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MAPMYINDIA - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.8

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 3.8

Stock Code MAPMYINDIA Market Cap 4,815 Cr. Current Price 881 ₹ High / Low 2,167 ₹
Stock P/E 34.4 Book Value 157 ₹ Dividend Yield 0.40 % ROCE 27.6 %
ROE 19.8 % Face Value 2.00 ₹ DMA 50 1,194 ₹ DMA 200 1,531 ₹
Chg in FII Hold -0.73 % Chg in DII Hold 0.88 % PAT Qtr 22.5 Cr. PAT Prev Qtr 18.5 Cr.
RSI 16.6 MACD -96.6 Volume 7,04,701 Avg Vol 1Wk 3,15,878
Low price 865 ₹ High price 2,167 ₹ PEG Ratio 1.13 Debt to equity 0.01
52w Index 1.22 % Qtr Profit Var -31.0 % EPS 25.7 ₹ Industry PE 36.5

📊 Financials

  • Revenue Growth: PAT improved from 18.5 Cr. to 22.5 Cr., but quarterly profit variation (-31%) shows volatility
  • Profit Margins: EPS at 25.7 ₹, moderate relative to valuation
  • Debt Ratios: Debt-to-Equity 0.01, virtually debt-free
  • Cash Flows: Supported by technology services, but growth uneven
  • Return Metrics: ROE 19.8%, ROCE 27.6% — strong efficiency

💹 Valuation

  • P/E Ratio: 34.4 (reasonable vs Industry PE 36.5)
  • P/B Ratio: ~5.6 (moderate, reflects growth expectations)
  • PEG Ratio: 1.13 (fair, balanced valuation relative to growth)
  • Intrinsic Value: Current price (881 ₹) well below DMA 50 (1,194 ₹) & DMA 200 (1,531 ₹), showing technical weakness

🏢 Business Model & Competitive Advantage

  • Specialized in digital mapping, navigation, and geospatial solutions
  • Competitive advantage in proprietary mapping technology and partnerships
  • Strong efficiency ratios, but profitability volatility limits stability

📈 Entry Zone Recommendation

  • Entry Zone: 860–900 ₹ (near support levels, RSI at 16.6 indicates oversold)
  • Long-Term Holding: Attractive for investors seeking exposure to geospatial tech, but caution due to earnings volatility

✅ Positive

  • Strong ROCE (27.6%) and ROE (19.8%)
  • Debt-free balance sheet (Debt-to-Equity 0.01)
  • DII holding increased (+0.88%)
  • Valuation fair compared to industry

⚠️ Limitation

  • Quarterly profit variation (-31%) shows volatility
  • Stock trading far below DMA 50 & 200, showing weakness
  • RSI at 16.6 indicates oversold but also weak momentum

📉 Company Negative News

  • FII holding decreased (-0.73%)
  • Technical weakness with MACD negative (-96.6)

📈 Company Positive News

  • DII holding increased (+0.88%)
  • Quarterly PAT improved sequentially

🏭 Industry

  • Geospatial and digital mapping industry growing with demand for navigation and smart city solutions
  • Industry PE at 36.5, MapMyIndia trades slightly below industry average

🔎 Conclusion

MapMyIndia is a niche technology company with strong efficiency ratios and a debt-free balance sheet. While valuations are fair compared to industry peers, profitability remains volatile and technical indicators show weakness. Entry around 860–900 ₹ may be favorable for long-term investors betting on geospatial growth, but caution is advised due to earnings instability and weak momentum.

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