46 slides from C.e. Info Systems's earnings presentation, Oct 27, 2022
Slide 1: Submission of Investor Presentation Q2 & H1 FY2023
Maps I APls I Navigation I Tracking I GIS October 27, 2022 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 00 I Mumbai 400 05 I BSE SCRIP Code: 5434
Slide 2: Investor Presentation Q2 & H1 FY2023
MAPP LS ~ MapmyIndia C.E. Info Systems Ltd Investor Presentation Q2 & H1 FY2023 C.E. INFO SYSTEMS LIMITED OCT 2022
Slide 3: Q2 & H1 FY23 Performance
MAP Q2 & H1 FY23 Performance Management Commentary r 7 Consolidated Financial Highlights Consolidated Financials with and without Gtropy Consolidated Revenue by Markets and Product Line Business Updates for Q2 FY23 L Investments in Q2 FY23, including Kogo Consolidated P&L Highlights Consolidated Fin
Slide 4: Management Commentary
Q2 & H1 FY23 Performance Management Commentary “In Q2 FY23, MapmyIndia delivered another strong “… First, in growing the scale of our recently performance, with quarterly revenue up 35% year- acquired IoT-led business, Gtropy, which is focused on on-year to an all-time high of Rs 76 Cr. H1 FY23 a ve
Slide 5: Management Commentary
Q2 & H1 FY23 Performance Management Commentary “Q2 FY23 was an exciting quarter for us, with lots of “…Our swadeshi Mappls app and platform is making action on all fronts and we’ve ended H1 FY23 on a further in-roads, with strong government strong note. Revenue growth for H1 FY23 vs H1 FY22 partners
Slide 6: Consolidated Financial Highlights (Q2 & H1 FY23)
Q2 & H1 FY23 Performance Consolidated Financial Highlights (Q2 & H1 FY23) Q2 YoY Revenue up 35% to Rs 76 Cr, EBITDA up 17% to Rs H1 YoY Revenue up 41% to Rs 141 Cr, EBITDA up 32% to 31 Cr, EBITDA Margin at 40%, PAT at Rs 25 Cr and PAT Rs 61 Cr, EBITDA Margin at 43%, PAT at Rs 50 Cr and Margin at 30%
Slide 7: Consolidated Financials with and without Gtropy
Consolidated Financials with and without Gtropy Consolidated Business, which now includes recently acquired IoT business, Gtropy, focused on balancing short- and long-term • EBITDA Margins for the core, existing goals for growth in revenue and earnings business i.e. Consolidated Business (without Gt
Slide 8: Consolidated Revenue by Markets and Product Line
Q2 & H1 FY23 Performance Consolidated Revenue by Markets and Product Line Broad-based revenue growth across all markets: 1) Automotive & Mobility Tech, and 2) Consumer Tech & Enterprise Digital Transformation, and across all product lines: 1) Map & Data, and 2) Platform & IoT All figures in INR Cror
Slide 9: Business Updates Q2 FY23
Q2 & H1 FY23 Performance Business Updates Q2 FY23 CUSTOMER WINS ACROSS ACROSS A&M AND C&E MARKETS • Auto OEMs (4W, 2W, EV) continue to increasingly adopt and go live with our NCASE suite for embedding into their vehicles, companion apps and clouds • New large 4-wheeler EV OEM signed up • Market-lead
Slide 10: Business Updates Q2 FY23
Q2 & H1 FY23 Performance Business Updates Q2 FY23 PARTNERSHIPS WITH GOVERNMENT • MapmyIndia Mappls app, Metaverse maps, Logistics tech & APIs integrated with Government of India’s ULIP (Unified Logistics Interface Platform) unveiled & showcased to Honourable PM Shri Narendra Modi Ji during the GoI N
Slide 11: Investments in Q2 FY23
Q2 & H1 FY23 Performance Investments in Q2 FY23 Date Name Overview Rationale Consideration To build travel & hyper-local A cutting‐edge start‐up aiming to discovery, commerce, social, Acquired 26.37% stake on fully become a significant travel & gamified platform integrated with diluted basis for Rs.
Slide 12: Strategic Investment in Kogo Tech Labs Private Limited
Q2 & H1 FY23 Performance Strategic Investment in Kogo Tech Labs Private Limited STRENGTHENS AUTO OEM OFFERING & OPENS TRAVEL COMMERCE MARKET • MapmyIndia Mappls offers global solutions including hyper‐local maps and rich & real‐time places data, automotive N‐CASE technologies (Navigation‐enabled Con
Slide 13: Consolidated P&L Highlights (Q2 & H1 FY23)
Q2 & H1 FY23 Performance Consolidated P&L Highlights (Q2 & H1 FY23) Revenue from operations Contribution Profit 41.3% 29.5% 112.0 141.3 86.5 34.6% 100.0 19.1% 76.3 58.1 48.8 56.7 Q2FY22 Q2FY23 H1FY22 H1FY23 Q2FY22 Q2FY23 H1FY22 H1FY23 EBITDA PAT 7.8% 31.5% 60.5 49.6 17.2% 46.0 46.0 30.6 0% 26.1 25.4
Slide 14: Consolidated Balance Sheet (Extract)
Q2 & H1 FY23 Performance Consolidated Balance Sheet (Extract) (INR Crores) (INR Crores) As at As at As at As at 30.09.2022 31.03.2022 30.09.2022 31.03.2022 I. ASSETS II. EQUITY (1) Non-current assets (a) Equity share capital 11 11 (a) Property, plant and equipment (b) Other equity 488 435 (i) Proper
Slide 15: Consolidated Profit & Loss Statement (Extract)
Q2 & H1 FY23 Performance Consolidated Profit & Loss Statement (Extract) (INR Crores) Quarter ended Half year ended Year ended 30.09.2022 30.06.2022 30.09.2021 30.09.2022 30.09.2021 31.03.2022 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) I Revenue Revenue from operations 76 6
Slide 16: Consolidated Cash Flow Statement (Extract)
Q2 & H1 FY23 Performance Consolidated Cash Flow Statement (Extract) (INR Crores) (INR Crores) Half Year Ended Half Year Ended Year Ended Half Year Ended Half Year Ended Year Ended 30.09.2022 30.09.2021 31.03.2022 30.09.2022 30.09.2021 31.03.2022 (Unaudited) (Unaudited) (Audited) (Unaudited) (Unaudit
Slide 17: About MapmyIndia
About MapmyIndia Company Overview r 7 Our Strengths Future Strategy Shareholding Pattern L C.E. INFO SYSTEMS LIMITED www.mapmyindia.com, www.mappls.com
Slide 18: 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 19: 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 20: Our Journey So Far
About MapmyIndia Our Journey So Far 1995-00 2001-10 2011-16 2017-19 2020 2021-22 ,.f r--, ~0 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 te
Slide 21: 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 22: B2B and B2B2C market leader
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 23: Ever expanding use cases; innovating to address technology paradigm shifts
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 24: 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 Versioning & Docs Geo-analytics & AI Vision APIs Respons
Slide 25: 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 26: ..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 27: 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 I enterprise customers and MaaS platforms1 I ~ I rL:.,:J Serviced 2,000+ enterp
Slide 28: Founding 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 29: Founding 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 STRATEGY OFFICER 17+ years with MapmyIndia 10+ years with MapmyIndia 11+ years with MapmyIndia BSc, Compu
Slide 30: 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 31: Shareholding Pattern
About MapmyIndia Shareholding Pattern Top Non-Promoter Shareholders % Holding 2% 3% 6% Phonepe Private Limited 19.0% 10% Zenrin Co. Ltd 6.2% Fidelity Investment Trust - Fidelity Series 1.5% Emerging Markets Opportunities Fund 53% 26% Kuwait Investment Authority Fund F239 0.8% Aberdeen Standard Asia
Slide 32: Industry Overview
Industry Overview Potentially Addressable Market r 7 Government Initiatives L C.E. INFO SYSTEMS LIMITED
Slide 33: 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 34: ..With growth prospects
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 35: 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 36: Annual Highlights
Annual Highlights Order Book 7 Customers Employees Inorganic Growth P&L Highlights L Balance Sheet & Cash Flow Statement (Extract) C.E. INFO SYSTEMS LIMITED
Slide 37: Order Book
Annual Highlights Order Book ANNUAL NEW ORDERS - BREAKUP PERFORMANCE UPDATE (INR Crores) • Annual New Order Bookings continued to gain momentum 523.6 with growth in orders across both A&M and C&E market segments, due to continued adoption & expansion of use cases, 468.2 as well as up-selling and cro
Slide 38: Customers
Annual Highlights Customers CUSTOMERS CONTRIBUTING 80% OF REVENUE ' ~----------4( CUSTOMERS SERVICED (#) 2000+ Enterprise customers since inception, including marquee names across nearly every vertical 35 17 22 25 600+ Customers on MaaS, SaaS & PaaS platform in FY22, growing by more than 100, from 5
Slide 39: Employees
Annual Highlights Employees PERMANENT VS TEMPORARY BREAKUP BY FUNCTION 901 (#) (#) 812* 114 734 109 302 117 513 324 297 513 324 510 388 410 406 274 303 FY2020 FY2021 FY2022 FY2020 FY2021 FY2022 ■ Permanent ■ Non-permanent ■ Technical (permanent) ■ Technical (non-permament) ■ SG& A • * In addition to
Slide 40: Inorganic Acquisitions in FY22
Annual Highlights Inorganic Acquisitions in FY22 Date Name Overview Rationale Consideration A Company dedicated to the field of GPS based vehicle tracking solutions and its exhaustive data This will allow us to augment our Acquired 75.98% stake for analytics. It serves varied industries like March G
Slide 41: P&L Highlights
Annual Highlights P&L Highlights (INR Crores) (INR Crores) 31.44% 170.0 200.4 85% 122.4 125.8 148.6 152.5 9.89% 83% 82% 2.58% FY2020 FY2021 FY2022 FY2020 FY2021 FY2022 FY2020 FY2021 FY2022 YoY growth ■ Contribution Profit % Contribution Margin ■ Revenue from Operations (INR Crores) (INR Crores) 36%
Slide 42: Balance Sheet & Cash Flow Statement (Extract)
Annual Highlights Balance Sheet & Cash Flow Statement (Extract) (INR Crores) (INR Crores) Consolidated FY2019 FY2020 FY2021 FY2022 Consolidated FY2019 FY2020 FY2021 FY2022 Profit before tax 41.8 31.6 78.9 117.3 Property, plant & equipment 5.8 8.2 6.4 6.8 Adjustment for non-cash items and others 1.6
Slide 43: Annexures
MAP Annexures r 7 Glossary 36 Disclaimer 37 L C.E. INFO SYSTEMS LIMITED
Slide 44: 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 45: 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 46: Thank You
Thank You MAPP LS For further details please contact: Saurabh Surendra Somani Corporate Office Company Secretary & Compliance First, Second, & Third Floor, Officer, C.E. Info systems Limited Plot. No. 237, Okhla Industrial Estate, Phase- 📞: +91 11 4600 9900 III, New Delhi 110 020, India 📧…