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 ₹ 9,153 Cr.
- Current Price ₹ 1,672
- High / Low ₹ 2,167 / 1,540
- Stock P/E 60.9
- Book Value ₹ 157
- Dividend Yield 0.21 %
- ROCE 27.6 %
- ROE 19.8 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 46.5% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 17.0%
Cons
- Stock is trading at 10.6 times its book value
- Earnings include an other income of Rs.58.1 Cr.
- Working capital days have increased from 41.4 days to 69.6 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.
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 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 149 | 135 | 149 | 152 | 198 | 254 | 316 | 384 | 402 | |
| 102 | 114 | 118 | 101 | 112 | 138 | 169 | 218 | 235 | |
| Operating Profit | 48 | 21 | 30 | 51 | 86 | 116 | 147 | 166 | 167 |
| OPM % | 32% | 16% | 20% | 34% | 44% | 46% | 46% | 43% | 42% |
| 11 | 28 | 15 | 40 | 39 | 35 | 40 | 52 | 58 | |
| Interest | 0 | 0 | 3 | 3 | 2 | 2 | 1 | 1 | 1 |
| Depreciation | 6 | 5 | 9 | 9 | 8 | 6 | 9 | 10 | 14 |
| Profit before tax | 53 | 44 | 34 | 79 | 115 | 143 | 177 | 206 | 211 |
| Tax % | 33% | 20% | 25% | 24% | 26% | 24% | 22% | 27% | |
| 35 | 35 | 25 | 60 | 86 | 109 | 137 | 150 | 150 | |
| EPS in Rs | 92.39 | 92.13 | 66.11 | 157.01 | 16.07 | 20.27 | 25.42 | 27.57 | 27.60 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 12% | 25% | 14% | 13% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 25% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 46% |
| 3 Years: | 30% |
| TTM: | 8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| 1 Year: | 3% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 21% |
| Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 108 | 154 | 166 | 227 | 427 | 524 | 645 | 779 | 850 |
| 129 | 129 | 152 | 149 | 16 | 12 | 7 | 2 | 10 | |
| 37 | 30 | 38 | 49 | 51 | 94 | 87 | 84 | 113 | |
| Total Liabilities | 278 | 317 | 360 | 428 | 505 | 641 | 750 | 876 | 983 |
| 22 | 20 | 40 | 33 | 28 | 29 | 38 | 62 | 68 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 7 | 9 | 0 | 0 |
| Investments | 168 | 204 | 204 | 275 | 313 | 379 | 427 | 511 | 553 |
| 87 | 94 | 116 | 120 | 165 | 226 | 275 | 303 | 361 | |
| Total Assets | 278 | 317 | 360 | 428 | 505 | 641 | 750 | 876 | 983 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 26 | 23 | 24 | 79 | 31 | 100 | 67 | 111 | |
| -26 | -20 | -2 | -57 | -11 | -57 | -50 | -91 | |
| -0 | -0 | -18 | -6 | -14 | -5 | -21 | -24 | |
| Net Cash Flow | -0 | 3 | 4 | 17 | 5 | 38 | -4 | -4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 72 | 64 | 76 | 68 | 78 | 82 | 109 | 98 |
| Inventory Days | 142 | 86 | 120 | 74 | 175 | 71 | 12 | 28 |
| Days Payable | 84 | 91 | 150 | 99 | 115 | 130 | 195 | 103 |
| Cash Conversion Cycle | 130 | 59 | 46 | 43 | 137 | 23 | -74 | 23 |
| Working Capital Days | 25 | 30 | 31 | -3 | 61 | 4 | 50 | 70 |
| ROCE % | 9% | 11% | 19% | 21% | 27% | 29% | 28% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 6h
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 1d
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
26 Nov - MapmyIndia integrates Address Capture and Nearby Lead Finder into Zoho CRM, announced November 26, 2025.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 14 Nov
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Nov - Copy of Financial Results published in Newspaper
Annual reports
Concalls
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Nov 2025Transcript 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]