Outcome of Board Meeting - 21 May 2026
VAIBHAVGBL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vaibhav Global Ltd reported strong full-year FY26 results with consolidated revenue from operations at ₹3,69,179 lakhs, up 9.2% from ₹3,37,958 lakhs in FY25. Profit after tax surged 74% to ₹26,613 lakhs from ₹15,313 lakhs year-on-year, driven by higher segment profits and exceptional items including a ₹2,969 lakhs ERC grant (US stimulus) offset partially by ₹2,502 lakhs goodwill impairment for Mindful Souls BV subsidiary. The Board recommended a final dividend of ₹1.50 per share (75% on ₹2 face value), adding to ₹4.50 interim dividends already paid, making total FY26 dividend ₹6.00 per share. The company also transitioned to new tax regime and recognized ₹4,671 lakhs additional deferred tax asset on MAT credit.
The robust 74% PAT growth signals strong operational performance despite modest 9% revenue growth, likely positive for the stock. The goodwill impairment on Mindful Souls suggests ongoing challenges in certain overseas operations. Shareholders can expect dividend income if approved at the August 2026 AGM.