StartupSuperb

Tag: MapmyIndia

  • MapMyIndia Achieves Rs 122 Crore in Revenue for Q1 FY26, with Profits Rising by 28%

    MapMyIndia Achieves Rs 122 Crore in Revenue for Q1 FY26, with Profits Rising by 28%


    MapMyIndia Financial Update: Q1 FY26 Results

    MapMyIndia, under its parent company CE Info Systems, has shared its financial results for the first quarter of FY26. The report indicates a remarkable year-on-year revenue growth exceeding 21% compared to Q1 FY25.

    In Q1 FY26, MapMyIndia reported operational revenue rising to Rs 122 crore, up from Rs 101 crore recorded in Q1 FY25, as detailed in its consolidated quarterly report available through the National Stock Exchange (NSE).

    Quarterly Financial Performance

    On a quarter-on-quarter basis, however, MapMyIndia experienced a 15% decline in operating revenue, which decreased from Rs 144 crore in Q4 FY25 to Rs 122 crore in Q1 FY26.

    Major Revenue Sources

    The company’s primary revenue generators include digital map data, GPS navigation, location-based services, and IoT, which collectively contributed 93% to the total revenue. This segment saw a 23% increase, generating Rs 114 crore in Q1 FY26. Conversely, revenue from device sales amounted to Rs 8 crore for the quarter ending June 2025.

    Cost Analysis

    The significant costs associated with IoT devices, employee benefits, and outsourced technical services resulted in a total expenditure of Rs 73 crore during Q1 FY26, rising from Rs 64 crore in the same quarter of the previous fiscal year.

    Profit Margins

    Diving into profitability, MapMyIndia achieved a substantial 28% profit increase, reaching Rs 46 crore in Q1 FY26, compared to Rs 36 crore from the first quarter of FY25. Furthermore, the company’s EBITDA for this quarter stood at Rs 68 crore.

    Strategic Investments

    In Q1 FY26, MapMyIndia made key strategic investments, including Rs 25 crore to elevate its stake in IoT subsidiary Gtropy Systems from 75.98% to 96%, underscoring its commitment to fleet technology and telematics. Additionally, the company invested Rs 25 crore to acquire a 0.049% stake in Zepto, enhancing its footprint in the burgeoning quick commerce sector.

    Market Position

    As of the close on 7th August 2025, MapMyIndia shares settled at Rs 1,759.9 each, resulting in a market capitalization of Rs 10,040 crore (approximately $1.09 billion).

  • MapMyIndia Reports ₹122 Crore Revenue and 28% Profit Surge in Q1 FY26

    MapMyIndia Reports ₹122 Crore Revenue and 28% Profit Surge in Q1 FY26


    MapMyIndia Reports Impressive Q1 FY26 Financial Results

    MapMyIndia, under the umbrella of CE Info Systems, has revealed its financial outcomes for the first quarter of FY26, showcasing a remarkable year-on-year revenue increase of over 21% when compared to Q1 FY25. The operational revenue surged to Rs 122 crore in Q1 FY26 from Rs 101 crore in Q1 FY25, as indicated in the consolidated quarterly report obtained from the National Stock Exchange (NSE).

    Quarterly Revenue Analysis

    In terms of quarter-on-quarter performance, MapMyIndia observed a decline in operational revenue by 15%, dropping to Rs 122 crore in Q1 FY26 from Rs 144 crore in Q4 FY25.

    Major Revenue Streams

    MapMyIndia’s primary income came from digital map data, GPS navigation, location-based services, and IoT, which collectively accounted for 93% of the overall revenue. This income segment experienced a 23% increase, amounting to Rs 114 crore in Q1 FY26. Additionally, the sale of devices contributed Rs 8 crore during the quarter ending in June 2025.

    Cost Structure

    The principal components affecting the cost structure included IoT devices, employee benefits, and outsourced technical services. Consequently, the total expenses of the company rose to Rs 73 crore in Q1 FY26, up from Rs 64 crore in Q1 FY25.

    Profit Growth

    As a result of increased operations, MapMyIndia noted a 28% rise in profitability, reaching Rs 46 crore in Q1 FY26, compared to Rs 36 crore in the same quarter of the prior fiscal year. The company’s EBITDA for the quarter was recorded at Rs 68 crore.

    Investments in Subsidiaries

    During Q1 FY26, MapMyIndia allocated Rs 25 crore to enhance its investment in IoT subsidiary Gtropy Systems, raising their stake from 75.98% to 96%. This move underscores the company’s commitment to fleet technology and telematics. Furthermore, MapMyIndia invested an additional Rs 25 crore in Zepto, acquiring a 0.049% stake to bolster its involvement in the rapidly expanding quick commerce sector.

    Stock Market Performance

    As of the close of trading on 7th August 2025, MapMyIndia’s shares were priced at Rs 1,759.9 each, resulting in a market capitalization of Rs 10,040 crore ($1.09 billion).

  • MapMyIndia Achieves Rs 140 Crore Revenue in Q4 FY25 with a 29% Rise in Profit

    MapMyIndia Achieves Rs 140 Crore Revenue in Q4 FY25 with a 29% Rise in Profit


    MapMyIndia Reports Impressive Financial Growth for Q4 FY25

    MapMyIndia, under the umbrella of CE Info Systems, has revealed its financial performance for the fourth quarter of FY25. The highlights show an impressive year-on-year revenue increase of over 34% compared to Q4 FY24.

    The revenue generated from operations by MapMyIndia rose to Rs 143 crore in Q4 FY25, a significant uptick from Rs 107 crore recorded in Q4 FY24. Additionally, for the entire fiscal year, revenue surged by 22%, amounting to Rs 463 crore in FY25 up from Rs 379 crore in FY24, as detailed in the company’s consolidated quarterly report sourced from the NSE.

    MapMyIndia’s primary revenue driver has been its digital map data, GPS navigation, location-based services, and IoT solutions, representing 88% of total revenue. This segment saw a stellar growth of 51%, bringing in Rs 127 crore in Q4 FY25. In contrast, income from device sales contributed Rs 16.5 crore.

    The major expenses for MapMyIndia were related to IoT devices, employee benefits, and outsourced technical services, leading to a rise in total costs to Rs 90 crore in Q4 FY25, compared to Rs 72 crore in Q4 FY24. For the fiscal year, overall costs increased to Rs 306 crore in FY25.

    As a result of this operational scale, MapMyIndia experienced a 29% rise in profit, reaching Rs 49 crore for Q4 FY25, up from Rs 38 crore during the same quarter last year. Annually, profit also grew by 10% to Rs 148 crore in FY25, compared to Rs 134 crore in FY24.

    On 9th May 2025, MapMyIndia’s shares closed at Rs 1,845 each, giving the company a market capitalization of Rs 10,040 crore ($1.17 billion).

  • MapMyIndia Reports Impressive Rs 32 Crore Profit in Q3 FY25

    MapMyIndia Reports Impressive Rs 32 Crore Profit in Q3 FY25

    Financial Results Announcement by CE Info Systems

    CE Info Systems, the parent entity of MapMyIndia, has revealed its financial performance for the third quarter of FY25. The company experienced a significant year-on-year revenue boost exceeding 24% compared to the same quarter in the previous fiscal year (Q3 FY24).

    Key Financial Highlights

    • MapMyIndia’s operational revenue surged to Rs 114.5 crore in Q3 FY25, up from Rs 92 crore in Q3 FY24, as indicated by the unaudited consolidated quarterly report sourced from NSE.
    • Digital map data, GPS navigation, location-based services, and IoT contributed significantly to revenue, accounting for 90% of total earnings. This area saw a robust increase of 32.5%, reaching Rs 102.4 crore in Q3 FY25.
    • Revenue from device sales amounted to Rs 12 crore.

    Cost Structure

    The main expenses incurred by the firm included costs related to IoT devices, employee benefits, and outsourced technical services, which elevated the total expenditure to Rs 79.4 crore in Q3 FY25, compared to Rs 60.5 crore in Q3 FY24.

    Profit Performance

    As a result of the growth in scale, MapMyIndia reported a profit increase of 4.2%, achieving Rs 32.3 crore in Q3 FY25, up from Rs 31 crore in the same period last year (Q3 FY24).

    Current Market Standing

    MapMyIndia shares are currently trading at Rs 1609 each, with a market capitalisation of Rs 8,753 crore (approximately $1 billion).

    Management Transition

    Recently, it was announced that Rohan Verma, the Chief Executive Officer and whole-time director, will resign from his executive position effective March 31, 2025. Rakesh Kumar Verma, Chairman and Managing Director, will continue to lead the company.