ALFA Finder| Management target | Revenue 30.0% FY27 |
|---|
| Revenue growth | 9% comparable YoY growth; Gaming segment +14% YoY. |
|---|---|
| Margins | Gaming EBITDA margin at 19.5%; overall 10.8% post-deconsolidation. |
| Demand visibility | Strong growth in Kiddopia (19%) and Fusebox (12%). |
| Management confidence | High; strengthening leadership and accelerating accretive acquisitions. |
Growth
Consolidated revenue declined 14% YoY due to NODWIN deconsolidation; however, comparable revenue grew 9% and gaming segment revenue rose 14% to INR 275 Cr.
Outlook
Bluetile/BestPlay consolidation from Q2FY27 expected to materially increase scale; these businesses reported INR 518 Cr revenue in Q1FY27.
Risks
Reported PAT loss of INR 82 Cr driven by share of loss from associates (INR 62 Cr) and impairment (INR 22 Cr).
Last quarter's promises, checked
Delivered
- Consolidate Bluetile/BestPlay from Q1FY27 → Consolidated from Q1FY27 (= BEAT)
- Launch at least 6 new releases in FY27 → Several new games launched in Bluetile (= BEAT)
- Increase Kiddopia subscriber growth → Kiddopia revenue grew 19% YoY (= BEAT)
Partly delivered
- EBITDA to double on pro-forma basis with Bluetile → Q1 EBITDA margin 10.8% vs 19.5% prev (= PARTIAL)
Investor Presentation filed with NSE, NSE: NAZARA. Summary written with AI assistance from the document.
Nazara Technologies Ltd: key numbers
- Share price
- ₹425.40
- Market cap
- ₹17,381 Cr
- Revenue (annual)
- ₹1,829 Cr
- Net profit (annual)
- ₹95.85 Cr
- P/E (TTM)
- 1320.8×Sector 23.7×
- Promoter holding
- 32.00%-2.25% QoQ
- FII holding
- 15.42%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Nazara Technologies Ltd
All →Nazara Technologies Acquisition Worth ₹731.5 Cr
Nazara paid a USD 77 million second tranche, about ₹731.50 Crore, for Bluetile and Bestplay. The balance consideration will be discharged per the Amended SPA later.
- Value
- ₹731.5 Cr
Nazara Technologies Earnings Call Transcript: Key Takeaways
Nazara reported record Q2 revenue driven by the strategic consolidation of BlueTriton and Bestplay. Management is pivoting toward an AI-led 'Global Gaming Platform' model to drive efficiency.
Nazara Technologies Investor Presentation: Key Takeaways
Q2FY27 consolidated revenue INR 803 Cr (+53%), EBITDA INR 120 Cr (+93%), margin 14.9%. Bluetile consolidated from 1-Aug-26.
Nazara Technologies Results Update
Nazara Technologies reported record Q2FY27 revenue of INR 803 crore, up 53%, and EBITDA of INR 120 crore, up 93%. The press release also covers the first quarter with Bluetile and BestPlay consolidated.
Nazara Technologies Q2 FY27 Results: Turns Profitable, Net Profit ₹35.4 Cr
Nazara Technologies Ltd reported revenue from operations of ₹803.1 Cr (+52.5% YoY) and net profit of ₹35.4 Cr for Q2 FY27.
- Key figure
- Net profit ₹35.4 Cr
Nazara Technologies Preferential Issue
Nazara Technologies approved the preferential allotment of 2.39 crore equity shares for Rs. 730.78 Crore. This capital raise was issued to strategic investors.
- Value
- ₹730.8 Cr