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Black Bear Labs MAPMYINDIA · Q4 FY23 · investor presentation

MAPMYINDIA

MapmyIndia reported strong financial performance for Q4 FY23, with revenue up 41% YoY to Rs 282 Cr and PAT up 24% YoY. The IoT-led business grew significantly, contributing to overall growth despite higher hardware costs. Management highlighted expansion into new markets and strategic investments as key drivers for future growth.

Scale of reported figures

Revenue from operations₹282 crPAT₹108 crEBITDA₹118 crOrder Book₹918 cr

Key financials

Revenue from operations₹282 croreFY23
PAT₹108 croreFY23
EBITDA₹118 croreFY23
Order Book₹918 croreFY23

Segment commentary

IoT-led business

Revenue grew 140% YoY in FY23, with EBITDA margins improving from 1% to 4% due to higher SaaS income.

Automotive & Mobility Tech (A&M)

Revenue up 34.1% YoY, driven by increased vehicle sales and new EV partnerships.

Consumer Tech & Enterprise Digital Transformation (C&E)

Strong penetration in BFSI and government sectors with multiple wins for location-based analytics.

Guidance & outlook

  • Continued focus on innovation and expansion into international markets.
  • Expectation of sustained growth due to a strong order book and customer retention.

Key takeaways

  • Strong financial performance with revenue up 41% YoY, driven by both Map-led and IoT-led businesses.
  • Expansion into new markets and strategic partnerships are key growth drivers.
  • IoT segment shows high growth potential despite current margin challenges.

Risks flagged

  • Higher hardware costs impacting margins in IoT segment.
  • Semiconductor shortages affecting Q4 FY22 results.

In their words

“...potential addressable market of 20 crore vehicles...”— Rohan Verma, CEO
herofinancialssegmentstakeawaysquote
Educational analysis only. Not investment advice. Consult a SEBI-registered advisor before investing. Source: https://nsearchives.nseindia.com/corporate/MAPMYINDIA_24042023112620_Submission_of_MapmyIndia_Investor_Presentation_Q4_andFY23.pdf
Full transcript (5,345 words)
MAPPLS� April 24, 2023 The Listing Department The Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra Kurla Complex, Bandra (East) Mumbai 400 001 Mumbai 400 051 BSE SCRIP Code: 543425 NSE Symbol: MAPMYINDIA Subject: Submission oflnvestor Presentation for Q4 & FY23 Results. Ref.: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Madam / Sir, Please find attached herewith Investor Presentation for Q4 & FY23 Results. Kindly acknowledge the receipt of the same. Thanking you. Yours faithfully, For C.E. Info Systems Limited Saurabh Surendra Somani Company Secretary & Compliance Officer Encl: 1. Investor Presentation C.E. INFO SYSTEMS LIMITED (Previously known as C.E. Info Systems Pvt Ltd) 237, Okhla Industrial Estate, Phase-Ill, New Delhi-110020, Mappls Pin: mappls.com/mmi000, e-Mail: contact@mapmyindia.com / contact@mappls.com Website:www.mapmyindia.com/ www.mappls.com, Phone: +91-011-4600 9900, GIN: L74899DL 1995PLC065551, A CMMl-3 & ISO Certified Company MAPP LS • (cid:7)(cid:9)(cid:17)(cid:14)(cid:20)(cid:5)(cid:15)(cid:10)(cid:13)(cid:9) (cid:3)(cid:2)(cid:4)(cid:2)(cid:1)(cid:5)(cid:15)(cid:12)(cid:16)(cid:1)(cid:8)(cid:20)(cid:18)(cid:19)(cid:11)(cid:14)(cid:18)(cid:1)(cid:6)(cid:19)(cid:10) Investor Presentation Q4 & FY2023 - (cid:4)(cid:2)(cid:6)(cid:2)(cid:1)(cid:8)(cid:11)(cid:7)(cid:12)(cid:1)(cid:13)(cid:15)(cid:13)(cid:14)(cid:6)(cid:10)(cid:13)(cid:1)(cid:9)(cid:8)(cid:10)(cid:8)(cid:14)(cid:6)(cid:5) APR 2023 MAP S rJ~p , ;1, Ara Q4 & FY23 Performance 7 Management Commentary Consolidated Financial Highlights (Q4 & FY23) Consolidated Business Highlights: IoT-led and Map-led Segmental Revenue by Markets and Product Consolidated P&L Highlights Order Book L Customers Employees Key Investments Consolidated P&L Highlights and Financials Extracts C.E. INFO SYSTEMS LIMITED www.mapmyindia.com, www.mappls.com Q4 & FY23 Performance Management Commentary “MapmyIndia continues its stellar “…The exciting aspect of the IoT-led business performance year after year, and for FY2023, is that while we sold ~1.9 lakh IoT devices in recorded a revenue from operations of Rs 282 FY23, more than 3x that in FY22, there is a Cr (up 41%), a PAT of Rs 108 Cr (up 24%), and potential addressable market of 20 crore an EBITDA margin of 41.9%. MapmyIndia has vehicles that can be tapped in future, maintained a healthy EBITDA margin in its showing the large headroom there is for Map-led business of 52.6%, while investing in MapmyIndia's IoT-led hardware and SaaS the IoT-led business, which is already business. demonstrating good results. We declared a dividend once again this year, Revenue from the IoT led business grew to demonstrate our gratitude & commitment 140% YoY, with the EBITDA margins growing to shareholders for continuing on a long- from 1% in the 9 months of the financial year, term journey with MapmyIndia” to ~4% in Q4 FY23, as SaaS income increased… ” - Rakesh Verma, CMD (cid:6) Q4 & FY23 Performance Management Commentary “ “““ Our overall revenue growth of 41% to Rs 282 Cr during ……LLaasstt,, bbuutt nnoott tthhee lleeaasstt,, oouurr OOppeenn OOrrddeerr BBooookk ggrreeww 3311%% ttoo FY2023 was broad-based with Consumer Tech & Enterprise RRss 991188 CCrr bbyy tthhee eenndd ooff FFYY2233 ffrroomm RRss 669999 CCrr aatt tthhee Digital Transformation revenue up 48% YoY to Rs 130 Cr, bbeeggiinnnniinngg ooff tthhee yyeeaarr,, bbaasseedd oonn AAnnnnuuaall NNeeww OOrrddeerr and Automotive & Mobility Tech revenue up 34% to Rs 152 BBooookkiinnggss ooff RRss 551122 CCrr,, wwhhiicchh bbooddeess wweellll ffoorr tthhee ffuuttuurree ooff Cr on the markets side. On the products side, Our Map & MMaappmmyyIInnddiiaa''ss BB22BB aanndd BB22BB22CC bbuussiinneessss.. Data revenue grew 34% to Rs 112 Cr and Platform & IoT LLooookkiinngg iinnttoo tthhee uuppccoommiinngg yyeeaarr,, wwee iinntteenndd ttoo iinnccuubbaattee revenue grew 45% to Rs 170 Cr. ppootteennttiiaallllyy llaarrggee,, yyeett uunnlloocckkeedd,, ooppppoorrttuunniittiieess ffoorr oouurr 1.9+ million new vehicles (4-wheelers, 2-wheelers and CVs, ccoommppaannyy,, iinncclluuddiinngg iinn tthhee ccoonnssuummeerr aapppp aanndd ggaaddggeettss across ICE and EV segments), went built-in with ssppaaccee,, bbaasseedd oonn tthhee rraavvee rreevviieewwss oouurr ccoonnssuummeerr ffaacciinngg MapmyIndia Mappls, up from 1.3 million during FY22, MMaappppllss AApppp aanndd MMaappppllss GGaaddggeettss aarree rreecceeiivviinngg,, aanndd iinn tthhee showing faster than industry growth uptake of our Auto N- ffaasstt--ggrroowwiinngg ddrroonnee ssppaaccee,, wwhheerree wwee hhaavvee bbeeeenn pprreeppaarriinngg CASE suite of map and technology solutions amongst ssttrroonngg ffuullll--ssttaacckk ddrroonnee ccaappaabbiilliittiieess,, tthhrroouugghh oorrggaanniicc aanndd automotive OEMs, including new-age EV companies. iinnoorrggaanniicc mmeeaannss,, ttoo aaddddrreessss tthhee ffaasstt--ggrroowwiinngg mmaarrkkeett ffoorr ddrroonnee ssoolluuttiioonnss.. We acquired 250+ new B2B and B2B2C customers – including many businesses and enterprises across industry WWee ooff ccoouurrssee ccoonnttiinnuuee ttoo rreelleennttlleessssllyy iinnnnoovvaattee,, aannddwwiillll verticals, new-age consumer-tech companies and key ccoonnttiinnuuee ttoo iinnvveesstt iinn eennhhaanncciinngg oouurr eexxiissttiinngg pprroodduuccttss aanndd government organizations -raising our base to 850+ ooffffeerriinnggss,, aanndd aallssooiinn eexxppaannddiinngg tthhee vviissiibbiilliittyy aanndd rreeaacchh ooff customers for our MaaS, SaaS and PaaS offerings, giving us tthhee MMaappppllss MMaappmmyyIInnddiiaa bbrraanndd && ooffffeerriinnggss..”” a great platform to up-sell and cross-sell our wide variety of offerings and use-cases to existing and new customers. … ” -- RRoohhaann VVeerrmmaa,, CCEEOO && EEDD (cid:7) Q4 & FY23 Performance Consolidated Financial Highlights (Q4 & FY23) Strong Growth in FY23: Revenue up 41% YoY, EBITDA up 37%, PAT up 24% Strong Margins: EBITDA margin at 41.9%, PAT margin at 34.1% INR Crores, unless otherwise FY23 FY22 YoY Growth Q4 FY23 Q4 FY22 Q4 YoY Growth mentioned (cid:1) Strong Revenue, EBITDA and PAT Growthduringtheyearonthebackof Total Income 315.8 242.0 30.5% 82.9 68.7 20.7% strong open order book and in-year Revenue from execution 281.5 200.0 40.7% 72.5 57.0 27.1% Operations (cid:1) EBITDA margin was lower for the year EBITDA 117.9 86.0 37.1% 29.0 23.0 26.1% due to increased hardware cost of material of the iot led business. PBT EBITDA Margin (%) 1 41.9% 43.0% (110) bps 40.0% 41.0% (100) bps margin for the year decreased due to PBT 139.5 117.0 19.3% 34.3 33.5 2.5% lowerotherincome. PBT Margin (%) 44.2% 48.0% (380) bps 41.4% 48.8% (740) bps (cid:1) Q4 FY23 Effective Tax Rate was lower than25%dueto Effective tax rate 22.9% 25.8% 17.6% 32.6% (cid:1) Nil tax on unrealized gain of Rs. PAT 107.5 87.1 23.6% 28.3 22.6 25.3% 3.23 crores towards re-valuation PAT Margin (%) 2 34.1% 36.0% (190) bps 34.1% 32.9% 120 bps of investments, carried at fair market value, under the head of otherincome RoCEex-cash 122% 96% (cid:1) Lesser rate of tax applicable on Cash & cash equivalents Capital Gains than on business (including financial 484.7 381.8 income instruments) _) Note–1)EBITDAMargin=EBITDA/RevenuefromOperations;2)PATMargin=PAT/TotalIncome (cid:8) Q4 & FY23 Performance Consolidated Business Highlights: Map-led and IoT-lledd FY23 FY23 FY23 Q4 FY22 (cid:1) Maintained a healthy EBITDA margin in its Map- INR Crores, unless otherwise Total Map-led IoT-led IoT-led led business of 52.6% while Map-led open order mentioned book of ~700 Crs will continue to aid growth in the coming years. Revenue from 281.5 222.4 59.1 15.0 Operations (cid:1) Revenue of IoT-led business grew 140% YoY in FY23 Sale of Hardware 42.2 0 42.2 10.4 Sale of Map data & (cid:1) EBITDA margins grew from 1% in the first 9 239.2 222.4 16.8 4.4 services* months of FY23, to 4% in Q4 FY23, due to increase in higher margin SaaS income. EBITDA 117.9 116.9 1.0 0.6 EBITDA Margin (%) 41.9% 52.6% 1.7% 4.0% (cid:1) The IoT-led business is exciting because, while we sold 1.9+ lakh IoT devices in FY23, 3x over FY23 FY22 YoY FY22, the potentially addressable market is of IoT-led IoT-led Growth 20+ crore vehicles, showing the large headroom INR Crores, unless otherwise mentioned for MapmyIndia's IoT-led hardware and SaaS business. IoT-led business 59.1 24.6 140% Revenue (cid:1) IoT-led business contributes to both A&M and Sale of Hardware 42.2 16.5 156% C&E (Consumer Tech & Enterprise Digital Transformation) markets. Sale of Map data & 16.8 8.1 107% services* No. of IoT Devices Sold & Rented (in 1.9+ 0.6+ ~220% Lakhs) Note–*includesroyalty,annuity,subscription,softwareandproductscalledMaaS,PaaS,SaaS (cid:9) J L Q4 & FY23 Performance Market-wise Revenue – A&M MARKET SEGMENT – A&M1 BUSINESS UPDATE (cid:1) Automotive & Mobility Tech revenue grew a healthy 34.1% (INR Crores) YoY in FY23. Q4 YoY comparison not appropriate as Q3 34.1% FY22 semi-conductor shortage led to uncharacteristically higherQ4FY22(comparativequarter). (cid:1) 1.9+ million new vehicles (4-wheelers, 2-wheelers and CVs, across ICE and EV segments), went built-in with MapmyIndia Mappls in FY23, up 46% from from 1.3 millionduringFY22 151.6 (cid:1) Faster than industry growth uptake of our Auto N-CASE 2.1% suite of map and technology solutions amongst 113.0 automotiveOEMs,includingnew-ageEVcompanies. (cid:1) Large majority of A&M revenue comes from Automotive OEMsembeddingMapmyIndiaMapplswithnewvehicles. 38.7 39.5 (cid:1) Multiple Key Automotive wins including very large 4- wheelers & 2-wheeler players, spanning ICE and EV, and acquired many customers across people/goods mobility Q4FY22 Q4FY23 FY22 FY23 includinglargeEVtaxifleetsandlogisticsfleets (cid:1) MultipleGo-livesinthisyearincludingthenewMGHector, Mahindra Scorpio-N & XUV400 Electric, Hero MotoCorp’s OneApp,TorkMotors,OlaElectricandmore… Notes–1)A&M:Automotiveandmobilitytech (cid:10) Q4 & FY23 Performance Market-wise Revenue – C&E MARKET SEGMENT – C&E1 BUSINESS UPDATE (cid:1) C&E revenue for the year and for the quarter on the back of (INR Crores) healthy order book, and continued expansion of business from existingcustomersandadditionofnewercustomers. 48% (cid:1) Strong penetration into BFSI / NBFC / Fin-tech space with offerings–multiplewinswithlargeplayersforvarioususecases: (cid:1) Map- and Location-enable customer’s web & mobile apps forendconsumers,formerchants,forsalesteametc. (cid:1) Enable address and location-based analytics, as well as 129.6 customerintelligencetohelpidentifyandfiltercustomers/ applicantsduringverificationprocesswhofallindelinquent 79% 87.4 areas (cid:1) Onboarded many corporate customers - traditional & new-age overcourseofyear,includingverylargesocialcommerceappand 32.9 multipleD2CbrandsinjustQ4 18.3 (cid:1) Key strategic government organisation wins across Police, State Q4FY22 Q4FY23 FY22 FY23 RemoteSensingApplicationCentres,TaxDepartments,Transport Departments,RoadInfrastructureandmore Notes–1)C&E:Consumertechandenterprisedigitaltransformation (cid:11) Q4 & FY23 Performance Product-Wise Revenue – Map & Data and Platform & IoT )\ . - - - - - - PRODUCT SEGMENT (INR Crores) 281.5 200.4 45% 169.7 ~ 117.3 72.5 56.9 28% 34% ~ 33.5 ~ 111.8 26.2 83.1 27% ~ 39.0 30.7 Q4FY22 Q4FY23 FY22 FY23 Map and Data Platform and IoT ■ ■ (cid:1) Healthy growth across both Map and Data, and Platform and IoT, segments of products. Consumption driven by both A&M and C&E customers. Notes–Platform&IoTRevenuerepresentsourSaaS(SoftwareasaService)andPaaS(PlatformasaService)whichleverageandaddvalueontopofourMaaS(MapasaService). (cid:12) Q4 & FY23 Performance Order Book OPEN ORDER BOOK PERFORMANCE UPDATE 918.0 (INR Crores) (cid:1) Open Order Book has grown 31% to Rs 918 Cr based on Rs 512 Cr of Annual New Order Bookings in FY23, with momentum across both A&M and C&E market segments, due to continued 699.6 adoption & expansion of use cases, as well as up-selling and cross-selling to new and existing customers. (cid:1) 250+ new customers added, expanding base from 600+ to 850+. 377.5 (cid:1) Historically the Open Order Book to Revenue conversion ratio has been 3-5 years. ANNUAL NEW ORDERS - BREAKUP 01-Apr-21 01-Apr-22 01-Apr-23 278.7 286.9 FY22 FY23 327.2 Open Order (Current 377.5 699.6 year) New Orders 523.6 511.8 244.9 224.9 141.0 Revenue (200.4) (281.5) FY21 FY22 FY23 Open Order (Next 699.6 918.0 year) Fixed pricing Volume projections ■ ■ (cid:4)(cid:3) Q4 & FY23 Performance Customers )1------------------1( CUSTOMERS CONTRIBUTING CUSTOMERS SERVICED J 80% OF REVENUE (#) 2250+ B2B & B2B2C customers since inception, including marquee names across nearly every vertical –new-age tech companies, businesses across industry verticals, automotive OEMs & government organisations 54 850+ 35 25 Customers on MaaS, SaaS & PaaS platform in FY23, growing by more than 250,from 600+ in FY22. FY2021 FY2022 FY2023 Retention (cid:1) Customer growth, diversification and de-concentration, 91% 92% 91% Ratio as well as retention, continues to trend healthily Q4 & FY23 Performance Employees PERMANENT VS TEMPORARY MAP-LED VS IOT-LED BREAKUP BY FUNCTION 1,170* (#) 790 (#) (#) 690 1,170* -936* 342 936* 221 510 218 - 734 734 146 355 380 107 501 355 324 246 168 324 472 448 660 137 410 581 109 212 303 435 448 FY2022 FY2023 FY2022 FY2023 FY2021 FY2022 FY2023 FY2021 FY2022 FY2023 Map-led IoT-led ■ SG&A ■ Technical (non-permament) ■ Technical (permanent) ■ Permanent ■ Non-permanent ■ Permanent ■ Non-permanent __ [ )[ )[...__ (cid:1) *Including employees of Gtropy subsidiary Attrition FY21 FY22 FY23 (cid:1) We continue to up-skill our existing employees, and alsobring in higher skilled rate [ )[ )[ technical permanent employees, to evolve with needs of our business. 13.5% 17.4% 16.9% (cid:4)(cid:5) Q4 & FY23 Performance Key Investments in FY23 Date Name Overview Rationale Consideration To broaden and deepen our addressable market, enabling us to offer Company is engaged in the business of comprehensive and differentiated end- manufacturing of the drones, data to-end offerings to users across a large analytics using high resolution data and variety of industry verticals by combining developing end to end solution MapmyIndia’s suite of digital maps, IndronesSolutions leveraged by drones, IoT and other geospatial software and location-based Acquired 20% stake on fully February Private Limited sensors which helps digitize various IoT tech, coupled with Indrones’ suite of diluted basis for ~Rs. 7 Crore sectors including but not limited to drones and drone-based solutions and agriculture, mining, energy, telecom, services. infrastructure, construction, disaster management and among others. The investment will also strengthen our ability to leverage cutting-edge drone technologies. A cutting‐edge start‐up aiming to build To build a travel & hyper-local the world’s largest travel & hyper‐local Acquired 26.37% stake on fully KogoTech Labs Private discovery, commerce, social, gamified September discovery, recommendations, diluted basis for Rs. Limited platform integrated with maps and commerce, social and gamified 10 Crore navigation. platform Exploring synergies in oil and gas Company has a video analytics SaaS segment where applications of their NawgatiTech Private product focused on the oil and gas August technology can be leveraged by us and Acquired 3% stake for Rs. 1 Crore Limited sector which monitors the congestion help increase the portfolio of offerings to or wait time or traffic at the fuel station. our customers (cid:4)(cid:6) Q4 & FY23 Performance Consolidated P&L Highlights for Q4 & FY23 All Financial Metrics Grew Strongly YoY in Q4 and FY23: Revenue, Contribution Profit, EBITDA & PAT Revenue from Operations Contribution Profit ((AAllll ffiigures iin IINNRR CCrores)) 41% 281.5 30% 219.6 200.0 169.6 27% 16% 72.5 57.0 46.1 53.3 Q4FY22 Q4FY23 FY22 FY23 Q4FY22 Q4FY23 FY22 FY23 EBITDA Profit After Tax 37% 24% 117.9 107.5 87.1 86.0 26% 25% 23.0 29.0 22.6 28.3 Q4FY22 Q4FY23 FY22 FY23 Q4FY22 Q4FY23 FY22 FY23 (cid:4)(cid:7) Q4 & FY23 Performance Consolidated Annual P&L Highlights for Last 3 Years (All figures in INR Crores) Revenue from Operations Contribution Profit & Margin 219.6 281.5 85% 83% 169.6 78% 200.0 40% 125.8 152.5 31% 10% - FY2021 FY2022 FY2023 FFYY22002211 FFYY22002222 FFYY22002233 ■ Revenue from Operations YoY growth ■ Contribution Profit % Contribution Margin EBITDA & Margin Profit After Tax & Margin 42% 36% 35% 43% 117.9 34% 86.0 31% 53.0 60.0 87.1 107.5 FYF2Y0221021 FYF2Y0222022 FYF2Y0223023 FY2021 FY2022 FY2023 ■ EBITDA % Margin ■ PAT % Margin (cid:4)(cid:8) Annual Highlights Consolidated Balance Sheet & Cash Flow Statement ((Extract)) (INR Crores) Consolidated FY2022 FY2023 (INR Crores) Profit before tax 117.30 139.54 Adjustment for non-cash items and others -25.46 -18.48 Consolidated FY2022 FY2023 Changes in working capital -27.41 11.00 Cash flow generated from operating activities (CFO) 64.43 132.06 Property, plant & equipment 6.80 11.96 Income tax paid -35.70 -42.19 Investments 173.80 134.57 Net Cash flow generated from Operating activities (A) 28.73 89.86 Total non-current assets 247.80 229.12 Cash flows from investing activities Investment in unlisted entities (i.e.startups) -14.00 -14.41 Investments 122.60 227.87 Purchase of investments -20.40 -51.56 Fixed Deposits with Banks 14.04 -8.16 Trade receivables 43.50 58.27 Interest received on bank deposits and bonds 12.89 20.32 Dividend received 0.16 0.23 Cash & cash equivalents 40.60 76.09 Payment for property, plant and equipment and intangible assets (including capital advances) -3.99 -15.36 Total current assets 268.70 441.40 Payment for Intangible Assets under Development -7.18 Sale of Property, plant and equipment 0.09 Total assets 516.50 670.52 Gain on sale of investments 7.31 Equity 445.80 542.28 (Fair Value gain in investments) / Provision for diminution in value of investments 5.54 Net Cash flow used in Investing activities (B) -11.21 -63.27 Lease liabilities 11.90 7.35 Receipt on issue of shares 0.80 0.51 Total non-current liabilities 17.30 14.89 Proceeds from borrowings, net of repayment 2.56 14.32 Dividends paid -10.65 - Lease liabilities 4.00 4.57 Payment of lease liabilities including interest -3.65 -5.57 Trade payables 6.10 13.09 Corporate Dividend tax - Interest paid - -0.94 Total current liabilities 53.40 113.35 Net Cash flow used in Financing activities (C) -10.94 8.32 Net increase/ (decrease) in cash and cash equivalents (A+B+C) 6.58 34.91 Total equity and liabilities 516.50 670.52 Effect of exchange rate changes on cash & cash equivalent 0.34 0.61 Net increase/ (decrease) in cash and cash equivalents 6.92 35.52 Cash & cash equivalents (opening balance) 33.65 40.57 Net increase/decrease (A + B + C), after effect of exchange rate changes 6.92 35.52 Cash & cash equivalents (closing balance) 40.57 76.09 (cid:4)(cid:9) About MapmyIndia 7 Company Overview Our Strengths Future Strategy Shareholding Pattern L C.E. INFO SYSTEMS LIMITED www.mapmyindia.com, www.mappls.com About MapmyIndia Company Overview _ _ _ _ (cid:1) We are India’s leading provider of advanced digital ( ) maps, geospatial software & location-based IoT (cid:16)(cid:21)(cid:18)(cid:1)(cid:14)(cid:5)(cid:18)(cid:12)(cid:9)(cid:20)(cid:1)(cid:19)(cid:9)(cid:10)(cid:14)(cid:9)(cid:15)(cid:20)(cid:19) technologies serving B2B and B2B2C enterprise customers. Serving two distinct market segments (cid:1) As a data and technology products and platforms company, we offer proprietary digital maps as a service (“MaaS”), software as a service (“SaaS”) and platform asaservice (“PaaS”). Automotive and Mobility Tech Consumer Tech and Enterprise (A&M) (cid:1) Our Product segments – Maps and Data includes MaaS Digital Transformation (C&E) offerings; while Platform & IoT include SaaS & PaaS offerings (cid:1) Having pioneered digital mapping in India in 1995, we … for the India market, … and for the world under our brand, market, have earned our market leadership position in this MapmyIndia under our brand, Mappls industry and built a strong moat by capitalizing on our • MAPPLS early mover advantage, developing proprietary and integrated technologies, full stack product offerings, continuous innovation and robust sustainable business model. (cid:4)(cid:11) About MapmyIndia Company Profile About MapmyIndia & Mappls (C.E. Info Systems Ltd) (www.mapmyindia.com & www.mappls.com) (cid:1) C.E. Info Systems Ltd (NSE: MAPMYINDIA; BSE: 543425) is India’s leading advanced digital maps and deep-tech company, popularly known in India as MapmyIndiaandgloballyasMappls.Thecompanyofferingproprietarydigitalmapsasaservice("MaaS"),softwareasaservice("SaaS")andplatformasa service("PaaS"),includingitsadvanceddigitalmapdata,softwareproducts,platforms,applicationprogramminginterfaces(“APIs”),IoTandsolutionsto new-age tech companies, large businesses, automotive OEMs, government organisations, developers and consumers. The company has served more than2000enterprisecustomerssinceinception.ThecompanypioneereddigitalmappinginIndiain1995andhasearneditsmarketleadershipposition in this industry and built a strong moat by capitalizing on our early mover advantage, developing proprietary and integrated technologies, full stack productofferings,continuousinnovationandrobustsustainablebusinessmodel.ThecompanyalsobuiltIndia’sveryfirstinternetmappingplatformand portal, MapmyIndia.com (now called Mappls.com) in 2004. The company’s free Mappls app (accessible on the web and downloadable from https://www.mappls.com)forconsumersprovidesthebestandfullyindigenousmaps,navigation,safety,hyperlocalandIoTgadget-enabledexperience forIndianusers. (cid:1) MapmyIndia has built India’s most comprehensive, accurate, feature-rich and continuously updated digital map data product down to address and urbanbuildingleveldetailpanIndia,coveringalltowns,villages,andtheentireroadnetworkofthecountry.Thecompanyisbuildingnotjust2Dmaps, but also 3D (with landmarks, terrains and city models), 4D (updating in near real-time), HD (high-definition and high-accuracy), RealView (geo-tagged 360 degree panoramas, videos and photos representing actual ground reality), and hyper-local geo-demographics data-rich maps, to continuously evolve its AI-powered Digital Metaverse Twin of the Real World. The company is also building digital maps for other regions in the world, and has integrated global maps for over 200 countries into its Mappls platform. The company’s platform provides extensive and comprehensive functionalities andeverexpandingsetofusecases,includingmapping,locationandnavigation,geospatialdataanalytics,GIS(geospatialinformationsystems)andAI, GPS tracking and IoT-based fleet management, logistics optimisation and workforce management, drone-based solutions, developer APIs, N-CASE solution suite (for Navigation, Connected vehicle telematics and services, ADAS safety i.e. advanced driving assistance systems, Shared and Electric) for Automotive&MobilityTech(A&M),andConsumertechandEnterprisedigitaltransformationsolutionsuite(C&E). About MapmyIndia Our Journey So Far 1995-00 2001-10 2011-16 2017-19 2020 2021-22 Company was Launched India’s Launched IoT Started Building AI- Launched real- founded internet mapping portal, (GPS-based telematics) powered 4D, HD, Digital time maps of Covid Entered MoU1 with mapping technologies platform Map Twin of the Real vaccine centres on Co- Ministry of Electronics & IT & Ministry of Road World in 2017 WIN mTransport & Highways ~ ~ ~ ~ Built India’s digital maps ~ Launched map and Launched location API Platform Entered MoU1 with Company goes public in p n a a n vi - g In a d ti i o a n G s P y S st em for developers Launched nation-wide ISmRO2 Dec 2021 unique digital address ®,:;:::- and location identity system -“eLoc” (now ~ ~ called Mappls Pin) 0 Transportation tech, logistics optimisation & ® ,:;:::- GoIannounces Mappls global platform workforce automation ~ geospatial guidelines released with integrated in 2016 0 maps of 200+ countries Launched geospatial analytics and GIS platform; and N-CASE mobility suite for Digital (cid:10)(cid:31)(cid:35)(cid:22)(cid:43)(cid:49)(cid:46)(cid:9)(cid:11)(cid:16) (cid:45)(cid:9)(cid:22)(cid:29)(cid:31)(cid:33)(cid:18)(cid:30)(cid:21)(cid:36)(cid:29)(cid:31)(cid:23)(cid:36)(cid:30)(cid:21)(cid:22)(cid:33)(cid:34)(cid:35)(cid:18)(cid:30)(cid:21)(cid:26)(cid:30)(cid:24)(cid:42)(cid:50)(cid:46)(cid:8)(cid:14)(cid:13)(cid:11)(cid:45)(cid:8)(cid:30)(cid:21)(cid:26)(cid:18)(cid:30)(cid:14)(cid:32)(cid:18)(cid:20)(cid:22)(cid:13)(cid:22)(cid:34)(cid:22)(cid:18)(cid:33)(cid:20)(cid:25)(cid:11)(cid:33)(cid:24)(cid:18)(cid:30)(cid:26)(cid:40)(cid:18)(cid:35)(cid:26)(cid:31)(cid:30) Vehicle Transformation (cid:5)(cid:3) About MapmyIndia Our Strengths • m e w • 01 02 03 04 05 ~ B2B and B2B2C market Ever expanding use Large addressable Government Initiatives: Independent, global leader for maps and cases; Innovating to market in India with Macro-Economic geospatial products geospatial products in address technology industry tailwinds Enablers for digital and platforms India with a paradigm shifts driving growth outlook maps and location company comprehensive suite of intelligence offerings1 • 06 07 08 09 10 Proprietary Marquee customers Increasing new orders; Becoming a key B2C Founding team technology and across sectors with profitable and cash player with supported by an network effect -> capability to up-sell generating business differentiated maps, experienced Strong entry barriers and cross-sell model with consistent GPS-enabled IoT professional financial track record gadgets and a management team gamified application Source:1)F&SReportcommissionedandpaidforbythecompany (cid:5)(cid:4) About MapmyIndia B2B and B2B2C market leader for maps and geospatial products in India with a comprehensive suite of offerings (cid:17)(cid:11)(cid:16)(cid:15)(cid:9)(cid:9)(cid:18)(cid:11)(cid:15)(cid:10)(cid:1)(cid:8)(cid:11)(cid:10)(cid:11)(cid:20)(cid:5)(cid:13)(cid:1)(cid:14)(cid:5)(cid:17)(cid:17)(cid:11)(cid:15)(cid:10)(cid:1)(cid:11)(cid:15)(cid:1)(cid:11)(cid:15)(cid:8)(cid:11)(cid:5)(cid:1) (cid:14)(cid:19)(cid:16)(cid:1)(cid:3)(cid:14)(cid:12)(cid:15)(cid:16)(cid:5)(cid:8)(cid:5)(cid:13)(cid:17)(cid:9)(cid:20)(cid:5)(cid:1)(cid:17)(cid:19)(cid:9)(cid:18)(cid:1)(cid:14)(cid:6)(cid:1)(cid:14)(cid:6)(cid:6)(cid:5)(cid:16)(cid:9)(cid:13)(cid:7)(cid:17) (cid:19)(cid:11)(cid:15)(cid:7)(cid:9)(cid:1)(cid:2)(cid:4)(cid:4)(cid:3) MAPPED Digital Map & Geospatial Map, Location & Data (Products) Navigation (Products & Platforms) 6.3 98.5 7.9 K % + N-CASE Automotive Mn kms of roads3 of India’s road towns3 & Mobility (Tech Location- network2,3 + Solutions Suite) Powered C&E (Solution Suite) 637 17.8 14.5 K + villages3 Mn places of interest3,4 Mn house or Location-based IoT, building addresses3 Developer APIs Fleet & Workforce Automation (Products & & SDKs Platforms) 400 Consumer location- GIS, Geospatial Analytics Mn+ geo referenced photos, based apps & IoT & Geo-AI (Products & videos & 360°panoramas gadgets Platforms) (cid:14)(cid:31)(cid:36)(cid:33)(cid:20)(cid:22)(cid:43)(cid:1)(cid:49)(cid:46)(cid:1)(cid:6)(cid:47)(cid:14)(cid:1)(cid:13)(cid:22)(cid:32)(cid:31)(cid:33)(cid:35)(cid:1)(cid:20)(cid:31)(cid:29)(cid:29)(cid:26)(cid:34)(cid:34)(cid:26)(cid:31)(cid:30)(cid:22)(cid:21)(cid:1)(cid:18)(cid:30)(cid:21)(cid:1)(cid:32)(cid:18)(cid:26)(cid:21)(cid:1)(cid:23)(cid:31)(cid:33)(cid:1)(cid:19)(cid:39)(cid:1)(cid:35)(cid:25)(cid:22)(cid:1)(cid:20)(cid:31)(cid:29)(cid:32)(cid:18)(cid:30)(cid:39)(cid:42)(cid:1)(cid:50)(cid:46)(cid:1)(cid:15)(cid:31)(cid:35)(cid:18)(cid:28)(cid:1)(cid:13)(cid:31)(cid:18)(cid:21)(cid:1)(cid:30)(cid:22)(cid:35)(cid:38)(cid:31)(cid:33)(cid:27)(cid:1)(cid:38)(cid:18)(cid:34)(cid:1)(cid:53)(cid:44)(cid:51)(cid:54)(cid:1)(cid:29)(cid:30)(cid:27)(cid:29)(cid:34)(cid:1)(cid:18)(cid:34)(cid:1)(cid:32)(cid:22)(cid:33)(cid:1)(cid:35)(cid:25)(cid:22)(cid:1)(cid:2)(cid:30)(cid:30)(cid:36)(cid:18)(cid:28)(cid:1)(cid:13)(cid:22)(cid:32)(cid:31)(cid:33)(cid:35)(cid:1)(cid:31)(cid:23)(cid:1)(cid:35)(cid:25)(cid:22)(cid:1)(cid:9)(cid:26)(cid:30)(cid:26)(cid:34)(cid:35)(cid:33)(cid:39)(cid:1)(cid:31)(cid:23)(cid:1)(cid:13)(cid:31)(cid:18)(cid:21)(cid:1)(cid:15)(cid:33)(cid:18)(cid:30)(cid:34)(cid:32)(cid:31)(cid:33)(cid:35)(cid:1)(cid:47)(cid:1)(cid:7)(cid:26)(cid:24)(cid:25)(cid:38)(cid:18)(cid:39)(cid:34)(cid:44)(cid:1)(cid:50)(cid:48)(cid:50)(cid:49)(cid:45)(cid:50)(cid:50)(cid:1) (cid:10)(cid:31)(cid:35)(cid:22)(cid:43)(cid:1)(cid:51)(cid:46)(cid:1)(cid:18)(cid:34)(cid:1)(cid:31)(cid:23)(cid:1)(cid:21)(cid:18)(cid:35)(cid:22)(cid:1)(cid:31)(cid:23)(cid:1)(cid:4)(cid:13)(cid:7)(cid:12)(cid:1)(cid:41)(cid:52)(cid:46)(cid:1)(cid:12)(cid:28)(cid:18)(cid:20)(cid:22)(cid:34)(cid:1)(cid:31)(cid:23)(cid:1)(cid:26)(cid:30)(cid:35)(cid:22)(cid:33)(cid:22)(cid:34)(cid:35)(cid:1)(cid:45)(cid:2)(cid:20)(cid:33)(cid:31)(cid:34)(cid:34)(cid:1)(cid:29)(cid:18)(cid:30)(cid:39)(cid:1)(cid:20)(cid:18)(cid:35)(cid:22)(cid:24)(cid:31)(cid:33)(cid:26)(cid:22)(cid:34)(cid:1)(cid:34)(cid:36)(cid:20)(cid:25)(cid:1)(cid:18)(cid:34)(cid:1)(cid:33)(cid:22)(cid:34)(cid:35)(cid:18)(cid:36)(cid:33)(cid:18)(cid:30)(cid:35)(cid:34)(cid:41)(cid:1)(cid:33)(cid:22)(cid:35)(cid:18)(cid:26)(cid:28)(cid:1)(cid:34)(cid:25)(cid:31)(cid:32)(cid:34)(cid:41)(cid:1)(cid:29)(cid:18)(cid:28)(cid:28)(cid:34)(cid:41)(cid:1)(cid:2)(cid:15)(cid:9)(cid:34)(cid:41)(cid:1)(cid:25)(cid:31)(cid:35)(cid:22)(cid:28)(cid:34)(cid:41)(cid:1)(cid:32)(cid:31)(cid:28)(cid:26)(cid:20)(cid:22)(cid:1)(cid:34)(cid:35)(cid:18)(cid:35)(cid:26)(cid:31)(cid:30)(cid:34)(cid:41)(cid:1)(cid:32)(cid:22)(cid:35)(cid:33)(cid:31)(cid:28)(cid:1)(cid:32)(cid:36)(cid:29)(cid:32)(cid:34)(cid:41)(cid:1)(cid:22)(cid:28)(cid:22)(cid:20)(cid:35)(cid:33)(cid:26)(cid:20)(cid:1)(cid:37)(cid:22)(cid:25)(cid:26)(cid:20)(cid:28)(cid:22)(cid:1)(cid:20)(cid:25)(cid:18)(cid:33)(cid:24)(cid:26)(cid:30)(cid:24)(cid:1)(cid:34)(cid:35)(cid:18)(cid:35)(cid:26)(cid:31)(cid:30)(cid:34)(cid:1)(cid:22)(cid:35)(cid:20)(cid:44) (cid:5)(cid:5) About MapmyIndia Ever expanding use cases; Innovating to address technology paradigm shifts • • • • • AUTOMOTIVE ECOMMERCE FOOD DELIVERY TRANPORTATION & BFSI LOGISTICS (cid:1) (cid:1) (cid:1) (cid:1) (cid:1) In-built Navigation Long haul first mile Address intelligence Fleet and asset Geo-verification and (cid:1) (cid:1) devices Last mile delivery Last mile delivery tracking on-boarding (cid:1) (cid:1) (cid:1) Connected Vehicles tracking tracking Transportation data Usage-based auto (cid:1) (cid:1) Shared & EV Mobility Truck routing solutions insurance (cid:1) Geo-CRM for sales • • • • • RETAIL & QSR TELECOM & UTILITIES HEALTHCARE & GOVERNMENT RAILWAYS & PHARMA WATERWAYS (cid:1) (cid:1) (cid:1) (cid:1) (cid:1) Location enabled Field force monitoring Distribution and Geo-tagging of public Network and route (cid:1) online e-commerce Optical fiber logistics of medical assets for repair and mapping (cid:1) (cid:1) Location-based mapping and goods overhaul Tracking of fleet (cid:1) digital advertising distribution analytics Mapping of plants (cid:5)(cid:6) About MapmyIndia Independent, Global Geospatial products and platform company MAPP LS Target international markets and Integrated maps of 200+ countries intend to follow MNCs customers with.. LARGE CATALOGUE OF FEATURES DEVELOPER APIS AND SDKS Geo-analytics & AI Vision APIs ~-RResponse -Time ) ~-VVersioning- & Docs ) SStandardized versioning with FFaster response times than ever bbackward compatibility Map & Mobility & Q ) Q ) Traffic APIs Tracking APIs SScalable VVersatile AAuto-scalable architecture to HHighly configurable to suit use ssupport many request ccases Q ) Q ) SSecurity & Monitoring AAccurate OOauth2.0 based / VA / PT LLocation Bias most relevant than ccertified eever Q ) Q ) Search & Routing & NNatural Language DDeveloper Friendly Geocoding APIs Navigation APIs SSearches for what the user is EEasy integration and standard ttrying to say rresponse code (cid:5)(cid:7) About MapmyIndia Proprietary technology.. Data Acquisition and Photo-realistic and Q_ _ _) Processing Panoramic Maps HHD maps providing photo-realistic VVirtual Reality and Augmented Reality 4D, HD Maps Live Traffic with near real- Update time updates IInteractive 2D, 3D, outdoor and indoor mmap rendering Advanced 3D Geospatial Maps Analytics EEnabled tech platform to aautomatically recognize and extract iinsights from images AI-assisted LiDAR, Cameras, mapping systems and Computer Vision (cid:5)(cid:8) About MapmyIndia ..and Network effect create Strong entry barriers ) ) . More ~ Proprietary end-to-end OEMs ~ Integration of our digital technology-driven and AI- maps with our internet- Better content assisted mapping systems & features More connected platforms Customers More More Automotive Customers Customers OEMs Better product & solutions Comprehensive digital map More a f n ea d t b ur e e t s te & r coverage functionality ) d th a r t o a u b g as h e p c r r o e f a e t s e s d io f n o a r l I f n ie d l i d a Corporates Go V v e e r r t n ic m al e s nt ~ Increasing usage of products surveys, collection and Higher Adoption H En ig g h a e g r e ment by customers, creates a network (flywheel) effect compilation of geographical More data More Customers Developers Increase Startups & selection & Developers Consumers trust More depth & coverage ) More data / ) ~ Highly differentiated, unique More Startups Higher features ~ Continuously increasing the digital asset (maps) that is Engagement value proposition of our difficult to replicate offerings and help grow our business (cid:5)(cid:9) About MapmyIndia Marquee customers across sectors with capability to up-sell and cross-sell LEADING ENTERPRISES ARE POWERED BY MAPMYINDIA TECHNOLOGIES (cid:5)(cid:6)(cid:16)(cid:21)(cid:20)(cid:1)(cid:16)(cid:21)(cid:18)(cid:1)(cid:7)(cid:21)(cid:19)(cid:20)(cid:16)(cid:14)(cid:9)(cid:18)(cid:19) Target B2B and B2B2C 600+ customers on SaaS, PaaS enterprise customers and MaaSplatforms1 r-., L: :J Serviced 2,000+ enterprise Long-term mutually renewable cmnm AVIS. customers since inception2 contractsof 3 to 5 years, providing continued synergy and (sfii 1~~ 1 _...__,... revenue predictability (;)PhonePe ~ .;;.;.::;. ',') airtel Customized solutions (cid:10)(cid:31)(cid:35)(cid:22)(cid:43)(cid:1)(cid:49)(cid:46)(cid:1)(cid:8)(cid:30)(cid:1)(cid:6)(cid:17)(cid:1)(cid:50)(cid:48)(cid:50)(cid:50)(cid:42)(cid:1)(cid:50)(cid:46)(cid:1)(cid:2)(cid:34)(cid:1)(cid:31)(cid:30)(cid:1)(cid:21)(cid:18)(cid:35)(cid:22) (cid:5)(cid:10) About MapmyIndia Becoming a key B2C player with differentiated maps, GPS-enabled IoT gadgets and a gamified application Ill (cid:12)(cid:2)(cid:15)(cid:15)(cid:11)(cid:17)(cid:1)(cid:2)(cid:15)(cid:15)(cid:1) (cid:10)(cid:14)(cid:7)(cid:14)(cid:1)(cid:2)(cid:15)(cid:15)(cid:1) Built a Super App for Maps, Navigation, Safety and more A Gamified Social Travel App for users and creators Junction View Road Safety Features Helps you navigate See reported hyperlocal safely while approaching issues like traffic, road Plan, Discover & Spend KOGOCOIN flyovers, complex blocks, potholes, unsafe Share Experiences intersections zones Spend KOGOCOIN on Users can plan, hotels, experiences, and discover and share travel travel accessories ' itineraries and content and earn KOGOCOIN Doorstep Navigation Simplified location code Vehicle Diagnostics for complex addresses providing doorstep Enables insights into " navigation vehicle health and fault lmin It 0 ma.PQls.com/lTI82A diagnostics A a,om MapplsIoT Gadgets MapplsApp and IoT gadgets combined with KOGO App will allow Enables you to track MapmyIndia to offer integrated apps/solutions to consumers, the travel your vehicle and loved Deep installed Bike Tracker eco‐system, businesses & government –opening up travel commerce ones’ in real-time, With safety features like Panic button Enables live location, market opportunity for the company. ensuring their safety and driving behaviour analysis speed alerts, geo fencing Notes–Toknowmore,followtheselinks–(cid:5)(cid:8)(cid:14)(cid:14)(cid:12)(cid:15)(cid:1)(cid:14)(cid:14)|(cid:5)(cid:8)(cid:14)(cid:14)(cid:12)(cid:15)(cid:3)(cid:13)(cid:7)(cid:2)(cid:8)(cid:9)(cid:11)(cid:10)(cid:16)(cid:15)|(cid:4)(cid:6)(cid:2)(cid:6) (cid:5)(cid:11) About MapmyIndia Founding team supported by an experienced professional management team 01 (cid:11)(cid:11)(cid:5)(cid:2)(cid:4)(cid:5)(cid:16)(cid:17)(cid:8)(cid:9)(cid:15)(cid:1)(cid:18)(cid:5)(cid:2)(cid:12) / Rakesh Verma Rashmi Verma Rohan Verma CO-FOUNDER, CMD CO-FOUNDER, CTO WHOLE-TIME DIRECTOR, CEO 47+ years of experience 40+ years of experience 17+ years of experience BE (Hons.), Mechanical Engineering, BITS, BTech, Chemical Engineering, IIT Roorkee; BTech, Electrical Engineering Stanford Pilani; MBA, Eastern Washington University, MSc, Eastern Washington University, USA; MBA, London Business USA University, USA School (cid:5)(cid:12) About MapmyIndia Founding team supported by an experienced professional management team 02 (cid:12)(cid:12)(cid:2)(cid:13)(cid:2)(cid:7)(cid:5)(cid:12)(cid:5)(cid:13)(cid:18)(cid:1)(cid:18)(cid:5)(cid:2)(cid:12) Sapna Ahuja Anuj Jain AnkeetBhat CHIEF OPERATING OFFICER CHIEF FINANCIAL OFFICER CHIEF STRATEGY OFFICER 17+ years with MapmyIndia 10+ years with MapmyIndia 11+ years with MapmyIndia BSc, Computer Science (DU); MSc, Applied BCom, University of Rajasthan; Chartered BTech, Electronics and instrumentation Operations Research (DU) Accountant (CA); Company Secretary (CS); (Hons), BITS Pilani Cost and Management Accountant (CMA) Nikhil Kumar Harman Singh Arora PRESIDENT, GEOSPATIAL CEO, GTROPY (IoT BUSINESS) 24+ years of experience MSc (Electronics), Kurukshetra University; 16+ years of experience Ex-Here Technologies, Trimble, ESRI B.E, Electronics & Comm, Manipal Institute of Technology; MBA, IIM Lucknow (cid:6)(cid:3) About MapmyIndia Future Strategy AAuuggmmeenntt pprroodduuccttss,, Scale and expand DDrriivvee eexxppaannssiioonn iinn Explore M&A AAttttrraacctt,, ddeevveelloopp ppllaattffoorrmmss aanndd our customer reach IInntteerrnnaattiioonnaall mmaarrkkeettss opportunities to aanndd rreettaaiinn sskkiilllleedd tteecchhnnoollooggyy lleeaadd aanndd GGeeoossppaattiiaall sseeccttoorr grow business eemmppllooyyeeeess (cid:1)(cid:1) IInnvveesstt ttoo ffuurrtthheerr (cid:1) Expansion of (cid:1)(cid:1) TTaarrggeett iinntteerrnnaattiioonnaall (cid:1) Intend to continue (cid:1)(cid:1) EExxppaanndd RR&&DD relationships with mmaarrkkeettss wwiitthh pursuing selective eeffffoorrttss bbyy ddeevveelloopp iinnnnoovvaattiioonn existing active ‘‘MMaappppllss’’ strategic rreeccrruuiittiinngg mmoorree aanndd tteecchhnnoollooggiiccaall customers acquisitions to enter tteecchhnniiccaall ccaappaabbiilliittiieess (cid:1)(cid:1) UUssee iinntteeggrraatteedd into new business eemmppllooyyeeeess (cid:1)(cid:1) BBuuiilldd aa ddeeeeppeerr aanndd (cid:1) Leverage first- mmaappss ooff 220000++ segments and mover advantage ccoouunnttrriieess (cid:1)(cid:1) FFoorrmmuullaatteedd EESSOOPP bbrrooaaddeerr ssttaacckk ooff geographies with the GoI’s sscchheemmee ffoorr ssooffttwwaarree pprroodduuccttss increasing traction eemmppllooyyeeeess (cid:6)(cid:4) About MapmyIndia Shareholding Pattern Top Non-Promoter Shareholders % Holding 1% 10% 1% PhonepePrivate Limited 19.0% 7% 4% ZenrinCo. Ltd 4.7% Fidelity Investment Trust -Fidelity Series 53% 1.4% Emerging Markets Opportunities Fund 24% Sundaram Mutual Fund 1.0% Kuwait Investment Authority Fund F239 0.8% Promoters Corporate Bodies ■ ■ Mobius Investment Trust Plc 0.7% MFs/AIFs FPI ■ ■ Insurance Companies Individuals ■ ■ Others ■ Aberdeen Standard Asia Focus Plc 0.6% (cid:10)(cid:31)(cid:35)(cid:22)(cid:43)(cid:1)(cid:2)(cid:34)(cid:1)(cid:31)(cid:30)(cid:1)(cid:9)(cid:18)(cid:33)(cid:20)(cid:25)(cid:1)(cid:51)(cid:49)(cid:41)(cid:1)(cid:50)(cid:48)(cid:50)(cid:51) (cid:6)(cid:5) Industry Overview 7 Potentially Addressable Market Government Initiatives L C.E. INFO SYSTEMS LIMITED Industry Overview Large potentially addressable market.. INDIAN MOBILITY NAVIGATIONS (cid:9)(cid:13)(cid:4)(cid:9)(cid:2)(cid:13)(cid:1)(cid:4)(cid:9)(cid:7)(cid:9)(cid:18)(cid:2)(cid:11)(cid:1)(cid:12)(cid:2)(cid:15)(cid:1)(cid:17)(cid:5)(cid:16)(cid:20)(cid:9)(cid:3)(cid:5)(cid:17)(cid:1)(cid:12)(cid:2)(cid:16)(cid:10)(cid:5)(cid:18)(cid:3) SOLUTIONS AND TELEMATICS MARKET1 (USD bn) 44.9 (USD bn) 4.2 26.3 20.5 1.8 3.7 7.0 1.6 15.7 0.1 1.8 11.5 0.1 0.1 0.3 3.0 CY20 CY25E CY20 CY25E ■ Digital Maps ■ Map Dev. & Integration Serv. ■ Geo-spatial Analytics ■ N-CASE ■ Logistics ■ Transport and Infrastructure CAGR 18.3% 21.1% 18.0% CAGR 30.8% 31.2% 10.9% (cid:14)(cid:31)(cid:36)(cid:33)(cid:20)(cid:22)(cid:43)(cid:1)(cid:49)(cid:46)(cid:1)(cid:6)(cid:47)(cid:14)(cid:1)(cid:13)(cid:22)(cid:32)(cid:31)(cid:33)(cid:35)(cid:1)(cid:20)(cid:31)(cid:29)(cid:29)(cid:26)(cid:34)(cid:34)(cid:26)(cid:31)(cid:30)(cid:22)(cid:21)(cid:1)(cid:18)(cid:30)(cid:21)(cid:1)(cid:32)(cid:18)(cid:26)(cid:21)(cid:1)(cid:23)(cid:31)(cid:33)(cid:1)(cid:19)(cid:39)(cid:1)(cid:35)(cid:25)(cid:22)(cid:1)(cid:20)(cid:31)(cid:29)(cid:32)(cid:18)(cid:30)(cid:39) (cid:6)(cid:7) Industry Overview ..With growth prospects aided by industry tailwinds and growth drivers across market segments (cid:11)(cid:15)(cid:8)(cid:11)(cid:5)(cid:15)(cid:1)(cid:5)(cid:21)(cid:20)(cid:16)(cid:14)(cid:16)(cid:20)(cid:11)(cid:22)(cid:9)(cid:1)(cid:14)(cid:5)(cid:18)(cid:12)(cid:9)(cid:20)(cid:1) E-COMMERCE1 E-commerce users in India (Mn) USD 300 bn 2nd (INR 22.2 tn) largest by 2034 Indian automotive sector by 2026 E-commerce market in the world 885 549 Total on-road Two-wheelers Passennggeerr VVeehicles Commerciiall VVehicles B2C USD 127 bn vehicles in India in e-commerce 230 Mn 40 Mn 9.5 Mn in 2025 2020 27% CAGR (20-25) FY20 FY24F App Downloads in India1,2 Smartphone User Penetration1,3 Digital services market in India1 75% 68% CAGR: 24.9% 37.0 59% Digital services USD 52 bn market by 2025 12.2% CAGR (20-25) 19.0 VS Legacy Services 3.1% CAGR (20-25) market by 2025 FY19 FY22E CY19 CY22E CY23E (cid:14)(cid:31)(cid:36)(cid:33)(cid:20)(cid:22)(cid:43)(cid:1)(cid:49)(cid:46)(cid:1)(cid:6)(cid:47)(cid:14)(cid:1)(cid:13)(cid:22)(cid:32)(cid:31)(cid:33)(cid:35)(cid:1)(cid:20)(cid:31)(cid:29)(cid:29)(cid:26)(cid:34)(cid:34)(cid:26)(cid:31)(cid:30)(cid:22)(cid:21)(cid:1)(cid:18)(cid:30)(cid:21)(cid:1)(cid:32)(cid:18)(cid:26)(cid:21)(cid:1)(cid:23)(cid:31)(cid:33)(cid:1)(cid:19)(cid:39)(cid:1)(cid:35)(cid:25)(cid:22)(cid:1)(cid:20)(cid:31)(cid:29)(cid:32)(cid:18)(cid:30)(cid:39)(cid:42)(cid:1)(cid:10)(cid:31)(cid:35)(cid:22)(cid:43)(cid:1)(cid:50)(cid:46)(cid:1)(cid:8)(cid:3)(cid:5)(cid:6)(cid:41)(cid:1)(cid:2)(cid:32)(cid:32)(cid:1)(cid:2)(cid:30)(cid:30)(cid:26)(cid:22)(cid:42)(cid:1)(cid:51)(cid:46)(cid:1)(cid:4)(cid:18)(cid:35)(cid:18)(cid:33)(cid:22)(cid:32)(cid:31)(cid:33)(cid:35)(cid:18)(cid:28) (cid:6)(cid:8) Industry Overview Government Initiatives: Macro-Economic Enablers for digital maps and location intelligence • • • Liberalization of GPS-based toll Automotive Digital India Plans to make Geospatial Sector collection method Industry Standard Land Records ADAS compulsory 140 (“AIS 140”)2 Modernization in all cars by 2022 Programme3 • • • • Geotagging Telematics Drone Rules, Allowed “Beyond Digital India of Companies4 in Insurance5 2021 - Liberalized Visual Line of Initiatives and simplified Sight” flight drone regulations6 testing of drones7 Source:1)F&SReportcommissionedandpaidforbythecompany;Note:2)AllStatepublictransportvehiclesneedavehicletrackingsystem,acamerasurveillancesystemandemergencySOSpanicbutton;3)Digitizetheexistinglandrecordsand developanIntegratedLandInformationManagementSystem;4)RequiresallregisteredcompaniestofileparticularsabouttheregisteredofficesinE-formACTIVE;5)IRDAIhasproposedtheadoptionofTelematicsinmotorinsurance; 6)developmentofadronecorridorwouldbefacilitatedbytheMinistryfortransportationofgoodsbydrones;7)WithlatestUAV(unmannedairvehicles)/UAS(unmannedaerosystems)laws,NanodronesinIndiacanstartflyinglegally (cid:6)(cid:9) MAP S rJ~p , ;1, Ara Annexures 7 Glossary Disclaimer L C.E. INFO SYSTEMS LIMITED Annexures Glossary Expansion of acronyms used A&M Automotive and Mobility Tech BVLOS Beyond Visual Line of Sight C&E Consumer Tech and Enterprise Digital Transformation ESRI Environmental Systems Research Institute FAME Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India FICCI Federation of Indian Chambers of Commerce and Industry GIS Geographic Information System GPS Global Positioning System MaaS/SaaS Maps/Software as a service SDK Software Development Kit (cid:6)(cid:11) Annexures Disclaimer This presentation and the accompanying slides (the “Presentation”) have been prepared by C.E. Info Systems Limited (“Company”) solely for information purposes and to provide backgroundinformationabouttheCompanyanddonotconstituteanoffertosellor,recommendationorsolicitationorinvitationofanyoffertosubscribefororpurchaseanysecurities andnothingcontainedhereinshallformthebasisofanycontractorcommitmentwhatsoever.ThisPresentationisstrictlyconfidentialandmaynotbetakenaway,copied,published, distributedortransmittedorreproducedorredistributedorpassedondirectlyorindirectlytoanyotherperson,whetherwithinoroutsideyourorganizationorfirm,orpublishedinwhole orinpart,foranypurposebyrecipientsdirectlyorindirectlytoanyotherperson. ThisPresentationisnotintendedtobeaprospectus,anofferletter,offeringcircular,offeringdocument,informationmemorandum,statementinlieuofaprospectus,draftredherring prospectus,redherringprospectus,invitation,advertisementorprospectusasdefinedundertheCompaniesAct,2013asamended,theSecuritiesandExchangeBoardofIndia(Issueof CapitalandDisclosureRequirements)Regulations,2018,asamended,oranyotherapplicablelawinIndia. TheinformationcontainedinthisPresentationshouldbeconsideredinthecontextofthecircumstancesprevailingatthetimeandhasnotbeen,andwillnotbe,updatedtoreflect materialdevelopmentswhichmayoccurafterthedateofthePresentation.Theinformationsetouthereinmaybesubjecttoupdating,completion,revision,verificationandamendment withoutnoticeandsuchinformationmaychangematerially.Thispresentationisbasedontheeconomic,regulatory,marketandotherconditionsasineffectonthedatehereof.Itshould beunderstoodthatsubsequentdevelopmentsmayaffecttheinformationcontainedinthispresentation,whichneithertheCompanynoritsaffiliates,advisorsorrepresentativesare underanobligationtoupdate,reviseoraffirm. YouacknowledgeandagreethattheCompanyand/oritsaffiliatedcompaniesand/ortheirrespectiveemployeesand/oragentshavenoresponsibilityorliability(expressorimplied) whatsoeverandhowsoeverarising(including,withoutlimitationforanyclaim,proceedings,action,suits,losses,expenses,damagesorcosts)whichmaybebroughtagainstorsufferedby any person as a result of acting in reliance upon the whole or any part of the contents of this Presentation and neither the Company, its affiliated companies nor their respective employees or agents accepts any liability for any error, omission or misstatement, negligent or otherwise, in this Presentation and any liability in respect of the Presentation or any inaccuracythereinoromissiontherefromwhichmightotherwiseariseisherebyexpresslydisclaimed. CertainstatementscontainedinthisPresentationmaybestatementsrelatingtotheCompany'sbeliefs,plansandexpectationsaboutthefutureandotherforwardlookingstatements thatarebasedonmanagement'scurrentexpectationsorbeliefsaswellasanumberofassumptionsabouttheCompany'soperationsandfactorsbeyondtheCompany'scontrolorthird party sources and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward looking statements. Forward looking statements contained in this Presentation regarding past trends or activities should not be taken as a representation that such trends or activities will continueinthefuture.Thereisnoobligationtoupdateorreviseanyforwardlookingstatements,whetherasaresultofnewinformation,futureeventsorotherwise.Youshouldnotplace unduerelianceonforwardlookingstatements,whichspeakonlyasofthedateofthisPresentation. CertaindatacontainedinthisPresentationwasobtainedfromvariousexternaldatasources,andneithertheCompanynoranyofitsaffiliates,advisersorrepresentativeshasverifiedthis datawithindependentsources.Accordingly,theCompanyanditsaffiliates,advisersandrepresentativesmakenorepresentationastothefairness,accuracy,correctnessorcompleteness ofthatdata,andthisdatainvolvesrisksanduncertaintiesandissubjecttochangebasedonvariousfactors. TheinformationcontainedinthisPresentationisnottobetakenasanyrecommendationmadebytheCompanyoranyotherpersontoenterintoanyagreementwithregardtoany investment. 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 responsibleforformingyourownviewofthepotentialfutureperformanceofthebusinessoftheCompany. (cid:6)(cid:12) Thank You For further details please contact: Saurabh Surendra Somani Company Secretary & Compliance Officer, C.E. Info systems Limited '- 📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞: +91 11 4600 9900 MAPP 📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧1 : c_s@mapm_yindia._c om; LS investor.relations@mapmyindia.com Diwakar Pingle/Sonia Keswani/ Shashank Ganesh Ernst & Young LLP Corporate Office '- First, Second, & Third Floor, 📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞📞: +91 22 6192 0000 📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧📧1 : D_iwakar_.pingle@_in.ey.c_o m Plot. No. 237, Okhla Industrial Estate, Phase- Sonia.keswani@in.ey.com III, New Delhi 110 020, India Shashank.ganesh@in.ey.com www.mapmyindia.com (cid:7)(cid:3)