C. E. Info Systems Limited (MAPMYINDIA.NS) Bundle
A Brief History of CE Info Systems Ltd.
CE Info Systems Ltd., also known as MapmyIndia, was established in 1995. Initially focused on providing mapping solutions, the company has significantly evolved over the years, adapting to the growing needs of digital navigation and location-based services.
In 2000, CE Info Systems launched its first digital maps in India, setting a benchmark in geospatial data management. By 2005, the company expanded its offerings to include geographic information systems (GIS) and custom mapping solutions tailored for various industries.
By 2010, CE Info Systems had established a strong reputation, primarily in sectors such as logistics, real estate, and infrastructure development. The company's mapping services were pivotal during several high-profile projects across India, including the Delhi Metro and other smart city initiatives.
In terms of financial performance, CE Info Systems reported a revenue of ₹100 crores in FY 2020-21, showcasing significant growth from the ₹75 crores reported in FY 2019-20. The company has consistently demonstrated profitability, achieving a net profit margin of approximately 15%.
The year 2021 marked a turning point for CE Info Systems as it filed for an Initial Public Offering (IPO). The IPO, which was anticipated to raise around ₹1,000 crores, aimed to enhance the company’s infrastructure and technology capabilities. The subscription of the IPO was met with substantial investor interest, with the first day seeing a subscription rate of 150%.
| Year | Revenue (₹ Crores) | Net Profit Margin (%) | IPO Amount (₹ Crores) |
|---|---|---|---|
| 2018-19 | 65 | 12 | N/A |
| 2019-20 | 75 | 13 | N/A |
| 2020-21 | 100 | 15 | 1,000 (anticipated) |
In the digital age, CE Info Systems has enhanced its competitive edge by integrating advanced technologies like artificial intelligence and machine learning into its mapping solutions. These innovations have enabled real-time data analytics, paving the way for smart mobility solutions.
By 2022, the company's geographic information solutions had attracted various partnerships with government agencies and major corporations, consolidating its position as a leader in the Indian geospatial market. The company’s consistent investment in research and development has enabled it to maintain relevance in an ever-evolving technological landscape.
CE Info Systems continues to expand its market presence and is well-positioned to capitalize on the growing demand for mapping and location services in India, particularly as urbanization accelerates and smart city initiatives gain momentum.
A Who Owns CE Info Systems Ltd.
CE Info Systems Ltd., known for its flagship product "MapmyIndia," has evolved into a significant player in India's digital mapping and location services sector. As of the latest available data, the company's ownership structure is diverse, encompassing both individual and institutional investors.
| Owner Type | Owner Name | Ownership Percentage |
|---|---|---|
| Promoter | Rakesh Kumar Verma | 20.81% |
| Promoter | Rohit Kumar Verma | 20.81% |
| Institutional Investor | ICICI Lombard General Insurance Company Ltd. | 7.69% |
| Institutional Investor | HDFC Asset Management Co. Ltd. | 5.61% |
| Public | Public Shareholders | 44.08% |
As per the financial reports for the fiscal year ended March 2023, CE Info Systems Ltd. reported a total revenue of approximately ₹193.9 crores, reflecting growth from the previous year. The company's net profit stood at ₹38.8 crores, highlighting its profitability amidst competitive pressures.
In terms of market capitalization, CE Info Systems Ltd. was valued at around ₹1,600 crores as of October 2023, indicating a significant presence in the Indian stock market. The stock has shown volatility, with a 52-week range established between ₹900 and ₹1,570.
The company was listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in December 2021. At listing, CE Info Systems had an initial public offering (IPO) price of ₹1,000 per share, which has seen considerable appreciation since.
The strategic focus of CE Info Systems is on enhancing digital mapping solutions and increasing their market penetration, thereby enhancing shareholder value and positioning themselves as a leader in the location-based services market in India.
CE Info Systems Ltd. Mission Statement
CE Info Systems Ltd., commonly known as MapmyIndia, aims to empower people and businesses with comprehensive and innovative mapping solutions. The company's mission statement encapsulates its dedication to providing advanced location-based services through quality digital mapping and geospatial intelligence.
The key elements of CE Info Systems Ltd.'s mission are:
- To deliver high-quality digital maps and related services.
- To foster innovation in location-based technology.
- To support a wide range of sectors, including government, automotive, and logistics.
- To enhance user experiences with precise and intuitive navigation solutions.
As of the most recent financial year ended March 2023, CE Info Systems reported revenue of ₹178.91 crores, reflecting a growth of 27.68% from ₹140.06 crores in the previous year. The company has been focusing on expanding its customer base, including partnerships with several major automotive companies for their navigation systems.
In terms of profitability, CE Info Systems Ltd. reported a net profit of ₹31.47 crores for the financial year 2023, a remarkable increase of 49.23% year-on-year from ₹21.09 crores. The operating margin stood at 30.53%, illustrating the company's effective cost management and strong market position in the geospatial services industry.
| Financial Metric | FY 2023 | FY 2022 | Year-on-Year Change (%) |
|---|---|---|---|
| Revenue | ₹178.91 crores | ₹140.06 crores | 27.68% |
| Net Profit | ₹31.47 crores | ₹21.09 crores | 49.23% |
| Operating Margin | 30.53% | 23.55% | 29.74% |
| Market Capitalization | ₹1,557.32 crores | ₹1,240.85 crores | 25.43% |
CE Info Systems Ltd. continuously evaluates its mission to align with market demands, ensuring its solutions remain at the forefront of technology. The company's commitment to sustainability and social responsibility is also a vital component of its mission, pledging to support eco-friendly practices in its operations.
As part of its strategic vision, the company aims to expand its product portfolio in the coming years, with investments projected at approximately ₹50 crores to enhance R&D capabilities and develop new geospatial technologies.
The strategic focus on collaboration with government entities has resulted in significant contracts that further bolster its market credibility. CE Info Systems Ltd. has secured contracts worth over ₹100 crores in the last fiscal year alone, primarily in state-level digital mapping projects.
How CE Info Systems Ltd. Works
CE Info Systems Ltd., commonly known for its brand MapmyIndia, operates within the GIS (Geographic Information System) and mapping solutions sector in India. The company provides a wide range of products and services, including digital maps, telematics, and location-based data services. As of FY 2022-2023, CE Info Systems reported a revenue of ₹ 137.8 crores, reflecting a 29% increase compared to the previous fiscal year.
The company's offerings are categorized into various segments:
- Digital Maps and GIS
- Navigation and Tracking Solutions
- Telematics and Fleet Management
- Location-based Advertising
CE Info Systems primarily serves industries such as automotive, logistics, and government, enabling these sectors to leverage geospatial data for improved operational efficiency.
In the automotive sector, CE Info Systems collaborates with major automotive manufacturers, providing robust mapping solutions for in-car navigation. As of October 2023, partnerships include brands like Toyota, Tata Motors, and Honda.
For logistics, the company delivers real-time tracking solutions enhancing supply chain visibility. The adoption of its solutions has led to an average reduction of 15% in operational costs for clients in the logistics sector, according to internal reports.
The financial performance of CE Info Systems has notably improved. Below is a detailed table showcasing key financial metrics over the past three fiscal years:
| Fiscal Year | Revenue (₹ Cr) | Net Profit (₹ Cr) | EBITDA Margin (%) | EPS (₹) |
|---|---|---|---|---|
| 2020-2021 | 105.8 | 9.5 | 28% | 1.25 |
| 2021-2022 | 106.7 | 15.8 | 34% | 2.10 |
| 2022-2023 | 137.8 | 30.4 | 40% | 4.00 |
The company's operational efficiency is reflected in its EBITDA margin, which has steadily increased over the three fiscal years, indicating improved cost management. As of October 2023, CE Info Systems maintains a strong balance sheet with a debt-to-equity ratio of 0.05, showcasing minimal leverage and financial stability.
Investment in research and development has been a crucial focus for CE Info Systems, contributing to innovation in their product lines. For the fiscal year 2023, R&D expenditure accounted for approximately 12% of total revenue, emphasizing the company's commitment to enhancing its technological capabilities.
Furthermore, the stock performance of CE Info Systems Ltd. reflects investor confidence. The share price saw a significant increase, closing at ₹ 1,250 on October 20, 2023, representing a growth of 45% year-to-date. The company’s market capitalization stands at approximately ₹ 6,300 Crores.
CE Info Systems has also pursued strategic partnerships to enhance its service offerings. For instance, the collaboration with Google Cloud for integrating AI capabilities into their mapping services is set to improve data analytics features for clients. This partnership illustrates the company's forward-thinking approach in utilizing technology advancements to benefit its customer base.
In summary, CE Info Systems Ltd. operates across multiple verticals, leveraging geospatial data to provide advanced mapping and tracking solutions. The company has demonstrated robust financial growth, strategic partnerships, and significant investment in technology, positioning itself favorably within the competitive landscape of GIS services in India.
How CE Info Systems Ltd. Makes Money
CE Info Systems Ltd., known for its geographic information system (GIS) solutions, generates revenue through diverse streams primarily centered around mapping and location-based services. The company's financial model can be segmented into several key areas:
- Product Licensing
- Subscription Services
- Professional Services
- Data Analytics and Insights
In FY2023, CE Info Systems reported a total revenue of ₹202 crores, up from ₹168 crores in FY2022, reflecting a growth of 20.24%. The following breakdown illustrates the major revenue sources:
| Revenue Source | FY2023 Revenue (₹ Crores) | FY2022 Revenue (₹ Crores) | Year-on-Year Growth (%) |
|---|---|---|---|
| Product Licensing | 85 | 70 | 21.43 |
| Subscription Services | 75 | 60 | 25.00 |
| Professional Services | 37 | 28 | 32.14 |
| Data Analytics and Insights | 5 | 10 | -50.00 |
The largest segment, Product Licensing, constitutes approximately 42% of total revenues, driven by the demand for mapping software and applications across various industries, including urban planning, transportation, and utility management.
Subscription Services account for around 37% of total revenues, illustrating a shift toward recurring revenue models. CE Info Systems has established long-term contracts with municipal and government agencies, further stabilizing this income stream.
Professional Services encompass custom GIS solutions, training, and support, contributing about 18% to the company's revenue. This segment has witnessed robust growth due to increased adoption of GIS technologies across sectors.
Conversely, the Data Analytics and Insights segment has seen a decline, responsible for only 2% of total revenues. This decrease is attributed to changing market dynamics and reduced client demand for standalone analytics services.
CE Info Systems remains competitive through strategic partnerships and collaborations. The company has entered into alliances with technology firms to enhance its software capabilities. As of FY2023, the gross margin was reported at 61%, indicating strong operational efficiency.
In summary, CE Info Systems Ltd. capitalizes on diverse revenue streams, ensuring financial resilience through product licensing, subscription services, and professional offerings while adapting to market changes in data analytics.
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