Nazara Technologies (NAZARA)₹407.90+0.60%Digital Entertainment
In the Sep 2026 quarter (consolidated), Nazara Technologies reported sales of ₹803 Cr, up 52.6% from Sep 2025, and net profit of ₹35.06 Cr. For the year to Mar 2026, sales were ₹1,828 Cr and net profit ₹82.24 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 320 | 266 | 250 | 319 | 535 | 520 | 499 | 526 | 406 | 398 | 429 | 803 |
| Expenses | 283 | 265 | 226 | 295 | 497 | 490 | 476 | 689 | 337 | 353 | 466 | 713 |
| Operating Profit | 35.99 | 2.01 | 24.02 | 24.02 | 37.02 | 29.01 | 23.01 | −164 | 67.99 | 44.01 | −38.03 | 89.11 |
| OPM % | 11.0% | 0.6% | 10.0% | 8.0% | 7.0% | 6.0% | 4.7% | −31.0% | 17.0% | 11.0% | −9.0% | 11.0% |
| Other Income | 17.99 | 21.01 | 26.01 | 22.99 | 22.02 | 9.01 | 92.05 | 190 | 10.01 | 51.05 | 9.01 | 13.99 |
| Interest | 2.01 | 1.01 | 1.01 | 2.01 | 3.01 | 5.01 | 5.01 | 7.03 | 4.02 | 6.02 | 4.01 | 4.01 |
| Depreciation | 15.01 | 21.99 | 14.99 | 25.97 | 30.99 | 36.97 | 64.96 | 61.01 | 59.95 | 45.99 | 47.96 | 74.01 |
| Profit before tax | 37.02 | 0.00 | 33.99 | 20.01 | 25.01 | −3.99 | 46.04 | −42.04 | 14.01 | 42.01 | −79.97 | 26.01 |
| Tax % | 21.1% | −199.9% | 31.0% | 18.0% | 46.0% | −202.9% | −13.0% | −18.9% | 36.0% | −31.0% | 3.0% | −36.9% |
| Exceptional items | 0.00 | −17.03 | 0.00 | −2.01 | 0.00 | −10.02 | 15.04 | 179 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 30.06 | 0.00 | 24.08 | 16.04 | 14.04 | 4.01 | 51.13 | −34.09 | 9.02 | 56.17 | −82.17 | 35.06 |
| EPS (Rs) | 0.89 | 0.29 | 0.75 | 0.73 | 0.91 | 0.19 | 1.86 | −0.80 | 0.28 | 1.28 | −2.17 | 0.95 |
| 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 | 1,090 | 1,137 | 1,624 | 1,828 | 2,036 |
| Expenses | 135 | 129 | 123 | 154 | 255 | 415 | 535 | 987 | 1,038 | 1,507 | 1,854 | 1,870 |
| Operating Profit | 76.08 | 61.06 | 49.02 | 15.01 | −7.01 | 39.05 | 86.09 | 102 | 99.02 | 115 | −28.01 | 163 |
| OPM % | 36.0% | 32.0% | 28.0% | 9.0% | −3.0% | 9.0% | 14.0% | 9.0% | 9.0% | 7.0% | −1.5% | 8.0% |
| Other Income | 8.01 | 12.01 | −26.03 | 16.01 | 15.02 | 14.01 | 24.01 | 47.05 | 65.03 | 80.07 | 343 | 84.06 |
| Interest | 0.00 | 0.00 | 2.01 | 1.01 | 1.01 | 1.01 | 1.01 | 6.02 | 8.02 | 11.03 | 24.07 | 18.06 |
| Depreciation | 0.99 | 0.99 | 7.99 | 19.98 | 26.98 | 34.97 | 38.96 | 56.94 | 66.99 | 118 | 231 | 228 |
| Profit before tax | 82.97 | 72.02 | 13.01 | 10.99 | −20.99 | 17.02 | 70.01 | 86.99 | 89.05 | 65.98 | 60.02 | 2.06 |
| Tax % | 22.1% | 15.1% | 92.1% | 38.1% | 28.0% | 18.1% | 27.1% | 29.0% | 16.1% | 23.1% | −36.0% | — |
| Exceptional items | 0.00 | 2.01 | −21.04 | 0.00 | 2.01 | 0.00 | 1.01 | 2.01 | 5.01 | 26.06 | −876 | 0.00 |
| Net Profit | 65.18 | 61.12 | 1.01 | 7.01 | −27.08 | 14.04 | 51.13 | 61.18 | 75.17 | 51.14 | 82.24 | 18.08 |
| EPS (Rs) | 3.24 | 3.06 | 0.13 | 0.81 | −0.11 | 0.39 | 1.10 | 1.50 | 1.86 | 2.17 | 2.60 | 0.34 |
| Dividend payout % | 31.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.99 | 1.99 | 10.96 | 10.96 | 10.97 | 11.96 | 12.95 | 25.91 | 30.91 | 34.91 | 73.78 |
| Reserves | 156 | 221 | 341 | 396 | 495 | 646 | 1,027 | 1,077 | 1,966 | 2,825 | 3,397 |
| Borrowings | 0.00 | 0.00 | 7.97 | 8.97 | 7.97 | 0.99 | 3.99 | 37.91 | 27.92 | 218 | 214 |
| Other Liabilities | 40.92 | 41.96 | 105 | 91.56 | 257 | 357 | 357 | 554 | 724 | 1,333 | 657 |
| Total Liabilities | 200 | 265 | 464 | 508 | 771 | 1,016 | 1,402 | 1,695 | 2,747 | 4,412 | 4,342 |
| Fixed Assets | 1.99 | 1.99 | 152 | 137 | 347 | 295 | 423 | 582 | 607 | 1,725 | 1,427 |
| CWIP | 0.00 | 0.00 | 0.99 | 0.99 | 5.98 | 1.99 | 0.99 | 0.00 | 0.00 | 13.96 | 41.86 |
| Investments | 55.14 | 77.22 | 98.27 | 127 | 58.09 | 118 | 443 | 333 | 440 | 1,315 | 2,070 |
| Other Assets | 142 | 187 | 213 | 242 | 360 | 600 | 535 | 781 | 1,701 | 1,358 | 803 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 24.96 | 1.99 | 2.99 | 2.99 |
| Trade receivables | 33.02 | 26.03 | 43.05 | 45.03 | 68.10 | 69.14 | 85.16 | 186 | 275 | 577 | 376 |
| Cash & equivalents | 75.67 | 113 | 117 | 133 | 186 | 371 | 322 | 328 | 1,206 | 456 | 254 |
| Total Assets | 200 | 265 | 464 | 508 | 771 | 1,016 | 1,402 | 1,695 | 2,747 | 4,412 | 4,342 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 58.86 | 56.92 | 2.99 | 18.95 | −1.99 | 67.84 | 61.88 | 7.98 | 90.77 | 65.89 | 149 |
| Cash from investing activity | −6.01 | −61.17 | −17.04 | −60.17 | 18.05 | −272 | −330 | −89.22 | −613 | −1,141 | −636 |
| Cash from financing activity | −20.01 | 0.00 | 36.97 | 5.99 | 3.01 | 217 | 335 | 15.01 | 946 | 804 | 361 |
| Net cash flow | 33.04 | −5.01 | 24.03 | −35.03 | 19.01 | 14.02 | 68.13 | −66.07 | 426 | −268 | −124 |
| Capex | 2.01 | 1.01 | 2.01 | 6.01 | 7.02 | 3.01 | 12.03 | 8.02 | 27.07 | 148 | 113 |
| Free cash flow | 57.13 | 56.08 | 1.01 | 13.02 | −9.02 | 66.10 | 51.10 | 0.00 | 64.10 | −82.09 | 36.05 |
| CFO / OP % | 99.1% | 117.1% | 42.1% | 220.1% | −66.9% | 216.1% | 94.1% | 33.1% | 133.1% | 103.1% | −679.9% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 57 | 49 | 90 | 95 | 100 | 54 | 49 | 61 | 87 | 128 | 74 |
| Inventory days | — | — | — | — | — | — | — | — | 11 | — | — |
| Days payable | — | — | — | — | — | — | — | — | 1,092 | — | — |
| Cash conversion cycle | 58 | 50 | 91 | 96 | 101 | 55 | 50 | 62 | −994 | 129 | 75 |
| Working capital days | 34 | 43 | 73 | 93 | 20 | −8 | 7 | 23 | 27 | −37 | −19 |
| ROCE % | — | 36.0% | 16.0% | 3.0% | −4.0% | 2.0% | 7.0% | 7.0% | 6.0% | 3.0% | 27.0% |
For the Sep 2026 quarter, Nazara Technologies reported sales of ₹803 Cr, up 52.6% year on year and net profit of ₹35.06 Cr. The operating margin was 11.0%.
Nazara Technologies' sales for the year to Mar 2026 were ₹1,828 Cr; over the last twelve months they were ₹2,036 Cr.
Net profit for the year to Mar 2026 was ₹82.24 Cr, and ₹18.08 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.34.
Nazara Technologies reported borrowings of ₹214 Cr at Mar 2026, against cash and equivalents of ₹254 Cr.
Cash from operations was ₹149 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹36.05 Cr.