Le Merite Exports Ltd (LEMERITE) — shareholding pattern, promoter holding, financials and share price
About Le Merite Exports Ltd (LEMERITE)
Le Merite Exports Ltd operates in the Industrial Products industry, within the Capital Goods sector. It trades on the NSE as LEMERITE and on the BSE under scrip code 535447. Its ISIN is INE0G1L01025.
Incorporated in 2003, Le Merite Exports Ltd is in the business of manufacturing, purchase and sale of textiles [1]
Le Merite Exports Limited is a major player in the textile industry, specializing in cotton yarn and greige fabric manufacturing for both domestic and export markets.
The company is undergoing significant transformation by entering the defence textiles sector, leveraging advanced DRDO technologies for antimicrobial and anti-bed bug products.
Listed peers in Industrial Products: Adisoft Technologies Ltd, Elgi Rubber Company Ltd, Thaai Casting Ltd, Cool Caps Industries Ltd, Fluidomat Ltd, D & H India Ltd.
Valuation & Returns
10 Jul 2026At ₹22.69 a share on 10 Jul 2026, Le Merite Exports Ltd (LEMERITE) was valued at a price-to-earnings ratio of 29.52x against an industry P/E of 48.01x and a price-to-book of 2.49x on a book value of ₹9.09 per share as of Mar 2025. Solomo computes return on equity of 8.45% and return on capital employed of 9.32% from filed results. Earnings ratios use consolidated results for the twelve months Mar 2025 to Mar 2026.
- P/E
- 29.52x
- Industry P/E
- 48.01x
- P/B
- 2.49x
- EPS (TTM)
- ₹0.77
- Book value / share
- ₹9.09
- ROE
- 8.45%
- ROCE
- 9.32%
- ROA
- 4.05%
- Debt / equity
- 0.9x
- Dividend yield
- 0%
- EBITDA margin
- 6.37%
- 52-week range
- ₹20.2 – ₹107.57
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Le Merite Exports Ltd (LEMERITE) reported revenue of ₹357 crore, net profit of ₹12 crore and earnings per share of ₹0.93. That compares with revenue of ₹525 crore and net profit of ₹7 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹75.31 crore and net profit ₹0.87 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 525 | 377 | 468 | 525 | 357 |
| Net profit (₹ cr) | 21 | 2 | 2 | 7 | 12 |
| EPS (₹) | 2.47 | 0.37 | 0.15 | 0.5 | 0.93 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 17.25% | -2.99% | 12.13% |
| Profit growth | 11.00% | -36.86% | 292.00% |
| Stock price CAGR | - | 29% | -69% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 59.65% of Le Merite Exports Ltd (LEMERITE) (unchanged from the previous quarter). Market capitalisation was ₹284 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2022.
Largest disclosed public shareholders in Jun 2026: MEENAXI DILIP KOTHARI 1.29%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 59.65% | - | - | - | - |
| Mar 2026 | 59.65% | - | - | - | - |
| Dec 2025 | 59.65% | - | - | - | - |
| Sep 2025 | 61.53% | - | - | - | - |
| Mar 2025 | 62.22% | - | - | - | - |
| Sep 2024 | 73.06% | - | - | - | - |
| Mar 2024 | 72.96% | - | - | - | - |
| Sep 2023 | 72.74% | - | - | - | - |