Le Merite Exports
- Market cap
- ₹ 236 Cr.
- P/E
- 84.2x
- P/B
- 1.74x
- 52-week range
- 17.73 – 107.57
- ROE
- 9%
- ROCE
- 10%
- Dividend yield
- 0%
- Debt / equity
- 0.67
- Sector
- Textiles & Apparels
- Industry
- Other Textile Products
- Listed on
- NSE
About
Le Merite Exports Limited is an India-based company, which is engaged in the business of manufacturing and trading of textile products. The Company's products include yarn, greige fabrics and organic (Gots). Its yarn products include 100% cotton yarn, and cotton blended & synthetic yarns. It provides a full range of sustainable cotton yarn (100% organic cotton, organic in conversion, blend of minimum 5% organic, BCI, recycled cotton (GRS)/ RCS, fair-trade). Its 100% cotton yarn products include ring spun carded, combed & compact - Ne 8/1 To Ne 60/1, open end - OE 6/1 To OE 30/1, and TFO: Ne 10/2 To Ne 40/2 (ring spun & OE). Its cotton blended & synthetic yarn products include CVC 60/40, polyester: cotton 65/35, 52/48, 100% viscose and polyester viscose 65/35. Its fabrics conform to American four-point system of checking. The Company exports to various countries, including United States, China, Turkey, Egypt, Bangladesh, Portugal, South Korea, Spain, Italy, Vietnam, Thailand, and Peru.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Textile Products: 275 companies →Le Merite Exports against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)84.2 against a typical 16.7: pricier than most peers (1st = cheapest).231st of 268
- Sales growth−18.7% against a typical +6.7% from a year earlier.178th of 234
- Profit growth−206.3% against a typical +12.9% from a year earlier.159th of 166
- Share price, 3 months−18.9% against a typical −4%.197th of 240
- Size₹ 236.3 Cr. market value against a typical ₹ 58.7 Cr. (1st = largest).64th of 256
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BB+ by CRISIL- CRISIL lowered its rating on 6 Jan 2026.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil BB+ | Stable | 6 Jan 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 6 Jan 2026 | ▼ Downgrade | Crisil BB+ | — | CRISIL | ₹ 95 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 14 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 28 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 8 Apr 2026 | Stock Split | To consider stock split of equity shares of the Company. |
| 13 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 9 Dec 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 12 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Sales | 96 | 126 | 110 | 98 | 73 | 75 | 90 |
| Expenses | 94 | 121 | 105 | 93 | 71 | 75 | 99 |
| Operating Profit | 2 | 5 | 5 | 6 | 2 | −0 | −10 |
| OPM % | 1.9% | 3.7% | 4.8% | 5.7% | 2.8% | −0.1% | −10.7% |
| Other Income | 1 | 2 | 3 | 2 | 2 | 3 | 6 |
| Interest | 2 | 3 | 2 | 2 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 3 | 6 | 6 | 3 | 1 | −5 |
| Tax % | 11.1% | 28.3% | 22.4% | 22.9% | 23.5% | 20.2% | −15.5% |
| Net Profit | 0 | 2 | 4 | 4 | 2 | 1 | −5 |
| EPS in Rs | 0.02 | 0.19 | 0.35 | 0.36 | 0.17 | 0.06 | −0.36 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 6%
- 3 Years
- −2%
- TTM
- −32%
- 10 Years
- —
- 5 Years
- 11%
- 3 Years
- 39%
- TTM
- 99%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 28%
- TTM
- —
- 10 Years
- —
- 5 Years
- 10%
- 3 Years
- 6%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Le Merite Exports | ₹ 18.99 | ₹ 236 Cr. | 84.2x | 1.7x | 9% | — |
| Page Industries | ₹ 33,830.00 | ₹ 37,734 Cr. | 56.1x | 29.6x | 52.5% | 14.6% |
| Vardhman Textiles | ₹ 495.00 | ₹ 14,319 Cr. | 23.5x | 1.8x | 7.3% | 7.6% |
| Indo Count Industries | ₹ 390.35 | ₹ 7,721 Cr. | 57.5x | 3.3x | 5.4% | 3% |
| Alok Industries | ₹ 8.10 | ₹ 4,022 Cr. | — | — | — | −20% |
| Gokaldas Exports | ₹ 673.70 | ₹ 4,937 Cr. | 63.1x | 2.8x | 4.7% | 2.5% |
Management
- Umashankar Lath
- Managing Director, Executive Chairman of the Board
- Abhishek Lath
- Chief Financial Officer, Managing Director, Executive Director
- Arpit Sharma
- Compliance Officer, Company Secretary
- Sweta Lath
- Executive Director
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