LE MERITE EXPORTS Stock Price Today (NSE: LEMERITE)

LE MERITE EXPORTS

516.25+0.00 (+0.00%)
Market Closed

Fundamental Score

...

LE MERITE EXPORTS Share Price — Live NSE/BSE Price, Fundamentals & Analysis

LE MERITE EXPORTS share price today is 516.25, up +0.00% on NSE/BSE as of 18 June 2026. LE MERITE EXPORTS (LEMERITE) is a Small-cap company in the Other Textile Products sector with a market capitalisation of 1.19K (Cr). The 52-week high for LEMERITE share price is 521.95 and the 52-week low is 288.20. At a P/E ratio of 107.28x, LEMERITE is currently trading above its industry average P/E of 20.18x. The company has a Return on Equity (ROE) of 4.74% and a debt-to-equity ratio of 0.64.

LE MERITE EXPORTS Share Price Chart — NSE/BSE Historical Performance

No data
High
521.95
Low
484.00
Volume
52.8K
Change
+4.47%

LE MERITE EXPORTS share price chart: 4.47% return over the past month. 52-week high ₹521.95, 52-week low ₹288.20.

LE MERITE EXPORTS — Last 10 Trading Days

DateOpenHighLowCloseVolume
510.00520.00506.00516.2565.60K (Cr)
506.20509.10506.00507.801.45L (Cr)
514.00518.00506.00510.6041.60K (Cr)
505.00521.95502.00514.3588.80K (Cr)
508.00509.00498.10507.3027.60K (Cr)
497.95509.85488.00507.8539.20K (Cr)
493.00494.55484.00485.259.60K (Cr)
497.00500.50493.00493.4031.20K (Cr)
503.95505.90497.15497.3513.60K (Cr)
503.75509.05499.00502.8564.00K (Cr)

LE MERITE EXPORTS — Last 12 Months Price History

MonthOpenHighLowCloseChange
493.00521.95484.00516.25+4.72%
477.00520.00462.25493.40+3.44%
434.50496.00432.15479.55+10.37%
375.00444.50350.10437.00+16.53%
330.00363.90315.00363.65+10.20%
308.55345.00305.00324.75+5.25%
318.25322.00288.20306.50-3.69%

AI Research Briefing

Powered by Gemini · 2026-04-17

Overvalued micro-cap hoping for a retail liquidity boost via stock split; avoid.

Research Confidence
6.0/10Moderate
MICRO-CAP DARK HORSE3M: 35.57%Expensive - P/E of 107.28x vs industry P/E of 20.18x

WHAT'S HAPPENING NOW (last 2-4 weeks)

Le Merite Exports announced a stock split in the ratio of 1:5 on April 8, 2026. The record date for the split is yet to be announced.

CORE STORY (THE REAL GAME)

Retail investor participation play. Le Merite is attempting to increase its stock liquidity and attract retail investors through a stock split. This is a micro-cap company attempting to broaden its shareholder base.

Why Now
  • Stock split announcement
  • Textile sector tailwinds
  • Past strong returns
Potential Catalysts
  • Successful attraction of retail investors
  • Order wins
  • Improved earnings
Key Risks
  • Illiquidity risk
  • High valuation
  • Promoter selling
Institutional Activity

Promoter reduced stake by 2.35%, FII reduced stake by 0.4%.

Macro Context

Textile sector benefiting from global supply chain diversification away from China.

Cash Flow Quality

Negative Free Cash Flow 5Y: ₹-75.33 Cr

3–6 Month Outlook

Stock split may increase liquidity, but high valuation and negative FCF raise concerns. 3-6 month outlook: Expect volatility and potential correction.

Primary Thesis Risk

Valuation collapse if retail interest fades.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

4.74%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

7.80%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

3.16%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

LE MERITE EXPORTS Valuation Check

Poor

Price to Earnings (P/E)

107.28x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

20.18x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

59.87%

% shares held by company founders/management

Poor

FII Holding

0.12%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

209.78%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-18.99%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

17.25%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-36.03%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

8.80%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.64x

Total debt ÷ equity. Below 0.5 = financially healthy

Average

Interest Coverage Ratio

2.69x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-75.33 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

LE MERITE EXPORTS Fundamental Analysis & Valuation Benchmarking

Educational evaluation of LEMERITE across key market metrics for learning purposes.

Positive Indicators

4 factors identified

Robust Profit Growth (209.78%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Consistent Growth Track Record (17.25% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Balanced Promoter Holding (59.87%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

9 factors identified

Below-Average Return on Equity (4.74%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (7.80%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (3.16%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Premium Valuation Risk (P/E: 107.28x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Revenue Contraction (-18.99%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Weak Earnings Growth (-36.03% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Negative Free Cash Flow (₹-75.33 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 0.12%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

LE MERITE EXPORTS vs Other Textile Products Peers

Peer Comparison - Other Textile Products

Compare LE MERITE EXPORTS with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
29.7/100
516
₹1189.74
107.3
Average
4.74%
Poor
7.80%
Poor
0.6
Good
8.80%
Good
17.25%
Excellent
0.00%
KPR Mill Ltd...
KPRMILL532889
55.7/100
938
₹35671.14
42.6
Average
17.04%
Good
19.84%
Good
0.1
Excellent
16.53%
Excellent
13.76%
Good
0.48%
Trident Ltd...
TRIDENT521064
36.3/100
25
₹14319.59
32.3
Average
8.23%
Poor
9.48%
Poor
0.3
Excellent
1.70%
Average
8.13%
Good
1.78%
33.5/100
140
₹13630.96
38.6
Average
13.66%
Average
14.41%
Average
0.6
Good
6.39%
Good
9.36%
Good
1.20%
39.8/100
596
₹12454.05
14.8
Average
8.95%
Poor
10.83%
Average
0.1
Excellent
8.16%
Good
7.76%
Good
1.16%
25.9/100
13
₹8296.92
-4.76%
Poor
-5.27%
Poor
2.38%
Average
0.00%
44.2/100
650
₹6880.68
33.7
Average
18.72%
Good
24.68%
Excellent
0.1
Excellent
10.71%
Good
10.07%
Good
1.15%
0/100
711
₹6827.10
86.2
Average
0.67%
Poor
2.87%
Poor
0.3
Excellent
0.00%
35.8/100
312
₹6354.49
38.6
Average
11.30%
Average
13.52%
Average
0.5
Good
9.94%
Good
14.82%
Good
0.62%
19.2/100
408
₹3950.09
28.6
Average
10.15%
Average
10.39%
Average
0.8
Good
0.00%
18.5/100
31
₹3327.69
47.7
Average
10.06%
Average
10.24%
Average
0.7
Good
21.67%
Excellent
0.80%
Average
0.00%

LE MERITE EXPORTS PE Ratio History

Historical price-to-earnings ratio for LEMERITE — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20240.74₹276.10373.1x
FY 20231.83₹42.6023.3x
FY 20228.97₹58.906.6x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

LE MERITE EXPORTS Dividend History

Annual cash dividends paid by LEMERITE — dividend yield N/A

Financial YearDividends Paid (₹ Cr)
FY 20250.47 Cr
FY 20241.17 Cr
FY 20232.35 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

LE MERITE EXPORTS Quarterly Performance

Latest quarterly metrics for LEMERITE — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-18.99%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

209.78%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

17.25%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

8.80%

Compounded annual net profit growth over 5 years

LE MERITE EXPORTS Technical Indicators

SMA 50, SMA 200, RSI and volume signals for LEMERITE — calculated from daily price history

70RSI 14
Neutral — RSI 70

Momentum is balanced — neither overbought nor oversold.

SMA 50
451
▲ Price above SMA 50 — Short-term bullish
SMA 200
349
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
49K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

LE MERITE EXPORTS Financial Statements

Annual income statement, balance sheet and cash flow for LE MERITE EXPORTS (LEMERITE) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for LE MERITE EXPORTS

About LEMERITE (LE MERITE EXPORTS)

LE MERITE EXPORTS (LEMERITE) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Other Textile Products sector with... a current market capitalisation of ₹1.19K (Cr). LE MERITE EXPORTS has delivered a Return on Equity (ROE) of 4.74% and a ROCE of 7.80%. The debt-to-equity ratio stands at 0.64, reflecting the company's capital structure. Investors tracking LEMERITE share price can monitor key metrics including P/E ratio, promoter holding of 59.87%, and quarterly earnings growth.

Company Details

Symbol:LEMERITE
Industry:Other Textile Products
Sector:Other Textile Products
Website:N/A

LEMERITE Share Price: Frequently Asked Questions

What is the current share price of LE MERITE EXPORTS?

LE MERITE EXPORTS (LEMERITE) trades at ₹516.25 on NSE. Market cap ₹1.19K (Cr). Educational data only.

What is the P/E ratio of LE MERITE EXPORTS?

LE MERITE EXPORTS has a P/E of 107.28x vs industry average 20.18x.

What is the Bull Run score for LE MERITE EXPORTS?

LE MERITE EXPORTS has a Bull Run score of 29.7/100 based on 25+ financial parameters.

Does LE MERITE EXPORTS pay dividends?

LE MERITE EXPORTS has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of LE MERITE EXPORTS?

LE MERITE EXPORTS has ROE of 4.74%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of LE MERITE EXPORTS?

LE MERITE EXPORTS has debt-to-equity of 0.64.

Is LE MERITE EXPORTS a good investment?

Bull Run gives LE MERITE EXPORTS a score of 29.7/100. This is not investment advice — consult a SEBI-registered advisor.