Sonata Software（532221）株式概要Sonata Software Limited はその子会社とともに、米国、ヨーロッパ、中東、アジア、インド、オーストラリアで情報技術サービスとソリューションを提供している。 詳細532221 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長2/6過去の実績5/6財務の健全性5/6配当金5/6報酬株価収益率（ 15.9 x） Indian市場（ 23.2 x）を下回っています。収益は年間14.35%増加すると予測されています 過去5年間の収益は年間5.6%増加しました。 同業他社や業界と比較して、良好な取引価格 アナリストらは、株価が28.1%上昇するだろうとほぼ一致している。 リスク分析不安定な配当実績 すべてのリスクチェックを見る532221 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₹Current Price₹266.1528.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0169b2016201920222025202620282031Revenue ₹169.3bEarnings ₹7.3bAdvancedSet Fair ValueView all narrativesSonata Software Limited 競合他社Happiest Minds TechnologiesSymbol: NSEI:HAPPSTMNDSMarket cap: ₹54.2bCyientSymbol: BSE:532175Market cap: ₹96.0bMastekSymbol: NSEI:MASTEKMarket cap: ₹46.5bZensar TechnologiesSymbol: BSE:504067Market cap: ₹111.1b価格と性能株価の高値、安値、推移の概要Sonata Software過去の株価現在の株価₹266.1552週高値₹453.0552週安値₹208.50ベータ0.441ヶ月の変化-5.12%3ヶ月変化-2.74%1年変化-33.12%3年間の変化-42.33%5年間の変化21.55%IPOからの変化467.79%最新ニュースReported Earnings • May 08Full year 2026 earnings: Revenues and EPS in line with analyst expectationsFull year 2026 results: EPS: ₹16.74 (up from ₹15.30 in FY 2025). Revenue: ₹108.1b (up 6.4% from FY 2025). Net income: ₹4.64b (up 9.4% from FY 2025). Profit margin: 4.3% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • May 06Now 21% overvaluedOver the last 90 days, the stock has fallen 13% to ₹270. The fair value is estimated to be ₹222, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.お知らせ • May 02Sonata Software Limited to Report Q4, 2026 Results on May 07, 2026Sonata Software Limited announced that they will report Q4, 2026 results on May 07, 2026Buy Or Sell Opportunity • Apr 15Now 23% overvaluedOver the last 90 days, the stock has fallen 27% to ₹254. The fair value is estimated to be ₹206, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.Price Target Changed • Mar 20Price target decreased by 7.8% to ₹345Down from ₹374, the current price target is an average from 7 analysts. New target price is 46% above last closing price of ₹237. Stock is down 37% over the past year. The company is forecast to post earnings per share of ₹16.70 for next year compared to ₹15.30 last year.Buy Or Sell Opportunity • Mar 18Now 21% overvaluedOver the last 90 days, the stock has fallen 29% to ₹241. The fair value is estimated to be ₹199, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.最新情報をもっと見るRecent updatesReported Earnings • May 08Full year 2026 earnings: Revenues and EPS in line with analyst expectationsFull year 2026 results: EPS: ₹16.74 (up from ₹15.30 in FY 2025). Revenue: ₹108.1b (up 6.4% from FY 2025). Net income: ₹4.64b (up 9.4% from FY 2025). Profit margin: 4.3% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • May 06Now 21% overvaluedOver the last 90 days, the stock has fallen 13% to ₹270. The fair value is estimated to be ₹222, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.お知らせ • May 02Sonata Software Limited to Report Q4, 2026 Results on May 07, 2026Sonata Software Limited announced that they will report Q4, 2026 results on May 07, 2026Buy Or Sell Opportunity • Apr 15Now 23% overvaluedOver the last 90 days, the stock has fallen 27% to ₹254. The fair value is estimated to be ₹206, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.Price Target Changed • Mar 20Price target decreased by 7.8% to ₹345Down from ₹374, the current price target is an average from 7 analysts. New target price is 46% above last closing price of ₹237. Stock is down 37% over the past year. The company is forecast to post earnings per share of ₹16.70 for next year compared to ₹15.30 last year.Buy Or Sell Opportunity • Mar 18Now 21% overvaluedOver the last 90 days, the stock has fallen 29% to ₹241. The fair value is estimated to be ₹199, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.Price Target Changed • Feb 09Price target decreased by 8.4% to ₹385Down from ₹421, the current price target is an average from 7 analysts. New target price is 22% above last closing price of ₹315. Stock is down 33% over the past year. The company is forecast to post earnings per share of ₹16.67 for next year compared to ₹15.30 last year.Reported Earnings • Feb 07Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2026 results: EPS: ₹3.76 (down from ₹3.78 in 3Q 2025). Revenue: ₹30.9b (up 8.8% from 3Q 2025). Net income: ₹1.04b (flat on 3Q 2025). Profit margin: 3.4% (down from 3.7% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year.お知らせ • Jan 29Sonata Software Limited to Report Q3, 2026 Results on Feb 06, 2026Sonata Software Limited announced that they will report Q3, 2026 results on Feb 06, 2026Price Target Changed • Nov 17Price target decreased by 7.9% to ₹400Down from ₹434, the current price target is an average from 7 analysts. New target price is 7.9% above last closing price of ₹371. Stock is down 33% over the past year. The company is forecast to post earnings per share of ₹16.60 for next year compared to ₹15.30 last year.Reported Earnings • Nov 15Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: ₹4.33 (up from ₹3.84 in 2Q 2025). Revenue: ₹21.5b (flat on 2Q 2025). Net income: ₹1.20b (up 13% from 2Q 2025). Profit margin: 5.6% (up from 4.9% in 2Q 2025). Revenue exceeded analyst estimates by 30%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.お知らせ • Nov 07Sonata Software Limited to Report Q2, 2026 Results on Nov 13, 2025Sonata Software Limited announced that they will report Q2, 2026 results at 12:08 PM, Indian Standard Time on Nov 13, 2025Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹347, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 25x in the IT industry in India. Total returns to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹267 per share.お知らせ • Jul 30Sonata Software Limited Declares Interim Dividend for the Financial Year 2025-26, Payable on or After 20th August, 2025Sonata Software Limited declared an Interim Dividend of INR 1.25/- per Equity share (125% on par value of INR 1/-) for the financial year 2025-26. The Record date for the purpose of payment of the Interim Dividend will be 8th August, 2025. The Interim Dividend will be paid to the registered shareholders on or after 20 th August, 2025 through Electronic mode or by dividend warrants, as applicable.お知らせ • Jul 23Sonata Software Limited to Report Q1, 2026 Results on Jul 30, 2025Sonata Software Limited announced that they will report Q1, 2026 results on Jul 30, 2025Price Target Changed • Jul 10Price target decreased by 7.0% to ₹449Down from ₹483, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of ₹431. Stock is down 31% over the past year. The company is forecast to post earnings per share of ₹18.58 for next year compared to ₹15.30 last year.Reported Earnings • Jul 09Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: ₹15.30 (up from ₹11.12 in FY 2024). Revenue: ₹101.6b (up 18% from FY 2024). Net income: ₹4.25b (up 38% from FY 2024). Profit margin: 4.2% (up from 3.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.お知らせ • Jul 06Sonata Software Limited, Annual General Meeting, Jul 31, 2025Sonata Software Limited, Annual General Meeting, Jul 31, 2025, at 16:00 Indian Standard Time.Declared Dividend • Jul 06Dividend of ₹4.40 announcedShareholders will receive a dividend of ₹4.40. Ex-date: 23rd July 2025 Payment date: 30th August 2025 Dividend yield will be 1.1%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jul 06Sonata Software Limited announces Annual dividend, payable on August 30, 2025Sonata Software Limited announced Annual dividend of INR 4.4000 per share payable on August 30, 2025, ex-date on July 23, 2025 and record date on July 23, 2025.お知らせ • May 20Sonata Software Launches AgentBridge - A Managed Services Offering for Agentic WorkflowsSonata Software announced the launch of AgentBridge, a breakthrough platform designed to accelerate AI-powered enterprise transformation. AgentBridge empowers organizations to centrally design, deploy, and govern intelligent AI agents across business functions--enabling secure, scalable, and efficient enterprise automation. Enterprises grapple with fragmented AI initiatives, siloed tools, and disconnected systems--leading to efficiencies and limited ROI. AgentBridge addresses these challenges through a unified multi-agent orchestration platform that enables creation, deployment, and lifecycle management of AI-powered workflows from a centralized, enterprise-grade marketplace. With built-in role-based access controls, LLM guardrails, and audit-ready logging, AgentBridge ensures robust security, compliance, and governance. Its modular, no-code interface empowers business and IT teams alike to build and scale AI agents with speed and confidence. Platform Highlights: Agent Marketplace: Discover, publish, and manage reusable AI agents through a functionally organized, compliance-aware catalog--with built-in analytics and monetization capabilities. Agent Builder: Visual, drag-and-drop designer featuring industry-specific blueprints, real-time debugging, and one-click marketplace publishing. Core Agent Logic: Configurable workflows supporting MCP, Agent-to-Agent (A2A) interactions, and full execution traceability. Integrations & Orchestrators: Seamless connectivity with leading Cloud providers, ERP systems, and enterprise databases. Observability & ROI Dashboards: Real-time telemetry, drift analytics, and embedded compliance tools for Responsible AI assurance. Cloud & Model Support: Secure access to hosted and private models across multi-cloud environments. With AgentBridge, Sonata continues to advance its vision of Responsible AI at Scale, delivering practical, high-impact innovation that helps enterprises become truly AI-native. This is the latest innovation from Sonata's Harmoni.ai - its responsible-first AI suite of solutions - to catalyze next step in AI-powered enterprise evolution.Price Target Changed • May 12Price target decreased by 15% to ₹523Down from ₹616, the current price target is an average from 7 analysts. New target price is 32% above last closing price of ₹397. Stock is down 21% over the past year. The company is forecast to post earnings per share of ₹18.76 for next year compared to ₹15.30 last year.Reported Earnings • May 10Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: ₹15.30 (up from ₹11.12 in FY 2024). Revenue: ₹102.3b (up 19% from FY 2024). Net income: ₹4.25b (up 38% from FY 2024). Profit margin: 4.2% (up from 3.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • May 01Sonata Software Limited to Report Q4, 2025 Results on May 07, 2025Sonata Software Limited announced that they will report Q4, 2025 results on May 07, 2025New Risk • Apr 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.7% average weekly change).Buy Or Sell Opportunity • Apr 29Now 22% overvaluedOver the last 90 days, the stock has fallen 29% to ₹376. The fair value is estimated to be ₹308, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 6.1%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.Buy Or Sell Opportunity • Mar 03Now 22% overvaluedOver the last 90 days, the stock has fallen 43% to ₹370. The fair value is estimated to be ₹304, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 6.1%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 23% per annum over the same time period.Valuation Update With 7 Day Price Move • Feb 13Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to ₹429, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 27x in the IT industry in India. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹283 per share.Price Target Changed • Feb 08Price target decreased by 7.6% to ₹661Down from ₹715, the current price target is an average from 8 analysts. New target price is 35% above last closing price of ₹490. Stock is down 39% over the past year. The company is forecast to post earnings per share of ₹15.23 for next year compared to ₹11.12 last year.Reported Earnings • Feb 07Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: ₹3.78 (up from ₹1.66 loss in 3Q 2024). Revenue: ₹28.4b (up 14% from 3Q 2024). Net income: ₹1.05b (up ₹1.51b from 3Q 2024). Profit margin: 3.7% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.お知らせ • Jan 31Sonata Software Limited to Report Q3, 2025 Results on Feb 06, 2025Sonata Software Limited announced that they will report Q3, 2025 results on Feb 06, 2025お知らせ • Dec 18Sonata Software Launches Harmoni.Ai-Powered Test Acceleration Platform, IntellqaSonata Software has launched IntellQA, a Harmoni.AI powered cutting-edge Testing automation and acceleration platform designed to transform software delivery for global enterprises. Modern Quality Assurance presents significant opportunity as enterprises grapple with challenges such as limited automation expertise, fragmented tools, escalating framework development costs, and constant script maintenance due to frequent application updates. Achieving comprehensive test coverage for intricate workflows also poses significant hurdles. Sonata's IntellQA equips enterprises to overcome these challenges, seamlessly embrace Agile and DevOps practices, and deliver high-quality software faster. By harnessing advanced Artificial Intelligence and Machine Learning capabilities, the platform integrates effortlessly with enterprise-grade tools like Jira, Azure DevOps, Xray, and CI/CD (Continuous Improvement/Continuous Development) pipelines. Key features of IntellQA include: Enhanced Product Quality: Scalable and customizable frameworks tailored to business needs. Cost Optimization: Streamlined workflows and reduced manual intervention for long-term savings. Responsible AI Framework: Ethical, efficient testing practices to address evolving regulatory and operational demands. AI and GenAI are impacting all aspect of the operations including software engineering practices. Sonata's Responsible-first AI solution, strengthened by partnerships with leading hyper-scalers and deep cross-industry expertise, is empowering organizations to unlock value of AI and GenAI across their entire enterprise.Recent Insider Transactions • Nov 30Executive Vice Chairman recently sold ₹18m worth of stockOn the 27th of November, Palem Reddy sold around 30k shares on-market at roughly ₹597 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹33m. Palem has been a net seller over the last 12 months, reducing personal holdings by ₹76m.Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹635, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 30x in the IT industry in India. Total returns to shareholders of 112% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹371 per share.Reported Earnings • Nov 07Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₹21.9b (up 14% from 2Q 2024). Net income: ₹1.06b (down 14% from 2Q 2024). Profit margin: 4.9% (down from 6.5% in 2Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.お知らせ • Oct 31Sonata Software Limited to Report Q2, 2025 Results on Nov 06, 2024Sonata Software Limited announced that they will report Q2, 2025 results on Nov 06, 2024Recent Insider Transactions • Sep 04Executive Vice Chairman recently sold ₹27m worth of stockOn the 30th of August, Palem Reddy sold around 40k shares on-market at roughly ₹665 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Palem has been a net seller over the last 12 months, reducing personal holdings by ₹119m.お知らせ • Aug 13Sonata Software Limited Announces Cessation of Radhika Rajan as Independent DirectorSonata Software Limited announced that consequent to the completion of the second term, Ms. Radhika Rajan ceased to be an Independent Director of the company with effect from the close of business hours of 12 August, 2024. Ms. Radhika Rajan was appointed as Independent Director for a second term of five consecutive years commencing from 13 August, 2019 to 12 August, 2024 at the 24th Annual General Meeting of the Company held on 7th August, 2019.Price Target Changed • Aug 09Price target increased by 7.9% to ₹717Up from ₹664, the current price target is an average from 6 analysts. New target price is 19% above last closing price of ₹602. Stock is up 16% over the past year. The company is forecast to post earnings per share of ₹18.60 for next year compared to ₹11.12 last year.お知らせ • Jul 25Sonata Software Limited to Report Q1, 2025 Results on Jul 31, 2024Sonata Software Limited announced that they will report Q1, 2025 results on Jul 31, 2024Reported Earnings • Jul 16Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₹11.12 (down from ₹16.29 in FY 2023). Revenue: ₹86.1b (up 16% from FY 2023). Net income: ₹3.09b (down 32% from FY 2023). Profit margin: 3.6% (down from 6.1% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 27%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 15Sonata Software Limited, Annual General Meeting, Aug 06, 2024Sonata Software Limited, Annual General Meeting, Aug 06, 2024, at 14:30 Indian Standard Time.Declared Dividend • Jul 15Final dividend of ₹4.40 announcedShareholders will receive a dividend of ₹4.40. Ex-date: 26th July 2024 Payment date: 5th September 2024 Dividend yield will be 1.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 107% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Jul 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin). Significant insider selling over the past 3 months (₹32m sold).Board Change • Jun 20Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Non-Executive Independent Director Sanjay Asher was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Jun 10Insider recently bought ₹1.0m worth of stockOn the 4th of June, Mohan Muthuraj bought around 2k shares on-market at roughly ₹504 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₹2.5m. Despite this recent purchase, insiders have collectively sold ₹116m more in shares than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹586, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 27x in the IT industry in India. Total returns to shareholders of 132% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹355 per share.Recent Insider Transactions • May 25Insider recently bought ₹1.1m worth of stockOn the 21st of May, Mohan Muthuraj bought around 2k shares on-market at roughly ₹517 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹88m more in shares than they bought in the last 12 months.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₹509, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 25x in the IT industry in India. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹353 per share.Price Target Changed • May 14Price target decreased by 11% to ₹776Down from ₹873, the current price target is an average from 5 analysts. New target price is 52% above last closing price of ₹509. Stock is up 6.8% over the past year. The company is forecast to post earnings per share of ₹20.17 for next year compared to ₹11.12 last year.Reported Earnings • May 08Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₹11.12 (down from ₹16.29 in FY 2023). Revenue: ₹87.4b (up 17% from FY 2023). Net income: ₹3.09b (down 32% from FY 2023). Profit margin: 3.5% (down from 6.1% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 27%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 08Sonata Software Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024Sonata Software Limited recommended a Final Dividend of INR 4.40/- per Equity share (440% on par value INR 1/-) for the financial year ended 31st March, 2024 and the Final Dividend is payable subject to the approval of shareholders at the ensuing Annual General Meeting (AGM). The dividend, subject to the approval of shareholders, will be dispatched /credited within 30 days from the date of ensuing AGM.お知らせ • Apr 30Sonata Software Limited to Report Q4, 2024 Results on May 07, 2024Sonata Software Limited announced that they will report Q4, 2024 results on May 07, 2024New Risk • Mar 24New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹25m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.7% net profit margin). Significant insider selling over the past 3 months (₹25m sold).Recent Insider Transactions • Mar 23Chief Technology Officer recently sold ₹9.2m worth of stockOn the 18th of March, Rajsekhar Roy sold around 13k shares on-market at roughly ₹734 per share. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹105m more than they bought in the last 12 months.Recent Insider Transactions • Feb 18Insider recently sold ₹4.8m worth of stockOn the 9th of February, Sujit Mohanty sold around 6k shares on-market at roughly ₹799 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹93m more than they bought in the last 12 months.New Risk • Feb 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.7% net profit margin). Significant insider selling over the past 3 months (₹61m sold).Reported Earnings • Feb 02Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: ₹1.66 loss per share (down from ₹4.24 profit in 3Q 2023). Revenue: ₹25.1b (up 11% from 3Q 2023). Net loss: ₹461.6m (down 139% from profit in 3Q 2023). Revenue missed analyst estimates by 9.1%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 24Sonata Software Limited to Report Q3, 2024 Results on Feb 01, 2024Sonata Software Limited announced that they will report Q3, 2024 results on Feb 01, 2024Price Target Changed • Dec 14Price target increased by 17% to ₹722Up from ₹615, the current price target is an average from 4 analysts. New target price is 7.1% below last closing price of ₹777. Stock is up 187% over the past year. The company is forecast to post earnings per share of ₹19.08 for next year compared to ₹16.29 last year.Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹1,463, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 26x in the IT industry in India. Total returns to shareholders of 506% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹773 per share.Price Target Changed • Nov 24Price target increased by 8.7% to ₹1,314Up from ₹1,209, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ₹1,294. Stock is up 134% over the past year. The company is forecast to post earnings per share of ₹39.09 for next year compared to ₹32.58 last year.Recent Insider Transactions • Nov 07Executive Vice Chairman recently sold ₹61m worth of stockOn the 3rd of November, Palem Reddy sold around 50k shares on-market at roughly ₹1,217 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Palem's only on-market trade for the last 12 months.Upcoming Dividend • Oct 31Upcoming dividend of ₹7.00 per share at 1.4% yieldEligible shareholders must have bought the stock before 07 November 2023. Payment date: 24 November 2023. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 1.4%. Within top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (1.8%).お知らせ • Oct 26Sonata Software Limited Approves Interim Dividend for the Financial Year 2023-24, Payable on 7 November, 2023Sonata Software Limited at its board meeting held on 25th October 2023, Declared an Interim Dividend of INR 7 per share (700% on par value of INR 1/-) for the financial year 2023-24. The Record date for the purpose of payment of the Interim Dividend will be on 7th November, 2023. The Interim Dividend will be paid to the registered shareholders on or after Wednesday, 22nd November, 2023 through Electronic mode or by dividend warrants, as applicable.Reported Earnings • Oct 26Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: ₹8.96 (up from ₹8.13 in 2Q 2023). Revenue: ₹19.4b (up 29% from 2Q 2023). Net income: ₹1.24b (up 10% from 2Q 2023). Profit margin: 6.4% (down from 7.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 4.0%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 18Sonata Software Limited to Report Q2, 2024 Results on Oct 25, 2023Sonata Software Limited announced that they will report Q2, 2024 results on Oct 25, 2023Price Target Changed • Oct 11Price target increased by 9.1% to ₹1,163Up from ₹1,066, the current price target is an average from 3 analysts. New target price is 7.6% above last closing price of ₹1,081. Stock is up 110% over the past year. The company is forecast to post earnings per share of ₹41.58 for next year compared to ₹32.58 last year.お知らせ • Sep 08Sonata Software Limited Appoints Sharmila Sherikar as Senior Vice President and Head of Corporate DevelopmentSonata Software Limited has announced the appointment of Sharmila Sherikar as Senior Vice President and Head of Corporate Development. Sharmila joined Sonata Software Limited with more than three decades of industry experience in change management and corporate development programs. She is adept at managing large organizational restructuring programs and brings in-depth knowledge in anchoring and executing transformation initiatives for strategic corporate goals. She possesses extensive familiarity in leading change management during acquisitions & mergers and building capabilities & talent during high growth phase. As an Executive Leadership Team member and in her role, Sharmila will drive Sonata's strategic corporate cross-functional change programs.お知らせ • Aug 01Sonata Software Limited Declares Final Dividend for the Financial Year 2022-23, Payable on or After August 8, 2023Sonata Software Limited at its AGM held on July 31, 2023 declared the final dividend of INR 8.75 per equity share (i.e. 875%) for the financial year 2022-23.The dividend declared at the Meeting will be credited to the members accounts on or after August 8, 2023.お知らせ • Jul 26Sonata Software Limited Announces the Launch of Harmoni.AISonata Software Limited announced the launch of Harmoni.AI, a Responsible-first AI offering with a bouquet of Industry solutions, service delivery platforms, and accelerators using generative artificial intelligence (AI). Generative AI is one of the most recent artificial intelligence developments. The trained AI models generate original, human-like content based on massive training datasets and neural network technology. Sonata's `Responsible by Design' approach ensures uncompromising ethics, trust, privacy, security, and compliance. It will amplify the potential of humans, enterprises, and communities to tap into the next generation of opportunities to create value from unparalleled innovations, connected ecosystems, and pervasive efficiencies. Sonata's Harmoni.AI is a holistic "Responsible by Design" platform for generative AI. A Data Governance and Acceleration engine backs it with a choice of using Industry Leading LLMs and a consulting framework to enable effective adoption and faster time to market. Sonata has built 6 Service delivery platforms, Industry Use cases, and Acceleration BOTs. It is doing pilots with multiple customers, including Fortune 500 clients, particularly in the areas of Healthcare and Life Sciences, Consumer Products & Retail, Telecom, Media & Technology, and Banking and Financial Services. Sonata has established Harmoni.AI Academy, to train engineers on `Responsible-First by Design' approach and around 20% of its Engineers are involved on AI initiatives to enable clients to leverage the potential of generative AI in a trusted, secure, and governed framework.お知らせ • Jul 24Sonata Software Limited to Report Q1, 2024 Results on Jul 29, 2023Sonata Software Limited announced that they will report Q1, 2024 results at 4:00 PM, Indian Standard Time on Jul 29, 2023Upcoming Dividend • Jul 14Upcoming dividend of ₹8.75 per share at 1.5% yieldEligible shareholders must have bought the stock before 21 July 2023. Payment date: 30 August 2023. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 1.5%. Within top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (2.0%).Reported Earnings • Jul 12Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: ₹32.58 (up from ₹27.17 in FY 2022). Revenue: ₹74.5b (up 34% from FY 2022). Net income: ₹4.52b (up 20% from FY 2022). Profit margin: 6.1% (down from 6.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 3.2%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 08Sonata Software Limited, Annual General Meeting, Jul 31, 2023Sonata Software Limited, Annual General Meeting, Jul 31, 2023, at 10:00 Indian Standard Time. Agenda: To consider the Audited Financial Statements of the Company for the Financial Year ended March 31, 2023 together with the Reports of the Directors and Auditors thereon; to consider Declaration of dividend; to consider Appointment of Mr. Viren Raheja as a Director liable to retire by rotation; to consider and approve the amendment to the Employee Stock Option Plan, 2013 of the Company and to authorise the ESOP Trust to purchase or acquire equity shares of the Company; and to consider other business matters.New Risk • Jun 30New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹17m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Dividend is not well covered by cash flows (96% cash payout ratio). Significant insider selling over the past 3 months (₹17m sold).Recent Insider Transactions • May 25Insider recently sold ₹4.9m worth of stockOn the 18th of May, Sujit Mohanty sold around 5k shares on-market at roughly ₹914 per share. This transaction amounted to 4.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹38m more than they bought in the last 12 months.Price Target Changed • May 17Price target increased by 9.8% to ₹829Up from ₹755, the current price target is provided by 1 analyst. New target price is 13% below last closing price of ₹958. Stock is up 91% over the past year. The company posted earnings per share of ₹32.58 last year.Reported Earnings • May 14Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: ₹32.58 (up from ₹27.17 in FY 2022). Revenue: ₹75.2b (up 35% from FY 2022). Net income: ₹4.52b (up 20% from FY 2022). Profit margin: 6.0% (down from 6.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 3.2%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 13Sonata Software Limited Recommends Final Dividend for the Financial Year Ended 31 March, 2023Sonata Software Limited at the board meeting, the board has recommended a Final Dividend of INR 8.75 per Equity share (875% on par value INR 1) for the financial year ended 31 March, 2023 and the Final Dividend is payable subject to the approval of shareholders at the ensuing Annual General Meeting (AGM). The dividend, subject to the approval of shareholders, will be dispatched /credited within 30 days from the date of ensuing AGM.Recent Insider Transactions • Mar 01Insider recently sold ₹1.6m worth of stockOn the 23rd of February, Roja Panchangam sold around 2k shares on-market at roughly ₹721 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹34m more than they bought in the last 12 months.Price Target Changed • Feb 23Price target increased by 8.6% to ₹652Up from ₹601, the current price target is an average from 5 analysts. New target price is 10% below last closing price of ₹728. Stock is up 39% over the past year. The company is forecast to post earnings per share of ₹31.48 for next year compared to ₹27.17 last year.Reported Earnings • Jan 25Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: ₹8.48 (up from ₹7.05 in 3Q 2022). Revenue: ₹22.8b (up 23% from 3Q 2022). Net income: ₹1.18b (up 21% from 3Q 2022). Profit margin: 5.2% (down from 5.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 28Sonata Software Limited to Report Q3, 2023 Results on Jan 24, 2023Sonata Software Limited announced that they will report Q3, 2023 results on Jan 24, 2023Recent Insider Transactions • Nov 27Chief Delivery Officer recently sold ₹16m worth of stockOn the 25th of November, P. V. S. Raju sold around 30k shares on-market at roughly ₹537 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹29m more than they bought in the last 12 months.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Non-Executive Independent Director Sanjay Asher was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Oct 24Upcoming dividend of ₹7.00 per shareEligible shareholders must have bought the stock before 31 October 2022. Payment date: 17 November 2022. Payout ratio is a comfortable 55% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Within top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (1.9%).Reported Earnings • Oct 19Second quarter 2023 earnings released: EPS: ₹8.13 (vs ₹6.58 in 2Q 2022)Second quarter 2023 results: EPS: ₹8.13 (up from ₹6.58 in 2Q 2022). Revenue: ₹15.1b (up 56% from 2Q 2022). Net income: ₹1.13b (up 24% from 2Q 2022). Profit margin: 7.5% (down from 9.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 19Sonata Software Limited Declares an Interim Dividend, Payable on or After 14 November, 2022Sonata Software Limited declared an Interim Dividend of INR 7.00 per share (700 % on par value of INR 1) for the financial year 2022-23. The Record date for the purpose of payment of the Interim Dividend will be on 1 November, 2022. The Interim Dividend will be paid to the registered shareholders on or after 14 November, 2022 through Electronic mode or by dividend warrants, as applicable.お知らせ • Oct 01Sonata Software Limited to Report Q2, 2023 Results on Oct 18, 2022Sonata Software Limited announced that they will report Q2, 2023 results at 3:30 PM, Indian Standard Time on Oct 18, 2022Recent Insider Transactions • Aug 19Chief Delivery Officer recently sold ₹6.6m worth of stockOn the 16th of August, P. V. S. Raju sold around 10k shares on-market at roughly ₹691 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹121m more than they bought in the last 12 months.お知らせ • Jul 27Sonata Software Limited Reconstitutes Risk Management CommitteeSonata Software Limited announced that Risk Management Committee of the Board has been reconstituted with Mr. Pradip P Shah as Chairperson, Mr. Viren Raheja, Mr. P Srikar Reddy and Mr. Samir Dhir as Members effective July 25, 2022.Reported Earnings • Jul 26First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: ₹10.37 (up from ₹8.35 in 1Q 2022). Revenue: ₹18.0b (up 42% from 1Q 2022). Net income: ₹1.08b (up 24% from 1Q 2022). Profit margin: 6.0% (down from 6.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Over the next year, revenue is forecast to grow 17%, compared to a 13% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jul 05Sonata Software Limited to Report Q1, 2023 Results on Jul 25, 2022Sonata Software Limited announced that they will report Q1, 2023 results on Jul 25, 2022Recent Insider Transactions • Jun 19Insider recently sold ₹1.4m worth of stockOn the 14th of June, Ejantkar Sheela sold around 2k shares on-market at roughly ₹684 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹5.1m. Insiders have been net sellers, collectively disposing of ₹120m more than they bought in the last 12 months.Upcoming Dividend • Jun 08Upcoming dividend of ₹13.00 per shareEligible shareholders must have bought the stock before 15 June 2022. Payment date: 24 July 2022. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 3.0%. Within top quartile of Indian dividend payers (1.8%). Higher than average of industry peers (1.8%).Reported Earnings • Jun 05Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: ₹36.22 (up from ₹23.48 in FY 2021). Revenue: ₹55.5b (up 31% from FY 2021). Net income: ₹3.76b (up 54% from FY 2021). Profit margin: 6.8% (up from 5.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 22%, compared to a 15% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 04Sonata Software Limited Proposes Final Dividend for the Financial Year Ended March 31, 2022Sonata Software Limited proposed to declare final dividend of INR 13 per equity share (on an equity share of par value of INR 1 each) for the Financial Year ended March 31, 2022 and to confirm Interim Dividend of INR 8 per equity share, already paid, for the Financial Year ended March 31, 2022 in the Annual General Meeting to be held on June 24, 2022. The Company has fixed June 16, 2022 as the Record Date and the Register of Members of the Company will be closed from June 17, 2022 to June 23, 2022 (both dates inclusive), for determining entitlement of members to final dividend for the financial year ended March 31, 2022, if approved at the AGM.株主還元532221IN ITIN 市場7D-10.5%-5.4%-2.8%1Y-33.1%-30.1%-1.2%株主還元を見る業界別リターン: 532221過去 1 年間で-30.1 % の収益を上げたIndian IT業界を下回りました。リターン対市場: 532221は、過去 1 年間で-1.2 % のリターンを上げたIndian市場を下回りました。価格変動Is 532221's price volatile compared to industry and market?532221 volatility532221 Average Weekly Movement7.2%IT Industry Average Movement7.9%Market Average Movement7.1%10% most volatile stocks in IN Market10.1%10% least volatile stocks in IN Market4.8%安定した株価: 532221 、 Indian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 532221の 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19866,414Raj Roywww.sonata-software.comソナタ・ソフトウェア・リミテッドはその子会社とともに、米国、欧州、中東、アジア、インド、オーストラリアで情報技術サービスとソリューションを提供している。同社は、パワープラットフォーム、マイグレーション、データ変換、人工知能、クラウド、データ近代化サービスを提供している。また、プロセス自動化、RPAマイグレーション、デジタルアシュアランス、プロダクトエンジニアリング、ブロックチェーン、アプリケーション管理、品質保証サービスも提供している。ソナタ・ソフトウェア・リミテッドは、銀行、住宅ローン、融資、保険、ヘルスケア、ライフサイエンス、製造、小売などの分野にサービスを提供している。同社はMicrosoft、AWS、Salesforce、ServiceNow、Snow Flake、SAP、Google Cloudと提携している。Sonata Software Limited は 1986 年に設立され、インドのベンガルールに本社を置いています。もっと見るSonata Software Limited 基礎のまとめSonata Software の収益と売上を時価総額と比較するとどうか。532221 基礎統計学時価総額₹73.69b収益（TTM）₹4.64b売上高(TTM)₹108.06b15.9xPER（株価収益率0.7xP/Sレシオ532221 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計532221 損益計算書（TTM）収益₹108.06b売上原価₹93.61b売上総利益₹14.45bその他の費用₹9.81b収益₹4.64b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）16.75グロス・マージン13.37%純利益率4.30%有利子負債／自己資本比率29.8%532221 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.9%現在の配当利回り29%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/17 06:32終値2026/05/15 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Sonata Software Limited 8 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。14 アナリスト機関Sushil Sharma360 ONE Capital Market Private LimitedSushovon NayakAnand Rathi Shares and Stock Brokers LimitedVijayaraghavan SwaminathanAvendus Spark11 その他のアナリストを表示
Reported Earnings • May 08Full year 2026 earnings: Revenues and EPS in line with analyst expectationsFull year 2026 results: EPS: ₹16.74 (up from ₹15.30 in FY 2025). Revenue: ₹108.1b (up 6.4% from FY 2025). Net income: ₹4.64b (up 9.4% from FY 2025). Profit margin: 4.3% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • May 06Now 21% overvaluedOver the last 90 days, the stock has fallen 13% to ₹270. The fair value is estimated to be ₹222, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
お知らせ • May 02Sonata Software Limited to Report Q4, 2026 Results on May 07, 2026Sonata Software Limited announced that they will report Q4, 2026 results on May 07, 2026
Buy Or Sell Opportunity • Apr 15Now 23% overvaluedOver the last 90 days, the stock has fallen 27% to ₹254. The fair value is estimated to be ₹206, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
Price Target Changed • Mar 20Price target decreased by 7.8% to ₹345Down from ₹374, the current price target is an average from 7 analysts. New target price is 46% above last closing price of ₹237. Stock is down 37% over the past year. The company is forecast to post earnings per share of ₹16.70 for next year compared to ₹15.30 last year.
Buy Or Sell Opportunity • Mar 18Now 21% overvaluedOver the last 90 days, the stock has fallen 29% to ₹241. The fair value is estimated to be ₹199, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
Reported Earnings • May 08Full year 2026 earnings: Revenues and EPS in line with analyst expectationsFull year 2026 results: EPS: ₹16.74 (up from ₹15.30 in FY 2025). Revenue: ₹108.1b (up 6.4% from FY 2025). Net income: ₹4.64b (up 9.4% from FY 2025). Profit margin: 4.3% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • May 06Now 21% overvaluedOver the last 90 days, the stock has fallen 13% to ₹270. The fair value is estimated to be ₹222, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
お知らせ • May 02Sonata Software Limited to Report Q4, 2026 Results on May 07, 2026Sonata Software Limited announced that they will report Q4, 2026 results on May 07, 2026
Buy Or Sell Opportunity • Apr 15Now 23% overvaluedOver the last 90 days, the stock has fallen 27% to ₹254. The fair value is estimated to be ₹206, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 16% per annum over the same time period.
Price Target Changed • Mar 20Price target decreased by 7.8% to ₹345Down from ₹374, the current price target is an average from 7 analysts. New target price is 46% above last closing price of ₹237. Stock is down 37% over the past year. The company is forecast to post earnings per share of ₹16.70 for next year compared to ₹15.30 last year.
Buy Or Sell Opportunity • Mar 18Now 21% overvaluedOver the last 90 days, the stock has fallen 29% to ₹241. The fair value is estimated to be ₹199, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
Price Target Changed • Feb 09Price target decreased by 8.4% to ₹385Down from ₹421, the current price target is an average from 7 analysts. New target price is 22% above last closing price of ₹315. Stock is down 33% over the past year. The company is forecast to post earnings per share of ₹16.67 for next year compared to ₹15.30 last year.
Reported Earnings • Feb 07Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2026 results: EPS: ₹3.76 (down from ₹3.78 in 3Q 2025). Revenue: ₹30.9b (up 8.8% from 3Q 2025). Net income: ₹1.04b (flat on 3Q 2025). Profit margin: 3.4% (down from 3.7% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year.
お知らせ • Jan 29Sonata Software Limited to Report Q3, 2026 Results on Feb 06, 2026Sonata Software Limited announced that they will report Q3, 2026 results on Feb 06, 2026
Price Target Changed • Nov 17Price target decreased by 7.9% to ₹400Down from ₹434, the current price target is an average from 7 analysts. New target price is 7.9% above last closing price of ₹371. Stock is down 33% over the past year. The company is forecast to post earnings per share of ₹16.60 for next year compared to ₹15.30 last year.
Reported Earnings • Nov 15Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: ₹4.33 (up from ₹3.84 in 2Q 2025). Revenue: ₹21.5b (flat on 2Q 2025). Net income: ₹1.20b (up 13% from 2Q 2025). Profit margin: 5.6% (up from 4.9% in 2Q 2025). Revenue exceeded analyst estimates by 30%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
お知らせ • Nov 07Sonata Software Limited to Report Q2, 2026 Results on Nov 13, 2025Sonata Software Limited announced that they will report Q2, 2026 results at 12:08 PM, Indian Standard Time on Nov 13, 2025
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹347, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 25x in the IT industry in India. Total returns to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹267 per share.
お知らせ • Jul 30Sonata Software Limited Declares Interim Dividend for the Financial Year 2025-26, Payable on or After 20th August, 2025Sonata Software Limited declared an Interim Dividend of INR 1.25/- per Equity share (125% on par value of INR 1/-) for the financial year 2025-26. The Record date for the purpose of payment of the Interim Dividend will be 8th August, 2025. The Interim Dividend will be paid to the registered shareholders on or after 20 th August, 2025 through Electronic mode or by dividend warrants, as applicable.
お知らせ • Jul 23Sonata Software Limited to Report Q1, 2026 Results on Jul 30, 2025Sonata Software Limited announced that they will report Q1, 2026 results on Jul 30, 2025
Price Target Changed • Jul 10Price target decreased by 7.0% to ₹449Down from ₹483, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of ₹431. Stock is down 31% over the past year. The company is forecast to post earnings per share of ₹18.58 for next year compared to ₹15.30 last year.
Reported Earnings • Jul 09Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: ₹15.30 (up from ₹11.12 in FY 2024). Revenue: ₹101.6b (up 18% from FY 2024). Net income: ₹4.25b (up 38% from FY 2024). Profit margin: 4.2% (up from 3.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
お知らせ • Jul 06Sonata Software Limited, Annual General Meeting, Jul 31, 2025Sonata Software Limited, Annual General Meeting, Jul 31, 2025, at 16:00 Indian Standard Time.
Declared Dividend • Jul 06Dividend of ₹4.40 announcedShareholders will receive a dividend of ₹4.40. Ex-date: 23rd July 2025 Payment date: 30th August 2025 Dividend yield will be 1.1%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 06Sonata Software Limited announces Annual dividend, payable on August 30, 2025Sonata Software Limited announced Annual dividend of INR 4.4000 per share payable on August 30, 2025, ex-date on July 23, 2025 and record date on July 23, 2025.
お知らせ • May 20Sonata Software Launches AgentBridge - A Managed Services Offering for Agentic WorkflowsSonata Software announced the launch of AgentBridge, a breakthrough platform designed to accelerate AI-powered enterprise transformation. AgentBridge empowers organizations to centrally design, deploy, and govern intelligent AI agents across business functions--enabling secure, scalable, and efficient enterprise automation. Enterprises grapple with fragmented AI initiatives, siloed tools, and disconnected systems--leading to efficiencies and limited ROI. AgentBridge addresses these challenges through a unified multi-agent orchestration platform that enables creation, deployment, and lifecycle management of AI-powered workflows from a centralized, enterprise-grade marketplace. With built-in role-based access controls, LLM guardrails, and audit-ready logging, AgentBridge ensures robust security, compliance, and governance. Its modular, no-code interface empowers business and IT teams alike to build and scale AI agents with speed and confidence. Platform Highlights: Agent Marketplace: Discover, publish, and manage reusable AI agents through a functionally organized, compliance-aware catalog--with built-in analytics and monetization capabilities. Agent Builder: Visual, drag-and-drop designer featuring industry-specific blueprints, real-time debugging, and one-click marketplace publishing. Core Agent Logic: Configurable workflows supporting MCP, Agent-to-Agent (A2A) interactions, and full execution traceability. Integrations & Orchestrators: Seamless connectivity with leading Cloud providers, ERP systems, and enterprise databases. Observability & ROI Dashboards: Real-time telemetry, drift analytics, and embedded compliance tools for Responsible AI assurance. Cloud & Model Support: Secure access to hosted and private models across multi-cloud environments. With AgentBridge, Sonata continues to advance its vision of Responsible AI at Scale, delivering practical, high-impact innovation that helps enterprises become truly AI-native. This is the latest innovation from Sonata's Harmoni.ai - its responsible-first AI suite of solutions - to catalyze next step in AI-powered enterprise evolution.
Price Target Changed • May 12Price target decreased by 15% to ₹523Down from ₹616, the current price target is an average from 7 analysts. New target price is 32% above last closing price of ₹397. Stock is down 21% over the past year. The company is forecast to post earnings per share of ₹18.76 for next year compared to ₹15.30 last year.
Reported Earnings • May 10Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: ₹15.30 (up from ₹11.12 in FY 2024). Revenue: ₹102.3b (up 19% from FY 2024). Net income: ₹4.25b (up 38% from FY 2024). Profit margin: 4.2% (up from 3.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • May 01Sonata Software Limited to Report Q4, 2025 Results on May 07, 2025Sonata Software Limited announced that they will report Q4, 2025 results on May 07, 2025
New Risk • Apr 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.7% average weekly change).
Buy Or Sell Opportunity • Apr 29Now 22% overvaluedOver the last 90 days, the stock has fallen 29% to ₹376. The fair value is estimated to be ₹308, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 6.1%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.
Buy Or Sell Opportunity • Mar 03Now 22% overvaluedOver the last 90 days, the stock has fallen 43% to ₹370. The fair value is estimated to be ₹304, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has declined by 6.1%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 23% per annum over the same time period.
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to ₹429, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 27x in the IT industry in India. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹283 per share.
Price Target Changed • Feb 08Price target decreased by 7.6% to ₹661Down from ₹715, the current price target is an average from 8 analysts. New target price is 35% above last closing price of ₹490. Stock is down 39% over the past year. The company is forecast to post earnings per share of ₹15.23 for next year compared to ₹11.12 last year.
Reported Earnings • Feb 07Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2025 results: EPS: ₹3.78 (up from ₹1.66 loss in 3Q 2024). Revenue: ₹28.4b (up 14% from 3Q 2024). Net income: ₹1.05b (up ₹1.51b from 3Q 2024). Profit margin: 3.7% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
お知らせ • Jan 31Sonata Software Limited to Report Q3, 2025 Results on Feb 06, 2025Sonata Software Limited announced that they will report Q3, 2025 results on Feb 06, 2025
お知らせ • Dec 18Sonata Software Launches Harmoni.Ai-Powered Test Acceleration Platform, IntellqaSonata Software has launched IntellQA, a Harmoni.AI powered cutting-edge Testing automation and acceleration platform designed to transform software delivery for global enterprises. Modern Quality Assurance presents significant opportunity as enterprises grapple with challenges such as limited automation expertise, fragmented tools, escalating framework development costs, and constant script maintenance due to frequent application updates. Achieving comprehensive test coverage for intricate workflows also poses significant hurdles. Sonata's IntellQA equips enterprises to overcome these challenges, seamlessly embrace Agile and DevOps practices, and deliver high-quality software faster. By harnessing advanced Artificial Intelligence and Machine Learning capabilities, the platform integrates effortlessly with enterprise-grade tools like Jira, Azure DevOps, Xray, and CI/CD (Continuous Improvement/Continuous Development) pipelines. Key features of IntellQA include: Enhanced Product Quality: Scalable and customizable frameworks tailored to business needs. Cost Optimization: Streamlined workflows and reduced manual intervention for long-term savings. Responsible AI Framework: Ethical, efficient testing practices to address evolving regulatory and operational demands. AI and GenAI are impacting all aspect of the operations including software engineering practices. Sonata's Responsible-first AI solution, strengthened by partnerships with leading hyper-scalers and deep cross-industry expertise, is empowering organizations to unlock value of AI and GenAI across their entire enterprise.
Recent Insider Transactions • Nov 30Executive Vice Chairman recently sold ₹18m worth of stockOn the 27th of November, Palem Reddy sold around 30k shares on-market at roughly ₹597 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹33m. Palem has been a net seller over the last 12 months, reducing personal holdings by ₹76m.
Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹635, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 30x in the IT industry in India. Total returns to shareholders of 112% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹371 per share.
Reported Earnings • Nov 07Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₹21.9b (up 14% from 2Q 2024). Net income: ₹1.06b (down 14% from 2Q 2024). Profit margin: 4.9% (down from 6.5% in 2Q 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
お知らせ • Oct 31Sonata Software Limited to Report Q2, 2025 Results on Nov 06, 2024Sonata Software Limited announced that they will report Q2, 2025 results on Nov 06, 2024
Recent Insider Transactions • Sep 04Executive Vice Chairman recently sold ₹27m worth of stockOn the 30th of August, Palem Reddy sold around 40k shares on-market at roughly ₹665 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Palem has been a net seller over the last 12 months, reducing personal holdings by ₹119m.
お知らせ • Aug 13Sonata Software Limited Announces Cessation of Radhika Rajan as Independent DirectorSonata Software Limited announced that consequent to the completion of the second term, Ms. Radhika Rajan ceased to be an Independent Director of the company with effect from the close of business hours of 12 August, 2024. Ms. Radhika Rajan was appointed as Independent Director for a second term of five consecutive years commencing from 13 August, 2019 to 12 August, 2024 at the 24th Annual General Meeting of the Company held on 7th August, 2019.
Price Target Changed • Aug 09Price target increased by 7.9% to ₹717Up from ₹664, the current price target is an average from 6 analysts. New target price is 19% above last closing price of ₹602. Stock is up 16% over the past year. The company is forecast to post earnings per share of ₹18.60 for next year compared to ₹11.12 last year.
お知らせ • Jul 25Sonata Software Limited to Report Q1, 2025 Results on Jul 31, 2024Sonata Software Limited announced that they will report Q1, 2025 results on Jul 31, 2024
Reported Earnings • Jul 16Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₹11.12 (down from ₹16.29 in FY 2023). Revenue: ₹86.1b (up 16% from FY 2023). Net income: ₹3.09b (down 32% from FY 2023). Profit margin: 3.6% (down from 6.1% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 27%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 15Sonata Software Limited, Annual General Meeting, Aug 06, 2024Sonata Software Limited, Annual General Meeting, Aug 06, 2024, at 14:30 Indian Standard Time.
Declared Dividend • Jul 15Final dividend of ₹4.40 announcedShareholders will receive a dividend of ₹4.40. Ex-date: 26th July 2024 Payment date: 5th September 2024 Dividend yield will be 1.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 107% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Jul 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin). Significant insider selling over the past 3 months (₹32m sold).
Board Change • Jun 20Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Non-Executive Independent Director Sanjay Asher was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Jun 10Insider recently bought ₹1.0m worth of stockOn the 4th of June, Mohan Muthuraj bought around 2k shares on-market at roughly ₹504 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₹2.5m. Despite this recent purchase, insiders have collectively sold ₹116m more in shares than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹586, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 27x in the IT industry in India. Total returns to shareholders of 132% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹355 per share.
Recent Insider Transactions • May 25Insider recently bought ₹1.1m worth of stockOn the 21st of May, Mohan Muthuraj bought around 2k shares on-market at roughly ₹517 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₹88m more in shares than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₹509, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 25x in the IT industry in India. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹353 per share.
Price Target Changed • May 14Price target decreased by 11% to ₹776Down from ₹873, the current price target is an average from 5 analysts. New target price is 52% above last closing price of ₹509. Stock is up 6.8% over the past year. The company is forecast to post earnings per share of ₹20.17 for next year compared to ₹11.12 last year.
Reported Earnings • May 08Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: ₹11.12 (down from ₹16.29 in FY 2023). Revenue: ₹87.4b (up 17% from FY 2023). Net income: ₹3.09b (down 32% from FY 2023). Profit margin: 3.5% (down from 6.1% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 27%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 08Sonata Software Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024Sonata Software Limited recommended a Final Dividend of INR 4.40/- per Equity share (440% on par value INR 1/-) for the financial year ended 31st March, 2024 and the Final Dividend is payable subject to the approval of shareholders at the ensuing Annual General Meeting (AGM). The dividend, subject to the approval of shareholders, will be dispatched /credited within 30 days from the date of ensuing AGM.
お知らせ • Apr 30Sonata Software Limited to Report Q4, 2024 Results on May 07, 2024Sonata Software Limited announced that they will report Q4, 2024 results on May 07, 2024
New Risk • Mar 24New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹25m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.7% net profit margin). Significant insider selling over the past 3 months (₹25m sold).
Recent Insider Transactions • Mar 23Chief Technology Officer recently sold ₹9.2m worth of stockOn the 18th of March, Rajsekhar Roy sold around 13k shares on-market at roughly ₹734 per share. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹105m more than they bought in the last 12 months.
Recent Insider Transactions • Feb 18Insider recently sold ₹4.8m worth of stockOn the 9th of February, Sujit Mohanty sold around 6k shares on-market at roughly ₹799 per share. This transaction amounted to 3.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹93m more than they bought in the last 12 months.
New Risk • Feb 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.7% net profit margin). Significant insider selling over the past 3 months (₹61m sold).
Reported Earnings • Feb 02Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: ₹1.66 loss per share (down from ₹4.24 profit in 3Q 2023). Revenue: ₹25.1b (up 11% from 3Q 2023). Net loss: ₹461.6m (down 139% from profit in 3Q 2023). Revenue missed analyst estimates by 9.1%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 24Sonata Software Limited to Report Q3, 2024 Results on Feb 01, 2024Sonata Software Limited announced that they will report Q3, 2024 results on Feb 01, 2024
Price Target Changed • Dec 14Price target increased by 17% to ₹722Up from ₹615, the current price target is an average from 4 analysts. New target price is 7.1% below last closing price of ₹777. Stock is up 187% over the past year. The company is forecast to post earnings per share of ₹19.08 for next year compared to ₹16.29 last year.
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹1,463, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 26x in the IT industry in India. Total returns to shareholders of 506% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹773 per share.
Price Target Changed • Nov 24Price target increased by 8.7% to ₹1,314Up from ₹1,209, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ₹1,294. Stock is up 134% over the past year. The company is forecast to post earnings per share of ₹39.09 for next year compared to ₹32.58 last year.
Recent Insider Transactions • Nov 07Executive Vice Chairman recently sold ₹61m worth of stockOn the 3rd of November, Palem Reddy sold around 50k shares on-market at roughly ₹1,217 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Palem's only on-market trade for the last 12 months.
Upcoming Dividend • Oct 31Upcoming dividend of ₹7.00 per share at 1.4% yieldEligible shareholders must have bought the stock before 07 November 2023. Payment date: 24 November 2023. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 1.4%. Within top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (1.8%).
お知らせ • Oct 26Sonata Software Limited Approves Interim Dividend for the Financial Year 2023-24, Payable on 7 November, 2023Sonata Software Limited at its board meeting held on 25th October 2023, Declared an Interim Dividend of INR 7 per share (700% on par value of INR 1/-) for the financial year 2023-24. The Record date for the purpose of payment of the Interim Dividend will be on 7th November, 2023. The Interim Dividend will be paid to the registered shareholders on or after Wednesday, 22nd November, 2023 through Electronic mode or by dividend warrants, as applicable.
Reported Earnings • Oct 26Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: ₹8.96 (up from ₹8.13 in 2Q 2023). Revenue: ₹19.4b (up 29% from 2Q 2023). Net income: ₹1.24b (up 10% from 2Q 2023). Profit margin: 6.4% (down from 7.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 4.0%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 18Sonata Software Limited to Report Q2, 2024 Results on Oct 25, 2023Sonata Software Limited announced that they will report Q2, 2024 results on Oct 25, 2023
Price Target Changed • Oct 11Price target increased by 9.1% to ₹1,163Up from ₹1,066, the current price target is an average from 3 analysts. New target price is 7.6% above last closing price of ₹1,081. Stock is up 110% over the past year. The company is forecast to post earnings per share of ₹41.58 for next year compared to ₹32.58 last year.
お知らせ • Sep 08Sonata Software Limited Appoints Sharmila Sherikar as Senior Vice President and Head of Corporate DevelopmentSonata Software Limited has announced the appointment of Sharmila Sherikar as Senior Vice President and Head of Corporate Development. Sharmila joined Sonata Software Limited with more than three decades of industry experience in change management and corporate development programs. She is adept at managing large organizational restructuring programs and brings in-depth knowledge in anchoring and executing transformation initiatives for strategic corporate goals. She possesses extensive familiarity in leading change management during acquisitions & mergers and building capabilities & talent during high growth phase. As an Executive Leadership Team member and in her role, Sharmila will drive Sonata's strategic corporate cross-functional change programs.
お知らせ • Aug 01Sonata Software Limited Declares Final Dividend for the Financial Year 2022-23, Payable on or After August 8, 2023Sonata Software Limited at its AGM held on July 31, 2023 declared the final dividend of INR 8.75 per equity share (i.e. 875%) for the financial year 2022-23.The dividend declared at the Meeting will be credited to the members accounts on or after August 8, 2023.
お知らせ • Jul 26Sonata Software Limited Announces the Launch of Harmoni.AISonata Software Limited announced the launch of Harmoni.AI, a Responsible-first AI offering with a bouquet of Industry solutions, service delivery platforms, and accelerators using generative artificial intelligence (AI). Generative AI is one of the most recent artificial intelligence developments. The trained AI models generate original, human-like content based on massive training datasets and neural network technology. Sonata's `Responsible by Design' approach ensures uncompromising ethics, trust, privacy, security, and compliance. It will amplify the potential of humans, enterprises, and communities to tap into the next generation of opportunities to create value from unparalleled innovations, connected ecosystems, and pervasive efficiencies. Sonata's Harmoni.AI is a holistic "Responsible by Design" platform for generative AI. A Data Governance and Acceleration engine backs it with a choice of using Industry Leading LLMs and a consulting framework to enable effective adoption and faster time to market. Sonata has built 6 Service delivery platforms, Industry Use cases, and Acceleration BOTs. It is doing pilots with multiple customers, including Fortune 500 clients, particularly in the areas of Healthcare and Life Sciences, Consumer Products & Retail, Telecom, Media & Technology, and Banking and Financial Services. Sonata has established Harmoni.AI Academy, to train engineers on `Responsible-First by Design' approach and around 20% of its Engineers are involved on AI initiatives to enable clients to leverage the potential of generative AI in a trusted, secure, and governed framework.
お知らせ • Jul 24Sonata Software Limited to Report Q1, 2024 Results on Jul 29, 2023Sonata Software Limited announced that they will report Q1, 2024 results at 4:00 PM, Indian Standard Time on Jul 29, 2023
Upcoming Dividend • Jul 14Upcoming dividend of ₹8.75 per share at 1.5% yieldEligible shareholders must have bought the stock before 21 July 2023. Payment date: 30 August 2023. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 1.5%. Within top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (2.0%).
Reported Earnings • Jul 12Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: ₹32.58 (up from ₹27.17 in FY 2022). Revenue: ₹74.5b (up 34% from FY 2022). Net income: ₹4.52b (up 20% from FY 2022). Profit margin: 6.1% (down from 6.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 3.2%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 08Sonata Software Limited, Annual General Meeting, Jul 31, 2023Sonata Software Limited, Annual General Meeting, Jul 31, 2023, at 10:00 Indian Standard Time. Agenda: To consider the Audited Financial Statements of the Company for the Financial Year ended March 31, 2023 together with the Reports of the Directors and Auditors thereon; to consider Declaration of dividend; to consider Appointment of Mr. Viren Raheja as a Director liable to retire by rotation; to consider and approve the amendment to the Employee Stock Option Plan, 2013 of the Company and to authorise the ESOP Trust to purchase or acquire equity shares of the Company; and to consider other business matters.
New Risk • Jun 30New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹17m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (41% accrual ratio). Minor Risks Dividend is not well covered by cash flows (96% cash payout ratio). Significant insider selling over the past 3 months (₹17m sold).
Recent Insider Transactions • May 25Insider recently sold ₹4.9m worth of stockOn the 18th of May, Sujit Mohanty sold around 5k shares on-market at roughly ₹914 per share. This transaction amounted to 4.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹38m more than they bought in the last 12 months.
Price Target Changed • May 17Price target increased by 9.8% to ₹829Up from ₹755, the current price target is provided by 1 analyst. New target price is 13% below last closing price of ₹958. Stock is up 91% over the past year. The company posted earnings per share of ₹32.58 last year.
Reported Earnings • May 14Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: ₹32.58 (up from ₹27.17 in FY 2022). Revenue: ₹75.2b (up 35% from FY 2022). Net income: ₹4.52b (up 20% from FY 2022). Profit margin: 6.0% (down from 6.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 3.2%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 13Sonata Software Limited Recommends Final Dividend for the Financial Year Ended 31 March, 2023Sonata Software Limited at the board meeting, the board has recommended a Final Dividend of INR 8.75 per Equity share (875% on par value INR 1) for the financial year ended 31 March, 2023 and the Final Dividend is payable subject to the approval of shareholders at the ensuing Annual General Meeting (AGM). The dividend, subject to the approval of shareholders, will be dispatched /credited within 30 days from the date of ensuing AGM.
Recent Insider Transactions • Mar 01Insider recently sold ₹1.6m worth of stockOn the 23rd of February, Roja Panchangam sold around 2k shares on-market at roughly ₹721 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹34m more than they bought in the last 12 months.
Price Target Changed • Feb 23Price target increased by 8.6% to ₹652Up from ₹601, the current price target is an average from 5 analysts. New target price is 10% below last closing price of ₹728. Stock is up 39% over the past year. The company is forecast to post earnings per share of ₹31.48 for next year compared to ₹27.17 last year.
Reported Earnings • Jan 25Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: ₹8.48 (up from ₹7.05 in 3Q 2022). Revenue: ₹22.8b (up 23% from 3Q 2022). Net income: ₹1.18b (up 21% from 3Q 2022). Profit margin: 5.2% (down from 5.3% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 28Sonata Software Limited to Report Q3, 2023 Results on Jan 24, 2023Sonata Software Limited announced that they will report Q3, 2023 results on Jan 24, 2023
Recent Insider Transactions • Nov 27Chief Delivery Officer recently sold ₹16m worth of stockOn the 25th of November, P. V. S. Raju sold around 30k shares on-market at roughly ₹537 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹29m more than they bought in the last 12 months.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Non-Executive Independent Director Sanjay Asher was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Oct 24Upcoming dividend of ₹7.00 per shareEligible shareholders must have bought the stock before 31 October 2022. Payment date: 17 November 2022. Payout ratio is a comfortable 55% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Within top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (1.9%).
Reported Earnings • Oct 19Second quarter 2023 earnings released: EPS: ₹8.13 (vs ₹6.58 in 2Q 2022)Second quarter 2023 results: EPS: ₹8.13 (up from ₹6.58 in 2Q 2022). Revenue: ₹15.1b (up 56% from 2Q 2022). Net income: ₹1.13b (up 24% from 2Q 2022). Profit margin: 7.5% (down from 9.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 19Sonata Software Limited Declares an Interim Dividend, Payable on or After 14 November, 2022Sonata Software Limited declared an Interim Dividend of INR 7.00 per share (700 % on par value of INR 1) for the financial year 2022-23. The Record date for the purpose of payment of the Interim Dividend will be on 1 November, 2022. The Interim Dividend will be paid to the registered shareholders on or after 14 November, 2022 through Electronic mode or by dividend warrants, as applicable.
お知らせ • Oct 01Sonata Software Limited to Report Q2, 2023 Results on Oct 18, 2022Sonata Software Limited announced that they will report Q2, 2023 results at 3:30 PM, Indian Standard Time on Oct 18, 2022
Recent Insider Transactions • Aug 19Chief Delivery Officer recently sold ₹6.6m worth of stockOn the 16th of August, P. V. S. Raju sold around 10k shares on-market at roughly ₹691 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹121m more than they bought in the last 12 months.
お知らせ • Jul 27Sonata Software Limited Reconstitutes Risk Management CommitteeSonata Software Limited announced that Risk Management Committee of the Board has been reconstituted with Mr. Pradip P Shah as Chairperson, Mr. Viren Raheja, Mr. P Srikar Reddy and Mr. Samir Dhir as Members effective July 25, 2022.
Reported Earnings • Jul 26First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: ₹10.37 (up from ₹8.35 in 1Q 2022). Revenue: ₹18.0b (up 42% from 1Q 2022). Net income: ₹1.08b (up 24% from 1Q 2022). Profit margin: 6.0% (down from 6.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 34%. Over the next year, revenue is forecast to grow 17%, compared to a 13% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jul 05Sonata Software Limited to Report Q1, 2023 Results on Jul 25, 2022Sonata Software Limited announced that they will report Q1, 2023 results on Jul 25, 2022
Recent Insider Transactions • Jun 19Insider recently sold ₹1.4m worth of stockOn the 14th of June, Ejantkar Sheela sold around 2k shares on-market at roughly ₹684 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹5.1m. Insiders have been net sellers, collectively disposing of ₹120m more than they bought in the last 12 months.
Upcoming Dividend • Jun 08Upcoming dividend of ₹13.00 per shareEligible shareholders must have bought the stock before 15 June 2022. Payment date: 24 July 2022. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 3.0%. Within top quartile of Indian dividend payers (1.8%). Higher than average of industry peers (1.8%).
Reported Earnings • Jun 05Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: ₹36.22 (up from ₹23.48 in FY 2021). Revenue: ₹55.5b (up 31% from FY 2021). Net income: ₹3.76b (up 54% from FY 2021). Profit margin: 6.8% (up from 5.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 22%, compared to a 15% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 04Sonata Software Limited Proposes Final Dividend for the Financial Year Ended March 31, 2022Sonata Software Limited proposed to declare final dividend of INR 13 per equity share (on an equity share of par value of INR 1 each) for the Financial Year ended March 31, 2022 and to confirm Interim Dividend of INR 8 per equity share, already paid, for the Financial Year ended March 31, 2022 in the Annual General Meeting to be held on June 24, 2022. The Company has fixed June 16, 2022 as the Record Date and the Register of Members of the Company will be closed from June 17, 2022 to June 23, 2022 (both dates inclusive), for determining entitlement of members to final dividend for the financial year ended March 31, 2022, if approved at the AGM.
