Magellanic Cloud

₹638.5 -4.5 | 0.7%

WEBSITE BSE:538891 NSE : MCLOUD 10 May, 16:01

Market Cap ₹7463 Cr.

Stock P/E 72.4

P/B 19.3

Current Price ₹638.5

Book Value ₹ 33.1

Face Value 10

52W High ₹672.1

Dividend Yield 0.02%

52W Low ₹ 186.5

Edit Ratio

Magellanic Cloud Research see more...

Overview Inc. Year: 1981Industry: IT - Software

Magellanic Cloud Ltd, formerly South India Projects Ltd, is an totally India-based agency that provides IT services in software program development, consulting and human resource business solutions. The Company offers outsourcing offerings, such as list employment vacancies and referring or setting applicants for employment, wherein the individuals referred or placed are not personnel of the employment organizations and additionally consists of on-line employment placement businesses.

Magellanic Cloud Share Price

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Peer Comparison

Magellanic Cloud Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	65	66	88	91	133	115	138	154	131	137
Other Income	1	1	0	16	1	2	1	1	1	15
Total Income	66	67	88	106	134	117	139	155	132	152
Total Expenditure	61	63	68	67	99	82	99	114	81	83
Operating Profit	6	4	20	39	34	35	40	41	51	69
Interest	0	1	2	2	5	3	4	5	5	6
Depreciation	1	1	5	4	6	7	9	8	12	11
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	4	3	13	33	23	24	27	28	34	52
Provision for Tax	0	1	3	5	6	6	8	6	11	12
Profit After Tax	4	2	10	29	17	18	19	22	23	39
Adjustments	-0	-0	0	-0	0	0	0	0	0	-1
Profit After Adjustments	4	2	10	29	17	18	19	22	23	39
Adjusted Earnings Per Share	0.4	0.2	0.9	2.6	1.5	1.6	1.6	1.9	1.9	3.3

Magellanic Cloud Profit & Loss

#(Fig in Cr.)	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	20	161	203	174	212	253	427	560
Other Income	0	0	1	1	2	30	19	18
Total Income	20	161	204	175	214	283	447	578
Total Expenditure	18	154	193	164	210	245	319	377
Operating Profit	2	7	10	11	4	37	128	201
Interest	0	0	1	1	1	2	12	20
Depreciation	0	0	0	1	1	3	21	40
Exceptional Income / Expenses	0	0	0	0	0	0	0	0
Profit Before Tax	1	7	9	9	1	33	94	141
Provision for Tax	1	3	2	2	-1	3	20	37
Profit After Tax	1	4	8	7	2	29	74	103
Adjustments	0	0	0	-1	0	0	-0	-1
Profit After Adjustments	1	4	8	6	2	29	74	103
Adjusted Earnings Per Share	0.1	0.4	0.8	0.6	0.2	2.9	6.3	8.7

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	69%	35%	22%	0%
Operating Profit CAGR	246%	127%	79%	0%
PAT CAGR	155%	119%	79%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	230%	245%	145%	NA%
ROE Average	40%	29%	24%	19%
ROCE Average	33%	20%	19%	16%

Magellanic Cloud Balance Sheet

#(Fig in Cr.)	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	35	39	48	54	53	77	297
Minority's Interest	0	0	0	2	0	0	0
Borrowings	0	1	0	19	68	63	146
Other Non-Current Liabilities	0	0	0	1	5	5	36
Total Current Liabilities	24	30	29	51	26	48	240
Total Liabilities	60	70	78	127	153	193	720
Fixed Assets	18	19	18	46	72	72	429
Other Non-Current Assets	0	0	0	2	3	5	11
Total Current Assets	41	51	59	78	77	115	279
Total Assets	60	70	78	127	153	193	720

Magellanic Cloud Cash Flow

#(Fig in Cr.)	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	0	1	1	10	6	59
Cash Flow from Operating Activities	-2	8	-10	12	-15	49	160
Cash Flow from Investing Activities	-0	-1	1	-8	-21	-4	-367
Cash Flow from Financing Activities	-1	-6	10	5	31	7	203
Net Cash Inflow / Outflow	-3	0	1	9	-4	53	-5
Closing Cash & Cash Equivalent	0	1	1	10	6	59	54

Magellanic Cloud Ratios

#	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0.09	0.44	0.78	0.59	0.18	2.93	6.32
CEPS(Rs)	0.09	0.46	0.82	0.79	0.32	3.2	8.18
DPS(Rs)	0	0.5	0.5	0.5	0.5	0.5	0.15
Book NAV/Share(Rs)	3.51	3.92	4.77	5.41	5.31	7.67	25.4
Core EBITDA Margin(%)	7.64	4.63	4.74	5.71	0.72	2.85	25.38
EBIT Margin(%)	7.46	4.48	4.92	5.73	1.05	13.69	24.82
Pre Tax Margin(%)	7.18	4.31	4.66	4.96	0.57	12.98	21.94
PAT Margin (%)	4.43	2.74	3.87	3.77	0.84	11.66	17.34
Cash Profit Margin (%)	4.6	2.89	4.06	4.55	1.52	12.73	22.36
ROA(%)	1.46	6.83	10.66	6.4	1.28	17.06	16.25
ROE(%)	2.47	11.82	17.97	12.77	3.3	45.1	39.62
ROCE(%)	3.51	17.6	20.15	13.38	2.08	24.07	32.86
Receivable days	516.67	70.66	66.14	86.92	76.68	62.7	46.76
Inventory Days	0	0	0	0	1.14	1.63	8.78
Payable days	0	0	0	0	-7446.12	-2995.23	-4329
PER(x)	95.4	28.66	8.31	12.79	92.27	33.79	30.3
Price/Book(x)	2.35	3.21	1.36	1.4	3.08	12.9	7.54
Dividend Yield(%)	0	0.2	1.93	1.65	0.76	0.13	0.08
EV/Net Sales(x)	4.55	0.79	0.37	0.58	1.09	4.04	5.55
EV/Core EBITDA(x)	59.61	16.98	7.25	8.94	62.85	27.39	18.59
Net Sales Growth(%)	0	719.22	25.96	-14.43	22.03	19.22	69.18
EBIT Growth(%)	0	391.55	38.37	-0.29	-77.56	1447.96	206.86
PAT Growth(%)	0	407.24	77.97	-16.75	-72.74	1551.95	151.55
EPS Growth(%)	0	407.05	78	-24.26	-70.03	1551.41	116.01
Debt/Equity(x)	0.19	0.02	0.23	0.65	1.35	1.1	0.63
Current Ratio(x)	1.72	1.71	2.01	1.53	2.94	2.4	1.16
Quick Ratio(x)	1.72	1.71	2.01	1.53	2.92	2.37	1.08
Interest Cover(x)	26.62	26.24	19.22	7.42	2.18	19.46	8.6
Total Debt/Mcap(x)	0.08	0.01	0.17	0.47	0.44	0.09	0.08

Magellanic Cloud Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	67.18	67.18	60.58	60.58	60.58	58.65	58.64	58.64	58.64	58.64
FII	0	0	0	0	0	0	0	0.23	0.44	0.19
DII	0	0	0	0	0	0	0	0	0	0
Public	32.82	32.82	39.42	39.42	39.42	41.35	41.35	41.13	40.92	41.17
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	1.69	1.69	1.7	1.7	1.7	6.85	6.85	6.85	6.85	6.85
FII	0	0	0	0	0	0	0	0.03	0.05	0.02
DII	0	0	0	0	0	0	0	0	0	0
Public	0.83	0.83	1.11	1.11	1.11	4.83	4.83	4.81	4.78	4.81
Others	0	0	0	0	0	0	0	0	0	0
Total	2.52	2.52	2.81	2.81	2.81	11.69	11.69	11.69	11.69	11.69

Pros

Company has delivered good profit growth of 79% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 29%
Debtor days have improved from -2995.23 to -4329days.

Cons

Stock is trading at 19.3 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.