🎉 M&A multiples are live!
Check it out!

Nazara Technologies Valuation Multiples

Discover revenue and EBITDA valuation multiples for Nazara Technologies and similar public comparables like Trophy Games, PlaySide Studios, and Azerion Group.

Nazara Technologies Overview

About Nazara Technologies

Nazara Technologies Ltd is a mobile game company in India. The company has offerings across the interactive gaming, eSports, ad-tech, and gamified early learning ecosystems including World Cricket Championship (WCC) and CarromClash in mobile games, Kiddopia in gamified early learning, Nodwin, PublishMe and Sportskeeda in eSports and eSports media, OpenPlay, Halaplay and Qunami in skill-based, fantasy and trivia games, and Datawrkz in digital ad tech. The company's segment includes Gaming; eSports; and Ad tech. It generates maximum revenue from the eSports segment. Geographically, it derives a majority of its revenue from the USA.


Founded

1999

HQ

India
Employees

74

Website

nazara.com

Financials

LTM Revenue $202M

LTM EBITDA $19.2M

EV

$1.3B

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 12K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Nazara Technologies Financials

Nazara Technologies has a last 12-month revenue (LTM) of $202M and a last 12-month EBITDA of $19.2M.

In the most recent fiscal year, Nazara Technologies achieved revenue of $190M and an EBITDA of $24.1M.

Nazara Technologies expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Nazara Technologies valuation multiples based on analyst estimates

Nazara Technologies P&L

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue $202M XXX $190M XXX XXX XXX
Gross Profit $106M XXX $126M XXX XXX XXX
Gross Margin 52% XXX 66% XXX XXX XXX
EBITDA $19.2M XXX $24.1M XXX XXX XXX
EBITDA Margin 9% XXX 13% XXX XXX XXX
EBIT $2.6M XXX $4.2M XXX XXX XXX
EBIT Margin 1% XXX 2% XXX XXX XXX
Net Profit $10.0M XXX $8.9M XXX XXX XXX
Net Margin 5% XXX 5% XXX XXX XXX
Net Debt XXX XXX n/a XXX XXX XXX

Financial data powered by Morningstar, Inc.

Nazara Technologies Stock Performance

As of May 30, 2025, Nazara Technologies's stock price is INR 1292 (or $15).

Nazara Technologies has current market cap of INR 113B (or $1.3B), and EV of INR 109B (or $1.3B).

See Nazara Technologies trading valuation data

Nazara Technologies Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$1.3B $1.3B XXX XXX XXX XXX $0.12

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

Nazara Technologies Valuation Multiples

As of May 30, 2025, Nazara Technologies has market cap of $1.3B and EV of $1.3B.

Nazara Technologies's trades at 7.2x EV/Revenue multiple, and 54.8x EV/EBITDA.

Equity research analysts estimate Nazara Technologies's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

Nazara Technologies has a P/E ratio of 133.0x.

See valuation multiples for Nazara Technologies and 12K+ public comps

Nazara Technologies Financial Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $1.3B XXX $1.3B XXX XXX XXX
EV (current) $1.3B XXX $1.3B XXX XXX XXX
EV/Revenue 6.3x XXX 7.2x XXX XXX XXX
EV/EBITDA 66.3x XXX 54.8x XXX XXX XXX
EV/EBIT 484.7x XXX 235.8x XXX XXX XXX
EV/Gross Profit 12.0x XXX n/a XXX XXX XXX
P/E 133.0x XXX 159.5x XXX XXX XXX
EV/FCF -6511.0x XXX -237.8x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Nazara Technologies Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

Nazara Technologies Margins & Growth Rates

Nazara Technologies's last 12 month revenue growth is 34%

Nazara Technologies's revenue per employee in the last FY averaged $2.6M, while opex per employee averaged $1.6M for the same period.

Nazara Technologies's rule of 40 is 47% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Nazara Technologies's rule of X is 95% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Nazara Technologies and other 12K+ public comps

Nazara Technologies Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth 34% XXX 31% XXX XXX XXX
EBITDA Margin 9% XXX 13% XXX XXX XXX
EBITDA Growth 56% XXX 24% XXX XXX XXX
Rule of 40 47% XXX 47% XXX XXX XXX
Bessemer Rule of X XXX XXX 95% XXX XXX XXX
Revenue per Employee XXX XXX $2.6M XXX XXX XXX
Opex per Employee XXX XXX $1.6M XXX XXX XXX
S&M Expenses to Revenue XXX XXX 23% XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX n/a XXX XXX XXX
Opex to Revenue XXX XXX 64% XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Nazara Technologies Public Comps

See public comps and valuation multiples for Gaming - Mobile and E-Sports comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Azerion Group XXX XXX XXX XXX XXX XXX
PlaySide Studios XXX XXX XXX XXX XXX XXX
OnMobile XXX XXX XXX XXX XXX XXX
Trophy Games XXX XXX XXX XXX XXX XXX
CMGE Technology Group XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

Nazara Technologies M&A and Investment Activity

Nazara Technologies acquired  XXX companies to date.

Last acquisition by Nazara Technologies was  XXXXXXXX, XXXXX XXXXX XXXXXX . Nazara Technologies acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Nazara Technologies

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Start Free Trial

About Nazara Technologies

When was Nazara Technologies founded? Nazara Technologies was founded in 1999.
Where is Nazara Technologies headquartered? Nazara Technologies is headquartered in India.
How many employees does Nazara Technologies have? As of today, Nazara Technologies has 74 employees.
Who is the CEO of Nazara Technologies? Nazara Technologies's CEO is Mr. Nitish Vikash Mittersain.
Is Nazara Technologies publicy listed? Yes, Nazara Technologies is a public company listed on BOM.
What is the stock symbol of Nazara Technologies? Nazara Technologies trades under 543280 ticker.
When did Nazara Technologies go public? Nazara Technologies went public in 2021.
Who are competitors of Nazara Technologies? Similar companies to Nazara Technologies include e.g. Azerion Group, PlaySide Studios, OnMobile, Trophy Games.
What is the current market cap of Nazara Technologies? Nazara Technologies's current market cap is $1.3B
What is the current revenue of Nazara Technologies? Nazara Technologies's last 12 months revenue is $202M.
What is the current revenue growth of Nazara Technologies? Nazara Technologies revenue growth (NTM/LTM) is 34%.
What is the current EV/Revenue multiple of Nazara Technologies? Current revenue multiple of Nazara Technologies is 6.3x.
Is Nazara Technologies profitable? Yes, Nazara Technologies is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Nazara Technologies? Nazara Technologies's last 12 months EBITDA is $19.2M.
What is Nazara Technologies's EBITDA margin? Nazara Technologies's last 12 months EBITDA margin is 9%.
What is the current EV/EBITDA multiple of Nazara Technologies? Current EBITDA multiple of Nazara Technologies is 66.3x.
What is the current FCF of Nazara Technologies? Nazara Technologies's last 12 months FCF is -$0.2M.
What is Nazara Technologies's FCF margin? Nazara Technologies's last 12 months FCF margin is 0%.
What is the current EV/FCF multiple of Nazara Technologies? Current FCF multiple of Nazara Technologies is -6511.0x.

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.