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 ₹ 11,013 Cr.
- Current Price ₹ 2,038
- High / Low ₹ 2,109 / 983
- Stock P/E 94.2
- Book Value ₹ 99.7
- 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 20.4 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 | 267 | |
102 | 114 | 118 | 101 | 112 | 138 | 145 | |
Operating Profit | 48 | 21 | 30 | 51 | 86 | 116 | 122 |
OPM % | 32% | 16% | 20% | 34% | 44% | 46% | 46% |
11 | 28 | 15 | 40 | 39 | 35 | 38 | |
Interest | 0 | 0 | 3 | 3 | 2 | 2 | 2 |
Depreciation | 6 | 5 | 9 | 9 | 8 | 6 | 6 |
Profit before tax | 53 | 44 | 34 | 79 | 115 | 143 | 152 |
Tax % | 33% | 20% | 25% | 24% | 26% | 24% | |
35 | 35 | 25 | 60 | 86 | 109 | 117 | |
EPS in Rs | 92.39 | 92.13 | 66.11 | 157.01 | 16.07 | 20.27 | 21.78 |
Dividend Payout % | 0% | 0% | 0% | 0% | 12% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 20% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 28% |
3 Years: | 72% |
TTM: | 31% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 50% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 18% |
Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
133 | 133 | 133 | 133 | 11 | 11 | |
Reserves | 108 | 154 | 166 | 227 | 427 | 524 |
0 | 0 | 23 | 20 | 16 | 12 | |
166 | 159 | 167 | 178 | 51 | 92 | |
Total Liabilities | 278 | 317 | 360 | 428 | 505 | 639 |
22 | 20 | 40 | 33 | 28 | 36 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 168 | 204 | 204 | 275 | 313 | 379 |
87 | 94 | 116 | 120 | 165 | 224 | |
Total Assets | 278 | 317 | 360 | 428 | 505 | 639 |
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% | 29% |
Documents
Announcements
- Closure of Trading Window 2d
- Intimation Pursuant To Regulation 30 Of The SEBI (LODR) Regulations, 2015 Regarding New Product Launch 6 Sep
- Disclosure Of Voting Results Of 28Th Annual General Meeting Of The Company 2 Sep
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 2 Sep
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Announcement under Regulation 30 (LODR)-Acquisition
1 Sep - Submission of details for Further acquisition of 35,000 CCPS of Kogo Tech Labs Private Ltd
Annual reports
Concalls
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Aug 2023Transcript PPT
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Jun 2023TranscriptNotesPPT
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Jun 2023Transcript PPT
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Apr 2023Transcript PPT
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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]