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The shares of this small-cap gained up to 4 percent after the company announced the launch of India’s first AI-powered navigation map for the automotive and mobility markets. 

Price Movement

With a market capitalization of Rs 2,428.54 crore, the shares of Genesys International Corporation Ltd were trading in green at Rs 613.70 per share, increasing around 0.20 percent as compared to the previous closing price of Rs 612.45 apiece. 

Event Overview:- 

The shares of the company have seen positive changes after Genesys International Corporation Ltd announced the launch of India’s first AI-powered navigation map especially designed for the automotive and mobility market.

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This innovative solution represents a significant milestone in the Indian automobile industry, marking a new era of personalization and location intelligence in driving experiences. 

The Essence of Matter:- 

The company’s recently released map shows India’s longest navigable road network, stretching 8.3 million kilometers and including more than 30 million points of interest (POIs). This extensive coverage ensures that drivers have access to precise and reliable navigation, thereby improving their overall driving experience. 

Prominent Holder:- 

Ace investor Ashish Kacholia holds 5,18,734 shares, i.e. equivalent to 1.31 percent of the company as of March 2024. 

Financial:- 

Looking into the company’s financial performance, revenue magnified by 51 percent from Rs 47 crore in Q4FY23 to Rs 71 crore in Q4FY24 but during the period of time, net profit magnified significantly by 650 percent from Rs 2 crore to Rs 15 crore. 

Comparative Analysis:- 

Examining the company’s crucial ratio, return on equity declined from 4.70 percent in FY22-23 to 4.51 percent in FY23-24, while during the same time frame return on capital employed also inclined from 6.33 percent to 7.81 percent. In contrast, the net profit margin (NPM) stands at 10.90 percent in fiscal year 23-24. 

About Company:- 

Genesys International Corporation Ltd offers Geographical Information Services, including photogrammetry, remote sensing, cartography, data conversion, terrestrial and 3D geo-content, position navigation mapping, and other computer-related services.

Written by:- Abhishek Singh 

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