LE MERITE EXPORTS LIMITED
Latest filings
- Registrar confirms no demat requests for Q2 FY27 · Compliance
- AGM voting results: all 8 resolutions passed with 100% approval · Board & Shareholder Meetings
- 23rd AGM proceedings: financials adopted, key directors re-appointed · Board & Shareholder Meetings
Snapshot
What the business is, and whether it's a good one at a fair price.
Trades textile products, reporting FY26 revenue of ₹357.47 crore, down 26% from the prior year, while consolidated net profit surged to ₹11.56 crore (PAT growth of 86% YoY) on an EBITDA margin of 6.508%. The cost shape is light — employee cost at 0.6% of revenue and other operating expenses at 6.5% — consistent with a trading rather than manufacturing model. The company is expanding into adjacent textile businesses through a wholly-owned spinning subsidiary, Le Merite Laxmi Spinning, and a 65.5%-owned subsidiary, LMTDSPL, which operates in technical and defence textiles. It has also incorporated a 35% associate, Le Merite Torna Technical Textile Park, to plan and operate an integrated technical textile park covering R&D, testing labs, design centres, warehouses and logistics, though this entity is yet to start commercial operations. The company carried a CRISIL BB+/Stable credit rating as of FY26 and raised ₹18.80 crore via a September 2025 preferential issue of equity shares and warrants at ₹320 each, earmarked for strategic investments and general corporate purposes.
Scorecard
Measured from the filed financials, judged against its Trading - Textile Products peers · as of FY26 — not investment advice
Strengths
Concerns
Charts
How has the market priced it — with filings on the timeline?
LEMERITE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from LE MERITE EXPORTS LIMITED's filed financials and exchange disclosures
What does LE MERITE EXPORTS LIMITED do?
LE MERITE EXPORTS LIMITED is a Textiles & Apparels company listed on NSE, trading under the symbol LEMERITE.
Does LE MERITE EXPORTS LIMITED pay a dividend?
Not in the latest reported year — LE MERITE EXPORTS LIMITED's dividend payout for FY26 was nil.
Is LE MERITE EXPORTS LIMITED debt-free?
No. It reported borrowings of ₹90 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹80 Cr after cash. Debt stands at 0.67× equity. That is higher than 100% of its 8 Trading - Textile Products peers.
Is LE MERITE EXPORTS LIMITED expensive compared with its peers?
On trailing P/E, LE MERITE EXPORTS LIMITED ranks 2 of 7 in Trading - Textile Products — cheaper than 83% of them, against an industry median of 9.4×. This is a position, not a valuation judgement.
How much does the LE MERITE EXPORTS LIMITED share price move in a day?
On a typical session LE MERITE EXPORTS LIMITED moves 1.27% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
Where can I track LE MERITE EXPORTS LIMITED's announcements?
Every NSE and BSE filing by LE MERITE EXPORTS LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.