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 9.81
- Book Value ₹ 17.6
- Dividend Yield 0.00 %
- ROCE 22.6 %
- ROE 14.6 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Debtor days have improved from 248 to 148 days.
- Promoter holding has increased by 0.88% over last quarter.
- 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
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 | 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: | % |
| 1 Year: | -22% |
| 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 | 28 | |
| Total Liabilities | 11 | 20 | 48 | 61 | 105 | 121 | 141 |
| 1 | 1 | 1 | 1 | 1 | 1 | 35 | |
| CWIP | 0 | 0 | 0 | 0 | 2 | 5 | 0 |
| 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 | 6 | |
| -0 | -1 | 0 | -1 | -2 | -2 | -29 | |
| -0 | 6 | 8 | 5 | 32 | 2 | 4 | |
| Net Cash Flow | -0 | 3 | 6 | -3 | 18 | 4 | -19 |
| Free Cash Flow | -0 | -2 | -3 | -7 | -14 | 1 | -1 |
| CFO/OP | 60% | -22% | -14% | -28% | -82% | 62% | 47% |
Ratios
Consolidated Figures in Rs. Crores / 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 | 28 |
| Days Payable | 692 | 221 | 309 | 258 | 229 | 437 | 63 |
| Cash Conversion Cycle | -128 | -17 | -28 | 25 | 123 | -9 | 113 |
| 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 | |
|---|---|---|---|---|---|
| Attrition Rate % ・Standalone data |
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| Average Revenue per Employee Rs Mn ・Standalone data |
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| IT Solutions Order Book Rs Mn ・Standalone data |
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| Number of Clients (Technology Solutions) # ・Standalone data |
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| Number of Projects (Technology Solutions) # ・Standalone data |
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| Number of Resources (Technology Solutions) # ・Standalone data |
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| Onsite Employee Mix % ・Standalone data |
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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.