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Exim Routes Ltd (EXIMROUTES)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: EXIMROUTES Trading | Small Cap | Exim Routes Share Price

BSE Share Price
Not Listed

Exim Routes Ltd (EXIMROUTES)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: EXIMROUTES Trading | Small Cap | Exim Routes Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹218 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹2.4
TTM Sales
₹76.4 Cr.
Book Value per Share
₹9.6
P/E Ratio
48.50
Lower than its 5-year historical median
Industry PE
36
Price to Book (P/B)
12.04
Lower than its 5-year historical median
Price to Sales (P/S)
2.85
Lower than its 5-year historical median
EV/EBITDA
31.28
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
42.28%
Outperforms industry median
Return on Capital Employed (ROCE)
47.61%
Outperforms industry median
Return on Assets (ROA)
27.23%
Operating Profit Margin
25.8%
Net Profit Margin
18.52%
Gross Profit Margin
26.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
268.27%
Operating Profit Growth (1 Year)
-
325.86%
Net Profit Growth (1 Year)
-
472.58%
Asset Quality
Promoter Holding
52.64%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹9 Cr.
Equity
₹9.4 Cr.
Face Value
₹5
All Time Low / High
- / -

Exim Routes stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Exim Routes Ltd a good quality company?
Exim Routes Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Exim Routes Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Exim Routes Ltd vs industry peers?
Exim Routes Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 4.99%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Exim Routes Ltd?
Promoters hold 52.64% of the Exim Routes Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Exim Routes Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Exim Routes Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'23Mar'24Mar'25TTM
ROCE % 11.8%30.2%47.6%-
Value Creation
Index
-0.21.22.4-

Growth Parameters

Sales 12.75.219.276
Sales YoY Gr.--59.2%268.3%-
Adj EPS 0.30.52.52.4
YoY Gr.-108%380.8%-
BVPS (₹) 0.5111.39.6
Adj Net
Profit
0.30.63.44
Cash Flow from Ops. -0.22.3-5.8-
Debt/CF from Ops. -13.50.6-0.5-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANANA268.3%
Adj EPS NANANA380.8%
BVPSNANANA1055.1%
Share Price - - - -

Key Financial Parameters

Mar'23Mar'24Mar'25TTM
Return on
Equity %
53.6724122.8
Op. Profit
Mgn %
4.222.325.8NAN
Net Profit
Mgn %
2.312185.9
Debt to
Equity
5.11.20.2-
Working Cap
Days
01851530
Cash Conv.
Cycle
075620

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25
Sales13519
Operating Expenses + 12414
Manufacturing Costs600
Material Costs2112
Employee Cost 211
Other Costs 222
Operating Profit 115
Operating Profit Margin (%) 4.2%22.2%25.8%
Other Income + 000
Exceptional Items 000
Interest 000
Depreciation 000
Profit Before Tax 015
Tax 001
Profit After Tax 014
PAT Margin (%) 2.4%11.9%18.5%
Adjusted EPS (₹)0.30.52.6
Dividend Payout Ratio (%)0%0%0%

Valuation of Exim Routes - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 1116
Share Capital 007
Reserves 019
Debt +312
Long Term Debt012
Short Term Debt300
Minority Interest000
Trade Payables012
Others Liabilities 013
Total Liabilities 4422

Fixed Assets

Net Fixed Assets +010
Gross Block121
Accumulated Depreciation010
CWIP 005
Investments 011
Inventories000
Trade Receivables219
Cash Equivalents 002
Others Assets 116
Total Assets 4422

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25
Cash Flow From Operating Activity + -02-6
PBT 015
Adjustment 000
Changes in Working Capital -11-11
Tax Paid -0-0-0
Cash Flow From Investing Activity + -1-1-4
Capex -1-0-4
Net Investments -0-1-0
Others 000
Cash Flow From Financing Activity + 1-112
Net Proceeds from Shares 0011
Net Proceeds from Borrowing 012
Interest Paid -0-0-0
Dividend Paid 000
Others 1-2-0
Net Cash Flow 0-02

Financial Ratio

PARTICULARSMar'23Mar'24Mar'25
Ratios
ROE (%)54.4371.4842.28
ROCE (%)11.7730.1647.61
Asset Turnover Ratio3.171.31.47
PAT to CFO Conversion(x)N/A2-1.5
Working Capital Days
Receivable Days58.30112.3093.20
Inventory Days3.7090
Payable Days75.60145.7037.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Exim Routes Ltd FAQs

The current trading price of Exim Routes on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Exim Routes stood at ₹217.7 Cr

The latest P/E ratio of Exim Routes as of 31-Dec-1969 is 48.50.

The latest P/B ratio of Exim Routes as of 31-Dec-1969 is 12.04.

The 52-week high of Exim Routes is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Exim Routes is ₹76.40 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Exim Routes Ltd is a below average quality company.

The key valuation ratios of Exim Routes Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Exim Routes Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Exim Routes Ltd

Exim Routes was originally incorporated as a private limited company with the name of ‘Exim Routes Private Limited’ on April 23, 2019. Subsequently, the company was converted into a public limited company pursuant to a resolution passed by its Shareholders at an Extraordinary General Meeting held on August 07, 2024 and consequently the name of the company was changed to ‘Exim Routes Private Limited’ to ‘Exim Routes Limited’ on October 24, 2024. It operates as a global platform dedicated to facilitating the exchange of recyclable paper product materials, providing end-to-end services to Indian Paper Mills (Mills), ranging from sourcing/procurement of waste paper to quality assurance and logistics wastepaper to mills. To enable these operations, the company has developed the Exim Routes Intelligence System (ERIS), an AI powered B2B digital platform, designed to perform four primary functions.

Firstly, in Supply Chain Operations and Offer Management, the ERIS platform consolidates global inventory data from all its suppliers, demand offers from mills, matching and price discovery, and connects supply and demand by acting as an intermediary, enabling bidding and closing of trades. Secondly, in Customer and Partner Enablement, ERIS supports outbound communication between Exim internal teams, suppliers and customers and facilitates better tracking and wider, faster outreach. Thirdly, in Market Intelligence and Data Layer, ERIS brings together multiple internal and external data points (e.g., pricing and grade quality parameters) to enable insights and better decision making for internal teams and customers. Lastly, in Logistics Integration, ERIS supports logistics execution integrating its global network of logistics partners and freight forwarders - ensuring seamless from order to delivery.

In addition to the revenue generated through the ERIS platform, the company also engages in high-seas sales transactions, acting as an intermediary buyer in the trade of waste paper, which is supplied to Indian paper mills for use as raw material in the production of finished products. Secondly, the company conducts a small volume of domestic trading, which involves purchasing recyclable paper from the domestic Indian market and selling it to local mills. Furthermore, the company provides services to select suppliers and foreign subsidiaries of the company, supporting their operations. Additionally, it offers the sale and subscription of the ERIS platform to a select group of mills.

Business area of the company

The company operates as a global platform enabling the exchange of recyclable paper materials, offering end-to-end services to Indian Paper Mills from sourcing to logistics. Central to this, is its AI-powered B2B platform, the Exim Routes Intelligence System (ERIS). ERIS streamlines supply chain operations through global inventory matching and price discovery, enables efficient customer and communication, delivers actionable insights via integrated market intelligence, and ensures seamless logistics execution with its freight partners. By consolidating data ERIS empowers decisions, transactions, and optimized supply and demand.

Products of the company

White Grades

  • Sorted Office Paper (SOP)
  • Hard White Shavings (HWS)
  • Cupstock
  • Tissue Paper

Brown Grades

  • Old Corrugated Containers (OCC)
  • Mix Paper
  • Cores
  • BBC

Mechanical Grades

  • News Papers
  • Magazines

Services provided by the company's ERIS platform

  • Supply Chain Operations and Offer Management
  • Customer and Partner Enablement
  • Market Intelligence and Data Layer
  • Logistics Integration

Awards and recognition

  • 2022: Indian Achievers’ Award 2022 in the Emerging Company category at the 63rd National Summit & Awards on ‘Role of CSR in Nation Building’

History and milestones

  • 2019: Incorporation of Company
  • 2022: Participated as Exhibitor at Paperex 2022
  • 2023: Participated in Paperex World Largest Paper Show 2023
  • 2024: EXIM Routes launched ERIS (Exim Routes Intelligence Service) platform
  • 2024: Alteration of Name clause of Memorandum of Association and subsequently the company was converted from Private Limited Company into Public Company

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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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