Nazara Technologies Limited operates a gaming and sports media platform in India and internationally. The company operates through Gamified Early Learning, esports, Freemium, Telco Subscription, and Skill Based Real Money Gaming segments. It offers interactive gaming, e-Sports, and gamified early learning eco-systems. The company also engages in the provision of subscription/download of games/other contents. In addition, it owns various IPs, including World Cricket Championship and CarromClash in mobile games; Kiddopia in gamified early learning; Nodwin and Sportskeeda in eSports and eSports media; and Halaplay and Qunami in skill-based, fantasy, and trivia games. Nazara Technologies Limited was incorporated in 1999 and is based in Mumbai, India.

Nitish Mittersain

Nazara Technologies Limited

A23 is an online gaming platform that offers various types of games, primarily focused on rummy and poker, designed for players in India.

Nazara Games

Nazara Technologies Limited is a well established Mobile Gaming Company with our HQ's in India and Offices in Dubai, Africa & Singapore.

Nazara is a strong team of 250 people based out of India & Dubai. We specialize in bringing branded properties to mobile consumers in the most effective way, maximizing revenues as well as promoting brands.

Nazara Is India's largest mobile entertainment platform with over 100 million monthly active users. Our network includes Nodwin Gaming (India's #1 ESports Company), Nextwave Multimedia (Makers of WCC - The World's #1 Cricket Game Franchise), SportsKeeda (India's #1 ESports content Destination), Halaplay (Fantasy Sports), Qunami (Quizzing app) and Nazara Digital (The Fastest growing Mobile Games Publisher Operating in 100+ Countries)

We combine technology with a compelling experience to create innovate applications in the mobile environment



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Metric
Company Name	Nazara Technologies Limited	A23
Symbol	NAZARA
MSH ID	COM:NAZARA	COM:A23
Market	STOCKS	PRIVATE
Sector	Technology	Consumer Services
Industry	Electronic Gaming & Multimedia	Online Gaming
Country	IN	IN
Stage
Employee Count	74
Website	nazara.com	a23.com
LinkedIn	nazara-technologies
Founders

Metric
Market Cap	820.20M
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	134.39M
Revenue (LTM)
Revenue (NTM)
Gross Profit	78.86M
EBITDA	24.27M
Operating Income	16.36M
Net Income	6.68M
EPS	0.10
Diluted EPS	0.10
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.58
Operating Profit Margin	0.11
EBITDA Margin	0.18
Net Profit Margin	0.06
Return on Equity	0.07
Return on Assets	0.02
Return on Capital Employed	0.05

COM:NAZARA

Nazara Technologies Ltd.

Last Close

920.05

25/11 09:40

Market Cap

69.47B

Beta: -

Volume Today

786.56K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	107.55
P/B Ratio	5.21
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	7.21
EV Multiple	46.96

Metric
Days Sales Outstanding	58.59
Days Payables Outstanding	107.56
Days Inventory Outstanding	1.62
Operating Cycle	100.47
Cash Conversion Cycle
Asset Turnover	0.41

Metric
Operating Cash Flow	10.72M
Free Cash Flow	7.55M
Cash Flow to Debt	3.32
Operating Cash Flow/Sales	0.08
Free Cash Flow Yield	0.00

Metric
Cash & Equivalents	66.94M
Accounts Receivable	-8.15M
Inventory	249.11K
Goodwill	46.54M
Debt to Capitalization	0.01
Debt to Assets	0.06
Current Ratio	3.03
Quick Ratio	4.96

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.00
R&D to Revenue
SG&A to Revenue