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MapmyIndia’s net profit for the quarter ended March 2026 (Q4 FY26) rose by 4% to ₹50.9 Cr from ₹49 Cr in the year-ago quarter

Operating revenue rose marginally to ₹145 Cr during the quarter under review from ₹143.6 Cr in Q4 FY25

Including other income of ₹17.8 Cr, the listed company’s total income for the quarter under review stood at ₹162.8 Cr

Geotech company MapmyIndia’s net profit for the quarter ended March 2026 (Q4 FY26) rose by 4% to ₹50.9 Cr from ₹49 Cr in the year-ago quarter. On a sequential basis, the company’s profit skyrocketed 2.7X from ₹18.7 Cr.

Aligning with the bottomline’s performance, operating revenue rose marginally to ₹145 Cr during the quarter under review from ₹143.6 Cr in Q4 FY25. Sequentially, it rose 55% from ₹93.7 Cr.

MapmyIndia generates 12.3% of its operating revenue from the sale of devices, and the remaining 87.7% comes from sale of map data and services such as royalty, annuity, subscription, software and projects.

Including other income of ₹17.8 Cr, the listed company’s total income for the quarter under review stood at ₹162.8 Cr.

EBITDA for the quarter rose 12% YoY to ₹64.7 Cr.

Besides announcing financials, MapmyIndia’s board approved a final dividend of ₹3.50 for the fiscal year FY26. The dividend will be issued upon receiving final shareholder approval in the forthcoming annual general meeting.

For the full year FY26, its net profit stood at ₹134 Cr, marking a 9.2% decline from ₹147.6 Cr in the previous year. Meanwhile, its topline rose 2.3% to ₹474.1 Cr, compared to its FY25’s ₹463.6 Cr.

During the fiscal year, the company said that it secured large and strategic order wins across automotive OEMs, enterprises, government, logistics and mobility segments. The company also claims to have witnessed a meaningful increase in its open order book and pipeline visibility.

Important to note that the company had been witnessing a decline in its net profit over the previous two quarters, reporting x% YoY decline in PAT in Q2 and x% in Q3. It said that it witnessed improved business activity and stronger execution in the quarter.

It foresees the momentum to move forward in the next fiscal. “We… remain optimistic that this renewed upward trajectory will sustain through FY27, supported by a stronger order pipeline of over 1750+ Cr, improved visibility, and growing demand across our businesses,”MapmyIndia’s CMD Rakesh Verma said.

Founded in 1995 by the husband-wife duo of Rakesh and Rashmi Verma, MapmyIndia makes detailed digital maps and location-based tools, mainly for India. The company also creates special software and services to help businesses and government departments better understand and manage places, vehicles, and assets.

It caters to automotive players as well as Indian government departments such as the Indian Army. It also operates a consumer-facing navigation app called Mappls. It claimed that Mappls has seen a growing adoption with over 45 Mn downloads till date and more than 10 Mn downloads during the previous fiscal.

A Closer Look At MapMyIndia’s Spending In Q4

MapmyIndia’s total expenses for the quarter declined by a slight 2% YoY to ₹88.3 Cr. Here’s where it spent:

Employee benefits expense: The company spent a majority of 24.6% from its overall expenses towards its employees’ salaries, wages, gratuity, pension funds and such, amounting to ₹211.8 Cr, compared to ₹21.34 Cr in the previous year.

Technical services outsource and project software: Constituting 21.9% of the total expenses, spending under this head fell 13.7% to ₹19.4 Cr in the quarter under review, while it reported ₹22.4 Cr from a year ago.

Cost of materials consumed: The company spent ₹13.1 Cr towards its cost of materials, a 26.7X increase from ₹49 Lakh in Q4 FY26.

Shares of MapmyIndia ended today’s trading session 2.75% higher at ₹966.5 on the BSE.