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 ₹ 4,841 Cr.
- Current Price ₹ 884
- High / Low ₹ 2,000 / 795
- Stock P/E 35.1
- Book Value ₹ 170
- Dividend Yield 0.39 %
- ROCE 22.2 %
- ROE 16.0 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- Earnings include an other income of Rs.57.1 Cr.
- Working capital days have increased from 137 days to 290 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 149 | 135 | 149 | 152 | 198 | 254 | 316 | 384 | 401 | |
| 102 | 114 | 118 | 101 | 112 | 138 | 169 | 218 | 248 | |
| Operating Profit | 48 | 21 | 30 | 51 | 86 | 116 | 147 | 166 | 153 |
| OPM % | 32% | 16% | 20% | 34% | 44% | 46% | 46% | 43% | 38% |
| 11 | 28 | 15 | 40 | 39 | 35 | 40 | 52 | 57 | |
| Interest | 0 | 0 | 3 | 3 | 2 | 2 | 1 | 1 | 1 |
| Depreciation | 6 | 5 | 9 | 9 | 8 | 6 | 9 | 10 | 17 |
| Profit before tax | 53 | 44 | 34 | 79 | 115 | 143 | 177 | 206 | 191 |
| Tax % | 33% | 20% | 25% | 24% | 26% | 24% | 22% | 27% | 28% |
| 35 | 35 | 25 | 60 | 86 | 109 | 137 | 150 | 138 | |
| EPS in Rs | 92.39 | 92.13 | 66.11 | 157.01 | 16.07 | 20.27 | 25.42 | 27.57 | 25.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 12% | 25% | 14% | 13% | 14% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 16% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 11% |
| TTM: | -4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -9% |
| 1 Year: | -49% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 19% |
| Last Year: | 16% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 108 | 154 | 166 | 227 | 427 | 524 | 645 | 779 | 920 |
| 129 | 129 | 152 | 149 | 16 | 12 | 7 | 2 | 7 | |
| 37 | 30 | 38 | 49 | 51 | 94 | 87 | 84 | 118 | |
| Total Liabilities | 278 | 317 | 360 | 428 | 505 | 641 | 750 | 876 | 1,057 |
| 22 | 20 | 40 | 33 | 28 | 29 | 38 | 62 | 75 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 7 | 9 | 0 | 0 |
| Investments | 168 | 204 | 204 | 275 | 313 | 379 | 427 | 511 | 570 |
| 87 | 94 | 116 | 120 | 165 | 226 | 275 | 303 | 412 | |
| Total Assets | 278 | 317 | 360 | 428 | 505 | 641 | 750 | 876 | 1,057 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 26 | 23 | 24 | 79 | 31 | 100 | 67 | 111 | 109 | |
| -26 | -20 | -2 | -57 | -11 | -57 | -50 | -91 | -93 | |
| -0 | -0 | -18 | -6 | -14 | -5 | -21 | -24 | -25 | |
| Net Cash Flow | -0 | 3 | 4 | 17 | 5 | 38 | -4 | -4 | -9 |
| Free Cash Flow | 17 | 20 | 19 | 77 | 27 | 85 | 46 | 85 | 88 |
| CFO/OP | 93% | 186% | 119% | 184% | 77% | 122% | 70% | 93% | 103% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 72 | 64 | 76 | 68 | 78 | 82 | 109 | 98 | 136 |
| Inventory Days | 142 | 86 | 120 | 74 | 175 | 71 | 12 | 28 | 2 |
| Days Payable | 84 | 91 | 150 | 99 | 115 | 130 | 195 | 103 | 699 |
| Cash Conversion Cycle | 130 | 59 | 46 | 43 | 137 | 23 | -74 | 23 | -561 |
| Working Capital Days | 25 | 30 | 31 | -3 | 61 | 4 | 50 | 70 | 290 |
| ROCE % | 9% | 11% | 19% | 21% | 27% | 29% | 28% | 22% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Total Customer Base Number |
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| Map Coverage - Roads Million Km |
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| Points of Interest (POI) Count Million |
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| New Vehicles Integrated in the Year Million |
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| Open Order Book INR Cr |
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| Smart IoT Devices Sold Lakh |
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| Mappls App User Base/Downloads Million |
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| Market Share in Embedded Navigation (Auto OEMs) Percentage |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
25 May - Submitted Q4 FY26 earnings call transcript; revenue rose 54.8% sequentially and final dividend of ₹3.50 declared.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 21 May
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
20 May - Q4 FY2026 earnings call recording uploaded on company website.
- Announcement under Regulation 30 (LODR)-Investor Presentation 19 May
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
19 May - MapmyIndia announced Q4/FY26 results, final dividend of Rs. 3.50 per share, and strong Q4 growth.
Annual reports
Concalls
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May 2026Transcript PPT
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT REC
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May 2025TranscriptAI SummaryPPT
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May 2025Transcript PPT REC
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May 2025TranscriptAI SummaryPPT
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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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Nov 2024TranscriptAI SummaryPPT
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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 2023TranscriptAI SummaryPPT
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Jun 2023TranscriptAI SummaryPPT
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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 2022TranscriptAI SummaryPPT
Market Position:[1]
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.