MapmyIndia Q4 Profit Jumps 28% YoY to ₹48.6 Crore; Revenue Up 34%

12 May 2025 , 01:15 PM

CE Info Systems Ltd, which is also referred to as MapmyIndia, reported Q4 figures on May 9, with a robust year-on-year improvement of 28.2% in net profit, which came at ₹48.6 crore. The firm has recorded a net profit of ₹37.9 crore of the previous fiscal’s comparable quarter.

The firm’s operations revenue increased by 34.2% year on year to ₹144 crores during Q4FY25. Operations revenue of ₹107 crores was recorded in the same quarter of the previous fiscal. The growth in Q4 FY 25 is driven by strong demand for its digital mapping and IoT offerings.

EBITDA increased 46% YoY to ₹58 crore during Q4, from ₹39.7 crore in the same quarter last year. The EBITDA margin fell slightly to 34.4% from 37% YoY due to a change in the business mix. The Map-driven business had a high EBITDA margin of 47%, and though the IoT-driven business margin, which rose from 12% to 14% YoY, benefited from a pick-up in SaaS-based revenues and a favorable product mix,

CE Info Systems had a robust open order book standing at ₹1,500 crore as of FY25 with a sturdy runway towards reaching its longer-term revenue target of ₹1,000 crore by FY28. In FY25, Consumer Tech & Enterprise Digital Transformation company revenue rose 30% YoY to ₹252.5 crore, and Automotive & Mobility Tech rose 13% to ₹210.8 crore.

The map-driven revenue jumped 29% to ₹345.6 crore, and IoT-driven revenue grew 5% to ₹117.7 crore, reflecting consistent strength in the two segments. The auto business of MapmyIndia progressed further with more than 3 million new vehicles (two-wheelers, four-wheelers, ICE, and EV) being licensed with its technology during FY25, compared to 2.5 million vehicles during FY24. The board of directors proposed a final dividend of ₹3.50 on face value equity shares of ₹2 per share, or a 175% payout, pending shareholders’ approval.