Event Type: The document is a regulatory filing containing the full transcript of the Q2 FY2027 Earnings Conference Call hosted by DAM Capital Advisors Limited.
Event Date & Time: The conference call was held on November 04, 2026. A specific time was not mentioned in the transcript.
Purpose of Event: The call was held to discuss the financial results of the Company for the quarter ended September 30, 2026 (Q2 FY27).
Management Participants: The management was represented by Mr. Rakesh Verma (Co-Founder, Managing Director and Group Chairman) and Mr. Rohan Verma (Joint Managing Director). The call was moderated by Mr. Anmol Garg from DAM Capital Advisors.
Availability of Materials: The company disclosed that the transcript and related information are available on its website at www.mapmyindia.com.
Financial Highlights Discussed: The management discussed detailed financial and operational performance for Q2 FY27 and H1 FY27.
Q2 FY27 Performance (YoY): Revenue grew 15.8%, EBITDA grew 60%, and Profit After Tax (PAT) grew 90%.
H1 FY27 Performance (YoY): Revenue grew 18.4%, EBITDA grew 20.4%, and PAT grew 32%.
Segment-wise Revenue (Q2 FY27): Map-led business revenue was INR 76.7 Crores with an EBITDA margin of 41.6%. IoT-led business revenue was INR 55.1 Crores with an EBITDA margin of 23.8%.
Segment-wise Growth (Q2 YoY): Automotive segment grew 52%; Enterprise segment grew 44%. The Government segment degrew due to a one-off revenue win in the base quarter (Q2 FY26).
Business Updates: Management highlighted key business wins, including a contract renewal with a leading 2-wheeler OEM, new deals in commercial vehicle navigation, and large enterprise wins in last-mile delivery, quick commerce, BFSI (Geo-Verify/Geo-Fi), and telecom. A major IoT project in the oil & gas sector (a digital twin) and a first win in the national disaster response segment were also discussed.
Guidance & Outlook: Management reiterated its expectation to maintain a consolidated EBITDA margin of 35% plus for FY27. The H1 FY27 EBITDA margin was 37.2%. They expressed a bullish outlook for H2 FY27, citing a substantial open order book and recent project go-lives (e.g., the oil & gas IoT subscription) as growth drivers. They did not provide specific revenue growth guidance but indicated encouraging momentum.
Financial Management: The company reported that inventory has been reduced by half, customer collection timelines are steady, cash flows are strong, and supplier accounts are being settled faster.
Strategy & Investments: The management emphasized ongoing investments in technology and strengthening the leadership team. They are embedding AI, ML, and neural networks across their Map-led and IoT-led platforms to drive future innovation and growth.
Additional Notes Section
The document is a formal submission letter to the BSE and NSE, enclosing the earnings call transcript as a compliance requirement.
The transcript includes a full Question & Answer session with analysts from DAM Capital Advisors, Kriss PMS, and CWC Advisors. Key discussion points included seasonality in the enterprise business, the growth outlook for H2 FY27, the improvement in IoT margins, the composition of receivables (with ~INR 100 Cr from government projects), and the company's various revenue models (license, transaction-based, etc.).
Attachments: The submission includes the full transcript of the earnings call. There was no mention of a presentation deck or investor invite being attached to this specific filing.
