Canarys Automations Wins ₹9.85 Crore GNIDA Order; Shares Gain

Mumbai, July 2: Canarys Automations Ltd. has secured a government contract worth ₹9.85 crore from the Greater Noida Industrial Development Authority (GNIDA) to support the first phase of its comprehensive storm water management programme, according to an exchange filing.

Under the 12-month engagement, the company will provide consulting services and develop digital twin-based solutions for Greater Noida’s storm water infrastructure. The assignment covers preparation of a detailed storm water design and resolution plan using technologies such as LiDAR-based surveys, hydrological and hydraulic modelling, IoT systems and AI-enabled design studies.

The project also includes drone-based terrain mapping, smart telemetry, integrated water-level sensors and the creation of a digital twin model that can simulate flood scenarios and support urban planning decisions. The company said Phase A of the programme must be completed before the project progresses to subsequent phases.

Canarys clarified that the order has been awarded by a domestic government authority, does not involve any related-party transaction, and none of its promoters or promoter group entities have any interest in the awarding authority.

Stock Market Snapshot

The order announcement kept the stock in focus during Thursday’s trading session.

As of 9:55 AM IST on July 2, the Canarys share price was trading at ₹19.40, up 1.31% from the previous close.

Investors often view government technology contracts positively, particularly those involving specialised digital engineering and long-duration execution, as they provide revenue visibility while showcasing domain expertise in emerging infrastructure applications.

Project Strengthens Presence In Climate-Tech Solutions

Beyond the contract value, the company described the project as a strategic milestone for its water resources management and climate-technology business.

According to Canarys, this is its third consecutive engagement in the sector and builds on earlier flood warning and reservoir automation projects. The company believes the assignment validates its flood decision support platform and reinforces its capability to deploy digital twins, AI and advanced analytics for critical public infrastructure.

Management added that the project is expected to enhance Canarys’ positioning with government agencies as urban authorities increasingly adopt technology-driven solutions to address flooding, waterlogging and climate resilience.

Conclusion

The GNIDA order expands Canarys Automations’ portfolio of government technology projects while strengthening its presence in the fast-growing climate-tech and digital infrastructure space. With a ₹9.85 crore contract and a year-long execution timeline, the project offers both revenue visibility and an opportunity to showcase the company’s capabilities in digital twin and smart water management solutions. Investors will monitor execution progress and whether the engagement leads to additional phases or similar public-sector contracts.

Source:

• https://www.nseindia.com/get-quote/equity/CANARYS/Canarys-Automations-Limited
• https://nsearchives.nseindia.com/corporate/CANARYS_01072026093058_IntimationofMajorOrderbyGNIDAFloodRiskdt01072026.pdf