C.E. Info Systems Ltd(MAPMYINDIA)

NSE: MAPMYINDIABSE: 543425

₹ 825.5+0.55%refreshed 26 Oct, 03:30 pm ISTMarket cap: ₹ 4,525 crWebsite: www.mapmyindia.comUpdated: 24 Oct 2026

About

C.E. Info Systems Ltd (MapmyIndia) is India's premier geospatial and location intelligence platform company, offering proprietary digital maps, navigation, IoT-connected mobility, and enterprise location software under the MapmyIndia brand in India and the Mappls brand globally. The company reported ₹474.1 Cr revenue in FY26 and carries an open order book of ₹1,754 Cr. It serves automotive OEMs, enterprises, government agencies, and consumers across India, with an expanding international presence in Southeast Asia.^[1][2][3]

Business segments

From Q1 FY27, the company reports three customer-focused verticals: Automotive (42% of revenue), Enterprise (46%), and Government (12%), replacing the prior A&M / C&E split.^[4]
Map-led business contributed ₹315.5 Cr (~66.5% of FY26 operating revenue), with EBITDA of ₹149.5 Cr and EBITDA margin of 47.4% in FY26.^[1]

Products and services

The company offers proprietary Digital Maps as a Service (MaaS), Platform as a Service (PaaS), and SaaS, along with advanced APIs, navigation systems, geospatial analytics, AI/ML-powered mapping solutions, and IoT platforms.^[1]
The Automotive & Mobility segment (FY26 revenue ₹230 Cr, +9% YoY) provides built-in navigation and connected mobility to 4-wheelers, 2-wheelers, and CVs; 3.5 million+ new vehicles shipped with Mappls technology in FY26, up 16% from 3 million in FY25.^[1][3]
IoT offerings include fleet and asset tracking, the Workmate AI-driven field workforce solution, and connected mobility platforms; more than 1.8 lakh new IoT devices were sold and rented in FY26.^[1]
In FY26 the company launched Geo-Verify, an AI-powered location verification platform for the banking sector, built on proprietary Geo-LLM technology trained on MapmyIndia mapping datasets.^[1]
The company is investing in AI-driven geospatial analytics, Digital Twin and simulation technologies, real-time mapping, drone technologies, and integrated IoT and connected mobility platforms.^[1]

Consumer platform reach

The Mappls consumer app crossed 45 million cumulative downloads with 10 million+ added in FY26; the broader Mappls platform (APIs, SDKs, data products) reached 100 million Monthly Active Users as of Q3 FY26.^[1][5]
Platform customers on MaaS/SaaS/PaaS grew to 1,150+ in FY26, up from 1,000 in FY25.^[3]

Key operating numbers

Automotive segment revenue: ₹58.8 Cr in Q1 FY27, up 29% YoY from ₹45.7 Cr in Q1 FY26; Enterprise ₹64.2 Cr (+6% YoY); Government ₹16.7 Cr (+11% YoY).^[4]
IoT-led revenue grew 75% YoY to ₹41.1 Cr in Q1 FY27 (from ₹23.4 Cr in Q1 FY26); IoT EBITDA margin improved 440 bps to 13.1% from 8.7%.^[4]
Map-led revenue was stable at ₹98.7 Cr in Q1 FY27 vs ₹98.2 Cr in Q1 FY26; Map-led EBITDA margin was 51.4% in Q1 FY27, down from 54.8% due to a ₹4 Cr one-time government customer write-off.^[4]
Blended EBITDA margin was 40.2% in Q1 FY27, down from 45.9% in Q1 FY26, impacted by higher IoT hardware mix and the ₹4 Cr write-off; excluding the write-off, margin would have been 43%+.^[4]
New annual order bookings grew to ₹785.4 Cr in FY26 from ₹633.5 Cr in FY25; open order book reached ₹1,754.4 Cr at FY26 end, up 17% YoY, with an estimated 3 - 4 year conversion horizon.^[3]
Attrition rate was 14% in FY26, up from 11.2% in FY25.^[3]

Customers and distribution

Major vehicle launches with Mappls technology in FY26 included Maruti e-Vitara, Mahindra 7X0, Tata Sierra EV, and TVS Apache RTR 160.^[1]
Enterprise customers include a leading quick-delivery company (multi-year API partnership), a private sector bank using APIs for loan sourcing, and India Post (DIGIPIN base maps MoU).^[6]
Government business generated billings exceeding ₹100 Cr and cash collections exceeding ₹100 Cr in FY26, with government revenues approximately 20% of total FY26 revenues; ~90% of government work is centrally funded.^[1][5]
Workmate workforce solution expanded internationally with its first Southeast Asian client in the Oil & Gas sector in FY26.^[1]

Subsidiaries and international presence

Mappls DT Private Limited (formerly Vidteq) is a wholly owned subsidiary engaged in digital mapping and geospatial technologies; it became a material subsidiary effective April 1, 2026.^[1]
PT Terra Link Technologies (TerraLink) is a 40%-held joint venture with Hyundai AutoEver Corporation, incorporated in Indonesia in November 2024 to develop business across Southeast Asia; JV losses ran at approximately ₹2 Cr per quarter impact on consolidated PAT as of Q3 FY26.^[1][5]
C.E. Info Systems International Inc. is a wholly owned U.S.-based subsidiary operating as a reseller of MapmyIndia products and services in international markets.^[1]

Recent developments

Rohan Verma was appointed Joint Managing Director effective July 1, 2026 (subject to shareholder approval), formalising leadership succession with responsibility over AI roadmap, technology platforms, and strategic growth.^[4]
In October 2025, MapmyIndia signed a ₹110 Cr, 5-year IoT contract with IOCL for a centralised vehicle tracking and management system covering ~23,000 LPG trucks across 150 supply locations pan-India.^[6]
MapmyIndia was awarded a contract by Survey of India to build India's first National Geo-Spatial Platform, a contract of undisclosed value that management frames as the geospatial equivalent of Aadhaar/UPI digital public infrastructure.^[6]
The company shifted segment reporting from A&M / C&E to three verticals - Automotive, Enterprise, Government - starting Q1 FY27, with historical nine-quarter trends retroactively disclosed.^[4]

Market Cap

₹4,525 Cr

High / Low

₹1,894 / 795

Stock P/E

32.7

Price / Book

5.0

Book Value

₹165

EPS

₹24.5

No. of Shares

5.48 Cr

ROCE

22.1%

ROE

15.8%

OPM

37.5%

Debt / Equity

0.00

Sales

₹474 Cr

Net Profit

₹134 Cr

Promoter holding

51.4%

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