Company Overview
C.E. Info Systems Limited (MapmyIndia) reported its financial and operational performance for FY 2025-26 through multiple regulatory filings including annual results, financial statements, and AGM notice.
Financial Performance
Consolidated Results: Revenue from operations grew 2.3% to ₹474.1 Cr (FY26) from ₹463.3 Cr (FY25) with EBITDA of ₹175.5 Cr maintaining strong margins of 37.0%. Net profit stood at ₹134.0 Cr with basic EPS of ₹24.56.
Standalone Performance: Revenue increased 4.4% to ₹400.7 Cr with net profit of ₹137.9 Cr and basic EPS of ₹25.25. The company maintained a debt-free balance sheet with cash and financial investments of ₹685 Cr.
Dividend Declaration
The Board recommended a final dividend of ₹3.50 per equity share (175%) aggregating ₹19.17 Cr, subject to shareholder approval at the 31st AGM scheduled for August 11, 2026.
Management Changes
Mr. Rohan Verma was appointed as Joint Managing Director effective July 1, 2026, for a 5-year term with annual remuneration of ₹1.50 Cr. Mrs. Rashmi Verma assumed additional responsibilities as Chief Human Resources Officer.
Operational Highlights
The company demonstrated strong operational performance with:
- Mappls App surpassing 45+ million cumulative downloads
- IoT-led business growing 35% YoY to ₹158.6 Cr revenue with 66% SaaS contribution
- Automotive & Mobility segment revenue growing 9% YoY to ₹230 Cr
- Executable order book of ₹1,754.4 Cr providing 3-4 years of revenue visibility
Investments & Subsidiaries
Subsidiary Investments: Made additional investment of ₹25 Cr in Gtropy Systems Private Limited, increasing ownership to 96%. Provided ₹65 Cr in loans to subsidiaries @ 6.50-7.50% interest, repayable after 3 years.
Subsidiary Structure: Includes Mappls DT Private Limited (100%), Gtropy Systems Private Limited (96%), and C.E. Info Systems International Inc. (100%). Associate companies include Kogo Tech Labs (40.17%) and Prashanth Advanced Survey LLP (20%).
Corporate Governance & AGM
The 31st Annual General Meeting will be held virtually on August 11, 2026, with key agenda items including:
- Adoption of financial statements
- Dividend declaration
- Re-appointment of Mr. Rakesh Kumar Verma
- Approval of material related party transactions with Gtropy Systems up to ₹205 Cr
- Appointment of Mr. Rohan Verma as Joint Managing Director
Forward Outlook
The company remains optimistic about long-term growth prospects supported by strong order pipeline, rising adoption of connected vehicles, increasing AI-powered geospatial technologies, and continued digital transformation across enterprises and government organizations.