| Metric | Value (₹ Cr) | vs Q4 FY25 |
|---|---|---|
| Revenue | 813.74 | 4.2% |
| Total Income | 826.81 | 3.6% |
| Expenditure | 780.99 | 4.4% |
| PBT | 45.82 | 11.1% |
| Net Profit | 37.63 | 10.4% |
| OPM | 7.56% | 0.23pp |
| NPM | 4.55% | 0.58pp |
| EPS | 2.26 | 10.2% |
Vaibhav Global Q1 FY26: 8% YoY Revenue Growth, 50 bps YoY EBITDA Improvement, 37% YoY PAT Growth
05 Aug 2025 · 5 Aug 2025, 08:21 pm
Summary
Vaibhav Global Limited, a global E-tailer of Fashion Jewellery, Lifestyle Products, Apparels, and Accessories on proprietary Home Teleshopping Channels and Digital Platforms, announced its financial results for the first quarter ending June 30, 2025. The company reported an 8% YoY growth in revenue, a 50 bps YoY improvement in EBITDA margin, and a 37% YoY growth in Profit After Tax (PAT). The company also announced a first interim dividend of Rs. 1.50/ equity share (66% Annual Payout).
Key Highlights
- 1
Revenue: Q1 revenue of 814 crores, up 8% YoY.
- 2
Strong gross margin: 63.8% led by advance inventory planning and favorable product mix.
- 3
EBITDA margin: 9.2% (+50 bps YoY improvement led by cost rationalization and operating leverage).
- 4
Profit After Tax (PAT): 238 crores, up 37% YoY.
- 5
Robust balance sheet with net cash position of 174 crores.
- 6
ROCE at 19% and ROE at 12%.
- 7
Digital revenue mix: 43% of B2C revenue.
- 8
In-house brands’ sales mix: 36% of B2C revenue vs 26% in Q1 FY25.
- 9
Unique customers: All-time highest- 7.13 lakhs, up 12% YoY.
- 10
New customer acquisitions (TTM): 4.0 lakh.
- 11
Customer retention rate improved to 42%.
- 12
Repeat purchase: 22 pieces per customer.
- 13
Over 103 million meals donated since inception.
- 14
‘Strong’ ESG rating (Score: 72) from ICRA ESG Ratings Limited.
- 15
Credit ratings upgradation: Both short and long-term ratings upgraded.
Management Comments
Sunil Agrawal
Managing Director, Vaibhav Global Limited
We reported 814 crores in revenue in Q1, showing 8% year-over-year growth, with strong gross margins at 63.8%. Our digital business continues to scale and now accounts for 43% of B2C revenue. Our unique customer base reached an all-time high of 713,000, reflecting sustained momentum in both acquisition and retention. Germany showed improved y-o-y performance, and we remain confident of achieving EBITDA profitability there in FY26. Given the evolving macro environment and recent tariff developments, we are revising our FY26 revenue growth guidance to 7-9%. However, we remain optimistic that the resolution of the tariff issue along with macro improvement could unlock additional upside. Our integrated, agile model positions us well for sustainable growth.
Informational and educational content only. Not investment advice.