Canarys Automations Ltd
Incorporated in 1991, Canarys Automations Limited provides IT solutions in the space of Digitalization, Modernization, Automation, and Intelligence.[1]
- Market Cap ₹ 305 Cr.
- Current Price ₹ 54.2
- High / Low ₹ 62.0 / 27.0
- Stock P/E 31.4
- Book Value ₹ 13.2
- Dividend Yield 0.00 %
- ROCE 46.0 %
- ROE 49.5 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 53.5%
Cons
- Company has high debtors of 206 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 18.12 | 25.17 | 51.80 | 73.73 | 74.49 | |
| 16.42 | 21.86 | 45.66 | 61.04 | 62.13 | |
| Operating Profit | 1.70 | 3.31 | 6.14 | 12.69 | 12.36 |
| OPM % | 9.38% | 13.15% | 11.85% | 17.21% | 16.59% |
| 0.07 | 0.17 | 0.43 | 0.70 | -0.05 | |
| Interest | 0.02 | 0.16 | 0.42 | 0.32 | 0.48 |
| Depreciation | 0.28 | 0.36 | 0.38 | 0.38 | 0.33 |
| Profit before tax | 1.47 | 2.96 | 5.77 | 12.69 | 11.50 |
| Tax % | 28.57% | 26.35% | 25.30% | 26.00% | 23.83% |
| 1.05 | 2.18 | 4.31 | 9.38 | 8.77 | |
| EPS in Rs | 1.56 | ||||
| Dividend Payout % | 0.00% | 0.00% | 5.68% | 2.61% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 44% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 64% |
| TTM: | 2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 54% |
| Last Year: | 49% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 1.74 | 1.91 | 4.08 | 4.08 | 14.36 |
| Reserves | 2.89 | 5.15 | 6.89 | 15.51 | 59.94 |
| Preference Capital | 0.00 | 5.20 | 5.20 | 5.20 | |
| 0.00 | 0.00 | 0.98 | 4.01 | 3.77 | |
| 5.69 | 12.69 | 31.53 | 32.30 | 24.18 | |
| Total Liabilities | 10.32 | 19.75 | 43.48 | 55.90 | 102.25 |
| 0.97 | 0.79 | 0.86 | 0.97 | 3.00 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.30 | 1.35 | 0.39 | 1.49 | 1.59 |
| 9.05 | 17.61 | 42.23 | 53.44 | 97.66 | |
| Total Assets | 10.32 | 19.75 | 43.48 | 55.90 | 102.25 |
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 | -4.98 | -15.09 | |
| -4.20 | -8.18 | 0.25 | -1.62 | -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 | |
| Inventory Days | 490.86 | 59.69 | 88.27 | 45.65 | |
| Days Payable | 696.44 | 234.72 | 370.96 | 299.05 | |
| Cash Conversion Cycle | -133.66 | -22.34 | -97.16 | -44.99 | |
| Working Capital Days | 8.46 | 66.56 | 63.77 | 119.70 | |
| ROCE % | 36.94% | 42.09% | 57.19% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
2 July 2024 - Canarys Automations Limited has informed about Transcript
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Analysts/Institutional Investor Meet/Con. Call Updates
27 June 2024 - Canarys Automations Limited has informed about Link of Recording
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Investor Presentation
27 June 2024 - Canarys Automations Limited has informed about Investor Presentation
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Analysts/Institutional Investor Meet/Con. Call Updates
24 June 2024 - Canarys Automations Limited has informed about Schedule of meet
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Analysts/Institutional Investor Meet/Con. Call Updates
24 June 2024 - Canarys Automations Limited has informed about Intimation of Earnings Conference Call to discuss Audited Financial Results of the Company for the half year ended and …
Annual reports
No data available.
Business Verticals
A) Technology solutions[1] This includes consulting solutions in Digitalization, Modernization, Cloudification, Automation, Transformation, and Intelligence. Technology expertise includes DevOps Consulting (Azure, GitHub, Atlassian, GitLab, etc.), Cloud Consulting (Azure, AWS, GCP), Digital Enterprise Solutions using SAP, MS Dynamics 365, RPA, Digital Applications, and Mobility Solutions.
Key Facts - FY23[2]
No. of Projects - 15
No. of Employees - 14
No. of Clients - 22
Avg. Revenue per project - 1.92 Crs