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Le Merite Exports (LEMERITE)₹24.27+0.12%Other Textile Products
In the Jun 2026 quarter (consolidated), Le Merite Exports reported sales of ₹89.87 Cr, down 18.9% from Jun 2025, and net profit of −₹4.58 Cr, down 206.3% year on year. For the year to Mar 2026, sales were ₹358 Cr and net profit ₹12.01 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 95.75 | 126 | 111 | 98.43 | 73.67 | 75.48 | 89.87 |
| Expenses | 93.29 | 121 | 105 | 92.26 | 71.16 | 75.06 | 98.91 |
| Operating Profit | 1.80 | 4.62 | 5.30 | 5.60 | 2.02 | −0.09 | −9.57 |
| OPM % | 1.9% | 3.7% | 4.8% | 5.7% | 2.8% | −0.1% | −10.6% |
| Other Income | 1.05 | 1.56 | 2.60 | 2.29 | 2.46 | 3.11 | 5.96 |
| Interest | 2.21 | 2.52 | 2.02 | 1.90 | 1.47 | 1.65 | 1.54 |
| Depreciation | 0.37 | 0.37 | 0.35 | 0.35 | 0.35 | 0.30 | 0.25 |
| Profit before tax | 0.28 | 3.30 | 5.54 | 5.65 | 2.69 | 1.10 | −5.43 |
| Tax % | 11.2% | 28.3% | 22.5% | 23.0% | 23.5% | 20.3% | −15.5% |
| Net Profit | 0.26 | 2.36 | 4.31 | 4.36 | 2.06 | 0.88 | −4.58 |
| EPS (Rs) | 0.03 | 0.20 | 0.36 | 0.37 | 0.18 | 0.07 | −0.37 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 268 | 526 | 378 | 469 | 526 | 358 | 337 |
| Expenses | 257 | 492 | 370 | 460 | 515 | 343 | 337 |
| Operating Profit | 10.01 | 30.99 | 6.01 | 5.99 | 8.01 | 13.01 | −2.04 |
| OPM % | 3.9% | 6.0% | 1.6% | 1.4% | 1.5% | 3.7% | −0.6% |
| Other Income | 1.01 | 1.01 | 3.01 | 4.01 | 11.01 | 10.02 | 13.82 |
| Interest | 2.01 | 4.01 | 4.01 | 7.02 | 9.03 | 7.02 | 6.56 |
| Depreciation | 0.00 | 0.00 | 1.01 | 0.00 | 1.01 | 1.01 | 1.25 |
| Profit before tax | 9.02 | 28.06 | 4.01 | 2.01 | 9.03 | 15.05 | 4.01 |
| Tax % | 24.1% | 25.0% | 48.0% | 24.1% | 21.1% | 23.1% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 7.01 | 21.02 | 2.01 | 2.01 | 7.01 | 12.01 | 2.72 |
| EPS (Rs) | 8.22 | 2.48 | 0.38 | 0.16 | 0.51 | 0.94 | 0.25 |
| Dividend payout % | 0.0% | 7.9% | 26.9% | 27.0% | 0.0% | 0.0% | — |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 2.00 | 17.00 | 23.03 | 23.00 | 24.01 | 25.03 |
| Reserves | 23.03 | 28.01 | 70.10 | 71.06 | 90.06 | 110 |
| Borrowings | 54.08 | 100 | 86.09 | 92.06 | 103 | 90.10 |
| Other Liabilities | 14.06 | 31.16 | 22.10 | 12.06 | 21.10 | 33.15 |
| Total Liabilities | 92.17 | 177 | 202 | 198 | 238 | 259 |
| Fixed Assets | 2.01 | 3.01 | 2.01 | 3.01 | 13.05 | 13.05 |
| CWIP | 0.00 | 0.00 | 7.01 | 8.02 | 0.00 | 9.02 |
| Investments | 2.01 | 2.01 | 2.01 | 1.01 | 2.01 | 29.06 |
| Other Assets | 89.15 | 172 | 191 | 186 | 223 | 207 |
| Inventories | 10.01 | 13.01 | 18.01 | 18.01 | 10.99 | 6.99 |
| Trade receivables | 57.93 | 127 | 91.94 | 88.87 | 116 | 83.87 |
| Cash & equivalents | 8.03 | 8.03 | 42.16 | 45.14 | 54.22 | 56.20 |
| Total Assets | 92.17 | 177 | 202 | 198 | 238 | 259 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from operating activity | −21.99 | −44.02 | 11.01 | 0.00 | −11.99 | 38.99 |
| Cash from investing activity | 0.00 | −2.01 | −6.99 | −1.99 | −2.99 | −24.98 |
| Cash from financing activity | 25.09 | 46.13 | 30.09 | 4.02 | 25.10 | −7.02 |
| Net cash flow | 3.01 | 0.00 | 34.01 | 2.99 | 9.01 | 6.99 |
| Capex | 0.20 | 1.82 | 7.11 | 1.41 | 2.12 | 11.45 |
| Free cash flow | −22.03 | −46.04 | 4.01 | −1.01 | −14.02 | 27.05 |
| CFO / OP % | −191.0% | −119.0% | 222.0% | 17.0% | −136.0% | 333.0% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor days | 79 | 87 | 88 | 68 | 80 | 84 |
| Inventory days | 17 | 11 | 21 | 16 | 9 | 10 |
| Days payable | 19 | 17 | 25 | 12 | 16 | 15 |
| Cash conversion cycle | 76 | 82 | 84 | 73 | 73 | 79 |
| Working capital days | 16 | 21 | 34 | 27 | 37 | 57 |
| ROCE % | — | 28.0% | 5.0% | 5.0% | 9.0% | 10.0% |
For the Jun 2026 quarter, Le Merite Exports reported sales of ₹89.87 Cr, down 18.9% year on year and net profit of −₹4.58 Cr, down 206.3% year on year. The operating margin was −10.6%.
Le Merite Exports' sales for the year to Mar 2026 were ₹358 Cr; over the last twelve months they were ₹337 Cr.
Net profit for the year to Mar 2026 was ₹12.01 Cr, and ₹2.72 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.25.
Le Merite Exports reported borrowings of ₹90.10 Cr at Mar 2026, against cash and equivalents of ₹56.20 Cr.
Cash from operations was ₹38.99 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹27.05 Cr.