Order Wins Summary
Magellanic Cloud Limited and its subsidiaries have secured multiple orders totaling ₹111.04 crore from various clients including Indian Railways divisions, BFSI institutions, a global technology giant, GAIL (India) Limited, PSU Banks, and DFCCIL.
Detailed Order Breakdown
Railway Projects:
- 24th April 2026: ₹8.21 crore railway surveillance project for Northwestern Railway (Bikaner Division) through Provigil
- 7 May 2026: ₹3.44 crore AI-led railway e-surveillance project for Southeastern Railway through Provigil
- 11 May 2026: ₹3.59 crore railway surveillance project for South-Western Railway through Provigil
- 29 May 2026: ₹7.64 crore e-surveillance order for South Central Railway (Nanded Division)
- 2 June 2026: Combined orders worth ₹4.31 crore for East Coast & South Western Railway
- 20 June 2026: ₹3.13 crore railway surveillance order for East Central Western Railway (Dhanbad division) through Provigil
- 6 July 2026: ₹6.25 crore railway surveillance order for South Central Railway
- 13 July 2026: ₹6.93 crore order for South Central Railway
- 7 August 2026: ₹12.13 crore railway surveillance project for Western Railway (Ratlam Division)
BFSI Projects:
- 30 June 2026: IVIS received LOI from Manappuram Finance for AI-powered e-surveillance across 1,000+ branches
- 12 August 2026: IVIS secured multiple Purchase Orders through NCR Corporation India Private Limited for e-surveillance across 1,000 PNB ATM sites with aggregate value of approximately ₹18.4 crore over five years (Capex and Opex components)
Infrastructure & Technology Projects:
- 29 July 2026: Motivity Labs secured multiple Purchase Orders from a leading global technology company (MANGA group) worth approximately US$1.21 million (₹11.62 crore at ₹96/US$)
- 30 July 2026: Provigil secured ₹12.76 crore order from GAIL (India) Limited for integrated e-surveillance project
- 13 August 2026: Provigil Surveillance Limited received ₹3.73 crore LOA from DFCCIL for CCTV surveillance across Western Dedicated Freight Corridor (5-year OPEX contract)
- 18 August 2026: Provigil Surveillance Limited secured ₹8.90 crore order from DFCCIL for IP-based CCTV surveillance system across various locations (5-year OPEX model)
Management Commentary
Mr. Joseph Sudheer Reddy Thumma, Chairman & Managing Director, commented: "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."
Business Outlook
The 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. The railway order book has exceeded ₹250 crore.
Company Background
Magellanic Cloud Limited is a global technology company specializing in digital transformation, Generative Artificial Intelligence (AI), cloud computing, e-surveillance, and drone technologies. The company serves over 100 clients across USA, Europe, and Asia with subsidiaries including Motivity Labs, Provigil Surveillance Limited, IVIS International, Scandron, MCRAYXTEND India and JNIT Technologies. The company has over 1,600 professionals and CMMI Maturity Level 3 certification.