South India Projects

Kolkata, India Founded: 1981 • Age: 45 yrs Listed
Construction and project management services in India.

About South India Projects

South India Projects is a publicly listed company based in Kolkata (India) founded in 1981. Construction and project management services in India. The company has 250 employees. Its Indian entity Magellanic Cloud Limited reported revenue of ₹706 Cr. South India Projects offers products and services including Construction Services and Project Management. Its focus areas include Construction, Infrastructure, Civil Engineering and Project Management.

Company details

South India Projects Limited is identified as a public listed company that was registered on 04121981 with the Registrar of Companies in Kolkata, holding the CIN L45209WB1981PLC034342. It operates from its registered office at 5 6, Fancy Lane, 8th Floor, Kolkata-700 001, and compliance with corporate governance standards is maintained. Information on financials, annual reports, and investor relations is made available through its website, which was designed by Brodbill I.T Services Solutions. Contact details include phone and email for inquiries, ensuring accessibility for stakeholders.

  • Headquarters Kolkata, India
  • Employees 250
  • Stage Public
  • Sectors
    Real Estate & Construction
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website southindiaprojectslimited.in
  • Legal Name Magellanic Cloud Limited
  • Date of Incorporation 04 Dec, 1981
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • Market Cap
    ₹1,438 Cr

    MCLOUD · NSE

  • Share Price
    ₹24.62

    +0.86% today

  • Revenue
    ₹698 Cr

    FY 2025-26 · +16.3% YoY

  • EBITDA
    ₹214 Cr

    Margin 30.7%

  • Net Profit
    ₹116 Cr

    FY 2025-26 · +12.5% YoY

  • P/E (TTM)
    12.9x

    P/B 2.1x

  • Employee Count
    250

Products & Services of South India Projects

South India Projects offers a comprehensive portfolio of products and services, including Construction Services and Project Management.

Construction Services
Engineering

Construction projects are managed and executed in various infrastructure developments

Project Management
Consulting

Project oversight is provided for building and civil engineering initiatives

Board of directors of Magellanic Cloud Limited (South India Projects)

Magellanic Cloud Limited is the primary company behind South India Projects. The board of Magellanic Cloud Limited currently have 9 directors; the longest-serving is Jagan Mohan Reddy Thumma, appointed in 2016. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Jagan Mohan Reddy Thumma
DIN 06554945
Managing Director01 Oct 201610 yrs 1 moMagellanic Cloud Limited
Joseph Sudheer Reddy Thumma
DIN 07033919
Managing Director28 May 20197 yrs 5 moMagellanic Cloud Limited
Robert Alan Forbes Jr
DIN 08459003
Director10 Aug 20197 yrs 3 moMagellanic Cloud Limited
Carwin Heierman
DIN 08458981
Director10 Aug 20197 yrs 3 moMagellanic Cloud Limited
Amita Sachin Karia
DIN 07068393
Director23 Sep 20251 yr 1 moMagellanic Cloud Limited
Priyanka Dharmesh Pandey
DIN 10198101
Director23 Sep 20251 yr 1 moMagellanic Cloud Limited
Mayank Mahendra Shukla
DIN 09493952
Director23 Sep 20251 yr 1 moMagellanic Cloud Limited
Narasimha Rao Chundu
DIN 11403461
Director03 Feb 20269 moMagellanic Cloud Limited
Ameeruddin Syed
DIN 06419899
Whole-time director03 Feb 20269 moMagellanic Cloud Limited

IPO & Listings of South India Projects

South India Projects is a publicly listed company on the NSE with ticker symbol MCLOUD in India, operating in the IT - Software sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: MCLOUD
  • Listed entityMagellanic Cloud Limited
  • Exchange sectorIT - Software

Financials of South India Projects

Exchange-reported figures of Magellanic Cloud Limited, the listed company behind South India Projects (NSE: MCLOUD).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹698 Cr
+16.3% YoY
EBITDA
₹214 Cr
+4.2% YoY
Profit After Tax
₹116 Cr
+12.5% YoY
Net Worth
₹686 Cr
+32.6% YoY
Total Assets
₹986 Cr
+26.9% YoY
Total Debt
₹292 Cr
+13.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue698600561427253212174
Revenue growth+16.3%+6.9%+31.3%+69.2%+19.2%+21.5%-
EBITDA2142061841087.201.5110.72
EBITDA margin+30.7%+34.3%+32.8%+25.4%+2.9%+0.7%+6.1%
Profit before tax14614314093.7732.811.208.63
Net profit11610310373.8729.461.795.92
Net profit margin+16.6%+17.1%+18.3%+17.3%+11.7%+0.8%+3.4%
EPS (₹)1.951.768.796.3211.710.712.37
Balance sheet
Total assets98677768851517113596.29
Net worth68651740729777.1953.4654.49
Total debt29225727921691.0680.4139.17
Cash & bank58.1953.3416.6854.0158.795.9610.40
Net working capital39728522883.8591.1456.6747.82
Cash flow
Cash from operations92.0514331.9616049.50(14.73)12.31
Cash from investing(142)(63.89)(75.57)(367)(4.13)(20.79)(8.31)
Cash from financing44.41(48.34)6.292037.4631.085.36
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue180206164164164156151157
Revenue growth (YoY)+10.0%+31.5%+8.3%+4.5%+24.1%---
Other income1.775.581.091.390.382.830.080.00
EBITDA50.7252.5250.9953.8856.8245.1955.6551.73
EBITDA margin+28.1%+25.6%+31.1%+32.8%+34.7%+28.9%+36.8%+32.9%
Depreciation14.6515.6812.2612.0310.8210.6110.6310.56
Interest6.676.956.835.656.306.965.915.94
Profit before tax31.1735.4732.9937.5940.0830.4539.1935.23
Tax7.475.214.379.9712.317.879.9810.81
Net profit23.7030.2628.6227.6227.7722.5829.2124.42
EPS (₹)0.400.500.500.480.470.380.502.12
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue10281.5074.5654.7116.2627.3612.23
Revenue growth+25.2%+9.3%+36.3%+236.5%-40.6%+123.7%-
EBITDA57.3940.2838.1323.946.193.873.73
EBITDA margin+56.3%+49.4%+51.1%+43.8%+38.1%+14.1%+30.5%
Profit before tax28.7119.1223.6215.694.253.303.27
Net profit20.8613.6218.3310.602.722.462.39
Net profit margin+20.4%+16.7%+24.6%+19.4%+16.7%+9.0%+19.5%
EPS (₹)0.350.231.560.911.080.980.95
Balance sheet
Total assets54743938027053.6655.6741.97
Net worth26120719517839.4938.4837.21
Total debt28423118590.6713.5016.834.47
Cash & bank20.825.403.500.3715.470.990.24
Net working capital59.5623.95(14.06)(114)8.269.8910.47
Cash flow
Cash from operations32.712.53(11.45)47.387.393.522.25
Cash from investing(76.19)(23.51)0.97(264)2.97(7.67)(0.10)
Cash from financing58.8922.8713.622024.844.90(2.27)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue24.0823.7024.5923.9729.7719.2819.0327.36
Revenue growth (YoY)-19.1%+22.9%+29.2%-12.4%+88.1%---
Other income0.742.310.581.230.281.590.390.23
Total expenses9.028.5910.2210.3915.479.498.5616.66
EBITDA15.0615.1114.3713.5814.309.7910.4710.70
EBITDA margin+62.5%+63.8%+58.4%+56.7%+48.0%+50.8%+55.0%+39.1%
Depreciation2.151.921.451.160.800.790.730.73
Interest7.167.256.817.026.676.075.325.20
Profit before tax6.498.256.696.637.114.524.815.00
Tax1.622.091.901.921.920.801.321.34

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue180206164164164156151157
Revenue growth (YoY)+10.0%+31.5%+8.3%+4.5%+24.1%---
Other income1.775.581.091.390.382.830.080.00
EBITDA50.7252.5250.9953.8856.8245.1955.6551.73
EBITDA margin+28.1%+25.6%+31.1%+32.8%+34.7%+28.9%+36.8%+32.9%
Depreciation14.6515.6812.2612.0310.8210.6110.6310.56
Interest6.676.956.835.656.306.965.915.94
Profit before tax31.1735.4732.9937.5940.0830.4539.1935.23
Tax7.475.214.379.9712.317.879.9810.81
Net profit23.7030.2628.6227.6227.7722.5829.2124.42
EPS (₹)0.400.500.500.480.470.380.502.12
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue698600561427253212174
Revenue growth+16.3%+6.9%+31.3%+69.2%+19.2%+21.5%-
Other income8.444.1917.4319.1030.102.140.61
Total expenses484394377319245210164
Employee cost0.00233204180158147139
EBITDA2142061841087.201.5110.72
EBITDA margin+30.7%+34.3%+32.8%+25.4%+2.9%+0.7%+6.1%
Depreciation50.7842.4539.5121.472.711.431.36
Interest25.7324.5821.2412.341.781.021.34
Profit before tax14614314093.7732.811.208.63
Tax31.8639.9937.6019.683.35(0.58)2.07
Net profit11610310373.8729.461.795.92
Net profit margin+16.6%+17.1%+18.3%+17.3%+11.7%+0.8%+3.4%
EPS (₹)1.951.768.796.3211.710.712.37
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11811711711725.1725.1725.17
Reserves & surplus56940129018052.0228.2929.32
Shareholders' funds (net worth)68651740729777.1953.4654.49
Minority interest0.460.400.360.220.000.001.68
Secured loans27624023018318.3851.7817.32
Unsecured loans16.2616.5348.5332.5872.6828.6321.85
Total debt29225727921691.0680.4139.17
Total liabilities98677768851517113596.29
Assets
Gross block70559354949877.9475.2148.63
Net block50544444042972.4572.4546.35
Capital work in progress37.6042.2822.171.490.000.000.00
Investments47.364.710.000.000.000.000.00
Inventories18.849.0411.8118.981.600.660.00
Sundry debtors35227923568.0541.4845.3343.71
Cash & bank balances58.1953.3416.6854.0158.795.9610.40
Loans & advances12249.1666.8913813.4424.8524.30
Total current assets55239033027911576.8078.41
Total current liabilities15410510319524.1720.1330.59
Net working capital39728522883.8591.1456.6747.82
Total assets98677768851517113596.29
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash47.4816.6854.0158.795.9610.401.04
Net cash from operating activities92.0514331.9616049.50(14.73)12.31
Net cash from investing activities(142)(63.89)(75.57)(367)(4.13)(20.79)(8.31)
Net cash from financing activities44.41(48.34)6.292037.4631.085.36
Net change in cash(5.70)30.80(37.32)(4.78)52.83(4.44)9.36
Closing cash41.7853.3416.6854.0158.795.9610.40
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+16.3%+6.9%+31.3%+69.2%+19.2%+21.5%-
EBITDA growth+4.2%+11.8%+69.4%+1406.7%+376.8%-85.9%-
PBT growth+2.4%+1.6%+49.8%+185.8%+2634.2%-86.1%-8.9%
Net income growth+12.5%+0.1%+39.0%+150.8%+1545.8%-69.8%-
Revenue CAGR (3Y)+17.8%+33.4%+38.3%+34.8%+7.5%+9.6%+107.0%
EBITDA CAGR (3Y)+25.5%+205.6%+395.6%+116.3%-11.4%-41.3%+92.6%
Profitability & leverage
Net income margin+16.4%+17.1%+18.3%+17.3%+11.7%+0.8%+3.8%
Return on capital employed-+22.9%+26.9%+31.0%+22.6%+1.9%+13.0%
Return on net worth-+22.4%+29.3%+39.6%+45.1%+3.3%+12.8%
Debt / equity-0.580.700.821.311.110.49
Long-term debt / equity-0.360.530.641.080.860.19
Interest cover15.7415.0714.7214.1839.641,275.0014.32
Efficiency & per share
Fixed asset turnover-1.061.071.483.303.425.13
Inventory turnover-57.5536.4541.54223.61642.240.00
Debtors turnover-2.343.707.815.824.764.23
EPS (₹)1.951.768.796.3211.710.712.37
Dividend per share (₹)0.000.030.150.150.500.500.50
Book value per share (₹)0.008.7634.7925.4030.6721.2421.65
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue24.0823.7024.5923.9729.7719.2819.0327.36
Revenue growth (YoY)-19.1%+22.9%+29.2%-12.4%+88.1%---
Other income0.742.310.581.230.281.590.390.23
Total expenses9.028.5910.2210.3915.479.498.5616.66
EBITDA15.0615.1114.3713.5814.309.7910.4710.70
EBITDA margin+62.5%+63.8%+58.4%+56.7%+48.0%+50.8%+55.0%+39.1%
Depreciation2.151.921.451.160.800.790.730.73
Interest7.167.256.817.026.676.075.325.20
Profit before tax6.498.256.696.637.114.524.815.00
Tax1.622.091.901.921.920.801.321.34
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue10281.5074.5654.7116.2627.3612.23
Revenue growth+25.2%+9.3%+36.3%+236.5%-40.6%+123.7%-
Other income4.403.262.781.391.411.180.80
Total expenses44.6441.2236.4330.7710.0723.498.50
Employee cost0.0018.049.178.015.705.617.05
EBITDA57.3940.2838.1323.946.193.873.73
EBITDA margin+56.3%+49.4%+51.1%+43.8%+38.1%+14.1%+30.5%
Depreciation5.332.972.882.792.341.121.10
Interest27.7521.4514.416.851.010.630.16
Profit before tax28.7119.1223.6215.694.253.303.27
Tax8.085.505.405.091.530.840.88
Net profit20.8613.6218.3310.602.722.462.39
Net profit margin+20.4%+16.7%+24.6%+19.4%+16.7%+9.0%+19.5%
EPS (₹)0.350.231.560.911.080.980.95
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11811711711725.1725.1725.17
Reserves & surplus14389.7978.0461.2114.3213.3112.04
Shareholders' funds (net worth)26120719517839.4938.4837.21
Secured loans44.6539.2835.7839.377.186.690.72
Unsecured loans24019214951.306.3210.143.75
Total debt28423118590.6713.5016.834.47
Total liabilities54743938027053.6655.6741.97
Assets
Gross block48.1824.6723.7122.8721.2719.096.42
Net block30.5212.3414.3515.9617.1617.595.12
Capital work in progress1.450.000.000.000.000.000.00
Investments45435535536626.8826.0026.00
Inventories0.000.000.000.000.000.660.00
Sundry debtors40.8822.5331.8121.210.662.120.74
Cash & bank balances20.825.403.500.3715.470.990.24
Loans & advances13.246.4915.7212.055.8510.5510.48
Total current assets74.9434.4251.0333.6321.9814.3211.46
Total current liabilities15.3810.4765.0914813.724.430.99
Net working capital59.5623.95(14.06)(114)8.269.8910.47
Total assets54743938027053.6655.6741.97
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash5.403.500.3715.470.270.240.35
Net cash from operating activities32.712.53(11.45)47.387.393.522.25
Net cash from investing activities(76.19)(23.51)0.97(264)2.97(7.67)(0.10)
Net cash from financing activities58.8922.8713.622024.844.90(2.27)
Net change in cash15.421.903.14(15.10)15.200.75(0.11)
Closing cash20.825.403.500.3715.470.990.24
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+25.2%+9.3%+36.3%+236.5%-40.6%+123.7%-
EBITDA growth+42.5%+5.6%+59.3%+286.8%+60.0%+3.8%-
PBT growth+50.2%-19.1%+50.5%+269.2%+28.8%+0.9%+174.8%
Net income growth+53.2%-25.7%+72.9%+289.7%+10.6%+2.9%-
Revenue CAGR (3Y)+23.1%+71.1%+39.7%+64.8%+25.9%+64.3%+45.1%
EBITDA CAGR (3Y)+33.8%+86.7%+114.4%+85.8%+66.1%+35.7%+75.5%
Profitability & leverage
Net income margin+20.2%+16.7%+24.4%+19.4%+16.7%+9.0%+19.5%
Return on capital employed-+9.9%+11.7%+14.0%+9.6%+8.1%+8.7%
Return on net worth-+6.8%+9.8%+9.8%+7.0%+6.5%+6.5%
Debt / equity-1.040.740.480.390.280.07
Long-term debt / equity-1.010.710.420.310.190.01
Interest cover53.3057.4940.8832.3926.2322.916.08
Efficiency & per share
Fixed asset turnover-3.373.202.480.812.153.38
Inventory turnover-0.000.000.0049.2782.910.00
Debtors turnover-3.002.815.0011.7019.1317.99
EPS (₹)0.350.231.560.911.080.980.95
Dividend per share (₹)0.000.030.150.150.500.500.50
Book value per share (₹)0.003.5416.6815.2415.6915.2914.79
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Frequently Asked Questions about South India Projects

South India Projects was founded in 1981.

South India Projects is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.

South India Projects has 250 employees.

The primary company behind South India Projects, Magellanic Cloud Limited, reported revenue of ₹706 Cr for FY 2026, up 16% year on year.

South India Projects Limited is identified as a public listed company that was registered on 04121981 with the Registrar of Companies in Kolkata, holding the CIN L45209WB1981PLC034342. It operates from its registered office at 5 6, Fancy Lane, 8th Floor, Kolkata-700 001, and compliance with corporate governance standards is maintained. Information on financials, annual reports, and investor relations is made available through its website, which was designed by Brodbill I.T Services Solutions. Contact details include phone and email for inquiries, ensuring accessibility for stakeholders.

South India Projects offers Construction Services and Project Management.

Yes, South India Projects is publicly traded on NSE under the ticker symbol MCLOUD.

South India Projects operates through Magellanic Cloud Limited.

The legal entities of South India Projects currently have 11 directors, including Joseph Sudheer Reddy Thumma, Jagan Mohan Reddy Thumma, Robert Alan Forbes Jr and others.

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