Market Cap ₹192 Cr.
Stock P/E 0.0
P/B 2
Current Price ₹81.6
Book Value ₹ 39.9
Face Value 10
52W High ₹84.9
Dividend Yield 0.61%
52W Low ₹ 39.9
Le Merite Exports Limited, incorporated on 24 December 2003, is a prominent player in the textile industry. The company is engaged in spinning, weaving, and finishing textiles, with a product range that includes cotton yarn, greige fabric, and finished fabric. Their global presence extends to approximately 40 countries, including Bangladesh, China, Turkey, and the USA. Le Merite has received recognition from various industry bodies and aims to achieve an annual export revenue of INR 10,000 Million. Their vision emphasizes innovation and sustainability, while their mission focuses on value creation for stakeholders. The company’s registered address is in Mumbai, Maharashtra, India. Its top export destinations include the USA, Canada, UK, Australia and the Middle East.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) |
|---|
| Net Sales |
| Other Income |
| Total Income |
| Total Expenditure |
| Operating Profit |
| Interest |
| Depreciation |
| Exceptional Income / Expenses |
| Profit Before Tax |
| Provision for Tax |
| Profit After Tax |
| Adjustments |
| Profit After Adjustments |
| Adjusted Earnings Per Share |
| #(Fig in Cr.) | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|
| Net Sales | 268 | 526 | 377 | |
| Other Income | 1 | 1 | 3 | |
| Total Income | 269 | 527 | 380 | |
| Total Expenditure | 258 | 495 | 371 | |
| Operating Profit | 11 | 32 | 9 | |
| Interest | 2 | 4 | 4 | |
| Depreciation | 0 | 1 | 1 | |
| Exceptional Income / Expenses | 0 | 0 | 0 | |
| Profit Before Tax | 9 | 28 | 4 | |
| Provision for Tax | 2 | 7 | 2 | |
| Profit After Tax | 7 | 21 | 2 | |
| Adjustments | 0 | 0 | 2 | |
| Profit After Adjustments | 7 | 21 | 4 | |
| Adjusted Earnings Per Share | 4.1 | 12.3 | 1.8 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -28% | 0% | 0% | 0% |
| Operating Profit CAGR | -72% | 0% | 0% | 0% |
| PAT CAGR | -90% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 45% | NA% | NA% | NA% |
| ROE Average | 3% | 31% | 31% | 31% |
| ROCE Average | 5% | 16% | 16% | 16% |
| #(Fig in Cr.) | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Shareholder's Funds | 24 | 45 | 94 |
| Minority's Interest | 0 | 0 | -2 |
| Borrowings | 1 | 2 | 5 |
| Other Non-Current Liabilities | 0 | 0 | 0 |
| Total Current Liabilities | 66 | 129 | 105 |
| Total Liabilities | 92 | 177 | 202 |
| Fixed Assets | 2 | 3 | 3 |
| Other Non-Current Assets | 3 | 3 | 12 |
| Total Current Assets | 88 | 170 | 188 |
| Total Assets | 92 | 177 | 202 |
| #(Fig in Cr.) | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Opening Cash & Cash Equivalents | 5 | 8 | 8 |
| Cash Flow from Operating Activities | -22 | -44 | 11 |
| Cash Flow from Investing Activities | -0 | -2 | -7 |
| Cash Flow from Financing Activities | 25 | 46 | 30 |
| Net Cash Inflow / Outflow | 3 | 0 | 34 |
| Closing Cash & Cash Equivalent | 8 | 8 | 42 |
| # | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|
| Earnings Per Share (Rs) | 4.07 | 12.33 | 1.83 |
| CEPS(Rs) | 4.17 | 12.62 | 1.24 |
| DPS(Rs) | 0 | 1 | 0.5 |
| Book NAV/Share(Rs) | 14.3 | 26.63 | 39.91 |
| Core EBITDA Margin(%) | 3.89 | 5.89 | 1.58 |
| EBIT Margin(%) | 4.03 | 6 | 2.27 |
| Pre Tax Margin(%) | 3.42 | 5.32 | 1.18 |
| PAT Margin (%) | 2.59 | 4 | 0.61 |
| Cash Profit Margin (%) | 2.65 | 4.1 | 0.77 |
| ROA(%) | 7.56 | 15.67 | 1.21 |
| ROE(%) | 28.48 | 60.24 | 3.3 |
| ROCE(%) | 13.79 | 28.21 | 5.27 |
| Receivable days | 79.56 | 64.31 | 106.11 |
| Inventory Days | 13.78 | 7.88 | 14.82 |
| Payable days | 18.23 | 12.92 | 22.32 |
| PER(x) | 0 | 0 | 22.81 |
| Price/Book(x) | 0 | 0 | 1.04 |
| Dividend Yield(%) | 0 | 0 | 1.2 |
| EV/Net Sales(x) | 0.18 | 0.21 | 0.38 |
| EV/Core EBITDA(x) | 4.35 | 3.39 | 15.46 |
| Net Sales Growth(%) | 0 | 95.94 | -28.33 |
| EBIT Growth(%) | 0 | 191.76 | -72.84 |
| PAT Growth(%) | 0 | 202.68 | -89.08 |
| EPS Growth(%) | 0 | 202.69 | -85.19 |
| Debt/Equity(x) | 2.21 | 2.2 | 0.92 |
| Current Ratio(x) | 1.32 | 1.32 | 1.79 |
| Quick Ratio(x) | 1.17 | 1.22 | 1.61 |
| Interest Cover(x) | 6.56 | 8.81 | 2.08 |
| Total Debt/Mcap(x) | 0 | 0 | 0.88 |
| # | Jun 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Promoter | 72.74 | 72.74 | 72.74 | 72.74 | 72.96 |
| FII | 0.18 | 0.58 | 0.58 | 0.4 | 0.4 |
| DII | 0 | 0 | 0 | 0 | 0 |
| Public | 27.08 | 26.68 | 26.68 | 26.86 | 26.64 |
| Others | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 |
| # | Jun 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Promoter | 1.71 | 1.71 | 1.71 | 1.71 | 1.71 |
| FII | 0 | 0.01 | 0.01 | 0.01 | 0.01 |
| DII | 0 | 0 | 0 | 0 | 0 |
| Public | 0.64 | 0.63 | 0.63 | 0.63 | 0.63 |
| Others | 0 | 0 | 0 | 0 | 0 |
| Total | 2.35 | 2.35 | 2.35 | 2.35 | 2.35 |
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| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
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