Nazara Technologies has reported its strongest financial year to date, achieving INR 1,829 crore in revenue for FY26. The company saw a 66% increase in EBITDA, reaching INR 255 crore. A strategic pivot toward high-margin core gaming resulted in gaming’s contribution to EBITDA rising to 90%. Additionally, the company is scaling its global presence through the significant acquisition of Bluetile and BestPlay, adding 22 million monthly active users.
Record Financial Performance
Nazara Technologies has delivered a stellar performance for the financial year ending March 31, 2026. The company reported annual revenues of INR 1,829 crore, representing a 13% year-on-year growth. Most notably, EBITDA climbed by 66% to INR 255 crore, underscoring the company’s improved operational efficiency. In the final quarter, Q4FY26, EBITDA margins reached 19.5%, a significant improvement of 970 basis points compared to the previous year.
Strategic Shift Toward Core Gaming
The company successfully executed a strategic transition, with its gaming division now accounting for 90% of total EBITDA, up from 56% in FY25. This shift is supported by the integration of the COE (Centre of Excellence) playbook, which embeds advanced data analytics, AI, and user acquisition capabilities across all gaming assets. Key intellectual properties, such as Kiddopia, Animal Jam, and Human Fall Flat, have demonstrated strong engagement and monetization trends.
Expansion Through M&A and Leadership
To further its global footprint, Nazara completed its largest acquisition to date, bringing Bluetile and BestPlay under its umbrella. This move adds 17 casual mobile IPs and 22 million monthly active users, which are expected to contribute significantly to earnings in FY27. Concurrently, the Board has been strengthened with the appointment of Mithun Sacheti as a Non-Executive Director and Muraarie Rajan as an Independent Director, bringing decades of expertise in consumer branding and global strategic advisory to the company.
Future Outlook
As it enters FY27, Nazara is focused on leveraging its expanded platform to drive scalable, global growth. The management remains committed to disciplined execution and the development of AI-enabled gaming infrastructure to maintain its competitive edge in the North American, European, and Indian markets.
Source: BSE
