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C.E. Info Systems
C.E. Info Systems (MAPMYINDIA) investor relations material
C.E. Info Systems Q2 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 25/26 earnings summary11 Nov, 2025
Executive summary
Achieved significant progress in government and enterprise verticals, securing landmark contracts with IOCL and Survey of India, and signing MoUs with DMRC and India Post, expanding presence in public sector and infrastructure projects.
Focused on next-generation product and technology development, leveraging the Mappls app's growing user base (over 40 million downloads) to enhance B2B and B2B2C business traction.
Strategic wins in automotive, government, and enterprise sectors, with continued expansion in IoT and international joint ventures.
Board approved unaudited standalone and consolidated financial results for Q2 and H1 ended September 30, 2025, with a clean limited review report from auditors.
Additional investment made to increase stake in Gtropy Systems Private Limited to 96%.
Financial highlights
H1 FY26 consolidated revenue grew 14.7% year-over-year to ₹235.4 crore, with EBITDA at ₹84 crore and PAT stable at ₹64.3 crore, despite increased investments.
IoT-led business revenue rose to ₹74.5 crore from ₹54 crore year-over-year, reflecting nearly 50% growth.
Mappls business maintained a strong EBITDA margin of 47.3% in H1 FY26.
Cash and cash equivalents increased to ₹639.1 crore as of September 30, 2025, supporting ongoing investments and acquisitions.
Standalone revenue for H1 FY26 was ₹188.14 crore, up from ₹170.03 crore in H1 FY25.
Outlook and guidance
Management reaffirmed the FY28 revenue target of ₹1,000 crore, maintaining a 20-25% annual growth aspiration and 35-40% margin range.
Investments in government and IoT projects expected to decrease in coming quarters, with margins anticipated to improve.
Large opportunities seen in government, railways, defense, and municipal sectors, with recurring revenue potential from platform-led contracts.
The new IOCL contract is expected to drive future revenue and operational growth over the next five years.
Strategic focus on growth and sustained value creation for stakeholders remains unchanged for the year.
Recurring revenue from new govt platforms?
When will EBITDA margins normalize?
Mappls app's B2B/B2B2C business impact?
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Record revenue, improved margins, and robust order backlog set the stage for 2026 growth.
Next C.E. Info Systems earnings date
Q3 25/2611 Feb, 2026
C.E. Info Systems
Next C.E. Info Systems earnings date
Q3 25/2611 Feb, 2026
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Frequently asked questions
C.E. Info Systems Limited, operating under the brand name MapmyIndia, is an Indian company specializing in digital mapping, geospatial software, and location-based technologies. The company provides solutions for navigation, tracking, and geospatial data across industries such as automotive, logistics, e-commerce, and telecommunications. MapmyIndia's offerings include advanced mapping platforms, GPS devices, and application programming interfaces (APIs) that enable businesses to integrate location intelligence into their operations. The company is headquartered in New Delhi, India, and its shares are listed on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) of India.
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