NEW DELHI (India CSR): In an era where technology companies are often defined by innovation, speed, and profit margins, Canarys Automations Limited (Canarys) stands out for adding compassion to its core philosophy. The companyโs journey โFrom Automation to Intelligenceโ in FY 2024โ25 was not just about business growth or international expansionโit was about demonstrating that progress must also uplift people and protect the planet.
Fulfilling its Corporate Social Responsibility (CSR) mandate under the Companies Act, 2013, Canarys Automations invested Rs 20.00 lakhs in initiatives focused on education, animal welfare, and environmental conservation. The companyโs CSR spending reflects a vision deeply rooted in sustainability and empathyโwhere technological excellence meets social purpose.
From supporting educational programs for underprivileged children to funding animal care and ecological restoration, Canarysโ CSR work underscores its belief that innovation and responsibility are two sides of the same coin. In FY 2024โ25, every rupee spent carried the intent to build not just smarter systems, but a more compassionate worldโpositioning Canarys as a model for responsible growth in Indiaโs technology ecosystem.
Table: Canarys Automations Limited CSR Spending Report FY 2025
| Category | Details (FY 2024โ25) |
|---|---|
| Company Name | Canarys Automations Limited |
| Financial Year | 2024โ25 |
| Average Net Profit (Last 3 Years) | Rs 10.03 crore |
| Statutory CSR Obligation (2%) | Rs 20.06 lakh |
| Actual CSR Expenditure | Rs 20.00 lakh |
| Shortfall | Rs 0.06 lakh (remitted to PM CARES Fund on May 22, 2025) |
| CSR Focus Areas | Education, Animal Welfare, Environmental Conservation |
| Administrative Overheads | Nil |
| Capital Assets Created | None |
| CSR Policy Compliance | 100% (Fully compliant with Section 135 of Companies Act, 2013) |
| CSR Committee Requirement | Not applicable (CSR spend < Rs 50 lakh; Board performed CSR functions) |
| Key Education Initiatives | Support for underprivileged students, digital literacy, school infrastructure |
| Animal Welfare Projects | Shelter support, vaccination & rescue drives, awareness campaigns |
| Environmental Programs | Tree plantation, soil conservation, waste management, natural resource care |
| CSR Implementing Mode | Direct contribution to registered NGOs |
| Total Consolidated Income (FY25) | Rs 90.58 crore |
| Profit After Tax (PAT) | Rs 8.29 crore |
| YoY Growth | 19% |
| Major Business Development | Acquired 51% stake in Fortira Inc., USA (Deal value: Rs 21.83 crore) |
| CSR Philosophy | โFrom Automation to Compassion โ Building a Sustainable and Inclusive Future.โ |
Defining Canarysโ CSR Framework for FY 2025
In accordance with Section 135 of the Companies Act, 2013, Canarys Automations computed its CSR obligations based on its three-year average profits. The average net profit before tax over FY 2021-22, FY 2022-23, and FY 2023-24 stood at Rs 10.03 crore, leading to a statutory CSR requirement of Rs 20.06 lakhs for FY 2024-25.
Despite a challenging business environment marked by international expansion and rising competition, the companyโs management ensured full compliance with this mandate. Of the total required amount, Rs 20.00 lakhs was spent on eligible CSR projects, with a marginal unspent balance of Rs 0.06 lakh, which was duly transferred to the PM CARES Fund on May 22, 2025, thereby ensuring complete compliance with the law.
This level of transparency and adherence underscores Canarys Automationsโ commitment not only to regulatory compliance but also to ethical governance and social accountability.
Key Focus Areas: Where the CSR Funds Were Invested
Canarys Automationsโ CSR policy is aligned with Schedule VII of the Companies Act, focusing on long-term societal well-being through measurable, sustainable programs. In FY 2024-25, the company concentrated on three core domains:
- Education: Promoting quality learning, skill enhancement, and opportunities for underprivileged students.
- Animal Welfare: Supporting shelters, vaccination drives, and sustainable care for stray animals.
- Environmental Sustainability: Contributing to tree plantation, soil conservation, and resource management.
The company emphasized projects that create local-level impact and long-term benefits, particularly in communities surrounding its operational areas in Karnataka.
Unlike many corporates that spread CSR funds thinly across multiple verticals, Canarys maintained focus and precision, ensuring every rupee contributed directly translated into tangible outcomes.
A Year of Complete Compliance and Transparency
For FY 2024-25, Canarysโ total CSR obligation was Rs 20.06 lakhs, while its actual CSR expenditure stood at Rs 20.00 lakhs.
- Obligation: Rs 20.06 lakhs
- Spent: Rs 20.00 lakhs
- Shortfall: Rs 0.06 lakh (remitted to PM CARES Fund on May 22, 2025)
The company incurred no administrative overheads, reflecting a 100% direct deployment of CSR funds to projects and beneficiaries.
Canarys also clarified that no funds were used for the construction or acquisition of capital assets, ensuring that its CSR focus remained purely developmental and philanthropic.
Education and Learning: The Foundation of Empowerment
Education continued to be a cornerstone of Canarysโ CSR vision in FY 2025. Recognizing education as the foundation for inclusive growth, the company supported initiatives that made learning accessible to children from disadvantaged backgrounds.
Projects funded under this theme included infrastructure improvement in schools, distribution of learning materials, and scholarships for meritorious students from low-income families. Canarys also extended support for digital literacy programs, aligning with its broader mission of bridging the technology divide.
These programs reflect the companyโs belief that โintelligence must serve humanity,โ not just automationโby preparing youth for a digital future that includes everyone, not just the privileged few.
Animal Welfare: Compassion in Action
In keeping with its holistic CSR philosophy, Canarys Automations also supported animal welfare initiatives, recognizing compassion as a key corporate virtue. Funds were directed toward animal shelters and NGOs working for the rescue and care of abandoned or injured animals.
Key interventions included sponsoring medical treatment for stray animals, vaccination and sterilization drives, and awareness campaigns promoting kindness toward animals in urban spaces.
This initiative complements Canarysโ sustainability agendaโsince animal welfare contributes to maintaining ecological balance and preventing zoonotic diseases. Through such projects, Canarys demonstrates that technology-driven organizations can lead with empathy and environmental consciousness.
Environmental Sustainability: From Automation to Conservation
Canarysโ CSR spending also focused on environmental sustainability, reflecting the companyโs commitment to fighting climate change and preserving natural resources.
The initiatives undertaken included:
- Tree plantation drives in partnership with local communities.
- Soil and water conservation programs in semi-urban and rural belts.
- Support for NGOs engaged in waste management and sustainable agriculture practices.
In an era where industrial development often comes at the cost of ecological degradation, Canarysโ efforts to maintain the quality of soil and natural resources show how responsible businesses can coexist harmoniously with the environment.
Governance: A Board-Led CSR Approach
Since the required CSR amount for FY 2025 was below Rs 50 lakhs, Canarys Automations was exempted from forming a separate CSR Committee under Section 135(9) of the Companies Act. Instead, the Board of Directors directly oversaw all CSR-related decisions, ensuring effective governance, timely fund allocation, and transparency in implementation.
The Boardโs involvement added strategic depth to CSR planningโensuring alignment between business priorities and social goals. The companyโs governance approach emphasized measurable outcomes, timely reporting, and annual CSR disclosures in the public domain.
Financial Resilience and CSR Alignment
Canarys Automationsโ robust financial growth during FY 2025 provided the foundation for its sustained social investment. The companyโs total consolidated income rose to Rs 90.58 crore, a 19% year-on-year increase from Rs 76.30 crore in FY 2024. The Profit After Tax (PAT) reached Rs 8.29 crore, signaling steady profitability despite an increasingly competitive global market.
Parallel to its domestic achievements, Canarys expanded globally by acquiring a 51% stake in Fortira Inc., USA, a leading firm in AI/ML and IT consulting. The deal, valued at USD 2.55 million (Rs 21.83 crore), positioned Canarys as an emerging global automation leader.
While scaling up internationally, the company continued to prioritize its domestic CSR responsibilitiesโdemonstrating that sustainable business growth and community welfare can go hand in hand.
Canarysโ Vision: Technology with a Heart
For Canarys Automations, CSR is not merely a legal obligationโit is a moral compass guiding the organizationโs long-term vision. Its CSR policy explicitly commits to โcreating value for society through sustainability, education, and compassion.โ
In FY 2025, the company reaffirmed this vision through programs that touched both people and the planet. Whether it was educating children, conserving resources, or caring for animals, every initiative underscored one message: progress means nothing unless it uplifts everyone.
As Canarys continues to expand its global operations, its CSR legacy remains firmly rooted in Indiaโs development landscapeโserving as a reminder that automation, at its best, is human-centered.
You Learn
The Rs 20 lakh CSR investment in FY 2024-25 by Canarys Automations Limited exemplifies how a technology-driven enterprise can balance business ambition with social conscience. By investing in education, environmental sustainability, and animal welfare, the company has extended its impact far beyond its corporate boundaries.
In an age where corporations are increasingly judged not just by their profits but by their purpose, Canarys Automationsโ actions set a high benchmark for Indiaโs emerging mid-sized enterprises. The companyโs consistent approach toward ethical governance, transparent reporting, and socially meaningful initiatives embodies the future of responsible corporate India.
FAQs: Canarys Automations CSR Spending Report FY 2025
1. What was Canarys Automations Limitedโs total CSR obligation for the Financial Year 2024-25, and how was it met?
The total statutory CSR obligation for FY 2024-25 was Rs 20.05 lakhs (Rupees twenty lakh five thousand). The company fulfilled this mandate by spending Rs 20.00 lakhs on CSR projects and later remitting the minor remaining unspent amount of Rs 0.06 lakhs (Rupees six thousand) to the PM CARES Fund on May 22, 2025.
2. What were the key consolidated financial results for Canarys Automations in FY 2024-25?
For the financial year ended March 31, 2025, the company reported a consolidated total income of Rs 90,57.85 lakhs (Rupees ninety crore fifty-seven lakh eighty-five thousand), representing a 19% year-on-year growth. The consolidated Profit After Tax (PAT) for the year stood at Rs 8,28.96 lakhs (Rupees eight crore twenty-eight lakh ninety-six thousand).
3. What major strategic move did Canarys Automations undertake globally in 2025?
A major highlight of FY 2025 was the acquisition of a 51% controlling stake in Fortira Inc., USA. This US-based AI/ML, data, and IT consulting company was valued at USD 5 million (with the acquisition cost for the 51% stake being USD 2.55 million), significantly boosting Canarysโ global presence and enhancing capabilities in AI and cybersecurity.
4. What are the core areas of social focus defined in the companyโs CSR policy?
Canarysโ Corporate Social Responsibility (CSR) Policy aims to demonstrate care for the community by focusing efforts primarily on education, skill development, health, wellness, and environmental sustainability. The expenditures in FY 2024-25 specifically included activities related to Animal Welfare, Education, and Conservation of natural resources and maintaining quality of soil.
5. When is the 34th Annual General Meeting (AGM) scheduled, and how will it be held?
The 34th Annual General Meeting (AGM) of CANARYS AUTOMATIONS LIMITED is scheduled to be held on Tuesday, September 30, 2025, at 04:00 P.M. (IST). In compliance with regulatory circulars, the meeting will be held through Video Conferencing (VC) or Other Audio Visual Means (OAVM), without the physical presence of members at a common venue.
(India CSR)
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