TipHub

22.35

+1.02 +4.78%

As of 28 Jul 2026 · delayed

NSE Listed · Textiles

LT-ASM · ASM 1
What does LT-ASM · ASM 1 mean?
NSE · Long Term Additional Surveillance Measure (ASM 1)LT-ASM is the joint SEBI/exchange framework for SUSTAINED abnormal price moves (contrast ST-ASM's 5–15-day spikes). Entry is beta-adjusted price variation versus the Nifty (e.g. 3-month high-low above 150% plus the stock's β × index move) along with client-concentration checks. Stages I–IV escalate from a 5% price band through 100% margin to Trade-for-Trade with an additional surveillance deposit. Practical meaning: the exchange still considers the price action abnormal — tighter bands and elevated margins continue even if another measure (like ESM) has lifted. A stock can sit under LT-ASM on both exchanges via either exchange's shortlisting; it is a preventive cost-of-speculation measure, not an adverse finding against the company.Criteria: High 3-month / 12-month high-low price variation, close-to-close price variation, client concentration, number of price-band hits, market-wide position limit and P/E — applied in graded Stages I–IV with escalating margin and price-band curbs.Exchange notice · 2026-07-14

Le Merite Exports Limited (LEMERITE)

Volume: 7,88,573Avg Vol 1W: 5,05,919Avg Vol 1M: 7,16,96052W Range:19.52537.85
Market Cap₹280 Cr
Current Price₹22.35
Previous Close₹21.33
High / Low (52w)₹537.85 / ₹19.52
Volume7,88,573
Avg Vol (1W)5,05,919
Avg Vol (1M)7,16,960
Stock P/E65.74
Book Value₹55.53
Dividend Yield0%
ROE8.6%
ROA4.41%
Revenue (TTM)
Revenue Growth12.13%
Profit Margin3.16%
Total Debt₹13 Cr
Shares Outstanding13 Cr
Face Value₹10
EPS (TTM)₹0.34
P/B0.4
Debt / Equity0.67
50 DMA₹68.08
200 DMA₹363.02
Day change+4.78%
SurveillanceLT-ASM · ASM 1
Price Chart
22.35 93.16% · 1Y
5162070.7L
2025-07-29
2026-07-28

20-day avg volume: 7.5L shares

Pros
  • Company is almost debt-free.
  • Stock trades below its book value.
Cons
  • Stock trades at a high P/E of 66.
Quarterly Results
MetricDec 2024Mar 2025Sept 2025Dec 2025Mar 2026
Revenue₹96 Cr₹126 Cr₹98 Cr₹73 Cr₹75 Cr
EBITDA₹2 Cr₹6 Cr₹8 Cr₹4 Cr₹3 Cr
Net Profit₹0 Cr₹2 Cr₹4 Cr₹2 Cr₹1 Cr
EPS
Profit & Loss (Annual)
MetricMar 2023Mar 2024Dec 2024Mar 2025Mar 2025Sept 2025Dec 2025Mar 2026
Revenue₹380 Cr₹472 Cr₹95 Cr₹126 Cr₹536 Cr₹98 Cr₹73 Cr₹74 Cr
EBITDA₹9 Cr₹10 Cr₹2 Cr₹6 Cr₹18 Cr₹8 Cr₹4 Cr₹2 Cr
Net Profit₹4 Cr₹2 Cr₹0 Cr₹2 Cr₹6 Cr₹4 Cr₹2 Cr₹0 Cr
EPS1.870.742.54
Balance Sheet
MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹56 Cr₹92 Cr₹177 Cr₹202 Cr₹198 Cr₹238 Cr
Total Liabilities₹39 Cr₹68 Cr₹131 Cr₹110 Cr₹106 Cr₹125 Cr
Equity₹17 Cr₹24 Cr₹46 Cr₹92 Cr₹92 Cr₹113 Cr
Total Debt₹1 Cr
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹-20 Cr₹-37 Cr₹13 Cr₹1 Cr₹-11 Cr
Investing₹0 Cr₹-2 Cr₹-7 Cr₹-2 Cr₹-3 Cr
Financing₹25 Cr₹46 Cr₹30 Cr₹4 Cr₹25 Cr
Free Cash Flow₹-20 Cr₹-39 Cr₹6 Cr₹0 Cr₹-11 Cr
Shareholding
Promoter 59.65% Institutions 0% Public 40.34%
Efficiency & Working Capital
ROCE9.7%
Interest Coverage2
Dividend Payout
Debtor Days80 d
Inventory Days8 d
Payable Days14 d
Cash Conversion Cycle75 d
Working Capital Days88 d
Shareholding Details

As of 2026-06-30

Promoter59.7%
FII0%
DII0%
Institutions0%
Public40.3%
Promoter Pledge0%
No. of Shareholders4,441
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2022Mar 2023Sept 2023Mar 2024Sept 2024Mar 2025Sept 2025Oct 2025Oct 2025Dec 2025Mar 2026Jun 2026
Promoters72.7%72.7%72.7%73%73.1%62.2%61.5%59.9%59.9%59.7%59.7%59.7%
FIIs0.6%0.6%0.4%0.4%0.2%0.5%0.3%0.1%0.1%0.1%0.2%0%
DIIs0%0%0%0%0%0%0%0%0%0.2%0.2%0%
Public26.7%26.7%26.9%26.6%26.7%37.3%38.1%40%40%40%40%40.3%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders1,6571,6511,7001,4841,0271,2251,4651,5091,5091,7151,7004,441
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503
Major Shareholders (>1%)
NameCategoryStakeShares
Ashadevi LathShareholding of Promoter and Promoter Group25.3%3.17 Cr
Abhishek LathShareholding of Promoter and Promoter Group21.1%2.64 Cr
Umashankar Naharmal LathShareholding of Promoter and Promoter Group5.5%69,00,000
Umashankar LathShareholding of Promoter and Promoter Group4.4%54,77,000
Sweta Abhishek LathShareholding of Promoter and Promoter Group3.4%42,62,000
Meenaxi Dilip KothariPublic Shareholding1.3%16,16,000
Abhishek Lath HufShareholding of Promoter and Promoter Group0%5,000
Board of Directors
NameDesignationYear
Umashankar LathChairman / Executive Director / Managing Director2025
Abhishek LathExecutive Director / Managing Director / CFO2025
Sweta LathExecutive Director2025
Narendra Kumar SrivastavaIndependent Non Exe. Director2025
Jaydeep Purujit MehtaIndependent Non Exe. Director2025
Rohit AgarwalIndependent Non Exe. Director2025
Arpit SharmaCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
Manufacturing, purchase and sale of₹0 Cr
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10352424
Corporate Actions
TypeDateValueRemark
split2026-05-291:5face value change from 10 to 2
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025470030281
2025330017051
2025140013229
Company Information
Incorporated2003
ChairmanUmashankar Lath
AuditorNagori Nuwal & Co
Investor Email[email protected]
🌐 www.lemeriteexports.com

📍 B1-104D Boomerang Andheri (W), Chandivali Farm Road Powai, Mumbai, Maharashtra, 400072

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