43 slides from C.e. Info Systems's earnings presentation, Jan 31, 2023
Slide 1: Exchange submission cover letter
Maps I APls I Navigation I Tracking I GIS January 31 , 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, Sandra (East) Mumbai 400 001 Mumbai 400 051 BSE SCRlP Code: 54342
Slide 2: Investor Presentation Q3 & 9M FY2023
MAPP LS @ Investor Presentation Q3 & 9M FY2023 - JAN 2023
Slide 3: Q3 & 9M FY23 Performance
MAP S r~ p, /11 A;~ Q3 & 9M FY23 Performance Management Commentary 7 Consolidated Financial Highlights (Q3 & 9M FY23) Consolidated Business: IoT-led and Map-Led Consolidated Revenue by Markets and Product Line Consolidated P&L Highlights L Consolidated Financial Statements (extract) C.E. INFO SYSTEM
Slide 4: Management Commentary
Q3 & 9M FY23 Performance Management Commentary “In Q3 FY23, MapmyIndia delivered another strong “In Q3 FY 23, revenue growth continues to be broad-based performance, with quarterly revenue up 56% year-on-year with A&M (Automotive & Mobility Tech) up 45% YoY and to Rs 68 Cr, EBITDA up 67% to Rs 28 Cr
Slide 5: Consolidated Financial Highlights (Q3 FY23)
Q3 & 9M FY23 Performance Consolidated Financial Highlights (Q3 FY23) Q3 YoY Revenue up 56% to Rs 68 Cr, EBITDA up 67% to Rs 28 Cr, EBITDA Margin at 41.%, PAT up 61% to Rs 30 Cr and PAT Margin at 38% (INR Crores, unless otherwise mentioned) Q3 Q3 Q3 YoY Q2 Q3 QoQ Focus of management in Q3 has been FY
Slide 6: Consolidated Financial Highlights (9M FY23)
Q3 & 9M FY23 Performance Consolidated Financial Highlights (9M FY23) YTD YoY is the right metric to look at company’s performance trend. 9M YoY Revenue up 46% to Rs 209 Cr, EBITDA up 41% to Rs 88 Cr, PAT up 22% to Rs 79 Cr. EBITDA Margin at 42.3%, PAT Margin at 33.9%. (INR Crores, unless otherwise m
Slide 7: Consolidated Business: IoT-led & Map-led business
Q3 & 9M FY23 Performance Consolidated Business: IoT-led & Map-led business INR Crores, unless otherwise mentioned 9M FY23 9M FY23 9M FY23 The company has been engaged in IoT-led products & business for over 5 years, and acquired 76% of Gtropy to scale this up IoT-led Map-led Total faster, as there i
Slide 8: Market-wise Revenue – Automotive & Mobility Tech (A&M)
Q3 & 9M FY23 Performance Market-wise Revenue – Automotive & Mobility Tech h ((A&M)) MARKET SEGMENT – A&M1 BUSINESS UPDATE (INR Crores) Auto NCASE sales for the Company have outperformed the automotive OEM industry volume growth i.e. increased attach rate to more number of vehicles for our NCASE solu
Slide 9: Market-wise Revenue: Consumer Tech & Enterprise Digital Transformation (C&E)
Q3 & 9M FY23 Performance Market-wise Revenue: Consumer Tech & Enterprise Digital Transformation (C&E) MARKET SEGMENT – C&E1 BUSINESS UPDATE (INR Crores) Multi-year extension of contract with Big Tech company Large Marketing/Ad Agency customer upsold on Micro-Geo- demographic Analytics Data Set 2 Lar
Slide 10: Product Line-wise Revenue: Map & Data and Platform & IoT
Q3 & 9M FY23 Performance Product Line-wise Revenue: Map & Data and Platform f & IoT PRODUCT SEGMENT BUSINESS UPDATE (INR Crores) Broad based growth across both Map & Data and Platform & IoT product lines Continued innovation to release newer products and newer features ■ Map & Data ■ Platform & IoT
Slide 11: Consolidated P&L Highlights (Q3 & 9M FY23)
Q3 & 9M FY23 Performance Consolidated P&L Highlights (Q3 & 9M FY23) All Financial Metrics Grew Strongly: Revenue, Contribution Profit, EBITDA & PAT (All figures in INR Crores) Revenues from operations Contribution profit 46% 209.0 34% 164.4 143.4 122.7 56% 46% 67.7 54.1 43.4 37.0 Q3FY22 Q3FY23 9MFY2
Slide 12: Consolidated Profit & Loss Statement (Extract)
Q3 & 9M FY23 Performance Consolidated Profit & Loss Statement (Extract) (INR Crores) Quarter ended Nine month ended Year ended 31.12.2022 30.09.2022 31.12.2021 31.12.2022 31.12.2021 31.03.2022 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) I Revenue Revenue from operations 68
Slide 13: 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 14: 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 15: 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 16: 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 17: Our Strengths
About MapmyIndia Our Strengths B2B and B2B2C market 01 Ever expanding use 02 Large addressable •m03 04 Government Initiatives: Independent, global 05 leader for maps and cases; Innovating to market in India with Macro-Economic geospatial products geospatial products in address technology industry ta
Slide 18: B2B and B2B2C market leader for maps and geospatial products in India
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 19: Ever expanding use cases; Innovating to address technology paradigm shifts
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 20: 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 21: 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 22: ..and Network effect create 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 23: 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 24: Founding team supported by an experienced professional management team
About MapmyIndia Founding team supported by an experienced professional management team 01 ' ·.-~.---p ;..~\ . . ,, t , ,. !ir!i ¼' ~.' '( .r.:f:. 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
Slide 25: Founding team (management)
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 26: 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 27: Becoming a key B2C player
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 A Gamified Social Travel App for users and creators Junction View Road Safety Features Helps you navigate See reported hyper
Slide 28: Shareholding Pattern
About MapmyIndia Shareholding Pattern Top Non-Promoter Shareholders % Holding Phonepe Private Limited 19% #"& Zenrin Co. Ltd 6.15% !"& Fidelity Investment Trust - Fidelity Series 1.61% Emerging Markets Opportunities Fund !!& Kuwait Investment Authority Fund F239 0.75% !& & ##& & Aberdeen Standard As
Slide 29: Industry Overview
Industry Overview Potentially Addressable Market 7 Government Initiatives L C.E. INFO SYSTEMS LIMITED
Slide 30: 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 31: ..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 32: 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 33: 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 34: 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 cross
Slide 35: Customers
Annual Highlights Customers CUSTOMERS CONTRIBUTING 80% OF REVENUE )1------------------1( 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 tha
Slide 36: 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 t
Slide 37: 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 38: 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 FY2020 ■ Revenue from Operations FY2021 FY2021 - FY2022 FY2022 YoY growth (INR Crores) FY2020 ■ Contribution Profit FY2021 - FY2022 % Contribution Margin (INR Crores)
Slide 39: 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 40: Annexures
MAP S r~ p, /11 A;~ Annexures 7 Glossary 36 Disclaimer 37 L C.E. INFO SYSTEMS LIMITED
Slide 41: 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 42: 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 43: 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 📧…