C.E. Info Systems (MapmyIndia) Reports Q2 FY2026 Financial Results

C.E. Info Systems Limited , the company behind MapmyIndia and MAPPLS, has released its unaudited financial results for the second quarter and first half of the fiscal year 2026, ending September 30, 2025. The company has shown notable performance in various financial metrics.

Key Financial Highlights

Metric	Q2 FY2026	Q2 FY2025	H1 FY2026	H1 FY2025	FY2025
Total Income	108.70	76.34	208.32	147.25	321.46
EBITDA	42.36	30.89	80.89	59.56	130.45
Profit Before Tax	43.85	33.56	84.25	64.77	141.45
Profit After Tax	33.24	25.41	63.80	49.08	108.22

All figures in ₹ crore

Performance Analysis

C.E. Info Systems has demonstrated strong growth in the second quarter of FY2026 compared to the same period last year:

Total Income: Increased by 42.39% year-over-year to ₹108.70 crore in Q2 FY2026.
EBITDA: Grew by 37.13% to ₹42.36 crore, indicating improved operational efficiency.
Profit Before Tax: Rose by 30.66% to ₹43.85 crore.
Profit After Tax: Increased by 30.81% to ₹33.24 crore.

The half-yearly results also show a positive trend, with total income for H1 FY2026 reaching ₹208.32 crore, a 41.47% increase from H1 FY2025.

Earnings Per Share

The company's earnings per share (EPS) have shown significant improvement:

Basic EPS: ₹6.20 for Q2 FY2026, up from ₹4.74 in Q2 FY2025.
Diluted EPS: ₹6.15 for Q2 FY2026, compared to ₹4.70 in Q2 FY2025.

For the half-year, the Basic EPS stands at ₹11.90, and the Diluted EPS at ₹11.81, showing substantial growth from the previous year's figures of ₹9.16 and ₹9.09, respectively.

Conclusion

C.E. Info Systems Limited has exhibited robust financial performance in Q2 and H1 of FY2026. The significant growth in total income, coupled with improved profitability metrics, suggests that the company's strategic initiatives and market positioning are yielding positive results. These results indicate the company's ability to grow revenue and maintain profitability in the digital mapping and location-based services market.

The company's focus on innovation and expansion in the digital mapping sector appears to be translating into tangible financial gains.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.67%	-3.19%	-4.50%	-17.70%	-3.42%	+22.58%

C.E. Info Systems Limited (MapmyIndia), India's leading digital maps and deep-tech products company, has announced robust financial results for the second quarter and first half of FY2026, alongside securing a significant new contract with Indian Oil Corporation Limited (IOCL).

Financial Highlights

MapmyIndia reported a strong year-on-year revenue growth of 9.7% for Q2 FY26 and 14.7% for H1 FY26, with revenue from operations reaching ₹235.4 crore in the first half of the fiscal year. The company's EBITDA for H1 FY26 grew by 4.7% to ₹84.0 crore, maintaining a healthy margin of 35.7%.

Particulars (₹ Cr)	Q2 FY26	Q2 FY25	YoY Growth	H1 FY26	H1 FY25	YoY Growth
Revenue from Operations	113.80	103.70	9.7%	235.40	205.20	14.7%
EBITDA	28.10	37.50	-25.0%	84.00	80.30	4.7%
PAT	18.50	30.40	-39.2%	64.30	66.20	-2.9%

While the company experienced a decline in quarterly profits, it maintained a strong financial position with cash and cash equivalents (including financial instruments) of ₹639.1 crore as of September 30, 2025.

Operational Highlights

MapmyIndia's map-led business continued to deliver steady performance, with revenues growing to ₹160.9 crore in H1 FY26 from ₹151.1 crore in H1 FY25, maintaining a healthy EBITDA margin of 47.3%. The IoT-led business showed strong revenue growth, rising to ₹74.5 crore from ₹54.0 crore in the prior period.

New Contract with IOCL

In a significant development, MapmyIndia has secured a ₹110.19 crore contract with Indian Oil Corporation Limited (IOCL). The five-year contract involves the comprehensive implementation and operation of IOCL's Central Vehicle Tracking and Management System. This includes pan-India provisioning and monitoring of IoT hardware, software, and services, as well as 24x7 command centre monitoring with alerts and reporting.

Strategic Investments and Partnerships

During the quarter, MapmyIndia made an additional investment of ₹2,499.95 lakhs to acquire a further 20.02% shareholding in its subsidiary, Gtropy Systems Private Limited, increasing its total stake to 96%. The company also holds the right to acquire the remaining 4% within four years.

MapmyIndia's consumer-facing Mappls app has seen significant growth, surpassing 40 million downloads and reinforcing its position as India's leading navigation platform.

Management Commentary

Rakesh Verma, Group Chairman & Managing Director of MapmyIndia, commented on the results: "Q2 FY26 was a quarter of focused investment, as MapmyIndia accelerated innovation to build and enhance our next generation of products and business offerings. Our core business remains strong with healthy margins, while new businesses in IoT, government sector, and international joint ventures are in investment and scale-up mode to address large market opportunities."

Future Outlook

MapmyIndia continues to focus on strategic growth and sustained value creation. The company has been awarded a contract by the Survey of India to develop the nation's first National Geo-Spatial Platform, a project of significant national importance that will support government applications by providing a unified foundation for geospatial data across sectors.

As MapmyIndia expands its presence in both the public and private sectors, it is well-positioned to capitalize on the growing demand for advanced mapping and IoT solutions in India and beyond.