| Metric | Value (₹ Cr) | vs Q3 FY25 |
|---|---|---|
| Revenue | 520.20 | 2.7% |
| Total Income | 538.91 | 3.2% |
| Expenditure | 527.72 | 0.6% |
| PBT | 11.19 | 56.4% |
| Net Profit | 4.07 | 70.3% |
| OPM | 6.65% | 12.19pp |
| NPM | 0.76% | 1.76pp |
| EPS | 0.93 | 75.8% |
Nazara Achieves All-Time High EBITDA of Rs. 153.5 Cr on Revenues of Rs. 1,624 Cr in FY25
26 May 2025 · 26 May 2025, 03:44 pm
Summary
Nazara Technologies Limited reported its highest ever annual EBITDA of INR 153.5 crores in FY25 on revenues of INR 1,624 crores, with its core gaming business delivering a healthy 19.9% EBITDA margin and overall EBITDA margins of 9.4%. This performance reflects the strength of Nazara’s diversified portfolio, disciplined execution, and focused pivot toward high-margin gaming segments.
Key Highlights
- 1
Q4 delivers 95% revenue growth & 74% EBITDA growth YoY
- 2
Expanded into narrative mobile gaming through the acquisition of Fusebox Games
- 3
Entered offline entertainment by acquiring Funky Monkeys and Smaaash, creating a 360° gaming ecosystem
- 4
Took full ownership of Kiddopia and Sportskeeda, enabling fungible cash flows and faster integration
- 5
Made its largest investment to date in PokerBaazi, reinforcing leadership in skill-based real money gaming
- 6
Licensed and integrated global IPs like C.A.T.S. and King of Thieves, enhancing long-term cash flow visibility
- 7
Operationalized its Centers of Excellence in User Acquisition, Analytics, and Al, embedding cross-group efficiencies and unlocking organic scale
Management Comments
Nitish Mittersain
Jt. Managing Director & CEO
FY25 has been a pivotal year in Nazara’s journey—marked by record profitability, deeper control across key businesses, and the successful execution of our Nazara 3.0 strategy. We strengthened our core by fully owning high- performing assets like Kiddopia and Sportskeeda, expanded globally through acquisitions such as Fusebox and Curve Games, and sharpened our focus on building a high-margin, IP-led gaming platform. As we enter FY26, we are poised for accelerated growth with increasing contributions from our core gaming portfolio. Our platform is now stronger, and more globally relevant with a growing presence across North America and Europe, strategic global partnerships, and recognition among the world’s top gaming publishers. Nazara is not just leading the gaming industry in India—it is steadily establishing itself as a rising force on the global gaming stage.
Informational and educational content only. Not investment advice.