Canarys Automations Limited

IT solutions provider for digitalization, automation, and intelligence in various industries.

1991 | Bangalore, Karnataka (India) | Active
Last Updated: May 01, 2024

Canarys Automations Profile

Key Indicators

  • Authorised Capital ₹ 17.60 Cr
  • Paid Up Capital ₹ 15.92 Cr
  • Company Age 33 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.00 Cr
  • Satisfied Charges ₹ 12.83 Cr
  • Revenue Growth 42.72%
  • Profit Growth 117.80%
  • Ebitda 104.71%
  • Net Worth 53.27%
  • Total Assets 28.61%

About Canarys Automations

Canarys Automations Limited (CAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 July 1991 and has a history of 33 years and seven months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Canarys Automations Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 17.60 Cr and a paid-up capital of Rs 15.92 Cr.

The company currently has active open charges totaling ₹13.00 Cr. The company has closed loans amounting to ₹12.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Canarys Automations Limited India are Nagashree Hegde as Company Secretary, Sheshadri Yedavanahalli as Ceo, and Raghu Chandrashekhariah as Cfo. Metikurke Subbarao, Muralikrishnan Gopalakrishnan, Ramesh Bhaskar, and Five other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ecanarys.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U31101KA1991PLC012096

  • Company No.

    012096

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 1991

  • Date of AGM

    14 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Canarys Automations?

Executive Team (4)

Name Designation Appointment Date Status
Metikurke Subbarao Country flag representing In Managing Director 01-Jul-1991 Current
Nagashree Hegde Company Secretary 03-Jul-2023 Current
Sheshadri Yedavanahalli CEO 01-Sep-2022 Current
Raghu Chandrashekhariah CFO 03-Jul-2023 Current

Board Members (5)

Name Designation Appointment Date Status
Ramesh Bhaskar Country flag representing In Director 14-Jul-2023 Current
Pushparaj Shetty Country flag representing In Director 19-May-2023 Current
Muralikrishnan Gopalakrishnan Country flag representing In Director 14-Jul-2023 Current
Danavadi Arun Country flag representing In Whole-Time Director 29-Sep-1999 Current
Asha Sivashankar Country flag representing In Director 14-Jul-2023 Current

Financial Performance of Canarys Automations.

Canarys Automations Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.72% increase. The company also saw a substantial improvement in profitability, with a 117.8% increase in profit. The company's net worth Soared by an impressive increase of 53.27%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
42.72%
Revenue from Operations
42.32%
Total Assets
28.61%
Profit or Loss
117.80%
Net Worth
53.27%
EBITDA
104.71%

What is the Ownership and Shareholding Structure of Canarys Automations?

In 2023, Canarys Automations had a promoter holding of 77.84% and a public holding of 22.16%. The company had 1 Joint Venture and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.00 Cr

Satisfied Charges

₹12.83 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 13.00 Cr

Latest Charge Details

Date Lender Amount Status
23 Apr 2021 State Bank Of India ₹13.00 Cr Open
06 Jan 2022 Canara Bank ₹12.00 Cr Satisfied
21 Mar 2006 Canara Bank ₹5.58 M Satisfied
27 Jul 1991 Canbank Financial Services Ltd ₹2.70 M Satisfied

How Many Employees Work at Canarys Automations?

Canarys Automations has a workforce of 265 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Canarys Automations, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Canarys Automations's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Canarys Automations

Recent activity within the organization

  • Annual General Meeting

    Canarys Automations Limited last Annual general meeting of members was held on 14 Aug 2023 as per latest MCA records.

    14 Aug 2023

  • Charges

    A charge registered on 06 Jan 2022 via Charge ID 100532221 with Canara Bank was fully satisfied on 08 Aug 2023.

    08 Aug 2023

  • Director Appointment

    Muralikrishnan Gopalakrishnan was appointed as a Director was appointed as a Director on 14 Jul 2023 & has been associated with this company since 1 year 7 months .

    14 Jul 2023

  • Director Appointment

    Nagashree Hegde was appointed as a Company Secretary was appointed as a Company Secretary on 03 Jul 2023 & has been associated with this company since 1 year 7 months .

    03 Jul 2023

  • Balance Sheet

    Canarys Automations Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Sheshadri Srinivas Yedavanahalli was appointed as a Ceo was appointed as a Ceo on 01 Sep 2022 & has been associated with this company since 2 years 5 months .

    01 Sep 2022

Recent News, Updates & Announcement

  • News icon
    Canarys Automations IPO Soars on NSE SME Debut, Share Price Surges 40.2% Higher at ₹43.45 with Strong Investor Interest and Plans for Growth.

    Canarys Automations IPO listed on NSE SME today with a bang! Share price at ₹43.45, 40.2% higher than issue price. IPO raised ₹10.02 crore from anchor investors. No OFS component. Plans to use funds for water management, infrastructure, and working capital. GMP at +5, indicating listing price of ₹36. Grey market premium shows investors willing to pay more than issue price. Price band at ₹29-₹31. Exciting news! Mint on WhatsApp for financial insights..

    11 Oct 2023 mint

  • News icon
    Canarys, a Leader in DevOps Solutions | Technology.

    Bengaluru Karnataka India Business Wire India Canarys Automations Private Limited a leading DevOps solutions provider has been awarded the coveted DevOps Award Leader in DevOps Solutions at the recent DevOps Conclave 2023 event for its exceptional innovation and excellence in DevOps field The DevOps Award recognizes companies that have developed and delivered exceptional DevOps solutions for customers.

    12 Apr 2023 Devdiscourse

Frequently asked questions

  • Canarys Automations Limited was incorporated on 01 Jul 1991.

  • The authorized share capital of Canarys Automations Limited is ₹ 17.60 Cr and paid-up capital is ₹ 15.92 Cr.

  • Currently 11 directors are associated with Canarys Automations Limited.

    • Metikurke Ramaswamy Raman Subbarao
    • Muralikrishnan Gopalakrishnan
    • Nagashree Hegde
    • Sheshadri Srinivas Yedavanahalli
    • Raghu Chandrashekhariah
    • Ramesh Phatak Bhaskar
    • Sheshadri Srinivas Yedavanahalli
    • Pushparaj Shetty
    • Raghu Chandrashekhariah
    • Danavadi Krishnamurthy Arun
    • Asha Sivashankar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Canarys Automations Limited is No. 566 & 567 2Nd Floor 30Th Main Attimabbe Road, Banagirinagara Banashankari 3Rd Stage, Bengaluru, Karnataka, India, 560085.

  • The corporate identification number (CIN) of Canarys Automations Limited is U31101KA1991PLC012096 and the company number is 012096 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Canarys Automations Limited is https://www.ecanarys.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Canarys Automations Limited has risen by 42.72%.

  • As Per 2023 financial reports, 265 employees are currently employed by Canarys Automations Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Canarys Automations Limited has experienced an upsurge of 53.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Canarys Automations Limited amount to ₹ 13.00 Cr.

  • The most recent Balance Sheet for Canarys Automations Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on IT Consulting Services