C.E. Info Systems Limited — PPTs, 12-11-2024: Investor Presentation

MapmyIndia has received board approval to establish a joint venture, PT Terra Link Technologies, with Hyundai AutoEver Corporation in Indonesia, targeting map-based solutions for automotive OEMs and other businesses in Southeast Asia. The company will hold a 40% stake in the joint venture for IDR 65,708 million, with the expectation of multimillion USD revenue over the next five years, starting from FY26.

For Q2 FY25, revenue from operations rose to ₹104 crore, marking a 14% YoY increase, while H1 FY25 revenue reached ₹205 crore, compared to ₹181 crore in H1 FY24, showing a 13.7% growth. However, EBITDA for H1 FY25 was ₹80 crore, slightly up from ₹78 crore in H1 FY24, reflecting a decline in margin from 43.2% to 39.1% primarily due to increased investments in consumer business.

The company is strategically positioned for growth, targeting a significant expansion in both domestic and international markets, and aims to reach revenue milestones of ₹1,000 crore by FY27/FY28 through a robust CAGR of 35-40%. Investors should monitor this progressive trajectory, which appears to offer a positive outlook moving forward.