Magellanic Cloud Ltd
Magellanic Cloud Limited was originally incorporated with ROC, Kolkata in 1981 in the name of “South India Projects Limited”. It is present in Europe, USA and Asia.
The company provides its IT services in software development, consulting and human resource business solutions i.e. listing employment vacancies and referring or placing applicants for employment. [1]
- Market Cap ₹ 6,141 Cr.
- Current Price ₹ 525
- High / Low ₹ 667 / 181
- Stock P/E 75.3
- Book Value ₹ 29.2
- Dividend Yield 0.03 %
- ROCE 31.2 %
- ROE 39.5 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 75.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.3%
- Company has been maintaining a healthy dividend payout of 25.8%
- Company's working capital requirements have reduced from 53.2 days to 25.5 days
Cons
- Stock is trading at 18.0 times its book value
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -5.52%
* 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.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
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 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 20 | 161 | 204 | 174 | 212 | 253 | 427 | 538 | |
| 18 | 154 | 193 | 164 | 210 | 245 | 319 | 376 | |
| Operating Profit | 2 | 7 | 10 | 11 | 2 | 7 | 108 | 162 |
| OPM % | 8% | 5% | 5% | 6% | 1% | 3% | 25% | 30% |
| 0 | -0 | 0 | 1 | 2 | 30 | 19 | 5 | |
| Interest | 0 | 0 | 1 | 1 | 1 | 2 | 12 | 18 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 3 | 21 | 36 |
| Profit before tax | 1 | 7 | 9 | 9 | 1 | 33 | 94 | 113 |
| Tax % | 39% | 36% | 17% | 24% | -48% | 10% | 21% | |
| 1 | 4 | 8 | 7 | 2 | 29 | 74 | 82 | |
| EPS in Rs | 0.09 | 0.44 | 0.78 | 0.59 | 0.18 | 2.93 | 6.32 | 7.04 |
| Dividend Payout % | 29% | 0% | 0% | 21% | 71% | 4% | 2% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 35% |
| TTM: | 45% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 76% |
| 3 Years: | 132% |
| TTM: | 42% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 136% |
| 3 Years: | 221% |
| 1 Year: | 185% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 34% |
| Last Year: | 40% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 25 | 25 | 25 | 25 | 117 | 117 |
| Reserves | 30 | 34 | 23 | 29 | 28 | 52 | 180 | 224 |
| 7 | 1 | 11 | 39 | 80 | 91 | 216 | 235 | |
| 18 | 30 | 19 | 33 | 21 | 27 | 207 | 194 | |
| Total Liabilities | 60 | 70 | 78 | 127 | 155 | 195 | 720 | 770 |
| 18 | 19 | 18 | 46 | 72 | 72 | 429 | 446 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 8 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 42 | 51 | 59 | 81 | 83 | 123 | 289 | 316 | |
| Total Assets | 60 | 70 | 78 | 127 | 155 | 195 | 720 | 770 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|
| -2 | 8 | -10 | 12 | -15 | 50 | 160 | |
| 3 | -1 | 1 | -8 | -21 | -4 | -367 | |
| -1 | -6 | 10 | 5 | 31 | 7 | 203 | |
| Net Cash Flow | -0 | 0 | 0 | 9 | -4 | 53 | -5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 517 | 78 | 70 | 91 | 78 | 60 | 58 |
| Inventory Days | 20 | ||||||
| Days Payable | 191 | ||||||
| Cash Conversion Cycle | 517 | 78 | 70 | 91 | -93 | 60 | 58 |
| Working Capital Days | 435 | 46 | 70 | 78 | 87 | 47 | 25 |
| ROCE % | 18% | 20% | 13% | 2% | 23% | 31% |
Documents
Announcements
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Compliance Certificate As per Regulation 40(9)
16m - Compliance Certificate As per Regulation 40(9) for Magellanic Cloud Limited
- Compliance Certificate Under Regulation 7(3) Of Securities And Exchange Board Of India (LODR) Regulations, 2015. 11 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - The securities received from the depository participants for dematerialisation during the quarter ended 31st march, 2024, were confirmed to the depositories and that securities comprised …
- Disclosure Under Regulation 31(4) Of SEBI (Substantial Acquisition Of Shares And Takeover) Regulation, 2011. 4 Apr
- Closure of Trading Window 28 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Products & Services
Human Capital - Magellanic Cloud provides Human Resource service to its customers.
Consulting - Under this, it advises on how to modernize the digital experience for employees and their customers.
DevOps - It helps organizations combine IT Operations and Software Development.
And other services like Quality Assurance, Drone Solutions, and a few more. [1]