diff --git a/CMakeLists.txt b/CMakeLists.txt
index 5ee57b443..04d87591e 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -10,7 +10,7 @@ endif()
 project(OSRM C CXX)
 set(OSRM_VERSION_MAJOR 5)
 set(OSRM_VERSION_MINOR 3)
-set(OSRM_VERSION_PATCH 0)
+set(OSRM_VERSION_PATCH 1)
 
 # these two functions build up custom variables:
 #   OSRM_INCLUDE_PATHS and OSRM_DEFINES