BSECompany Update1d ago · 19 Aug 2026, 09:09 am
Attached Herewith Intimation for press release
Magellanic Cloud Ltd · 538891
✦ AI Summary▲ PositiveOrder Win
Magellanic Cloud Ltd has announced securing orders worth over ₹111.04 Crore from various clients, including Indian Railways divisions, BFSI institutions, and PSU Banks, demonstrating strong business momentum and revenue visibility.
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Full Announcement
Magellanic Cloud Ltd - 538891 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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August 19, 2026
Bombay Stock Exchange Limited, National Stock Exchange of India Ltd.,
Dept. of Corporate Services, Dept. of Corporate Services,
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F ort, Mumbai - 400001 B andra (East), Mumbai - 400051
Sub: Submission of Press Release – “Magellanic Cloud Builds Strong Growth Momentum
with Continuous Order Wins Worth Over ₹111.04 Crore”
Respected Sir/Madam,
With reference to the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Reg.u”l ations, 2015 (“Listing Regulations”), please find enclosed herewith the Press
Release titled Magellanic Cloud Builds Strong Growth Momentum with Continuous Order Wins Worth
Over ₹111.04 Crore
The same has also been made available on the website of the Company i.e. www.magellanic-cloud.com
We request you to kindly take the above on record.
Thanking You,
For Magellanic Cloud Limited
Y ours faithfully,
Jagan Mohan Reddy Thumma
Managing Director
DIN: 06554945
Encl:
MAGELLANIC CLOUDLIMITED
Formerly known as South India Projects Limited
CIN: L72100TG1981PLC169991
Registered Office: 6th Floor, Dallas Center, 83/1, Plot No A1 Knowledge City, Rai Durg Hyderabad Rangareddi TG 500032
Telephone No.: 040-46515454
www.magellanic-cloud.com info@magellanic-cloud.com
Magellanic Cloud Builds Strong Growth Momentum with Continuous
Order Wins Worth Over ₹111.04 Crore
Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891) continues to demonstrate strong
business momentum, securing order after order in recent months and strengthening its
order pipeline, customer base and revenue visibility. The Company and its subsidiaries
have secured a series of orders from leading Indian Railways divisions, BFSI institutions
Global Technology Giant , GAIL (India) Limited, PSU Banks and DFCCIL. With orders
aggregating over ₹111.04 Crore secured within a relatively short period, the consistent
pace of business wins highlights the Company's strong execution momentum and growing
market opportunities. The Company expects to build further on this order momentum
through the balance of FY27, with continued opportunities across its technology, e-
surveillance and digital infrastructure businesses.
Continuous Order Momentum
• 24th April 2026 – Northwestern Railway: Bagged a ₹8.21 Crore railway surveillance
project through Provigil for the Bikaner Division.
• 7 May 2026 – Southeastern Railway: Secured a ₹3.44 Crore AI-led railway e-surveillance
project through Provigil.
• 11 May 2026 – South-Western Railway: Secured a ₹3.59 Crore railway surveillance
project through Provigil.
• 29 May 2026 – South Central Railway: Secured a ₹7.64 Crore e-surveillance order for
the Nanded Division.
• 2 June 2026 – East Coast & South Western Railway: Secured combined orders worth
₹4.31 Crore, taking the railway order book beyond ₹250 Crore.
• 20 June 2026 – East Central Western Railway: Secured order worth ₹3.13 Crore for
railway surveillance through Provigil for the Dhanbad division.
• 30 June 2026 – Manappuram Finance: IVIS received an LOI for AI-powered e-
surveillance across 1,000+ branches, expanding the Company's BFSI opportunity.
• 6 July 2026 – South Central Railway: Secured another ₹6.25 Crore railway surveillance
order.
• 13 July 2026 – South Central Railway: Secured a further ₹6.93 Crore order, taking the
two railway wins within the week to ₹13.18 Crore.
• 29 July 2026 – Global Technology Giant: Motivity Labs secured multiple Purchase
Orders from a leading global technology company belonging to the MANGA group worth
approximately US$1.21 Million, equivalent to approximately ₹11.62 Crore at ₹96/US$,
strengthening the Company's global technology business and revenue visibility.
• 30 July 2026 – GAIL (India) Limited: Provigil secured a ₹12.76 Crore order for an
integrated e-surveillance project, expanding the Company's presence in critical
infrastructure.
• 7 August 2026 – Western Railway: Secured a ₹12.13 Crore railway surveillance project
for the Ratlam Division.
• 12 August 2026 – Punjab National Bank (PNB): IVIS secured multiple Purchase Orders
through NCR Corporation India Private Limited for e-surveillance across 1,000 PNB ATM
sites, with an aggregate value of approximately ₹18.4 Crore over five years, comprising
Capex and Opex components.
• 13 August 2026 – Dedicated Freight Corridor Corporation of India Limited (DFCCIL):
Provigil Surveillance Limited received a ₹3.73 Crore LOA for CCTV surveillance across the
Western Dedicated Freight Corridor, covering a five-year OPEX contract for surveillance
system deployment and operations.
• 18 August 2026 – Dedicated Freight Corridor Corporation of India Limited (DFCCIL):
Provigil Surveillance Limited secured another ₹8.90 Crore order for an IP-based CCTV
surveillance system across various DFCCIL locations, under a five-year OPEX model,
further strengthening the Company's order momentum.
Management Commentary
Commenting on the Company's continued order momentum, Mr. Joseph Sudheer Reddy
Thumma, Chairman & Managing Director, Magellanic Cloud Limited, said:
“The consistent flow of orders reflects the growing acceptance of our technology-led
solutions and the strength of our execution capabilities. Our focus remains on building a
diversified and scalable business platform, expanding our customer base and converting
the growing opportunity pipeline into sustainable revenue growth. The continued addition
of marquee institutional and corporate customers provides increasing visibility for our next
phase of growth.”
About Magellanic Cloud Limited
Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891), headquartered in Hyderabad,
India, is a global technology company specialising in digital transformation, Generative
Artificial Intelligence (AI), cloud computing, e-surveillance, and drone technologies. The
company delivers advanced solutions across industries, including smart infrastructure,
defence, fintech, and enterprise IT, serving over 100 clients across the USA, Europe, and
Asia.
With a strong ecosystem of subsidiaries - Motivity Labs, Provigil Surveillance Limited,
IVIS International, Scandron, MCRAYXTEND India and JNIT Technologies - Magellanic
Cloud offers integrated capabilities across IT services and AI-driven surveillance systems.
Its solutions are widely deployed in critical infrastructure projects, including railways,
highways, BFSI, PSUs and urban security systems. The company is backed by a team of
over 1,600 professionals and has achieved CMMI Maturity Level 3 certification.