Nazara Technologies
274.60
-1.15(-0.42%)
Market Cap₹10,172.97 Cr
PE Ratio336.16
IndustryMedia
Company Performance:
1D-0.42%
1M+2.27%
6M-22.35%
1Y+18.49%
5Y+37.99%
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More news about Nazara Technologies
14Jan 26
Nazara Technologies Extends Timeline for Rusk Media Acquisition to February 2026
Nazara Technologies Limited has extended the timeline for acquiring 4,276 Series A Compulsorily Convertible Preference Shares of Rusk Media Private Limited to February 10, 2026. The acquisition, valued at ₹10 per share, represents a 5.23% stake on a fully diluted basis and is being conducted through associate company Nodwin Gaming Private Limited. The extension was disclosed in compliance with regulatory requirements, following the original Share Purchase Agreement executed on November 12, 2025.
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30Dec 25
Nazara Technologies Increases Stake in Next Wave Multimedia to 87.44% with ₹2.50 Crore Acquisition
Nazara Technologies has increased its ownership in subsidiary Next Wave Multimedia from 83.25% to 87.44% by acquiring an additional 4.19% stake for ₹2.50 crores. The transaction involved purchasing 1,396 equity shares at ₹100 per share from founding shareholders under a Share Purchase Agreement dated May 24, 2024.
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30Dec 25
Nazara Technologies Targets Strong Growth Through AI Integration and Global IP Strategy
Nazara Technologies has completed a strategic portfolio reset including Nodwin de-subsidiarisation and PokerBaazi/Freaks4U impairments to improve earnings quality. The company targets 27.9% revenue CAGR and 48.4% EBITDA CAGR through FY28, driven by core gaming business with 20-25% EBITDA margins. The refreshed Enter Magic brand focuses on AI-enabled gaming experiences and global IP ownership as key competitive advantages. With 90% overseas revenue generation, execution centers on LiveOps intensity, AI-driven efficiency, and new IP rollouts, positioning the company for sustainable growth despite risks from M&A execution challenges and regulatory changes.
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29Dec 25
India's Largest Fund House SBI MF Sells Nazara Technologies Stake for ₹108 Crore
India's largest fund house SBI Mutual Fund divested 45 lakh shares of Nazara Technologies for ₹108 crore on Monday, representing just over 1% of its 5.9% total stake. The gaming company's stock demonstrated strong resilience, surging 6.1% to ₹252 despite the institutional selling pressure, with mutual funds collectively holding 6.6% stake in the company.
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14Nov 25
Nazara Tech Unveils Ambitious Growth Strategy Across Gaming Portfolio
Nazara Technologies plans to expand Funky Monkeys locations from 14-15 to 100. Subsidiary Nodwin aims to become a billion-dollar company in 5-7 years. The company targets 20-25% annual growth and EBITDA margins. Kiddopia expects positive subscriber growth by Q4. Nazara increased its stake in Next Wave Multimedia to 83.25% and plans to acquire the remaining 16.75% by March 2026.
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12Nov 25
Nazara Tech Reports Strong Q2 Performance with Net Profit Surge to 8.85B Rupees
Nazara Technologies Limited reported robust Q2 financial results with consolidated revenue reaching 52.65 billion rupees, up 65.1% year-on-year. EBITDA increased by 146.4% to 6.20 billion rupees. Net profit soared to 8.85 billion rupees from 535 million rupees in the previous quarter, primarily due to a one-time gain. The gaming segment remained the main revenue driver, contributing 29.59 billion rupees. eSports and AdTech segments generated 8.73 billion and 14.38 billion rupees respectively. The company recognized a one-time gain of 109.85 billion rupees from reclassifying Nodwin Gaming as an associate and an impairment of 91.47 billion rupees on its investment in Moonshine Technologies.
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05Nov 25
Nazara Technologies Unveils New Brand Identity: 'Enter. Magic.'
Nazara Technologies, India's leading gaming and sports media platform, has announced a major rebranding initiative. The company introduced a new brand identity with the tagline 'Enter. Magic.', reflecting its 25-year journey and future vision in the gaming industry. The rebranding emphasizes Nazara's commitment to creating immersive, inclusive, and globally relevant gaming experiences. CEO Nitish Mittersain highlighted the company's growth into India's largest gaming ecosystem and its ambition to build worlds where creativity and play converge. Nazara's future focus includes deeper player engagement, strong original IP creation, and expansion across international markets. The new brand identity will be implemented across all company assets and touchpoints in the coming weeks.
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08Oct 25
Nazara Technologies' Subsidiary Fusebox Games Secures Global Rights for 'The Traitors' Interactive Game
Nazara Technologies' UK subsidiary, Fusebox Games, has partnered with All3Media International to launch 'The Traitors: Interactive Game' in 2026. The company has acquired worldwide interactive rights for the popular reality show format. The game will be released on iOS and Android platforms, featuring elements of deception, betrayal, and strategy. This move aligns with Nazara's strategy to strengthen its position in the global gaming market and expand its footprint in premium interactive fiction. The partnership leverages the international popularity of 'The Traitors' format, which has been adapted in over 30 territories and expanded into various media including live experiences and merchandise.
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Nazara Technologies
274.60
-1.15
(-0.42%)
1 Year Returns:+18.49%
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