Stock

1. Vaibhav Global Ltd
Global retailer of Fashion Jewellery,
Accessories and Lifestyle products
Vertically integrated electronic retailer with
manufacturing units in India & China
Product are marketed through Cable,
Satellite and Broadcast TV networks, e-
commerce and social media platforms
Retail Markets – USA and UK
Sourcing Countries include several Asian,
African, European and South American
countries
Engaged in traditional B2B wholesale
distribution through STS Jewels
Manufacture Fine Jewellery in India &
Other Units
STS Gems source special range of
Gemstones
SHOP LC (USA) & TJC (U.K.) sell Jewellery
to consumers through TV & eCommerce

2. Vaibhav Global Ltd - Journey
1989
•Incorporated as
‘Vaibhav Gems Limited’
1996-97
•Got publicly listed
2013
•Renamed as ‘Vaibhav
Global Limited’

3. Vaibhav Global Ltd
• Current Market Price – 810
• Market Cap – 13317 Cr.
• ROCE: 35.9%
• ROE : 31.7%
• P/E : 48.6
• Dividend Yield : 0.46%
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Vaibhav Global Ltd - Price Movement
ASK Portfolio Holding India Vision Growth EOP
Vaibhav Global Ltd 5.19% 4.97% 4.19%

4. Q4FY21 Update
Revenues came in higher than estimate at 666 Cr
The beat was driven by US market while UK was in-line
PAT at 56 Cr was in-line with estimates
EBITDA grew 40.4% YoY to Rs 388 Crores while PAT grew 43%
YoY to ~ Rs. 56 Crores
Margins were slightly lower than estimates given due to
higher spending on employees and other expenses. This trend
may continue going in next year as they invest for growth
(including new markets like Germany)
ROCE expanded to 61% (TTM Basis)

5. Metropolis Healthcare