MapmyIndia: Q1 FY27 Revenue Grows 15% to ₹139.7 Crore

MapmyIndia (C.E. Info Systems Ltd) announced its financial results for the first quarter of Fiscal Year 2027 (Q1 FY27). The company reported a 15% year-on-year increase in revenue from operations, reaching ₹139.7 crore. EBITDA remained strong at ₹56.1 crore with a margin of 40.2%, while PAT grew 8.6% YoY to ₹49.7 crore with a PAT margin of 31.2%. The presentation also highlighted a new market-wise revenue reporting structure across Automotive, Enterprise, and Government segments.

MapmyIndia Reports Strong Q1 FY27 Performance

MapmyIndia, formally C.E. Info Systems Ltd, has announced its financial results for the first quarter of the fiscal year 2027 (Q1 FY27). The company demonstrated robust growth, with Revenue from Operations increasing by 15% year-on-year to ₹139.7 crore. This performance reflects the continued strength of MapmyIndia’s products and platforms across key business verticals.

Profitability and Margins Maintained

EBITDA for the quarter stood strong at ₹56.1 crore, maintaining a healthy EBITDA margin of 40.2%. Profit After Tax (PAT) also saw a significant increase of 8.6% year-on-year, reaching ₹49.7 crore, with a PAT margin of 31.2%. This sustained profitability underscores the company’s disciplined execution and growing customer trust across Automotive, Enterprise, and Government segments.

Refined Market Segment Reporting

In line with its business evolution, MapmyIndia is refining its segmental revenue reporting. Starting this quarter, the company will report market-wise segmental revenues across three customer-focused verticals: Automotive, Enterprise, and Government. This new framework replaces the previously reported A&M and C&E market segments, providing a clearer reflection of revenue derived from these specific customer bases and aligning with operational organization.

Leadership Transition and Future Focus

The quarter also marked a significant leadership development with the announcement of Rohan Verma’s appointment as Joint Managing Director (subject to shareholder approval). Verma’s expanded role is expected to drive innovation, deepen customer engagement, and shape the next phase of MapmyIndia’s growth, particularly in Artificial Intelligence-native product development. The company emphasizes its 30+ year commitment to innovation in cutting-edge technology, building world-class products and solutions, and serving diverse customer needs.

Product-wise Performance: Map-led and IoT-led

The investor presentation details performance across its two core product pillars: Map-led and IoT-led. The Map-led business reported stable revenue at ₹98.7 crore, driven by demand for digital maps and location intelligence. The IoT-led business saw significant growth, with revenue increasing by 75% year-on-year to ₹41.1 crore, reflecting strong adoption of connected mobility and logistics solutions. The EBITDA margin for the IoT-led segment improved to 13.1% from 8.7% in Q1 FY26.

Segmental Revenue Trends

Detailed segmental revenue trends highlight the growing contribution from each vertical. For Q1 FY27, the Automotive segment contributed ₹58.8 crore (42.1% mix), Enterprise contributed ₹64.2 crore (46.0% mix), and Government contributed ₹16.7 crore (11.9% mix) to the total revenue of ₹139.7 crore.

Shareholding Pattern

As of June 30, 2026, the shareholding pattern shows Promoters holding 51.4%, followed by MF’s/AIF’s at 11.9%, Public at 18.1%, Corporate Bodies at 1.5%, FPI at 1.1%, Insurance Companies at 0.9%, and Others at 15.1%. Phonepe Private Limited is noted as the top non-promoter shareholder with 13.7% holding.

Source: BSE

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