Nazara Technologies
Financials
Estimates*
| INR | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 2.5b | 4.5b | 6.2b | 10.9b | 11.4b | 14.4b | 17.2b |
| % growth | - | 84 % | 37 % | 75 % | 4 % | 27 % | 19 % |
| EBITDA | 34.2m | 548m | 1.1b | 1.6b | 2.1b | 1.9b | 2.5b |
| % EBITDA margin | 1 % | 12 % | 17 % | 15 % | 18 % | 13 % | 15 % |
| Profit | (21.3m) | 92.4m | 284m | 394m | 566m | 1.1b | 1.4b |
| % profit margin | (1 %) | 2 % | 5 % | 4 % | 5 % | 8 % | 8 % |
| EV / revenue | - | 9.8x | 8.3x | 3.0x | 4.0x | 4.6x | 3.4x |
| EV / EBITDA | - | 81.5x | 47.5x | 20.8x | 22.4x | 35.3x | 23.4x |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | N/A | Seed | |
$1.5m | Series A | ||
$7.0m | Series B | ||
| N/A | $800k | Late VC | |
$51.0m | Growth Equity VC | ||
INR260m | Late VC | ||
$13.7m | Late VC | ||
| N/A | N/A | IPO | |
$42.1m | Post IPO Equity | ||
* | N/A | Grant | |
* | $49.3m | Post IPO Equity | |
* | $30.1m | Post IPO Equity | |
* | $12.1m | Post IPO Equity | |
* | N/A | Secondary | |
| Total Funding | €70.5m | ||
Recent News about Nazara Technologies
EditNazara Technologies Limited, commonly known as Nazara, is a prominent player in the gaming and sports media industry, particularly in the Indian market. Founded over two decades ago, Nazara has evolved from a simple games portal into a diversified, multi-million dollar gaming and sports media platform. The company is publicly listed and has demonstrated consistent profitability, a notable achievement in an industry where many companies struggle to break even.
Nazara operates primarily in the gaming sector, serving a wide range of clients from established game studios to indie developers. The company recently launched a dedicated game publishing division aimed at supporting high-quality game development for the Indian market. This division offers a comprehensive suite of services to game developers, including project evaluation, development support, and publishing. Developers can submit their game projects for consideration, and Nazara provides a transparent process for tracking the status of submissions.
The business model of Nazara revolves around revenue sharing and royalties. Once a game is developed and ready for publishing, Nazara collaborates with the developers to market and distribute the game, sharing the revenue generated from game sales and in-app purchases. This model ensures that both Nazara and the developers benefit financially from the success of the games.
Nazara's market presence is bolstered by strategic investments and a stable internal team, which sets it apart from competitors. The company has garnered significant attention from investors, including a notable 10.03% stake owned by renowned investor Rakesh Jhunjhunwala. Nazara's stock has shown impressive performance, reflecting investor confidence and the company's strong financial health.
In summary, Nazara Technologies Limited is a leading gaming and sports media company in India, offering game publishing services to both established and indie developers. The company operates on a revenue-sharing model and has a strong market presence backed by strategic investments and a stable team.
Keywords: gaming, sports media, India, game publishing, indie developers, revenue sharing, profitability, investments, Rakesh Jhunjhunwala, stock performance.
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