C.E. Info Systems Limited (MAPMYINDIA)
₹904.70 -1.63% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, C.E. Info's revenue was ₹140 Cr (+14.9% year on year, -3.6% on the previous quarter), and net profit ₹50.4 Cr (+10.0% year on year); the operating margin was 40.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹140 | +14.9% | -3.6% |
| Operating profit | ₹56.1 | +0.4% | -12.3% |
| Net profit | ₹50.4 | +10.0% | -1.2% |
| EPS (₹) | 9.09 | +7.2% | -1.9% |
| Operating margin | 40.2% | — | — |
MAPMYINDIA delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 60.72% of the MAPMYINDIA shares traded on NSE were taken to delivery, against the stock's own 20-session average of 41.96%. The price fell 1.63% on that unusually high delivery, the pattern the delivery dashboard labels distribution.
Delivery in the last 5 sessions: 47.0% · 39.4% · 28.9% · 50.3% · 60.7%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
C.E. Info Systems (MapmyIndia) has signed an MoU with Mumbai Metro Rail Corporation Limited (MMRCL) to integrate Mumbai Metro Line 3 (Aqua Line) data into its Mappls app. The integration brings real-time metro information—including station locations, fares, routes, and train frequencies—to over 45 million Mappls users. No financial contract value was disclosed for this partnership. While the collaboration enhances consumer utility, its direct financial contribution to MapmyIndia's TTM revenue of ₹492 crore remains unquantified.
- MoU signed between MMRCL and MapmyIndia on October 14, 2026
- Integrates Mumbai Metro Line 3 (Aqua Line) route, frequency, and fare data
- Reaches over 45 million existing Mappls App users
- Commercial value or revenue share terms were not disclosed
C.E. Info Systems (MapmyIndia) announced a strategic collaboration with MathWorks to integrate its high-definition (HD) maps into MATLAB, Simulink, and RoadRunner workflows. This technical integration enables automotive engineers to create digital twins of Indian road conditions and simulate ADAS systems virtually. No financial terms or expected contract revenues were disclosed in the filing. While commercially unquantified against MapmyIndia's TTM revenue of ₹492 crore, it strengthens the company's competitive positioning in the automotive OEM software development pipeline.
- Collaborates with MathWorks (which employs 6,500+ people globally across 34 offices) to integrate HD maps into MATLAB and Simulink
- Enables automotive engineers to simulate India-specific road attributes such as speed breakers, potholes, and lane markings
- No commercial deal size or revenue arrangement disclosed in the press release
- MapmyIndia's broader ecosystem supports over 2,000 B2B and B2B2C customers across 200 countries
C.E. Info Systems Limited (MapmyIndia) responded to an NSE surveillance inquiry dated 22.09.2026 regarding a significant increase in trading volume. The company confirmed compliance with Regulation 30 of the SEBI Listing Regulations, stating that no undisclosed price-sensitive information exists. Management clarified that the volume surge is purely driven by market forces and outside the company's control.
- Response submitted to NSE letter reference NSE/CM/Surveillance/17583 dated 22.09.2026
- Company confirms full compliance with Regulation 30 of SEBI Listing Regulations
- Clarified that volume increase is purely driven by market forces without any pending disclosures
C.E. Info Systems Limited (MapmyIndia) has informed the exchanges regarding a scheduled investor interaction. The company will participate in-person at the Anand Rathi G-200 Summit on Tuesday, September 22, 2026. This is a routine schedule intimation under Regulation 30 of the SEBI Listing Regulations.
- Scheduled meeting date is Tuesday, September 22, 2026
- Participation at the Anand Rathi G-200 Summit
- Meeting to be conducted in in-person mode
- Filing submitted under Regulation 30 of SEBI Listing Regulations
C.E. Info Systems (MapmyIndia) has partnered with AI analytics firm ClarityX to launch 'Geo-FI', a geo-intelligence stack tailored for BFSI lending lifecycle management. The platform embeds spatial data into loan sourcing, address verification underwriting, and geo-tagged recovery collections via APIs and SDKs. Commercial terms, revenue share, and contract values were not disclosed in the announcement. The product will be showcased at the Global Fintech Fest on September 9-11, 2026.
- Partnered with ClarityX to launch Geo-FI, India's first comprehensive geo-intelligence stack for BFSI lending.
- Platform offers three primary modules: Geo-Analyse (market expansion), Geo-Check (underwriting verification), and Geo-Collect (route and delinquency optimization).
- Integrates via APIs, spatial visualization tools, and SDKs with LOS, LMS, CRM, and collections platforms across cloud, hybrid, or on-premise deployments.
- Platform will be showcased at the Global Fintech Fest from September 9-11, 2026, at Jio Convention Centre, Mumbai.
C.E. Info Systems (MapmyIndia) conducted its 31st Annual General Meeting on August 11, 2026, with 184 members in attendance. The meeting covered five key resolutions, including the adoption of FY26 financial statements (Revenue: ₹474.06 Cr, PAT: ₹134.09 Cr) and the declaration of a dividend. Investors should note the approval of material related party transactions with its subsidiary, Gtropy Systems Private Limited, and the formal appointment of Rohan Verma as Joint Managing Director. The company maintains a strong operating margin of 36.86% despite a 43.3% share price decline over the last 12 months.
- 31st Annual General Meeting held on August 11, 2026, via Video Conferencing with 184 members present.
- Shareholders voted on the adoption of FY26 Audited Standalone and Consolidated Financial Statements.
- Approval sought for material related party transactions with Gtropy Systems Private Limited, a material subsidiary.
- Resolution proposed for the appointment of Rohan Verma as Joint Managing Director.
- Remote e-voting was conducted from August 8 to August 10, 2026, prior to the meeting.
C.E. Info Systems (MapmyIndia) conducted its 31st Annual General Meeting on August 11, 2026, with 184 members in attendance. The meeting covered the adoption of FY26 audited financials, which reported a TTM revenue of ‡474 Cr and a PAT of ‡134 Cr. Key resolutions included the declaration of a dividend and approval for material related party transactions with its subsidiary, Gtropy Systems Private Limited. Management reiterated its strategic goal of reaching ‡1,000 Cr in revenue by FY27/28.
- 31st Annual General Meeting held on August 11, 2026, via Video Conferencing
- 184 members attended the meeting to vote on five key resolutions
- Approval sought for material related party transactions with subsidiary Gtropy Systems Private Limited
- Company maintains a target of ‡1,000 Cr revenue by FY27/28, representing a significant scale-up from current ‡474 Cr TTM revenue
- Remote e-voting was conducted between August 8 and August 10, 2026
MapmyIndia (C.E. Info Systems) reported a 14.9% YoY revenue growth to ₹139.7 Cr for Q1 FY27, with PAT rising 8.6% to ₹49.7 Cr. The Automotive segment was a key driver, growing 29% YoY to ₹59 Cr, while IoT-led revenue surged to ₹41 Cr from ₹23.4 Cr. EBITDA margins remained healthy at 40.2%, despite a ₹4 Cr one-time write-off from a government client that impacted margins by approximately 300 bps. The company has restructured its reporting into three clear segments: Automotive, Enterprise, and Government to streamline its growth strategy.
- Q1 FY27 Revenue increased 14.9% YoY to ₹139.7 Cr, representing ~29% of TTM revenue.
- Automotive segment revenue grew 29% YoY to ₹59 Cr, up from ₹46 Cr in Q1 FY26.
- IoT-led revenue jumped 75% YoY to ₹41 Cr from ₹23.4 Cr in the previous year's quarter.
- EBITDA margin stood at 40.2%; management noted it would have been 43%+ without a ₹4 Cr government client write-off.
- PAT grew 8.6% YoY to ₹49.7 Cr with a net profit margin of 31.2%.
C.E. Info Systems (MapmyIndia) has published the audio recording of its Q1FY2027 earnings call held on August 04, 2026. This procedural filing allows investors to review management's detailed commentary on the quarter's performance and future outlook. The company is currently operating with a TTM revenue of ‡474 Cr and a healthy operating margin of 36.9%. Management continues to target a ‡1000 Cr revenue milestone by FY27/28, driven by expansion in drones, defense, and international markets.
- Earnings call for Q1FY2027 conducted on August 04, 2026
- Company maintains a TTM revenue of ‡474 Cr as of the latest reporting cycle
- Targeting ‡1000 Cr revenue by FY27/28 through smart/electric vehicle and international expansion
- Mappls app user base has surpassed 40 million downloads
- Operating Profit Margin (OPM) stands at 36.9% on a TTM basis
C.E. Info Systems (MapmyIndia) has confirmed the appointment of its Group Chairman & Managing Director, Mr. Rakesh Kumar Verma, as a Non-Executive Director on the board of its material subsidiary, Mappls DT Private Limited. The appointment was ratified by shareholders during the subsidiary's Annual General Meeting held on August 3, 2026. This move strengthens parent-level oversight of the subsidiary, which is classified as 'material' to the company's operations. The subsidiary's board now includes four members, including the parent company's Joint MD, Mr. Rohan Verma.
- Appointment confirmed at the Annual General Meeting held on August 3, 2026
- Mappls DT Private Limited is a material wholly-owned subsidiary of the parent company with a ₹6,238 Cr market cap
- The subsidiary board now consists of 4 members, including 2 Independent Directors from the parent company
- Mr. Rohan Verma continues as Managing Director of the subsidiary to manage day-to-day operations
MapmyIndia reported a steady 14.9% YoY revenue growth to ₹139.7 Cr for Q1 FY27, though EBITDA margins contracted significantly to 40.2% from 45.9% in the year-ago period. Net profit (PAT) grew 8.6% YoY to ₹49.7 Cr, supported by a strong cash position of ₹745.3 Cr. The company is transitioning its reporting to a vertical-based structure (Automotive, Enterprise, Government) to better reflect its growth strategy. Additionally, Rohan Verma has been appointed as Joint Managing Director to lead the company's AI-native product roadmap.
- Revenue from operations increased 14.9% YoY to ₹139.7 Cr in Q1 FY27.
- EBITDA margin saw a contraction of 570 basis points, falling to 40.2% from 45.9% YoY.
- Profit After Tax (PAT) rose 8.6% YoY to ₹49.7 Cr with a PAT margin of 31.2%.
- Cash and financial investments increased to ₹745.3 Cr from ₹676.9 Cr in Q1 FY26.
- Rohan Verma appointed as Joint Managing Director effective July 1, 2026.
MapmyIndia reported a 14.9% YoY increase in revenue to ₹139.7 Cr for Q1 FY27, driven by a significant 75% surge in the IoT-led business which reached ₹41.1 Cr. While PAT grew 8.6% to ₹49.7 Cr, EBITDA margins contracted to 40.2% from 45.9% in the year-ago period, partly due to a ₹4 Cr one-time write-off for a government customer. The company has transitioned to a new reporting structure (Automotive, Enterprise, Government) and appointed Rohan Verma as Joint Managing Director. Cash reserves remain robust at ₹745.3 Cr, providing a strong liquidity cushion.
- Revenue from operations grew 14.9% YoY to ₹139.7 Cr in Q1 FY27
- IoT-led business revenue increased by 75% YoY to ₹41.1 Cr, reflecting rapid scaling
- EBITDA margin stood at 40.2%, impacted by a ₹4 Cr one-time write-off for a specific government customer
- Cash and cash equivalents increased to ₹745.3 Cr from ₹685 Cr in the previous quarter
- New segmental reporting shows Enterprise at 46%, Automotive at 42%, and Government at 12% of total revenue
MapmyIndia (C.E. Info Systems) reported a 21.3% YoY increase in consolidated revenue to ₹124.48 Cr for Q1 FY27. However, consolidated net profit remained flat at ₹50.35 Cr compared to ₹50.43 Cr in the year-ago period, indicating margin pressure. The growth was primarily driven by a 329% surge in device sales (₹19.83 Cr), while the core Map Data and Services segment grew more modestly at 6.7% YoY. Additionally, the company announced the resignation of Mr. Nikhil Kumar, Whole Time Director of its material subsidiary, Mappls DT Private Limited.
- Consolidated revenue from operations rose 21.3% YoY to ₹124.48 Cr in Q1 FY27.
- Sale of devices grew significantly to ₹19.83 Cr from ₹4.62 Cr in the same quarter last year.
- Consolidated net profit stood at ₹50.35 Cr, showing a marginal decline from ₹50.43 Cr YoY.
- Hardware material costs increased more than four-fold to ₹18.84 Cr from ₹4.43 Cr YoY.
- Mr. Nikhil Kumar resigned as Whole Time Director of material subsidiary Mappls DT Private Limited effective August 3, 2026.
MapmyIndia (C.E. Info Systems) reported a strong start to FY27 with consolidated revenue reaching Rs 124.48 Cr, a 21.3% increase over Q1 FY26. Net profit grew by 9.9% YoY to Rs 55.34 Cr, maintaining a high net profit margin of 44.5%. Standalone device sales showed significant momentum, rising 52% sequentially to Rs 19.83 Cr. However, technical outsourcing costs increased by 45.8% YoY to Rs 15.57 Cr, which investors should monitor for margin impact.
- Consolidated Revenue from operations grew 21.3% YoY to Rs 124.48 Cr from Rs 102.65 Cr.
- Net Profit for the quarter stood at Rs 55.34 Cr, contributing approximately 41% of the previous TTM PAT of Rs 134 Cr.
- Standalone Sale of Devices increased to Rs 19.83 Cr, up from Rs 13.02 Cr in the preceding quarter (Mar 2026).
- Technical services outsourcing and project software expenses rose to Rs 15.57 Cr from Rs 10.68 Cr in the year-ago period.
- Mr. Nikhil Kumar resigned as Whole Time Director of the material subsidiary Mappls DT Private Limited effective August 3, 2026.
C.E. Info Systems (MapmyIndia) has scheduled its Q1FY27 earnings conference call for August 4, 2026, at 6:00 PM IST. The call will discuss the financial performance for the quarter ended June 30, 2026. Investors will likely focus on the company's progress toward its stated goal of reaching ₹1,000 Cr revenue by FY27/28, compared to its current TTM revenue of ₹474 Cr. The management team will be present to address queries regarding growth in smart vehicles and international expansion.
- Earnings conference call scheduled for August 4, 2026, at 6:00 PM IST
- Discussion to focus on financial results for the quarter ended June 30, 2026
- Company targeting ₹1,000 Cr revenue by FY27/28, a significant jump from TTM ₹474 Cr
- Management to provide updates on the Mappls app platform which has 40M+ downloads
- TTM Operating Profit Margin (OPM) stands at 36.9% as of the latest annual data
Financial Performance
Revenue Growth by Segment
Consolidated revenue from operations grew 22.1% YoY to INR 463.3 Cr in FY25. For H1 FY26, revenue grew 14.7% YoY to INR 235 Cr. The Map-led segment maintains high margins of approximately 47%, while IoT-led and Government segments are in a scale-up phase with varying margin profiles.
Geographic Revenue Split
The majority of revenue is derived from the Indian market under the 'MapmyIndia' brand. The company is expanding internationally via the 'Mappls' brand, specifically through a 40% stake in a Southeast Asian JV (PT Terra Link) in Indonesia with Hyundai Autoever, which is currently in the investment phase and not yet at breakeven.
Profitability Margins
FY25 PAT margin was 28.6% (INR 147.6 Cr), down 360 bps from 32.2% in FY24. H1 FY26 PAT margin stood at 24.8% (INR 64.3 Cr). Margins were impacted by increased losses in the International JV and higher technical outsourcing costs for specific government projects.
EBITDA Margin
FY25 EBITDA margin was 38.8% (INR 179.9 Cr), a decrease of 240 bps from 41.2% in FY24. H1 FY26 EBITDA margin was 35.7% (INR 84 Cr). Q2 FY26 EBITDA margin dropped to 24.7% from 36.1% YoY due to lumpy corporate revenue and upfront project costs.
Capital Expenditure
Strategic investments in FY25 included USD 4 million (approx. INR 33.5 Cr) for a 40% stake in PT Terra Link, INR 2 Cr for a 19.8% stake in Kaiinos GeoSpatial, and INR 3 Cr for a 9.4% stake in Simdaas Autonomy.
Credit Rating & Borrowing
Not disclosed in available documents; however, the company maintains a strong cash position with INR 639.1 Cr in cash and cash equivalents as of H1 FY26, suggesting low reliance on external debt.
Operational Drivers
Raw Materials
As an IP-based software company, 'Technical Outsourcing Expenses' represent the primary variable operational cost, particularly for large-scale government geospatial projects.
Import Sources
Not specifically applicable as a software firm, but technology and map data are sourced/developed primarily in India, with international expansion into Indonesia.
Key Suppliers
Not disclosed in available documents; the business model relies on internal IP development and specific technical outsourcing partners for project execution.
Capacity Expansion
Workforce expanded by 9.2% to 1,411 employees in FY25 to support growth. The company is scaling its 'Mappls' app platform, which has surpassed 40 million downloads, to drive B2B and B2B2C demand.
Raw Material Costs
Technical outsourcing costs increased significantly in Q2 FY26 due to upfront requirements for a specific government project, which compressed quarterly margins but is expected to normalize in future periods.
Manufacturing Efficiency
Not applicable; however, the company focuses on 'operational efficiency' by utilizing personnel for future product and technology development during transition quarters.
Logistics & Distribution
Not disclosed in available documents; distribution is primarily digital via APIs and app stores.
Strategic Growth
Expected Growth Rate
29%
Growth Strategy
Targeting INR 1000 Cr revenue by FY27/28 through expansion in smart/electric/connected vehicles, digital transformation, and international expansion via the Mappls brand. Growth is supported by new sectors like drones, defense tech, and railways (MoU with DMRC and upcoming Indian Railways contract).
Products & Services
Digital maps, navigation software, APIs for enterprise transformation, IoT solutions, ADAS (Advanced Driver Assistance Systems), and the Mappls consumer application.
Brand Portfolio
MapmyIndia, Mappls, GTropy.
New Products/Services
National Geo-Spatial Platform for Survey of India, ADAS simulation technology, and drone-based solutions. Mappls app user base growth (40M+ downloads) acts as a marketing pull for B2B services.
Market Expansion
Expansion into Southeast Asia via the Indonesia JV. Targeting 'sunrise sectors' including Defense, Railways, and Drones to unlock new vertical growth.
Market Share & Ranking
Positioned as India's leading navigation platform; Mappls app is the leading front-end app showcasing indigenous technology strength.
Strategic Alliances
Joint Venture with Hyundai Autoever (PT Terra Link) for Southeast Asia; MoU with Delhi Metro Rail Corporation (DMRC) for data sharing and commercial expansion.
External Factors
Industry Trends
The industry is shifting toward 'simulated autonomy,' drones, and deep-tech geospatial platforms. MapmyIndia is positioning itself as the 'Pulse of a Digital Nation' by integrating streets-to-satellite data.
Competitive Landscape
Competes with global mapping giants, but differentiates through localized deep-tech, government partnerships (Survey of India), and specialized automotive integration.
Competitive Moat
Moat is built on proprietary IP-based map data, a sophisticated deep-tech platform, and high switching costs for enterprises integrated into their API ecosystem. The 40M+ consumer app user base creates a 'pull' effect for B2B customers.
Macro Economic Sensitivity
Highly sensitive to the rise of electric and connected vehicles and the pace of nationwide digital transformation initiatives.
Consumer Behavior
Increasing consumer demand for sophisticated navigation and safety features (Mappls app) is driving enterprise adoption of MapmyIndia's underlying technology.
Geopolitical Risks
International expansion into Southeast Asia introduces regional regulatory and geopolitical risks, though the JV partner (Hyundai Autoever) provides local stability.
Regulatory & Governance
Industry Regulations
Operations are influenced by National Geospatial Policy and SEBI listing regulations. The company recently secured a landmark contract to develop the National Geo-Spatial Platform for the Survey of India.
Taxation Policy Impact
Effective tax rate is approximately 28% based on FY25 PBT of INR 205.7 Cr and PAT of INR 147.6 Cr.
Legal Contingencies
No specific pending court cases or labor disputes with material values were disclosed in the provided documents.
Risk Analysis
Key Uncertainties
Quarterly performance volatility due to 'lumpy' corporate contracts and the timing of government project milestones. Potential impact on margins could be 5-10% depending on the mix of IoT vs. Map-led revenue.
Geographic Concentration Risk
High concentration in India; international revenue is currently in the 'investment and loss' phase (Indonesia JV).
Third Party Dependencies
Dependency on technical outsourcing for government projects and collaboration with automotive partners like Hyundai for international growth.
Technology Obsolescence Risk
Mitigated by continuous investment in next-gen platforms, ADAS, and digital twin technology to stay ahead of global competitors.
Credit & Counterparty Risk
Increased trade receivables (INR 174 Cr) due to government contracts pose a risk of delayed collections, though management expresses confidence in recovery.
