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]
Strengths
- +Company is almost debt free.
- +Company has delivered good profit growth of 46.5% CAGR over last 5 years
- +Company has been maintaining a healthy dividend payout of 17.0%
Weaknesses
- −Earnings include an other income of Rs.61.4 Cr.
- −Working capital days have increased from 41.4 days to 69.6 days
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 51.98% | 51.67%▼0.3 | 51.67% | 51.65%▼0.0 | 51.65% | 51.36%▼0.3 | 51.36% | 51.41%▲0.0 |
| FIIs | 6.41% | 6.44%▲0.0 | 4.66%▼1.8 | 4.44%▼0.2 | 5.36%▲0.9 | 4.63%▼0.7 | 3.9%▼0.7 | 3.15%▼0.8 |
| DIIs | 5.76% | 5.76% | 7.14%▲1.4 | 8.91%▲1.8 | 12.06%▲3.2 | 13.07%▲1.0 | 13.95%▲0.9 | 14.31%▲0.4 |
| Public | 35.85% | 36.14%▲0.3 | 36.54%▲0.4 | 35.01%▼1.5 | 30.93%▼4.1 | 30.94%▲0.0 | 30.78%▼0.2 | 31.12%▲0.3 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 80 | 76 | 85 | 86 | 84 | 96 | 118 | 103 | 85 | 85 |
| Expenses | 40 | 42 | 49 | 46 | 50 | 57 | 66 | 47 | 65 | 62 |
| Operating Profit | 39 | 34 | 36 | 41 | 34 | 39 | 52 | 56 | 20 | 23 |
| OPM % | 49% | 45% | 42% | 47% | 41% | 40% | 44% | 55% | 24% | 27% |
| Net Profit | 34 | 32 | 38 | 37 | 31 | 33 | 49 | 50 | 18 | 22 |
| EPS ₹ | 6.31 | 5.98 | 6.99 | 6.89 | 5.75 | 5.99 | 8.98 | 9.25 | 3.38 | 4.11 |
AI Insights
TTM revenue at ₹391Cr, up 1.8% YoY. OPM at 39%.
Borrowings at ₹10Cr. Debt-to-equity ratio: 0.01x. Healthy balance sheet.
DIIs: 14.31% (+7.38pp change). FIIs: 3.15% (-0.87pp change). Promoters hold 51.41%.
ROCE improving from 0% (Mar 2018) to 28% (Mar 2025). Working capital days: 70.
PE 36.8x with 27.6% ROCE. Price is 501% above book value of ₹157. Dividend yield: 0.35%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 14 May - Q4 FY2026 earnings call scheduled for 20 May 2026 at 11:00 a.m. IST.
- Board Meeting Intimation for Intimation For Board Meeting 14 May - Board meeting on May 19, 2026 to approve FY26 audited results and final dividend.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - C.E. Info Systems says it is not a Large Corporate as of March 31, 2026.
- Change In Designation Of SMP 6 Apr - Board approved SMP designation changes effective April 6, 2026, including added CHRO and COO roles.
- Board Meeting Outcome for Outcome Of Board Meeting 6 Apr - Board approved 6 Apr 2026 designation changes: Rashmi Verma as CTO+CHRO; Shishir Kumar Verma COO/CHRO; Rishin Kalra CTO.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse