Vaibhav Global Limited has announced its audited financial results for the quarter and year ended 31 March 2026. The company reported a 73.7% increase in consolidated net profit for the fiscal year to ₹266.1 crore, driven by operational efficiency and digital expansion. Q4 FY26 EBITDA margin expanded to 10.3% from 8.3% in the same quarter of the previous year, reflecting sustained improvement in profitability.

For the financial year ended 31 March 2026, the company reported a consolidated net profit of ₹266.1 crore, compared to ₹153.1 crore in the previous year. Revenue from operations for the year stood at ₹3,692 crore, up 9.2% from ₹3,380 crore in FY25. The company's EBITDA for the year grew by 25.9% to ₹399.5 crore, with EBITDA margins expanding to 10.8%.

The fourth quarter of FY26 saw the company report a net profit of ₹91.1 crore, a 167.3% increase from ₹34.1 crore in the same quarter of the previous year. Revenue from operations for the quarter ended 31 March 2026 was ₹935 crore, a 10% increase from ₹850 crore in Q4 FY25. The company's profit for the period was supported by a gross margin improvement of 178 basis points to 63.9%.

Financial Highlights

The following table outlines the key consolidated financial metrics for the quarter and year ended 31 March 2026:

Segment Performance

During the quarter, the Retail Channels segment reported a revenue of ₹884 crore, a 10% increase year-on-year. The USA segment revenue grew 12% to ₹596 crore, while the UK and Europe segments grew 13% each to ₹253 crore and ₹107 crore respectively. The Manufacturing/Sourcing/Service Locations segment revenue increased 16% to ₹50 crore. Total EBITDA for the quarter rose 36% to ₹96 crore.

Dividend Declaration

The Board of Directors has recommended a final dividend of ₹1.50 per equity share for the financial year ended 31 March 2026. This is in addition to the interim dividends aggregating to ₹4.50 per share already declared and paid during the year, bringing the total dividend for the year to ₹6.00 per share. The total dividend payout amounts to approximately ₹100 crore. The Board has fixed Friday, 26 June 2026 as the record date for the payment of the final dividend.

Operational Performance

The company's digital revenue mix increased to 45% in Q4 FY26 from 43% in the corresponding period last year. In-house brands contributed 53% to the B2C revenue mix during the quarter, up from 31% in Q4 FY25. The company maintained a net cash position of ₹334 crore as of 31 March 2026. Additionally, the company reported an ROCE of 23.5% and an ROE of 14.9% for the quarter.

Outlook and Guidance

Looking ahead to FY27, the company expects revenue growth of 9% to 11% and an improvement in EBITDA margin of 50 to 100 basis points. The management highlighted that Germany has turned EBITDA positive for the full year and is expected to contribute to group profitability from FY27 onwards. The company generated its highest ever free cash flow of ₹272 crore in FY26.

Vaibhav Global Limited has scheduled a virtual meeting with Bheda Family Office on May 27, 2026, to engage in a one-on-one interaction. The session is set to commence at 11:00 am IST. This meeting is part of the company's routine engagement with investors and analysts.

The company stated that no unpublished price-sensitive information (UPSI) will be shared during the discussion. It also noted that any unforeseen exigency on the part of the company or the host may result in a change to the scheduled date or time.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted to the National Stock Exchange of India Limited and BSE Limited on May 26, 2026.

Meeting Details