / others
24.2%
Promoter stake down 0.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtBrett Enterprises Private Limited (formerly Brett Plastics Pvt. Ltd.) · Promoter Group4,000 · ₹12.5 L30 Dec 22
BoughtBrett Enterprises Private Limited (formerly Brett Plastics Pvt. Ltd.) · Promoter Group4,000 · ₹12.6 L29 Dec 22
BoughtBrett Enterprises Private Limited (formerly Brett Plastics Pvt. Ltd.) · Promoter Group4,000 · ₹13.0 L28 Dec 22
Bulk / block deals
short— · NSE152 Jun 26
short— · NSE15024 Mar 26
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE9.68 L @ ₹283.430 Oct 25
Stake changes
BoughtBrett Enterprises Private Limited · promoter→ 57.25% · 1.08 L30 Sep 25
BoughtBrett Enterprises Private Limited along with PAC · promoter→ 57.33% · 52,50028 Mar 25
BoughtBrett Enterprises Private Limited along with PAC · promoter→ 57.33% · 3.70 L31 Dec 24
Promoter pledges
ReleasedPunjab National Bank2.54 L · 0.89% held21 Nov 15
ReleasedPunjab National Bank28,140 · 0.09% held21 Nov 15
ReleasedIDBI BANK23.00 L · 7.93% held22 Apr 14
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 5 Aug 2025
See the official result
1
Adoption of Standalone Financial Statements
Backed by 100% of shareholders other than promotersneeded 50%
2.88 cr votes for, 168 against · 0% of mutual funds and other big investors said no
2
Adoption of Consolidated Financial Statements
Backed by 100% of shareholders other than promotersneeded 50%
2.88 cr votes for, 168 against · 0% of mutual funds and other big investors said no
3
Declaration of dividend
Backed by 100% of shareholders other than promotersneeded 50%
2.88 cr votes for, 2,342 against · 0% of mutual funds and other big investors said no
4
Re-appointment of Mrs Sheela Agarwal as a director, liable to retire by rotation
Backed by 98% of shareholders other than promotersneeded 50%
2.81 cr votes for, 7.16 L against · 2% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 57.2% between them · as of 2026-09-30
BRETT ENTERPRISES PRIVATE LIMITED55.73%
DEEPTI AGRAWAL1.27%
SUNIL AGRAWAL0.08%
SHEELA AGARWAL0.07%
SANJEEV AGRAWAL0.03%
HURSH AGRAWALno shares
NEIL AGRAWALno shares
Business done with them
FY2026 · 2 of the group
The company paid ₹62 cr to companies in the promoter group last year — about 1.7% of its ₹3,692 cr revenue.
BRETT ENTERPRISES PRIVATE LIMITED
Other payments to them · Dividend Paid
also owns 55.73% of the company
₹56 cr
company paid
Sunil Agrawal
Paid them for services · Remuneration and dividend
also owns 0.08% of the company
₹6 cr
company paid
Sunil Agrawal
Other payments to them · Remuneration and dividend
also owns 0.08% of the company
₹8.4 L
company paid

The company also transacted with 7 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.