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Earnings Call

Sonata Software Earnings Call: Key Takeaways

Sonata Software reported Q4 FY26 consolidated revenue of ₹2,536.2 Cr, with full-year PAT growth of 9.3%. Strategy focuses on AI-led modernization and international expansion under new CEO Rajsekhar Datta Roy.

Why this was an Alfa AlertNot a filter event. Results were resilient but did not show a material beat (>=5%) over prior guidance.
Highlights
Revenue growthFY26 consolidated revenue grew 5.4% YoY to ₹10,701.2 Cr.
MarginsInternational EBITDA improved to 20.2% in Q4; guiding for stability.
Order bookQ4 order book at $95M; AI-led order book $16.9M.
Demand visibilityCautiously optimistic; elongated cycles but strong AI-led pipeline.
Management confidenceHigh confidence in AI leadership transition and pipeline conversion.

Growth

International services FY26 USD revenue fell 2.1% YoY; however, Rupee revenue grew 4.2%. Consolidated FY26 PAT grew 9.3% YoY.

Outlook

Targeting growth through 'Harmoni.AI' strategy. AI-led pipeline at $280M. Management expects gradual improvement and stable EBITDA margins.

Risks

Macroeconomic challenges, elongated client decision cycles, and recent large client ramp-downs in the domestic and BFSI segments.

Source

Earnings Call filed with NSE, NSE: SONATSOFTW. Summary written with AI assistance from the document.

Read the document ↗

Sonata Software Ltd: key numbers

Share price
₹279.90
Market cap
₹7,849 Cr
Revenue (annual)
₹10,701 Cr
Net profit (annual)
₹464.4 Cr
P/E (TTM)
16.9×Sector 22.1×
Promoter holding
28.17%+0.00% QoQ
FII holding
9.17%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Partnership

Sonata Software Partnership

Sonata Software's subsidiary, Sonata Information Technology Limited, has signed a five-year strategic collaboration agreement with AWS to accelerate cloud modernization across India.

Execution
5 years