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 ₹ 9,110 Cr.
- Current Price ₹ 1,674
- High / Low ₹ 2,748 / 1,513
- Stock P/E 66.8
- Book Value ₹ 134
- Dividend Yield 0.21 %
- 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 12.5 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 Total Market Nifty 500 BSE SmallCap BSE 400 MidSmallCap Index Nifty Smallcap 250
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 | 427 | |
110 | 119 | 101 | 114 | 164 | 225 | 266 | |
Operating Profit | 26 | 29 | 51 | 86 | 118 | 155 | 160 |
OPM % | 19% | 20% | 34% | 43% | 42% | 41% | 38% |
28 | 15 | 40 | 42 | 34 | 38 | 42 | |
Interest | 3 | 3 | 3 | 2 | 3 | 3 | 3 |
Depreciation | 9 | 10 | 10 | 8 | 10 | 15 | 20 |
Profit before tax | 42 | 32 | 79 | 117 | 139 | 175 | 179 |
Tax % | 20% | 27% | 24% | 26% | 23% | 23% | |
34 | 23 | 60 | 87 | 108 | 134 | 137 | |
EPS in Rs | 87.59 | 60.53 | 156.07 | 16.34 | 19.99 | 24.77 | 25.18 |
Dividend Payout % | 0% | 0% | 0% | 12% | 25% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 36% |
TTM: | 24% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 44% |
3 Years: | 37% |
TTM: | 10% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 6% |
1 Year: | -8% |
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)-Press Release / Media Release
2d - Mappls App now supports 9 regional languages.
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
6 Feb - Update on acquisition of stake in Simdaas Autonomy.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 4 Feb
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Jan - Copy of Standalone & Consolidated Un-Audited Financial Results for the quarter ended December 31, 2024 published in Newspapers
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 Jan - Submission of Q3 FY2025 earnings call recording.
Annual reports
Concalls
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Feb 2025Transcript PPT
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Dec 2024TranscriptPPT
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Nov 2024Transcript PPT REC
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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]