Results · Consumer Internet & Media
Nazara posts record EBITDA in FY26
By Startup Enthusiast ·
- Date
- Company
- Nazara Technologies
- What it does
- Gaming and esports company
- Kind
- Results
- Stage
- public
- Founded
- 1999
What they do
Nazara Technologies is India's only publicly listed gaming company
What happened
It reported its highest-ever EBITDA of Rs 255 crore in FY26, up 66% year-on-year
Why it matters
The gaming segment now contributes 90% of EBITDA, up from 56%
The details
- Nazara Technologies reported its highest-ever EBITDA of Rs 255 crore in FY26, a 66% year-on-year increase.
- Total revenue for FY26 stood at Rs 1,829 crore.
- In FY25, revenue was Rs 1,715 crore, a 41% year-on-year increase.
- Profit after tax in FY24 was Rs 89 crore, up 41%.
- The company's gaming segment EBITDA contribution grew from 56% to 90%.
- Nazara made its largest acquisition to date in FY26, buying Bluetile and BestPlay.
- The acquisition added 17 casual mobile gaming properties and 22 million monthly active users.
- Founder Nitish Mittersain shared a LinkedIn post about being rejected by an investor during the 2002 dot-com crisis.
The bigger picture
- Nazara is India's only publicly listed gaming-focused company.
- The company has grown from Rs 247 crore revenue in FY20 to Rs 1,829 crore in FY26.
- EBITDA growth from FY20 to FY21 was 470%.
- The gaming segment's EBITDA share jumped from 56% to 90%, showing a strategic shift.
About the business
- Nazara operates in mobile gaming, esports, ad-tech, and gamified learning.
- It has a presence in India, Africa, North America, and other global markets.
- The company is publicly listed on Indian stock exchanges.
- Revenue in FY20 was Rs 247 crore, in FY21 Rs 454 crore, and in FY24 crossed Rs 1,138 crore.
- In FY25, revenue was Rs 1,715 crore, and in FY26 it reached Rs 1,829 crore.
- The gaming segment's EBITDA contribution grew from 56% to 90%.
What happens next
- Founder Nitish Mittersain said the company plans to 'scale this platform globally'.
The deal
- Type
- results
Founders
- Nitish Mittersain, Founder
More on Nazara Technologies
- Nazara raises ₹734 crore via preferential issue6 August 2026 · Funding · ₹733.5 crore
- Nazara appoints new CEO, founder steps down4 August 2026 · People
- Nazara posts ₹82.5 Cr net loss in Q1 FY273 August 2026 · Results · ₹82.5 Cr loss
- Nazara withdraws merger of Paper Boat Apps7 July 2026 · Acquisition
- Nazara raised ₹474 Cr through a preferential issue of warrants6 June 2026 · Funding · ₹474 Cr
- Nazara shares rally on CEO block deal and strong profits13 May 2026 · Stake sale
- Nazara reports Q4 profit surge despite revenue drop12 May 2026 · Results
- Nazara Technologies to raise ₹500 crore via warrants to fund acquisitions and growth30 March 2026 · Funding · ₹500 crore
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