C.E. Info Systems Ltd
C E Info Systems Limited (“MapmyIndia”) was incorporated on February 17, 1995. The company is a data and technology products and platforms company, offering proprietary digital maps as a service (“MaaS”), software as a service (“SaaS”), and platform as a service (“PaaS”). They are India’s leading provider of advanced digital maps, geospatial software, and location-based IoT technologies.[1]
- Market Cap ₹ 12,650 Cr.
- Current Price ₹ 2,339
- High / Low ₹ 2,748 / 1,164
- Stock P/E 92.0
- Book Value ₹ 121
- Dividend Yield 0.13 %
- ROCE %
- ROE 23.1 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 45.0% CAGR over last 5 years
Cons
- Stock is trading at 19.3 times its book value
- Debtor days have increased from 89.4 to 109 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
149 | 135 | 149 | 152 | 198 | 254 | 316 | |
102 | 114 | 118 | 101 | 112 | 138 | 169 | |
Operating Profit | 48 | 21 | 30 | 51 | 86 | 116 | 147 |
OPM % | 32% | 16% | 20% | 34% | 44% | 46% | 46% |
11 | 28 | 15 | 40 | 39 | 35 | 40 | |
Interest | 0 | 0 | 3 | 3 | 2 | 2 | 1 |
Depreciation | 6 | 5 | 9 | 9 | 8 | 6 | 9 |
Profit before tax | 53 | 44 | 34 | 79 | 115 | 143 | 177 |
Tax % | 33% | 20% | 25% | 24% | 26% | 24% | 22% |
35 | 35 | 25 | 60 | 86 | 109 | 137 | |
EPS in Rs | 92.39 | 92.13 | 66.11 | 157.01 | 16.07 | 20.27 | 25.42 |
Dividend Payout % | 0% | 0% | 0% | 0% | 12% | 15% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 27% |
TTM: | 24% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 45% |
3 Years: | 46% |
TTM: | 26% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 97% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | 22% |
Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 11 | 11 | 11 |
Reserves | 108 | 154 | 166 | 227 | 427 | 524 | 645 |
Preference Capital | 129 | 129 | 129 | 129 | 0 | ||
0 | 0 | 23 | 20 | 16 | 12 | 7 | |
166 | 159 | 167 | 178 | 51 | 92 | 86 | |
Total Liabilities | 278 | 317 | 360 | 428 | 505 | 639 | 750 |
22 | 20 | 40 | 33 | 28 | 36 | 48 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 168 | 204 | 204 | 275 | 313 | 379 | 427 |
87 | 94 | 116 | 120 | 165 | 224 | 275 | |
Total Assets | 278 | 317 | 360 | 428 | 505 | 639 | 750 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
26 | 23 | 24 | 79 | 31 | 100 | 67 | |
-26 | -20 | -2 | -57 | -11 | -57 | -50 | |
-0 | -0 | -18 | -6 | -14 | -5 | -21 | |
Net Cash Flow | -0 | 3 | 4 | 17 | 5 | 38 | -4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 72 | 64 | 76 | 68 | 78 | 82 | 109 |
Inventory Days | 142 | 86 | 120 | 74 | 175 | 49 | 8 |
Days Payable | 84 | 91 | 150 | 99 | 115 | 130 | 195 |
Cash Conversion Cycle | 130 | 59 | 46 | 43 | 137 | 1 | -78 |
Working Capital Days | 25 | 30 | 38 | 6 | 69 | 335 | 253 |
ROCE % | 9% | 11% | 19% | 21% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 27 Jun
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 27 Jun
- Closure of Trading Window 26 Jun
- Intimation Of Shares To Be Sold In The Market By Mr. Rakesh Kumar Verma 26 Jun
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
24 Jun - Press release pertaining to the expansion of the Company''s enterprise offerings in partnership with ClarityX, an AI Driven Data Analytics and Consulting Company
Annual reports
Concalls
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May 2024Transcript PPT REC
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Jan 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT
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Jun 2023TranscriptNotesPPT
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Jun 2023TranscriptNotesPPT
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Apr 2023Transcript PPT
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Apr 2023TranscriptPPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Jan 2022Transcript PPT
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Jan 2022TranscriptNotesPPT
Market Position
MapmyIndia has been an early mover (started in 1995) in India’s digital mapping and pioneered digital mapping in India. It is India’s leading provider of advanced digital maps, geospatial software & location-based IoT technologies serving B2B and B2B2C enterprise customers. [1]