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Investor Presentation Vaibhav Global Ltd. A Vertically Integrated , Omnichannel Consumer Platform Built on Proprietary Distribution , Owned Manufacturing , and Direct Customer Relationships . Q1 FY27 Results | Aug 2026 | NSE : VAIBHAVGBL | BSE : 532156
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Disclaimer This presentation contains “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Vaibhav Global Limited (VGL) and its group companies’ future business developments and economic performance. While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, a number of risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, general market, macro‐economic, government and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance. Vaibhav Global Limited undertakes no obligation to periodically revise any forward-looking statements to reflect future/likely events or circumstances.
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Table of Contents VGL – At a Glance 4 Structural Growth Drivers 9 Financial & Operational Update 18 Key Strengths 22 Growth Strategy 29
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VGL – At a Glance 01 4
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5 A Vertically Integrated Global Consumer Company with End-to-End Capabilities Across Manufacturing, Distribution, brand ownership and omnichannel retail capabilities to serve customers across jewellery, accessories and lifestyle categories in leading international markets VGL : An Omnichannel Consumer Company with Global Scale Integrated Business Model • Owned Manufacturing Infrastructure • Owned Distribution Network • Portfolio of Owned Brands Omnichannel Customer Reach • Digital & E-commerce Platforms • Television Commerce • OTT & Social Commerce Channels Product Portfolio • Jewellery • Lifestyle Products • Fashion Accessories Global Market Presence • Strong Presence in USA and UK • Operations Across Multiple Global Markets • Established Niche in Global Retail Differentiated Growth Platform • End-to-End Control Across the Value Chain • Consumer-Centric Omnichannel Approach • Scalable Global Retail Ecosystem
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6 From a first-generation gemstone trading business to a listed, vertically integrated global business 1980s–89 Foundation & Gemstone Trading ▪ Established as a gemstone sourcing & trading business serving international markets ▪ Incorporated in 1989, laying the foundation for a global growth journey 1996–97 Forward integration into Jewelry manufacturing ▪ Entered jewellery manufacturing with establishment of a dedicated facility in Jaipur ▪ Successfully listed, raising growth capital & enhancing market credibility. 2003–2008 Retail & International Expansion ▪ Expanded into B2C retail through TV shopping platforms across US, UK and other markets ▪ Navigated global financial crisis through strategic portfolio repositioning with focus on value-led offerings 2010–2012 Balance Sheet Transformation ▪ Undertook Corporate Debt Restructuring (CDR) in 2010 ▪ Completed full repayment of obligations significantly ahead of schedule, demonstrating financial resilience & disciplined execution 2013–2021 Lifestyle Platform Development ▪ Diversified beyond jewellery into lifestyle products ▪ Strengthened D2C capabilities via owned digital channels & customer engagement initiatives. ▪ Re-entered German market in 2021, expanding international reach 2023–2026 Digital & Platform-Led Growth ▪ Acquired Ideal World & Mindful Souls, strengthening platform capabilities & category expansion ▪ Increased share of digital revenues to ~45% through accelerated omnichannel adoption ▪ Enhanced scalability via AI-led planning tools and migration to a modern commerce technology stack From Gemstone Trading to Integrated Consumer Ecosystem 6
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7 • ~14,000–15,000 new jewellery designs launched annually, with ~30,000+ SKUs available at any given time • In-house testing lab and manufacturing • Covers 7 different metals (Silver, Gold, Platinum, Steel, Brass, Copper, Bronze) • Casted, Handmade, Diamond Cut & Beads Jewellery Fashion Jewellery & Gemstones • A rich product basket of ~5,000 unique SKUs • Facilitated by innovation & a global sourcing base Life-Style Products A well-balanced mix of Jewellery and Lifestyle products ~100 new products introduced daily, ensuring constant freshness and relevance Our Companies A Multi-Category Consumer Portfolio: Expanding Beyond Jewellery www.shoplc.com www.tjc.co.uk , www.idealworld.tv, www.rachelgalley.com www.shoplc.de www.mindfulsouls.com www.stsjewels.com TJC, Ideal World & Rachel Galley
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8 Q1 FY27 Performance Update VGL certified Great Place to Work®across the globe “ICRA ESG Ratings has improved its ‘Combined ESG Rating’ to ‘74 (Strong)’’ Shop LC Named Among USA TODAY’s Most Trusted Brands of 2026” Vaibhav Global Limited Achieves ‘Responsible Jewellery Council (RJC)’ Certification INR 917 Crores Revenue from Operations 13% YoY INR 398 Crores Digital Revenue 21% YoY INR 484 Crores TV Revenue 9% YoY INR 102 Crores EBITDA 37% YoY INR 56 Crores PAT 50% YoY Margin at 11% Margin at 6% 8 Numbers are rounded off to nearest figure
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Structural Growth Drivers 02 9
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10 Vaibhav Global LTD Growth Drivers Driving Long-Term Value Creation Diversified Global Footprint Strengthening Brand Equity Vertical Integration Higher gross margin End-to-end control Profitable presence across US, UK & Europe Brand-led portfolio enhancing margins, loyalty and pricing control Capital Discipline 24% ROCE and ₹296 Cr net cash position AI-Enabled Commerce Digital-First Omnichannel Growth Platform Digital share targeted 50%+ supported by live commerce Multiple Commerce Channels 127mn+ household reach across channels Direct customer engagement at scale Proprietary first-party data enabling AI-led merchandising, forecasting & customer retention High-Engagement Customer Ecosystem High-engagement ecosystem driving customer lifetime value 10 10 As on FY26
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11 11 Vertical Integration Driving Superior Gross Margins ~40% ~60% Typical importer / retailer VGL (vertically integrated) Gross Margin: VGL vs. Typical Importer (%) Manufacturing Scale and Design Agility for Western Markets Design & Manufacture Owned Brands Customer Data Owned Distribution 1,69,000 sq.ft. Jaipur factory (Jewellery - Fully integrated) 5 units Manufacturing units across India, China, USA Mumbai Diamond sourcing facility 30+ Global sourcing countries ₹121 Cr Mfg/Sourcing EBITDA, +33% YoY ~100 New products added daily ~14–15K New jewellery designs per year ~5 mn pieces Annual production capacity 2,000+ Highly skilled workers (Jewellery) 1,000+ Highly skilled workers (Jaipur) 250+ Highly skilled workers (Gemstone) 130+ Highly skilled designers As on FY26
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12 Making in India for ‘WesternMarkets’ Diversified Global Footprint Across Manufacturing, Retail and Sourcing India In-House Manufacturing ‘A Global Jewellery Hub’ Strong Global Sourcing Base Availability of skilled manpower in India 30+ USAIndia China USA CANADA
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13 USA · Anchor UK · Accelerating Q1FY27 Revenue Mix USA 60% UK 28% Europe 12% Revenue ₹2,058 Cr Largest market 63mn households reached Revenue +8%, EBITDA +9% in FY26 Revenue grew 9.5% YoY, driven by the improving performance of the Ideal World and Rachel Galley businesses, supported by higher brand awareness. Europe · Inflection Given the seasonal nature of the business and evolving buying patterns, margins are expected to strengthen meaningfully over the course of the year Macro Resilience: Limited Gold & Currency Exposure Strong Global Revenue Mix with Improving Profitability Low gold inventory held Production is order-basis, gold price impact is minimal Product mix Gemstone, diamond, lab-grown stone and silver led (not metal-heavy) Price range $5–$1,000 across ~35,000 SKUs, spreading demand risk across price points EBITDA ₹194 Cr Revenue ₹ 530 Cr EBITDA ₹ 58 Cr FY26 Q1FY27 Revenue ₹1,032 Cr EBITDA ₹77 Cr Revenue ₹ 248 Cr EBITDA ₹ 12 Cr FY26 Q1FY27 Revenue ₹404 Cr EBITDA ₹7 Cr Revenue ₹ 103 Cr EBITDA ₹1 Cr FY26 Q1FY27 Numbers are rounded off to nearest figure
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14 57.2% of B2C revenue from own brands (Q1FY27) 26.3% 29.8% 48.8% 57.2% FY24 FY25 FY26 Q1 FY27 In-House Brand Revenue Contribution (%) Higher gross margin per unit Brand owner captures margin the licensor previously took Customer loyalty Brand equity accrues to VGL, not to a third-party licensor Pricing control VGL sets both cost and price; no licensor minimum pricing constraints. Sales Bifurcation 70% 67% 65% 30% 33% 35% FY24 FY25 FY26 Lifestyle ProductsJewellery Achieved ~57% of gross B2C sales from in-house brands in Apr – Jun quarter Achieved the Target of ~50% of gross B2C sales, a year in advance than anticipated Strategic brand matrix focused on price laddering and customer offering Enhancing repeat purchases and retention through Brand Archetype Frameworks Strengthening Brand Equity
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15 OTA Broadcast OTT (Roku, Google TV) Linear TV 127mn HH Social Retail (YouTube, Insta) Owned Websites & Mobile Apps AI is compounding the data advantage Recent AI-assisted Shopify migration completed in ~6 months at roughly one-third of the earlier website re-platforming cost Generative AI scales ad creatives, product descriptions and website content for SEO and digital visibility AI-driven product-scheduling tool (in beta last year) now in production — improving viewer engagement and airtime productivity on live TV AI also spans demand forecasting, inventory planning, on-air product planning and personalised customer engagement 677K unique customer records · 3.5 lakh new registrations (TTM) 23 pieces/customer/year · 0% marketplace take-rate on primary channels AI-Enabled Commerce powered by First-Party Data VGL owns the data Every transaction on every surface creates a first-party record 677K unique customer records owned
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16 4 R’s 127mn+ HH Reach 3.5 Lakh Registration & Acquisition Expanding the basket: new engagement formats DIY jewellery kits — assemble-your-own beads and garland kits Wellness & supplements — riding rising US demand around popular weight- management drug categories; currently third-party sourced, own-label potential once the category scales Rising Auction — customers bid on tail inventory clearing aged SKUs while deepening engagement 40+ Core customer age band across US, UK, Germany 23 Average Repeat pieces purchased per customer per year 38% Retention Target Customers: Baby Boomers & Gen X Differentiated Customer Proposition Wide Product Selection ~30,000 SKUs Value-Positioning $30-$45 Proprietary ‘TV Channels’ Vertically integrated sourcing, merchandising & fulfilment Direct customer reach and high repeat behaviour A High-Engagement Customer Ecosystem 16
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17 Q1 FY27 Performance Update Consolidated Performance 814 935 917 Q1 FY26 Q4 FY26 Q1 FY27 Revenue from Operations (INR Cr.) EBITDA (INR Cr.) & EBITDA Margin (%) PAT (INR Cr.) & PAT Margin (%) 75 96 102 Q1 FY26 Q4 FY26 Q1 FY27 38 44 56 Q1 FY26 Q4 FY26 Q1 FY27 9% 10% 11% 5% 5% 6% * Note: Q4FY26 PAT is excluding MAT credit of INR 47.2 cr : Numbers are rounded off to nearest figure 13% YoY 37% YoY 50% YoY
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Financial & Operational Update 03 18
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19 Revenue split (Rs. Cr) TV Revenue Digital Revenue TV Sales Volume ('000s)Sales Volume ('000s) Average Selling Price US$ Average Selling Price US$ Digital Q1 FY27 Segmental Highlights 1,343 1,291 1,373 Q1 FY26 Q4 FY26 Q1 FY27 38.8 40.5 37.1 Q1 FY26 Q4 FY26 Q1 FY27 1,139 1,123 1,131 Q1 FY26 Q4 FY26 Q1 FY27 33.8 38.5 37.0 Q1 FY26 Q4 FY26 Q1 FY27 444 485 484 Q1 FY26 Q4 FY26 Q1 FY27 329 400 398 Q1 FY26 Q4 FY26 Q1 FY27
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20 x 9.2 4.2 1.6 -1.2 -1.7 -1.0 11.1 Q1 FY26 Gross Margin (Brand mix) Employee Cost (Tech leverage) Digital Marketing SG&A (Freight/mix) Other Income Q1 FY27 Higher contribution of In-House brands, Better realisation and cost efficiencies Increased usage of Technology, Improved efficiency & operating leverage Increase in spend in digital to further inroads in respective locations Higher freight and fulfilment costs due to sales mix EBITDA Margin Walk Impact due to foreign exchange gain of last year
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21 Revenue Mix Overview TV revenues Digital revenues B2C Revenues by Format 57% 55% 55% 43% 41% 45% Q1FY26 Q4FY26 Q1FY27 US UK Europe B2C Revenues by Geography 59% 59% 60% 29% 29% 28% 12% 12% 12% Q1FY26 Q4FY26 Q1FY27 Budget Pay revenues Non-Budget Pay revenues Budget Pay (% to B2C Revenues) 62% 61% 64% 38% 39% 36% Q1FY26 Q4FY26 Q1FY27 B2C Revenues by Product 64% 67% 60% 36% 33% 40% Q1FY26 Q4FY26 Q1FY27 Budget Pay revenues refer to products sold on EMI basis Jewellery Lifestyle Products
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Key Strengths 04 22
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23 A business that has absorbed five major model transitions and external shocks, turned into a profitable engine ✓ Multiple business-model transitions absorbed Gemstones → Jewellery manufacturing → lifestyle products → retail → digital platform. Each transition changed the revenue model, not just the product Exited CDR early, by choice Entered Corporate Debt Restructuring in 2010 with repayment due by 2020; the obligation was fully repaid by 2012— years ahead of schedule ✓ 19% CAGR in market cap since listing From ~₹8 Cr listing raise in 1997 to a ~₹3,075 Cr market cap and ~₹3,692 Cr revenue, debt-free platform today (excl. dividends, which add further to total shareholder return) ✓ Germany: first full year of positive EBITDA Margins came under pressure due to the economic slowdown and evolving consumer sentiment but have since gradually recovered, enabling the Company to deliver its first full year of positive EBITDA in FY26 ✓ Innovation converts directly to revenue 78,000+ ideas generated, 1,821+ new products launched, 3 design patents secured (incl. the USPTO-granted Arthritis Ring) ✓ Growth culture retained through the hard years Most long-tenured employees stayed through loss-making periods on the strength of internal trust — reinforced today by giving teams real ownership ✓ Resilience Through Cycles 23
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24 Selective third-party additions Close-up deals in categories such as collagen supplements, eyewear & select licensed lifestyle labels as additions 16 brands across categories and markets A Portfolio of Scalable Consumer Brands 24
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25 268 -214 90 230 127 272 387 103 178 167 170 296 FY21 FY22 FY23 FY24 FY25 FY26 FCF & Net Cash (₹ Cr) Free Cash Flow Net Cash FY22: Germany / Ideal World investment phase How FY26 Free Cash Flow (₹272 Cr) was allocated: FCF generated ₹272 Cr Dividends paid −₹100 Cr (~37%) Retained capital ₹172 Cr ▪ Self-funded Germany scale-up ▪ Self-funded Ideal World integration ▪ Digital infrastructure investment ▪ Strategic Residual / M&A optionality available ▪ New US manufacturing capacity funded internally Strong Cash Generation, Disciplined Deployment Strategic Capital Allocation over the years
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26 Strong Fundamentals Driving Sustainable Value Creation Revenue Profile ~90% Revenue in USD, GBP & EUR Natural hedge through foreign currency revenues Minimal dependence on INR-linked sales Brand Portfolio 16 Owned Brands ~49% of B2C Revenue Strong portfolio of in-house brands Higher customer ownership and margin capture Capital Allocation Expansion Funded Through Internal Accruals Germany & Ideal World acquired through cash flows Strong cash generation & capital discipline Shareholder Returns ₹686 Cr Cumulative Dividends Paid Since FY20 ~51% payout ratio Consistent focus on shareholder value creation Customer Engagement ~23 Products Purchased Per Customer Annually High repeat purchase behaviour Strong customer loyalty & multi-year relationships 26 Note : Data as of FY26
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27 Revenue breakup based on figures in USD mn Voice of Customer as a Strategic Asset Voice of Customer Portal TV revenues Digital revenues B2C Revenues by Format 67% 59% 56% 33% 41% 44% FY20 FY25 FY26 US UK Europe B2C Revenues by Geography 69% 59% 59% 31% 29% 30% 12% 11% FY20 FY25 FY26 Unique Customer Base (in 000') 497 461 585 710 681 FY22 FY23 FY24 FY25 FY26 Budget Pay revenues Non-Budget Pay revenues Budget Pay (% to B2C Revenues) 61% 61% 62% 39% 39% 38% FY20 FY25 FY26 B2C Revenues by Product Lifestyle ProductsFashion Jewellery 78% 67% 65% 22% 33% 35% FY20 FY25 FY26 Budget Pay revenues refer to products sold on EMI basis Unified Customer Feedback Hub Consolidates customer inputs from emails, messages, social media platforms, and product returns. AI-Powered Issue Resolution AI-driven sentiment analysis to categorize feedback and route complaints. Real-Time VOC Dashboard Live monitoring platform that flags negative sentiment cases for timely intervention. Closed-Loop Feedback System Call centre teams India capture customer insights & relay them for continuous improvement. Strong Customer Satisfaction Metrics 96%+ CSAT across key markets and NPS above 57% in US & UK during FY26 27
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28 15–20 Consecutive quarters of dividend payout funded entirely from FCFs 38% Of FY26 FCF (₹100 Cr) returned as dividends ₹100 Cr Total dividends paid in FY26 ₹686 Cr Cumulative dividends paid since FY20 (~51% payout) Market capitalisation has compounded at 19% CAGR since listing, excluding the dividend stream entirely A consistent, cash-anchored dividend policy sustained through both investment and harvest phases. FY23 FY24 FY25 FY26FY23 FY24 FY25 FY26 9% 10% 12% 15% 18% 14% 19% 19% 24% 24% Consistent Shareholder Returns ROE ROCE Q1 FY27 Q1 FY27
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Growth Strategy 04 29
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30 USA · Video/Live Commerce ($bn) 50 68 2023 2026F Immediate TAM: $14–15 bn Rapid expansion of livestreaming and video-integrated commerce. Shop LC anchors ~$232mn revenue — under 0.3% of this TAM UK · Online Retail Sales (£bn) 123 127 132 2023 2024 2025 Immediate TAM: $2–2.5 bn 3rd largest e-commerce market globally TJC + Ideal World combined ~£87mn — a fraction of the base Germany · E-Commerce Sales (€bn) 89 92 96 2024 2025 2026F Immediate TAM: ~$3bn (incl. Austria) EU's largest consumer economy; content-driven shopping habit Shop LC Germany at €27mn, now turning profitable Aggregate platform TAM: ~$20bn · VGL's combined FY26 revenue of ~₹3,692 Cr (~$416mn) represents scope for high penetration VGL Today Expanding Addressable Markets Supporting Long-Term Growth Sources: USA: Statista-sourced US livestreaming/video commerce sales. UK: ONS online retail sales (2023/2024 actuals, via Retail Gazette analysis, Feb 2025); 2025 growth rate per eMarketer forecast (Netguru, Nov 2025), Germany: HDE (Handelsverband Deutschland) Online Monitor 2025, cross- referenced by bevh using Destatis data; 2025/2026 are HDE's own forecasts.
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31 Emerging Growth Engines Revenue (in Euro mn)Revenue and Unique Customers * Including 18K common customers of TJC 7 21 24 69 138 142 0 50 100 150 0 10 20 30 FY24 FY25 FY26 Net Revenue (£ in mn) Unique Customers (in '000) FY22 FY23 FY24 FY25 FY26 4 14 21 26 27 Ideal World Mindful Souls Key Updates Lower recurring subscription revenues due to reduced customer acquisition Sustained strong gross margin Launched 145 new products during Q1 FY27 Germany Key Updates Better product mix & pricing discipline Sustained market share gains in TV Digital performance improved to ~24%Strong gross margins at 68% Q1 FY27 revenue £ 6 mn Unique customer (TTM) 143K* Profitability Sustained Strong EBITDA Margins Q1 FY27 Revenue ~$ 4 mn Unique customer (TTM) 99K Customer 28% New customer growth YoY Q1 FY27 revenue € 6 mn Digital sales mix ~24% Lifestyle Products’ sales mix ~32%
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32 Lab-Grown Diamonds: A Structural Growth Opportunity *Fortune Business Insights Rising consumer acceptance of sustainable and ethically sourced jewellery Attractive price-value proposition driving adoption across new customer segments Chemically, physically and optically identical to natural diamonds Increasing penetration across bridal, fashion and gifting categories 34.0 92.0 2026 2034 Global lab grown diamond market size* (USD billion) Lab grown diamond business Q1 FY27 Revenue contribution (VGL) Others Lab Grown Diamonds 13%
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33 Digital business breakout ▪ FY27 target: 50% of B2C revenue from digital (up from 44% in FY26). ▪ All channel websites now on Shopify, a D2C-first platform Live commerce & social media ▪ Live commerce becomes a bigger medium ▪ Meta and TikTok marketing broaden customer acquisition ▪ Global livestream e-commerce is growing at a ~41% CAGR industry-wide Germany normalisation ▪ First full year of positive EBITDA achieved in FY26 ▪ Expected to contribute towards profitability from FY27 Mindful Souls & Ideal World scaling ▪ Both acquisitions delivered profitably in FY26, now growth contributors In-house brands & lifestyle mix ▪ Brands Targeting 60%+ of B2C revenue by FY27 (from 48.8%); ▪ Lifestyle products targeting 50% of B2C revenue medium- term (from 35% today) AI-led planning & efficiency ▪ AI product-scheduling tool now in production ▪ Generative AI scaling content and SEO ▪ Continued investment in demand forecasting & personalisation 33 Revenue Target of ₹5,000–5,500 Crores by FY30 Growth Drivers & FY30 Roadmap
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34 Platform Strength Platform Reality (FY26) Growth quality 26% EBITDA growth + 74% PAT growth on 9.2% topline growth. EPS up 73% to ₹16.0 Margin durability 63.5% gross margin underpinned by ~49% in-house brand mix (streamlined from 33 to 16 brands) + owned manufacturing Capital efficiency ROCE 24%; net-cash balance sheet (₹296 Cr); FCF-funded growth — no equity raised, no net debt Channel resilience 44% digital and rising toward 50% FY27 target; OTT + social distribution; all 4 channel sites migrated to Shopify. Geographic diversification Europe now 11% and fastest-growing; Germany's first full year of positive EBITDA; Mindful Souls and Ideal World both profitable Governance Majority-independent board (62.5%); ICSI Governance Award; Big Four audit; FCF-anchored dividend policy; credit-rated ICRA A+/CARE A+ What Sets Us Apart
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35 Mr. Sunil Agrawal Managing Director, Mr. Nitin Panwad Group CFO Mr. Vineet Ganeriwala President, Shop LC (US) Mr. Deepak Mishra Managing Director, TJC, Mr. Raghuveer Patnala Managing Director, Germany Total Exp – 46 years VGL Exp – 46 years Total Exp – 16 years VGL Exp – 15 years Total Exp – 27 years VGL Exp – 6 years Total Exp – 20 years VGL Exp – 20 years Total Exp – 15 years VGL Exp – 12 years • First generation entrepreneur • Founded Vaibhav Enterprises in 1980 • Veteran of the gems and jewelry industry • Chartered Accountant • Cost optimization and process improvements • Established the German subsidiary • Chartered Accountant; IIM Kolkata alumnus • Former Country Finance Controller (Italy/Germany) at Vodafone • Expert in strategic financial leadership • Expert in TV home shopping and e-commerce • Driven double-digit revenue growth at TJC • Multi-category leader in jewelry and fashion • IIM Udaipur MBA; joined as Management Trainee in 2014 • Previous leadership roles in China and UK • Leads German digital transformation and CRM Strong Leadership
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36 Mr. Sabaresh Kumar CHRO, VGL Group Mr. Aswini Agarwal Head of Supply Chain-Asia Mr. Ankur Sogani Vice President, Commercial, (US) Mr. Mohammed Farooq Chief Technology Officer, VGL Group Mr. Ashish Dawra Vice President, Global IT Total Exp – 26 years VGL Exp – 1 years Total Exp – 21 years VGL Exp – 18 years Total Exp – 27 years VGL Exp – 23 years Total Exp – 21 years VGL Exp – 3 years Total Exp – 27 years VGL Exp – 23 years • BS Computer Science from Calicut University • Two times Edtech Startup founder • Deep expertise & strong focus on inclusion, leadership coaching, organizational effectiveness, and future-ready workforce models • MBA from University of Rajasthan • Secured "Great Place to Work" certification for VGL India • Two-time Rajasthan State Award winner for exports • MBA in Marketing & Finance • Specialist in TV shopping and digital marketplaces • Expert in global sourcing and product innovation • Expert in AI, MLOps, and digital scaling • Background in space, defense, and high-tech sectors • Leads large-scale engineering and product teams • M.Sc. in Computer Science • Two-decade tenure with VGL Group • Built technology platforms for TV shopping and ERP Management team
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37 'Your Purchase Feeds' — flagship ESG program ▪ 115mn+ meals distributed to date, ~58,000 meals served every school day — funded by every product sold across VGL's platforms ▪ Long-term mission: 1 million meals per school day by FY40 — a formal, board-level ambition, not a slogan ▪ Delivered through named partners: Akshaya Patra Foundation (India); No Kid Hungry, Backpack Friends (US); Magic Breakfast, Felix Project (UK) Manufacturing sustainability Jaipur SEZ is LEED Platinum, Net Zero Energy certified (India's 16th such certification). Two India units now fully solar-powered; UK & Germany facilities 100% renewable. Climate commitments Aligned to the Science Based Targets initiative (SBTi) and the 1.5 °C Paris pathway: Scope 1&2 down 60% absolute by 2035, Scope 3 intensity down 70% by 2035 (FY24-25 baseline). Customer inclusion Budget Pay, VGL's no-interest instalment programme, reached 38% of B2C revenue in FY26 — broadening affordability for value-conscious customers. Combined ESG rating ICRA Combined ESG Rating of 74 ('Strong') — an independent, third-party-verified score, not a self-assessment. ESG — Social Impact Beyond the Financials
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Thank You Company VaibhavGlobal Limited Nitin Panwad, Group CFO Nitin.panwad@vglgroup.com Vivek Jain Head-Investor Relations Vivek.jain@vglgroup.com www.vaibhavglobal.com Investor Relations Advisors Ernst & Young LLP Vikash Verma Vikash.Verma1@in.ey.com Sumedh Desai Sumedh.desai@in.ey.com Sukhin Naphade Sukhin.S.Naphade@in.ey.com