Sonata Software Future Growth
Future criteria checks 2/6
Sonata Software is forecast to grow earnings and revenue by 16.4% and 8.5% per annum respectively. EPS is expected to grow by 16.1% per annum. Return on equity is forecast to be 26.6% in 3 years.
Key information
16.4%
Earnings growth rate
16.11%
EPS growth rate
| IT earnings growth | 8.7% |
| Revenue growth rate | 8.5% |
| Future return on equity | 26.57% |
| Analyst coverage | Good |
| Last updated | 06 Apr 2026 |
Recent future growth updates
Analysis Article • Nov 18
Revenue Beat: Sonata Software Limited Exceeded Revenue Forecasts By 30% And Analysts Are Updating Their Estimates
Sonata Software Limited ( NSE:SONATSOFTW ) just released its quarterly report and things are looking bullish...Analysis Article • May 11
Sonata Software Limited (NSE:SONATSOFTW) Just Released Its Annual Results And Analysts Are Updating Their Estimates
There's been a notable change in appetite for Sonata Software Limited ( NSE:SONATSOFTW ) shares in the week since its...Recent updates
Narrative Update • Apr 25
SONATSOFTW: Upcoming Board Decisions Will Support Perceived Undervalued Upside
Analysts have kept their price target for Sonata Software broadly steady at around ₹340, with only slight adjustments reflecting a marginally higher discount rate, an unchanged fair value estimate, and minor tweaks to revenue growth, profit margin, and forward P/E assumptions. What's in the News A board meeting is scheduled for Feb 6, 2026, at 14:30 Indian Standard Time to review and approve Sonata Software's unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (Key Developments).Narrative Update • Apr 10
SONATSOFTW: Upcoming Dividend And Leadership Decisions Will Support Future Undervalued Upside
Analysts have trimmed their price target for Sonata Software by about ₹5 to reflect updated views on its fair value, discount rate, revenue growth, profit margin and forward P/E assumptions. What's in the News A board meeting is scheduled for Feb 6, 2026 to review and approve unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025, and to consider declaring a third interim dividend for FY 2025-26 (company filing).
New Narrative • Apr 07
AI And Cloud Modernization Will Support Steady Margins Without Transforming Prospects
Catalysts About Sonata Software Sonata Software provides modernization engineering and technology services, with a focus on AI, cloud, data and platform centric solutions across selected verticals and geographies. What are the underlying business or industry changes driving this perspective?Narrative Update • Mar 27
SONATSOFTW: Upcoming Dividend Decision Will Support Future Undervalued Upside
Analysts have trimmed their price target on Sonata Software from ₹374.14 to ₹344.86 as they reset assumptions around fair value and future P/E, while keeping discount rate, revenue growth, and profit margin expectations broadly similar. What's in the News A board meeting is scheduled for Feb 06, 2026 at 14:30 Indian Standard Time to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025.
New Narrative • Mar 14
AI And Cloud Modernization Will Reshape Long Term Earnings Quality
Catalysts About Sonata Software Sonata Software is an IT services firm focused on modernization engineering, with an emphasis on data, AI, cloud and Microsoft centric platforms for global and domestic clients. What are the underlying business or industry changes driving this perspective?Narrative Update • Mar 11
SONATSOFTW: Dividend And Leadership Decisions Will Support Future Undervalued Upside
Analysts have edged their fair value estimate for Sonata Software slightly lower from ₹378.43 to ₹374.14, reflecting marginal tweaks to assumptions on discount rate, revenue growth, profit margin and future P/E multiples. What's in the News A board meeting is scheduled for Feb 06, 2026 at 14:30 Indian Standard Time to review and approve unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025.Narrative Update • Feb 23
SONATSOFTW: Dividend Decision And Leadership Reappointment Will Support Undervalued Upside
Analysts have trimmed their price target on Sonata Software to ₹378 from ₹421, citing updated assumptions that include a slightly higher discount rate, a modestly different revenue growth outlook, a small adjustment to profit margin expectations, and a lower future P/E multiple. What's in the News Board meeting scheduled on Feb 06, 2026 at 14:30 Indian Standard Time to review and approve unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (company filing).Narrative Update • Feb 06
SONATSOFTW: Upcoming Dividend Decision Will Support Rerated Upside Potential
Analysts have nudged their price target for Sonata Software to ₹420.57 per share, citing a slightly lower assumed discount rate and a marginally adjusted forward P/E as the key drivers of the revised view. What's in the News Board meeting scheduled for February 6, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (company filing).Narrative Update • Jan 22
SONATSOFTW: Upcoming Dividend Decision Will Support Future Upside
Analysts have modestly adjusted their price target for Sonata Software to ₹420.57 from ₹422, reflecting updated views on fair value, discount rate, revenue growth, profit margin, and forward P/E assumptions. What's in the News Board meeting scheduled for November 13, 2025, to review and approve unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2025 (company filing).Narrative Update • Jan 07
SONATSOFTW: Global Alliance And Upcoming Dividend Decision Will Support Future Upside
Analysts have adjusted their price target on Sonata Software slightly higher to ₹422.00 from about ₹420.57, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E multiples. What's in the News A board meeting is scheduled on November 13, 2025, to review and approve unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2025 (company filing).Analysis Article • Dec 29
Sonata Software (NSE:SONATSOFTW) Might Be Having Difficulty Using Its Capital Effectively
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Narrative Update • Dec 15
SONATSOFTW: Global Alliance Will Expand Reach And Drive Profit Margins Higher
Analysts have nudged their price target for Sonata Software higher to approximately ₹421 from about ₹401, citing slightly stronger expectations for long term revenue growth, profit margins, and a modestly higher future earnings multiple. What's in the News Sonata Software has scheduled a board meeting on November 13, 2025 to review and approve its unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2025 (company filing) The board will also consider declaring a second interim dividend for the 2025 to 26 financial year at the same November 13, 2025 meeting (company filing) Sonata Software and adesso SE have entered a strategic partnership to accelerate digital transformation for enterprise clients, combining AI driven software and systems engineering capabilities with a global delivery network (company announcement) The alliance aims to offer AI driven business optimisation and data analytics, scalable and agile delivery frameworks, and robust governance and compliance solutions across Europe, North America, the Middle East, and India (company announcement) Valuation Changes The Fair Value Estimate has risen slightly to about ₹421 from roughly ₹401 per share, reflecting modestly improved fundamentals.Narrative Update • Nov 29
SONATSOFTW Global Alliance Will Expand Reach And Drive Profit Margins Higher
Analysts have slightly lowered their price target for Sonata Software from ₹417.57 to ₹401.43, citing modest adjustments in growth expectations and profitability assumptions. What's in the News A board meeting is scheduled for November 13, 2025, to review and approve the unaudited financial results for the second quarter and half year ended September 30, 2025.Analysis Article • Nov 18
Revenue Beat: Sonata Software Limited Exceeded Revenue Forecasts By 30% And Analysts Are Updating Their Estimates
Sonata Software Limited ( NSE:SONATSOFTW ) just released its quarterly report and things are looking bullish...Narrative Update • Nov 15
SONATSOFTW: New Global Partnership Will Drive Profit Margins Higher This Year
Analysts have slightly reduced their price target for Sonata Software to ₹417.57. They cite marginal adjustments in expected revenue growth and discount rate, while noting improved profit margins and future price-to-earnings estimates.Narrative Update • Oct 31
SONATSOFTW: Digital Alliance And AI-Driven Services Will Expand Global Market Reach
Analysts have maintained their price target for Sonata Software at ₹417.57, citing that updated assumptions for discount rate, growth, and profitability leave their overall valuation unchanged. What's in the News Sonata Software and adesso SE have announced a strategic partnership focused on accelerating digital transformation initiatives for enterprise clients (Key Development).Narrative Update • Oct 17
Digital Transformation And AI Services Will Unlock Future Markets
Analysts have slightly lowered their price target for Sonata Software from ₹423.57 to ₹417.57. This change reflects minor adjustments in projected growth and profitability metrics.Narrative Update • Oct 03
Digital Transformation And AI Services Will Unlock Future Markets
Narrative Update on Sonata Software: Analyst Price Target Revision Analysts have revised their price target for Sonata Software downward by approximately ₹13. They now cite tempered growth and margin expectations as the primary reasons for this adjustment.Analysis Article • Sep 14
Sonata Software (NSE:SONATSOFTW) Is Reinvesting At Lower Rates Of Return
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • Aug 30
Not Many Are Piling Into Sonata Software Limited (NSE:SONATSOFTW) Just Yet
When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 28x, you may consider Sonata...Analysis Article • Jul 12
Solid Earnings Reflect Sonata Software's (NSE:SONATSOFTW) Strength As A Business
The subdued stock price reaction suggests that Sonata Software Limited's ( NSE:SONATSOFTW ) strong earnings didn't...Analysis Article • Jul 07
Sonata Software (NSE:SONATSOFTW) Is Due To Pay A Dividend Of ₹4.40
The board of Sonata Software Limited ( NSE:SONATSOFTW ) has announced that it will pay a dividend of ₹4.40 per share on...Analysis Article • Jun 12
Sonata Software (NSE:SONATSOFTW) Seems To Use Debt Quite Sensibly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • May 11
Sonata Software Limited (NSE:SONATSOFTW) Just Released Its Annual Results And Analysts Are Updating Their Estimates
There's been a notable change in appetite for Sonata Software Limited ( NSE:SONATSOFTW ) shares in the week since its...Analysis Article • May 05
The Market Lifts Sonata Software Limited (NSE:SONATSOFTW) Shares 31% But It Can Do More
Those holding Sonata Software Limited ( NSE:SONATSOFTW ) shares would be relieved that the share price has rebounded...Analysis Article • Apr 06
A Look Into Sonata Software's (NSE:SONATSOFTW) Impressive Returns On Capital
There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...Analysis Article • Mar 10
Does This Valuation Of Sonata Software Limited (NSE:SONATSOFTW) Imply Investors Are Overpaying?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Sonata Software fair value estimate is ₹298 Sonata Software is...Analysis Article • Feb 12
Sonata Software Limited (NSE:SONATSOFTW) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Sonata Software Limited ( NSE:SONATSOFTW ) shareholders that were waiting for something to happen have been dealt a...
New Narrative • Feb 07
Investments In HarmonyAI Platform And Microsoft Partnerships Will Drive Future Success
Focus on large deals and strategic partnerships is poised to drive robust future revenue and earnings growth.Analysis Article • Jan 01
At ₹599, Is Sonata Software Limited (NSE:SONATSOFTW) Worth Looking At Closely?
Sonata Software Limited ( NSE:SONATSOFTW ), might not be a large cap stock, but it saw a decent share price growth of...Analysis Article • Dec 19
Sonata Software (NSE:SONATSOFTW) Seems To Use Debt Quite Sensibly
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Dec 03
Why You Should Care About Sonata Software's (NSE:SONATSOFTW) Strong Returns On Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...Analysis Article • Nov 20
Some Investors May Be Willing To Look Past Sonata Software's (NSE:SONATSOFTW) Soft Earnings
Soft earnings didn't appear to concern Sonata Software Limited's ( NSE:SONATSOFTW ) shareholders over the last week. We...Analysis Article • Nov 09
Sonata Software Limited Just Beat Revenue By 30%: Here's What Analysts Think Will Happen Next
Last week saw the newest second-quarter earnings release from Sonata Software Limited ( NSE:SONATSOFTW ), an important...Analysis Article • Aug 04
Revenue Beat: Sonata Software Limited Exceeded Revenue Forecasts By 56% And Analysts Are Updating Their Estimates
It's been a mediocre week for Sonata Software Limited ( NSE:SONATSOFTW ) shareholders, with the stock dropping 11% to...Analysis Article • Jul 05
Sonata Software Limited's (NSE:SONATSOFTW) 29% Jump Shows Its Popularity With Investors
Sonata Software Limited ( NSE:SONATSOFTW ) shareholders are no doubt pleased to see that the share price has bounced...Analysis Article • May 21
Some Investors May Be Willing To Look Past Sonata Software's (NSE:SONATSOFTW) Soft Earnings
Sonata Software Limited's ( NSE:SONATSOFTW ) earnings announcement last week didn't impress shareholders. Despite the...Analysis Article • May 10
Earnings Miss: Sonata Software Limited Missed EPS By 27% And Analysts Are Revising Their Forecasts
One of the biggest stories of last week was how Sonata Software Limited ( NSE:SONATSOFTW ) shares plunged 24% in the...Analysis Article • May 09
What You Can Learn From Sonata Software Limited's (NSE:SONATSOFTW) P/EAfter Its 29% Share Price Crash
Sonata Software Limited ( NSE:SONATSOFTW ) shareholders that were waiting for something to happen have been dealt a...Analysis Article • Apr 09
Sonata Software (NSE:SONATSOFTW) Is Reinvesting At Lower Rates Of Return
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...Analysis Article • Mar 22
Is It Too Late To Consider Buying Sonata Software Limited (NSE:SONATSOFTW)?
Sonata Software Limited ( NSE:SONATSOFTW ), is not the largest company out there, but it saw significant share price...Analysis Article • Feb 20
We Think Sonata Software (NSE:SONATSOFTW) Can Manage Its Debt With Ease
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Feb 04
Sonata Software Limited Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
Investors in Sonata Software Limited ( NSE:SONATSOFTW ) had a good week, as its shares rose 2.7% to close at ₹768...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2029 | 154,607 | 7,587 | 6,794 | N/A | 1 |
| 3/31/2028 | 126,926 | 6,401 | 6,402 | N/A | 6 |
| 3/31/2027 | 115,220 | 5,654 | 5,395 | N/A | 7 |
| 3/31/2026 | 107,799 | 4,602 | 3,062 | N/A | 6 |
| 12/31/2025 | 107,823 | 4,414 | N/A | N/A | N/A |
| 9/30/2025 | 105,445 | 4,421 | 3,095 | 4,205 | N/A |
| 6/30/2025 | 105,950 | 4,284 | N/A | N/A | N/A |
| 3/31/2025 | 101,573 | 4,247 | 5,758 | 6,443 | N/A |
| 12/31/2024 | 97,317 | 4,275 | N/A | N/A | N/A |
| 9/30/2024 | 93,822 | 2,763 | 4,956 | 5,173 | N/A |
| 6/30/2024 | 91,250 | 2,940 | N/A | N/A | N/A |
| 3/31/2024 | 86,131 | 3,085 | 2,552 | 2,805 | N/A |
| 12/31/2023 | 83,350 | 3,119 | N/A | N/A | N/A |
| 9/30/2023 | 81,024 | 4,757 | 4,244 | 4,649 | N/A |
| 6/30/2023 | 76,858 | 4,643 | N/A | N/A | N/A |
| 3/31/2023 | 74,491 | 4,519 | 2,273 | 2,684 | N/A |
| 12/31/2022 | 69,993 | 4,390 | N/A | N/A | N/A |
| 9/30/2022 | 65,965 | 4,190 | 425 | 699 | N/A |
| 6/30/2022 | 60,637 | 3,975 | N/A | N/A | N/A |
| 3/31/2022 | 55,534 | 3,764 | 4,405 | 4,502 | N/A |
| 12/31/2021 | 51,655 | 3,586 | N/A | N/A | N/A |
| 9/30/2021 | 47,036 | 3,147 | 3,936 | 3,971 | N/A |
| 6/30/2021 | 45,442 | 2,808 | N/A | N/A | N/A |
| 3/31/2021 | 42,281 | 2,440 | 4,408 | 4,426 | N/A |
| 12/31/2020 | 40,811 | 2,227 | N/A | N/A | N/A |
| 9/30/2020 | 39,218 | 2,448 | 5,419 | 5,503 | N/A |
| 6/30/2020 | 38,211 | 2,598 | N/A | N/A | N/A |
| 3/31/2020 | 37,433 | 2,769 | 3,601 | 3,686 | N/A |
| 12/31/2019 | 36,501 | 2,805 | N/A | N/A | N/A |
| 9/30/2019 | 32,572 | 2,687 | N/A | 1,599 | N/A |
| 6/30/2019 | 31,472 | 2,587 | N/A | N/A | N/A |
| 3/31/2019 | 29,609 | 2,493 | N/A | -62 | N/A |
| 12/31/2018 | 27,512 | 2,388 | N/A | N/A | N/A |
| 9/30/2018 | 26,739 | 2,240 | N/A | N/A | N/A |
| 6/30/2018 | 25,077 | 2,071 | N/A | N/A | N/A |
| 3/31/2018 | 24,539 | 1,925 | N/A | 2,896 | N/A |
| 12/31/2017 | 26,643 | 1,709 | N/A | N/A | N/A |
| 9/30/2017 | 24,726 | 1,619 | N/A | N/A | N/A |
| 6/30/2017 | 25,463 | 1,533 | N/A | N/A | N/A |
| 3/31/2017 | 23,708 | 1,563 | N/A | 1,845 | N/A |
| 12/31/2016 | 23,538 | 1,541 | N/A | N/A | N/A |
| 9/30/2016 | 22,632 | 1,557 | N/A | N/A | N/A |
| 6/30/2016 | 21,391 | 1,572 | N/A | N/A | N/A |
| 3/31/2016 | 19,405 | 1,586 | N/A | 1,582 | N/A |
| 12/31/2015 | 17,922 | 1,526 | N/A | N/A | N/A |
| 9/30/2015 | 17,371 | 1,481 | N/A | N/A | N/A |
| 6/30/2015 | 17,442 | 1,399 | N/A | N/A | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SONATSOFTW's forecast earnings growth (16.4% per year) is above the savings rate (6.9%).
Earnings vs Market: SONATSOFTW's earnings (16.4% per year) are forecast to grow slower than the Indian market (16.9% per year).
High Growth Earnings: SONATSOFTW's earnings are forecast to grow, but not significantly.
Revenue vs Market: SONATSOFTW's revenue (8.5% per year) is forecast to grow slower than the Indian market (11% per year).
High Growth Revenue: SONATSOFTW's revenue (8.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SONATSOFTW's Return on Equity is forecast to be high in 3 years time (26.6%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 03:34 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Sonata Software Limited is covered by 18 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sushil Sharma | 360 ONE Capital Market Private Limited |
| null null | Anand Rathi Shares and Stock Brokers Limited |
| Sushovon Nayak | Anand Rathi Shares and Stock Brokers Limited |