C.E. Info Systems Ltd

MapmyIndia’s Growth Surge: 40M+ App Downloads, ₹110Cr IOCL Deal & Strong H1 FY26 Numbers 📊📍

- Mappls app surpasses 40M downloads, cementing its lead in India’s navigation space.

- Secures ₹110Cr contract with Indian Oil Corporation (IOCL) and a landmark deal with Survey of India for India’s first National Geo-Spatial Platform.

- H1 FY26 revenue grows 14.7% YoY to ₹235.4Cr; EBITDA at ₹84Cr (+4.7%).

- Map-led business revenue rises to ₹160.9Cr (EBITDA margin: 47.3%).

- IoT-led revenue jumps 37.9% to ₹74.5Cr, though margins dip to 10.6% due to one-off costs for Gtropy acquisition.

- Consumer Tech & Enterprise Digital Transformation (C&E) sector grows 19% YoY.

- Key partnerships: private bank, payments provider, and e-commerce player.

- Govt projects include Central Pollution Control Board (CPCB) and Assam’s Urban Affairs Dept.

- India Post MoU signed for DIGIPIN addressing integration.

- Top shareholders: PhonePe (13.7%), Zenrin (3.4%), Tata Mutual Fund (3.4%).

- Strong cash reserves: ₹639.1Cr as of H1 FY26.