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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Nazara TechnologiesNSE:NAZARA +1.56%81 Gross Margin % is 84.22% as of Jun. 2026, which is 12% above its 10-year median of 74.99. GuruFocus rates NSE:NAZARA with a GF Score™ of 81/100 and a GF Value™ of ₹288.59 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 493 Interactive Media companies, Nazara Technologies ranks better than 66.33% on this metric.
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:
NSE:NAZARA'
s Gross Margin % Range Over the Past 10 Years
Min: 58.68 Med: 74.99 Max: 92.95
Current: 77.78
During the past 9 years, the highestGross Margin % of Nazara Technologies was 92.95%. The lowest was 58.68%. And the median was 74.99%.
NSE:NAZARA's Gross Margin % is ranked better than 66.33% of 493
companies
in the Interactive Media industry
Industry Median: 61.67
vs NSE:NAZARA: 77.78
Nazara Technologies had a gross margin of 84.22% for the quarter that ended in Jun. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Nazara Technologies was -3.70% per year.
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 84.22% for the quarter that ended in Jun. 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.
NSE:NAZARA 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.
* 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.
Nazara Technologies (NSE:NAZARA) has a Gross Margin % of 84.22% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nazara Technologies and its competitors. This is 12% 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 #166 out of 493 companies in the Interactive Media industry, placing it in the top 33.7%.
Is Nazara Technologies' Gross Margin % too high?
Nazara Technologies' current Gross Margin % of 84.22% is 12% 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 61.67. Nazara Technologies' value of 84.22% is 36.6% above this industry median. Based on the distribution chart, Nazara Technologies ranks #166 out of 493 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Nazara Technologies has a GF Score™ of 81/100 and is considered Modestly Overvalued, 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 #166 out of 493 companies for Gross Margin %. This puts Nazara Technologies in the upper half of its industry. The industry median Gross Margin % is 61.67. Nazara Technologies' value of 84.22% is 36.6% 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 61.67, 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 61.67, based on 493 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 84.22% is 36.6% 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 61.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nazara Technologies's current Gross Margin % is 84.22%, which is 12% 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 (NSE:NAZARA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹288.59, compared to a current price of ₹355.55 — trading 23.2% above its estimated fair value. The current Gross Margin % is 84.22%, which is 12% above median its 10-year median of 74.99 and 36.6% above the Interactive Media industry median of 61.67. Nazara Technologies' overall GF Score™ is 81/100 with 8 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 (NSE:NAZARA), the current Gross Margin % is 84.22% as of Jun. 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 (NSE:NAZARA) Overvalued in 2026?
Based on GuruFocus' analysis, Nazara Technologies stock appears to be overvalued.
The current stock price of ₹355.55 is trading 23.2% above its estimated GF Value™ of ₹288.59.
GuruFocus considers Nazara Technologies to be Modestly Overvalued.
Key valuation signals for NSE:NAZARA:
Gross Margin %: 84.22% (12% above median its 10-year median of 74.99)
GF Value™: ₹288.59 vs. price of ₹355.55 (23.2% above fair value)
Industry Position: 36.6% above the Interactive Media median (#166 of 493)
No single metric tells the full story. See the NSE:NAZARA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
81GF Score
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