NAZARA
Nazara Technologies Limited (NAZARA) Stock Analysis
Nazara Technologies Limited is an Indian gaming and sports media company with investments in mobile games, eSports, and ad-tech platforms across India and emerging markets. It acquires and scales gaming studios and tournament properties. Revenue mixes in-app purchases, ads, and sponsorships. It is listed on Indian stock exchanges.
Communication Services › Electronic Gaming & Multimedia
₹418.10
+10.72% 1W | +53.60% 52W
Market Cap
17.1k CR
P/E Ratio
–
52W High
₹419.9
52W Low
₹215.7
Div. Yield
0%
Beta
0.2
50 DMA
₹370.2
200 DMA
₹299.7
Profit Margin
-1.3%
Inst. Own.
26.7%
🚀 BREAKOUT
🚀 BREAKOUT
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 254 | 297 | 320 | 266 | 250 | 319 | 535 | 520 | 499 | 526 | 406 | 398 | 429 |
| Expenses | 221 | 271 | 284 | 265 | 226 | 295 | 498 | 491 | 476 | 690 | 338 | 354 | 467 |
| Operating Profit | 33 | 27 | 36 | 2 | 24 | 24 | 37 | 29 | 23 | -164 | 68 | 44 | -38 |
| OPM % | 13% | 9% | 11% | 0.6% | 10% | 8% | 7% | 6% | 4.7% | -31% | 17% | 11% | -9% |
| Other Income | 12 | 14 | 18 | 21 | 26 | 23 | 22 | 9 | 92 | 190 | 10 | 51 | 9 |
| Interest | 1 | 3 | 2 | 1 | 1 | 2 | 3 | 5 | 5 | 7 | 4 | 6 | 4 |
| Depreciation | 15 | 15 | 15 | 22 | 15 | 26 | 31 | 37 | 65 | 61 | 60 | 46 | 48 |
| Profit before tax | 28 | 23 | 37 | 0 | 34 | 20 | 25 | -4 | 46 | -42 | 14 | 42 | -80 |
| Tax % | 26% | -6% | 21% | -200% | 31% | 18% | 46% | -203% | -13% | -19% | 36% | -31% | 3% |
| Net Profit | 21 | 24 | 30 | 0 | 24 | 16 | 14 | 4 | 51 | -34 | 9 | 56 | -82 |
| EPS in Rs | 0.74 | 0.75 | 0.88 | 0.28 | 0.74 | 0.72 | 0.90 | 0.18 | 1.85 | -0.79 | 0.27 | 1.27 | -2.16 |
| Metric | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 211 | 190 | 172 | 170 | 247 | 454 | 622 | 1,091 | 1,138 | 1,624 | 1,829 | 1,759 |
| Expenses | 135 | 129 | 123 | 154 | 255 | 415 | 536 | 989 | 1,040 | 1,509 | 1,857 | 1,849 |
| Operating Profit | 76 | 61 | 49 | 15 | -7 | 39 | 86 | 102 | 99 | 115 | -28 | -90 |
| OPM % | 36% | 32% | 28% | 9% | -3.0% | 9% | 14% | 9% | 9% | 7% | -1.5% | -5% |
| Other Income | 8 | 12 | -26 | 16 | 15 | 14 | 24 | 47 | 65 | 80 | 343 | 259 |
| Interest | 0 | 0 | 2 | 1 | 1 | 1 | 1 | 6 | 8 | 11 | 24 | 21 |
| Depreciation | 1 | 1 | 8 | 20 | 27 | 35 | 39 | 57 | 67 | 118 | 231 | 214 |
| Profit before tax | 83 | 72 | 13 | 11 | -21 | 17 | 70 | 87 | 89 | 66 | 60 | -66 |
| Tax % | 22% | 15% | 92% | 38% | 28% | 18% | 27% | 29% | 16% | 23% | -36% | |
| Net Profit | 65 | 61 | 1 | 7 | -27 | 14 | 51 | 61 | 75 | 51 | 82 | -52 |
| EPS in Rs | 3.23 | 3.05 | 0.12 | 0.80 | -0.10 | 0.38 | 1.09 | 1.49 | 1.85 | 2.16 | 2.59 | -1.41 |
| Dividend Payout % | 31% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 19.0% | 32.0% | 24.0% |
| Profit CAGR | 194.0% | 155.0% | 31.0% |
Shareholding Pattern
Promoters35.45%
FIIs12.63%
DIIs7.18%
Public44.73%
Promoters35.45%
FIIs11.98%
DIIs3.62%
Public48.95%
Promoters35.45%
FIIs13.30%
DIIs2.16%
Public49.08%
Promoters34.25%
FIIs13.23%
DIIs2.39%
Public50.13%
Promoters33.98%
FIIs15.51%
DIIs2.47%
Public48.04%
Promoters19.05%
FIIs8.58%
DIIs8.19%
Public64.19%
Promoters16.43%
FIIs9.44%
DIIs16.80%
Public57.34%
Promoters8.78%
FIIs13.04%
DIIs12.44%
Public65.74%
Promoters35.45%
FIIs13.30%
DIIs2.16%
Public49.08%
Promoters33.98%
FIIs15.51%
DIIs2.47%
Public48.04%
NAZARA
Holdings Analysis
Key strengths & risk signals
73
Overall
50
Fundamental
97
Technical
Risks (2)
Cannot calculate PEG - insufficient growth data.
OVERBOUGHT! RSI at 74.1 - caution, may pull back.
Strengths (3)
BULLISH TREND! 50-day average (370.2) is above 200-day average (299.7) - positive signal.
BREAKOUT! Stock has broken above resistance levels with momentum.
EXCELLENT YEAR! Stock gained 53.6% in the last year.
Fundamental & Technical Analysis
73Overall
50Fundamental
97Technical
Fundamental Breakdown
Growth Quality
28/30
Revenue CAGR: 18.8% (VERY GOOD, 13/15). Profit CAGR: 34.5% (EXCELLENT, 15/15).
Profit Margin
2/10
LOW MARGIN! -1.3% profit margin - thin profits.
PEG Valuation
0/10
Cannot calculate PEG - insufficient growth data.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
5/20
TOO MUCH PUBLIC HOLDING! 61.7% public ownership - higher volatility risk.
Stability Index
2/10
CAUTION! Company made loss in last quarter. Be careful.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (370.2) is above 200-day average (299.7) - positive signal.
Price Position
8/10
STRONG POSITION! Current price (418.1) is above both moving averages.
Trend Pattern
20/20
BREAKOUT! Stock has broken above resistance levels with momentum.
52W Performance
10/10
EXCELLENT YEAR! Stock gained 53.6% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 19 up days, 11 down days. Avg volume on up days: 1,883,153 vs down days: 1,134,221. Ratio: 1.66x
RSI
2/5
OVERBOUGHT! RSI at 74.1 - caution, may pull back.
52W Range
5/5
STRONG! Trading at 99.1% of 52W range - near yearly highs.
Momentum
5/5
STRONG MOMENTUM! Price has grown across all timeframes - up 10.7% (1 week), 19.1% (1 month), 37.3% (3 months). Momentum is accelerating.
Beta
5/5
LOW VOLATILITY! Beta of 0.20 - stable stock, less market risk.
NAZARA
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-06 | Concall PDF | |
| Q4FY262026-05-19 | Concall PDF | |
| Q3FY262026-02-10 | Concall PDF | |
| Q2FY262025-11-17 | Concall PDF |
Peer Comparison
Communication Services · Electronic Gaming & Multimedia · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NAZARA | ₹418.10 | – | -1.3% | 18.8% | 34.5% | +53.6% | 73 | BREAKOUT | -249.3% | -270.0% | -14.0% | +7.8% |
| PVRINOX | ₹1,401.00 | 50.6 | 6.5% | 20.9% | – | +26.4% | 69 | APPROACHING RESISTANCE | -204.6% | -69.7% | +11.9% | +4.8% |
| SAREGAMA | ₹504.00 | 43.8 | 21.3% | 10.6% | 3.8% | +11.5% | 75 | BREAKOUT | +40.6% | -31.6% | +27.5% | -8.3% |
| TIPSMUSIC | ₹746.90 | 42 | 54.5% | 26.2% | 41.5% | +40.2% | 92 | BREAKOUT | -4.6% | -26.1% | +20.9% | +2.5% |
| RAILTEL | ₹255.40 | 23.7 | 8.1% | 29.8% | 22.5% | -31.1% | 70 | APPROACHING RESISTANCE | -0.5% | -53.6% | +20.1% | -46.5% |
| ZEEL | ₹71.80 | 33.9 | 2.5% | 0.0% | 78.8% | -30.9% | 61 | BOUNCE FROM SUPPORT | -46.9% | -174.5% | +4.5% | -5.8% |
| TTML | ₹33.50 | 176.6 | 3.2% | 1.5% | – | -39.7% | 48 | APPROACHING SUPPORT | -77.8% | -112.4% | +6.1% | +2.1% |
| JUSTDIAL | ₹713.20 | 11.6 | 40.5% | 12.8% | 45.1% | -13.6% | 85 | BREAKOUT | +4.1% | +66.2% | +9.9% | +6.6% |
Data from TradeAlone · Updated daily
NAZARA News
Nazara Technologies Limited (nazara) Q2fy27: Revenue Up 53% to INR 803 Crore2026-10-26Nazara Technologies Limited (nazara) Unveils the Traitors: Interactive Game on IOS2026-10-05Nazara Technologies Limited Launches Bodycam in Fortnite2026-09-11Nazara Technologies Limited to Raise ₹733.5 Crore Through Preferential Issue2026-08-06Nazara Technologies Limited (NSE: NAZARA) clears resistance, moves up 11% intraday2026-07-31Nazara Technologies Limited (NSE: NAZARA) breaks out, gains 8% intraday2026-07-31Nazara Technologies Limited (nazara) Reports Highest-ever Ebitda in FY26 as its Global Gaming Platform Scales2026-05-12
