QVC Exports Ltd
Incorporated in 2005, QVC Exports Ltd is in the business of dealing in ferroalloys, and raw materials for the manufacturing of steel[1]
- Market Cap ₹ 34.1 Cr.
- Current Price ₹ 32.6
- High / Low ₹ 162 / 22.2
- Stock P/E 6.16
- Book Value ₹ 48.3
- Dividend Yield 0.00 %
- ROCE 16.9 %
- ROE 14.7 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.68 times its book value
- Company has delivered good profit growth of 31.5% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 13.2% over last 3 years.
- Earnings include an other income of Rs.6.95 Cr.
- Debtor days have increased from 36.9 to 64.9 days.
- Working capital days have increased from 61.8 days to 97.9 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Metals & Mining Ferrous Metals Ferro & Silica Manganese
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 205 | 72 | 123 | 207 | 446 | 359 | |
| 203 | 89 | 125 | 210 | 444 | 349 | |
| Operating Profit | 2 | -17 | -2 | -3 | 2 | 10 |
| OPM % | 1% | -24% | -2% | -1% | 0% | 3% |
| 2 | 19 | 4 | 7 | 9 | 7 | |
| Interest | 2 | 1 | 1 | 2 | 5 | 9 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 1 | 1 | 2 | 5 | 7 |
| Tax % | 30% | 27% | 30% | 23% | 27% | 22% |
| 2 | 0 | 1 | 2 | 4 | 6 | |
| EPS in Rs | 19.73 | 6.14 | 1.61 | 4.07 | 4.68 | 5.30 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 43% |
| TTM: | -20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 96% |
| TTM: | 41% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 13% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.77 | 0.77 | 5 | 4 | 10 | |
| Reserves | 17 | 17 | 14 | 21 | 40 | |
| 25 | 21 | 22 | 32 | 84 | ||
| 20 | 2 | 6 | 5 | 12 | ||
| Total Liabilities | 63 | 41 | 47 | 62 | 147 | |
| 3 | 2 | 2 | 7 | 8 | ||
| CWIP | 0 | 0 | 0 | 0 | 0 | |
| Investments | 4 | 1 | 1 | 1 | 0 | |
| 56 | 37 | 44 | 54 | 138 | ||
| Total Assets | 63 | 41 | 47 | 62 | 147 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 1 | 5 | 10 | -4 | |||
| 0 | -4 | -4 | 0 | |||
| -2 | 1 | -8 | 5 | |||
| Net Cash Flow | -0 | 2 | -1 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 31 | 56 | 50 | 31 | 65 | |
| Inventory Days | 5 | 14 | 15 | 0 | 12 | |
| Days Payable | 2 | 3 | 17 | 6 | ||
| Cash Conversion Cycle | 33 | 66 | 48 | 31 | 70 | |
| Working Capital Days | 65 | 110 | 62 | 60 | 98 | |
| ROCE % | 5% | 5% | 9% |
Documents
Announcements
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
6 June 2025 - QVC EXPORTS LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Outcome of Board Meeting
5 June 2025 - Approved FY25 audited results; appointed Mrs. Priti Sharma as whole-time director; decided to form subsidiary.
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Outcome of Board Meeting
5 June 2025 - Approved FY25 audited results; appointed Mrs. Priti Sharma as whole-time director; decided to form subsidiary.
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Appointment
5 June 2025 - Approved FY25 audited results; appointed new whole-time director; decided to form subsidiary company.
-
Board Meeting Intimation
31 May 2025 - QVC EXPORTS LIMITED has informed about Board Meeting to be held on 04-Jun-2025 to inter-alia consider and approve the Audited Financial results of the Company …
Business Overview:[1][2]
a) QVCEL is an ISO 9001-certified company that trades in a variety of metals and minerals such as iron, steel, ferroalloys, copper, nickel, aluminum, manganese ore, coal, and coke.
b) It is a producer of Bulk Ferro Alloys like High, Medium, and Low Carbon Silicon Manganese and High, Medium, and Low Carbon Ferro Manganese.
c) Company is also engaged in the dealing in raw materials for the manufacturing of steel.