📝 Le Merite Exports Limited — results explained
Quarter ended June 2026 (Q1 FY27)
Le Merite Exports Limited reported revenue of ₹90 crore for the quarter ended June 2026 (Q1 FY27), down 18.7% from ₹110 crore in the same quarter last year, and up 22.0% sequentially over the March 2026 quarter.
The company reported a net loss of ₹4 crore, against a net profit of ₹4 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-0.34.
Operating profit stood at ₹-9 crore — an operating margin (OPM) of -10.5%, compared with 4.8% in the year-ago quarter.
Full year and trailing twelve months
For the full year FY26, Le Merite Exports Limited posted revenue of ₹470 crore, with a net profit of ₹15 crore.
On a trailing-twelve-month (TTM) basis, revenue stands at ₹449 crore with a net profit of ₹7 crore.
Valuation snapshot
At the current price of ₹20.60, LEMERITE has a market capitalisation of ₹258 crore and a trailing P/E of about 39.2.
Within the Trading - Textile Products industry, it is the 3rd-largest of the 10 companies we track by market value.
Shareholding pattern
As of Sep 2026, promoters held 59.65%, foreign institutional investors (FIIs) 0.05%, public shareholders 40.29% of Le Merite Exports Limited.