Get 50% OFF This Summer!
Vaibhav Global
No Data Available
No Stocks
Unlock Smart Score
See Detailed Analysis & Insights
Unlock Insights
See Detailed Analysis & Insights
No Research Report
ROE
Avg ROE (3 Yrs) : NaN%
ROCE
Avg ROCE (3 Yrs) : NaN%
ROA
Avg ROA (3 Yrs) : NaN%
NPM
Avg NPM (3 Yrs) : NaN%
No Data Available
Unlock Management Data
See Detailed Analysis & Insights
Vaibhav Global Limited (VGL) (Formerly known Vaibhav Gems Limited) was incorporated in May 08th, 1989 at Jaipur. Later, the name of Company was changed from 'Vaibhav Gems Limited' to 'Vaibhav Global Limited' vide Certificate of Incorporation issued by Registrar of Companies, Rajasthan, on November 29, 2012.
The Company is a vertically integrated fashion retailer with nearly four decades of industry experience. The Company is a global digital retailer of fashion jewellery, gemstones, lifestyle products, home décor, beauty care, hair care, apparels and accessories on TV and Digital platforms. It has a multi-channel presence across wellintegrated platforms, comprising 24x7 proprietary TV homeshopping channels, OTA platforms, e-commerce websites, mobile apps, OTT platforms, social media platforms and third-party marketplaces. The supply chain is spread over 30 countries, while retail operations are in the US, UK and Germany.
The Company started as a Gemstone manufacturer and then in 1996-97, as a forward integration, the Company came out with IPO to establishing a world-class jewelry-manufacturing unit for export of gem-studded gold jewelry. First unit was set up at Adarsh Nagar, Jaipur in 1997. In the year 1999, it set up a new 100% Export Oriented Unit at Export Promotion Industrial Area, Sitapura, Jaipur. In 2002, it installed an Italian micro-weight gold chain manufacturing plant.
In order to further forward integrate, in April 2006 VGL ventured into Electronic retail in UK starting a live TV Shopping Channel and Ecommerce operation- The Jewellery Channel Ltd., in London. Seeing the success of the model, VGL opened another TV Shopping Channel and Ecommerce operation - Liquidation Channel, in Austin, Texas to address US market. Such vertical model allowed VGL to offer unparallel values to customers, thus rapidly capturing market share in both UK and USA. Currently The Jewelry Channel UK is broadcasting in approx 30Million Households in UK and Liquidation Channel in approx 55 Million HH's in US.
On October 12, 2007, Nalanda India Fund Limited, one of the reputed private equity funds, invested Approx USD 25 million in the Company.
VGL has received highest Export Award (Colored Gemstone Category) for the 15th time, 12th time in succession. VGL today is one of the largest exporters of colored gemstones from India, and also the one of the largest exporter of studded jewelry. CNBC, Country's most reputed business news channel, has awarded 'Emerging India Award 2006' to the company in Gem and Jewellery category. VGL has been short listed for the 3rd time in Succession for adopting good corporate governance practices, for the ICSI National Corporate Governance Award.
In 2015, Company strengthened the non-jewellery offering and added new products like Home Décor, Beauty Care and Hair Care products. Onwards 2017, it strengthened TV network reach through Over-The-Air (OTA) platforms, and also augmented their digital sales network through mobile applications, Over-the-Top (OTT) platforms, Marketplaces, and the Social Media.
During year 2018, pursuant to Scheme of Arrangement/ Merger approved by Hon'ble NCLT, Mumbai Bench, Sonymike's Holdings Limited, a Promoter Group Entity of Vaibhav Global Limited, holding 99,18,640 Equity Shares representing 30.43% shareholding/ voting capital of the Company, got merged with Brett Enterprises Pvt. Ltd. (formerly: Brett Plastics Pvt. Ltd.) effective from 29th May, 2018. The Shareholding of Brett Enterprises Pvt. Ltd. increased from 83,34,124 Equity Shares, representing 25.56% shareholding/ voting capital of the Company, to 1,82,52,764 Equity Shares, representing 55.99% of shareholding /voting capital of the Company and consequently, Brett Enterprises Pvt. Ltd. became the Holding Company of Vaibhav Global Limited.
During the year 2020-21, Vaibhav Vistar Limited, a 100% subsidiary of the Company was incorporated on 2 December 2020. Vaibhav Lifestyle Limited, a 75% subsidiary of the Company was incorporated on 5 December 2020.
During year 2021-22, Company acquired the entire capital of Shop LC GmbH from Shop TJC Limited, UK, a stepdown subsidiary of the Company and pursuant to said acquisition, the Shop LC GmbH, Germany became a direct wholly-owned subsidiary of the Company. It acquired 25% of shareholding of Vaibhav Lifestyle Limited from existing Shareholders of the Company on 31 March, 2022. It acquired 60% equity capital of the Company on 15 March, 2022 and became subsidiary of the Company.
On 15 March, 2022, the Parent Company had acquired 60% stake in Encase Packaging Private Limited.
Vaibhav Global share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.
Market capitalization of Vaibhav Global indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Vaibhav Global is valued compared to its competitors.
Vaibhav Global PE ratio helps investors understand what is the market value of each stock compared to Vaibhav Global 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.
The PEG ratio of Vaibhav Global evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.
Return on Equity (ROE) measures how effectively Vaibhav Global generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.
Return on Capital Employed (ROCE) evaluates the profitability of Vaibhav Global in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.
Total debt of Vaibhav Global shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.
The Debt-to-Equity (DE) ratio of Vaibhav Global compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.
CAGR shows the consistent growth rate of Vaibhav Global over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.
Technical analysis of Vaibhav Global helps investors get an insight into when they can enter or exit the stock. Key components of Vaibhav Global Technical Analysis include:
There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.
There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Vaibhav Global shares often struggle to rise above due to selling pressure.
Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Vaibhav Global ’s financial health and profitability.
Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.
Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.
The financials of Vaibhav Global provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.
The profit and loss statement of Vaibhav Global highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Vaibhav Global .
The balance sheet presents a snapshot of Vaibhav Global ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.
Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.
Download the App