MCLOUD
Magellanic Cloud share price & financials
- Price
- ₹29.24
- Market cap
- ₹1.5k Cr
- Sector
- Information Technology
What Magellanic Cloud Limited does
Magellanic Cloud Limited is a Hyderabad-headquartered technology group that operates through subsidiaries across three verticals: IT services and digital transformation (Motivity Labs, JNIT Technologies), AI-powered e-surveillance (Provigil Surveillance Limited, IVIS International), and drone/UAV manufacturing (Scandron). It earns by delivering cloud, DevOps, GenAI/ML and staffing services to global enterprise clients, and by designing, deploying and servicing AI-based video surveillance systems built on its own Scanalitix VMS and analytics platform for banks, railways, highways and industrial sites, alongside manufacturing UAVs for defense, agriculture and logistics use cases.
Segments
- IT & ITES
- E-Surveillance
- Drones
- Employees
- 1,600+ professionals
- Clients served
- 100+ clients across USA, Europe and Asia
- Operating subsidiaries
- Motivity Labs, Scandron, IVIS International, Finoux and JNIT Technologies
- Office/delivery locations
- 9 locations — Dallas (USA), Ontario (Canada), Singapore, and Bangalore, Hyderabad, Mumbai, Noida, Patna, Vijayawada (India)
- Railway surveillance deployment
- AI-driven surveillance solutions deployed across 484 railway stations (Provigil)
- Highway surveillance deployment
- AI-powered audit camera systems deployed across toll plazas in 8 states (IHMCL/NHAI initiative)
Quarterly results
Q1 FY27: revenue down 19.1%, net profit down 6.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 27 | 19 | 19 | 30 | 24 −12% | 25 +29% | 24 +23% | 24 −19% |
| EBITDA | 11 | 10 | 10 | 14 | 14 +27% | 15 +40% | 15 +54% | 15 +5% |
| Net profit | 4 | 4 | 4 | 5 | 5 +28% | 5 +37% | 6 +66% | 5 −6% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −67.2% 1Y
1Y: ₹78.27 on 10 Sept 2025 → ₹25.67. High ₹85.12 (23 Sept 2025), low ₹19.79 (30 Mar 2026).
Financials, as filed
Revenue fell 37.7% a year over 3 years, FY23 to FY26. Operating margin widened to 56.5%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹421 Cr | ₹75 Cr | ₹82 Cr | ₹102 Cr |
| Operating profit | ₹108 Cr | ₹38 Cr | ₹40 Cr | ₹58 Cr |
| Operating margin | 25.7% | 51.1% | 49.4% | 56.5% |
| Interest | ₹11 Cr | ₹14 Cr | ₹21 Cr | ₹28 Cr |
| Depreciation | ₹22 Cr | ₹3 Cr | ₹3 Cr | ₹5 Cr |
| Net profit | ₹74 Cr | ₹18 Cr | ₹14 Cr | ₹21 Cr |
| Net margin | 17.6% | 24.4% | 17.6% | 20.4% |
| Cash from operations | ₹47 Cr | ₹-11 Cr | ₹3 Cr | ₹33 Cr |
| Free cash flow | ₹46 Cr | ₹-13 Cr | ₹2 Cr | ₹10 Cr |
| ROCE | 14.0% | 12.0% | 10.0% | 12.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹25 Cr | ₹25 Cr | ₹117 Cr | ₹117 Cr | ₹117 Cr | ₹118 Cr |
| Reserves | ₹13 Cr | ₹14 Cr | ₹61 Cr | ₹78 Cr | ₹461 Cr | ₹143 Cr |
| Borrowings | ₹17 Cr | ₹14 Cr | ₹91 Cr | ₹185 Cr | ₹271 Cr | ₹284 Cr |
| Other liabilities | ₹5 Cr | ₹15 Cr | ₹149 Cr | ₹66 Cr | ₹183 Cr | ₹19 Cr |
| Total liabilities | ₹60 Cr | ₹68 Cr | ₹418 Cr | ₹446 Cr | ₹1.0k Cr | ₹564 Cr |
| Fixed assets | ₹18 Cr | ₹17 Cr | ₹16 Cr | ₹14 Cr | ₹522 Cr | ₹31 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹7 Cr | ₹1 Cr |
| Investments | ₹26 Cr | ₹27 Cr | ₹366 Cr | ₹355 Cr | ₹44 Cr | ₹454 Cr |
| Other assets | ₹17 Cr | ₹24 Cr | ₹36 Cr | ₹77 Cr | ₹458 Cr | ₹78 Cr |
| Total assets | ₹60 Cr | ₹68 Cr | ₹418 Cr | ₹446 Cr | ₹1.0k Cr | ₹564 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +4.47 pp while promoters trimmed −4.26 pp. The shareholder count grew 175% to 1,06,404.
- Promoters
- 54.0%
- FIIs
- 0.2%
- DIIs
- 0.0%
- Public
- 45.7%
Since Jun 2025
- Public +4.47 pp
- Promoters −4.26 pp
- FIIs −0.23 pp
How it drifted, 12 quarters
Over this window promoters fell from 58.6% to 54.0% — −4.6 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 58.6%, FIIs 0.2%, Public 41.1%.Dec '23: Promoters 58.6%, FIIs 0.4%, Public 40.9%.Mar '24: Promoters 58.6%, FIIs 0.2%, Public 41.2%.Jun '24: Promoters 58.3%, FIIs 0.3%, Public 41.4%.Sep '24: Promoters 58.3%, FIIs 1.1%, Public 40.6%.Dec '24: Promoters 58.3%, FIIs 0.9%, Public 40.8%.Mar '25: Promoters 58.3%, FIIs 0.5%, DIIs 0.0%, Public 41.2%.Jun '25: Promoters 58.3%, FIIs 0.4%, Public 41.3%.Sep '25: Promoters 58.3%, FIIs 0.4%, Public 41.3%.Dec '25: Promoters 54.0%, FIIs 0.3%, Public 45.7%.Mar '26: Promoters 54.0%, FIIs 0.2%, DIIs 0.0%, Public 45.7%.Jun '26: Promoters 54.0%, FIIs 0.2%, DIIs 0.0%, Public 45.7%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Sanjay Mahendra Chauhan newly disclosed 2.42% held
- Manjula Thumma newly disclosed 0.00% held
- RPR Wyatt INC newly disclosed 0.00% held
- Hoozin newly disclosed 0.00% held
- Trutalent INC newly disclosed 0.00% held
- Nexjit Systems Private Limited newly disclosed 0.00% held
The same filing shows 1 holder trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Magellanic Cloud Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Joseph Sudheer Reddy Thumma | 35.90% | unchanged |
| Jagan Mohan Reddy Thumma | 7.98% | unchanged |
| Dennisreddy Thumma | 5.80% | unchanged |
| Venkatesan Ramasamy | 4.34% | unchanged |
| Innamma Thumma | 4.29% | unchanged |
| Thangavelu Selvaraj | 3.70% | unchanged |
| Vijay Mahendra Chauhan | 2.66% | unchanged |
| Sanjay Mahendra Chauhan | 2.42% | newly disclosed |
| Varsha Chauhan | 1.66% | −0.88 pp |
| Kutir Navinchandra Patel | 1.05% | unchanged |
| Boyapati Inna Reddy | 0.07% | unchanged |
| Manjula Thumma | 0.00% | newly disclosed |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
Growth trapTo justify its price of ₹26, this stock must grow earnings at 41% every year for 7 years. Our analysis caps realistic growth at ~-32%. At that growth it is worth ₹1 — downside of 98%.
- Growth the price implies
- 41.5% a year
- for 7 years, fading to 4%
- It has actually compounded at
- -31.0% a year
- net profit, FY23–FY26 · EPS -32.2%
- The gap
- 0.7 pp
- -98% downside if it only repeats history
Learn to analyse Magellanic Cloud Limited
Guides on how to read this kind of business and the numbers that matter.