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MapmyIndia: Should you ignore the rich valuation?

Nitin Sharma   •

The MapmyIndia management has an ambitious revenue milestone of Rs 1,000 crore by FY27/FY28, requiring a 38 percent/27 percent CAGR

The total order book at the end of FY24 stood at Rs 1,372 crore, inclusive of a map-led 5-year order from Hyundai and Kia for Rs 400 crore.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More