MapMyIndia - Marquee Client Base; Asset Light Model, New Orders To Command Premium Valuations: HDFC Securities

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .HDFC Securities Retail Research.C.E. Info Systems Ltd. (MapMyIndia), being a pioneer, has certain advantages as its digital maps and other solutions are localised for the challenging Indian Geography and are extensive in terms of coverage. There is scope of further up selling or cross selling while the maps and platform are constantly updated with validated feedbacks which can create network effect. The company’s strong financials are based on a sound business model. MapMyindia charges its customers, fees per period based on per vehicle, per asset, per transaction, per use case, and user. These include subscription fees, royalties, and annuities to provide licenses and usage rights to its proprietary digital metal-as-a-service, platform-as-a-service, and software-as-a-system offerings. Since most of the company’s products, platforms, and solutions are digital, created in-house, and then deployed and delivered over the cloud, MapmyIndia as a business is asset-light, with a relatively low variable cost base. The opportunity for the company continues to expand, as more customers across more industry verticals, become increasingly aware of more use cases and benefits of company’s mapping products, leading to increased adoption and growth..Click on the attachment to read the full report:.MapMyIndia - Growth Story Unscathed: Anand Rathi.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

MapMyIndia - Marquee Client Base; Asset Light Model, New Orders To Command Premium Valuations: HDFC Securities

The company’s strong financials are based on a sound business model.

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MapMyIndia - Marquee Client Base; Asset Light Model, New Orders To Command Premium Valuations: HDFC Securities

The company’s strong financials are based on a sound business model.

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