New Delhi, Aug 05: C.E. Info Systems Ltd. (“MapmyIndia”), India’s leading deep-tech digital map data, geospatial software and location-based IoT products, platforms, APIs and solutions company, announced today its financial results for the First Quarter of FY2027 ended June 30th 2026.
Rakesh Verma, Chairman & Managing Director, MapmyIndia, commenting on the Q1 FY27 results, said “We began FY2027 with another quarter of profitable growth while continuing our evolution into India’s leading AI-powered deep-tech digital map data, geospatial software, and location-based IoT company. Revenue from Operations grew 15% year-on-year to ₹139.7 crore, while EBITDA remained strong at ₹56.1 crore with EBITDA margin at 40.2%, and PAT increased 8.6% YoY to ₹49.7 crore with PAT margin at 31.2%. Our performance reflects the continued strength and moat of our products, platforms, APIs and solutions, alongside disciplined execution and continuously growing trust of customers across Automotive, Enterprise and Government segments.
As our business evolves, to help investors and analysts understand our business better, we are refining the way we present our segmental revenue. Beginning this quarter, we are reporting our market-wise segmental revenues across three customer-focused verticals – Automotive, Enterprise and Government – instead of the previously reported A&M and C&E market segments. This clearly reflects our revenue from these specific customer segments, and also how we organize our operations and pursue growth opportunities. We continue to report product-wise segmental revenue and profitability under the Map-led and IoT-led categories, as these remain the core pillars of our offerings across all our customer verticals.
This quarter also marks an important milestone in our leadership journey with the appointment of Rohan Verma as Joint Managing Director, subject to shareholder approval, effective 1st July 2026. Rohan has played a pivotal role, along with the team, in building upon our vision, developing our technology platforms, advancing innovative products and solutions, strengthening our competitive position and market leadership, and now, shaping our Artificial Intelligence roadmap. His expanded responsibilities reflect our commitment to strengthening our leadership as we accelerate innovation, deepen customer engagement and build the next phase of MapmyIndia‘s growth.
When it comes to AI, which is causing a paradigm shift and technological revolution in the world today, I would like to share that AI is not new to us. We have been using AI for the last 5+ years to update and enhance our maps. Additionally, we have been building AI capabilities into our products as well, to deliver more features and benefits to our customers. Now, we are leaning heavily into AI – accelerating and increasing our push into AI-native product development, AI-native product offerings and AI-native organizational work. We see the coming time as the golden era for our company, and continue to stay focused on our mission and vision to deliver innumerable benefits to our customers and the world through maps and location technologies.
It is important to re-emphasise that we have spent the last 30+ years continuously envisioning the future and innovating at the cutting-edge of tech, building world-class products and solutions. This pioneering, comprehensive and extensive effort has resulted in us becoming a uniquely multi-product, multi-industry and multi-use case company, which offers a wide expanse of products, platforms, APIs and solutions to our customers, serving their multiple needs in a comprehensive and bespoke manner, and positioning us as an extremely valuable and differentiated digital transformation partner to them. We have a rich legacy of having served thousands of enterprise customers across all industry verticals with our products and solutions, giving newer customers confidence in working with us. And the more customers use us across different use cases, the more richer our products and solutions become. This is our moat, this is our flywheel, and this is our opportunity to keep growing and expanding our business in the time to come, unlocking more use cases for more customers through more of our products and solutions.”
Our Business Description: We are a Multi-Product, Multi-Industry, Multi-Use Case Products, Platforms, APIs & Solutions Company
We build and offer multiple products, for every industry, grouped as:
- Map-led
- Maps (across 2D/3D, SD/HD, Indoor/Outdoor, India/International, in the form of data/APIs)
- Navigation (for people/machines, embedded/mobile, outdoor/indoor)
- Analytics & Business Intelligence
- GIS & Digital Twins
- Workflow and Workforce Automation
- IoT-led
- IoT Hardware including GPS telematics, Dash Cameras, Infotainment Systems, Sensors, Drones and Custom-designed Electronics
- SaaS for Mobility (People Movement) and Logistics (Goods Movement) and Industrial (Facilities/Infrastructure)
For every industry, we can deliver to customers
- off-the-shelf ready products,
- modular platforms,
- APIs/SDKs for integration/embedding into their systems, and
- end-to-end comprehensive industry-specific solutions (Mappls Auto NCASE, Mappls Pro, Mappls BFI, Mappls Gov, Mappls Defence, Mappls Oil & Gas etc) tailored to their bespoke needs.
- This makes us both an OEM & FDE/Systems Integration Company (combining our OEM products and customer bespoke needs)
We serve multiple industries as explained earlier (with multiple use cases for each) grouped as:
- Automotive: Automotive OEMs & their Ecosystem
- Enterprise: All Private Sector organisations across industry sub-verticals (excluding Automotive)
- Government: All Public Sector organisations
- We cater to multiple use cases for our customers: For every customer, we offer multiple use cases to meet a variety of their needs, based on our products, platforms, APIs and solutions.
We earn revenue in the following manner:
- Product Licensing and Subscriptions (MaaS – Map as a Service, Saas – Software as a Services, PaaS – Platform as a Service)
- Device Sales & DaaS – Device as a Service
- Delivery of Solutions, Services and Systems Integration
- Pricing model is one of per vehicle, per API transaction, per user, per solution as applicable, for certain time periods
Market-wise segmental revenue reporting transitioning to Automotive, Enterprise and Government (AEG)
As our business evolves, to help investors and analysts understand our business better, we are refining the way we present our segmental revenue. Beginning this quarter, we are reporting our market-wise segmental revenues across three customer-focused verticals – Automotive, Enterprise and Government – instead of the previously reported A&M and C&E market segments. This clearly reflects our revenue from these specific customer segments, and also how we organize our operations and pursue growth opportunities.
Now onwards, we shall report market-wise segmental revenues across the following categories based on customer vertical:
- Automotive: covers Automotive OEMs (Passenger and Commercials Vehicles including 4W, 2W, 3W, and large vehicles across ICE, EV and other emerging technologies) and their captive ecosystem includes businesses driven by automotive OEMs and aftermarket.
- Enterprise: covers all private-sector organizations (excluding Automotive OEM ecosystem) includes New-age Technology Companies, E-commerce & Quick-Commerce, Consumer Internet, People Mobility & Goods Logistics Companies and Fleets, Manufacturing (such as Cement, Steel etc), BFSI, FMCG, Retail, Energy, Telecom, Healthcare,
Hospitality, Real Estate, SMEs etc. - Government: covers All public-sector organizations including Government Ministries and Departments at Central, State, and Local level, Defence, Armed Forces & Police organisations, National Mapping Agencies, Railways, and Public Sector Undertakings PSUs.