Vaibhav Global Limited, together with its subsidiaries, engages in the manufacture and export of fashion jewelry and lifestyle products in India, the United States of America, the United Kingdom, Germany, and internationally. The company was founded in 1980 and is headquartered in Jaipur, India. Vaibhav Global Limited is a subsidiary of Brett Enterprises Private Limited.
The company has established itself as a prominent player in the global retail space, specifically in the jewelry, accessories, and lifestyle product segments. Vaibhav Global Ltd is a leading global retail and e-commerce company, incorporated in 2007. It is engaged in multi-channel retailing and e-commerce operations.
Vaibhav Global Limited (VGL), through its distinctive business model, has created a niche for itself in the global retail space, especially in the jewellery, accessories and lifestyle product segments of two of the largest economies of the world - the US and UK. The company is an omnichannel E-tailer of fashion jewelry, accessories, and lifestyle products in developed markets with direct access to over 130 Million households through its TV home shopping networks - Shop LC in the US, Shop TJC & Ideal World in the UK, and Shop LC in Germany.
It also operates e-commerce websites - www.shoplc.com & https://mindfulsouls.com/ in the US, www.tjc.co.uk & www.idealworld.tv/ in the UK, and www.shoplc.de in Germany, complementing its TV coverage. The company markets jewelry and lifestyle products that includes electronic retail through 24/7 proprietary teleshopping channels and various digital platforms, including websites, mobile applications, marketplaces, and OTT platforms.
It offers gemstones and accessories; and lifestyle products, such as home décor, beauty care, and apparels and accessories; as well as call center services. Vaibhav Global Ltd offers an extensive range of products across various categories such as apparel, footwear, jewellery, home and lifestyle products.
Today's market capitalization of Vaibhav Global Ltd (VAIBHAVGBL) is ₹4,021.20 Crore. As per Value Research classification, it is a Small Cap company.
Vaibhav Global Ltd's net profit jumped 58.96% since last year same period to ₹34.08 Crore in Q4 FY2024-2025. However, on a quarterly growth basis, Vaibhav Global Ltd has generated -46.6% fall in its net profits since last 3-months. TTM profit after tax of Vaibhav Global Ltd was ₹141 Crore.
The company has shown mixed performance trends, with revenue down for the last 2 quarters, 979.63 Crore → 858.07 Crore (in ₹), with an average decrease of 12.4% per quarter and net profit down for the last 2 quarters, 63.82 Crore → 34.08 Crore (in ₹), with an average decrease of 46.6% per quarter.
In the quarter ending December 2024, Vaibhav Global Ltd has declared a dividend of ₹1.50, translating to a dividend yield of 3.10%.
The stock has experienced significant volatility, with it is down -38.78% from its 52 Week High price of ₹395.
The P/B ratio of Vaibhav Global Ltd is 3.02 times as on May 15, 2025, a 13% discount to its peers' median range of 3.48 times. The P/E ratio of Vaibhav Global Ltd is 29.18 times as on May 15, 2025, a 18% discount to its peers' median range of 35.79 times.
The promoters of Vaibhav Global Ltd are BRETT ENTERPRISES PRIVATE LIMITED and DEEPTI AGRAWAL. They collectively own 57.12% of the total equity. The chairman of the company is Harsh Bahadur. There is no promoter pledging in Vaibhav Global Ltd.
Vaibhav Global has allotted 1,02,294 equity shares to its Employee Stock Option Welfare Trust, raising the paid-up equity share capital to ₹33.27 Crore.
Vaibhav Global achieves Responsible Jewellery Council certification for ethical and sustainable practices.
The company has delivered a poor sales growth of 11.2% over the past five years. Despite this modest growth, the company maintains its position as a significant player in the global omnichannel retail space, particularly in developed markets.
Vaibhav Global Limited continues to leverage its unique business model combining traditional television shopping with modern e-commerce platforms to reach millions of households across multiple countries. The company's focus on jewelry and lifestyle products, combined with its established distribution network, positions it to capitalize on the growing demand for accessible luxury products in key international markets.
