Nazara Technologies Share Price in Focus; EBITDA Surges 66% in FY26 Results

Nazara Technologies Limited announced its audited financial results for the quarter and financial year ended March 31, 2026, reporting its highest-ever EBITDA performance.

The company recorded FY26 revenue of ₹1,829 crore, reflecting a 13% year-on-year increase. EBITDA surged 66% to ₹255 crore during the financial year, highlighting strong operational growth and improved profitability.

Nazara also generated pre-tax operating cash flow of ₹213 crore, up 81% year-on-year, supported by an EBITDA-to-operating cash flow conversion ratio of 84%.

Q4FY26 Margins Show Significant Improvement

In Q4FY26, Nazara reported revenue of ₹398 crore following the deconsolidation of Nodwin. Quarterly EBITDA stood at ₹78 crore, registering a 52% year-on-year increase.

The company’s EBITDA margin for the quarter expanded sharply to 19.5%, improving nearly 970 basis points compared to the same quarter last year. The strong margin expansion reflected Nazara’s increasing focus on its high-margin gaming business.

Gaming Segment Drives Growth

Gaming contribution to overall EBITDA rose significantly from 56% in FY25 to 90% in FY26. The company continued strengthening its global gaming platform across mobile, PC, console, and offline gaming segments with operations spanning India, North America, and Europe.

Nazara’s acquisition of Bluetile and BestPlay, its largest acquisition to date, added 17 casual mobile gaming intellectual properties and 22 million monthly active users to its platform. The company expects the acquisition to contribute meaningfully to revenue and EBITDA growth in FY27.

Existing gaming properties also delivered strong performance during the year. Kiddopia sustained subscriber growth, Animal Jam expanded margins and entered Roblox, while Fusebox scaled its narrative gaming engine across multiple reality-TV intellectual properties. Human Fall Flat, published by Nazara, crossed 58 million lifetime unit sales globally.

Board Strengthening and FY27 Outlook

Nazara also announced the appointment of Mithun Sacheti as Non-Executive Director and Muraarie Rajan as Independent Director on its board.

The company stated that its Centres of Excellence in artificial intelligence, user acquisition, analytics, growth, and product development are becoming integrated platform capabilities across its gaming ecosystem.

Nazara Technologies Share Price Today

On May 13, 2026, Nazara share price opened at ₹268.70. At 10:45 AM, the share price of Nazara was trading at ₹266.00, up by 1.10% on the NSE.

Also Read: Mutual Funds Trim Stakes in KNR Constructions, Nazara Technologies, Praj Industries and 27 Other Stocks Amid Market Correction!

Conclusion

Nazara Technologies ended FY26 with record profitability, improving margins, and a stronger global gaming portfolio. Backed by acquisitions, scalable gaming infrastructure, and expanding intellectual property assets, the company enters FY27 with a focus on disciplined execution and long-term growth in the global gaming industry.

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