C.E. Info Systems Shares Price Fall After Q2FY26 Profit Drops 39% on Higher Outsourcing Costs

New Delhi, November 11, 2025 – C.E. Info Systems Ltd (NSE: MAPMYINDIA, BSE: 543425) announced its financial results for the quarter ended September 30, 2025. The company had decent earnings during the quarter, but the profitability declined. The profitability was mainly sunken by higher technical outsourcing expenses. This was for a specific government project. The shares of the company reacted negatively to the same.

Q2FY26 Financial Performance

The company made ₹113.8 crore in revenue from operations in Q2FY26. This marks a 9.7% YoY increase. The company’s EBITDA however decreased, reaching ₹28.1 crore. This was a 25.10% YoY decline. Further, the company’s EBITDA Margin also declined YoY. It reached 24.7% during the second quarter of the year. This was a 1,140 bps decline. Similarly, the company’s profit after tax also decreased, as the growth remained muted. Profit after tax only reached ₹18.5 crore. This marked a 39.10% decline from Q2 FY25. The PAT Margins also decline from 26.7% in Q2 FY25 to 14.9% in Q2 FY26. This was a 1,180 bps decline.

H1FY26 Highlights

September 30, 2025, was also the end of H1FY26. The half-yearly results were positive. The revenue from operations for H1FY26 was ₹235.4 crore. A 14.7% year-on-year increase. EBITDA also rose by 4.6%, reaching ₹84.0 crore. Cash and cash equivalents also increased 13% YoY, reaching ₹639.1 crore. However, profit after tax had a slight decline. It totalled ₹64.3 crore for the quarter. This was down by 2.9% from H1 FY25.

Segment-Wise Performance

The segments also had similar outcomes. The Map-led business generated ₹160.9 in revenue. This was a decent rise from ₹151.1 crore. The EBITDA margin also rose by 47.3% YoY. The company also did well in IoT-led business. The revenue grew to ₹74.5 crore. This was a significant YoY up from ₹54.0 crore. The margin for the segment was 10.6%. One-time acquisition costs for subsidiary Gtropy impacted this.

Market Snapshot

Shares of C.E. Info Systems Limited were trading at ₹1,740.90 as of November 11, 2025, 12:37 pm. This is a 4.65% or ₹84.90 fall from its previous close of ₹1,825.80. The intraday range so far is between ₹1,702.00 and ₹1,751.60. The company has had a negative trading session so far. Its total market capitalisation stood at ₹9,521.57 crore. Further, it had total traded value and volume of ₹32.46 crore and 1.88 lakh shares, respectively.

C.E. Info Systems Ltd (MapmyIndia) is a provider of digital map data, geospatial software, and location-based IoT solutions. It serves over 2,000 enterprise and government clients. The company was founded in 1995 and has flagship platforms Mappls and MapmyIndia. The company is listed on NSE and BSE, trading under the tickers MAPMYINDIA and 543425 and is part of the Nifty Smallcap 250 index.

REF: https://nsearchives.nseindia.com/corporate/MAPMYINDIA_10112025201311_MMI_Q2__H1FY26_Results_Press_Release.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations