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Le Merite Exports share price

Le Merite Exports Ltd.

NSE: LEMERITE SECTOR: Textile  16k   6   2

61.60
+1.10 (1.82%)
NSE: 28 Mar 4:00 PM

Price Summary

Today's High

₹ 62.3

Today's Low

₹ 60.5

52 Week High

₹ 65.95

52 Week Low

₹ 39.9

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

144.64 Cr.

Enterprise Value

185.3 Cr.

No. of Shares

2.35 Cr.

P/E

22.75

P/B

1.51

Face Value

₹ 10

Div. Yield

0.83 %

Book Value (TTM)

₹  40.8

CASH

41.98 Cr.

DEBT

82.64 Cr.

Promoter Holding

72.74 %

EPS (TTM)

₹  2.71

Sales Growth

-30.76%

ROE

9 %

ROCE

7.8%

Profit Growth

-69.82 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year-30.76%
3 Year18.89%
5 YearNA

Profit Growth

1 Year-69.82%
3 Year26.42%
5 YearNA

ROE%

1 Year9%
3 Year34.2%
5 Year26.12%

ROCE %

1 Year7.8%
3 Year17.75%
5 Year15.37%

Debt/Equity

0.8627

Price to Cash Flow

7.87

Interest Cover Ratio

3.05947045856447

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2023 72.74 0
Mar 2023 72.74 0
Sep 2022 72.74 0
Jun 2022 72.74 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 18.8926018934237% for the Past 3 years.
  • Company has been maintaining healthy ROE of 34.1997179969805% over the past 3 years.
  • The company has a high promoter holding of 72.74%.

 Limitations

  • The company has a low EBITDA margin of 3.58644309176153% over the past 5 years.

Quarterly Result (All Figures in Cr.)

Quarterly Data is not available for this company.Report us

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 180.01 216.67 268.39 525.9 364.13
Total Expenditure 175.65 210.29 257.96 494.91 354.01
Operating Profit 4.37 6.38 10.44 30.99 10.13
Other Income 0.92 0.61 0.55 1.07 3.11
Interest 3.49 2.52 1.65 3.58 4.13
Depreciation 0.19 0.16 0.16 0.5 0.61
Exceptional Items 0 0 0 0 0
Profit Before Tax 1.6 4.31 9.17 27.98 8.5
Tax 0.47 1.16 2.21 6.92 2.14
Net Profit 1.13 3.15 6.96 21.06 6.36
Adjusted EPS (Rs.) 0 0 4.07 12.33 2.71

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 1.71 1.71 1.71 17.08 23.48
Total Reserves 12.43 15.58 22.72 28.41 72.31
Borrowings 1.4 0.55 1.25 1.55 1.44
Other N/C liabilities 0.01 0.01 0.02 0.16 0.12
Current liabilities 41.06 38.42 66.38 129.48 104.46
Total Liabilities 56.6 56.26 92.08 176.68 201.81
Assets
Net Block 1.74 1.57 1.62 2.95 2.5
Capital WIP 0 0 0 0 6.97
Intangible WIP 0 0 0 0 0
Investments 1.08 1.08 1.08 1.11 1.11
Loans & Advances 0.18 1.26 1.84 2.39 6.43
Other N/C Assets 0 0 0 0 0
Current Assets 53.61 52.35 87.54 170.23 184.81
Total Assets 56.6 56.26 92.08 176.68 201.81
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 1.6 4.31 9.17 27.98 8.5
Adjustment 0.19 0.16 0.16 0.76 0.18
Changes in Assets & Liabilities -6.33 -5.81 -29.27 -65.76 11.9
Tax Paid -0.47 -1.16 -2.2 -6.95 -2.2
Operating Cash Flow -5 -2.5 -22.14 -43.96 18.38
Investing Cash Flow 0 -0.17 -0.14 -1.94 -7.32
Financing Cash Flow 0.68 -1.93 24.82 46.18 22.68
Net Cash Flow -4.31 -4.59 2.53 0.28 33.74

Corporate Actions

Investors Details

PARTICULARS Jun 2022% Sep 2022% Mar 2023% Sep 2023%
promoters 72.74 72.74 72.74 72.74
abhishek lath - - 22.36 22.36
asha devi lath - - 29.10 29.10
sweta abhishek lath - - 6.77 6.77
umashankar lath - - 8.62 8.62
umashankar naharmal lath - - 5.88 5.88
abhishek lath - 22.36 - -
asha devi lath 29.10 29.10 - -
sweta abhishek lath 6.77 6.77 - -
umashankar lath 8.62 8.62 - -
umashankar naharmal lath ... - 5.88 - -
abhisek lath 22.36 - - -
umashankar naharmal lath ... 5.88 - - -
PARTICULARS Jun 2022% Sep 2022%
investors 27.26 27.26
rikhav securities limited... 1.02 1.38
anant aggarwal 1.79 -
viranchi trading llp 2.32 -

Annual Reports

No Annual reports exist for this company.Report us

Ratings & Research Reports

No Credit and Research reports exist for this company.Report us

Company Presentations

Currently we do not have any Presentation and Concall related to this company.Report us

Le Merite Exports Stock Price Analysis and Quick Research Report. Is Le Merite Exports an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Le Merite Exports has a PE ratio of 22.7532966424113 which is high and comparatively overvalued .

  • Share Price: - The current share price of Le Merite Exports is Rs 61.6. One can use valuation calculators of ticker to know if Le Merite Exports share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Le Merite Exports has ROA of 3.35902484287597 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Le Merite Exports has a Current ratio of 1.76923445127234 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Le Merite Exports has a ROE of 8.99891845367188 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Le Merite Exports has a D/E ratio of 0.8627 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Le Merite Exports has an Inventory turnover ratio of 25.3523243913137 which shows that the management is efficient in relation to its Inventory and working capital management.

  • Sales growth: - Le Merite Exports has reported revenue growth of -30.7602337624505 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Le Merite Exports for the current financial year is 2.78079789000116 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Le Merite Exports is Rs 0.5 and the yield is 0.8264 %.

Last Updated on:
Brief about Le Merite Exports
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