| Revenue growth | Q2 +53% consolidated; organic gaming +11%. |
|---|---|
| Margins | Consolidated margin 14.9% (+311 bps); Gaming 21.5%; Offline 26.2%. |
| Demand visibility | Bluetile Aug–Sep revenue +49%, EBITDA +64%; Wildworks +41%. |
Growth
Gaming revenue +122% to INR 656 Cr; organic gaming EBITDA +17%. Q2 PAT INR 35 Cr vs prior loss.
Outlook
No explicit FY27 growth guidance. Five new Funky Monkeys centres planned in FY27; Smaaash 2.0 launch pending approvals.
Risks
Advertising spend rose to INR 417 Cr; Smaaash margins compressed; Datawrkz anchor client pausing ad spend in H2.
Last quarter's promises, checked
Delivered
- Bluetile consolidated from Q2 FY27 → consolidated from 1-Aug-26 (= BEAT)
- Sovereign Tower launch 'later this week' → launched in Q2 (= BEAT)
- Traitors launch 'soon' → launched in Q2 (= BEAT)
Partly delivered
- Curve margin back to ~40% (FY26 level) → 38.9% in Q2, from 27% in Q1 (= PARTIAL)
Missed
- SMAAASH 2.0 launch Q4 FY27 → delayed pending regulatory approvals (= MISS)
Investor Presentation filed with NSE, NSE: NAZARA. Summary written with AI assistance from the document.
Nazara Technologies Ltd: key numbers
- Share price
- ₹400.95
- Market cap
- ₹16,382 Cr
- Revenue (annual)
- ₹1,829 Cr
- Net profit (annual)
- ₹95.85 Cr
- P/E (TTM)
- 1244.8×Sector 23.0×
- 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 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 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
Nazara Technologies Other Announcement
Nazara Technologies Ltd has submitted its quarterly shareholding pattern for the period ended September 30, 2026. This is a routine regulatory filing.
Nazara Technologies Board Meeting Date
Nazara Technologies will hold a board meeting on October 26, 2026, to consider and approve its unaudited financial results for the quarter and half-year ended September 30.