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Nazara Technologies Ltd

(NAZARA)

₹1012.851.71%

as on 04:01PM, 26 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Nazara Technologies Ltd Analyst Rating

based on 11 analysts

HOLD

54.55%

Buy

9.09%

Hold

36.36%

Sell

Based on 11 analysts offering long term price targets for Nazara Technologies Ltd. An average target of ₹945.73

Source: S&P Global Market Intelligence

Nazara Technologies Ltd Share analysis

Nazara Technologies Ltd price forecast by 11 analysts

Downside of-5.03%

High

₹1315

Target

₹945.73

Low

₹605

Nazara Technologies Ltd target price ₹945.73, a slight downside of -5.03% compared to current price of ₹1012.85. According to 11 analysts rating.

Source: S&P Global Market Intelligence

Nazara Technologies Ltd Performance

  • Day's Low

    Day's High

    ₹972.6
    Day's Price Range
    ₹1,017
  • 52 Week's Low

    52 Week's High

    ₹591.5
    52-Week Price Range
    ₹1,117
1 Month Return-0.05 %
3 Month Return+ 0.61 %
1 Year Return+ 15.93 %
Previous Close₹995.80
Open₹997.15
Volume2.46L
Upper Circuit-
Lower Circuit-
Market Cap₹7,622.02Cr

Nazara Technologies Ltd Key Statistics

P/E Ratio117.71
PEG Ratio-470.83
Market Cap₹7,622.02 Cr
P/B Ratio3.2
EPS9.76
Dividend Yield0
SectorTelecomm-Service
ROE0

Nazara Technologies Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹7,622.02 Cr5.02%0.50₹74 Cr₹1,138 Cr
NA₹10.07 Cr13.05%0.51NANA
NA₹756.90 Cr26.99%0.52₹15 Cr₹513 Cr
NA₹5.15 Cr45.59%1.14-₹2 Cr₹9 Cr
NA₹92.45 Cr138.95%-1.30NANA

About Nazara Technologies Ltd

Nazara Technologies Limited is a leading mobile gaming company based in Mumbai, India, with a presence across emerging markets such as the Middle East, Africa, South East Asia, and Latin America. It offers a range of products and services such as subscription-based play, Freemium, and esports. The company also leverages the skills of its 15-year experienced promoters, Nitish and Vikash Mittersain, to design and localise games with the help of licensed intellectual property. Some popular games by Nazara include World Cricket Championship 2, Chhota Bheem Race, and Motu Patlu Game which have consistently been in the top three spots on the Google Play Store ahead of globally established games such as Candy Crush, Subway Surfer, and Temple Run. The company employs different strategies like sachet pricing and carrier billing for its Subscription Business to promote affordable pricing options.

Share Price: ₹1012.85 per share as on 26 Dec, 2024 04:01 PM
Market Capitalisation: ₹7,622.02Cr as of today
Revenue: ₹318.94Cr as on September 2024 (Q3 24)
Net Profit: ₹16.24Cr as on September 2024 (Q3 24)
Listing date: 30 Mar, 2021
Chairperson Name: Vikash Mittersain
OrganisationNazara Technologies Ltd
HeadquartersMumbai
IndustryTelecomm-Service
E-voting on sharesClick here to vote

Key events for Nazara Technologies Ltd

  • Nazara's Nodwin Acquires Majority Stake in AFK Gaming - 19 Dec, 2024

    Nazara Technologies' subsidiary, Nodwin Gaming, has acquired a 92.30% stake in AFK Gaming for Rs 7.58 crore, enhancing its esports content capabilities. The acquisition includes cash and stock swap, aiming to boost marketing in the growing gaming industry.
  • Nazara Technologies Reports Profit Decline Amid Partnerships - 17 Dec, 2024

    Nazara Technologies' Kiddopia app has entered a licensing agreement with Moonbug Entertainment to enhance its educational offerings. However, the company reported a significant decline in net profit despite revenue growth.
  • NODWIN Gaming Acquires Trinity Gaming Stake - 16 Dec, 2024

    Nazara Technologies' subsidiary, NODWIN Gaming, has announced the acquisition of a 100% stake in Trinity Gaming for Rs 24 crore, enhancing its market position.
  • Nazara Technologies Reports Mixed Financial Results - 10 Dec, 2024

    Nazara Technologies reported a 7.3% increase in net sales to Rs 318.94 crore for September 2024, but net profit fell 18.06% to Rs 16.24 crore. EBITDA rose 29.48%, and EPS increased to Rs 3.11.
  • Nazara Technologies Partners to Launch Blockchain Initiative - 04 Dec, 2024

    Nazara Technologies Ltd has signed a Letter of Intent with Lysto to create The Growth Protocol, a blockchain infrastructure aimed at enhancing digital marketing transparency and benefits.
  • Nazara Technologies Approves Major Investments for Growth - 03 Dec, 2024

    Nazara Technologies' board approved five strategic investments totaling ₹196 crore, including acquiring a 100% stake in Absolute Sports and expanding into physical entertainment with Funky Monkeys. The company aims to strengthen its position in gaming and education sectors.
  • Nazara Technologies Invests ₹196 Crore in Growth - 02 Dec, 2024

    Nazara Technologies has announced strategic investments totaling ₹196 crore, including a 60% stake in Funky Monkeys and increased ownership in subsidiaries like Sportskeeda and Nodwin Gaming. This move aims to enhance its presence in gaming, entertainment, and education sectors.
  • Nazara Technologies Faces Stock Pressure Amid Acquisitions - 29 Nov, 2024

    Nazara Technologies' shares dropped over 2% following NODWIN Gaming's acquisition of Trinity Gaming for Rs 24 crore. The company also raised Rs 855 crore for growth but reported a significant decline in net profit despite revenue growth.
  • Nazara Technologies Secures Rs 855 Crore for Growth - 28 Nov, 2024

    Nazara Technologies raised Rs 855 crore through a preferential issue to fuel expansion and acquisitions. Major investors included SBI Mutual Fund and Junomoneta. The company aims for strategic growth in the gaming sector.

Insights on Nazara Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 9.71% to 11.00% in Nov 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 10.79% to 11.80% in Nov 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 275.65 Cr → 344.25 Cr (in ₹), with an average increase of 19.9% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Oracle Financial Services Software Ltd has given 195.8% return, outperforming this stock by 179.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Newgen Software Technologies Ltd has given 459.4% return, outperforming this stock by 471.6%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 10.05% to 9.00% in Nov 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, NAZARA stock has moved down by -12.2%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 68.03% to 66.68% in Nov 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 22.63 Cr → 21.97 Cr (in ₹), with an average decrease of 2.9% per quarter

Nazara Technologies Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹297.24Cr (-)₹320.40Cr (↑7.79%)₹266.21Cr (↓16.91%)₹250.08Cr (↓6.06%)₹318.94Cr (↑27.54%)
Net Income₹24.18Cr (-)₹29.52Cr (↑22.08%)₹0.18Cr (↓99.39%)₹23.62Cr (↑13,022.22%)₹16.24Cr (↓31.24%)
Net Profit Margin8.13% (-)9.21% (↑13.28%)0.07% (↓99.24%)9.44% (↑13,385.71%)5.09% (↓46.08%)
Value in ₹ crore
Details2021202220232024
Total Assets₹571.70Cr (-)₹920.10Cr (↑60.94%)₹930.12Cr (↑1.09%)₹1,627.82Cr (↑75.01%)
Total Liabilities₹101.80Cr (-)₹21.40Cr (↓78.98%)₹14.25Cr (↓33.41%)₹24.77Cr (↑73.82%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹8.10Cr (-)₹48.70Cr (↑501.23%)-₹48.00Cr (↓198.56%)-₹17.61Cr (↓63.31%)-₹17.92Cr (↑1.76%)

Index Inclusions

Nifty Media

₹1,846.75

-1.46 (-27.4%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹54,893.21

-0.24 (-129.96%)

Nazara Technologies Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
9%
-10.48
Foreign Institutions
11%
13.24
Mutual Funds
11.8%
9.38
Retail Investors
66.68%
-1.98
Others
1.52%
7.29

Nazara Technologies Ltd Key Indicators

Details202020212022
Return On Equity %2.010.22-4.94
Details20202021202220232024
Return On Assets %-0.571.613.094.233.48
Details2021202220232024
Book Value Per Share (₹)107.9160.2166.96261.08
Details2021202220232024
Earning Per Share (₹)2.237.89.289.76

Nazara Technologies Ltd Valuation

Nazara Technologies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (56.01x)

June 30, 2021

Industry (-31.83x)

December 24, 2024

Today (117.71x)

December 24, 2024

Highest (820.62x)

March 30, 2021

LowHigh

Nazara Technologies Ltd Earnings and Dividends

  • Nazara Technologies Ltd Earnings Results

    Nazara Technologies Ltd’s net profit jumped 10.85% since last year same period to ₹21.97Cr in the Q2 2024-2025. On a quarterly growth basis, Nazara Technologies Ltd has generated -2.92% fall in its net profits since last 3-months.

    Read More about Earnings Results

Nazara Technologies Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Nazara Technologies Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Nazara Technologies Ltd (NAZARA) share price today is ₹1012.85

Nazara Technologies Ltd is listed on NSE

Nazara Technologies Ltd is listed on BSE

  • Today’s highest price of Nazara Technologies Ltd is ₹1017.
  • Today’s lowest price of Nazara Technologies Ltd is ₹972.6.

PE Ratio of Nazara Technologies Ltd is 117.71

PE ratio = Nazara Technologies Ltd Market price per share / Nazara Technologies Ltd Earnings per share

Today’s traded volume of Nazara Technologies Ltd(NAZARA) is 2.46L.

Today’s market capitalisation of Nazara Technologies Ltd(NAZARA) is ₹7622.02Cr.

Nazara Technologies Ltd(NAZARAPrice
52 Week High
₹1117
52 Week Low
₹591.5

Nazara Technologies Ltd(NAZARA) share price is ₹1012.85. It is down -9.32% from its 52 Week High price of ₹1117

Nazara Technologies Ltd(NAZARA) share price is ₹1012.85. It is up 71.23% from its 52 Week Low price of ₹591.5

Nazara Technologies Ltd(NAZARAReturns
1 Day Returns
17.05%
1 Month Returns
-0.05%
3 Month Returns
0.61%
1 Year Returns
15.93%