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 ₹ 4,612 Cr.
- Current Price ₹ 842
- High / Low ₹ 2,000 / 795
- Stock P/E 34.4
- Book Value ₹ 165
- Dividend Yield 0.42 %
- 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% | 14% |
| 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: | -11% |
| 1 Year: | -52% |
| 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 | 93 | |
| -19 | -1 | -58 | -11 | -63 | -59 | -102 | -48 | |
| -4 | -19 | -6 | -11 | 8 | -19 | -17 | -53 | |
| Net Cash Flow | 3 | 7 | 19 | 7 | 36 | -3 | -6 | -7 |
| Free Cash Flow | 23 | 21 | 80 | 25 | 67 | 45 | 73 | 59 |
| CFO/OP | 169% | 133% | 189% | 75% | 112% | 72% | 89% | 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 | 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
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
25 May - Submitted Q4 FY26 earnings call transcript; revenue rose 54.8% sequentially and final dividend of ₹3.50 declared.
- 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.
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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May 2025TranscriptAI SummaryPPT
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Feb 2025Transcript PPT
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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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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 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.