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15 Jul 2025 |
Sonata Software
|
Consensus Share Price Target
|
432.90 |
449.33 |
- |
3.80 |
buy
|
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26 Jul 2022
|
Sonata Software
|
Prabhudas Lilladhar
|
432.90
|
704.00
|
701.75
(-38.31%)
|
Target met |
Hold
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04 May 2022
|
Sonata Software
|
ICICI Direct
|
432.90
|
900.00
|
713.00
(-39.28%)
|
Pre-Bonus/ Split |
Buy
|
|
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04 May 2022
|
Sonata Software
|
Hem Securities
|
432.90
|
839.00
|
713.00
(-39.28%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
30 Apr 2022
|
Sonata Software
|
Prabhudas Lilladhar
|
432.90
|
833.00
|
742.35
(-41.69%)
|
Pre-Bonus/ Split |
Accumulate
|
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|
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|
21 Feb 2022
|
Sonata Software
|
Prabhudas Lilladhar
|
432.90
|
1011.00
|
695.15
(-37.73%)
|
Pre-Bonus/ Split |
Buy
|
|
|
all companies in NIFTY IT Index, several mid-cap, small cap IT firms and new age internet players. Management commentary across companies indicate that strong demand environment is expected to continue over medium term and revenue growth is no longer contingent on winning large deals. Pricing environment has also improved. Additionally, companies are doing aggressive fresher hiring resulting in pyramid balancing which will provide considerable margin tailwinds in FY23....
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|
24 Jan 2022
|
Sonata Software
|
Anand Rathi
|
432.90
|
1050.00
|
819.80
(-47.19%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
18 Jan 2022
|
Sonata Software
|
Prabhudas Lilladhar
|
432.90
|
1011.00
|
871.50
(-50.33%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Segmental IITS EBITDA margin at 28%, -70bps QoQ led by wage increases in Q3, and will remain under pressures due to wage hikes in 4Q22 and 1Q23. Sonata reported strong beat in International IT Services (IITS) revenue growth of +8.1% QoQ USD (Ple: 4.9% QoQ USD). Organic growth was strong at 5% QoQ USD, while inorganic business contributed $4.4 mn in revenue. Growth in IITS was driven by digital based competencies like Managed Cloud Services, Microsoft and open source platform based services. Digital revenue...
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22 Oct 2021
|
Sonata Software
|
ICICI Securities Limited
|
432.90
|
965.00
|
799.05
(-45.82%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
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20 Oct 2021
|
Sonata Software
|
Prabhudas Lilladhar
|
432.90
|
994.00
|
799.05
(-45.82%)
|
Target met |
Buy
|
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|
International IT Services (IITS) revenue came at $49.4 mn, +11% QoQ USD, 26.7% YoY USD above our estimate of $48.06 mn, +8% QoQ USD. Organic growth was also robust at 5% QoQ USD. Encore contributed $2.7 mn (2 months' revenue post integration) vs $3mn run-rate per quarter in CY20....
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07 Aug 2021
|
Sonata Software
|
Prabhudas Lilladhar
|
432.90
|
927.00
|
854.65
(-49.35%)
|
Target met |
Buy
|
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|
revenue & Sonata continues to gain market share in it & we believe Sonata will grow at Revenue & EPS CAGR of 23% & 35.5% from FY21-23, it trades at 19.5X FY23 earnings with ~4.5% FCF yield which we find attractive. Miss in IITS revenue, +1.6% QoQ USD (Ple: 4%) was due to supply side issues...
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