India
/
Software
/
NSEI:MAPMYINDIA

C. E. Info Systems Full Year 2024 Earnings: Beats Expectations

Simply Wall St

July 24, 2024

C. E. Info Systems (NSE:MAPMYINDIA) Full Year 2024 Results

Key Financial Results

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.
EPS: ₹24.77 (up from ₹19.99 in FY 2023).

revenue-and-expenses-breakdown — NSEI:MAPMYINDIA Revenue and Expenses Breakdown July 24th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

C. E. Info Systems Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 2.8%.

In the last 12 months, the only revenue segment was Map Data and Map Data Related Services (GPS Navigation, Location-Based Services and Iot) contributing ₹3.79b. The largest operating expense was General & Administrative costs, amounting to ₹387.3m (37% of total expenses). Explore how MAPMYINDIA's revenue and expenses shape its earnings.

Looking ahead, 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.

Performance of the Indian Software industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for C. E. Info Systems (1 is concerning!) that you should be aware of.

Mobile Infrastructure for Defense and Disaster

The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.

Get the investor briefing before the next round of contracts

New: AI Stock Screener & Alerts

Our new AI Stock Screener scans the market every day to uncover opportunities.

• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies

Or build your own from over 50 metrics.

Explore Now for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com