Conference Call with C.E. Info Systems Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
Internet Software & Services company C.E. Info Systems announced Q1FY26 results Revenue from Operations: Rs 121.6 crore compared to Rs 101.5 crore during Q1FY25, change 19.8%. EBITDA: Rs 55.9 crore compared to Rs 42.8 crore during Q1FY25, change 30.6%. EBITDA Margin: 46.0% for Q1FY26. PAT: Rs 45.8 crore compared to Rs 35.9 crore during Q1FY25, change 27.7%. PAT Margin: 33.9% for Q1FY26. Rakesh Verma, Chairman & Managing Director, MapmyIndia, said: “MapmyIndia has started FY26 on a strong footing, delivering robust financial performance across key metrics in Q1. For Q1FY26, YoY, the Revenue grew by 19.8% to Rs 121.6 crore, while EBITDA rose by 30.6% to Rs 55.9 crore, and PAT increased by 27.7% to Rs 45.8 crore. In Q1FY26, EBITDA margin was 46.0% and PAT margin was 33.9%, underscoring the strength of our business model and operational efficiency. Our Map-led business remained the key growth engine, delivering a strong 26% year-on-year growth with EBITDA margins of 54.8% as against 50.1% in Q1FY25. The Company believing in long term prospect of its IoT business is increasing its shareholding in its IoT subsidiary Gtropy Systems Private Limited from 75.98% to 96.00%. Finally, Mappls DT Private Limited – a wholly owned subsidiary has been fully operationalised to serve the large & fast growing Digital Transformation and Digital Twin needs of the government and defence sector. From an industry lens, our Automotive & Mobility Tech (A&M;) revenue grew 24.4% YoY, supported by growing demand for our advanced automotive solutions. The Consumer Tech & Enterprise Digital Transformation (C&E;) segment also performed well, registering a 16.1% YoY increase. We made meaningful progress in both new customer acquisitions and deepening engagements with existing clients through up-sell and cross-sell of innovative solutions. Notable wins and go-lives spanned across automotive OEMs, fleet operators, technology startups, traditional enterprises, and various government departments, including defence. With our focus on Live High definition Maps (HD Maps) – going beyond 2D and 3D Standard Definition maps, we have developed use cases for Autonomous driving and lane-level navigation experience. In August 2025, we entered into a strategic business agreement with Zepto, a leading quick commerce company where MapmyIndia SDK & APIs are utilised to enhance their customer and delivery experience. Additionally, the board has approved on August 7, 2025, a strategic financial investment of Rs 25 crore in Zepto. This investment will enhance the capabilities and adoption of our suite of solutions for the large and fast growing quick commerce industry. MapmyIndia continues to work with and enable all players in this sector. Looking ahead, we are confident about the opportunities that lie ahead to achieve our revenue goal of Rs 1000 crore in FY28. The strong performance in Q1 reinforces our belief in the scalability and sustainability of our strategy. At the same time, we would like to communicate that the nature of this business is such that it should be observed more on a yearly basis rather than quarter on quarter.” Result PDF
Internet Software & Services company C.E. Info Systems announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from Operations: Rs 143.5 crore vs Rs 106.9 crore during Q4FY24 (change: 34%). Total Income: Rs 166.7 crore vs Rs 119.3 crore during Q4FY24 (change: 40%). EBITDA: Rs 58 crore vs Rs 39.5 crore during Q4FY24 (change: 47%). EBITDA Margin: 40% vs 37% during Q4FY24. PAT: Rs 49.0 crore vs Rs 38.2 crore during Q4FY24 (change: 28%). PAT Margin: 29% vs 32% during Q4FY24. FY25 Financial Highlights: Revenue from Operations: Rs 463.3 crore vs Rs 379.4 crore during FY24 (change: 22%). Total Income: Rs 515.7 crore vs Rs 417.6 crore during FY24 (change: 23%). EBITDA: Rs 179.9 crore vs Rs 156.2 crore during FY24 (change: 15%). EBITDA Margin: 39% vs 41% during FY24. PAT: Rs 147.6 crore vs Rs 134.4 crore during FY24 (change: 10%). PAT Margin: 29% vs 32% during FY24. RoCE (ex-cash): 95% vs 105% during FY24. Cash & Cash Equivalents (incl. financial investments): Rs 659.9 crore vs Rs 557.3 crore during FY24 (change: 18%). Open Order Book at End of Year: Rs 1,500 crore vs Rs 1,372 crore during FY24 (change: 10%). Rakesh Verma, Chairman & Managing Director, MapmyIndia, said : “We are happy to report the strong growth in Q4FY25 and a good fiscal year overall. The Board was pleased to express our gratitude to all shareholders by declaring Final Dividend of Rs. 3.50/- per Equity share of Rs. 2/- each at the rate of 175% for the FY25. In Q4FY25, revenue increased by 34% YoY to Rs. 143.5 crore and EBITDA rose by 47% to Rs. 58 crore and PAT grew by 28% to Rs. 49 crore. EBITDA margin in Q4 was 40%. For FY25, revenue rose 22% to Rs. 463.3 crore. EBITDA rose 15% to Rs 179.9 crore and PAT rose 10% to Rs 148 crore, EBITDA margin for FY25 was 39%. We’re happy that momentum picked up in Q3 and Q4 of FY25. Our Map-led business EBITDA margins remain healthy at 47% and our IoT-led business EBITDA margins expanded from 12% in FY24 to 14% in FY25, as product mix improved and SaaS income increased. Our Open Order Book grew to Rs 1,500 crore at the end of FY25. Our Order Book achievements give us further confidence that we are on track to our stated milestone of crossing Rs 1000 crore revenue by FY28. Our Consumer Tech & Enterprise Digital Transformation (C&E;) revenue grew by 30% YoY to Rs 252.5 crore, and Automotive & Mobility Tech (A&M;) revenue grew by 13% to Rs 210.8 crore. Our Mapled revenue grew by 29% to Rs 345.6 crore. and IoT led revenue grew by 5% to Rs. 117.7 crore. Our new licenses in automotive increased to 3+ million in new vehicles (4-wheelers, 2-wheelers and CVs, across ICE and EV segments), as against 2.5 million during FY24. Further, the number of new IoT devices installed (rented and sold additionally) during the year were 2.1+ Lakhs as against 2.9+ Lakhs in FY24, due to strategic shift in focus towards SaaS revenue over hardware sales. We acquired new B2B and B2B2C customers – including many businesses and enterprises across industry verticals. Customer diversification, de-concentration and retention continued to trend healthily. We have also started to build revenue from the South East Asian market in alignment with our JV company TerraLink Technologies. We were happy with the results of our prudent marketing efforts which led to our crossing the milestone of 30 Million user downloads of the Mappls App and see this as a foundation for future potential consumer business. B2C expenses for consumer business were controlled in this quarter while, we of course continue to relentlessly innovate and invest in enhancing our existing products and technologies, and working on future vision. Our strategic focus is on enhancing technological capabilities, improving customer engagements and driving operational excellence. To sharpen this focus, our government business, where we see a large opportunity ahead, will be handled by our wholly owned subsidiary, Vidteq, now renamed “Mappls DT”, for accelerating our initiatives in Digital Transformation, Digital Twin, and Defence Technologies to the government. The IoT and logistics SaaS will continue with our 76% owned subsidiary Gtropy. To ramp up these high growth opportunities, Rohan Verma has been appointed as Managing Director of both these subsidiaries w.e.f 1st April, 2025. The parent company will focus on Automotive and Corporate Business. Mappls Brand and App will continue within the parent company.” Result PDF
Conference Call with C.E. Info Systems Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.