Le Merite Exports

Le Merite Exports Interest Coverage

The Interest Coverage Ratio of Le Merite Exports (LEMERITE.NS) as of Nov 5, 2026 is 1.37. In the previous year, Interest Coverage Ratio was 1.89 — a change of -27.36% (lower).

Interest Coverage

1.37

YoY

-27.36%

Last updated:

Interest Coverage Ratio of Le Merite Exports is 2025 1.37 . Interest Coverage Ratio of Le Merite Exports was 2024 1.89 . It decreases by -27.36% lower compared to the previous year.

The Le Merite Exports Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2019
1.75 INR
Jan 1, 2020
3.73 INR
Jan 1, 2021
10.93 INR
Jan 1, 2022
11.42 INR
Jan 1, 2023
6.41 INR
Jan 1, 2024
1.89 INR
Jan 1, 2025
1.37 INR
The Le Merite Exports Interest Coverage history
YEARInterest CoverageYoY
1.37-27.36%
1.89-70.49%
6.41-43.89%
11.42+4.55%
10.93+192.62%
3.73+113.10%
1.75—

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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

Interest Coverage Ratio of Le Merite Exports is 1.37 in 2025.

Interest Coverage Ratio of Le Merite Exports changed from 1.89 to 1.37, representing a -27.36% change. The value is lower than the previous year.

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

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Le Merite Exports with sector peers and the industry average to assess whether it is attractive.

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Leverage — Le Merite Exports

All Key Metrics — Le Merite Exports