Vibrant Global Capital reported a consolidated net profit of ₹174.82 lakh for the financial year ended March 31, 2026 (FY26), marking a turnaround from a loss of ₹47 lakh in FY25. The company’s standalone profit after tax (PAT) grew by 153% year-on-year to ₹199.12 lakh, driven primarily by gains on investment sales and disciplined portfolio management.

The non-deposit taking NBFC navigated significant market volatility during the fiscal year, characterized by sustained foreign portfolio investor (FPI) outflows and record promoter selling across Indian equities. In response to these headwinds, the company shifted more than 65% of its portfolio into cash and subsequently deployed the funds into gold. This strategic move delivered a return in excess of 70% over 16 months, significantly contributing to the improved financial performance reported for the period.

Financial Performance

On a consolidated basis, total income declined to ₹1,863.12 lakh from ₹2,824.28 lakh in the previous fiscal year. Despite the lower top-line, expenses contracted sharply to ₹1,672.33 lakh from ₹2,802.16 lakh, facilitating the return to profitability. The company declared an interim dividend of ₹0.65 per equity share during the year.

Strategic Positioning

Management indicated that the company is beginning to liquidate its gold position, intending to complete the exit in the near term. Proceeds from this unwind are planned to be redeployed into equities over the coming months, based on the assessment that fresh capital will return to India later in the calendar year. The board also highlighted the use of long-dated exchange-traded options as a hedging measure, which materially cushioned portfolio drawdowns during market lows.

What the Numbers Show

The divergence between consolidated and standalone results highlights the drag from subsidiary operations. While the parent entity generated strong standalone profits, consolidated income fell by 34% due to a sharp decline in revenue from the capital market segment, which dropped to ₹509.74 lakh from ₹1,490.02 lakh. This suggests that while the core investment strategy at the holding level was successful, broader group trading activities faced challenging market conditions.

Corporate Governance and Developments

The company appointed Mrs. Chhaya Ambrish Kapadia as an additional non-executive independent director effective August 10, 2026, subject to member approval at the upcoming annual general meeting. Mr. Vaibhav Garg retires by rotation and seeks reappointment. Additionally, the board approved the acquisition of a 65% equity stake in The Private Reserve Capital Pvt. Ltd., expanding its presence in portfolio management services and wealth advisory.

Vibrant Global Capital Limited has fixed September 22, 2026, as the cut-off date for determining shareholders entitled to remote e-voting at its upcoming Annual General Meeting. The company issued this intimation on September 4, 2026, in compliance with Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The 31st AGM is scheduled for Tuesday, September 29, 2026, at 11:30 am. The meeting will be conducted through Video Conferencing or Other Audio Visual Means (OAVM). Shareholders entitled to vote can cast their ballots electronically via National Securities Depository Limited (NSDL) from Thursday, September 24, 2026, at 9:00 am to Monday, September 28, 2026, at 5:00 pm.

Meeting Details

The company also announced the closure of its Register of Members and Share Transfer Books from September 25, 2026, to September 29, 2026, coinciding with the AGM date. This disclosure was published in Freepress Journal and Navshakti newspapers.

Agenda and Resolutions

The agenda includes ordinary business items such as the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Shareholders will also vote on the reappointment of Mr. Vaibhav Garg as a director retiring by rotation.

Special business resolutions include the appointment of Mrs. Chhaya Ambrish Kapadia as a Non-Executive Independent Director for five years, effective from August 10, 2026. Additionally, the board seeks approval for the reappointment of Mr. Vinod Kumar Garg as Managing Director for five years, starting September 29, 2026. As Mr. Garg has attained the age of 70 years, this requires a special resolution under Section 196(3)(a) of the Companies Act, 2013. The resolution states that no remuneration will be payable to him during his tenure.

Voting Procedures

Members are advised to register or update their email addresses to facilitate participation. Jalpesh Darji, Company Secretary and Compliance Officer, signed the disclosure. The registered office is located in Lower Parel, Mumbai.