Nazara Technologies Limited (NAZARA.NS)
Mumbai, IN
Nazara Technologies Limited, an Indian company established in 1999 and headquartered in Mumbai, functions as a leading platform in the gaming and sports media sectors, with operations spanning both its home country and international markets. The firm strategically engages across distinct business verticals, which include educational gaming for young children, competitive electronic sports, free-to-play game models, subscription services via telecom operators, and skill-based games involving real money. The company's offerings feature an array of interactive gaming experiences, comprehensive e-Sports ecosystems, and engaging gamified learning environments for early education. Additionally, Nazara is involved in providing subscriptions and downloads for a variety of digital content. It holds ownership of several prominent intellectual properties; these encompass popular mobile games such as World Cricket Championship and CarromClash, the educational application Kiddopia, leading eSports brands like Nodwin and Sportskeeda, and skill-based fantasy and trivia platforms such as Halaplay and Qunami.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.30% | -2.92% | +3.57% | -4.69% | -2.80% | -2.76% | -12.87% | +87.65% | +27.41% | +33.67% | +33.67% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 4 | 0 |
| Hold | 2 | 0 |
| Sell | 2 | 0 |
| Strong Sell | 1 | 0 |
-
Revenue growth Electronic Gaming & Multimedia: +4.1%+12.6% ★ Q1'26: -23.5% (vs Q1'25)
-
EPS growth Electronic Gaming & Multimedia: +20.0%-44.5% Q1'26: +225.6% (vs Q1'25)
-
FCF margin FCF growth · Electronic Gaming & Multimedia: +41.4%+3.2% ★ Q1'26: +0.0% (vs Q1'25)
-
EBIT margin Electronic Gaming & Multimedia: +10.3%+1.0% Q1'26: +7.2% (vs Q1'25)
-
ROIC Electronic Gaming & Multimedia: +6.6%+0.6% Q1'26: +3.8% (vs Q1'25)
-
Share dilution Electronic Gaming & Multimedia: +0.0%+128.9% Q1'26: +131.4% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Electronic Gaming & Multimedia: -1.53×0.86× ★ Q1'26: 0.73× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 9 Rev. Ana. 4 EPS Ana. |
Mar 2027 8 Rev. Ana. 3 EPS Ana. |
Mar 2028 6 Rev. Ana. 4 EPS Ana. |
Mar 2029 5 Rev. Ana. 2 EPS Ana. |
Mar 2030 3 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
6.22B
est: 6.23B (-0.1%)
|
10.91B
est: 10.91B (+0.0%)
|
11.38B
est: 11.34B (+0.4%)
|
16.24B
est: 16.12B (+0.8%)
|
19.22B
18.28B – 20.76B
+19.3% YoY
|
20.05B
15.32B – 30.22B
+4.3% YoY
|
23.31B
22.88B – 23.74B
+16.2% YoY
|
43.16B
32.96B – 65.04B
+85.1% YoY
|
27.30B
20.85B – 41.14B
-36.7% YoY
|
| EBITDA |
1.11B
est: 907.59M (+21.9%)
|
1.52B
est: 1.59B (-4.6%)
|
1.80B
est: 1.65B (+9.1%)
|
2.13B
est: 2.35B (-9.2%)
|
2.80B
2.66B – 3.03B
+19.3% YoY
|
2.92B
2.23B – 4.41B
+4.3% YoY
|
3.40B
3.33B – 3.46B
+16.2% YoY
|
6.29B
4.80B – 9.48B
+85.1% YoY
|
3.98B
3.04B – 6.00B
-36.7% YoY
|
| EBIT |
716.00M
est: 503.50M (+42.2%)
|
947.00M
est: 882.28M (+7.3%)
|
1.13B
est: 917.00M (+23.6%)
|
955.10M
est: 1.30B (-26.7%)
|
1.55B
1.48B – 1.68B
+19.3% YoY
|
1.62B
1.24B – 2.44B
+4.3% YoY
|
1.89B
1.85B – 1.92B
+16.2% YoY
|
3.49B
2.67B – 5.26B
+85.1% YoY
|
2.21B
1.69B – 3.33B
-36.7% YoY
|
| Net Income |
284.00M
est: 207.44M (+36.9%)
|
393.90M
est: 325.06M (+21.2%)
|
565.70M
est: 1.94B (-70.9%)
|
753.50M
est: 586.58M (+28.5%)
|
910.00M
26.64M – 2.33B
+55.1% YoY
|
706.99M
649.70M – 764.29M
-22.3% YoY
|
1.07B
840.08M – 1.31B
+51.7% YoY
|
2.14B
1.48B – 3.55B
+99.6% YoY
|
—
— – —
-100.0% YoY
|
| SGA |
2.19B
est: 2.70B (-19.0%)
|
4.62B
est: 4.73B (-2.3%)
|
4.41B
est: 4.91B (-10.2%)
|
7.77B
est: 6.98B (+11.3%)
|
8.33B
7.92B – 8.99B
+19.3% YoY
|
8.69B
6.64B – 13.09B
+4.3% YoY
|
10.10B
9.91B – 10.29B
+16.2% YoY
|
18.70B
14.28B – 28.18B
+85.1% YoY
|
11.83B
9.03B – 17.83B
-36.7% YoY
|
| EPS |
1.14
est: 1.30 (-12.2%)
|
3.00
est: 1.98 (+51.9%)
|
4.08
est: 10.35 (-60.6%)
|
4.72
est: 3.12 (+51.2%)
|
10.10
0.17 – 14.56
+223.6% YoY
|
4.41
4.07 – 4.78
-56.3% YoY
|
6.48
5.26 – 8.17
+46.9% YoY
|
13.40
9.29 – 22.23
+106.9% YoY
|
—
— – —
-100.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-11 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-08 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-07 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-06 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-05 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-04 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-30 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-29 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-28 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-27 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-24 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-23 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-22 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-21 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-20 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-17 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-16 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | The India Internet ETF INQQ | 1.82% | 787.1K | 0.86% |
| 2 | State Street SPDR S&P Emerging Markets Small Cap ETF EWX | 0.05% | 372.5K | 0.65% |
| 3 | State Street SPDR Portfolio MSCI Global Stock Market ETF SPGM | 0.01% | 179.3K | 0.09% |
| 4 | State Street SPDR Portfolio Emerging Markets ETF SPEM | 0.00% | 742.8K | 0.07% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Nitish Vikash Mittersain | Founder, Joint MD & Executive Director and Chief Executive Officer | 39M | male |
| Vikash Pratapchand Mittersain | Chairman & MD | 15M | male |
| Arun Bhandari | Company Secretary & Compliance Officer | — | male |
| James Savio Saldanha | Chief Executive Officer of Nazara Digital | — | male |
| Anupriya Sinha Das | Head of Corporate Development | — | female |
| Pratik Shah | Chief Executive Officer of Mastermindsports | — | male |
| Rakesh Shah | Chief Financial Officer | — | male |
| Rohit Sharma | Executive Director | — | male |
| Anshu Dhanuka | Co-Founder & Chief Product Officer of Paper Boat | — | female |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for NAZARA.NS
Short-term intention
Target Price Distribution
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