Nazara Technologies Ltd.

Nazara Technologies Ltd.

402.30
INR
+14.35
(+3.70%)
-1.43EPS
112.29BMarket Cap
Oct 26Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
7.06
6.97
11.15
19.69
24.88
41.44
41.06
50.73
49.93
48.54
Basic EPS, GAAP
0.11
0.72
-0.1
0.4
1.14
1.5
2.04
2.37
2.62
-1.45
Free Cash Flow per Basic Share
0.05
0.55
-0.42
2.81
1.99
-0.01
2.31
-2.57
0.98
- -
Dividend per Share
1.23
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
14.44
16.74
20.57
27.02
39.9
41.74
65.28
81.69
93.76
- -
Tangible Book Value per Share
8.87
11.52
7.34
14.92
23.91
20.27
46.17
35.41
57.91
- -
Basic Weighted Avg Shares
244
244
222
231
250
263
277
320
366
362
Sales/Revenue/Turnover
1,720
1,697
2,475
4,542
6,217
10,910
11,383
16,239
18,290
17,590
Operating Margin (%)
6.63
1.91
-11.86
3.85
10.26
5.21
6.78
2.28
1.59
2.22
Depreciation Expense
82
195
269
355
390
572
670
1,177
2,306
2,138
Net Income, GAAP
27
175
-21
92
284
394
566
758
959
-525
Effective Tax Rate (%)
92
38.25
- -
18.07
27.47
28.63
13.52
19.7
- -
- -
Profit Margin (%)
1.55
10.32
-0.86
2.03
4.57
3.61
4.97
4.67
5.24
-2.98
Working Capital
2,382
2,660
2,312
4,677
7,423
6,631
15,158
5,743
6,330
- -
LT Debt
83
- -
20
6
10
52
127
1,490
1,194
- -
Total Equity
3,871
4,403
5,700
7,790
11,983
13,166
23,346
32,373
35,517
- -
Return on Invested Capital (%)
- -
0.45
- -
1.72
4.09
2.7
2.44
0.15
- -
- -
Return on Capital (%)
- -
6.89
- -
0.75
0.66
1.62
2.38
3.74
- -
- -
Return on Common Equity (%)
- -
4.61
-0.47
1.59
3.34
3.67
3.65
3.12
3.03
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
955
- -
LT Borrowings
- -
488
- -
LT Finance Leases
- -
706
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
370
370
370
Market Capitalization
101,341
86,337
112,288

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
12,384
- -
Cash, Cash Equivalents & STI
- -
7,152
- -
Accounts Receivable, Net
- -
3,762
- -
Inventories
- -
34
- -
Total Current Liabilities
- -
6,054
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
955
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

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

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,501
3,189
5,347
5,202
16,239
2026
4,988
5,265
4,060
3,978
18,290
2027
4,288
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.74
0.72
0.9
0.19
2.37
2026
1.93
-0.85
0.27
1.27
2.62
2027
-2.16
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Raymond Albaladejo Stauffer
Full Time Employees
76
Sector
Technology services
Industry
Packaged software
Address
51-54, Maker Chamber 3 Mumbai MA India 400021
IPO Date
Mar 30, 2021
Website
nazara.com
Business
Nazara Technologies Limited (NAZARA.NS) develops and publishes mobile games, operates esports platforms and sports media properties, and provides adtech solutions; core offerings include the World Cricket Championship franchise with over 200 million downloads, Kiddopia gamified early learning app for preschoolers, Animal Jam Classic online playground for kids, CarromClash skill-based game, Halaplay and Qunami fantasy and trivia platforms, NODWIN Gaming esports tournaments, Sportskeeda sports and esports news coverage, and Datawrkz digital advertising services. Founded in 1999 and headquartered in Mumbai, India, the company serves mass-market mobile gamers, children, esports enthusiasts, and advertisers across India, the Middle East, Africa, North America, and Europe through segments such as subscription-based freemium gaming, real-money gaming, esports, gamified early learning, and adtech. Subsidiaries encompass Nextwave Multimedia, WildWorks, Paper Boat Apps, Nodwin Gaming, Sportskeeda, Datawrkz, Fusebox Games, and Curve Games. Recent developments include the September 2024 acquisition of a 47.7% stake in Moonshine Technology (PokerBaazi parent) for Rs 832 crore, the May 2025 acquisition of Curve Games for Rs 247 crore to bolster PC and console gaming, the same month's purchase of Smaaash Entertainment for on-venue gaming expansion, the January 2025 acquisition of Zeptolab's King of Thieves and CATS games for $7.7 million, the August 2024 acquisition of Fusebox Games for $27.2 million, a $4 million investment in subsidiary Nazara Dubai by Griffin Gaming Partners in September 2025, and the cancellation of a Rs 15.90 crore deal for Moonshine's remaining stake in August 2025 due to India's online gaming regulations. In March 2024, Nazara earmarked Rs 830 crore for global mergers and acquisitions in gaming, esports, and adtech, following a Rs 760 crore fundraise.