QVCEL

QVC Exports Limited

Listed company · ISIN INE0KZF01015 · NSE SM · FV ₹10
Last price
₹24
0.00%today
What this company does

QVC Exports Limited is a listed company. It booked ₹232 cr of revenue in its latest half year (H2 FY26) and kept 0.5% of sales as profit.

57out of 100
Equitytale Health Score
Mixed

Healthier than 57% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,335–2,886 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
50

At close. Not part of the score.

Profitability & returns40

How much profit it earns on the money it employs

Balance sheet15

How much it owes, and whether earnings cover the interest

Cash quality86

Whether reported profit actually arrives as cash

Valuation85

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Some things to watch
Strengths
✓ Makes a profit
✓ Promoters hold 73%
✓ No promoter shares pledged
Watch-outs
! Thin 0.5% net margin
! Low 4.9% return on equity
! Carries high debt (D/E 1.3)

What if I invest in QVCEL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest half year + price
₹24▲ 0.00%
latest close · 2026-10-01
52-wk low ₹2238 sessions so far52-wk high ₹28
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio10.1Low
LowAverageHigh
P/B ratio0.50Below book
Below bookModerateHigh
EV / EBITDA7.2Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity4.9%Weak
WeakFairStrong ▸15%
Return on capital20.0%Strong
WeakFairStrong
Net margin0.5%Thin
ThinDecentStrong
EBITDA margin2.6%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.28High
LowModerateHigh ▸1
Interest cover1.5×Risky
RiskyOkayStrong ▸5×
Current ratio1.32Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹25 cr
Book value
₹48
EPS
₹1.19
latest half year
Net debt
₹64 cr
owes more than its cash
Enterprise value
₹89 cr
EBITDA
₹12 cr
annualised
EBIT
₹12 cr
annualised
Operating margin
2.6%
Return on assets
1.9%
Earnings yield
9.92%
P/S
0.05
Sales / share
₹444.7
Tax rate
27.7%
Face value
₹10
Shares
1.0 cr
Working capital
₹23 cr
Current assets
₹95 cr
Current liabilities
₹72 cr
Delivery %
83.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-10-01.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹46–₹46, midpoint ₹46

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · H2 FY26 (consolidated)
Revenue from Operations₹232 cr
Other Income₹5 cr
Total Income₹237 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹220 cr
Inventory Change (±)₹-9 cr
Employee Benefit Expense₹65.8 L
Finance Costs₹4 cr
Other Expenses₹19 cr
Total Expenses₹235 cr
Profit before Tax₹2 cr
Tax Expense₹54.2 L
Net Profit₹1 cr
Net margin on total income0.5%
Where the money goes · H2 FY26
% of total income
Materials + stock-in-trade₹211 cr89.0%
Employee benefit expense₹65.8 L0.3%
Finance costs₹4 cr1.8%
Other expenses₹19 cr8.2%
Tax expense₹54.2 L0.2%
Profit for the period₹1 cr0.5%
Total income ₹237 cradds up to ₹100 ✓
Half-yearly results · consolidated (₹ cr)
MetricH1 FY26H2 FY26
Revenue208 cr232 cr
Total income211 cr237 cr
Expenses209 cr235 cr
Profit before tax2 cr2 cr
Tax29.9 L54.2 L
Net profit (owners' share)2 cr1 cr
Net margin (owners' share, on revenue)1.0%0.5%
EPS (₹)1.501.19
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹133 cr
Shareholder equity
₹50 cr
parent shareholders
Total debt
₹65 cr
Cash
₹90.2 L
Corporate actions
Dividend yield
4.17%
trailing 12 months
Dividend / share (TTM)
₹1
Last dividend
₹1
ex 31 Aug 2026
ActionDetailEx-date
Dividend₹1 / share31 Aug 2026
Who owns it · 2026-03-31
No pledge
Promoter
73.2%
FII / Foreign
0.0%
DII / Domestic
0.2%
Retail / others
26.6%
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 7 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Standalone and consolidated Financial Statements of the Company including Balance Sheet as at 31st March, 2026, the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
53,200 votes for, 0 against · 0% of mutual funds and other big investors said no
2
To declare Final Dividend @10% (Rs. 1 per Equity Share of Rs. 10/-) for the Financial Year 2025-26
Backed by 100% of shareholders other than promotersneeded 50%
53,200 votes for, 0 against · 0% of mutual funds and other big investors said no
3
To appoint a director in place of Mr. Esanoo Kanjilal (DIN: 09802002)
Backed by 100% of shareholders other than promotersneeded 50%
53,200 votes for, 0 against · 0% of mutual funds and other big investors said no
4
Re-appointment of Mr. Nilesh Kumar Sharma (DIN-01630995) as Managing Director of the Company
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
53,200 votes for, 0 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 4 named members
owning 73.2% between them · as of 2026-03-31
NILESH KUMAR SHARMA45.46%
PRITI SHARMA14.64%
MATASHREE MERCANTILE PRIVATE LIMITED8.52%
UNITY VYAPAAR PRIVATE LIMITED4.59%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

Money raised in Aug 2024 by selling shares to the public

As of Sep 2025, the company says it has spent 100% of what it set aside.

Repayment of Unsecured Loan
100%
of what was set aside
Working capital requirements of our Company
spent more than set aside
114%
of what was set aside
General Corporate Purposes
100%
of what was set aside
Issue Related Expenses
56%
of what was set aside

The amount this filing states as raised is many times the whole company’s market value, so it is almost certainly entered in the wrong unit. We show the purposes and how far along each one is, and leave the rupee figures out rather than repeat a number that cannot be right.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.