MarketFriction

Vaibhav Global Ltd

NSE VAIBHAVGBL · BSE 532156 · Gems, Jewellery And Watches
₹203.53 -0.39%
NSE close2026-10-01
52 week range174.13 - 293.25
Market cap₹3,393 Cr.
P/E11.9
Microcap 250 Price band 20% Delivery 44.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7058887897567969778508148771,066935917
Expenses642795736699736868788752800930851820
Operating Profit63935357601106262781368397
OPM %9%11%7%8%8%11%7%8%9%13%9%11%
Other Income326992813115135
Interest333344443445
Depreciation232325252626252524252827
Profit before tax4168323739824146601126471
Tax %30%31%33%27%29%22%17%18%21%20%-43%20%
Net Profit294721272864343848909156
EPS in Rs1.782.871.291.671.673.842.052.262.855.385.463.37
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,2771,4391,5711,8141,9862,5402,7522,6913,0413,3803,6923,795
Expenses1,2181,3531,4221,6111,7252,1702,4712,4912,7723,0903,3313,402
Operating Profit5886148203262370281200269290361393
OPM %4.6%6%9%11%13%15%10%7%9%9%10%10%
Other Income171610141418502819273934
Interest7645956812151516
Depreciation242925253139557893102103104
Profit before tax4566129188236344271141182200282307
Tax %11%2%13%18%20%21%12%26%30%24%6%
Net Profit4065112154190272237105127153266285
EPS in Rs2.453.976.909.4311.7716.7014.506.367.729.2215.9317.06
Dividend Payout %0%0%0%21%57%30%41%94%78%65%38%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth11%8%11%10%
Compounded Profit Growth21%0%37%74%
Stock Price CAGR13%-22%-23%-11%
Return on Equity18%14%14%18%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital323233333332333333333333
Reserves2963354025186647199311,0941,1681,2251,3171,615
Borrowings76112856766102124165193218228416
Other Liabilities126140157146179238307394392405456481
Total Liabilities5306196767639421,0911,3951,6861,7861,8812,0342,544
Fixed Assets76126126120116154163467507616566699
CWIP1300192927561126
Investments345121882280843412811619
Other Assets4504875456328078479231,1081,2411,1311,3421,801
Total Assets5306196767639421,0911,3951,6861,7861,8812,0342,544
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity115-25744120421432688127277165310
Cash from Investing Activity-3-42-26-23-22-184-267-4543-183-581
Cash from Financing Activity-6430-30-24-23-184-57-72-103-143-130-149
Net Cash Flow49-3719-6159-1551-2968-4930242
Free Cash Flow92-725523184184269-21392233135290
CFO/OP99%-12%100%38%111%98%104%56%80%120%75%110%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days131924302425243133383534
Inventory Days187277221227239220180231238202219232
Days Payable6199836674756510495767377
Cash Conversion Cycle139197162191189170139158176164181189
Working Capital Days314549726259425859556068
ROCE %35%11%15%23%27%30%36%21%11%14%14%16%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters57.12%57.24%57.22%57.18%57.30%57.30%57.30%57.19%57.18%57.11%57.43%57.33%
FIIs22.66%22.05%22.68%21.48%19.20%18.37%18.59%18.52%18.68%18.06%16.44%16.66%
DIIs5.72%5.37%2.57%1.88%0.73%0.74%0.85%0.91%1.24%1.67%2.23%2.22%
Public14.42%15.28%17.45%19.33%22.62%23.46%23.14%23.26%22.86%23.11%23.87%23.76%
Others0.06%0.04%0.07%0.13%0.15%0.13%0.12%0.12%0.04%0.04%0.03%0.03%
No. of Shareholders1,19,8881,17,4421,20,8541,27,3161,44,8871,43,6061,44,8821,43,7421,39,2641,35,8021,33,2551,29,789

Fundamentals

Market Cap₹ 3,393 Cr.
Current Price₹ 203
Stock P/E11.9
Book Value₹ 98.6
ROCE16.4 %
ROE17.9 %
Dividend Yield2.96 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)10%
Compounded Profit Growth (TTM)74%
Consolidated figures.
Valuation
Market capRs 3,399 Cr
Enterprise valueRs 3,444 Cr
P/E (TTM)11.93x
Price to book2.06x
Price to sales0.90x
EV / EBITDA8.06x
EV / EBIT10.67x
EV / sales0.91x
Price to cash flow10.96x
Earnings yield8.38%
Dividend yield2.95%
P/E, 3-year average27.29x
P/B, 3-year average3.09x
P/E, 5-year average30.10x
P/B, 5-year average3.69x
Profitability
Operating margin (excl. other income)9.77%
Operating margin (incl. other income)10.83%
EBITDA margin11.25%
Pre-tax margin8.09%
Net profit margin7.51%
Net margin, latest quarter6.15%
ROE17.75%
ROCE16.30%
ROA11.63%
ROE, 3-year average13.31%
ROCE, 3-year average14.63%
ROA, 3-year average8.81%
ROE, 5-year average14.34%
ROCE, 5-year average15.65%
ROA, 5-year average9.58%
ROIC (approx.)18.01%
Tax rate5.58%
Other income / net worth2.36%
Growth
Sales growth (latest year)9.24%
Profit growth (latest year)73.53%
Sales CAGR, 3 years11.12%
Sales CAGR, 5 years7.77%
Profit CAGR, 3 years36.36%
Profit CAGR, 5 years-0.42%
Sales growth QoQ-1.89%
Profit growth QoQ-38.14%
Sales growth YoY (latest quarter)12.70%
Profit growth YoY (latest quarter)49.83%
Per share
EPS (TTM)Rs 17.06
EPS (latest year)Rs 15.93
EPS (latest quarter)Rs 3.38
EPS, 3-year averageRs 10.96
EPS, 5-year averageRs 10.75
Book value per shareRs 98.66
Sales per shareRs 227.22
Cash flow per shareRs 18.57
Free cash flow per shareRs 17.36
Dividend per share (latest year)Rs 6.00
Dividend per share, 3-year averageRs 6.00
Dividend per share, 5-year averageRs 6.00
Dividends
Dividend payout37.65%
Dividend payout, 3-year average60.10%
Dividend payout, 5-year average63.18%
Efficiency
Asset turnover1.45x
Fixed asset turnover5.28x
Inventory turnover1.67x
Inventory days219 days
Debtor days34 days
Debtors turnover10.87x
Creditor days77 days
Cash conversion cycle189 days
Working capital days68 days
Leverage
Total debtRs 416 Cr
Cash and bankRs 371 Cr
Net debtRs 44 Cr
Debt to equity0.25x
Net debt / EBITDA0.10x
Interest coverage20.21x
Current ratio (filing 2026-03-31)2.76x
Quick ratio (filing 2026-03-31)1.43x
Trade payables (filing 2026-03-31)Rs 268 Cr
Owners' fund to total sources64.77%
Debt to assets16.34%
Cash flow
Cash from Operating Activity (latest year)Rs 310 Cr
Cash from Investing Activity (latest year)Rs 81 Cr
Cash from Financing Activity (latest year)Rs -149 Cr
Net Cash Flow (latest year)Rs 242 Cr
Free cash flow (latest year)Rs 290 Cr
FCFE (approx.: FCF + change in debt)Rs 478 Cr
Cash from ops / profit, 5 years1.09x
Sales to cash flow11.90x
Statement figures
Net sales (TTM)Rs 3,795 Cr
Net sales (latest year)Rs 3,692 Cr
Sales (latest quarter)Rs 917 Cr
Operating profit excl. other income (latest year)Rs 361 Cr
Operating profit (latest quarter)Rs 97 Cr
Other income (TTM)Rs 34 Cr
EBITDA (TTM)Rs 427 Cr
PBDT (TTM)Rs 411 Cr
Profit before tax (TTM)Rs 307 Cr
Tax (latest year)Rs 16 Cr
Net profit (TTM)Rs 285 Cr
Net profit (latest year)Rs 266 Cr
Net profit (latest quarter)Rs 56 Cr
Depreciation (TTM)Rs 104 Cr
Depreciation (latest quarter)Rs 27 Cr
Interest (TTM)Rs 16 Cr
Cost of goods sold (latest year)Rs 1,354 Cr
Total expenditure (latest year)Rs 3,331 Cr
Total income (latest year)Rs 3,731 Cr
Share capitalRs 33 Cr
ReservesRs 1,615 Cr
Shareholders' fundsRs 1,648 Cr
Total assetsRs 2,544 Cr
Net blockRs 699 Cr
Capital work in progressRs 26 Cr
InvestmentsRs 19 Cr
ReceivablesRs 340 Cr
InventoryRs 811 Cr
Other liabilitiesRs 481 Cr
Shares outstanding (crore)16.70
Ownership
Promoter holding57.33% (+0.14 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 11.9 is the lowest in its own 9.4-year history (median 26.0, low 11.9, high 79.0).
P/B 2.06 is the lowest in 9.4 years (median 4.51).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodVAIBHAVGBLNifty 50Difference
1 week-0.8%-2.8% +1.9 pts
1 month-6.8%-6.8% -0.0 pts
3 months-13.8%-7.6% -6.2 pts
6 months+16.1%+0.4% +15.7 pts
1 year-15.6%-9.9% -5.6 pts
2 years-34.0%-13.6% -20.4 pts
3 years-53.8%+14.2% -68.0 pts
5 years-70.8%+27.9% -98.7 pts
6 mutual fund schemes hold about ₹3 Cr. Over three months 3 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal Nifty Microcap 250 Index Fund0.14%3 +3%
Groww Nifty Total Market Index Fund0.01%0 +16%
Angel One Nifty Total Market Index Fund0.01%0 -1%
Mirae Asset Nifty Total Market Index Fund0.01%0 +16%
Bandhan Nifty Total Market Index Fund0.01%0 -1%
Motilal Oswal BSE 1000 Index Fund0.01%0 +16%

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹917 Cr +12.7% vs Jun 2025. Net profit ₹56 Cr +47.4%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-12Interim Dividend - Rs 1.50 Per Share
2026-06-25Dividend - Rs 1.50 Per Share
2026-02-03Interim Dividend - Rs 1.50 Per Share
2025-11-06Interim Dividend - Rs 1.50 Per Share
2025-08-14Interim Dividend - Rs 1.50 Per Share
2025-06-27Annual General Meeting/Dividend - Rs 1.50 Per Share
2025-02-07Interim Dividend - Rs 1.50 Per Share
2024-11-19Interim Dividend - Rs 1.50 Per Share
2024-08-09Interim Dividend - Rs 1.50 Per Share
2024-06-28Annual General Meeting/Dividend - Rs 1.50 Per Share
2024-02-08Interim Dividend - Rs 1.50 Per Share
2023-11-07Interim Dividend - Rs 1.50 Per Share
2023-08-10Interim Dividend - Rs 1.50 Per Share
2023-06-30Annual General Meeting/Dividend - Rs 1.50 Per Share
2023-02-03Interim Dividend - Rs 1.50 Per Share
2022-11-03Interim Dividend- Rs 1.50 Per Share
2022-08-10Interim Dividend - Rs 1.50 Per Share
2022-06-29Annual General Meeting/Dividend - Rs 1.50 Per Share
2022-02-03Interim Dividend - Rs 1.50 Per Share
2021-11-02 Interim Dividend - Rs 1.50 Per Share
2021-08-05 Interim Dividend - Rs 1.50 Per Share
2021-06-30 Annual General Meeting/Dividend - Rs 1.50 Per Share
2021-05-07 Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share0.2000
2021-02-04 Interim Dividend - Rs 7.50 Per Share
2020-11-05 Interim Dividend - Rs 5 Per Share
2020-08-21 Interim Dividend - Rs 5 Per Share
2020-07-21 Annual General Meeting/Dividend - Rs 7 Per Share
2020-03-26 Interim Dividend - Rs 19.74 Per Share
2020-02-07 Interim Dividend - Rs 7 Per Share
2019-07-11 Annual General Meeting/Dividend-Rs 5.00 Per Sh
2018-11-09 Interim Dividend - Rs 5 Per Share
2018-07-19 Annual General Meeting
2017-08-29 Annual General Meeting
2016-07-19 Annual General Meeting
2015-07-17Annual General Meeting
2014-11-20Interim Dividend - Rs 2.40/- Per Share
2014-07-16Annual General Meeting
2013-08-06Annual General Meeting
2012-09-20Annual General Meeting
2011-09-22Annual General Meeting
2010-09-23Annual General Meeting
2009-09-23Annual General Meeting
2008-09-19Annual General Meeting
2007-09-20Agm/Dividend-5%
2006-09-25Agm/Dividend-15%
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2020-02-17CESTATVAIBHAV GLOBAL LTD ---VS.--- JAIPUR I..
2020-02-11CESTATVAIBHAV GLOBAL LTD ---VS.--- JAIPUR I..
2019-12-18CESTATVAIBHAV GLOBAL LTD ---VS.--- JAIPUR I..
2019-12-18CESTATVAIBHAV GLOBAL LIMITED ---VS.--- JAIPUR I..
2019-12-03CESTATVAIBHAV GLOBAL LTD ---VS.--- JAIPUR I..
2019-11-21CESTATVAIBHAV GLOBAL LTD ---VS.--- JAIPUR I..
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Vaibhav Global Ltd?

Vaibhav Global Ltd (VAIBHAVGBL) has a market capitalisation of Rs 3,393 Cr. at the 2026-10-01 close.

What is the P/E ratio of Vaibhav Global Ltd?

Vaibhav Global Ltd trades at a P/E of 11.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Vaibhav Global Ltd's latest quarterly results?

In the Jun 2026 quarter, Vaibhav Global Ltd sales was Rs 917 Cr (+12.7% vs Jun 2025) and net profit was Rs 56 Cr.

What is the 52-week high and low of Vaibhav Global Ltd?

The 52-week high is Rs 293.25 and the 52-week low is Rs 174.13.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03