Le Merite Exports Ltd

₹ 31.0 -4.99%

04 Jun - close price

About

Incorporated in 2003, Le Merite Exports Ltd is in the business of manufacturing, purchase and sale of textiles^[1]

Key Points

Business Overview:^[1]^[2]
LMEL is a vertically integrated manufacturing company that is in the production and trading of textile products like cotton yarn, greige fabric, and finished fabric. It has tie-ups and agents in top importing countries for its products

Website NSE

Market Cap ₹ 388 Cr.
Current Price ₹ 31.0
High / Low ₹ 108 / 31.0
Stock P/E 33.5
Book Value ₹ 10.8
Dividend Yield 0.00 %
ROCE 9.95 %
ROE 9.33 %
Face Value ₹ 2.00

Add ratio to table

Edit ratios

Pros

Cons

Stock is trading at 2.88 times its book value
Though the company is reporting repeated profits, it is not paying out dividend
Promoter holding has decreased over last quarter: -1.88%
The company has delivered a poor sales growth of 5.93% over past five years.
Company has a low return on equity of 5.89% over last 3 years.
Earnings include an other income of Rs.10.1 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Consumer Discretionary Textiles Textiles & Apparels Other Textile Products

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Dec 2024	Mar 2025	Sep 2025	Dec 2025	Mar 2026
	95.51	126.10	98.21	73.49	75.31
	93.72	121.49	92.60	71.46	75.39
Operating Profit	1.79	4.61	5.61	2.03	-0.08
OPM %	1.87%	3.66%	5.71%	2.76%	-0.11%
	1.04	1.55	2.28	2.45	3.10
Interest	2.20	2.51	1.89	1.46	1.64
Depreciation	0.36	0.36	0.36	0.34	0.29
Profit before tax	0.27	3.29	5.64	2.68	1.09
Tax %	11.11%	28.27%	22.87%	23.51%	20.18%
	0.25	2.35	4.35	2.05	0.87
EPS in Rs	0.02	0.19	0.36	0.17	0.06
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	268	525	377	468	525	357
	258	494	371	462	517	344
Operating Profit	10	31	6	6	8	13
OPM %	4%	6%	2%	1%	1%	4%
	1	1	3	4	11	10
Interest	2	4	4	7	9	7
Depreciation	0	0	1	0	1	1
Profit before tax	9	28	4	2	9	15
Tax %	24%	25%	48%	24%	21%	23%
	7	21	2	2	7	12
EPS in Rs	8.19	2.47	0.37	0.15	0.50	0.93
Dividend Payout %	0%	8%	27%	27%	0%	0%

Compounded Sales Growth
10 Years:	%
5 Years:	6%
3 Years:	-2%
TTM:	-32%

Compounded Profit Growth
10 Years:	%
5 Years:	11%
3 Years:	39%
TTM:	99%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	50%
1 Year:	-51%

Return on Equity
10 Years:	%
5 Years:	10%
3 Years:	6%
Last Year:	9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	2	17	23	23	24	25
Reserves	23	28	70	71	90	110
	54	100	86	92	103	90
	14	31	22	12	21	33
Total Liabilities	92	177	202	198	238	259
	2	3	2	3	13	13
CWIP	0	0	7	8	0	9
Investments	2	2	2	1	2	29
	89	172	191	186	223	207
Total Assets	92	177	202	198	238	259

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-22	-44	11	0	-12	39
	-0	-2	-7	-2	-3	-25
	25	46	30	4	25	-7
Net Cash Flow	3	0	34	3	9	7
Free Cash Flow	-22	-46	4	-1	-14	27
CFO/OP	-191%	-119%	222%	17%	-136%	333%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	80	88	89	69	81	85
Inventory Days	16	10	20	15	8	9
Days Payable	18	16	24	11	15	14
Cash Conversion Cycle	77	83	85	74	74	80
Working Capital Days	17	22	35	28	38	58
ROCE %		28%	5%	5%	9%	10%

Insights

In beta

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Gross Current Assets (GCA)
days

xx.xx	xx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx
xx	xx	xxx	xx	xxx	xx	xx
			xxx	xx	xx	xx
			xxx	xx	xx	xx
						xx
						xxx,xxx
						x,xxx

Please log in to see hidden values.

Receivables (Debtor) Days
days

Export Presence (Number of Countries)
count

Number of Permanent Employees
count

Defense Sector Order Book
INR Crores

Fabric Sales Volume (Average)
yards per month

Yarn Sales Volume (Average)
tons per month

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

10 Recently

	Jun 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025	Dec 2025	Mar 2026
	72.74%	72.74%	72.74%	72.74%	72.96%	73.06%	62.22%	61.53%	59.65%	59.65%
	0.00%	0.58%	0.58%	0.40%	0.40%	0.20%	0.52%	0.34%	0.15%	0.22%
	0.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.16%	0.16%
	27.08%	26.68%	26.68%	26.86%	26.64%	26.74%	37.26%	38.13%	40.04%	39.97%
No. of Shareholders	1,646	1,657	1,651	1,700	1,484	1,027	1,225	1,465	1,715	1,700

	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	72.74%	72.96%	62.22%	59.65%
	0.58%	0.40%	0.52%	0.22%
	0.00%	0.00%	0.00%	0.16%
	26.68%	26.64%	37.26%	39.97%
No. of Shareholders	1,651	1,484	1,225	1,700

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Le Merite Exports Ltd

Le Merite Exports Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings

Concalls