Magellanic Cloud files FY26 BRSR report highlighting export focus

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Exports constituted 77.9% of total turnover for FY26
  • IT consulting services drove 87.57% of revenue generation
  • Standalone workforce totaled 150 permanent employees
  • Energy intensity per rupee of turnover fell to 0.0056
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*this image is generated using AI for illustrative purposes only.

Magellanic Cloud has submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to stock exchanges, detailing its operational footprint and sustainability metrics.

The Hyderabad-based IT services firm reported that exports accounted for 77.9% of its total turnover during the financial year ended March 31, 2026. The company serves over 600 global enterprise clients, including Fortune 1,000 companies and public sector undertakings.

Business Operations and Revenue Mix

IT consulting services remained the primary revenue driver, contributing 87.57% of the entity's turnover. Monitoring services followed with a 7.32% share, while drone trading contributed 5.07%.

The company operates through two standalone offices in India, with subsidiaries maintaining a presence across 18 locations domestically and five offices internationally. Markets served span seven states and two union territories in India, alongside four international countries.

Business Activity Description % of Turnover
IT Consulting Services Development and Designing of Software Applications 87.57%
Monitoring Services E-Surveillance 7.32%
Trading- Drone Trading of Goods 5.07%

Workforce and Human Capital

As of the end of FY26, Magellanic Cloud employed 150 permanent staff members on a standalone basis. The workforce comprised 64.67% male employees and 35.33% female employees. No differently abled employees were reported in the permanent category.

The Board of Directors includes seven members, with women representing 28.57% of the composition. Key Management Personnel consisted of five individuals, none of whom were female.

Employee turnover rates for permanent staff showed variation across genders. Male turnover stood at 23.7%, while female turnover was recorded at 17.6% for FY26.

Environmental Impact

The company reported total energy consumption from non-renewable sources at 60,05,967 Joules, up from 54,08,000 Joules in the prior year. Energy intensity per rupee of turnover decreased to 0.0056 from 0.0066 in FY25.

Water withdrawal was limited to third-party sources, totaling 1,416 kiloliters for human use in office premises. The company does not generate industrial wastewater or significant air emissions due to its service-oriented business model.

Governance and Compliance

Magellanic Cloud reported no material fines, penalties, or regulatory actions involving the company or its directors during the financial year. Zero complaints were filed or pending resolution across all stakeholder groups, including employees, customers, and shareholders.

The company confirmed compliance with applicable environmental laws and reported no instances of child labor, forced labor, or sexual harassment complaints under the POSH Act.

Historical Stock Returns for Magellanic Cloud

1 Day5 Days1 Month6 Months1 Year5 Years
-0.19%-2.74%-12.67%+10.58%-67.55%0.0%

How does Magellanic Cloud plan to diversify its revenue streams beyond IT consulting to mitigate the risk of over-reliance on a single service segment?

What specific strategies will the company implement to address the gender disparity in Key Management Personnel and improve female representation at the executive level?

Given the 11% increase in non-renewable energy consumption, what roadmap has Magellanic Cloud outlined to transition towards renewable energy sources in the coming fiscal years?

Magellanic Cloud schedules 45th AGM for September 30, 2026

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Magellanic Cloud schedules its 45th AGM for September 30, 2026
  • The meeting will be held via Video Conferencing or OAVM
  • Remote e-voting opens on September 27 and closes on September 29
  • Electronic dispatch of annual report complies with MCA and SEBI circulars
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*this image is generated using AI for illustrative purposes only.

Magellanic Cloud has scheduled its 45th Annual General Meeting (AGM) for Wednesday, September 30, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means (OAVM), in compliance with Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company dispatched the Annual Report for the financial year ended March 31, 2026, along with the AGM notice dated September 01, 2026, to members electronically on Tuesday, September 08, 2026. Physical copies were dispensed with pursuant to circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).

E-Voting Schedule

Shareholders eligible to vote are determined as on the cut-off date of Wednesday, September 23, 2026. The remote e-voting period is structured as follows:

  • Start: Sunday, September 27, 2026, at 9:00 am
  • End: Tuesday, September 29, 2026, at 5:00 pm

Shareholders who have not registered their email addresses with the company, Registrar and Transfer Agents (RTA), or Depositories (DPs) will receive a letter containing a web-link to access the Annual Report from the company’s website, in accordance with Regulation 36(1)(b) of the SEBI Listing Regulations.

The full Annual Report and AGM Notice are available on the company’s website.

Historical Stock Returns for Magellanic Cloud

1 Day5 Days1 Month6 Months1 Year5 Years
-0.19%-2.74%-12.67%+10.58%-67.55%0.0%

What key financial metrics or strategic initiatives are expected to be highlighted in the FY2026 Annual Report that could influence investor sentiment?

How might the proposed resolutions for the AGM impact Magellanic Cloud's capital structure or dividend policy for the upcoming fiscal year?

Are there any anticipated changes to the board of directors or executive compensation packages that shareholders should scrutinize during the e-voting period?

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1 Year Returns:-67.55%