Sonata Software Limited is an information technology company based out of Bengaluru. It was founded in 1986 as the computer software division of Indian Organic Chemicals.
The market capitalisation of Sonata Software Limited is over ₹20,000 crore as of January 6, 2024. Sonata Software share price has gained over 360% over the past three years.
Business operations
Sonata Software’s services include IT consulting, product engineering services, application development, application management, business intelligence, infrastructure management, packaged applications and travel solutions.
Sonata uses its exclusive “platformation” framework which combines industry know-how, platform technology proficiency, innovative design and strategic engagement approaches. Its outcome-based modernization services include cloud, data, dynamics, managed services, automation and a digital contact centre.
Sonata Software operates through distinct segments in its business model. Primarily, it focuses on providing IT services to a global clientele spanning the US, UK, Europe, Asia Pacific and Australia-New Zealand.
The company’s consolidated activities are divided into two primary segments. The international IT Services segment, which constitutes 26% of the total revenues and a significant 69% of the profit after tax (PAT). On the other hand, the domestic IT products contributed 74% of the total revenues, although accounting for 31% of the PAT.
Sonata Software partners with many tech giants and its partner network includes strong ties with Microsoft, AWS, Salesforce and Google.
Partnerships have significantly contributed to the company's revenue, constituting over 50% of its total pipeline. It has also expanded high-growth services in its four focused verticals: Telecommunications, media and technology, retail and manufacturing; banking, financial services and insurance and healthcare and life sciences.
In the financial year 2022-23, Sonata strategically improved its US operations. With the US being its largest market, it has expanded significantly in the region, securing Fortune 500 clients and long-term contracts. The company has also established new development centres in Mexico and Costa Rica to enable local service delivery for US clients.
To increase its market in the UK and Europe region, Sonata Software has opened a new development centre in Ireland.
Sonata Software has acquired Quant Systems Inc. to increase its presence in the BFSI and health and life science sectors. The acquisition not only gave the company a pool of experts in the US but also strengthened its nearshore capabilities in Mexico and Costa Rica. The acquisition was aimed to enable quicker and more efficient service delivery to clients in North and South America.
With 38 years of experience, Sonata Software has a team of over 6,500 engineers across the US, UK, EU, Asia-Pacific and Australia-New Zealand, representing 17 countries.
Financial highlights
Sonata Software’s revenue from operations for FY23 stood at ₹7,449.12 crore, up 34.1% from ₹5,553.37 crore in FY22.
The net profit after tax for 2022-23 was ₹451.9 crore compared to ₹376.43 crore during the previous year.
In FY23, the earnings before interest, tax, depreciation and amortisation (EBITDA) increased to ₹674.95 crore from the previous year's ₹565.73 crore.
The company's earnings per share (EPS) stood at ₹32.58 in FY23 compared to ₹27.17 in the previous financial year.
Sonata Software Share Price Today
As of 16 Jun 2026, Sonata Software share price is ₹260.35. The stock opened at ₹257.50, compared to its previous close of ₹254.05. During today's trading session, Sonata Software share price moved in the range of ₹257.05 to ₹266.75, with an average price of ₹261.90 for the day. Looking at its last 52-week, the stock has touched a low of ₹257.05 and a high of ₹266.75. On the performance front, Sonata Software share price has declined by 25.49% over the last six months and is down 36.70% on a year-on-year basis.
The market capitalization of Sonata Software is ₹7,114 Crs, with a P/E ratio of 15.3 and a dividend yield of 1.61%.
