Also trades as: NAZARA.NS (NSE) · $vol 9M

₹387.90 ($4.03)

+3.75 (+0.98%)

BSE · Technology · Electronic Gaming & Multimedia · Tech Score Buy · Power 58 · ₹142.7B mcap · 237M float · 0.047% daily turnover

Revenue

$18.3B +12.6% ▲

5Y CAGR: +32.1%

Gross Profit

$8.3B -23.1% ▼

5Y CAGR: +15.5%

Operating Income

$184M -52.0% ▼

5Y CAGR: -23.7%

Net Income

$958M +27.2% ▲

5Y CAGR: +59.8%

EPS (Diluted)

$2.62 +11.0% ▲

5Y CAGR: +27.8%

EBITDA

$2.5B +16.8% ▲

5Y CAGR: +35.0%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$6.2B	$10.9B	$11.4B	$16.2B	$18.3B
YoY Growth	+36.9%	+75.5%	+4.3%	+42.7%	+12.6%
Cost of Revenue	$1.4B	$4.5B	$4.7B	$9.5B	$10.0B
Gross Profit	$4.8B	$6.4B	$6.7B	$6.7B	$8.3B
Gross Margin	77.5%	58.7%	58.6%	41.3%	45.2%
R&D Expenses	$29M	$22M	$20M	$6M	$0
SG&A Expenses	$2.2B	$4.6B	$4.4B	$7.8B	$4.6B
Operating Expenses	$4.2B	$5.9B	$4.4B	$6.7B	$8.1B
Operating Income	$610M	$556M	$2.2B	$384M	$184M
Operating Margin	9.8%	5.1%	19.7%	2.4%	1.0%
Interest Expense	$12M	$59M	$68M	$99M	$225M
Income Before Tax	$699M	$888M	$1.0B	$779M	$453M
Tax Expense	$192M	$254M	$140M	$153M	-$218M
Net Income	$284M	$394M	$566M	$754M	$958M
Net Margin	4.6%	3.6%	5.0%	4.6%	5.2%
EPS (Diluted)	$2.26	$2.99	$4.08	$4.72	$2.62
EBITDA	$1.1B	$1.5B	$1.8B	$2.1B	$2.5B
Shares Outstanding	126M	132M	139M	160M	366M

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$2.5B	$3.2B	$5.3B	$5.2B	$5.0B	$5.3B	$4.1B	$4.0B
Cost of Revenue	$850M	$1.3B	$1.7B	$2.8B	$1.3B	$1.7B	$2.2B	$1.8B
Gross Profit	$1.7B	$1.9B	$3.7B	$2.4B	$3.6B	$3.6B	$1.9B	$2.1B
Gross Margin	66.0%	59.3%	68.4%	45.9%	73.1%	67.7%	46.6%	53.8%
R&D Expenses	$0	$0	$0	$6M	$0	$0	$0	$0
SG&A Expenses	$1.1B	$396M	$1.5B	$2.9B	$1.2B	$1.2B	$1.1B	$1.1B
Operating Expenses	$1.6B	$1.9B	$3.4B	$2.4B	$3.8B	$3.6B	$1.8B	$1.9B
Operating Income	$97M	-$6M	$218M	-$394M	-$171M	$12M	$80M	$285M
Operating Margin	3.9%	-0.2%	4.1%	-7.6%	-3.4%	0.2%	2.0%	7.2%
Interest Expense	$6M	$18M	$28M	$48M	$52M	$68M	$43M	$62M
Income Before Tax	$340M	$218M	$253M	-$39M	$306M	-$417M	$139M	$425M
Tax Expense	$104M	$36M	$116M	-$104M	-$58M	-$78M	$51M	-$132M
Net Income	$226M	$220M	$307M	$62M	$684M	-$294M	$98M	$470M
Net Margin	9.0%	6.9%	5.7%	1.2%	13.7%	-5.6%	2.4%	11.8%
EPS (Diluted)	$1.48	$1.44	$1.92	$0.20	$1.93	$-0.85	$0.27	$1.27
EBITDA	$505M	$492M	$586M	$533M	$1.0B	$259M	$780M	$740M
Shares Outstanding	153M	153M	160M	320M	354M	345M	370M	370M

NAZARA.BO BSE