Nazara Technologies
- Market cap
- ₹ 14,878 Cr.
- P/E
- 79.3x
- P/B
- 4.14x
- 52-week range
- 215.7 – 419.9
- ROE
- 30%
- ROCE
- 27%
- Dividend yield
- 0%
- Debt / equity
- 0.06
- Sector
- Entertainment
- Industry
- Digital Entertainment
- Listed on
- NSE, BSE
About
Nazara Technologies Limited is an India-based gaming and electronic sports (esports) company, with majority ownership of several gaming and esports brands with presence in India, the United States, and other global markets. The Company's segments include Gaming, eSports and Ad tech. In esports, it has esports platform NODWIN Gaming and Sportskeeda/Pro Football Network in the sports media space. Its offerings in the interactive gaming business include gamified early learning ecosystems like Kiddopia and Animal Jam, an IP based gaming studio Fusebox, cricket simulation franchise, World Cricket Championship, and a portfolio of casual games distributed through telco partnerships in many emerging markets. It controls Datawrkz, a digital ad tech company supporting its portfolio companies and external clients with demand-side user acquisition and supply-side ad monetization services. Its subsidiary, Funky Monkeys Play Centers Private Limited, provides indoor soft play centers for children.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Digital Entertainment: 4 companies →Nazara Technologies against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)79.3 against a typical 49.6: pricier than most peers (1st = cheapest).3rd of 4
- Sales growth−14% against a typical +17.3% from a year earlier.3rd of 3
- Profit growth−260.8% against a typical +27.8% from a year earlier.3rd of 3
- Share price, 3 months+32% against a typical +8.9%.1st of 4
- Size₹ 14,878.4 Cr. market value against a typical ₹ 225.6 Cr. (1st = largest).1st of 4
Latest announcements
Exchange filings and their impact on the company.
- Nazara board approved Q2 FY27 results with no other material decision disclosed.
Nazara Technologies board on October 26, 2026 approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The extractable filing text did not include detailed revenue or profit figures. The board also approved a revised policy for determination of materiality and updated KMP authorisation for disclosures.
- Nazara raised Rs 731 cr via new shares to fund a Rs 743 cr UK payout for overseas gaming buys during a founder-CEO and CFO handover.
Nazara's board allotted 2.39 crore shares at Rs 306 each to raise about Rs 731 cr, lifting total shares to 40.86 crore. It will invest up to $77 million (about Rs 742.7 cr) in its UK arm to pay the second tranche for Bluetile Games and Bestplay, and convert about Rs 129 cr and GBP 23 million of loans to two wholly owned subsidiaries into equity. Founder Nitish Mittersain moves from Managing Director to non-executive director, Mithun Sacheti becomes Executive Director, and CFO Rakesh Shah leaves with Arun Agrawal taking over, as professionals lead the next phase.
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 12 Oct 2026 | Preferential issue | Allotted | ₹ 730.78 Cr. | ₹ 306 | +31.03% |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 26 Oct 2026 | Financial Results | Nazara Technologies Ltd has informed the exchange about the meeting of the Board of Directors of the Company to be held on 26/10/2026 ,inter alia, to consider and approve Unaudited Financial Results (Consolidated and Standalone) of the Company for the quarter and half-year ended September 30, 2026. |
| 6 Aug 2026 | Fund Raising | Nazara Technologies Limited informs the exchange about the Board Meeting to be held on Thursday, August 06, 2026 to consider and approve the proposal of raising of funds. |
| 3 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 12 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 30 Mar 2026 | Fund Raising/Other business matters | Nazara Technologies Limited informs the exchange about the Board Meeting to be held on Monday, March 30, 2026 to consider and approve the proposal of raising of funds and other related matters. |
| 3 Feb 2026 | Financial Results | To consider and approve the financial results for the quarter and nine months ended December 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 297 | 320 | 266 | 250 | 319 | 535 | 520 | 499 | 526 | 406 | 398 | 429 |
| Expenses | 271 | 284 | 265 | 226 | 295 | 498 | 491 | 476 | 690 | 338 | 354 | 467 |
| Operating Profit | 27 | 36 | 2 | 24 | 24 | 37 | 29 | 23 | −164 | 68 | 44 | −38 |
| OPM % | 9% | 11% | 0.6% | 10% | 8% | 7% | 6% | 4.7% | −31% | 17% | 11% | −9% |
| Other Income | 14 | 18 | 21 | 26 | 23 | 22 | 9 | 92 | 190 | 10 | 51 | 9 |
| Interest | 3 | 2 | 1 | 1 | 2 | 3 | 5 | 5 | 7 | 4 | 6 | 4 |
| Depreciation | 15 | 15 | 22 | 15 | 26 | 31 | 37 | 65 | 61 | 60 | 46 | 48 |
| Profit before tax | 23 | 37 | 0 | 34 | 20 | 25 | −4 | 46 | −42 | 14 | 42 | −80 |
| Tax % | −6% | 21% | −200% | 31% | 18% | 46% | −203% | −13% | −19% | 36% | −31% | 3% |
| Net Profit | 24 | 30 | 0 | 24 | 16 | 14 | 4 | 51 | −34 | 9 | 56 | −82 |
| EPS in Rs | 0.75 | 0.88 | 0.28 | 0.74 | 0.72 | 0.9 | 0.18 | 1.85 | −0.79 | 0.27 | 1.27 | −2.16 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 24%
- 5 Years
- 32%
- 3 Years
- 19%
- TTM
- −6%
- 10 Years
- 31%
- 5 Years
- 155%
- 3 Years
- 194%
- TTM
- −267%
- 10 Years
- —
- 5 Years
- 12%
- 3 Years
- 27%
- TTM
- —
- 10 Years
- 12%
- 5 Years
- 13%
- 3 Years
- 15%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Nazara Technologies | ₹ 400.95 | ₹ 14,878 Cr. | 79.3x | 4.1x | 30% | — |
| Tata Consultancy Services | ₹ 2,528.00 | ₹ 9,14,653 Cr. | 15.7x | 7.7x | 48% | 18.2% |
| Infosys | ₹ 1,154.50 | ₹ 4,68,523 Cr. | 14.8x | 4.8x | 31.2% | 16.5% |
| HCL Technologies | ₹ 1,424.00 | ₹ 3,86,426 Cr. | 18.8x | 4.4x | — | 13% |
| Tech Mahindra | ₹ 1,789.40 | ₹ 1,75,385 Cr. | 27.9x | 5.2x | — | 8.7% |
| Billionbrains Garage Ventures | ₹ 181.65 | ₹ 1,13,960 Cr. | 61.3x | 13.3x | — | 46.5% |
Management
- Nitish Vikash Mittersain
- Chief Executive Officer, Managing Director, Executive Director
- Rakesh Shah Gupta
- Chief Financial Officer
- Senthil Govindan
- Founder and Chief Executive Officer, Datawrkz Business Solutions Private Limited
- Ajay Pratap Singh
- Chief Executive Officer - Absolute Sports Private Limited
- Arun Shiva Bhandari
- Company Secretary, Compliance Officer
- Rohit Sharma
- Additional Whole-time Director
- Anupriya Sinha Das
- Head of Corporate Development, Nazara Technologies
- Anirudh Kumar
- Chief Strategy Officer, Absolute Sports Private Limited
Prices are delayed and for information only. Nothing on this page is investment advice.