LE Merite Exports Limited
NSE: LEMERITE · Other · sector
₹19.71NSE close 2026-10-26
Key numbers
Market cap₹247 cr
Price₹19.71
52w high / low₹108 / ₹18
P/E20.7xSector median 14.4x
P/B1.8xSector median 1.7x
Book value₹10.8
Dividend yield–Sector median 0.37%
ROE2.5%Sector median 13.8%
ROCE4.7%Sector median 19.6%
OPM-0.5%Sector median 10.4%
Debt / equity0.67xSector median 0.29x
EV/EBITDA–Sector median 8.4x
Interest cover1.6x
Current ratio1.97x
Sales growth 3y–Sector median +7.7%
Profit growth 3y–Sector median +16.6%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹85 cr vs borrowings ₹90 cr (FY26): borrowings are higher by ₹5 cr.
- Operating profit covered interest 1.6x in the last 12 months.
- Promoter holding fell by 1.88 percentage points in a year, to 59.65% (2026-09-30).
- Net loss in 1 of the last 5 quarters.
- Other income was 482% of net profit in the last 12 months.
- No dividend in the last 2 financial years.
- Price ₹19.71 on 2026-10-26: -81.7% from the 52-week high, +11.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹34.35 · low ₹18.74
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 218 | 98 | 73 | 75 | 90 |
| EBITDA | 3 | 6 | 2 | -0 | -10 |
| OPM % | 1.6% | 6.0% | 2.8% | -0.1% | -10.7% |
| Other income | 6 | 2 | 2 | 3 | 6 |
| Net profit | 3 | 4 | 2 | 1 | -5 |
| EPS (₹) | 0.27 | 0.36 | 0.16 | 0.07 | 0.36 |
| Revenue YoY | -58.8% | ||||
| Profit YoY | -244.1% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY25 | FY26 | TTM |
|---|---|---|---|
| Revenue | 515 | 357 | 337 |
| EBITDA | 8 | 13 | -2 |
| Net profit | 6 | 12 | 3 |
| EPS (₹) | 0.51 | 0.94 | 0.95 |
| Revenue growth | -30.6% | – | |
| Profit growth | +90.2% | – | |
| Dividend / share (₹) | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -32.1% (2y) | -80.0% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 87 | 135 |
| Borrowings | – | 90 |
| Cash & equivalents | 55 | 85 |
| Total assets | 238 | 259 |
| Fixed assets | 11 | 9 |
| Capital work in progress | – | 9 |
| Investments | 2 | 1 |
| Receivables | – | 84 |
| Inventory | 11 | 7 |
| Payables | – | 12 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -12 | 39 |
| Cash from investing | -3 | -25 |
| Cash from financing | 25 | -7 |
| Capex | 2 | 0 |
| Free cash flow | -14 | 39 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 7.0% | 8.6% |
| ROCE % | 20.3% | 9.7% |
| Debtor days | – | 85 |
| Inventory days | 8 | 9 |
| Payable days | – | 14 |
| Cash conversion cycle (days) | – | 80 |
| Working capital days | 78 | 116 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 59.65% |
| FIIs | 0.05% |
| Public (non-institutions) | 40.29% |
| Quarter | Mar 2025 | Mar 2025 | Sep 2025 | Oct 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 62.59% | 62.22% | 61.53% | 59.87% | 59.65% | 59.65% | 59.65% | 59.65% |
| Promoter group | % |
|---|---|
| Ashadevi Lath | 25.30% |
| Abhishek Lath | 21.05% |
| Umashankar Naharmal Lath | 5.51% |
| Umashankar Lath | 4.38% |
| Sweta Abhishek Lath | 3.41% |
| Abhishek Lath HUF | 0.00% |
| Public holders above 1% | % |
|---|---|
| Meenaxi Dilip Kothari | 1.29% |
| Ronak Jalan | 1.07% |
4,506 shareholders. Pledged: – of promoter shares.
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| LEMERITE | ₹247 cr | 20.7x | 1.8x | 2.5% | 4.7% | -0.5% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-05-29 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | LEMERITE |
| BSE code | – |
| ISIN | INE0G1L01025 |
| Face value | ₹2.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.