MapmyIndia reported a 9.7% year-over-year increase in revenue for Q2FY26 and a 14.7% increase for H1FY26, reaching ₹235.4 Cr. H1FY26 EBITDA stood at ₹84.0 Cr, while PAT reached ₹64.3 Cr. The Mappls app saw user base surge past 40 million downloads. The company secured a ₹110 crore contract with Indian Oil Corporation Limited (IOCL) and a contract from the Survey of India.
Financial Performance Highlights
MapmyIndia (C.E. Info Systems Ltd) has announced its financial results for Q2 and H1 of FY2026, showcasing continued growth. Key highlights include:
- Q2FY26 Revenue: Increased by 9.7% year-over-year.
- H1FY26 Revenue: Grew by 14.7% year-over-year to ₹235.4 Cr from ₹205.2 Cr in H1FY25.
- H1FY26 EBITDA: Stood at ₹84.0 Cr.
- H1FY26 PAT: Reached ₹64.3 Cr.
Key Business Developments
The company highlighted several important business developments:
- The Mappls app user base has exceeded 40 million downloads.
- Secured a significant contract worth ₹110 crore with Indian Oil Corporation Limited (IOCL).
- Awarded a landmark contract by the Survey of India to develop the nation’s first National Geo-Spatial Platform.
Segment Performance
The company’s performance across its key segments was also detailed:
- Map-led Business: Revenues grew to ₹160.9 crore in H1 FY26 from ₹151.1 crore in H1 FY25, maintaining a healthy EBITDA margin of 47.3%.
- IoT-led Business: Showed strong revenue growth, rising to ₹74.5 crore from ₹54.0 crore in the prior period, with an EBITDA margin at 10.6%.
Source: BSE
