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Praveen Kumar

Equitas Capital Advisors
SONATSOFTW

Sonata Software Limited

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Sonata Software Limited CC-May26.pdf
11 May 2026
Open call
  1. Thanks for the opportunity. I had a couple of questions. The first one was on the disclosure on the large deal pipeline. If I compare the current quarters number at 11 to the previous quarters, which used to be in the 28 to 32 kind of a range, that seems t o be a sharp drop off in the large deals pipeline on the international business, so can you throw some light on what is happening there? Why the sharp drop off?

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  2. Sorry, I am confused a little bit because in the previous quarters, the number used to be around 28, 32 or in that range, right, now, even if I account for a couple of deals converting the deal, the large deal pipeline, which have disclosed the numbers, if I add up that is 11. So that is quite a sharp drop off, right? So I am not 100% clear on what you are implying.

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  3. I understood. Second question was on the domestic business. So we understand the challenges that are there from the large, large client going direct, etc., so how do we see that panning out and when do we see the domestic business returning to growth on a gross contribution basis and on a beta basis?

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