Magellanic Cloud Limited, originally incorporated as South India Projects Limited on December 4, 1981, rebranded to its current name on October 8, 2018. The company operates in the digital space and is listed on the Bombay Stock Exchange (BSE) under the ticker MCLOUD.
Magellanic Cloud is an India-based company actively engaged in software development, digital transformation, DevOps, and human capital businesses. It also provides comprehensive Information Technology (IT) consulting services. The MCL Group's diverse ecosystem is driven by innovation across cutting-edge drone technologies, advanced VMS & AI-powered video analytics, and integrated IT & ITES solutions, delivering value-driven outcomes for industries globally.
Magellanic Cloud's primary offerings include IT and Information Technology Enabled Services (ITeS) solutions, electronic (e)-surveillance, and drone manufacturing. Their IT and ITeS solutions provide end-to-end services encompassing development, quality assurance, implementation, consulting, DevOps, and the Internet of Things (IoT). The company excels in delivering services related to software development, digital transformation, Generative Artificial Intelligence (GenAI), IoT, e-surveillance, and advanced drone-based applications.
A cornerstone of Magellanic Cloud's growth strategy is its focus on AI-driven innovation. The company leverages machine learning, deep learning, and Generative AI (GenAI) to develop tailored solutions for a wide array of industries. This technological advancement is poised to revolutionize operations within sectors such as Banking, Financial Services, and Insurance (BFSI), telecommunications, automotive, and healthcare.
With a portfolio of over 17 manufactured products, including drones for surveillance and agri-spraying, Magellanic Cloud demonstrates strong R&D investment. Products from its subsidiary, Scandron, are utilized in defense, oil and gas, and power generation, highlighting the extensive real-world applications of aerial technology. Magellanic Cloud has secured its first significant logistics drone order from an Indian Robotics firm valued at Rs 43 crore.
Their e-surveillance service encompasses the building, delivery, installation, monitoring, and maintenance of surveillance systems. Through its AI and IoT solutions, the company empowers customers across various verticals, including retail, warehousing, and industrial plants, to gain operational insights, business intelligence, and robust asset protection.
Magellanic Cloud leverages its substantial client base of over 100 firms, including many Fortune 1000 companies, to deliver transformative AI solutions that enhance efficiency, reduce costs, and improve performance across diverse sectors. With a workforce exceeding 1,600 professionals, the company plays a critical role in digital infrastructure and security solutions, contributing significantly to ongoing technological advancements.
With a global presence across Europe, the USA, and Asia, Magellanic Cloud successfully delivers its services worldwide. The company is represented by multiple brands, with its registered office in Mumbai, India, and corporate offices in Hyderabad, India, USA, Europe, and Asia.
- Market Capitalization: ₹4,515.62 Crore (As of May 28, 2025)
- 52-Week High: ₹143.20
- 52-Week Low: ₹42.49
- P/E Ratio: 43.97
- P/B Ratio: 11.10
- Q4 FY25 Performance: Sales increased by 13.95% to Rs 156.35 crore in the quarter ending March 2025, compared to Rs 137.21 crore in the previous year's quarter. Net profit declined by 42.63% to Rs 22.33 crore in Q4 FY25 from Rs 38.92 crore in Q4 FY24.
- FY25 Annual Performance: Sales grew by 6.57% to Rs 597.24 crore for the year ending March 2025, up from Rs 560.43 crore in FY24. For the full year, net profit saw a marginal decrease of 0.12% to Rs 102.69 crore in FY25, compared to Rs 102.81 crore in FY24.
Magellanic Cloud aims to significantly improve business efficiencies and scalability through logistics drones by automating processes. The company targets this sector with substantial upside potential, expecting to capture at least a 5% market share in the coming quarters, as stated by Magellanic Cloud Global CEO Sudheer Thumma Joe.
By expanding its facilities and operations in Telangana, Magellanic Cloud is actively creating employment opportunities and fostering local development. This expansion is instrumental in shaping the future of industries dependent on AI and drone technologies. Magellanic Cloud's visionary approach is continuously transforming its product and service offerings, setting new benchmarks for the digital age.
The promoter holding in Magellanic Cloud Ltd remained stable at 58.30% as of March 2025, consistent with the 58.30% recorded in December 2024. This stable promoter holding indicates strong management commitment to the business.
With the convergence of AI, video analytics, and drone technology, Magellanic Cloud is strategically positioned for sustained growth, both within India and in international markets. The company's combination of innovation, industry expertise, and a strong commitment to sustainability is set to establish it as a key player in shaping the future of technology.
