Sonata Software

SONATSOFTW

NSE

BSE

SectorInformation Technology

Loading chart…

Company insights, generated from the most recent coverage.

Appointment of internal CDO Rajsekhar Datta Roy as CEO signals Sonata’s focus on continuity of its 'AI-first' transformation, leveraging his role in developing the Sonata Harmoni.AI framework and deep Microsoft partnership.
Read more

The Quarter story

The two most recent quarterly results, compared side-by-side.

Sonata Software accelerates cloud and AI adoption while shifting to recurring revenue, though post-holiday earnings compression and pipeline normalization require monitoring.

AI & Modernization pipeline grows from $46M to $340M from Q1 FY26 to Q1 FY27 — strong demand for next-gen tech services

EBITDA after forex & other income falls from ₹607.7 Cr to ₹14.7 Cr from Q4 FY26 to Q1 FY27 — post-holiday earnings face sharp compression

Cloud share of GTM revenue rises from 39% to 62% from Q1 FY26 to Q1 FY27 — accelerating cloud transformation focus

Large deals pipeline share drops from 43% to 16% from Q4 FY26 to Q1 FY27 — deal conversion needs closer monitoring

Domestic annuity revenue mix jumps from 12% to 80% from Q1 FY26 to Q1 FY27 — building a stable recurring income base

Attrition rate rises from 11% to 13% from Q3 FY26 to Q1 FY27 — talent retention requires attention

DSO improves from 71 days to 60 days from Q3 FY26 to Q1 FY27 — faster cash collections strengthen liquidity

Net working capital to gross contribution ratio climbs from 0.45x to 0.87x from Q2 FY26 to Q1 FY27 — working capital efficiency tightens

Top 10 client revenue concentration falls from 56% to 51% from Q1 FY26 to Q1 FY27 — reducing dependency on a few large accounts

Data segment share of GTM revenue declines from 24% to 11% from Q1 FY26 to Q1 FY27 — data services lose momentum

About the company

Sonata Software Limited is a modernization engineering company incorporated in 1994. It provides Information Technology Services and Solutions to customers globally, including cloud modernization, enterprise data modernization, and application and infrastructure re-platforming services. The company uses its proprietary Platformation approach and offers solutions combining AI, machine learning, and NLP techniques. Sonata has partnerships with major technology companies and has acquired several businesses to expand its capabilities. The company has development centers in various locations worldwide and has received certifications and awards for its services. Sonata Software Limited also operates through multiple subsidiaries and has made strategic investments in other technology companies.

In the news