Nazara Technologies Share Price

Nazara Technologies shares surged 18% following a significant block deal involving nearly 4.9% of the company's equity. Nikhil Kamath and Axana Estates are reportedly buyers, with founder Nitish Mittersain as the likely seller. The company reported a Q4FY26 revenue of Rs 398 crore, a 23% decrease year-on-year, but saw net profit jump over 13-fold to Rs 56 crore.

• Economic Times
• 2 weeks 1 day ago

Choice Institutional

• Business Line
• 2 weeks 3 days ago

Internet Software & Services company Nazara Technologies announced Q4FY26 & FY26 results Q4FY26 Consolidated Financial Highlights: Revenue from Operations for Q4FY26 stood at Rs 39,778 lakh, showing a decrease of 2.02% QoQ from Rs 40,597 lakh in Q3FY26 and a decrease of 23.53% YoY compared to Rs 52,020 lakh in Q4FY25. Total Income for the quarter was Rs 44,847 lakh, representing an increase of 7.47% QoQ from Rs 41,731 lakh in Q3FY26 and a decrease of 16.78% YoY from Rs 53,891 lakh in Q4FY25. Net Profit (PAT) for Q4FY26 was Rs 5,570 lakh, marking a growth of 530.09% QoQ from Rs 884 lakh in Q3FY26 and an increase of 1,268.55% YoY compared to Rs 407 lakh in Q4FY25. FY26 Consolidated Financial Highlights: Revenue from Operations for FY26 reached Rs 1,82,898 lakh, growing by 12.63% YoY from Rs 1,62,391 lakh in FY25. Total Income for the full year stood at Rs 3,07,256 lakh, an increase of 79.11% over Rs 1,71,544 lakh in FY25. This includes an exceptional gain of Rs 1,09,846 lakh on account of desubsidiarisation of its erstwhile subsidiary Nodwin. Net Profit (PAT) for FY26 was Rs 8,194 lakh, representing a growth of 60.79% YoY compared to Rs 5,096 lakh in FY25. Q4FY26 Standalone Financial Highlights: Revenue from Operations for Q4FY26 was Rs 1,844 lakh, an increase of 8.09% QoQ from Rs 1,706 lakh in Q3FY26 and an increase of 45.43% YoY from Rs 1,268 lakh in Q4FY25. Net Profit (PAT) for the quarter stood at Rs 391 lakh, a significant growth of 750% QoQ from Rs 46 lakh in Q3FY26, but a slight decline of 3.22% YoY from Rs 404 lakh in Q4FY25. FY26 Standalone Financial Highlights: Revenue from Operations for FY26 reached Rs 7,384 lakh, showing a YoY growth of 114.53% over Rs 3,442 lakh in FY25. Net Profit/(Loss) for FY26 was a Loss of Rs 93,497 lakh, as against a Net Profit of Rs 2,804 lakh in FY25. This loss is primarily due to an exceptional impairment charge of Rs 98,979 lakh on investments. Business Highlights: Segment-wise Revenue Performance: Gaming: Recorded revenue of Rs 1,07,224 lakh compared to Rs 51,817 lakh in FY25. eSports: Recorded revenue of Rs 30,736 lakh compared to Rs 76,342 lakh in FY25. Ad tech: Recorded revenue of Rs 45,448 lakh compared to Rs 34,557 lakh in FY25. Exceptional Items and Impairments: The company recognized an impairment loss of Rs 91,470 lakh (Consolidated) and Rs 98,894 lakh (Standalone) on its investment in associate company, Moonshine Technology Private Limited. This was due to the prohibition of online money games following the enactment of the Promotion and Regulation of Online Gaming Act, 2025. Strategic Acquisitions: The Board granted in-principle approval to acquire controlling stakes in Social Gaming Platforms Bluetile and BestPlay for a total consideration of USD 100.3 million (approximately Rs 91,800 lakh). Withdrawal of Merger: The Board approved the withdrawal of the Scheme of Amalgamation of Paper Boat Apps Private Limited with Nazara Technologies Limited due to changes in the company's restructuring plans. Fund Raising: The Board approved the issuance of up to 1,92,31,000 Warrants on a preferential basis, aggregating up to Rs 50,001 lakh. Board Changes: Mr. Vikash Mittersain was re-designated as ‘Founding Chairman’ and Non-Executive Non-Independent Director effective from June 01, 2026. Mr. Nitish Mittersain was promoted to Managing Director and CEO. Auditor Appointment: M/s. MAKK & CO., Chartered Accountants, were appointed as Internal Auditors for FY7. Nitish Mittersain, Joint MD & CEO, Nazara Technologies, said: "FY26 was a pivotal year for Nazara. We delivered our highest-ever EBITDA at INR 255 crores, with EBITDA growing 66% year-on-year and Q4 EBITDA margins reaching 19.5%. Nazara today operates at a materially different scale than it did 12 months ago. The scale, quality and earnings capacity of the platform have expanded significantly. Operating leverage is real, and it is compounding. The years ahead are about scaling this platform globally." Result PDF

• Trendlyne
• 2 weeks 3 days ago