Vaibhav Global Limited announced its financial results for the quarter ending March 31, 2026. The company reported a 10.0% YoY revenue growth to ₹934.7 crore and a 36.0% increase in EBITDA. Driven by digital expansion and a strong focus on in-house brands, the company achieved significant margin improvements. Management has recommended a final dividend of Rs. 1.50 per equity share, reflecting confidence in its long-term growth and capital allocation strategy.
Quarterly Financial Highlights
Vaibhav Global Limited (VGL) has delivered a robust performance for Q4 FY26 (January–March 2026). The company recorded revenue of ₹934.7 crore, marking a 10.0% year-on-year increase. Profit After Tax (PAT) stood at ₹44.4 crore, representing a growth of 30.4% compared to the same quarter last year. Notably, EBITDA margins have returned to double digits, fueled by disciplined execution and operational efficiency across the organization.
Strategic Growth Drivers
The company’s focus on in-house brands served as a primary growth lever, contributing approximately 53% to the B2C revenue mix during the quarter. This milestone allows the company to reach its long-term target ahead of schedule. Additionally, the digital revenue mix reached 44%, supported by continued investments in AI-led technologies and personalization, which have helped enhance customer engagement and marketing efficiency.
Operational and ESG Progress
VGL’s operational improvements were complemented by strong progress in key business metrics, including 6.8 lakh unique customers (TTM) and a customer retention rate sustained at 38%. Beyond financial performance, the company continues its social impact commitment through its ‘Your purchase feeds…’ program, which has donated over 112 million meals since inception. Furthermore, the company’s commitment to SBTi and an upgrade in its ICRA ESG score to ’74’ (Strong) underscore its dedication to sustainable and responsible business practices.
Outlook and Liquidity
Management expressed confidence in the company’s financial position, highlighted by a healthy net cash position of ₹296 crore. This liquidity provides the firm with flexibility for future technology investments and expansion opportunities. With operations in Germany turning positive during the quarter, the company remains well-positioned to maintain its momentum, focusing on profitable growth and value creation for its stakeholders.
Source: BSE
