About
Le Merite Exports Limited, together with its subsidiaries, engages in the manufacturing, purchase, and sale of textile in India and internationally. It offers cotton, cotton blended, and synthetic yarns; greige and finished fabrics; and weaving job units, such as machinery details. The company was incorporated in 2003 and is headquartered in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap262 Cr
P/E93.90
Div Yield0.00 %
Book Value₹10.80
52w High₹108.00
52w Low₹19.50
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|
| Sales | 89.75 | 75.31 | 73.49 | 98.21 | 110.46 | 126.10 | 95.51 |
| Expenses | 99.33 | 75.39 | 71.46 | 92.60 | 105.17 | 121.49 | 93.72 |
| Operating Profit | -9.58 | -0.08 | 2.03 | 5.61 | 5.29 | 4.61 | 1.79 |
| OPM % | -10.67 | -0.11 | 2.76 | 5.71 | 4.79 | 3.66 | 1.87 |
| Other Income | 5.95 | 3.10 | 2.45 | 2.28 | 2.59 | 1.55 | 1.04 |
| Depreciation | 0.26 | 0.29 | 0.34 | 0.36 | 0.34 | 0.36 | 0.36 |
| Interest | 1.53 | 1.64 | 1.46 | 1.89 | 2.01 | 2.51 | 2.20 |
| Profit before tax | -5.42 | 1.09 | 2.68 | 5.64 | 5.53 | 3.29 | 0.27 |
| Tax % | -15.50 | 20.18 | 23.51 | 22.87 | 22.42 | 28.27 | 11.11 |
| Net Profit | -4.57 | 0.87 | 2.05 | 4.35 | 4.30 | 2.35 | 0.25 |
| EPS in Rs | -0.36 | 0.06 | 0.17 | 0.36 | 0.35 | 0.19 | 0.02 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Sales | 357.00 | 525.00 | 468.00 | 377.00 | 525.00 | 268.00 |
| Expenses | 344.00 | 517.00 | 462.00 | 371.00 | 494.00 | 258.00 |
| Operating Profit | 13.00 | 8.00 | 6.00 | 6.00 | 31.00 | 10.00 |
| OPM % | 3.70 | 1.50 | 1.40 | 1.60 | 6.00 | 3.90 |
| Other Income | 10.00 | 11.00 | 4.00 | 3.00 | 1.00 | 1.00 |
| Interest | 7.00 | 9.00 | 7.00 | 4.00 | 4.00 | 2.00 |
| Depreciation | 1.00 | 1.00 | 0.00 | 1.00 | 0.00 | 0.00 |
| Profit before tax | 15.00 | 9.00 | 2.00 | 4.00 | 28.00 | 9.00 |
| Tax % | 23.00 | 21.00 | 24.00 | 48.00 | 25.00 | 24.00 |
| Net Profit | 12.00 | 7.00 | 2.00 | 2.00 | 21.00 | 7.00 |
| EPS in Rs | 0.93 | 0.50 | 0.15 | 0.37 | 2.47 | 8.19 |
| Dividend Payout % | 0.00 | 0.00 | 27.00 | 27.00 | 8.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Equity Capital | 25.00 | 24.00 | 23.00 | 23.00 | 17.00 | 2.00 |
| Reserves | 110.00 | 90.00 | 71.00 | 70.00 | 28.00 | 23.00 |
| Borrowings | 90.00 | 103.00 | 92.00 | 86.00 | 100.00 | 54.00 |
| Other Liabilities | 33.00 | 21.00 | 12.00 | 22.00 | 31.00 | 14.00 |
| Total Liabilities | 259.00 | 238.00 | 198.00 | 202.00 | 177.00 | 92.00 |
| Fixed Assets | 13.00 | 13.00 | 3.00 | 2.00 | 3.00 | 2.00 |
| CWIP | 9.00 | 0.00 | 8.00 | 7.00 | 0.00 | 0.00 |
| Investments | 29.00 | 2.00 | 1.00 | 2.00 | 2.00 | 2.00 |
| Other Assets | 207.00 | 223.00 | 186.00 | 191.00 | 172.00 | 89.00 |
| Total Assets | 259.00 | 238.00 | 198.00 | 202.00 | 177.00 | 92.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 39.00 | -12.00 | 0.00 | 11.00 | -44.00 | -22.00 |
| Cash from Investing Activity | -25.00 | -3.00 | -2.00 | -7.00 | -2.00 | 0.00 |
| Cash from Financing Activity | -7.00 | 25.00 | 4.00 | 30.00 | 46.00 | 25.00 |
| Net Cash Flow | 7.00 | 9.00 | 3.00 | 34.00 | 0.00 | 3.00 |
| Free Cash Flow | 27.00 | -14.00 | -1.00 | 4.00 | -46.00 | -22.00 |
| CFO/OP % | 333.00 | -136.00 | 17.00 | 222.00 | -119.00 | -191.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Debtor Days | 85.00 | 81.00 | 69.00 | 89.00 | 88.00 | 80.00 |
| Inventory Days | 9.00 | 8.00 | 15.00 | 20.00 | 10.00 | 16.00 |
| Days Payable | 14.00 | 15.00 | 11.00 | 24.00 | 16.00 | 18.00 |
| Cash Conversion Cycle | 80.00 | 74.00 | 74.00 | 85.00 | 83.00 | 77.00 |
| Working Capital Days | 58.00 | 38.00 | 28.00 | 35.00 | 22.00 | 17.00 |
| ROCE % | 10.00 | 9.00 | 5.00 | 5.00 | 28.00 | — |
Corporate Actions
1 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Split | 29 May 2026 | 29 May 2026 | 10:2 | — |
Announcements
5 filingsAnnual Reports
Credit Ratings
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Rating update6 Jan from crisil
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Rating update3 Dec 2024 from crisil
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Rating update6 Jun 2024 from crisil
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Rating update22 Jun 2023 from crisil
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Rating update7 Jun 2023 from crisil
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Rating update25 Aug 2022 from crisil