MapmyIndia’s Q4 profit jumps 28% YoY to Rs 49 Cr
The company’s revenue from operations in Q4FY25 grew 34% YoY to Rs 143.5 crore, from Rs 106.9 crore.
Digital mapping and location-based SaaS firm MapmyIndia has posted a 28% year-on-year (YoY) increase in net profit for the fourth quarter ending March 2025, at Rs 49 crore, up from Rs 38.2 crore in the same quarter last year.
The company’s revenue from operations in Q4FY25 grew 34% YoY to Rs 143.5 crore, from Rs 106.9 crore.
Total income touched Rs 166.7 crore, marking a 40% rise from Rs 119.3 crore. EBITDA was Rs 58 crore, up 47% YoY, maintaining a healthy EBITDA margin of 40%.
For the full fiscal year (FY25), MapmyIndia clocked Rs 463.3 crore in revenue, a 22% rise from Rs 379.4 crore in FY24. EBITDA for the year stood at Rs 179.9 crore (up 15%), while PAT was Rs 147.6 crore, growing 10% YoY. The company sustained robust margins, with EBITDA margin at 39% and PAT margin at 29%.
The board declared a final dividend of Rs 3.50 per equity share (face value Rs 2), amounting to a 175% payout for FY25.
Chairman and Managing Director Rakesh Verma attributed the strong performance to growing traction in the company’s map-led digital products and SaaS offerings.
“Our map-led revenue rose 29% to ₹345.6 crrore, and EBITDA margins in that segment remain strong at 47%. Meanwhile, our IoT-led revenue grew modestly by 5% YoY to Rs 117.7 crore, with margins improving to 14% from 12% last year,” Verma said.
MapmyIndia’s consumer tech & enterprise revenue grew 30% YoY to Rs 252.5 crore, while automotive & mobility tech revenue was up 13% at Rs 210.8 crore. New licenses in the automotive segment surpassed 3 million vehicles, up from 2.5 million last year.
The company’s open order book increased 10% YoY to Rs 1,500 crore by the end of FY25.
User engagement also hit a milestone, with the Mappls consumer app surpassing 30 million downloads. “We’re seeing meaningful traction from our B2C app while controlling marketing expenses,” Verma said.
In a move to sharpen its strategic focus, the company announced a restructuring of its subsidiaries. The government business will now be handled by Mappls DT (formerly Vidteq), focusing on defence tech, digital twins, and transformation projects. IoT and logistics SaaS will continue under Gtropy, a subsidiary in which MapmyIndia holds a 76% stake.
Rohan Verma, CEO, MapmyIndia, has been appointed Managing Director of both Mappls DT and Gtropy, effective April 1, 2025.
“We’re aiming to cross ₹1,000 crore in revenue by FY28, and our growing order book gives us strong visibility toward that goal,” Rakesh Verma said.
Edited by Swetha Kannan