Nazara Technologies Limited has informed the Exchange regarding a press release dated August 03, 2026, titled Nazara reports Q1FY27 revenue of INR 429 crore and EBITDA of INR 46 crore; ....
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 03 Aug 2026, 10:15 PM IST · BSE ID: e05191fb-f462-4752-9758-2de7b8280d16
View Original BSE Filing (PDF)
💡
In Simple Terms
Nazara Technologies reported Q1 earnings, appointed a new CEO, and sped up a USD 303 million acquisition.
🤖 AI Summary
- Nazara Technologies reported Q1FY27 consolidated revenue of INR 429 crore and EBITDA of INR 46 crore.
- Raymond A. Stauffer appointed Chief Executive Officer, effective September 1, 2026.
- Accelerated 100% acquisition of Bluetile and BestPlay for USD 303 million all-cash consideration.
- Gaming segment revenue increased 14% YoY to INR 275 crore, generating INR 54 crore EBITDA.
- Reported loss after tax from continuing operations was INR 82 crore for Q1FY27.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Q1FY27 Consolidated Revenue
INR 429 crore
Q1FY27 Consolidated EBITDA
INR 46 crore
Q1FY27 Gaming Revenue
INR 275 crore
14%
Q1FY27 Gaming EBITDA
INR 54 crore
Bluetile & BestPlay Acquisition Value
USD 303 million
Q1FY27 Bluetile & BestPlay Revenue (Pro-forma)
INR 518 crore
Q1FY27 Bluetile & BestPlay EBITDA (Pro-forma)
INR 55 crore
Q1FY27 Loss after tax from continuing operations
INR 82 crore
🏢 How This Affects the Company
The acquisition of Bluetile and BestPlay will materially increase Nazara's operational scale and revenue base from Q2FY27, adding INR 518 crore of revenue in Q1FY27 (pro-forma). The appointment of a new CEO signals a strategic focus on operating integration and performance across the portfolio.
Consolidated revenue declined 14% YoY to INR 429 crore due to deconsolidation of NODWIN Gaming, but comparable revenue grew approximately 9% YoY excluding NODWIN. The USD 303 million all-cash acquisition will impact cash reserves, with USD 89 million payable at closing and USD 214 million by April 1, 2027.
The amended acquisition structure provides immediate operating integration and full economics upon closing, allowing for development of shared AI and analytics capabilities. Raymond A. Stauffer will lead day-to-day operations and integration across the Nazara Group.
The all-cash acquisition of Bluetile and BestPlay for USD 303 million, with a significant portion payable by April 2027, introduces liquidity management considerations for the company.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this filing.
👤
Who Is Affected
Shareholders will see changes in the company's financial reporting and operational structure from Q2FY27, with the consolidation of Bluetile and BestPlay revenues and the new CEO's strategic direction.
🔍
Management Signal
Management is signaling a strategic pivot towards significant scale expansion through acquisitions and strengthened leadership focusing on integration and core gaming businesses.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2FY27 financial results — verify consolidation of Bluetile and BestPlay performance.
Updates on Bluetile and BestPlay acquisition closing requirements completion.
Details on Raymond A. Stauffer's strategic initiatives as new CEO post-September 1, 2026.
MEDIUM RISK
Significant all-cash acquisition for USD 303 million, with tranches payable through April 2027, requires effective cash management.
💡 Investor Takeaway
Nazara Technologies reported Q1FY27 consolidated revenue of INR 429 crore, with gaming revenue up 14% YoY to INR 275 crore. The company accelerated the 100% acquisition of Bluetile and BestPlay for USD 303 million, expected to significantly increase consolidated scale from Q2FY27. Raymond A. Stauffer was appointed CEO.
⚖️ Strengths & Concerns
✅ Positives
- Gaming segment revenue grew 14% YoY to INR 275 crore with an EBITDA margin of 19.5% in Q1FY27.
- Bluetile and BestPlay, subject to closing, reported INR 518 crore of revenue and INR 55 crore of EBITDA in Q1FY27, indicating substantial scale addition.
⚠️ Concerns
- Consolidated revenue declined 14% YoY to INR 429 crore in Q1FY27 due to NODWIN Gaming deconsolidation.
- Reported loss after tax from continuing operations was INR 82 crore, including INR 62 crore share of losses from associates and INR 22 crore impairment loss.
📅 Company Track Record
Nazara Technologies reported an impairment loss of Rs. 91,470 lakhs and faced GST demands of Rs. 10,64,327 lakhs in its FY26 results filed May 2026. This Q1FY27 report follows the approval of these results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What were Nazara Technologies' consolidated revenue and EBITDA for Q1FY27?
Nazara Technologies reported consolidated revenue of INR 429 crore and EBITDA of INR 46 crore for the quarter ended June 30, 2026 (Q1FY27).
Who has been appointed as the new CEO of Nazara Technologies?
Raymond A. Stauffer, Founder & CEO of Bluetile Games, has been appointed Chief Executive Officer of Nazara Technologies Limited, effective September 1, 2026.
What is the acquisition value of Bluetile and BestPlay by Nazara Technologies?
Nazara Technologies is acquiring 100% of Bluetile and BestPlay for a fixed all-cash consideration of USD 303 million.
What was the gaming segment's revenue growth for Nazara Technologies in Q1FY27?
The gaming segment's revenue grew 14% YoY to INR 275 crore in Q1FY27, with an EBITDA of INR 54 crore.
What was the reported loss after tax from continuing operations for Nazara Technologies in Q1FY27?
Nazara Technologies reported a loss after tax from continuing operations of INR 82 crore for Q1FY27.
Questions based on this BSE filing only. For information purposes.