CE Info Systems Ltd
MAPMYINDIACE Info Systems Ltd
MAPMYINDIAPrice Chart
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
66.47 | 13.59 | 0.21% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
34.43 | 9.08 | 1.70% |
Forecast & Ratings
Detailed Forecast from 6 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
C.E. Info systems 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”).
Investor Presentation
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Compare with peersOracle Financial Services Software Ltd
Persistent Systems Ltd
L&T Technology Services Ltd
Tata Elxsi Ltd
Cyient Ltd
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Forecasts
Price
Revenue
Earnings
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Revenue Forecast
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Earnings Per Share Forecast
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 163.34 | 163.48 | 192.27 | 241.99 | 315.78 | 417.58 | 448.03 | |||||||
Raw Materials | 18.27 | 14.49 | 15.54 | 19.19 | 49.76 | 62.40 | 250.22 | |||||||
Power & Fuel Cost | 1.42 | 1.59 | 1.29 | 1.48 | 1.72 | 1.80 | ||||||||
Employee Cost | 50.75 | 64.27 | 53.96 | 57.53 | 66.19 | 74.56 | ||||||||
Selling & Administrative Expenses | 20.47 | 27.93 | 21.22 | 28.32 | 38.84 | 71.82 | ||||||||
Operating & Other expenses | 18.84 | 11.00 | 9.05 | 7.72 | 7.32 | 14.14 | ||||||||
EBITDA | 53.59 | 44.20 | 91.21 | 127.75 | 151.95 | 192.86 | 197.81 | |||||||
Depreciation/Amortization | 9.15 | 9.77 | 9.80 | 8.26 | 9.90 | 14.81 | 17.99 | |||||||
PBIT | 44.44 | 34.43 | 81.41 | 119.49 | 142.05 | 178.05 | 179.82 | |||||||
Interest & Other Items | 2.63 | 2.84 | 2.53 | 2.16 | 2.79 | 2.93 | 2.91 | |||||||
PBT | 41.81 | 31.59 | 78.88 | 117.33 | 139.26 | 175.12 | 176.91 | |||||||
Taxes & Other Items | 8.24 | 8.40 | 19.06 | 30.30 | 32.01 | 41.16 | 42.07 | |||||||
Net Income | 33.57 | 23.19 | 59.82 | 87.03 | 107.25 | 133.96 | 134.84 | |||||||
EPS | 65.69 | 45.38 | 117.05 | 29.83 | 20.06 | 24.87 | 24.94 | |||||||
DPS | 0.00 | 0.00 | 0.00 | 2.00 | 5.00 | 3.50 | 3.50 | |||||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.07 | 0.25 | 0.14 | 0.14 |
Company Updates
Investor Presentation
Peers & Comparison
Information TechnologySoftware Services
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
CE Info Systems Ltd | 66.91 | 13.59 | 0.21% |
Oracle Financial Services Software Ltd | 43.68 | 12.34 | 2.15% |
Persistent Systems Ltd | 80.02 | 17.65 | 0.46% |
L&T Technology Services Ltd | 41.67 | 10.16 | 0.97% |
Price Comparison
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Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 1.24%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding CE Info Systems Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Tata Small Cap Fund-Direct Plan-Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.3425% | Percentage of the fund’s portfolio invested in the stock 2.22% | Change in the portfolio weight of the stock over the last 3 months -0.81% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 15/58 (-9) |
Franklin India Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.1573% | Percentage of the fund’s portfolio invested in the stock 1.84% | Change in the portfolio weight of the stock over the last 3 months 0.10% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 16/74 (+3) |
ICICI Prudential Technology Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8159% | Percentage of the fund’s portfolio invested in the stock 0.54% | Change in the portfolio weight of the stock over the last 3 months 0.54% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 32/79 (+35) |
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Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 2, 2024
Dividend/Share
₹3.50
Ex DateEx Date
Aug 2, 2024
Cash Dividend
Ex DateEx DateAug 25, 2023
Dividend/Share
₹3.00
Ex DateEx Date
Aug 25, 2023
Cash Dividend
Ex DateEx DateFeb 15, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Feb 15, 2022
Revenue from operations jumped 13.82% year on year (YoY) to Rs 103.67 crore in Q2 FY25. Profit before tax stood at Rs 41.06 crore in Q2 FY25, down 8.18% from Rs 44.72 crore recorded in the corresponding quarter previous fiscal. EBITDA fell by 7.49% to Rs 37.5 crore in Q2 FY25 as compared to Rs 40.5 crore posted in same quarter last year. EBITDA margin reduced to 36.1% in Q2 FY25 as against 44.5% in Q2 FY24. Cash and cash equivalents (including financial instruments) stood at Rs 565.5 crore during the quarter as against Rs 517.9 posted in Q2 FY24. On half year basis, the company's net profit rose 1.76% to Rs 66.24 crore on 13.66% increased in revenue from operations to Rs 205.16 crore in H1 FY25 over H1 FY24. Commenting on the Q2 and H1 FY25 results, Rakesh Verma, Chairman and MD, MapmyIndia, said 'MapmyIndia has received official board approval to establish a joint venture with Hyundai Autoever, a wholly owned subsidiary of Hyundai Kia. MapmyIndia will hold a 40% stake with a capital investment of $4 million. The joint venture, named PT Terra Link Technologies, will be based in Indonesia and will concentrate on providing map-based solutions for automotive OEMs and other businesses across Southeast Asia. Estimated Revenue of JV would be to the tune of USD multimillion over the next 5 years with order booking and revenue commencing from FY26 itself. This JV will also benefit current customers of MapmyIndia. Our Q2 FY25 revenue from operations increased to Rs 104 crore, a 14% YoY growth and the first half of FY25 (H1 FY25) saw revenue growing to Rs. 205 crore as against Rs 181 crore in H1 FY24. EBITDA for H1 FY25 reached Rs 80 crore, yielding a margin of 39.1%, compared to Rs 78 crore and a margin of 43.2% in H1 FY24. EBITDA for Q2 FY25 was Rs 37.5 crore, yielding a margin of 36.1%, compared to Rs 40.5 crore and a margin of 44.5% in Q2 FY24. Decrease in margin is primarily due to investing on a continuous basis during the last four quarters in consumer business for the future growth and these investments are booked as expenses. Profit after tax (PAT) for H1 FY25 rose to Rs 66 crore, compared to Rs 65 crore in H1 FY24. Our IoT-led EBITDA margin improved significantly, rising from 7% to 14% during the same period. We are on track for achieving our goals of FY 27-28.' Sapna Ahuja, COO, MapmyIndia, said 'The overall market we serve faced challenges in Q2 FY25, but we managed to perform reasonably well thanks to our open orders and strong teamwork. In H1 FY25, our Automotive & Mobility Tech (A&M) revenue rose by 19.3% YoY, while our Consumer Tech & Enterprise Digital Transformation (C&E) revenue grew by 8.2%. Specifically, in Q2 FY25, A&M revenue increased by 27% to Rs 60.9 crore YoY. While C&E revenue remained steady at Rs 42.7 crore with our efforts during past many quarters, we finally could enter the international market with a significant win of PT Terra Link Technologies in the South East Asian region for map solutions. We successfully acquired new customers and deepened our relationships with existing clients through upselling and cross-selling. This included significant wins and go-lives across various sectors, including automotive, fleet management, tech startups, traditional corporations, government entities and defence. Our diverse range of solutions saw increased adoption, such as our ADAS and EV Mobility stack, video telematics for fleets, APIs and SDKs for app developers and enterprises, and geospatial solutions like 3D digital twin mapping. Additionally, the adoption of our consumer products continues to rise steadily.' Meanwhile, the board considered & approved the incorporation of a Joint Venture (JV) company in Indonesia between the company and Hyundai AutoEver (wholly owned subsidiary of Hyundai Motor Company), Korea with the name PT Terra Link Technologies with an initial capital of $10 million and the company has approved the investment of $4 Million for acquiring 40% stake in proposed JV. Further, the company's board has approved to further invest an amount of $0.5 Million in its wholly owned subsidiary company C.E. International Inc., USA in one or more tranches. C.E. Info Systems provides digital map data, GPS navigation and location-based services, software and customizing its products to customers (combined) through royalty, annuity, subscription.Powered by Capital Market - Live
The Board of C.E. Info Systems at its meeting held on 08 November 2024 has approved to further invest an amount of USD 0.5 Million in its Wholly Owned Subsidiary Company C.E. International Inc., USA in one or more tranches.Powered by Capital Market - Live
The Board of C.E. Info Systems at its meeting held on 08 November 2024 has approved the incorporation of a joint venture company in Indonesia between the company and Hyundai AutoEver (wholly owned subsidiary of Hyundai Motor Company), Korea with the name PT Terra Link Technologies with an initial capital of USD 10 Million and the Company has approved the investment of USD 4 Million for acquiring 40% stake in proposed JV.Powered by Capital Market - Live
Net profit of C.E. Info Systems declined 8.20% to Rs 30.33 crore in the quarter ended September 2024 as against Rs 33.04 crore during the previous quarter ended September 2023. Sales rose 13.82% to Rs 103.67 crore in the quarter ended September 2024 as against Rs 91.08 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales103.6791.08 14 OPM %35.7944.41 - PBDT46.2747.93 -3 PBT40.7044.20 -8 NP30.3333.04 -8 Powered by Capital Market - Live
C.E. Info Systems will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live
C.E. Info Systems will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live
Revenue from operations jumped 13.51% year on year (YoY) to Rs 101.49 crore in Q1 FY25. Profit before tax stood at Rs 47.15 crore in Q1 FY25, up 12.66% from Rs 41.85 crore recorded in the corresponding quarter previous fiscal. EBITDA grew by 14.3% to Rs 42.8 crore in Q1 FY25 as compared to Rs 37.4 crore posted in same quarter last year. EBITDA margin improved to 42.1% in Q1 FY25 as against 41.9% in Q1 FY24. Cash and cash equivalents (including financial instruments) stood at Rs 552.3 crore during the quarter as against Rs 492.4 posted in Q1 FY24. Rakesh Verma, chairman & managing director, MapmyIndia, said, 'Our Map-led business demonstrated strong growth of 17.2% and EBITDA margins of 50.1%. Our IoT-led business, as per our focus, showed tremendous growth of 89.6% in its High Margin SaaS revenue. During Q1FY25, we also expanded the capabilities and addressable market for MapmyIndia to cover AI-Driven Data Analytics & Consulting needs of customers across industry verticals, and this will be beneficial to MapmyIndia in the time to come. The levers for growth and profitability are in place, and we are on track towards our milestone of crossing Rs 1000 crore revenue by FY27/FY28.' Rohan Verma, CEO & executive director, MapmyIndia, said, 'During Q1FY25, our A&M (Automotive & Mobility Tech) revenue grew 9.5% and C&E (Consumer Tech & Enterprise Digital Transformation) revenue grew 16.9%. New customer acquisition as well as up-sell and cross-sell of newer use cases and solutions to existing customers were on track, with key wins and go-lives across all our customer segments including automotive, fleets, newage tech companies and traditional corporates, and the government, including defence. Our wide range of solutions saw increased adoption, such as our E-Horizon for ADAS & Advanced EVs, Video Telematics for Fleets, APIs & SDKs for app developers & enterprises, geospatial solutions including 3D digital twin mapping. Besides our offerings of MaaS, SaaS, PaaS and IoT devices, the new add-on ability to deliver AI-driven Data Analytics and Bespoke Consulting to Enterprise clients, will aid us in increasing our value proposition and share of wallet amongst our customers as we can aid them in their digital transformation journey, in an even bigger way. Finally, our consumer products' adoption continues to rise nicely.' C.E. Info Systems provides digital map data, GPS navigation and location-based services, software and customizing its products to customers (combined) through royalty, annuity, subscription. The counter advanced 2.06% to ends at Rs 2,226.90 on Friday, 9 August 2024.Powered by Capital Market - Live
Net profit of C.E. Info Systems rose 11.17% to Rs 35.82 crore in the quarter ended June 2024 as against Rs 32.22 crore during the previous quarter ended June 2023. Sales rose 13.51% to Rs 101.49 crore in the quarter ended June 2024 as against Rs 89.41 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales101.4989.41 14 OPM %41.5841.82 - PBDT51.6745.04 15 PBT47.1541.85 13 NP35.8232.22 11 Powered by Capital Market - Live
‘This Is Very Opportunistic’: Bhavish Aggarwal Says Ola Will Respond To MapMyIndia Publicly Over ‘Copycat’ Allegations
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Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 20.65%, vs industry avg of 14.2%
Increasing Market Share
Over the last 5 years, market share increased from 0.49% to 0.64%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 31.89%, vs industry avg of 16.3%