MapmyIndia Reports Strong Q4 and FY25 Results, Declares Final Dividend

MapmyIndia, operated by C.E. Info Systems Ltd., has announced its financial results for the fourth quarter and full financial year ending March 31, 2025, reporting robust year-on-year growth across key metrics.

In Q4 FY25, the company recorded a 34% increase in revenue from operations, reaching ₹143.5 crore, while EBITDA rose by 47% to ₹58 crore and Profit After Tax (PAT) grew by 28% to ₹49 crore. The company maintained a healthy EBITDA margin of 40% and a PAT margin of 29% during the quarter.

For the full fiscal year FY25, revenue from operations grew by 22% to ₹463.3 crore. EBITDA increased by 15% to ₹179.9 crore, and PAT rose by 10% to ₹147.6 crore. The Board has declared a final dividend of ₹3.50 per equity share (face value ₹2) at a rate of 175% for FY25.

MapmyIndia’s Chairman and Managing Director, Rakesh Verma, expressed satisfaction with the company’s performance, stating, “We are happy to report strong growth in Q4FY25 and a good fiscal year overall. The pickup in momentum during Q3 and Q4 sets a positive tone for the future.”

The company’s segmental performance showed that the Consumer Tech & Enterprise Digital Transformation (C\&E) business grew by 30% to ₹252.5 crore, while Automotive & Mobility Tech (A\&M) rose by 13% to ₹210.8 crore. Map-led revenue increased 29% to ₹345.6 crore, and IoT-led revenue reached ₹117.7 crore, up 5% year-on-year.

MapmyIndia’s EBITDA margins in its map-led business stood at 47%, and its IoT-led margins improved from 12% in FY24 to 14% in FY25, driven by a better product mix and higher SaaS revenue. The company also reported a cash and equivalents balance of ₹659.9 crore and an open order book of ₹1,500 crore, reflecting a 10% annual increase.

The company added over 3 million new automotive map licenses and deployed more than 2.1 lakh IoT devices during the year. It continued to diversify its customer base across sectors and geographies, including early revenue contributions from the Southeast Asian market via its joint venture TerraLink Technologies.

MapmyIndia crossed 30 million downloads of its Mappls app, which the company views as a foundation for its consumer-facing strategy. Controlled B2C marketing expenses and ongoing innovation were noted as key strategic priorities.

Looking ahead, the company is reorganizing its focus areas. Its government business will be led by its wholly-owned subsidiary Vidteq, now renamed “Mappls DT,” and its IoT and logistics SaaS operations will continue under its 76%-owned subsidiary Gtropy. Rohan Verma has been appointed Managing Director of both subsidiaries, effective April 1, 2025, while the parent company will continue to drive its automotive and corporate business initiatives.

MapmyIndia aims to surpass ₹1,000 crore in revenue by FY28.