Le Merite Export

When is the next results date for Le Merite Export?

No Upcoming Board Meetings

Has Le Merite Export declared dividend?

Le Merite Exports Ltd has declared a 2% dividend, with an ex-date of September 23, 2024. Despite this, the current dividend yield is 0%, though the company has shown strong price returns over the past year and two years.

Le Merite Exports Ltd has declared a 2% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 2%<BR>- Ex-date: 23 Sep 24<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 27.16% with a dividend return of 0%, resulting in a total return of 27.16%.<BR><BR>Over the past year, the price return reached 245.92% while the dividend return was 0%, leading to a total return of 245.92%.<BR><BR>For the 2-year period, the price return was 624.77% and the dividend return was 1.15%, culminating in a total return of 625.92%.<BR><BR>In the 3-year timeframe, the price return stood at 330.22% with a dividend return of 2.78%, resulting in a total return of 333.0%.<BR><BR>Over the last 4 years, there was no price return or dividend return, leading to a total return of 0.0%.<BR><BR>In the 5-year period, both the price return and dividend return were 0%, resulting in a total return of 0.0%.<BR><BR>Overall, while Le Merite Exports Ltd has declared a dividend, the recent dividend yield is 0%. The company has shown significant price returns over various periods, particularly in the 1 and 2-year spans, indicating strong performance despite the lack of consistent dividend payments.

Who are the peers of the Le Merite Export?

Le Merite Export's peers include Ruby Mills, Karnika Industri, RSWM Ltd, Sutlej Textiles, SBC Exports, Precot, R&B Denims, Vishal Fabrics, Sunrakshakk Inds, and Lakshmi Mills. Le Merite Export has a 1-year return of 119.61%, outperforming its peers, with Karnika Industri showing the highest return at 117.18% and RSWM Ltd the lowest at -23.90%.

Peers: The peers of Le Merite Export are Ruby Mills, Karnika Industri, RSWM Ltd, Sutlej Textiles, SBC Exports, Precot, R&B Denims, Vishal Fabrics, Sunrakshakk Inds, and Lakshmi Mills.<BR><BR>Quality Snapshot: Below Average management risk is observed at Ruby Mills, while Average management risk is found at Karnika Industri, RSWM Ltd, Le Merite Export, Sutlej Textiles, SBC Exports, Precot, R&B Denims, Vishal Fabrics, Sunrakshakk Inds, and Lakshmi Mills. Below Average growth is noted at Ruby Mills, RSWM Ltd, Le Merite Export, Sutlej Textiles, R&B Denims, Vishal Fabrics, and the rest. Good growth is seen at SBC Exports and Precot, while Average capital structure is found at Ruby Mills, R&B Denims, and the rest, with Below Average capital structure at Karnika Industri, RSWM Ltd, Le Merite Export, Sutlej Textiles, and Lakshmi Mills, and Good capital structure at SBC Exports and Sunrakshakk Inds.<BR><BR>Return Snapshot: Karnika Industri has the highest 1-year return at 117.18%, while RSWM Ltd has the lowest at -23.90%. Le Merite Export's 1-year return of 119.61% is significantly higher than both. Additionally, Sutlej Textiles, RSWM Ltd, and Lakshmi Mills have negative six-month returns.

Who are in the management team of Le Merite Export?

As of March 2021, the management team of Le Merite Export includes Abhishek Lath (Managing Director & CFO), Umashankar Lath (Chairman & Managing Director), Sweta Lath (Executive Director), and several independent directors: Jaydeep Purujit Mehta, Narendra Kumar Srivastava, and Rohit Agarwal, along with Sarita Mishra (Company Secretary & Compliance Officer).

As of March 2021, the management team of Le Merite Export includes the following individuals:<BR><BR>1. Abhishek Lath - Managing Director & CFO<BR>2. Umashankar Lath - Chairman & Managing Director<BR>3. Sweta Lath - Executive Director<BR>4. Jaydeep Purujit Mehta - Independent Director<BR>5. Narendra Kumar Srivastava - Independent Director<BR>6. Rohit Agarwal - Independent Director<BR>7. Sarita Mishra - Company Secretary & Compliance Officer<BR><BR>These members play various roles in the company's governance and management.

What does Le Merite Export do?

Le Merite Exports Ltd is a Micro Cap company in the Garments & Apparels industry, originally incorporated in 2003. It has no recent sales or profit data, with a market cap of INR 797 Cr and a P/E ratio of 149.00.

Overview: <BR>Le Merite Exports Ltd operates in the Garments & Apparels industry and is categorized as a Micro Cap company.<BR><BR>History: <BR>Le Merite Exports Ltd was originally incorporated as Didwaniya Yarn Exports Private Limited in 2003. The company changed its name to Le Merite Exports Private Limited in 2004. There is no recent sales and profit data available.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 797 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 149.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.44 <BR>Return on Equity: 5.52% <BR>Price to Book: 8.12<BR><BR>Contact Details: <BR>Address: Not available <BR>Phone: Not available <BR>Email: Not available <BR>Website: Not available

Who are the top shareholders of the Le Merite Export?

The top shareholders of Le Merite Export include Ashadevi Lath, who holds 26.6%, and individual investors with a combined stake of 33.92%. There are also 5 foreign institutional investors with 0.52%, but no mutual funds or pledged promoter holdings.

The top shareholders of Le Merite Export include the promoters, with Ashadevi Lath holding the highest stake at 26.6%. Additionally, individual investors collectively own 33.92% of the company. There are also 5 foreign institutional investors (FIIs) that hold a small portion of 0.52%. Notably, there are no mutual funds currently invested in the company, and there are no pledged promoter holdings.

How big is Le Merite Export?

As of 24th July, Le Merite Exports Ltd has a market capitalization of 777.00 Cr, classified as a Micro Cap, with no valid financial data available for the latest four quarters regarding Net Sales and Net Profit. The balance sheet for March 2024 shows Shareholder's Funds of 93.99 Cr and Total Assets of 198.12 Cr.

As of 24th July, <BR><BR>Market Cap: Le Merite Exports Ltd has a market capitalization of 777.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for the latest four quarters regarding Net Sales and Net Profit.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 93.99 Cr and Total Assets valued at 198.12 Cr.

Is Le Merite Export overvalued or undervalued?

As of August 28, 2025, Le Merite Export is considered overvalued with a PE ratio of 161.84 and a valuation grade of very expensive, despite outperforming the Sensex with a 27.53% year-to-date return, indicating that its current price of 352.10 may not be justified given its low ROCE of 5.26% and ROE of 5.52%.

As of 28 August 2025, the valuation grade for Le Merite Export has moved from fair to very expensive, indicating a significant shift in its market perception. The company is currently considered overvalued, with a PE ratio of 161.84, an EV to EBITDA ratio of 106.17, and a Price to Book Value of 8.93. These ratios are substantially higher than those of its peers, such as K P R Mill Ltd, which has a PE ratio of 40.73, and Trident, with a PE ratio of 32.1, highlighting the premium at which Le Merite Export is trading.<BR><BR>In comparison to the broader market, Le Merite Export has outperformed the Sensex with a year-to-date return of 27.53% against the Sensex's 3.62%. However, the elevated valuation ratios suggest that the stock may not be justified at its current price of 352.10, especially when considering its relatively low ROCE of 5.26% and ROE of 5.52%. Overall, the analysis indicates that Le Merite Export is overvalued in the current market environment.

Is Le Merite Export technically bullish or bearish?

As of November 4, 2025, the trend is bullish with strong daily moving averages and a bullish weekly MACD, but caution is warranted due to a bearish monthly RSI and mildly bearish weekly KST, indicating mixed signals overall.

As of 4 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, with a strong emphasis on the daily moving averages indicating bullish momentum. The weekly MACD is also bullish, supporting the overall positive outlook. However, the monthly RSI shows a bearish signal, which introduces some caution. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, suggesting some upward potential. Despite the bullish indicators, the weekly KST is mildly bearish, indicating some underlying weakness. Overall, the strength of the bullish stance is tempered by mixed signals from the RSI and KST.

How has been the historical performance of Le Merite Export?

Le Merite Export has shown fluctuating financial performance over the past five years, with net sales increasing to 518.41 Cr in March 2025 but declining profitability and negative cash flow of -12.00 Cr in the same period. Total liabilities have also risen significantly, indicating a growing debt burden.

Answer:<BR>The historical performance of Le Merite Export shows a fluctuating trend in key financial metrics over the past five years.<BR><BR>Breakdown:<BR>Le Merite Export's net sales increased from 376.89 Cr in March 2023 to 518.41 Cr in March 2025, reflecting a positive growth trajectory. However, this is a decrease from the peak of 525.90 Cr in March 2022. Total operating income followed a similar pattern, rising to 518.41 Cr in March 2025 from 376.89 Cr in March 2023, but down from 525.90 Cr in March 2022. The company's operating profit (PBDIT) saw a significant drop from 32.06 Cr in March 2022 to 18.85 Cr in March 2025, although it improved from 9.18 Cr in March 2023. Profit before tax also showed a decline from 27.98 Cr in March 2022 to 8.65 Cr in March 2025, while profit after tax decreased from 21.06 Cr in March 2022 to 6.86 Cr in March 2025. The total liabilities increased from 92.08 Cr in March 2021 to 237.73 Cr in March 2025, indicating a growing debt burden. Cash flow from operating activities turned negative in March 2025 at -12.00 Cr, contrasting with a positive cash flow of 11.00 Cr in March 2023. Overall, while there are signs of revenue growth, profitability and cash flow have faced challenges in recent years.

Are Le Merite Exports Ltd latest results good or bad?

Le Merite Exports Ltd's latest Q4 FY26 results are concerning, showing a 62.26% decline in net profit and a negative operating margin of -0.11%. The company faces significant operational challenges, indicating that the results are bad and raising doubts about its sustainability.

Le Merite Exports Ltd's latest results for Q4 FY26 indicate a troubling financial situation. The company reported a net profit of ₹0.80 crores, which represents a significant decline of 62.26% compared to the previous quarter. Additionally, revenue fell by 21.15% year-on-year to ₹75.31 crores, despite a slight sequential increase of 2.48%.<BR><BR>More concerning is the company's operating margin, which turned negative at -0.11%, a stark contrast to the positive margin of 2.76% in the prior quarter. This shift indicates that the core operations are not generating profits, and the company is heavily reliant on other income, which accounted for an alarming 1,127.27% of profit before tax.<BR><BR>The overall financial performance suggests that Le Merite Exports is facing severe operational challenges, with a deteriorating business model that raises significant concerns about its sustainability. The stock has also performed poorly, trading at a 52-week low and showing a catastrophic decline of nearly 92% from its peak. Given these factors, the latest results can be characterized as bad, reflecting a critical need for the company to address its operational issues to regain profitability.

Should I buy, sell or hold Le Merite Exports Ltd?

Which are the latest news on Le Merite Export?

Why is Le Merite Exports Ltd falling/rising?

As of 03-Jun, Le Merite Exports Ltd's stock price has declined to Rs. 32.64, reflecting a drop of -4.98%. This decline is driven by significant underperformance against benchmarks, new all-time lows, and trading below moving averages, despite increased investor participation.

As of 03-Jun, Le Merite Exports Ltd is experiencing a decline in its stock price, currently at Rs. 32.64, which reflects a change of -1.71 or -4.98%. This drop can be attributed to several factors highlighted in the data. <BR><BR>Firstly, the stock has significantly underperformed compared to the benchmark Sensex, with a staggering -83.70% decline over the past week and -92.58% over the past month. Year-to-date, the stock has fallen by -93.07%, while the one-year performance shows a decrease of -89.72%. These figures indicate a consistent downward trend in the stock's value relative to broader market movements.<BR><BR>Additionally, the stock has hit a new 52-week and all-time low of Rs. 32.64 today, which further emphasizes its declining trajectory. The performance today also shows that it underperformed its sector by -5.58%, indicating that it is not only falling in value but is also lagging behind its peers.<BR><BR>Moreover, the stock is trading lower than its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bearish sentiment among investors. <BR><BR>While there has been a notable increase in investor participation, with delivery volume rising by 952.2% against the 5-day average, this does not seem to be enough to counteract the overall negative performance metrics. <BR><BR>In summary, the combination of significant declines in stock performance, new lows, underperformance relative to the sector, and trading below moving averages are key reasons for the falling stock price of Le Merite Exports Ltd.