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Q4FY22 Quarterly Result Announced for Sonata Software Ltd.

Sonata Software declares Q4FY22 result: Consolidated FY 2022 PAT at Rs 376 Crores; 54% YoY growth. Board has recommended final dividend of Rs 13 giving total dividend for year at Rs 21 per share today. Consolidated: Revenues at Rs 1,463.6 crores; EBITDA at Rs 153.1 crores; QoQ growth of 4% PAT at Rs 100.9 crores; QoQ growth of 3% DSO days at 39. Cash and equivalents of approximately Rs 866 Crores (net of borrowings). International IT Services: Revenues at Rs 413.9 crores; QoQ growth of 5% Revenue in USD at 55.7 Million, QoQ revenue growth of 4.3% in USD terms. EBITDA at Rs 113.8 crores; QoQ growth of 3% PAT at Rs 72.4 crores; QoQ growth of 2% Addition of 12 new customers. International services DSO improved from 43 days to 40 days. Overall strategy of creating digital enterprises by creating platform through our unique PlatformationTM methodology are yielding results. Strong growth from digital based competencies like Managed cloud services and Digital PlatformationTM Services (Microsoft & Open source) and focused verticals like ISV, Retail (Essential), Distribution and Manufacturing and Commodity Business & Service Industry. Strong cash and liquidity positions maintained. Improvement in DSO to 40 days from 43 days. Our pipeline continues to be healthy and strong through multiple new digital wins from existing and new customers. Domestic Products & Services: Revenues at Rs 1,051.0 crores DSO days at 38 days EBITDA at Rs 39.5 crores; QoQ growth of 7% PAT at Rs 28.5 crores; QoQ growth of 8% Commenting on the results Mr. Srikar Reddy, Managing Director of the Company said: The results show that we continue to execute well on our goal of enabling our clients to build world class digital enterprises through our unique PlatformationTM methodology. Over the financial year we have continued to invest in and build world class competencies in platform engineering, cloud transformation, data analytics and Microsoft digital platform and aligning them to PlatformationTM. To serve our international clients better we have set up global delivery centers in Canada and Ireland. Our India business has continued to show robust growth with increasing percentage of cloud and digital infrastructure contracts. We have a comprehensive approach to our human capital. We have initiated a number of initiatives to improve employee training and development, engagement and retention, building up capacity for future growth through new hires and upgrading of existing capabilities. We have increased our near shore delivery presence for different geographical regions. We are excited to announce the appointment of Samir Dhir as new CEO of the company. Samir joined us in April 2022 and is based in the USA. Board has appointed Samir as Whole-time Director today w.e.f 9th May 2022. He has a very impressive record of scaling up organizations in international services. In addition to Samir, we have invested significantly in attracting senior talent globally in Marketing, Business Development and Delivery, to be announced shortly and during the current year. Result PDF
29-04-2022
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SONATA SOFTWARE LTD. - 532221 - Results For FY 2021-22

Results for FY 2021-22
29-04-2022
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SONATA SOFTWARE LTD. - 532221 - Format of Initial Disclosure to be made by an entity identified as a Large Corporate

Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompaySONATA SOFTWARE LTD. 2CINL72200MH1994PLC082110 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 0.00 4Highest Credit Rating during the previous FY NA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Mangal Kulkarni Designation: Company Secretary EmailId: mangal.kulkarni@sonata-software.com Name of the Chief Financial Officer: Jagannathan C N Designation: CFO EmailId: jagannathan.c@sonata-software.com Date: 26/04/2022 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
26-04-2022
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SONATA SOFTWARE LTD. - 532221 - Company Has Completed The Acquisition Of 100 % Shareholding In Encore I.T. Services Solutions Private Limited

Company has completed the acquisition of 100 % shareholding in Encore I.T. Services Solutions Private Limited
19-04-2022
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SONATA SOFTWARE LTD. - 532221 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Compliance Certificate for the year ended 31st March 2022
12-04-2022
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SONATA SOFTWARE LTD. - 532221 - Compliance Certificate For The Year Ended 31St March 2022

Compliance certificate for the year ended 31st March 2022
12-04-2022
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