{"id":59277,"date":"2026-08-19T18:22:53","date_gmt":"2026-08-19T12:52:53","guid":{"rendered":"https:\/\/khabarerajasthan.com\/index.php\/2026\/08\/19\/magellanic-cloud-builds-strong-growth-momentum-with-continuous-order-wins-worth-over-rs-111-04-crore\/"},"modified":"2026-08-19T18:22:53","modified_gmt":"2026-08-19T12:52:53","slug":"magellanic-cloud-builds-strong-growth-momentum-with-continuous-order-wins-worth-over-rs-111-04-crore","status":"publish","type":"post","link":"https:\/\/khabarerajasthan.com\/index.php\/2026\/08\/19\/magellanic-cloud-builds-strong-growth-momentum-with-continuous-order-wins-worth-over-rs-111-04-crore\/","title":{"rendered":"Magellanic Cloud Builds Strong Growth Momentum with Continuous Order Wins Worth Over \u20b9111.04 Crore"},"content":{"rendered":"

Hyderabad (Telangana) [India], August 19:<\/strong> Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891),\u00a0<\/strong>continues to demonstrate strong business momentum, securing order after order in recent months and strengthening its order pipeline, customer base and revenue visibility. The Company and its subsidiaries have secured a series of orders from\u00a0leading Indian Railways divisions, BFSI institutions Global Technology Giant, GAIL (India) Limited, PSU Banks and DFCCIL. With orders aggregating over\u00a0\u20b9111.04 Crore secured within a relatively short period<\/strong>, the consistent pace of business wins highlights the Company’s strong execution momentum and growing market opportunities.\u00a0The Company expects to build further on this order momentum through the balance of FY27, with continued opportunities across its technology, e-surveillance and digital infrastructure businesses.<\/strong><\/p>\n

Continuous Order Momentum<\/strong><\/p>\n

\u00b7 24th<\/sup> April 2026 \u2013 Northwestern Railway<\/strong>: Bagged a \u20b9<\/strong>8.21 Crore<\/strong> railway surveillance project through Provigil for the Bikaner Division.<\/p>\n

\u00b7 7 May 2026 <\/strong>\u2013<\/strong> Southeastern Railway<\/strong>: Secured a \u20b9<\/strong>3.44 Crore<\/strong> AI-led railway e-surveillance project through Provigil.<\/p>\n

\u00b7 11 May 2026 <\/strong>\u2013<\/strong> South-Western Railway<\/strong>: Secured a \u20b9<\/strong>3.59 Crore<\/strong> railway surveillance project through Provigil.<\/p>\n

\u00b7 29 May 2026 <\/strong>\u2013<\/strong> South Central Railway<\/strong>: Secured a \u20b9<\/strong>7.64 Crore<\/strong> e-surveillance order for the Nanded Division.<\/p>\n

\u00b7 2 June 2026 \u2013 East Coast & South Western Railway<\/strong>: Secured combined orders worth \u20b9<\/strong>4.31 Crore<\/strong>, taking the railway order book beyond \u20b9<\/strong>250 Crore<\/strong>.<\/p>\n

\u00b7 20 June 2026 <\/strong>\u2013<\/strong> East Central Western Railway<\/strong>: Secured order worth \u20b9<\/strong>3.13 Crore<\/strong> for railway surveillance through Provigil for the Dhanbad division<\/strong>.<\/p>\n

\u00b7 30 June 2026 <\/strong>\u2013<\/strong> Manappuram Finance<\/strong>: IVIS received an LOI for AI-powered e-surveillance across 1,000+ branches, expanding the Company’s BFSI opportunity.<\/p>\n

\u00b7 6 July 2026 \u2013 South Central Railway<\/strong>: Secured another \u20b9<\/strong>6.25 Crore<\/strong> railway surveillance order.<\/p>\n

\u00b7 13 July 2026 <\/strong>\u2013<\/strong> South Central Railway<\/strong>: Secured a further \u20b9<\/strong>6.93 Crore<\/strong> order, taking the two railway wins within the week to \u20b9<\/strong>13.18 Crore<\/strong>.<\/p>\n

\u00b7 29 July 2026 <\/strong>\u2013<\/strong> Global Technology Giant<\/strong>: Motivity Labs secured multiple Purchase Orders from a leading global technology company belonging to the MANGA group worth approximately US$1.21 Million, equivalent to approximately \u20b9<\/strong>11.62 Crore<\/strong> at \u20b996\/US$, strengthening the Company’s global technology business and revenue visibility.<\/p>\n

\u00b7 30 July 2026 \u2013 GAIL (India) Limited<\/strong>: Provigil secured a \u20b9<\/strong>12.76 Crore<\/strong> order for an integrated e-surveillance project, expanding the Company’s presence in critical infrastructure.<\/p>\n

\u00b7 7 August 2026 <\/strong>\u2013<\/strong> Western Railway<\/strong>: Secured a \u20b9<\/strong>12.13 Crore<\/strong> railway surveillance project for the Ratlam Division.<\/p>\n

\u00b7 12 August 2026 <\/strong>\u2013<\/strong> Punjab National Bank (PNB)<\/strong>: IVIS secured multiple Purchase Orders through NCR Corporation India Private Limited for e-surveillance across 1,000 PNB ATM sites, with an aggregate value of approximately \u20b9<\/strong>18.4 Crore<\/strong> over five years, comprising Capex and Opex components.<\/p>\n

\u00b7 13 August 2026 <\/strong>\u2013<\/strong> Dedicated Freight Corridor Corporation of India Limited (DFCCIL)<\/strong>: Provigil Surveillance Limited received a \u20b9<\/strong>3.73 Crore<\/strong> LOA for CCTV surveillance across the Western Dedicated Freight Corridor, covering a five-year OPEX contract for surveillance system deployment and operations.<\/p>\n

\u00b7 18 August 2026 \u2013 Dedicated Freight Corridor Corporation of India Limited (DFCCIL)<\/strong>: Provigil Surveillance Limited secured another \u20b9<\/strong>8.90 Crore<\/strong> order for an IP-based CCTV surveillance system across various DFCCIL locations, under a five-year OPEX model, further strengthening the Company’s order momentum.<\/p>\n

\n\n\n\n
Commenting on the Company’s continued order momentum, Mr. Joseph Sudheer Reddy Thumma, Chairman & Managing Director, Magellanic Cloud Limited, said: <\/strong>\u201c<\/em>The consistent flow of orders reflects the growing acceptance of our technology-led solutions and the strength of our execution capabilities. Our focus remains on building a diversified and scalable business platform, expanding our customer base and converting the growing opportunity pipeline into sustainable revenue growth. The continued addition of marquee institutional and corporate customers provides increasing visibility for our next phase of growth.<\/em>\u201d<\/em><\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

About Magellanic Cloud Limited<\/strong><\/p>\n

Magellanic Cloud Limited (BSE: 538891 | NSE: MCLOUD)<\/strong>, headquartered in Hyderabad, India, is a global technology company specialising in digital transformation, Generative Artificial Intelligence (AI), cloud computing, e-surveillance, and drone technologies. The company delivers advanced solutions across industries, including smart infrastructure, defence, fintech, and enterprise IT, serving over 100 clients across the USA, Europe, and Asia.<\/p>\n

With a strong ecosystem of subsidiaries – Motivity Labs, Provigil Surveillance Limited, IVIS International, Scandron, MCRAYXTEND India and JNIT Technologies<\/strong> – Magellanic Cloud offers integrated capabilities across IT services and AI-driven surveillance systems. Its solutions are widely deployed in critical infrastructure projects, including railways, highways, BFSI, PSUs and urban security systems.<\/p>\n

The company is backed by a team of over 1,600 professionals and has achieved CMMI Maturity Level 3 certification.<\/p>\n

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n

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Hyderabad (Telangana) [India], August 19: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891),\u00a0continues to demonstrate strong business momentum, securing order after order in recent months and strengthening its order pipeline, customer base and revenue visibility. The Company and its subsidiaries have secured a series of orders from\u00a0leading Indian Railways divisions, BFSI institutions Global Technology Giant, […]<\/p>\n","protected":false},"author":1,"featured_media":59276,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-59277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/khabarerajasthan.com\/index.php\/wp-json\/wp\/v2\/posts\/59277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/khabarerajasthan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/khabarerajasthan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/khabarerajasthan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/khabarerajasthan.com\/index.php\/wp-json\/wp\/v2\/comments?post=59277"}],"version-history":[{"count":0,"href":"https:\/\/khabarerajasthan.com\/index.php\/wp-json\/wp\/v2\/posts\/59277\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/khabarerajasthan.com\/index.php\/wp-json\/wp\/v2\/media\/59276"}],"wp:attachment":[{"href":"https:\/\/khabarerajasthan.com\/index.php\/wp-json\/wp\/v2\/media?parent=59277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/khabarerajasthan.com\/index.php\/wp-json\/wp\/v2\/categories?post=59277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/khabarerajasthan.com\/index.php\/wp-json\/wp\/v2\/tags?post=59277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}