Magellanic Cloud adds Rs. 7.64 Cr South Central Railway Contract to Surging Rs. 200 Cr Order Pipeline

Magellanic Cloud Ltd (NSE: MCLOUD | BSE: 538891), a global technology company specializing in digital transformation, artificial intelligence (Al), cloud computing, and surveillance solutions, announced that its wholly owned subsidiary, Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) from South Central Railway, Nanded Division, for an aggregate contract value of approximately ₹7.64 Crore.

The order pertains to the Provision of IP-based Video Surveillance System at Stabling Lines, Washing Yards and Pit Lines over Nanded Division. The scope of the project includes supply, installation, testing, commissioning, and maintenance of IP-based CCTV surveillance systems along with networking infrastructure and a five-year Comprehensive Annual Maintenance Contract (CAMC).

The project is scheduled to be executed over a period of 12 months and will contribute to Magellanic Cloud's revenue recognition over the project period, including a five-year recurring maintenance stream post-commissioning. This win also adds to Magellanic Cloud's expanding public sector e-surveillance order book, which exceeded Rs. 200 Crore during FY26.

The order further strengthens Magellanic Cloud's positioning in the intelligent surveillance and public infrastructure solutions segment, supported by increasing investments in railway modernisation, digital infrastructure, and safety enhancement initiatives across India. South Central Railway spans over 6,100 route kilometres across Telangana, Andhra Pradesh, Maharashtra, and Karnataka, one of India's busiest rail networks by freight and passenger traffic. The Nanded Division's upgrade to IP-based surveillance directly supports the Ministry of Railways' broader modernisation and safety enhancement agenda.

Commenting on the order win, Mr. Joseph Sudheer Reddy Thumma, Global CEO, Chairman & Managing Director of Magellanic Cloud Limited, said: India's railway modernization journey is creating significant opportunities for intelligent surveillance and infrastructure monitoring solutions. Nanded Division is strategically significant -it connects key freight and passenger corridors across Maharashtra and Telangana, and surveillance modernisation here has direct safety implications for thousands of rail operations daily. This is our 16th railway division over the last 12 months, and it reflects both the depth of trust Indian Railways has placed in Provigil and the repeatability of our deployment model. As our public sector order book crosses 200 Crore, we are focused on turning every project into a reference that wins the next ten.

The order not only reinforces our execution capabilities in large-scale surveillance deployments but also reflects the increasing adoption of technology-led safety and monitoring systems across public infrastructure. We remain focused on delivering scalable, reliable, and future-ready surveillance solutions that contribute to operational excellence and public safety."

Source : Equity Bulls

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MagellanicCloud ProvigilSurveillance LOA OrderWin