๐Ÿš— MapmyIndia Q4 FY25 & FY25 Results: Strong Momentum in Tech & Mobility | Profit From It
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๐Ÿš— MapmyIndia Q4 FY25 & FY25 Results: Strong Momentum in Tech & Mobility

Lesson 138/151 | Study Time: 10 Min

๐Ÿš— MapmyIndia Q4 FY25 & FY25 Results: Strong Momentum in Tech & Mobility

๐Ÿงพ Management Commentary Highlights

๐ŸŸข Revenue up 34% YoY in Q4, with EBITDA up 47% and PAT up 28%.
๐ŸŸข Declared โ‚น3.50 final dividend per share (175%).
๐ŸŸข Strong growth in Map-led business and strategic SaaS shift in IoT-led vertical.
๐ŸŸข Growing global presence via SE Asia JV (Terra Link) and enhanced digital transformation focus.


๐Ÿ“Š Consolidated Financial Performance

Metric

Q4 FY25

Q4 FY24

YoY %

FY25

FY24

YoY %

Revenue from Operations

โ‚น143.5 Cr

โ‚น106.9 Cr

๐ŸŸข 34%

โ‚น463.3 Cr

โ‚น379.4 Cr

๐ŸŸข 22%

Total Income

โ‚น166.7 Cr

โ‚น119.3 Cr

๐ŸŸข 40%

โ‚น515.7 Cr

โ‚น417.6 Cr

๐ŸŸข 23%

EBITDA

โ‚น58.0 Cr

โ‚น39.5 Cr

๐ŸŸข 47%

โ‚น179.9 Cr

โ‚น156.2 Cr

๐ŸŸข 15%

EBITDA Margin

40%

37%

๐ŸŸข +343 bps

39%

41%

๐Ÿ”ด -216 bps

Profit After Tax (PAT)

โ‚น49.0 Cr

โ‚น38.2 Cr

๐ŸŸข 28%

โ‚น147.6 Cr

โ‚น134.4 Cr

๐ŸŸข 10%

PAT Margin

29%

32%

๐Ÿ”ด -263 bps

29%

32%

๐Ÿ”ด -338 bps


๐Ÿ—‚๏ธ Segmental Revenue Analysis

๐Ÿ—บ๏ธ By Product

Segment

Q4 FY25

Q4 FY24

YoY %

FY25

FY24

YoY %

Map-led

โ‚น107.2 Cr

โ‚น66.1 Cr

๐ŸŸข 62%

โ‚น345.6 Cr

โ‚น267.0 Cr

๐ŸŸข 29%

IoT-led

โ‚น36.3 Cr

โ‚น40.8 Cr

๐Ÿ”ด -11%

โ‚น117.7 Cr

โ‚น112.4 Cr

๐ŸŸข 5%

EBITDA Margin โ€“ Map-led

48%

49%

๐Ÿ”ด -1%

47%

54%

๐Ÿ”ด -7%

EBITDA Margin โ€“ IoT-led

19%

17%

๐ŸŸข +2%

14%

12%

๐ŸŸข +2%

๐ŸŒ By Market

Segment

Q4 FY25

Q4 FY24

YoY %

FY25

FY24

YoY %

A&M (Automotive & Mobility)

โ‚น55.4 Cr

โ‚น51.7 Cr

๐ŸŸข 7%

โ‚น210.8 Cr

โ‚น185.8 Cr

๐ŸŸข 13%

C&E (Consumer Tech & Enterprise)

โ‚น88.1 Cr

โ‚น55.2 Cr

๐ŸŸข 60%

โ‚น252.5 Cr

โ‚น193.6 Cr

๐ŸŸข 30%


๐Ÿ“‘ Balance Sheet & Order Book

  • ๐ŸŸข Cash & Equivalents: โ‚น660 Cr (๐ŸŸข +18% YoY)

  • ๐ŸŸข Open Order Book: โ‚น1,500 Cr (๐ŸŸข +10% YoY)

  • ๐ŸŸข Order Conversion Cycle: Estimated at 3โ€“4 years

  • ๐Ÿ”ด Receivables Days Increased due to higher Q4 revenue and govt. orders


๐Ÿ‘จโ€๐Ÿ’ป Customers & Employees

  • ๐ŸŸข Total B2B/B2B2C Customers: 3,000+

  • ๐ŸŸข Customers on MaaS/SaaS/PaaS: 1,000+ (vs 880+ in FY24)

  • ๐ŸŸข Retention Ratio: 93%

  • ๐ŸŸข Total Employees: 1,411 (๐ŸŸข from 1,292 last year)

  • ๐Ÿ”ด Attrition rate: Slight uptick to 11.2% (from 9.8%)


๐Ÿ“ฆ Key Investments in FY25

Company

Stake

Segment

Rationale

PT Terra Link (Indonesia)

40%

Map Tech โ€“ SE Asia

Expand presence in SE Asia (Hyundai JV)

Kaiinos Geo Spatial

19.8%

GIS Systems

Boost innovation & strategy

Simdaas Autonomy

9.4%

ADAS & Autonomous Tech

Build simulation-driven capabilities


๐Ÿ“Š Shareholding Pattern (as of Mar 31, 2025)

  • ๐ŸŸข Promoters: 52%

  • ๐Ÿ”ต Corporates: 20%

  • ๐ŸŸก MFs/AIFs: 7%

  • ๐Ÿ”ด FPIs: 4%

  • ๐ŸŸข Retail Individuals: 12%

  • ๐Ÿ”˜ Others: 5%

๐Ÿ“Œ Top Shareholders:

  • PhonePe Pvt Ltd: 18.7%

  • Zenrin Co. Ltd: 3.5%

  • Franklin India Opportunities: 2.3%


๐ŸŽฏ Strategic Outlook

  • Focus on B2B growth in Automotive and Enterprise tech

  • Rapid expansion in Southeast Asia via JV

  • SaaS and Digital Twin tech gaining traction

  • Targeting โ‚น1,000+ Cr revenue by FY28


๐Ÿ“Ž Disclaimer

This report is for educational purposes only and not a recommendation to buy or sell any security. 

Piyush Patel

Piyush Patel

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