Ceinsys Tech Ltd
BSE:538734
Ceinsys Tech Ltd
Ceinsys Tech Ltd. operates as an information technology enabled service company, which provides geographic information systems and engineering services. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2014-10-22. The firm operates through three segments: Enterprise Geospatial & Engineering Services, Software Products and Power Generation. The Enterprise Geospatial & Engineering Services segment includes geospatial solution for cadastral mapping, resource survey, mapping and analysis, mining applications and heritage mapping. Its engineering consultancy services includes hydraulic modelling, water metering solutions, municipal solutions, consultancy services for the detailed project reports (DPR) preparations for water supply scheme, road and highways using lidar technology. Its water solutions include non-revenue water (NRW), urban / rural water supply and sewerage schemes, irrigations scada, smart water solutions and metering infrastructure, project management consultancy and third-party inspection.
Ceinsys Tech Ltd. operates as an information technology enabled service company, which provides geographic information systems and engineering services. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2014-10-22. The firm operates through three segments: Enterprise Geospatial & Engineering Services, Software Products and Power Generation. The Enterprise Geospatial & Engineering Services segment includes geospatial solution for cadastral mapping, resource survey, mapping and analysis, mining applications and heritage mapping. Its engineering consultancy services includes hydraulic modelling, water metering solutions, municipal solutions, consultancy services for the detailed project reports (DPR) preparations for water supply scheme, road and highways using lidar technology. Its water solutions include non-revenue water (NRW), urban / rural water supply and sewerage schemes, irrigations scada, smart water solutions and metering infrastructure, project management consultancy and third-party inspection.
Revenue Growth: Ceinsys Tech delivered strong Q3 results, with operational revenue rising by 52% year-on-year to INR 170 crores and 9-month revenue up 78% to INR 490 crores.
Profitability: Net profit climbed 119% YoY in Q3 to INR 39 crores, and 133% YoY for 9 months to INR 96 crores, with PAT margins improving to 22.9% for the quarter.
Margin Expansion: EBITDA margin expanded to 23.48% in Q3, up 452 basis points YoY; 9-month margin was 21.59%, up 302 bps YoY.
Order Book: Closing order book stood at INR 999 crores at December-end, with management expecting to close the year at INR 900 crores despite delays due to government election-related slowdowns.
Strong Collections: Q3 collections matched revenue at INR 170 crores, and efforts continue to further lower the working capital cycle from 160–162 days.
Growth Outlook: Management expects to maintain quarter-on-quarter revenue growth, supported by a robust pipeline, with major bids anticipated to close in Q4 or early next year.
Strategic Updates: Ongoing U.S. business investments, new partnerships with Tech Mahindra and Aetosky, and focus on AI/ML product development underline a commitment to innovation and international expansion.
