Magellanic Cloud subsidiary wins ₹44.60 lakh ANPR and video analytics order from Nayara Energy
As filed · Magellanic Cloud Limited s Wholly Owned Subsidiary Provigil Surveillance Limited Receives Purchase Order Worth Rs 44.60 Lakh from Nayara Energy Limited
BusinessImprovingLowmateriality 28 out of 100
What happened
FactProvigil Surveillance Limited, Magellanic Cloud’s wholly owned subsidiary, received a ₹44,60,400 purchase order from Nayara Energy Limited. The order covers implementation of an AI-powered Automatic Number Plate Recognition and video analytics platform across selected retail outlets and oil depots.
Why it matters
CapitSignal interpretationAn order converts to revenue over its execution period, so its size relative to existing revenue decides whether it changes the trajectory or is routine flow.
Scale
- 0.4% of FY26 revenue
₹44.6 Lakh stated in the filing against ₹102.04 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
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Fact- Execution period stated in the order
- Whether the order book total is disclosed
- Margin commentary at the next results
- With Group order wins already crossing ₹111 crore this financial year, this is only the beginning of what Prov (management committed by FY27)
- The high-margin engagement is expected to accelerate revenue growth and profitability in the coming year while (management committed by FY27)
Evidence
How CapitSignal classified this
- Reasoning:
- The order adds business for Magellanic Cloud’s surveillance and technology solutions subsidiary. The filing does not disclose the project timeline, margins, or its expected contribution to consolidated revenue.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%