The Modernization Engineering Company
SONATA
SONATA SOFTWARE

7th May, 2026

National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex, Mumbai
Kind Attn: Manager, Listing Department
Stock Code – SONATSOFTW

BSE Limited
P.J. Towers, Dalal Street, Mumbai
Kind Attn: Manager, Listing Department
Stock Code - 532221

Dear Sirs/Madam,

SUB: INVESTORS’ PRESENTATION

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing Investors’ Presentation for the quarter and year ended 31st March, 2026.

The above said presentation is also made available on the Company’s website www.sonata-software.com.

We request you to kindly take the same on record.

Thanking you,

Yours faithfully,

For Sonata Software Limited

Mangal Krishnarao Kulkarni
Digitally signed by
Mangal Krishnarao
Kulkarni
Date: 2026.05.07
18:32:48 +05'30'

Mangal Kulkarni
Company Secretary, Compliance Officer and Head Legal

Encl.: As above

Sonata Software Limited - SSL
Registered Office: 208, T V Industrial Estate, 2nd Floor, S K Ahire Marg, Worli, Mumbai – 400 030
Corporate Office: Tower-A, Sonata Towers, Global Village (Sattva Global City), RVCE Post, Kengeri Hobli,
Mysore Road, Bengaluru - 560059, India
CIN: L72200MH1994PLC082110

W: www.sonata-software.com
E: [email protected]
T: +91 80 6778 1000

Q4 FY'26

INVESTOR PRESENTATION

www.sonata-software.com

WE ARE A

MODERNIZATION

ENGINEERING

COMPANY

SONATA

SONATA SOFTWARE

Sonata: A modernization engineering firm…

Transform Enterprises

From:
- 80-20
- Run-Change

To:
- 80-20
- Change-Run

Delivering Value

Speed, Efficiency, and Growth

Decision Makers

Mid-caps:
- Business Heads / CXO’s to transform their firm

Large caps:
- CIO looking for AGILE partners

The Modernization Engineering Company

SONATA

SONATA SOFTWARE

Key Verticals, Partners, IPs

Industries

TMT
Technology, Media and Telecom
RMD
Retail, Manuf., Travel and Distribution
BFSI
Banking, Financial Services and Insurance
HLS
Healthcare and Life Sciences

Innovation: IPs

AgentBridge
Harmoni.AI
Workbox.io
Lightning Build

Sustainability Target: Net Zero Emission by 2050

Single Use Plastic Free certified
100% Tier 1 suppliers are ESG compliant and trained
UNGC Signatory

Our four strategic pillars

AI & Modernization
AI Win - $16.9M
AI led Pipeline - $280M
Cloud & Data pipeline is 43%

Large Deals
2 Large deals won during Q4FY'26

Verticals / Partnerships
- MS Sell to, HLS, BFSI, TMT
- AWS and MS Sell with
- Talent

Domestic Business
Steady GC growth
– 11.0% CAGR over 5 yrs

Our four strategic pillars

AI & Modernization
AI Win - $16.9M
AI led Pipeline - $280M
Cloud & Data pipeline is 43%

Large Deals
2 Large deals won during Q4FY'26

Verticals / Partnerships
- MS Sell to, HLS, BFSI, TMT
- AWS and MS Sell with Talent

Domestic Business
Steady GC growth
- 18.0% CAGR over 5 yrs

AI context : POV

POV:

The need to adapt and evolve, will get faster than ever before; and the enterprise agility will be key need, hence demand outweighs efficiency in the mid-term. Human + AI will enable organizations agility to be the Frontier Organization.

Sonata will drive enterprise velocity for our clients

System of Autonomous Action
System of Intelligence
System of Record
Legacy Modernization opportunity - knowledge democratization
Dev being rapid custom engineering becomes more attractive - SaaS disintermediation
Business Process Transformation
Change in search prompting front-end transformation

The Modernization Engineering Company

SONATA

SONATA SOFTWARE

Sonata Modernization - Transformation

Frontier Front Office enabled by Brick and Agent frame work

Go To Market – approach

Biz Led Modernization	Tech Led Modernization	Continuous Modernization
• AI Led Business Process Transformation
• AI Led Industry Solutions (Claims, Inventory AI, Fraud)	• Legacy Modernization
• Platform Creation
• SAAS surround	• AI Enabled End to End Software Service Delivery
• Platformized Delivery

For AI Services

RAI, Agentic Platform	Ecosystem

The Modernization Engineering Company

SONATA

SONATA SOFTWARE

Modernization Success...

Our big bets on Cloud & Data has scaled...

We increased Cloud & Data as a percentage of revenue from 52%→65% in FY 26

The Modernization Engineering Company

SONATA

SONATA SOFTWARE

Our four strategic pillars

AI & Modernization
AI Win - $13.7M
AI led Pipeline - $335M
Cloud & Data pipeline is 57%

Large Deals
2 Large deals won during Q4FY'26

Verticals / Partnerships
- MS Sell to, HLS, BFSI, TMT
- AWS and MS Sell with Talent

Domestic Business
Steady GC growth
– 18.0% CAGR over 5 yrs

We Won Two Large Deals in Q4 – Healthy Large Deal Pipeline

Large Deals

Fintech & Payments – US
Platform & Data Modernization
PE Company – US
Modern Engineering

Large Deals in the pipeline

RMD	TMT	BFSI	HLS
6	2	1	2

The Modernization Engineering Company

SONATA

Large Deal Win: AI led Platform Modernization

Client Overview

A major global financial technology (fintech) and payments company. It is one of the most influential firms powering banking, payments, and commerce infrastructure worldwide. The company provides technology solutions that support banks, credit unions, merchants, and large enterprises across critical areas of financial services.

Areas in Scope

Modernization of the core banking platform
AI led Platform modernization to unify user experience, eliminate UI-embedded business logic, and accelerate feature delivery across Teller, Front Office, and Back Office.
Enable better institutional customer experience and faster outcomes for client

The Modernization Engineering Company

SONATA

SONATA SOFTWARE

Large Deal Win: Modern Engineering & Cloud Modernization

Client Overview

The Client is a software holding company backed by a PE Firm, focused on acquiring and scaling founder-owned vertical B2B SaaS companies. It provides long-term operational, go-to-market, financial, and strategic support to help acquired software businesses grow without losing product focus or company culture.

Areas in Scope

Extended engineering team with a new capability center in India.
Multi-year managed services and cloud support contracts across geographies.
Strategic licensing and infrastructure engagements alongside network operations initiatives.
New office launch reinforcing growth and delivery capacity.

12 © Sonata Software Ltd., 2026. Confidential.

The Modernization Engineering Company

SONATA

SONATA SOFTWARE

Our four strategic pillars

AI & Modernization
AI Win - $13.7M
AI led Pipeline - $335M
Cloud & Data pipeline is 57%

Large Deals
2 Large deals won during Q3FY'26

Verticals / Partnerships
- MS Sell to, HLS, BFSI, TMT
- AWS and MS Sell with
- Talent

Domestic Business
Steady GC growth
– 18.0% CAGR over 5 yrs

Verticals & Geos Scale up …

BFSI and HLS continue to be stable; US scales steadily

Vertical Split

Geo Split

The Modernization Engineering Company

SONATA

SONATA SOFTWARE

Microsoft-Sonata Partnership: 30+ Years of Jointly Driving Customer Success

Sonata named again in Inner Circle for Microsoft Business Application 2025-26

| AI/Gen-AI
Industry Partnership | 400+ Clients
Across The Globe
USA, Europe, Asia, India, Australia, Middle East | $650+ Million
Per Annum Revenue To Microsoft |
| --- | --- | --- |
| 3500+ Team
On Microsoft Technologies | Microsoft Cloud Solution Partner - Azure Expert MSP Competencies.
10 Advanced Specialization in Dynamics 365, Data Analytics, Teams, CAF, M365, Azure, Copilot | Joint Execution
Microsoft Fasttrack, Global Delivery, Microsoft Consulting Services |
| Catalyst Led
Sales Process
Industry Point Of View, Business Value Assessment, Envisioning Workshops, Design Thinking | Industry Clouds
Go To Market
Healthcare, Retail, Sustainability, Manufacturing | Industry
Digital Transformation
Retail, CPG, Manufacturing, Telecom, Healthcare, Hi-tech, BFSI |

The Modernization Engineering Company

SONATA

SONATA SOFTWARE

Our four strategic pillars

01

AI & Modernization
AI Win - $13.7M
AI led Pipeline - $335M
Cloud & Data pipeline is 57%

02

Large Deals
2 Large deals won during Q3FY'26

03

Verticals / Partnerships
- MS Sell to, HLS, BFSI, TMT
- AWS and MS Sell with Talent

04

Domestic Business
Steady GC growth
- 11.0% CAGR over 5 yrs

SITL – Three pillar strategy

The Modernization Engineering Company

SONATA

SONATA SOFTWARE

Key Recognition

The Modernization Engineering Company

SONATA

SONATA SOFTWARE

People – Our Key Strength

The Modernization Engineering Company

SONATA

SONATA SOFTWARE

SONATA

The Modernization Engineering Company

SONATA SOFTWARE

FINANCIAL HIGHLIGHTS

Sonata Software consolidated PAT grew by 25.0% QoQ. International EBITDA accretion of 0.7% QoQ.

INR Crs.

P&L	Consolidated
	Q4'26	Q3'26	QoQ
Revenue in $mn.	277.2	345.8	-
Revenue in INR crs.	2536.2	3080.6	-
GC - Products	-	-	-
EBITDA before fx & OI	208.7	200.2	4.2%
EBITDA before fx & OI %	8.2%	6.5%	1.7%
EBITDA after fx & OI	246.2	211.6	16.4%
EBITDA after fx & OI %	9.7%	6.9%	2.9%
PAT	130.5	104.4	25.0%
PAT %	5.1%	3.4%	1.8%
Effective Tax Rate	23.3%	25.9%	-
Revenue Mix onsite offshore		-	-
EPS Per Share	4.71	3.76	25.2%
Cash and equivalents	605.5	563.7	-
International Services
---	---	---
Q4'26	Q3'26	QoQ
82.4	82.3	0.0%
779.2	738.6	5.5%
-	-	-
157.4	144.0	9.3%
20.2%	19.5%	0.7%
183.8	146.8	25.2%
23.6%	19.8%	3.8%
84.2	59.8	40.6%
10.8%	8.1%	3.8%
22.0%	26.0%	-
32:68	37:63	-
Domestic Business
---	---	---
Q4'26	Q3'26	QoQ
192.3	263.3	-27.0%
1759.2	2345.9	-25.0%
75.3	76.1	-1.0%
51.2	56.2	-8.8%
2.9%	2.4%	0.5%
64.8	65.7	-1.3%
3.7%	2.8%	0.9%
46.3	44.6	3.9%
2.6%	1.9%	0.7%
26.1%	25.8%	-
	-	-

Sonata Software consolidated PAT grew by 9.3% YoY. International EBITDA accretion of 1.5% YoY. Sonata Software recommends final dividend of 415% for FY'26.

INR Crs.

P&L	Consolidated
	FY'26	FY'25	YoY
Revenue in $mn.	1211.2	1201.4	0.8%
Revenue in INR crs.	10701.2	10157.2	5.4%
GC - Products	-	-	-
EBITDA before fx & OI	741.3	689.3	7.5%
EBITDA before fx & OI %	6.9%	6.7%	0.2%
EBITDA after fx & OI	845.8	760.4	11.2%
EBITDA after fx & OI %	7.9%	7.4%	0.5%
PAT	464.4	424.7	9.3%
PAT %	4.3%	4.2%	0.2%
Effective Tax Rate	23.6%	26.0%	-
EPS Per Share	16.74	15.30	9.4%
International Services
---	---	---
FY'26	FY'25	YoY
328.4	335.5	-2.1%
2948.0	2829.7	4.2%
-	-	-
543.7	480.5	13.1%
18.4%	17.0%	1.5%
607.7	515.0	18.0%
20.5%	18.0%	2.5%
292.7	246.6	18.7%
9.9%	8.6%	1.3%
22.7%	26.3%	-
Domestic Business
---	---	---
FY'26	FY'25	YoY
879.7	868.8	1.2%
7772.1	7340.6	5.9%
288.7	299.1	-3.5%
197.9	208.6	-5.2%
2.5%	2.8%	-0.3%
243.4	248.7	-2.1%
3.1%	3.4%	-0.2%
171.7	178.1	-3.6%
2.2%	2.4%	-0.2%
25.5%	25.6%	-