CE Info Systems Ltd
NSE:MAPMYINDIA

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CE Info Systems Ltd
NSE:MAPMYINDIA
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Price: 1 672.4 INR -2.61% Market Closed
Market Cap: 91.5B INR

CE Info Systems Ltd
Investor Relations

CE Info Systems Ltd., better known by its brand name MapmyIndia, has carved a niche in the burgeoning geospatial industry with its comprehensive offerings. At the heart of MapmyIndia's operations is its robust digital mapping technology that powers a variety of applications and services. The company specializes in creating detailed maps and geospatial data that serve as foundational elements for navigation systems, location-based services, and urban planning. With a keen focus on harnessing the power of technology, MapmyIndia integrates advanced solutions like real-time traffic updates, GPS tracking, and analytics to offer unparalleled accuracy and depth, catering to both individual consumers and large enterprises.

The company's business model thrives on a diversified revenue stream, combining both B2B and B2C segments. For corporations, government bodies, and developers, MapmyIndia licenses its geospatial software and data, which are integral for enabling efficient transportation and logistics. On the consumer side, revenue is generated through services such as navigation products and apps that provide live traffic and route information. The dual-focus strategy ensures a steady income, fostering sustained growth and innovation amid the competitive terrain of geographic information systems. Through strategic partnerships and continuous technological enhancement, MapmyIndia has positioned itself as a critical player in the digital mapping ecosystem across India, while increasingly looking to expand its footprint globally.

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MAPMYINDIA
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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Nov 11, 2025
AI Summary
Q2 2026

Revenue Growth: MapmyIndia reported H1 FY '26 revenue growth of 14.7% over H1 FY '25, with management emphasizing this as a solid performance despite increased investments.

Major Government Wins: The company secured a significant INR 110 crore, 5-year IoT-led contract with IOCL and a landmark deal with Survey of India for the national geospatial platform, underpinning future growth.

IoT Momentum: IoT-led business revenue surged to INR 74.5 crores in H1 from INR 54 crores a year ago, showing roughly 38% growth and validating prior investments.

EBITDA Margins: H1 EBITDA margin declined to 35% from 39% YoY, with Q2 margin at 24.7% versus 36.1% last year, mainly due to one-off technical outsourcing expenses and international investments.

One-off Expenses: The company incurred INR 10–15 crores in exceptional technical service outsourcing, primarily for government projects, which management expects to decline in coming quarters.

Long-term Targets Unchanged: The management reaffirmed their INR 1,000 crore revenue target by FY '28 and 35–40% margin aspiration, stating annual guidance remains on track.

Strong Balance Sheet: Cash and cash equivalents rose to INR 639 crores from INR 565 crores last year, supporting further investments and working capital needs.

Strategic Focus: Continued emphasis on expanding platform-led, recurring government and enterprise contracts, with new verticals like railways and defense identified as future growth drivers.

Key Financials
EBITDA
INR 84 crores
PAT
INR 64 crores
EBITDA Margin
35% (H1 FY '26)
EBITDA Margin (Q2)
24.7%
Cash and Cash Equivalents
INR 639 crores
IoT-led Business Revenue
INR 74.5 crores (H1)
Map-led Business EBITDA Margin
47.3%
INR 110 crore IOCL Contract
INR 110 crores (5-year contract)
User Base (Mappls app)
over 40 million users
Return on Capital Employed (excluding cash)
78%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Rakesh Kumar Verma
Co-Founder, Chairman of the Board & MD
No Bio Available
Mr. Rohan Verma
CEO & Whole Time Director
No Bio Available
Ms. Rashmi Verma
Co-Founder, CTO & Whole Time Director
No Bio Available
Mr. Anuj Kumar Jain
Chief Financial Officer
No Bio Available
Mr. Saurabh Surendra Somani
Company Secretary & Compliance Officer
No Bio Available
Ms. Sapna Ahuja
Chief Operating Officer
No Bio Available
Mr. Shishir Verma
Chief HR & Corporate Affairs Officer
No Bio Available
Mr. Ankeet Bhat
Chief Business Officer of Enterprise Business
No Bio Available
Mr. Nikhil Kumar
President of Geospatial Business
No Bio Available
Mr. Rishin Kalra
Chief Product Officer of Auto Tech
No Bio Available

Contacts

Address
DELHI
New Delhi
237, Okhla Industrial Estate Phase 3, Near Modi Mill
Contacts
+911146009900
www.mapmyindia.com