Synopsis:
Ceinsys Tech jumped sharply after securing a ₹15.95 crore Letter of Award from MMRDA for upgrading and procuring ESRI ArcGIS Software Products Enterprise Agreement. The contract will be for four years and will include the delivery of the license as well as O&M support for 16 quarters post-license activation.
The shares of this leading provider of Enterprise Geospatial & Engineering Services, and the sale of software and electricity, are in focus after securing a key contract. In this article, we will dive more into the order highlights.
With a market capitalization of Rs 2,761 crore, the shares of Ceinsys Tech Ltd made a day’s high of Rs 1619.90 per share, up 1 percent from its previous day closing price of Rs 1604.60 per share. Over the past five years, the stock has delivered a multibagger return of 1,371 percent, outperforming NIFTY 50’s return of 127 percent.
About the Order
The Mumbai Metropolitan Region Development Authority (MMRDA) has awarded Ceinsys Tech Limited a Letter of Award (LoA) for the upgradation and procurement of ESRI ArcGIS Software Products under an Enterprise Agreement.
ArcGIS is a leading geospatial platform that helps organizations create, manage, analyze, and share geographic data. By putting data in a geographic context it enables better understanding and smarter decision-making.
The contract, worth Rs 15.95 crore (excluding GST), will be for four years and will include the delivery of the license as well as operation and maintenance support for 16 quarters post-license activation.
This new deal continues to showcase Ceinsys Tech’s stronghold in geospatial and enterprise software solutions, thereby empowering its competencies in executing extensive technology projects for various government clients.
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Financial Highlights
The company’s revenue for Q1 FY26 came in at Rs 157 crore, up by 112 percent from Rs 74 crore in the same quarter last year. Additionally, on a sequential basis, revenue grew by 11 percent from Rs 142 crore in Q4 FY25.
Coming to its profitability, the company reported a net profit growth of 167 percent to Rs 32 crore in Q1 FY26 as compared to Rs 12 crore in Q1 FY25. Additionally, on a QoQ basis, it recorded a growth of 45 percent from just Rs 22 crore.
The company has delivered a ROE and ROCE of 19.58 percent and 26.15 percent respectively, and is currently trading at a high P/E of 33.28x as compared to its industry average of 29.96x.
Ceinsys Tech Limited is a geospatial and engineering services technical solutions provider in India and abroad. It offers solutions in digital twin technologies, GIS, BIM, IoT, infrastructure, smart water management, and project design.
It also offers services to water, energy, transport, telecom, oil & gas, and natural resources markets. It supports industries with mobility engineering, smart city projects, HD mapping, asset management, and software tools.
Written by Satyajeet Mukherjee
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