MAPMYINDIA / Q1-FY26 / claim-ledger

Audit the questions that mattered.

C.E. Info Systems · Analyst questions, management answers, and the quality of the response where the ledger is available.

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PositiveQ1-FY26 · 2025-08-07Back to quarter ↗

Questions audited

12

Answered directly

58%

Numeric claims

4

Consistency

mixed

Question ledger

What was answered, and how?

San · Anendraati

partial

Why IoT business flat and how to achieve growth?

We figured out that one of the ways that we could grow is to increase our shareholding in Groy which is 76% currently to 96-97%... We transitioned the management... we are refocusing the business on higher margin large enterprises... over the course of next quarter we'll be back on growth path.

San · Anendraati

evasive

Details on Zepto investment and business opportunity size.

We wanted to work closely in a strategic manner with somebody so that we can complete our offerings or deepen our offerings for quick commerce... this investment is being made both from a strategic business agreement point of view...

Chandra Muli Mutya · Goldman Shacks

direct

Is Zepto agreement the same as the 233 crore order?

No no I think probably for lack of information you are mixing up the two that 233 crores had nothing to do with webto it's a different customer.

Chandra Muli Mutya · Goldman Shacks

partial

What drove 24.5% automotive revenue growth despite low industry growth?

The reason is the more we are able to get into more depth of automotive sector... our NK solutions are getting adopted more and in spite of the overall automotive industry that didn't grow that much our part of the solutions did get a better adoption and that's the only reason... the attach rate increased.

Chandra Muli Mutya · Goldman Shacks

direct

What is the current cash balance after investments?

If we include both cash cash in bank as well as liquidity I'll give you the full figure was 667 676 crores as of 30th June now three major cash outflows... zero which is 25 crores... G trophy another 25 crores and the 20 crores dividend... So if you add up the three, it comes out to 70 crores.

Sukit D. Patel · Eyesight Fra Private Limited

evasive

How will mapping stack evolve for autonomous mobility and new use cases?

Map India is doing this 4D digital twin. Not just 2D but 3D, not just standard definition but high definition in 360 realtime updating digital twin including the real world metaverse... all of the sectors that you're saying is where more and more adoption of our maps will happen.

Anmul Gulk · DAM Capital

direct

Will growth be backended and has the 233 crore order started contributing?

Yes, it has number one. Number two on the other one backended. I don't call it backended. What we say always that it is the entire year that you have to look at and there are certain seasonalities... Q4 is quite high compared to anything in Q1, Q2, Q3.

Anmul Gulk · DAM Capital

declined

What is potential annual revenue from Zepto contract?

Definitely we won't be able to talk about specific numbers on specific contracts, but you can imagine that they're a large player of scale and growing fast and so hence their technology needs and technology spend will be significant.

Abishek Kumar · GM Financial Limited

partial

Is 54% margin sustainable? What is margin guidance?

Again you are looking at a quarter. Please look at the whole year... we have given a guidance for this year. I think we have clearly said that where we would like to be... if our EBITDA has come to 46% this quarter that's a great news.

Abishek Kumar · GM Financial Limited

direct

What is the EBITDA margin guidance for FY26?

I think we had said that it will be 35% plus if I remember from my investor meet which happened two months back but guidance is a guidance okay but that's what I said and now you see in Q1 it is 46%.

Samir Dosani · ICICF Credential AMC

partial

Update on Southeast Asia business and OEM wins.

Two parts to Southeast Asia one is what mapendia is doing... you would have seen a win in&M which is around this tier one for end automotive client and yeah end automotive client there is Hyundai... the JV also is there Terrell link technologies TLT which is the JV with Hyundai Auto.

Sahara Chetti · Anendraati

direct

When will JV turn around and international revenue become sizable?

For MMI from international revenues have already started to come in... for it to become sizable enough it will probably take about a year or two... for the JV also we've talked about that end of FY26 or Q1 FY27 is when the JV will start also generating revenues.