Nazara Technologies Limited NAZARA NSE
Company Overview
Nazara Technologies Limited operates a gaming and sports media platform in India, Africa, the Middle East, the Asia Pacific, the United States, and internationally. It operates through gaming and other segments. The company offers subscription, download of games, and support services. It also provides interactive and online gaming, including gamified early learning ecosystems; e-sports; and advertising technology ecosystems. In addition, the company owns various IPs, including World Cricket Championship, Kiddopia, Animal Jam, Classic Rummy, Openplay, Halaplay, Nazara Telco Distribution, Nodwin, NODWIN Gaming, SportsKeeda, Ultimate Teen Patti, PokerBaazi, Crash Arena Turbo Stars, King of Thieves, Curve Games, Love Island, Big Brother, Fusebox Games, Funky Monkeys, Curve Games and Smaaash, Branded, Pro Football Network, Soap Central, Datawrkz, and Space and Time. The company was incorporated in 1999 and is based in Mumbai, India with additional offices in Dubai, United Arab Emirates and Singapore.
Why Investors Should Care
Net profit has compounded at 34.5% per year over the last five years.
Revenue has grown at a 18.8% CAGR over the past five years.
Trades at a P/E of 11.4, below the sector median of 24.5.
Carries low leverage with a debt-to-equity ratio of 0.06.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹1,828.98 Cr (+12.6% YoY); net profit ₹95.85 Cr.
- Trailing 12 Months Year-on-year growth — revenue +12.6%, earnings +26.4%.
- 5-Year Trend Long-term compounding — revenue CAGR 18.8%, profit CAGR 34.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 18.79% |
| 1 Year: | 12.63% |
Compounded Profit Growth
| 5 Years: | 34.50% |
| 1 Year: | 26.42% |
Stock Price Performance
| 1 Year: | -6.22% |
| 6 Months: | +14.90% |
| 3 Months: | +20.63% |
| 1 Month: | +7.87% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)66.32 · Neutral
P/E of 11.36 is below the sector median of 24.46 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 18.8% over 5 years.
- Profit CAGR of 34.5% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Communication Services).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NAZARA Nazara Technologies Limited NSE | 313.85 | 11.36 | ₹11,627.04 Cr | 0.00% | 1.80% | 2.76% | 18.79% | 34.50% |
| 2 | BHARTIARTL Bharti Airtel Limited NIFTY50NSEAI | 1,936.30 | 43.64 | ₹11.80 L Cr | 1.25% | 17.67% | 17.91% | 14.88% | 47.34% |
| 3 | IDEA Vodafone Idea Limited NIFTY_MIDNSE | 13.98 | -3.49 | ₹1.51 L Cr | 0.00% | 36.88% | -96.63% | 2.05% | 72.64% |
| 4 | INDUSTOWER Indus Towers Limited NIFTY_MIDNSE | 404.50 | 10.84 | ₹1.07 L Cr | 0.00% | 18.44% | 18.02% | 4.61% | 51.86% |
| 5 | BHARTIHEXA BHARTI HEXACOM LIMITED NIFTY_MIDNSE | 1,627.00 | 54.47 | ₹81,350.00 Cr | 0.62% | 21.84% | 24.19% | 12.45% | 46.68% |
| 6 | NAUKRI Info Edge (India) Limited NIFTY_MIDNSEAITECH | 1,196.35 | 80.67 | ₹77,573.80 Cr | 1.20% | 4.71% | 3.82% | 11.88% | 483.26% |
| 7 | TATACOMM Tata Communications Limited NIFTY_MIDNSEAI | 1,853.60 | 52.82 | ₹52,827.60 Cr | 0.94% | 15.29% | 29.06% | 11.58% | -17.69% |
| 8 | AFFLE Affle 3i Limited NIFTY_SMALLNSEAI | 1,515.80 | 55.75 | ₹21,336.00 Cr | 0.00% | 15.30% | 12.45% | 23.64% | 22.97% |
| 9 | PFOCUS Prime Focus Limited NSE | 270.50 | -21.52 | ₹20,990.54 Cr | 0.00% | 24.91% | 10.47% | -0.29% | 14.09% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 289.00 Cr | 254.00 Cr | 297.00 Cr | 320.00 Cr | 266.00 Cr | 250.00 Cr | 319.00 Cr | 535.00 Cr | 520.20 Cr | 498.77 Cr | 526.46 Cr | 405.97 Cr | 397.78 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 164.48 Cr | 134.18 Cr | 170.07 Cr | 84.81 Cr | 68.39 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 355.72 Cr | 364.59 Cr | 356.39 Cr | 321.16 Cr | 329.39 Cr |
| Operating Expenses | 262.00 Cr | 221.00 Cr | 271.00 Cr | 284.00 Cr | 265.00 Cr | 226.00 Cr | 295.00 Cr | 498.00 Cr | 341.98 Cr | 381.67 Cr | 355.21 Cr | 314.20 Cr | 297.29 Cr |
| Operating Income | 11.00 Cr | 18.00 Cr | 12.00 Cr | 21.00 Cr | -20.00 Cr | 9.00 Cr | -2.00 Cr | 6.00 Cr | 13.74 Cr | -17.08 Cr | 1.18 Cr | 6.96 Cr | 32.10 Cr |
| EBITDA | 27.00 Cr | 33.00 Cr | 27.00 Cr | 36.00 Cr | 2.00 Cr | 24.00 Cr | 24.00 Cr | 37.00 Cr | 47.83 Cr | 100.29 Cr | 25.88 Cr | 77.95 Cr | 94.21 Cr |
| Interest Expense | 3.00 Cr | 1.00 Cr | 3.00 Cr | 2.00 Cr | 1.00 Cr | 1.00 Cr | 2.00 Cr | 3.00 Cr | 4.80 Cr | 5.15 Cr | 6.77 Cr | 4.34 Cr | 6.23 Cr |
| Pretax Income | 14.00 Cr | 28.00 Cr | 23.00 Cr | 37.00 Cr | 0 | 34.00 Cr | 20.00 Cr | 25.00 Cr | 5.74 Cr | 30.62 Cr | -41.71 Cr | 13.91 Cr | 42.46 Cr |
| Tax Provision | 4.62 Cr | 7.28 Cr | -1.38 Cr | 7.77 Cr | -0 | 10.54 Cr | 3.60 Cr | 11.50 Cr | -8.04 Cr | -5.80 Cr | -7.78 Cr | 5.07 Cr | -13.24 Cr |
| Net Income | 9.00 Cr | 21.00 Cr | 24.00 Cr | 30.00 Cr | 0 | 24.00 Cr | 16.00 Cr | 14.00 Cr | 6.63 Cr | 68.39 Cr | -29.35 Cr | 9.84 Cr | 46.96 Cr |
| Diluted EPS | 0.10 | 0.74 | 0.75 | 0.88 | 0.28 | 0.74 | 0.72 | 0.90 | -0.06 | 1.93 | -0.85 | 0.27 | 1.27 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 211.00 Cr | 190.00 Cr | 172.00 Cr | 170.00 Cr | 248.00 Cr | 454.00 Cr | - | 1,091.02 Cr | 1,138.28 Cr | 1,623.91 Cr | 1,828.98 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 442.11 Cr | 470.29 Cr | 548.49 Cr | 457.45 Cr |
| Gross Profit | - | - | - | - | - | - | - | 648.91 Cr | 667.99 Cr | 1,075.42 Cr | 1,371.53 Cr |
| Operating Expenses | 135.00 Cr | 129.00 Cr | 123.00 Cr | 154.00 Cr | 255.00 Cr | 415.00 Cr | - | 592.12 Cr | 590.81 Cr | 1,039.66 Cr | 1,347.28 Cr |
| Operating Income | 75.00 Cr | 60.00 Cr | 41.00 Cr | -5.00 Cr | -33.00 Cr | 3.00 Cr | - | 56.79 Cr | 77.18 Cr | 35.76 Cr | 24.25 Cr |
| EBITDA | 76.00 Cr | 61.00 Cr | 49.00 Cr | 15.00 Cr | -7.00 Cr | 39.00 Cr | - | 150.67 Cr | 177.23 Cr | 205.50 Cr | 298.32 Cr |
| Interest Expense | 0 | 0 | 2.00 Cr | 1.00 Cr | 1.00 Cr | 1.00 Cr | - | 4.72 Cr | 6.80 Cr | 9.94 Cr | 22.49 Cr |
| Pretax Income | 83.00 Cr | 72.00 Cr | 13.00 Cr | 11.00 Cr | -20.00 Cr | 17.00 Cr | - | 88.80 Cr | 103.44 Cr | 77.87 Cr | 45.27 Cr |
| Tax Provision | 18.26 Cr | 10.80 Cr | 11.96 Cr | 4.18 Cr | -7.40 Cr | 3.06 Cr | - | 25.42 Cr | 13.98 Cr | 15.34 Cr | -21.75 Cr |
| Net Income | 65.00 Cr | 61.00 Cr | 1.00 Cr | 7.00 Cr | -27.00 Cr | 14.00 Cr | - | 39.39 Cr | 56.57 Cr | 75.82 Cr | 95.85 Cr |
| Diluted EPS | 40.32 | 38.14 | 0.12 | 0.80 | -0.10 | 0.38 | - | 1.49 | 2.04 | 2.37 | 27.62 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 200.00 Cr | 265.00 Cr | 465.00 Cr | 509.00 Cr | 752.00 Cr | 1,018.00 Cr | - | 1,701.78 Cr | 2,761.78 Cr | 4,435.47 Cr | 4,371.18 Cr |
| Current Assets | - | - | - | - | - | - | - | 997.43 Cr | 1,898.00 Cr | 1,511.68 Cr | 1,238.39 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | 142.12 Cr | 567.02 Cr | 298.85 Cr | 174.64 Cr |
| Inventory | - | - | - | - | - | - | - | 24.55 Cr | 2.11 Cr | 2.52 Cr | 3.43 Cr |
| Receivables | - | - | - | - | - | - | - | 186.05 Cr | 274.93 Cr | 575.99 Cr | 376.22 Cr |
| Total Liabilities | - | - | - | - | - | - | - | 385.15 Cr | 427.23 Cr | 1,198.13 Cr | 819.48 Cr |
| Current Liabilities | - | - | - | - | - | - | - | 334.33 Cr | 382.19 Cr | 937.38 Cr | 605.42 Cr |
| Long Term Debt | - | - | - | - | - | - | 0 | - | 0 | 91.94 Cr | 48.77 Cr |
| Total Debt | 0 | 0 | 8.00 Cr | 9.00 Cr | 8.00 Cr | 1.00 Cr | - | 38.14 Cr | 27.70 Cr | 218.86 Cr | 214.93 Cr |
| Total Equity | 158.00 Cr | 223.00 Cr | 352.00 Cr | 407.00 Cr | 501.00 Cr | 658.00 Cr | - | 1,104.89 Cr | 1,998.60 Cr | 2,863.05 Cr | 3,473.49 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | 26.47 Cr | 30.62 Cr | 35.05 Cr | 37.05 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 59.00 Cr | 57.00 Cr | 3.00 Cr | 19.00 Cr | -2.00 Cr | 67.00 Cr | - | 8.09 Cr | 90.79 Cr | 65.50 Cr | 148.63 Cr |
| Investing Cash Flow | -6.00 Cr | -61.00 Cr | -17.00 Cr | -60.00 Cr | 18.00 Cr | -270.00 Cr | - | -95.24 Cr | -603.00 Cr | -1,133.95 Cr | -542.48 Cr |
| Financing Cash Flow | -20.00 Cr | 0 | 37.00 Cr | 6.00 Cr | 3.00 Cr | 217.00 Cr | - | 14.52 Cr | 946.27 Cr | 804.92 Cr | 360.88 Cr |
| Capital Expenditure | -2.00 Cr | -1.00 Cr | -2.00 Cr | -6.00 Cr | -7.00 Cr | -2.00 Cr | - | -8.27 Cr | -26.85 Cr | -147.78 Cr | -112.72 Cr |
| Free Cash Flow | 57.00 Cr | 56.00 Cr | 1.00 Cr | 13.00 Cr | -9.00 Cr | 65.00 Cr | - | -18.00 L | 63.94 Cr | -82.28 Cr | 35.91 Cr |
| Net Change in Cash | 33.00 Cr | -5.00 Cr | 24.00 Cr | -35.00 Cr | 19.00 Cr | 14.00 Cr | - | -72.30 Cr | 434.06 Cr | -263.53 Cr | -32.97 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | 59.5% | 58.7% | 66.2% | 75.0% |
| Operating Margin % | 35.5% | 31.6% | 23.8% | -2.9% | -13.3% | 0.7% | - | 5.2% | 6.8% | 2.2% | 1.3% |
| Net Margin % | 30.8% | 32.1% | 0.6% | 4.1% | -10.9% | 3.1% | - | 3.6% | 5.0% | 4.7% | 5.2% |
| ROE % | 41.1% | 27.4% | 0.3% | 1.7% | -5.4% | 2.1% | - | 3.6% | 2.8% | 2.6% | 2.8% |
| ROCE % | - | - | - | - | - | - | - | 4.2% | 3.2% | 1.0% | 0.6% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for NAZARA
Some May Be Optimistic About Nazara Technologies' (NSE:NAZARA) Earnings - simplywall.st
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NAZARA — Frequently Asked Questions
What is the current share price of Nazara Technologies Limited (NAZARA)?
As of 2026-07-15 09:52 IST, Nazara Technologies Limited (NAZARA) trades at ₹313.85 on NSE. Its 52-week range is ₹217.65 to ₹357.60.
What is the market capitalisation of NAZARA?
Nazara Technologies Limited (NAZARA) has a market capitalisation of ₹11,627.04 Cr on NSE.
What is the P/E ratio of NAZARA?
NAZARA trades at a trailing price-to-earnings (P/E) ratio of 11.36. The industry average P/E is 24.46. Its price-to-book (P/B) ratio is 3.88.
What is the return on equity (ROE) of NAZARA?
NAZARA has a return on equity (ROE) of 2.76%. Its return on capital employed (ROCE) is 1.80%.
Is NAZARA a good stock to buy?
This page provides a data-driven analysis of Nazara Technologies Limited (NAZARA), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.