Magellanic Cloud Ltd Share Price – NSE /  BSE

IT - Software, Small Cap

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.

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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.

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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.

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Net profit of Magellanic Cloud declined 0.58% to Rs 29.16 crore in the quarter ended December 2025 as against Rs 29.33 crore during the previous quarter ended December 2024. Sales rose 8.26% to Rs 163.93 crore in the quarter ended December 2025 as against Rs 151.42 crore during the previous quarter ended December 2024.

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