Le Merite Exports Limited

NSE: LEMERITE
Le Merite Exports Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L17111MH2003PLC143645 Incorporated 24 December 2003 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: LEMERITE Public Limited Company manufacturing
Data last updated
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
Authorised capital
₹35 Cr
Registered with MCA
Paid-up capital
₹25.03 Cr
Issued & subscribed

About Le Merite Exports Limited

Data last updated:

Le Merite Exports Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 December 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L17111MH2003PLC143645. Its GSTIN is 27AABCD9133H1ZO (Maharashtra). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on NSE: LEMERITE.

The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹25.03 Cr. It was formerly known as Le Merite Exports Private Limited and Didwaniya Yarn Exports Private Limited. It is led by directors including Umashankar Lath (Managing Director) and Abhishek Lath (Managing Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹357.47 Cr, a decline of 31.9% compared to the previous year. For the same year it recorded a net profit of ₹11.6 Cr (net margin 3.2%) and EBITDA of ₹13.17 Cr (EBITDA margin 3.7%). The net worth stands at ₹136.13 Cr (up 21.8% YoY). Total assets are valued at ₹225.73 Cr (up 5.6% YoY).

The company has about 18 employees on its provident fund (EPFO) records. 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 ₹102.9 Cr and satisfied charges of ₹141.3 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 3 cases are pending. The company has 21 deals on record (15 market trades, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹23.5 Cr; the latest was in January 2025. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 4 smaller; the largest is Sapl Industries Private Limited with revenue of ₹527.63 Cr.

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.

Company details

CIN L17111MH2003PLC143645
Registration Number 143645
Incorporation Date 24 December 2003
ROC Mumbai
Listing Status Listed - Listed on NSE (LEMERITE)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Le Merite Exports 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.

Company NameStatus
Le Merite Exports LimitedCurrent
Le Merite Exports Private LimitedPrevious
Didwaniya Yarn Exports Private LimitedPrevious

CIN history

Le Merite Exports 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.

CINStatus
L17111MH2003PLC143645Current
U17111MH2003PLC143645Previous
U17111MH2003PTC143645Previous
Key People
Umashankar Lath Managing Director Abhishek Lath Managing Director Jaydeep Purujit Mehta Director

Contact details

Le Merite Exports Limited's registered office is in Mumbai, Maharashtra. Its website is lemeriteexports.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    lemeriteexports.com
  • Registered Address
    A – 307 Boomerang, Chandivali Farm Road Powai Andheri (East), Mumbai, Maharashtra, India – 400072
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Le Merite Exports Limited, buy the company report.

Comprehensive company report
Le Merite Exports Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Le Merite Exports operates one associated brand: Le Marite. Each brand links to its own profile.

BrandDescriptionWebsite
Le Marite
Yarn, grey fabrics, and apparel fabrics are manufactured.lemeriteexports.com

Business activity

The main business activity of Le Merite Exports is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Le Merite Exports Limited, buy the company report.

Financials of Le Merite Exports Limited

FY 2025-26 filings available

Le Merite Exports Limited reported revenue of ₹357.47 Cr (down 31.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹357 Cr
-31.9% YoY
EBITDA
₹13.17 Cr
+70.2% YoY
Profit After Tax
₹11.60 Cr
+100.7% YoY
Net Worth
₹136 Cr
+21.8% YoY
Total Assets
₹226 Cr
+5.6% YoY
Total Debt
₹90.47 Cr
-12.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue357525468377526268
Revenue growth-31.9%+12.1%+24.2%-28.3%+96.0%-
EBITDA13.177.746.415.9630.9910.45
EBITDA margin+3.7%+1.5%+1.4%+1.6%+5.9%+3.9%
Profit before tax14.938.652.314.4427.989.19
Net profit11.605.781.554.2820.856.92
Net profit margin+3.3%+1.1%+0.3%+1.1%+4.0%+2.6%
EPS (₹)0.922.510.741.8312.3340.73
Balance sheet
Total assets22621418417814678.42
Net worth13611293.9993.7245.4824.43
Total debt90.4710392.1186.0999.8853.99
Cash & bank56.3653.2544.9642.008.257.96
Net working capital16919516815913873.27
Cash flow
Cash from operations38.87(7.17)0.1711.08(43.96)(22.14)
Cash from investing(25.34)(6.15)(1.66)(7.32)(1.94)(0.14)
Cash from financing(6.56)14.994.4529.9946.1924.82
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue89.7575.3173.4998.2111012695.51
Revenue growth (YoY)-18.8%-40.3%-23.1%----
Other income5.953.102.452.282.591.551.04
EBITDA(9.58)(0.08)2.035.605.294.611.80
EBITDA margin-10.7%-0.1%+2.8%+5.7%+4.8%+3.7%+1.9%
Depreciation0.260.290.340.360.340.360.36
Interest1.531.641.461.892.012.512.20
Profit before tax(5.42)1.092.685.635.533.290.28
Tax(0.84)0.220.631.291.240.930.03
Net profit(4.58)0.872.054.344.292.360.25
EPS (₹)(0.35)0.070.801.740.340.940.10
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue356480468364526268217
Revenue growth-25.9%+2.6%+28.6%-30.8%+96.0%+23.9%-
EBITDA12.018.476.4310.1330.9910.456.39
EBITDA margin+3.4%+1.8%+1.4%+2.8%+5.9%+3.9%+3.0%
Profit before tax14.397.072.318.5027.989.194.32
Net profit11.014.991.556.3420.856.923.28
Net profit margin+3.1%+1.0%+0.3%+1.7%+4.0%+2.6%+1.5%
EPS (₹)0.882.180.742.7112.3340.7318.42
Balance sheet
Total assets22021618517914678.4246.28
Net worth13711396.0695.7945.4924.4317.29
Total debt82.7810288.6682.6499.8853.9928.99
Cash & bank56.2453.2444.9141.988.247.965.42
Net working capital16819316616113873.2741.96
Cash flow
Cash from operations35.42(10.45)0.1218.38(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)18.314.4722.6846.1824.82(1.93)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue89.7573.5873.4998.2111012695.34
Revenue growth (YoY)-18.8%-41.6%-22.9%----
Other income6.133.722.452.282.591.351.03
Total expenses99.2075.0271.3192.5510512193.54
EBITDA(9.45)(1.44)2.185.665.304.821.80
EBITDA margin-10.5%-2.0%+3.0%+5.8%+4.8%+3.8%+1.9%
Depreciation0.260.290.340.360.340.360.36
Interest1.521.661.461.892.012.512.20
Profit before tax(5.10)0.332.835.695.543.300.27
Tax(0.84)0.240.631.291.240.930.03

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue89.7575.3173.4998.2111012695.51
Revenue growth (YoY)-18.8%-40.3%-23.1%----
Other income5.953.102.452.282.591.551.04
EBITDA(9.58)(0.08)2.035.605.294.611.80
EBITDA margin-10.7%-0.1%+2.8%+5.7%+4.8%+3.7%+1.9%
Depreciation0.260.290.340.360.340.360.36
Interest1.531.641.461.892.012.512.20
Profit before tax(5.42)1.092.685.635.533.290.28
Tax(0.84)0.220.631.291.240.930.03
Net profit(4.58)0.872.054.344.292.360.25
EPS (₹)(0.35)0.070.801.740.340.940.10
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue357525468377526268
Revenue growth-31.9%+12.1%+24.2%-28.3%+96.0%-
Other income10.0911.113.733.221.070.55
Total expenses344517462371495258
Employee cost0.002.031.945.693.861.13
EBITDA13.177.746.415.9630.9910.45
EBITDA margin+3.7%+1.5%+1.4%+1.6%+5.9%+3.9%
Depreciation1.331.180.470.610.500.16
Interest7.009.027.364.133.581.65
Profit before tax14.938.652.314.4427.989.19
Tax3.371.780.562.146.922.21
Net profit11.605.781.554.2820.856.92
Net profit margin+3.3%+1.1%+0.3%+1.1%+4.0%+2.6%
EPS (₹)0.922.510.741.8312.3340.73
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital25.0324.3023.4823.4817.081.71
Reserves & surplus10784.9670.5170.2428.4022.72
Shareholders' funds (net worth)13611293.9993.7245.4824.43
Minority interest(1.20)(1.19)(1.96)(1.96)0.030.00
Secured loans82.7490.5187.3181.9799.3752.92
Unsecured loans7.7312.364.804.120.511.07
Total debt90.4710392.1186.0999.8853.99
Total liabilities22621418417814678.42
Assets
Gross block15.8813.626.915.775.613.78
Net block13.3712.443.182.512.951.63
Capital work in progress9.220.008.326.970.000.00
Investments29.222.481.141.971.781.70
Inventories7.4811.1317.6618.0412.5710.13
Sundry debtors83.5311388.9791.9712758.50
Cash & bank balances56.3653.2544.9642.008.257.96
Loans & advances54.2839.3530.5531.1021.9210.32
Total current assets20221718218317086.91
Total current liabilities32.9721.4013.8323.9931.1413.64
Net working capital16919516815913873.27
Total assets22621418417814678.42
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash3.091.4242.008.257.965.42
Net cash from operating activities38.87(7.17)0.1711.08(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)14.994.4529.9946.1924.82
Net change in cash6.981.662.9633.750.292.53
Closing cash56.3653.2544.9642.008.257.96
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-0.940.951.342.202.21
Long-term debt / equity-0.090.050.050.040.05
Interest cover59.12137.50123.9177.2011.7416.03
Efficiency & per share
Fixed asset turnover-42.9073.8466.24112.0171.00
Inventory turnover-36.4726.2324.6346.3326.49
Debtors turnover-5.135.173.455.684.59
EPS (₹)0.922.510.741.8312.3340.73
Dividend per share (₹)0.000.000.200.501.000.00
Book value per share (₹)0.0045.8340.0339.9126.63143.01
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue89.7573.5873.4998.2111012695.34
Revenue growth (YoY)-18.8%-41.6%-22.9%----
Other income6.133.722.452.282.591.351.03
Total expenses99.2075.0271.3192.5510512193.54
EBITDA(9.45)(1.44)2.185.665.304.821.80
EBITDA margin-10.5%-2.0%+3.0%+5.8%+4.8%+3.8%+1.9%
Depreciation0.260.290.340.360.340.360.36
Interest1.521.661.461.892.012.512.20
Profit before tax(5.10)0.332.835.695.543.300.27
Tax(0.84)0.240.631.291.240.930.03
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue356480468364526268217
Revenue growth-25.9%+2.6%+28.6%-30.8%+96.0%+23.9%-
Other income10.708.803.713.111.070.550.61
Total expenses344472462354495258210
Employee cost0.001.871.941.713.861.131.26
EBITDA12.018.476.4310.1330.9910.456.39
EBITDA margin+3.4%+1.8%+1.4%+2.8%+5.9%+3.9%+3.0%
Depreciation1.321.180.470.610.500.160.16
Interest7.009.027.364.133.581.652.52
Profit before tax14.397.072.318.5027.989.194.32
Tax3.381.780.562.146.922.211.17
Net profit11.014.991.556.3420.856.923.28
Net profit margin+3.1%+1.0%+0.3%+1.7%+4.0%+2.6%+1.5%
EPS (₹)0.882.180.742.7112.3340.7318.42
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital25.0324.3023.4823.4817.081.711.71
Reserves & surplus10886.2372.5872.3128.4122.7215.58
Shareholders' funds (net worth)13711396.0695.7945.4924.4317.29
Secured loans82.7490.0487.3181.9799.3752.9228.40
Unsecured loans0.0412.361.350.670.511.070.59
Total debt82.7810288.6682.6499.8853.9928.99
Total liabilities22021618517914678.4246.28
Assets
Gross block14.4313.626.905.765.613.783.56
Net block11.9312.443.172.502.951.631.57
Capital work in progress0.000.008.326.970.000.000.00
Investments29.332.511.172.001.811.701.50
Inventories7.4811.1315.6716.1612.5710.132.79
Sundry debtors83.1911388.9892.1612758.5037.58
Cash & bank balances56.2453.2444.9141.988.247.965.42
Loans & advances51.8137.0929.5433.6221.9010.326.14
Total current assets19921417918417086.9151.93
Total current liabilities30.3921.2912.7623.2531.1513.649.97
Net working capital16819316616113873.2741.96
Total assets22021618517914678.4246.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.081.3741.988.247.965.4210.02
Net cash from operating activities35.42(10.45)0.1218.38(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)18.314.4722.6846.1824.82(1.93)
Net change in cash6.971.702.9333.740.282.53(4.59)
Closing cash56.2453.2444.9141.988.247.965.42
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-0.910.891.292.201.992.12
Long-term debt / equity-0.070.020.020.040.040.06
Interest cover65.48123.73123.4943.3811.7416.0340.45
Efficiency & per share
Fixed asset turnover-39.2673.9564.05112.0173.1360.27
Inventory turnover-35.8329.4125.3546.3341.5571.63
Debtors turnover-4.695.173.335.685.596.05
EPS (₹)0.882.180.742.7112.3340.7318.42
Dividend per share (₹)0.000.000.200.501.000.000.00
Book value per share (₹)0.0046.3640.9140.8026.63143.01101.20

To see the full year-wise statements and ratios of Le Merite Exports Limited, buy the company report.

Board of directors of Le Merite Exports Limited

Le Merite Exports has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Umashankar Lath
Also directs: Burhanpur Integrated Textile Park Limited, Le Merite Laxmi Spinning Private Limited
Managing Director18 Nov 20214 Years 11 MonthsCurrent
Jaydeep Purujit Mehta
Also directs: Lexstreet Advisors LLP, Ypsomed India Private Limited
Director25 Jan 20224 Years 9 MonthsCurrent
Narendra Kumar SrivastavaDirector25 Jan 20224 Years 9 MonthsCurrent
Abhishek Lath
Also directs: Burhanpur Integrated Textile Park Limited, Le Merite Filament Private Limited, Le Merite Laxmi Spinning Private Limited and 4 more
Managing Director18 Nov 20214 Years 11 MonthsCurrent
Sweta Lath
Also directs: Le Merite Fashions Private Limited
Director18 Nov 20214 Years 11 MonthsCurrent
Kusum Naruka
Also directs: A G Universal Limited, Goyal Proteins Limited, Riseorbit Foundation
Additional Director14 Aug 20260 Years 2 MonthsCurrent
View all directors

Peer comparison

Le Merite Exports Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sapl Industries Private Limited₹527.63 Cr (FY 2025)80.0%Mumbai, Maharashtra, India
Avaneetha Textiles Private Limited₹526.62 Cr (FY 2025)-2.0%Coimbatore, Tamil Nadu, India
Deepak Spinners Limited₹526.36 Cr (FY 2025)11.0%Himachal Pradesh, India
Globe Enterprises (India) Limited₹525.53 Cr (FY 2025)22.0%Ahmedabad, Gujarat, India
GRG Cotspin Limited₹524.97 Cr (FY 2025)-9.0%Delhi, India
Rajaguru Spinning Mills Private Limited₹513.05 Cr (FY 2025)-20.0%Erode, Tamil Nadu, India
Geelon Industries Private Limited₹511.13 Cr (FY 2025)9.0%Surat, Gujarat, India
Le Merite Exports Limitedthis company₹357.47 Cr (FY 2026)₹11.6 Cr3.2%-31.9%18Mumbai, Maharashtra, India

To see the full peer comparison of Le Merite Exports Limited, buy the company report.

Auditor

Le Merite Exports Limited is audited by NAGORI NUWAL & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NAGORI NUWAL & CO.FY 2023008185C

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 59.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 40.40%.

Promoters: 59.60%Retail & Others: 40.40%
Sep 2026
QUARTER
59.60% Promoters
40.40% Retail & Others
Promoter holding - history
Now 59.60% · Sep 2026High 61.50% · Dec 2025Low 59.60% · Mar 2026
58%59.3%60.5%61.8%63%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 61.50%Mar 2026: 59.60%Jun 2026: 59.60%Sep 2026: 59.60%61.50%59.60%59.60%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters59.60%59.60%59.60%61.50%
Public40.40%40.40%40.40%38.50%

Charges & borrowings

Open charges
₹102.9 Cr
Satisfied charges
₹141.3 Cr
Breakdown by lending institutions
Bank of India₹35.99 Cr
Others₹28.96 Cr
Hdfc Bank Limited₹20.00 Cr
Uco Bank₹17.95 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Jul 2026101360530Uco Bank₹2.95 CrOpen
21 Jul 2026101379703Others₹3.96 CrOpen
29 May 2026101313233Bank of India₹5.99 CrOpen
07 Dec 2024101023320Bank of India₹30 CrOpen
29 Jul 2023100776978Hdfc Bank Limited₹5 CrOpen

To see the full charge records of Le Merite Exports Limited, buy the company report.

Total charge records: 18 View all charges

Deals & funding

Le Merite Exports Limited has 21 deals on record (15 market trades, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹23.5 Cr; the latest was in January 2025.

Total deals
21
Market trades
15
Funding rounds
2
Secondary share transfers
2
IPO
1
Disclosed funding
₹23.5 Cr

Deals on record (5 of 21)

WhenDealAmountParties
Sep 2022Market trade₹1.01 CrSeller: Rikhav Securities Limited
Sep 2022Market trade₹1.8 CrBuyer: Rikhav Securities Limited
Seller: Rikhav Securities Limited , an individual
May 2022Market trade₹1.59 CrBuyer: Investino Venture LLP
May 2022Market trade₹3.38 CrBuyer: Viranchi Trading LLP
Seller: an individual
May 2022IPO₹48 CrInvestors: Ipo Shareholders - Le Merite Exports Limited, Rikhav Securities Limited , 2 individuals

To see the full deal history of Le Merite Exports Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Le Merite Exports Limited was last rated by Crisil on 22 Jun 2021.

Rating agencyRated onRating
Crisil22 Jun 2021

To see the full credit ratings and regulatory alerts of Le Merite Exports Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Le Merite Exports Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Le Merite Exports has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Le Merite Filament Private LimitedU17299MH2021PTC369093
Le Merite Laxmi Spinning Private LimitedU17299MH2021PTC373359

To see the full group structure of Le Merite Exports Limited, buy the company report.

Employees & EPFO

Le Merite Exports Limited has a workforce of 18 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
18
Active EPFO establishments
1

GST

Le Merite Exports has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AABCD9133H1ZOMaharashtraActive01 Jul 2017
24AABCD9133H1ZUGujaratActive27 Jul 2020

To see the full GST registrations and return filing status of Le Merite Exports Limited, buy the company report.

Recent activity

Le Merite Exports Limited has 7 board changes on record since 2018: 6 appointments and 1 cessation. The latest: Kusum Naruka was appointed as Additional Director on 14 Aug 2026.

Charges
A charge with Others of Rs. 3.96 Cr registered on 21 Jul 2026 with Charge ID 101379703 was modified on 05 Sep 2026.
Appointed
Kusum Naruka was appointed as Additional Director.
Charges
A charge with Uco Bank amounted to Rs. 2.95 Cr with Charge ID 101360530 was registered on 24 Jul 2026.
Charges
A charge with Others amounted to Rs. 3.96 Cr with Charge ID 101379703 was registered on 21 Jul 2026.
Charges
A charge registered on 01 Jul 2021 via Charge ID 100486241 with Hdfc Bank Limited was fully satisfied on 05 Jun 2026.
Charges
A charge with Bank Of India amounted to Rs. 5.99 Cr with Charge ID 101313233 was registered on 29 May 2026.
Charges
A charge registered on 24 Apr 2019 via Charge ID 100257841 with Others was fully satisfied on 25 May 2026.
Charges
A charge registered on 22 Apr 2019 via Charge ID 100278032 with Others was fully satisfied on 25 May 2026.
Filing
Le Merite Exports Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
AGM
Le Merite Exports Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Bank Of India amounted to Rs. 30.00 Cr with Charge ID 101023320 was registered on 07 Dec 2024.
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.

33 earlier events are in the company report.

News

Le Merite Exports schedules board meeting
02 Feb 2025 · India Infoline

Frequently asked questions

Le Merite Exports is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 December 2003 (23+ years old) and is registered under CIN L17111MH2003PLC143645. Listed on NSE: LEMERITE.

Le Merite Exports reported revenue of ₹357.47 Cr for FY 2025-26 (down 31.9% YoY) based on consolidated financials.

Le Merite Exports has 6 current directors:

The latest financial statements of Le Merite Exports on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Le Merite Exports is 27AABCD9133H1ZO, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCD9133H1ZU (Gujarat).

The CIN (Corporate Identification Number) of Le Merite Exports is L17111MH2003PLC143645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Le Merite Exports is a listed company as per MCA records. Its shares are listed on NSE (symbol: LEMERITE).

Le Merite Exports has 10 court cases on record: 8 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.

Le Merite Exports was incorporated on 24 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.

Le Merite Exports has 21 deals on record (15 market trades, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹23.5 Cr; the latest was in January 2025.

The peers of Le Merite Exports by revenue are Sapl Industries Private Limited, Avaneetha Textiles Private Limited, Deepak Spinners Limited, Globe Enterprises (India) Limited, GRG Cotspin Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).