Vaibhav Global

₹367.9 -8.9 | 2.4%

WEBSITE BSE:532156 NSE : VAIBHAVGBL 10 May, 16:01

Market Cap ₹6094 Cr.

Stock P/E 46.8

P/B 4.8

Current Price ₹367.9

Book Value ₹ 76.7

Face Value 2

52W High ₹543.1

Dividend Yield 1.63%

52W Low ₹ 295

Edit Ratio

Vaibhav Global Research see more...

Vaibhav Global Limited: Healthy financial profile and favorable sectoral dynamics should lend support

Q3FY23 Earnings Highlights of Vaibhav Global Limited

Vaibhav Global Limited

Vaibhav Global: Temporary Headwinds or Permanent Downtrend?

Overview Inc. Year: 1989Industry: Retailing

Vaibhav Global Ltd is a holding company. The Company is an electronic store of fashion jewellery and lifestyle accessories. The Company owns and operates the Liquidation Channel inside the United States, and Jewellery Channel in the United Kingdom. It operates via wholesale business-as a downstream production facility phase. The Company offers a range of jewellery and non-jewellery merchandise. The Company manufactures and exports numerous varieties of earrings, coloured gem stones, treasured and semi-precious stones. It offers fashion jewellery, including earrings and studded jewellery, bracelets, bangles etc. Its style add-ons and lifestyle products consist of watches, purses, scarves, home decor, bed linen, pillow covers and towels. Its merchandise are offered on its television shopping and Web structures. Its plants are placed in Jaipur and Mumbai. In addition to electronic retailing, the Company also engages in traditional business-to-commercial enterprise wholesale distribution thru STS Jewels Inc.

Vaibhav Global Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Vaibhav Global Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	635	750	685	628	646	724	693	658	705	888
Other Income	6	1	9	2	2	14	9	7	3	6
Total Income	641	751	694	630	648	738	702	666	708	894
Total Expenditure	568	665	647	586	596	662	646	600	642	795
Operating Profit	73	86	47	44	52	76	55	66	67	99
Interest	2	2	2	2	2	2	3	3	3	3
Depreciation	13	14	17	17	19	20	22	22	23	23
Exceptional Income / Expenses	0	-1	-3	0	0	0	0	0	0	-4
Profit Before Tax	58	68	25	25	31	55	30	40	41	68
Provision for Tax	16	-1	-2	5	8	16	7	11	12	21
Profit After Tax	42	69	27	20	23	39	23	30	29	47
Adjustments	0	0	0	0	-0	-0	0	0	0	0
Profit After Adjustments	42	70	27	20	23	39	23	30	29	47
Adjusted Earnings Per Share	2.6	4.2	1.7	1.2	1.4	2.4	1.4	1.8	1.8	2.9

Vaibhav Global Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	893	1298	1376	1277	1439	1571	1814	1986	2540	2752	2691	2944
Other Income	38	35	13	17	16	10	14	15	18	22	28	25
Total Income	931	1333	1388	1294	1455	1581	1828	2001	2558	2774	2719	2970
Total Expenditure	829	1156	1242	1218	1353	1422	1611	1725	2170	2471	2491	2683
Operating Profit	102	177	147	75	102	159	217	276	388	303	227	287
Interest	14	14	7	7	6	4	5	9	5	6	8	12
Depreciation	7	7	12	24	29	25	25	31	39	55	78	90
Exceptional Income / Expenses	-164	0	0	0	0	0	0	0	0	28	0	-4
Profit Before Tax	-84	155	128	45	66	129	188	236	344	271	141	179
Provision for Tax	2	3	25	5	2	17	34	46	72	33	36	51
Profit After Tax	-86	153	103	40	65	112	154	190	272	237	105	129
Adjustments	0	0	-0	-0	0	0	0	0	0	1	-0	0
Profit After Adjustments	-86	153	103	40	65	112	154	190	272	238	105	129
Adjusted Earnings Per Share	-5.3	9.3	6.4	2.5	4	6.9	9.4	11.8	16.7	14.5	6.4	7.9

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	-2%	11%	11%	12%
Operating Profit CAGR	-25%	-6%	7%	8%
PAT CAGR	-56%	-18%	-1%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	17%	-28%	23%	9%
ROE Average	9%	21%	23%	22%
ROCE Average	12%	24%	26%	23%

Vaibhav Global Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	159	233	328	367	434	550	697	751	964	1127	1201
Minority's Interest	0	0	0	0	0	0	0	0	-0	2	2
Borrowings	48	18	0	2	0	0	0	0	0	3	2
Other Non-Current Liabilities	1	1	2	-4	-19	-28	-7	8	4	28	34
Total Current Liabilities	193	226	200	247	237	209	242	311	408	505	521
Total Liabilities	401	478	530	613	653	731	932	1070	1376	1664	1761
Fixed Assets	58	66	76	126	126	120	116	154	163	467	507
Other Non-Current Assets	12	34	40	27	18	13	22	30	45	61	25
Total Current Assets	332	379	414	460	509	599	794	886	1169	1136	1229
Total Assets	401	478	530	613	653	731	932	1070	1376	1664	1761

Vaibhav Global Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	14	41	43	91	54	72	67	226	71	72	43
Cash Flow from Operating Activities	79	178	115	-25	74	41	204	213	326	88	127
Cash Flow from Investing Activities	0	-36	-3	-41	-20	-21	-24	-187	-268	-45	40
Cash Flow from Financing Activities	-30	-108	-64	30	-30	-24	-23	-184	-57	-72	-103
Net Cash Inflow / Outflow	49	34	49	-36	24	-5	157	-158	0	-29	65
Closing Cash & Cash Equivalent	41	43	91	55	72	67	226	71	72	43	111

Vaibhav Global Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	-5.34	9.33	6.37	2.45	3.97	6.9	9.44	11.79	16.71	14.51	6.37
CEPS(Rs)	-4.88	9.95	7.11	3.91	5.78	8.47	10.95	13.73	19.11	17.82	11.09
DPS(Rs)	0	0	0.48	0	0	0	2	6.75	5	6	6
Book NAV/Share(Rs)	7.17	14.48	20.25	22.61	25.97	32.83	41.51	45.56	58.22	68.08	71.94
Core EBITDA Margin(%)	7.16	10.95	9.74	4.57	5.99	9.45	11.2	13.18	14.58	10.22	7.42
EBIT Margin(%)	-7.78	13.08	9.81	4.04	5.04	8.5	10.63	12.33	13.73	10.05	5.56
Pre Tax Margin(%)	-9.4	11.96	9.28	3.51	4.59	8.22	10.37	11.9	13.55	9.83	5.25
PAT Margin (%)	-9.59	11.75	7.5	3.12	4.49	7.16	8.5	9.58	10.7	8.61	3.91
Cash Profit Margin (%)	-8.77	12.32	8.36	4.97	6.53	8.78	9.86	11.16	12.24	10.61	6.8
ROA(%)	-18.71	34.7	20.47	6.97	10.21	16.25	18.54	19.01	22.22	15.6	6.14
ROE(%)	-50.94	87.69	36.79	11.46	16.35	23.49	25.42	26.93	32.31	22.99	9.14
ROCE(%)	-18.21	50.13	35.46	11.69	14.52	23.5	27.95	31.03	37.28	24.25	11.76
Receivable days	14.93	14.33	15.11	16.3	20.61	26.15	24.83	23.2	21.69	26.43	32
Inventory Days	77.85	56.96	56.31	75.16	76.24	76.13	75.23	75	62.23	70.64	85.59
Payable days	54.86	48.37	58.79	84.24	80.18	70.17	68.16	69.7	61.43	82.21	99.5
PER(x)	0	13.73	25.25	26.07	19.65	19.42	13.37	13.18	45.88	25.78	42.81
Price/Book(x)	3.16	8.85	7.95	2.83	3	4.08	3.04	3.41	13.17	5.5	3.79
Dividend Yield(%)	0	0	0.3	0	0	0	1.59	4.34	0.65	1.6	2.2
EV/Net Sales(x)	0.59	1.63	1.88	0.86	0.89	1.39	1.05	1.21	4.87	2.22	1.62
EV/Core EBITDA(x)	5.14	11.92	17.6	14.54	12.55	13.74	8.74	8.67	31.9	20.19	19.22
Net Sales Growth(%)	38.11	45.4	5.95	-7.19	12.71	9.15	15.49	9.51	27.87	8.36	-2.24
EBIT Growth(%)	-183.54	344.33	-20.48	-61.76	40.44	84.07	44.49	27.06	42.37	-20.69	-45.96
PAT Growth(%)	-224.96	278.17	-32.36	-61.4	62.16	74.15	37.08	23.41	42.83	-12.75	-55.66
EPS Growth(%)	-223.54	274.69	-31.69	-61.55	62.01	73.89	36.75	24.89	41.7	-13.13	-56.14
Debt/Equity(x)	1.01	0.53	0.23	0.3	0.2	0.12	0.1	0.09	0.1	0.09	0.1
Current Ratio(x)	1.72	1.67	2.07	1.86	2.15	2.87	3.28	2.85	2.87	2.25	2.36
Quick Ratio(x)	0.64	0.81	0.93	0.66	0.87	1.18	1.64	1.5	1.77	1.02	1.12
Interest Cover(x)	-4.81	11.71	18.41	7.57	11.32	31.06	41.4	28.33	75.34	45.37	18.24
Total Debt/Mcap(x)	0.44	0.06	0.03	0.11	0.07	0.03	0.03	0.03	0.01	0.02	0.03

Vaibhav Global Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	58.08	58.08	57.96	57.89	57.91	57.26	57.21	57.13	57.24	57.22
FII	10.69	10.73	10.71	20.74	21.12	21.65	21.89	22.66	22.06	22.69
DII	18.62	18.5	18.39	6.58	6.38	6.36	6.24	5.73	5.38	2.57
Public	12.61	12.69	12.95	14.78	14.59	14.74	14.66	14.48	15.32	17.53
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	9.52	9.53	9.53	9.54	9.55	9.45	9.45	9.45	9.47	9.48
FII	1.75	1.76	1.76	3.42	3.48	3.57	3.62	3.75	3.65	3.76
DII	3.05	3.03	3.02	1.08	1.05	1.05	1.03	0.95	0.89	0.43
Public	2.07	2.08	2.13	2.44	2.41	2.43	2.42	2.4	2.54	2.9
Others	0	0	0	0	0	0	0	0	0	0
Total	16.39	16.4	16.44	16.48	16.49	16.5	16.52	16.54	16.55	16.56

Pros

Company has a good return on equity (ROE) track record: 3 Years ROE 21%
Company has reduced debt.
Company is almost debt free.

Cons

Debtor days have increased from 82.21 to 99.5days.
Stock is trading at 4.8 times its book value.
The company has delivered a poor profit growth of -1% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Vaibhav Global News

Top Unlisted Companies & InstaBuy Companies

Sell or Purchase Share (Tentative Price)

Current Price: 28/-

Bazar India

IPO

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Vaibhav Global

Add Watchlist

Vaibhav Global Research see more...

Overview Inc. Year: 1989Industry: Retailing

Vaibhav Global Share Price

Alert Data

Quarterly Price

Peer Comparison

Vaibhav Global Quarterly Results

Vaibhav Global Profit & Loss

Growth Rates

Vaibhav Global Balance Sheet

Vaibhav Global Cash Flow

Vaibhav Global Ratios

Vaibhav Global Shareholding Pattern

Vaibhav Global News

Top Unlisted Companies & InstaBuy Companies

Bazar India

IPO

Stocx: India's #1 Marketplace to Find Your Winning Stock

Please Login!

Error!