MoneyWorks4Me

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
₹179 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹5.4
TTM Sales
₹207 Cr.
Book Value per Share
₹36.7
P/E Ratio
17.60
Lower than its 5-year historical median
Industry PE
37.5
Price to Book (P/B)
2.61
Lower than its 5-year historical median
Price to Sales (P/S)
0.86
Lower than its 5-year historical median
EV/EBITDA
12.83
Lower than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
22.61%
Outperforms industry median
Return on Capital Employed (ROCE)
26.67%
Outperforms industry median
Return on Assets (ROA)
13.10%
Operating Profit Margin
8.5%
Net Profit Margin
4.91%
Gross Profit Margin
6.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
268.27%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
40.45%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
34.83%
Asset Quality
Promoter Holding
52.64%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹59 Cr.
Equity
₹9.4 Cr.
Face Value
₹5
All Time Low / High
₹0.00 / 0.00

Exim Routes stock performance

Key Ratios
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Valuation

Undervalued

Price Trend

Weak
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 0.00%, indicating stable growth and maintaining 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 :

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%378.9%-
BVPS (₹) ⓘ0.5111.330.6
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 ⓘNANANA378.9%
BVPSⓘNANANA1055.1%
Share Price - - - -

Key Financial Parameters ⓘ

Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ
53.67240.911.4
Op. Profit
Mgn % ⓘ
4.222.325.8NAN
Net Profit
Mgn % ⓘ
2.31217.95.9
Debt to
Equity ⓘ
5.11.20.2-
Working Cap
Days ⓘ
01851530
Cash Conv.
Cycle ⓘ
075620

Valuation of Exim Routes - Consolidated

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!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

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

Financials

PARTICULARSMar'23Mar'24Mar'25Mar'26
Sales3672121207
Operating Expenses ⓘ + 3667110193
Manufacturing Costs123926
Material Costs196097161
Employee Cost 2112
Other Costs ⓘ 3334
Operating Profit ⓘ 151014
Operating Profit Margin (%) 1.8%6.7%8.5%7.0%
Other Income ⓘ + 0100
Exceptional Items ⓘ 0000
Interest ⓘ 0012
Depreciation ⓘ 0000
Profit Before Tax ⓘ 051013
Tax ⓘ 0123
Profit After Tax 04810
PAT Margin (%) 1.0%5.9%6.3%4.9%
Adjusted EPS (₹)0.32.54.95.5
Dividend Payout Ratio (%)0%0%0%0%
PARTICULARSMar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 142169
Share Capital ⓘ 0.100.106.899.38
Reserves ⓘ 141459
Debt +34415
Long Term Debt0121
Short Term Debt33214
Minority Interest0120
Trade Payables2101618
Others Liabilities ⓘ 1256
Total Liabilities ⓘ 72047108

Fixed Assets

Net Fixed Assets ⓘ +01010
Gross Block12110
Accumulated Depreciation0100
CWIP ⓘ 0057
Investments ⓘ 0000
Inventories0001
Trade Receivables4173359
Cash Equivalents 11217
Others Assets ⓘ 22715
Total Assets ⓘ 72047108
PARTICULARSMar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + -0-1-5-19
PBT ⓘ 051013
Adjustment ⓘ 0-001
Changes in Working Capital ⓘ -1-6-15-31
Tax Paid ⓘ -0-0-0-2
Cash Flow From Investing Activity ⓘ + -1-1-4-13
Capex -1-1-4-11
Net Investments 0000
Others ⓘ 000-2
Cash Flow From Financing Activity ⓘ + 121148
Net Proceeds from Shares ⓘ 001137
Net Proceeds from Borrowing ⓘ 0121
Interest Paid ⓘ -0-0-0-1
Dividend Paid ⓘ 0000
Others ⓘ 11-210
Net Cash Flow ⓘ 10215
PARTICULARSMar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)59.62195.2860.4622.61
ROCE (%)15.5487.6860.9926.67
Asset Turnover Ratio5.555.323.552.67
PAT to CFO Conversion(x)N/A-0.25-0.63-1.9
Working Capital Days
Receivable Days39.3052.807580.50
Inventory Days1.300.700.501
Payable Days46.9037.1047.3038.70

Top 5 Mutual Funds Holding

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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 ₹179.2 Cr

The latest P/E ratio of Exim Routes as of 31-Dec-1969 is 39.91.

The latest P/B ratio of Exim Routes as of 31-Dec-1969 is 3.13.

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 Undervalued 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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