What we do Le Merite Exports Ltd manufactures and exports high-quality cotton yarn, greige and finished fabrics. It serves global textile and defense sectors with certified sustainable products. |
Founded in 2,003 |
Market share Recognized 3 Star Export House; exports over 20,000 tons of yarn annually and expanding into defense sector textile supply. |
Problem solved Supplying reliable, sustainable textile raw materials and advanced products to textile manufacturers and defense customers. |
Top clients or who we serve Yarn importing countries globally; newly serving defense, paramilitary, railways, and government hospitals (B2B). |
Key management Abhishek Lath (Managing Director & CFO), Umashankar Lath (Chairman & Managing Director) |
Our journey and innovations Founded 2003, IPO in 2022, diversified into defense textiles in 2024 with DRDO license, plus certifications in sustainability. |
Where we operate Primarily India with exports worldwide; growth into Indian defense, paramilitary, and government sectors. |
Top products or what we offer Cotton yarn (compact, combed, carded), greige fabric, finished fabric, advanced textile solutions for defense. |
Top brands Le Merite brand known internationally for cotton yarn and fabric; newly launched defense textile line. |
Raw materials needed Cotton bales and related textile raw materials. |
Raw materials supplier Sourced locally from cotton growing regions in Maharashtra and other suppliers. |
Recurring vs cyclical contribution Revenue largely cyclical linked to agricultural cotton cycles and government contracts growth. |
Our industry position Leading exporter in cotton yarn segment; emerging competitively in defense textiles market. |
Financial highlights Revenue Rs. 524.94 Cr, Net Profit Rs. 6.1 Cr for FY 2024-25; showing growth from previous year. |
Geographical revenue split Majority India domestic operations with significant exports to yarn-importing countries globally. |
Order book Secured defense orders worth Rs. 50 crore, with ongoing participation in government tenders. |
Whats driving growth Diversification into defense textiles, sustainable certifications, strong export demand, and government contracts. |
Our future plans Expand defense textiles portfolio, increase production capacity, deepen government and export market presence. |
Our green promise ISO 9001:2015, OEKO-TEX Standard 100, GOTS certified; member of Better Cotton Initiative fostering sustainability. |
Our people and values Commitment to ethical practices, employee training, diversity, inclusion and workplace safety. |
Key challenges ahead Volatile cotton prices, competitive export markets, and ramping defense segment capabilities. |
Interesting facts Only textile company with recent DRDO license pivoting into specialized defense sector manufacturing. |
Risks and strategy Mitigating raw material volatility, scaling production, and aligning with government procurement norms. |
