1. At a Glance
Q1 FY26 shows Magellanic Cloud flexing its muscles again: ₹164 Cr in revenue (+24% YoY) and ₹28 Cr PAT. Margins hover at 35%, ROE at 22%, and their recent ₹43.8 Cr acquisition could signal big ambitions. But debtors at 170 days? Someone forgot to chase invoices.
2. Introduction with Hook
Imagine Infosys and a drone delivery startup had a baby… and then that baby became obsessed with HR outsourcing and AI-based toll audits.
Magellanic Cloud isn’t just another IT stock — it’s a cocktail of HR tech, AI surveillance, DevOps, and drone drama.
- Q1 FY26 PAT: ₹28 Cr
- ROCE: 22.9%
- New ₹75 Cr order in AI-based toll audit space
The company wants to cloud-hop into govtech, infra-tech, and future-tech all at once. Question is: can it weather turbulence on this multi-sector rocket ride?
3. Business Model (WTF Do They Even Do?)
Revenue Segments:
- Human Capital Outsourcing: Bulk of historical revenues
- IT & DevOps Services: Application development, QA, cloud infra
- Drone & Surveillance Tech: Now entering Gov contracts
- Consulting & Digital Modernization
They also acquired Finoux Solutions (₹43.8 Cr) to bolster fintech-adjacent capabilities.
Their game? A diversified IT + HR + AI Tech mashup across Asia, Europe, and the US.
4. Financials Overview
Q1 FY26
