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614.00
671.60
484.00
1,677.20
6M Return -35.02%
1Y Return -20.92%
Mkt Cap.(Cr) 4,319.12
Volume 59,012
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 59,012

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Rapid Results

Q1FY23 Quarterly Result Announced for Nazara Technologies Ltd.

Nazara Technologies announced Q1FY23 results:

  • Revenue increased by 70% to Rs. 2,231 million as against Rs 1,312 million in Q1FY22 and a growth of 27% QoQ
  • EBITDA stood at Rs. 301 million as against Rs. 301 million in Q1FY22, and growth of 102% QoQ as the company invested in growth initiatives across its key segments
  • EBITDA margins stood at 13.5% v/s 22.9% for Q1FY22 and 8.5% for Q4FY22
  • Delivered a PAT of Rs. 165 million, growth of 22% YoY and 237% QoQ

Commenting on the Q1FY23 performance, Manish Agarwal, CEO at Nazara Technologies stated:“We are happy to report an all-round growth. The multi-pronged approach to capture opportunities have been yielding positive traction and we are in line with our target growth plans for FY23. The traction across businesses; E-sports and Real Money Gaming witnessed strong growth while addition of new growth engine in form of Datawrkz has augmented well for the business. We have also seen stabilisation of unit economics for our Gamified Early Learning business.

The overall revenue for Q1FY23 as against the previous year saw a healthy growth of 70%, leading to a PAT growth of 22% year on year. On the operating margin front, We have made investments in our business segments that will provide us with robust growth opportunities in the years to come. The company will continue to look for growth opportunities both organically and inorganically. In particular, we are looking to augment presence in Freemium segment especially in developed markets.”

 

Result PDF

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 658.18 Cr FV: 4.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 2,805.20 26,355.35
LAST 3M 41,700.80 -10,395.59
LAST 6M 127,269.18 -151,588.49
LAST 12M 214,610.04 -219,403.16
  • Announcement
  • Corporate action
  • No Data Found

Date Action Type Ratio
Jun 24, 2022 Bonus 1:1

Information

  • About Company
  • Company Info
  • Listing Info
125.73
19.2%
162.1824
3%
2.35%
Description
  • Nazara Technologies Limited was originally incorporated as a private limited company with the name "Nazara.Com Private Limited" on December 8, 1999. Subsequently, the name of the Company was changed to Nazara Technologies Private Limited on July 4, 2003. Thereafter, the Company was converted into a public limited company and the name of the Company was changed to Nazara Technologies Limited on December 13, 2017. The Company is one of the leading mobile games company headquartered in Mumbai, which is engaged in acquisition of, value addition to and distribution, of mobile games across emerging markets such as India, Middle East, Africa, South East Asia and Latin America. The operations comprise of Subscription Business, Freemium Business and esports business. The Subscription Business is focussed on mass mobile internet users in the emerging markets, comprising largely of first time mobile gamers. In light of the low propensity of gamers to pay for online content, the Company has tailored its product offerings to deliver maximum value for gamers at affordable price points. The "sachet pricing" strategy in Subscription Business allows gamers to access entire catalogue of over 1,000 android games, upon signing up for a daily, weekly or monthly subscription. Billing for Subscription Business is channelled through telecom operators (carrier billing), which has eased the payment process for gamers and collection of revenue by the company. As part of in-house Freemium Business, the company understands local gamer behaviour in designing games and innovatively incorporating local, licensed, intellectual property to drive the growth of network of games is one of its key strengths. Localised gamer insights are reflected in the popularity of some of its mobile games on the Google Play Store, such as, `World Cricket Championship 2`, `Chhota Bheem Race`, and `Motu Patlu Game`. These games have consistently been part of the top three games on the top free charts on the Google Play Store ahead of certain globally established names such as Candy Crush, Subway Surfer and Temple Run. The Promoters, Vikash Mittersain and Nitish Mittersain, who have over 15 years of experience in the mobile entertainment and gaming industry.

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No Data Found

AGM Date (Month) : Dec
Face Value Equity Shares : 4
Market Lot Equity Shares : 1
BSE Code : 543280
NSE Code : NAZARA
Book Closure Date (Month) :
BSE Group : A
ISIN : INE418L01021

ICICIdirect Nazara Technologies Ltd FAQ

You can buy Nazara Technologies Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Nazara Technologies Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Aug 11, 2022 04:01 PM the closing price of Nazara Technologies Ltd was ₹ 657.75.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Aug 11, 2022 04:01 PM, the market cap of Nazara Technologies Ltd stood at ₹ 4,319.12.
The latest PE ratio of Nazara Technologies Ltd as of Aug 11, 2022 04:01 PM is 125.73
The latest PB ratio of Nazara Technologies Ltd as of Aug 11, 2022 04:01 PM is 0.25
The 52-week high of Nazara Technologies Ltd is ₹ 1,677.20 while the 52-week low is ₹ 484.00 .

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