Nazara Technologies Limited

NSEI:NAZARA Stock Report

Market Cap: ₹90.0b

Nazara Technologies Management

Management criteria checks 3/4

Nazara Technologies' CEO is Nitish Mittersain, appointed in Jan 1999, has a tenure of 25.92 years. total yearly compensation is ₹39.49M, comprised of 73.5% salary and 26.5% bonuses, including company stock and options. directly owns 2.37% of the company’s shares, worth ₹2.14B. The average tenure of the management team and the board of directors is 8.5 years and 6.9 years respectively.

Key information

Nitish Mittersain

Chief executive officer

₹39.5m

Total compensation

CEO salary percentage73.5%
CEO tenure25.9yrs
CEO ownership2.4%
Management average tenure8.5yrs
Board average tenure6.9yrs

Recent management updates

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

Sep 24
Shareholders Will Probably Hold Off On Increasing Nazara Technologies Limited's (NSE:NAZARA) CEO Compensation For The Time Being

Recent updates

Here's Why We Think Nazara Technologies (NSE:NAZARA) Is Well Worth Watching

Dec 09
Here's Why We Think Nazara Technologies (NSE:NAZARA) Is Well Worth Watching

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

Sep 24
Shareholders Will Probably Hold Off On Increasing Nazara Technologies Limited's (NSE:NAZARA) CEO Compensation For The Time Being

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

Jun 07
The Market Lifts Nazara Technologies Limited (NSE:NAZARA) Shares 27% But It Can Do More

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

Jun 06
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

Jun 01
Shareholders Can Be Confident That Nazara Technologies' (NSE:NAZARA) Earnings Are High Quality

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

Apr 10
Does Nazara Technologies (NSE:NAZARA) Deserve A Spot On Your Watchlist?

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

Mar 14
Risks Still Elevated At These Prices As Nazara Technologies Limited (NSE:NAZARA) Shares Dive 27%

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

Nov 16
Nazara Technologies' (NSE:NAZARA) Solid Profits Have Weak Fundamentals

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

Aug 02
Should You Be Adding Nazara Technologies (NSE:NAZARA) To Your Watchlist Today?

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

Jun 14
A Piece Of The Puzzle Missing From Nazara Technologies Limited's (NSE:NAZARA) Share Price

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

May 12
Nazara Technologies Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

CEO Compensation Analysis

How has Nitish Mittersain's remuneration changed compared to Nazara Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹801m

Jun 30 2024n/an/a

₹744m

Mar 31 2024₹39m₹29m

₹713m

Dec 31 2023n/an/a

₹681m

Sep 30 2023n/an/a

₹592m

Jun 30 2023n/an/a

₹496m

Mar 31 2023₹40m₹27m

₹414m

Dec 31 2022n/an/a

₹417m

Sep 30 2022n/an/a

₹339m

Jun 30 2022n/an/a

₹346m

Mar 31 2022₹33m₹21m

₹284m

Dec 31 2021n/an/a

₹270m

Sep 30 2021n/an/a

₹278m

Jun 30 2021n/an/a

₹424m

Mar 31 2021₹32m₹20m

₹92m

Mar 31 2020₹28mn/a

-₹21m

Compensation vs Market: Nitish's total compensation ($USD464.33K) is above average for companies of similar size in the Indian market ($USD353.34K).

Compensation vs Earnings: Nitish's compensation has been consistent with company performance over the past year.

CEO

Nitish Mittersain (45 yo)

25.9yrs

Tenure

₹39,490,546

Compensation

Mr. Nitish Vikash Mittersain serves as an Advisor at Playbook Partners. He serves as Chief Executive Officer of Nazara Technologies Limited since December 1, 2022. He serves as Joint Managing Director at N...

Leadership Team

NamePositionTenureCompensationOwnership
Vikash Mittersain
Chairman & MD25yrs₹15.56m0.021%
₹ 18.5m
Nitish Mittersain
Founder25.9yrs₹39.49m2.37%
₹ 2.1b
Rakesh Shah
Chief Financial Officer14.6yrs₹17.20mno data
Sudhir Kamath
Chief Operating Officer2.2yrsno datano data
Anupriya Das
Head of Corporate Development2.5yrsno datano data
Anshu Dhanuka
Co-Founder & Chief Product Officer of Paper Boatno datano datano data
Pratik Shah
Chief Executive Officer of Mastermindsportsno datano datano data
James Saldanha
Chief Executive Officer of Nazara Digitalno datano datano data

8.5yrs

Average Tenure

Experienced Management: NAZARA's management team is seasoned and experienced (8.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vikash Mittersain
Chairman & MD25yrs₹15.56m0.021%
₹ 18.5m
Nitish Mittersain
Founder25yrs₹39.49m2.37%
₹ 2.1b
Rajiv Agarwal
Non-Executive Director4.5yrs₹1.10m0.014%
₹ 12.6m
Sasha Mirchandani
Independent Non-Executive Director6.9yrs₹990.00kno data
Shobha Jagtiani
Independent Non-Executive Director6.9yrs₹1.83mno data
Probir Roy
Independent Non-Executive Director6.9yrs₹1.55m0.0047%
₹ 4.2m
Vivek Chopra
Non Executive Non Independent Directorless than a yearno datano data

6.9yrs

Average Tenure

53yo

Average Age

Experienced Board: NAZARA's board of directors are considered experienced (6.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 11:26
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nazara Technologies Limited is covered by 16 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vijayaraghavan SwaminathanAvendus Spark
Gnanasundaram SaminathanAvendus Spark
null nullBatlivala & Karani Securities India Pvt. Ltd.