C.E. Info Systems reported a consolidated net profit of ₹503.8 crore for the first quarter ended June 30, 2026 (Q1FY26), an increase from ₹473.8 crore in the corresponding period of the previous fiscal year. The location technology company recorded revenue from operations of ₹1,397.2 crore, marking a 14.9% year-on-year growth from ₹1,216.1 crore. This top-line expansion was primarily driven by strong performance in its Map data and services segment, which includes royalty, annuity, subscription, software, and projects under its Map As A Service (MAAS), Platform As A Service (PAAS), and Software As A Service (SAAS) offerings.

The Board of Directors approved the unaudited standalone and consolidated financial results on August 4, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, MSKA & Associates LLP, issued an unmodified limited review report on the financial statements. Additionally, the Board noted that Mr. Nikhil Kumar stepped down as the Whole Time Director of Mappls DT Private Limited, a material wholly owned subsidiary, effective August 3, 2026.

Q1FY26 Financial Performance

The following table highlights the key consolidated financial metrics for C.E. Info Systems for Q1FY26 compared to the prior year period:

*EBITDA is calculated as Profit Before Tax plus Depreciation and Amortisation expense plus Finance Cost. For Q1FY26: ₹664.4 Cr + ₹91.5 Cr + ₹1.8 Cr = ₹757.7 Cr? No, standard EBITDA is usually provided or derived. Let's use Profit Before Tax + Depreciation + Finance Cost + Interest Income (if separate) or just stick to PBT and PAT as per source to avoid calculation errors if not explicitly defined. The source gives PBT ₹664.4 Cr. Let's use PBT and PAT.

Revenue and Profitability Drivers

Revenue from operations rose to ₹1,397.2 crore in Q1FY26 from ₹1,216.1 crore in Q1FY25. The growth was supported by both hardware sales and service revenues. Sale of devices increased significantly to ₹231.1 crore from ₹76.0 crore year-on-year. Concurrently, revenue from Map data and services grew to ₹1,166.1 crore from ₹1,140.1 crore. Other income also contributed to the top line, rising to ₹196.5 crore from ₹136.7 crore.

Consolidated net profit after tax stood at ₹503.8 crore, compared to ₹473.8 crore in the previous year. The company’s share of profit/loss from associates and joint ventures resulted in a net loss of ₹64.0 lakh, including a loss of ₹27.0 lakh from its joint venture, PT Terra Link Technologies, Indonesia. Standalone net profit was higher at ₹554.2 crore, reflecting strong operational performance at the holding company level.

What the Numbers Show

The divergence between standalone and consolidated profitability highlights the impact of equity-accounted investments. While the standalone entity generated a robust net profit of ₹554.2 crore, the consolidated figure of ₹503.8 crore was dampened by losses from associates and joint ventures. Despite the 14.9% revenue growth, profit before tax grew at a slower pace of 7.4%, indicating margin pressure likely due to higher employee benefits expense (₹255.6 crore vs ₹260.9 crore last year) and other expenses (₹231.2 crore vs ₹174.4 crore). The significant jump in device sales revenue (₹231.1 crore vs ₹76.0 crore) suggests a strategic push into hardware, though this segment typically carries lower margins than software services, potentially explaining the modest profit growth relative to revenue expansion.

C.E. Info Systems Limited has scheduled its 31st Annual General Meeting (AGM) for Tuesday, August 11, 2026, at 11:00 AM IST through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The company dispatched the AGM notice and Annual Report for FY 2025-26 to members on July 18, 2026. The meeting will be conducted in compliance with applicable provisions of the Companies Act, 2013 and relevant MCA and SEBI circulars.

Remote E-Voting and Book Closure

The company has provided a remote e-voting facility to its members in accordance with Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI (LODR) Regulations, 2015, facilitated by MUFG Intime India Pvt Ltd. The remote e-voting period commences on Saturday, August 8, 2026, at 9:00 AM IST and concludes on Monday, August 10, 2026, at 5:00 PM IST. Members holding shares as on the cut-off date of Tuesday, August 4, 2026, are eligible to vote.

Pursuant to Section 91 of the Companies Act, 2013, the Register of Members and Share Transfer Books will remain closed from Wednesday, August 5, 2026, to Tuesday, August 11, 2026 (both days inclusive), for the purpose of the 31st AGM and dividend payment. The dividend, if declared, will be paid to members whose names appear on the register of members at the close of business hours on Tuesday, August 4, 2026.

AGM Agenda and Business

The AGM will transact ordinary and special business. The Board of Directors, at their meeting held on May 19, 2026, recommended a final dividend of ₹3.50 (175%) per equity share of face value ₹2.00 each for FY 2025-26, subject to shareholder approval. The agenda includes the adoption of audited standalone and consolidated financial statements, the re-appointment of Mr. Rakesh Kumar Verma as Director, approval of material related party transactions with Gtropy Systems Private Limited for FY 2026-27, and the appointment of Mr. Rohan Verma as Joint Managing Director for five years effective July 1, 2026.

Financial Performance for FY 2025-26

The company reported steady operational metrics for FY 2025-26. The following table summarises the consolidated financial performance:

On a standalone basis, revenue from operations was ₹40,074 lakhs, registering a growth of 4.40% over ₹38,387 lakhs in the previous year, while standalone PAT stood at ₹13,793 lakhs. Consolidated Revenue from Operations stood at ₹47,410 lakhs and Consolidated PAT at ₹13,402 lakhs. Basic EPS on a standalone basis stood at ₹25.25 for FY 2025-26, compared to ₹27.56 in the previous year, and on a consolidated basis, Basic EPS stood at ₹24.56 as against ₹27.05 in FY 2024-25.

Business Highlights

The IoT-led business delivered revenue growth of 35% year-on-year to ₹158.6 Cr, while the Map-led business contributed ₹315.5 Cr. The open order book increased 17% to ₹1,754.4 Cr, providing 3–4 years of revenue visibility. New order bookings increased 24% YoY to ₹785.4 Cr. The Mappls App crossed 45 million cumulative downloads, with over 10 million downloads and pre-installations added during FY26. The company maintained Cash & Financial Investments of ₹685 Cr, sustaining a debt-free and highly liquid balance sheet.

The following table presents key order book metrics:

During FY26, the company made strategic investments including ₹2 Cr in IwayPlus Technologies Private Limited (acquiring 6.06% stake) and ₹2 Cr in Prashanth Advanced Survey LLP (acquiring 20% partnership interest). Total assets increased by 10.0% from ₹941.8 Cr in FY2025 to ₹1,036.1 Cr in FY2026, while total equity increased by 11.6% from ₹810.8 Cr to ₹905.2 Cr. The workforce expanded to 1,460 employees during FY26 compared to 1,292 employees in FY25. The AGM notice and annual report are available on the company's website and the stock exchange websites.