Results - Analysis
C.E. Info Systems As on : 05-Aug-26  05:55

On consolidated basis

Quarter ended June 2026 compared with Quarter ended March 2026.

Net sales (including other operating income) of C.E. Info Systems has declined 3.67% to Rs 139.72 crore.  

Operating profit margin has declined from 44.65% to 40.17%, leading to 13.34% decline in operating profit to Rs 56.12 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 8.87% to 10.60%.   Purchase of finished goods cost fell from 6.00% to 5.03%.   Employee cost increased from 14.75% to 18.27%.   Other expenses fell from 26.49% to 25.99%.   Selling and administration expenses fell from 13.12% to 9.47%.   

Other income rose 10.70% to Rs 19.65 crore.  PBIDT fell 8.17% to Rs 75.77 crore.  Provision for interest rose 20% to Rs 0.18 crore.  

PBDT fell 8.22% to Rs 75.59 crore.  Provision for depreciation rose 15.68% to Rs 9.15 crore.  

Profit before tax down 10.76% to Rs 66.44 crore.  Share of profit/loss was 47.97% higher at Rs -0.64 crore.  Provision for tax was expense of Rs 16.06 crore, compared to Rs 22.29 crore.  Effective tax rate was 24.41% compared to 30.44%.

Net profit attributable to owners of the company decreased 1.97% to Rs 49.77 crore.  

Promoters' stake was 51.41% as of 30 June 2026 ,compared to 51.41% as of 31 March 2026 .  

Quarter ended June 2026 compared with Quarter ended June 2025.

Net sales (including other operating income) of C.E. Info Systems has increased 14.89% to Rs 139.72 crore.  

Operating profit margin has declined from 45.94% to 40.17%, leading to 0.45% rise in operating profit to Rs 56.12 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 3.89% to 10.60%.   Purchase of finished goods cost fell from 5.30% to 5.03%.   Employee cost decreased from 21.40% to 18.27%.   Other expenses rose from 23.59% to 25.99%.   Selling and administration expenses fell from 15.56% to 9.47%.   

Other income rose 43.75% to Rs 19.65 crore.  PBIDT rose 8.96% to Rs 75.77 crore.  Provision for interest fell 78.05% to Rs 0.18 crore.  

PBDT rose 10% to Rs 75.59 crore.  Provision for depreciation rose 32.99% to Rs 9.15 crore.  

Profit before tax grew 7.44% to Rs 66.44 crore.  Share of profit/loss was 59.24% higher at Rs -0.64 crore.  Provision for tax was expense of Rs 16.06 crore, compared to Rs 14.46 crore.  Effective tax rate was 24.41% compared to 23.99%.

Minority interest increased 90% to Rs -0.03 crore.  Net profit attributable to owners of the company increased 7.94% to Rs 49.77 crore.  

Promoters' stake was 51.41% as of 30 June 2026 ,compared to 51.65% as of 30 June 2025 .  

Full year results analysis.

Net sales (including other operating income) of C.E. Info Systems has increased 2.34% to Rs 474.1 crore.  

Operating profit margin has declined from 38.84% to 37.02%, leading to 2.45% decline in operating profit to Rs 175.51 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 1.85% to 6.94%.   Purchase of finished goods cost fell from 11.29% to 5.95%.   Employee cost increased from 17.84% to 19.11%.   Other expenses rose from 30.57% to 31.05%.   Selling and administration expenses fell from 21.31% to 15.88%.   

Other income fell 0.08% to Rs 52.4 crore.  PBIDT fell 1.91% to Rs 227.91 crore.  Provision for interest fell 43.85% to Rs 1.78 crore.  Loan funds declined from Rs 29.85 crore as of 31 March 2025 to Rs 7.04 crore as of 31 March 2026.  Inventories rose to Rs 17.45 crore as of 31 March 2026 from Rs 14.71 crore as of 31 March 2025.  Sundry debtors were higher at Rs 176.41 crore as of 31 March 2026 compared to Rs 133.00 crore as of 31 March 2025.  Cash and bank balance declined from Rs 138.29 crore as of 31 March 2025 to Rs 83.84 crore as of 31 March 2026.  Investments rose to Rs 516.94 crore as of 31 March 2026 from Rs 488.69 crore as of 31 March 2025 .  

PBDT fell 1.33% to Rs 226.13 crore.  Provision for depreciation rose 55.36% to Rs 30.42 crore.  Fixed assets increased to Rs 41.40 crore as of 31 March 2026 from Rs 39.96 crore as of 31 March 2025.  Intangible assets increased from Rs 51.50 crore to Rs 64.00 crore.  

Profit before tax down 6.63% to Rs 195.71 crore.  Share of profit/loss was 72.38% lower at Rs -6.74 crore.  Provision for tax was expense of Rs 54.95 crore, compared to Rs 58.1 crore.  Effective tax rate was 29.08% compared to 28.25%.

Net profit attributable to owners of the company decreased 8.85% to Rs 134.16 crore.  

Equity capital increased from Rs 10.88 crore as of 31 March 2025 to Rs 10.95 crore as of 31 March 2026.  Per share face Value remained same at Rs 2.00.  

Promoters' stake was 51.41% as of 31 March 2026 ,compared to 51.65% as of 31 March 2025 .  

Cash flow from operating activities decreased to Rs 93.33 crore for year ended March 2026 from Rs 113.15 crore for year ended March 2025.  Cash flow used in acquiring fixed assets during the year ended March 2026 stood at Rs 42.40 crore, compared to Rs 49.38 crore during the year ended March 2025.  

Management Commentary:

Rakesh Verma, Chairman & Managing Director, MapmyIndia, commenting on the Q1 FY27 results, said 'We began FY2027 with another quarter of profitable growth while continuing our evolution into India`s leading AI-powered deep-tech digital map data, geospatial software, and location-based IoT company. Revenue from Operations grew 15% year-on-year to Rs 139.7 crore, while EBITDA remained strong at Rs 56.1 crore with EBITDA margin at 40.2%, and PAT increased 8.6% YoY to ?49.7 crore with PAT margin at 31.2%. Our performance reflects the continued strength and moat of our products, platforms, APIs and solutions, alongside disciplined execution and continuously growing trust of customers across Automotive, Enterprise and Government segments.

As our business evolves, to help investors and analysts understand our business better, we are refining the way we present our segmental revenue. Beginning this quarter, we are reporting our market-wise segmental revenues across three customer-focused verticals - Automotive, Enterprise and Government - instead of the previously reported A&M and C&E market segments. This clearly reflects our revenue from these specific customer segments, and also how we organize our operations and pursue growth opportunities. We continue to report product-wise segmental revenue and profitability under the Map-led and IoT-led categories, as these remain the core pillars of our offerings across all our customer verticals.

This quarter also marks an important milestone in our leadership journey with the appointment of Rohan Verma as Joint Managing Director, subject to shareholder approval, effective 1st July 2026. Rohan has played a pivotal role, along with the team, in building upon our vision, developing our technology platforms, advancing innovative products and solutions trengthening our competitive position and market leadership, and now, shaping our Artificial Intelligence roadmap. His expanded responsibilities reflect our commitment to strengthening our leadership as we accelerate innovation, deepen customer engagement and build the next phase of MapmyIndia`s growth.

When it comes to AI, which is causing a paradigm shift and technological revolution in the world today, I would like to share that AI is not new to us. We have been using AI for the last 5+ years to update and enhance our maps. Additionally, we have been building AI capabilities into our products as well, to deliver more features and benefits to our customers. Now, we are leaning heavily into AI ' accelerating and increasing our push into AI-native product development, AI-native product offerings and AI-native organizational work. We see the coming time as the golden era for our company, and continue to stay focused on our mission and vision to deliver innumerable benefits to our customers and the world through maps and location technologies.

It is important to re-emphasise that we have spent the last 30+ years continuously envisioning the future and innovating at the cutting-edge of tech, building world-class products and solutions. This pioneering, comprehensive and extensive effort has resulted in us becoming a uniquely multi-product, multi-industry and multi-use case company, which offers a wide expanse of products, platforms, APIs and solutions to our customers, serving their multiple needs in a comprehensive and bespoke manner, and positioning us as an extremely valuable and differentiated digital transformation partner to them. We have a rich legacy of having served thousands of enterprise customers across all industry verticals with our products and solutions, giving newer customers confidence in working with us. And the more customers use us across different use cases, the more richer our products and solutions become. This is our moat, this is our flywheel, and this is our opportunity to keep growing and expanding our business in the time to come, unlocking more use cases for more customers through more of our products and solutions.'

 

C.E. Info Systems : Consolidated Results

Quarter ended Year ended Particulars 202606 202506 Var.(%) 202603 202503 Var.(%) Net Sales (including other operating income) 139.72 121.61 14.89 474.10 463.25 2.34 OPM (%) 40.17 45.94 -578 bps 37.02 38.84 -182 bps OP 56.12 55.87 0.45 175.51 179.91 -2.45 Other Inc. 19.65 13.67 43.75 52.40 52.44 -0.08 PBIDT 75.77 69.54 8.96 227.91 232.35 -1.91 Interest 0.18 0.82 -78.05 1.78 3.17 -43.85 PBDT 75.59 68.72 10.00 226.13 229.18 -1.33 Depreciation 9.15 6.88 32.99 30.42 19.58 55.36 PBT 66.44 61.84 7.44 195.71 209.6 -6.63 Share of Profit/(Loss) from Associates -0.64 -1.57 59.24 -6.74 -3.91 -72.38 PBT before EO 65.8 60.27 9.18 188.97 205.69 -8.13 EO Income 0 0 - 0 0 - PBT after EO 65.8 60.27 9.18 188.97 205.69 -8.13 Taxation 16.06 14.46 11.07 54.95 58.1 -5.42 PAT 49.74 45.81 8.58 134.02 147.59 -9.19 Minority Interest (MI) -0.03 -0.3 90.00 -0.14 0.4 LP Net profit 49.77 46.11 7.94 134.16 147.19 -8.85 P/(L) from discontinued operations net of tax 0 0 - 0 0 - Net profit after discontinued operations 49.77 46.11 7.94 134.16 147.19 -8.85 EPS (Rs)* 9.09 8.42 7.94 24.50 26.88 -8.85 * EPS is on current equity of Rs 10.95 crore, Face value of Rs 2, Excluding extraordinary items. # EPS is not annualised bps : Basis points EO : Extraordinary items Figures in Rs crore Source: Capitaline Corporate Database

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