MapmyIndia Q2 FY27 Revenue Up 15.8% to ₹131.7 Cr, PAT Soars 90.6% to ₹35.3 Cr
MapmyIndia reported Q2 FY27 revenue growth of 15.8% YoY to ₹131.7 crore and H1 FY27 revenue growth of 15.3% YoY to ₹271.5 crore. PAT for Q2 FY27 surged 90.6% to ₹35.3 crore, while H1 FY27 PAT grew 32.2% to ₹85 crore. Automotive segment revenue grew significantly, supported by Enterprise segment growth.
The announcement details strong financial results with substantial growth in revenue and profitability, which are key performance indicators for investors. The positive outlook and growth drivers mentioned in the management commentary are likely to have a significant impact on investor sentiment and the company's stock performance.
The company has reported strong year-on-year growth in revenue and significant improvements in profitability (EBITDA and PAT) for both Q2FY27 and H1FY27. Positive growth across key segments like Automotive and Enterprise, coupled with a strong cash position, indicates a healthy financial performance.
C.E. Info Systems Limited (MapmyIndia) has announced its financial results for the second quarter and first half of fiscal year 2027 (Q2FY27 and H1FY27). The company reported a robust growth in revenue from operations, which increased by 15.8% year-on-year to ₹131.7 crore in Q2FY27. For the first half of FY27, revenue grew by 15.3% to ₹271.5 crore.
Profitability saw a significant improvement. In Q2FY27, EBITDA grew by 60.1% to ₹45.0 crore, and Profit After Tax (PAT) surged by 90.6% to ₹35.3 crore. For H1FY27, EBITDA increased by 20.4% to ₹101.1 crore, and PAT grew by 32.2% to ₹85 crore. The company maintained a strong cash position, with cash and cash equivalents at ₹730.3 crore.
The Automotive segment demonstrated strong year-on-year growth of 51.9% in Q2FY27 and 40.4% in H1FY27, driven by the increasing adoption of integrated Map-led and IoT-led mobility solutions. The Enterprise segment also recorded healthy growth, with 44.1% in Q2FY27 and 16.5% in H1FY27. Government segment revenue saw a decline compared to the previous year due to a one-off revenue win in the prior year, though it grew sequentially in Q2FY27.
From a product perspective, Map-led revenue grew 8.9% to ₹175.3 crore in H1FY27, with stable EBITDA margins of 47.1%. IoT-led revenue grew by 29.1% to ₹96.2 crore in H1FY27, with significantly improved EBITDA margins. The company is also focusing on embedding AI, Machine Learning, and neural networks across its platforms to drive future growth.
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