MapmyIndia Q4 FY2026: A sharp recovery closes a year of consolidation

Q4 FY26 revenue from operations was 145.0 crore, EBITDA was 64.7 crore (44.6% margin), and PAT was 50.9 crore (31.3% PAT margin on total income).

FY26 revenue from operations was 474.1 crore versus 463.3 crore in FY25. EBITDA was 175.5 crore with a 37% margin, and PAT was 134.0 crore.

FY26 Map-led revenue from operations was 315.5 crore and IoT-led was 158.6 crore, as per the product-wise table in the presentation.

FY26 A&M revenue was 230.0 crore and FY26 C&E revenue was 244.1 crore, as per the market-wise slides.

Open order book was 1,754.4 crore at the start of FY27 (1-Apr-26). The presentation states an estimated open order book to revenue conversion ratio of 3 to 4 years.

The presentation notes inventory days increased due to stocking up for IoT demand. Management also stated receivable days increased with higher government business, where payment timelines can be longer.