📈 Live Market Tracking
AI-Powered NSE Corporate Announcements Analysis
Vaibhav Global Q3 FY26: Revenue Crosses ₹1,000 Cr Mark; PAT Surges 41% Y-o-Y
Vaibhav Global reported a strong Q3 FY26 with consolidated revenue growing 9.1% Y-o-Y to ₹1,066 crore, surpassing the ₹1,000 crore milestone for the first time. Profit after tax (PAT) saw a significant jump of 41% to ₹90 crore, driven by gross margin expansion to 63% and operational efficiencies. The company's Germany operations turned profitable with a 6% EBITDA margin, while digital sales now contribute 42% to the total B2C revenue. Management maintained a positive outlook, guiding for 9-11% revenue growth in FY27.
Key Highlights
Consolidated revenue reached ₹1,066 crore, a 9.1% Y-o-Y growth, exceeding management guidance.
EBITDA margins expanded by 170 bps to 13.2%, with PAT growing 41% Y-o-Y to ₹90 crore.
Germany business achieved EBITDA breakeven and turned profitable with a 6% margin during the quarter.
Lab-grown diamonds (LGD) now contribute 10.7% to retail revenue with a high average selling price of $250.
Board approved a third interim dividend of ₹1.5 per equity share, representing a 28% payout.
💼 Action for Investors
Investors should take note of the significant margin expansion and the successful turnaround of the German operations. The increasing contribution of high-margin lab-grown diamonds and in-house brands suggests a sustainable improvement in profitability.
Vaibhav Global Q3 FY26: PAT Jumps 41% YoY, Revenue up 9.1% to Rs 1,066 Cr
Vaibhav Global reported a strong performance for Q3 FY26, with consolidated revenue growing 9.1% YoY to Rs 1,066 crore. Profitability improved significantly as PAT surged 41% YoY and EBITDA margins expanded to 13.2% from 11.5% in the previous year. The company demonstrated robust cash generation, with Free Cash Flow increasing 165% YoY to Rs 143 crore. Additionally, the Board declared a third interim dividend of Rs 1.50 per share, maintaining a healthy payout ratio.
Key Highlights
Revenue from operations grew 9.1% YoY to Rs 1,066 crore, with digital revenue rising 11.2% to Rs 423 crore.
EBITDA increased by 25.7% YoY to Rs 141 crore, driven by better realizations and cost efficiencies.
Free Cash Flow (FCF) surged by 165% YoY to Rs 143 crore, resulting in a net cash position of Rs 213 crore.
Unique customer base reached 706k (up 2% YoY) with a high repeat purchase rate of 22 pieces per customer on a TTM basis.
Declared a 3rd interim dividend of Rs 1.50 per share, bringing the 9M FY26 dividend payout to 43%.
💼 Action for Investors
Investors should take note of the significant margin expansion and strong free cash flow generation, which underscore the company's operational efficiency. The steady growth in digital sales and a net-cash balance sheet make it a resilient play in the global retail space.
Vaibhav Global Q3 FY26: Revenue Crosses ₹1,000 Cr Milestone, PAT Surges 41% YoY
Vaibhav Global Limited (VGL) reported a record-breaking Q3 FY26 with revenue crossing the ₹1,000 crore mark for the first time, reaching ₹1,066 crores (up 9.1% YoY). Profitability showed significant improvement with PAT jumping 41% YoY to ₹90 crores and EBITDA margins expanding by 170 bps to 13.2%. The company also declared a third interim dividend of ₹1.50 per share, representing a 28% payout. Operational efficiency was highlighted by the German market turning profitable and in-house brands contributing 48% to B2C revenue.
Key Highlights
Achieved maiden quarterly revenue of ₹1,066 crores, reflecting 9.1% YoY growth.
Profit After Tax (PAT) increased by 41% YoY to ₹90 crores.
EBITDA grew 26% YoY with margins expanding to 13.2% due to operating leverage.
In-house brands contribution to B2C revenue rose to 48% from 31% in Q3 FY25.
Strong balance sheet maintained with a net cash position of ₹213 crores and ROCE of 21%.
💼 Action for Investors
Investors should take note of the margin expansion and the turnaround in the German business as key growth drivers. The company's ability to exceed revenue guidance and maintain a healthy dividend payout makes it a strong performer in the global e-tailing space.
Vaibhav Global Sets February 3, 2026 as Record Date for 3rd Interim Dividend
Vaibhav Global Limited has officially fixed Tuesday, February 3, 2026, as the record date for its 3rd interim dividend for the financial year 2025-26. This announcement identifies the shareholders eligible to receive the dividend payout. The company is complying with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This marks the third dividend distribution for the current fiscal year, highlighting consistent shareholder returns.
Key Highlights
Record date fixed as February 3, 2026, for shareholder eligibility.
The payout pertains to the 3rd Interim Dividend for the financial year 2025-26.
Official intimation filed with NSE and BSE on January 28, 2026.
💼 Action for Investors
Investors seeking to qualify for the dividend should ensure they hold the shares in their demat account by the record date. Existing shareholders should maintain their holdings to benefit from this interim payout.
Vaibhav Global Declares ₹1.50 Interim Dividend; Approves Q3 FY26 Financial Results
Vaibhav Global's board has declared a third interim dividend of ₹1.50 per equity share for the financial year 2025-26. The company also approved its unaudited financial results for the quarter and nine months ended December 31, 2025. Additionally, the board approved the grant of 63,789 ESOPs at an exercise price of ₹176 and 5,862 RSUs at ₹2 to eligible employees. The record date for the dividend payment is set for February 3, 2026.
Key Highlights
Declared 3rd interim dividend of ₹1.50 per equity share (75% of face value).
Record date for dividend entitlement is fixed as February 3, 2026.
Granted 63,789 ESOPs at an exercise price of ₹176 with 100% vesting on Jan 1, 2028.
Granted 5,862 RSUs at an exercise price of ₹2 with a 3-year graded vesting schedule.
Approved unaudited standalone and consolidated financial results for Q3 and 9M FY26.
💼 Action for Investors
Investors should ensure they hold the shares before the February 3 record date to qualify for the ₹1.50 dividend. The ESOP exercise price of ₹176 provides a reference point for management's long-term incentive alignment.
Vaibhav Global Declares Rs 1.50 Interim Dividend; Sets Feb 3 as Record Date
Vaibhav Global's Board has declared a third interim dividend of Rs 1.50 per equity share for the financial year 2025-26. The dividend represents a 75% payout on the face value of Rs 2 per share. The company has fixed February 3, 2026, as the record date to determine shareholder eligibility, with payment expected within 30 days. Additionally, the board approved the grant of over 69,000 employee stock benefits (ESOPs and RSUs) to align employee interests with shareholders.
Key Highlights
Declared 3rd Interim Dividend of Rs 1.50 per equity share for FY 2025-26
Record date for dividend entitlement is fixed as Tuesday, February 3, 2026
Granted 63,789 ESOPs at an exercise price of Rs 176 per share
Granted 5,862 RSUs at a nominal exercise price of Rs 2 per share
Dividend payment to be completed within 30 days from the declaration date
💼 Action for Investors
Investors interested in the dividend should ensure they hold the stock before the record date of February 3, 2026. The consistent interim payouts indicate a stable cash-flow-sharing policy by the management.
Vaibhav Global Reports Q3 FY26 Results; Declares Rs 1.50 Interim Dividend
Vaibhav Global Limited has approved its financial results for the quarter ended December 31, 2025, and declared a third interim dividend of Rs 1.50 per equity share. The record date for the dividend entitlement is set for February 3, 2026, with payment expected within 30 days. Additionally, the company granted 63,789 ESOPs at an exercise price of Rs 176 and 5,862 RSUs at Rs 2 to eligible employees. This move indicates a commitment to shareholder returns and employee retention through share-based incentives.
Key Highlights
Declared 3rd interim dividend of Rs 1.50 per share on a face value of Rs 2
Set February 3, 2026, as the record date for dividend eligibility
Approved unaudited consolidated and standalone financial results for Q3 and 9M FY26
Granted 63,789 ESOPs at an exercise price of Rs 176 and 5,862 RSUs at Rs 2
ESOPs feature a 100% vesting schedule on January 1, 2028
💼 Action for Investors
Investors should note the record date of February 3 to qualify for the Rs 1.50 dividend. Monitor the detailed Q3 financial performance to assess the company's growth trajectory and margin stability in the global retail market.
Vaibhav Global's US Subsidiary Receives $2.76 Million Grant Under ERC Scheme
Vaibhav Global's US-based step-down subsidiary, SHOPLC Global Inc., has received a grant of US$ 2.76 million (approximately ₹23 crore) under the Employee Retention Credit (ERC) Scheme. This grant, part of the US CARES Act, is a fully refundable payroll tax credit designed to mitigate COVID-19 economic impacts. The $2.76 million figure is net of expenses and will provide a one-time boost to the company's cash position. The company is currently determining the exact accounting treatment for this grant in its consolidated financial statements.
Key Highlights
SHOPLC Global Inc. (USA) received a grant of US$ 2.76 million net of expenses.
The grant is part of the US Employee Retention Credit (ERC) Scheme under the CARES Act.
The amount is a fully refundable payroll tax credit intended for financial assistance.
Company is evaluating the impact on consolidated financial statements for the current period.
💼 Action for Investors
This is a positive one-time liquidity event; investors should look for its reflection in the upcoming quarterly consolidated earnings. No change in long-term fundamental outlook is required based solely on this grant.