Le Merite Exports logo

Le Merite Exports share price

NSE: LEMERITETextiles & ApparelsSmall Cap

Last close ₹18.88down ₹0.04 (0.21%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹18.92.

52-week range of traded prices to 23 Oct 2026
₹17.73Low, 21 Sep 2026₹107.57High, 12 Dec 2025
Market cap
₹236 Cr1,504th largest listed
P/E
84.7
P/B
1.8
Dividend yield
Nonein the last 12 months
ROE
2.2%
ROCE
−1.3%
Debt to equity
0.67
Volume, NSE
1,37,08473.3% delivered

Share price

Daily closes since May 2022, adjusted for splits and bonuses

−80.0%over a year

ResultsSplit, bonus, rights or demerger20-session average 2,60,266 shares a day, 44.1% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 14 Aug

Revenue
₹90 Crup 19.18%
Net profit
−₹4.58 CrQuarter to Mar 2026: ₹0.86 Cr
Net margin
−5.1%

Revenue by year

Peak revenue ₹515 Cr, year to Mar 2025

Net profit by year, a loss in red

₹ croreJun 2025Filed 10 DecSep 2025Filed 10 DecDec 2025Filed 13 FebMar 2026Filed 29 MayJun 2026Filed 14 Aug
Revenue11098737590
Net profit4421−5
Net margin3.9%4.4%2.8%1.1%−5.1%
Consolidated. The 5 quarters from Jun 2025, the first on record; the half years before them are below. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
₹ croreSep 2024Mar 2025Filed 28 May
Revenue297218
Net profit33
Net margin1.0%1.4%
Consolidated. The half years in the same span that the quarters on record do not fully cover.

Business segments

In the year to Mar 2026 the company reports one business segment, Textile Segment, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, EV/EBITDA: operating loss, last twelve months.PE ratio and valuation history

Dividend yield

At or below today's level on 32% of 1,073 trading days since Jun 2022.

LowestHighest
Its median0.08%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+49.2%+83.2%−18.5%0.0%
3 years+119.6%––0.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters59.65%
  • Foreign institutions0.05%
  • Individuals and others40.29%
Holder
ASHADEVI LATHPromoter25.30%
ABHISHEK LATHPromoter21.05%
UMASHANKAR NAHARMAL LATHPromoter5.51%
UMASHANKAR LATHPromoter4.38%
SWETA ABHISHEK LATHPromoter3.41%
MEENAXI DILIP KOTHARIResident individuals, over ₹2 lakh at face value1.29%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Trading - Textile Products, 11 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Le Merite Exports in market cap. 1 company in the table last traded before then: its row is priced on its last trade.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
PDS logoPDSPDSL4,83741.22.711.5+4.6%–6.9%9.8%0.97%
Bhilwara Technical Textiles logoBhilwara Technical TextilesBTTL214–1.3392.8+126.1%−361.2%−4.7%0.3%0.00%
Standard Industries logoStandard IndustriesSIL1151.91.01.5+585.2%–52.8%63.1%4.47%
SPL Industries logoSPL IndustriesSPLIL769.20.4–−36.3%+1.9%3.9%−4.9%0.00%
Anand Rayons logoAnand RayonsARL68–0.76.3+41.7%––7.8%0.00%
Vivaa Tradecom logoVivaa TradecomVIVAA5383.42.4–−0.9%−16.1%2.9%–0.00%
Sanblue Corporation logoSanblue CorporationSANBLUE2197.70.6–+115.8%−31.5%0.5%−0.9%0.00%
Globale Tessile logoGlobale TessileGLOBALE12–1.2–−63.7%–−11.3%−6.1%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.20 a share, year to Mar 2022.
Ex-dateTypePer share
23 Sep 2024Final₹0.20
22 Sep 2023Final₹0.50
22 Sep 2022Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Le Merite Exports share price by year

Each calendar year to 2025.Le Merite Exports share price history

YearClose at year endChangeHighest closeLowest close
202594.23+70.6%103.2555.39
202455.22+557.4%55.858.25
20238.40−28.7%13.488.02
202211.78–17.3310.81
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2022 is from its first session, 9 May 2022.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202619.1519.5418.0018.8818.571,37,08473.3%
22 Oct 202619.9319.9318.2518.9218.812,74,80436.0%
21 Oct 202619.8019.8018.9819.2319.312,89,13063.7%
19 Oct 202621.7021.7018.7018.9819.482,00,65031.0%
16 Oct 202621.6221.6220.1120.6020.831,13,48269.7%
15 Oct 202621.7021.8520.8021.1221.2388,76165.4%
14 Oct 202620.5021.7820.4921.5821.353,65,45969.7%
13 Oct 202619.4020.5018.2420.2919.442,94,14939.8%
12 Oct 202618.7319.8518.4618.7918.841,53,24421.3%
9 Oct 202619.2919.7618.7119.1018.941,24,28818.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
29 May 2026Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Le Merite Exports Limited
NSE symbol
LEMERITE
ISIN
INE0G1L01025
Industry
Textiles & Apparels
Listed
May 2022
Face value
₹2