MCLOUD
MCLOUDStructural risk assessment following Q4-FY26 | 31 Mar 26 earnings.
Q3-FY26 | 31 Dec 25
0
Risk Score
Q4-FY26 | 31 Mar 26
5
Risk Score
🔴Risk increased by +5 points
Flagium detected:
- ⚠Margin Compression
- ⚠Operating Leverage Stress
ℹ️ Executive Summary
MCLOUD posted steady top-line growth and bottom-line stability, demonstrating resilient execution in its core markets. While the underlying business remains fundamentally sound, the presence of 2 active risk warnings highlights minor operational or working capital inefficiencies to keep on the watch list.
🛡️ Sentinel Insight
"MCLOUD currently sits within Flagium's Stable category. However, recent periods have introduced early signs of competitive and operating pressure, leverage and funding pressure. Despite positive top and bottom-line growth, triggers like 'Margin Compression', 'Operating Leverage Stress' indicate underlying structural risk. Current deterioration appears cyclical rather than existential."
The Quarter at a Glance
| Metric | Q4-FY26 | 31 Mar 26 | Q4-FY25 | 31 Mar 25 | Change |
|---|---|---|---|
| Revenue | ₹211.1 Cr | ₹159.2 Cr | +32.6% |
| EBIT Margin | 16.50% | 19.13% | -263 bps |
| Net Profit (PAT) | ₹25.0 Cr | ₹22.6 Cr | +10.9% |
| Interest Expense | ₹6.9 Cr | ₹7.0 Cr | -0.1% |
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What Changed Beneath the Headlines?
Revenue Growth
Quarterly revenue changed by +32.6% YoY, reflecting demand and volume updates.
Net Profit Expansion
Profit after tax changed by +10.9% YoY, settling at ₹25.0 Cr.
Operating Margins
Operating margin declined by 263 bps YoY to 16.50%.
Flagium Risk Signals
Operating margin declined by 2.6 bps YoY for two consecutive quarters.
Expenses are consistently growing faster than revenues, creating operational pressure.
What the financials are implicitly signaling
Flagium's structural analysis indicates:
- •Margin defense remains a priority as raw material costs or operating expense pressures rise.
- •Deleveraging or structural balance sheet adjustment is required to defend interest coverage ratios.
- •Productivity gains and offshore utilization are needed to offset wage inflation pressures.
Signals to Monitor Next Quarter
TCV deal intake conversions into billable revenue.
Operating margin protection against wage hikes and employee costs.
Discretionary tech spend recovery in key markets.
Historical Quality Trend
Last 6 Quarters| Quarter | Risk Score | Trend | Current Risk Class |
|---|---|---|---|
| Q4 FY26 | 5 | ↑ | 🟢 Stable |
| Q3 FY26 | 0 | → | 🟢 Stable |
| Q2 FY26 | 0 | → | 🟢 Stable |
| Q1 FY26 | 0 | → | 🟢 Stable |
| Q4 FY25 | 0 | → | 🟢 Stable |
| Q3 FY25 | 0 | → | 🟢 Stable |
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What to do next
Explore MCLOUD's full structural risk profile — 12Q score trajectory, pillar breakdown, flag history, and peer benchmarking.
View MCLOUD profile →See how Information Technology peers and the broader market are positioned. Identify sector-wide stress or rotation signals.
Open market monitor →Check how this Q4-FY26 | 31 Mar 26 result affects your portfolio's overall risk exposure and concentration.
Review your portfolio →Disclaimer
Flagium AI is an automated financial data analytics platform. Analysis reports are compiled programmatically from public regulatory XBRL submissions (NSE/BSE). This evaluation does not constitute investment advice, financial planning, or recommendations to buy, sell, or hold any security. Please consult a SEBI-registered investment advisor before acting on any data presented.