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 ₹ 136 Cr.
- Current Price ₹ 23.2
- High / Low ₹ 35.2 / 14.6
- Stock P/E 11.6
- 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.
- Promoter holding has increased by 0.88% over last quarter.
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: | % |
| 1 Year: | -22% |
| 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 | 12 | |
| CWIP | 0 | 0 | 0 | 0 | 2 | 5 | 0 |
| 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 | -2 | -28 | |
| 0 | 5 | 1 | 2 | 39 | 3 | 1 | |
| Net Cash Flow | -0 | 2 | 3 | -4 | 23 | 4 | -22 |
| Free Cash Flow | 3 | 5 | 2 | -7 | -17 | -0 | -2 |
| CFO/OP | 246% | 184% | 57% | -16% | -107% | 54% | 54% |
Ratios
Standalone Figures in Rs. Crores / 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 | 93 |
| Days Payable | 696 | 235 | 371 | 299 | 296 | 508 | 289 |
| Cash Conversion Cycle | -134 | -22 | -97 | -45 | 40 | -104 | 72 |
| 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 | |
|---|---|---|---|---|---|
| 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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| Onsite Employee Mix % |
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| Technology Solutions Revenue Share % |
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Extracted by Screener AI
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
- Canarys Automations to attend virtual 1x1 investor meeting with KRIIS PMS on 17 September 2026.
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Analysts/Institutional Investor Meet/Con. Call Updates
- Canarys Automations to attend an in-person analyst meeting with AARTH AIF on 17 September 2026.
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Copy of Newspaper Publication
- Newspaper ads filed on 09 Sep 2026 confirming dispatch of 35th AGM notice and FY2025-26 annual report.
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Shareholders meeting
- Canarys Automations released FY2025-26 annual report and AGM notice for 30 September 2026.
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Copy of Newspaper Publication
- Pre-dispatch AGM newspaper advertisement for 35th AGM on 30 September 2026 via VC/OAVM.
Annual reports
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 2024TranscriptPPT
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Jul 2024Transcript PPT
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Jun 2024TranscriptPPT
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Feb 2024TranscriptAI SummaryPPT
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Jan 2024TranscriptAI SummaryPPT
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Dec 2023TranscriptAI SummaryPPT
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.