Le Merite Exports (NSE:LEMERITE) Total Operating Expense: ₹123 Mil (TTM As of Mar. 2026)


NSE:LEMERITE Le Merite Exports Ltd NSE:LEMERITE
68 GF Score
Price ₹22.69
GF Value ₹33.91
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Le Merite Exports Total Operating Expense?

Le Merite Exports NSE:LEMERITE +1.48% 68 Total Operating Expense is ₹123 Mil as of Mar. 2026. GuruFocus rates NSE:LEMERITE with a GF Score™ of 68/100 and a GF Value™ of ₹33.91 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Le Merite Exports's Total Operating Expense for the three months ended in Mar. 2026 was ₹74 Mil. Le Merite Exports's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹123 Mil.

Le Merite Exports Total Operating Expense Related Terms

Le Merite Exports Total Operating Expense Historical Data

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The historical data trend for Le Merite Exports's Total Operating Expense 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 Total Operating Expense Chart

Le Merite Exports Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Operating Expense
Get a 7-Day Free Trial 258.32 68.11 17.41 304.77 266.97

Le Merite Exports Quarterly Data
Mar19 Mar20 Mar21 Dec21 Mar22 Sep22 Mar23 Sep23 Mar24 Dec24 Mar25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.05 74.44 0.00 49.03 73.64
NSE:LEMERITE
68GF Score
Le Merite Exports Ltd NSE:LEMERITE
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Le Merite Exports Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹123 Mil.

* 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.

What does a Total Operating Expense of ₹123 Mil mean?
Le Merite Exports (NSE:LEMERITE) has a Total Operating Expense of ₹123 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Le Merite Exports and its competitors.
Is Le Merite Exports' Total Operating Expense too high?
Le Merite Exports' current Total Operating Expense is ₹123 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 Operating Expense compare to competitors?
Le Merite Exports' Total Operating Expense of ₹123 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 Operating Expense for a Manufacturing - Apparel & Accessories company?
A good Total Operating Expense depends on the Manufacturing - Apparel & Accessories industry context. However, Total Operating Expense 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 Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Le Merite Exports and its competitors. Le Merite Exports's current Total Operating Expense is ₹123 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 Operating Expense is ₹123 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 Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Le Merite Exports (NSE:LEMERITE), the current Total Operating Expense is ₹123 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 Operating Expense: ₹123 Mil
  • GF Value™: ₹33.91 vs. price of ₹22.69 (33.1% 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

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

₹22.69
Price
₹33.91
GF Value