LEMERITE Stock Overview
Le Merite Exports Limited, together with its subsidiaries, engages in the manufacturing and trading of textile products in India and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
Le Merite Exports Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹74.90 |
| 52 Week High | ₹77.75 |
| 52 Week Low | ₹39.90 |
| Beta | 0 |
| 1 Month Change | 21.59% |
| 3 Month Change | 47.01% |
| 1 Year Change | 21.79% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -4.89% |
Recent News & Updates
Here's What's Concerning About Le Merite Exports' (NSE:LEMERITE) Returns On Capital
Mar 19
Investors Could Be Concerned With Le Merite Exports' (NSE:LEMERITE) Returns On Capital
Oct 24Recent updates
Here'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 | 11.0% | 1.2% | 2.1% |
| 1Y | 21.8% | 29.6% | 45.9% |
Return vs Industry: LEMERITE underperformed the Indian Luxury industry which returned 29.6% over the past year.
Return vs Market: LEMERITE underperformed the Indian Market which returned 45.9% over the past year.
Price Volatility
| LEMERITE volatility | |
|---|---|
| LEMERITE Average Weekly Movement | 6.9% |
| Luxury Industry Average Movement | 6.8% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in IN Market | 10.0% |
| 10% least volatile stocks in IN Market | 4.2% |
Stable Share Price: LEMERITE's share price has been volatile over the past 3 months.
Volatility Over Time: LEMERITE's weekly volatility (7%) 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 | ₹1.76b |
| Earnings (TTM) | ₹16.02m |
| Revenue (TTM) | ₹4.35b |
109.8x
P/E Ratio0.4x
P/S RatioIs LEMERITE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LEMERITE income statement (TTM) | |
|---|---|
| Revenue | ₹4.35b |
| Cost of Revenue | ₹4.07b |
| Gross Profit | ₹285.91m |
| Other Expenses | ₹269.89m |
| Earnings | ₹16.02m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.68 |
| Gross Margin | 6.57% |
| Net Profit Margin | 0.37% |
| Debt/Equity Ratio | 111.2% |
How did LEMERITE perform over the long term?
See historical performance and comparison