Debasis Mohapatra
Bengaluru, 17 June
Home grown geospatial services provider, CE Info Systems (MapMyIndia) witnessed a more than 7% increase in its share price in the last five trading sessions as the outlook for future performance improved.
MapMyIndia’s stock price was trading 3.7% up at Rs 914 in NSE (10.05 AM) on Wednesday.
Earlier in Q4FY26 earnings call, MapMyIndia’s Director, Rohan Verma has said that Amazon Now has replaced Google Maps with MapmyIndia’s Mappls APIs and SDKs for its quick commerce platform in India. The integration is already live in Bengaluru and is expanding to Mumbai.
The Amazon Now integration has been done less than a year after MapmyIndia made a strategic investment in quick commerce startup Zepto. In August 2025, CE Info Systems invested Rs 25 crore in Zepto, acquiring a minority stake in the quick commerce firm.
MapMyIndia posted a profit of Rs 50.9 crore, an increase of 3.9% over the same period of previous fiscal year. Its revenue from operations grew marginally to Rs 145 crore during this period.
Income from digital map data, GPS navigation, location-based services, and IoT, which contributed 87.69% of its total operating revenue stood at Rs 127.2 crore in Q4 FY26. Revenue from device sales was at Rs 17.9 crore during the fourth quarter.
For the whole fiscal year of FY26, the company’s operating revenue increased 2.3% to Rs 474.1 crore from Rs 463.3 crore reported in FY25.
MapMyIndia holds significant market share in the Indian automotive sector with automakers like Mahindra, Hyundai, Mitsubishi, Ford, Toyota, MG Motor, and Maruti Suzuki. Its footprint across Indian ecommerce sector is also expanding with marquee clients like Amazon and Zepto using its map features.
(This information is for educational purposes only.)
