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.
Nazara Technologies is a leading India based diversified gaming and sports media platform with a presence in India and across emerging and developed global markets such as Africa and North America, with offerings across the interactive gaming, eSports and gamified early learning ecosystems. The company owns some of the most recognisable IP, including WCC and CarromClash in mobile games, Kiddopia in gamified early learning, Nodwin and Sportskeeda in eSports and eSports media, and Halaplay Technologies Private Limited (“Halaplay”) and Qunami in skill-based, fantasy and trivia games. Nazara was among the first entrants in the Indian market in eSports (through Nodwin) and cricket simulation (through Nextwave).
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Nazara Technolo. | 282.35 | 394.87 | 10460.08 | 0.00 | -966.95 | -153.42 | 18.02 | 168.15 | 0.99 | 58.05 | -65.06 | 26.49 | -6.80 | 4.68 | 0.86 | 0.02 |
| 2. | B.A.G. Converge. | 120.25 | 22.58 | 255.16 | 0.00 | 6.03 | 45.65 | 21.86 | 58.75 | 89.63 | 43.72 | 41.13 | 11.30 | 6.03 | – | 30.27 | 0.00 |
| 3. | 7Seas Enter. | 75.40 | 80.15 | 168.31 | 0.00 | 0.55 | 37.50 | 5.01 | 28.46 | 12.03 | 18.74 | 14.62 | 2.10 | 0.55 | 8.47 | 10.76 | 0.07 |
| 4. | Bodhi Tree | 8.22 | 22.11 | 148.37 | 0.00 | 3.05 | 46.93 | 23.40 | 67.02 | 22.43 | 98.60 | 12.59 | 6.71 | 2.63 | 1.85 | 6.41 | 0.32 |
| – | Median: 4 Co. | 97.83 | 51.37 | 211.74 | 0.0 | 1.8 | 41.58 | 19.94 | 62.88 | 17.23 | 50.88 | 13.61 | 9.01 | 1.59 | 4.68 | 8.59 | 0.05 |
Standalone figures in ₹ crores
| Dec 2022 | Dec 2023 | Dec 2024 | Jun 2023 | Jun 2024 | Jun 2025 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 6 | 5 | 7 | 5 | 8 | 20 | 6 | 6 | 13 | 6 | 7 | 7 | 18 |
Expenses | 10 | 10 | 20 | 8 | 14 | 21 | 22 | 125 | 17 | 28 | 12 | 12 | 38 |
Operating Profit | -4 | -5 | -13 | -4 | -6 | -1 | -16 | -119 | -4 | -22 | -5 | -5 | -20 |
Other Income | 7 | 13 | 15 | 7 | 19 | 26 | 5 | 18 | 14 | 11 | 7 | 18 | -946 |
Profit before tax | 2 | 7 | 1 | 2 | 12 | 19 | -11 | -102 | 6 | -12 | 1 | 12 | -973 |
Tax % | 8% | 13% | -17% | 22% | 22% | -47% | 6% | 3% | 37% | 19% | 61% | -9% | -1% |
Net Profit | 2 | 6 | 2 | 2 | 10 | 28 | -12 | -105 | 4 | -15 | 1 | 13 | -967 |
EPS in Rs | 0.08 | 0.20 | 0.05 | 0.06 | 0.31 | 0.75 | -0.45 | -3.44 | 0.12 | -0.56 | 0.02 | 0.42 | -26.10 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2011 | Mar 2012 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 31 | 46 | 117 | 77 | 66 | 43 | 46 | 33 | 20 | 23 | 23 | 34 | 58 |
Expenses | 21 | 32 | 96 | 69 | 104 | 52 | 37 | 37 | 64 | 68 | 156 | 63 | 96 |
Operating Profit | 10 | 14 | 21 | 8 | -37 | -8 | 9 | -4 | -43 | -45 | -133 | -29 | -38 |
Other Income | 1 | 2 | 24 | 6 | 35 | 12 | 7 | 9 | 13 | 27 | 45 | 66 | -891 |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 2 | 1 | 2 |
Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 5 | 5 | 4 | 3 | 2 | 5 | 15 |
Profit before tax | 10 | 15 | 44 | 13 | -4 | 3 | 10 | -1 | -35 | -21 | -92 | 32 | -946 |
Net Profit | 7 | 10 | 32 | 9 | -10 | 2 | 7 | 1 | -34 | -24 | -98 | 28 | -934 |
EPS in Rs | 10.10 | 15.04 | 20.07 | 5.78 | -0.48 | 0.10 | 0.31 | 0.03 | -1.30 | -0.91 | -3.18 | 0.80 | -25.18 |
Dividend Payout % | 0% | 0% | 62% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | – |
Standalone figures in ₹ crores
| Mar 2011 | Mar 2012 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.87 | 0.87 | 2 | 2 | 11 | 11 | 11 | 12 | 13 | 26 | 31 | 35 | 74 |
Reserves | 20 | 30 | 73 | 90 | 212 | 242 | 332 | 458 | 886 | 889 | 1,572 | 2,646 | 2,162 |
Borrowings | 1 | 1 | 0 | 0 | 0 | 0 | 4 | 0 | 3 | 0 | 5 | 20 | 36 |
Other Liabilities | 7 | 7 | 24 | 15 | 23 | 17 | 25 | 102 | 18 | 10 | 20 | 37 | 32 |
Total Liabilities | 30 | 40 | 99 | 107 | 246 | 270 | 372 | 572 | 919 | 926 | 1,628 | 2,738 | 2,304 |
Fixed Assets | 0 | 1 | 2 | 2 | 1 | 1 | 5 | 1 | 3 | 1 | 5 | 84 | 96 |
Gross Block | 2 | 3 | 6 | 6 | 7 | 7 | 17 | 18 | 23 | 10 | 11 | 94 | – |
Accumulated Depreciation | 2 | 2 | 4 | 5 | 6 | 6 | 12 | 17 | 21 | 9 | 6 | 10 | – |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 0 |
Investments | 0 | 1 | 53 | 73 | 198 | 240 | 336 | 444 | 870 | 806 | 685 | 2,234 | 1,785 |
Other Assets | 29 | 37 | 44 | 32 | 46 | 29 | 31 | 126 | 46 | 119 | 938 | 415 | 424 |
Total Assets | 30 | 40 | 99 | 107 | 246 | 270 | 372 | 572 | 919 | 926 | 1,628 | 2,738 | 2,304 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2011 | Mar 2012 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | – | – | 8 | 8 | -8 | 3 | 8 | 49 | -48 | -18 | -18 | -44 |
Cash from Investing Activity | – | – | 18 | -11 | -44 | -15 | -4 | -158 | -321 | -24 | -362 | -1,145 |
Cash from Financing Activity | – | – | -20 | 0 | 46 | 12 | -3 | 108 | 314 | 39 | 750 | 850 |
Net Cash Flow | – | – | 6 | -2 | -5 | 0 | 1 | -1 | -54 | -3 | 369 | -339 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2011 | Mar 2012 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 124 | 48 | 57 | 55 | 123 | 60 | 67 | 47 | 9 | 48 | 146 | 180 |
Inventory Days | – | – | – | 0 | 0 | – | – | – | – | – | – | – |
Days Payable | – | – | – | – | – | – | – | – | – | – | – | – |
Cash Conversion Cycle | 124 | 48 | 57 | 55 | 123 | 60 | 67 | 47 | 9 | 48 | 146 | 180 |
Working Capital Days | 98 | 79 | 22 | 27 | 87 | 1 | -93 | -456 | -229 | 77 | 646 | 3,122 |
ROCE % | – | 54% | – | 13% | -3% | 1% | 3% | -0% | -5% | -3% | -8% | 1% |
Direct from BSE filings, auto-summarised
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Stock Analysis
Nazara Technologies is a leading India-based diversified gaming and sports media platform with a presence in India and across emerging and developed global markets such as Africa and North America, offering services across interactive gaming, eSports, and gamified early learning ecosystems.
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Currently no data available for Order Book.
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Currently no data available for Key Dates To Watch.
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