Ceinsys Tech-Engineering, Geospatial & IT solutions Company

[Prdnt_investor]

@phreakv6

Ceinsys result is discussed here . Since then the concall as well happened and most of these assumptions were confirmed by the management. I made some mistakes in my split calculation though my general assumption on how to look at the numbers were right. The wainganga-nalganga river linking and IDDP for MMRDA summing up to 500 Cr must still be in the works as they are not yet disclosed. Orderbook should be strong around 1700 Cr once these are confirmed.

I was also quite surprised by the way market reacted post Mumbai elections. It clearly was a large hurdle going by market reaction. Now that its out of the way, we can focus on the fundamentals. The company announced a 330 Cr order from JJM MH extending last year’s order of 248 Cr. It looks like there might be lot more to come here just in MH. Going by the TPI (third-party inspection) work they are doing for JJM in UP in Lucknow, Chitrakoot and Devi Patan, I wouldn’t be surprised if they land some IoT work there also in JJM.

Recently noticed that Ceinsys is a corp partner for the recently launched Operation Dronagiri .

Also noticed how much importance Bentley systems who Ceinsys partners with for geospatial software and licenses is giving India

Ceinsys updates from the other thread.