Mapmayindia carried out effectively in FY 2024-25. The expansion of each income and revenue of the corporate was good. The corporate’s core enterprise within the third and fourth quarter was good within the first half after a slight lethargy. Regardless of extra funding, the margin remained good. On the finish of the monetary yr, the corporate’s orderbook was fairly sturdy. Money place was additionally good. With this, the monetary yr 2025-2026 can be anticipated to be higher. The income of MapmyIndia within the fourteen quarter elevated by 34.2 per cent to Rs 143.5 crore on a year-after-year foundation. Map based mostly and IOT based mostly section contributes contribution on this. Ebitda elevated by 46.8 per cent to Rs 58 crore on a yr -on -year foundation. The margin elevated to 40.4 p.c. After tax, the revenue elevated by 28 per cent to Rs 49 crore after the tax. Regardless of 2.8 lakh crores to JV of Southeast Asia, the corporate earned this revenue. FY25 remained the C&E section core development engine. Income development of this section was 30.4 p.c on a yr after yr. Demand for digital transformation options in Fintech, Ecommerce, Logistics and Public Sector was good. Excessive-value providing resembling Digital KYC APIS, QC’s actual time monitoring and service provider discovery device was a giant hand in development. The federal government’s stake within the firm’s complete C&E income stood at 20 per cent. Associated information on the finish of FY25 was Rs 1,500 crore for Mapmindia. This can be a development of 10 p.c yr on a yr -on -year foundation. There was no main change within the firm’s buyer listing. The corporate’s vertical working mannequin is now clearly structured. This construction mannequin is such that there are good potentialities for the expansion of every section. The administration has set a goal of Rs 1,000 for FY28. MapmyIndia shares are buying and selling at 44.8 occasions the estimated Entons of FY27. This can be a truthful valuation. The rationale for that is that the corporate’s margin is excessive, asset lights are B2B tech mannequin and are a rise in development of home and worldwide enterprise. On Could 13, the inventory market noticed a pointy decline within the inventory market. It climbed 3.86 per cent to shut at Rs 2,057. This yr this inventory has climbed round 27 p.c.
