CE Info Systems

₹1810.7 6.4 | 0.4%

WEBSITE BSE:543425 NSE : MAPMYINDIA 10 May, 16:01

Market Cap ₹9791 Cr.

Stock P/E 78.6

P/B 15.3

Current Price ₹1810.7

Book Value ₹ 118.6

Face Value 2

52W High ₹2340

Dividend Yield 0.17%

52W Low ₹ 1018.6

Edit Ratio

CE Info Systems Research see more...

Unlocking Growth: In-Depth Analysis of CE Info Systems (Map My India)

Equity Research: CE Info systems Limited

Overview Inc. Year: 1995Industry: IT - Software

CE Info Systems Ltd., a records and technology products and platforms employer, provides digital mapping, geospatial software, and region-primarily based Internet of Things generation solutions in India. The employer additionally offers fleet control and area work automation associated products. In addition, the organisation offers location-primarily based purchaser apps and IoT devices, developer GIS and analytics APIs and SDKs merchandise, navigation and mobility, and drone services as well as car and mobility tech solutions suite and location-powered agency digital transformation solutions. CE Info Systems Ltd. was founded in 1992 and is primarily based in New Delhi, India.

CE Info Systems Share Price

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Peer Comparison

CE Info Systems Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	57	43	57	65	76	68	72	89	91	92
Other Income	13	9	12	6	8	11	10	8	8	12
Total Income	70	52	69	71	84	78	83	98	99	104
Total Expenditure	31	28	32	35	46	40	43	52	50	56
Operating Profit	40	24	37	36	38	38	39	46	49	48
Interest	1	0	1	1	1	1	1	1	1	1
Depreciation	2	2	2	2	2	2	4	3	4	4
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	37	22	34	34	36	36	34	42	45	43
Provision for Tax	12	3	11	10	10	6	6	10	11	11
Profit After Tax	25	19	23	24	25	30	28	32	34	32
Adjustments	0	0	-0	-0	0	-0	-0	0	-1	-1
Profit After Adjustments	25	19	23	24	25	30	28	32	33	31
Adjusted Earnings Per Share	4.8	3.5	4.2	4.5	4.7	5.5	5.2	6	6.1	5.7

CE Info Systems Profit & Loss

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	135	149	152	200	281	344
Other Income	28	15	40	50	37	38
Total Income	163	163	193	250	319	384
Total Expenditure	110	119	102	122	166	201
Operating Profit	54	44	91	128	152	182
Interest	3	3	3	2	3	4
Depreciation	9	10	10	8	10	15
Exceptional Income / Expenses	0	0	0	0	0	0
Profit Before Tax	42	32	79	117	139	164
Provision for Tax	8	8	19	30	32	38
Profit After Tax	34	23	60	87	108	126
Adjustments	0	0	0	-0	-0	-2
Profit After Adjustments	34	23	60	87	107	124
Adjusted Earnings Per Share	13.1	9.1	23.4	16.3	20	23

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	41%	24%	0%	0%
Operating Profit CAGR	19%	51%	0%	0%
PAT CAGR	24%	67%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	69%	NA%	NA%	NA%
ROE Average	23%	27%	24%	24%
ROCE Average	28%	28%	22%	22%

CE Info Systems Balance Sheet

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	285	298	358	446	542
Minority's Interest	0	0	0	-0	0
Borrowings	0	1	0	1	2
Other Non-Current Liabilities	21	16	16	12	7
Total Current Liabilities	30	38	51	53	113
Total Liabilities	336	353	425	512	664
Fixed Assets	36	32	25	36	41
Other Non-Current Assets	143	149	130	207	181
Total Current Assets	158	171	269	269	441
Total Assets	336	353	425	512	664

CE Info Systems Cash Flow

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	0	0	34	41
Cash Flow from Operating Activities	27	27	82	29	90
Cash Flow from Investing Activities	-19	-2	-58	-11	-63
Cash Flow from Financing Activities	-4	-19	-6	-11	8
Net Cash Inflow / Outflow	3	6	19	7	35
Closing Cash & Cash Equivalent	3	7	19	41	76

CE Info Systems Ratios

#	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	13.14	9.08	23.41	16.34	19.99
CEPS(Rs)	16.72	12.9	27.25	17.9	21.89
DPS(Rs)	0	2.8	0	2	3
Book NAV/Share(Rs)	55.89	59.61	83.57	80.85	97.93
Core EBITDA Margin(%)	18.86	19.75	33.29	39	40.87
EBIT Margin(%)	32.85	23.17	53.4	59.61	50.47
Pre Tax Margin(%)	30.91	21.26	51.74	58.54	49.48
PAT Margin (%)	24.82	15.61	39.24	43.44	38.2
Cash Profit Margin (%)	31.58	22.18	45.66	47.56	41.72
ROA(%)	9.98	6.73	15.39	18.6	18.29
ROE(%)	23.5	15.72	32.7	27.04	22.5
ROCE(%)	15.58	11.8	24.78	29.6	28.16
Receivable days	64.49	67.57	71.11	65.37	66
Inventory Days	9.41	9.68	8.57	9.77	13.08
Payable days	82.3	131.96	116.94	103.38	72.7
PER(x)	0	0	0	92.34	49.59
Price/Book(x)	0	0	0	18.67	10.12
Dividend Yield(%)	0	0	0	0.13	0.3
EV/Net Sales(x)	0.82	0.68	0.43	39.81	18.59
EV/Core EBITDA(x)	2.08	2.3	0.73	62.46	34.37
Net Sales Growth(%)	0	9.89	2.58	31.47	40.42
EBIT Growth(%)	0	-22.51	136.44	46.77	18.88
PAT Growth(%)	0	-30.9	157.92	45.54	23.5
EPS Growth(%)	0	-30.9	157.93	-30.19	22.31
Debt/Equity(x)	0	0	0	0.01	0.03
Current Ratio(x)	5.28	4.47	5.28	5.03	3.89
Quick Ratio(x)	5.16	4.36	5.23	4.88	3.79
Interest Cover(x)	16.88	12.14	32.21	55.32	50.91
Total Debt/Mcap(x)	0	0	0	0	0

CE Info Systems Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	53.73	53.73	53.73	53.31	53.31	53.31	53.31	52.93	52.91	52.91
FII	5.8	5.57	5.6	5.57	5.5	6.61	4.02	5.75	5.98	6.73
DII	5.1	4.81	5.26	5.08	4.41	4.85	6.93	5.8	4.29	4.72
Public	35.38	35.9	35.41	36.04	36.78	35.24	35.74	35.53	36.82	35.64
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	2.86	2.86	2.86	2.86	2.86	2.86	2.86	2.86	2.86	2.86
FII	0.31	0.3	0.3	0.3	0.3	0.35	0.22	0.31	0.32	0.36
DII	0.27	0.26	0.28	0.27	0.24	0.26	0.37	0.31	0.23	0.26
Public	1.88	1.91	1.89	1.93	1.97	1.89	1.92	1.92	1.99	1.93
Others	0	0	0	0	0	0	0	0	0	0
Total	5.32	5.32	5.32	5.37	5.37	5.37	5.37	5.4	5.41	5.41

Pros

Company has a good return on equity (ROE) track record: 3 Years ROE 27%
Debtor days have improved from 103.38 to 72.7days.
Company is almost debt free.

Cons

Stock is trading at 15.3 times its book value.

* 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.