C.E. Info Systems Limited (NSE:MAPMYINDIA), the operator of the MapMyIndia and Mappls platforms, held a board meeting on 4 August 2026 and approved unaudited standalone and consolidated financial results for the first quarter ended 30 June 2026, along with a change in directorship at a material wholly owned subsidiary.
Key Highlights
- Consolidated revenue from operations for Q1 FY27 stood at Rs 13,972 lakh, compared with Rs 12,161 lakh in Q1 FY26, representing year-on-year growth.
- Consolidated net profit after tax, including the share of associates and joint ventures, was Rs 4,974 lakh for Q1 FY27, up from Rs 4,581 lakh in Q1 FY26.
- Basic earnings per share on a consolidated basis for Q1 FY27 were Rs 9.09, against Rs 8.48 in the corresponding quarter of the prior year.
- Mr. Nikhil Kumar stepped down as Whole Time Director of Mappls DT Private Limited, a material wholly owned subsidiary, effective close of business on 3 August 2026.
About the Company
C.E. Info Systems Limited, listed on NSE under the ticker MAPMYINDIA, is headquartered at Okhla Industrial Estate, New Delhi. The company develops and licences digital maps, geospatial software, location-based services, and navigation solutions under the MapMyIndia and Mappls brands, serving automotive OEMs, enterprises, government agencies, and consumers across India.
Announcement in Detail
The board meeting, which commenced at 10:30 AM and concluded at 3:05 PM on 4 August 2026, approved the unaudited consolidated financial results for Q1 FY27. On a consolidated basis, total income was Rs 15,937 lakh, profit before tax was Rs 6,644 lakh, and total tax expense was Rs 1,606 lakh. Net profit after tax before associates and joint ventures was Rs 5,038 lakh. After deducting the combined share of loss from associates and joint ventures of Rs 64 lakh, net profit stood at Rs 4,974 lakh. Total comprehensive income attributable to owners was Rs 4,968 lakh.
The results were reviewed and recommended by the Audit Committee, and a Limited Review Report was issued by statutory auditors MSKA & Associates LLP under Regulation 33 of the SEBI LODR Regulations, 2015. Separately, the board noted that Mr. Nikhil Kumar (DIN: 08583817) resigned as Whole Time Director of Mappls DT Private Limited with effect from close of business on 3 August 2026.
Impact on Investors
The filing shows consolidated revenue from operations grew from Rs 12,161 lakh in Q1 FY26 to Rs 13,972 lakh in Q1 FY27, while net profit including associates rose from Rs 4,581 lakh to Rs 4,974 lakh over the same period. Investors will note that basic EPS improved to Rs 9.09 from Rs 8.48 year on year on a consolidated basis.
Shareholders will observe that the auditors' conclusion on the consolidated statement relies partly on management-certified interim financials for one subsidiary and an unreviewed joint venture, as disclosed in the Limited Review Report. The change in directorship at Mappls DT Private Limited, classified as a material wholly owned subsidiary, is a governance disclosure under Regulation 30 of the SEBI LODR Regulations and does not alter the group's reported financial position for the quarter.
Sector / Market Context
India's geospatial and digital mapping sector has seen growing policy support following the Government of India's liberalisation of geospatial data guidelines in 2021, which allowed domestic companies to collect, prepare, and disseminate geospatial data with fewer restrictions. Demand for location intelligence services in automotive, logistics, and government segments continues to expand alongside broader digital infrastructure development.