LEMERITE logo

Le Merite Exports Limited

LEMERITE·NSE·
₹20.83▼ -0.29 (-1.37%)
Market Cap257.85 Cr
PE Ratio4.44
Volume84,257
Day High - Low21.62 - 20.56
52W High-Low—

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.

DocStoX Score
4.4/10
Weak
Fair Value
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ROE
8.60%
Average
P/E
4.44x
Cheap
Debt / Equity
0.67
Moderate
Industry
Textiles
Other Textile Products
Overall View
Weak

Price performance

Day₹20.56
₹21.62
DocStoX take

Supported by risk (6.1), but held back by quality (2.9). Scored on 4 of 5 measures.

DocStoX score

Medium confidence
4.4
/10
Weak
Quality
Weak
ROE 8.6%
Valuation
Fair
P/E 4.4×
Growth
Slow
Revenue +5.9% 5Y CAGR
Risk
Moderate
D/E 0.67
Momentum
No data
No technical indicators

Scored on 4 of 5 measures — the rest have no data for this company.

At a glance

Market Cap
₹258 Cr
52W High / Low
—
Dividend Yield
0.97%
Promoter Holding
59.65%
EPS (TTM)
₹4.69
Book Value
₹53.90

Key highlights

  • Profitable in all of the last 5 years
  • Undemanding at 4× earnings
  • Small ₹258 cr company — thinner liquidity
2 Positives1 Watchout

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

More Textiles stocks · Other Textile Products

Le Merite Exports Limited peers in Textiles

Other Textiles stocks on the NSE & BSE. See the full Textiles sector list.