Magellanic Cloud Ltd

Magellanic Cloud announced that its wholly owned subsidiary, Provigil Surveillance has received a Letter of Acceptance (LOA) from South Central Railway, Vijayawada Division for a contract aggregating to Rs 6.92 crore. The project involves the supply, installation, testing and commissioning (SITC) of advanced IP based CCTV surveillance systems across multiple South Coast Railway stations, including some of the major junctions such as Vijayawada, Rajahmundry, Nellore, Kakinada and Gudur along with associated Signalling & Telecommunication (S&T) infrastructure.

The project involves the supply, installation, testing and commissioning (SITC) of advanced IP-based CCTV surveillance systems across multiple South Coast Railway stations, including major junctions such as Vijayawada, Rajahmundry, Nellore, Kakinada and Gudur, along with the associated Signalling & Telecommunication (S&T) infrastructure. The project is scheduled to be executed within 12 months. Magellanic Cloud specializes in offering services pertaining to software development, digital transformation, generative artificial intelligence (GenAI), the Internet of Things (IoT), e-surveillance, and advanced drone-based applications. The company's consolidated net profit jumped 32.1% to Rs 29.49 crore on a 31.5% increase in revenue to Rs 205.55 crore in Q4 FY26 over Q4 FY25. The scrip shed 0.14% to Rs 29.37 on the BSE.Powered by Capital Market - Live

The contract involves the deployment of advanced surveillance systems at KVR, GVN and Rajahmundry (RJY) railway stations for the Godavari Pushkaram-2027 event. It also includes the replacement and augmentation of Video Surveillance Systems (VSS) at multiple railway stations, along with the installation of video recording systems in relay rooms and station master rooms across the Vijayawada Division. The scope of work covers the supply, installation, testing, commissioning and integration of IP-based video surveillance systems, including CCTV cameras, network video recorders (NVRs), networking infrastructure, optical fibre connectivity, UPS systems, earthing, surge protection, system integration, and other associated signalling and telecommunication infrastructure. The project is scheduled to be completed within nine months. The company clarified that the contract is not a related-party transaction and that neither its promoters nor promoter group entities have any interest in the deal. Joseph Sudheer Thumma, Managing Director & Global CEO, Magellanic Cloud, said, This order reinforces the growing confidence that governments continue to place in our surveillance capabilities. We have witnessed strong and consistent order inflows for our surveillance business, particularly from PSUs, reflecting the increasing demand for intelligent, reliable and scalable security infrastructure across critical public assets. As India accelerates investments in railway modernisation and public safety, we remain well-positioned to capitalise on these opportunities while strengthening our leadership in AI-enabled surveillance and mission-critical security solutions. Magellanic Cloud specialises in offering services pertaining to software development, digital transformation, generative artificial intelligence (GenAI), the internet of things (IoT), e-surveillance, and advanced drone-based applications. The company's consolidated net profit jumped 32.1% to Rs 29.49 crore on a 31.5% increase in revenue to Rs 205.55 crore in Q4 FY26 over Q4 FY25. The counter slipped 1.63% to Rs 31.40 on the BSE. Powered by Capital Market - Live

Provigil Surveillance, a wholly owned subsidiary of Magellanic Cloud, has received a Letter of Acceptance (LOA) from South Central Railway, Vijayawada Division for a contract aggregating to Rs 6.25 crore. The project involves the provision of advanced surveillance systems at KVR, GVN, and Rajahmundry (RJY) railway stations for Godavari Pushkaram-2027, along with the replacement and augmentation of Video Surveillance Systems (VSS) at multiple railway stations and the installation of video recording systems in Relay Rooms and Station Master Rooms across the Vijayawada Division. The scope of work includes the deployment of IP-based CCTV surveillance systems, Network Video Recorders (NVRs) and other associated Signalling & Telecommunication (S&T) infrastructure, culminating in the successful handover of the surveillance system.  

IVIS International, a wholly owned subsidiary of Magellanic Cloud, has received a Letter of Intent (LOI) from Manappuram Finance for the proposed engagement relating to outsourced Command & Control Centre (CCC) e-surveillance services. Under the proposed engagement, IVIS International is expected to deploy the supply, installation, commissioning, centralized monitoring, and maintenance of security infrastructure across Manappuram Finance's branch network. Employing its AI-powered Command & Control Centre platform, the proposed solution is designed to deliver intelligent surveillance, real-time event monitoring, automated alert handling and escalation, centralized branch visibility, vault operations monitoring, and end-to-end maintenance of the security infrastructure. The deployment is proposed to be executed in a phased manner and may extend to approximately 1,000+ branches, subject to the issuance of Purchase Orders and the execution of definitive agreements between the parties.

Magellanic Cloud announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 24 July 2026.

Provigil Surveillance, a wholly owned subsidiary of Magellanic Cloud, has received a Letter of Acceptance (LOA) from East Central Railway, Dhanbad Division, for an aggregate contract value of Rs 3.13 crore approx. The project pertains to modernization of the Passenger Reservation System (PRS) network, upgradation of telecom connectivity through GPON technology, and associated Signaling & Telecommunication (S&T) works over Dhanbad Division. The scope of work includes deployment of telecom networking infrastructure, GPON-based fiber connectivity solutions, CCTV surveillance systems, and related S&T infrastructure.

Magellanic Cloud will hold a meeting of the Board of Directors of the Company on 25 June 2026.

Magellanic Cloud Ltd lost 2.8% today to trade at Rs 27.09. The BSE Information Technology index is down 1.62% to quote at 27682.48. The index is down 2.44 % over last one month. Among the other constituents of the index, Infosys Ltd decreased 2.46% and Tata Technologies Ltd lost 1.85% on the day. The BSE Information Technology index went down 27.84 % over last one year compared to the 5.37% fall in benchmark SENSEX. Magellanic Cloud Ltd has added 9.01% over last one month compared to 2.44% fall in BSE Information Technology index and 2.49% rise in the SENSEX. On the BSE, 1.11 lakh shares were traded in the counter so far compared with average daily volumes of 3.41 lakh shares in the past one month. The stock hit a record high of Rs 105.26 on 17 Jul 2025. The stock hit a 52-week low of Rs 19.43 on 30 Mar 2026.Powered by Capital Market - Live

Rushil Decor Ltd, DE Nora India Ltd, Gala Precision Engineering Ltd and Agarwal Industrial Corporation Ltd are among the other gainers in the BSE's 'B' group today, 15 June 2026.Magellanic Cloud Ltd soared 19.96% to Rs 26.62 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 9.98 lakh shares were traded on the counter so far as against the average daily volumes of 1.2 lakh shares in the past one month. Rushil Decor Ltd spiked 17.04% to Rs 17.72. The stock was the second biggest gainer in 'B' group. On the BSE, 1.73 lakh shares were traded on the counter so far as against the average daily volumes of 36664 shares in the past one month. DE Nora India Ltd surged 15.68% to Rs 846.75. The stock was the third biggest gainer in 'B' group. On the BSE, 1639 shares were traded on the counter so far as against the average daily volumes of 396 shares in the past one month. Gala Precision Engineering Ltd jumped 14.83% to Rs 1064.45. The stock was the fourth biggest gainer in 'B' group. On the BSE, 95687 shares were traded on the counter so far as against the average daily volumes of 4822 shares in the past one month. Agarwal Industrial Corporation Ltd advanced 14.45% to Rs 554.85. The stock was the fifth biggest gainer in 'B' group. On the BSE, 62556 shares were traded on the counter so far as against the average daily volumes of 17243 shares in the past one month.