MapmyIndia share price drops 8% on reports of block deal; PhonePe likely seller

MapmyIndia parent company CE Info Systems share price fell as much as 7% in Thursday's trading session to ₹1,804.80 per share amid reports of a major block deal.

According to a CNBC-TV18 report, a total of 28.6 lakh shares, representing 5.3 per cent of the company's equity, were traded at a price of ₹1,813.7 per share. Digital payments giant PhonePe Pvt. Ltd. is the likely seller, offloading a 5 per cent stake in CE Info Systems, the parent company of MapMyIndia, for ₹476.2 crore.

The deal is reportedly priced at ₹1,750 per share, reflecting a 10.4 per cent discount to CE Infosystems' most recent closing price, according to sources.

As of the March 2025 quarter, PhonePe owned an 18.7 per cent stake in CE Info Systems. Following the current transaction, its stake will decrease to approximately 13.7 per cent, indicating a partial exit.

CE Info Systems Q4 results 2025

CE Info Systems posted a 28 per cent year-on-year rise in net profit for the fourth quarter of FY25, with profit after tax (PAT) increasing to ₹49 crore from ₹38.2 crore in Q4 FY24.

Revenue from operations climbed 34 per cent YoY to ₹143.5 crore in Q4 FY25, up from ₹106.9 crore in the corresponding period last year. The company’s total income for the quarter reached ₹166.7 crore, reflecting a 40 per cent jump from ₹119.3 crore in Q4 FY24.

EBITDA rose 47 per cent to ₹58 crore, compared to ₹39.5 crore in the same quarter of the previous year. The EBITDA margin improved to 40 per cent in Q4 FY25, up from 37 per cent in Q4 FY24.

The PAT margin for the quarter stood at 29 per cent, a slight decline from the 32 per cent recorded in the same quarter last year.

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