Is Nazara Technologies a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Nazara Technologies Ltd is a average quality company .

Is Nazara Technologies undervalued or overvalued?

The key valuation ratios of Nazara Technologies Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Nazara Technologies share price return in the past 10 years?

Data is not available for this company

Is Nazara Technologies a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Nazara Technologies Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Nazara Technologies Ltd - Stock Valuation and Financial Performance

Name: Nazara Technologies
Brand: Nazara Technologies

BSE: 543280 | NSE: NAZARA | IT - Software | Small Cap

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Nazara Technologies Share Price

₹928.05 -3.80 -0.41%
as on 05-Nov'24 13:53

10 Year X-Ray of Nazara Technologies:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	63.4%	63.6%	16%	-2.3%	1.3%	3.7%	-0.2%	-5%	-2.3%	-7.2%	-
Value Creation Index ⓘ	3.7	3.7	0.2	-1.2	-0.9	-0.7	-1.0	-1.4	-1.2	-1.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	89.6	117	77.4	66.4	43.5	46.1	32.9	20.4	23	23.3	27
Sales YoY Gr.	-	30.5%	-33.9%	-14.2%	-34.5%	6.1%	-28.7%	-38%	12.6%	1.5%	-
Adj EPS ⓘ	13.2	6.2	1.5	2.7	-0.5	1.4	0.7	-2.1	-0.5	-2.9	-11.7
YoY Gr.	-	-52.8%	-76.1%	83.9%	-118.3%	NA	-49%	-390.4%	NA	NA	-
BVPS (₹) ⓘ	33.5	15.1	17.7	37.6	41.3	56.7	75.1	136.4	138.4	209.2	210.5
Adj Net Profit ⓘ	24.4	31	7.4	14.8	-2.8	8	4.4	-13.9	-3.5	-22	-89
Cash Flow from Ops. ⓘ	25.5	8.3	8.3	-7.6	3.3	8.1	48.7	-48	-17.6	-17.9	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-13.9%	-11.7%	-10.9%	1.5%
Adj EPS ⓘ	-184.4%	NA	-258%	NA
BVPSⓘ	22.6%	38.3%	40.7%	51.2%
Share Price	-	-	-6.9%	14.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	41.3	44.8	8.9	9.4	-1.2	2.7	1.1	-2	-0.4	-1.8	-5.6
Op. Profit Mgn % ⓘ	38.6	17.8	10.4	-1.2	-10.8	28.3	6.4	-63.2	-54.1	-71.1	-508
Net Profit Mgn % ⓘ	27.2	26.5	9.6	22.3	-6.3	17.4	13.5	-67.9	-15.2	-94.5	-336.8
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	107	94	130	177	271	192	514	709	216	628	4,754
Cash Conv. Cycle ⓘ	-42	-24	-21	-12	-60	-60	-63	-65	-2	8	4,428

Recent Performance Summary

Sales growth is good in last 4 quarters at 18.06%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -10.85%

Net Profit has been subdued in last 3 years -258.01%

Latest Financials - Nazara Technologies Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-11.7	7.8
TTM Sales (₹ Cr.)	26.6	1,134
BVPS (₹.) ⓘ	210.5	264.1
Reserves (₹ Cr.) ⓘ	1,580	1,991
P/BV ⓘ	4.43	3.53
PE ⓘ	0.00	119.47

From the Market
52 Week Low / High (₹)	590.85 / 1124.15
All Time Low / High (₹)	481.95 / 1677.20
Market Cap (₹ Cr.)	7,133
Equity (₹ Cr.)	30.6
Face Value (₹)	4
Industry PE ⓘ	33.7

Management X-Ray of Nazara Technologies:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Nazara Technologies

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Nazara Technologies

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	90	117	77	66	43	46	33	20	23	23
Operating Expenses ⓘ	55	96	69	68	52	37	37	64	68	156
Manufacturing Costs	7	11	6	2	0	0	0	0	0	0
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	10	20	21	25	16	14	17	21	21	20
Other Costs ⓘ	38	66	42	41	35	22	20	43	47	135
Operating Profit ⓘ	35	21	8	-2	-8	9	-4	-43	-45	-133
Operating Profit Margin (%)	38.6%	17.8%	10.4%	-2.5%	-18.5%	20.5%	-13.1%	-211.0%	-196.0%	-568.0%
Other Income ⓘ	3	24	6	35	12	7	9	13	27	45
Interest ⓘ	0	0	0	0	0	1	0	0	0	2
Depreciation ⓘ	1	1	1	1	1	5	5	4	3	2
Exceptional Items ⓘ	0	0	0	-36	0	0	0	0	0	0
Profit Before Tax ⓘ	37	44	13	-4	3	10	-1	-35	-21	-92
Tax ⓘ	13	12	4	7	1	4	-2	-1	3	6
Profit After Tax	25	32	9	-10	2	7	1	-34	-24	-98
PAT Margin (%)	27.5%	27.5%	11.9%	-15.7%	5.1%	15.1%	2.4%	-165.0%	-104.0%	-418.0%
Adjusted EPS (₹)	13.4	6.5	1.9	-1.9	0.4	1.2	0.1	-5.2	-3.6	-12.7
Dividend Payout Ratio (%)	0%	62%	0%	-1,565%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	63	75	88	203	227	317	458	887	916	1,601
Share Capital ⓘ	2	2	2	11	11	11	12	13	26	31
Reserves ⓘ	61	73	86	192	216	306	446	874	889	1,571
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	18	17	10	15	10	8	13	2	2	7
Others Liabilities ⓘ	4	6	8	25	30	44	97	24	5	19
Total Liabilities ⓘ	84	97	106	243	267	370	569	913	923	1,628
Fixed Assets
Gross Block	4	6	6	7	7	17	18	23	10	11
Accumulated Depreciation	3	4	5	6	6	12	17	21	9	6
Net Fixed Assetsⓘ	1	2	2	1	1	5	1	3	1	5
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investmentsⓘ	33	53	73	198	240	336	444	870	806	685
Inventories	0	0	0	0	0	0	0	0	0	0
Trade Receivables	15	18	12	22	7	8	4	1	3	5
Cash Equivalents ⓘ	22	10	8	3	3	4	56	29	101	873
Others Assetsⓘ	14	14	12	19	16	17	63	11	13	60
Total Assets ⓘ	84	97	106	243	267	370	569	913	923	1,628

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	25	8	8	-8	3	8	49	-48	-18	-18
PBT ⓘ	37	44	13	-4	3	10	-1	-35	-21	-92
Adjustment ⓘ	-3	-23	1	18	2	3	4	25	11	78
Changes in Working Capital ⓘ	4	-1	-0	-15	1	-3	47	-38	-7	-1
Tax Paid ⓘ	-14	-12	-5	-6	-2	-2	-1	0	0	-3
Cash Flow From Investing Activity ⓘ	-6	18	-11	-44	-15	-4	-158	-321	-24	-362
Capex	-1	-2	-1	-1	0	0	0	0	-1	0
Net Investments	-9	-1	-10	-8	7	52	-72	-275	73	-274
Others ⓘ	3	21	0	-35	-22	-56	-85	-46	-97	-88
Cash Flow From Financing Activityⓘ	-16	-20	0	46	12	-3	108	314	39	750
Net Proceeds from Shares ⓘ	0	0	0	77	12	3	112	318	42	760
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	-1
Dividend Paid ⓘ	0	-20	0	-30	0	0	0	0	0	0
Others ⓘ	-16	0	0	-1	0	-5	-4	-3	-3	-10
Net Cash Flow ⓘ	3	6	-2	-5	0	1	-1	-55	-3	369

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	42.71	46.85	11.31	-7.15	1.03	2.56	0.21	-5.03	-2.66	-7.75
ROCE (%)	63.37	63.61	16.03	-2.28	1.32	3.69	-0.17	-5.01	-2.32	-7.18
Asset Turnover Ratio	1.22	1.29	0.76	0.38	0.17	0.14	0.07	0.03	0.02	0.02
PAT to CFO Conversion(x)	1	0.25	0.89	N/A	1.5	1.14	49	N/A	N/A	N/A
Working Capital Days
Receivable Days	48	51	71	93	124	62	70	42	28	63
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0	0	0	0

Nazara Technologies Ltd Stock News

Nazara Technologies Ltd FAQs

What is the share price of Nazara Technologies?

Company share prices are keep on changing according to the market conditions. The closing price of Nazara Technologies on 05-Nov-2024 13:53 is ₹928.0.

What is the market cap of Nazara Technologies?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 05-Nov-2024 13:53 the market cap of Nazara Technologies stood at ₹7,132.5.

What is the P/E ratio of Nazara Technologies?

The latest P/E ratio of Nazara Technologies as of 05-Nov-2024 13:53 is 0.00.

What is the P/B ratio of Nazara Technologies?

The latest P/B ratio of Nazara Technologies as of 05-Nov-2024 13:53 is 4.43.

What is the 52-week high and low of Nazara Technologies?

The 52-week high of Nazara Technologies is ₹1,124.2 and the 52-week low is ₹590.9.

What is the TTM revenue of Nazara Technologies?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nazara Technologies is ₹26.55 ( Cr.) .

About Nazara Technologies Ltd

The company is the leading India based diversified gaming and sports media platform with presence in India and across emerging and developed global markets such as Africa and North America, and offerings across the interactive gaming, eSports and gamified early learning ecosystems including World Cricket Championship (WCC) and CarromClash in mobile games, Kiddopia in gamified early learning, Nodwin and Sportskeeda in eSports and eSports media, and Halaplay and Qunami in skill-based, fantasy and trivia games.

The company’s goal is to cater to billion plus mobile internet players across emerging markets who have embraced social multiplayer interactive gaming as the foremost form of entertainment. The company seeks to achieve this by providing interactive mobile games, eSports content and gamified early learning apps which are entertaining, locally relevant and result in positive engagement and longer retention of users of company’s platform. Given the company’s market-first position in India across sports simulation and eSports, it is well placed to leverage the opportunity that interactive mobile games, eSports content and gamified early learning apps offer. Its effort has been to grow revenue and profitability concurrently by leveraging its capabilities of in-house content creation, game engine development, technology stack development, its relationships with other participants in gaming ecosystems and its skilled leadership.

Business area of the bank

Nazara Technologies is a leading mobile game company in India. The company offers a range of diversified gaming products across the Interactive gaming, eSports, and gamified early learning ecosystem across emerging markets i.e. India, Africa, South East Asia, Middle East, and Latin America.

Major events and milestones

2004: Launched java games pay per download with BPL and Hutch.
2004: Signed an exclusive agreement with Sachin Tendulkar for three years.
2005: First round of investment by WestBridge.
2005: Signed an exclusive agreement with M.S. Dhoni.
2006: Commenced work with telecom operators such as Tata Teleservices Limited and Vodafone.
2007: Second round of investment from WestBridge.
2007: Commenced work with Bharti Airtel, one of our telecom partners.
2008: Signed an exclusive wireless content distribution agreement with Electronic Arts Asia Pacific Pte Ltd. to market, distribute, reproduce and sublicense its contents in India through specified distribution channels.
2009: Launched the subscription based ‘Games Club’ model on Reliance Communications Infrastructure Limited.
2011: Commenced business operations in the Middle East and established an office in Dubai.
2013: Commenced business in Zambia, Uganda, Nigeria, Singapore, Mauritius and Kenya.
2015: Commenced the Freemium business in India.
2015: Signed licensing deal with Virat Kohli and Hrithik Roshan and executed exclusive licensing agreement for Chota Bheem.
2017: Acquisition of 52.38% the paid-up equity share capital of Next Wave.
2018: Acquisition of 54.99% the paid-up equity share capital of Nodwin Gaming and launch of eSports business of the Company.
2019: Acquisition of 100.00% of the paid-up equity share capital of CrimzonCode
2019: Acquisition of 62.53% of the paid –up equity share capital of Sports Unity.
2020: Acquisition of 50.91% of the paid-up equity share capital of Paper Boat.
2021: Investment of Rs 1,000.00 million by Instant Growth Limited in Company.
2021: nvestment of Rs 1,098.46 million by Krafton, Inc. into Nodwin Gaming.