CompaniesInformation TechnologyInformation TechnologyIT - Software
NSE:MCLOUD

MAGELLANIC CLOUD LIMITED

Information Technology › IT - Software
24.96
at close · 21 Sept 2026
0.24 (-0.95%)
ThemesArtificial Intelligence· coreDefence· mention

Latest filings

  1. Subsidiary Provigil gets Rs 44.60 lakh AI order from Nayara Energy · Compliance
  2. Provigil Surveillance bags ₹44.60L ANPR order from Nayara Energy · Compliance
  3. 45th AGM notice on Sep 30, 2026; FY26 annual report link shared · Compliance
  4. Magellanic Cloud - 45th AGM notice published in newspapers · Compliance
  5. Magellanic Cloud submits BRSR report for FY 2025-26 · Compliance
  6. Magellanic Cloud files FY26 Annual Report, 45th AGM on Sept 30 · Results
  7. Notice of 45th AGM of Magellanic Cloud Limited on September 30, 2026 · Board & Shareholder Meetings
  8. Magellanic Cloud subsidiary gets Rs 3.49 Cr railway surveillance order · Compliance
  9. Magellanic Cloud subsidiary wins Rs 3.49 Crore Western Railway CCTV order · Business Updates
  10. Independent Director Mr. Elisha Thatisetty resigns from Magellanic Cloud board · Management Changes
  11. Independent Director Mr. Elisha Thatisetty resigns effective Sept 01, 2026 · Management Changes
  12. Magellanic Cloud completes 74% of Punjab & Sind Bank deployment in 5 months · Compliance
  13. Magellanic Cloud appoints 4 senior management personnel, fixes AGM date · Management Changes
  14. Board approves senior management appointments; 45th AGM on Sep 30 · Board & Shareholder Meetings
  15. Magellanic Cloud Subsidiary Gets 3rd Consecutive DFCCIL Order Worth Rs 3.29 Cr · Compliance
  16. Magellanic Cloud subsidiary wins third DFCCIL order worth Rs 3.29 cr · Business Updates
  17. Amendment to UBO list for Balaji Malts in preferential issue · Fund Raising
  18. Amendment to UBO list for proposed allottee Balaji Malts · Ownership Changes
  19. Magellanic Cloud subsidiary wins Rs 7.92 Cr LOA from Western Railway · Compliance
  20. Magellanic Cloud arm gets Rs 7.92 Cr LOA from Western Railway · Business Updates
  21. Subsidiary IVIS gets second BFSI order from Capri Global Capital · Compliance
  22. IVIS gets second order from Capri Global for pan-India e-surveillance · Business Updates
  23. Magellanic Cloud wins orders worth over Rs 111 Crore from railways, BFSI, GAIL · Compliance
  24. Subsidiary Provigil wins Rs 8.90 crore DFCCIL surveillance order · Compliance
  25. Magellanic Cloud's Subsidiary Wins Rs 8.9 Crore DFCCIL Surveillance Contract · Business Updates
  26. Magellanic Cloud Q1 FY27 Results: PAT Drops 15% YoY Despite Revenue Growth · Results
  27. Subsidiary wins Rs 3.73 Crore e-surveillance LOA from DFCCIL · Compliance
  28. Magellanic Cloud subsidiary gets Rs 3.73 Cr order from DFCCIL for e-surveillance · Business Updates
  29. Subsidiary IVIS wins ₹18.4 Cr e-surveillance order for PNB ATMs · Business Updates
  30. Subsidiary IVIS wins Rs 18.4 cr E-Surveillance orders for PNB ATMs · Business Updates
  31. Board Meeting Scheduled to Consider Q1 FY27 Results on August 14, 2026 · Results
  32. Subsidiary wins 12.13 crore rupee Western Railway surveillance order · Business Updates
  33. Provigil Surveillance gets Rs 12.13 cr LOA from Western Railway for CCTV project · Business Updates
  34. Subsidiary Provigil wins Rs 127.62 mn E-surveillance order from GAIL · Compliance
  35. Magellanic Cloud subsidiary wins 127.62 million rupee order from GAIL India for e-surveillance · Business Updates
  36. Magellanic Cloud subsidiary Motivity Labs bags USD 1.21M order from Google LLC · Compliance
  37. Magellanic Cloud subsidiary Motivity Labs gets USD 1.21M order from Google LLC · Business Updates
  38. EGM: Preferential issue approved, related party deals rejected · Board & Shareholder Meetings
  39. EGM: Preferential share issue approved; Section 185 loans rejected · Board & Shareholder Meetings
  40. Corrigendum to EGM notice published in newspapers for July 24 meeting · Compliance
  41. Corrigendum to EGM notice for preferential share and warrant issue · Board & Shareholder Meetings
  42. Magellanic Cloud subsidiary wins Rs 6.93 cr railway surveillance order · Compliance
  43. Subsidiary bags Rs 6.93 cr railway CCTV surveillance order from South Central Railway · Business Updates
  44. Magellanic Cloud files quarterly demat certificate with exchanges for June 2026 quarter · Compliance
  45. Routine RTA certificate for Q1FY27 dematerialisation compliance · Compliance
  46. Magellanic Cloud corrects XBRL filing errors and submits auditor declaration · Regulatory & Legal
  47. Magellanic Cloud subsidiary wins Rs 6.25 cr railway surveillance order · Business Updates
  48. Magellanic Cloud subsidiary wins Rs 6.25 cr railway surveillance order · Business Updates
  49. Magellanic Cloud publishes EGM notice in newspapers for July 24 meeting · Compliance
  50. Newspaper ad published for EGM scheduled on July 24, 2026 · Compliance
All filings ↓
Ask Nexa about MAGELLANIC CLOUD LIMITED

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

The company operates three business segments in FY26, with IT/ITES Services the largest at 74.8% of segment revenue, IT Surveillance accounting for 23.3%, and the Drone business at 1.9%. Through subsidiary Motivity Labs Inc., the IT/ITES arm delivers data engineering, AI analytics and enterprise program management for global enterprises. The IT Surveillance arm, run via Provigil Surveillance, installs IP-based CCTV and integrated e-surveillance systems for Indian Railways, public sector oil & gas enterprises and BFSI customers. The Drone segment is at an early stage but is being scaled up with dedicated funding from a planned preferential issue. Employee cost is the dominant expense at 42.1% of revenue, against 15.5% for materials and 11.5% for other operating expenses; total FY26 revenue was ₹697.88 crore with a 31.9% EBITDA margin.

Revenue mix · reported segments
IT/ITES Services74.8%
IT Surveillance23.3%
Drone1.9%
Operating scale
Google LLC purchase order (Motivity Labs Inc.)
USD 1.21 millionFY26
South Central Railway combined order wins
₹13.18 crore across 15 stations for IP-based CCTVFY26
GAIL India purchase order (NCR e-surveillance)
₹127.62 millionFY26
Manappuram Finance LOI scope
AI-powered e-surveillance across ~1,000+ BFSI branchesFY26
Drone manufacturing capex earmarked
₹150 crore from a planned ~₹492 crore preferential issueFY26
Total FY26 revenue
₹697.88 croreFY26
Who pays it
Indian Railways, public sector oil & gas enterprises (e.g. GAIL), BFSI firms (e.g. Manappuram Finance) and global technology clients (e.g. Google)
Biggest cost
Employee cost at 42.1% of revenue, the largest line item
Kind of business
Asset-light IT services company expanding into surveillance infrastructure and early-stage drone manufacturing
Where it sits
Niche surveillance provider to Indian Railways and public sector enterprises, with a global IT services delivery arm
Market Cap
₹1,470 Cr
P / E (TTM)
10.5×
EV / EBITDA
7.9×
Div Yield
0.10%
Growth
26.9%
Revenue 5y CAGR
PAT +126.3% · EBITDA +127.7%
Quality
23.4%
ROCE (5y median)
ROE 24.9% · margin 31.9%
Leverage
0.41·
Debt / Equity · low
Net debt ₹238 Cr
Revenue FY21→FY26
3.3×
Margin +14.3 pts
₹212 Cr → ₹698 Cr
Cash conversion
1.14×
Operating cash ÷ profit · 5 yrs
₹474 Cr on ₹415 Cr
Moves on a normal day
1.61%·
Median daily move
Last 268 sessions · filing days run larger
Where it sits among 78 Computers - Software & Consulting peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#17/73
P/B#29/65
ROCE#34/78
ROE#23/67
Debt / Equity#57/68
EBITDA margin#9/65
Revenue growth#35/63
Profit growth#46/62

Scorecard

Measured from the filed financials, judged against its Computers - Software & Consulting peers · as of FY26 — not investment advice

Strengths
Revenue compounding 27% a year over 5 years
Profit compounding 126% a year over 5 years
Over 5 years it reported ₹415 Cr of profit and ₹474 Cr of operating cash — 1.14×
Profit is converting into cash
Concerns
Carries more debt than its peers — 0.41× equity
lower than 16% of its 68 Computers - Software & Consulting peers
Heavy working capital — 156 days of cash tied up
Customers are taking longer to pay — 78 → 184 days of receivables
FY21 → FY26
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

MCLOUD · price

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Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from MAGELLANIC CLOUD LIMITED's filed financials and exchange disclosures

What does MAGELLANIC CLOUD LIMITED do?

MAGELLANIC CLOUD LIMITED is a IT - Software company listed on NSE and BSE, trading under the symbol MCLOUD.

Is MAGELLANIC CLOUD LIMITED profitable?

Yes. Over the trailing twelve months MAGELLANIC CLOUD LIMITED reported a net profit of ₹106 Cr on revenue of ₹714 Cr.

Does MAGELLANIC CLOUD LIMITED pay a dividend?

Yes. The dividend yield is 0.10% at the current price. It paid out 1% of its profit as dividend in FY26.

Is MAGELLANIC CLOUD LIMITED debt-free?

No. Debt stands at 0.41× equity, and it carries net debt of ₹238 Cr. That is lower than 16% of its 68 Computers - Software & Consulting peers.

Is MAGELLANIC CLOUD LIMITED expensive compared with its peers?

On trailing P/E, MAGELLANIC CLOUD LIMITED ranks 17 of 73 in Computers - Software & Consulting — cheaper than 78% of them, against an industry median of 16.1×. This is a position, not a valuation judgement.

How much does the MAGELLANIC CLOUD LIMITED share price move in a day?

On a typical session MAGELLANIC CLOUD LIMITED moves 1.61% — that is the median absolute close-to-close move across its last 268 trading days. Announcement days are routinely larger.

Where can I track MAGELLANIC CLOUD LIMITED's announcements?

Every NSE and BSE filing by MAGELLANIC CLOUD LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.