QVC ExportsShare price, financial results, shareholding and management

NSE Emerge · QVCELFerrous MetalsListed 28 Aug 2024IPO ₹86
qvcgroup.com ↗Live price on NSE ↗ISIN INE0KZF01015 · Lot 1,600 shares · ₹38,640
₹24.15
+5.00% on the day
Close · 6 Nov 2026
Valuation
Market cap
₹25 cr
Stock P/E
8.4peers 30.4
Book value
₹57.4
Price to book
0.42
EV / operating profit
17.9
Market cap to sales
0.06
Returns and growth
ROCE · FY26
9.7%
ROE · FY26
5.1%
ROE, 3-year average
13.9%
Operating margin · FY26
1.2%peers 7.4%
Sales growth, 3 years
28.6%
Profit growth, 3 years
14.5%
Safety
Debt to equity
1.08peers 0.27
Borrowings
₹65 cr
Interest cover
1.4×
Cash from business / op. profit
-80%
Debtor days
44
Pledged
0.00%
Ownership and share
Promoter holding
73.22%
Change in promoter holding
0.00 pts
Shareholders
956
52-week high / low
₹33 / ₹22
Dividend yield
Paid
Face value
₹10

Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.

newboard is reading this company's filings. Its plain description, key points, management and study will appear here soon; the figures below are worked out from what it has filed.

QVC Exports share price chart

₹24.15-24.18% 1 year

Close on 6 Nov 2026 · +5.00% on the day · Vol 4,800

Daily prices to 6 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.

Share price returns

To the close of 6 Nov 2026

1 month
-3.4%
3 months
-3.8%
6 months
-17.0%
1 year
-24.2%
Since IPO
-71.9%
Traded a day, 20 days
₹0.01 cr
Taken for delivery
91%

Business growth

Sales and net profit, from the reported results

SalesProfit
FY26 on FY25+23%-62%
3 years, a year+29%+15%
Latest half, H2 FY26+44%-65%

QVC Exports revenue and profit growth

Half-yearly results · Profit and loss

Sales have grown fast. Last year profit fell even as sales rose, so the company kept less from each rupee of sales.

Sales and net profit, every year, ₹ crore
SalesNet profit
0200400600Sales, FY20: 205 ₹ cr205Net profit, FY20: 2 ₹ cr2FY20Sales, FY21: 72 ₹ cr72Net profit, FY21: 1 ₹ cr1FY21Sales, FY22: 123 ₹ cr123Net profit, FY22: 1 ₹ cr1FY22Sales, FY23: 207 ₹ cr207Net profit, FY23: 2 ₹ cr2FY23Sales, FY24: 446 ₹ cr446Net profit, FY24: 6 ₹ cr6FY24Sales, FY25: 359 ₹ cr359Net profit, FY25: 8 ₹ cr8FY25Sales, FY26: 440 ₹ cr440Net profit, FY26: 3 ₹ cr3FY26
The latest halves, ₹ crore
SalesNet profit
0100200300Sales, H1FY24: 288 ₹ cr288Net profit, H1FY24: 5 ₹ cr5H1FY24Sales, H1FY25: 198 ₹ cr198Net profit, H1FY25: 4 ₹ cr4H1FY25Sales, H2FY25: 161 ₹ cr161Net profit, H2FY25: 3.6 ₹ cr3.6H2FY25Sales, H1FY26: 208 ₹ cr208Net profit, H1FY26: 2.1 ₹ cr2.1H1FY26Sales, H2FY26: 232 ₹ cr232Net profit, H2FY26: 1.3 ₹ cr1.3H2FY26

SME companies report every six months. In the latest half, sales were higher than in the same half a year before. Profit grew more slowly than sales, so each rupee of sales left a little less profit.

QVC Exports half-yearly results

SME companies report every six months · ₹ crore

₹ crore · growth on the same half a year before
H1FY24H1FY25H2FY25H1FY26H2FY26
Sales288198161.26207.96232.38
Expenses285193156.46204.25230.91
Operating profit354.803.711.47
OPM1.0%2.5%3.0%1.8%0.6%
Interest244.914.384.18
Depreciation000.190.210.21
Profit before tax534.461.791.96
Net profit543.612.091.25

QVC Exports profit and loss

Full years to March, FY20 to FY26 · ₹ crore, consolidated where reported

₹ crore
FY20FY21FY22FY23FY24FY25FY26
Sales20572123207446358.78440
Expenses20389125210443349.13435
Operating profit2-17-2-329.665
OPM1.0%-24.0%-1.7%-1.5%0.5%2.7%1.2%
Other income2204796.958
Interest211259.119
Depreciation000000.410
Exceptional and other items·-1··-1··
Profit before tax211257.094
Tax rate0.0%0.0%0.0%0.0%-20.0%-12.3%25.0%
Net profit211267.963
EPS ₹19.7310.842.685.487.208.283.20
Dividend payout0.0%0.0%0.0%0.0%0.0%7.0%31.0%

Exceptional and other items: profit before tax beyond operating profit, other income, interest and depreciation, such as one-off items or a share of associates' profit, as reported.

A tax rate above 60% or below zero (FY24, FY25) comes from tax charged on a small or negative profit, as reported.

QVC Exports profitability

Margins and returns on capital

Last year the company kept about as much from each rupee of sales as the year before. It earns a low return on the money it uses.

Operating margin, every year

Per cent of sales kept before interest, depreciation and tax

-30%-20%-10%0%10%FY20: 1.0%1.0%FY20FY21: -24.0%-24.0%FY21FY22: -1.7%-1.7%FY22FY23: -1.5%-1.5%FY23FY24: 0.5%0.5%FY24FY25: 2.7%2.7%FY25FY26: 1.2%1.2%FY26
Per cent
FY20FY21FY22FY23FY24FY25FY26
Operating margin1.0%-24.0%-1.7%-1.5%0.5%2.7%1.2%
Tax rate0.0%0.0%0.0%0.0%-20.0%-12.3%25.0%
ROCE·4.5%4.2%7.3%13.9%14.3%9.7%
ROE·4.6%3.8%7.3%19.4%17.3%5.1%
Dividend payout0.0%0.0%0.0%0.0%0.0%7.0%31.0%

QVC Exports debt and cash flow

Balance sheet · Cash flow · Working capital

The company's own money, its net worth, has grown. It cut its borrowings last year. Its loans are now larger than its own money. Last year the business used more cash than it brought in. Customers take longer to pay than they did in FY24, which ties up more of the company's money in unpaid bills.

Its own money and its borrowings, ₹ crore
Net worthBorrowings
0255075100Net worth, FY20: 17.8 ₹ cr17.8Borrowings, FY20: 25 ₹ cr25FY20Net worth, FY21: 25.8 ₹ cr25.8Borrowings, FY21: 21 ₹ cr21FY21Net worth, FY22: 27 ₹ cr27Borrowings, FY22: 22 ₹ cr22FY22Net worth, FY23: 28 ₹ cr28Borrowings, FY23: 32 ₹ cr32FY23Net worth, FY24: 34 ₹ cr34Borrowings, FY24: 50 ₹ cr50FY24Net worth, FY25: 58.1 ₹ cr58.1Borrowings, FY25: 84.1 ₹ cr84.1FY25Net worth, FY26: 60 ₹ cr60Borrowings, FY26: 65 ₹ cr65FY26
Cash from the business against net profit, ₹ crore
Cash from the businessNet profit
-50510Net profit, FY20: 2 ₹ cr2FY20Cash from the business, FY21: 1 ₹ cr1Net profit, FY21: 1 ₹ cr1FY21Cash from the business, FY22: 2 ₹ cr2Net profit, FY22: 1 ₹ cr1FY22Cash from the business, FY23: 3 ₹ cr3Net profit, FY23: 2 ₹ cr2FY23Cash from the business, FY24: 10 ₹ cr10Net profit, FY24: 6 ₹ cr6FY24Cash from the business, FY25: -3.7 ₹ cr-3.7Net profit, FY25: 8 ₹ cr8FY25Cash from the business, FY26: -4 ₹ cr-4Net profit, FY26: 3 ₹ cr3FY26

Bars below the line are cash going out.

QVC Exports balance sheet

At each 31 March · ₹ crore

₹ crore
FY20FY21FY22FY23FY24FY25FY26
Equity capital0.770.7754810.4510
Reserves172522242647.6550
Net worth17.7725.7727283458.1160
Borrowings252122325084.0965
Other liabilities20.232.23651011.978
Total liabilities6349556594154.17133
Fixed assets332798.368
Capital work in progress0000000
Investments4654688
Other assets5640485479137.81117
Receivables·····63.8152.98
Inventory·····10.2519.28
Cash·····3.800.90
Trade payables·····5.612.82

QVC Exports cash flow

₹ crore

₹ crore
FY20FY21FY22FY23FY24FY25FY26
Cash from operations·12310-3.65-4
Cash from investing·31-4-40.260
Cash from financing·-6-21-85.315
Net cash flow·-210-21.921
Capital spending·····0.480.08

Working capital

Days

Days
FY20FY21FY22FY23FY24FY25FY26
Debtor days31565031296544
Inventory days51415001218
Days payable2317··63
Cash conversion cycle33674831297059
Working capital days3515812-21318

QVC Exports peers and competitors

Listed SME companies in the same industry

By sales, QVC Exports is number 2 of the 6 listed SME companies in ferrous metals.

Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.

CompanyMarket cap ₹ crP/ESales ₹ crProfit ₹ crOp. marginDebt/equity
Chaman Metallics287-541-4.27.4%4.62
QVC Exports258.444031.2%1.08
Jainam Ferro Alloys (I)23736.32066.54.2%0.15
Nilachal Carbo Metalicks27124.62001111.0%0.36
Owais Metal And Mineral Processing11770.71231.75.9%0.26
Shri Hare-Krishna Sponge Iron579.166.66.29.8%0.27
Median of the 5 others23730.52006.27.4%0.27

QVC Exports shareholding pattern

Promoters, FIIs, DIIs, HNIs and small holders

The promoters own more than half the company. Big foreign and Indian funds own very little. The number of shareholders has come down.

Promoters
73.22%
0.00 pts since Aug 24
Foreign investors (FIIs)
0.02%
-0.68 pts since Aug 24
Indian institutions (DIIs)
0.17%
-1.56 pts since Aug 24
HNIs (over ₹2 lakh each)
2.79%
+2.79 pts since Aug 24
Small holders (up to ₹2 lakh)
20.14%
-1.14 pts since Aug 24
Companies and others
3.66%
+0.59 pts since Aug 24
Number of shareholders
956
1,580 in Aug 24

QVC Exports shareholding pattern

Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.

Aug 24Sep 24Mar 25Sep 25Mar 26
Promoters73.22%73.22%73.22%73.22%73.22%
Foreign investors (FIIs)0.70%0.26%0.02%0.02%0.02%
Indian institutions (DIIs)1.73%0.15%0.06%0.06%0.17%
HNIs (over ₹2 lakh each)0.00%1.00%0.46%0.72%2.79%
Small holders (up to ₹2 lakh)21.28%20.26%21.34%21.30%20.14%
Companies and others3.07%5.11%4.90%4.68%3.66%
Number of shareholders1,5801,2201,0691,010956

The named holders are at 31 March 2026, beside 30 Sept 2025, each under the group the pattern files them in.

QVC Exports latest news and announcements

Announcements · Documents · Corporate actions

What changed recently

Each half-year is set against the same half a year earlier

  • H2 FY26: sales ₹232 cr (+44%), net profit ₹1.3 cr (-65%) on H2 FY25.
  • Shareholding, 31 March 2026: promoters unchanged at 73.22%.

QVC Exports annual reports, earnings calls and documents

Every document links to its source; “read” marks those this page is built from

QVC Exports share split, bonus and dividends

From the corporate actions the company announces on the exchange

  • DividendDIVIDEND - RS 1 PER SHAREex-date 31 Aug 2026
  • DividendDIVIDEND - RE 0.50 PER SHAREex-date 8 Sept 2025
Checks we ran on QVC Exports' data · 11

Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.

  • !For FY26 the exchange filing's profit lines do not add up as read, so the figures shown are from the results page instead.
  • iNet profit is above profit before tax in FY24, FY25: a tax credit or a share of associates' profit, as reported.
  • ✓Balance sheet totals add up for FY25 and FY26.
  • ✓Market cap uses the share count in the latest shareholding pattern (1,04,51,292 shares).
  • ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
  • ✓Promoter pledge figures are within possible limits in every shareholding pattern shown.
  • ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
  • ✓The two half-years of FY26 add up to the full-year sales.
  • !Earnings per share changes basis between FY21 (₹10.84) and FY22 (₹2.68) because the share count behind it changes; EPS is shown as reported, and growth is worked out on profit.
  • ✓Revenue and profit are reported for every year shown, FY20 to FY26.
  • iPrices run to the close on 13 Oct 2026, from the exchange's daily figures.

Questions people ask about QVC Exports

What does QVC Exports do?

QVC Exports is an SME company listed on NSE Emerge, in ferrous metals.

What is the share price of QVC Exports?

₹24.2 at the close on 6 Nov 2026, from the exchange's daily figures.

What is the market cap of QVC Exports?

₹25 cr at the close on 6 Nov 2026, on 1,04,51,292 shares.

What is the P/E of QVC Exports?

8.4 times FY26 profit at the close on 6 Nov 2026 (our arithmetic).

What are QVC Exports' revenue and profit?

Revenue ₹440 cr and profit after tax ₹3 cr in FY26.

Who are the promoters of QVC Exports?

The promoter group; promoters held 73.22% at 31 March 2026.

What was the IPO price of QVC Exports?

₹86 a share; it listed on 28 Aug 2024.

What is QVC Exports' website?

www.qvcgroup.com

More SME companies like QVC Exports

Other listed SME companies in ferrous metals, the closest in size first, each read from its own documents.

Every listed SME company in Ferrous Metals → · SME companies listed in 2024 →

Built from 22 exchange announcements, 5 shareholding patterns and 7 years of reported results. Every figure carries its source; where the documents are silent, the page says so.