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Nazara Technologies Limited

Nazara Technologies Limited

NSE: NAZARA
Electronic Gaming & MultimediaCommunication ServicesMID CAPMCap ₹17.08k Cr
₹418.15₹11.45 (+2.82%)

Market Closed • NSE

Market cap₹17.08k Cr
Enterprise value₹14.61k Cr
Forward P/E65.17
P/B5.28
EPS TTM₹-1.46
Forward EPS₹6.42
ROCE27.10%
D/E0.06
Dividend yield0.00%
Face value₹2.00
52W high₹419.90
52W low₹215.70
Price chart(1Y)
1Y Return:+46.28% (+₹132.30)
H: ₹419.9L: ₹283
1W+3.32%
1M+15.34%
3M+35.19%
6M+53.64%
1Y+57.94%
Today at a glance

Day range

₹405.60₹419.90

52 week range

₹215.70₹419.90
Volume1.80M0.97x 20D avg
Free float50.00%-2.70% volume

Nazara Technologies Limited closed at INR418.15 (+2.82%) on volume 0.97x its 20-day average, trading 0.42% below its 52-week high.

Technical analysis
RSI (14)73.8Overbought
MACDBULLISHBullish (Above signal)
ATR (14)₹13.54High
SMA 20₹385.45BULLISH
SMA 50₹370.82BULLISH
SMA 100₹335.87BULLISH
SMA 200₹300.85BULLISH
CPR bottom₹404.68
Pivot₹405.35
CPR top₹406.02
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -242.7% QoQ

2025-09-26

BONUS Announced

Bonus 1:1

2025-09-26

DIVIDEND Announced

Face Value Split (Sub-Division) - From Rs 4/- Per Share To Rs 2/- Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹215.0 Cr₹17.08k Cr1.26%≤ 33%PASS
Non-halal income ratio–₹1.83k Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹4.34k Cr—≥ 20%PASS
Receivables ratio–₹4.34k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E—18.30
Forward P/E65.17—
P/B5.281.50
EV/EBITDA—18.00
PEG—1.40
Earnings yield—5.50
Growth & profitability
RevenuePAT
FY25PAT margin 3.10%
FY26PAT margin 4.50%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+4.00%
Revenue CAGR 5Y+2.40%
PAT CAGR 3Y+17.20%
PAT CAGR 5Y+1.60%
Operating margin-0.29%
Net margin-1.29%
Financial health & cash flow
Net debt₹215.0 CrModerate
Interest coverage-1.20xEBIT / interest
CFO / PAT1.43x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹149.0 Cr
Capital expenditure–
Free cash flow₹149.0 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall70/100
Valuation50/100
Profitability80/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 27.1%

Low Debt Profile: Debt-to-Equity is comfortable at 0.06x

High Cash Flow Conversion: CFO/PAT averaged 1.43x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Electronic Gaming & Multimedia.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · June 2025

Ownership distribution

Jun 2025Latest holding

Category trends

Hover over a period for exact holdings

70%47%23%0%Dec 2024Jun 2025
17.98%Institutional holding
48.04%Public holding
2Periods available
0.00%Promoter pledged
1.01LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
26 Sept 2025Bonus issue1:1 bonus ratio—26 Sept 2025
26 Sept 2025Dividend₹4.00 / share—26 Sept 2025
27 Jun 2022Bonus issue1:1 bonus ratio—24 Jun 2022
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)46.95%-7.37% latest vs average
Highest delivery71.99%on 23 Sept
Average volume (20D)1.85MTrading-session average
Conviction trendWeakening-7.37% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Bharti Airtel Limited
Bharti Airtel LimitedBHARTIARTL
Open analysis
₹11.88L39.821.29%₹58,539.00₹10,012.00+18.35%+34.90%
Vodafone Idea Limited
Vodafone Idea LimitedIDEA
Open analysis
₹1.36L3.650.00%₹11,539.00-₹3,712.00+5.80%+44.04%
Indus Towers Limited
Indus Towers LimitedINDUSTOWER
Open analysis
₹1.01L14.133.67%₹8,431.10₹1,745.80+4.64%+0.52%
Info Edge (India) Limited
Info Edge (India) LimitedNAUKRI
Open analysis
₹81,945.2851.301.17%₹881.00₹490.00+11.38%+42.86%
BHARTI HEXACOM LIMITED
BHARTI HEXACOM LIMITEDBHARTIHEXA
Open analysis
₹81,095.0044.471.09%₹2,510.00₹482.00+10.91%+22.96%
Tata Communications Limited
Tata Communications LimitedTATACOMM
Open analysis
₹49,684.7345.080.99%₹6,583.00₹130.00+10.45%-31.58%
Sun TV Network Limited
Sun TV Network LimitedSUNTV
Open analysis
₹25,142.6016.433.18%₹882.51₹232.02-6.30%-37.43%
Affle 3i Limited
Affle 3i LimitedAFFLE
Open analysis
₹20,220.5842.460.00%₹747.00₹128.00+20.29%+20.75%
About Nazara Technologies Limited
Nazara Technologies Limited

Nazara Technologies is the leading India based diversified gaming and sports media platform with presence in India and across emerging and developed global markets such as Africa and North America, and offerings across the interactive gaming, eSports and gamified early learning ecosystems.

IndiaCommunication Services

Questions investors ask
Is Nazara Technologies Limited Shariah compliant?

Nazara Technologies Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (1.26%) complies with AAOIFI threshold (≤ 33%).

What is Nazara Technologies Limited's current valuation relative to peers?

Nazara Technologies Limited trades at a P/E of N/A compared to the sector median of 18.3x, and a Price-to-Book of 5.3x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.06x. Interest coverage is -1.2x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 2.4% while net profit growth averaged 1.6%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.