Le Merite Exports's Total Assets for the quarter that ended in Mar. 2026 was ₹2,587 Mil.
Warning Sign:
If a company builds assets at 11.6% a year, faster than its revenue growth rate of 5.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Le Merite Exports's average Total Assets Growth Rate was -5.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 2.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 11.60% per year.
During the past 8 years, Le Merite Exports's highest 3-Year average Total Assets Growth Rate was 53.50%. The lowest was 2.80%. And the median was 22.10%.
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Le Merite Exports's Asset Turnover for the quarter that ended in Mar. 2026 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Le Merite Exports Total Assets Related Terms
Le Merite Exports Total Assets Historical Data
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The historical data trend for Le Merite Exports's Total 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Le Merite Exports's Total Assets 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 Total Assets of ₹2,587 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Le Merite Exports and its competitors.
Is Le Merite Exports' Total Assets too high?
Le Merite Exports' current Total Assets is ₹2,587 Mil. Overall, Le Merite Exports has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Le Merite Exports' Total Assets compare to competitors?
Le Merite Exports' Total Assets of ₹2,587 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 Total Assets for a Manufacturing - Apparel & Accessories company?
A good Total Assets depends on the Manufacturing - Apparel & Accessories industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Le Merite Exports and its competitors. Le Merite Exports's current Total Assets is ₹2,587 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 ₹33.91, compared to a current price of ₹22.69 — trading 33.1% below its estimated fair value. The current Total Assets is ₹2,587 Mil. Le Merite Exports' overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Le Merite Exports (NSE:LEMERITE), the current Total Assets is ₹2,587 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 ₹22.69 is trading 33.1% below its estimated GF Value™ of ₹33.91.
GuruFocus considers Le Merite Exports to be Significantly Undervalued.
Key valuation signals for NSE:LEMERITE:
Total Assets: ₹2,587 Mil
GF Value™: ₹33.91 vs. price of ₹22.69 (33.1% 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.
68GF Score
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