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 ₹ 4,607 Cr.
- Current Price ₹ 841
- High / Low ₹ 2,000 / 795
- Stock P/E 33.4
- Book Value ₹ 170
- Dividend Yield 0.41 %
- 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% | 0% |
| 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: | -10% |
| 1 Year: | -55% |
| 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
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]