Synopsis:
Nazara Technologies Ltd’s Q1 FY26 net profit increased by 117.6% YoY to Rs. 51.34 crore due to strong performance in gaming, e-sports, and ad-tech, as well as announced corporate actions such as a capital hike, stock split, and bonus issue.
A small-cap stock engaged in the business of gaming and sports media platforms is in the spotlight today after declaring financial results for Q1FY26, with a 117.6 percent jump in Net Profit yearly. Check the article below to learn about their performance.
With a market capitalization of Rs. 13,223.75 crore, the shares of Nazara Technologies Limited were trading at Rs. 1,427.50, up by 0.5 percent from its previous closing price of Rs. 1,420.70. The stock has reached a high of Rs. 1,453 in today’s trading session
Q1FY26 Results
Nazara Technologies Ltd reported Rs. 498.77 crore in consolidated revenue for the first quarter of FY26, a 99.44 percent increase over the Rs. 250.08 crore for the same period in FY25.
However, it decreased by 4.12 percent as compared to Rs. 520.20 crore in Q4 FY25.The operating profit for Q1 FY26 stood at Rs. 47.4 crore, up by 0.70 percent from Rs. 47.07 crore in Q4 FY25, and rose by 90.4 percent from Rs. 24.9 crore in Q1 FY25.
The consolidated net profit for the first quarter of FY26 was Rs. 51.34 crore, which was 1,161 percent higher than the Rs. 4.07 crore reported in the previous quarter and 117.6 percent higher year over year than the Rs. 23.62 crore in Q1 FY25. Profit growth was also reflected in earnings per share (EPS), which increased to approximately Rs. 7.38 in Q1 FY26 from Rs. 0.70 in Q4 FY25 and Rs. 2.96 in Q1 FY25.
In Q1, the company reported revenue of Rs. 240.92 crore from Gaming, Rs. 154.14 crore from E-Sports, and Rs. 106.06 crore from Ad-Tech. Inter-segment revenue was Rs. −2.35 crore, resulting in total revenue from operations of Rs. 498.77 crore.
Also Read: Chemical stock hits 5% upper circuit after company reports 134% YoY net profit & 102% EBITDA growth
Other Updates
The company proposes to increase its authorised share capital from Rs. 50 crore to Rs. 80 crore, subject to shareholder approval via postal ballot. The company has approved a stock split from 1 equity share of Rs. 4 to 2 equity shares of Rs. 2, followed by a 1:1 bonus issue (1 bonus share of Rs. 2 for every 1 share held), subject to shareholder approval via postal ballot. The recording date will be announced later.
Management View
CEO Nitish Mittersain stated that Nazara Technologies is focusing on IP-led gaming, expanding its IP portfolio, improving user acquisition, and strengthening its leadership team to drive long-term growth.
About the company
Nazara Technologies, India’s sole publicly traded gaming company, is a multifaceted gaming and sports media platform that operates in India, Africa, North America, and other global markets.
Its portfolio includes Curve Games, Kiddopia, Animal Jam, Fusebox Games, World Cricket Championship, Sportskeeda, Funky Monkeys, and Smaash Entertainment. The company aims to create a global gaming platform with strong intellectual property, publishing, and operational capabilities.
Written By Akshay Sanghavi
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