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 Balance Sheet  
Le Merite Exports Ltd.
 
BSE Code
ISIN Demat INE0G1L01025
Book Value 10.93
NSE Code LEMERITE
Dividend Yield % 0.00
Market Cap 3329.47
P/E 30.24
EPS 0.88
Face Value 2  
Type
(Rs. in Million)
ParticularsMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
EQUITY AND LIABILITIES0  0  0  0  0  
Share Capital242.99  234.81  234.81  170.81  17.08  
    Equity - Authorised350.00  250.00  250.00  250.00  50.00  
    Equity - Issued242.99  234.81  234.81  170.81  17.08  
    Equity Paid Up242.99  234.81  234.81  170.81  17.08  
    Equity Shares Forfeited0.00  0.00  0.00  0.00  0.00  
    Adjustments to Equity0.00  0.00  0.00  0.00  0.00  
    Preference Capital Paid Up0.00  0.00  0.00  0.00  0.00  
    Face Value10.00  10.00  10.00  10.00  10.00  
Share Warrants & Outstandings24.67  0.00  0.00  0.00  0.00  
Total Reserves870.70  705.13  702.41  284.05  227.19  
    Securities Premium510.57  398.97  398.97  0.00  0.00  
    Capital Reserves0.00  0.00  0.00  0.00  0.00  
    Profit & Loss Account Balance360.13  306.16  303.45  284.05  227.19  
    General Reserves0.00  0.00  0.00  0.00  0.00  
    Other Reserves0.00  0.00  0.00  0.00  0.00  
Reserve excluding Revaluation Reserve870.70  705.13  702.41  284.05  227.19  
Revaluation reserve0.00  0.00  0.00  0.00  0.00  
Shareholder's Funds1138.36  939.94  937.22  454.86  244.27  
Minority Interest-11.91  -19.57  -19.59  0.28  0.00  
Long-Term Borrowings0.00  0.00  0.00  0.00  0.00  
Secured Loans3.61  4.86  7.74  10.43  1.83  
    Non Convertible Debentures0.00  0.00  0.00  0.00  0.00  
    Converible Debentures & Bonds0.00  0.00  0.00  0.00  0.00  
    Packing Credit - Bank0.00  0.00  0.00  0.00  0.00  
    Inter Corporate & Security Deposit0.00  0.00  0.00  0.00  0.00  
    Term Loans - Banks0.00  0.00  0.00  0.00  0.00  
    Term Loans - Institutions0.00  0.00  0.00  0.00  0.00  
    Other Secured3.61  4.86  7.74  10.43  1.83  
Unsecured Loans123.59  48.00  41.17  5.07  10.69  
    Fixed Deposits - Public0.00  0.00  0.00  0.00  0.00  
    Loans and advances from subsidiaries0.00  0.00  0.00  0.00  0.00  
    Inter Corporate Deposits (Unsecured)0.00  0.00  0.00  0.00  0.00  
    Foreign Currency Convertible Notes0.00  0.00  0.00  0.00  0.00  
    Long Term Loan in Foreign Currency0.00  0.00  0.00  0.00  0.00  
    Loans - Banks0.00  0.00  0.00  0.00  0.00  
    Loans - Govt.0.00  0.00  0.00  0.00  0.00  
    Loans - Others123.59  48.00  41.17  5.07  10.69  
    Other Unsecured Loan0.00  0.00  0.00  0.00  0.00  
Deferred Tax Assets / Liabilities-0.68  -0.99  -0.64  -0.08  0.20  
    Deferred Tax Assets0.68  0.99  0.64  0.08  0.00  
    Deferred Tax Liability0.00  0.00  0.00  0.00  0.20  
Other Long Term Liabilities0.00  0.00  0.00  0.00  0.00  
Long Term Trade Payables0.00  0.00  0.00  0.00  0.00  
Long Term Provisions3.09  2.42  1.86  1.71  0.00  
Total Non-Current Liabilities129.60  54.29  50.12  17.12  12.72  
Current Liabilities0  0  0  0  0  
Trade Payables195.60  127.74  219.15  191.45  118.14  
    Sundry Creditors195.60  127.74  219.15  191.45  118.14  
    Acceptances0.00  0.00  0.00  0.00  0.00  
    Due to Subsidiaries- Trade Payables0.00  0.00  0.00  0.00  0.00  
Other Current Liabilities26.17  13.15  23.18  117.57  70.67  
    Bank Overdraft / Short term credit0.00  0.00  0.00  0.00  0.00  
    Advances received from customers14.80  4.26  13.93  99.50  9.72  
    Interest Accrued But Not Due0.00  0.00  0.00  0.00  0.00  
    Share Application Money0.00  0.00  0.00  0.00  0.00  
    Current maturity of Debentures & Bonds0.00  0.00  0.00  0.00  0.00  
    Current maturity - Others0.00  0.00  0.00  0.00  0.00  
    Other Liabilities11.37  8.89  9.24  18.07  60.95  
Short Term Borrowings898.60  865.35  809.33  980.84  471.10  
    Secured ST Loans repayable on Demands898.60  865.35  809.33  980.84  471.10  
    Working Capital Loans- Sec898.60  865.35  809.33  980.84  471.10  
    Buyers Credits - Unsec0.00  0.00  0.00  0.00  0.00  
    Commercial Borrowings- Unsec0.00  0.00  0.00  0.00  0.00  
    Other Unsecured Loans-898.60  -865.35  -809.33  -980.84  -471.10  
Short Term Provisions0.93  0.31  0.17  4.75  3.87  
    Proposed Equity Dividend0.00  0.00  0.00  0.00  0.00  
    Provision for Corporate Dividend Tax0.00  0.00  0.00  0.00  0.00  
    Provision for Tax0.01  0.00  0.00  4.45  3.87  
    Provision for post retirement benefits0.00  0.00  0.00  0.00  0.00  
    Preference Dividend0.00  0.00  0.00  0.00  0.00  
    Other Provisions0.92  0.31  0.17  0.31  0.00  
Total Current Liabilities1121.29  1006.54  1051.82  1294.61  663.78  
Total Liabilities2377.33  1981.19  2019.58  1766.87  920.77  
ASSETS0  0  0  0  0  
Gross Block162.74  58.31  57.66  56.15  37.75  
Less: Accumulated Depreciation49.05  37.29  32.63  26.57  21.55  
Less: Impairment of Assets0.00  0.00  0.00  0.00  0.00  
Net Block113.69  21.02  25.03  29.58  16.20  
Lease Adjustment A/c0.00  0.00  0.00  0.00  0.00  
Capital Work in Progress0.00  83.18  69.67  0.00  0.00  
Non Current Investments19.27  10.76  10.76  10.76  10.76  
Long Term Investment19.27  10.76  10.76  10.76  10.76  
    Quoted1.34  0.00  0.00  0.00  0.00  
    Unquoted17.93  10.76  10.76  10.76  10.76  
Long Term Loans & Advances25.38  33.41  74.18  23.93  18.42  
Other Non Current Assets0.00  0.00  0.00  0.00  0.00  
Total Non-Current Assets158.34  148.37  179.64  64.27  45.39  
Current Assets Loans & Advances0  0  0  0  0  
Currents Investments16.25  11.37  8.98  7.02  6.28  
    Quoted16.25  11.37  8.98  7.02  6.28  
    Unquoted0.00  0.00  0.00  0.01  0.01  
Inventories111.29  176.64  180.39  125.68  101.34  
    Raw Materials0.00  0.00  4.05  3.85  0.00  
    Work-in Progress3.43  41.09  3.43  2.90  0.00  
    Finished Goods0.00  0.00  0.00  0.00  0.00  
    Packing Materials0.00  0.00  0.00  0.00  0.00  
    Stores  and Spare0.00  0.00  0.00  0.00  0.00  
    Other Inventory107.86  135.54  172.91  118.94  101.34  
Sundry Debtors1157.58  889.71  919.66  1268.19  585.01  
    Debtors more than Six months154.70  85.94  90.99  6.09  8.93  
    Debtors Others1002.88  803.77  828.67  1262.10  576.08  
Cash and Bank537.80  449.59  419.96  82.46  79.56  
    Cash in hand3.30  2.82  2.43  0.03  0.14  
    Balances at Bank534.50  446.77  417.53  82.42  79.41  
    Other cash and bank balances0.00  0.00  0.00  0.00  0.00  
Other Current Assets67.58  44.85  36.79  29.07  47.21  
    Interest accrued on Investments0.00  0.00  0.00  0.87  1.14  
    Interest accrued on Debentures0.00  0.00  0.00  0.00  0.00  
    Deposits with Government0.00  0.00  0.00  0.00  0.00  
    Interest accrued and or due on loans0.00  0.00  0.00  0.00  0.00  
    Prepaid Expenses0.00  0.00  0.00  0.00  0.00  
    Other current_assets67.58  44.85  36.79  28.20  46.07  
Short Term Loans and Advances328.50  260.67  274.16  190.19  55.98  
    Advances recoverable in cash or in kind211.81  150.95  189.53  113.48  51.54  
    Advance income tax and TDS2.17  6.67  2.64  0.00  0.00  
    Amounts due from directors0.00  0.00  0.00  0.00  0.00  
    Due From Subsidiaries0.00  0.00  0.00  0.00  0.00  
    Inter corporate deposits0.00  0.00  0.00  0.00  0.00  
    Corporate Deposits0.00  0.00  0.00  0.00  0.00  
    Other Loans & Advances114.52  103.05  81.99  76.70  4.44  
Total Current Assets2219.00  1832.82  1839.93  1702.60  875.38  
Net Current Assets (Including Current Investments)1097.71  826.28  788.11  407.99  211.61  
Miscellaneous Expenses not written off0.00  0.00  0.00  0.00  0.00  
Total Assets2377.33  1981.19  2019.58  1766.87  920.77  
Contingent Liabilities40.91  40.91  0.00  2.48  0.00  
Total Debt1029.32  921.08  860.90  998.80  539.94  
Book Value45.83  40.03  39.91  26.63  143.01  
Adjusted Book Value9.17  8.01  7.98  5.33  2.86  
 
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