41 slides from C.e. Info Systems's earnings presentation, Apr 24, 2023
Slide 1: Submission of Investor Presentation cover letter
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: Sub
Slide 2: Investor Presentation Q4 & FY2023
MAPP LS • Investor Presentation Q4 & FY2023 - APR 2023
Slide 3: Q4 & FY23 Performance
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 Customers L Employees Key Investments Consolidated P&L
Slide 4: Management Commentary
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
Slide 5: Management Commentary
Q4 & FY23 Performance Management Commentary “Our overall revenue growth of 41% to Rs 282 Cr during “…Last, but not the least, our Open Order Book grew 31% to FY2023 was broad-based with Consumer Tech & Enterprise Rs 918 Cr by the end of FY23 from Rs 699 Cr at the Digital Transformation revenue up 48
Slide 6: Consolidated Financial Highlights (Q4 & FY23)
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 mentioned FY23 FY22 YoY Growth Q4 FY23 Q4 FY22 Q4 YoY Growth Strong Revenu
Slide 7: Consolidated Business Highlights: Map-led and IoT-led
Q4 & FY23 Performance Consolidated Business Highlights: Map-led and IoT-led l d J FY23 FY23 FY23 Q4 FY22 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 t
Slide 8: Market-wise Revenue – A&M
Q4 & FY23 Performance Market-wise Revenue – A&M MARKET SEGMENT – A&M1 BUSINESS UPDATE (INR Crores) Automotive & Mobility Tech revenue grew a healthy 34.1% YoY in FY23. Q4 YoY comparison not appropriate as Q3 34.1% FY22 semi-conductor shortage led to uncharacteristically higher Q4 FY22 (comparative q
Slide 9: Market-wise Revenue – C&E
Q4 & FY23 Performance Market-wise Revenue – C&E MARKET SEGMENT – C&E1 BUSINESS UPDATE (INR Crores) C&E revenue for the year and for the quarter on the back of healthy order book, and continued expansion of business from existing customers and addition of newer customers. 48% Strong penetration into
Slide 10: Product-Wise Revenue – Map & Data and Platform & IoT
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% 26.2~ 27% 33.5 83.1 ~ 111.8 30.7 ~ 39.0 Q4FY22 Q4FY23 FY22 FY23 ■ Map and Data ■ Platform and IoT Healthy growth across both Map an
Slide 11: Order Book
Q4 & FY23 Performance Order Book OPEN ORDER BOOK PERFORMANCE UPDATE 918.0 (INR Crores) 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,
Slide 12: Customers
Q4 & FY23 Performance Customers CUSTOMERS CONTRIBUTING 80% OF REVENUE )1------------------1( CUSTOMERS SERVICED J 2250+ (#) B2B & B2B2C customers since inception, including marquee names across nearly every vertical – new-age tech companies, businesses across industry verticals, automotive OEMs & go
Slide 13: Employees
Q4 & FY23 Performance Employees PERMANENT VS TEMPORARY MAP-LED VS IOT-LED BREAKUP BY FUNCTION 1,170* (#) 790 (#) (#) 690 1,170* 734 -936* 510 218 342 734 936* 146 221 - 355 380 107 501 324 246 355 168 324 472 448 660 137 581 212 303 435 448 410 109 FY2022 FY2023 FY2022 FY2023 FY2021 FY2022 FY2023 FY
Slide 14: Key Investments in FY23
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
Slide 15: Consolidated P&L Highlights for Q4 & FY23
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 (All fi figures iin INR Crores) C ) Revenue from Operations Contribution Profit 41% 281.5 30% 219.6 200.0 169.6 27% 16% 72.5 53.3 57.0 46
Slide 16: Consolidated Annual P&L Highlights for Last 3 Years
Q4 & FY23 Performance Consolidated Annual P&L Highlights for Last 3 Years (All figures in INR Crores) Revenue from Operations Contribution Profit & Margin 281.5 219.6 85% 83% 169.6 78% 200.0 40% 152.5 125.8 31% 10% FY2021 FY2021 FY2022 FY2022 ■ Revenue from Operations EBITDA & Margin - FY2023 FY2023
Slide 17: Consolidated Balance Sheet & Cash Flow Statement (Extract)
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 gene
Slide 18: About MapmyIndia
About MapmyIndia Company Overview 7 Our Strengths Future Strategy Shareholding Pattern L C.E. INFO SYSTEMS LIMITED www.mapmyindia.com, www.mappls.com
Slide 19: Company Overview
About MapmyIndia Company Overview (_ _ _ _) We are India’s leading provider of advanced digital maps, geospatial software & location-based IoT technologies serving B2B and B2B2C enterprise customers. Serving two distinct market segments As a data and technology products and platforms company, we off
Slide 20: Company Profile
About MapmyIndia Company Profile About MapmyIndia & Mappls (C.E. Info Systems Ltd) (www.mapmyindia.com & www.mappls.com) 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 MapmyIndia and globally as Mappls.
Slide 21: Our Journey So Far
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- (GPS-based telematics) Entered MoU1 with founded internet mapping portal, powered 4D, HD, Digital time maps of Covid mapping technologies pla
Slide 22: Our Strengths
About MapmyIndia Our Strengths 01 02 •m03 e w 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 ind
Slide 23: B2B and B2B2C market leader for maps and geospatial products
About MapmyIndia B2B and B2B2C market leader for maps and geospatial products in India with a comprehensive suite of offerings MAPPED Digital Map & Geospatial Map, Location & Data (Products) Navigation (Products & N-CASE Automotive Platforms) 6.3 Mn kms of roads3 98.5 of India’s road % 7.9K towns3 +
Slide 24: Ever expanding use cases
About MapmyIndia Ever expanding use cases; Innovating to address technology paradigm shifts • AUTOMOTIVE In-built Navigation • ECOMMERCE Long haul first mile • FOOD DELIVERY Address intelligence • TRANPORTATION & LOGISTICS Fleet and asset • BFSI Geo-verification and devices Last mile delivery Last m
Slide 25: Independent, Global geospatial products and platform company
About MapmyIndia Independent, Global Geospatial products and platform company Target international markets and Integrated maps of 200+ countries MAPP LS intend to follow MNCs customers with.. LARGE CATALOGUE OF FEATURES DEVELOPER APIS AND SDKS V Versioning & Docs Geo-analytics & AI Vision APIs R Res
Slide 26: Proprietary technology
About MapmyIndia Proprietary technology.. Photo-realistic and Data Acquisition and Panoramic Maps Processing Q_ _ _) H maps providing photo-realistic HD Virtual Reality and Augmented Reality V Live Traffic 4D, HD Maps Update with near real- time updates I Interactive 2D, 3D, outdoor and indoor m map
Slide 27: Network effect creates strong entry barriers
About MapmyIndia ..and Network effect create Strong entry barriers ~ ) ~ ) More Proprietary end-to-end technology-driven and AI- . Better content OEMs Integration of our digital maps with our internet- assisted mapping systems & features More Customers connected platforms More More Customers Automot
Slide 28: Marquee customers across sectors
About MapmyIndia Marquee customers across sectors with capability to up-sell and cross-sell LEADING ENTERPRISES ARE POWERED BY MAPMYINDIA TECHNOLOGIES Target B2B and B2B2C 600+ customers on SaaS, PaaS enterprise customers and MaaS platforms1 r-., L: :J Serviced 2,000+ enterprise Long-term mutually r
Slide 29: Becoming a key B2C player with differentiated maps and IoT gadgets
About MapmyIndia Becoming a key B2C player with differentiated maps, GPS-enabled IoT gadgets and a gamified application Built a Super App for Maps, Navigation, Safety and more Ill A Gamified Social Travel App for users and creators Junction View Road Safety Features Helps you navigate See reported h
Slide 30: Founding team
About MapmyIndia Founding team supported by an experienced professional management team 01 / 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
Slide 31: Founding team
About MapmyIndia Founding team supported by an experienced professional management team 02 Sapna Ahuja Anuj Jain Ankeet Bhat 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)
Slide 32: Future Strategy
About MapmyIndia Future Strategy Augment products, Scale and expand Drive expansion in Explore M&A Attract, develop platforms and our customer reach International markets opportunities to and retain skilled technology lead and Geospatial sector grow business employees Invest to further Expansion of
Slide 33: Shareholding Pattern
About MapmyIndia Shareholding Pattern Top Non-Promoter Shareholders % Holding 1% 10% 1% Phonepe Private Limited 19.0% 7% 4% Zenrin Co. 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
Slide 34: Industry Overview
Industry Overview Potentially Addressable Market 7 Government Initiatives L C.E. INFO SYSTEMS LIMITED
Slide 35: Large potentially addressable market
Industry Overview Large potentially addressable market.. INDIAN MOBILITY NAVIGATIONS 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. & In tegration Serv. ■ Geo-spatial Analytics ■
Slide 36: With growth prospects aided by industry tailwinds
Industry Overview ..With growth prospects aided by industry tailwinds and growth drivers across market segments E-COMMERCE1 E-commerce users in India (Mn) USD 300 bn (INR 22.2 tn) 2nd largest by 2034 885 Indian automotive sector by 2026 E-commerce market in the world 549 Total on-road Two-wheelers P
Slide 37: Government Initiatives
Industry Overview Government Initiatives: Macro-Economic Enablers for digital maps and location intelligence Liberalization of Geospatial Sector • GPS-based toll collection method Automotive • Industry Standard Digital India Land Records • Plans to make ADAS compulsory 140 (“AIS 140”)2 Modernization
Slide 38: Annexures
MAP S rJ~p, ;1, Ara Annexures 7 Glossary Disclaimer L C.E. INFO SYSTEMS LIMITED
Slide 39: Glossary
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
Slide 40: Disclaimer
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 background information about the Company and do not constitute an offer to sell or, recommendation or sol
Slide 41: Thank You
For further details please contact: Saurabh Surendra Somani Thank You Company Secretary & Compliance Officer, C.E. Info systems Limited 📞: +91 11 4600 9900 '- 📧 : cs@mapmyindia.com; MAPP LS 1 _ __ investor.relations@mapmyindia.com Diwakar Pingle/Sonia Keswani/ Shashank Ganesh Ernst & Young LLP…