Le Merite Exports (NSE:LEMERITE) Scaled Net Operating Assets: N/A (As of Mar. 2026)


NSE:LEMERITE Le Merite Exports Ltd NSE:LEMERITE
68 GF Score
Price ₹22.03
GF Value ₹33.92
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Le Merite Exports Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Le Merite Exports's operating assets for the quarter that ended in Mar. 2026 was ₹1,730 Mil. Le Merite Exports's operating liabilities for the quarter that ended in Mar. 2026 was ₹333 Mil. Le Merite Exports's Total Assets for the quarter that ended in Dec. 2025 was ₹0 Mil. Therefore, Le Merite Exports's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.

Le Merite Exports Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Le Merite Exports's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Le Merite Exports Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.48 0.76 0.68 0.81 0.59

Le Merite Exports Quarterly Data
Mar19 Mar20 Mar21 Dec21 Mar22 Sep22 Mar23 Sep23 Mar24 Dec24 Mar25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.68 0.00 0.00

Le Merite Exports Scaled Net Operating Assets Competitor Comparison

For the Textile Manufacturing subindustry, Le Merite Exports's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Le Merite Exports's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Le Merite Exports's Scaled Net Operating Assets falls into.


NSE:LEMERITE
68GF Score
Le Merite Exports Ltd NSE:LEMERITE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Le Merite Exports Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Le Merite Exports's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(1729.849-333.124)/2378.015
=0.59

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2587.079 - 857.23
=1729.849

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1237.767 - 64.807 - 839.836
=333.124

Le Merite Exports's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(1729.849-333.124)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2587.079 - 857.23
=1729.849

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1237.767 - 64.807 - 839.836
=333.124

* 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.

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 ₹22.03 is trading 35.1% below its estimated GF Value™ of ₹33.92. GuruFocus considers Le Merite Exports to be Significantly Undervalued.

Key valuation signals for NSE:LEMERITE:

  • Scaled Net Operating Assets: N/A
  • GF Value™: ₹33.92 vs. price of ₹22.03 (35.1% below fair value)
  • GF Score™: 68/100 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.
68GF Score

Get the complete analysis for NSE:LEMERITE

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹22.03
Price
₹33.92
GF Value