BSE:532156

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Executive Summary

Vaibhav Global Limited, together with its subsidiaries, manufactures, retails, trades in, and exports fashion jewelry, accessories, lifestyle, and essential products. More Details

Rewards

Earnings grew by 34.5% over the past year

Risk Analysis

No risks detected for 532156 from our risk checks.


Snowflake Analysis

Outstanding track record with flawless balance sheet.


Similar Companies

Share Price & News

How has Vaibhav Global's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532156 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 532156's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

1.8%

532156

1.4%

IN Luxury

1.2%

IN Market


1 Year Return

164.6%

532156

5.1%

IN Luxury

10.4%

IN Market

Return vs Industry: 532156 exceeded the Indian Luxury industry which returned 5.1% over the past year.

Return vs Market: 532156 exceeded the Indian Market which returned 10.4% over the past year.


Shareholder returns

532156IndustryMarket
7 Day1.8%1.4%1.2%
30 Day12.6%12.0%12.1%
90 Day24.5%16.3%12.6%
1 Year177.2%164.6%5.8%5.1%12.4%10.4%
3 Year236.4%216.9%7.2%5.0%10.0%4.6%
5 Year334.6%309.5%54.3%46.6%59.8%47.8%

Long-Term Price Volatility Vs. Market

How volatile is Vaibhav Global's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Vaibhav Global undervalued compared to its fair value and its price relative to the market?

30.12x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 532156 (₹2135.6) is trading above our estimate of fair value (₹1036.79)

Significantly Below Fair Value: 532156 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 532156 is poor value based on its PE Ratio (30.1x) compared to the IN Luxury industry average (16.3x).

PE vs Market: 532156 is poor value based on its PE Ratio (30.1x) compared to the Indian market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532156's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532156 is overvalued based on its PB Ratio (8.2x) compared to the IN Luxury industry average (0.6x).


Next Steps

Future Growth

How is Vaibhav Global forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

54.7%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Vaibhav Global has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Vaibhav Global performed over the past 5 years?

33.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532156 has high quality earnings.

Growing Profit Margin: 532156's current net profit margins (10.3%) are higher than last year (9%).


Past Earnings Growth Analysis

Earnings Trend: 532156's earnings have grown significantly by 33.1% per year over the past 5 years.

Accelerating Growth: 532156's earnings growth over the past year (34.5%) exceeds its 5-year average (33.1% per year).

Earnings vs Industry: 532156 earnings growth over the past year (34.5%) exceeded the Luxury industry -27.1%.


Return on Equity

High ROE: 532156's Return on Equity (27.1%) is considered high.


Next Steps

Financial Health

How is Vaibhav Global's financial position?


Financial Position Analysis

Short Term Liabilities: 532156's short term assets (₹10.3B) exceed its short term liabilities (₹3.6B).

Long Term Liabilities: 532156's short term assets (₹10.3B) exceed its long term liabilities (₹244.6M).


Debt to Equity History and Analysis

Debt Level: 532156's debt to equity ratio (9.2%) is considered satisfactory.

Reducing Debt: 532156's debt to equity ratio has reduced from 26.7% to 9.2% over the past 5 years.

Debt Coverage: 532156's debt is well covered by operating cash flow (301.7%).

Interest Coverage: 532156 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Vaibhav Global current dividend yield, its reliability and sustainability?

0.47%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 532156's dividend (0.47%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.52%).

High Dividend: 532156's dividend (0.47%) is low compared to the top 25% of dividend payers in the Indian market (2.07%).


Stability and Growth of Payments

Stable Dividend: 532156 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 532156's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.8%), 532156's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Sunil Agrawal (61 yo)

6.83yrs

Tenure

Mr. Sunil Agrawal has been the Managing Director of Vaibhav Global Limited since February 1, 2014. Mr. Agrawal founded the VGL Group of companies, parent company of STS Jewels Inc. in 1980. Mr. Agrawal co-...


Leadership Team

NamePositionTenureCompensationOwnership
Sunil Agrawal
MD & Director6.83yrsno data1.43%
₹ 1.0b
Vineet Ganeriwala
Group Chief Financial Officer0.83yr₹30.10m0.0037%
₹ 2.6m
Sushil Sharma
Compliance Officer & Company Secretary3.42yrs₹1.65mno data
Pushpendra Singh
Vice President of VGL Groupno data₹10.98mno data
Raj Singh
Vice President of Supply Chain Management4.83yrs₹10.24mno data
Kedar Raul
General Manager of Operationsno datano datano data
Jay Chandran
Group Chief Technology Officer0.92yrno datano data
Amit Agarwal
President of Shop LC1.42yrsno data0.028%
₹ 19.4m
Srikant Jha
Managing Director of TJC1.42yrsno datano data
Anshuman Khandelwal
Assistant General Manager of Finance & Accountsno datano datano data
Jiten Dattani
Executiveno datano datano data
Gulzar Sharif
Executiveno datano datano data

1.4yrs

Average Tenure

47.5yo

Average Age

Experienced Management: 532156's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Sunil Agrawal
MD & Director6.83yrsno data1.43%
₹ 1.0b
Pulak Prasad
Non-Executive Non-Independent Director7.17yrsno datano data
James Clarke
Non-Executive Independent Director3.83yrs₹4.70mno data
Nirmal Bardiya
Non-Executive Non-Independent Director19.42yrs₹815.00k1.13%
₹ 786.3m
Sanjeev Agrawal
Additional Non-Independent Non-Executive Director0.92yrno data0.026%
₹ 17.9m
Harsh Bahadur
Non-Executive Independent Chairman1.83yrs₹3.00mno data
Sheela Agarwal
Non-Executive Non-Independent Director12.08yrs₹525.00k0.069%
₹ 48.3m
Sunil Goyal
Non-Executive Independent Director3.75yrs₹1.08mno data
Santiago Roces-Moran
Non-Executive Independent Director5.42yrs₹1.92mno data
Monica Justice
Non-Executive Independent Director1.25yrs₹2.12mno data

4.6yrs

Average Tenure

60yo

Average Age

Experienced Board: 532156's board of directors are considered experienced (4.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Vaibhav Global Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vaibhav Global Limited
  • Ticker: 532156
  • Exchange: BSE
  • Founded: 1980
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: ₹69.765b
  • Shares outstanding: 32.46m
  • Website: https://www.vaibhavglobal.com

Number of Employees


Location

  • Vaibhav Global Limited
  • E-69, EPIP
  • Sitapura
  • Jaipur
  • Rajasthan
  • 302022
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532156BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2005
VAIBHAVGBLNSEI (National Stock Exchange of India)YesEquity SharesININRFeb 2005

Biography

Vaibhav Global Limited, together with its subsidiaries, manufactures, retails, trades in, and exports fashion jewelry, accessories, lifestyle, and essential products. The company offers colored gems stones...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 12:06
End of Day Share Price2020/12/02 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.