Canarys Automations Ltd
Incorporated in 1991, Canarys Automations
Ltd is in the business of software & hardware development, consultancy services, electronic equipments, and handling water management system turnkey projects[1]
- Market Cap ₹ 165 Cr.
- Current Price ₹ 28.1
- High / Low ₹ 35.2 / 14.6
- Stock P/E 14.0
- Book Value ₹ 17.3
- Dividend Yield 0.00 %
- ROCE 17.0 %
- ROE 12.5 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.4% over last 3 years.
- Company has high debtors of 269 days.
* 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.
Peer comparison
Information Technology Information Technology IT - Software Computers - Software & Consulting
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 18 | 25 | 52 | 74 | 74 | 86 | 100 | |
| 16 | 22 | 46 | 61 | 63 | 75 | 85 | |
| Operating Profit | 2 | 3 | 6 | 13 | 11 | 11 | 15 |
| OPM % | 9% | 13% | 12% | 17% | 15% | 13% | 15% |
| 0 | 0 | 0 | 1 | 1 | 1 | -1 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 3 | 6 | 13 | 12 | 12 | 13 |
| Tax % | 29% | 26% | 25% | 26% | 24% | 26% | 26% |
| 1 | 2 | 4 | 9 | 9 | 9 | 10 | |
| EPS in Rs | 1.56 | 1.54 | 1.70 | ||||
| Dividend Payout % | 0% | 0% | 6% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 11% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 40% |
| 3 Years: | 7% |
| TTM: | 34% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -16% |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 13% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 4 | 4 | 11 | 11 | 12 |
| Reserves | 3 | 5 | 7 | 16 | 60 | 75 | 90 |
| 0 | 5 | 6 | 9 | 7 | 5 | 2 | |
| 6 | 7 | 26 | 24 | 24 | 24 | 23 | |
| Total Liabilities | 10 | 20 | 43 | 53 | 102 | 116 | 127 |
| 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 2 | 5 | 12 |
| Investments | 0 | 1 | 0 | 1 | 1 | 1 | 23 |
| 9 | 18 | 42 | 50 | 98 | 108 | 91 | |
| Total Assets | 10 | 20 | 43 | 53 | 102 | 116 | 127 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 4 | 5 | 2 | -5 | -15 | 3 | 5 | |
| -4 | -8 | 0 | -1 | -2 | -4 | -29 | |
| 0 | 5 | 1 | 2 | 39 | 3 | 1 | |
| Net Cash Flow | -0 | 2 | 3 | -4 | 23 | 2 | -23 |
| Free Cash Flow | 3 | 5 | 2 | -7 | -17 | -0 | -2 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 246% | 184% | 57% | -16% | -107% | 54% | 54% |
Ratios
Standalone / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 72 | 153 | 186 | 208 | 315 | 284 | 269 |
| Inventory Days | 491 | 60 | 88 | 46 | 21 | 121 | 146 |
| Days Payable | 696 | 235 | 371 | 299 | 296 | 508 | 455 |
| Cash Conversion Cycle | -134 | -22 | -97 | -45 | 40 | -104 | -41 |
| Working Capital Days | 8 | 67 | 57 | 100 | 219 | 220 | 215 |
| ROCE % | 37% | 42% | 57% | 22% | 15% | 17% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Attrition Rate % |
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| Average Revenue per Employee Rs Mn |
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| IT Solutions Order Book Rs Mn |
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| Number of Clients (Technology Solutions) # |
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| Number of Projects (Technology Solutions) # |
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| Number of Resources (Technology Solutions) # |
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| Offshore Employee Mix % |
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Extracted by Screener AI
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Submitted Regulation 76 compliance certificate for quarter and half-year ended 30 September 2026.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Submitted Regulation 74(5) compliance certificate for quarter and half year ended 30 September 2026.
-
Shareholders meeting
- 35th AGM voting results: FY26 financials adopted; two directors reappointed on 30 September 2026.
-
Shareholders meeting
- Canarys held 35th AGM on 30 Sep 2026; shareholders considered FY26 accounts and reappointed two directors.
-
Awarding of order(s)/contract(s)
- Canarys won 11.63 crore cloud services order from Calibo India for 12 months.
Annual reports
-
Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
from web
-
Annual Report 2024
from nse
Concalls
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Jul 2026Transcript PPT REC
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Dec 2025Transcript PPT REC
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Jul 2025Transcript PPT
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Jul 2024Transcript
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Jul 2024Transcript PPT
-
Jun 2024Transcript
-
Feb 2024PPT
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Jan 2024PPT
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Dec 2023PPT
Business Overview:[1][2]
CAL is an engineering-led organisation that has evolved into a boutique Agentic AI engineering firm, with AI-native execution. It offers Design, Engineering, Testing, and Support to help enterprises. The company
is in the business of Software and Hardware development and maintenance, Consultancy Services, and the training of personnel in Software & Hardware and the operation of the Electronic Equipment. It also undertakes the execution of Integrated Water Management System turnkey projects on a turnkey basis.