INR

Net Sale
EBITDA
EBITDA% PAT PAT% EV/EBITDA EV/Sales
COMPANIES FY13E FY14E FY13E FY14E FY1 FY FY1 FY13 FY1 FY1 FY FY
3E
14 3E
E
3E
4E
13 14
E
E
E

VIABHAV
GLOBAL

838.5

1021.
5

87.8

112.6

10.
5%

11
.0
%

5.4

0.6%

4.6

3.5

0.
5

0.4

HSN

1808
3.6

1911
1.0

1778.
0

1920.
1

9.8
%

10
.0
%

850
.3

4.7%

10.
1

9.4

1.
0

0.9

QVC

5595
9.8

5889
3.2

6879.
5

7702.
3

12.
3%

13
.1
%

318
4.5

5.7%

12.
2

10.
9

1.
50

1.4

ROE
PE
FY F F
13 Y Y
E
1 1
4 3
E E
23 2 6.
.7 6 0
% .
6
%
26 4 2
% 1 1.
% 5
9
%

F
Y
1
4
E
4
.
4

1
7
.
4
1 2 1
0 1. 6
% 1 .
3