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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Sonata Software's shares outstanding for the quarter that ended in Mar. 2026 was 277 Mil.
Sonata Software's quarterly shares outstanding
declined
from Dec. 2025 (277 Mil) to Mar. 2026 (277 Mil).
It means Sonata Softwarebought back shares from Dec. 2025 to Mar. 2026 .
Sonata Software's annual shares outstanding
declined
from Mar. 2025 (278 Mil) to Mar. 2026 (277 Mil).
It means Sonata Softwarebought back shares from Mar. 2025 to Mar. 2026 .
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Sonata Software Shares Outstanding (EOP) Related Terms
Sonata Software Shares Outstanding (EOP) Historical Data
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The historical data trend for Sonata Software's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BOM:532221 vs IBM, ACN, FISV: Shares Outstanding (EOP) Comparison
For the Information Technology Services subindustry, Sonata Software's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sonata Software Shares Outstanding (EOP) vs Software Industry
For the Software industry and Technology sector, Sonata Software's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Sonata Software's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 277 Mil mean?
Sonata Software (BOM:532221) has a Shares Outstanding (EOP) of 277 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Sonata Software and its competitors.
Is Sonata Software's Shares Outstanding (EOP) too high?
Sonata Software's current Shares Outstanding (EOP) is 277 Mil. Overall, Sonata Software has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sonata Software's Shares Outstanding (EOP) compare to IBM and ACN?
Sonata Software's Shares Outstanding (EOP) of 277 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Software company?
A good Shares Outstanding (EOP) depends on the Software industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Sonata Software and its competitors. Sonata Software's current Shares Outstanding (EOP) is 277 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonata Software stock overvalued right now?
Based on GuruFocus' analysis, Sonata Software (BOM:532221) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹697.03, compared to a current price of ₹322.10 — trading 53.8% below its estimated fair value. The current Shares Outstanding (EOP) is 277 Mil. Sonata Software's overall GF Score™ is 92/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Sonata Software (BOM:532221), the current Shares Outstanding (EOP) is 277 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sonata Software (BOM:532221) Overvalued in 2026?
Based on GuruFocus' analysis, Sonata Software stock appears to be undervalued.
The current stock price of ₹322.10 is trading 53.8% below its estimated GF Value™ of ₹697.03.
GuruFocus considers Sonata Software to be Significantly Undervalued.
Key valuation signals for BOM:532221:
Shares Outstanding (EOP): 277 Mil
GF Value™: ₹697.03 vs. price of ₹322.10 (53.8% below fair value)
No single metric tells the full story. See the BOM:532221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sonata Software Ltd is a technology company. The company is engaged in the business of software development, technical services, and product marketing. The company's geographical segments include India and Other than India. It generates maximum revenue from India. The company serves ISVs (Independent Software Vendors); Travel and Tourism; Retail; BFSI; and other industries. Its solution portfolio includes SAP Modernization, Application Management, Managed Cloud Services, Technology Consulting, and other technology-related products and services.
92GF Score
Get the complete analysis for BOM:532221
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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