Results · Enterprise Software & IT

MapmyIndia Q4 profit jumps 2.7x sequentially to ₹50.9 Cr

What they do

MapmyIndia generates 87.7% of its operating revenue from map data and services, with the rest from device sales

Profit for Q4 FY26 rose 4% YoY to ₹50.9 Cr, and nearly tripled from ₹18.7 Cr in Q3 FY26

Annual revenue for FY26 rose 2.3% to ₹474.1 Cr, but net profit declined 9.2% to ₹134 Cr from ₹147.6 Cr in FY25

MapmyIndia reported a net profit of ₹50.9 crore for Q4 FY26, up 4% from ₹49 crore in the same period last year.
Profit nearly tripled sequentially from ₹18.7 crore in Q3 FY26.
Operating revenue for the quarter rose marginally to ₹145 crore from ₹143.6 crore in Q4 FY25.
For the full year FY26, revenue increased 2.3% to ₹474.1 crore from ₹463.6 crore in FY25.
Annual net profit declined 9.2% to ₹134 crore from ₹147.6 crore in FY25.
The company’s primary revenue source is digital map data, GPS navigation, location-based services, and IoT, contributing 87.69% of total operating revenue.

The company’s profit growth in Q4 was driven by improved business activity and stronger execution.
Despite a decline in annual net profit, the company reported a significant sequential jump in quarterly earnings.
MapmyIndia’s focus on SaaS, automotive partnerships, and investments in AI and mobility technologies is seen as key to future growth.

MapmyIndia provides digital maps, geospatial software, and location-based IoT technologies, primarily for India.
The company offers a range of products including HD maps, RealView 360° panoramic street images, and eLoc doorstep digital address systems.
It also provides APIs and SDKs for maps, search, routes, navigation, and mobility tracking.
The company operates a consumer-facing navigation app called Mappls, which has over 45 million downloads.
MapmyIndia serves automotive OEMs, enterprises, government departments, and logistics and mobility segments.

The company expects the upward trajectory in business activity to continue into FY27, supported by a strong order pipeline of over ₹1750 Cr.
MapmyIndia plans to continue investing in internally developed technology and talent.