Le Merite Exports Limited
Le Merite Exports Limited (LEMERITE): company summary
The company's annual revenue fell 31.9% year-over-year, but net profit rose 65.1% due to improved margins.
Le Merite Exports Limited (LEMERITE) is a micro-cap Textiles company valued at ₹258 crore operating in Other Textile Products on the NSE and BSE.
- Recent price move
- Le Merite Exports Limited last traded at ₹20.83, modestly down 1.37% on the day.
- Recent developments
- On 2026-05-29, the company executed a 1:5 share split, which may have impacted recent price movements. Promoter holding remained at 59.65% as of 2026-06-30, with no significant changes in foreign or domestic institutional holdings during the quarter.
- Financial performance
- The company's annual revenue fell 31.9% year-over-year, but net profit rose 65.1% due to improved margins. However, the latest quarter saw a sharp reversal, with net profit turning from a profit of ₹4 crore to a loss of ₹5 crore, while revenue declined 18.7% compared to the same quarter a year earlier.
- Valuation multiples
- The stock trades at 4.4 times earnings, 1.92 times book value. It yields 1.0%.
- Things to watch
- The latest quarter reported a net loss of ₹5 crore, reversing a year-ago profit of ₹4 crore. Revenue also declined 18.7% compared to the same quarter a year earlier. The company's market cap is ₹241 crore, currently 32.2% below its 52-week high.
- Where it stands
- The company's annual net profit grew 65.1% despite a 31.9% drop in revenue, but the latest quarter showed a sharp reversal with a net loss of ₹5 crore. The most significant movement was the swing from a profit to a loss in the latest quarter.
Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
Price performance
Supported by risk (6.1), but held back by quality (2.9). Scored on 4 of 5 measures.
DocStoX score
Medium confidenceScored on 4 of 5 measures — the rest have no data for this company.
At a glance
Key highlights
- Profitable in all of the last 5 years
- Undemanding at 4× earnings
- Small ₹258 cr company — thinner liquidity
Growth
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Technicals
Peers
News
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About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Le Merite Exports Limited peers in Textiles
Other Textiles stocks on the NSE & BSE. See the full Textiles sector list.
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