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Le Merite Exports Limited (LEMERITE)

Textiles · NSE · end-of-day 2026-10-19
Close
₹18.98
Day change
-7.86%
1-year
-81.5%
From 52-week high
-81.5%
Weinstein stage
Stage 4
Minervini template
—
Le Merite Exports Limited closed at ₹18.98 on 2026-10-19, down 82% over the past year, 82% below its 52-week high. Weinstein's stage analysis reads stage 4 - declining. Over the year its annualised volatility was about 54%, with a largest fall of 82% from a peak.

About Le Merite Exports Limited

Le Merite Exports Limited operates in the textile and apparel sector, with activities focused on manufacturing and exporting textile products. Its performance is linked to domestic and international demand for textiles and garments. Export growth, customer diversification and capacity expansion can provide opportunities. Cotton and labour costs, export demand, currency movements, capacity utilization and global textile competition remain important factors.

Price, RSI and MACD

Price · -78.1% over the period
1435567799Apr 26May 26Jun 26Jul 26Aug 26Sep 26Oct 26
RSI (14) · 42.9
305070
MACD (12, 26, 9) · histogram +0.15
-17.2-12.1-7-1.93.2
Price · -81.5% over the period
13376184108Dec 25Feb 26Apr 26Jun 26Aug 26Oct 26
RSI (14) · 42.9
305070
MACD (12, 26, 9) · histogram +0.15
-17.2-12.1-7-1.93.2
Price: daily close adjusted for splits and bonuses, dashed line the 150-day moving average. MACD: green line, orange dashed signal, bars the histogram. Longer periods are drawn from every second or third session.

Fundamentals

Market capSales (TTM)Net profit (TTM)P/EEPS (TTM)P/BROEDebt / equityFree cash flowEV / EBITDABeta
₹238 cr——97.30.211.761.9%0.67₹39 cr14.50.57

Quarterly results

QuarterSales ₹ crNet profit ₹ crEPSEPS YoYSales YoYNet margin
Jun 202690—————
Mar 20267510.35+31.6%-65.4%1.1%
Dec 20257420.16——2.8%
Sep 202521380.70——4.0%
Mar 202521830.27——1.4%
Consolidated · EPS restated onto today's share count after splits and bonuses · net profit as filed.

Minervini SEPA — earnings checks 0 of 0 pass

CheckResult
Latest quarter EPS up 25%+ on a year ago— Not assessable
EPS growth accelerating over 3 quarters— Not assessable
Sales up 25%+, or sales growth accelerating— Not assessable
Annual EPS up 25%+ in each of the last 2 years— Not assessable
Net margin above the same quarter last year— Not assessable

Investor methods

MethodChecksScoreVerdict
Turtle
✗ Close above the prior 55-session high · 24.37
✗ Close above the prior 20-session high · 21.85
✗ Close below the prior 20-session low · 17.73
Donchian channel breakout - the Turtle traders' entry.
No signal
Weinstein
Stan Weinstein's stage analysis on the 30-week moving average.
Stage 4 - declining
Graham
✗ Price at or below the Graham number · Graham number 7.14
✗ P/E 15 or less · P/E 90.4
✗ P/B 1.5 or less (or P/E x P/B 22.5 or less) · P/B 1.76
✗ Current ratio 2 or more · 1.97
— 10 years of positive earnings, 20 of dividends · history not held
Benjamin Graham's defensive-investor tests.
38/100Expensive
Each method's own rules applied to this stock - information, not a buy or sell signal. All were tested on 2024-26 data; only the Minervini trend template showed a consistent edge.

Textiles sector — top 10 by 1-year return

Stock1M %3M %6M %1Y %3Y %5Y %P/EP/BROE %ROCE %ROA %D/EEV/EBITDA₹ CrSales TTM ₹ CrProfit TTM ₹ CrEPSBeta
LEMERITE this stock+3.4-9.4-78.1———97.31.761.9——0.6714.5238——0.20.57
SIYSIL-1.6+1510.4+1753.3+1295.4+1766.8+2241.4198.232.2716.820.5—0.22116.647,1122,6292372.62.50
RUBYMILLS+10.8+31.7+120.6+135.0+118.4+255.139.32.576.66.8—0.5522.51,731——12.90.82
SPORTKING+6.9+10.3+50.7+128.4+163.2—17.22.5111.313.0—0.4111.12,8042,61416212.71.48
NITINSPIN+4.3+17.5+56.2+102.9+123.0+181.417.12.4712.812.2—0.7610.53,6323,29621237.70.87
RAYMOND+15.6+84.5+168.7+96.1+185.8+987.1203.02.65162.8-0.4—0.3563.17,5242,293645.61.43
PGIL+11.5+22.0+56.2+89.5+273.8+1599.337.98.0821.221.6—0.4723.811,8025,32530433.71.23
FILATEX+9.9+42.3+133.1+86.4+104.8+81.719.83.0412.919.3—0.0912.94,5805,3062325.21.44
PASUPTAC+7.2+27.4+56.3+73.6+74.7+136.37.01.5417.521.0—0.256.56691,0329610.71.16
INDORAMA+1.3+87.4+139.9+53.0+75.7+81.811.43.6733.917.8—1.318.82,4084,6612118.11.44
AYMSYNTEX-5.5+11.1+32.9+50.1+296.0+149.183.32.671.15.5—0.3017.11,5711,390193.20.73
A blank in a return column means the stock is younger than that window. P/B and ROE come from each company's own filings where held.

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Prices as of 2026-10-19, end of day, from NSE. Fundamentals from each company's own exchange filings (XBRL), EPS restated for splits and bonuses. Figures may be delayed and are for information only.
For research & education only — not investment advice. The methods, checks and verdicts are automated rules applied to public data, not buy/sell recommendations. StockLearn is an independent product of ClusterMicro Technologies, not affiliated with or endorsed by the NSE or any exchange. ClusterMicro Technologies is not a SEBI-registered investment adviser. Consult a SEBI-registered adviser before investing.