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 ₹ 9,022 Cr.
- Current Price ₹ 1,649
- High / Low ₹ 2,218 / 1,513
- Stock P/E 57.3
- Book Value ₹ 145
- Dividend Yield 0.21 %
- ROCE 24.1 %
- ROE 17.6 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 44.3% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 17.4%
Cons
- Stock is trading at 11.4 times its book value
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|
135 | 149 | 152 | 200 | 281 | 379 | 463 | 483 | |
110 | 119 | 101 | 114 | 164 | 225 | 287 | 296 | |
Operating Profit | 26 | 29 | 51 | 86 | 118 | 155 | 176 | 188 |
OPM % | 19% | 20% | 34% | 43% | 42% | 41% | 38% | 39% |
28 | 15 | 40 | 42 | 34 | 38 | 52 | 56 | |
Interest | 3 | 3 | 3 | 2 | 3 | 3 | 3 | 3 |
Depreciation | 9 | 10 | 10 | 8 | 10 | 15 | 20 | 22 |
Profit before tax | 42 | 32 | 79 | 117 | 139 | 175 | 206 | 219 |
Tax % | 20% | 27% | 24% | 26% | 23% | 23% | 28% | |
34 | 23 | 60 | 87 | 108 | 134 | 148 | 158 | |
EPS in Rs | 87.59 | 60.53 | 156.07 | 16.34 | 19.99 | 24.77 | 27.05 | 28.94 |
Dividend Payout % | 0% | 0% | 0% | 12% | 25% | 14% | 13% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 32% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 44% |
3 Years: | 26% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 7% |
1 Year: | -19% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 19% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 11 | 11 | 11 | 11 |
Reserves | 152 | 165 | 225 | 435 | 531 | 648 | 780 |
154 | 151 | 149 | 19 | 29 | 26 | 30 | |
30 | 39 | 50 | 53 | 101 | 109 | 123 | |
Total Liabilities | 340 | 358 | 428 | 518 | 673 | 794 | 944 |
44 | 41 | 33 | 43 | 49 | 61 | 90 | |
CWIP | 0 | 0 | 0 | 0 | 7 | 10 | 1 |
Investments | 201 | 199 | 269 | 296 | 362 | 409 | 489 |
95 | 119 | 126 | 178 | 254 | 313 | 364 | |
Total Assets | 340 | 358 | 428 | 518 | 673 | 794 | 944 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
27 | 27 | 82 | 29 | 90 | 76 | 113 | |
-19 | -1 | -58 | -11 | -63 | -59 | -102 | |
-4 | -19 | -6 | -11 | 8 | -19 | -17 | |
Net Cash Flow | 3 | 7 | 19 | 7 | 36 | -3 | -6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Debtor Days | 64 | 76 | 68 | 79 | 76 | 101 | 105 |
Inventory Days | 86 | 119 | 74 | 191 | 140 | 71 | 120 |
Days Payable | 82 | 152 | 99 | 120 | 99 | 144 | 194 |
Cash Conversion Cycle | 69 | 44 | 43 | 150 | 116 | 28 | 31 |
Working Capital Days | 25 | 31 | -6 | 62 | -1 | 32 | 48 |
ROCE % | 10% | 19% | 21% | 25% | 26% | 24% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
2 Sep - C.E. Info Systems acquired 43,759 shares (96% stake) in Gtropy Systems for Rs 5,713/share (₹24.99 crore) on Sep 2, 2025.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
9 Aug - Q1 FY26: Revenue INR121.6cr (+19.8%), PAT INR45.8cr (+27.7%), INR25cr investment in Zepto, increased IoT stake.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Aug
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
7 Aug - Submission of Q1FY2026 earnings call audio recording link by C.E. Info Systems Ltd.
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Announcement under Regulation 30 (LODR)-Acquisition
7 Aug - Q1 FY26 results approved; Rs. 24.99 Cr raised stake in Gtropy to 96%; Rs. 25 Cr invested in Zepto.
Annual reports
Concalls
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Aug 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]