| Scrip Code | 532156 |
|---|---|
| NSE Symbol | VAIBHAVGBL |
| MSEI Symbol | NOTLISTED |
| ISIN | INE884A01027 |
| Name of company | Vaibhav Global Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 04-08-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 20-07-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Geographical |
| Description of single segment | |
| Start date and time of board meeting | 04-08-2026 15:30:00 |
| End date and time of board meeting | 04-08-2026 20:00:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 91,707.34 | 91,707.34 | |
| Other income | 531.34 | 531.34 | |
| Total income | 92,238.68 | 92,238.68 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 9,863.73 | 9,863.73 |
| (b) | Purchases of stock-in-trade | 21,692.69 | 21,692.69 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (4,127.88) | (4,127.88) |
| (d) | Employee benefit expense | 15,287.61 | 15,287.61 |
| (e) | Finance costs | 454.29 | 454.29 |
| (f) | Depreciation, depletion and amortisation expense | 2,662.96 | 2,662.96 |
| (f) | Other Expenses | ||
| 1 | Other expenses | 39,317.99 | 39,317.99 |
| Total other expenses | 39,317.99 | 39,317.99 | |
| Total expenses | 85,151.39 | 85,151.39 | |
| 3 | Total profit before exceptional items and tax | 7,087.29 | 7,087.29 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 7,087.29 | 7,087.29 |
| 6 | Tax expense | ||
| 7 | Current tax | 2,296.95 | 2,296.95 |
| 8 | Deferred tax | (847.92) | (847.92) |
| 9 | Total tax expenses | 1,449.03 | 1,449.03 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 5,638.26 | 5,638.26 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 5,638.26 | 5,638.26 |
| 17 | Other comprehensive income net of taxes | (44.38) | (44.38) |
| 18 | Total Comprehensive Income for the period | 5,593.88 | 5,593.88 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 5,638.26 | 5,638.26 | |
| Total profit or loss, attributable to non-controlling interests | 0.00 | 0.00 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 5,593.88 | 5,593.88 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 3,346.01 | 3,346.01 | |
| Face value of equity share capital | 2 | 2 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 3.37 | 3.37 | |
| Diluted earnings (loss) per share from continuing operations | 3.33 | 3.33 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 3.37 | 3.37 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 3.33 | 3.33 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | Notes: 1) The above statement of unaudited consolidated financial results for the quarter ended 30 June 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 04 August 2026. These statement of unaudited financial results have been reviewed by the Statutory Auditors of Vaibhav Global Limited (“Parent Company”). 2) These statement of unaudited consolidated financial results have been prepared in accordance with Indian Accounting Standards ('Ind AS') prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. 3) The unaudited consolidated financial results include the financial results of the Parent Company and the financial results of the following subsidiaries and step-down subsidiaries (collectively referred to as ‘the Group’): A. VGL Retail Ventures Limited, Mauritius a. Shop TJC Limited, UK i. Shop LC Global Inc., USA ii. Mindful Souls BV, Netherlands B. STS Global Supply Limited, Hong Kong a. Pt. STS Bali, Indonesia b. STS (Guangzhou) Trading Limited, China C. STS Jewels Inc., USA D. STS Global Limited, Thailand E. STS Global Limited, Japan F. Vaibhav Lifestyle Limited, India G. Shop LC GmbH, Germany H. Vaibhav Global Employee Stock Option Welfare Trust 4) The Parent Company has allotted 276,874 equity shares having face value of Rs. 2/- each for the quarter ended 30 June 2026, under the Company's various Employees Stock Option Benefit Schemes through Vaibhav Global Employee Stock Option Welfare Trust at exercise price ranging from Rs. 2.00 - Rs. 188.95. 5) Item exceeding 10% of total expenditure (included in other expenses):Amount in Rs. lakhs Particulars Quarter ended Year ended 30-June-26 31-Mar-26 30-June-25 31-Mar-26 Content and broadcasting expenses 19,654.98 18,910.53 16,502.55 72,443.02 6) The Board of Directors of the Parent Company has declared interim dividend of Rs. 1.50/- per fully paid-up equity share of Rs. 2/- each. The Company has fixed 12 August 2026 as the record date for payment of interim dividend on equity share. The said interim dividend will be credited/dispatched to the respective equity shareholders within 30 days of the declaration of dividend. 7) The figures for the preceding quarter ended 31 March 2026 are the balancing figures between the audited figures in respect of the full previous financial year and published year to date figures up to 31 December 2025 of previous financial year. Also, the figures up to the end of third quarter of the respective year were only reviewed and not subjected to audit. 8) During the year ended 31 March 2026, certain subsidiaries of the Group operating in the United States of America (‘USA’) had paid import tariffs aggregating to USD 4.59 million (Rs. 4,338.55 lakhs) pursuant to measures introduced under the International Emergency Economic Powers Act (IEEPA). The U.S. Supreme Court in due course ruled that such tariffs were not authorised under IEEPA, and the U.S. Court of International Trade directed the USA government to refund the tariffs so collected. However, in the absence of a mechanism for such refunds, in line with the principles of Ind AS 37 “Provisions, Contingent Liabilities and Contingent Assets” and considering the nature of this matter, the ultimate outcome of the refund claims, including acceptance and related disbursements was considered possible at that stage. Accordingly, the above amount had been considered as a contingent asset. During the current quarter, the mechanism for such refund was formulated pursuant to which the aforesaid subsidiaries have filed refund claims with the relevant authorities and authorities acknowledged the refund of INR 4,009.56 lakhs (USD 4.22 million) along with interest of Rs 148.04 lakhs (USD 0.16 million). The Company has been legally advised that the probability of any further litigation on this matter is remote and accordingly Rs. 2,559.15 lakhs (USD 2.69 million) in relation to items which have already been sold, recorded as other operating revenue. Further, Rs. 1,280.75 lakhs (USD 1.35 million) has been reduced from stock lying as at 30 June 2026 against which such refund received, Rs. 169.67 (USD 0.18 million) has been recorded in the provisions and INR 148.04 lakhs (USD 0.16 million) interest income has been disclosed as other income in these financial results. Further, the Company has also paid tariffs aggregating to USD 1.5 million approx. under section 122 of the Trade Tariff act during the period 24 February 2026 till 24 July 2026. On 7 May 2026, the U.S. Court of International Trade (CIT) ruled in a 21 decision that the 10% Section 122 tariffs imposed under Presidential Proclamation No. 11012 are unlawful. On 11 June 2026, the U.S. Court of Appeals for the Federal Circuit has granted the US federal government’s request to stay the CIT injunction pending appeal. As a result, the US government continued collecting the 10% Section 122 tariffs up until 24 July 2026 while the appeal proceeds before the merits panel. In line with the principles of Ind AS 37 “Provisions, Contingent Liabilities and Contingent Assets” the ultimate outcome of the refund, if any, are not considered probable at this stage and will be accounted for in future periods subject to the conclusion of this matter by the US courts. 9) Segment information as per Ind AS – 108, ‘Operating Segment’ is disclosed in Annexure – I. |
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| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | United States of America | 59,800.88 | 59,800.88 | ||||
| 2 | United Kingdom | 25,007.87 | 25,007.87 | ||||
| 3 | India | 16,293.43 | 16,293.43 | ||||
| 4 | Europe (excluding United Kingdom) | 10,602.20 | 10,602.20 | ||||
| 5 | Rest of world | 11,737.69 | 11,737.69 | ||||
| 6 | Less: Intersegment eliminations | (31,734.73) | (31,734.73) | ||||
| Total Segment Revenue | 91,707.34 | 91,707.34 | |||||
| Less: Inter segment revenue | 31,734.73 | 31,734.73 | |||||
| Revenue from operations | 59,972.61 | 59,972.61 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | United States of America | 5,831.98 | 5,831.98 | ||||
| 2 | United Kingdom | (47.48) | (47.48) | ||||
| 3 | India | 2,123.69 | 2,123.69 | ||||
| 4 | Europe (excluding United Kingdom) | (288.50) | (288.50) | ||||
| 5 | Rest of world | 857.10 | 857.10 | ||||
| 6 | Less: Intersegment eliminations | (935.21) | (935.21) | ||||
| Total Profit before tax | 7,541.58 | 7,541.58 | |||||
| i. Finance cost | 454.29 | 454.29 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 0.00 | 0.00 | |||||
| Profit before tax | 7,087.29 | 7,087.29 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | United States of America | 0.00 | 0.00 | ||||
| 2 | United Kingdom | 0.00 | 0.00 | ||||
| 3 | India | 0.00 | 0.00 | ||||
| 4 | Europe (excluding United Kingdom) | 0.00 | 0.00 | ||||
| 5 | Rest of world | 0.00 | 0.00 | ||||
| 6 | Less: Intersegment eliminations | 0.00 | 0.00 | ||||
| Total Segment Asset | 0.00 | 0.00 | |||||
| Un-allocable Assets | 0.00 | 0.00 | |||||
| Net Segment Asset | 0.00 | 0.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | United States of America | 0.00 | 0.00 | ||||
| 2 | United Kingdom | 0.00 | 0.00 | ||||
| 3 | India | 0.00 | 0.00 | ||||
| 4 | Europe (excluding United Kingdom) | 0.00 | 0.00 | ||||
| 5 | Rest of world | 0.00 | 0.00 | ||||
| 6 | Less: Intersegment eliminations | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 0.00 | 0.00 | |||||
| Un-allocable Liabilities | 0.00 | 0.00 | |||||
| Net Segment Liabilities | 0.00 | 0.00 | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurement of defined benefit plans | 47.97 | 47.97 |
| Total Amount of items that will not be reclassified to profit and loss | 47.97 | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 12.08 | 12.08 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Exchange difference on translation of foreign operations | (80.27) | (80.27) |
| Total Amount of items that will be reclassified to profit and loss | (80.27) | ||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | (44.38) | (44.38) |