Nazara Technologies Limited informs the Exchange regarding a press release dated May 12, 2026, titled "Nazara Reports Highest-Ever EBITDA in FY26 as its Global Gaming Platform Scales".
NAZARA · price
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Nazara Technologies reported its highest-ever EBITDA of INR 255 crores in FY26, a 66% year-on-year increase, with revenues of INR 1,829 crores (+13% YoY). Q4FY26 EBITDA margins nearly doubled to 19.5%, up nearly 970 basis points from the prior year. The company generated pre-tax operating cash flow of INR 213 crores (up 81% YoY) with an 84% EBITDA-to-OCF conversion ratio. Gaming's contribution to EBITDA surged from 56% in FY25 to 90% in FY26 as the company refocused on its core high-margin gaming business. Nazara also announced its largest acquisition to date - Bluetile and BestPlay - adding 17 casual mobile IPs and 22 million monthly active users.
Strong margin expansion and operating leverage indicate improving profitability quality. The shift toward gaming-focused operations and the strategic acquisition of IP portfolios position Nazara for continued scale. Investors should monitor the consolidation of the Bluetile/BestPlay acquisition in FY27 for revenue and EBITDA contribution.