The shares of the advanced mapping solution provider gained up to 8 percent after the company’s net profit and revenue magnified by 120 percent QoQ to 115 percent YoY in Q2FY25, respectively.
With a market capitalization of Rs 2,975.45 crore, the shares of Genesys International Corporation Ltd were trading at Rs 749.60 per share, increasing around 4.34 percent as compared to the previous closing price of Rs 718.40 apiece.
Reason for Rise:-
The shares of the company have seen positive movement after Genesys International Corporation Ltd has announced its financial performance, revenue jumped by 119 percent on year on year basis from Rs 33 crore in Q2FY24 to Rs 72 crore in Q2FY25, however, in Quarter a Quarter basis revenue zoomed by 29 percent from Rs 56 crore in Q1FY25 to Rs 72 crore Q2Y25.
Moreover, net profit is magnified by 467 percent on a yearly basis from a Rs 3 crore loss in Q2FY24 to Rs 11 crore profit in Q2FY25, meanwhile on a quarter-on-quarter basis net profit also jumped multifold times by 120 percent from Rs 5 crore in Q1FY25 to Rs 11 crore in Q2FY25.
Remarkable return:-
The shares have given a return of 22.97 percent in one year and a multi-bagger return of 140.16 percent in years. If an individual invested Rs 1 lakh a year ago, it would now be worth Rs 2.40 lakh.
Strategic Initiatives:-
The company plans to launch two new verticals in location intelligence within the next two quarters, enhancing its product portfolio and market reach. Additionally, Genesys aims to increase its focus on the automotive segment, which is expected to drive further revenue growth.
Operational Improvement:-
The company’s EBITA margin improved significantly to 40.8 percent in Q2FY25 from 23.2 percent in the previous year, reflecting enhanced operational efficiency and profitability. The company’s focus on improving cash flow and reducing collection periods is expected to support this trend.
Future Outlook:-
Demand for geospatial services is expected to boost performance in FY25, notably in infrastructure and urban planning, aided by advances in 2D and 3D mapping technology. Additionally, Genesys intends to shift to a subscription-based business model, which will improve cash flow stability and financial health in the long run.
Company profile:-
Genesys International Corporation Limited iis engaged in providing geographical information services comprising of photogrammetry, remote sensing, cartography, data conversion, three-dimensional (3D) geo-content including location navigation mapping, and other computer-based related services.
Written by:- Abhishek Singh
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