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 ₹ 34.8 Cr.
- Current Price ₹ 33.2
- High / Low ₹ 162 / 22.2
- Stock P/E 6.27
- Book Value ₹ 48.3
- Dividend Yield 0.00 %
- ROCE 16.9 %
- ROE 14.7 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.69 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
-
Disclosure under SEBI Takeover Regulations
27 June 2025 - Nilesh Kumar Sharma has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …
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General Updates
25 June 2025 - QVC Exports incorporates Trafasa Technologies Pvt Ltd, holding 64% shares, to expand digital B2B platform services.
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Clarification - Financial Results
24 June 2025 - Exchange has sought clarification from QVC Exports Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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General Updates
21 June 2025 - QVC Exports reports audited FY25 financials, appoints director, forms subsidiary, and confirms IPO proceeds usage.
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Updates
19 June 2025 - QVC Exports approved FY25 audited results, appointed new whole-time director, and decided to form a subsidiary.
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.