Nazara Technologies Ltd
Nazara Technologies Ltd Q4 FY25 Results & Concall Highlights: Revenue, Margins & Order Book
Q4 FY25 earnings call: what management guided on revenue, margins and order book.
The short version
Nazara expects FY '26 to be a year of acceleration with increased contribution from high-margin gaming businesses, strengthening profitability. FY '26 is expected to be a year of acceleration with increased contribution from high-margin gaming business, strengthening profitability.
From Nazara Technologies Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Nazara expects FY '26 to be a year of acceleration with increased contribution from high-margin gaming businesses, strengthening profitability.
- Fusebox's higher user acquisition spends in Q4 FY '25 are expected to drive revenue growth in FY '26, bolstered by new game launches like Big Brother and Bigg Boss.
- Kiddopia is showing signs of turnaround in FY '26 with reduced cost per trial and increased pricing leading to better revenue metrics.
- Curve Games aims to scale by publishing Indian PC games globally, leveraging Nazara's network and brand for global market access.
- The company plans to double down on capital investments in profitable, cash flow-generating gaming IPs for organic and inorganic growth, especially globally.
- Esports and other segments focus on strategic growth, with expectations of improved profitability in FY '26 despite short-term challenges.
- Overall, Nazara is positioned to capitalize on global opportunities with aggressive expansion plans in gaming verticals.
Profitability & Margins
See what Nazara Technologies Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- In FY '25, Nazara deployed around INR 1,500 crores towards inorganic growth.
- For FY '26, the company plans to double down capital investments, particularly in core gaming investments focused on acquiring established gaming IPs, strong teams, decent revenue scale, and profitability.
- The strategy is to acquire profitable, cash flow generating businesses that strategically fit into Nazara's ecosystem and fuel global expansion.
- There are no fixed budgets for user acquisition spend; the company focuses on profitable growth and will invest more if profitable metrics are met.
- Recent acquisitions include Fusebox (U.K.), Curve Games, and several IPs in sports and esports segments, indicating ongoing strategic investments.
- The company expects FY '26 to be a year of acceleration with increased contributions from high-margin gaming businesses and strategic global acquisitions.
- Focus on organic scaling enabled by centers of excellence in user acquisition, analytics, and AI also drive future growth.
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
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 Technologies Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Nazara Technologies Ltd Q4 FY25 results?
Nazara expects FY '26 to be a year of acceleration with increased contribution from high-margin gaming businesses, strengthening profitability. FY '26 is expected to be a year of acceleration with increased contribution from high-margin gaming business, strengthening profitability.
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?
In FY '25, Nazara deployed around INR 1,500 crores towards inorganic growth.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.