What we do Nazara Technologies Ltd is a leading mobile gaming company operating in emerging markets, delivering subscription, freemium, and esports gaming content. |
Founded in 1,999 |
Market share Strong presence in emerging markets with popular games outperforming global titles; expanding globally via acquisitions and diversified gaming platforms. |
Problem solved Enables affordable access to gaming through subscription models and local content adaptation, overcoming payment and access barriers in emerging markets. |
Top clients or who we serve Serves mass mobile gamers primarily in India, Middle East, Africa, Southeast Asia, Latin America; B2C with B2B esports and adtech clients. |
Key management Vikash Mittersain (Chairman & MD), Nitish Mittersain (Joint MD & CEO), Rakesh Shah (CFO) with strong leadership in gaming and technology. |
Our journey and innovations Founded in 1999, evolved from subscription-based model to global diversified gaming platform through strategic acquisitions in esports, adtech, and offline gaming. |
Where we operate Global operations spanning India, Middle East, Africa, Southeast Asia, Latin America, North America, and Europe. |
Top products or what we offer Games like World Cricket Championship 2, Chhota Bheem Race; brands include Kiddopia, Animal Jam, Sportskeeda, and Curve Games. |
Top brands World Cricket Championship 2 (top free game), Kiddopia (education-focused), Animal Jam (Roblox integration), Sportskeeda (sports media), Fusebox Games, Funky Monkeys. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mostly recurring via subscriptions and digital content with some cyclical esports event revenue. |
Our industry position Ranked among top mobile gaming players in emerging markets with expanding footprint in global gaming and esports segments. |
Financial highlights Consolidated FY25 revenue INR 1,623.9 Cr; net profit INR 75.82 Cr; 9MFY26 revenue growth at 29.7%, EBITDA margin improved to 12.4%. |
Geographical revenue split FY21 India INR 168.58 Cr, North America INR 187.14 Cr, Middle East INR 25.72 Cr, Africa INR 10.54 Cr, APAC INR 60.47 Cr, others minor. |
Order book - |
Whats driving growth Growth driven by strategic acquisitions, new game launches, live content expansion, and disciplined capital allocation via Centres of Excellence. |
Our future plans Focus on global expansion, strengthening IP portfolio, investing in offline gaming, and scaling esports and adtech businesses. |
Our green promise Committed to sustainability and ethical practices through robust corporate governance and CSR initiatives. |
Our people and values Employs a diverse workforce; culture emphasizes innovation, ethical conduct, and employee empowerment. |
Key challenges ahead Navigating competitive global gaming markets, sustaining user engagement, regulatory compliance, and evolving technology landscapes. |
Interesting facts First Indian publicly listed gaming company with over 46 subsidiaries and diverse acquisitions including Fusebox and Comic Con India. |
Risks and strategy Mitigates risks through diversification, continuous innovation, and disciplined financial management aligning with regulatory policies. |
