Nazara Technologies Future Growth

Future criteria checks 4/6

Nazara Technologies is forecast to grow earnings and revenue by 24.2% and 17.4% per annum respectively. EPS is expected to grow by 22.6% per annum. Return on equity is forecast to be 7.2% in 3 years.

Key information

24.2%

Earnings growth rate

22.6%

EPS growth rate

Entertainment earnings growth	37.4%
Revenue growth rate	17.4%
Future return on equity	7.2%
Analyst coverage	Good
Last updated	24 Sep 2024

Recent future growth updates

Recent updates

Shareholders Will Probably Hold Off On Increasing Nazara Technologies Limited's (NSE:NAZARA) CEO Compensation For The Time Being

Sep 24

The Market Lifts Nazara Technologies Limited (NSE:NAZARA) Shares 27% But It Can Do More

Jun 07

Analyst Forecasts Just Became More Bearish On Nazara Technologies Limited (NSE:NAZARA)

Jun 06

Shareholders Can Be Confident That Nazara Technologies' (NSE:NAZARA) Earnings Are High Quality

Jun 01

Does Nazara Technologies (NSE:NAZARA) Deserve A Spot On Your Watchlist?

Apr 10

Risks Still Elevated At These Prices As Nazara Technologies Limited (NSE:NAZARA) Shares Dive 27%

Mar 14

Nazara Technologies' (NSE:NAZARA) Solid Profits Have Weak Fundamentals

Nov 16

Should You Be Adding Nazara Technologies (NSE:NAZARA) To Your Watchlist Today?

Aug 02

A Piece Of The Puzzle Missing From Nazara Technologies Limited's (NSE:NAZARA) Share Price

Jun 14

Nazara Technologies Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 12

Earnings and Revenue Growth Forecasts

NSEI:NAZARA - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	20,844	1,703	2,265	N/A	7
3/31/2026	18,040	1,369	1,592	N/A	11
3/31/2025	15,063	1,116	2,339	N/A	9
6/30/2024	11,339	744	N/A	N/A	N/A
3/31/2024	11,383	713	639	908	N/A
12/31/2023	11,615	681	N/A	N/A	N/A
9/30/2023	11,559	592	158	229	N/A
6/30/2023	11,223	496	N/A	N/A	N/A
3/31/2023	10,911	414	2	84	N/A
12/31/2022	9,792	417	N/A	N/A	N/A
9/30/2022	8,502	339	649	808	N/A
6/30/2022	7,136	346	N/A	N/A	N/A
3/31/2022	6,241	284	498	621	N/A
12/31/2021	5,700	270	N/A	N/A	N/A
9/30/2021	5,145	278	700	735	N/A
6/30/2021	4,949	424	N/A	N/A	N/A
3/31/2021	4,542	92	647	679	N/A
3/31/2020	2,475	-21	-92	-22	N/A
3/31/2019	1,698	151	77	137	N/A
3/31/2017	1,902	597	N/A	568	N/A
3/31/2016	2,112	645	N/A	591	N/A
3/31/2015	1,530	591	N/A	520	N/A
3/31/2014	874	289	N/A	220	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NAZARA's forecast earnings growth (24.2% per year) is above the savings rate (6.7%).

Earnings vs Market: NAZARA's earnings (24.2% per year) are forecast to grow faster than the Indian market (17.2% per year).

High Growth Earnings: NAZARA's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NAZARA's revenue (17.4% per year) is forecast to grow faster than the Indian market (10.1% per year).

High Growth Revenue: NAZARA's revenue (17.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NAZARA's Return on Equity is forecast to be low in 3 years time (7.2%).

Nazara Technologies Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 7.1% to ₹902

Price target increased by 7.7% to ₹842

Consensus revenue estimates decrease by 10%, EPS upgraded

Price target decreased by 8.4% to ₹777

Consensus EPS estimates increase by 26%, revenue downgraded

Price target increased by 7.3% to ₹851

Recent updates

Shareholders Will Probably Hold Off On Increasing Nazara Technologies Limited's (NSE:NAZARA) CEO Compensation For The Time Being

Nazara Technologies Limited announced that it expects to receive INR 9.000000925 billion in funding from a group of investors

Nazara Technologies Limited (NSEI:NAZARA) agreed to acquire an additional 19.35% stake in Absolute Sports Private Limited from Porush Jain and Srinivas Cuddapah for INR 14.5 billion.

Price target increased by 7.1% to ₹902

Nazara Technologies Limited, Annual General Meeting, Sep 30, 2024

Nazara Technologies Limited Announces Re-Constitution of the Audit Committee and the Nomination, Remuneration and Compensation Committee

Price target increased by 7.7% to ₹842

First quarter 2025 earnings: EPS and revenues miss analyst expectations

Nazara Technologies Limited to Report Q1, 2025 Results on Aug 13, 2024

Nazara Technologies Limited (NSEI:NAZARA) acquired Fusebox Games Ltd for INR 2.28 billion.

Nazara Technologies Limited (NSEI:NAZARA) entered into a Share Purchase Agreement to acquire remaining 48.42% stake in Paper Boat Apps Pvt. Ltd. from Anupam Dhanuka and Anshu Dhanuka for INR 3 billion.

The Market Lifts Nazara Technologies Limited (NSE:NAZARA) Shares 27% But It Can Do More

New minor risk - Share price stability

Analyst Forecasts Just Became More Bearish On Nazara Technologies Limited (NSE:NAZARA)

Shareholders Can Be Confident That Nazara Technologies' (NSE:NAZARA) Earnings Are High Quality

Consensus revenue estimates decrease by 10%, EPS upgraded

Price target decreased by 8.4% to ₹777

Now 22% overvalued

Full year 2024 earnings: EPS and revenues miss analyst expectations

Nazara Technologies Limited to Report Q4, 2024 Results on May 24, 2024

Nazara Tech, Resurgent-Led Consortium Reportedly Bid for Smaaash

Does Nazara Technologies (NSE:NAZARA) Deserve A Spot On Your Watchlist?

Nazara Technologies Limited (NSEI:NAZARA) completed the acquisition of 10.77% stake in Kofluence Tech Private Limited from group of sellers for approximately INR 310 million.

Risks Still Elevated At These Prices As Nazara Technologies Limited (NSE:NAZARA) Shares Dive 27%

Consensus EPS estimates increase by 26%, revenue downgraded

Third quarter 2024 earnings released: EPS: ₹3.47 (vs ₹2.76 in 3Q 2023)

Nazara Technologies Limited to Report Q3, 2024 Results on Feb 06, 2024

Nazara Technologies Limited announced that it expects to receive INR 2.824118509 billion in funding from a group of investors

Nazara Technologies' (NSE:NAZARA) Solid Profits Have Weak Fundamentals

Price target increased by 7.3% to ₹851

Second quarter 2024 earnings released: EPS: ₹2.74 (vs ₹1.48 in 2Q 2023)

Nazara Technologies Limited to Report Q2, 2024 Results on Nov 08, 2023

Nazara Technologies Limited announced that it expects to receive INR 4.099999344 billion in funding

Nazara Technologies Limited, Annual General Meeting, Sep 29, 2023

New minor risk - Shareholder dilution

Should You Be Adding Nazara Technologies (NSE:NAZARA) To Your Watchlist Today?

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Nazara Technologies Limited Appoints Varsha Vyas as Company Secretary and Compliance Officer

Nazara Technologies Limited to Report Q1, 2024 Results on Jul 28, 2023

Nazara Technologies Limited announced that it expects to receive INR 7.5 billion in funding

Nazara Technologies Limited Announces Executive Changes

A Piece Of The Puzzle Missing From Nazara Technologies Limited's (NSE:NAZARA) Share Price

Nazara Technologies Limited (NSEI:NAZARA) completed the acquisition of 19.5% stake in Nextwave Multimedia Pvt Ltd from P.R Rajendran, R Kalpana and P.R Jayashree.

Nazara Technologies Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Full year 2023 earnings: EPS misses analyst expectations

Nazara Technologies Limited (NSEI:NAZARA) entered into a Share Purchase Agreement to acquire additional 19.5% stake in Nextwave Multimedia Pvt Ltd. from P.R Rajendran, R Kalpana and P.R Jayashree for INR 150 million.

Nazara Technologies Limited to Report Q4, 2023 Results on May 09, 2023

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Nazara Technologies Limited to Report Q3, 2023 Results on Jan 24, 2023

Insufficient new directors

Nazara Technologies Limited Revises Earnings Guidance for the Fiscal Year 2023

Nazara Technologies Limited Appoints Management Changes

Second quarter 2023 earnings released: EPS: ₹1.48 (vs ₹1.66 in 2Q 2022)

Nazara Technologies Limited to Report Q2, 2023 Results on Oct 20, 2022

Insufficient new directors

Nazara Technologies Limited, Annual General Meeting, Sep 29, 2022

15 Companies Reportedly in Fray to Buy Gaming Firm Smaaash

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Nazara Technologies Ltd Appoints Anupriya Sinha Das as Head of Corporate Development

Nazara Technologies Limited to Report Q1, 2023 Results on Jul 29, 2022

Nazara Technologies Limited (BSE:543280) agreed to acquire 1% equity stake in Absolute Sports Private Limited for INR 4.99 million.

Nazara Technologies Limited to Report Fiscal Year 2022 Results on May 13, 2022

Nazara Technologies Limited Announces Voluntary Winding Up of Nazara Uganda Limited, Step Down Subsidiary

Insider recently sold ₹9.6m worth of stock

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Nazara Technologies Limited to Report Q3, 2022 Results on Feb 11, 2022

Nazara Technologies Limited (BSE:543280) agreed to acquire 55% stake in Datawrkz from Senthil Govindan, Karthigha Dhanabalan, K Arunprabu, Mayank Khirwadkar, and Vishal Tukaranm Garale for INR124 Million.

Insider recently sold ₹23m worth of stock

Interim Compliance Officer Kiran Joshi has left the company