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 ₹ 8,692 Cr.
- Current Price ₹ 1,598
- High / Low ₹ 2,748 / 1,544
- Stock P/E 64.5
- Book Value ₹ 134
- Dividend Yield 0.22 %
- ROCE 26.2 %
- ROE 20.6 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 44.0% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 17.1%
Cons
- Stock is trading at 12.0 times its book value
* 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
Part of Nifty Smallcap 250 BSE 400 MidSmallCap Index BSE 250 SmallCap Index BSE Allcap Nifty MidSmallcap 400
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
135 | 149 | 152 | 200 | 281 | 379 | 404 | |
110 | 119 | 101 | 114 | 164 | 225 | 250 | |
Operating Profit | 26 | 29 | 51 | 86 | 118 | 155 | 154 |
OPM % | 19% | 20% | 34% | 43% | 42% | 41% | 38% |
28 | 15 | 40 | 42 | 34 | 38 | 44 | |
Interest | 3 | 3 | 3 | 2 | 3 | 3 | 3 |
Depreciation | 9 | 10 | 10 | 8 | 10 | 15 | 18 |
Profit before tax | 42 | 32 | 79 | 117 | 139 | 175 | 177 |
Tax % | 20% | 27% | 24% | 26% | 23% | 23% | |
34 | 23 | 60 | 87 | 108 | 134 | 136 | |
EPS in Rs | 87.59 | 60.53 | 156.07 | 16.34 | 19.99 | 24.77 | 24.91 |
Dividend Payout % | 0% | 0% | 0% | 12% | 25% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 36% |
TTM: | 26% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 44% |
3 Years: | 37% |
TTM: | 10% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -27% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 20% |
Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 11 | 11 | 11 | 11 |
Reserves | 152 | 165 | 225 | 435 | 531 | 648 | 717 |
154 | 151 | 149 | 19 | 29 | 26 | 35 | |
30 | 39 | 50 | 53 | 101 | 109 | 81 | |
Total Liabilities | 340 | 358 | 428 | 518 | 673 | 794 | 843 |
44 | 41 | 33 | 43 | 49 | 61 | 77 | |
CWIP | 0 | 0 | 0 | 0 | 7 | 10 | 0 |
Investments | 201 | 199 | 269 | 296 | 362 | 409 | 446 |
95 | 119 | 126 | 178 | 254 | 313 | 320 | |
Total Assets | 340 | 358 | 428 | 518 | 673 | 794 | 843 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
27 | 27 | 82 | 29 | 90 | 76 | |
-19 | -1 | -58 | -11 | -63 | -59 | |
-4 | -19 | -6 | -11 | 8 | -19 | |
Net Cash Flow | 3 | 7 | 19 | 7 | 36 | -3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 64 | 76 | 68 | 79 | 76 | 101 |
Inventory Days | 86 | 119 | 74 | 191 | 140 | 71 |
Days Payable | 82 | 152 | 99 | 120 | 99 | 144 |
Cash Conversion Cycle | 69 | 44 | 43 | 150 | 116 | 28 |
Working Capital Days | 32 | 38 | 3 | 70 | 25 | 55 |
ROCE % | 10% | 19% | 21% | 25% | 26% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
13 Nov - Submission of transcript for Q2 FY 2025 earnings call
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Announcement under Regulation 30 (LODR)-Investor Presentation
12 Nov - Submission of revised Investor Presentation for Q2 & H1 FY 2025 financial results
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Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
12 Nov - Revised press release for Q2 FY2025 results submitted.
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Corrigendum Pertaining To Outcome, Press Release And Investor Presentation Dated 08.11.2024
12 Nov - Corrigendum regarding Joint Venture details in Indonesia.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11 Nov
Annual reports
Concalls
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Nov 2024Transcript PPT REC
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Nov 2024TranscriptNotesPPT
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Aug 2024Transcript PPT
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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]