Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹25 Cr.
Stock P/E
8.6
P/B
0.4
Current Price
₹24
Book Value
₹ 58.3
Face Value
10
52W High
₹35.3
52W Low
₹ 21.8
Dividend Yield
4.17%

QVC Exports Overview

Business

QVC Exports Ltd. (QVCEL) operates in the Trading sector within India. As a trading company, its core business involves buying and selling goods, often across different markets or geographies, to profit from price differences or by adding value through logistics, financing, and market access. Its business model typically revolves around identifying demand-supply gaps, sourcing products efficiently from producers, and distributing them to customers. Revenue is generated from the margin between the purchase price and the selling price of goods, alongside potential fees for related services like warehousing or transportation. The specific types of goods traded by QVCEL are not available.

Revenue Mix

Information on specific business segments or a detailed revenue mix for QVC Exports Ltd. is not available. Typically, trading companies may segment their operations by product category (e.g., agricultural commodities, industrial goods, consumer products), geographical markets (domestic vs. international exports/imports), or by type of trading activity (e.g., bulk trading, retail distribution support).

Industry

The trading industry in India is generally fragmented and highly competitive, characterized by numerous players ranging from small local merchants to large diversified trading houses. Profit margins can often be thin, especially for commodity-based trading. Success relies heavily on efficient supply chain management, strong relationships with suppliers and customers, and effective risk management. Without further details on QVCEL's scale, specialisation, or specific product focus, its precise positioning relative to peers (e.g., market leader, niche player, generalist) cannot be determined.

MOAT

For a pure trading company, developing a strong competitive moat can be challenging. Potential advantages (moats) could include:

Strong Supplier/Customer Relationships: Long-standing, exclusive, or deeply embedded relationships.

Efficient Logistics & Supply Chain: Superior efficiency in warehousing, transportation, and delivery, leading to lower costs or faster turnaround.

Market Knowledge & Arbitrage: Deep understanding of specific product markets, demand-supply dynamics, and pricing inefficiencies.

Scale & Capital Efficiency: Ability to deploy large capital for bulk purchasing or extending credit, combined with efficient working capital management.

Proprietary Technology/Platforms: Use of advanced analytics or platforms to optimize trading decisions and operations.

However, without specific information, it is not possible to confirm if QVCEL possesses any durable competitive advantages. Many trading companies operate with limited moats, relying on operational excellence and market responsiveness.

Growth Drivers

Key factors that could drive QVC Exports Ltd.'s growth over the next 3-5 years include:

Economic Growth & Trade Expansion: Overall economic growth in India and its trading partners, leading to increased demand for goods and cross-border trade volumes.

Diversification: Expansion into new product categories or geographical markets.

Supply Chain Optimization: Enhancements in logistics, warehousing, and inventory management to improve efficiency and reduce costs.

Digital Transformation: Adoption of technology for better market intelligence, risk management, and operational efficiency.

Strategic Partnerships: Forming alliances with producers or large distributors to secure supply or market access.

Value-Added Services: Offering additional services beyond basic trading, such as financing, quality control, or customisation.

Risks

Key business risks for QVC Exports Ltd. include:

Commodity Price Volatility: Fluctuations in the prices of traded goods can significantly impact margins.

Foreign Exchange Risk: For international trade, currency movements can erode profits.

Credit Risk: Risk of default by customers on payments or by suppliers on delivery.

Supply Chain Disruptions: Geopolitical events, natural disasters, or logistical bottlenecks can disrupt supply and demand.

Intense Competition: The fragmented nature of the trading industry can lead to price wars and margin erosion.

Regulatory & Trade Policy Changes: Tariffs, import/export restrictions, and other trade policies can impact business operations.

Inventory Risk: Holding unsold inventory or experiencing obsolescence can lead to losses.

Management & Ownership

Specific details about the promoters, key management personnel, or the precise ownership structure of QVC Exports Ltd. are not available. In India, many trading companies are promoter-driven, with significant ownership held by the founding family or individuals. The quality of management is critical in the trading sector for effective risk management, relationship building, and strategic decision-making in a fast-paced environment.

Outlook

The outlook for QVC Exports Ltd. is generally tied to global and domestic trade dynamics, economic growth, and its operational efficiency. The trading sector offers opportunities from expanding trade volumes and market arbitrage but also presents significant challenges due to low margins, intense competition, and exposure to various market and financial risks. For QVCEL to thrive, it would likely need to demonstrate strong execution in supply chain management, effective risk mitigation, and the ability to identify and capitalise on niche market opportunities or add significant value beyond basic transaction facilitation. Without specific details on its market segment, scale, or competitive positioning, a definitive assessment is not possible, but the company operates in a cyclical and competitive environment requiring constant adaptation.

QVC Exports Share Price

Live · NSE · Inception: 2005
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

QVC Exports Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

QVC Exports Profit & Loss

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 286 205 72 123 207 446 359 440
Other Income 4 2 20 5 7 9 7 8
Total Income 290 207 92 128 215 455 366 448
Total Expenditure 284 203 89 125 210 444 349 435
Operating Profit 6 4 2 2 4 11 17 13
Interest 1 2 1 1 2 5 9 9
Depreciation 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0
Profit Before Tax 4 2 1 1 2 5 7 4
Provision for Tax 1 1 0 0 1 1 2 1
Profit After Tax 3 2 1 1 2 4 6 3
Adjustments 21 -14 0 0 1 2 2 0
Profit After Adjustments 24 -13 1 1 2 6 8 3
Adjusted Earnings Per Share 259.3 -138.8 9.1 2.7 5.5 7.2 7.6 3.2

QVC Exports Balance Sheet

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 44 30 25 27 28 34 58 61
Minority's Interest 0 0 0 0 0 0 0 0
Borrowings 7 7 2 2 5 3 1 0
Other Non-Current Liabilities 0 18 1 -0 0 0 0 0
Total Current Liabilities 61 19 20 26 32 57 95 72
Total Liabilities 113 75 49 55 65 94 154 133
Fixed Assets 3 3 3 2 7 9 8 8
Other Non-Current Assets 32 30 22 21 16 28 34 30
Total Current Assets 78 42 24 32 42 57 112 95
Total Assets 113 75 49 55 65 94 154 133

QVC Exports Cash Flow

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 1 1 3 1 3 3 2 0
Cash Flow from Operating Activities -5 5 1 2 3 10 -4 0
Cash Flow from Investing Activities 2 1 3 1 -4 -4 0 0
Cash Flow from Financing Activities 3 -3 -6 -2 1 -8 5 0
Net Cash Inflow / Outflow -0 3 -2 2 1 -1 2 0
Closing Cash & Cash Equivalent 1 3 1 3 3 2 4 0

QVC Exports Ratios

# Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 259.29 -138.84 9.06 2.69 5.48 7.2 7.61 3.19
CEPS(Rs) 36.9 19.84 9.96 2.19 4.35 4.98 5.69 3.19
DPS(Rs) 0 15 0 0 0 0 0.5 1
Book NAV/Share(Rs) 481.83 326.19 277.02 58.09 66.73 40.56 55.6 58.29
Core EBITDA Margin(%) 0.59 0.96 -24.23 -1.94 -1.48 0.47 2.69 1.18
EBIT Margin(%) 1.87 1.98 3.24 1.82 2.08 2.34 4.51 2.79
Pre Tax Margin(%) 1.41 1.2 1.46 1.01 1.08 1.22 1.97 0.85
PAT Margin (%) 1.12 0.83 1.11 0.74 0.83 0.88 1.54 0.66
Cash Profit Margin (%) 1.18 0.89 1.27 0.82 0.88 0.94 1.66 0.76
ROA(%) 2.86 1.8 1.29 1.76 2.87 4.95 4.47 2.03
ROE(%) 7.27 4.56 2.88 3.47 6.27 12.65 12.02 4.89
ROCE(%) 7.67 6.54 4.61 4.74 7.92 14.5 14.33 9.19
Receivable days 50.67 50.68 71.71 41.23 30.43 21.86 50.62 48.4
Inventory Days 12.07 10.68 12.94 10.02 0 0 10.43 12.24
Payable days 18.98 14.58 4.98 9.37 8.77 5.23 7.61 3.83
PER(x) 0 0 0 0 0 0 2.93 6.83
Price/Book(x) 0 0 0 0 0 0 0.4 0.37
Dividend Yield(%) 0 0 0 0 0 0 2.24 4.59
EV/Net Sales(x) 0.09 0.11 0.29 0.19 0.16 0.13 0.29 0.2
EV/Core EBITDA(x) 4.64 5.27 8.46 10.08 7.53 5.26 6.24 6.8
Net Sales Growth(%) 0 -28.28 -64.99 71.38 68.35 115.2 -19.55 22.73
EBIT Growth(%) 0 -24.09 -42.68 -3.65 91.82 143.16 54.88 -24.04
PAT Growth(%) 0 -47.38 -52.89 13.5 89.4 129.04 41 -47.45
EPS Growth(%) 0 -153.55 106.52 -70.34 104.09 31.32 5.73 -58.07
Debt/Equity(x) 0.57 0.82 0.82 0.81 1.15 1.46 1.45 1.06
Current Ratio(x) 1.28 2.18 1.21 1.2 1.31 1 1.17 1.32
Quick Ratio(x) 1.12 2.05 1.08 1.04 1.31 1 1.07 1.05
Interest Cover(x) 4.11 2.53 1.82 2.26 2.08 2.08 1.78 1.44
Total Debt/Mcap(x) 0 0 0 0 0 0 3.61 2.84

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +23% +29% +44% —
Operating Profit CAGR -24% +48% +45% —
PAT CAGR -50% +14% +25% —
Share Price CAGR -19% — — —
ROE Average +5% +10% +8% +7%
ROCE Average +9% +13% +10% +9%

QVC Exports Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 73.22 %
FII 0.02 %
DII (MF + Insurance) 0.17 %
Public (retail) 26.6 %
# Sep 2024 Mar 2025 Sep 2025 Mar 2026
Promoter 73.2273.2273.2273.22
FII 0.260.020.020.02
DII 0.150.060.060.17
Public 26.3726.726.726.6
Others 0000
Total 100100100100

QVC Exports Peer Comparison

QVC Exports Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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QVC Exports Pros & Cons

Pros

  • Stock is trading at 0.4 times its book value
  • Company has delivered good profit growth of 24% CAGR over last 5 years
  • Debtor days have improved from 7.61 to 3.83days.
  • Company has reduced debt.

Cons

  • Company has a low return on equity of 10% over the last 3 years.
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