C.E. Info Systems Limited, operating as MapmyIndia, is India’s leading provider of digital mapping, geospatial data, and location-based IoT solutions. With a strong monopoly-like position in high-accuracy Indian map data and partnerships across automotive, logistics, and government sectors, the company has become a critical enabler of India’s digital infrastructure. Backed by consistent revenue growth, zero debt, and high return ratios, MapmyIndia offers a compelling long-term investment case in the tech-enabled spatial intelligence space. This article provides a fact-based outlook on its share price target for each year from 2026 through 2030.
High P/E (46x) leaves limited room for error if profit margins don’t improve
Risk: Low dividend yield and rising opex may pressure near-term earnings
MapmyIndia Share Price Target 2027
Year
Share Price Target 1
Share Price Target 2
2027
₹1,500
₹1,750
Expected benefit from EV OEM partnerships and logistics tech adoption
Potential inclusion in tech-focused ETFs could boost liquidity
Dividend consistency (0.28% yield, ~13% payout) adds minor support
MapmyIndia Share Price Target 2028
Year
Share Price Target 1
Share Price Target 2
2028
₹1,650
₹1,950
By 2028, the cumulative effect of API monetization and fleet SaaS should reflect in margins
Valuation may stabilize if P/B moderates from the current 8x
Execution risk: Competition from global players (e.g., Google Maps Platform) remains low but possible
MapmyIndia Share Price Target 2029
Year
Share Price Target 1
Share Price Target 2
2029
₹1,800
₹2,200
Long-term tailwinds from India’s digital public infrastructure (e.g., ONDC, Account Aggregators using location data)
Government contracts (FASTag, Smart Cities) provide a stable revenue base
Zero debt allows flexibility for R&D and talent acquisition
MapmyIndia Share Price Target 2030
Year
Share Price Target 1
Share Price Target 2
2030
₹1,950
₹2,500
If MapmyIndia captures even 10–15% of India’s $1B+ geospatial market, ₹2,300+ is achievable
However, targets beyond ₹2,600 require international expansion—not currently visible
Success in autonomous vehicle mapping could be a key differentiator
MapmyIndia: Shareholding Pattern
Category
Holding (%)
Promoters
51.36%
Public (Retail)
30.78%
Domestic Institutions (DII)
13.96%
Foreign Institutions (FII)
3.90%
Others
0%
Promoter holding is stable with no pledging reported, indicating strong alignment with long-term value creation.
MapmyIndia: Strengths vs Risks
Strengths
Monopoly in Indian high-precision map data
Debt-free with consistent cash generation
High ROCE (28.6%) and ROE (21.2%)
Strategic importance to India’s digital sovereignty
Risks
Profit growth (9%) lags behind sales (21.6%) due to scaling costs
Low dividend yield (0.28%) offers no income cushion
Valuation rich (P/E 46x, P/B 8x) for a small-cap tech firm
Concentrated promoter control may limit minority shareholder influence
Investment Suitability
Factor
Assessment
Risk Profile
Moderate to High
Time Horizon
Long-term (5+ years)
Volatility
Moderate
Dividend/Income
Very low (0.28% yield)
Ideal Investor
Tech-savvy investor betting on India’s geospatial and digital infrastructure story
FAQs
A realistic range is ₹1,350 to ₹1,550, based on current growth momentum and sector tailwinds.
Credible estimates suggest ₹1,950 to ₹2,500 by 2030, assuming successful SaaS monetization and government partnership expansion.
Reliable forecasts beyond 2030 are not possible. Such long-term projections are speculative and not based on verifiable data.
The company is controlled by founders Rakesh and Rashmi Verma, who hold 51.36% through promoter entities.
Yes, but minimally. It has a consistent dividend history with a current yield of 0.28% and a payout ratio of ~13%.
The stock corrected due to valuation concerns (P/E > 46), slower-than-expected profit growth, and broader tech sector consolidation in late 2025.
Yes. The company carries zero debt, making its balance sheet one of the strongest in the Indian tech space.
Final Verdict
MapmyIndia is a unique, mission-critical player in India’s digital ecosystem with unmatched map data ownership. While its sales growth is strong, profit conversion remains a challenge. Our 2026–2030 price targets (₹1,350–₹2,500) reflect steady compounding—not explosive upside. Best suited for investors with a 5-year horizon who believe in India’s geospatial and smart infrastructure future.
Disclaimer: This article is for educational purposes only. It is not investment advice. Please consult a SEBI-registered advisor before making any investment decision.
Hi, I’m Raj Mittal, a stock market content writer focused on company analysis, share price trends, and fundamental research. I create simple, research-based insights to help investors make smarter market decisions.
