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 ₹ 10,798 Cr.
- Current Price ₹ 1,997
- High / Low ₹ 2,344 / 1,019
- Stock P/E 84.8
- Book Value ₹ 112
- Dividend Yield 0.15 %
- ROCE 29.0 %
- ROE 22.4 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 28.0% CAGR over last 5 years
Cons
- Stock is trading at 17.8 times its book value
- Working capital days have increased from 137 days to 335 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 | TTM | |
---|---|---|---|---|---|---|---|
149 | 135 | 149 | 152 | 198 | 254 | 296 | |
102 | 114 | 118 | 101 | 112 | 138 | 159 | |
Operating Profit | 48 | 21 | 30 | 51 | 86 | 116 | 137 |
OPM % | 32% | 16% | 20% | 34% | 44% | 46% | 46% |
11 | 28 | 15 | 40 | 39 | 35 | 39 | |
Interest | 0 | 0 | 3 | 3 | 2 | 2 | 1 |
Depreciation | 6 | 5 | 9 | 9 | 8 | 6 | 8 |
Profit before tax | 53 | 44 | 34 | 79 | 115 | 143 | 168 |
Tax % | 33% | 20% | 25% | 24% | 26% | 24% | |
35 | 35 | 25 | 60 | 86 | 109 | 127 | |
EPS in Rs | 92.39 | 92.13 | 66.11 | 157.01 | 16.07 | 20.27 | 23.64 |
Dividend Payout % | 0% | 0% | 0% | 0% | 12% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 20% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 28% |
3 Years: | 72% |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 87% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 21% |
Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 11 | 11 | 11 |
Reserves | 108 | 154 | 166 | 227 | 427 | 524 | 594 |
Preference Capital | 129 | 129 | 129 | 129 | 0 | ||
0 | 0 | 23 | 20 | 16 | 12 | 10 | |
166 | 159 | 167 | 178 | 51 | 92 | 72 | |
Total Liabilities | 278 | 317 | 360 | 428 | 505 | 639 | 687 |
22 | 20 | 40 | 33 | 28 | 36 | 39 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 168 | 204 | 204 | 275 | 313 | 379 | 422 |
87 | 94 | 116 | 120 | 165 | 224 | 226 | |
Total Assets | 278 | 317 | 360 | 428 | 505 | 639 | 687 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
26 | 23 | 24 | 79 | 31 | 100 | |
-26 | -20 | -2 | -57 | -11 | -57 | |
-0 | -0 | -18 | -6 | -14 | -5 | |
Net Cash Flow | -0 | 3 | 4 | 17 | 5 | 38 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 72 | 64 | 76 | 68 | 78 | 82 |
Inventory Days | 142 | 86 | 120 | 74 | 175 | 49 |
Days Payable | 84 | 91 | 150 | 99 | 115 | 130 |
Cash Conversion Cycle | 130 | 59 | 46 | 43 | 137 | 1 |
Working Capital Days | 25 | 30 | 38 | 6 | 69 | 335 |
ROCE % | 9% | 11% | 19% | 21% |
Documents
Announcements
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Submission Of Certificate From Practicing Company Secretary
22 Apr - Submission of Certificate form Practicing Company Secretary for the year ended March 31, 2024
- Compliance Certificate For The Period Starting From April 01, 2023 Till March 31, 2024. 19 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Confirmation certificate under Reg 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2024
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Clarification
28 Mar - Clarification regarding increase in volume of security of the Company
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Clarification sought from C.E. Info Systems Ltd
28 Mar - Exchange has sought clarification from C.E. Info Systems Ltd on March 28, 2024, with reference to Movement in Volume.
Annual reports
Concalls
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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]