C.E. Info Systems Ltd. (MAPMYINDIA) AI Stock Analysis

• Market Cap: ₹72.25B
• Dividend Yield: 0.21%
• Average Volume (3M): 13.49K
• Price to Earnings (P/E): 48.9
• Beta (1Y): 0.89
• Revenue Growth: 22.12%
• EPS Growth: 7.40%
• Country: IN
• Employees: 412
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 3.30
• Shares Outstanding: 54,721,664
• 10 Day Avg. Volume: 35,078
• 30 Day Avg. Volume: 13,487
• PEG Ratio: 6.85
• Price to Book (P/B): 11.73
• Price to Sales (P/S): 20.03
• P/FCF Ratio: 145.48
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: ₹1,393.00 ▼(-18.06% Downside)

C.E. Info Systems Ltd. has a strong financial foundation with consistent growth and profitability, which is the most significant factor in its stock score. However, technical analysis indicates bearish momentum, and the stock's high valuation relative to earnings suggests caution. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Proprietary mapping assets and OEM relationships

Owning and controlling proprietary map and POI databases provides durable competitive advantages: high switching costs, differentiated data quality, and licensing leverage. Long-term OEM and government partnerships amplify recurring revenue potential and support sustained platform monetization.

Sustained top-line growth

Consistent ~22% revenue growth signals robust demand for location services and successful commercial execution across enterprise, government, and automotive segments. Persistent revenue expansion supports scale economics, reinvestment in data, and the ability to fund product development and sales coverage over time.

Improving margins and low leverage

Improving gross and net margins coupled with a solid balance sheet allow the company to convert revenue into durable profits and retain flexibility. Low debt levels reduce financial risk and enable reinvestment in map updates, R&D, and commercial programs without overreliance on external financing.

Negative Factors

Rising capital expenditures pressure cash flow

A sustained increase in capex for data collection, tech and platform improvements can weigh on free cash flow generation. If capex growth outpaces revenue or cash conversion, it can constrain discretionary investment and reduce cushion for cyclical downtimes or large program ramp-ups.

Earnings growth lags revenue growth

EPS growth (~7.4%) materially trails revenue growth (~22%), suggesting rising costs, dilution, or lower operating leverage. Over the medium term, slower earnings conversion can limit retained earnings, reduce the pace of balance sheet build-up, and constrain shareholder returns if not addressed.

Dependence on large OEM and public-sector programs

Heavy reliance on multi-year OEM and government contracts creates revenue concentration and lumpiness. Program renewals and competitive bids determine material revenue portions; losing or deferring a large program can cause lasting top-line volatility and underutilized fixed investments.

C.E. Info Systems Ltd. Business Overview & Revenue Model

Company Description

C. E. Info Systems Limited, a data and technology products and platforms company, provides digital mapping, geospatial software, and location-based Internet of Things technology solutions in India. The company offers digital maps, geospatial data services, field work automation solutions, and location-based consumer apps and IoT gadgets, as well as automotive and mobility tech solutions suite and location-powered enterprise digital transformation solutions. It also provides developer APIs and SDKs, navigation and mobility, GIS, analytics, and AI, fleet management, and drone services. C. E. Info Systems Limited was founded in 1992 and is headquartered in New Delhi, India.

How the Company Makes Money

MapmyIndia generates revenue through multiple streams, primarily from offering subscription-based access to its mapping and location data services to businesses and government agencies. Key revenue sources include licensing fees for its software solutions, transactional fees from API usage, and custom mapping services for enterprises. The company also earns income through strategic partnerships with automotive manufacturers for in-car navigation systems and collaborations with tech firms for location-based applications. Additionally, MapmyIndia monetizes its data analytics capabilities by providing insights derived from its mapping technologies, contributing to its overall earnings.

C.E. Info Systems Ltd. Financial Statement Overview

Summary

C.E. Info Systems Ltd. demonstrates strong financial performance with consistent revenue growth, improved profit margins, and a solid balance sheet with low leverage. The company shows efficient cash management, although there is a moderate increase in capital expenditures.

Income Statement

C.E. Info Systems Ltd. demonstrates strong financial performance with a consistent revenue growth trajectory, particularly a significant increase from 2024 to 2025. Gross profit and net profit margins have improved, showcasing effective cost management and operational efficiency. The company maintains healthy EBIT and EBITDA margins, indicating robust profitability.

Balance Sheet

The balance sheet of C.E. Info Systems Ltd. is solid, highlighted by a low debt-to-equity ratio, which suggests financial stability and low leverage. The company has a strong equity ratio, reflecting a significant equity base and a high return on equity, indicating effective shareholder value creation. The growth in stockholders' equity year-over-year further strengthens the financial position.

Cash Flow

The company reports a positive trend in free cash flow, with notable growth in operating cash flow. The operating cash flow to net income ratio suggests efficient cash generation relative to earnings. However, there is a moderate increase in capital expenditures, which may impact future free cash flow if not managed carefully.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.83B	4.63B	3.79B	2.81B	2.00B	1.52B
Gross Profit	3.58B	2.19B	1.90B	1.74B	1.22B	718.89M
EBITDA	2.25B	1.80B	1.94B	1.52B	1.28B	910.73M
Net Income	1.57B	1.47B	1.34B	1.07B	870.30M	598.24M
Balance Sheet
Total Assets	0.00	9.42B	7.92B	6.71B	5.17B	4.27B
Cash, Cash Equivalents and Short-Term Investments	3.65B	3.65B	2.84B	3.32B	1.83B	2.21B
Total Debt	0.00	298.50M	257.30M	293.90M	190.95M	201.90M
Total Liabilities	-7.92B	1.50B	1.32B	1.28B	707.37M	696.71M
Stockholders Equity	7.92B	7.91B	6.59B	5.42B	4.46B	3.58B
Cash Flow
Free Cash Flow	0.00	637.70M	481.40M	673.50M	247.70M	796.12M
Operating Cash Flow	0.00	1.13B	755.20M	898.90M	287.60M	818.23M
Investing Cash Flow	0.00	-1.02B	-587.40M	-632.90M	-112.20M	-576.06M
Financing Cash Flow	0.00	-172.30M	-194.60M	83.20M	-109.40M	-56.55M

C.E. Info Systems Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1700.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MAPMYINDIA, the sentiment is Negative. The current price of 1700.1 is above the 20-day moving average (MA) of 1465.42, above the 50-day MA of 1592.59, and below the 200-day MA of 1737.17, indicating a bearish trend. The MACD of -96.24 indicates Positive momentum. The RSI at 26.86 is Positive, neither overbought nor oversold. The STOCH value of 23.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MAPMYINDIA.

C.E. Info Systems Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LATENTVIEW	74 Outperform	₹84.09B	44.02	―	―	31.50%	11.32%
INTELLECT	73 Outperform	₹127.05B	34.74	―	0.69%	15.87%	39.55%
BSOFT	63 Neutral	₹116.58B	24.53	―	1.42%	-2.00%	-25.81%
HAPPSTMNDS	62 Neutral	₹62.95B	30.99	―	1.26%	21.31%	-16.27%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
MAPMYINDIA	61 Neutral	₹72.25B	48.86	―	0.21%	22.12%	7.40%
TEJASNET	57 Neutral	₹60.51B	-7.89	―	0.55%	-17.23%	-185.73%

C.E. Info Systems Ltd. Corporate Events

C.E. Info Systems Confirms Full Demat Compliance for December Quarter

C.E. Info Systems Limited has submitted a confirmation certificate to the stock exchanges under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 2025. The company’s registrar and transfer agent, MUFG Intime India Private Limited, confirmed that no dematerialisation requests were received during the quarter and that the company has no physical share certificates outstanding, underscoring a fully dematerialised shareholding structure and ongoing compliance with securities market regulations.