MapmyIndia (C.E. Info Systems Ltd.) reported its financial results for the Third Quarter and Nine Months ended December 31, 2025. Q3 FY26 Revenue from Operations stood at ₹93.7 Cr, marking an 18.2% YoY decline, attributed by management to seasonality and significant IP investments. Despite the short-term dip, the company’s open order book grew substantially to ₹1,770.7 crore, signaling strong long-term visibility.
MapmyIndia Q3 FY2026 Financial Highlights
C.E. Info Systems Ltd., operating as MapmyIndia, announced its financial performance for the Third Quarter (Q3 FY26) and Nine Months (9M FY26) ending December 31, 2025. The results indicate a challenging quarter compared to the previous year, though the nine-month trend shows modest growth.
Key Consolidated Financial Highlights (All figures in ₹ Cr):
- Revenue from Operations: Q3 FY26 was ₹93.7 Cr (down 18.2% YoY); 9M FY26 was ₹329.1 Cr (up 2.9% YoY).
- Total Income: Q3 FY26 recorded ₹104.2 Cr (down 15.9% YoY); 9M FY26 was ₹363.7 Cr (up 4.6% YoY).
- EBITDA: Q3 FY26 dropped to ₹26.8 Cr (down 35.8% YoY); 9M FY26 was ₹110.8 Cr (down 9.1% YoY).
- PAT: Q3 FY26 stood at ₹18.8 Cr (down 41.9% YoY); 9M FY26 was ₹83.1 Cr (down 15.7% YoY).
- Cash & Cash Equivalents: Ended Q3 FY26 at ₹642.8 Cr.
Management Commentary on Performance and Outlook
Rakesh Verma, Group Chairman & Managing Director, acknowledged that the quarter was financially weak due to seasonality. He cited major investment activity in building Intellectual Properties (IPs) in Navigation Software and HD Maps as a contributing factor.
Despite the quarterly pressures, Mr. Verma expressed confidence, stating that the company still believes its guidance of 35% EBITDA margin will hold on a full-year basis, and anticipates stronger revenue growth in Q4 FY26 compared to Q4 FY25.
Order Book Strength
A key highlight supporting the long-term outlook is the significant increase in the company’s open order book. As of 31st December, 2025, the book has increased to ₹1,770.7 crore, up from ₹1,500 crore as of 31st March, 2025. This provides clear, long-term revenue visibility.
Company Background
MapmyIndia (C.E. Info Systems Ltd.) is positioned as India’s leading deep-tech digital map data, geospatial software, and location-based IoT platform provider. The company offers proprietary digital maps as a service (MaaS), SaaS, and PaaS, serving customers across automotive OEMs, government organizations, and developers under the Mappls MapmyIndia brand. The company pioneered digital mapping in India in 1995.
Source: BSE
