Canarys Automations Ltd

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

Canarys Automations Ltd

₹ 36.0 0.28%
23 Jan 2:46 p.m.
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]
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.

Website NSE - SM
  • Market Cap ₹ 202 Cr.
  • Current Price ₹ 36.0
  • High / Low ₹ 68.7 / 27.0
  • Stock P/E 19.7
  • Book Value ₹ 14.5
  • Dividend Yield 0.00 %
  • ROCE 22.4 %
  • ROE 19.3 %
  • Face Value ₹ 2.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 32.4%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has high debtors of 315 days.
  • Working capital days have increased from 140 days to 237 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

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
28.27 45.45 31.01 43.48 36.66
25.66 35.50 26.40 35.72 31.50
Operating Profit 2.61 9.95 4.61 7.76 5.16
OPM % 9.23% 21.89% 14.87% 17.85% 14.08%
0.62 0.21 0.16 -0.21 0.70
Interest 0.04 0.28 0.24 0.24 0.26
Depreciation 0.19 0.19 0.15 0.17 0.13
Profit before tax 3.00 9.69 4.38 7.14 5.47
Tax % 25.67% 26.21% 19.63% 26.33% 25.41%
2.23 7.15 3.51 5.26 4.08
EPS in Rs 0.86 0.94 0.73
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
18.12 25.17 51.80 73.73 74.49 80.14
16.42 21.86 45.66 61.04 63.39 67.22
Operating Profit 1.70 3.31 6.14 12.69 11.10 12.92
OPM % 9.38% 13.15% 11.85% 17.21% 14.90% 16.12%
0.07 0.17 0.43 0.70 1.21 0.49
Interest 0.02 0.16 0.42 0.32 0.48 0.50
Depreciation 0.28 0.36 0.38 0.38 0.33 0.30
Profit before tax 1.47 2.96 5.77 12.69 11.50 12.61
Tax % 28.57% 26.35% 25.30% 26.00% 23.83%
1.05 2.18 4.31 9.38 8.77 9.34
EPS in Rs 1.56 1.67
Dividend Payout % 0.00% 0.00% 5.68% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 44%
TTM: 5%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 59%
TTM: -4%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -16%
Return on Equity
10 Years: %
5 Years: %
3 Years: 32%
Last Year: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 1.74 1.91 4.08 4.08 11.24 14.36
Reserves 2.89 5.15 6.89 15.51 59.94 67.25
0.00 5.20 6.18 9.21 6.89 4.69
5.69 7.49 26.33 24.13 24.18 22.06
Total Liabilities 10.32 19.75 43.48 52.93 102.25 108.36
0.97 0.79 0.86 0.97 3.10 4.09
CWIP 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.30 1.35 0.39 1.49 1.49 1.56
9.05 17.61 42.23 50.47 97.66 102.71
Total Assets 10.32 19.75 43.48 52.93 102.25 108.36

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3.77 5.29 2.06 -5.28 -15.09
-4.20 -8.18 0.25 -1.31 -1.59
0.00 5.29 0.59 2.27 39.24
Net Cash Flow -0.43 2.40 2.90 -4.33 22.55

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 71.91 152.70 185.53 208.42 315.17
Inventory Days 490.86 59.69 88.27 45.65 18.89
Days Payable 696.44 234.72 370.96 299.05 269.22
Cash Conversion Cycle -133.66 -22.34 -97.16 -44.99 64.84
Working Capital Days 8.46 66.56 63.77 119.75 237.16
ROCE % 36.94% 42.09% 57.19% 22.40%

Shareholding Pattern

Numbers in percentages

Mar 2024Sep 2024
56.59% 56.59%
3.62% 3.36%
39.79% 40.05%
No. of Shareholders 2,1072,123

* 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

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