Software · Packaged Software · NSE: NAZARA · data 2026-11-03
Nazara Technologies Ltd.
In plain words
Price: 4.3% below its 52-week high of ₹419.9.
Delivery: 51.7% of traded shares were kept for delivery over the last 10 sessions, against 49.6% over the last 60.
Latest results: a net profit of ₹36 cr for the quarter ended Sept 2026.
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹2,036 cr |
| Net profit (last 12 months) | ₹13 cr |
| Sales growth, 3 years (yearly) | 18.8% |
| Profit growth, 3 years (yearly) | 34.5% |
At a glance
Promoters 34.0% (-1.5 pts in a year), pledged 87.7%, institutions 18.2%.
P/E 1232.4, P/B 4.3, dividend yield 0.0%. Price relative to earnings and book value (low is cheaper, not better).
ROE 2.6%, ROCE 0.8%, operating margin 2.6%: how much profit it earns on the money it uses.
Debt/equity 0.06, Profit growth 34.5% and sales growth 18.8% a year over 3 years.
Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.
Strengths and limitations
- Virtually debt-free (debt/equity 0.1 or less).
- Profit grew 34.5% a year over 3 years.
- Low return on equity (2.6%).
- Thin operating margin (2.6%).
- Promoters have pledged 87.7% of their shares.
- Promoters cut their holding by 1.5 points in a year.
- Expensive on earnings (P/E 1232.4).
Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.
Latest results in brief (Q2 FY27)
NAZARA Q2 FY27 results (consolidated figures, as filed on NSE).
Revenue was ₹803.15 crore, up 52.6% YoY and up 87.3% QoQ.
Net profit was ₹36.28 crore, a turn to profit from a loss a year ago and a turn to profit from a loss last quarter.
Operating margin was 14.1% (11.4% a year ago).
EPS was ₹0.95, positive against a negative EPS a year ago and positive against a negative EPS last quarter.
NAZARA के Q2 FY27 नतीजे (कंसोलिडेटेड आंकड़े, NSE पर दाखिल)।
राजस्व: ₹803.15 करोड़; पिछले साल की तुलना में 52.6% की बढ़त, पिछली तिमाही की तुलना में 87.3% की बढ़त।
शुद्ध मुनाफ़ा: ₹36.28 करोड़; एक साल पहले के घाटे से मुनाफ़े में आया, पिछली तिमाही के घाटे से मुनाफ़े में आया।
ऑपरेटिंग मार्जिन: 14.1% (एक साल पहले 11.4%)।
EPS: ₹0.95; एक साल पहले के ऋणात्मक EPS से धनात्मक हुआ, पिछली तिमाही के ऋणात्मक EPS से धनात्मक हुआ।
NAZARAના Q2 FY27 પરિણામો (કન્સોલિડેટેડ આંકડા, NSE પર ફાઇલ કરેલા).
આવક (રેવન્યુ): ₹803.15 કરોડ; ગયા વર્ષની સરખામણીએ 52.6% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 87.3% વધારો.
ચોખ્ખો નફો: ₹36.28 કરોડ; એક વર્ષ પહેલાંની ખોટમાંથી નફામાં આવી, ગયા ક્વાર્ટરની ખોટમાંથી નફામાં આવી.
ઓપરેટિંગ માર્જિન: 14.1% (એક વર્ષ પહેલાં 11.4%).
EPS: ₹0.95; એક વર્ષ પહેલાંના નકારાત્મક EPSથી હકારાત્મક થઈ, ગયા ક્વાર્ટરના નકારાત્મક EPSથી હકારાત્મક થઈ.
Written from the filed numbers. Not a recommendation.
Smart-money activity
16/100 · Weak over the last ~60 sessions, data 2026-11-02
- Delivery vs usual 0/30: Delivery 46.0% over the last 20 sessions vs 47.3% in the 40 before (0.97x); shares delivered per day 0.97x usual; 0 delivery-spike days (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: No bulk or block deals in the last 90 days.
- Insider / SAST buys 0/15: No insider buy or SAST acquisition filings in the last 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 2/15: 1 scheme hold it, about ₹1 cr in all (as of 2026-09-30). Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 9/15: Verdict "Building", sustained score 78/100.
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Results ● Split ● Bonus
- 26 Oct 26Results Q2 FY27 results: turned to profit vs a year ago -0.2% next session
- 16 Oct 26Results Q4 FY26 results: profit +663.6% YoY -0.6% next session
- 3 Aug 26Results Q1 FY27 results: turned to loss vs a year ago +3.1% next session
- 3 Feb 26Results Q3 FY26 results: profit −67.9% YoY -0.5% next session
- 12 Nov 25Results Q2 FY26 results: turned to loss vs a year ago +6.4% next session
- 26 Sept 25Split Split: face value ₹4 → ₹2 (ex-date)
- 26 Sept 25Bonus Bonus 1:1 (ex-date)
- 12 Aug 25Results Q1 FY26 results: profit +202.2% YoY
- 10 Jun 25Results Q4 FY25 results: turned to profit vs a year ago
- 14 Feb 25Results Q3 FY25 results: profit +19.1% YoY
- 15 Nov 24Results Q2 FY25 results: profit +10.8% YoY
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Quarterly results (consolidated)
| Quarter | Revenue | Net profit | Profit YoY | Op. margin | EPS ₹ |
|---|---|---|---|---|---|
| Sept 2026 | ₹803 cr | ₹36 cr | — | 14.1% | 0.95 |
| Jun 2026 | ₹429 cr | ₹-80 cr | -216.9% | 5.8% | -2.16 |
| Mar 2026 | ₹398 cr | ₹47 cr | +663.6% | 18.6% | 1.27 |
| Dec 2025 | ₹406 cr | ₹10 cr | -67.9% | 16.7% | 0.27 |
Shareholding trend
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | 33.98% | 34.25% | 35.46% | 35.46% |
| Foreign institutions (FII) | 15.15% | 13.23% | 13.31% | 11.97% |
| Domestic institutions (DII) | 3.06% | 2.40% | 2.17% | 3.62% |
| Mutual funds | 2.04% | 2.19% | 1.64% | 3.10% |
| Retail investors | 7.33% | 7.88% | 8.02% | 8.22% |
| Number of shareholders | 95,828 | 1,01,367 | 1,00,165 | 1,04,879 |
Common questions
What was Nazara Technologies Ltd.'s latest quarterly profit?
Nazara Technologies Ltd. reported a net profit of ₹36 cr for the quarter ended Sept 2026, on revenue of ₹803 cr.
How much do promoters hold in Nazara Technologies Ltd.?
Promoters held 33.98% of Nazara Technologies Ltd. at the end of Sept 2026, with 87.74% of promoter shares pledged.
Is Nazara Technologies Ltd. debt-free?
Its latest reported debt-to-equity ratio is 0.06, which is very low.
What is Nazara Technologies Ltd.'s P/E ratio?
About 1,232.4, based on the last 12 months' earnings and a price of ₹401.65 (data 2026-11-03).
What is the 52-week high and low of Nazara Technologies Ltd.?
The 52-week high is ₹419.9 and the 52-week low is ₹215.7.
Mutual funds holding Nazara Technologies Ltd.
From the monthly portfolios of the fund houses the site reads, as of 2026-09-30. 1 scheme holding about ₹1 cr; funds that hold it outside their top holdings may not be listed.
| Scheme | Fund house | % of fund | Value |
|---|---|---|---|
| Mirae Asset Nifty India Internet ETF | Mirae Asset Mutual Fund | 1.73% | ₹1 cr |
Compared with similar companies
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| Nazara Technologies Ltd. | ₹401.65 | ₹14,761 cr | 1,232.4 | 4.3 | 2.6% | 0.8% | 0.06 | +48.3% |
| Pine Labs Limited | ₹157.63 | ₹17,720 cr | 114 | 3 | 2.4% | 1.6% | 0.07 | -34.9% |
| Shadowfax Technologies Limited | ₹272.9 | ₹15,980 cr | — | 8.5 | 9.3% | 29.6% | 0.14 | +142.4% |
| Kfin Technologies Limited | ₹852.35 | ₹14,608 cr | 42.4 | 9.1 | 22.3% | — | 0.03 | -22.7% |
| KPIT Technologies Limited | ₹531.95 | ₹14,557 cr | 27.3 | 3.9 | 19.8% | 27.1% | 0.24 | -54.5% |
| Fractal Analytics Limited | ₹742.1 | ₹13,012 cr | — | — | 11.8% | 13.7% | 0.13 | -15.3% |
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The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.
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