Vaibhav Global's 4 August filings: FY30 revenue target, digital-mix goal, and a margin with a named contributor (NSE: VAIBHAVGBL)
Vaibhav Global (NSE: VAIBHAV; BSE: 532156) filed its Q1 FY27 results on 4 August 2026. The filing states consolidated revenue of ₹917 Cr (+12.7% YoY, −1.9% QoQ), EBITDA of ₹102 Cr (+37% YoY), PAT of ₹56 Cr (+49.8% YoY), and an interim dividend of ₹1.5 per share.
Vaibhav Global (NSE: VAIBHAV; BSE: 532156) filed its Q1 FY27 results on 4 August 2026. The filing states consolidated revenue of ₹917 Cr (+12.7% YoY, −1.9% QoQ), EBITDA of ₹102 Cr (+37% YoY), PAT of ₹56 Cr (+49.8% YoY), and an interim dividend of ₹1.5 per share.
The same day, the company filed an investor presentation — the first investor presentation in Alpha Inflection's tracked history for this company. It carries a stated FY30 revenue target of ₹5,000–5,500 Cr, tied by the company to digital expansion, in-house brands, and AI-led commerce. A week later, on 11 August 2026, the company held its first tracked earnings call.
The reported mix: lab-grown, in-house brands, digital
The 4 August 2026 investor presentation says lab-grown diamonds reached 13% of retail revenue. The same presentation describes this as a structural change in consumer preference, not a seasonal shift, with the company pointing to higher average selling prices and a manufacturing-linked pricing edge. The Q1 FY27 sales update filed the same day puts the in-house brand mix at 57%.
Two mix targets appear in the company's filed materials:
- Digital revenue share of B2C to cross 50% by the end of FY27, with Q4FY27 named as the target quarter.
- Lifestyle products to reach 50% of B2C revenue in the medium term.
Both are company statements, not Alpha Inflection calculations. Both remain open.
The margin and the tariff-refund note
The Q1 FY27 numbers show EBITDA margin at 11.1%, an expansion of 193 bps YoY. The company notes that a one-off tariff refund contributed to reported operating performance. So the 11.1% is the reported figure; the non-recurring element is flagged in the same packet. PAT of ₹56 Cr is stated as up 49.8% YoY.
The concall's constant-currency line
The 11 August 2026 concall describes constant-currency growth as flat in Q1, alongside the reported +12.7% YoY headline. It also says the company reiterated full-year guidance. Any reader comparing reported growth with constant-currency growth gets both numbers from the company's own commentary.
Germany: from breakeven to contribution
The company's narrative in this filing set says Germany achieved EBITDA breakeven in FY26 and is expected to become a positive contributor to group profitability from FY27. No separate rupee figure for Germany is disclosed in the tracked filings.
Rating action, 1 September 2026
On 1 September 2026, CARE Ratings upgraded Vaibhav Global's long-term/short-term bank facility ratings from CARE A+; Stable / CARE A1 to CARE A+; Stable / CARE A1+, based on FY26 audited and Q1 FY27 unaudited performance. The date is nine days after the Q1 filing; it is the latest dated item in the tracked set.
What the filings say comes next
The dated items to watch are company-stated, not our views:
- Q4FY27 — digital revenue mix crossing 50% of B2C sales (company target).
- FY27 onwards — Germany becoming a positive group-profit contributor (company expectation).
- FY30 — revenue target of ₹5,000–5,500 Cr (company target, set in the 4 August 2026 presentation).
Alpha Inflection is research infrastructure, not investment advice. We are not SEBI-registered investment advisers. Everything above is compiled from public corporate filings, with sources cited. Do your own research.
The filing evidence
| Date | What the filing said | Detail | Source |
|---|---|---|---|
| Lifestyle product share of B2C revenue — 50% | [Vaibhav Global]'s lifestyle products will reach 50% of B2C revenue in the medium term. | ||
| Digital revenue share of B2C — 50% — by Q4FY27 | [Vaibhav Global]'s digital revenue mix will cross 50% of B2C sales by the end of FY27. | ||
| 4 Aug 2026 | Q1FY27 consolidated revenue was ₹91,707.34 lakh, +12.7% YoY but -1.9% QoQ, while EBITDA margin expanded to 11.1% and PAT rose 49.8% YoY; the trajectory is improving, though tariff-refund income contributed to reported operating performance. | filing | |
| 4 Aug 2026 | Vaibhav Global Q1FY27: Consolidated revenue ₹917 Cr (+12.7% YoY), PAT ₹56 Cr (+49.8% YoY), EBITDA margin expands 193bps to 11.1% aided by one-off tariff refund. | filing | |
| 4 Aug 2026 | Vaibhav Global reports strong Q1 FY27 with 13% revenue growth, 50% PAT jump, and outlines FY30 revenue target of ₹5,000–5,500 Cr driven by digital expansion, in-house brands, and AI-led commerce. | filing | |
| 11 Aug 2026 | Vaibhav Global reports Q1 FY27 revenue of ₹917 Cr (+12.7% YoY) with flat constant-currency growth, EBITDA margin expands to 11%, and completes Shopify migration, while reiterating full-year guidance. | filing | |
| 16 Jun 2026 | Vaibhav Global Limited allots 91,491 equity shares to its Employee Stock Option Welfare Trust under employee benefit schemes. | Vaibhav Global Limited allotted 91,491 equity shares of Rs. 2 each to the Vaibhav Global Employee Stock Option Welfare Trust on June 16, 2026, increasing its paid-up equity capital to Rs. 33,47,04,344 comprising 16,73,52,172 shares. | filing |
| 4 Aug 2026 | Vaibhav Global reports Q1 FY27 revenue of ₹917 Cr (up 13% YoY), EBITDA of ₹102 Cr (up 37% YoY), and PAT of ₹56 Cr (up 50% YoY), with in-house brand mix rising to 57%. | Vaibhav Global released its Q1 FY27 financial results showing a 13% YoY revenue increase to ₹917 Cr, EBITDA up 37% to ₹102 Cr, and PAT up 50% to ₹56 Cr, alongside an interim dividend declaration of ₹1.5 per share. | filing |
| 1 Sept 2026 | CARE Ratings upgrades Vaibhav Global's bank facilities rating to CARE A+; Stable / CARE A1+ from CARE A+; Stable / CARE A1. | CARE Ratings upgraded Vaibhav Global's long-term/short-term bank facilities credit rating from CARE A+; Stable / CARE A1 to CARE A+; Stable / CARE A1+ based on FY26 audited and Q1FY27 unaudited performance. | filing |
Quick answers
- What did Vaibhav Global disclose?
- Vaibhav Global (NSE: VAIBHAV; BSE: 532156) filed its Q1 FY27 results on 4 August 2026. The filing states consolidated revenue of ₹917 Cr (+12.7% YoY, −1.9% QoQ), EBITDA of ₹102 Cr (+37% YoY), PAT of ₹56 Cr (+49.8% YoY), and an interim dividend of ₹1.5 per share.
- What are the key numbers?
- The 4 August 2026 investor presentation says lab-grown diamonds reached 13% of retail revenue. The same presentation describes this as a structural change in consumer preference, not a seasonal shift, with the company pointing to higher average selling prices and a manufacturing-linked pricing edge.
- What does Vaibhav Global say comes next?
- The dated items to watch are company-stated, not our views:
Research and educational content only. Not investment advice. Drafted from regulatory filings and published automatically — see our editorial policy.