Nazara Technologies (BOM:543280) Gross Margin %: 82.81% (As of Mar. 2026) — 10% Above Median

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BOM:543280 Nazara Technologies Ltd BOM:543280
89 GF Score
Price ₹307.60
GF Value ₹295.84
Valuation Fairly Valued
! 9 Warning Signs
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What is Nazara Technologies Gross Margin %?

Nazara Technologies BOM:543280 +1.17% 89 Gross Margin % is 82.81% as of Mar. 2026, which is 10% above its 10-year median of 74.99. GuruFocus rates BOM:543280 with a GF Score™ of 89/100 and a GF Value™ of ₹295.84 (Fairly Valued). The stock has 9 warning signs investors should review. Among 497 Interactive Media companies, Nazara Technologies ranks better than 63.98% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Nazara Technologies's Gross Profit for the three months ended in Mar. 2026 was ₹3,294 Mil. Nazara Technologies's Revenue for the three months ended in Mar. 2026 was ₹3,978 Mil. Therefore, Nazara Technologies's Gross Margin % for the quarter that ended in Mar. 2026 was 82.81%.

Warning Sign:

Nazara Technologies Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.7%.


The historical rank and industry rank for Nazara Technologies's Gross Margin % or its related term are showing as below:

BOM:543280' s Gross Margin % Range Over the Past 10 Years
Min: 58.68   Med: 74.99   Max: 92.95
Current: 74.99


During the past 9 years, the highest Gross Margin % of Nazara Technologies was 92.95%. The lowest was 58.68%. And the median was 74.99%.

BOM:543280's Gross Margin % is ranked better than
63.98% of 497 companies
in the Interactive Media industry
Industry Median: 62.58 vs BOM:543280: 74.99

Nazara Technologies had a gross margin of 82.81% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nazara Technologies was -3.70% per year.


Nazara Technologies  (BOM:543280) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Nazara Technologies had a gross margin of 82.81% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Nazara Technologies Gross Margin % Related Terms


Nazara Technologies Gross Margin % Historical Data

* Premium members only.

The historical data trend for Nazara Technologies's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nazara Technologies Gross Margin % Chart

Nazara Technologies Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 77.55 59.48 58.68 66.22 74.99

Nazara Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.38 73.10 67.70 79.11 82.81

BOM:543280 vs NTES, EA, TTWO: Gross Margin % Comparison

For the Electronic Gaming & Multimedia subindustry, Nazara Technologies's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nazara Technologies Gross Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nazara Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nazara Technologies's Gross Margin % falls into.


BOM:543280
89GF Score
Nazara Technologies Ltd BOM:543280
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nazara Technologies Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Nazara Technologies's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=13715.3 / 18289.8
=(Revenue - Cost of Goods Sold) / Revenue
=(18289.8 - 4574.5) / 18289.8
=74.99 %

Nazara Technologies's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=3293.9 / 3977.8
=(Revenue - Cost of Goods Sold) / Revenue
=(3977.8 - 683.9) / 3977.8
=82.81 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 82.81% mean?
Nazara Technologies (BOM:543280) has a Gross Margin % of 82.81% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nazara Technologies and its competitors. This is 10% above median its historical median of 74.99. Over the past decade, Nazara Technologies' Gross Margin % has ranged from 58.68 to 92.95. According to the industry distribution chart, Nazara Technologies ranks #179 out of 497 companies in the Interactive Media industry, placing it in the top 36%.
Is Nazara Technologies' Gross Margin % too high?
Nazara Technologies' current Gross Margin % of 82.81% is 10% above median its 10-year median of 74.99. Over the past 10 years, this metric has ranged from a low of 58.68 to a high of 92.95. The Interactive Media industry median Gross Margin % is 62.58. Nazara Technologies' value of 82.81% is 32.3% above this industry median. Based on the distribution chart, Nazara Technologies ranks #179 out of 497 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Nazara Technologies has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nazara Technologies' Gross Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nazara Technologies ranks #179 out of 497 companies for Gross Margin %. This puts Nazara Technologies in the upper half of its industry. The industry median Gross Margin % is 62.58. Nazara Technologies' value of 82.81% is 32.3% above this benchmark. Historically, Nazara Technologies' own Gross Margin % has ranged from 58.68 to 92.95 over the past decade. While the company's 10-year median is 74.99 vs. the industry median of 62.58, Nazara Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Interactive Media company?
The median Gross Margin % among Interactive Media companies is 62.58, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nazara Technologies's current Gross Margin % of 82.81% is 32.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Nazara Technologies and its competitors. For the Interactive Media industry, the median Gross Margin % is 62.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nazara Technologies's current Gross Margin % is 82.81%, which is 10% above median its own 10-year median of 74.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nazara Technologies stock overvalued right now?
Based on GuruFocus' analysis, Nazara Technologies (BOM:543280) is currently considered Fairly Valued. The stock's GF Value™ is ₹295.84, compared to a current price of ₹307.60 — trading 4% above its estimated fair value. The current Gross Margin % is 82.81%, which is 10% above median its 10-year median of 74.99 and 32.3% above the Interactive Media industry median of 62.58. Nazara Technologies' overall GF Score™ is 89/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Nazara Technologies (BOM:543280), the current Gross Margin % is 82.81% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nazara Technologies (BOM:543280) Overvalued in 2026?

Based on GuruFocus' analysis, Nazara Technologies stock appears to be overvalued. The current stock price of ₹307.60 is trading 4% above its estimated GF Value™ of ₹295.84. GuruFocus considers Nazara Technologies to be Fairly Valued.

Key valuation signals for BOM:543280:

  • Gross Margin %: 82.81% (10% above median its 10-year median of 74.99)
  • GF Value™: ₹295.84 vs. price of ₹307.60 (4% above fair value)
  • GF Score™: 89/100 with 9 warning signs
  • Industry Position: 32.3% above the Interactive Media median (#179 of 497)

No single metric tells the full story. See the BOM:543280 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nazara Technologies Business Description

Other Exchanges NAZARA:India
Address 51-54, Maker Chambers 3, Nariman Point, Mumbai, MH, IND, 400021
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.
89GF Score

Get the complete analysis for BOM:543280

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹307.60
Price
₹295.84
GF Value