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Le Merite Exports

LEMERITE NSE
₹24.09 No trade today
P/E
104.74
View as Markdown
MCP
Close 4 Nov 2026 ₹24.09 −70.37 −74.5% 1Y
Start ₹94.46

Key Fundamentals

MicrocapTextilesConsumer Discretionary

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
9.72%
Debt to Equity
0.66
EPS (TTM)
₹0.23
Book Value
₹10.54
Market Cap
—
P/E (TTM)
104.74
P/B
2.29
ROE
8.76%
Dividend Yield
0.88%
EBITDA
₹23.30 Cr
52W High
₹107.57
52W Low
₹17.73
Volume
0

Peer Comparison

Consumer Discretionary › Textiles › Textile Products › Other Textile Products

Le Merite Exports peer comparison
KPR Mill
₹1,174.8044.02₹39,972 Cr6.460.43%15.70%19.60%₹6,820 Cr₹913 Cr
Welspun Living
₹264.5790.61₹25,018 Cr4.930.04%4.48%6.26%₹9,934 Cr₹287 Cr
Vardhman Textiles
₹529.8518.08₹14,989 Cr1.460.98%6.86%8.55%₹10,186 Cr₹860 Cr
Trident
₹23.8930.63₹12,083 Cr2.912.10%7.91%9.79%₹6,781 Cr₹395 Cr
Indo Count Industries
₹525.3569.03₹9,390 Cr4.420.32%5.52%8.19%₹4,390 Cr₹150 Cr
Garware Technical Fibres
₹753.6035.40₹7,222 Cr5.231.22%16.10%22.00%₹1,644 Cr₹210 Cr
Kusumgar
₹584.9545.34₹5,974 Cr12.250.00%18.60%18.80%₹701 Cr₹131 Cr
Le Merite Exports (this company)
₹24.09104.74₹283 Cr2.290.88%8.76%9.72%₹337 Cr₹3 Cr
Median 8 companies₹527.6044.68₹10,736 Cr4.680.66%8.34%9.76%₹5,586 Cr₹249 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

41 Weak

Data confidence 100/100

Category scores

Quality
75
Strong
Returns, margins, earnings quality 22% weight
Valuation
31
Poor
Cheap vs sector & own history 24% weight
Growth
13
Poor
Sales & profit trajectory 9% weight
Financial Health
45
Weak
Solvency, leverage, coverage 9% weight
Momentum
1
Poor
Trend strength, vol-adjusted 12% weight
Ownership
51
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

No strengths listed

Weaknesses

6
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 5.92% over past five years.
  • Company has a low return on equity of 5.51% over last 3 years.
  • Earnings include an other income of Rs.13.8 Cr.
  • Promoter holding has decreased over last 3 years: -13.1%

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBullish649
OscillatorsBearish342
Moving AveragesStrong Bullish307

Key readings

RSI (14)
69.26
Neutral
MACD (12,26,9)
0.47
Bullish
SMA (50)
20.30
Bullish
SMA (200)
51.94
Bearish

As of

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.

Revenue

Revenue growth by window
5Y+5.90%
3Y−1.80%
1Y−31.08%

Net profit

Net profit growth by window
5Y+11.38%
3Y+81.71%
1Y+100.00%

Operating cash flow

Operating cash flow growth by window
5YTurned positive
3Y+52.48%
1YTurned positive

Operating margin· change in pp

Operating margin growth by window
5Y−0.09 pp
3Y+2.05 pp
1Y+1.52 pp

Trailing twelve months: Fewer than eight quarters are reported, so there is no trailing-twelve-month figure.

Revenue by year

Revenue by year, ₹ crore
Mar 2021₹268 Cr
Mar 2022₹525 Cr
Mar 2023₹377 Cr
Mar 2024₹468 Cr
Mar 2025₹518 Cr
Mar 2026₹357 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2021₹7.00 Cr
Mar 2022₹21.00 Cr
Mar 2023₹2.00 Cr
Mar 2024₹2.00 Cr
Mar 2025₹6.00 Cr
Mar 2026₹12.00 Cr

Quarterly Results

₹ Cr
LEMERITE quarterly results, ₹ crore
Particulars Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
95.51
126
110
98.21
73.49
75.31
89.75
Expenses
93.72
121
105
92.6
71.46
75.39
99.33
Operating Profit
1.79
4.61
5.29
5.61
2.03
−0.08
−9.58
OPM %
1.87%
3.66%
4.79%
5.71%
2.76%
−0.11%
−10.67%
Other Income
1.04
1.55
2.59
2.28
2.45
3.1
5.95
Interest
2.2
2.51
2.01
1.89
1.46
1.64
1.53
Depreciation
0.36
0.36
0.34
0.36
0.34
0.29
0.26
PBT
0.27
3.29
5.53
5.64
2.68
1.09
−5.42
Tax %
11.11%
28.27%
22.42%
22.87%
23.51%
20.18%
−15.5%
Net Profit
0.25
2.35
4.3
4.35
2.05
0.87
−4.58
EPS (₹)
0.02
0.19
0.35
0.36
0.17
0.06
−0.36

Profit & Loss

₹ Cr
LEMERITE profit and loss, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
268
525
377
468
518
357
337
Expenses
258
494
371
462
508
344
339
Operating Profit
10
31
6
6
11
13
−2
OPM %
3.9%
6%
1.6%
1.4%
2.1%
3.7%
−0.6%
Other Income
1
1
3
4
7
10
14
Interest
2
4
4
7
9
7
7
Depreciation
0
0
1
0
1
1
1
PBT
9
28
4
2
8
15
4
Tax %
24%
25%
48%
24%
20%
23%
—
Net Profit
7
21
2
2
6
12
3
EPS (₹)
8.19
2.47
0.37
0.15
0.45
0.93
0.23
Div. Payout %
0%
8%
27%
27%
0%
0%
—

Balance Sheet

₹ Cr
LEMERITE balance sheet, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
2
17
23
23
24
25
Reserves
23
28
70
71
87
111
Borrowings
54
100
86
92
103
90
Other Liabilities
14
31
22
12
21
32
Total Liabilities
92
177
202
198
235
259
Fixed Assets
2
3
2
3
12
13
CWIP
0
0
7
8
0
9
Investments
2
2
2
1
2
29
Other Assets
89
172
191
186
220
207
Total Assets
92
177
202
198
235
259

Cash Flow

₹ Cr
LEMERITE cash flow, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
−22
−44
11
0
−7
39
Investing
0
−2
−7
−2
−6
−25
Financing
25
46
30
4
15
−7
Net Cash Flow
3
0
34
3
2
7
Free Cash Flow
−22
−46
4
−1
−9
27
CFO/OP
−191
−119
222
17
−54
336

Ratios

LEMERITE financial ratios, annual
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
80
88
89
69
80
85
Inventory Days
16
10
20
15
8
9
Days Payable
18
16
24
11
15
14
Cash Conversion Cycle
77
83
85
74
73
80
Working Capital Days
17
22
35
28
37
29
ROCE %
—
28%
5%
5%
8%
10%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Le Merite Exports insights

60 extracted metrics across FY21–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 59.65%
  • Public 35.50%
  • Others 4.79%
  • FIIs 0.05%

No promoter shares pledged as of 14 Oct 2026

Change since Jun 2026

Documents

  • Concall · Jun 2025
    PPT
  • Concall · Jan 2025
    PPT

Frequently Asked Questions about Le Merite Exports

What does Le Merite Exports Ltd do?
Incorporated in 2003, Le Merite Exports Ltd is in the business of manufacturing, purchase and sale of textiles
Where is Le Merite Exports Ltd (LEMERITE) listed?
Le Merite Exports Ltd trades as LEMERITE on the NSE.
Which sector does Le Merite Exports Ltd belong to?
Le Merite Exports Ltd is classified under the Textiles sector, in the Textile Products industry.
What is the PE ratio of Le Merite Exports Ltd?
Le Merite Exports Ltd trades at a PE ratio of 104.74 as of 4 Nov 2026, on earnings per share of ₹0.23, against a book value of ₹10.54 per share.
What is the 52-week high and low of Le Merite Exports Ltd?
Over the last 52 weeks Le Merite Exports Ltd has traded between ₹17.73 and ₹107.57 as of 4 Nov 2026.
Does Le Merite Exports Ltd pay dividends?
Le Merite Exports Ltd has a dividend yield of 0.88%.
What is the Return on Equity (ROE) of Le Merite Exports Ltd?
Le Merite Exports Ltd reported a return on equity of 8.76%. Its debt-to-equity ratio is 0.66.

Company Information

Incorporated in 2003, Le Merite Exports Ltd is in the business of manufacturing, purchase and sale of textiles

Website lemeriteexports.com
Listed 12 Dec 2025
Face Value ₹2

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