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 ₹ 4,714 Cr.
- Current Price ₹ 861
- High / Low ₹ 2,009 / 795
- Stock P/E 35.1
- Book Value ₹ 165
- Dividend Yield 0.41 %
- ROCE 22.0 %
- ROE 15.8 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Working capital days have increased from 121 days to 283 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
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 135 | 149 | 152 | 200 | 281 | 379 | 463 | 474 | |
| 110 | 119 | 101 | 114 | 164 | 225 | 287 | 305 | |
| Operating Profit | 26 | 29 | 51 | 86 | 118 | 155 | 176 | 169 |
| OPM % | 19% | 20% | 34% | 43% | 42% | 41% | 38% | 36% |
| 28 | 15 | 40 | 42 | 34 | 38 | 52 | 52 | |
| Interest | 3 | 3 | 3 | 2 | 3 | 3 | 3 | 2 |
| Depreciation | 9 | 10 | 10 | 8 | 10 | 15 | 20 | 30 |
| Profit before tax | 42 | 32 | 79 | 117 | 139 | 175 | 206 | 189 |
| Tax % | 20% | 27% | 24% | 26% | 23% | 23% | 28% | 29% |
| 34 | 23 | 60 | 87 | 108 | 134 | 148 | 134 | |
| EPS in Rs | 87.59 | 60.53 | 156.07 | 16.34 | 19.99 | 24.77 | 27.05 | 24.50 |
| Dividend Payout % | 0% | 0% | 0% | 12% | 25% | 14% | 13% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 19% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 11% |
| TTM: | 5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -7% |
| 1 Year: | -57% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 18% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 152 | 165 | 225 | 435 | 531 | 648 | 780 | 894 |
| 154 | 151 | 149 | 19 | 29 | 26 | 30 | 7 | |
| 30 | 39 | 50 | 53 | 101 | 109 | 123 | 124 | |
| Total Liabilities | 340 | 358 | 428 | 518 | 673 | 794 | 944 | 1,036 |
| 44 | 41 | 33 | 43 | 49 | 61 | 90 | 105 | |
| CWIP | 0 | 0 | 0 | 0 | 7 | 10 | 1 | 0 |
| Investments | 201 | 199 | 269 | 296 | 362 | 409 | 489 | 517 |
| 95 | 119 | 126 | 178 | 254 | 313 | 364 | 414 | |
| Total Assets | 340 | 358 | 428 | 518 | 673 | 794 | 944 | 1,036 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 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 | |
| Free Cash Flow | 23 | 21 | 80 | 25 | 67 | 45 | 73 | |
| CFO/OP | 169% | 133% | 189% | 75% | 112% | 72% | 89% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 64 | 76 | 68 | 79 | 76 | 101 | 105 | 136 |
| Inventory Days | 86 | 119 | 74 | 191 | 140 | 71 | 120 | 106 |
| Days Payable | 82 | 152 | 99 | 120 | 99 | 144 | 194 | 378 |
| Cash Conversion Cycle | 69 | 44 | 43 | 150 | 116 | 28 | 31 | -136 |
| Working Capital Days | 25 | 31 | -6 | 62 | -1 | 32 | 48 | 283 |
| ROCE % | 10% | 19% | 21% | 25% | 26% | 24% | 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
- 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.
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Announcement under Regulation 30 (LODR)-Dividend Updates
19 May - Board approved FY26 audited results, Rs 3.50 final dividend, and committee reconstitution.
Annual reports
Concalls
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May 2026TranscriptAI SummaryPPT
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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]