Magellanic Cloud Ltd
Magellanic Cloud Ltd is a technology group operating through subsidiaries across IT/ITES, AI-enabled e-surveillance and drones/UAVs. Motivity Labs and JNIT provide digital engineering and staffing; IVIS/Provigil deliver surveillance platforms, monitoring and systems integration; Scandron develops drones, while Finoux adds fintech capabilities. The group serves enterprises and public-infrastructure customers in India and overseas. [1]
- Market Cap ₹ 1,548 Cr.
- Current Price ₹ 26.3
- High / Low ₹ 87.0 / 19.4
- Stock P/E 13.9
- Book Value ₹ 11.6
- Dividend Yield 0.11 %
- ROCE 19.8 %
- ROE 19.2 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 22.7%
Cons
- Promoters have pledged 46.8% of their holding.
- Company has high debtors of 184 days.
- Promoter holding has decreased over last 3 years: -4.60%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 20 | 161 | 204 | 174 | 212 | 253 | 427 | 561 | 600 | 698 | 714 | |
| 18 | 154 | 193 | 164 | 210 | 245 | 319 | 377 | 394 | 482 | 504 | |
| Operating Profit | 2 | 7 | 10 | 11 | 2 | 7 | 108 | 184 | 206 | 216 | 210 |
| OPM % | 8% | 4.7% | 5% | 6% | 0.7% | 2.9% | 25% | 33% | 34% | 31% | 29% |
| 0 | -0 | 0 | 1 | 2 | 30 | 19 | 17 | 4 | 7 | 8 | |
| Interest | 0 | 0 | 1 | 1 | 1 | 2 | 12 | 21 | 25 | 26 | 26 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 3 | 21 | 40 | 42 | 51 | 55 |
| Profit before tax | 1 | 7 | 9 | 9 | 1 | 33 | 94 | 140 | 143 | 146 | 137 |
| Tax % | 39% | 36% | 17% | 24% | -48% | 10% | 21% | 27% | 28% | 22% | |
| 1 | 4 | 8 | 7 | 2 | 29 | 74 | 103 | 103 | 114 | 110 | |
| EPS in Rs | 0.02 | 0.09 | 0.16 | 0.12 | 0.04 | 0.59 | 1.26 | 1.76 | 1.76 | 1.94 | 1.88 |
| Dividend Payout % | 29% | 0% | 0% | 21% | 71% | 4% | 2% | 2% | 2% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 27% |
| 3 Years: | 18% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 130% |
| 3 Years: | 16% |
| TTM: | 8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 36% |
| 5 Years: | 53% |
| 3 Years: | -31% |
| 1 Year: | -66% |
| Return on Equity | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 25% |
| 3 Years: | 23% |
| Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 25 | 25 | 25 | 25 | 117 | 117 | 117 | 118 |
| Reserves | 30 | 34 | 23 | 29 | 28 | 52 | 180 | 290 | 401 | 569 |
| 7 | 1 | 11 | 39 | 80 | 91 | 216 | 279 | 257 | 292 | |
| 18 | 30 | 19 | 33 | 21 | 27 | 207 | 114 | 115 | 175 | |
| Total Liabilities | 60 | 70 | 78 | 127 | 155 | 195 | 720 | 799 | 889 | 1,153 |
| 18 | 19 | 18 | 46 | 72 | 72 | 429 | 440 | 444 | 537 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 22 | 42 | 5 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 47 |
| 42 | 51 | 59 | 81 | 83 | 123 | 289 | 337 | 398 | 563 | |
| Total Assets | 60 | 70 | 78 | 127 | 155 | 195 | 720 | 799 | 889 | 1,153 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -2 | 8 | -10 | 12 | -15 | 50 | 160 | 32 | 143 | 92 | |
| 3 | -1 | 1 | -8 | -21 | -4 | -367 | -76 | -64 | -164 | |
| -1 | -6 | 10 | 5 | 31 | 7 | 203 | 6 | -48 | 44 | |
| Net Cash Flow | -0 | 0 | 0 | 9 | -4 | 53 | -5 | -37 | 31 | -28 |
| Free Cash Flow | -2 | 7 | -10 | 3 | -36 | 45 | 52 | -45 | 84 | 27 |
| CFO/OP | -110% | 149% | -67% | 146% | -799% | 719% | 158% | 32% | 75% | 58% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 517 | 78 | 70 | 91 | 78 | 60 | 58 | 153 | 170 | 184 |
| Inventory Days | 20 | |||||||||
| Days Payable | 191 | |||||||||
| Cash Conversion Cycle | 517 | 78 | 70 | 91 | -93 | 60 | 58 | 153 | 170 | 184 |
| Working Capital Days | 320 | 46 | 51 | 35 | 77 | 12 | -13 | 86 | 62 | 113 |
| ROCE % | 18% | 20% | 13% | 2% | 23% | 31% | 27% | 23% | 20% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Group Workforce (Total Employees) count |
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| E-Surveillance Locations / ATMs Monitored count |
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| New Contract Wins / Total Contract Value INR crore |
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| Number of Clients Served (Group) count |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Director
- Mr. Elisha Thatisetty resigned as Independent Director effective September 1, 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
- Independent Director Elisha Thatisetty resigned effective September 1, 2026, citing personal reasons and professional commitments.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Completed handover of 685 of 930 Punjab & Sind Bank sites, 74% in five months.
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Announcement under Regulation 30 (LODR)-Change in Management
- Board appointed senior management personnel and scheduled 45th AGM for September 30, 2026.
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Board Meeting Outcome for Outcome Of The Board Meeting
- Board approved senior management appointments on September 1, 2026, and AGM notice for September 30, 2026.
Annual reports
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Annual Report 2025
from bse
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Annual Report 2024
from web
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2012
from bse
Business Model:[1]
The group reports 3
segments which are:
a) IT/ITES services
b) IT-surveillance
c) Drones