Announcement • Jul 28
C. E. Info Systems Limited to Report Q1, 2027 Results on Aug 04, 2026 C. E. Info Systems Limited announced that they will report Q1, 2027 results on Aug 04, 2026 Upcoming Dividend • Jul 28
Upcoming dividend of ₹3.50 per share Eligible shareholders must have bought the stock before 04 August 2026. Payment date: 10 September 2026. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (2.5%). Reported Earnings • Jul 21
Full year 2026 earnings: EPS and revenues miss analyst expectations Full year 2026 results: EPS: ₹24.46 (down from ₹26.77 in FY 2025). Revenue: ₹4.74b (up 2.3% from FY 2025). Net income: ₹1.34b (down 8.9% from FY 2025). Profit margin: 28% (down from 32% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.0%. Earnings per share (EPS) also missed analyst estimates by 7.1%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. New Risk • Jul 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Jul 08
C. E. Info Systems Limited announces Annual dividend, payable on September 10, 2026 C. E. Info Systems Limited announced Annual dividend of INR 3.5000 per share payable on September 10, 2026, ex-date on August 04, 2026 and record date on August 04, 2026. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹947, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 25x in the Software industry in India. Total loss to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹539 per share. Announcement • Jun 30
C. E. Info Systems Limited, Annual General Meeting, Aug 11, 2026 C. E. Info Systems Limited, Annual General Meeting, Aug 11, 2026. Price Target Changed • Jun 15
Price target decreased by 9.0% to ₹1,178 Down from ₹1,294, the current price target is an average from 6 analysts. New target price is 36% above last closing price of ₹865. Stock is down 50% over the past year. The company is forecast to post earnings per share of ₹33.80 for next year compared to ₹24.56 last year. Reported Earnings • May 21
Full year 2026 earnings: EPS and revenues miss analyst expectations Full year 2026 results: EPS: ₹24.56 (down from ₹27.05 in FY 2025). Revenue: ₹5.27b (up 14% from FY 2025). Net income: ₹1.34b (down 8.9% from FY 2025). Profit margin: 26% (down from 32% in FY 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.0%. Earnings per share (EPS) also missed analyst estimates by 7.1%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • May 14
C. E. Info Systems Limited to Report Q4, 2026 Results on May 19, 2026 C. E. Info Systems Limited announced that they will report Q4, 2026 results on May 19, 2026 Price Target Changed • Feb 17
Price target decreased by 19% to ₹1,625 Down from ₹1,996, the current price target is an average from 6 analysts. New target price is 41% above last closing price of ₹1,154. Stock is down 31% over the past year. The company is forecast to post earnings per share of ₹26.88 for next year compared to ₹27.05 last year. Reported Earnings • Feb 16
Third quarter 2026 earnings: EPS and revenues miss analyst expectations Third quarter 2026 results: EPS: ₹3.43 (down from ₹5.96 in 3Q 2025). Revenue: ₹1.04b (down 9.0% from 3Q 2025). Net income: ₹187.7m (down 42% from 3Q 2025). Profit margin: 18% (down from 28% in 3Q 2025). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 56%. Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Feb 07
C. E. Info Systems Limited to Report Q3, 2026 Results on Feb 13, 2026 C. E. Info Systems Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Reported Earnings • Nov 11
Second quarter 2026 earnings: EPS and revenues miss analyst expectations Second quarter 2026 results: EPS: ₹3.32 (down from ₹5.58 in 2Q 2025). Revenue: ₹1.24b (up 20% from 2Q 2025). Net income: ₹185.1m (down 39% from 2Q 2025). Profit margin: 15% (down from 29% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 9.5%. Earnings per share (EPS) also missed analyst estimates by 63%. Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year. Announcement • Nov 03
C. E. Info Systems Limited to Report Q2, 2026 Results on Nov 10, 2025 C. E. Info Systems Limited announced that they will report Q2, 2026 results on Nov 10, 2025 Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹1,955, the stock trades at a forward P/E ratio of 51x. Average forward P/E is 31x in the Software industry in India. Total returns to shareholders of 47% over the past three years. Announcement • Sep 03
C. E. Info Systems Limited (NSEI:MAPMYINDIA) completed the acquisition of additional 20.02% stake in Gtropy Systems Pvt. Ltd. C. E. Info Systems Limited (NSEI:MAPMYINDIA) agreed to acquire additional 20.02% stake in Gtropy Systems Pvt. Ltd. for approximately INR 250 million on August 7, 2025. The consideration will be paid in cash and the shares will be acquired at a price of INR 5713 per share. C. E. Info Systems Limited has a right to acquire balance 4% shareholding at current valuation within a period of 4 years.
Gtropy Systems Pvt. Ltd. reported turnover of INR 1.1 billion for FY 2025.
The transaction has been approved by the board of C. E. Info Systems Limited. The transaction is expected to close within 3 months.
C. E. Info Systems Limited (NSEI:MAPMYINDIA) completed the acquisition of additional 20.02% stake in Gtropy Systems Pvt. Ltd. on September 2, 2025. Reported Earnings • Aug 08
First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2026 results: EPS: ₹8.48 (up from ₹6.63 in 1Q 2025). Revenue: ₹1.35b (up 33% from 1Q 2025). Net income: ₹461.1m (up 29% from 1Q 2025). Profit margin: 34% (down from 35% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 9.4%. Earnings per share (EPS) exceeded analyst estimates by 2.3%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Aug 02
C. E. Info Systems Limited to Report Q1, 2026 Results on Aug 07, 2025 C. E. Info Systems Limited announced that they will report Q1, 2026 results on Aug 07, 2025 Upcoming Dividend • Jul 11
Upcoming dividend of ₹3.50 per share Eligible shareholders must have bought the stock before 18 July 2025. Payment date: 24 August 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (1.5%). Reported Earnings • Jul 04
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: ₹27.05 (up from ₹24.77 in FY 2024). Revenue: ₹4.63b (up 22% from FY 2024). Net income: ₹1.47b (up 9.9% from FY 2024). Profit margin: 32% (down from 35% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 1.8%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Jun 25
C. E. Info Systems Limited, Annual General Meeting, Jul 25, 2025 C. E. Info Systems Limited, Annual General Meeting, Jul 25, 2025. Reported Earnings • May 14
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: ₹27.05 (up from ₹24.77 in FY 2024). Revenue: ₹4.63b (up 22% from FY 2024). Net income: ₹1.47b (up 9.9% from FY 2024). Profit margin: 32% (down from 35% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 1.8%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year and the company’s share price has also increased by 17% per year. Price Target Changed • May 13
Price target increased by 9.8% to ₹2,197 Up from ₹2,001, the current price target is an average from 6 analysts. New target price is 6.0% above last closing price of ₹2,074. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of ₹27.27 for next year compared to ₹24.77 last year. Announcement • May 11
C. E. Info Systems Limited Approves the Resignation of Kartheepan Madasamy as Independent Director, Effective 6 May 2025 C. E. Info Systems Limited at its Board Meeting held on 9 May, 2025 approved the resignation of Mr. Kartheepan Madasamy from the post of Independent Director of the Company due to his pre-occupation, effective 6 May 2025. Announcement • May 03
C. E. Info Systems Limited to Report Q4, 2025 Results on May 09, 2025 C. E. Info Systems Limited announced that they will report Q4, 2025 results at 12:08 PM, Indian Standard Time on May 09, 2025 Announcement • Apr 09
C. E. Info Systems Limited Announces Resignation of Vijay Ajmera as Non-Executive Director, Effective April 9, 2025 C. E. Info Systems Limited announced that Mr. Vijay Ajmera, Non-Executive Director (Nominee of PhonePe Private Limited) has resigned from the Board of Directors of the Company with effect from April 9, 2025 on account of his other ongoing engagements and personal commitments. Price Target Changed • Jan 30
Price target decreased by 9.6% to ₹2,148 Down from ₹2,376, the current price target is an average from 6 analysts. New target price is 30% above last closing price of ₹1,650. Stock is down 10% over the past year. The company is forecast to post earnings per share of ₹27.54 for next year compared to ₹24.77 last year. Reported Earnings • Jan 29
Third quarter 2025 earnings: EPS misses analyst expectations Third quarter 2025 results: EPS: ₹5.96 (up from ₹5.69 in 3Q 2024). Revenue: ₹1.15b (up 25% from 3Q 2024). Net income: ₹324.4m (up 5.5% from 3Q 2024). Profit margin: 28% (down from 33% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in India. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Jan 22
C. E. Info Systems Limited to Report Q3, 2025 Results on Jan 28, 2025 C. E. Info Systems Limited announced that they will report Q3, 2025 results on Jan 28, 2025 Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹1,817, the stock trades at a forward P/E ratio of 52x. Average forward P/E is 37x in the Software industry in India. Total loss to shareholders of 16% over the past year. New Risk • Dec 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (32% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Significant insider selling over the past 3 months (₹84m sold). Price Target Changed • Dec 02
Price target decreased by 7.4% to ₹2,402 Down from ₹2,595, the current price target is an average from 6 analysts. New target price is 42% above last closing price of ₹1,689. Stock is down 24% over the past year. The company is forecast to post earnings per share of ₹28.50 for next year compared to ₹24.77 last year. Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹1,740, the stock trades at a forward P/E ratio of 50x. Average forward P/E is 37x in the Software industry in India. Total loss to shareholders of 22% over the past year. Reported Earnings • Nov 09
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: ₹5.58 (down from ₹6.11 in 2Q 2024). Revenue: ₹1.14b (up 25% from 2Q 2024). Net income: ₹303.3m (down 8.2% from 2Q 2024). Profit margin: 27% (down from 36% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 34%. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in India. Announcement • Nov 05
C. E. Info Systems Limited Appoints Vijay Ajmera as Director C. E. Info Systems Limited announced the appointment of Mr. Vijay Ajmera as director of the company. Announcement • Oct 31
C. E. Info Systems Limited to Report Q2, 2025 Results on Nov 08, 2024 C. E. Info Systems Limited announced that they will report Q2, 2025 results on Nov 08, 2024 Recent Insider Transactions • Oct 05
Insider recently sold ₹5.1m worth of stock On the 30th of September, Leena Sahani sold around 2k shares on-market at roughly ₹2,109 per share. This transaction amounted to 94% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹23m. Insiders have been net sellers, collectively disposing of ₹1.5b more than they bought in the last 12 months. Recent Insider Transactions • Sep 17
Insider recently sold ₹23m worth of stock On the 12th of September, Ankeet Bhat sold around 11k shares on-market at roughly ₹2,123 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹1.2b. Insiders have been net sellers, collectively disposing of ₹1.6b more than they bought in the last 12 months. Announcement • Aug 10
C. E. Info Systems Limited Announces Change in Management C. E. Info Systems Limited that board approved the appointment of Mr. Vijay Ajmera (DIN: 03142576) as an Additional Director in the capacity of Non-Executive & Professional on behalf of Phonepe Private Limited as per the recommendation of the Nomination & Remuneration Committee. Mr. Vijay Ajmera has been with PhonePe since 2019 and is currently heading Finance and Accounting as Vice President. He has 20+ years of experience in Fin-Tech, E-Commerce, Media, and IT Industries in business and finance roles. He was earlier associated with MapMyIndia as a Director for a brief period i.e., from 03 March 2020 to 27 July 2021. Before joining PhonePe, he was running a digital lending start-up, prior to that he was leading the lending business and finance at Snapdeal till early 2016. He was one of the early members to join Snapdeal in 2010 and was part of the leadership team that helped build and scale the company to be among the top 3 E-commerce companies in India. Prior to Snapdeal, he worked with NDTV Limited and Infosys Limited in various finance roles. Vijay is a Chartered Accountant with All India Rank 17 in CA and took note of the cessation of Directorship of Ms. Sonika Chandra (DIN: 09193853) from the Directorship of the Company. Announcement • Jul 31
C. E. Info Systems Limited to Report Q1, 2025 Results on Aug 09, 2024 C. E. Info Systems Limited announced that they will report Q1, 2025 results on Aug 09, 2024 Upcoming Dividend • Jul 26
Upcoming dividend of ₹3.50 per share Eligible shareholders must have bought the stock before 02 August 2024. Payment date: 09 September 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (1.1%). Board Change • Jul 25
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. Non-Executive Independent Director Rajagopalan Sundar was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 23
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: ₹24.77 (up from ₹19.99 in FY 2023). Revenue: ₹3.79b (up 35% from FY 2023). Net income: ₹1.34b (up 25% from FY 2023). Profit margin: 35% (down from 38% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in India. Recent Insider Transactions • Jun 26
Chief HR & Corporate Affairs Officer recently sold ₹5.4m worth of stock On the 21st of June, Shishir Verma sold around 2k shares on-market at roughly ₹2,395 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹19m. Insiders have been net sellers, collectively disposing of ₹455m more than they bought in the last 12 months. New Risk • May 31
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹26m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risk Significant insider selling over the past 3 months (₹26m sold). Reported Earnings • May 14
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: ₹24.77 (up from ₹19.99 in FY 2023). Revenue: ₹4.18b (up 48% from FY 2023). Net income: ₹1.34b (up 25% from FY 2023). Profit margin: 32% (down from 38% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%. Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in India. Announcement • May 05
C. E. Info Systems Limited to Report Q4, 2024 Results on May 13, 2024 C. E. Info Systems Limited announced that they will report Q4, 2024 results on May 13, 2024 Recent Insider Transactions • Apr 04
Insider recently sold ₹2.8m worth of stock On the 28th of March, Monika Jaipuriar sold around 2k shares on-market at roughly ₹1,852 per share. This transaction amounted to 8.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹396m more than they bought in the last 12 months. Reported Earnings • Jan 17
Third quarter 2024 earnings: Revenues in line with analyst expectations Third quarter 2024 results: Revenue: ₹1.04b (up 53% from 3Q 2023). Net income: ₹307.5m (up 3.7% from 3Q 2023). Profit margin: 30% (down from 44% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in India. Announcement • Jan 05
C. E. Info Systems Limited to Report Q3, 2024 Results on Jan 16, 2024 C. E. Info Systems Limited announced that they will report Q3, 2024 results at 4:00 PM, Indian Standard Time on Jan 16, 2024 Announcement • Nov 29
C. E. Info Systems Limited has filed a Follow-on Equity Offering in the amount of INR 5 billion. C. E. Info Systems Limited has filed a Follow-on Equity Offering in the amount of INR 5 billion.
Security Name: Equity Share
Security Type: Common Stock
Securities Offered: 2,500,000,000
Price\Range: INR 2
Transaction Features: Subsequent Direct Listing Reported Earnings • Nov 02
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: ₹6.11 (up from ₹4.73 in 2Q 2023). Revenue: ₹993.0m (up 30% from 2Q 2023). Net income: ₹330.4m (up 30% from 2Q 2023). Profit margin: 33% (in line with 2Q 2023). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 8.8%. Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in India. Announcement • Oct 18
C. E. Info Systems Limited to Report Q2, 2024 Results on Oct 31, 2023 C. E. Info Systems Limited announced that they will report Q2, 2024 results at 4:00 PM, Indian Standard Time on Oct 31, 2023 Recent Insider Transactions • Oct 06
Insider recently sold ₹65m worth of stock On the 29th of September, P. Ranjan sold around 39k shares on-market at roughly ₹1,679 per share. This transaction amounted to 58% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹408m more than they bought in the last 12 months. Recent Insider Transactions • Sep 23
Chief Financial Officer recently sold ₹14m worth of stock On the 19th of September, Anuj Jain sold around 2k shares on-market at roughly ₹9,455 per share. This transaction amounted to 9.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹24m. Anuj has been a net seller over the last 12 months, reducing personal holdings by ₹30m. Recent Insider Transactions • Aug 24
Chief Strategy Officer recently sold ₹23m worth of stock On the 18th of August, Ankeet Bhat sold around 14k shares on-market at roughly ₹1,650 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹291m more than they bought in the last 12 months. Upcoming Dividend • Aug 18
Upcoming dividend of ₹3.00 per share at 0.2% yield Eligible shareholders must have bought the stock before 25 August 2023. Payment date: 30 September 2023. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (1.5%). Recent Insider Transactions • Aug 13
Chief Financial Officer recently sold ₹14m worth of stock On the 11th of August, Anuj Jain sold around 9k shares on-market at roughly ₹1,612 per share. This transaction amounted to 79% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Anuj has been a net seller over the last 12 months, reducing personal holdings by ₹24m. Price Target Changed • Aug 08
Price target increased by 9.0% to ₹1,571 Up from ₹1,441, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ₹1,595. Stock is up 19% over the past year. The company is forecast to post earnings per share of ₹27.30 for next year compared to ₹19.99 last year. Reported Earnings • Aug 05
First quarter 2024 earnings: EPS and revenues exceed analyst expectations First quarter 2024 results: EPS: ₹6.00 (up from ₹4.54 in 1Q 2023). Revenue: ₹977.3m (up 50% from 1Q 2023). Net income: ₹322.2m (up 33% from 1Q 2023). Profit margin: 33% (down from 37% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.9%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Software industry in India. Announcement • Aug 05
C. E. Info Systems Limited, Annual General Meeting, Sep 01, 2023 C. E. Info Systems Limited, Annual General Meeting, Sep 01, 2023. Announcement • Jul 26
C. E. Info Systems Limited to Report Q1, 2024 Results on Aug 04, 2023 C. E. Info Systems Limited announced that they will report Q1, 2024 results on Aug 04, 2023 Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹1,429, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 26x in the Software industry in India. Negligible returns to shareholders over past year. New Risk • Jul 03
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹11m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Recent Insider Transactions • Jul 02
Insider recently sold ₹3.0m worth of stock On the 23rd of June, Sumit Gupta sold around 3k shares on-market at roughly ₹1,201 per share. This transaction amounted to 76% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹187m more than they bought in the last 12 months. Announcement • May 18
C. E. Info Systems Limited (NSEI:MAPMYINDIA) completed the acquisition of 20% stake in Indrones Solutions Private Limited. C. E. Info Systems Limited (NSEI:MAPMYINDIA) Agreed to acquire 20% stake in Indrones Solutions Private Limited for INR 70 million on January 31, 2023. Indrones Solutions Private Limited Reported turnover of INR 22 million in FY 2022. As of January 31, 2023, the board of C. E. Info Systems Limited approved the transaction. The transaction is expected to close within 3-6 months. As of February 10, 2023, C. E. Info Systems acquired 11.11% stake in Indrones Solutions, representing 1,477 Compulsorily Convertible Preference Shares.C. E. Info Systems Limited (NSEI:MAPMYINDIA) completed the acquisition of 20% stake in Indrones Solutions Private Limited on May 16, 2023. As on May 16, 2023, C. E. Info Systems completed second tranche of acquisition by acquiring 1,478 Compulsorily Convertible Preference Shares. Price Target Changed • Apr 28
Price target decreased by 7.2% to ₹1,384 Down from ₹1,491, the current price target is an average from 3 analysts. New target price is 26% above last closing price of ₹1,099. Stock is down 26% over the past year. The company is forecast to post earnings per share of ₹24.80 for next year compared to ₹19.99 last year. Price Target Changed • Apr 26
Price target decreased by 7.2% to ₹1,384 Down from ₹1,491, the current price target is an average from 3 analysts. New target price is 38% above last closing price of ₹1,000. Stock is down 33% over the past year. The company is forecast to post earnings per share of ₹26.80 for next year compared to ₹19.99 last year. Reported Earnings • Apr 25
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: ₹19.99 (up from ₹16.34 in FY 2022). Net income: ₹1.07b (up 23% from FY 2022). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 1.5%. Revenue is forecast to grow 91% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Software industry in India. Recent Insider Transactions • Apr 04
Insider recently sold ₹1.1m worth of stock On the 31st of March, Sumit Gupta sold around 1k shares on-market at roughly ₹1,102 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹14m. Insiders have been net sellers, collectively disposing of ₹177m more than they bought in the last 12 months. Recent Insider Transactions • Mar 18
Insider recently sold ₹1.2m worth of stock On the 16th of March, Monika Jaipuriar sold around 1k shares on-market at roughly ₹1,199 per share. This transaction amounted to 6.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹14m. Insiders have been net sellers, collectively disposing of ₹176m more than they bought in the last 12 months. Recent Insider Transactions • Mar 08
Chief Operating Officer recently sold ₹14m worth of stock On the 28th of February, Sapna Ahuja sold around 12k shares on-market at roughly ₹1,147 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Sapna has been a net seller over the last 12 months, reducing personal holdings by ₹29m. Price Target Changed • Feb 24
Price target decreased by 7.5% to ₹1,491 Down from ₹1,613, the current price target is an average from 3 analysts. New target price is 28% above last closing price of ₹1,162. Stock is down 18% over the past year. The company is forecast to post earnings per share of ₹19.80 for next year compared to ₹16.34 last year. Announcement • Feb 02
C. E. Info Systems Limited (NSEI:MAPMYINDIA) intends to acquire Indrones for INR 70 million. C. E. Info Systems Limited (NSEI:MAPMYINDIA) Agreed to acquire 20% stake in Indrones Solutions Private Limited for INR 70 million on January 31, 2023. Indrones Solutions Private Limited Reported turnover of 22 million in FY 2022. As of January 31, 2023, the board of C. E. Info Systems Limited approved the transaction. Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: ₹5.53 (vs ₹3.48 in 3Q 2022) Third quarter 2023 results: EPS: ₹5.53 (up from ₹3.48 in 3Q 2022). Revenue: ₹782.7m (up 81% from 3Q 2022). Net income: ₹296.4m (up 60% from 3Q 2022). Profit margin: 38% (down from 43% in 3Q 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in India. Announcement • Jan 21
C. E. Info Systems Limited to Report Q3, 2023 Results on Jan 31, 2023 C. E. Info Systems Limited announced that they will report Q3, 2023 results on Jan 31, 2023 Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Karthee Madasamy was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: EPS: ₹4.73 (up from ₹3.48 in 2Q 2022). Revenue: ₹838.5m (up 93% from 2Q 2022). Net income: ₹254.1m (up 37% from 2Q 2022). Profit margin: 30% (down from 43% in 2Q 2022). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in India. Board Change • Oct 22
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Karthee Madasamy was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 15
C. E. Info Systems Limited to Report Q2, 2023 Results on Oct 27, 2022 C. E. Info Systems Limited announced that they will report Q2, 2023 results on Oct 27, 2022 Recent Insider Transactions • Oct 02
Insider recently sold ₹1.0m worth of stock On the 28th of September, Subrat Dey sold around 800 shares on-market at roughly ₹1,275 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹44m. Insiders have been net sellers, collectively disposing of ₹154m more than they bought in the last 12 months. Announcement • Sep 20
C. E. Info Systems Limited (NSEI:MAPMYINDIA) completed the acquisition of 26.37% stake in Kogo Tech Labs Private Limited. C. E. Info Systems Limited (NSEI:MAPMYINDIA) agreed to acquire 26.37% stake in Kogo Tech Labs Private Limited for INR 100 million on September 14, 2022. Acquisition of 26.37% stake, with an option to raise the stake to 50% within a period of 2 years. The consideration to be paid in cash. Turnover of FY 2022 is INR 3.7 million. The acquirer Board has considered and approved Acquisition. The transaction is estimated to be complete with in 7days.
C. E. Info Systems Limited (NSEI:MAPMYINDIA) completed the acquisition of 26.37% stake in Kogo Tech Labs Private Limited on September 19, 2022. Announcement • Sep 15
C. E. Info Systems Limited (NSEI:MAPMYINDIA) agreed to acquire 26.37% stake in Kogo Tech Labs Private Limited for INR 100 million. C. E. Info Systems Limited (NSEI:MAPMYINDIA) agreed to acquire 26.37% stake in Kogo Tech Labs Private Limited for INR 100 million on September 14, 2022. Acquisition of 26.37% stake, with an option to raise the stake to 50% within a period of 2 years. The consideration to be paid in cash. Turnover of FY 2022 is INR 3.7 million. The acquirer Board has considered and approved Acquisition. The transaction is estimated to be complete with in 7days. Recent Insider Transactions • Aug 26
Senior Vice President of Corporate & HR recently sold ₹2.0m worth of stock On the 23rd of August, Shishir Verma sold around 2k shares on-market at roughly ₹1,318 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹6.3m more than they bought in the last 12 months. Announcement • Aug 25
CE Info Systems Ltd. Proposes Payment of Interim Dividend for the Financial Year Ended March 31, 2022 as Final Dividend CE Info Systems Ltd. at 27Th Annual General Meeting to be held on 15th of September, 2022, proposed to confirm the payment of Interim Dividend of INR 2/- per Equity Share for the Financial Year ended March 31, 2022 as final dividend and, if thought fit, to pass, with or without modification (s). Announcement • Aug 06
CE Info Systems Ltd., Annual General Meeting, Sep 15, 2022 CE Info Systems Ltd., Annual General Meeting, Sep 15, 2022. Announcement • Jul 28
CE Info Systems Ltd. to Report Q1, 2023 Results on Aug 05, 2022 CE Info Systems Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 23
Full year 2022 earnings released: EPS: ₹16.34 (vs ₹15.07 in FY 2021) Full year 2022 results: EPS: ₹16.34 (up from ₹15.07 in FY 2021). Revenue: ₹2.00b (up 32% from FY 2021). Net income: ₹870.2m (up 46% from FY 2021). Profit margin: 43% (up from 39% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 45%, compared to a 23% growth forecast for the industry in India. Announcement • May 12
CE Info Systems Ltd. to Report Q4, 2022 Results on May 20, 2022 CE Info Systems Ltd. announced that they will report Q4, 2022 results on May 20, 2022 Announcement • Mar 06
CE Info Systems Ltd. (NSEI:MAPMYINDIA) completed the acquisition of 75.98% stake in Gtropy Systems Private Limited for approximately INR 140 million. CE Info Systems Ltd. (NSEI:MAPMYINDIA) agreed to acquire 75.98% stake in Gtropy Systems Private Limited on February 4, 2022. The transaction has been approved by the Board of Directors of CE Info Systems.
CE Info Systems Ltd. (NSEI:MAPMYINDIA) completed the acquisition of 75.98% stake in Gtropy Systems Private Limited for approximately INR 140 million on March 4, 2022. Announcement • Feb 05
CE Info Systems Ltd. Declares Interim Dividend for the Fiscal Year 2021-22 The board of directors of CE Info Systems Ltd. meeting held on February 04, 2022 declared interim dividend at INR 2 (100%) per equity share bearing face value of INR 2 each, for the Fiscal Year 2021-22. The board fixed the the Record Date to determine the list of eligible members for the payment of Interim Dividend as February 14, 2022. Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹3.48. Revenue: ₹433.7m (flat on 3Q 2021). Net income: ₹185.2m (up ₹185.2m from 3Q 2021). Profit margin: 43% (up from null in 3Q 2021). Revenue was in line with analyst estimates.