Nazara Technologies Ltd
Nazara Technologies Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Growth in FY '27 driven by multiple segments including Fusebox games with expanded IP licensing for titles like Big Boss and Big Brother, and new global IPs launching. FY '27 growth drivers include Fusebox games with multiple new IP launches (e.g., Big Boss, Big Brother), Kiddopia user acquisition ramp-up, and expanding offline gaming (Funky Monkey centers).
From Nazara Technologies Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Growth in FY '27 driven by multiple segments including Fusebox games with expanded IP licensing for titles like Big Boss and Big Brother, and new global IPs launching.
- Kiddopia expected to grow well with increased user acquisition and content updates.
- Offline gaming (Funky Monkey and Smaaash) to expand, with Funky Monkey rapidly opening 1-2 centers per month and Smaaash relaunch planned for H1 FY '27.
- Animal Jam business set to grow, especially with launch on Roblox and new game "Go Slinky."
- Curve (PC and console publishing) investing in 5-6 new titles to be released FY '27 and FY '28.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Nazara Technologies Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Offline Business Expansion:
- Planning to open new stores, investing INR 1 crore to INR 2 crore per store.
- Funky Monkey centers expanding rapidly at 1-2 centers per month.
- Smaaash 2.0 relaunch planned in H1 next year before expanding further.
- Breakeven point for offline stores is typically 18-24 months with 25-30% EBITDA margins.
- Cloud Migration:
- Transitioned from Amazon AWS to Google Cloud Platform to better monetize core games like Animal Jam.
- Organic Growth & M&A:
- Net cash of approx INR 700 crore available for organic growth.
- Planned capital deployment includes additional M&A, especially acquiring gaming studios.
- Minority Strategic Investments:
- Minority stakes in Indian gaming ecosystem companies (e.g., nCore for FAU-G game).
- Options open for future monetization or increased stakes.
2 more points management made on capital expenditure plans
Top-ranked in Entertainment
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Nazara Technologies Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- NODWIN Gaming, part of Nazara Technologies, has secured an order book of at least 10 upcoming events following successful executions like the Counter-Strike Major, DreamHack, and Honor of Kings Championship.
- Major events like the Counter-Strike world championship and others have bolstered NODWIN's credibility globally, leading to these new orders.
- The order book includes multiple events from global publishers, signaling a sustainable and growing pipeline for NODWIN.
2 more points management made on order book & pipeline
Nazara Technologies Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹398 Cr, net profit ₹56 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Nazara Technolo.'s management said in earlier quarters
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Frequently Asked Questions
What were Nazara Technologies Ltd Q3 FY26 results?
Growth in FY '27 driven by multiple segments including Fusebox games with expanded IP licensing for titles like Big Boss and Big Brother, and new global IPs launching. FY '27 growth drivers include Fusebox games with multiple new IP launches (e.g., Big Boss, Big Brother), Kiddopia user acquisition ramp-up, and expanding offline gaming (Funky Monkey centers).
What is Nazara Technologies Ltd share price analysis?
Nazara Technologies Ltd currently shows a neutral. The stock trades at a P/E of N/A with a market cap of ₹13,387 Cr. Investors should review the full earnings analysis for detailed insights.
Is Nazara Technologies Ltd planning capital expenditure?
Offline Business Expansion: - Planning to open new stores, investing INR 1 crore to INR 2 crore per store.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.