TickerSutra

NSE: SONATSOFTW · BSE: 532221 · ISIN INE269A01021

Sonata Software Limited stock analysis

Sonata Software Limited ranks #2055 in the TickerSutra evidence-ranked universe with a score of 49/100 and 95% data confidence. The latest captured fundamentals show ROCE of 30.7%, quarterly sales growth of 10.6% and quarterly profit growth of -1.1%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE49/100

Avoid / exit review

#2055 of 5,430 ranked equities
Market capitalisation₹7,738.21cr
ROCE30.7%
Quarterly sales growth10.6%
Quarterly profit growth-1.1%
P/E ratio15.3×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • ROCE is 30.7%
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • No calculated threshold risk in the current snapshot.

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹5,553cr₹464cr₹376cr8.0%
2023₹7,449cr₹604cr₹452cr8.0%
2024₹8,613cr₹728cr₹308cr8.0%
2025₹10,157cr₹690cr₹425cr7.0%
2026₹10,701cr₹743cr₹464cr7.0%
TTM₹11,015cr₹752cr₹463cr7.0%
Debt / equity0.38×
CFO / EBITDA0.72×
Operating margin7.0%
Free cash flow₹425cr
Sales CAGR · 3Y12.8%
Profit CAGR · 3Y0.9%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts0 routine filings
No current exchange announcement is mapped to this research snapshot.

MANAGEMENT COMMENTARY

Signals from filed documents

Pricing pressureHigh severity · 1 mention
Risk easing

The transformation includes: • Deployment of Subscription Management capabilities • Implementation of Project Operations functionality • Modernization of fi nancial and operational workfl ows • Enterprise platform transformation using Microsoft Dynamics 365 Sonata secured the engagement through its deep Dynamics 365 expertise, impactful architecture demonstrations, and strong delivery references. A partnership-based

Management confidenceHigh severity · 4 mentions
Constructive

This is the third quarter we are reporting positive cash balance. To conclude, we are confident about our new AI portfolio strategy of engineering the A I enterprises, pivoted along with the three dimensions and six value pools. Based on the pipeline movement and the especially improved A I-led pipeline, we remain optimistic and expect gradual improvement in revenue and EBITDA over the medium-to-long term.

Regulatory updatesModerate severity · 24 mentions
Watch

By automating repeatable and manual tasks, the program frees capacity across teams, enabling employees to focus on higher-value, strategic, and customer-impacting activities while building strong digital and analytical capabilities. Key Outcomes and Benefi ts • Improved operational effi ciency, productivity, and cost eff ectiveness • Faster cycle times, improved quality, and enhanced compliance • Greater transparency

Customer concentrationModerate severity · 2 mentions
Risk easing

Jagannathan CN: We have not disclosed that, Ashis h. Probably we will consider how to disclose the top 10 because many people know our top five customers at least. From this, people can know about exact revenue of a customer t hat is a risk we carry in this.

Regulatory approvalLow severity · 6 mentions
Watch

Details o f non-compliance by the Company, penalties and strictures imposed on the Company by Stock Exchange(s) or SEBI or any statutory authority, on any matter related to capital markets, during the last three financial y ears. Vigil Mechanism The Comp any has established and put in place a Vigil Mechanism which has been approved by the Board at its meeting held on 26th May, 2014 and subsequently revised by the Boa

Institutional interestLow severity · 1 mention
Watch

ME ANS OF COMM u NICATION Quar terly results / other information • The quar terly/yearly results are generally published in Business Standard (all India edition) and in Navshakti (Mumbai edition) newspaper. • The quar terly financial results, press releases, shareholding pattern and presentations made to analysts/ institutional investors are also made available on Company’s website Quarterly Results • Pr esentations

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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