Axita Cotton Ltd vs Le Merite Exports Ltd Stock Comparison
Axita Cotton Ltd vs Le Merite Exports Ltd Stock Comparison
Last Updated on: Jun 30, 2026
Key Highlights
The Latest Trading Price of Axita Cotton Ltd is ₹ 7.56 as of 30 Jun 15:30
. The P/E Ratio of Axita Cotton Ltd changed from 333.3 on March 2025 to 0 on March 2024 . This represents a CAGR of -100.00% over 5 yearsThe P/E Ratio of Le Merite Exports Ltd changed from 117.6 on March 2025 to 83.2 on March 2024 . This represents a CAGR of -6.69% over 5 years The Market Cap of Axita Cotton Ltd changed from ₹ 347.77 crore on March 2025 to ₹ 0 crore on March 2024 . This represents a CAGR of -100.00% over 5 yearsThe Market Cap of Le Merite Exports Ltd changed from ₹ 716.93 crore on March 2025 to ₹ 144.64 crore on March 2024 . This represents a CAGR of -27.40% over 5 years The revenue of Axita Cotton Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 0 crore. This represent the decline of 0% The revenue of Le Merite Exports Ltd for the Mar '26 is ₹ 78.41 crore as compare to the Dec '25 revenue of ₹ 75.93 crore. This represent the growth of 3.27% The ebitda of Axita Cotton Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ 0 crore. This represent the decline of 0% The ebitda of Le Merite Exports Ltd for the Mar '26 is ₹ 3.02 crore as compare to the Dec '25 ebitda of ₹ 4.47 crore. This represent the decline of -32.44% The net profit of Axita Cotton Ltd changed from ₹ 3.43 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of -100.00%
The net profit of Le Merite Exports Ltd changed from ₹ 0.24 crore to ₹ 0.86 crore over 6 quarters. This represents a CAGR of 134.17%
The Dividend Payout of Axita Cotton Ltd changed from 6.38 % on March 2022 to 0 % on March 2025 . This represents a CAGR of -100.00% over 4 yearsThe Dividend Payout of Le Merite Exports Ltd changed from 8.11 % on March 2022 to 0 % on March 2025 . This represents a CAGR of -100.00% over 4 years .
About Axita Cotton Ltd
Axita Cotton Limited was incorporated as Private Limited Company with the name 'Axita Cotton Private Limited' at Ahmedabad on July 16, 2013.
Consequent up on the conversion of the Company from Private Limited Company to Public Limited Company, the name of the Company was changed to 'Axita Cotton Limited' on October 15, 2018.
Company is in Manufacturing sector, it is engaged in Cotton Bales Manufacturing.
The Company is also involved in Trading and Export of Raw Cotton Bales, Yarn, Cotton Seeds and Agri Commodities.
Before incorporating the company, the Promoters, Mr. Nitinbhai Govindbhai Patel and Mr. Amitkumar Govindbhai Patel along with other relatives started business under a Partnership Firm named, Aditya Oil Industries in 2007.
It was formed to start business of production and trading of Seed cotton (Kapas), Cotton Seed, Cotton Seed Oil, Cotton cake etc and for which land admeasuring area of 5708 Square Meters was acquired at Chattral, Kadi Road, Mehsana.
About Le Merite Exports Ltd
Le Merite Exports Limited was originally incorporated as a Private Limited Company in name and style of 'Didwaniya Yarn Exports Private Limited' on December 24, 2003 issued by the Registrar of Companies, Maharashtra, Mumbai.
Further, name of the Company was changed to 'Le Merite Exports Private Limited' and the Assistant Registrar of Companies, Maharashtra, Mumbai issued a fresh Certificate of Incorporation dated September 02, 2004, upon change of name.
Further, Company got converted into a Public Limited Company and name of the Company was changed to 'Le Merite Exports Limited' vide a fresh Certificate of Incorporation dated July 08, 2015.
Abhishek Lath & Umashankar Lath are the Present Promoters of the Company.
Le Merite Exports Limited, is a prominent name in the cotton yarn and greige fabrics manufacturing industry.
FAQs for the comparison of Axita Cotton Ltd and Le Merite Exports Ltd
Which company has a larger market capitalization, Axita Cotton Ltd or Le Merite Exports Ltd?
Market cap of Axita Cotton Ltd is 289 Cr while Market cap of Le Merite Exports Ltd is 291 Cr
What are the key factors driving the stock performance of Axita Cotton Ltd and Le Merite Exports Ltd?
The stock performance of Axita Cotton Ltd and Le Merite Exports Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.
What are the recent stock price for Axita Cotton Ltd and Le Merite Exports Ltd?
As of June 30, 2026, the Axita Cotton Ltd stock price is INR ₹7.56. On the other hand, Le Merite Exports Ltd stock price is INR ₹23.25.
How do dividend payouts of Axita Cotton Ltd and Le Merite Exports Ltd compare?
To compare the dividend payouts of Axita Cotton Ltd and Le Merite Exports Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.