INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol LEMERITE
MSEI Symbol NOTLISTED
ISIN INE0G1L01017
Name of Company Le Merite Exports Limited
Type of company SME
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 12-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Half Yearly
Reporting Quarter Half yearly
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Textile Segment
Start date and time of board meeting 12-11-2025   11:00:00
End date and time of board meeting 12-11-2025   12:15:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 05-01-2022
Indicate Company website link for updated RPT policy of the Company https://www.lemeriteexports.com/pdf/Related-Party-Transaction-Policy.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 2
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable


Financial Results — Other than Bank

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Revenue From Operations
Revenue from operations 21,260.99 21,260.99
Other income 226.33 226.33
Total Income 21,487.32 21,487.32
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 18,599.39 18,599.39
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 160.61 160.61
(d) Employee benefit expense 80.15 80.15
(e) Finance costs 390.19 390.19
(f) Depreciation and amortisation expense 69.31 69.31
(g) Other Expenses
1 Other Expenses 1,087.54 1,087.54
Total other expenses 1,087.54 1,087.54
Total expenses 20,387.19 20,387.19
3 Profit before exceptional and extraordinary items and tax 1,100.13 1,100.13
4 Exceptional items 0.00 0.00
5 Profit before extraordinary items and tax 1,100.13 1,100.13
6 Extraordinary items 0.00 0.00
7 Profit before tax 1,100.13 1,100.13
8 Tax Expense
Current tax 245.00 245.00
Deferred tax 0.52 0.52
Total tax expenses 245.52 245.52
9 Net Profit Loss for the period from continuing operations 854.61 854.61
10 Profit (loss) from discontinuing operations before tax 0.00 0.00
11 Tax expense of discontinuing operations 0.00 0.00
12 Net profit (loss) from discontinuing operation after tax 0.00 0.00
13 Profit (loss) for period before minority interest 854.61 854.61
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 854.61 854.61
17 Details of equity share capital
Paid-up equity share capital 2,436.00 2,436.00
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.52 3.52
Diluted earnings (loss) per share from continuing and discontinued operations 3.42 3.42
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio
23 Disclosure of notes on financial results


Remarks

20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio


Cash flow statement — indirect

Amount in (Lakhs)

A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited
D Nature of report standalone or consolidated Standalone
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 1,100.13
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 0.00
Adjustments for depreciation and amortisation expense 69.31
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for share-based payments 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments to profit (loss) 69.31
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 160.65
Adjustments for decrease (increase) in trade receivables 1,486.92
Adjustments for decrease (increase) in other current assets (1,681.12)
Adjustments for increase (decrease) in trade payables 476.98
Adjustments for increase (decrease) in other current liabilities 66.40
Adjustments for provisions 28.12
Total adjustments for working capital 537.95
Total adjustments for reconcile profit (loss) 607.26
Net cash flows from (used in) operations 1,707.39
Dividends received 0.00
Interest paid 245.00
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities before extraordinary items 1,462.39
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) operating activities 1,462.39
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property plant and equipment 0.00
Purchase of property plant and equipment 10.60
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 188.80
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Proceeds from government grants 0.00
Net cash flows from (used in) investing activities before extraordinary items (199.40)
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) investing activities (199.40)
Cash flows from used in financing activities
Proceeds from issuing shares 196.48
Proceeds from issuing other equity instruments 420.80
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 2,049.69
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (540.50)
Net cash flows from (used in) financing activities before extraordinary items (1,972.91)
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) financing activities (1,972.91)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (709.92)
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (709.92)
Cash and cash equivalents cash flow statement at beginning of period 5,376.73
Cash and cash equivalents cash flow statement at end of period 4,666.81


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Equity and liabilities
1 Shareholders' funds
Share capital 2,436.00
Reserves and surplus 9,866.22
Money received against share warrants 667.51
Total shareholders' funds 12,969.73
2 Share application money pending allotment 0.00
3 Deferred government grants 0.00
4 Minority interest
5 Non-current liabilities
Long-term borrowings 197.11
Deferred tax liabilities (net) 0.00
Foreign currency monetary item translation difference liability account 0.00
Other long-term liabilities 0.00
Long-term provisions 30.86
Total non-current liabilities 227.97
6 Current liabilities
Short-term borrowings 8,046.39
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2,428.93
Total Trade payable 2,428.93
Other current liabilities 238.98
Short-term provisions 37.29
Total current liabilities 10,751.59
Total equity and liabilities 23,949.29
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 1,067.47
Producing properties 0.00
Intangible assets 0.00
Preproducing properties 0.00
Property, Plant and Equipment capital work-in-progress 0.00
Intangible assets under development or work-in-progress 0.00
Total Property, Plant and Equipment and Intangible assets 1,067.47
ii Non-current investments 206.34
v Deferred tax assets (net) 6.28
vi Foreign currency monetary item translation difference asset account
vii Long-term loans and advances 948.18
viii Other non-current assets 253.31
Total non-current assets 2,481.58
Current assets
Current investments 351.28
Inventories 952.25
Trade receivables 10,085.44
Cash and cash equivalents 4,666.81
Bank balance other than cash and cash equivalents 0.00
Short-term loans and advances 4,618.78
Other current assets 793.15
Total current assets 21,467.71
Total assets 23,949.29
Disclosure of notes on assets and liabilities


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments




Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Amount in (Lakhs)

Mode of Fund Raising Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 17-09-2025
Amount Raised 18.80
Report filed for Quarter ended 30-09-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation NA
Comments of the Audit Committee after review NA
Comments of the auditors, if any NA
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Strategic Investment NA 1,409.76 0.00 0.00 0.00 The Company has received INR 462.96 lacs till date. The balance amount is pending and yet to be utilized within the stipulated timeline.
2 General Corporate Purpose NA 469.92 0.00 0.00 0.00 The Company has received INR 154.32 lacs till date. The balance amount is pending and yet to be utilized within the stipulated timeline.


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (2)

Amount in (Lakhs)

Mode of Fund Raising Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 27-11-2024
Amount Raised 2,184.61
Report filed for Quarter ended 30-09-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation NA
Comments of the Audit Committee after review NA
Comments of the auditors, if any NA
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Working capital requirement NA 1,474.61 0.00 975.00 0.00 Out of the total warrants issued, 6,73,600 warrants are still pending for conversion into equity shares. Accordingly, 75% of the issue price pertaining to these pending warrants has not yet been received. Hence, utilization of the said amount is pending.
2 General Corporate Purposes NA 513.38 0.00 339.49 0.00 Out of the total warrants issued, 6,73,600 warrants are still pending for conversion into equity shares. Accordingly, 75% of the issue price pertaining to these pending warrants has not yet been received. Hence, utilization of the said amount is pending.
3 Fund-raising cost NA 196.62 0.00 130.00 0.00 Out of the total warrants issued, 6,73,600 warrants are still pending for conversion into equity shares. Accordingly, 75% of the issue price pertaining to these pending warrants has not yet been received. Hence, utilization of the said amount is pending.


Signatory Details

Name of signatory Abhishek Lath
Designation of person Managing Director
Place Mumbai
Date 12-11-2025


Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Le Merite Exports Ltd Le Merite Filament Pvt Ltd Subsidiary Investment NA 0.00 0.51 0.51
2 Le Merite Exports Ltd Le Merite Laxmi Spinning Subsidiary Investment NA 0.00 2.55 2.55
3 Le Merite Exports Ltd Le Merite Laxmi Spinning Subsidiary Loan NA 21.20 0.00 21.20
4 Le Merite Exports Ltd Le Merite Tactical & Defence Subsidiary Investment NA 5.10 0.00 5.10
5 Le Merite Exports Ltd Le Merite Tactical & Defence Subsidiary Loan NA 235.76 0.51 236.11
6 Le Merite Exports Ltd Le Merite Tactical & Defence Subsidiary Any other transaction Repayment of Loan NA 0.16 0.00 0.00
7 Le Merite Exports Ltd Le Merite Tactical & Defence Subsidiary Loan NA 367.50 0.00 270.50
8 Le Merite Exports Ltd Le Merite Tactical & Defence Subsidiary Any other transaction Repayment of Loan NA 97.00 0.00 0.00
9 Le Merite Exports Ltd Abhishek Lath Managing Director and CFO Loan NA 60.00 0.00 0.00
10 Le Merite Exports Ltd Abhishek Lath Managing Director and CFO Any other transaction Repayment of Loan NA 36.00 0.00 24.00
11 Le Merite Exports Ltd Umashankar Lath Managing Director Loan NA 788.82 1,235.85 0.00
12 Le Merite Exports Ltd Umashankar Lath Managing Director Any other transaction Repayment of Loan NA 1,877.50 0.00 147.17
13 Le Merite Exports Ltd Sweta Lath Director Loan NA 34.00 0.00 0.00
14 Le Merite Exports Ltd Sweta Lath Director Any other transaction Repayment of Loan NA 34.00 0.00 0.00
15 Le Merite Exports Ltd Arpit Sharma Company Secretary Remuneration NA 2.93 0.00 0.00
16 Le Merite Exports Ltd Le Merite Fashion Pvt Ltd Entity Under Common Influence Advance NA 107.72 34.78 37.96
17 Le Merite Exports Ltd Le Merite Fashion Pvt Ltd Entity Under Common Influence Any other transaction Repayment of Advance NA 34.98 0.00 0.00
18 Le Merite Exports Ltd Le Merite Fashion Pvt Ltd Entity Under Common Influence Sale of goods or services NA 27.83 0.00 27.83
Total value of transaction during the reporting period 3,730.50