C.E. Info Systems Limited has informed the Exchange about Transcript
MAPMYINDIA · price
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MapmyIndia reported a strong Q1 FY26 with revenue of INR 121.6 crores (up 19.8% YoY), EBITDA of INR 55.9 crores (up 30.6% YoY at 46% margin), and PAT of INR 45.8 crores (up 27.7% YoY at 33.9% margin). The Map-led business grew 26% YoY with margins expanding to 54.8% from 50.1%, while Automotive & Mobility grew 24.4% and Consumer Tech/Enterprise grew 16.1%. The company announced a strategic INR 25 crore investment in quick commerce player Zepto alongside a business agreement for SDK/API adoption, and is increasing its stake in IoT subsidiary Gtropy from 75.98% to 96%. Management reiterated its INR 1,000 crore revenue target for FY28 and a 35%+ overall EBITDA margin guidance for FY26.
Positive for shareholders — Q1 results beat expectations with margin expansion well above guidance, and new strategic moves into quick commerce (Zepto) and consolidation of the IoT business signal growth focus. Cash balance of INR 676 crores provides ample capacity for the announced investments (Zepto + Gtropy + dividend ≈ INR 70 crores), though near-term IoT growth may stay soft due to ongoing transition.