Nazara Technologies (NSE:NAZARA) Interest Coverage: 0 (At Loss) (As of Jun. 2026)

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NSE:NAZARA Nazara Technologies Ltd NSE:NAZARA
81 GF Score
Price ₹355.55
GF Value ₹288.59
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Nazara Technologies Interest Coverage?

Nazara Technologies NSE:NAZARA +1.56% 81 Interest Coverage is 0 (At Loss) as of Jun. 2026. 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 311 Interactive Media companies, Nazara Technologies ranks worse than 91.32% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Nazara Technologies's Operating Income for the three months ended in Jun. 2026 was ₹-12 Mil. Nazara Technologies's Interest Expense for the three months ended in Jun. 2026 was ₹-36 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Nazara Technologies's Interest Coverage or its related term are showing as below:

NSE:NAZARA' s Interest Coverage Range Over the Past 10 Years
Min: 1.08   Med: 9.84   Max: 106.33
Current: 1.87


NSE:NAZARA's Interest Coverage is ranked worse than
91.32% of 311 companies
in the Interactive Media industry
Industry Median: 40.81 vs NSE:NAZARA: 1.87

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Nazara Technologies  (NSE:NAZARA) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Nazara Technologies Interest Coverage Related Terms


Nazara Technologies Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nazara Technologies's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Nazara Technologies Interest Coverage Chart

Nazara Technologies Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 106.33 12.03 11.35 3.60 1.08

Nazara Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Coverage 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 0.00 0.17 1.60 5.15 0.00

NSE:NAZARA vs NTES, EA, TTWO: Interest Coverage Comparison

For the Electronic Gaming & Multimedia subindustry, Nazara Technologies's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Interactive Media Industry

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

* The bar in red indicates where Nazara Technologies's Interest Coverage falls into.


NSE:NAZARA
81GF Score
Nazara Technologies Ltd NSE:NAZARA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nazara Technologies Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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

Here, for the fiscal year that ended in Mar. 2026, Nazara Technologies's Interest Expense was ₹-225 Mil. Its Operating Income was ₹243 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,194 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*242.5/-224.9
=1.08

Nazara Technologies's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Nazara Technologies's Interest Expense was ₹-36 Mil. Its Operating Income was ₹-12 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Nazara Technologies did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Nazara Technologies (NSE:NAZARA) has a Interest Coverage of 0 (At Loss) as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nazara Technologies and its competitors. Over the past decade, Nazara Technologies' Interest Coverage has ranged from 1.08 to 106.33. According to the industry distribution chart, Nazara Technologies ranks #284 out of 311 companies in the Interactive Media industry, placing it in the top 91.3%.
Is Nazara Technologies' Interest Coverage too high?
Nazara Technologies' current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 106.33. Based on the distribution chart, Nazara Technologies ranks #284 out of 311 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. 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' Interest Coverage compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nazara Technologies ranks #284 out of 311 companies for Interest Coverage. This places Nazara Technologies in the lower half of its industry. The industry median Interest Coverage is 40.81. Historically, Nazara Technologies' own Interest Coverage has ranged from 1.08 to 106.33 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Interactive Media company?
The median Interest Coverage among Interactive Media companies is 40.81, based on 311 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nazara Technologies and its competitors. For the Interactive Media industry, the median Interest Coverage is 40.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nazara Technologies's current Interest Coverage is 0 (At Loss). 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 Interest Coverage is 0 (At Loss). 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Nazara Technologies (NSE:NAZARA), the current Interest Coverage is 0 (At Loss) 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:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ₹288.59 vs. price of ₹355.55 (23.2% above fair value)
  • GF Score™: 81/100 with 8 warning signs

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 Business Description

Other Exchanges 543280: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.
81GF Score

Get the complete analysis for NSE:NAZARA

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

₹355.55
Price
₹288.59
GF Value