News Earnings CE Info Systems Q3FY26 Earnings Call: Order Book Grows to ₹1,770 Crores Despite Weak QuarterCE Info Systems Q3FY26 Earnings Call: Order Book Grows to ₹1,770 Crores Despite Weak Quarter
CE Info Systems completed Q3FY26 regulatory filings and conducted earnings call discussing challenging quarterly performance attributed to delayed deliveries and government project delays. Despite weak quarter, company reported strong order book growth from ₹1,500 crores to ₹1,770 crores, representing ₹600 crores in new bookings. Management maintained FY28 revenue target of ₹1,000 crores and emphasized focus on AI-integrated solutions while confirming 35% EBITDA margin guidance for FY26.
*this image is generated using AI for illustrative purposes only.
CE Info Systems Limited has completed its Q3FY26 financial reporting cycle, submitting quarterly results to stock exchanges and conducting an earnings call with analysts and investors. The company acknowledged a challenging quarter while highlighting strong order book growth and reaffirming long-term revenue targets.
Regulatory Compliance and Financial Results Filing
The company submitted its standalone and consolidated unaudited financial results for the quarter ended December 31, 2025 to both BSE and NSE on February 15, 2026. The filing was completed under Regulation 33 by Company Secretary & Compliance Officer Saurabh Surendra Somani.
| Filing Details: | Information |
|---|---|
| BSE Scrip Code: | 543425 |
| NSE Symbol: | MAPMYINDIA |
| Filing Date: | February 15, 2026 |
| Quarter Ended: | December 31, 2025 |
| Publication: | Financial Express, Jansatta |
Q3FY26 Earnings Call Highlights
CE Info Systems conducted its Q3FY26 earnings conference call on February 16, 2026, hosted by DAM Capital. The management team included Co-Founder and Chairman Rakesh Verma, Managing Director Rohan Verma, CFO Anuj Jain, COO Sapna Ahuja, and President Government Business Nikhil Kumar.
Chairman Rakesh Verma openly acknowledged the quarter's weak performance from investors' perspective, attributing it to delayed deliveries and customer-requested project modifications. Despite quarterly challenges, the company reported significant progress in order book expansion.
Strong Order Book Growth
The company disclosed substantial growth in its open order book, which increased from ₹1,500 crores at the beginning of the year to ₹1,770 crores as of December 31, 2025. This represents new order bookings worth ₹600 crores during the period.
| Order Book Metrics: | Amount |
|---|---|
| Opening Order Book: | ₹1,500 crores |
| Current Order Book: | ₹1,770 crores |
| New Orders Booked: | ₹600 crores |
| FY28 Target: | ₹2,000 crores |
Business Performance and Challenges
The Corporate & Enterprise (C&E) segment experienced the largest decline, with approximately 60-70% attributed to government business delays. Management cited delayed fiscal grants to states for national flagship projects and election-related work stoppages in Maharashtra and Bihar as primary factors.
Government business represents approximately 20% of total revenue, maintaining similar levels to the previous year's 18-19%. The company's revenue mix shows a 50-50 split between government and corporate clients within the C&E segment.
Future Outlook and Strategic Focus
Despite quarterly challenges, CE Info Systems reaffirmed its FY28 revenue target of ₹1,000 crores and maintained guidance for 35% EBITDA margin in FY26. The company emphasized increased focus on AI-integrated products and solutions, responding to customer demand for advanced technology integration.
The MapmyIndia app has achieved 45 million downloads with 100 million Monthly Active Users across all platforms. Management expressed confidence in Q4FY26 performance improvement and continued order book growth, positioning the company for long-term growth targets.
Historical Stock Returns for CE Info Systems
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.55% | -4.70% | -20.99% | -39.43% | -40.24% | -28.32% |
17
