Le Merite Exports Limited logo

Le Merite Exports Limited (LEMERITE)

Market Open
11 Aug, 10:00
XNSE XNSE
23. 64
+0.49
+2.1166%
4.3B Market Cap
- P/E Ratio
- Div Yield
321,768 Volume
- Eps
23.15
Previous Close
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Day Range
23.64 23.84
Year Range
19.52 107.57
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Summary

LEMERITE trading today higher at ₹23.64, an increase of 2.1166% from yesterday's close, completing a monthly increase of 4.6018% or ₹1.04. Over the past 12 months, LEMERITE stock lost -95.0079%.
LEMERITE is not paying dividends to its shareholders.
Le Merite Exports Limited has completed 1 stock splits, with the recent split occurring on May 29, 2026.
The company's stock is traded on one exchange.

LEMERITE Chart

Le Merite Exports Limited (LEMERITE) FAQ

What is the stock price today?

The current price is ₹23.64.

On which exchange is it traded?

Le Merite Exports Limited is listed on XNSE.

What is its stock symbol?

The ticker symbol is LEMERITE.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 4.3B.

Has Le Merite Exports Limited ever had a stock split?

Le Merite Exports Limited had 1 splits and the recent split was on May 29, 2026.

Le Merite Exports Limited Profile

- Industry
- Sector
- CEO
XNSE Exchange
Y5S33E102 CUSIP
India Country
25 Employees
- Last Dividend
29 May 2026 Last Split
- IPO Date

Overview

Le Merite Exports Limited is a prominent India-based company specializing in the manufacturing, purchase, and trading of textile products. Established in 2003 and headquartered in Mumbai, this vertically integrated company is primarily focused on cotton yarn and greige fabrics. Under the stewardship of Chairman and Managing Director Umashankar Lath, who possesses nearly fifty years of experience in yarn trading and manufacturing, Le Merite Exports has positioned itself as a respected brand in key yarn-importing nations such as Bangladesh, China, Turkey, and the USA, to name a few.

Having cultivated long-standing customer relationships and exclusive partnerships across various regions, Le Merite Exports exports to about 37 countries, boasting an impressive annual export revenue that exceeds INR 4,000 million. The company's operational workforce includes approximately 24 to 30 staff members at its Mumbai headquarters and over 300 employees at its manufacturing facilities. Le Merite Exports is committed to team development, strategic talent acquisition, innovative marketing, and an asset-light growth model to ensure high customer satisfaction and promote sustainable expansion within the global textile sector.

Products and Services

  • Cotton Yarns: Le Merite Exports produces a range of cotton yarns that cater to various textile applications. These yarns are known for their strength, durability, and versatility, making them suitable for everything from fashion fabrics to home textiles.
  • Cotton-Blended Yarns: The company also manufactures cotton-blended yarns, which combine the natural properties of cotton with synthetic fibers. This blend enhances the performance characteristics of the yarn, such as resilience and elasticity, appealing to a wider market.
  • Synthetic Yarns: In addition to natural fibers, Le Merite Exports offers synthetic yarns designed for specific uses in the textile industry. These yarns provide unique features like moisture-wicking and quick-drying capabilities, further broadening their applications.
  • Greige Fabrics: The company specializes in the production of greige (unprocessed) fabrics, which serve as the foundational material for numerous textile products. Greige fabrics are essential for manufacturers seeking to dye or finish them according to various requirements.
  • Finished Fabrics: Le Merite Exports also provides finished fabrics that have undergone various treatments to enhance their aesthetic appeal and functionality. These fabrics are designed to meet specific client specifications and are ready for immediate application in the fashion and textile industries.

Contact Information

Address: A-307, Boomerang
Phone: 91 22 4596 3506