Magellanic Cloud FY26 PAT rises to ₹304.4 crore

2 min read     Updated on 28 May 2026, 09:53 AM
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Magellanic Cloud Limited reported a consolidated net profit of ₹304.40 crore for FY26, an increase from ₹226 crore in the previous year. For Q4 FY26, consolidated net profit stood at ₹30.40 crore, while revenue from operations rose to ₹205.50 crore. The company's subsidiaries, including Provigil and Motivity Labs, secured significant orders in railways and BFSI sectors during the quarter.

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Magellanic Cloud Limited reported its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company recorded a consolidated net profit of ₹304.40 crore for FY26, an increase from ₹226 crore in the previous year. For the quarter ended March 31, 2026, consolidated net profit stood at ₹30.40 crore, compared to ₹22.60 crore in the same period last year. The board of directors approved the results at a meeting held on May 26, 2026.

Consolidated Financial Performance

Consolidated revenue from operations for Q4 FY26 rose to ₹205.50 crore from ₹156.30 crore in Q4 FY25. Total revenue for the quarter was ₹211.60 crore. For the full year FY26, revenue from operations reached ₹2,055.46 crore, up from ₹1,563.50 crore in FY25. Total revenue for the year was ₹2,111.27 crore. EBITDA for the quarter stood at ₹58.10 crore, with a margin of 28.3%.

The following table summarises the key consolidated financial metrics:

Metric: Q4 FY26 Q4 FY25 Q3 FY26 FY26 FY25
Revenue from Operations: ₹205.50 Cr ₹156.30 Cr ₹163.90 Cr ₹2,055.46 Cr ₹1,563.50 Cr
Total Income: ₹211.60 Cr ₹159.20 Cr ₹165.00 Cr ₹2,111.27 Cr ₹1,647.97 Cr
EBITDA: ₹58.10 Cr ₹48.00 Cr ₹53.70 Cr - -
Net Profit: ₹30.40 Cr ₹22.60 Cr ₹28.60 Cr ₹304.40 Cr ₹226.00 Cr

Standalone Performance

On a standalone basis, the company reported a net profit of ₹61.65 crore for Q4 FY26, compared to ₹37.24 crore in Q4 FY25. Revenue from operations for the quarter stood at ₹237.01 crore, up from ₹192.77 crore in the prior year. For the full year FY26, standalone net profit was ₹206.28 crore, compared to ₹136.35 crore in FY25. Revenue from operations for the year increased to ₹1,020.35 crore from ₹815.05 crore in the previous year.

Segment Performance

The company identified reportable segments as IT-Surveillance, IT/ITES Services, and Drone. IT/ITES Services contributed the highest revenue of ₹5,193.80 crore for FY26, followed by IT-Surveillance at ₹1,618.52 crore. The Drone segment reported revenue of ₹135.29 crore for the year. The total segment assets stood at ₹1,15,260.83 crore as of March 31, 2026.

Corporate Developments

The company participated in a rights issue by its subsidiary, Scandron Private Limited, subscribing to shares for an aggregate amount of ₹56 crore. The allotment of shares is pending. The statutory auditors for the results were M/s SGCO & Co, LLP.

Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the audited financial results in newspapers, including Business Standard and Mana Telangana, on May 27, 2026. The results are accessible on the company's website.

Operational Highlights

During Q4 FY26, the company's subsidiaries secured significant orders across e-surveillance and IT sectors. Provigil Surveillance Ltd. secured orders worth ₹4.10 crore from South Central Railway and ₹3.61 crore from Central Railway – Nagpur Division. It also bagged a ₹5.36 crore order for RDSO-compliant surveillance systems and a ₹6.16 crore order for level crossing gates. Additionally, Provigil received a Letter of Intent from RailTel Corporation of India Limited for ₹1.55 crore and a ₹2 crore mandate from Central Railway – Bhusawal Division. In the BFSI sector, Provigil secured orders exceeding ₹25 crore from Punjab & Sind Bank and ₹10 crore from Indian Bank. Motivity Labs secured an enterprise engagement renewal valued at $4.7 million.

Historical Stock Returns for Magellanic Cloud

1 Day5 Days1 Month6 Months1 Year5 Years
+8.55%+17.74%+16.46%+2.88%-62.84%-61.87%

What is the expected timeline for the completion of the rights issue allotment for Scandron Private Limited, and how will the ₹56 crore investment be utilized?

How will the recent surge in orders from the BFSI sector and Railways impact the revenue guidance for the first half of FY27?

What strategic initiatives is the company undertaking to scale the Drone segment, given its relatively lower revenue contribution compared to IT/ITES Services?

Magellanic Cloud pledges 10.95 crore shares in FY26

1 min read     Updated on 27 May 2026, 11:38 PM
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Magellanic Cloud disclosed that 10,94,83,767 equity shares held by promoters and promoter group were pledged as of March 31, 2026. The filing, submitted on April 7, 2026, confirms compliance with SEBI regulations and states no additional encumbrances were created during FY26.

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magellanic cloud disclosed that an aggregate of 10,94,83,767 equity shares held by its promoters and promoter group stand pledged as on March 31, 2026. The company submitted the disclosure to the Bombay Stock Exchange and the National Stock Exchange on April 7, 2026, under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that the details of encumbrances created by way of pledge over equity shares have been duly disclosed to the stock exchanges during the financial year ended March 31, 2026. The promoters stated that, save and except the encumbrances already disclosed, no additional encumbrance has been created directly or indirectly during the said financial year.

Shareholding and Pledging Details

As on March 31, 2026, the total shareholding of the promoter and promoter group in the company is detailed below:

Name Category Total number of Shares held Percentage Shareholding
JOSEPH SUDHEER REDDY THUMMA Promoter 211466356 35.899%
JAGAN MOHAN REDDY THUMMA Promoter 47000000 7.979%
INNAMMA THUMMA Promoter Group 25292980 4.294%
DENNISREDDY THUMMA Promoter Group 34141740 5.796%
BOYAPATI INNA REDDY Promoter Group 437760 0.074%

The filing was made on behalf of all promoters of Magellanic Cloud Limited by Joseph Sudheer Reddy Thumma. The company requested the exchanges to take the disclosure on record and acknowledge receipt of the same.

Historical Stock Returns for Magellanic Cloud

1 Day5 Days1 Month6 Months1 Year5 Years
+8.55%+17.74%+16.46%+2.88%-62.84%-61.87%

What is the purpose of the funds raised through this massive pledge, and will they be utilized for corporate growth or personal liquidity?

How does this high level of promoter pledging impact the company's credit rating and its ability to secure future borrowing?

What specific risk mitigation strategies are in place to prevent a forced sale of shares in the event of a market downturn?

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1 Year Returns:-62.84%