MapmyIndia Q3 Revenue Rs 937 mn, Open Order Book Rs 17,707 mn

19 Feb 2026 CW Team

C.E. Info Systems Limited (MapmyIndia) reported consolidated results for the third quarter and nine months of fiscal year 2026 ended 31 December 2025. The company recorded revenue from operations of Rs 937 mn in the third quarter, a decline of 18.2 per cent year on year, while nine?month revenue stood at Rs 3,291 mn, an increase of two point nine per cent. Total income for the quarter was Rs 1,042 mn and for the nine months Rs 3,637 mn.

EBITDA for the third quarter was Rs 268 mn, down 35.8 per cent from the corresponding period last year, and EBITDA for the nine months was Rs 1,108 mn, a decrease of 9.1 per cent. The third quarter EBITDA margin was 28.6 per cent and the nine?month margin was 33.7 per cent, reflecting investments in product development. Profit after tax in the quarter was Rs 188 mn and for the nine months Rs 831 mn, both showing year on year moderation.

The company reported cash and cash equivalents including financial instruments of Rs 6,428 mn as of 31 December 2025, supporting liquidity for ongoing investments. MapmyIndia described the quarter as seasonally weak and said it had made major investments in intellectual property for navigation software and high?definition maps. Management indicated that the business had secured significant wins across sectors and that several project implementations were in the pipeline for completion in the final quarter of the fiscal year.

Management reaffirmed guidance that an EBITDA margin of 35 per cent remained the target on a full year basis and expressed expectation of stronger revenue growth in the fourth quarter compared with the prior year quarter. The open order book increased to Rs 17,707 mn as of 31 December 2025 from Rs 15,000 mn as of 31 March 2025, which the company said provided long?term revenue visibility. The company also noted that it implemented basic labour code rules in fiscal year 2023 and that statutory auditors observed no financial impact requiring provisions.

Infrastructure Urban

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