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Gems- Jewellery And Watches
Quarterly Result5 Aug 2025, 08:21 pm

Vaibhav Global Q1 FY26: 8% YoY Revenue Growth, 50 bps YoY EBITDA Improvement, 37% YoY PAT Growth

AI Summary

Vaibhav Global Limited (VGL), a global E-tailer of Fashion Jewellery, Lifestyle Products, Apparels, and Accessories, announced its financial results for the first quarter ending June 30, 2025. The company reported an 8% YoY growth in revenue, reaching 814 crores. The gross margin stood strong at 63.8%, led by advance inventory planning and favorable product mix. The EBITDA margin improved by 50 bps YoY, reaching 9.2%. The Profit After Tax (PAT) grew by 37% YoY, amounting to 238 crores. The company maintained a robust balance sheet with a net cash position of 174 crores and a ROCE of 19% and ROE of 12%. The digital revenue mix accounted for 43% of B2C revenue, and in-house brands’ sales mix contributed 36% of B2C revenue. The unique customers reached an all-time high of 7.13 lakhs, up 12% YoY. The company also improved its customer retention rate to 42% and repeat purchase to 22 pieces per customer. VGL has donated over 103 million meals since inception and maintains a 'Strong' ESG rating from ICRA ESG Ratings Limited. The company is confident of achieving EBITDA profitability in Germany in FY26 and revised its FY26 revenue growth guidance to 7-9%.

Key Highlights

  • 8% YoY revenue growth in Q1 FY26
  • 50 bps YoY improvement in EBITDA margin
  • 37% YoY growth in PAT
  • Robust balance sheet with net cash position of 174 crores
  • Confidence in achieving EBITDA profitability in Germany in FY26
VAIBHAVGBL
Gems- Jewellery And Watches
Vaibhav Global Ltd

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