NSE: SONATSOFTW | BSE: 532221

Strong Performer, Under Radar

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350.55 -7.25 (-2.03%)

48.98% Fall from 52W High

673.0K NSE+BSE Volume

NSE 29 Sep, 2025 1:12 PM (IST)

9,830.3

Market Cap

High in industry

1.5

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.

Sonata Software Ltd.

01 Jun 2017

350.55

-2.03%

Sonata Software (4QFY17): IP and platform-led growth. Maintain BUY

Buy: Sonata Software Ltd.

Target

HDFC Securities

Sonata delivered decent 4Q numbers. International IT services (IITS) revenue stood at USD 30.7mn ( 1.3% QoQ), in-line with our estimate of USD 31.0mn. Total revenue was Rs 7.08bn, up 15.6% QoQ, led by strong DPS revenue (Rs 5.11bn, up 23.1% QoQ).

Sonata Software Ltd. has lost -11.05% in the last 1 Week

Sonata Software Ltd.

01 Jun 2017

350.55

-2.03%

Sonata Software - 4QFY17 Result Update

Buy: Sonata Software Ltd.

Reliance Securities

vertical outperformed other verticals in 4QFY17 following revenue decline in 3QFY17. Envisaging platforms as growth drivers, Sonata has made major investments for developing and marketing these platforms. Following several quarters of healthy growth, Retail & CPG vertical recorded...

Sonata Software Ltd. has lost -44.38% in the last 1 Year

Sonata Software Ltd.

17 Feb 2017

350.55

-2.03%

Master Pick- Sonata Software Limited

Buy: Sonata Software Ltd.

Religare

Sonata Software Ltd is an IT services and Solutions Company and it is involved in the provision of IT services and solutions to its customers, and distribution of software products in India. The company operates in two major business units: international IT services (IITS) and domestic products and services (DPS).

Sonata Software Ltd. has lost -11.05% in the last 1 Week

Sonata Software Ltd.

13 Feb 2017

350.55

-2.03%

Sonata Software (Update): Platform-led growth. Maintain BUY

Buy: Sonata Software Ltd.

Target

HDFC Securities

We met Sonata Softwares (SSOFs) CFO Prasanna Oke for a business update and came away enthused about FY18-19 growth prospects. Management is confident of driving growth in the International IT services (IITS) business (36% of revenues, 77% of EBITDA) with diversified IP-led offerings (~40% of IITS revenue) and continued traction in Infra services (IMS).

Number of FII/FPI investors decreased from 177 to 165 in Jun 2025 qtr

Sonata Software Ltd.

07 Feb 2017

350.55

-2.03%

Sonata Software (3QFY17): IP-led Growth. Maintain BUY

Buy: Sonata Software Ltd.

Target

HDFC Securities

Sonata delivered weak 3QFY17 numbers, as its International IT services? (IITS) revenue stood at US$ 30.3mn (-2.9% QoQ), led by weakness in OPD and Travel. Adjusting for a one-off revenue and GBP impact, IITS? growth stood at 3.5% QoQ in line with our estimates of 3.0%. IITS EBITDA margin expanded 150 bps QoQ to 23.2% (a positive surprise) led by a better revenue mix (off-shoring) and a break even in IBIS.

Sonata Software Ltd. has lost -44.38% in the last 1 Year

Sonata Software Ltd.

06 Feb 2017

350.55

-2.03%

Sonata Software - 3QFY17 Result Update

Buy: Sonata Software Ltd.

Reliance Securities

Sonata witnessed pressure on its key verticals in 3QFY17. Continuing to remain volatile, revenue from OPD vertical dipped 6% QoQ, following two successive quarters of 10% QoQ growth. We had noted this risk owing to disruptive impact of SMAC in our initiating report on Sonata in Dec'16. Steep 9.8% sequential revenue decline in Travel (Sonata's key focus area particularly for Rezopia platform, acquired >2 years back) is another area of concern. Sequential growth of 14% in Retail & CPG business, which is now the 2nd-largest vertical, is a key positive. This vertical has accounted for ~80%...

Sonata Software Ltd. has lost -11.05% in the last 1 Week

Sonata Software Ltd.

19 Dec 2016

350.55

-2.03%

Pick of the Week - Sonata Software Ltd

Buy: Sonata Software Ltd.

Target

HDFC Securities

BUY Sonata Software Ltd at CMP Rs. 183 and add on dips to Rs. 166-170 for sequential targets of Rs. 203, 221

Sonata Software Ltd. is trading below all available SMAs

Sonata Software Ltd.

16 Dec 2016

350.55

-2.03%

Master Pick- Sonata Software

Buy: Sonata Software Ltd.

Religare

SSL's capability in IP led offerings and digital has / should enable the company to maintain its growth momentum. Its prospects look bright, given its IP-focused business model, focus on scalable Microsoft Dynamics AX platform, sound balance sheet, healthy return ratios and attractive dividend yield.

Sonata Software Ltd. is trading below all available SMAs

Sonata Software Ltd.

04 Nov 2016

350.55

-2.03%

Sonata Software (2QFY17): Core business revival. Maintain BUY

Buy: Sonata Software Ltd.

HDFC Securities

Sonata delivered robust 2Q, international IT services (IITS) revenue growth came above our estimate boosted by sustained revival in core business. IITS revenue stood at US$ 31.2mn 6.8% QoQ led by second consecutive quarter of strong growth in OPD ( 10.8% QoQ). DPS declined 35.1% QoQ due to absence of large one-time license sale last quarter.

Sonata Software Ltd. has lost -44.38% in the last 1 Year

Is Sonata Software Ltd. worth buying?

411 Votes:

Buy 81.27%

Sell 7.79%

Hold 10.95%

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