Le Merite Exports Limited

NSEI:LEMERITE Stock Report

Market Cap: ₹6.5b

Le Merite Exports Past Earnings Performance

Past criteria checks 4/6

Le Merite Exports's earnings have been declining at an average annual rate of -28%, while the Luxury industry saw earnings growing at 20.8% annually. Revenues have been growing at an average rate of 20.8% per year. Le Merite Exports's return on equity is 3.5%, and it has net margins of 0.6%.

Key information

-28.0%

Earnings growth rate

-69.1%

EPS growth rate

Luxury Industry Growth17.6%
Revenue growth rate20.8%
Return on equity3.5%
Net Margin0.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Le Merite Exports (NSE:LEMERITE) Has A Somewhat Strained Balance Sheet

Sep 28
Le Merite Exports (NSE:LEMERITE) Has A Somewhat Strained Balance Sheet

Le Merite Exports Limited's (NSE:LEMERITE) Shares Leap 30% Yet They're Still Not Telling The Full Story

Jul 24
Le Merite Exports Limited's (NSE:LEMERITE) Shares Leap 30% Yet They're Still Not Telling The Full Story

Even With A 31% Surge, Cautious Investors Are Not Rewarding Le Merite Exports Limited's (NSE:LEMERITE) Performance Completely

Jun 08
Even With A 31% Surge, Cautious Investors Are Not Rewarding Le Merite Exports Limited's (NSE:LEMERITE) Performance Completely

Here's What's Concerning About Le Merite Exports' (NSE:LEMERITE) Returns On Capital

Mar 19
Here's What's Concerning About Le Merite Exports' (NSE:LEMERITE) Returns On Capital

Investors Could Be Concerned With Le Merite Exports' (NSE:LEMERITE) Returns On Capital

Oct 24
Investors Could Be Concerned With Le Merite Exports' (NSE:LEMERITE) Returns On Capital

Le Merite Exports (NSE:LEMERITE) Is Reinvesting At Lower Rates Of Return

Jul 08
Le Merite Exports (NSE:LEMERITE) Is Reinvesting At Lower Rates Of Return

Market Might Still Lack Some Conviction On Le Merite Exports Limited (NSE:LEMERITE) Even After 30% Share Price Boost

Sep 15
Market Might Still Lack Some Conviction On Le Merite Exports Limited (NSE:LEMERITE) Even After 30% Share Price Boost

Revenue & Expenses Breakdown

How Le Merite Exports makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:LEMERITE Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 245,25531370
30 Jun 244,96824380
31 Mar 244,68217390
31 Dec 234,51717500
30 Sep 234,35216610
30 Jun 234,06129800
31 Mar 233,769431000
31 Dec 224,349951100
30 Sep 224,938141920
30 Jun 225,098176730
31 Mar 225,259211700
31 Mar 212,68470300
31 Mar 202,16731250
31 Mar 191,80011200

Quality Earnings: LEMERITE has high quality earnings.

Growing Profit Margin: LEMERITE's current net profit margins (0.6%) are higher than last year (0.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LEMERITE's earnings have declined by 28% per year over the past 5 years.

Accelerating Growth: LEMERITE's earnings growth over the past year (96.6%) exceeds its 5-year average (-28% per year).

Earnings vs Industry: LEMERITE earnings growth over the past year (96.6%) exceeded the Luxury industry 16.1%.


Return on Equity

High ROE: LEMERITE's Return on Equity (3.5%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 20:51
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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.

AnalystInstitution