Exim Routes Limited Signs Strategic MoU with Al Shaheed Trading for 20,000 MT Trade Target

Key numbers

Annual Revenue	₹207.23 Cr71.56% YoY Growth
Market Cap	₹173.08 CrCommodity Trading
P/E Ratio	17.0xSector PE: 40.25x
Day RSI	37.82Neutral Zone
Order from	AL SHAHEED TRADING & EQUIPMENT CO.
Execution period	28th September 2026 to 31st March 2027

Key highlights

• Partnership targets a shipping volume between 15,000 MT and 20,000 MT using the ERIS platform
• Exim Routes will receive an annual subscription fee of USD 15,000 for the FY 2026-27 period
• Transaction platform fees are set between USD 3 and USD 10 per metric tonne depending on grade
• The agreement spans from September 28, 2026, to March 31, 2027, focusing on global trade
• Scope includes sourcing, logistics, and customs clearance for recovered-paper transactions

What Is the Partnership?

The partnership establishes a framework for cooperation between Exim Routes and Al Shaheed Trading & Equipment Co., focusing on the identification and sourcing of products from international manufacturers. Under the terms, Exim Routes will receive an annual subscription fee of USD 15,000 and a transaction-based platform fee ranging from USD 3 to USD 10 per metric tonne. The scope includes trading, purchase, sale, and distribution of goods in both domestic and global markets.

The ERIS yard module will be utilized to qualify and track recovered-paper transactions, supporting the company's objective to process between 15,000 and 20,000 metric tonnes of cargo during the agreement period.

Partner Profile

• Al Shaheed Trading & Equipment Co. acts as the strategic international partner for sourcing and distribution
• The entity collaborates on identifying suitable manufacturers, suppliers, and vendors across global markets
• Focuses on facilitating commercial negotiations, purchase orders, and supply arrangements for the partnership
• Assists in logistics, documentation, and customs clearance for the import and export of goods
• Engages in joint marketing and promotion efforts to expand the reach of the ERIS platform services

Business Overview

Exim Routes Limited, headquartered in Gurugram, operates within the commodity trading and distribution industry. The company specializes in supply chain management, offering logistics, documentation, and customs clearance services incidental to the import and export of various goods. By integrating the ERIS intelligent platform, the firm aims to digitize and streamline cross-border trade operations.

The company has demonstrated a shift toward tech-enabled trading models to enhance visibility and efficiency in the recovered paper and commodity segments, catering to a diverse range of international vendors and customers.

Financial Context

For the latest fiscal year, Exim Routes reported an annual operating revenue of 207.23 crore, representing a year-over-year growth of 71.56 percent. The company achieved a net profit of 10.18 crore, which grew by 50.74 percent compared to the previous period. Despite this growth, the stock is currently trading at a price-to-earnings ratio of 17.0x, notably lower than the industry average of 46.42x.

While annual cash flow from operating activities was negative at 19.45 crore, the company maintained a net positive cash flow of 14.94 crore. Promoter holding remains stable at 52.64 percent.

Industry Landscape

• Increasing adoption of digital yard modules and intelligent systems to manage complex global supply chains
• Rising demand for recovered paper transactions driven by global sustainability and recycling mandates
• Sector-wide revenue growth of 36.99 percent YoY indicates robust demand for commodity distribution services
• Consolidation of trading activities through strategic MoUs to mitigate logistical and cross-border risks
• Growing reliance on platform-based transaction fees to diversify revenue away from pure trading margins

Exim Routes · financial snapshot

Share price	₹92.3
Market capitalisation	₹173.08
Revenue (annual)	₹207.23
Net profit (annual)	₹10.18
P/E (TTM)	17×Sector 40.25×
Promoter holding	52.64%
FII holding	7.74%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.