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Earnings Call

Nazara Technologies Earnings Call: Key Takeaways

Nazara delivered a record FY26 with a 66% EBITDA jump, shifting its mix heavily toward gaming which now contributes 90% of EBITDA.

Why this was an Alfa AlertNot a filter event. Results indicate strong growth but do not confirm a material beat against prior specific guidance.
Highlights
Revenue growthFY26 revenue up 13% YoY to ₹1,829cr, driven by gaming.
MarginsEBITDA margins expanded significantly, reaching 19.5% in Q4 FY26.
Demand visibilityStrong growth in casual gaming and expansion into Global South.
Management confidenceHigh; emphasizing operational leverage and AI-driven efficiency gains.

Growth

FY26 revenue grew 13% to ₹1,829cr; EBITDA margins nearly doubled YoY in Q4 reaching 19.5%.

Outlook

EBITDA expected to double in FY27 following BlueTile consolidation; targeting $100-200m fundraising for Nodwin.

Risks

Google core updates hurt Sportskeeda traffic; Nodwin goodwill write-off impacted associate losses; regulatory approvals for acquisitions pending.

Source

Earnings Call filed with NSE, NSE: NAZARA. Summary written with AI assistance from the document.

Read the document ↗

Nazara Technologies Ltd: key numbers

Share price
₹376.45
Market cap
₹14,482 Cr
Revenue (annual)
₹1,829 Cr
Net profit (annual)
₹95.85 Cr
P/E (TTM)
-276.0×Sector 22.1×
Promoter holding
33.98%-1.48% QoQ
FII holding
15.51%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Nazara Technologies Ltd

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18:13 IST BSE
Annual General Meeting

Nazara Technologies Annual General Meeting

Nazara Technologies Ltd held its 27th Annual General Meeting on September 25, 2026, transacting ordinary business including financial statement adoption and director re-appointment.

15:54 IST BSE
Debt & Borrowing

Nazara Technologies Debt & Borrowing: ₹28 Cr

Nazara Technologies extended an unsecured loan of up to ₹28.00 Crore to its wholly-owned subsidiary Smaaash Entertainment. The funds support working capital and capital expenditure needs.

Value
₹28.00 Cr
17:43 IST BSE
Management Change

Nazara Technologies Management Change

Nazara Technologies has appointed Mr. Raymond Albaladejo Stauffer as CEO, effective September 16, 2026. Mr. Nitish Mittersain continues as Managing Director.

15:27 IST BSE
Other Announcement

Nazara Technologies Other Announcement

Nazara Technologies Ltd filed its quarterly shareholding pattern for the quarter ended June 30, 2026. The submission provides the breakdown of promoter and public shareholding.

13:49 IST BSE
Product Launch

Nazara Technologies Product Launch

Nazara Technologies launched Bodycam UEFN, an official Bodycam game adaptation on Fortnite's UEFN platform. The free-to-play multiplayer experience introduces the franchise to new players globally.

19:11 IST BSE
Capital Structure Change

Nazara Technologies Capital Structure Change

Nazara Technologies revised its preferential issue size to ₹730.78 Crore following the exclusion of an allottee from the previously announced issuance.

Value
₹730.8 Cr