Key Highlights
- Q2 FY26 revenue from operations reached ₹113.8 crore.
- H1 FY26 revenue from operations rose 14.7% YoY to ₹235.4 crore.
- H1 FY26 EBITDA reported at ₹84.0 crore.
- H1 FY26 PAT stood at ₹64.3 crore.
- Mappls app user base crossed 40 million downloads.
- Company won ₹110 crore IOCL contract in October.
- Survey of India awarded National Geo-Spatial Platform mandate.
C.E. Info Systems(MapmyIndia) reported consolidated revenue of ₹113.8 crore in Q2 FY26, compared to ₹103.7 crore posted in the same quarter last year. For the first half of FY26, revenue from operations increased 14.7% year-on-year to ₹235.4 crore, showcasing strong demand across digital mapping, platform services and IoT offerings.
Financial Performance
Total income for H1 FY26 stood at ₹259.5 crore. EBITDA during the half year reached ₹84.0 crore, while profit after tax remained broadly stable at ₹64.3 crore. Q2 FY26 EBITDA margin stood at 24.7%, while H1 FY26 EBITDA margin was at 35.7%. PAT margin for the quarter came in at 14.9%. The company ended the period with cash and cash equivalents of ₹639.1 crore.
Business Momentum
The company noted an increase in platform adoption, with the Mappls mobile application surpassing 40 million downloads. During the period, the company secured contracts in multiple segments, including a ₹110 crore order from IOCL in October. Additionally, MapmyIndia has been awarded the mandate to build India’s first National Geo-Spatial Platform for Survey of India, a key project in the digital infrastructure space.
Segment Performance
Map-led business revenue reached ₹160.9 crore during H1 FY26, supported by stable recurring enterprise and OEM demand. The IoT business delivered ₹74.5 crore revenue in H1 FY26, reflecting strong traction in connected mobility, tracking and telematics solutions.
Strategic Outlook
The company continues to accelerate investments in next-generation mapping, deep-tech platforms and product innovation. Focus areas include strengthening enterprise IoT offerings, scaling new business verticals and expanding national and international digital platform coverage. Management reiterated long-term growth visibility supported by technology-led initiatives and sustained value creation.