Le Merite ExportsNSE:LEMERITE -4.99%62 Market Cap is ₹2,765 Mil as of Jul. 02, 2026. GuruFocus rates NSE:LEMERITE with a GF Score™ of 62/100 and a GF Value™ of ₹33.93 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,083 Manufacturing - Apparel & Accessories companies, Le Merite Exports ranks worse than 57.99% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Le Merite Exports's share price for the quarter that ended in Mar. 2026 was ₹88.06. Le Merite Exports's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 125 Mil. Therefore, Le Merite Exports's market cap for the quarter that ended in Mar. 2026 was ₹11,022 Mil.
Le Merite Exports's quarterly market cap
increased
from Sep. 2025 (₹10,645 Mil) to Dec. 2025 (₹11,477 Mil) but then
declined
from Dec. 2025 (₹11,477 Mil) to Mar. 2026 (₹11,022 Mil).
Le Merite Exports's annual market cap
increased
from Mar. 2024 (₹1,446 Mil) to Mar. 2025 (₹7,169 Mil) and
increased
from Mar. 2025 (₹7,169 Mil) to Mar. 2026 (₹11,022 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Le Merite Exports's Enterprise Value for Today is ₹2,812 Mil.
Le Merite Exports (NSE:LEMERITE) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Le Merite Exports Market Cap Related Terms
Le Merite Exports Market Cap Historical Data
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The historical data trend for Le Merite Exports's Market Cap 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 Market Cap Competitor Comparison
For the Textile Manufacturing subindustry, Le Merite Exports's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Le Merite Exports Market Cap vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Le Merite Exports's Market Cap distribution charts can be found below:
* The bar in red indicates where Le Merite Exports's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Le Merite Exports's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as
* 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 (NSE:LEMERITE) has a Market Cap of ₹2,765 Mil as of Jul. 02, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Le Merite Exports and its competitors. According to the industry distribution chart, Le Merite Exports ranks #628 out of 1083 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 58%.
Is Le Merite Exports' Market Cap too high?
Le Merite Exports' current Market Cap is ₹2,765 Mil. Based on the distribution chart, Le Merite Exports ranks #628 out of 1083 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Le Merite Exports has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Le Merite Exports' Market Cap compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Le Merite Exports ranks #628 out of 1083 companies for Market Cap. This places Le Merite Exports in the lower half of its industry. The industry median Market Cap is 45.02. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Manufacturing - Apparel & Accessories company?
The median Market Cap among Manufacturing - Apparel & Accessories companies is 45.02, based on 1,083 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Le Merite Exports and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Market Cap is 45.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Le Merite Exports's current Market Cap is ₹2,765 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 ₹33.93, compared to a current price of ₹22.09 — trading 34.9% below its estimated fair value. The current Market Cap is ₹2,765 Mil. Le Merite Exports' overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Le Merite Exports (NSE:LEMERITE), the current Market Cap is ₹2,765 Mil as of Jul. 02, 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 ₹22.09 is trading 34.9% below its estimated GF Value™ of ₹33.93.
GuruFocus considers Le Merite Exports to be Significantly Undervalued.
Key valuation signals for NSE:LEMERITE:
Market Cap: ₹2,765 Mil
GF Value™: ₹33.93 vs. price of ₹22.09 (34.9% below fair value)
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 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.
62GF Score
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