Le Merite Exports (NSE:LEMERITE) Beginning Cash Position: ₹0 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:LEMERITE Le Merite Exports Ltd NSE:LEMERITE
67 GF Score
Price ₹23.15
GF Value ₹33.85
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Le Merite Exports Beginning Cash Position?

Le Merite Exports NSE:LEMERITE -1.11% 67 Beginning Cash Position is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:LEMERITE with a GF Score™ of 67/100 and a GF Value™ of ₹33.85 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Le Merite Exports's Beginning Cash Position for the quarter that ended in Mar. 2026 was ₹0 Mil.

Le Merite Exports's annual Beginning Cash Position declined from Mar. 2024 (₹420 Mil) to Mar. 2025 (₹14 Mil) but then increased from Mar. 2025 (₹14 Mil) to Mar. 2026 (₹31 Mil).


Le Merite Exports Beginning Cash Position Related Terms


Le Merite Exports Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Le Merite Exports's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Le Merite Exports Beginning Cash Position Chart

Le Merite Exports Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beginning Cash Position
Get a 7-Day Free Trial 79.92 82.46 419.96 14.23 30.88

Le Merite Exports Quarterly Data
Mar19 Mar20 Mar21 Dec21 Mar22 Sep22 Mar23 Sep23 Mar24 Dec24 Mar25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
NSE:LEMERITE
67GF Score
Le Merite Exports Ltd NSE:LEMERITE
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Le Merite Exports Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of ₹0 Mil mean?
Le Merite Exports (NSE:LEMERITE) has a Beginning Cash Position of ₹0 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Le Merite Exports and its competitors.
Is Le Merite Exports' Beginning Cash Position too high?
Le Merite Exports' current Beginning Cash Position is ₹0 Mil. Overall, Le Merite Exports has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Le Merite Exports' Beginning Cash Position compare to competitors?
Le Merite Exports' Beginning Cash Position of ₹0 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Manufacturing - Apparel & Accessories company?
A good Beginning Cash Position depends on the Manufacturing - Apparel & Accessories industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Le Merite Exports and its competitors. Le Merite Exports's current Beginning Cash Position is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Le Merite Exports stock overvalued right now?
Based on GuruFocus' analysis, Le Merite Exports (NSE:LEMERITE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹33.85, compared to a current price of ₹23.15 — trading 31.6% below its estimated fair value. The current Beginning Cash Position is ₹0 Mil. Le Merite Exports' overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Le Merite Exports (NSE:LEMERITE), the current Beginning Cash Position is ₹0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Le Merite Exports (NSE:LEMERITE) Overvalued in 2026?

Based on GuruFocus' analysis, Le Merite Exports stock appears to be undervalued. The current stock price of ₹23.15 is trading 31.6% below its estimated GF Value™ of ₹33.85. GuruFocus considers Le Merite Exports to be Significantly Undervalued.

Key valuation signals for NSE:LEMERITE:

  • Beginning Cash Position: ₹0 Mil
  • GF Value™: ₹33.85 vs. price of ₹23.15 (31.6% below fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the NSE:LEMERITE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Le Merite Exports Business Description

Address 1 st Floor, Chandivali Farm Road, B1-104D, Boomerang, Powai, Andheri- East, Mumbai, MH, IND, 400072
Le Merite Exports Ltd is engaged in the manufacturing and trading of textile products namely cotton yarn, greige fabric, and finished fabric for domestic and export sales. The reportable segment for the Company is textile business.
67GF Score

Get the complete analysis for NSE:LEMERITE

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹23.15
Price
₹33.85
GF Value