Exim Routes Limited has reported its financial results for the year ended March 31, 2026, via a transcript of its earnings call held on June 8, 2026. The company achieved a 72% year-on-year increase in revenue from operations, which reached ₹207 crores compared to ₹121 crores in FY25. Profit after tax grew by 35% to ₹10.2 crores, while earnings per share adjusted for the IPO rose to ₹6.05 from ₹5.22.

The company’s EBITDA for FY26 stood at ₹14.1 crores, an increase of 38% over the previous year. However, the EBITDA margin contracted to 6.8% from 8.5%, primarily due to a deliberate shift in sourcing mix towards higher-cost UK and European markets and elevated global freight costs. Despite this, the core trading margin improved by 3 percentage points to 22.4%, indicating stronger underlying economics.

Financial Highlights

Exim Routes ended the year as a net cash-positive entity, with bank balances exceeding ₹17 crores against total debt of nearly ₹16 crores. The net worth tripled to ₹68.7 crores following the initial public offering in December. Trade receivables increased to ₹59 crores, a growth-funded build driven by the expansion of the trading book and the onboarding of new suppliers on tighter credit terms.

Operational and Strategic Updates

The company operates through two primary segments: products and services. The product segment, which is the core trading business, generated approximately ₹203 crores in revenue. The services segment, including the ERIS platform and logistics services, grew by 13% to ₹4.4 crores, operating at higher margins.

Management outlined four key growth pillars for FY27: strengthening global recycling yard relationships, scaling shipping logistics to 10,000 containers, enhancing capital efficiency through invoice financing, and leveraging the ERIS technology platform. The company has secured a ₹20 crore debt facility with a Tier-1 bank and agreed to terms with an invoice financing provider, starting with an initial limit of ₹2.5 crores targeting a scale-up to ₹15 crores.

For FY27, Exim Routes targets a revenue growth of 30% to 50%, aiming to reach ₹300 crores at the upper end. The company noted that the business is structurally second-half weighted, with H1 typically generating 30% to 35% of full-year EBITDA.

Exim Routes Limited has confirmed full compliance with the Structured Digital Database (SDD) requirements for the financial year ended March 31, 2026, following a certification by Shubham Sinha & Associates. The certification validates the integrity of the company's internal systems used to handle Unpublished Price Sensitive Information (UPSI), ensuring that data is maintained securely and access is controlled. This confirmation is crucial for maintaining regulatory adherence and preventing insider trading practices.

Compliance Certification Details

The certification, submitted to the National Stock Exchange of India, verifies that Exim Routes has established a robust digital framework in line with Regulation 3(5) and 3(6) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The appointed Practising Company Secretaries confirmed that the database is non-tamperable and capable of retaining records for a minimum of eight years. An audit trail is maintained internally to monitor all activities within the system.

UPSI Capture and Event Recording

During the financial year, the company was required to capture three specific events involving UPSI. The certification confirms that Exim Routes successfully recorded all three mandated events, ensuring complete transparency regarding the nature of the information and the precise date and time of dissemination.

The filing was made by Richa Anand, Company Secretary & Compliance Officer of Exim Routes Limited, on May 30, 2026. The independent certification was provided by Shubham Ranjan Sinha, Proprietor of Shubham Sinha & Associates, based in Kolkata.