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Vaibhav Global (VAIBHAVGBL) investor relations material
Vaibhav Global Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record consolidated quarterly revenue of INR 1,066 crore (Rs. 87,731.61 lakhs), up 9.1% YoY, with EBITDA margin at 13.2% and PAT up 41% YoY, surpassing guidance despite challenging macroeconomic conditions.
Unique customer base reached 706,000, up 2% YoY; digital channels contributed 42% of B2C revenue, with in-house brands at 48% of sales.
Board approved a third interim dividend of INR 1.5 per share (28% payout), with total dividend for nine months at Rs. 4.50 per share.
Achieved GPTW® global certification, ICRA ESG rating of 73, and implemented AI and automation across operations.
63,789 ESOPs and 5,862 RSUs granted to employees; 198,125 equity shares allotted under ESOP schemes.
Financial highlights
Gross margin improved to 63%, up 170 bps YoY; EBITDA margin at 13.2%; PAT for the quarter at INR 90 crore (Rs. 8,980.42 lakhs).
Operating cash flow was INR 160 crore; free cash flow at INR 143 crore; net cash position of INR 213 crore.
TV revenues grew 7.7% YoY to INR 589 crore; digital revenue rose 11.2% YoY to INR 423 crore.
Lifestyle products contributed 35% of total sales, targeting 50% medium-term.
Basic EPS for the quarter was Rs. 5.39; total comprehensive income at Rs. 10,166.35 lakhs.
Outlook and guidance
FY 2026-2027 revenue growth expected at 9%-11%, with EBITDA margin guidance of 10.5%-11%.
Digital and in-house brand sales to reach 50% by FY 2027; Germany expected to contribute positively to group EBITDA from FY 2027.
Management does not anticipate liability from ongoing tax proceedings and is monitoring regulatory changes, including new labor codes.
Focus remains on profitable customer acquisition, retention, and operational leverage.
Social initiatives aim to serve 1mn meals per school day by FY40.
- TimeTickerHeadlineOpen
- 6 FebSPKSJF
Record income, strong growth, and robust capital position despite lower interest income. - 6 FebISCTR
Net profit hit TL 67.4 billion in 2025, with strong NIM, fee growth, and solid 2026 outlook. - 6 FebSCW
73% revenue growth and record backlog driven by new space contracts and strategic investments. - 6 FebCDP
2025 FFO/share rose 5.8% with strong leasing and retention; 2026 guidance signals further growth. - 6 FebSCW
Revenue at 15.86 mln PLN, backlog 17.14 mln PLN, and major space contracts drive 2025 outlook. - 6 FebPENG
All proposals passed, with no questions raised during the Q&A session. - 6 FebSCW
Q2 2024 revenue up 115% y/y, backlog nearly doubled, Space segment leads growth. - 6 FebPECO
2026 FFO per share growth guided at 5.5% with record occupancy and strong acquisitions. - 6 FebSCW
Q2 2025 revenue surged 120% y/y, driven by a record Asian contract and a tripled backlog. - 6 FebSCW
Q1 2025 revenue jumped 97% year-over-year, with strong backlog and major new contracts secured.
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