CE Info Systems Limited (MapmyIndia) announced its Q3FY26 financial results on February 13, 2026, reporting consolidated revenue of ₹93.7 crore and net profit of ₹18.8 crore for the quarter ended December 31, 2025. The company's open order book has grown significantly to ₹1,770.7 crore, providing strong revenue visibility for future quarters.

Q3FY26 Financial Performance

The company's quarterly results show a mixed performance with revenue declining year-over-year but maintaining healthy profitability margins. Total income for the quarter stood at ₹104.2 crore compared to ₹123.9 crore in Q3FY25.

Nine-Month Performance Overview

For the nine months ended December 31, 2025, MapmyIndia demonstrated resilient performance with revenue growth of 2.9% year-over-year. The company maintained strong cash reserves and improved total income growth.

Strategic Investment and Order Book Growth

The Board approved a strategic investment of ₹2 crore for a 20% partnership stake in Prashant Advanced Survey LLP, specializing in HD mapping and surveying. This investment supports MapmyIndia's initiative to build next-generation HD maps across the country.

Management Commentary

Rakesh Verma, Group Chairman & Managing Director, attributed the quarterly weakness to seasonality and highlighted major investments in Navigation Software and HD Maps intellectual property. He expressed confidence in achieving the 35% EBITDA margin guidance on a full-year basis and expects stronger revenue growth in Q4FY26 compared to Q4FY25. The company has implemented basic Labor Code rules since FY23 with no additional financial impact anticipated.

CE Info Systems Limited has successfully completed its acquisition of stake in Iwayplus Private Limited, marking a significant corporate development for the mapping and location intelligence company. The transaction, valued at approximately ₹2.00 crores, was completed and disclosed to stock exchanges on January 15, 2026.

Transaction Details

The acquisition involved the purchase of Compulsorily Convertible Preference Shares (CCPS) in Iwayplus Private Limited. The company provided comprehensive details of the transaction structure and financial terms.

Regulatory Compliance

The acquisition completion was disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows the company's initial announcement on January 12, 2026, when it first informed about the planned acquisition of stake in Iwayplus Private Limited.

The disclosure was made to both major Indian stock exchanges where CE Info Systems shares are listed. The company trades on BSE under scrip code 543425 and on NSE under the symbol MAPMYINDIA.

Corporate Communication

The formal communication to stock exchanges was signed by Saurabh Surendra Somani, Company Secretary & Compliance Officer of CE Info Systems Limited. The digitally signed disclosure ensures transparency and maintains regulatory compliance standards required for listed companies.

This acquisition represents CE Info Systems' continued focus on strategic investments and business expansion activities. The completion of this transaction adds to the company's portfolio of investments and strategic partnerships in the technology sector.