Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹23.21, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 21x in the IT industry in India. Total loss to shareholders of 39% over the past three years. Board Change • Mar 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. COO & Whole Time Director Syed Ameeruddin was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: ₹0.50 (vs ₹0.50 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.50 (down from ₹0.50 in 3Q 2025). Revenue: ₹1.67b (up 10% from 3Q 2025). Net income: ₹291.6m (flat on 3Q 2025). Profit margin: 18% (down from 19% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹29.58, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 36% over the past three years. Recent Insider Transactions • Nov 29
MD & Director recently sold ₹473m worth of stock On the 26th of November, Joseph Sudheer Thumma sold around 12m shares on-market at roughly ₹39.54 per share. This transaction amounted to 5.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Joseph Sudheer's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹64.88, the stock trades at a trailing P/E ratio of 35.6x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 307% over the past three years. Reported Earnings • Nov 06
Second quarter 2026 earnings released: EPS: ₹0.48 (vs ₹0.42 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.48 (up from ₹0.42 in 2Q 2025). Revenue: ₹1.66b (up 5.4% from 2Q 2025). Net income: ₹278.3m (up 14% from 2Q 2025). Profit margin: 17% (up from 16% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₹59.62, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 270% over the past three years. Announcement • Sep 25
Magellanic Cloud Limited Announces Board Appointments, Effective 23 September, 2025 Magellanic Cloud Limited in its AGM held on 23 September, 2025 approved the appointment of Ms. Amita Sachin Karia, Mr. Mayank Mahendra Shukla and Ms. Priyanka Dharmesh Pandey as an Independent Director of the Company for a term of five years. Upcoming Dividend • Sep 05
Upcoming dividend of ₹0.03 per share Eligible shareholders must have bought the stock before 12 September 2025. Payment date: 23 October 2025. Payout ratio is a comfortable 1.7% and this is well supported by cash flows. The company last paid an ordinary dividend in August 2017. The average dividend yield among industry peers is 3.1%. Announcement • Aug 29
Magellanic Cloud Limited, Annual General Meeting, Sep 23, 2025 Magellanic Cloud Limited, Annual General Meeting, Sep 23, 2025, at 12:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹77.78, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 340% over the past three years. Reported Earnings • Jul 22
First quarter 2026 earnings released: EPS: ₹0.47 (vs ₹0.45 in 1Q 2025) First quarter 2026 results: EPS: ₹0.47 (up from ₹0.45 in 1Q 2025). Revenue: ₹1.64b (up 24% from 1Q 2025). Net income: ₹277.5m (up 5.5% from 1Q 2025). Profit margin: 17% (down from 20% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 16
Magellanic Cloud Limited to Report Q1, 2026 Results on Jul 21, 2025 Magellanic Cloud Limited announced that they will report Q1, 2026 results on Jul 21, 2025 Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹97.24, the stock trades at a trailing P/E ratio of 55.3x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 424% over the past three years. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹76.38, the stock trades at a trailing P/E ratio of 43.5x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 357% over the past three years. Announcement • May 13
Magellanic Cloud Limited (BSE:538891) agreed to acquire Finoux Solutions Private Limited for approximately INR 440 million. Magellanic Cloud Limited (BSE:538891) agreed to acquire Finoux Solutions Private Limited for approximately INR 440 million on May 12, 2025. A cash consideration of INR 87.6 million will be paid by Magellanic Cloud Limited. The consideration consists of 4.67 million common equity of Magellanic Cloud Limited to be issued for common equity of Finoux Solutions Private Limited. As part of consideration, INR 87.6 million in cash is paid towards common equity of Finoux Solutions Private Limited. The consideration is subject to adjustments. For the period ending March 31, 2025, Finoux Solutions Private Limited reported total revenue of INR 283.56 million and net income of INR 8.18 million. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is 20 months. Reported Earnings • May 07
Full year 2025 earnings released: EPS: ₹1.76 (vs ₹1.76 in FY 2024) Full year 2025 results: EPS: ₹1.76 (down from ₹1.76 in FY 2024). Revenue: ₹6.01b (up 7.3% from FY 2024). Net income: ₹1.03b (flat on FY 2024). Profit margin: 17% (down from 18% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 01
Magellanic Cloud Limited to Report Fiscal Year 2025 Results on May 05, 2025 Magellanic Cloud Limited announced that they will report fiscal year 2025 results on May 05, 2025 Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹66.94, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 254% over the past three years. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹54.74, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 171% over the past three years. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹54.70, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 27x in the IT industry in India. Total returns to shareholders of 191% over the past three years. Reported Earnings • Feb 17
Third quarter 2025 earnings released: EPS: ₹0.50 (vs ₹0.39 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.50 (up from ₹0.39 in 3Q 2024). Revenue: ₹1.51b (up 15% from 3Q 2024). Net income: ₹293.3m (up 29% from 3Q 2024). Profit margin: 19% (up from 17% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 10
Magellanic Cloud Limited to Report Q3, 2025 Results on Feb 14, 2025 Magellanic Cloud Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹75.63, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 35x in the IT industry in India. Total returns to shareholders of 1,021% over the past three years. New Risk • Nov 21
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.2% average weekly change). Minor Risk High level of debt (46% net debt to equity). Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: ₹2.09 (vs ₹0.38 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.09 (up from ₹0.38 in 2Q 2024). Revenue: ₹1.57b (up 2.1% from 2Q 2024). Net income: ₹245.2m (up 11% from 2Q 2024). Profit margin: 16% (up from 14% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 236% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 09
Magellanic Cloud Limited to Report Q2, 2025 Results on Nov 13, 2024 Magellanic Cloud Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to ₹77.90, the stock trades at a trailing P/E ratio of 41.2x. Average trailing P/E is 41x in the IT industry in India. Total returns to shareholders of 2,416% over the past three years. Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: ₹2.27 (vs ₹0.32 in 1Q 2024) First quarter 2025 results: EPS: ₹2.27 (up from ₹0.32 in 1Q 2024). Revenue: ₹1.33b (down 3.1% from 1Q 2024). Net income: ₹263.1m (up 39% from 1Q 2024). Profit margin: 20% (up from 14% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 240% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 10
Magellanic Cloud Limited to Report Q1, 2025 Results on Aug 14, 2024 Magellanic Cloud Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Upcoming Dividend • Jul 19
Upcoming dividend of ₹0.15 per share Eligible shareholders must have bought the stock before 26 July 2024. Payment date: 14 August 2024. Payout ratio is a comfortable 1.7% but the company is not cash flow positive. The company last paid an ordinary dividend in August 2017. The average dividend yield among industry peers is 1.8%. Announcement • Jul 15
Magellanic Cloud Limited Approves the Dividend for the Financial Year Ended March 31, 2024 Magellanic Cloud Limited approved the dividend of INR 0.15 per share (i.e.1.5% o Face value) per equity share of face value of INR 10 each fully paid-up of the company for the financial year ended March 31, 2024. Reported Earnings • Jun 26
Full year 2024 earnings released: EPS: ₹8.81 (vs ₹6.62 in FY 2023) Full year 2024 results: EPS: ₹8.81 (up from ₹6.62 in FY 2023). Revenue: ₹5.60b (up 31% from FY 2023). Net income: ₹1.03b (up 39% from FY 2023). Profit margin: 18% (up from 17% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 242% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 31
Magellanic Cloud Limited, Annual General Meeting, Jul 15, 2024 Magellanic Cloud Limited, Annual General Meeting, Jul 15, 2024, at 12:00 Indian Standard Time. Announcement • May 30
Magellanic Cloud Limited Recommends A Final Dividend The Board of the Directors of the Magellanic Cloud Limited at their meeting held on 30 May, 2024 has considered, and Recommended a final Dividend of INR 0.15 /- (i.e., 1.5%) per equity share of INR 10/- each on the fully paid-up equity share capital of the Company and which is subject to approval of Shareholders in the ensuing Annual General Meeting of the Company. The Dividend will be paid within 30 days from the date of Shareholders approval in the ensuing Annual General Meeting of the Company. Reported Earnings • May 10
Full year 2024 earnings released: EPS: ₹8.81 (vs ₹6.62 in FY 2023) Full year 2024 results: EPS: ₹8.81 (up from ₹6.62 in FY 2023). Revenue: ₹5.78b (up 35% from FY 2023). Net income: ₹1.03b (up 39% from FY 2023). Profit margin: 18% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 246% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 05
Magellanic Cloud Limited to Report Q4, 2024 Results on May 08, 2024 Magellanic Cloud Limited announced that they will report Q4, 2024 results on May 08, 2024 Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹525, the stock trades at a trailing P/E ratio of 74.8x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 3,298% over the past three years. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹534, the stock trades at a trailing P/E ratio of 76.1x. Average trailing P/E is 33x in the IT industry in India. Total returns to shareholders of 3,294% over the past three years. Reported Earnings • Feb 20
Third quarter 2024 earnings released: EPS: ₹1.93 (vs ₹1.55 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.93 (up from ₹1.55 in 3Q 2023). Revenue: ₹1.31b (down 1.0% from 3Q 2023). Net income: ₹227.6m (up 31% from 3Q 2023). Profit margin: 17% (up from 13% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has increased by 228% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 08
Magellanic Cloud Limited to Report Q3, 2024 Results on Feb 13, 2024 Magellanic Cloud Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹500, the stock trades at a trailing P/E ratio of 76.2x. Average trailing P/E is 41x in the IT industry in India. Total returns to shareholders of 2,952% over the past three years. Announcement • Nov 04
Magellanic Cloud Limited to Report Q2, 2024 Results on Nov 10, 2023 Magellanic Cloud Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Upcoming Dividend • Sep 15
Upcoming dividend of ₹0.15 per share Eligible shareholders must have bought the stock before 22 September 2023. Payment date: 30 October 2023. Payout ratio is a comfortable 2.3% and this is well supported by cash flows. The company last paid an ordinary dividend in August 2017. The average dividend yield among industry peers is 1.8%. Announcement • Sep 03
Magellanic Cloud Limited, Annual General Meeting, Sep 30, 2023 Magellanic Cloud Limited, Annual General Meeting, Sep 30, 2023. New Risk • Aug 18
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Shareholders have been diluted in the past year (4.0% increase in shares outstanding). Reported Earnings • Aug 17
First quarter 2024 earnings released First quarter 2024 results: EPS: ₹1.62. Revenue: ₹1.39b (up 61% from 1Q 2023). Net income: ₹188.9m (down 2.2% from 1Q 2023). Profit margin: 14% (down from 22% in 1Q 2023). The decrease in margin was driven by higher expenses. Announcement • Aug 04
Magellanic Cloud Limited to Report Q1, 2024 Results on Aug 11, 2023 Magellanic Cloud Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹319, the stock trades at a trailing P/E ratio of 50.4x. Average trailing P/E is 33x in the IT industry in India. Total returns to shareholders of 2,987% over the past three years. Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: ₹0.95 (vs ₹2.93 in FY 2022) Full year 2023 results: EPS: ₹0.95. Revenue: ₹3.88b (up 53% from FY 2022). Net income: ₹739.8m (up 151% from FY 2022). Profit margin: 19% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Announcement • May 25
Magellanic Cloud Limited to Report Q4, 2023 Results on May 30, 2023 Magellanic Cloud Limited announced that they will report Q4, 2023 results on May 30, 2023 Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹640, the stock trades at a trailing P/E ratio of 42.2x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 2,111% over the past three years. Announcement • Feb 16
Magellanic Cloud Limited Provides Earnings Guidance for the Year 2023 Magellanic Cloud Limited provided earnings guidance for the year 2023. The management expects the revenue to grow in the corridor of c.55% to c.60% for year 2023, owing to venturing into advanced technological spaces, inclusion of the E-surveillance segment and the robust demand of the ITeS. Announcement • Feb 04
Magellanic Cloud Limited to Report Q3, 2023 Results on Feb 13, 2023 Magellanic Cloud Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improved over the past week After last week's 17% share price gain to ₹410, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 2,651% over the past three years. Reported Earnings • Nov 22
Second quarter 2023 earnings released: EPS: ₹10.22 (vs ₹9.48 in 2Q 2022) Second quarter 2023 results: EPS: ₹10.22 (up from ₹9.48 in 2Q 2022). Revenue: ₹1.06b (up 74% from 2Q 2022). Net income: ₹286.8m (up 20% from 2Q 2022). Profit margin: 27% (down from 39% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has increased by 174% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Non-Executive Director Elisha Thatisetty was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Nov 05
Magellanic Cloud Limited to Report Q2, 2023 Results on Nov 11, 2022 Magellanic Cloud Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Board Change • Sep 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Independent Director Elisha Thatisetty was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Aug 11
Magellanic Cloud Limited Approves the Dividend for the Financial Year Ended March 31, 2022 Magellanic Cloud Limited approved the dividend of INR 0.50 per share (i.e.,5% on face value) per Equity share of face value of INR 10/- each fully paid-up of the Company for the financial year ended March 31, 2022, at the AGM held on August 10, 2022. Upcoming Dividend • Jul 26
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 02 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 4.3% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.7%). Lower than average of industry peers (2.0%). Reported Earnings • Jul 21
Full year 2022 earnings released: EPS: ₹11.71 (vs ₹0.71 in FY 2021) Full year 2022 results: EPS: ₹11.71 (up from ₹0.71 in FY 2021). Revenue: ₹2.53b (up 19% from FY 2021). Net income: ₹294.6m (up ₹276.8m from FY 2021). Profit margin: 12% (up from 0.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has increased by 132% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 26
Full year 2022 earnings released: EPS: ₹11.71 (vs ₹0.71 in FY 2021) Full year 2022 results: EPS: ₹11.71 (up from ₹0.71 in FY 2021). Revenue: ₹2.83b (up 33% from FY 2021). Net income: ₹294.6m (up ₹276.8m from FY 2021). Profit margin: 10% (up from 0.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has increased by 112% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 17
Magellanic Cloud Limited to Report Q4, 2022 Final Results on May 25, 2022 Magellanic Cloud Limited announced that they will report Q4, 2022 final results on May 25, 2022 Announcement • Apr 20
Magellanic Cloud Limited Announces Executive Changes Magellanic Cloud Limited announced that the Board of Directors of the company, at its meeting held on April 19, 2022, have considered and approved the appointment of Mr. Sameer Lalwani (Membership No. A57275) as the Company Secretary & Compliance Officer of the Company with effect from April 19, 2022 and noted the resignation tendered by Mr. Sadhu J. Shetty from the post of Company Secretary & Compliance Officer of the Company w.e.f. April 15, 2022. Announcement • Apr 16
Magellanic Cloud Limited Announces Resignation of Sadhu J. Shetty as Company Secretary and Compliance Officer Magellanic Cloud Limited announced that Mr. Sadhu J. Shetty have resigned from the post of Company Secretary and Compliance Officer of the Company with effect from 15 April 2022. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 20% share price gain to ₹367, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 29x in the IT industry in India. Total returns to shareholders of 852% over the past three years. Announcement • Feb 11
Magellanic Cloud Limited announced that it expects to receive INR 2.5 billion in funding Magellanic Cloud Limited announced a private placement for gross proceeds of INR 2,500,000,000 on February 10, 2022. The company will issue common shares or convertible warrants to promoters/promoters group and strategic investors. The company will receive funding through preferential allotment. The transaction has been approved by board of directors of the company. Recent Insider Transactions • Dec 27
Managing Director & Director recently bought ₹12m worth of stock On the 23rd of December, Joseph Sudheer Thumma bought around 214k shares on-market at roughly ₹56.00 per share. This was the largest purchase by an insider in the last 3 months. Joseph Sudheer has been a buyer over the last 12 months, purchasing a net total of ₹44m worth in shares. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improved over the past week After last week's 16% share price gain to ₹54.50, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment improved over the past week After last week's 16% share price gain to ₹48.85, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 28x in the IT industry in India. Total returns to shareholders of 24% over the past three years. Recent Insider Transactions • Nov 06
MD & Director recently sold ₹2.5m worth of stock On the 2nd of November, Jagan Mohan Thumma sold around 50k shares on-market at roughly ₹51.00 per share. This was the largest sale by an insider in the last 3 months. This was Jagan Mohan's only on-market trade for the last 12 months. Reported Earnings • Oct 20
Second quarter 2022 earnings released: EPS ₹9.48 (vs ₹1.11 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹879.2m (up 72% from 2Q 2021). Net income: ₹238.6m (up ₹215.8m from 2Q 2021). Profit margin: 27% (up from 4.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 10
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 17 September 2021. Payment date: 28 October 2021. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.0%). Reported Earnings • Aug 04
First quarter 2022 earnings released: EPS ₹0.03 (vs ₹0.84 in 1Q 2021) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: ₹620.0m (up 19% from 1Q 2021). Net income: ₹806.0k (down 95% from 1Q 2021). Profit margin: 0.1% (down from 3.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Recent Insider Transactions • Jun 29
Managing Director & Director recently bought ₹19m worth of stock On the 24th of June, Joseph Sudheer Thumma bought around 315k shares on-market at roughly ₹60.19 per share. This was the largest purchase by an insider in the last 3 months. This was Joseph Sudheer's only on-market trade for the last 12 months. Reported Earnings • May 02
Full year 2021 earnings released: EPS ₹0.71 (vs ₹2.37 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: ₹2.14b (up 23% from FY 2020). Net income: ₹17.8m (down 70% from FY 2020). Profit margin: 0.8% (down from 3.4% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 11
New 90-day low: ₹66.00 The company is down 3.0% from its price of ₹68.15 on 13 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 20% over the same period. Announcement • Feb 05
Magellanic Cloud Limited to Report Q3, 2021 Results on Feb 12, 2021 Magellanic Cloud Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Announcement • Dec 29
Magellanic Cloud Limited Announces the Resignation of Sadhu J. Shetty as Company Secretary and Compliance Officer Magellanic Cloud Limited announced that Mr. Sadhu J. Shetty have resigned from the post of Company Secretary and Compliance Officer of the Company. Is New 90 Day High Low • Dec 02
New 90-day high: ₹70.25 The company is up 35% from its price of ₹51.85 on 03 September 2020. The Indian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 22% over the same period. Announcement • Nov 06
Magellanic Cloud Limited to Report Q2, 2021 Results on Nov 12, 2020 Magellanic Cloud Limited announced that they will report Q2, 2021 results on Nov 12, 2020 Is New 90 Day High Low • Nov 03
New 90-day high: ₹65.10 The company is up 42% from its price of ₹45.70 on 05 August 2020. The Indian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 16% over the same period. Is New 90 Day High Low • Sep 28
New 90-day high: ₹62.45 The company is up 90% from its price of ₹32.80 on 30 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 28% over the same period. Announcement • Sep 08
Magellanic Cloud Limited to Report Q1, 2021 Results on Sep 14, 2020 Magellanic Cloud Limited announced that they will report Q1, 2021 results on Sep 14, 2020 Announcement • Jul 24
Magellanic Cloud Limited to Report Q4, 2020 Results on Jul 31, 2020 Magellanic Cloud Limited announced that they will report Q4, 2020 results on Jul 31, 2020