NSE: SONATSOFTW | BSE: 532221

Strong Performer, Under Radar

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239.70 -8.30 (-3.35%)

High vol. this week

NSE 19 Oct, 2026 3:31 PM (IST)

6,721.8

Market Cap

High in industry

Beta 1Year

Very High Volatility

Sonata Software Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SONATSOFTW, BSE:532221 Sonata Software Ltd.

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Sonata Software Ltd.

10 Aug 2026

239.70

-3.35%

From IT Services to an AI-Led Platform

Buy: Sonata Software Ltd.

Target

Deven Choksey

Management guided for positive EBITDA traction every quarter through FY27, with large deal ramp-up completing in Q2. Top-5 account stabilisation is expected within one to two quarters.

Sonata Software Ltd. has an average target of 323.67 from 3 brokers.

Sonata Software Ltd.

06 Aug 2026

239.70

-3.35%

Sonata Software Ltd – Q1FY27 Preview

Buy: Sonata Software Ltd.

Recommendation Target

Deven Choksey

We expect Sonata Software to deliver an in-line Q1 FY27, with International IT Services (IITS) providing the primary growth anchor while the Domestic segment moderates sequentially from Q4 FY26’s elevated base.

Sonata Software Ltd. has an average target of 323.67 from 3 brokers.

Sonata Software Ltd.

13 May 2026

239.70

-3.35%

Sonata Software

Hold: Sonata Software Ltd.

Target

ICICI Direct

Mixed bag quarter; AI-led pipeline remains strong About the stock: Sonata Software (Sonata) provides IT services and product licensing services to its clients in BFSI, HLS (Healthcare & Lifesciences), R&M (Retail...

Sonata Software Ltd. is trading below all available SMAs

Sonata Software Ltd.

12 May 2026

239.70

-3.35%

Sonata Software: Q4FY26 Result Review

Hold: Sonata Software Ltd.

Recommendation Target

IDBI Capital

Sonata Software delivered a resilient FY26 despite a challenging macro backdrop, with consolidated PAT growing 9.3% YoY to INR 464.4cr and international business PAT to INR 292.7cr, up 18.7% YoY. International dollar revenue grew modestly at 2.1% YoY to USD 328.4mn, while EBITDA margins in Q4 improved by 70bps QoQ to 20.2%, driven by better utilization (91.8%), offshore mix improvement, and AI-led operational efficiency. AI-led order book reached USD 49mn for FY26, now contributing ~18% of total bookings, with pipeline at USD 280mn across 100+ clients. The company announced a...

Sonata Software Ltd. has an average target of 323.67 from 3 brokers.

Sonata Software Ltd.

12 May 2026

239.70

-3.35%

Sonata Software Navigates Headwinds with Strategic Core Resilience and AI Focus

Accumulate: Sonata Software Ltd.

Target

Deven Choksey

Sonata's outlook is anchored on management's guided "gradual improvement in growth over the medium term." Domestic business should return to growth within FY27 and BFSI is largely stabilised, though minor further client-level contraction is possible.

Sonata Software has lost -34.67% in the last 1 Year

Sonata Software Ltd.

09 Feb 2026

239.70

-3.35%

Sonata Software

Hold: Sonata Software Ltd.

Recommendation Target

ICICI Direct

Q3FY26 Performance: International IT services (IITS) revenue came at US$ 82.3 mn, up 0.3% QoQ/ down 6.8% YoY in CC terms. IITS EBITDA margin at 19.5%, up ~220 bps QoQ. Consol revenue came at US$345.8 mn, up 42% QoQ while in rupee terms it stood at 3,080.6 crores, up 45.4% QoQ and 8.4% YoY with EBITDA margin...

Sonata Software Ltd. average weekly volume is high.

Sonata Software Ltd.

09 Feb 2026

239.70

-3.35%

Sonata Software: Q3FY26 Result Review

Buy: Sonata Software Ltd.

Recommendation Target

IDBI Capital

Sonata Software delivered a resilient Q3 FY26 performance despite headwinds from a few large clients. Revenue grew marginally QoQ, but profitability improved sharply, with EBITDA rising to ~19.5%, driven by higher utilization, offshore mix improvement, AI-led productivity, and cost optimization, even after absorbing wage hikes and higher cloud costs. The company's strategy as a modernization engineering firm powered by platforms and AI is gaining traction, with AI-led deals now contributing 14% of the order book and cloud/data forming ~50% of the pipeline. Large deal momentum remains strong, with two...

Sonata Software Ltd. has an average target of 323.67 from 3 brokers.

Sonata Software Ltd.

21 Nov 2025

239.70

-3.35%

A steady quarter with mild growth and stable margins.

Accumulate: Sonata Software Ltd.

Deven Choksey

Growth is expected to recover gradually as the impact of large-account headwinds tapers off and ramp-ups from recent wins begin to contribute more meaningfully.

Number of MF schemes decreased from 22 to 16 in Sep 2026 qtr

Sonata Software Ltd.

14 Nov 2025

239.70

-3.35%

Sonata Software: Q2FY26 Result Review

Hold: Sonata Software Ltd.

Target

IDBI Capital

Sonata Software demonstrated a resilience performance with reported consolidated revenue at INR 2,119cr, reflecting a 2.3% YoY decline but stable order book growth with a book-to-bill ratio of 1.28x. International services revenue grew 3.2% YoY to USD 82mn, driven by strong demand in Healthcare, BFSI, and TMT verticals. EBITDA margin expanded by 70 bps QoQ to 17.3%, supported by higher utilization (87.3%), planned large-deal offshoring, and AI-led productivity improvements, partially offsetting salary inflation impact. Sonata secured one large multi-year healthcare deal and several mid-sized...

Sonata Software Ltd. average weekly volume is high.

Sonata Software Ltd.

14 Nov 2025

239.70

-3.35%

Sonata Software

Buy: Sonata Software Ltd.

Target

ICICI Direct

Q2FY26 Performance: International IT services (IITS) revenue came at US$ 82 mn, up 1% QoQ/ down 2.9% YoY in CC terms. IITS EBITDA margin at 17.3%, up ~70 bps QoQ. Consol revenue came at US$ 242.8 mn, down 30% QoQ while in rupee terms it stood at 2,119.3 crores, a decline of 28.5% QoQ and 2.3% YoY with EBITDA...

Sonata Software Ltd. average weekly volume is high.

Is Sonata Software Ltd. worth buying?

434 Votes:

Buy 81.34%

Sell 7.37%

Hold 11.29%

RESEARCH REPORTS

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