- Valuation
- ₹11,293 Cr

About Vaibhav Global Limited
Data last updated:
Vaibhav Global Limited is a public limited company based in Jaipur, Rajasthan, India, a subsidiary of Brett Enterprises Private Limited, India. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 08 May 1989 and has been in existence for over 37 years.
Its director Sunil Agrawal and family are #1,028 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN L36911RJ1989PLC004945. Its GSTIN is 08AAACV4679F1Z2 (Rajasthan). The company holds 5 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 532156 and NSE: VAIBHAVGBL.
The company has an authorised share capital of ₹86 Cr and a paid-up capital of ₹33.41 Cr. It was formerly known as Vaibhav Gems Ltd. and Vaibhav Gemslimited. It is led by directors including Sunil Agrawal (Managing Director) and Pulak Chandan Prasad.
Its last annual general meeting (AGM) was held on 05 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at E – 69 Epip Sitapura Industrial Area, Jaipur, Rajasthan, India – 302022.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,691.79 Cr, a growth of 9.2% compared to the previous year. For the same year it recorded a net profit of ₹267.83 Cr (net margin 7.3%) and EBITDA of ₹328.71 Cr (EBITDA margin 8.9%). The net worth stands at ₹1,647.93 Cr (up 22.1% YoY). Total assets are valued at ₹2,074.44 Cr (up 30.6% YoY).
The company has about 1,099 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Vaibhav Global Limited. As per MCA filings, the company has open charges of ₹191 Cr and satisfied charges of ₹254.37 Cr on record. Court records list 90 cases involving the company, including 35 filed by the company and 55 filed against it; 22 cases are pending. The company has 81 deals on record (74 market trades, 5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹138.54 Cr; the latest was in October 2025. Its 4 peer companies in the Consumer Products industry (Lifestyle and Accessories Manufacturers, Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing) are compared by revenue, 3 larger and 1 smaller; the largest is Sky Gold and Diamonds Limited with revenue of ₹3,580.98 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vaibhavglobal.com.
Company details
Name history
Vaibhav Global has undergone 2 name changes throughout its history. The company was previously known as Vaibhav Gems Ltd., and Vaibhav Gemslimited. The current legal name is Vaibhav Global Limited.
| Company Name | Status |
|---|---|
| Vaibhav Global Limited | Current |
| Vaibhav Gems Ltd. | Previous |
| Vaibhav Gemslimited | Previous |
CIN history
Vaibhav Global has one previous CIN (Corporate Identification Number): U36911RJ1989PLC004945. The current CIN is L36911RJ1989PLC004945, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L36911RJ1989PLC004945 | Current |
| U36911RJ1989PLC004945 | Previous |
Recognitions & Rankings of Vaibhav Global
- #1,028 Sunil Agrawal & family ₹2,600 Cr
Contact details
Vaibhav Global Limited's registered office is in Jaipur, Rajasthan. Its website is vaibhavglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressE – 69 Epip Sitapura Industrial Area, Jaipur, Rajasthan, India – 302022
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Vaibhav Global Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Vaibhav Global operates one associated brand: Vaibhav Global Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fashion retail is conducted via multi-channel platforms by Vaibhav Global. | vaibhavglobal.com |
Business activity
The main business activities of Vaibhav Global are manufacturing and trade. In detail, this covers other manufacturing and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vaibhav Global Limited, buy the company report.
Financials of Vaibhav Global Limited
FY 2025-26 filings availableVaibhav Global Limited reported revenue of ₹3,691.79 Cr (up 9.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,692 | 3,380 | 3,041 | 2,691 | 2,752 | 2,540 | 1,986 |
| Revenue growth | +9.2% | +11.1% | +13.0% | -2.2% | +8.4% | +27.9% | - |
| EBITDA | 329 | 289 | 260 | 200 | 277 | 370 | 262 |
| EBITDA margin | +8.9% | +8.6% | +8.6% | +7.4% | +10.1% | +14.6% | +13.2% |
| Profit before tax | 282 | 200 | 182 | 141 | 271 | 344 | 236 |
| Net profit | 268 | 152 | 134 | 105 | 213 | 272 | 189 |
| Net profit margin | +7.3% | +4.5% | +4.4% | +3.9% | +7.8% | +10.7% | +9.5% |
| EPS (₹) | 15.93 | 9.23 | 7.73 | 6.37 | 14.51 | 83.53 | 58.95 |
| Balance sheet | |||||||
| Total assets | 2,074 | 1,589 | 1,485 | 1,401 | 1,297 | 1,093 | 857 |
| Net worth | 1,648 | 1,350 | 1,258 | 1,201 | 1,127 | 964 | 751 |
| Total debt | 416 | 228 | 218 | 193 | 165 | 124 | 102 |
| Cash & bank | 371 | 129 | 105 | 239 | 107 | 188 | 175 |
| Net working capital | 1,200 | 827 | 695 | 810 | 663 | 587 | 570 |
| Cash flow | |||||||
| Cash from operations | 310 | 165 | 277 | 127 | 87.94 | 326 | 214 |
| Cash from investing | 81.20 | (5.21) | (183) | 43.03 | (44.80) | (267) | (184) |
| Cash from financing | (149) | (130) | (143) | (103) | (72.15) | (57.49) | (184) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 938 | 917 | 935 | 1,066 | 877 | 814 | 850 | 977 |
| Revenue growth (YoY) | +7.0% | +12.7% | +10.0% | +9.1% | +10.2% | +7.6% | - | - |
| Other income | 8.20 | 5.31 | 12.72 | 5.12 | 10.53 | 13.07 | 8.28 | 2.29 |
| EBITDA | 68.05 | 96.73 | 83.42 | 136 | 77.59 | 61.54 | 62.30 | 110 |
| EBITDA margin | +7.3% | +10.5% | +8.9% | +12.7% | +8.8% | +7.6% | +7.3% | +11.2% |
| Depreciation | 26.92 | 26.63 | 27.92 | 25.21 | 24.45 | 25.29 | 25.49 | 25.80 |
| Interest | 4.90 | 4.54 | 4.31 | 3.72 | 3.41 | 3.50 | 3.83 | 3.98 |
| Profit before tax | 44.43 | 70.87 | 63.91 | 112 | 60.26 | 45.82 | 41.26 | 82.20 |
| Tax | 2.71 | 14.49 | (27.23) | 22.07 | 12.69 | 8.18 | 7.17 | 18.38 |
| Net profit | 41.72 | 56.38 | 91.14 | 89.81 | 47.57 | 37.64 | 34.09 | 63.82 |
| EPS (₹) | 2.45 | 3.33 | 5.40 | 5.32 | 2.82 | 2.24 | 2.02 | 3.79 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 563 | 674 | 489 | 436 | 489 | 416 | 431 |
| Revenue growth | -16.4% | +37.7% | +12.1% | -10.8% | +17.6% | -3.4% | - |
| EBITDA | 23.83 | 36.78 | (7.22) | 14.46 | 19.60 | 12.26 | 31.10 |
| EBITDA margin | +4.2% | +5.5% | -1.5% | +3.3% | +4.0% | +3.0% | +7.2% |
| Profit before tax | 219 | 193 | 54.03 | 103 | 112 | 51.18 | 133 |
| Net profit | 182 | 137 | 72.07 | 99.90 | 130 | 46.90 | 126 |
| Net profit margin | +32.3% | +20.3% | +14.7% | +22.9% | +26.5% | +11.3% | +29.3% |
| EPS (₹) | 15.36 | 11.08 | 3.04 | 6.06 | 7.87 | 14.39 | 39.46 |
| Balance sheet | |||||||
| Total assets | 998 | 816 | 690 | 725 | 681 | 590 | 607 |
| Net worth | 875 | 691 | 587 | 612 | 583 | 529 | 540 |
| Total debt | 113 | 115 | 97.58 | 109 | 94.66 | 56.46 | 64.43 |
| Cash & bank | 63.61 | 66.91 | 56.49 | 50.73 | 39.75 | 54.97 | 78.62 |
| Net working capital | 458 | 388 | 298 | 319 | 283 | 226 | 239 |
| Cash flow | |||||||
| Cash from operations | 2.28 | 5.67 | 70.43 | 16.43 | (20.98) | 6.52 | (41.25) |
| Cash from investing | 102 | 97.08 | 39.84 | 65.04 | 56.55 | 81.79 | 44.45 |
| Cash from financing | (105) | (85.55) | (112) | (74.00) | (51.52) | (73.54) | (167) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 177 | 158 | 136 | 145 | 140 | 142 | 171 | 190 |
| Revenue growth (YoY) | +26.8% | +10.8% | -20.4% | -23.4% | -15.3% | -4.0% | - | - |
| Other income | 59.84 | 4.96 | 103 | 33.26 | 62.62 | 9.98 | 85.97 | 30.77 |
| Total expenses | 163 | 141 | 134 | 134 | 130 | 137 | 169 | 177 |
| EBITDA | 14.32 | 16.69 | 1.80 | 11.23 | 10.32 | 4.95 | 1.64 | 12.68 |
| EBITDA margin | +8.1% | +10.6% | +1.3% | +7.7% | +7.4% | +3.5% | +1.0% | +6.7% |
| Depreciation | 2.08 | 2.01 | 2.00 | 1.94 | 1.84 | 1.87 | 1.73 | 1.69 |
| Interest | 2.10 | 1.69 | 2.16 | 2.67 | 2.40 | 2.45 | 2.54 | 2.22 |
| Profit before tax | 69.98 | 17.95 | 100 | 39.88 | 68.70 | 10.61 | 83.34 | 39.54 |
| Tax | (4.34) | 4.68 | (42.85) | 2.31 | 1.85 | 1.60 | 0.72 | 2.96 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 938 | 917 | 935 | 1,066 | 877 | 814 | 850 | 977 |
| Revenue growth (YoY) | +7.0% | +12.7% | +10.0% | +9.1% | +10.2% | +7.6% | - | - |
| Other income | 8.20 | 5.31 | 12.72 | 5.12 | 10.53 | 13.07 | 8.28 | 2.29 |
| EBITDA | 68.05 | 96.73 | 83.42 | 136 | 77.59 | 61.54 | 62.30 | 110 |
| EBITDA margin | +7.3% | +10.5% | +8.9% | +12.7% | +8.8% | +7.6% | +7.3% | +11.2% |
| Depreciation | 26.92 | 26.63 | 27.92 | 25.21 | 24.45 | 25.29 | 25.49 | 25.80 |
| Interest | 4.90 | 4.54 | 4.31 | 3.72 | 3.41 | 3.50 | 3.83 | 3.98 |
| Profit before tax | 44.43 | 70.87 | 63.91 | 112 | 60.26 | 45.82 | 41.26 | 82.20 |
| Tax | 2.71 | 14.49 | (27.23) | 22.07 | 12.69 | 8.18 | 7.17 | 18.38 |
| Net profit | 41.72 | 56.38 | 91.14 | 89.81 | 47.57 | 37.64 | 34.09 | 63.82 |
| EPS (₹) | 2.45 | 3.33 | 5.40 | 5.32 | 2.82 | 2.24 | 2.02 | 3.79 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,692 | 3,380 | 3,041 | 2,691 | 2,752 | 2,540 | 1,986 |
| Revenue growth | +9.2% | +11.1% | +13.0% | -2.2% | +8.4% | +27.9% | - |
| Other income | 70.96 | 28.04 | 26.63 | 27.63 | 54.74 | 17.70 | 14.53 |
| Total expenses | 3,363 | 3,090 | 2,781 | 2,491 | 2,476 | 2,170 | 1,725 |
| Employee cost | 617 | 600 | 572 | 515 | 509 | 436 | 358 |
| EBITDA | 329 | 289 | 260 | 200 | 277 | 370 | 262 |
| EBITDA margin | +8.9% | +8.6% | +8.6% | +7.4% | +10.1% | +14.6% | +13.2% |
| Depreciation | 103 | 102 | 93.39 | 77.75 | 54.81 | 39.14 | 31.36 |
| Interest | 14.94 | 14.94 | 11.71 | 8.20 | 6.10 | 4.63 | 8.65 |
| Profit before tax | 282 | 200 | 182 | 141 | 271 | 344 | 236 |
| Tax | 15.72 | 47.03 | 55.22 | 36.16 | 33.44 | 72.41 | 46.08 |
| Net profit | 268 | 152 | 134 | 105 | 213 | 272 | 189 |
| Net profit margin | +7.3% | +4.5% | +4.4% | +3.9% | +7.8% | +10.7% | +9.5% |
| EPS (₹) | 15.93 | 9.23 | 7.73 | 6.37 | 14.51 | 83.53 | 58.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 33.40 | 33.22 | 33.11 | 32.98 | 32.76 | 32.54 | 32.28 |
| Reserves & surplus | 1,615 | 1,317 | 1,225 | 1,168 | 1,094 | 931 | 719 |
| Shareholders' funds (net worth) | 1,648 | 1,350 | 1,258 | 1,201 | 1,127 | 964 | 751 |
| Minority interest | 0.00 | 0.00 | 0.53 | 1.71 | 1.53 | (0.02) | 0.00 |
| Secured loans | 102 | 112 | 106 | 115 | 99.48 | 91.72 | 64.43 |
| Unsecured loans | 314 | 116 | 112 | 78.69 | 65.28 | 32.77 | 37.31 |
| Total debt | 416 | 228 | 218 | 193 | 165 | 124 | 102 |
| Total liabilities | 2,074 | 1,589 | 1,485 | 1,401 | 1,297 | 1,093 | 857 |
| Assets | |||||||
| Gross block | 1,233 | 989 | 971 | 784 | 670 | 325 | 291 |
| Net block | 699 | 566 | 616 | 507 | 467 | 163 | 154 |
| Capital work in progress | 25.60 | 10.68 | 5.69 | 4.88 | 26.66 | 29.32 | 8.58 |
| Investments | 19.04 | 116 | 128 | 34.29 | 84.17 | 280 | 81.73 |
| Inventories | 811 | 701 | 596 | 643 | 619 | 446 | 420 |
| Sundry debtors | 340 | 324 | 313 | 240 | 232 | 167 | 135 |
| Cash & bank balances | 371 | 129 | 105 | 239 | 107 | 188 | 175 |
| Loans & advances | 147 | 119 | 77.00 | 72.51 | 93.42 | 87.14 | 74.20 |
| Total current assets | 1,669 | 1,273 | 1,091 | 1,195 | 1,051 | 889 | 805 |
| Total current liabilities | 470 | 445 | 396 | 385 | 388 | 302 | 234 |
| Net working capital | 1,200 | 827 | 695 | 810 | 663 | 587 | 570 |
| Total assets | 2,074 | 1,589 | 1,485 | 1,401 | 1,297 | 1,093 | 857 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 91.19 | 61.48 | 111 | 43.07 | 72.07 | 70.58 | 226 |
| Net cash from operating activities | 310 | 165 | 277 | 127 | 87.94 | 326 | 214 |
| Net cash from investing activities | 81.20 | (5.21) | (183) | 43.03 | (44.80) | (267) | (184) |
| Net cash from financing activities | (149) | (130) | (143) | (103) | (72.15) | (57.49) | (184) |
| Net change in cash | 242 | 29.71 | (49.10) | 67.51 | (29.00) | 1.48 | (155) |
| Closing cash | 371 | 129 | 105 | 239 | 107 | 188 | 175 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +9.2% | +11.1% | +13.0% | -2.2% | +8.4% | +27.9% | - |
| EBITDA growth | +13.7% | +11.1% | +30.5% | -27.9% | -25.3% | +41.4% | - |
| PBT growth | +40.8% | +10.0% | +28.8% | -47.8% | -21.4% | +45.6% | +25.6% |
| Net income growth | +76.0% | +14.0% | +27.2% | -50.8% | -21.5% | +43.7% | - |
| Revenue CAGR (3Y) | +11.1% | +7.1% | +6.2% | +10.7% | +14.9% | +17.4% | +11.4% |
| EBITDA CAGR (3Y) | +18.1% | +1.5% | -11.1% | -8.6% | +10.8% | +35.6% | +44.8% |
| Profitability & leverage | |||||||
| Net income margin | +7.2% | +4.5% | +4.2% | +3.9% | +8.6% | +10.7% | +9.6% |
| Return on capital employed | +16.2% | +14.0% | +13.4% | +11.1% | +20.8% | +35.8% | +30.2% |
| Return on net worth | +17.8% | +11.7% | +10.3% | +9.0% | +20.4% | +31.7% | +26.3% |
| Debt / equity | 0.21 | 0.17 | 0.17 | 0.15 | 0.14 | 0.13 | 0.12 |
| Long-term debt / equity | 0.12 | 0.07 | 0.06 | 0.05 | 0.03 | 0.03 | 0.02 |
| Interest cover | 6.62 | 7.99 | 7.01 | 6.73 | 2.75 | 1.40 | 3.75 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.32 | 3.45 | 3.47 | 3.70 | 5.53 | 8.25 | 7.76 |
| Inventory turnover | 4.88 | 5.21 | 4.91 | 4.26 | 5.17 | 5.87 | 4.87 |
| Debtors turnover | 11.13 | 10.62 | 10.99 | 11.41 | 13.81 | 16.83 | 15.73 |
| EPS (₹) | 15.93 | 9.23 | 7.73 | 6.37 | 14.51 | 83.53 | 58.95 |
| Dividend per share (₹) | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 25.00 | 33.74 |
| Book value per share (₹) | 98.66 | 81.27 | 75.98 | 72.86 | 68.79 | 296.23 | 232.78 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 177 | 158 | 136 | 145 | 140 | 142 | 171 | 190 |
| Revenue growth (YoY) | +26.8% | +10.8% | -20.4% | -23.4% | -15.3% | -4.0% | - | - |
| Other income | 59.84 | 4.96 | 103 | 33.26 | 62.62 | 9.98 | 85.97 | 30.77 |
| Total expenses | 163 | 141 | 134 | 134 | 130 | 137 | 169 | 177 |
| EBITDA | 14.32 | 16.69 | 1.80 | 11.23 | 10.32 | 4.95 | 1.64 | 12.68 |
| EBITDA margin | +8.1% | +10.6% | +1.3% | +7.7% | +7.4% | +3.5% | +1.0% | +6.7% |
| Depreciation | 2.08 | 2.01 | 2.00 | 1.94 | 1.84 | 1.87 | 1.73 | 1.69 |
| Interest | 2.10 | 1.69 | 2.16 | 2.67 | 2.40 | 2.45 | 2.54 | 2.22 |
| Profit before tax | 69.98 | 17.95 | 100 | 39.88 | 68.70 | 10.61 | 83.34 | 39.54 |
| Tax | (4.34) | 4.68 | (42.85) | 2.31 | 1.85 | 1.60 | 0.72 | 2.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 563 | 674 | 489 | 436 | 489 | 416 | 431 |
| Revenue growth | -16.4% | +37.7% | +12.1% | -10.8% | +17.6% | -3.4% | - |
| Other income | 213 | 171 | 76.70 | 100 | 102 | 45.84 | 112 |
| Total expenses | 539 | 637 | 496 | 422 | 470 | 404 | 400 |
| Employee cost | 60.89 | 65.97 | 59.04 | 58.06 | 58.89 | 45.28 | 43.54 |
| EBITDA | 23.83 | 36.78 | (7.22) | 14.46 | 19.60 | 12.26 | 31.10 |
| EBITDA margin | +4.2% | +5.5% | -1.5% | +3.3% | +4.0% | +3.0% | +7.2% |
| Depreciation | 7.65 | 6.95 | 8.03 | 7.41 | 6.45 | 5.13 | 4.10 |
| Interest | 9.69 | 8.55 | 7.42 | 4.30 | 2.59 | 1.79 | 6.50 |
| Profit before tax | 219 | 193 | 54.03 | 103 | 112 | 51.18 | 133 |
| Tax | (37.10) | 8.48 | 3.77 | 2.97 | (16.59) | 4.35 | 5.32 |
| Net profit | 182 | 137 | 72.07 | 99.90 | 130 | 46.90 | 126 |
| Net profit margin | +32.3% | +20.3% | +14.7% | +22.9% | +26.5% | +11.3% | +29.3% |
| EPS (₹) | 15.36 | 11.08 | 3.04 | 6.06 | 7.87 | 14.39 | 39.46 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 33.40 | 33.22 | 33.11 | 32.98 | 32.76 | 32.54 | 32.28 |
| Reserves & surplus | 842 | 658 | 554 | 579 | 550 | 497 | 508 |
| Shareholders' funds (net worth) | 875 | 691 | 587 | 612 | 583 | 529 | 540 |
| Secured loans | 102 | 112 | 95.38 | 108 | 93.83 | 56.46 | 64.43 |
| Unsecured loans | 11.04 | 2.74 | 2.20 | 1.28 | 0.83 | 0.00 | 0.00 |
| Total debt | 113 | 115 | 97.58 | 109 | 94.66 | 56.46 | 64.43 |
| Total liabilities | 998 | 816 | 690 | 725 | 681 | 590 | 607 |
| Assets | |||||||
| Gross block | 115 | 111 | 106 | 102 | 93.56 | 79.91 | 70.58 |
| Net block | 60.73 | 62.52 | 61.74 | 64.42 | 63.18 | 55.43 | 50.88 |
| Capital work in progress | 0.14 | 0.00 | 0.00 | 0.21 | 0.47 | 5.22 | 8.14 |
| Investments | 394 | 334 | 303 | 307 | 302 | 293 | 298 |
| Inventories | 173 | 141 | 147 | 121 | 114 | 118 | 107 |
| Sundry debtors | 202 | 211 | 104 | 147 | 137 | 59.55 | 45.78 |
| Cash & bank balances | 63.61 | 66.91 | 56.49 | 50.73 | 39.75 | 54.97 | 78.62 |
| Loans & advances | 92.49 | 75.06 | 69.08 | 75.29 | 62.62 | 43.68 | 50.54 |
| Total current assets | 530 | 494 | 377 | 394 | 354 | 277 | 282 |
| Total current liabilities | 72.57 | 106 | 79.14 | 74.94 | 71.36 | 50.83 | 43.37 |
| Net working capital | 458 | 388 | 298 | 319 | 283 | 226 | 239 |
| Total assets | 998 | 816 | 690 | 725 | 681 | 590 | 607 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 38.39 | 21.19 | 23.03 | 15.56 | 31.51 | 16.73 | 180 |
| Net cash from operating activities | 2.28 | 5.67 | 70.43 | 16.43 | (20.98) | 6.52 | (41.25) |
| Net cash from investing activities | 102 | 97.08 | 39.84 | 65.04 | 56.55 | 81.79 | 44.45 |
| Net cash from financing activities | (105) | (85.55) | (112) | (74.00) | (51.52) | (73.54) | (167) |
| Net change in cash | (1.57) | 17.20 | (1.84) | 7.47 | (15.95) | 14.78 | (164) |
| Closing cash | 63.61 | 66.91 | 56.49 | 50.73 | 39.75 | 54.97 | 78.62 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -16.4% | +37.7% | +12.1% | -10.8% | +17.6% | -3.4% | - |
| EBITDA growth | -35.2% | +609.4% | -149.9% | -26.2% | +59.9% | -60.6% | - |
| PBT growth | +14.0% | +256.3% | -47.5% | -8.4% | +119.4% | -61.4% | +225.1% |
| Net income growth | +32.9% | +90.1% | -27.9% | -22.9% | +176.1% | -62.8% | - |
| Revenue CAGR (3Y) | +8.9% | +11.3% | +5.6% | +0.4% | +0.6% | -4.0% | -3.7% |
| EBITDA CAGR (3Y) | +18.1% | +23.3% | - | -22.5% | -21.0% | -31.9% | -6.9% |
| Profitability & leverage | |||||||
| Net income margin | +45.6% | +27.3% | +10.3% | +22.9% | +26.4% | +11.3% | +29.6% |
| Return on capital employed | +17.5% | +20.7% | +12.0% | +15.3% | +18.1% | +8.9% | +22.5% |
| Return on net worth | +23.3% | +21.5% | +12.0% | +16.7% | +23.2% | +8.8% | +23.1% |
| Debt / equity | 0.15 | 0.17 | 0.17 | 0.17 | 0.14 | 0.11 | 0.12 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 59.89 | 28.66 | -48.66 | 60.99 | 19.70 | 25.11 | 24.07 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.98 | 6.20 | 4.70 | 4.47 | 5.64 | 5.53 | 6.58 |
| Inventory turnover | 3.60 | 4.68 | 3.65 | 3.71 | 4.20 | 3.69 | 4.30 |
| Debtors turnover | 2.73 | 4.27 | 3.90 | 3.07 | 4.97 | 7.90 | 8.41 |
| EPS (₹) | 15.36 | 11.08 | 3.04 | 6.06 | 7.87 | 14.39 | 39.46 |
| Dividend per share (₹) | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 25.00 | 33.74 |
| Book value per share (₹) | 52.39 | 41.60 | 35.45 | 37.12 | 35.60 | 162.70 | 167.29 |
To see the full year-wise statements and ratios of Vaibhav Global Limited, buy the company report.
Board of directors of Vaibhav Global Limited
Vaibhav Global has 8 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pulak Chandan Prasad | Director | 29 Oct 2013 | 13 Years 0 Months | Current |
| Sunil Agrawal Also directs: Brett Enterprises Private Limited | Managing Director | 08 May 1989 | 37 Years 6 Months | Current |
| Harsh Bahadur | Director | 26 Sep 2015 | 11 Years 1 Months | Current |
| Sanjeev Agrawal Also directs: Stone Age Private Limited, Stone Age Bundi Private Limited, Orvi Surfaces Private Limited and 1 more | Director | 29 Oct 2020 | 6 Years 0 Months | Current |
| Stephanie Renee Spong | Director | 06 Sep 2021 | 5 Years 2 Months | Current |
| Sheela Agarwal Also directs: Brett Enterprises Private Limited, Orvi Surfaces Private Limited, Shree Ram Krishna Stonex LLP and 2 more | Director | 10 Nov 2008 | 18 Years 0 Months | Current |
Peer comparison
Vaibhav Global Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Lifestyle and Accessories Manufacturers, Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vaibhav Global Limitedthis company | ₹3,691.79 Cr (FY 2026) | ₹267.83 Cr | 7.3% | 9.2% | 1,099 | Jaipur, Rajasthan, India |
| Sky Gold and Diamonds Limited | ₹3,580.98 Cr (FY 2025) | 105.0% | Navi Mumbai, Maharashtra, India | |||
| Rosy Blue (India) Private Limited | ₹3,485.69 Cr (FY 2025) | -22.0% | Mumbai, Maharashtra, India | |||
| Sheetal Manufacturing Company Private Limited | ₹3,426.28 Cr (FY 2025) | -24.0% | Mumbai, Maharashtra, India | |||
| Jewelex India Private Limited | ₹3,327.64 Cr (FY 2024) | -15.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vaibhav Global Limited, buy the company report.
Auditor
Vaibhav Global Limited is audited by BSR & CO. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & CO. LLP | FY 2025 | 101248W/W-100022 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 57.30%, foreign institutional investors hold 16.70%, domestic institutional investors hold 2.20% and retail and other public shareholders hold 23.80%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 57.30% | 57.40% | 57.10% | 57.20% |
| Public | 42.70% | 42.60% | 42.90% | 42.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2026 | 101264137 | Others | ₹8 Cr | Open | |
| 18 Jan 2023 | 100670005 | Yes Bank Limited | ₹45 Cr | Open | |
| 16 Jan 2023 | 100670633 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 19 Aug 1994 | 90069763 | Others | ₹118 Cr | Open | |
| 30 Jul 2018 | 100205349 | Hdfc Bank Limited | ₹35 Cr | Satisfied |
To see the full charge records of Vaibhav Global Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Vaibhav Global Limited has 81 deals on record (74 market trades, 5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹138.54 Cr; the latest was in October 2025.
Deals on record (5 of 81)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Market trade | ₹27.45 Cr | Buyer: NK Securities Research Private Limited Seller: NK Securities Research Private Limited |
| Aug 2024 | Market trade | ₹36.71 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jan 2024 | Market trade | ₹46.95 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jun 2019 | Market trade | ₹74.18 Cr | Buyer: Motilal Oswal Multicap 35 Fund, Motilal Oswal Most Focused Multicap 35 Fund Seller: Brett Enterprises Private Limited , 2 individuals |
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: Motilal Oswal Multicap 35 FUnd Seller: Brett Enterprises Private Limited , 3 individuals |
To see the full deal history of Vaibhav Global Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vaibhav Global Limited has 90 court cases on record: 35 filed by Vaibhav Global, 55 filed against it. 22 cases are pending and 68 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 55 | 25 | 15 |
| District courts | 26 | 22 | 3 |
| Supreme Court | 9 | 8 | 4 |
Cases on record (5 of 90)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Tax appeal | Filed against the company by The Principal Commissioner of Income Tax, | Pending |
| High Court of Rajasthan | Court case (CMCC) | Filed against the company by The Principal Commissioner of Income Tax | Pending |
| Supreme Court | Court case | Filed against the company by Assistant Commissioner of Income Tax | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Assistant Commissioner of Income Tax Central Circle 4 | Pending |
| Supreme Court | Court case | Filed against the company by Assistant Commissioner of Income Tax Central Circle 4 | Pending |
To see the full case history of Vaibhav Global Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Vaibhav Global Limited was last rated by Care on 02 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 02 Sep 2022 |
To see the full credit ratings and regulatory alerts of Vaibhav Global Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vaibhav Global Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Vaibhav Global has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Vaibhav Lifestyle Limited, India | U17299RJ2020PLC072409 | |
| Encase Packaging Private Limited, India | U21000AP2021PTC119871 | |
| Vaibhav Vistar Limited, India | U36995RJ2020PLC072361 |
To see the full group structure of Vaibhav Global Limited, buy the company report.
Employees & EPFO
Vaibhav Global Limited has a workforce of 1,099 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,099 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Vaibhav Global Limited, buy the company report.
GST
Vaibhav Global has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACV4679F1Z2 | Rajasthan | Active | 01 Jul 2017 |
| 08AAACV4679F2Z1 | Rajasthan | Active | 07 Jul 2017 |
| 08AAACV4679F3Z0 | Rajasthan | Active | 26 Jun 2020 |
| 27AAACV4679F1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vaibhav Global Limited, buy the company report.
Recent activity
Vaibhav Global Limited has 53 board changes on record since 1989: 31 appointments and 22 cessations. The latest: Prakash Chandra Parwal was appointed as Director on 07 Mar 2025.
96 earlier events are in the company report.
News
Frequently asked questions
Vaibhav Global is an active public limited company based in Jaipur, Rajasthan, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 08 May 1989 (37+ years old) and is registered under CIN L36911RJ1989PLC004945. Listed on BSE: 532156 and NSE: VAIBHAVGBL.
Vaibhav Global reported revenue of ₹3,691.79 Cr for FY 2025-26 (up 9.2% YoY) based on consolidated financials.
Vaibhav Global has 8 current directors:
- Sunil Agrawal - Managing Director
- Pulak Chandan Prasad - Director
- Harsh Bahadur - Director
- Sanjeev Agrawal - Director
- Stephanie Renee Spong - Director
- Sheela Agarwal - Director
- Prakash Chandra Parwal - Director
- Jason Charles Goldberg - Director
The latest financial statements of Vaibhav Global on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 05 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vaibhav Global is 08AAACV4679F1Z2, registered in Rajasthan. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 08AAACV4679F2Z1 (Rajasthan), 08AAACV4679F3Z0 (Rajasthan), 27AAACV4679F1Z2 (Maharashtra).
The CIN (Corporate Identification Number) of Vaibhav Global is L36911RJ1989PLC004945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Vaibhav Global is a listed company as per MCA records. Its shares are listed on both BSE (code: 532156) and NSE (symbol: VAIBHAVGBL).
Vaibhav Global has 90 court cases on record: 35 filed by the company and 55 filed against it. 22 are pending. Most are in the high courts.
Vaibhav Global was incorporated on 08 May 1989, making it 37+ years old. It is registered with the Registrar of Companies, Jaipur.
Vaibhav Global has 81 deals on record (74 market trades, 5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹138.54 Cr; the latest was in October 2025.
The peers of Vaibhav Global by revenue are Sky Gold and Diamonds Limited, Rosy Blue (India) Private Limited, Sheetal Manufacturing Company Private Limited, Jewelex India Private Limited, all in the Consumer Products industry (Lifestyle and Accessories Manufacturers, Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing).

