Thursday, May 08, 2025 09:05:53 | Sonata Software
MUMBAI, India, May 7, 2025 /PRNewswire/ — Sonata Software (NSE: SONATSOFTW) (BSE: 532221), a leader in Modernization Engineering, today reported its audited financial results for its Financial Year ended March 31, 2025.
| in ₹ Crores | |||||||||||||||||
| Description | For the Quarter ended | For the year ended | |||||||||||||||
| 31-Mar-25 | 31-Dec-24 | QoQ | 31-Mar-24 | YoY | 31-Mar-25 | 31-Mar-24 | YoY | ||||||||||
| Revenues | |||||||||||||||||
| International IT Services | 702.3 | 731.7 | -4 % | 679.0 | 3 % | 2,829.7 | 2,679.6 | 6 % | |||||||||
| Domestic- Products & Services | 1,918.2 | 2,111.1 | -9 % | 1,514.5 | 27 % | 7,340.6 | 5,950.5 | 23 % | |||||||||
| Consolidated | 2,617.2 | 2,842.8 | -8 % | 2,191.6 | 19 % | 10,157.2 | 8,613.1 | 18 % | |||||||||
| EBITDA # | |||||||||||||||||
| International IT Services | 115.7 | 107.1 | 8 % | 117.6 | -2 % | 480.5 | 563.3 | -15 % | |||||||||
| Domestic- Products & Services | 56.5 | 56.4 | 0 % | 26.5 | 113 % | 208.6 | 164.6 | 27 % | |||||||||
| Consolidated | 172.7 | 163.6 | 6 % | 144.1 | 20 % | 689.3 | 727.5 | -5 % | |||||||||
| PAT before exceptional item | |||||||||||||||||
| International IT Services | 62.3 | 56.9 | 9 % | 70.3 | -11 % | 246.6 | 319.8 | -23 % | |||||||||
| Domestic- Products & Services | 45.2 | 48.1 | -6 % | 40.1 | 13 % | 178.1 | 163.3 | 9 % | |||||||||
| Consolidated | 107.5 | 105.0 | 2 % | 110.4 | -3 % | 424.7 | 483.2 | -12 % | |||||||||
| PAT after exceptional item | |||||||||||||||||
| International IT Services | 62.3 | 56.9 | 9 % | 70.3 | -11 % | 246.6 | 145.1 | 70 % | |||||||||
| Domestic- Products & Services | 45.2 | 48.1 | -6 % | 40.1 | 13 % | 178.1 | 163.3 | 9 % | |||||||||
| Consolidated | 107.5 | 105.0 | 2 % | 110.4 | -3 % | 424.7 | 308.5 | 38 % | |||||||||
| #EBITDA (before Other Income & Fx) | |||||||||||||||||
Commenting on the quarterly results, Mr. Samir Dhir, MD & CEO of Sonata Software said, “In Q4, we delivered a QoQ 1.9% improvement in EBITDA. Over FY’25, we secured 11 large deals, including two in the fourth quarter. Our Healthcare and BFSI verticals have grown significantly, scaling from 13% to 35% of our business over the past three years—reflecting the success of our diversification strategy. We remain confident in Sonata’s long-term vision and growth trajectory, as clients increasingly embrace modernization to gain competitive advantage.”
Speaking on the results Mr. Sujit Mohanty, MD & CEO of Sonata Information Technology Limited said, “This quarter, we made steady progress by renewing several key client contracts—many at enhanced values—despite sectoral headwinds. Our continued focus on cloud-led transformation drove improved year-on-year gross contribution and helped us onboard new customers.”
Performance Highlights for FY’25 & Q4’25:
• International IT Services:
• Revenue for FY’25 was ₹2,829.7 crores, reflecting a YoY growth of 5.6%, Q4’25 stood at ₹702.3 crores, showing a decline of 4.0% QoQ.
• In USD terms, revenue for FY’25 was $335.5 million, up 3.7% YoY, Q4’25 stood at $81.3 million, showing a QoQ decline of 6.6%.
• EBITDA (before other income and forex) for FY’25 was ₹480.5 crores, a decline of 14.7% compared to the previous year, Q4’25 stood at ₹115.7 crores, increase by 8% QoQ.
• PAT after exceptional items for FY’25 was ₹246.6 crores, increase by 69.9% YoY (FY’24 ₹145.1 crores).
• Q4’25 PAT stood at ₹62.3 crores, increase by 9.5% QoQ
• DSO improved to 61 days in Q4’25, compared to 64 days in Q3’25. (DSO revised based on the industry practices, using TTM revenue and the current debtor balances.)
• 14 new customers were added during the quarter.
• Domestic Products & Services:
• Revenue for FY’25 stood at ₹7,340.6 crores, reflecting a YoY growth of 23.4%. Q4’25 revenue stood at ₹1,918.2 crores, showing a decline of 9.1% QoQ.
• Gross contribution for FY’25 was ₹299.1 crores, increase by 14.8% YoY. For Q4’25, gross contribution stood at ₹78.4 crores, a decline of 4.3% QoQ.
• EBITDA (before other income and forex) for FY’25 was ₹208.6 crores, QoQ a YoY growth of 26.8%. Q4’25 EBITDA stood at ₹56.5 crores, showing increase by 0.1% QoQ.
• PAT for FY’25 stood at ₹178.1 crores, increased by 9.0% YoY, for Q4’25 stood at ₹45.2 crores, a decline of 6.0% QoQ.
• DSO improved to 46 days in Q4’25, compared to 51 days in Q3’25.
• ROCE stood at 43.2% in Q4’25, compared to 48.5% in Q3’25.
• RONW stood at 41.8% in Q4’25, compared to 47.7% in Q3’25.
• Consolidated:
• Revenue for FY’25 stood at ₹10,157.2 crores, reflecting a YoY growth of 17.9%, Q4’25 revenue stood at ₹2,617.2 crores, showing a QoQ decline of 7.9%.
• EBITDA for FY’25 was ₹689.3 crores, YoY decline of 5.2%, Q4’25 EBITDA stood at ₹172.5 crores, showing increase of 5.8% QoQ.
• PAT after exceptional items for FY’25 stood at ₹424.7 crores (FY’24 ₹308.5 crores), showing a YoY growth of 37.6%.
• Q4’25 PAT stood at ₹107.5 crores, increase by 2.4% QoQ.
• Cash and cash equivalents (net) stood at ₹ 262 Crores in Q4’25(Q3’25 ₹ 176 Crores) against Q4’24 ₹ 441.3 Crores.
