September 27, 2023 - October 3, 2023

Canarys Automations IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Canarys Automations IPO.

Canarys Automations IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
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%	100.00	0.00	0.00	0.00	0.00

Canarys Automations IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

Canarys Automations IPO Review by Dilip Davda (Apply)

[Dilip Davda] CAL is a niche player in IT automation solutions and water resource management. It has posted steady growth for the reported periods of the offer document. FY23 performance indicates future prospects. It has an order book worth Rs. 57.93 cr. as of August 31, 2023. Based on its financial performances so far, though the issue appears fully priced, it is worth considering for medium to long-term rewards. Read detail review...

Canarys Automations IPO Peer Comparison

Canarys Automations Limited peer comparison with similar listed entities. () (As on March 31, 2023)

Company Name	EPS (Rs)		NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	EPS Diluted	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Canarys Automations Limited	4.29	4.29	12.40		31.64
All E Technologies Limited	6.95	6.95	49.81	12.53	12.01
Happiest minds Limited	16.13	16.01	58.25	47.95	27.25

Canarys Automations IPO Review by Members

Canarys Automations IPO Reviews, analysis and views by popular members. Read Canarys Automations Limited IPO reviews by retail investors to find recommended ipo to buy.

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Canarys Automations IPO Review Summary by Members

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