Exim Routes Ltd. (EXIMROUTES)
SME CapIndustrials stocks · SME cap · NSE
Exim Routes Ltd. (EXIMROUTES) is an Indian listed company. The provided document is a cover letter for an investor presentation and contains no further company description or operational details.
One read, four checks
75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.
Mixed fundamentals, management trust is acceptable, price trend is neutral, and recent execution is mixed.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
low confidence · 0/0 claims checked
Timing lens: price trend and sector relative strength.
Rolling lens: recent quarterly delivery, not the latest single-result score.
Quarter ended 31 Mar 2026
Average · 30/100YoY data unavailable — classification deferred
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹114 Cr | NDF | +22.6% |
| EBITDA | ₹10 Cr | +66.7% | +150.0% |
| Operating margin | 9.0% | +0 bps | +510 bps |
| PAT | ₹7 Cr | NDF | +133.3% |
| PAT margin | 6.1% | -62 bps | +291 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Business & thesis
Growth engines, tailwinds/headwinds, and risk radar from management commentary
Business & thesis
Growth engines, tailwinds/headwinds, and risk radar from management commentary
Where growth can come from, and what can break the case
Q4 FY26 results presentation submitted, but no financial or operational results are disclosed in the provided document.
The provided document is merely a cover letter for an investor presentation. It contains no financial results, operational KPIs, management commentary, or future outlook, making any assessment of the investment thesis impossible based on this document.
Management accountability
What management said, and what results must prove
Management accountability
What management said, and what results must prove
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
The provided document is a cover letter and does not contain any financial or operational data to establish a relevant comparison basis (YoY, QoQ, or Both).
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trend score and candlestick chart
45NeutralMACD − · near 52W low
Technical chart
EXIMROUTESdaily · 1Y · AUTO-30.4%Daily history is available from 2025-12-19; the requested 1Y window is partially covered.
Daily technical trend read
Bearish setupTrend is weak — long-term trend unclear. RSI 46.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 46 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 62% off 52W high · 19% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation & score drivers
U-Score 58 · FAIR VALUE · pillar breakdown, sector model, fair-value anchor
Valuation & score drivers
U-Score 58 · FAIR VALUE · pillar breakdown, sector model, fair-value anchor
Fundamental score breakdown
FAIR VALUEWhy this score?
Top U-Score contributors and drags from the latest stored fundamentals.
Positive drivers
- Fair-value margin of safety is positive at 50.2%.
- Growth contributes 25/25 to the score.
- Quality contributes 13/20 to the score.
Main drags
- Penalty bucket subtracts 2 points.
- Cash flow is weaker at 0/10; verify the latest quarterly trend.
- Valuation is weaker at 10/30; verify the latest quarterly trend.
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Score history
12 stored score snapshots. Latest stored move: +0 points.
Factor attribution
Modelled fair value
Trust score
Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth
Trust score
Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Mixed Trust: Claim history is still being built. It ranks around the 45th percentile of the scored universe and 44th percentile within Industrials. Main check: cash conversion is weak at 28/100.
Healthy Trust Lite: Promoter pledge is zero. Key concern: Operating cash flow is negative at ₹-19 Cr.
Usable, but needs evidence. Treat guidance with a margin of safety.
overall median 67 · Industrials: 44th pctile, median 68 · SME: 56th pctile, median 64
2 documents have extracted text, but claim history is not strong enough yet.
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Mixed Trust · low confidenceRead Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Trust positives
- ▸Promoter pledge is zero.
- ▸ROCE is 25%.
Trust risks
- ▸Operating cash flow is negative at ₹-19 Cr.
- ▸Only 0 years of positive FCF.
- ▸ROCE trend is -28%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Financials
Full fundamentals table and 10-year revenue / profit / ROE history
Financials
Full fundamentals table and 10-year revenue / profit / ROE history
Fundamentals
Valuation
- P/E
- 19.70
- P/B
- 2.92
- EV/EBITDA
- 15.50
- Market Cap
- 201.00Cr
Profitability
- ROE
- 22.60%
- ROCE
- 25.00%
- ROA
- 9.26%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 125.00%
- EPS 5Y
- 190.00%
- Revenue 3Y
- 78.00%
- EPS 3Y
- 202.00%
Balance Sheet
- Debt/Equity
- 0.24
- Interest Coverage
- 14.00×
- Altman Z
- 6.35
- Book Value
- 36.70
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- -19.00 Cr
- EPS TTM
- 5.43
Shareholding
- Promoter Hold
- 52.64%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 9%
Financial History
Updated 5/9/2026
Revenue
₹ CrNet Profit
₹ CrReturn on Equity
%Peers
Business-comparable names in Industrials, ranked by similarity
Peers
Business-comparable names in Industrials, ranked by similarity
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.