Magellanic Cloud Ltd

Net profit of Magellanic Cloud rose 32.06% to Rs 29.49 crore in the quarter ended March 2026 as against Rs 22.33 crore during the previous quarter ended March 2025. Sales rose 31.47% to Rs 205.55 crore in the quarter ended March 2026 as against Rs 156.35 crore during the previous quarter ended March 2025. For the full year,net profit rose 11.24% to Rs 114.23 crore in the year ended March 2026 as against Rs 102.69 crore during the previous year ended March 2025. Sales rose 16.85% to Rs 697.88 crore in the year ended March 2026 as against Rs 597.24 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales205.55156.35 31 697.88597.24 17 OPM %25.5528.90 -30.9334.41 - PBDT51.1541.06 25 198.56185.17 7 PBT35.4730.45 16 147.78142.72 4 NP29.4922.33 32 114.23102.69 11 Powered by Capital Market - Live

Magellanic Cloud will hold a meeting of the Board of Directors of the Company on 26 May 2026.

Magellanic Cloud and Rayonix Tech has jointly incorporated a Special Purpose Vehicle (SPV) in the name of MCRAY XTEND INDIA (MCRAY). The SPV has been incorporated in furtherance of the Strategic Investment and Collaboration Agreement executed between the Company and Rayonix Tech for carrying out activities relating to unmanned aerial vehicle (UAV) technology, defence technology solutions, manufacturing, deployment, and other allied business operations. The Company will acquire 60% shareholding in Mcray Xtend India through subscription to its paid-up equity share capital and consequently, MCRAY will become a subsidiary of the Company. The incorporation of the SPV and the proposed investment are aligned with the Company's strategic expansion plans in the UAV and defence technology sector and are expected to strengthen its participation in indigenous technology development initiatives in India.

Magellanic Cloud announced the formation of a strategic joint venture (JV) to manufacture advanced Unmanned Aerial Vehicle (UAV) systems in India. The company has entered into the JV with Rayonix Tech, an India-based defence technology company, in partnership with XTEND, an Israel-based AI-powered robotics, UAV and software systems company. This development marks a significant step in Magellanic Cloud's expansion within the fast-growing defence and security technology sector. The joint venture, valued at ~US$11 million (~Rs 100 crore), will establish end-to-end manufacturing, testing, and distribution capabilities in India. These UAVs will cater to the evolving requirements of the armed forces and security agencies, supporting surveillance, reconnaissance, and mission-critical operations. The joint venture aims to cater to the growing demand for advanced UAV systems from India's defence ecosystem. By leveraging XTEND's proven autonomous operating systems and combining them with domestic manufacturing capabilities, the joint venture seeks to deliver mission-critical drone solutions built for Indian operational requirements. This strategic partnership further strengthens Magellanic Cloud's growing presence in drone technologies, AI-led surveillance, and intelligent infrastructure solutions, reinforcing its position as a technology-driven enterprise focused on emerging and high-growth sectors and investing in future-ready technologies with strong national relevance.

The contract involves the provision of a CCTV surveillance system, including the supply, installation, testing, commissioning, and maintenance of cameras mounted on metallic poles, with video data stored in network video recorders (NVRs) installed at LC gate buildings. Each station and LC gate will have independent systems, along with a centralized command and control center at Bhusawal for monitoring and operations. The system will also be equipped with AI-based features for enhanced surveillance capabilities. The contract has been awarded by a domestic entity and is to be executed within a period of 6 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 declined 2% to Rs 28.63 crore on an 8.3% increase in revenue to Rs 163.93 crore in Q3 FY26 as compared with Q3 FY25. The counter advanced 1.85% to end at Rs 21.52 on the BSE. The stock market will remain shut today on account of Shri Ram Navami.Powered by Capital Market - Live

The order entails deployment of integrated e-surveillance systems at ATMs and cash recycling machines (CRMs). The scope includes end-to-end implementation, covering installation, commissioning and maintenance of the systems under an OPEX model for a period of five years, the company said in a regulatory filing. The contract is slated to be executed over five years. The company added that the deal does not fall under related party transactions and that neither the promoter nor promoter group has any interest in the awarding entity. 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 declined 2% to Rs 28.63 crore on an 8.3% increase in revenue to Rs 163.93 crore in Q3 FY26 as compared with Q3 FY25. Punjab and Sind Bank is a leading public sector bank and a major bank in northern India. The bank provides customer service through innovative products and services for different customer segments. The bank's standalone net profit jumped 19.3% to Rs 336.42 crore on 8.6% increase in revenue from operations to Rs 3549.27 crore in Q3 FY26 over Q3 FY25. The scrip rose 2.44% to Rs 22.67 on the BSE. Powered by Capital Market - Live

Magellanic Cloud announced that its wholly owned subsidiary, Provigil Surveillance has received a Letter of Intent (LOI) / advance intimation to commence work from RailTel Corporation of India for installation of CCTV surveillance system. The project is valued at Rs 1.55 crore. Powered by Capital Market - Live

The order involves the procurement, deployment and maintenance of AI-based monitoring and CCTV infrastructure for residential educational institutions operated by the society across multiple locations. Under the project, the company will deploy 5MP or higher AI-enabled CCTV cameras at 176 locations and establish a centralised command control centre for monitoring and management. The scope of work also includes the supply and integration of video management software (VMS), AI analytics systems and storage infrastructure. Additionally, the project will cover installation of video wall monitoring systems, networking equipment and the development of web and mobile applications to enable AI-based incident monitoring. According to the company, the project valued at nearly Rs 5 crore and is expected to be delivered and installed within three months from the date of the Notification of Award, in line with the tender conditions. The company further clarified that neither its promoters nor promoter group entities have any interest in the awarding authority. The company added that the contract does not fall under related-party transactions as per applicable regulatory norms. 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 declined 2% to Rs 28.63 crore on an 8.3% increase in revenue to Rs 163.93 crore in Q3 FY26 as compared with Q3 FY25. The counter rose 0.13% to Rs 23.50 on the BSE. Powered by Capital Market - Live

Provigil Surveillance, the wholly owned subsidiary of Magellanic Cloud, has received a Letter of Acceptance from South East Central Railway, Nagpur Division, for the Provision of Video Surveillance System (VSS) to monitor 66 Manned Non Interlocked Level Crossing Gates (61 in Nagpur Division, 4 in Raipur Division and 1 in Bilaspur Division). The total accepted contract value is Rs 6.16 crore. With this order, the Company's cumulative railway Level Crossing surveillance deployment value has increased to approximately Rs 12.17 crore across multiple LC Gates, while the total order book from the Railways stands at approximately Rs 183 crore, providing healthy revenue visibility in the upcoming quarters.Powered by Capital Market - Live

According to a regulatory filing, the order pertains to the provision of a Video Surveillance System (VSS) to monitor 66 manned non-interlocked level crossing gates. Of these, 61 gates are located in Nagpur Division, four in Raipur Division and one in Bilaspur Division. The scope of work includes supply, installation, testing, commissioning and Comprehensive Annual Maintenance Contract (CAMC) of the surveillance systems in line with RDSO specifications. The total contract value stands at Rs 6,16,55,609.34 and is scheduled to be executed within 12 months from the date of the LoA. The company clarified that neither its promoters nor promoter group entities have any interest in the awarding authority. It added that the contract does not fall under related-party transactions as per applicable regulatory norms. With this order, the company's cumulative deployment value for railway level crossing surveillance projects has risen to approximately Rs 12.17 crore across multiple level crossing gates. The total railway order book now stands at around Rs 183 crore, offering revenue visibility for the coming quarters. The project aims to enhance safety at level crossing gates through real-time monitoring, centralized visibility, AI-based analytics and secure data management, thereby improving operational safety and surveillance efficiency across the division. Provigil Surveillance said the new order strengthens its credentials in executing large-scale, mission-critical surveillance projects for Indian Railways and reinforces the group's position in AI-driven video analytics and smart surveillance solutions. 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 declined 2% to Rs 28.63 crore on an 8.3% increase in revenue to Rs 163.93 crore in Q3 FY26 as compared with Q3 FY25. The counter slipped 3.61% to currently trade at Rs 22.94 on the BSE.Powered by Capital Market - Live