45 slides from C.e. Info Systems's earnings presentation, Aug 4, 2023
Slide 1: Submission of Investor Presentation for Q1 FY2024 Results
MAPP LS® August 04, 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: S
Slide 2: MapmyIndia Investor Presentation Q1 FY2024
MAPP LS ~ MapmyIndia C.E. Info Systems Ltd Investor Presentation Q1 FY2024 JUL 2023
Slide 3: Q1 FY2024 Performance
MAP Q1 FY2024 Performance r 7 Management Commentary Consolidated Financial Highlights (Q1 FY24) Consolidated Business Highlights: IoT-led and Map-led Segmental Revenue by Markets and Product Shareholding Pattern L Five Year Plan C.E. INFO SYSTEMS LIMITED www.mapmyindia.com, www.mappls.com
Slide 4: Management Commentary
Q1 FY24 Performance Management Commentary “We are delighted with our Q1FY24 results “… During Q1FY24, we outlined a 5-year vision of wherein MapmyIndia achieved all-time highs in a growth roadmap for the company, and are Revenue, EBITDA, and PAT. Revenue grew 37.5% putting in place the requisite fou
Slide 5: Management Commentary
Q1 FY24 Performance Management Commentary “… Our B2B and B2B2C product offerings across “Our strong Q1 YoY revenue growth was broad- maps, APIs, IoT, drones, N-CASE automotive based with A&M (Automotive & Mobility Tech) suite, enterprise digital transformation and up 24% and C&E (Consumer Tech & Ent
Slide 6: Consolidated Financial Highlights (Q1 FY24)
Q1 FY24 Performance Consolidated Financial Highlights (Q1 FY24) Q1FY24 hits all-time highs in Revenue, EBITDA and PAT; Strong Operating Revenue growth of 37.5% YoY to Rs 89.4 Cr; Strong EBITDA margins of 41.9% INR Crores, unless otherwise Q1FY24 Q1FY23 YoY Growth Q4FY23 QoQ Growth • The company achi
Slide 7: Consolidated P&L Highlights
Q1 FY24 Performance Consolidated P&L Highlights Revenue, Contribution Profit, EBITDA & PAT continuing to deliver healthy growth (All figures in INR Crores) Revenue from Operations Contribution Profit 37.5% 89.4 20.1% 64.8 65.0 53.9 Q1FY23 Q1FY24 Q1FY23 Q1FY24 EBITDA Profit After Tax 25.2% 32.2% 37.4
Slide 8: Consolidated Business Highlights: Map-led and IoT-led
Q1 FY24 Performance Consolidated Business Highlights: Map-led and IoT-led • Map led businesses continued to grow and Total Map-led IoT-led IoT-led maintained healthy EBITDA margins of 54.1%. INR Crores, unless otherwise Q1FY24 Q1FY24 Q1FY24 Q4FY23 mentioned • For IoT led business as SaaS revenue con
Slide 9: Market-wise Revenue – A&M
Q1 FY24 Performance Market-wise Revenue – A&M MARKET SEGMENT – A&M1 BUSINESS UPDATE (INR Crores) • A&M (Automotive & Mobility Tech) revenue continues to grow strongly at 24% YoY. Auto 34% OEM volume continued to grow faster than industry’s single digit volume growth. • Multiple new wins in Q1 FY24 a
Slide 10: Market-wise Revenue – C&E
Q1 FY24 Performance Market-wise Revenue – C&E MARKET SEGMENT – C&E1 BUSINESS UPDATE • Significant customer go-lives & wins for a variety of use cases across consumer tech & enterprise digital transformation segments, with (INR Crores) continued execution across the open order book leading to 51% YoY
Slide 11: Product-Wise Revenue – Map & Data and Platform & IoT
Q1 FY24 Performance Product-Wise Revenue – Map & Data and Platform & IoT PRODUCT SEGMENT (INR Crores) 281.5 200.4 45% 169.7 ~ 117.3 89.4 65.0 35% 51.1 34% 37.8 ~ 41% 83.1 ~ 111.8 27.2 ~ 38.4 Q1FY23 Q1FY24 FY22 FY23 ■ Map and Data ■ Platform and IoT • Both Map & Data, as well as Platform & IoT suite
Slide 12: Shareholding Pattern
Q1 FY24 Performance Shareholding Pattern Top Non-Promoter Shareholders % Holding 1% 11% 0% Phonepe Private Limited 19.0% 4% 7% Zenrin Co. Ltd 4.7% 53% Tata Mutual Fund – Tata Small Cap Fund 1.6% 24% Kuwait Investment Authority Fund F239 0.8% PGIM India Trustee Private Limited A/C - 0.7% PGIM India S
Slide 13: ESOP
Q1 FY24 Performance ESOP Shareholding Impact due to ESOPs post June 30th 2023 Shareholding As on June 30th 2023 As on August 4th 2023 Remarks # of Shares % holding # of Shares % holding Promoter Group 2,86,07,754 53.31 2,86,07,754 52.93 No change in no. of shares held by Promoter Group. Dilution to
Slide 14: Future Growth Roadmap from Investor & Analyst Day June 2023
FIVE YEAR PLAN Future Growth Roadmap from Investor & Analyst Day June 2023 Plan to cross Revenue Milestone of Rs 1000+ Cr by FY27/FY28, a CAGR of 35-40% FY27/FY28 Potential Addressable Expected Industry Weighted Average Ticket Industry Revenue Market Segments Market Adoption Size* Potential (Rs Cr)
Slide 15: About MapmyIndia
About MapmyIndia Company Overview r 7 Our Strengths Future Strategy L C.E. INFO SYSTEMS LIMITED www.mapmyindia.com, www.mappls.com
Slide 16: Company Overview
About MapmyIndia Company Overview • We are India’s leading provider of advanced digital maps, geospatial technologies serving software B2B & and location-based B2B2C IoT enterprise (_ _ _ _)OUR MARKET SEGMENTS customers. Serving two distinct market segments • As a data and technology products and pl
Slide 17: 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 Mappl
Slide 18: Our Journey So Far
About MapmyIndia Our Journey So Far 1995-00 2001-10 2011-16 2017-19 2020 2021-22 2022-23 ,.f i--, ~0 Company was ~ Launched India’s Launched IoT Started Building AI- Launched real- founded internet mapping (GPS-based telematics) powered 4D, HD, Digital Entered MoU1 with Launched Mappls time maps of
Slide 19: Our Strengths
About MapmyIndia Our Strengths ~ 01 • ~ 02 •m03 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 20: 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 PIONEERING DIGITAL MAPPING IN INDIA OUR COMPREHENSIVE SUIT OF OFFERINGS SINCE 1995 MAPPED Digital Map & Geospatial Map, Location & Data (Products) Navigation (Products & N-C
Slide 21: Ever expanding use cases
About MapmyIndia Ever expanding use cases; Innovating to address technology paradigm shifts AUTOMOTIVE ECOMMERCE • FOOD DELIVERY • TRANPORTATION & LOGISTICS • BFSI • In-built Navigation • Long haul first mile • Address intelligence • Fleet and asset • Geo-verification and devices • Last mile deliver
Slide 22: Independent, Global
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 Versioning & Docs Geo-analytics & AI Vision APIs Respons
Slide 23: Proprietary technology
About MapmyIndia Proprietary technology.. Photo-realistic and Data Acquisition and Panoramic Maps Processing HD maps providing photo-realistic Virtual Reality and Augmented Reality Live Traffic 4D, HD Maps Update with near real- time updates Interactive 2D, 3D, outdoor and indoor map rendering Advan
Slide 24: ..and Network effect create strong entry barriers
About MapmyIndia ..and Network effect create Strong entry barriers More Proprietary end-to-end OEMs Integration of our digital technology-driven and AI- Better content maps with our internet- assisted mapping systems & features More Customers connected platforms More More Customers Automotive Custom
Slide 25: Marquee customers
About MapmyIndia Marquee customers across sectors with capability to up-sell and cross-sell LEADING ENTERPRISES ARE POWERED ABOUT OUR CUSTOMERS BY MAPMYINDIA TECHNOLOGIES Target B2B and B2B2C 600+ customers on SaaS, PaaS enterprise customers and MaaS platforms1 ~ rL:.,:J Serviced 2,000+ enterprise L
Slide 26: Becoming a key B2C player
About MapmyIndia Becoming a key B2C player with differentiated maps, GPS-enabled IoT gadgets and a gamified application MAPPLS APP Built a Super App for Maps, Navigation, Safety and more • KOGO APP A Gamified Social Travel App for users and creators Junction View Road Safety Features Helps you navig
Slide 27: Founding team – Leadership Team
About MapmyIndia Founding team supported by an experienced professional management team 01 LEADERSHIP TEAM / 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 E
Slide 28: Founding team – Management Team
About MapmyIndia Founding team supported by an experienced professional management team 02 MANAGEMENT TEAM Sapna Ahuja Anuj Jain Ankeet Bhat CHIEF OPERATING OFFICER CHIEF FINANCIAL OFFICER CHIEF BUSINESS OFFICER, ENTERPRISE BUSINESS 17+ years with MapmyIndia 10+ years with MapmyIndia 11+ years with
Slide 29: 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
Slide 30: Industry Overview
Industry Overview Potentially Addressable Market r 7 Government Initiatives L C.E. INFO SYSTEMS LIMITED
Slide 31: Large potentially addressable market
Industry Overview Large potentially addressable market.. INDIAN MOBILITY NAVIGATIONS I N D I A N D I G I TA L M A P S E R V I C E S M A R K E T 1 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 Ma
Slide 32: With growth prospects aided by industry tailwinds
Industry Overview ..With growth prospects aided by industry tailwinds and growth drivers across market segments INDIAN AUTOMOTIVE MARKET1 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
Slide 33: Government Initiatives
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 al
Slide 34: Annual Highlights
Annual Highlights Consolidated Business Highlights: IoT-led and Map-led 7 Consolidated P&L Highlights Balance Sheet & Cash Flow Statement (Extract) Order Book Customers L Employees Inorganic Growth Key Investments in FY23 C.E. INFO SYSTEMS LIMITED
Slide 35: Consolidated Business Highlights: Map-led and IoT-led
Annual Highlights Consolidated Business Highlights: Map-led and IoT-led • Maintained a healthy EBITDA margin in its Map- FY23 FY23 FY23 led business of 52.6% while open order book of INR Crores, unless otherwise mentioned Total Map-led IoT-led ~700 Crs will continue to aid growth in the coming years
Slide 36: Consolidated P&L Highlights
Annual Highlights Consolidated P&L Highlights (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 FY2022 FY2023 FY2021 FY2021 FY2022 FY2022 FY2023 FY2023 ■ Contribution Profit % Contribution Margin ■ Reve
Slide 37: 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 genera
Slide 38: Order Book
Annual Highlights 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, as
Slide 39: Customers
Annual Highlights Customers CUSTOMERS CONTRIBUTING 80% OF REVENUE ' ~-------,( CUSTOMERS SERVICED 2250+ (#) B2B & B2B2C customers since inception, including marquee names across nearly every vertical – new-age tech companies, businesses across industry verticals, automotive OEMs & government organis
Slide 40: Employees
Annual Highlights Employees PERMANENT VS TEMPORARY MAP-LED VS IOT-LED BREAKUP BY FUNCTION 1,170* (#) 790 (#) (#) 690 1,170* 936* 342 936* 221 510 218 734 734 146 355 380 107 501 324 246 355 168 324 472 448 660 137 581 212 303 435 448 410 109 FY2022 FY2023 FY2022 FY2023 FY2021 FY2022 FY2023 FY2021 FY
Slide 41: Key Investments in FY2023
Annual Highlights Key Investments in FY2023 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 l
Slide 42: Annexures
MAP Annexures r 7 Glossary Disclaimer L C.E. INFO SYSTEMS LIMITED
Slide 43: 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 44: 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 45: 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; investor.relations@mapmyindia.com MAPP LS Diwakar Pingle/Sonia Keswani/ Shashank Ganesh Ernst & Young LLP Corporate…