VGL publishes 5th Integrated cum 37th Annual Report and ESG Report
Vaibhav Global Limited released its 5th Integrated cum 37th Annual Report and 5th Annual ESG Report for FY26, detailing a turnover of ₹ 5,63,27,60,708 and an improved ICRA sustainability rating of 74. The company targets Net Zero by 2050, reduced emissions, and invested ₹ 51.74 lakh in environmental technologies. Governance disclosures include resolved shareholder complaints and comprehensive anti-corruption policies.

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Vaibhav Global Limited has published its 5th Integrated cum 37th Annual Report and 5th Annual ESG Report for the financial year ended March 31, 2026. The reports, aligned with the International Integrated Reporting Council (IIRC) framework, reflect the company's commitment to long-term value creation and sustainable business practices under the theme 'Resilient. Responsive. Relevant.' The disclosures were signed by Company Secretary & Compliance Officer Yashasvi Pareek and submitted to the National Stock Exchange of India Limited and BSE Limited.
Vaibhav Global Limited reported a turnover of ₹ 5,63,27,60,708 and a net worth of ₹ 7,69,98,58,906 for the period. The company’s sustainability performance rating by ICRA improved to 74 (Strong) during the year. The ESG report outlines a commitment to achieving Net Zero by 2050, with near-term targets to reduce absolute Scope 1 and 2 emissions by 60% and Scope 3 emissions by 70% per unit of value added by 2035 from an FY25 base year. No fines, penalties, or settlements were paid to regulators during the financial year.
Operational and Financial Metrics
The company's primary business activity is the manufacture and export of fashion jewellery and related articles, which accounted for 91% of its turnover. Exports contributed 99% to the total turnover. The report disclosed that 8.31% of the capital expenditure in FY26 was invested in specific technologies to improve environmental and social impacts, amounting to ₹ 51.74 lakh towards EV vehicles and energy efficiency. This compares to 10.95% of capex, or ₹ 94 lakh, invested in solar panels in the previous year.
| Parameter | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Total Energy Consumed (Million Joules) | 2,05,31,143 | 2,02,15,637 |
| Total Scope 1 & 2 Emissions (Metric tonnes CO2e) | 857 | 995 |
| Total Waste Generated (Metric Tonnes) | 1.75 | 2.48 |
| Water Withdrawal (Kilolitres) | 22,060 | 24,961 |
Social and Governance Initiatives
The company reported a total workforce of 1,322 employees and 1,179 workers as of the end of the financial year. Women constituted 25% of the Board of Directors and 17.32% of the total employees. The report confirmed that 100% of permanent employees and workers were covered by health and accident insurance. The company spent 0.94% of its total revenue on well-being measures for employees and workers, up from 0.50% in the previous year.
Regarding governance, the report stated that all nine principles of the National Guidelines on Responsible Business Conduct (NGRBC) are covered by policies approved by the Board. The company received three shareholder complaints during FY26, all of which were resolved, compared to two in the previous year. The complaints pertained to the non-receipt of annual reports and dividends. The report also noted that the company has adopted a comprehensive Anti-Corruption and Anti-Bribery Policy.
Historical Stock Returns for Vaibhav Global
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.26% | +0.87% | +6.98% | +24.31% | +7.70% | -66.13% |
How will the company balance the significant reduction targets for Scope 3 emissions with its reliance on a global export supply chain?
What specific technologies will drive the planned 60% reduction in Scope 1 and 2 emissions over the next decade?
Will the increase in employee well-being spending to 0.94% of revenue be sustained as a fixed percentage in future budgets?


































