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 ₹ 218 Cr.
- Current Price ₹ 38.8
- High / Low ₹ 68.7 / 27.0
- Stock P/E 20.8
- Book Value ₹ 14.5
- Dividend Yield 0.00 %
- ROCE 30.3 %
- ROE 39.6 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 46.4%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 207 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
Sector: IT - Software Industry: Computers - Software - Medium / Small
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 | TTM | |
|---|---|---|---|---|---|---|
| 18.23 | 25.62 | 51.51 | 74.52 | 75.02 | 81.58 | |
| 16.45 | 22.35 | 44.71 | 61.64 | 63.98 | 68.02 | |
| Operating Profit | 1.78 | 3.27 | 6.80 | 12.88 | 11.04 | 13.56 |
| OPM % | 9.76% | 12.76% | 13.20% | 17.28% | 14.72% | 16.62% |
| 0.17 | 0.17 | 0.48 | 0.82 | 1.29 | 0.57 | |
| Interest | 0.02 | 0.10 | 0.67 | 1.50 | 1.35 | 0.99 |
| Depreciation | 0.28 | 0.35 | 0.38 | 0.40 | 0.34 | 0.31 |
| Profit before tax | 1.65 | 2.99 | 6.23 | 11.80 | 10.64 | 12.83 |
| Tax % | 25.45% | 29.77% | 26.81% | 27.71% | 24.81% | |
| 1.23 | 2.10 | 4.56 | 8.53 | 7.99 | 9.55 | |
| EPS in Rs | 1.42 | 1.70 | ||||
| Dividend Payout % | 0.00% | 9.10% | 5.37% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 43% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 56% |
| TTM: | 15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 46% |
| Last Year: | 40% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 1.74 | 1.91 | 4.08 | 4.08 | 14.36 |
| Reserves | 3.09 | 5.47 | 7.55 | 16.10 | 67.21 |
| 0.00 | 5.20 | 13.99 | 19.36 | 8.58 | |
| 5.69 | 7.45 | 21.92 | 24.23 | 20.93 | |
| Total Liabilities | 10.52 | 20.03 | 47.54 | 63.77 | 111.08 |
| 0.97 | 0.85 | 0.96 | 1.00 | 4.09 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.04 | 1.09 | 0.02 | 1.13 | 1.20 |
| 9.51 | 18.09 | 46.56 | 61.64 | 105.79 | |
| Total Assets | 10.52 | 20.03 | 47.54 | 63.77 | 111.08 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 0.21 | -1.51 | -2.65 | -6.19 | -11.74 | |
| -0.22 | -1.12 | 0.26 | -1.78 | -1.52 | |
| -0.23 | 5.29 | 8.46 | 4.60 | 31.68 | |
| Net Cash Flow | -0.24 | 2.66 | 6.07 | -3.38 | 18.42 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 76.48 | 147.74 | 183.60 | 208.85 | |
| Inventory Days | 488.06 | 56.07 | 97.51 | 74.28 | |
| Days Payable | 692.46 | 220.51 | 309.25 | 257.79 | |
| Cash Conversion Cycle | -127.92 | -16.70 | -28.13 | 25.35 | |
| Working Capital Days | 13.41 | 93.60 | 102.53 | 150.22 | |
| ROCE % | 35.27% | 36.13% | 41.22% |
Documents
Announcements
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Clarification - Financial Results
9 December 2024 - Exchange has sought clarification from Canarys Automations Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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Shareholders meeting
5 December 2024 - Subject: Result of the Postal Ballot along with Scrutinizer s Report. Dear Sir/Madam,In continuation to our letter dated 04th November 2024, titled Postal Ballot Notice …
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Awarding of order(s)/contract(s)
5 December 2024 - Order Secured by M/s. Canarys Automations Limited from M/s. Karnataka Golf Association, BengaluruReference: Regulation 30 read with Part A of Schedule III to the SEBI …
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General Updates
29 November 2024 - Order Secured by Canarys Automations Limited from Infosys Limited Noida STP Unit REFER: Regulation 30 read with Part A of Schedule III to the SEBI …
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Financial Result Updates
18 November 2024 - Canarys Automations Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
Annual reports
Concalls
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Jul 2024TranscriptPPT
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Jul 2024Transcript PPT
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Jun 2024TranscriptPPT
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Feb 2024TranscriptNotesPPT
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Jan 2024TranscriptNotesPPT
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Dec 2023TranscriptNotesPPT
Business Overview:[1]
CAL is an IT solutions & consulting company specialized in providing Technology Solutions and Water Resource management Solutions to clients across the world. It has handled 120 projects as of FY24 in 10 countries.