Magellanic Cloud Limited

Founded in 1981 and headquartered in Maharashtra, India.

1981 | Mumbai, Maharashtra (India) | Active
Last Updated: December 14, 2024

Magellanic Cloud Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 116.88 Cr
  • Company Age 43 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.57 Cr
  • Revenue Growth 52.02%
  • Profit Growth 17.06%
  • Ebitda 69.21%
  • Net Worth 3.64%
  • Total Assets 18.11%

About Magellanic Cloud

Magellanic Cloud Limited (MCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 December 1981 and has a history of 43 years and two months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 538891.

The Corporate was formerly known as South India Projects Ltd. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 200.00 Cr and a paid-up capital of Rs 116.88 Cr.

The company currently has active open charges totaling ₹11.57 Cr.

The Key Managerial Personnel (KMP) at Magellanic Cloud Limited India are Sameer Lalwani as COMPANY SECRETARY and Sanjay Chauhan as Cfo. Joseph Thumma, Tiparnapally Nikitha, Carwin Heierman, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L72100TG1981PLC169991

  • Company No.

    034342

  • Stock Symbol

    BSE : 538891

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Dec 1981

  • Date of AGM

    15 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Magellanic Cloud?

Executive Team (3)

NameDesignationAppointment DateStatus
Sameer Lalwani Country flag representing In Company Secretary19-Apr-2022Current
Sanjay Chauhan Country flag representing In CFO13-Aug-2016Current
Jagan Thumma Country flag representing In Managing Director01-Oct-2016Current

Board Members (5)

NameDesignationAppointment DateStatus
Carwin Heierman Country flag representing Mc Director 10-Aug-2019Current
Joseph Thumma Country flag representing In Director 28-May-2019Current
Tiparnapally Nikitha Country flag representing In Director 26-Feb-2016Current
Robert Jr Country flag representing Us Director 10-Aug-2019Current
Elisha Thatisetty Country flag representing In Director 28-Sep-2020Current

Financial Performance of Magellanic Cloud.

Magellanic Cloud Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 52.02% increase. The company also saw a substantial improvement in profitability, with a 17.06% increase in profit. The company's net worth moved up by a moderate rise of 3.64%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
52.02%
Revenue from Operations
53.03%
Total Assets
18.11%
Profit or Loss
17.06%
Net Worth
3.64%
EBITDA
69.21%

What is the Ownership and Shareholding Structure of Magellanic Cloud?

In 2022, Magellanic Cloud had a promoter holding of 67.18% and a public holding of 32.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.57 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 6.46 Cr
  • Hdfc Bank Limited : 3.28 Cr
  • Axis Bank Limited : 1.83 Cr

Latest Charge Details

DateLenderAmountStatus
06 Apr 2024Hdfc Bank Limited₹3.00 CrOpen
18 Aug 2023Hdfc Bank Limited₹2.80 MOpen
30 Jun 2023Axis Bank Limited₹9.90 MOpen
17 Mar 2023Axis Bank Limited₹1.42 MOpen
05 Jan 2023Axis Bank Limited₹7.00 MOpen

How Many Employees Work at Magellanic Cloud?

Unlock and access historical data on people associated with Magellanic Cloud, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magellanic Cloud, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magellanic Cloud's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Magellanic Cloud

Recent activity within the organization

  • Annual General Meeting

    Magellanic Cloud Limited last Annual general meeting of members was held on 15 Jul 2024 as per latest MCA records.

    15 Jul 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100921055 was registered on 06 Apr 2024.

    06 Apr 2024

  • Balance Sheet

    Magellanic Cloud Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.28 Cr with Charge ID 100801121 was registered on 18 Aug 2023.

    18 Aug 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.99 Cr with Charge ID 100775190 was registered on 30 Jun 2023.

    30 Jun 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100704325 was registered on 17 Mar 2023.

    17 Mar 2023

Frequently asked questions

  • Magellanic Cloud Limited was incorporated on 04 Dec 1981.

  • The authorized share capital of Magellanic Cloud Limited is ₹ 200.00 Cr and paid-up capital is ₹ 116.88 Cr.

  • Currently 8 directors are associated with Magellanic Cloud Limited.

    • Joseph Sudheer Reddy Thumma
    • Tiparnapally Nikitha
    • Carwin Heierman
    • Robert Alan Forbes Jr
    • Sameer Rajkumar Lalwani
    • Sanjay Mahendra Chauhan
    • Elisha Thatisetty
    • Jagan Mohan Reddy Thumma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magellanic Cloud Limited is 101 Veena Royal Shankar Lane Borivali (West), India, Mumbai, Maharashtra, 400067.

  • The corporate identification number (CIN) of Magellanic Cloud Limited is L72100TG1981PLC169991 and the company number is 034342 as per Ministry of Corporate Affairs (MCA).

  • Yes, Magellanic Cloud Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Magellanic Cloud Limited is https://www.southindiaprojectslimited.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Magellanic Cloud Limited has risen by 52.02%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Magellanic Cloud Limited has experienced an upsurge of 3.64%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Magellanic Cloud Limited amount to ₹ 11.57 Cr.

  • The most recent Balance Sheet for Magellanic Cloud Limited was filed with the ROC on 31 Mar 2024.

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