General information about company |
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|---|---|
| Scrip code | 123456 |
| NSE Symbol | CANARYS |
| MSEI Symbol | NOTLISTED |
| ISIN | INE0QG301017 |
| Name of Company | CANARYS AUTOMATIONS LIMITED |
| Type of company | SME |
| Class of security | Equity |
| Date of start of financial year | 01-Apr-2024 |
| Date of end of financial year | 31-Mar-2025 |
| Date of board meeting when results were approved | 29-May-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 21-May-2025 |
| Description of presentation currency | INR (in Actuals) |
| Reporting Type | Half Yearly |
| Reporting Quarter | Yearly |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Audited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 29-May-2025 17:40:00 |
| End date and time of board meeting | 29-May-2025 18:50:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
Financial Results — Other than Bank |
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|---|---|---|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Oct-2024 | 01-Apr-2024 |
| B | Date of end of reporting period | 31-Mar-2025 | 31-Mar-2025 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Part I | Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column. | ||
| 1 | Revenue From Operations | ||
| Revenue from operations | 514985000 | 890827000 | |
| Other income | 7961000 | 14958000 | |
| Total Income | 522946000 | 905785000 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 0 | 0 |
| (b) | Purchases of stock-in-trade | 204321000 | 302084000 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | -19742000 | -39395000 |
| (d) | Employee benefit expense | 198816000 | 368681000 |
| (e) | Finance costs | 7577000 | 11825000 |
| (f) | Depreciation and amortisation expense | 1324000 | 2662000 |
| (g) | Other Expenses | ||
| 1 | All Other Expenses | 68870000 | 133613000 |
| 2 | Share Based Payment Expenses | 3820000 | 11414000 |
| Total other expenses | 72690000 | 145027000 | |
| Total expenses | 464986000 | 790884000 | |
| 3 | Profit before exceptional and extraordinary items and tax | 57960000 | 114901000 |
| 4 | Exceptional items | 0 | 0 |
| 5 | Profit before extraordinary items and tax | 57960000 | 114901000 |
| 6 | Extraordinary items | 0 | 0 |
| 7 | Profit before tax | 57960000 | 114901000 |
| 8 | Tax Expense | ||
| Current tax | 16630000 | 32080000 | |
| Deferred tax | 491000 | -75000 | |
| Total tax expenses | 17121000 | 32005000 | |
| 9 | Net Profit Loss for the period from continuing operations | 40839000 | 82896000 |
| 10 | Profit (loss) from discontinuing operations before tax | 0 | 0 |
| 11 | Tax expense of discontinuing operations | 0 | 0 |
| 12 | Net profit (loss) from discontinuing operation after tax | 0 | 0 |
| 13 | Profit (loss) for period before minority interest | 40839000 | 82896000 |
| 14 | Share of profit (loss) of associates | 0 | 0 |
| 15 | Profit (loss) of minority interest | 0 | 0 |
| 16 | Net profit (Loss) for the period | 40839000 | 82896000 |
| 17 | Details of equity share capital | ||
| Paid-up equity share capital | 11439200000000 | 11439200000000 | |
| Face value of equity share capital | 2 | 2 | |
| 18 | Reserves excluding revaluation reserve | 728839000 | |
| 19 | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 0.7 | 1.45 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 0.69 | 1.39 | |
| 20 | Debt equity ratio | 0.0 | 0.0 |
| 21 | Debt service coverage ratio | 0.0 | 0.0 |
| 22 | Interest service coverage ratio | 0.0 | 0.0 |
| 23 | Disclosure of notes on financial results | Textual Information(1) | |
Text Block |
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| Textual Information(1) | 1. The above Audited Financial Results of the Company for the Half Year and Year ended 31° March, 2025 have been prepared in accordance with the recognition and measurement principles laid down in applicable Accounting Standards ( AS ) as prescribed under the Companies Act, 2013, as amended, read with relevant rules thereunder and in terms of regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. 2. The above Audited Results of the Company for the half year and year ended 31“ March, 2025 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on 29 May, 2025. 3. The figures for the Half Year ended on March 31, 2025, are the balancing figures between the audited figures in respect of the full Financial Year ended March 31, 2025, and the published unaudited figures of the Year to date (Half Year) ended September 30, 2024, which were subjected to limited review. 4. The Company has identified Technology Solutions and Water resource Management solutions as the primary reportable segment as per the AS 17 - Segment reporting. 5 There are no Investors Complaints pending as on 31st March, 2025. 6. As per the MCA Notifications dated 16th February 2015, companies whose shares are listed on SME Platform as refer to in Chapter XB of SEBI (Issue of capital & Disclosure requirements) regulations 2009 are exempt from the compulsory requirement of adoption of IND-AS. As the company is covered under the exemption from the compulsory requirement of adoption of IND-AS , hence IND-AS has not been adopted in the financial statement stated above. 7 The above Cash flow statement has been prepared under the Indirect Method as set out in Accounting Standard-3, Cash Flow Statements issued under the Companies (Accounting Standard) Rules, 2006. 8 Company has redeemed 30% of the Paid-up Cumulative Preference share i.e., 15,60,000 Cumulative Preference shares of Rs.10/- each at par amounting to Rs. 1,56,00,000/- (Rupees One Crore Fifty Six Lakhs only) at the Board Meeting held on 13th March, 2025 9. Pursuant to approval granted by the shareholders of the Company at their Extra Ordinary General Meeting held on 13th May, 2024 and In-principle approvals granted by NSE Limited on 13 May, 2024, the Board of Directors of the Company vide their Resolution passed through Circulation on Thursday, 23rd May, 2024, has considered and approved the allotment of 25,60,973 Warrants convertible into equivalent number of Equity Shares of the Company having face value of Rs. 2/- per Equity Share within a period of 18 months from the date of allotment i.e 23rd May, 2024, at an Issue Price of Rs. 41/- (Rupees Forty-One only) (including premium of Rs. 39/- each) to the Promoter and Non-Promoter allottees on a preferential basis. Pursuant to receipt of Rs. 3,11,24,934.75/- i.e. 75 % remaining exercise price against the exercise of 10,12,193 out of 25,60,973convertible warrants allotted by the Company as per terms approved by the shareholders in the Extra Ordinary General Meeting (EGM) held on 13th May, 2024 and as per the provisions of the Companies Act, 2013 and rules made thereunder, the consent of the Board of Directors of the Company be and is hereby accorded to allot 10,12,193 Equity Shares of face value of Rs. 2/- (Rupees Two only) each at a premium of Rs. 39/- (Rupees Thirty- Nine only) per Equity Share for each Warrant held by the warrant holder upon exercise of one convertible warrant into one Equity Share. 10 The Company has successfully acquired 51% of Fortira Inc. as on 15th April 2025, making it a subsidiary and marking a key milestone in our strategic growth. 11 The Figures for the previous half year/year have been regrouped/reclassified, wherever necessary to confirm to current period/year classification. | ||
Remarks |
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| 20 | Debt equity ratio | |
| 21 | Debt service coverage ratio | |
| 22 | Interest service coverage ratio | |
Cash flow statement — indirect |
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|---|---|---|---|---|
| A | Date of start of reporting period | 01-Apr-2024 | ||
| B | Date of end of reporting period | 31-Mar-2025 | ||
| C | Whether results are audited or unaudited | Audited | ||
| D | Nature of report standalone or consolidated | Consolidated | ||
| 1 | Statement of cash flows | |||
| Cash flows from used in operating activities | ||||
| Profit before extraordinary items and tax | 114901000 | |||
| 2 | Adjustments for reconcile profit (loss) | |||
| Adjustments to profit (loss) | ||||
| Adjustments for finance costs | 0 | |||
| Adjustments for depreciation and amortisation expense | -2662000 | |||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0 | |||
| Adjustments for unrealised foreign exchange losses gains | 0 | |||
| Adjustments for dividend income | -10674000 | |||
| Adjustments for share-based payments | 11414000 | |||
| Other adjustments for which cash effects are investing or financing cash flow | 0 | |||
| Other adjustments to reconcile profit (loss) | 0 | |||
| Other adjustments for non-cash items | 0 | |||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0 | |||
| Total adjustments to profit (loss) | 19426000 | |||
| 3 | Adjustments for working capital | |||
| Adjustments for decrease (increase) in inventories | -44884000 | |||
| Adjustments for decrease (increase) in trade receivables | -35655000 | |||
| Adjustments for decrease (increase) in other current assets | -17501000 | |||
| Adjustments for increase (decrease) in trade payables | 76683000 | |||
| Adjustments for increase (decrease) in other current liabilities | -45590000 | |||
| Adjustments for provisions | -11000 | |||
| Total adjustments for working capital | -66958000 | |||
| Total adjustments for reconcile profit (loss) | -47532000 | |||
| Net cash flows from (used in) operations | 67369000 | |||
| Dividends received | 0 | |||
| Interest paid | -11825000 | |||
| Interest received | 346000 | |||
| Income taxes paid (refund) | 32005000 | |||
| Other inflows (outflows) of cash | 1192000 | |||
| Net cash flows from (used in) operating activities before extraordinary items | 48727000 | |||
| Proceeds from extraordinary items | 0 | |||
| Payment for extraordinary items | 0 | |||
| Net cash flows from (used in) operating activities | 48727000 | |||
| 4 | Cash flows from used in investing activities | |||
| Cash flows from losing control of subsidiaries or other businesses | 0 | |||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0 | |||
| Other cash receipts from sales of equity or debt instruments of other entities | 0 | |||
| Other cash payments to acquire equity or debt instruments of other entities | 0 | |||
| Other cash receipts from sales of interests in joint ventures | 0 | |||
| Other cash payments to acquire interests in joint ventures | 0 | |||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0 | |||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0 | |||
| Proceeds from sales of property plant and equipment | 0 | |||
| Purchase of property plant and equipment | -31785000 | |||
| Proceeds from sales of intangible assets | 0 | |||
| Purchase of intangible assets | 0 | |||
| Cash advances and loans made to other parties | 0 | |||
| Cash receipts from repayment of advances and loans made to other parties | 0 | |||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0 | |||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0 | |||
| Dividends received | 0 | |||
| Interest received | 10674000 | |||
| Income taxes paid (refund) | 0 | |||
| Other inflows (outflows) of cash | 277000 | |||
| Proceeds from government grants | 0 | |||
| Net cash flows from (used in) investing activities before extraordinary items | 42736000 | |||
| Proceeds from extraordinary items | 0 | |||
| Payment for extraordinary items | 0 | |||
| Net cash flows from (used in) investing activities | 42736000 | |||
| Cash flows from used in financing activities | ||||
| Proceeds from issuing shares | 0 | |||
| Proceeds from issuing other equity instruments | -57375000 | |||
| Proceeds from issuing debentures notes bonds etc | 0 | |||
| Proceeds from borrowings | 5771000 | |||
| Repayments of borrowings | 0 | |||
| Dividends paid | -2860000 | |||
| Interest paid | -11825000 | |||
| Income taxes paid (refund) | 0 | |||
| Other inflows (outflows) of cash | -15600000 | |||
| Net cash flows from (used in) financing activities before extraordinary items | -52519000 | |||
| Proceeds from extraordinary items | 0 | |||
| Payment for extraordinary items | 0 | |||
| Net cash flows from (used in) financing activities | -52519000 | |||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 38944000 | |||
| 6 | Effect of exchange rate changes on cash and cash equivalents | |||
| Effect of exchange rate changes on cash and cash equivalents | 0 | |||
| Net increase (decrease) in cash and cash equivalents | 38944000 | |||
| Cash and cash equivalents cash flow statement at beginning of period | 254235000 | |||
| Cash and cash equivalents cash flow statement at end of period | 293179000 | |||
Statement of Asset and Liabilities |
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|---|---|---|---|
| Particulars | Year ended (dd-mm-yyyy) | ||
| Date of start of reporting period | 01-Apr-2024 | ||
| Date of end of reporting period | 31-Mar-2025 | ||
| Whether results are audited or unaudited | Audited | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Equity and liabilities | |||
| 1 | Shareholders' funds | ||
| Share capital | 129992000 | ||
| Reserves and surplus | 728839000 | ||
| Money received against share warrants | 15875000 | ||
| Total shareholders' funds | 874706000 | ||
| 2 | Share application money pending allotment | 0 | |
| 3 | Deferred government grants | 0 | |
| 4 | Minority interest | 0 | |
| 5 | Non-current liabilities | ||
| Long-term borrowings | 0 | ||
| Deferred tax liabilities (net) | 0 | ||
| Foreign currency monetary item translation difference liability account | 0 | ||
| Other long-term liabilities | 330000 | ||
| Long-term provisions | 2936000 | ||
| Total non-current liabilities | 3266000 | ||
| 6 | Current liabilities | ||
| Short-term borrowings | 71391000 | ||
| Trade Payables | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 31641000 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 152413000 | ||
| Total Trade payable | 184054000 | ||
| Other current liabilities | 59687000 | ||
| Short-term provisions | 11973000 | ||
| Total current liabilities | 327105000 | ||
| Total equity and liabilities | 1205077000 | ||
| Assets | |||
| 1 | Non-current assets | ||
| i | Property, Plant and Equipment and Intangible assets | ||
| Property, Plant and Equipment | 5086000 | ||
| Producing properties | 0 | ||
| Intangible assets | 32000 | Preproducing properties | |
| Property, Plant and Equipment capital work-in-progress | |||
| Intangible assets under development or work-in-progress | 54116000 | ||
| Total Property, Plant and Equipment and Intangible assets | 59234000 | ||
| ii | Non-current investments | 11989000 | |
| v | Deferred tax assets (net) | 4389000 | |
| vi | Foreign currency monetary item translation difference asset account | 0 | |
| vii | Long-term loans and advances | 1274000 | |
| viii | Other non-current assets | 15121000 | |
| Total non-current assets | 92007000 | ||
| Current assets | |||
| Current investments | 0 | ||
| Inventories | 62258000 | ||
| Trade receivables | 683276000 | ||
| Cash and cash equivalents | 35000 | ||
| Bank balance other than cash and cash equivalents | 278023000 | ||
| Short-term loans and advances | 37819000 | ||
| Other current assets | 51659000 | ||
| Total current assets | 1113070000 | ||
| Total assets | 1205077000 | ||
| Disclosure of notes on assets and liabilities | Textual Information(1) | ||
Text Block |
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|---|---|---|---|
| Textual Information(1) | 1. The above Audited Financial Results of the Company for the Half Year and Year ended 31° March, 2025 have been prepared in accordance with the recognition and measurement principles laid down in applicable Accounting Standards ( AS ) as prescribed under the Companies Act, 2013, as amended, read with relevant rules thereunder and in terms of regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. 2. The above Audited Results of the Company for the half year and year ended 31“ March, 2025 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on 29 May, 2025. 3. The figures for the Half Year ended on March 31, 2025, are the balancing figures between the audited figures in respect of the full Financial Year ended March 31, 2025, and the published unaudited figures of the Year to date (Half Year) ended September 30, 2024, which were subjected to limited review. 4. The Company has identified Technology Solutions and Water resource Management solutions as the primary reportable segment as per the AS 17 - Segment reporting. 5 There are no Investors Complaints pending as on 31st March, 2025. 6. As per the MCA Notifications dated 16th February 2015, companies whose shares are listed on SME Platform as refer to in Chapter XB of SEBI (Issue of capital & Disclosure requirements) regulations 2009 are exempt from the compulsory requirement of adoption of IND-AS. As the company is covered under the exemption from the compulsory requirement of adoption of IND-AS , hence IND-AS has not been adopted in the financial statement stated above. 7 The above Cash flow statement has been prepared under the Indirect Method as set out in Accounting Standard-3, Cash Flow Statements issued under the Companies (Accounting Standard) Rules, 2006. 8 Company has redeemed 30% of the Paid-up Cumulative Preference share i.e., 15,60,000 Cumulative Preference shares of Rs.10/- each at par amounting to Rs. 1,56,00,000/- (Rupees One Crore Fifty Six Lakhs only) at the Board Meeting held on 13th March, 2025 9. Pursuant to approval granted by the shareholders of the Company at their Extra Ordinary General Meeting held on 13th May, 2024 and In-principle approvals granted by NSE Limited on 13 May, 2024, the Board of Directors of the Company vide their Resolution passed through Circulation on Thursday, 23rd May, 2024, has considered and approved the allotment of 25,60,973 Warrants convertible into equivalent number of Equity Shares of the Company having face value of Rs. 2/- per Equity Share within a period of 18 months from the date of allotment i.e 23rd May, 2024, at an Issue Price of Rs. 41/- (Rupees Forty-One only) (including premium of Rs. 39/- each) to the Promoter and Non-Promoter allottees on a preferential basis. Pursuant to receipt of Rs. 3,11,24,934.75/- i.e. 75 % remaining exercise price against the exercise of 10,12,193 out of 25,60,973convertible warrants allotted by the Company as per terms approved by the shareholders in the Extra Ordinary General Meeting (EGM) held on 13th May, 2024 and as per the provisions of the Companies Act, 2013 and rules made thereunder, the consent of the Board of Directors of the Company be and is hereby accorded to allot 10,12,193 Equity Shares of face value of Rs. 2/- (Rupees Two only) each at a premium of Rs. 39/- (Rupees Thirty- Nine only) per Equity Share for each Warrant held by the warrant holder upon exercise of one convertible warrant into one Equity Share. 10 The Company has successfully acquired 51% of Fortira Inc. as on 15th April 2025, making it a subsidiary and marking a key milestone in our strategic growth. 11 The Figures for the previous half year/year have been regrouped/reclassified, wherever necessary to confirm to current period/year classification. | ||
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results |
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|---|---|---|---|---|---|---|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
| Date of start of reporting period | 01-Oct-2024 | 01-Apr-2024 | |||||
| Date of end of reporting period | 31-Mar-2025 | 31-Mar-2025 | |||||
| Whether results are audited or unaudited | Audited | Audited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Technology Solutions | 336736000 | 606713000 | ||||
| 2 | Water Resource Management Solutions | 188250000 | 314114000 | ||||
| Total Segment Revenue | 524986000 | 920827000 | |||||
| Less: Inter segment revenue | 10000000 | 30000000 | |||||
| Revenue from operations | 514986000 | 890827000 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Technology Solutions | 38646000 | 66122000 | ||||
| 2 | Water Resource Management Solutions | 24078000 | 54325000 | ||||
| Total Profit before tax | 62724000 | 120447000 | |||||
| i. Finance cost | 12725000 | 20504000 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | -7961000 | -14958000 | |||||
| Profit before tax | 57960000 | 114901000 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Technology Solutions | 307133000 | 307133000 | ||||
| 2 | Water Resource Management Solutions | 428363000 | 428363000 | ||||
| Total Segment Asset | 735496000 | 735496000 | |||||
| Un-allocable Assets | 139210000 | 139210000 | |||||
| Net Segment Asset | 874706000 | 874706000 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Technology Solutions | 0 | 0 | ||||
| 2 | Water Resource Management Solutions | 0 | 0 | ||||
| Total Segment Liabilities | 0 | 0 | |||||
| Un-allocable Liabilities | 0 | 0 | |||||
| Net Segment Liabilities | 0 | 0 | |||||
| Disclosure of notes on segments | |||||||
Details of Impact of Audit Qualification |
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|---|---|
| Whether results are audited or unaudited | Audited |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | Suresh & Co, Chartered Accountants | Yes | 31-Jan-2028 | ||
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