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LE MERITE EXPORTS LIMITED

LE MERITE EXPORTS LIMITED

NSE: LEMERITE
Textile ManufacturingConsumer CyclicalSMALL CAPMCap ₹257.8 Cr
₹20.60₹-0.52 (-2.46%)

Live • NSE

Market cap₹257.8 Cr
Enterprise value–
P/E TTM89.57
P/B1.89
EPS TTM₹0.23
ROCE9.95%
Dividend yield0.00%
Face value₹2.00
52W high₹107.57
52W low₹17.73
Price chart(1Y)
1Y Return:-20.98% (₹5.47)
H: ₹29.38L: ₹17.73
1W+9.63%
1M+9.93%
3M+2.85%
6M-77.38%
1Y-79.04%
Today at a glance

Day range

₹20.11₹21.62

52 week range

₹17.73₹107.57
Volume113.5K0.41x 20D avg
Free float50.00%-58.80% volume

LE MERITE EXPORTS LIMITED closed at INR20.60 (-2.46%) on volume 0.41x its 20-day average, trading 80.85% below its 52-week high.

Technical analysis
RSI (14)52.2Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹1.34High
SMA 20₹19.78BULLISH
SMA 50₹20.99BEARISH
SMA 100₹22.90BEARISH
SMA 200₹55.35BEARISH
CPR bottom₹21.33
Pivot₹21.26
CPR top₹21.19
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -625.3% QoQ

2026-05-29

DIVIDEND Announced

Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹90.5 Cr₹257.8 Cr35.08%≤ 33%FAIL
Non-halal income ratio–₹357.5 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹248.6 Cr₹258.7 Cr96.11%≥ 20%PASS
Receivables ratio–₹258.7 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E89.5726.80
Forward P/E——
P/B1.892.70
EV/EBITDA—18.00
PEG—1.00
Earnings yield1.103.70
Growth & profitability
RevenuePAT
FY24PAT margin 0.40%
FY25PAT margin 1.30%
FY26PAT margin 3.20%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-12.00%
Revenue CAGR 5Y-5.20%
PAT CAGR 3Y+18.30%
PAT CAGR 5Y+42.10%
Operating margin-10.96%
Net margin0.83%
Financial health & cash flow
Net debt₹80.4 CrModerate
Interest coverage1.70xEBIT / interest
CFO / PAT2.43x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹38.9 Cr
Capital expenditure–
Free cash flow₹27.4 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall50/100
Valuation35/100
Profitability65/100
Financial health50/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 2.43x over last 3 years

Risks

Tight Debt Servicing: Interest coverage ratio is under 2.0x

Stretched Valuation: Trading at a high P/E multiple of 89.6x

Bull case

Market Leadership: Established operational scale in Textile Manufacturing.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · September 2023

Ownership distribution

Sept 2023Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2023
0.38%Institutional holding
39.97%Public holding
1Periods available
0.00%Promoter pledged
1.7KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
29 May 2026Dividend₹10.00 / share—29 May 2026
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)44.56%+25.09% latest vs average
Highest delivery77.55%on 28 Sept
Average volume (20D)275.7KTrading-session average
Conviction trendStrengthening+25.09% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Titan Company Limited
Titan Company LimitedTITAN
Open analysis
₹3.94L68.510.34%₹21,356.00₹1,777.00+29.25%+62.88%
Maruti Suzuki India Limited
Maruti Suzuki India LimitedMARUTI
Open analysis
₹3.61L25.201.22%₹52,470.00₹3,447.00+35.92%-9.10%
Mahindra & Mahindra Limited
Mahindra & Mahindra LimitedM&M
Open analysis
₹3.51L17.781.15%₹41,959.00₹3,685.00+22.89%+6.81%
Eternal Limited
Eternal LimitedETERNAL
Open analysis
₹3.00L692.130.00%₹3,349.00₹585.00+38.79%-2.82%
Bajaj Auto Limited
Bajaj Auto LimitedBAJAJ-AUTO
Open analysis
₹2.86L24.741.44%₹17,243.72₹2,982.84+36.35%+34.94%
Eicher Motors Limited
Eicher Motors LimitedEICHERMOT
Open analysis
₹2.00L34.661.13%₹6,632.00₹1,463.00+31.54%+21.41%
TVS Motor Company Limited
TVS Motor Company LimitedTVSMOTOR
Open analysis
₹1.95L56.760.30%₹16,296.00₹1,058.00+33.46%+64.54%
Samvardhana Motherson International Limited
Samvardhana Motherson International LimitedMOTHERSON
Open analysis
₹1.70L38.550.31%₹35,244.00₹1,076.00+16.66%+77.56%
About LE MERITE EXPORTS LIMITED
LE MERITE EXPORTS LIMITED

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

IndiaConsumer Cyclical

Questions investors ask
Is LE MERITE EXPORTS LIMITED Shariah compliant?

LE MERITE EXPORTS LIMITED is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (35.08%) exceeds AAOIFI threshold (≤ 33%).

What is LE MERITE EXPORTS LIMITED's current valuation relative to peers?

LE MERITE EXPORTS LIMITED trades at a P/E of 89.6x compared to the sector median of 26.8x, and a Price-to-Book of 1.9x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of zero debt. Interest coverage is 1.7x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at -5.2% while net profit growth averaged 42.1%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.