C. E. Info Systems Limited (MAPMYINDIA.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+95.5%

₹1,661.15

vs ₹849.55 price

Levered DCF

₹615.43

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

B-

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	35.16×	63.02×	76.83×	49.64×	92.45×	122.46×	289.14×	218.44×
P/B	5.21×	11.73×	15.61×	9.82×	18.04×	20.49×	24.56×	25.7×
P/S	9.95×	20.03×	27.12×	18.92×	40.13×	48.07×	49.31×	54.18×
EV / EBITDA	20.98×	51.36×	52.69×	34.7×	62.86×	80.32×	166.56×	137.32×
Gross margin	68.1%	47.2%	50.1%	58.3%	60.7%	47.2%	50.8%	50.6%
Operating margin	30.6%	35.4%	38.3%	38.8%	51.3%	29.4%	19.5%	22.0%
Net margin	28.3%	31.8%	35.3%	38.1%	43.4%	39.2%	17.0%	24.8%
Current ratio	4.92×	4.13×	3.64×	3.89×	5.03×	5.28×	4.39×	5.28×
Debt / equity	0.01×	0.04×	0.04×	0.05×	0.04×	0.06×	0.08×	0.09×
Interest coverage	81.51×	51.72×	49.56×	39.14×	47.58×	17.76×	10.23×	11.3×
Dividend yield	0.4%	0.2%	0.2%	0.0%	0.1%	0.0%	0.2%	0.0%
Payout ratio	14.2%	12.9%	12.1%	0.0%	12.2%	0.0%	52.5%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	14.8%	18.6%	20.3%	19.8%	19.5%	16.7%	8.5%	11.8%
Return on invested capital	11.1%	14.1%	16.0%	14.6%	16.3%	8.8%	6.6%	7.7%
Return on assets	12.9%	15.6%	16.9%	16.0%	16.8%	14.0%	7.1%	9.9%
Free cash flow yield	1.1%	0.7%	0.5%	1.3%	0.3%	1.1%	0.3%	0.3%
Earnings yield	2.8%	1.6%	1.3%	2.0%	1.1%	0.8%	0.3%	0.5%
Enterprise value	₹46.4B	₹92.4B	₹102.4B	₹52.8B	₹80.2B	₹73.2B	₹73.4B	₹73.5B
Net debt / EBITDA	-0.35×	-0.21×	-0.25×	-0.31×	-0.17×	-0.15×	0.27×	0.32×
Cash conversion cycle (days)	42	110	95	116	137	96	99	83