Le Merite Exports Limited Company Logo

Le Merite Exports Limited - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 2003.

2003 | Mumbai, Maharashtra, India | Active
Last Updated:

About Le Merite Exports Limited

Le Merite Exports Limited, a active public limited company, was established on 24 December 2003 in Mumbai, Maharashtra, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L17111MH2003PLC143645. Registered under ROC Roc Mumbai. it is listed. It has an authorized capital of ₹35.00 Cr and a paid-up capital of ₹25.03 Cr.

Formerly known as Le Merite Exports Private Limited, Didwaniya Yarn Exports Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹367.24 Cr and a net worth of ₹95.79 Cr. Employing 18 professional, Its leadership includes Umashankar Lath (Managing Director), Abhisek Lath (Cfo), Jaydeep Purujit Mehta (Director). Past directors included Punit Kumar Lath, Sarita Mishra, Sandeep Poddar. It holds ₹117.54 Cr open charges and ₹113.76 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at A-307, Boomerang, Chandivali Farm Road, Powai, Andheri (East), Mumbai, Maharashtra, 400072.

Company Details

  • CIN/LLPIN

    L17111MH2003PLC143645

  • Registration Number

    143645

  • Incorporation Date

    24 December 2003

  • Authorized Capital

    ₹35.00 Cr

  • Paid-Up Capital

    ₹25.03 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 25.03 Cr
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 117.54 Cr
  • Satisfied Charges ₹ 113.76 Cr
  • Revenue Growth -30.31%
  • Profit Growth -69.82%
  • Ebitda -67.02%
  • Net Worth 110.59%
  • Total Assets 14.26%
Company report

Le Merite Exports Limited

Company Report FY 2025-2026

Explore comprehensive insights into Le Merite Exports Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Le Merite Exports Limited?

Current Directors

NameDesignationAppointment DateStatus
Umashankar LathManaging Director18 Nov 2021Current
Abhisek LathCfo01 Nov 2021Current
Jaydeep Purujit MehtaDirector25 Jan 2022Current
Sweta LathDirector18 Nov 2021Current
Narendra Kumar SrivastavaDirector25 Jan 2022Current
Rohit AgarwalDirector25 Jan 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector31 Jul 2018Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCfo-Past

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Financial Performance of Le Merite Exports.

Le Merite Exports Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.31% decrease. The company also saw a substantial fall in profitability, with a 69.82% decrease in profit. The company's net worth Soared by an impressive increase of 110.59%.

Le Merite Exports revenue growth over time
Le Merite Exports profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-30.31%
Revenue from Operations
-30.76%
Total Assets
14.26%
Profit or Loss
-69.82%
Net Worth
110.59%
EBITDA
-67.02%

What is the Ownership and Shareholding Structure of Le Merite Exports?

In 2023, Le Merite Exports had a promoter holding of 72.74% and a public holding of 27.26%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹1,175,391,000.00

Satisfied Charges

₹1,137,600,000.00

Charges Breakdown by Lending Institutions

  • Others : 51.82 Cr
  • Bank Of India : 30.00 Cr
  • Hdfc Bank Limited : 20.72 Cr
  • Uco Bank : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
07 Dec 2024Bank Of India₹30.00 CrOpen
29 Jul 2023Hdfc Bank Limited₹5.00 CrOpen
22 Apr 2022Hdfc Bank Limited₹15.00 CrOpen
21 Sep 2021Uco Bank₹15.00 CrOpen
12 Aug 2021Others₹5.00 MOpen

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How Many Employees Work at Le Merite Exports?

Le Merite Exports has a workforce of 18 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Le Merite Exports Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Le Merite Exports, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Le Merite Exports's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Le Merite Exports

Recent Activity within the Organization

  • Director Appointment

    Progress on Arpit Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 08 Aug 2025 & has been associated with this company since 3 months 24 days . was documented.

  • Charges

    A charge with Bank Of India amounted to Rs. 30.00 Cr with Charge ID 101023320 was registered on 07 Dec 2024. was recorded as a recent event.

  • Annual General Meeting

    The activity Le Merite Exports Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    A charge with Others of Rs. 24.50 Cr registered on 12 Aug 2021 with Charge ID 100469000 was modified on 04 Sep 2024. was recorded as a recent event.

  • Balance Sheet

    The activity Le Merite Exports Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100776978 was registered on 29 Jul 2023. was documented.

Frequently Asked Questions

  • What is the CIN of Le Merite Exports Limited?

    The CIN of Le Merite Exports Limited is L17111MH2003PLC143645.

  • Where is Le Merite Exports Limited headquartered?

    Le Merite Exports Limited is headquartered at A-307, Boomerang, Chandivali Farm Road, Powai, Andheri (East), Mumbai, Maharashtra, 400072.

  • When was Le Merite Exports Limited incorporated?

    Le Merite Exports Limited was incorporated on 24 December 2003.

  • Who are the current directors of Le Merite Exports Limited?

    The current directors of Le Merite Exports Limited are

  • What is the primary industry of Le Merite Exports Limited?

    The primary industry of Le Merite Exports Limited is Manufacturing.

  • Is Le Merite Exports Limited a listed company?

    Le Merite Exports Limited is listed.

  • What is the capital structure of Le Merite Exports Limited?

    The authorized capital of Le Merite Exports Limited is ₹35.00 Cr, and the paid-up capital is ₹25.03 Cr.

  • What is the compliance status of Le Merite Exports Limited?

    The compliance status of Le Merite Exports Limited is Compliant.

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