About Le Marite
Le Marite is a publicly listed company based in Mumbai (India) founded in 2003. Yarn, grey fabrics, and apparel fabrics are manufactured. The company has 18 employees. Its Indian entity Le Merite Exports Limited reported revenue of ₹368 Cr. Le Marite offers products and services including Yarn and Greige Fabrics. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Le Marite was founded in 2003 and is based in Mumbai, India. Operations focus on the textile sector, where yarn, grey fabrics, and apparel fabrics are produced. The company is managed by Director Abhishek Lath. Exports are handled through the domain lemeriteexports.com, supporting distribution in the apparel manufacturing industry. Core activities remain centered on fabric and yarn production for domestic and international markets.
- Headquarters Mumbai, India
- Employees 18
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website lemeriteexports.com
- Social LinkedIn
- Legal Name Le Merite Exports Ltd.
- Market Cap₹244 Cr
LEMERITE · NSE
- Share Price₹18.77
-3.55% today
- Revenue₹357 Cr
FY 2025-26 · -31.9% YoY
- EBITDA₹13.17 Cr
Margin 3.7%
- Net Profit₹11.60 Cr
FY 2025-26 · +100.7% YoY
- P/E (TTM)88.4x
P/B 1.9x
- Employee Count18
Associated legal entities of Le Marite
Le Marite operates through Le Merite Exports Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Le Merite Exports Limited Listed CIN L17111MH2003PLC143645 | Active | 24 Dec 2003 | Mumbai, Maharashtra | ₹368 Cr | 18 | 8 | View details |
Products & Services of Le Marite
Le Marite offers a comprehensive portfolio of products and services, including Yarn and Greige Fabrics.
Yarn is produced and exported by Le Merite for various industrial applications
Greige fabrics are manufactured and supplied by Le Merite as part of textile offerings
Board of directors of Le Merite Exports Limited (Le Marite)
Le Merite Exports Limited is the primary company behind Le Marite. The board of Le Merite Exports Limited currently have 6 directors; the longest-serving is Umashankar Lath, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Umashankar Lath DIN 05135035 | Managing Director | 18 Nov 2021 | 4 yrs 11 mo | Le Merite Exports Limited |
| Abhishek Lath DIN 00331675 | Managing Director | 18 Nov 2021 | 4 yrs 11 mo | Le Merite Exports Limited |
| Sweta Lath DIN 07213314 | Director | 18 Nov 2021 | 4 yrs 11 mo | Le Merite Exports Limited |
| Jaydeep Purujit Mehta DIN 06952808 | Director | 25 Jan 2022 | 4 yrs 9 mo | Le Merite Exports Limited |
| Narendra Kumar Srivastava DIN 09439120 | Director | 25 Jan 2022 | 4 yrs 9 mo | Le Merite Exports Limited |
| Kusum Naruka DIN 10679553 | Additional Director | 14 Aug 2026 | 2 mo | Le Merite Exports Limited |
People of Le Marite
1 people are tracked at Le Marite (1 in leadership); the tracked headcount is 18.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Le Marite
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Le Marite
Le Marite is a publicly listed company on the NSE with ticker symbol LEMERITE in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date09 May 2022
- Listed onNSE: LEMERITE
- Listed entityLe Merite Exports Ltd.
- Exchange sectorProcess industries
- ISININE0G1L01025
- Share price₹21.58 (+6.36% on the day) · 2026-10-14
- Market capitalisation₹254 Cr
- Price to earnings102.2
- EPS (diluted, trailing year)₹0.21
- Volume (last session)364,959
Financials of Le Marite
Exchange-reported figures of Le Merite Exports Limited, the listed company behind Le Marite (NSE: LEMERITE).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 357 | 525 | 468 | 377 | 526 | 268 |
| Revenue growth | -31.9% | +12.1% | +24.2% | -28.3% | +96.0% | - |
| EBITDA | 13.17 | 7.74 | 6.41 | 5.96 | 30.99 | 10.45 |
| EBITDA margin | +3.7% | +1.5% | +1.4% | +1.6% | +5.9% | +3.9% |
| Profit before tax | 14.93 | 8.65 | 2.31 | 4.44 | 27.98 | 9.19 |
| Net profit | 11.60 | 5.78 | 1.55 | 4.28 | 20.85 | 6.92 |
| Net profit margin | +3.3% | +1.1% | +0.3% | +1.1% | +4.0% | +2.6% |
| EPS (₹) | 0.92 | 2.51 | 0.74 | 1.83 | 12.33 | 40.73 |
| Balance sheet | ||||||
| Total assets | 226 | 214 | 184 | 178 | 146 | 78.42 |
| Net worth | 136 | 112 | 93.99 | 93.72 | 45.48 | 24.43 |
| Total debt | 90.47 | 103 | 92.11 | 86.09 | 99.88 | 53.99 |
| Cash & bank | 56.36 | 53.25 | 44.96 | 42.00 | 8.25 | 7.96 |
| Net working capital | 169 | 195 | 168 | 159 | 138 | 73.27 |
| Cash flow | ||||||
| Cash from operations | 38.87 | (7.17) | 0.17 | 11.08 | (43.96) | (22.14) |
| Cash from investing | (25.34) | (6.15) | (1.66) | (7.32) | (1.94) | (0.14) |
| Cash from financing | (6.56) | 14.99 | 4.45 | 29.99 | 46.19 | 24.82 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 89.75 | 75.31 | 73.49 | 98.21 | 110 | 126 | 95.51 |
| Revenue growth (YoY) | -18.8% | -40.3% | -23.1% | - | - | - | - |
| Other income | 5.95 | 3.10 | 2.45 | 2.28 | 2.59 | 1.55 | 1.04 |
| EBITDA | (9.58) | (0.08) | 2.03 | 5.60 | 5.29 | 4.61 | 1.80 |
| EBITDA margin | -10.7% | -0.1% | +2.8% | +5.7% | +4.8% | +3.7% | +1.9% |
| Depreciation | 0.26 | 0.29 | 0.34 | 0.36 | 0.34 | 0.36 | 0.36 |
| Interest | 1.53 | 1.64 | 1.46 | 1.89 | 2.01 | 2.51 | 2.20 |
| Profit before tax | (5.42) | 1.09 | 2.68 | 5.63 | 5.53 | 3.29 | 0.28 |
| Tax | (0.84) | 0.22 | 0.63 | 1.29 | 1.24 | 0.93 | 0.03 |
| Net profit | (4.58) | 0.87 | 2.05 | 4.34 | 4.29 | 2.36 | 0.25 |
| EPS (₹) | (0.35) | 0.07 | 0.80 | 1.74 | 0.34 | 0.94 | 0.10 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 356 | 480 | 468 | 364 | 526 | 268 | 217 |
| Revenue growth | -25.9% | +2.6% | +28.6% | -30.8% | +96.0% | +23.9% | - |
| EBITDA | 12.01 | 8.47 | 6.43 | 10.13 | 30.99 | 10.45 | 6.39 |
| EBITDA margin | +3.4% | +1.8% | +1.4% | +2.8% | +5.9% | +3.9% | +3.0% |
| Profit before tax | 14.39 | 7.07 | 2.31 | 8.50 | 27.98 | 9.19 | 4.32 |
| Net profit | 11.01 | 4.99 | 1.55 | 6.34 | 20.85 | 6.92 | 3.28 |
| Net profit margin | +3.1% | +1.0% | +0.3% | +1.7% | +4.0% | +2.6% | +1.5% |
| EPS (₹) | 0.88 | 2.18 | 0.74 | 2.71 | 12.33 | 40.73 | 18.42 |
| Balance sheet | |||||||
| Total assets | 220 | 216 | 185 | 179 | 146 | 78.42 | 46.28 |
| Net worth | 137 | 113 | 96.06 | 95.79 | 45.49 | 24.43 | 17.29 |
| Total debt | 82.78 | 102 | 88.66 | 82.64 | 99.88 | 53.99 | 28.99 |
| Cash & bank | 56.24 | 53.24 | 44.91 | 41.98 | 8.24 | 7.96 | 5.42 |
| Net working capital | 168 | 193 | 166 | 161 | 138 | 73.27 | 41.96 |
| Cash flow | |||||||
| Cash from operations | 35.42 | (10.45) | 0.12 | 18.38 | (43.96) | (22.14) | (2.50) |
| Cash from investing | (14.62) | (6.16) | (1.66) | (7.32) | (1.94) | (0.14) | (0.17) |
| Cash from financing | (13.83) | 18.31 | 4.47 | 22.68 | 46.18 | 24.82 | (1.93) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 89.75 | 73.58 | 73.49 | 98.21 | 110 | 126 | 95.34 |
| Revenue growth (YoY) | -18.8% | -41.6% | -22.9% | - | - | - | - |
| Other income | 6.13 | 3.72 | 2.45 | 2.28 | 2.59 | 1.35 | 1.03 |
| Total expenses | 99.20 | 75.02 | 71.31 | 92.55 | 105 | 121 | 93.54 |
| EBITDA | (9.45) | (1.44) | 2.18 | 5.66 | 5.30 | 4.82 | 1.80 |
| EBITDA margin | -10.5% | -2.0% | +3.0% | +5.8% | +4.8% | +3.8% | +1.9% |
| Depreciation | 0.26 | 0.29 | 0.34 | 0.36 | 0.34 | 0.36 | 0.36 |
| Interest | 1.52 | 1.66 | 1.46 | 1.89 | 2.01 | 2.51 | 2.20 |
| Profit before tax | (5.10) | 0.33 | 2.83 | 5.69 | 5.54 | 3.30 | 0.27 |
| Tax | (0.84) | 0.24 | 0.63 | 1.29 | 1.24 | 0.93 | 0.03 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 89.75 | 75.31 | 73.49 | 98.21 | 110 | 126 | 95.51 |
| Revenue growth (YoY) | -18.8% | -40.3% | -23.1% | - | - | - | - |
| Other income | 5.95 | 3.10 | 2.45 | 2.28 | 2.59 | 1.55 | 1.04 |
| EBITDA | (9.58) | (0.08) | 2.03 | 5.60 | 5.29 | 4.61 | 1.80 |
| EBITDA margin | -10.7% | -0.1% | +2.8% | +5.7% | +4.8% | +3.7% | +1.9% |
| Depreciation | 0.26 | 0.29 | 0.34 | 0.36 | 0.34 | 0.36 | 0.36 |
| Interest | 1.53 | 1.64 | 1.46 | 1.89 | 2.01 | 2.51 | 2.20 |
| Profit before tax | (5.42) | 1.09 | 2.68 | 5.63 | 5.53 | 3.29 | 0.28 |
| Tax | (0.84) | 0.22 | 0.63 | 1.29 | 1.24 | 0.93 | 0.03 |
| Net profit | (4.58) | 0.87 | 2.05 | 4.34 | 4.29 | 2.36 | 0.25 |
| EPS (₹) | (0.35) | 0.07 | 0.80 | 1.74 | 0.34 | 0.94 | 0.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 357 | 525 | 468 | 377 | 526 | 268 |
| Revenue growth | -31.9% | +12.1% | +24.2% | -28.3% | +96.0% | - |
| Other income | 10.09 | 11.11 | 3.73 | 3.22 | 1.07 | 0.55 |
| Total expenses | 344 | 517 | 462 | 371 | 495 | 258 |
| Employee cost | 0.00 | 2.03 | 1.94 | 5.69 | 3.86 | 1.13 |
| EBITDA | 13.17 | 7.74 | 6.41 | 5.96 | 30.99 | 10.45 |
| EBITDA margin | +3.7% | +1.5% | +1.4% | +1.6% | +5.9% | +3.9% |
| Depreciation | 1.33 | 1.18 | 0.47 | 0.61 | 0.50 | 0.16 |
| Interest | 7.00 | 9.02 | 7.36 | 4.13 | 3.58 | 1.65 |
| Profit before tax | 14.93 | 8.65 | 2.31 | 4.44 | 27.98 | 9.19 |
| Tax | 3.37 | 1.78 | 0.56 | 2.14 | 6.92 | 2.21 |
| Net profit | 11.60 | 5.78 | 1.55 | 4.28 | 20.85 | 6.92 |
| Net profit margin | +3.3% | +1.1% | +0.3% | +1.1% | +4.0% | +2.6% |
| EPS (₹) | 0.92 | 2.51 | 0.74 | 1.83 | 12.33 | 40.73 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 25.03 | 24.30 | 23.48 | 23.48 | 17.08 | 1.71 |
| Reserves & surplus | 107 | 84.96 | 70.51 | 70.24 | 28.40 | 22.72 |
| Shareholders' funds (net worth) | 136 | 112 | 93.99 | 93.72 | 45.48 | 24.43 |
| Minority interest | (1.20) | (1.19) | (1.96) | (1.96) | 0.03 | 0.00 |
| Secured loans | 82.74 | 90.51 | 87.31 | 81.97 | 99.37 | 52.92 |
| Unsecured loans | 7.73 | 12.36 | 4.80 | 4.12 | 0.51 | 1.07 |
| Total debt | 90.47 | 103 | 92.11 | 86.09 | 99.88 | 53.99 |
| Total liabilities | 226 | 214 | 184 | 178 | 146 | 78.42 |
| Assets | ||||||
| Gross block | 15.88 | 13.62 | 6.91 | 5.77 | 5.61 | 3.78 |
| Net block | 13.37 | 12.44 | 3.18 | 2.51 | 2.95 | 1.63 |
| Capital work in progress | 9.22 | 0.00 | 8.32 | 6.97 | 0.00 | 0.00 |
| Investments | 29.22 | 2.48 | 1.14 | 1.97 | 1.78 | 1.70 |
| Inventories | 7.48 | 11.13 | 17.66 | 18.04 | 12.57 | 10.13 |
| Sundry debtors | 83.53 | 113 | 88.97 | 91.97 | 127 | 58.50 |
| Cash & bank balances | 56.36 | 53.25 | 44.96 | 42.00 | 8.25 | 7.96 |
| Loans & advances | 54.28 | 39.35 | 30.55 | 31.10 | 21.92 | 10.32 |
| Total current assets | 202 | 217 | 182 | 183 | 170 | 86.91 |
| Total current liabilities | 32.97 | 21.40 | 13.83 | 23.99 | 31.14 | 13.64 |
| Net working capital | 169 | 195 | 168 | 159 | 138 | 73.27 |
| Total assets | 226 | 214 | 184 | 178 | 146 | 78.42 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 3.09 | 1.42 | 42.00 | 8.25 | 7.96 | 5.42 |
| Net cash from operating activities | 38.87 | (7.17) | 0.17 | 11.08 | (43.96) | (22.14) |
| Net cash from investing activities | (25.34) | (6.15) | (1.66) | (7.32) | (1.94) | (0.14) |
| Net cash from financing activities | (6.56) | 14.99 | 4.45 | 29.99 | 46.19 | 24.82 |
| Net change in cash | 6.98 | 1.66 | 2.96 | 33.75 | 0.29 | 2.53 |
| Closing cash | 56.36 | 53.25 | 44.96 | 42.00 | 8.25 | 7.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | -31.9% | +12.1% | +24.2% | -28.3% | +96.0% | - |
| EBITDA growth | +70.2% | +20.8% | +7.6% | -80.8% | +196.6% | - |
| PBT growth | +72.6% | +274.5% | -48.0% | -84.1% | +204.5% | +9997.0% |
| Net income growth | +100.7% | +272.9% | -63.8% | -79.5% | +201.3% | - |
| Revenue CAGR (3Y) | -1.8% | -0.1% | +20.4% | - | - | - |
| EBITDA CAGR (3Y) | +30.3% | -37.0% | -15.0% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +3.2% | +1.3% | +0.4% | +0.6% | +4.0% | +2.6% |
| Return on capital employed | - | +8.8% | +5.1% | +5.3% | +28.2% | +13.8% |
| Return on net worth | - | +6.6% | +1.7% | +3.3% | +60.3% | +28.5% |
| Debt / equity | - | 0.94 | 0.95 | 1.34 | 2.20 | 2.21 |
| Long-term debt / equity | - | 0.09 | 0.05 | 0.05 | 0.04 | 0.05 |
| Interest cover | 59.12 | 137.50 | 123.91 | 77.20 | 11.74 | 16.03 |
| Efficiency & per share | ||||||
| Fixed asset turnover | - | 42.90 | 73.84 | 66.24 | 112.01 | 71.00 |
| Inventory turnover | - | 36.47 | 26.23 | 24.63 | 46.33 | 26.49 |
| Debtors turnover | - | 5.13 | 5.17 | 3.45 | 5.68 | 4.59 |
| EPS (₹) | 0.92 | 2.51 | 0.74 | 1.83 | 12.33 | 40.73 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.20 | 0.50 | 1.00 | 0.00 |
| Book value per share (₹) | 0.00 | 45.83 | 40.03 | 39.91 | 26.63 | 143.01 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 89.75 | 73.58 | 73.49 | 98.21 | 110 | 126 | 95.34 |
| Revenue growth (YoY) | -18.8% | -41.6% | -22.9% | - | - | - | - |
| Other income | 6.13 | 3.72 | 2.45 | 2.28 | 2.59 | 1.35 | 1.03 |
| Total expenses | 99.20 | 75.02 | 71.31 | 92.55 | 105 | 121 | 93.54 |
| EBITDA | (9.45) | (1.44) | 2.18 | 5.66 | 5.30 | 4.82 | 1.80 |
| EBITDA margin | -10.5% | -2.0% | +3.0% | +5.8% | +4.8% | +3.8% | +1.9% |
| Depreciation | 0.26 | 0.29 | 0.34 | 0.36 | 0.34 | 0.36 | 0.36 |
| Interest | 1.52 | 1.66 | 1.46 | 1.89 | 2.01 | 2.51 | 2.20 |
| Profit before tax | (5.10) | 0.33 | 2.83 | 5.69 | 5.54 | 3.30 | 0.27 |
| Tax | (0.84) | 0.24 | 0.63 | 1.29 | 1.24 | 0.93 | 0.03 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 356 | 480 | 468 | 364 | 526 | 268 | 217 |
| Revenue growth | -25.9% | +2.6% | +28.6% | -30.8% | +96.0% | +23.9% | - |
| Other income | 10.70 | 8.80 | 3.71 | 3.11 | 1.07 | 0.55 | 0.61 |
| Total expenses | 344 | 472 | 462 | 354 | 495 | 258 | 210 |
| Employee cost | 0.00 | 1.87 | 1.94 | 1.71 | 3.86 | 1.13 | 1.26 |
| EBITDA | 12.01 | 8.47 | 6.43 | 10.13 | 30.99 | 10.45 | 6.39 |
| EBITDA margin | +3.4% | +1.8% | +1.4% | +2.8% | +5.9% | +3.9% | +3.0% |
| Depreciation | 1.32 | 1.18 | 0.47 | 0.61 | 0.50 | 0.16 | 0.16 |
| Interest | 7.00 | 9.02 | 7.36 | 4.13 | 3.58 | 1.65 | 2.52 |
| Profit before tax | 14.39 | 7.07 | 2.31 | 8.50 | 27.98 | 9.19 | 4.32 |
| Tax | 3.38 | 1.78 | 0.56 | 2.14 | 6.92 | 2.21 | 1.17 |
| Net profit | 11.01 | 4.99 | 1.55 | 6.34 | 20.85 | 6.92 | 3.28 |
| Net profit margin | +3.1% | +1.0% | +0.3% | +1.7% | +4.0% | +2.6% | +1.5% |
| EPS (₹) | 0.88 | 2.18 | 0.74 | 2.71 | 12.33 | 40.73 | 18.42 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 25.03 | 24.30 | 23.48 | 23.48 | 17.08 | 1.71 | 1.71 |
| Reserves & surplus | 108 | 86.23 | 72.58 | 72.31 | 28.41 | 22.72 | 15.58 |
| Shareholders' funds (net worth) | 137 | 113 | 96.06 | 95.79 | 45.49 | 24.43 | 17.29 |
| Secured loans | 82.74 | 90.04 | 87.31 | 81.97 | 99.37 | 52.92 | 28.40 |
| Unsecured loans | 0.04 | 12.36 | 1.35 | 0.67 | 0.51 | 1.07 | 0.59 |
| Total debt | 82.78 | 102 | 88.66 | 82.64 | 99.88 | 53.99 | 28.99 |
| Total liabilities | 220 | 216 | 185 | 179 | 146 | 78.42 | 46.28 |
| Assets | |||||||
| Gross block | 14.43 | 13.62 | 6.90 | 5.76 | 5.61 | 3.78 | 3.56 |
| Net block | 11.93 | 12.44 | 3.17 | 2.50 | 2.95 | 1.63 | 1.57 |
| Capital work in progress | 0.00 | 0.00 | 8.32 | 6.97 | 0.00 | 0.00 | 0.00 |
| Investments | 29.33 | 2.51 | 1.17 | 2.00 | 1.81 | 1.70 | 1.50 |
| Inventories | 7.48 | 11.13 | 15.67 | 16.16 | 12.57 | 10.13 | 2.79 |
| Sundry debtors | 83.19 | 113 | 88.98 | 92.16 | 127 | 58.50 | 37.58 |
| Cash & bank balances | 56.24 | 53.24 | 44.91 | 41.98 | 8.24 | 7.96 | 5.42 |
| Loans & advances | 51.81 | 37.09 | 29.54 | 33.62 | 21.90 | 10.32 | 6.14 |
| Total current assets | 199 | 214 | 179 | 184 | 170 | 86.91 | 51.93 |
| Total current liabilities | 30.39 | 21.29 | 12.76 | 23.25 | 31.15 | 13.64 | 9.97 |
| Net working capital | 168 | 193 | 166 | 161 | 138 | 73.27 | 41.96 |
| Total assets | 220 | 216 | 185 | 179 | 146 | 78.42 | 46.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3.08 | 1.37 | 41.98 | 8.24 | 7.96 | 5.42 | 10.02 |
| Net cash from operating activities | 35.42 | (10.45) | 0.12 | 18.38 | (43.96) | (22.14) | (2.50) |
| Net cash from investing activities | (14.62) | (6.16) | (1.66) | (7.32) | (1.94) | (0.14) | (0.17) |
| Net cash from financing activities | (13.83) | 18.31 | 4.47 | 22.68 | 46.18 | 24.82 | (1.93) |
| Net change in cash | 6.97 | 1.70 | 2.93 | 33.74 | 0.28 | 2.53 | (4.59) |
| Closing cash | 56.24 | 53.24 | 44.91 | 41.98 | 8.24 | 7.96 | 5.42 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -25.9% | +2.6% | +28.6% | -30.8% | +96.0% | +23.9% | - |
| EBITDA growth | +41.8% | +31.7% | -36.5% | -67.3% | +196.6% | +63.5% | - |
| PBT growth | +103.5% | +206.1% | -72.8% | -69.6% | +204.5% | +112.7% | +166.7% |
| Net income growth | +120.6% | +221.9% | -75.6% | -69.6% | +201.3% | +111.0% | - |
| Revenue CAGR (3Y) | -0.8% | -3.0% | +20.4% | +18.9% | +43.0% | - | - |
| EBITDA CAGR (3Y) | +5.8% | -35.1% | -15.0% | +16.6% | +92.0% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +3.1% | +1.1% | +0.4% | +1.8% | +4.0% | +2.6% | +1.5% |
| Return on capital employed | - | +8.0% | +5.2% | +7.8% | +28.2% | +17.4% | +13.9% |
| Return on net worth | - | +5.0% | +1.6% | +9.0% | +60.2% | +33.4% | +20.0% |
| Debt / equity | - | 0.91 | 0.89 | 1.29 | 2.20 | 1.99 | 2.12 |
| Long-term debt / equity | - | 0.07 | 0.02 | 0.02 | 0.04 | 0.04 | 0.06 |
| Interest cover | 65.48 | 123.73 | 123.49 | 43.38 | 11.74 | 16.03 | 40.45 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 39.26 | 73.95 | 64.05 | 112.01 | 73.13 | 60.27 |
| Inventory turnover | - | 35.83 | 29.41 | 25.35 | 46.33 | 41.55 | 71.63 |
| Debtors turnover | - | 4.69 | 5.17 | 3.33 | 5.68 | 5.59 | 6.05 |
| EPS (₹) | 0.88 | 2.18 | 0.74 | 2.71 | 12.33 | 40.73 | 18.42 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.20 | 0.50 | 1.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 46.36 | 40.91 | 40.80 | 26.63 | 143.01 | 101.20 |
Web traffic of Le Marite
The website of Le Marite (lemeriteexports.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 24.9% vs previous month
Websites whose visitors overlap most with Le Marite. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
rawcottonexports.com | rawcottonexports.com | 100% | – | ||
| vishalfabricsltd.com | 96% | View details | |||
| karnikaindustries.com | 88% | 2.1K | #6,867,141 | View details |
Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Le Marite (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Frequently Asked Questions about Le Marite
Le Marite was founded in 2003.
Le Marite is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Le Marite has 18 employees.
The primary company behind Le Marite, Le Merite Exports Limited, reported revenue of ₹368 Cr for FY 2026, down 32% year on year.
Le Marite was founded in 2003 and is based in Mumbai, India. Operations focus on the textile sector, where yarn, grey fabrics, and apparel fabrics are produced. The company is managed by Director Abhishek Lath. Exports are handled through the domain lemeriteexports.com, supporting distribution in the apparel manufacturing industry. Core activities remain centered on fabric and yarn production for domestic and international markets.
Le Marite offers Yarn and Greige Fabrics.
Yes, Le Marite is publicly traded on NSE under the ticker symbol LEMERITE.
Le Marite operates through Le Merite Exports Limited.
The legal entities of Le Marite currently have 7 directors, including Umashankar Lath, Jaydeep Purujit Mehta, Narendra Kumar Srivastava and others.