Canarys Automations Ltd

AI
Canarys Automa. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents
AI

Canarys Automations Ltd

₹ 28.1 3.88%
19 Oct - close price
ecanarys.com NSE - SME: CANARYS
About

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]

Key Points

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.

Website NSE - SM
  • Market Cap ₹ 165 Cr.
  • Current Price ₹ 28.1
  • High / Low ₹ 35.2 / 14.6
  • Stock P/E 11.9
  • Book Value ₹ 17.6
  • Dividend Yield 0.00 %
  • ROCE 22.6 %
  • ROE 14.6 %
  • Face Value ₹ 2.00
Edit ratios

Pros

  • Company is almost debt free.
  • Debtor days have improved from 248 to 148 days.
  • Company's working capital requirements have reduced from 177 days to 107 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 13.8% over last 3 years.

* 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

Edit Columns
Loading peers table ...

Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
29 46 31 44 38 52 101 97
26 36 27 37 32 46 89 87
Operating Profit 3 10 4 7 6 6 12 10
OPM % 11% 21% 14% 15% 15% 11% 12% 10%
1 0 0 1 1 1 1 -1
Interest 1 1 1 1 0 1 1 1
Depreciation 0 0 0 0 0 0 0 0
Profit before tax 3 9 4 7 6 6 12 8
Tax % 29% 27% 24% 25% 26% 29% 25% 25%
2 6 3 5 4 4 9 6
EPS in Rs 0.65 0.95 0.75 0.71 1.20 1.02
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
18 26 52 75 75 89 198
16 22 45 62 64 78 176
Operating Profit 2 3 7 13 11 11 22
OPM % 10% 13% 13% 17% 15% 13% 11%
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 20
Tax % 25% 30% 27% 28% 25% 28% 25%
1 2 5 9 8 8 15
EPS in Rs 1.42 1.45 2.10
Dividend Payout % 0% 9% 5% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 51%
3 Years: 39%
TTM: 122%
Compounded Profit Growth
10 Years: %
5 Years: 46%
3 Years: 17%
TTM: 67%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -16%
1 Year: -3%
Return on Equity
10 Years: %
5 Years: 18%
3 Years: 14%
Last Year: 15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 8 16 60 74 92
0 5 14 19 11 9 10
6 7 22 21 23 26 27
Total Liabilities 11 20 48 61 105 121 141
1 1 1 1 1 1 23
CWIP 0 0 0 0 2 5 12
Investments 0 1 0 1 1 1 1
10 18 47 59 100 113 105
Total Assets 11 20 48 61 105 121 141

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0 -2 -3 -7 -12 4 7
-0 -1 0 -1 -2 -4 -30
-0 6 8 5 32 2 3
Net Cash Flow -0 3 6 -3 18 2 -20
Free Cash Flow -0 -2 -3 -7 -14 1 -23
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 60% -22% -14% -28% -82% 62% 52%

Ratios

Consolidated / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 76 148 184 209 315 280 148
Inventory Days 488 56 98 74 37 148 30
Days Payable 692 221 309 258 229 437 69
Cash Conversion Cycle -128 -17 -28 25 123 -9 109
Working Capital Days 13 94 40 81 215 208 107
ROCE % 35% 36% 42% 20% 14% 23%

Insights

In beta
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Attrition Rate
% ・Standalone data

Log in to view insights

Please log in to see hidden values.

Login
Average Revenue per Employee
Rs Mn ・Standalone data
IT Solutions Order Book
Rs Mn ・Standalone data
Number of Clients (Technology Solutions)
# ・Standalone data
Number of Projects (Technology Solutions)
# ・Standalone data
Number of Resources (Technology Solutions)
# ・Standalone data
Offshore Employee Mix
% ・Standalone data
Technology Solutions Revenue Share
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026Sep 2026
56.59% 56.59% 56.62% 57.28% 58.16% 58.16%
0.00% 0.00% 0.00% 0.00% 0.01% 0.00%
3.62% 3.36% 3.92% 4.26% 2.70% 1.27%
39.79% 40.05% 39.46% 38.46% 39.13% 40.58%
No. of Shareholders 2,1072,1232,0991,9331,8801,930

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Concalls