Is Le Merite Exports Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Le Merite Exports Ltd (LEMERITE.NS) is currently classified as HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Le Merite Exports Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Le Merite Exports Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Le Merite Exports Ltd?

Muslim investors may consider investing in Le Merite Exports Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Le Merite Exports Ltd classified as HALAL?

Musaffa determines the Shariah status of Le Merite Exports Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Le Merite Exports Ltd updated?

The Shariah compliance status of Le Merite Exports Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Le Merite Exports Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Le Merite Exports Ltd?

You can check the latest Shariah compliance status of Le Merite Exports Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Le Merite Exports Ltd LEMERITE.NS

₹470.05 ₹26.65 (6.01%) 1D

Last Updated: May 15, 12:00 AM·NSE

LEMERITE.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 05, 2026

Report Source: 2026 3rd Quarter Report

Le Merite Exports Ltd. Stock Analysis LEMERITE.NS

India Consumer Discretionary Micro Cap Report: Q3, 2026

Le Merite Exports Ltd. engages in the provision of manufacturing and trading of textile products. The company is headquartered in Mumbai, Maharashtra and currently employs 25 full-time employees. The company went IPO on 2022-05-09. The firm's products include yarn, greige fabrics and organic (Gots). Its yarn products include 100% cotton yarn, and cotton blended & synthetic yarns. The company provides a full range of sustainable cotton yarn (100% organic cotton, organic in conversion, blend of minimum 5% organic, BCI, recycled cotton (GRS)/ RCS, fair-trade). Its 100% cotton yarn products include ring spun carded, combed & compact - Ne 8/1 To Ne 60/1, open end - OE 6/1 To OE 30/1, and TFO: Ne 10/2 To Ne 40/2 (ring spun & OE). Its cotton blended & synthetic yarn products include CVC 60/40, polyester: cotton 65/35, 52/48, 100% viscose and polyester viscose 65/35. Its fabrics conform to American four-point system of checking. The firm exports to various countries, including United States, China, Turkey, Egypt, Bangladesh, Portugal, South Korea, Spain, Italy, Vietnam, Thailand, and Peru.

Key Statistics of Le Merite Exports Ltd (LEMERITE.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹439.55₹475.00

Today's Open

₹443.40

Volume

146.80K

P/E Ratio (TTM)

179.31

52 Week Range

₹288.20₹537.85

Market Cap

11.20B

Avg. Volume

76.38K

Dividend Yield

0.04%

Financial Metrics & Statements of Le Merite Exports Ltd (LEMERITE.NS)

FAQ's for Le Merite Exports Ltd (LEMERITE.NS)

According to Musaffa’s Shariah screening methodology, Le Merite Exports Ltd (LEMERITE.NS) is currently classified as HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.