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 ₹ 25.4 Cr.
- Current Price ₹ 24.3
- High / Low ₹ 35.3 / 21.8
- Stock P/E 8.73
- Book Value ₹ 50.6
- Dividend Yield 2.06 %
- ROCE 9.76 %
- ROE 5.63 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.48 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 8.08% over last 3 years.
- Contingent liabilities of Rs.8.07 Cr.
- Earnings include an other income of Rs.7.55 Cr.
* 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
Part of Nifty SME Emerge
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 205 | 72 | 123 | 207 | 446 | 359 | 440 | |
| 203 | 89 | 125 | 210 | 443 | 349 | 435 | |
| Operating Profit | 2 | -17 | -2 | -3 | 2 | 10 | 5 |
| OPM % | 1% | -24% | -2% | -1% | 0% | 3% | 1% |
| 2 | 19 | 4 | 7 | 9 | 7 | 8 | |
| Interest | 2 | 1 | 1 | 2 | 5 | 9 | 9 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 1 | 1 | 2 | 5 | 7 | 4 |
| Tax % | 30% | 27% | 30% | 23% | 27% | 22% | 22% |
| 2 | 0 | 1 | 2 | 4 | 6 | 3 | |
| EPS in Rs | 19.73 | 6.14 | 1.61 | 4.07 | 4.68 | 5.30 | 2.78 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 9% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 29% |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 19% |
| TTM: | 7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -26% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 8% |
| Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.77 | 0.77 | 5 | 4 | 8 | 10 | 10 |
| Reserves | 17 | 17 | 14 | 21 | 20 | 40 | 42 |
| 25 | 21 | 22 | 32 | 50 | 84 | 65 | |
| 20 | 2 | 6 | 5 | 10 | 12 | 7 | |
| Total Liabilities | 63 | 41 | 47 | 62 | 89 | 147 | 125 |
| 3 | 2 | 2 | 7 | 9 | 8 | 8 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4 | 1 | 1 | 1 | 0 | 0 | 0 |
| 56 | 37 | 44 | 54 | 79 | 138 | 116 | |
| Total Assets | 63 | 41 | 47 | 62 | 89 | 147 | 125 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 1 | 5 | 10 | -4 | 10 | |||
| 0 | -4 | -4 | 0 | -4 | |||
| -2 | 1 | -8 | 5 | -10 | |||
| Net Cash Flow | -0 | 2 | -1 | 2 | -3 | ||
| Free Cash Flow | 1 | -0 | 8 | -0 | 10 | ||
| CFO/OP | -74% | -176% | 503% | -20% | 230% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 31 | 56 | 50 | 31 | 29 | 65 | 44 |
| Inventory Days | 5 | 14 | 15 | 0 | 0 | 12 | 18 |
| Days Payable | 2 | 3 | 17 | 6 | 3 | ||
| Cash Conversion Cycle | 33 | 66 | 48 | 31 | 29 | 70 | 59 |
| Working Capital Days | 35 | 16 | 3 | 12 | -2 | 13 | 18 |
| ROCE % | 5% | 5% | 9% | 15% | 12% | 10% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Export share of net sales % |
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| Ferro Silico Manganese share of net sales % |
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| High Carbon Ferro Chrome share of net sales % |
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| High Carbon Ferro Manganese share of net sales % |
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| Silico Manganese share of net sales % |
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Extracted by Screener AI
Documents
Announcements
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
13 July 2026 - Regulation 74(5) certificate for dematerialization confirmed for quarter ended 30 June 2026.
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Reply to Clarification- Financial results
8 July 2026 - QVC Exports replies to NSE query; auditor certifies IPO proceeds fully utilized as of 30 Sep 2025.
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Clarification - Financial Results
27 June 2026 - Exchange has sought clarification from QVC Exports Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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Outcome of Board Meeting
30 May 2026 - Board approved FY26 audited standalone and consolidated results; reappointed internal auditor; noted SEBI warning letter.
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Outcome of Board Meeting
30 May 2026 - Board approved FY26 audited standalone and consolidated results, reappointed internal auditor, and noted SEBI warning letter.
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.