Sonata declares First Quarter Results 2004-2005
SONATA CONSOLIDATED Q3 NET AT Rs. 15.7 Crs. UP 31% QoQ
Mumbai, January 23, 2008.
The Board of Directors at its Meeting held here today, took on record the audited accounts of Sonata Software Limited for the quarter ended 31 st December, 2007.
The consolidated revenue for the quarter ended 31st December, 2007 was
Rs. 3611 mn as compared to Rs. 2841.6 mn for the same quarter last year an increase of 27% ; EBITD was Rs. 411.8 mn as compared to Rs. 333.4 mn for the same quarter last year an increase of 24% and PAT was Rs. 156.8 mn as compared to Rs. 157.1 mn for the same quarter last year.
Speaking on the occasion, Mr. B Ramaswamy, President & Managing Director, stated that “Growth during the quarter is a testimony of our efforts in providing value to our customers and improving efficiencies. The client additions during the quarter provide additional base for a sustained growth.”
REVENUE
Rs. in Mn
| |
Quarter 3 07-08 |
Nine Months 07-08 |
| International |
2173.28 |
6187.87 |
| Domestic |
1437.71 |
4282.33 |
| Consolidated* |
3610.99 |
10470.20 |
| |
|
| International |
|
| Sonata Software Limited |
500.64 |
1449.93 |
| ODSi |
106.09 |
329.07 |
| Sonata Software GmbH |
15.85 |
47.18 |
| Sonata Europe Limited |
6.56 |
11.88 |
| TUI InfoTec GmbH |
1692.27 |
4796.87 |
| Domestic |
|
| SITL |
1437.71 |
4282.33 |
PROFIT AFTER TAX
Rs. in Mn
| |
Quarter 3 07-08 |
Nine Months 07-08 |
| International |
141.32 |
378.42 |
| Domestic |
15.50 |
37.79 |
| Consolidated*s |
156.82 |
416.21 |
| |
|
| International |
|
| Sonata Software Limited |
97.50 |
261.22 |
| ODSi |
5.68 |
17.72 |
| Sonata Software GmbH |
0.40 |
1.22 |
| Sonata Europe Limited |
-41.27 |
-15.50 |
| TUI InfoTec GmbH** |
71.04 |
147.48 |
| Domestic |
|
| SITL |
15.50 |
37.79 |
*Consolidated Revenue and profit after tax are after elimination of inter company transactions. The consolidated accounts during the previous period include the results of TUI InfoTec GmbH, Germany from Nov’ 06, as the stake of 50.1% was acquired in Q3 of FY06-07.
**Sonata’s share of 50.1% of the profit
HIGHLIGHTS
Sonata Software Limited – Consolidated
|
Quarter 3 - Year on Year |
- Revenue at Rs. 3611 mn up 27 %
- EBITD at Rs. 411.8 mn up 24 %
- PBT at Rs. 292.8 mn up 34%
- PAT at Rs. 156.8 mn
- ROCE (Annualized) at 23.98 % as compared to 28.34 % for the same period last year.
- RONW (Annualized) at 28.50 % as compared to 31.89 % for the same period last year.
- Cash Reserves as on 31.12.2007 at Rs. 1084.12 mn
- Total number of employees as on 31st December, 2007 was 2432
- EPS (Annualised) at Rs. 5.97 as compared to Rs. 5.98 for the same period last year.
|
|
- Revenue at Rs. 3611 mn up 8 %
- EBITD at Rs. 411.8 mn up 31 %
- PBT at Rs. 292.8 mn up 44%
- PAT at Rs. 156.8 mn up 31%
- ROCE (Annualized) at 23.98 % as compared to 18.52 % for the last quarter.
- RONW (Annualized) at 28.50 % as compared to 22.25 % for the last quarter.
- EPS (Annualised) at Rs. 5.97 as compared to Rs. 4.54 for the last quarter.
|
Nine Months - Year on Year |
- Revenue at Rs. 10470.2 mn up 93 %
- EBITD at Rs. 1081.4 mn up 73 %
- PBT at Rs. 718.1 mn up 62%
- PAT at Rs. 416.2 mn up 18 %
- ROCE (Annualized) at 22.54 % as compared to 29.77 % for the same period last year.
- RONW (Annualized) at 26.38 % as compared to 31.04 % for the same period last year.
- EPS (Annualised) at Rs. 5.28 as compared to Rs. 4.46 for the same period last year.
|
Sonata Software Limited (stand alone)
|
Quarter 3 - Year on Year |
- Revenue at Rs. 500.6 mn up 11 % (Revenue in terms of USD at 12.74 mn up 27%)
- EBITD at Rs. 128.9 mn up 28 %
- PBT at Rs. 105.5 mn up 44%
- PAT at Rs. 97.5 mn down 1 %
- ROCE (Annualized) at 19.86 % as compared to 21.72 % for the same quarter last year.
- RONW (Annualized) at 19.86 % as compared to 20.92 % for the same quarter last year.
- Cash Generation from operations at Rs. 91.9 mn
- Cash Reserves as on 31.12.2007 at Rs. 320.4 mn
- 7 New clients added during the quarter
- Receivables as number of day’s sales have decreased from 73 to 72 days .
- EPS (Annualised) at Rs. 3.71 as compared to Rs. 3.75 for the same period last year.
|
Quarter 3 - Sequential |
- Revenue at Rs. 500.6 mn up 3 % (Revenue in terms of USD at 12.74 mn up 7%)
- EBITD at Rs. 128.9 mn up 10 %
- PBT at Rs. 105.5 mn up 14%
- PAT at Rs. 97.5 mn up 13 %
- ROCE (Annualized) at 19.86 % as compared to 17.69 % for the last quarter.
- RONW (Annualized) at 19.86 % as compared to 17.69 % for the last quarter.
- Receivables as number of day’s sales have increased from 71 to 72 days .
- EPS (Annualised) at Rs. 3.71 as compared to Rs. 3.28 for the last quarter.
|
Nine Months - Year on Year |
- Revenue at Rs. 1449.9 mn up 7 % (Revenue in terms of USD at 36.20 mn up 21%)
- EBITD at Rs. 354.3 mn up 4 %
- PBT at Rs. 281.6 mn up 4%
- PAT at Rs. 261.2 mn down 6 %
- ROCE (Annualized) at 18.22 % as compared to 21.12 % for the same period last year.
- RONW (Annualized) at 18.14 % as compared to 20.84 % for the same period last year.
- EPS (Annualised) at Rs. 3.31 as compared to Rs. 3.53 for the same period last year.
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