Magellanic Cloud subsidiary secures third DFCCIL order worth ₹3.29 Crore
Magellanic Cloud's subsidiary, Provigil, secured a third order from DFCCIL worth ₹3.29 crore. This follows two earlier orders, bringing the total to over ₹15.9 crore. The new contract involves an AI-led e-surveillance system for DFCCIL's Ajmer division, to be executed over five years on an OPEX model.
The order value is material for the company, contributing to its order book and reinforcing its capabilities in a key sector. However, it is not a transformative event for the entire business.
The company has secured a significant new order, adding to previous wins from the same client, which indicates growing business and strengthens its market position.
Magellanic Cloud Limited, through its wholly owned subsidiary Provigil Surveillance Limited, has received a Letter of Acceptance (LOA) worth ₹3,29,01,600/- from Dedicated Freight Corridor Corporation of India Limited (DFCCIL), Ajmer. This marks the third order from DFCCIL in recent weeks, with previous orders valued at approximately ₹3.73 crore and ₹8.90 crore. The combined value of these three orders exceeds ₹15.9 crore.
The latest order involves the Supply, Installation, Testing, and Commissioning (SITC), Operation, and Maintenance of an AI-led E-Surveillance System with Intrusion Monitoring. The system will be deployed across various locations, including the Control Centre at New Saradhana DFCCIL Station, within the Madar – New Palanpur section of the Western Dedicated Freight Corridor (WDFC). The project will be executed on an OPEX model for a duration of five years.
This solution integrates IP-based cameras with the DFCCIL communication network, offering centralized monitoring, automated incident alerts, escalation, centralized reporting dashboards, and technical manpower for e-surveillance services. The company highlights the increasing role of AI in transforming security operations for critical infrastructure, moving from passive recording to proactive monitoring and faster incident response. This win reinforces Magellanic Cloud's position in the AI, e-surveillance, and critical infrastructure sectors.
A plain-language summary of a public exchange filing by Magellanic Cloud Limited. Read the original for the full detail.