Canarys Automa.

- There is no mention of any current or future fundraising through debt or equity in the call transcript on page 17 or surrounding pages. - The discussion primarily focuses on capex plans, order book, business segments, and operational updates. - Capex allocation is planned as recurring investment: INR 9 crores for infrastructure over 2 years and INR 11.2 crores for solution development over 3 years. - No indication or query about raising funds via debt or equity was raised or answered during the call. - Management appears focused on organic growth, acquisitions, and strategic investments rather than external fundraising at this time.

- The company plans recurring capex investments, not one-time. - INR 9 crores allocated for infrastructure over the next 2 years. - INR 11.2 crores allocated for solutions development over the next 3 years. - Investments targeted at infrastructure and solutions development to support growth. - Focus includes building top-notch technology and leadership teams. - Heavy investment planned in AI and ML technologies. - Strategic investment in expanding industry and technology solutions. - Acquisition of a North American IT services company to expand BFSI, pharma, and healthcare presence. - Overall aim to maintain or grow EBITDA margins with capex supporting market conditions and growth plans.

- The order bookings as of June 2024 stand at INR123 crores for the next 3-4 years, indicating strong growth visibility. - Approximately 25%-40% of these orders are scheduled to be realized each year over the next three years, suggesting steady revenue flow. - Expansion in industry and technology solutions, with heavy investments in AI and ML to drive solution development and market penetration. - Growth strategy targets increased presence in North America via acquisition, focusing on BFSI, pharma, and healthcare sectors. - The company expects to increase headcount by 20%-30% to enhance solution capabilities. - The water resource management segment shows promising tender flows backed by government initiatives like Jal Shakti, adding to growth potential. - Annuity contracts and multi-year deals provide stable recurring revenues supporting a sustained growth trajectory.

- Management refrains from providing explicit forward-looking guidance on earnings or profits. - Order bookings for FY 2024-25 are strong, indicating promising future revenue. - Recent acquisitions, particularly the North American subsidiary, are expected to contribute positively to top line and bottom line growth. - The company aims to maintain or improve EBITDA margins, guided by market conditions and investment plans. - Management expects a continued upward trend in margins based on the last four years' performance. - Growth strategies focus on expanding solutions, increasing order bookings, and global expansion, especially in North America. - Investment in AI/ML and industry-specific solutions is expected to drive future value and revenue growth. - Overall, while concrete profit or EPS estimates are not given, business indications and acquisitions imply a positive growth trend.

- Canarys Automations Limited has an order book of approximately INR 123 crores as of June 2024. - This order book spans three to four years. - About INR 100 crores of this order book is from 3-year contracts. - Revenue recognition from these contracts is roughly: - 25-30% in the first year, - 35% in the second year, - 35-40% in the third year. - Small contracts are generally recognized 100% within the same financial year. - The order book split between IT solutions and water resource management is roughly 65% and 35%, respectively. - Additionally, the company has a significant annuity business (about 40% of IT solutions revenue) and medium-term contracts (around 30%). - There is new order booking of approximately INR 120-130 crores from recent quarters. - The North American subsidiary's order book is not included in the INR 123 crores figure.