MapmyIndia Q1FY26 Revenue Rises 19.8% to ₹121.6 Crore

C.E. Info Systems Ltd. (“MapmyIndia”), India’s leading advanced digital maps and deep-tech products and platforms company, announced today its financial results for First Quarter of FY2026 ended 30th June 2025.

Key Consolidated Financial Highlights for Q1FY2026:

Rakesh Verma, Chairman & Managing Director, MapmyIndia, commenting on First Quarter of FY26 results, said “MapmyIndia has started FY26 on a strong footing, delivering robust financial performance across key metrics in Q1. For Q1FY26, Year-on-year, the Revenue grew by 19.8% to ₹121.6 crore, while EBITDA rose by 30.6% to ₹55.9 crore, and PAT increased by 27.7% to ₹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% year-on-year, 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% year-on-year 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 ₹25 Cr 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 ₹1000 Cr 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.”