{"id":30242,"date":"2026-08-19T18:22:53","date_gmt":"2026-08-19T12:52:53","guid":{"rendered":"https:\/\/wowentrepreneurs.in\/index.php\/2026\/08\/19\/magellanic-cloud-builds-strong-growth-momentum-with-continuous-order-wins-worth-over-%e2%82%b9111-04-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-%e2%82%b9111-04-crore","status":"publish","type":"post","link":"https:\/\/wowentrepreneurs.in\/index.php\/2026\/08\/19\/magellanic-cloud-builds-strong-growth-momentum-with-continuous-order-wins-worth-over-%e2%82%b9111-04-crore\/","title":{"rendered":"Magellanic Cloud Builds Strong Growth Momentum with Continuous Order Wins Worth Over \u20b9111.04 Crore"},"content":{"rendered":"
\n

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\u2019s 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\u00a024th<\/sup>\u00a0April 2026 \u2013 Northwestern Railway<\/strong>: Bagged a\u00a0\u20b9<\/strong>8.21 Crore<\/strong>\u00a0railway surveillance project through Provigil for the Bikaner Division.<\/p>\n

\u00b7\u00a07 May 2026\u00a0<\/strong>\u2013<\/strong>\u00a0Southeastern Railway<\/strong>: Secured a\u00a0\u20b9<\/strong>3.44 Crore<\/strong>\u00a0AI-led railway e-surveillance project through Provigil.<\/p>\n

\u00b7\u00a011 May 2026\u00a0<\/strong>\u2013<\/strong>\u00a0South-Western Railway<\/strong>: Secured a\u00a0\u20b9<\/strong>3.59 Crore<\/strong>\u00a0railway surveillance project through Provigil.<\/p>\n

\u00b7\u00a029 May 2026\u00a0<\/strong>\u2013<\/strong>\u00a0South Central Railway<\/strong>: Secured a\u00a0\u20b9<\/strong>7.64 Crore<\/strong>\u00a0e-surveillance order for the Nanded Division.<\/p>\n

\u00b7\u00a02 June 2026 \u2013 East Coast & South Western Railway<\/strong>: Secured combined orders worth\u00a0\u20b9<\/strong>4.31 Crore<\/strong>, taking the railway order book beyond\u00a0\u20b9<\/strong>250 Crore<\/strong>.<\/p>\n

\u00b7\u00a020 June 2026\u00a0<\/strong>\u2013<\/strong>\u00a0East Central Western Railway<\/strong>: Secured order worth\u00a0\u20b9<\/strong>3.13 Crore<\/strong>\u00a0for railway surveillance through Provigil for the\u00a0Dhanbad division<\/strong>.<\/p>\n

\u00b7\u00a030 June 2026\u00a0<\/strong>\u2013<\/strong>\u00a0Manappuram Finance<\/strong>: IVIS received an LOI for AI-powered e-surveillance across 1,000+ branches, expanding the Company\u2019s BFSI opportunity.<\/p>\n

\u00b7\u00a06 July 2026 \u2013 South Central Railway<\/strong>: Secured another\u00a0\u20b9<\/strong>6.25 Crore<\/strong>\u00a0railway surveillance order.<\/p>\n

\u00b7\u00a013 July 2026\u00a0<\/strong>\u2013<\/strong>\u00a0South Central Railway<\/strong>: Secured a further\u00a0\u20b9<\/strong>6.93 Crore<\/strong>\u00a0order, taking the two railway wins within the week to\u00a0\u20b9<\/strong>13.18 Crore<\/strong>.<\/p>\n

\u00b7\u00a029 July 2026\u00a0<\/strong>\u2013<\/strong>\u00a0Global Technology Giant<\/strong>: Motivity Labs secured multiple Purchase Orders from a leading global technology company belonging to the MANGA group worth approximately US$1.21 Million, equivalent to approximately\u00a0\u20b9<\/strong>11.62 Crore<\/strong>\u00a0at\u00a0\u20b996\/US$, strengthening the Company\u2019s global technology business and revenue visibility.<\/p>\n

\u00b7\u00a030 July 2026 \u2013 GAIL (India) Limited<\/strong>: Provigil secured a\u00a0\u20b9<\/strong>12.76 Crore<\/strong>\u00a0order for an integrated e-surveillance project, expanding the Company\u2019s presence in critical infrastructure.<\/p>\n

\u00b7\u00a07 August 2026\u00a0<\/strong>\u2013<\/strong>\u00a0Western Railway<\/strong>: Secured a\u00a0\u20b9<\/strong>12.13 Crore<\/strong>\u00a0railway surveillance project for the Ratlam Division.<\/p>\n

\u00b7\u00a012 August 2026\u00a0<\/strong>\u2013<\/strong>\u00a0Punjab 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\u00a0\u20b9<\/strong>18.4 Crore<\/strong>\u00a0over five years, comprising Capex and Opex components.<\/p>\n

\u00b7\u00a013 August 2026\u00a0<\/strong>\u2013<\/strong>\u00a0Dedicated Freight Corridor Corporation of India Limited (DFCCIL)<\/strong>: Provigil Surveillance Limited received a\u00a0\u20b9<\/strong>3.73 Crore<\/strong>\u00a0LOA for CCTV surveillance across the Western Dedicated Freight Corridor, covering a five-year OPEX contract for surveillance system deployment and operations.<\/p>\n

\u00b7\u00a018 August 2026 \u2013 Dedicated Freight Corridor Corporation of India Limited (DFCCIL)<\/strong>: Provigil Surveillance Limited secured another\u00a0\u20b9<\/strong>8.90 Crore<\/strong>\u00a0order for an IP-based CCTV surveillance system across various DFCCIL locations, under a five-year OPEX model, further strengthening the Company\u2019s order momentum.<\/p>\n

\n\n\n\n
Commenting on the Company\u2019s continued order momentum, Mr. Joseph Sudheer Reddy Thumma, Chairman & Managing Director, Magellanic Cloud Limited, said:\u00a0<\/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 \u2013\u00a0Motivity Labs, Provigil Surveillance Limited, IVIS International, Scandron, MCRAYXTEND India and JNIT Technologies<\/strong>\u00a0\u2013 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

\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Hyderabad (Telangana) [India], August 19: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891),\u00a0continues to demonstrate strong business momentum, securing order…<\/p>\n","protected":false},"author":1,"featured_media":30243,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[13],"class_list":["post-30242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts\/30242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/comments?post=30242"}],"version-history":[{"count":0,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/posts\/30242\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/media\/30243"}],"wp:attachment":[{"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/media?parent=30242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/categories?post=30242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wowentrepreneurs.in\/index.php\/wp-json\/wp\/v2\/tags?post=30242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}