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 ₹ 126 Cr.
- Current Price ₹ 22.0
- High / Low ₹ 36.9 / 21.6
- Stock P/E 11.5
- Book Value ₹ 16.6
- Dividend Yield 0.00 %
- ROCE 14.4 %
- ROE 10.6 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 46.7% CAGR over last 5 years
- Promoter holding has increased by 1.28% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 280 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.
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 18 | 26 | 52 | 75 | 75 | 89 | 153 | |
| 16 | 22 | 45 | 62 | 64 | 78 | 134 | |
| Operating Profit | 2 | 3 | 7 | 13 | 11 | 11 | 18 |
| OPM % | 10% | 13% | 13% | 17% | 15% | 13% | 12% |
| 0 | 0 | 0 | 1 | 1 | 2 | 1 | |
| Interest | 0 | 0 | 1 | 2 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 3 | 6 | 12 | 11 | 11 | 18 |
| Tax % | 25% | 26% | 27% | 28% | 25% | 28% | |
| 1 | 2 | 5 | 9 | 8 | 8 | 13 | |
| EPS in Rs | 1.42 | 1.45 | 1.91 | ||||
| Dividend Payout % | 0% | 0% | 5% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 20% |
| TTM: | 87% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 47% |
| 3 Years: | 22% |
| TTM: | 14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -10% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 18% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 4 | 4 | 11 | 11 | 13 |
| Reserves | 3 | 5 | 8 | 16 | 60 | 74 | 82 |
| 0 | 5 | 14 | 19 | 11 | 9 | 14 | |
| 6 | 7 | 22 | 21 | 23 | 26 | 48 | |
| Total Liabilities | 11 | 20 | 48 | 61 | 105 | 121 | 156 |
| 1 | 1 | 1 | 1 | 1 | 1 | 52 | |
| CWIP | 0 | 0 | 0 | 0 | 2 | 5 | 0 |
| Investments | 0 | 1 | 0 | 1 | 1 | 1 | 1 |
| 10 | 18 | 47 | 59 | 100 | 113 | 103 | |
| Total Assets | 11 | 20 | 48 | 61 | 105 | 121 | 156 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 0 | -2 | -3 | -7 | -12 | 4 | |
| -0 | -1 | 0 | -1 | -2 | -2 | |
| -0 | 5 | 8 | 5 | 32 | 2 | |
| Net Cash Flow | -0 | 3 | 6 | -3 | 18 | 4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 76 | 150 | 184 | 209 | 315 | 280 |
| Inventory Days | 488 | 60 | 98 | 74 | 37 | 148 |
| Days Payable | 692 | 234 | 309 | 258 | 229 | 437 |
| Cash Conversion Cycle | -128 | -24 | -28 | 25 | 123 | -9 |
| Working Capital Days | 13 | 66 | 40 | 81 | 215 | 208 |
| ROCE % | 36% | 36% | 42% | 20% | 14% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Number of Projects (Technology Solutions) Number |
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| Number of Resources (Headcount) Number |
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| Order Book Rs Mn |
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| Attrition Rate % |
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| Number of Clients (Logos) Number |
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| Onsite Employee Mix % |
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| Revenue Per Employee (Avg) Rs Mn |
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Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
2 March 2026 - Virtual investor meeting with Arihant Capital on 06-Mar-2026; H1FY26 (Dec 2025) presentation used.
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General Updates
2 February 2026 - Declared 10% interim dividend Rs1,300,000; redeeming Rs15,600,000 for 1,560,000 preference shares.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
27 January 2026 - Reconciliation report for quarter ended 31-Dec-2025; 1,548,780 shares allotted; listing applied 09-Dec-2025.
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Clarification - Financial Results
19 January 2026 - Exchange has sought clarification from Canarys Automations Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
8 January 2026 - RTA certificate confirming dematerialisation confirmations for quarter ended 31 December 2025, submitted 08 January 2026.
Annual reports
Concalls
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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]
Canarys Automations Limited is a leading IT solutions provider with over 30 years in the industry, specializing in digital transformation for global businesses. With a workforce of more than 400 technology professionals, Canarys delivers tailored solutions across digitalization, modernization, automation, and intelligence domains.