Adding more to above notes:
Couple of data point which was missing in notes:
• Company would be disappointed if they do not have a orderbook of 1500-2000 cr odd in 2 years time (Current orderbook – 550 cr)
• Geospatial policy envisages that India would have Digital Twin mapping by 2035. Company has already been working on this. Company approached Survey of India to partner with them so that it would give lot of comfort at B2G level. Two fold benefit – 1) Leverage some of SoI infra 2) Work gives lot of comfort to some in Govt of India from Data Compliance etc
• Planning to launch one vertical every quarter – (Utility, location intelligence)
• Google map/Ola map reduced their prices drastically. This has minimal impact on the company
• 5000 urban bodies in the countries. Most of them lack proper map data. Ideally it is supposed to be job of SoI. Indian private sectors are trying to fill this role so it is a huge opportunity. Expecting multiple city projects in FY25/FY26 (in double digit but smaller bodies)
• BMC contract – material part of contract will be finished in current year.
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