C.E. Info Systems Limited
8,966words
7turns
0analyst exchanges
0executives
Key numbers — 40 extracted
35%
Rs 76
41%
Rs 141
32%
Rs 61
43%
8%
55%
29%
49%
rs,
Guidance — 1 items
Government Initiatives
opening
“You will be solely responsible for your own assessment of the market and the market position of the Company and you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the business of the Company.”
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Speaking time
2
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Opening remarks
Encl
1. Investor Presentation C.E. INFO SYSTEMS LIMITED (Previously Known as C.E. Info Systems Pvt Ud) 237, Okhla Industrial state, Phase • Ill, Ne Delhi 110020, Digital Address: eloc.me/mmi000, Email: contact@mapmyindia.com, Website: WWW.map yi dia.com, Phone: +91-11-4600 9900,CIN : L74899DL1995PLC0655511, A CMMI & ISO 9001 :2008 Certified Company MAPP LS ~ MapmyIndia C.E. Info Systems Ltd I n v e s t o r P r e s e n t a t i o n Q 2 & H 1 F Y 2 0 2 3 C . E . I N F O S Y S T E M S L I M I T E D O C T 2 0 2 2 MAP 7 Q2 & H1 FY23 Performance Management Commentary Consolidated Financial Highlights Consolidated Financials with and without Gtropy Consolidated Revenue by Markets and Product Line Business Updates for Q2 FY23 Investments in Q2 FY23, including Kogo Consolidated P&L Highlights Consolidated Financial Statements (extract) r L C . E . I N F O S Y S T E M S L I M I T E D w w w . m a p m y i n d i a . c o m , w w w . m a p p l s . c o m Management Commentary Q 2 & H 1 F Y 2 3 P e r f o r m
Broad-based revenue growth across all markets
1) Automotive & Mobility Tech, and 2) Consumer Tech & Enterprise Digital Transformation, and across all product lines: 1) Map & Data, and 2) Platform & IoT M A R K E T – A & M 1 M A R K E T – C & E 2 P R O D U C T L I N E All figures in INR Crores, unless otherwise mentioned 55% 72.1 46.5 29% 69.2 53.5 H1FY22 H1FY23 H1FY22 H1FY23 • Auto OEM sales, on the back of strong open order book, grew well in H1 (Q2 YoY not comparable as Q2 FY22 had spill-over effect from lockdown during Q1 FY22) • IoT sales to vehicle and fleet owners and operators increased on the back of expanded distribution, enterprise sales outreach & focus • Growth in sales to consumer tech companies and enterprises across private & public sector, including government, grew on the back of strong open order book and also new sales • More consumption of Map & Data, APIs & Digital Transformation Platform & IoT solutions, across more verticals, for more use cases 49% 81.9 32% 59.4 55.1 44.9 H1FY22 H1FY23 Map & Data ■ Platform
IV Tax expense
Total tax expenses V Profit for the period (PAT) 76 8 84 5 4 3 17 1 2 - 4 3 2 7 48 36 (0) 35 10 25 65 6 71 6 5 (4) 16 1 2 - 2 2 1 7 38 34 - 34 10 24 57 13 70 5 0 0 18 1 2 - 1 2 0 5 33 37 - 37 12 25 141 14 155 11 10 (0) 33 1 4 - 5 5 3 14 86 69 (0) 69 20 50 100 22 123 7 1 0 33 1 4 - 2 3 1 9 60 62 - 62 16 46 31.03.2022 (Audited) 200 42 242 17 2 (1) 58 2 8 - 7 7 2 21 125 117 - 117 30 87 14 Consolidated Cash Flow Statement (Extract) (INR Crores) Half Year Ended Half Year Ended 30.09.2022 (Unaudited) 30.09.2021 (Unaudited) Year Ended 31.03.2022 (Audited) Q 2 & H 1 F Y 2 3 P e r f o r m a n c e (INR Crores) Half Year Ended Half Year Ended Year Ended 31.03.2022 (Audited) 30.09.2021 (Unaudited) 30.09.2022 (Unaudited) A. Cash flows from operating activities Profit before tax
Adjustments for
Depreciation and amortisation Employee stock option expense Provision for doubtful receivables and advances Provision for inventory obsolescence Gain on sale of investments Dividend income from investments Interest income on fixed deposits Interest income on bonds Interest expense Liabilities written back (Fair Value gain in investments) Gain on de-recognition of Right-of-Use Assets Loss of associate company Income from Investment property Adjustments for working capital changes (Increase) / decrease in inventories (Increase) / decrease in trade receivables (Increase) / decrease in other financial assets and other assets Increase / (Decrease) in trade payables Increase/ (Decrease) in other financial liabilities, provisions and other liabilities Cash flows generated from operations Less: Income tax paid Net cash flows generated from operating activities Note: Figures in brackets indicate cash outflow. 69 4 1 0 1 (3) (0) (2) (8) 1 (0) 2 (0) (0) 65 (1) 1 (10) 1 6 62 (20) 43 62 4 1 (0) - (
Government Initiatives
Macro-Economic Enablers for digital maps and location intelligence 06 07 08 09 • Proprietary technology and network effect -> Strong entry barriers Marquee customers across sectors with capability to up-sell and cross-sell Increasing new orders; profitable and cash generating business model with consistent financial track record Founding team supported by an experienced professional management team Source: 1) F&S Report commissioned and paid for by the company 05 • Independent, global geospatial products and platforms company 20 B2B and B2B2C market leader for maps and geospatial products in India with a comprehensive suite of offerings A b o u t M a p m y I n d i a O U R C O M P R E H E N S I V E S U I T O F O F F E R I N G S P I O N E E R I N G D I G I T A L M A P P I N G I N I N D I A S I N C E 1 9 9 5 Digital Map & Geospatial Data (Products) Map, Location & Navigation (Products & Platforms) N-CASE Automotive & Mobility (Tech Solutions Suite) Location-based IoT, Fleet & Workforce Au
Government Initiatives
Macro-Economic Enablers for digital maps and location intelligence I n d u s t r y O v e r v i e w Liberalization of Geospatial Sector GPS-based toll collection method Automotive Industry Standard 140 (“AIS 140”)2 Digital India Land Records Modernization Programme3 Plans to make ADAS compulsory in all cars by 2022 Geotagging of Companies4 Telematics in Insurance5 Drone Rules, 2021 - Liberalized and simplified drone regulations6 Allowed “Beyond Visual Line of Sight” flight testing of drones7 Digital India Initiatives Source: 1) F&S Report commissioned and paid for by the company; Note: 2) All State public transport vehicles need a vehicle tracking system, a camera surveillance system and emergency SOS panic button; 3) Digitize the existing land records and develop an Integrated Land Information Management System; 4) Requires all registered companies to file particulars about the registered offices in E-form ACTIVE; 5) IRDAI has proposed the adoption of Telematics in motor insurance; 6)
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