Canarys Automations (NSE:CANARYS) Shares Outstanding (Basic Average): 57 Mil (As of Sep. 2025)


NSE:CANARYS Canarys Automations Ltd NSE:CANARYS
20 GF Score
Price ₹20.90
! 1 Warning Sign
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What is Canarys Automations Shares Outstanding (Basic Average)?

Canarys Automations NSE:CANARYS -3.69% 20 Shares Outstanding (Basic Average) is 57 Mil as of Sep. 2025. GuruFocus rates NSE:CANARYS with a GF Score™ of 20/100. The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Canarys Automations's average basic shares outstanding for the quarter that ended in Sep. 2025 was 57 Mil.

Canarys Automations  (NSE:CANARYS) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Canarys Automations Shares Outstanding (Basic Average) Related Terms

Canarys Automations Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Canarys Automations's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Canarys Automations Shares Outstanding (Basic Average) Chart

Canarys Automations Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Shares Outstanding (Basic Average)
56.18 56.18 56.18 43.81 57.20

Canarys Automations Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25
Shares Outstanding (Basic Average) Get a 7-Day Free Trial 56.18 43.81 0.00 57.20 57.06
NSE:CANARYS
20GF Score
Canarys Automations Ltd NSE:CANARYS
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Canarys Automations Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 57 Mil mean?
Canarys Automations (NSE:CANARYS) has a Shares Outstanding (Basic Average) of 57 Mil as of Sep. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Canarys Automations and its competitors.
Is Canarys Automations' Shares Outstanding (Basic Average) too high?
Canarys Automations' current Shares Outstanding (Basic Average) is 57 Mil. Overall, Canarys Automations has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Canarys Automations' Shares Outstanding (Basic Average) compare to IBM and ACN?
Canarys Automations' Shares Outstanding (Basic Average) of 57 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Software company?
A good Shares Outstanding (Basic Average) depends on the Software industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Canarys Automations and its competitors. Canarys Automations's current Shares Outstanding (Basic Average) is 57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canarys Automations stock overvalued right now?
Canarys Automations (NSE:CANARYS) has a current Shares Outstanding (Basic Average) of 57 Mil. The current Shares Outstanding (Basic Average) is 57 Mil. Canarys Automations' overall GF Score™ is 20/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Canarys Automations (NSE:CANARYS), the current Shares Outstanding (Basic Average) is 57 Mil as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Canarys Automations Business Description

Address 30th Main, Attimabbe Road, No. 566 & 567, 2nd Floor, Banagirinagara, Banashankari 3rd Stage, Bengaluru, KA, IND, 560085
Canarys Automations Ltd is an IT solutions provider specializing in enabling digital transformation for businesses through its software solutions in the areas of Digitalization, Modernization, Automation, and Intelligence. The company's solutions include Digital Transformation, Digital DevOps, Digital Assurance, Telemetry, Water Resources Management, and Cloud IT, and are delivered across industry sectors such as BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, and Insurance. it operates through two segments, Technology Solutions and Water Resource Management Solutions, with the majority of its revenue generated from the Technology Solutions segment. The company's revenue is generated from India sales, which contribute the maximum revenue, and international sales.
20GF Score

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