Price
Financials
Consolidated, Rs crore| Sep 2023 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Sales | 288 | 198 | 161 | 208 | 232 |
| Expenses | 285 | 193 | 156 | 204 | 231 |
| Operating Profit | 3 | 5 | 5 | 4 | 1 |
| OPM % | 1.0% | 2.5% | 3.0% | 1.8% | 0.6% |
| Other Income | 4 | 2 | 5 | 3 | 5 |
| Interest | 2 | 4 | 5 | 4 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 5 | 3 | 4 | 2 | 2 |
| Tax % | 29% | 28% | 18% | 17% | 28% |
| Net Profit | 5 | 4 | 4 | 2 | 1 |
| EPS in Rs | 12.16 | 4.15 | 3.45 | 2.00 | 1.20 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 72 | 123 | 207 | 446 | 359 | 440 |
| Expenses | 89 | 125 | 210 | 443 | 349 | 435 |
| Operating Profit | -17 | -2 | -3 | 2 | 10 | 5 |
| OPM % | -24% | -1.7% | -1.5% | 0.5% | 2.7% | 1.2% |
| Other Income | 20 | 4 | 7 | 9 | 7 | 8 |
| Interest | 1 | 1 | 2 | 5 | 9 | 9 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 1 | 2 | 5 | 7 | 4 |
| Tax % | 24% | 28% | 23% | 27% | 22% | 22% |
| Net Profit | 1 | 1 | 2 | 6 | 8 | 3 |
| EPS in Rs | 10.84 | 2.68 | 5.48 | 7.20 | 7.62 | 3.20 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 7% | 31% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 44% | 29% | 23% | ||
| Compounded Profit Growth | % | 42% | 16% | -10% | ||
| Stock Price CAGR | % | % | % | -20% | ||
| Return on Equity | % | 9% | 10% | 6% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.77 | 5 | 4 | 8 | 10 | 10 |
| Reserves | 25 | 22 | 24 | 26 | 48 | 50 |
| Borrowings | 21 | 22 | 32 | 50 | 84 | 65 |
| Other Liabilities | 2 | 6 | 5 | 10 | 12 | 7 |
| Total Liabilities | 49 | 55 | 65 | 94 | 154 | 133 |
| Fixed Assets | 3 | 2 | 7 | 9 | 8 | 8 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 6 | 5 | 4 | 6 | 8 | 8 |
| Other Assets | 40 | 47 | 54 | 79 | 138 | 116 |
| Total Assets | 49 | 55 | 65 | 94 | 154 | 133 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1 | 2 | 3 | 10 | 10 | -4 |
| Cash from Investing Activity | 3 | 1 | -4 | -4 | -4 | 0 |
| Cash from Financing Activity | -6 | -2 | 1 | -8 | -8 | 5 |
| Net Cash Flow | -2 | 2 | 1 | -1 | -1 | 2 |
| Free Cash Flow | 1 | 2 | -2 | 8 | 8 | -0 |
| CFO/OP | -9% | -115% | -90% | 503% | 107% | -37% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 56 | 50 | 31 | 29 | 65 | 44 |
| Inventory Days | 14 | 15 | 0 | 0 | 12 | 18 |
| Days Payable | 3 | 17 | 6 | 3 | ||
| Cash Conversion Cycle | 67 | 48 | 31 | 29 | 70 | 59 |
| Working Capital Days | 15 | 8 | 12 | -2 | 13 | 18 |
| ROCE % | 5% | 8% | 14% | 11% | 9% |
| Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|
| Promoters | 73.22% | 73.22% | 73.22% | 73.22% |
| FIIs | 0.26% | 0.02% | 0.02% | 0.02% |
| DIIs | 0.15% | 0.06% | 0.06% | 0.17% |
| Public | 26.37% | 26.70% | 26.70% | 26.60% |
| No. of Shareholders | 1,220 | 1,069 | 1,010 | 956 |
Fundamentals
Market Cap₹ 24.2 Cr.
Current Price₹ 23.2
Stock P/E7.26
Book Value₹ 58.3
ROCE9.19 %
ROE5.61 %
Dividend Yield4.32 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)23%
Compounded Profit Growth (TTM)-10%
Consolidated figures.
Valuation
Market capRs 25 Cr
Enterprise valueRs 44 Cr
P/E (TTM)20.40x
Price to book0.94x
Price to sales0.20x
EV / EBITDA18.84x
EV / EBIT19.68x
EV / sales0.36x
Price to cash flow12.93x
Earnings yield4.90%
Profitability
Operating margin (excl. other income)-1.67%
Operating margin (incl. other income)1.90%
EBITDA margin1.90%
Pre-tax margin1.02%
Net profit margin1.00%
ROE4.72%
ROCE4.73%
ROA2.38%
ROIC (approx.)3.53%
Tax rate28.00%
Other income / net worth16.49%
Growth
Sales growth (latest year)71.45%
Profit growth (latest year)48.19%
Per share
EPS (TTM)Rs 1.18
EPS (latest year)Rs 2.68
Book value per shareRs 25.52
Sales per shareRs 117.77
Cash flow per shareRs 1.86
Free cash flow per shareRs -0.00
Efficiency
Asset turnover2.25x
Fixed asset turnover53.52x
Inventory turnover25.53x
Inventory days14 days
Debtor days50 days
Debtors turnover7.31x
Creditor days3 days
Cash conversion cycle59 days
Working capital days18 days
Leverage
Total debtRs 22 Cr
Cash and bankRs 3 Cr
Net debtRs 19 Cr
Debt to equity0.81x
Net debt / EBITDA8.12x
Interest coverage2.26x
Owners' fund to total sources48.86%
Debt to assets39.53%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs -2 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs -0 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Cash from ops / profit, 5 years1.05x
Sales to cash flow63.45x
Statement figures
Net sales (TTM)Rs 123 Cr
Net sales (latest year)Rs 123 Cr
Operating profit excl. other income (latest year)Rs -2 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 107 Cr
Total expenditure (latest year)Rs 125 Cr
Total income (latest year)Rs 128 Cr
Share capitalRs 5 Cr
ReservesRs 22 Cr
Shareholders' fundsRs 27 Cr
Total assetsRs 55 Cr
Net blockRs 2 Cr
InvestmentsRs 5 Cr
ReceivablesRs 17 Cr
InventoryRs 4 Cr
Other liabilitiesRs 6 Cr
Shares outstanding (crore)1.05
Ownership
Promoter holding73.22%
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | QVCEL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +3.2% | -2.8% | +6.0 pts |
| 1 month | -10.3% | -6.8% | -3.5 pts |
| 3 months | -3.0% | -7.6% | +4.6 pts |
| 6 months | -5.9% | +0.4% | -6.3 pts |
| 1 year | -30.0% | -9.9% | -20.1 pts |
Red flags
F-score 7 of 8| look | Share dilution Share count up 475% in a year |
| look | Profit leans on other income Other income was 352% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹232 Cr -19.4% vs Sep 2023.
Net profit ₹1 Cr -80.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Indian Metals & Ferro Alloys Ltd | 6,510 | 12.4 | 18.4 % |
| Maithan Alloys Ltd | 2,703 | 9.30 | 7.67 % |
| VISA Chrome Ltd | 503 | -5.58 % | |
| Nilachal Carbo Metalicks Ltd | 326 | 30.9 | 14.7 % |
| Nagpur Power & Industries Ltd | 238 | 0.91 % | |
| Jainam Ferro Alloys (I) Ltd | 236 | 36.5 | 6.89 % |
| Owais Metal and Mineral Processing Ltd | 127 | 76.9 | 4.30 % |
| Indsil Hydro Power & Manganese Ltd | 106 | 7.59 | 7.78 % |
| Shyam Century Ferrous Ltd | 105 | -7.40 % | |
| Chrome Silicon Ltd | 68 | -17.4 % | |
| Facor Alloys Ltd | 61 | -17.6 % | |
| Impex Ferro Tech Ltd | 56 | % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded
Quick answers
What is the market cap of QVC Exports Ltd?
QVC Exports Ltd (QVCEL) has a market capitalisation of Rs 24.2 Cr. at the 2026-10-01 close.
What is the P/E ratio of QVC Exports Ltd?
QVC Exports Ltd trades at a P/E of 7.26 on trailing twelve-month profit, at the 2026-10-01 close.
What were QVC Exports Ltd's latest quarterly results?
In the Mar 2026 quarter, QVC Exports Ltd sales was Rs 232 Cr (-19.4% vs Sep 2023) and net profit was Rs 1 Cr.
What is the 52-week high and low of QVC Exports Ltd?
The 52-week high is Rs 35.30 and the 52-week low is Rs 21.75.