About Le Merite Exports Limited
Data last updated: 31 December 2025
Le Merite Exports Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 24 December 2003, the company has been in operation for over 23 years.
Registered with ROC Mumbai under CIN L17111MH2003PLC143645. Listed.
Capital: an authorised share capital of ₹35 Cr and a paid-up capital of ₹25.03 Cr. Formerly known as Le Merite Exports Private Limited and Didwaniya Yarn Exports Private Limited. It is led by directors including Umashankar Lath and Jaydeep Purujit Mehta.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹525.86 Cr, a growth of 11% compared to the previous year.
The company has a workforce of approximately 18 employees as per the latest available data. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand - Le Marite. As per MCA filings, the company has open charges of ₹117.54 Cr and satisfied charges of ₹113.76 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lemeriteexports.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressA – 307 Boomerang, Chandivali Farm Road Powai Andheri (East), Mumbai, Maharashtra, India – 400072
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Le Merite Exports Limited
Le Merite Exports Limited has undergone 2 name changes throughout its history. The company was previously known as Le Merite Exports Private Limited, and Didwaniya Yarn Exports Private Limited. The current legal name is Le Merite Exports Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Le Merite Exports Limited | Current |
| Le Merite Exports Private Limited | Previous |
| Didwaniya Yarn Exports Private Limited | Previous |
CIN History of Le Merite Exports Limited
Le Merite Exports Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17111MH2003PLC143645, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17111MH2003PLC143645 | Current |
| U17111MH2003PLC143645 | Previous |
| U17111MH2003PTC143645 | Previous |
Associated Brands with Le Merite Exports Limited
Le Merite Exports Limited operates one associated brand: Le Marite. These brands represent Le Merite Exports Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Yarn, grey fabrics, and apparel fabrics are manufactured. | lemeriteexports.com |
Business Activity of Le Merite Exports Limited
Le Merite Exports Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | ********* |
Auditor Details of Le Merite Exports Limited
Le Merite Exports Limited is audited by Nagori Nuwal and Company (ICAI peer reviewed, certificate valid till 2027-09-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Nagori Nuwal and Company (ICAI peer reviewed, certificate valid till 2027-09-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Le Merite Exports Limited
Le Merite Exports Limited is currently managed by 7 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umashankar Lath | Managing Director | 18 Nov 2021 | 4 Years 7 Months | Current |
| Jaydeep Purujit Mehta | Director | 25 Jan 2022 | 4 Years 5 Months | Current |
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Narendra Kumar Srivastava
Also directs:
Le Merite Exports Limited
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Director | 25 Jan 2022 | 4 Years 5 Months | Current |
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Rohit Agarwal
Also directs:
Le Merite Exports Limited
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Director | 25 Jan 2022 | 4 Years 5 Months | Current |
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Sweta Lath
Also directs:
Le Merite Exports Limited, Le Merite Fashions Private Limited
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Director | 18 Nov 2021 | 4 Years 7 Months | Current |
|
Abhishek Lath
Also directs:
Le Merite Exports Limited, Burhanpur Integrated Textile Park Limited, Le Merite Filament Private Limited and 4 more
|
Managing Director | 18 Nov 2021 | 4 Years 7 Months | Current |
Financials of Le Merite Exports Limited FY 2026 filings available
Le Merite Exports Limited reported revenue of ₹357.47 Cr (down 30.55% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Revenue from Operations | ₹357.47 Cr | ₹514.74 Cr |
| Other Income | ₹10.09 Cr | ₹11.11 Cr |
| Total Income | ₹367.56 Cr | ₹525.86 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹315.28 Cr | ₹471.9 Cr |
| Changes in Inventories | ₹3.65 Cr | ₹6.53 Cr |
| Employee Benefit Expense | ₹2.13 Cr | ₹2.46 Cr |
| Finance Costs | ₹7 Cr | ₹9.02 Cr |
| Depreciation & Amortisation | ₹1.33 Cr | - |
| Other Expenses | ₹23.24 Cr | ₹26.11 Cr |
| Total Expenses | ₹352.62 Cr | ₹517.21 Cr |
| Profit Before Exceptional Items & Tax | ₹14.94 Cr | - |
| Exceptional Items | ₹0 | - |
| Profit Before Tax | ₹14.94 Cr | ₹8.65 Cr |
| Total Tax Expense | ₹3.37 Cr | ₹1.78 Cr |
| Net Profit | ₹11.56 Cr | ₹6.1 Cr |
| attributable to Owners | ₹11.6 Cr | - |
| attributable to NCI | -₹3.62 Lakh | - |
| Other Comprehensive Income | ₹1.88 Lakh | - |
| Total Comprehensive Income | ₹11.58 Cr | - |
| EBITDA (computed) | ₹23.26 Cr | - |
| Basic EPS | ₹4.69 | - |
| Diluted EPS | ₹4.60 | - |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Total Assets | ₹258.71 Cr | ₹237.8 Cr |
| Non-current Assets | ₹28.34 Cr | ₹15.9 Cr |
| Current Assets | ₹230.37 Cr | ₹221.9 Cr |
| Property, Plant & Equipment | ₹9.01 Cr | ₹11.37 Cr |
| Inventories | ₹7.48 Cr | ₹11.13 Cr |
| Trade Receivables | ₹83.53 Cr | - |
| Cash & Equivalents | ₹10.06 Cr | ₹53.78 Cr |
| Equity (Net Worth) | ₹134.93 Cr | - |
| Equity Share Capital | ₹25.03 Cr | - |
| Borrowings (Non-current) | ₹6.48 Cr | - |
| Borrowings (Current) | ₹83.98 Cr | - |
| Total Debt (computed) | ₹90.46 Cr | - |
| Current Liabilities | ₹116.96 Cr | ₹112.13 Cr |
| Total Liabilities | ₹123.78 Cr | - |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Operating Cash Flow | ₹38.87 Cr | -₹12.28 Cr |
| Investing Cash Flow | -₹25.34 Cr | -₹3.47 Cr |
| Financing Cash Flow | -₹6.56 Cr | ₹24.57 Cr |
| Capital Expenditure | ₹0 | ₹2.13 Cr |
| Free Cash Flow (computed) | ₹38.87 Cr | -₹14.41 Cr |
| Dividends Paid | ₹0 | ₹46.96 Lakh |
| Net Change in Cash | ₹6.98 Cr | ₹8.82 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q4 FY25 |
|---|---|---|---|---|
| Revenue from Operations | ₹75.31 Cr | ₹73.49 Cr | ₹212.61 Cr | ₹217.86 Cr |
| Other Income | ₹3.1 Cr | ₹2.45 Cr | ₹2.26 Cr | ₹6.26 Cr |
| Total Income | ₹78.41 Cr | ₹75.93 Cr | ₹214.87 Cr | ₹224.11 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹66.8 Cr | ₹66.37 Cr | ₹185.99 Cr | ₹199.38 Cr |
| Changes in Inventories | ₹1.52 Cr | ₹52.46 Lakh | ₹1.61 Cr | -₹52.86 Lakh |
| Employee Benefit Expense | ₹74.06 Lakh | ₹62.66 Lakh | ₹80.15 Lakh | ₹1.03 Cr |
| Finance Costs | ₹1.64 Cr | ₹1.46 Cr | ₹3.9 Cr | ₹4.6 Cr |
| Depreciation & Amortisation | ₹29.23 Lakh | ₹34.15 Lakh | - | - |
| Other Expenses | ₹6.33 Cr | ₹3.94 Cr | ₹10.93 Cr | ₹14.49 Cr |
| Total Expenses | ₹77.33 Cr | ₹73.26 Cr | ₹203.93 Cr | ₹219.7 Cr |
| Profit Before Exceptional Items & Tax | ₹1.09 Cr | ₹2.68 Cr | - | - |
| Exceptional Items | ₹0 | ₹0 | - | - |
| Profit Before Tax | ₹1.09 Cr | ₹2.68 Cr | ₹10.94 Cr | ₹4.42 Cr |
| Total Tax Expense | ₹22.09 Lakh | ₹62.94 Lakh | ₹2.45 Cr | ₹72.38 Lakh |
| Net Profit | ₹86.45 Lakh | ₹2.05 Cr | ₹8.52 Cr | ₹3.13 Cr |
| attributable to Owners | ₹79.78 Lakh | ₹2.12 Cr | - | - |
| attributable to NCI | ₹6.67 Lakh | -₹7.37 Lakh | - | - |
| Other Comprehensive Income | ₹6.26 Lakh | -₹1.46 Lakh | - | - |
| Total Comprehensive Income | ₹92.71 Lakh | ₹2.03 Cr | - | - |
| EBITDA (computed) | ₹3.02 Cr | ₹4.47 Cr | - | - |
| Basic EPS | ₹0.35 | ₹0.82 | - | - |
| Diluted EPS | ₹0.34 | ₹0.80 | - | - |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Revenue from Operations | ₹355.92 Cr | ₹480.11 Cr |
| Other Income | ₹10.7 Cr | ₹8.8 Cr |
| Total Income | ₹366.62 Cr | ₹488.92 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹315.28 Cr | ₹438.89 Cr |
| Changes in Inventories | ₹3.65 Cr | ₹4.54 Cr |
| Employee Benefit Expense | ₹1.96 Cr | ₹2.31 Cr |
| Finance Costs | ₹7 Cr | ₹9.02 Cr |
| Depreciation & Amortisation | ₹1.32 Cr | - |
| Other Expenses | ₹23.03 Cr | ₹25.9 Cr |
| Total Expenses | ₹352.23 Cr | ₹481.83 Cr |
| Profit Before Exceptional Items & Tax | ₹14.39 Cr | - |
| Exceptional Items | ₹0 | - |
| Profit Before Tax | ₹14.39 Cr | ₹7.08 Cr |
| Total Tax Expense | ₹3.38 Cr | ₹1.78 Cr |
| Net Profit | ₹11.01 Cr | ₹5.3 Cr |
| Other Comprehensive Income | ₹1.88 Lakh | - |
| Total Comprehensive Income | ₹11.03 Cr | - |
| EBITDA (computed) | ₹22.71 Cr | - |
| Basic EPS | ₹4.47 | - |
| Diluted EPS | ₹4.47 | - |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Total Assets | ₹250.33 Cr | ₹239.68 Cr |
| Non-current Assets | ₹22.89 Cr | ₹20.13 Cr |
| Current Assets | ₹227.44 Cr | ₹219.55 Cr |
| Property, Plant & Equipment | ₹9 Cr | ₹11.37 Cr |
| Inventories | ₹7.48 Cr | ₹11.13 Cr |
| Trade Receivables | ₹83.19 Cr | - |
| Cash & Equivalents | ₹10.04 Cr | ₹53.77 Cr |
| Equity (Net Worth) | ₹136.82 Cr | - |
| Equity Share Capital | ₹25.03 Cr | - |
| Borrowings (Non-current) | ₹19.76 Lakh | - |
| Borrowings (Current) | ₹82.58 Cr | - |
| Total Debt (computed) | ₹82.78 Cr | - |
| Current Liabilities | ₹112.98 Cr | ₹111.55 Cr |
| Total Liabilities | ₹113.51 Cr | - |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Operating Cash Flow | ₹35.42 Cr | -₹15.02 Cr |
| Investing Cash Flow | -₹14.62 Cr | -₹3.47 Cr |
| Financing Cash Flow | -₹13.83 Cr | ₹27.35 Cr |
| Capital Expenditure | ₹0 | ₹2.13 Cr |
| Free Cash Flow (computed) | ₹35.42 Cr | -₹17.15 Cr |
| Dividends Paid | ₹0 | ₹46.96 Lakh |
| Net Change in Cash | ₹6.97 Cr | ₹8.86 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q4 FY25 |
|---|---|---|---|---|
| Revenue from Operations | ₹73.58 Cr | ₹73.49 Cr | ₹212.61 Cr | ₹217.67 Cr |
| Other Income | ₹3.72 Cr | ₹2.45 Cr | ₹2.26 Cr | ₹6.35 Cr |
| Total Income | ₹77.3 Cr | ₹75.93 Cr | ₹214.87 Cr | ₹224.01 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹66.79 Cr | ₹66.37 Cr | ₹185.99 Cr | ₹200.4 Cr |
| Changes in Inventories | ₹1.52 Cr | ₹52.46 Lakh | ₹1.61 Cr | -₹52.86 Lakh |
| Employee Benefit Expense | ₹63.88 Lakh | ₹55.46 Lakh | ₹80.15 Lakh | ₹1.03 Cr |
| Finance Costs | ₹1.66 Cr | ₹1.46 Cr | ₹3.9 Cr | ₹4.6 Cr |
| Depreciation & Amortisation | ₹28.81 Lakh | ₹34.15 Lakh | - | - |
| Other Expenses | ₹6.08 Cr | ₹3.86 Cr | ₹10.88 Cr | ₹14.42 Cr |
| Total Expenses | ₹76.97 Cr | ₹73.11 Cr | ₹203.87 Cr | ₹220.65 Cr |
| Profit Before Exceptional Items & Tax | ₹33.04 Lakh | ₹2.83 Cr | - | - |
| Exceptional Items | ₹0 | ₹0 | - | - |
| Profit Before Tax | ₹33.04 Lakh | ₹2.83 Cr | ₹11 Cr | ₹3.36 Cr |
| Total Tax Expense | ₹24.36 Lakh | ₹62.94 Lakh | ₹2.46 Cr | ₹82.38 Lakh |
| Net Profit | ₹8.68 Lakh | ₹2.2 Cr | ₹8.55 Cr | ₹2.54 Cr |
| Other Comprehensive Income | ₹6.26 Lakh | -₹1.46 Lakh | - | - |
| Total Comprehensive Income | ₹14.94 Lakh | ₹2.18 Cr | - | - |
| EBITDA (computed) | ₹2.28 Cr | ₹4.62 Cr | - | - |
| Basic EPS | ₹0.03 | ₹0.88 | - | - |
| Diluted EPS | ₹0.03 | ₹0.86 | - | - |
Shareholding Pattern of Le Merite Exports Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 59.65%, foreign institutional investors hold 0.22%, domestic institutional investors hold 0.16%, retail and other public shareholders hold 39.97% of Le Merite Exports Limited. The company had 1,700 shareholders on record.
| Mar 2026 | Dec 2025 | Oct 2025 | Sep 2025 | Mar 2025 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 59.65% | 59.65% | 59.87% | 61.53% | 62.59% | 73.06% |
| Public | 40.35% | 40.35% | 40.13% | 38.47% | 37.41% | 26.94% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | |
|---|---|---|---|---|
| Promoters | 59.65% | 62.59% | 72.96% | 72.74% |
| Public | 40.35% | 37.41% | 27.04% | 27.26% |
| Promoter change (YoY, %pts) | -2.94 | -10.37 | +0.22 | - |
Board & Governance of Le Merite Exports Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Le Merite Exports Limited has 6 directors - 3 independent and 3 executive. The board is chaired by UMASHANKAR LATH.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| UMASHANKAR LATH | Executive Director · MD · Chairperson | 2021-11-18 | 1 |
| ABHISHEK LATH | Executive Director · MD | 2021-11-18 | 1 |
| ROHIT AGARWAL | Non-Executive - Independent Director | 2022-01-25 | 1 |
| NARENDRA KUMAR SRIVASTAVA | Non-Executive - Independent Director | 2022-01-25 | 1 |
| JAYDEEP PURUJIT MEHTA | Non-Executive - Independent Director | 2022-01-25 | 1 |
| SWETA LATH | Executive Director | 2021-11-18 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | NARENDRA KUMAR SRIVASTAVA (Chairperson), JAYDEEP PURUJIT MEHTA, ABHISHEK LATH, ROHIT AGARWAL |
| Nomination and remuneration committee | JAYDEEP PURUJIT MEHTA (Chairperson), NARENDRA KUMAR SRIVASTAVA, ROHIT AGARWAL |
| Stakeholders Relationship Committee | JAYDEEP PURUJIT MEHTA (Chairperson), NARENDRA KUMAR SRIVASTAVA, ABHISHEK LATH, UMASHANKAR LATH |
| Corporate Social Responsibility Committee | ROHIT AGARWAL (Chairperson), ABHISHEK LATH, SWETA LATH |
Group Structure of Le Merite Exports Limited
Le Merite Exports Limited has 2 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Le Merite Exports Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Le Merite Filament Private Limited | U17299MH2021PTC369093 | - |
| Le Merite Laxmi Spinning Private Limited | U17299MH2021PTC373359 | - |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Le Merite Exports Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Dec 2024 | Bank of India | ₹30 Cr | Open |
| 29 Jul 2023 | Hdfc Bank Limited | ₹5 Cr | Open |
| 22 Apr 2022 | Hdfc Bank Limited | ₹15 Cr | Open |
| 21 Sep 2021 | Uco Bank | ₹15 Cr | Open |
| 12 Aug 2021 | Others | ₹24.5 Cr | Open |
Total charge records: 15 View all charges
Employees and EPFO Compliance at Le Merite Exports Limited
Le Merite Exports Limited has a workforce of 18 employees as of Apr 07, 2024.
Employee Count & EPFO Data of Le Merite Exports Limited
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GST Compliance of Le Merite Exports Limited
GSTIN & GST Filing Data of Le Merite Exports Limited
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Credit Ratings, Litigation & Regulatory Alerts for Le Merite Exports Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Le Merite Exports Limited
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MSME Payment Delays by Le Merite Exports Limited
MSME Payment Delays by Le Merite Exports Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Le Merite Exports Limited
Subsidiaries & Group Companies of Le Merite Exports Limited
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MCA Filings & Documents of Le Merite Exports Limited
MCA Filings & Documents of Le Merite Exports Limited
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Recent Activity on Le Merite Exports Limited
Frequently Asked Questions about Le Merite Exports Limited
Le Merite Exports Limited is an active public limited company in the manufacturing sector based in Mumbai, Maharashtra, India. It was incorporated on 24 December 2003 (23+ years old) and is registered under CIN L17111MH2003PLC143645. The company has 18 employees.
Le Merite Exports Limited reported revenue of ₹525.86 Cr for FY 2025 (up 11.00% YoY).
The current directors of Le Merite Exports Limited are:
The primary industry of Le Merite Exports Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.
Yes, Le Merite Exports Limited is a listed company.
Le Merite Exports Limited can be reached at the registered office: A – 307 Boomerang, Chandivali Farm Road Powai Andheri East, Mumbai, Maharashtra, India – 400072, or through the website lemeriteexports.com.