CANARYS Peer Comparison

NSE: CANARYS

₹26.35

₹0.30 (1.15%)

As on 28-Aug-2026IST

Market cap

₹155 Cr

Revenue (TTM)

₹89 Cr

P/E Ratio

12.6

P/B Ratio

1.8

Div. Yield

0 %

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	CANARYS	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Market cap (₹ Cr)	155	37,166	22,926	14,479	13,236
Revenue (₹ Cr)	89	5,642	3,886	3,300	6,654
Net Profit (₹ Cr)	8.29	243.00	654.66	286.80	226.02
Net Margin (%)	9.15	4.26	16.07	8.52	3.38
RoE (%)	10.93	11.03	25.28	13.50	26.28
Price to Earnings	12.56	152.95	35.02	49.55	58.57
Price-To-Book	1.75	9.71	7.19	4.94	9.86

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	CANARYS	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Operating Revenue	89.08	3,996.00	3,729.05	2,765.40	5,966.91
Total Income	90.58	4,032.00	3,909.14	2,816.20	5,971.94
Total Expenditure	77.64	3,580.00	2,755.66	2,415.50	5,437.12
EBITDA	11.44	416.00	973.39	349.90	529.79
Depreciation	0.27	316.00	104.87	102.30	113.28
EBIT	11.18	100.00	868.52	247.60	416.51
Interest	1.18	241.00	20.20	57.70	144.72
Other Income	1.50	36.00	180.09	50.80	5.03
Exceptional Items	--	--	--	27.00	-65.69
Profit before Tax	11.49	-105.00	1,028.40	238.00	211.86
Provision for Tax	3.20	-33.00	243.47	17.40	7.08
Profit after Tax	8.29	-72.00	784.94	220.60	204.78

Liabilities (₹ Cr)

	CANARYS	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Shareholder's Funds	87.47	1,990.00	2,859.97	1,753.20	758.74
Minority Interest	--	--	--	12.20	--
Non-Current Liabilities	-0.11	884.00	158.44	461.40	928.64
Current Liabilities	32.71	2,510.00	529.68	574.70	1,361.66
Total Liabilities	120.51	5,447.00	3,585.72	2,801.50	3,072.14

Assets (₹ Cr)

	CANARYS	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Non-Current Assets	8.76	3,099.00	750.59	1,176.90	918.69
Current Assets	111.31	2,285.00	2,797.50	1,624.60	2,130.35
Total Assets	120.51	5,447.00	3,585.72	2,801.50	3,072.14
Total Debt*	7.14	1,818.00	0.00	266.20	653.67
Net Current Assets	78.60	-225.00	2,267.82	1,049.90	768.69
Contingent Liabilities	0.73	274.00	0.67	13.90	30.16

Cashflow (₹ Cr)

	CANARYS	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Cash From Operating Activities	3.85	348.00	811.98	397.00	-87.61
Cash Flow from Investing Activities	-2.08	-89.00	-308.28	-181.00	-46.56
Cash from Financing Activities	2.13	4.00	-498.59	-22.40	192.15
Net Cash Inflow / Outflow	3.89	263.00	5.10	193.60	57.98

Ratios

Profitability Ratios

	CANARYS	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
ROCE (%)	14.36	3.00	39.09	16.09	31.13
ROE (%)	10.93	-3.61	29.45	17.44	35.50
ROA (%)	7.39	-1.06	23.39	8.57	7.03
EBIT Margin (%)	14.52	11.31	30.93	14.49	8.96
Net Margin (%)	9.15	-1.79	20.08	7.83	3.43
Cash Profit Margin (%)	9.60	6.11	23.86	11.68	5.33

Growth Ratios

	CANARYS	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Revenue Growth (%)	18.75	-2.13	4.98	25.91	-5.01
EBIT Growth (%)	4.92	-14.39	-1.35	236.72	18.86
Net Profit Growth (%)	3.69	-1.41	-0.92	503.29	48.75
EPS Growth (%)	1.86	-96.88	-0.93	569.47	47.61
Book Value Growth (%)	17.48	-1.54	14.05	26.83	40.53

Valuation Ratios

	CANARYS	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Price / Earnings	17.77	0.00	41.39	0.00	29.73
Price / Book Value	1.80	2.01	11.44	0.00	9.03
Dividend Yield (%)	0.00	0.00	1.44	--	0.28
EV/EBITDA	9.91	11.76	26.77	-0.05	12.18
Market Cap (₹ Cr)	147.28	3,967.23	32,489.33	0.00	6,089.23

Solvency Ratios

	CANARYS	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Debt to Equity	0.09	0.92	0.00	0.19	0.97
Short term debt to equity ratio	0.08	0.36	--	--	0.01
Current Ratio	3.40	0.91	5.28	2.83	1.56
Quick Ratio	3.21	0.62	5.28	2.83	1.41
Interest Coverage	10.72	0.56	51.91	5.12	2.46

Operating Efficiency Ratios

	CANARYS	Sterlite Tech	Tata Elxsi	Fractal Analytics	Black Box
Debtors to sales (%)	76.70	20.67	26.05	21.15	9.50
Asset Turnover	0.79	0.59	1.11	1.07	2.05
Receivable days	272.66	110.71	95.10	73.79	29.16
Inventory Days	16.31	71.15	0.00	0.00	13.95
Payable days	345.53	261.85	1,536.47	--	126.80
Cash Conversion Cycle	-56.56	-79.99	-1,441.37	--	-83.69