LEMERITE Stock Overview
Engages in the manufacturing and trading of textile products in India and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Le Merite Exports Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹278.50 |
| 52 Week High | ₹281.00 |
| 52 Week Low | ₹41.00 |
| Beta | 0.0056 |
| 1 Month Change | 21.62% |
| 3 Month Change | 51.32% |
| 1 Year Change | 563.10% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 253.65% |
Recent News & Updates
Recent updates
Le Merite Exports (NSE:LEMERITE) Has A Somewhat Strained Balance Sheet
Sep 28
Le Merite Exports Limited's (NSE:LEMERITE) Shares Leap 30% Yet They're Still Not Telling The Full Story
Jul 24Even With A 31% Surge, Cautious Investors Are Not Rewarding Le Merite Exports Limited's (NSE:LEMERITE) Performance Completely
Jun 08Here's What's Concerning About Le Merite Exports' (NSE:LEMERITE) Returns On Capital
Mar 19Investors Could Be Concerned With Le Merite Exports' (NSE:LEMERITE) Returns On Capital
Oct 24Le Merite Exports (NSE:LEMERITE) Is Reinvesting At Lower Rates Of Return
Jul 08Market Might Still Lack Some Conviction On Le Merite Exports Limited (NSE:LEMERITE) Even After 30% Share Price Boost
Sep 15Shareholder Returns
| LEMERITE | IN Luxury | IN Market | |
|---|---|---|---|
| 7D | 2.2% | -2.1% | 0.2% |
| 1Y | 563.1% | 8.9% | 17.2% |
Return vs Industry: LEMERITE exceeded the Indian Luxury industry which returned 8.9% over the past year.
Return vs Market: LEMERITE exceeded the Indian Market which returned 17.2% over the past year.
Price Volatility
| LEMERITE volatility | |
|---|---|
| LEMERITE Average Weekly Movement | 3.0% |
| Luxury Industry Average Movement | 6.4% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.1% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: LEMERITE has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: LEMERITE's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 24 | Umashankar Lath | www.lemeriteexports.com |
Le Merite Exports Limited, together with its subsidiaries, engages in the manufacturing and trading of textile products in India and internationally. It offers cotton, cotton blended, and synthetic yarns; and greige and finished fabrics. The company was incorporated in 2003 and is headquartered in Mumbai, India.
Le Merite Exports Limited Fundamentals Summary
| LEMERITE fundamental statistics | |
|---|---|
| Market cap | ₹6.54b |
| Earnings (TTM) | ₹31.48m |
| Revenue (TTM) | ₹5.26b |
207.7x
P/E Ratio1.2x
P/S RatioIs LEMERITE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LEMERITE income statement (TTM) | |
|---|---|
| Revenue | ₹5.26b |
| Cost of Revenue | ₹4.91b |
| Gross Profit | ₹349.73m |
| Other Expenses | ₹318.24m |
| Earnings | ₹31.48m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.34 |
| Gross Margin | 6.65% |
| Net Profit Margin | 0.60% |
| Debt/Equity Ratio | 108.1% |
How did LEMERITE perform over the long term?
See historical performance and comparisonDividends
0.07%
Current Dividend Yield19%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/28 20:51 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Le Merite Exports Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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