Share of Sonata Software Limited is currently trading at around Rs.535/-. Existing as well as prospective Investors are asking for Sonata Software Share Price Targets for 2024,2025,2030,2035 & 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the Sonata Software Share Price Target from 2024 to 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of Sonata Software Ltd:
Sonata Software Limited has shown robust performance in the financial year 2023-24. The company reported a significant increase in its international services revenue, which grew by 34.3% year-over-year to reach USD 323.6 million. This growth was primarily driven by strong demand in digital transformation services, particularly in cloud computing, data analytics, and AI-driven solutions.
Despite a minor setback in Q3 FY24, where the company reported a consolidated net loss of INR 46.2 crore, Sonata Software quickly rebounded in Q4. The recovery was marked by securing several large multi-year deals, reinforcing its market position in key sectors such as retail, manufacturing, and banking. Additionally, the company’s strategic acquisitions, such as Quant Systems Inc., have bolstered its capabilities and expanded its footprint in North America, further contributing to revenue growth.
Looking ahead, Sonata Software is well-positioned for future growth. The company is focusing on enhancing its AI-led services, aiming to derive 20% of its revenue from these services within the next 2-3 years. This strategic pivot towards AI and machine learning is expected to drive significant value, given the increasing demand for intelligent automation and data-driven decision-making across industries.
Furthermore, Sonata Software is actively investing in its modernization engineering capabilities, which include cloud migration and application modernization services. These investments are in line with global trends where enterprises are increasingly adopting cloud-native technologies to enhance agility and operational efficiency.
The company’s management has expressed confidence in achieving double-digit growth in the coming fiscal years, despite potential macroeconomic headwinds. This optimism is backed by a strong pipeline of projects and the company’s ongoing efforts to innovate and deliver value to its clients through digital transformation initiatives.
In summary, Sonata Software Limited has demonstrated resilience and strong performance in the past year. With strategic investments in AI, cloud services, and key acquisitions, the company is poised for sustained growth and continued market leadership in the digital transformation space.Top of Form
Share Price Targets:
Sonata Software Share Price Target 2024
Based on the above discussion and analysis, the share price of Sonata Software is likely to touch the level of around Rs.590-600 in 2024
Sonata Software Share Price Target 2025
Based on the above discussion and analysis, the share price of Sonata Software is likely to touch the level of around Rs.660-675 in 2025
Sonata Software Share Price Target 2030
Based on the above discussion and analysis, the share price of Sonata Software is likely to touch the level of around Rs.1075-1100 in 2030
Sonata Software Price Target 2035
Based on the above discussion and analysis, the share price of Sonata Software is likely to touch the level of around Rs.1675-1700 in 2035
Sonata Software Price Target 2040
Based on the above discussion and analysis, the share price of Sonata Software is likely to touch the level of around Rs.2675-2700 in 2040
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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