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Nazara Technologies Limited

Nazara Technologies Limited

NAZARA.BO
Nazara Technologies LimitedIN flagBombay Stock Exchange
307.60
INR
+3.55
- -
56.98BMarket Cap
Nazara Technologies Limited
NAZARA.BO
(Bombay Stock Exchange)

Recent

price

307.60

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
7.06
6.97
11.15
19.69
24.88
41.44
41.06
50.76
- -
51.04
Revenue per Share
0.11
0.72
-0.1
0.4
1.14
1.5
2.04
2.37
- -
2.67
Basic EPS, GAAP
0.05
0.55
-0.42
2.81
1.99
-0.01
2.31
-2.57
- -
- -
Free Cash Flow per Basic Share
1.23
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
7.72
8.11
8.65
9.89
5.7
6.12
9.66
2.56
- -
2.07
Book Value per Share
10.31
12.85
11.16
21
31.25
28.42
63.11
50.5
- -
62.05
Tangible Book Value per Share
244
244
222
231
250
263
277
320
- -
358
Basic Weighted Avg Shares
1,720
1,697
2,475
4,542
6,217
10,910
11,383
16,239
18,290
18,290
Sales/Revenue/Turnover
6.63
1.91
-11.86
3.85
10.26
5.21
6.78
2.2
1.33
1.27
Operating Margin (%)
82
195
269
355
390
572
670
1,177
2,306
2,306
Depreciation Expense
27
175
-21
92
284
394
566
758
958
958
Net Income, GAAP
92
38.25
- -
18.07
27.47
28.63
13.52
19.7
- -
36.45
Effective Tax Rate (%)
1.55
10.32
-0.86
2.03
4.57
3.61
4.97
4.67
5.24
5.24
Profit Margin (%)
2,382
2,660
2,312
4,677
7,423
6,631
15,158
5,743
6,330
6,330
Working Capital
83
- -
20
6
10
52
127
1,490
1,194
1,194
LT Debt
3,871
4,403
5,700
7,790
11,983
13,166
23,346
32,373
35,517
35,517
Total Equity
- -
0.49
- -
2.13
4.69
3.19
3.61
0.99
- -
- -
Return on Invested Capital (%)
- -
12.4
- -
1.65
2
5.81
8.49
16.63
- -
- -
Return on Capital (%)
- -
9.08
-1.09
4.38
15.33
25.95
26.38
43.37
122.92
122.9
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
734
- -
955
LT Borrowings
481
- -
488
LT Finance Leases
750
- -
706
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
370
- -
370
Market Capitalization
88,649
96,707
83,262

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
12,289
- -
12,384
Cash, Cash Equivalents & STI
7,683
- -
7,439
Accounts Receivable, Net
3,284
- -
3,762
Inventories
33
- -
34
Total Current Liabilities
5,703
- -
6,054
Payables & Accruals
- -
- -
- -
ST Debt
734
- -
955
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
37.88%
9.71%
Free Cash Flow
- -
-7,223.59%
-143.64%
Net Income, GAAP
- -
70.29%
26.42%
Sales/Revenue/Turnover
- -
34.4%
12.63%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,544
2,972
3,204
2,662
11,383
2025
2,501
3,189
5,347
5,202
16,239
2026
4,988
5,265
4,060
3,978
18,290

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.74
0.75
0.88
- -
2.04
2025
0.74
0.72
0.9
0.19
2.37
2026
1.93
-0.85
0.27
1.27
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Nazara Technologies Limited is an Indian multinational gaming and sports media company founded in 1999 and headquartered in Mumbai, India. The company operates across interactive gaming, esports, and gamified early learning ecosystems with key offerings including mobile games such as World Cricket Championship (WCC) and CarromClash; gamified educational products like Kiddopia; esports platforms and media including Nodwin Gaming and Sportskeeda; and skill-based, fantasy, and trivia games through subsidiaries such as Halaplay and Qunami. Nazara also provides advertising technology services via its digital ad tech subsidiary, Datawrkz, supporting user acquisition and monetization. It serves customers in India, Africa, the Middle East, North America, and other global markets. Recent strategic developments include the acquisition of 100% ownership of Curve Digital Entertainment Ltd, a UK-based PC and console game publisher, expanding Nazara's presence into the global PC and console market and enhancing its cross-platform gaming capabilities. Additionally, Nazara's wholly-owned subsidiary Nazara Technologies FZ LLC secured a $4 million investment from Griffin Gaming Partners II to strengthen its global gaming ecosystem and support future mergers, acquisitions, and co-investment opportunities. Nazara also recently increased its stake in Datawrkz Business Solutions to 55%, enhancing its ad tech portfolio. These moves align with its strategic expansion in gaming platforms across mobile, PC, and esports sectors internationally. Nazara's business segments include interactive gaming targeting mass-market mobile internet users, esports streaming and media, gamified early learning, ad tech for digital marketing solutions, and real money gaming. Its portfolio of IPs and subsidiaries includes WildWorks, Nextwave Multimedia, Fusebox Games, Curve Games, and others. The company operates extensively in emerging and developed markets such as India, Africa, the Middle East, the United States, and the Asia Pacific region. Nazara focuses on subscription-based, freemium, and advertising revenue models to monetize its diverse gaming and media offerings. Overall, Nazara Technologies Limited is a diversified technology company specializing in mobile games, esports, gamified learning, and digital advertising technology with a growing international footprint supported by strategic acquisitions and partnerships that enhance its product and market scope. It continues to invest in expanding its content library, cross-platform capabilities, and global market presence.