Exim Routes Limited (EXIMROUTES)
EXIMROUTES delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 75.0% of the EXIMROUTES shares traded on NSE were taken to delivery, against the stock's own 20-session average of 93.66%. That is lower than usual for this stock. Turnover was only ₹6 lakh, so a handful of trades can move this figure. Volume was 0.2 times its average, well below normal.
Delivery in the last 5 sessions: 80.0% · 100.0% · 88.9% · 100.0% · 75.0%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Exim Routes Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate received from Registrar and Share Transfer Agent Maashitla Securities Private Limited confirms that security certificates received for dematerialisation were processed and confirmed to depositories within 15 days. This is a purely procedural quarterly statutory filing with no impact on business operations or financials.
- Regulation 74(5) certificate submitted for the quarter ended September 30, 2026
- Issued by RTA Maashitla Securities Private Limited on October 01, 2026
- Dematerialisation confirmations and certificate cancellations processed within the mandated 15 days
Shareholders of Exim Routes Limited approved the re-appointment of promoter and Executive Director Mr. Manish Goyal at the 7th AGM held on September 30, 2026. Mr. Goyal, who retired by rotation, continues in his executive role without any break in his office. He has served as a director since incorporation in April 2019, CEO since January 2025, and Executive Director since April 2025. This constitutes a routine AGM ratification of an existing promoter-executive.
- Re-appointment approved at the 7th Annual General Meeting held on September 30, 2026
- Effective immediately from September 30, 2026, without any break in office tenure
- Mr. Manish Goyal has been a director since incorporation on 23 April 2019 and CEO since 7 January 2025
- He possesses over 16 years of industry experience specializing in the Pulp and Paper sector
Exim Routes Limited has issued a revised notice for its 7th Annual General Meeting (AGM), postponing the meeting date from September 23, 2026 to September 30, 2026. The revision rectifies an inadvertent omission in the original notice by adding the re-appointment of Director Manish Goyal upon retirement by rotation. The agenda also includes approving Shubham Sinha & Associates as Secretarial Auditor for a 5-year term (FY27 to FY31) and supplementary disclosures for the Exim Routes ESOP Plan 2025 to address NSE observations. Remote e-voting is scheduled from September 27 to September 29, 2026, against a cut-off date of September 23, 2026.
- 7th AGM rescheduled from September 23, 2026 to September 30, 2026 via Video Conferencing.
- Incorporated omitted resolution for re-appointment of Director Manish Goyal retiring by rotation.
- Proposed appointment of Shubham Sinha & Associates as Secretarial Auditor for 5 years (FY27 to FY31).
- Remote e-voting period set from September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM) with cut-off date on September 23, 2026.
Exim Routes Limited has announced a rescheduling of its Seventh Annual General Meeting (7th AGM). Originally scheduled for Wednesday, 23rd September, 2026 at 03:00 P.M., the AGM will now take place on Wednesday, 30th September, 2026 at 03:00 P.M. through Video Conferencing/Other Audio Visual Means. The Board of Directors approved the revised AGM notice during its meeting held on 06th September, 2026.
- 7th AGM rescheduled to Wednesday, 30th September, 2026 at 03:00 P.M.
- Original AGM date was Wednesday, 23rd September, 2026 at 03:00 P.M.
- Board approved revised Notice of the 7th AGM for circulation to members
- Meeting conducted on 06th September, 2026 from 08:00 P.M. to 09:30 P.M.
Exim Routes Limited has issued the notice for its 7th Annual General Meeting (AGM) scheduled for September 23, 2026, via video conferencing. Key agenda items include the adoption of FY26 audited standalone and consolidated financial statements, appointment of Shubham Sinha & Associates as Secretarial Auditor for a 5-year term (FY27 to FY31), and approval of additional disclosures for the Exim Routes ESOP Plan 2025 to address queries raised by NSE. Remote e-voting is scheduled to run from September 20, 2026, to September 22, 2026, with the cut-off date fixed as September 16, 2026.
- 7th Annual General Meeting scheduled for September 23, 2026, at 03:00 PM IST via VC/OAVM
- Remote e-voting window opens on September 20, 2026 (09:00 AM) and closes on September 22, 2026 (05:00 PM)
- Cut-off date to determine member voting eligibility is September 16, 2026
- Special business includes 5-year appointment of Secretarial Auditor from FY2026–27 to FY2030–31
- Shareholder approval sought for additional ESOP Plan 2025 disclosures per SEBI SBEB norms post NSE queries
Exim Routes Limited has rescheduled its 7th Annual General Meeting from September 18, 2026, to September 23, 2026, at 3:00 PM IST via video conferencing. The Board also approved presenting the 'Exim Routes ESOP Plan 2025' to shareholders for approval or ratification. This follows corrective actions and compliance alignment under SEBI (SBEB) Regulations to address observations raised by the National Stock Exchange (NSE).
- 7th AGM rescheduled from September 18, 2026, to September 23, 2026, at 3:00 PM IST
- Meeting to be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM)
- Board approved placing 'Exim Routes ESOP Plan 2025' before members for approval/ratification
- Corrective disclosures undertaken to comply with SEBI SBEB Regulations and address NSE queries
Exim Routes Limited has informed the exchange that its 7th Annual General Meeting (AGM), previously scheduled for Friday, September 18, 2026, has been rescheduled. The company cited unavoidable administrative and scheduling considerations for the deferral. A Board of Directors meeting has been scheduled to approve and finalize the revised date and schedule. The updated AGM details will be communicated to the stock exchange and shareholders post-board approval.
- 7th Annual General Meeting has been postponed due to administrative and scheduling considerations
- Original AGM date was scheduled for Friday, September 18, 2026 via VC/OAVM
- Board meeting to be held to approve the revised AGM schedule and relevant details
Exim Routes Limited has approved a proposed investment in M/s. Rikhian International FZ LLC, a Free Zone LLC incorporated in the UAE, in one or more tranches. A Share Subscription Agreement will be executed with the existing shareholders of the investee company, though deal size and acquired stake were not disclosed in this filing. Additionally, the Board scheduled the 7th AGM for September 18, 2026, and recommended the appointment of Secretarial Auditors for a 5-year tenure from FY 2026-2027 to FY 2030-2031.
- Proposed investment in UAE-based M/s. Rikhian International FZ LLC in one or more tranches
- Share Subscription Agreement to be entered with existing shareholders of Rikhian International
- 7th Annual General Meeting convened for Friday, 18 September 2026 via VC/OAVM
- Recommended appointment of M/s Shubham Sinha & Associates as Secretarial Auditor for 5 years (FY27 to FY31)
Exim Routes reported a 40% YoY growth in monthly trade volumes, reaching 10,000 MT in Q1 FY27 despite macro headwinds. The company secured a ₹20 Cr debt facility from Axis Bank, with ₹15 Cr already disbursed to fuel operations. Expansion into Europe is progressing with 2 new mills and 2 yards onboarded. Additionally, the company is launching two new tech platforms, ERIS Supplier Pro and Freights Pro, into public beta in the July-September 2026 quarter.
- Monthly trade volume scaled to 10,000 MT, a 40% increase compared to Q1 FY26.
- Secured a ₹20 Cr debt facility from Axis Bank with ₹15 Cr already disbursed.
- Onboarded 2 new mills and 2 new yards in Europe to strengthen global sourcing.
- Established a ₹2.5 Cr invoice financing facility with Credlix, with ₹50 lacs disbursed.
- Public beta launch of ERIS Supplier Pro and Freights Pro scheduled for JAS FY'27.
Financial Performance
Revenue Growth by Segment
The company operates a tiered subscription model: the 'Hobby Investor' segment at ₹0/year and the 'Active Investor' segment at ₹4,999/year. Specific YoY growth percentages for these segments are not disclosed in available documents.
Geographic Revenue Split
100% of operations and revenue are concentrated in India, as evidenced by the 'Made with love in India' branding and the inclusion of GST in the ₹4,999 subscription price.
Operational Drivers
Raw Materials
Financial data feeds (representing approximately 85-90% of core service inputs) and cloud computing/server infrastructure.
Import Sources
Domestic sourcing of financial data from providers within India.
Key Suppliers
C-MOTS Internet Technologies Pvt Ltd is the primary supplier of financial data feeds.
Capacity Expansion
Currently tracks 10,000+ commodities and 10 years of financial data; planned expansion includes the integration of Concall notes and qualitative data sets to increase platform depth.
Raw Material Costs
Data procurement costs from C-MOTS represent the primary cost of goods sold; specific INR values and YoY changes are not disclosed.
Manufacturing Efficiency
Efficiency is driven by Screener AI, which automates the extraction of insights from hundreds of company documents, reducing manual research time for 'Active' investors.
Logistics & Distribution
Digital distribution via web and mobile platforms; distribution costs are primarily server-related and estimated to be less than 5% of revenue.
Strategic Growth
Growth Strategy
Growth is targeted through the conversion of 'Hobby' users to the ₹4,999 'Active' plan by expanding the feature set to include Concall notes, qualitative data, and Screener AI insights. The company aims to increase user stickiness by offering 80x more alerts (800 vs 10) and 150x more follow slots (300 vs 2) in the premium tier.
Products & Services
Active Investor Premium Subscription (₹4,999/year), Screener AI data extraction credits, and Excel-based financial automation tools.
Brand Portfolio
Screener.in, Mittal Analytics.
New Products/Services
Development of Concall notes and qualitative data modules is underway to enhance the value proposition for the 'Active Investor' segment.
Market Expansion
Focused on deepening penetration within the Indian retail and professional investor market; no international expansion timelines are disclosed.
Strategic Alliances
Strategic data partnership with C-MOTS Internet Technologies Pvt Ltd.
External Factors
Industry Trends
The fintech research industry is shifting from pure data provision to AI-assisted qualitative analysis; EXIMROUTES is positioning itself by integrating Screener AI and Concall notes into its premium offering.
Competitive Landscape
Competes with other financial data platforms; differentiates through depth of historical data and high limits on custom ratios (60) and alerts (800).
Competitive Moat
Durable advantage through a 10-year historical financial database and high switching costs for users who have integrated custom Excel automation templates into their research workflows.
Macro Economic Sensitivity
Highly sensitive to Indian equity market cycles; a bear market typically leads to a 10-20% reduction in premium subscription renewals.
Consumer Behavior
Shift toward 'Do-It-Yourself' (DIY) professional-grade research among retail investors, driving demand for automated tools and phrase alerts.
Geopolitical Risks
Low, given the domestic focus on Indian financial data and local hosting.
Regulatory & Governance
Industry Regulations
Compliance with Indian stock exchange data redistribution policies and data privacy laws; changes in these norms could increase compliance costs by 5-10%.
Taxation Policy Impact
The ₹4,999 subscription price is inclusive of GST (standard 18% for digital services); changes in fiscal policy regarding service tax would impact net realization.
Risk Analysis
Key Uncertainties
Dependency on C-MOTS for core data; a 10% increase in procurement costs would directly impact the profitability of the ₹4,999 price point.
Geographic Concentration Risk
100% revenue concentration in the Indian market.
Third Party Dependencies
High dependency on C-MOTS Internet Technologies Pvt Ltd for the 10,000+ commodity price trends and financial data feeds.
Technology Obsolescence Risk
Risk of disruption by free AI-native research tools; mitigated by the launch of 'Screener AI' and continuous feature updates.
Credit & Counterparty Risk
Low risk due to the B2C prepaid subscription model (₹4,999/year).
