Board Meeting Details

The Board meeting commenced at 10:30 AM and concluded at 3:05 PM on August 04, 2026.

Key Agenda Items Approved

1. Financial Results Approval

The Board approved the Un-Audited Standalone and Consolidated Financial Results for the 1st Quarter ended June 30, 2026, along with the Limited Review Report issued by the statutory auditors MSKA & Associates LLP. The results were reviewed and recommended by the Audit Committee.

2. Subsidiary Management Change

Mr. Nikhil Kumar (DIN: 08583817) stepped down as Whole Time Director of Mappls DT Private Limited, a material wholly owned subsidiary of the Company, effective closure of business hours on August 03, 2026.

Financial Performance Highlights

Consolidated Results (Q1 FY27 vs Q1 FY26)

  • Revenue from operations: ₹13,972 lakhs vs ₹12,161 lakhs (14.9% increase)
  • Total income: ₹15,937 lakhs vs ₹13,589 lakhs
  • Net profit after tax: ₹5,038 lakhs vs ₹4,738 lakhs (6.3% increase)
  • Share of loss from associates and joint venture: ₹64 lakhs vs ₹157 lakhs
  • Net profit including share of associates/joint venture: ₹4,974 lakhs vs ₹4,581 lakhs (8.6% increase)
  • Basic EPS: ₹9.09 vs ₹8.48
  • Diluted EPS: ₹9.05 vs ₹8.39

Standalone Results (Q1 FY27 vs Q1 FY26)

  • Revenue from operations: ₹12,448 lakhs vs ₹10,265 lakhs (21.3% increase)
  • Total income: ₹14,286 lakhs vs ₹11,693 lakhs
  • Net profit after tax: ₹5,542 lakhs vs ₹5,035 lakhs (10.1% increase)
  • Basic EPS: ₹10.12 vs ₹9.25
  • Diluted EPS: ₹10.08 vs ₹9.16

Revenue Breakdown (Consolidated)

  • Sale of devices: ₹2,311 lakhs (16.5% of revenue)
  • Sale of map data and services (MAAS, PAAS, SAAS): ₹11,661 lakhs (83.5% of revenue)

Cost Breakdown (Consolidated)

  • Hardware material: ₹1,524 lakhs
  • Software material including SIM rental: ₹643 lakhs
  • Employee benefits expense: ₹2,556 lakhs
  • Technical services outsource and project software: ₹1,325 lakhs
  • Depreciation and amortization: ₹915 lakhs

Subsidiary and Associate Details

The consolidated results include:

  • 3 wholly owned subsidiaries: Gtro Systems Private Limited, Mappls DT Private Limited, C.E. Info Systems International Inc USA
  • 2 associates: KoTH Labs Private Limited, ISUM Partners LLP
  • 1 joint venture: PT Link Technology Indonesia

Auditor Review

MSKA & Associates LLP issued unmodified limited review reports for both standalone and consolidated financial results. The review noted reliance on other auditors for associates' financial information and management-certified results for one subsidiary and joint venture.

Subsidiary Director Resignation Details

  • Name: Mr. Nikhil Kumar (DIN: 08583817)
  • Position: Whole Time Director
  • Effective date: August 03, 2026 (closure of business hours)
  • Reason: Stepped down

Segment Information

The company operates in a single business segment: "Map data and Map data related services and devices (GPS navigation, location-based services and IoT)".

#Tags #C.E.InfoSystemsLimited #Q1Results #SEBIDisclosure #ManagementChange #Neutral