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 ₹ 6,265 Cr.
- Current Price ₹ 1,144
- High / Low ₹ 2,000 / 795
- Stock P/E 60.9
- Book Value ₹ 165
- Dividend Yield 0.30 %
- ROCE 19.1 %
- ROE 12.0 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Earnings include an other income of Rs.52.4 Cr.
- Dividend payout has been low at 13.8% of profits over last 3 years
- Working capital days have increased from 61.0 days to 93.3 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% | 14% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 19% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 2% |
| TTM: | -9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -9% |
| 1 Year: | -39% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 15% |
| Last Year: | 12% |
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 | 799 | 894 |
| 154 | 151 | 149 | 19 | 29 | 26 | 30 | 7 | |
| 30 | 39 | 50 | 53 | 101 | 109 | 104 | 126 | |
| Total Liabilities | 340 | 358 | 428 | 518 | 673 | 794 | 944 | 1,038 |
| 44 | 41 | 33 | 43 | 49 | 61 | 90 | 98 | |
| CWIP | 0 | 0 | 0 | 0 | 7 | 10 | 1 | 8 |
| Investments | 201 | 199 | 269 | 296 | 362 | 409 | 489 | 517 |
| 95 | 119 | 126 | 178 | 254 | 313 | 364 | 416 | |
| Total Assets | 340 | 358 | 428 | 518 | 673 | 794 | 944 | 1,038 |
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 | 117 | 93 | |
| -19 | -1 | -58 | -11 | -63 | -59 | -84 | -47 | |
| -4 | -19 | -6 | -11 | 8 | -19 | -17 | -53 | |
| Net Cash Flow | 3 | 7 | 19 | 7 | 36 | -3 | 16 | -6 |
| Free Cash Flow | 23 | 21 | 80 | 25 | 67 | 45 | 77 | 59 |
| CFO/OP | 169% | 133% | 189% | 75% | 112% | 72% | 91% | 87% |
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 | 119 |
| Days Payable | 82 | 152 | 99 | 120 | 99 | 144 | 264 | 378 |
| Cash Conversion Cycle | 69 | 44 | 43 | 150 | 116 | 28 | -39 | -123 |
| Working Capital Days | 25 | 31 | -6 | 62 | -1 | 32 | 58 | 93 |
| ROCE % | 10% | 19% | 21% | 25% | 26% | 24% | 19% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Customer Retention Ratio % |
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| Customers Contributing 80% of Revenue Count |
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| Annual New Order Bookings INR Crores |
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| Customers on MaaS/SaaS/PaaS Platform Count |
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| New Vehicles Built-in with Mappls Million vehicles |
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| New IoT Devices Sold & Rented Lakhs |
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| Open Order Book INR Crores |
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| Mappls App Cumulative Downloads Millions |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
19 Jul - Submission of Newspaper cuttings regarding 31st AGM of the Company
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Business Responsibility and Sustainability Reporting (BRSR)
18 Jul - Submitted BRSR for FY 2025-26 and uploaded it on company website.
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Notice Of 31St AGM Of The Company
18 Jul - 31st AGM on Aug 11, 2026 via VC/OAVM; FY 2025-26 annual report and notice uploaded.
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Reg. 34 (1) Annual Report.
18 Jul - 31st AGM on Aug 11, 2026 via VC/OAVM; FY25-26 annual report filed.
- Intimation Of 31St AGM 18 Jul
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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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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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:[1]
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.