Vaibhav Global Limited — Investor Meet, 28-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Vaibhav Global reported Q4 FY26 revenue of INR935Cr (+10% YoY) and PBT of INR64Cr (+41% YoY), with FY26 EBITDA margin at 10.8%. Free cash flow was a record INR272Cr. In-house brands now exceed 50% of B2C sales, digital mix is 44%, and lab-grown diamonds contribute 11% of retail revenue. Germany achieved EBITDA breakeven. Management anticipates FY27 revenue growth of 9-11% and 50-100 bps EBITDA margin improvement, driven by digital expansion and AI integration. They expressed confidence in long-term double-digit growth for core markets, adapting product mix for customer demand. A final dividend of INR1.5/share was declared, totaling INR6 for FY26.