Nazara Technologies Limited informs the Exchange about Transcript of Earnings Call.

Nazara Technologies reported FY26 revenue of INR 1,829 crores (up 13% YoY) and EBITDA of INR 255 crores (up 66% YoY) with Q4 EBITDA margins reaching 19.5%, nearly doubling year-on-year. Gaming business delivered particularly strong performance with FY26 gaming revenue of INR 1,072 crores (up 107% YoY) and EBITDA of INR 265 crores (up 157% YoY) at 24.7% margin. The company completed its largest acquisition to date of Bluetile and BestPlay, which significantly expands casual gaming scale and adds AI-native capabilities; consolidation is expected from Q1 FY27 pending Spanish FDI approval. Management highlighted that gaming now contributes 90% of EBITDA (up from 56% in FY25) and expects continued organic growth and margin expansion in FY27 driven by Centers of Excellence initiatives and AI adoption. NODWIN, an associate company, disclosed plans to raise $100-200 million and prepare for an IPO, while Nazara indicated it may monetize non-core businesses like NODWIN, Sportskeeda, or AdTech in FY27-28.