EXIMROUTES - Exim Routes

📊 NSE: EXIMROUTES 🏢 Paper & Paper Products 📅 Last Updated: 11/13/2025 15:25

💰 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.