Nazara Technologies Ltd

- Nazara Technologies has successfully raised capital in recent periods to take advantage of global opportunities. - The company acknowledges investor concerns about dilution but emphasizes raising funds at attractive terms that are accretive at the EPS level. - There is no explicit mention of upcoming planned fundraisings through debt or equity in the provided transcript. - The company has expressed confidence in its ability to raise funds if needed, viewing the current funding environment as an opportunity for accretive acquisitions. - No fresh guidance on fundraising plans was disclosed during the call.

- Nazara continues to be acquisitive, with a focus on both organic growth and inorganic opportunities. - Management is confident of doing additional acquisitions from now until 2027 to strengthen the business. - Recent acquisitions like Animal Jam and Fusebox have been integrated and are expected to scale and grow profitability. - The company aims to build on acquired assets rather than starting 0 to 1, which reduces risk and accelerates growth. - Fundraising efforts have been aggressive to take advantage of global opportunities, enabling acquisition of attractive assets. - There are no specific mentions of new capex projects; the focus is on acquisitions and integrating these assets to drive growth. - The existing businesses alongside acquisitions are expected to sustain and improve profitability going forward.

- Nazara expects existing businesses to continue growing well and building on current profitability through FY27. - They aim to achieve an EBITDA target of INR 300 crores by FY27, signaling solid revenue and earnings growth. - Organic growth is supplemented by ongoing acquisitions, with multiple additional acquisitions planned from now to 2027. - New monetization models like "G-commerce" integrating e-commerce within gaming are being piloted, potentially creating new revenue streams. - Sportskeeda and NODWIN show strong growth and market leadership, supporting international expansion and revenue diversification. - Content partnerships with popular IPs (e.g., Bigg Brother, Barbie) and licensing agreements aim to drive user engagement and growth. - Despite short-term event cancellations, segments like NODWIN expect profitability as investments in growth and integration mature. - Overall, a combination of organic scaling, strategic acquisitions, and innovation underpins future volume and revenue growth.

- Nazara maintains FY27 EBITDA guidance of INR 300 crores, confident of being on track to achieve it. (Page 12) - Management cautious about giving fresh guidance but aims to beat current predictions. (Page 12) - Existing businesses expected to grow well and continue building profitability alongside acquisitions. (Page 16) - Strategic acquisitions and integration expected to be accretive and drive growth and profitability over the next few years. (Pages 12, 16) - eSports segment viewed as a large growth driver, with profitability to come through as integration matures. (Page 6) - PokerBaazi’s core business is profitable, with brand-building investments affecting EBITDA short-term; underlying business expected to generate increasing cash flows. (Page 11) - IP investments like Animal Jam showing sustainable revenue and profitability with growth opportunities to expand portfolio. (Page 6) - Emerging markets and global delivery platform initiatives seen as new levers for growth and future profitability. (Page 15)

The transcript provided from Nazara Technologies Limited's Q3 & 9M FY25 earnings call does not mention any details regarding current or expected order book or pending orders. The discussion primarily focuses on: - Recent acquisitions and their integration - Financial performance including revenue and EBITDA growth - Business segments like gaming, eSports, and adtech - Strategic initiatives such as G-commerce pilot and partnerships with state governments - Updates on individual businesses like PokerBaazi, Sportskeeda, and NODWIN No specific information on order book status or pending orders is disclosed in the transcript on or around page 16 or other pages provided.