Archive · 5 Jun 2025
MapmyIndia Eyes Southeast Asia Automotive Market Growth
MapmyIndia, a digital mapping company, is looking to grow its business in Southeast Asia, particularly in the car industry.
They are already making money there and expect it to become a big part of their business, similar in size to India.
They plan to make a lot more money in the next few years.
The company is also splitting its business into different parts to focus on different areas, such as cars and government projects.
They made a lot of profit recently and are hoping to keep growing.
MapmyIndia is expanding its automotive sector operations into Southeast Asia.
The Southeast Asian automotive market is comparable in size to India's, with around 4 million vehicle sales annually.
MapmyIndia projects revenue from the Southeast Asian region to grow from ₹26 crore in FY26 to ₹80 crore by FY28.
The company is reorganizing its business into automotive/corporate and government/IoT segments.
MapmyIndia reported a 28.2% year-on-year surge in net profit to ₹48.6 crore for the fourth quarter ending March 31, 2025.
- Who
- MapmyIndia (CE Info Systems Ltd)
- What
- Expansion of automotive sector operations.
- When
- Revenue expected to grow from FY26 to FY28.
- Where
- Southeast Asia
- Why
- To capitalize on the growing automotive market in Southeast Asia and increase revenue.
- Market Capitalisation
- ₹10,427.43 crore
- Q4 YoY Net Profit Growth
- 28.2%
- Q4 Net Profit
- ₹48.6 crore
- FY26 Revenue Projection (Southeast Asia)
- ₹26 crore
- FY28 Revenue Projection (Southeast Asia)
- ₹80 crore
- Southeast Asia Annual Vehicle Sales
- About 4 million