Le Merite Exports

Le Merite Exports Dividend Coverage

The Dividend Coverage Ratio of Le Merite Exports (LEMERITE.NS) as of Nov 6, 2026 is 0.70. In the previous year, Dividend Coverage Ratio was 0.69 — a change of 1.75% (higher).

Dividend Coverage

0.70

YoY

1.75%

Last updated:

Dividend Coverage Ratio of Le Merite Exports is 2024 0.70 . Dividend Coverage Ratio of Le Merite Exports was 2023 0.69 . It decreases by 1.75% higher compared to the previous year.

The Le Merite Exports Dividend Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Dividend Coverage
Date
Dividend Coverage
Jan 1, 2022
8.97 INR
Jan 1, 2023
0.69 INR
Jan 1, 2024
0.70 INR
The Le Merite Exports Dividend Coverage history
YEARDividend CoverageYoY
0.70+1.75%
0.69-92.36%
8.97—

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Le Merite Exports Stock analysis

What does Le Merite Exports do? Le Merite Exports Ltd. generates revenue through the manufacturing and trading of textile products, including compact cotton yarn in counts NE 16/1 to NE 32/2 and combed carded double yarn. The company supplies yarn, fabric, cotton, polyester chips, and manufactured yarn to the textile segment, targeting international textile and garment manufacturers. Its subsidiaries, Le Merite Filament Private Limited and Le Merite Laxmi Spinning Private Limited, contribute to revenue by trading polyester yarn, viscose yarn, synthetic fibers, and other fiber varieties such as texturized, twisted, and sized yarns. The company focuses on sustainable organic yarn and fabric exports to global buyers in the textile industry. The primary customers for Le Merite Exports Ltd. are international textile and garment manufacturers who purchase their diversified product portfolio. The company's product range includes cotton yarn for various end uses, polyester chips for manufacturing, and sustainable organic fabrics, all supplied through its domestic and international operations. Subsidiaries expand the product offerings to include specialized fibers like lycra yarn and worsted yarn, catering to specific market demands within the textile sector. Revenue streams are derived from the sale of yarn, fabric, and cotton products across multiple segments, with a strong emphasis on export-oriented business. The company leverages its subsidiaries to enhance its portfolio, offering a wide array of fiber types including texturized, twisted, and sized yarns. International buyers in the textile and garment manufacturing industry form the core customer base, purchasing both conventional and sustainable textile materials for production. Le Merite Exports is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Le Merite Exports stock

Dividend Coverage Ratio of Le Merite Exports is 0.70 in 2024.

Dividend Coverage Ratio of Le Merite Exports changed from 0.69 to 0.70, representing a 1.75% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Dividend Coverage Ratio Le Merite Exports since 2006 – with annual values, charts, and detailed analysis.

The dividend coverage ratio measures how many times dividends can be covered by net income. Higher coverage suggests more sustainable dividend payments.

Dividend Coverage Ratio's is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Dividend Coverage Ratio's Le Merite Exports historically and in real time.

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Dividend — Le Merite Exports

All Key Metrics — Le Merite Exports