Magellanic Cloud unit wins ₹9.72 crore railway surveillance order

1 min read     Updated on 03 Jun 2026, 04:39 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Magellanic Cloud's subsidiary Provigil Surveillance secured a ₹9.72 crore order from East Coast Railway for CCTV installation at 91 level crossings. The project involves supply, installation, and commissioning over six months. Cumulative railway orders for the company have now surpassed ₹250 crore.

powered bylight_fuzz_icon
41987367

*this image is generated using AI for illustrative purposes only.

Magellanic Cloud announced that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from East Coast Railway, Sambalpur Division, for a contract valued at ₹9.72 crore. This order reinforces the company's position as a surveillance technology partner for the public sector and contributes to its cumulative railway orders which now exceed ₹250 crore. The project focuses on enhancing safety and security across railway assets through modern infrastructure deployment.

The scope of the contract entails the supply, installation, testing, commissioning, and integration of CCTV surveillance systems and associated networking infrastructure. Specifically, the systems will be deployed at 91 manned non-interlocked Level Crossing (LC) Gates under the Sambalpur Division of East Coast Railway. The execution period for the order is set at 6 months.

Contract Details

The following table outlines the key particulars of the order received:

Particulars Details
Name of entity awarding the order East Coast Railway, Sambalpur Division
Nature of Order/Contract Supply, installation, testing, commissioning and integration of CCTV surveillance systems and associated networking infrastructure
Time period for execution 6 Months
Broad consideration INR 9.72 Crore Approx.
Related party transaction No

The disclosure confirms that none of the promoter, promoter group, or group companies hold any interest in the entity awarding the contract. Furthermore, the order does not fall within the ambit of related party transactions. The company continues to focus on deepening engagement with PSUs and government agencies to leverage long-term growth opportunities in digital infrastructure and asset protection.

Historical Stock Returns for Magellanic Cloud

1 Day5 Days1 Month6 Months1 Year5 Years
-1.16%-6.36%-6.39%-0.35%-66.25%-66.42%

How will this contract impact Magellanic Cloud's revenue growth for the current fiscal year?

What are the company's strategies to secure more orders from other railway divisions or government sectors?

Will the successful execution of this project lead to similar opportunities in other regions?

Magellanic Cloud unit wins Rs 4.31 crore railway order

1 min read     Updated on 03 Jun 2026, 04:34 AM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Provigil Surveillance Limited, a wholly owned subsidiary of Magellanic Cloud Limited, has received a Letter of Acceptance from South Western Railway, Hubli Division, for a contract valued at INR 4.31 Crore. The project involves the provision of CCTV surveillance systems at 75 Non-Interlocked Manned Level Crossing Gates, including supply, installation, and integration. With cumulative railway sector orders exceeding ₹250 Crore, this order strengthens the company's footprint in Southern and South-Western railway networks.

powered bylight_fuzz_icon
41574992

*this image is generated using AI for illustrative purposes only.

Provigil Surveillance Limited, a wholly owned subsidiary of Magellanic Cloud Limited , has secured a Letter of Acceptance (LOA) from South Western Railway, Hubli Division, valued at approximately INR 4.31 Crore. The project involves the provision of CCTV surveillance systems at 75 Non-Interlocked Manned Level Crossing Gates to enhance safety and monitoring. This contract reinforces the company's presence in Southern and South-Western railway networks, with cumulative railway sector orders now exceeding ₹250 Crore.

Order Details

The scope of work encompasses the supply, installation, testing, commissioning, and integration of CCTV and video surveillance systems. It includes networking and telecom infrastructure, monitoring systems integration, power backup arrangements, solar power systems, and computer vision-based gate monitoring solutions. The execution period for the order is set at 6 months. The awarding entity, South Western Railway, is classified as a domestic entity, and the contract does not fall within the purview of related party transactions.

Contract Overview

Particulars Details
Name of entity awarding the order South Western Railway, Hubli Division
Nature of Order/Contract Supply, installation, testing, commissioning and integration of CCTV surveillance systems
Time period for execution 6 Months
Broad consideration INR 4.31 Crore Approx.
Related party transaction No

The continued order inflow reflects Magellanic Cloud Limited's execution capabilities and domain expertise in delivering integrated surveillance and security solutions across critical infrastructure. The disclosure was made to the exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Magellanic Cloud

1 Day5 Days1 Month6 Months1 Year5 Years
-1.16%-6.36%-6.39%-0.35%-66.25%-66.42%

How might this contract influence Magellanic Cloud's ability to secure similar surveillance projects from other railway divisions?

What is the potential impact of the 6-month execution period on the company's revenue recognition for the current fiscal year?

Could the success of this pilot project lead to larger-scale adoption of computer vision-based gate monitoring across Indian Railways?

More News on Magellanic Cloud

1 Year Returns:-66.25%