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 ₹ 9,444 Cr.
- Current Price ₹ 1,735
- High / Low ₹ 2,690 / 1,513
- Stock P/E 64.2
- Book Value ₹ 145
- Dividend Yield 0.20 %
- ROCE 27.7 %
- ROE 20.3 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 48.4% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 17.4%
Cons
- Stock is trading at 11.9 times its book value
- Working capital days have increased from 128 days to 303 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 | |
---|---|---|---|---|---|---|---|
135 | 149 | 152 | 200 | 281 | 379 | 463 | |
110 | 119 | 101 | 114 | 164 | 225 | 287 | |
Operating Profit | 26 | 29 | 51 | 86 | 118 | 155 | 176 |
OPM % | 19% | 20% | 34% | 43% | 42% | 41% | 38% |
28 | 15 | 40 | 42 | 34 | 38 | 52 | |
Interest | 3 | 3 | 3 | 2 | 3 | 3 | 3 |
Depreciation | 9 | 10 | 10 | 8 | 10 | 15 | 20 |
Profit before tax | 42 | 32 | 79 | 117 | 139 | 175 | 206 |
Tax % | 20% | 27% | 24% | 26% | 23% | 23% | 28% |
34 | 23 | 60 | 87 | 108 | 134 | 148 | |
EPS in Rs | 87.59 | 60.53 | 156.07 | 16.34 | 19.99 | 24.77 | 27.05 |
Dividend Payout % | 0% | 0% | 0% | 12% | 25% | 14% | 13% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 32% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 48% |
3 Years: | 32% |
TTM: | 19% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 5% |
1 Year: | -29% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 20% |
Last Year: | 20% |
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 | 121 | |
Total Liabilities | 340 | 358 | 428 | 518 | 673 | 794 | 942 |
44 | 41 | 33 | 43 | 49 | 61 | 91 | |
CWIP | 0 | 0 | 0 | 0 | 7 | 10 | 0 |
Investments | 201 | 199 | 269 | 296 | 362 | 409 | 489 |
95 | 119 | 126 | 178 | 254 | 313 | 362 | |
Total Assets | 340 | 358 | 428 | 518 | 673 | 794 | 942 |
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 | ||
-19 | -1 | -58 | -11 | -63 | -59 | ||
-4 | -19 | -6 | -11 | 8 | -19 | ||
Net Cash Flow | 3 | 7 | 19 | 7 | 36 | -3 |
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 | 95 |
Days Payable | 82 | 152 | 99 | 120 | 99 | 144 | 194 |
Cash Conversion Cycle | 69 | 44 | 43 | 150 | 116 | 28 | 5 |
Working Capital Days | 32 | 38 | 3 | 70 | 25 | 55 | 303 |
ROCE % | 10% | 19% | 21% | 25% | 26% | 28% |
Documents
Announcements
- Intimation For Fixing The Record Date For Payment Of Dividend For The Year Ended 31St March, 2025 2d
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Intimation About Book Closure For Annual General Meeting & For Payment Of Dividend For The Year Ended 31St March, 2025
2d - 30th AGM on July 25, 2025; book closure July 19-25 for dividend payment.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Submission of Newspaper advertisement regarding 30th AGM of the Company
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Business Responsibility and Sustainability Reporting (BRSR)
2d - MapmyIndia submitted FY 2024-25 Business Responsibility and Sustainability Report as per SEBI requirements.
- Reg. 34 (1) Annual Report. 2d
Annual reports
Concalls
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May 2025TranscriptNotesPPT
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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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May 2024Transcript PPT REC
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT
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Jun 2023TranscriptNotesPPT
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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]