{"id":128096,"date":"2022-03-03T05:26:19","date_gmt":"2022-03-03T10:26:19","guid":{"rendered":"https:\/\/44.250.171.167\/?p=128096"},"modified":"2022-10-05T06:29:02","modified_gmt":"2022-10-05T10:29:02","slug":"nazara-technologies-ltd-q3-fy22-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/nazara-technologies-ltd-q3-fy22-earnings-conference-call-insights\/","title":{"rendered":"Nazara Technologies Ltd Q3 FY22 Earnings Conference Call Insights"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Nazara Technologies Ltd Q3 FY22 Earnings Concall\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/SoeFoTGICZI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>Key highlights from Nazara Technologies Ltd (<a href=\"https:\/\/44.250.171.167\/symbol\/NAZARA\/\">NAZARA<\/a>) Q3 FY22 Earnings Concall<\/strong><\/p>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>Nitin Jain from FairView Investment asked if the company is seeing the margins dipping in 4Q. Manish Agarwal, CEO said the company would like to continue to work from a revenue growth point of view and not really maximize or optimize EBITDA. NAZARA would like to have first priority as revenue growth rather than saying that the company would throttle the growth to deliver an 18% EBITDA.<\/li>\n<\/ul>\n<ul>\n<li>Nitin Jain from FairView Investment also asked that in the Media Rights business the company were to start selling ad monetization slots and if any revenue is flowing in from there. Manish Agarwal, CEO said that it\u2019s still not done. And for NAZARA to build that competency of media selling is what it\u2019s really working on and the addition of the sales team from OML should help NAZARA.<\/li>\n<\/ul>\n<ul>\n<li>Mohan Kumar from Emkay Financial asked about the strong bump up in 3Q22 of eSports segment and if NAZARA expects this trend to continue going forward. \u00a0Manish Agarwal CEO replied that Q3 is always a very strong quarter for Nodwin. This time, Sports Keeda also became very strong which is where NAZARA got a lot of direct sales revenue. NAZARA expects very strong growth trajectory in this segment going forward.<\/li>\n<\/ul>\n<ul>\n<li>Mohan Kumar from Emkay Financial asked about the eSports and if the company expects that segment to become 45-50% of the total revenue in the coming quarters. Manish Agarwal CEO replied that looking at the first nine months, it\u2019s already 48% and in 3Q22 it\u2019s 53%.<\/li>\n<\/ul>\n<ul>\n<li>Depesh Kashyap of Equirus asked about the contribution of white label events and own events in world avenues. Manish Agarwal CEO replied that looking at 3Q, the seasonality is very strong and the partner base has increased from 20 to 60 plus partners. NAZARA\u2019s data services is about white label, own IPs, media revenues and building a D2C business with Nodwin.<\/li>\n<\/ul>\n<ul>\n<li>Depesh Kashyap of Equirus asked that with recent change in ownership of ESL, if the company thinks there is any change in licensing agreement. \u00a0Manish Agarwal CEO answered that ESL was a important partnership for Nodwin to build tradability. The company believes there is no apprehension on the partnership with ESL. However, the company doesn\u2019t have a dependency on ESL.<\/li>\n<\/ul>\n<ul>\n<li>Depesh Kashyap of Equirus asked that on Kiddopia, given the reduced marketing activity and increase in pricing, have there been any drop in rankings on market share in US. Manish Agarwal CEO answered that there has been no fall in market share in the US.<\/li>\n<\/ul>\n<ul>\n<li>Depesh Kashyap of Equirus also asked about the net debt position at the end of December and which segments is the company eying for acquisition apart from fermium already talked about. Manish Agarwal CEO said that the company will buy capabilities, capacities, geography expansion, synergies and users. The company doesn\u2019t want to focus on a particular segment or geography.<\/li>\n<\/ul>\n<ul>\n<li>Jinesh Joshi with Prabhudas Lilladher asked about annual revenue run rate of OpenPlay of about INR80 crore, yet the revenue accretion was only about INR8.6 crores which is lower. Manish Agarwal CEO replied that INR80 crore is gross revenue. The net revenue run rate was INR3.5 crores.<\/li>\n<\/ul>\n<ul>\n<li>Jinesh Joshi with Prabhudas Lilladher also asked about the $8 Kiddopia pricing and monthly ARPU of about 6.7. Manish Agarwal CEO replied that on the Kiddopia piece, the company has 70% contribution broadly coming from monthly and 30% coming from annual. Annual is $60, while monthly is $8 and weighted average is 6.5-6.6.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Nazara Technologies Ltd (NAZARA) Q3 FY22 Earnings Concall Q&amp;A Highlights: Nitin Jain from FairView Investment asked if the company is seeing the margins dipping in 4Q. Manish Agarwal, CEO said the company would like to continue to work from a revenue growth point of view and not really maximize or optimize EBITDA. [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392,8],"tags":[8532],"class_list":["post-128096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-technology-stocks","tag-technology"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":132150,"url":"https:\/\/alphastreet.com\/india\/nazara-technologies-ltd-q1-fy23-earnings-conference-call-insights\/","url_meta":{"origin":128096,"position":0},"title":"Nazara Technologies Ltd Q1 FY23 Earnings Conference Call Insights","author":"Praveen","date":"August 2, 2022","format":false,"excerpt":"Key highlights from Nazara Technologies Ltd (NAZARA) Q1 FY23 Earnings Concall Q&A Highlights: Nitin Jain of FairView Investment asked how the company is thinking about margins for FY23 and beyond. Manish Agarwal CEO said that NAZARA is looking at aggressive revenue growth and is never going to be loss making,\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":135095,"url":"https:\/\/alphastreet.com\/india\/nazara-technologies-ltd-q2-fy23-earnings-conference-call-insights\/","url_meta":{"origin":128096,"position":1},"title":"Nazara Technologies Ltd Q2 FY23 Earnings Conference Call Insights","author":"Praveen","date":"October 24, 2022","format":false,"excerpt":"Key highlights from Nazara Technologies Ltd (NAZARA) Q2 FY23 Earnings Concall Management Update: [00:07:48] NAZARA said that at Sportskeeda, it continues to grow its U.S revenues, that grew 2.6 times in 2Q23, driven by higher video revenues and strengthening offering in eSports as well as core sports. Q&A Highlights: [00:11:28]\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":139282,"url":"https:\/\/alphastreet.com\/india\/nazara-technologies-ltd-q3-fy23-earnings-conference-call-insights\/","url_meta":{"origin":128096,"position":2},"title":"Nazara Technologies Ltd Q3 FY23 Earnings Conference Call Insights","author":"Praveen","date":"January 26, 2023","format":false,"excerpt":"Key highlights from Nazara Technologies Ltd (NAZARA) Q3 FY23 Earnings Concall Management Update: [00:02:54] NAZARA said Kiddopia came back on a growth path with subscribers growing by 3.7% in 3Q23, while revenue grew by 21% aided by the price hike taken in the earlier quarter. Q&A Highlights: [00:12:27] Abhishek Kumar\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":145756,"url":"https:\/\/alphastreet.com\/india\/nazara-technologies-ltd-q4-fy23-earnings-conference-call-insights\/","url_meta":{"origin":128096,"position":3},"title":"Nazara Technologies Ltd Q4 FY23 Earnings Conference Call Insights","author":"Praveen","date":"May 11, 2023","format":false,"excerpt":"Key highlights from Nazara Technologies Ltd (NAZARA) Q4 FY23 Earnings Concall Management Update: [00:01:43] NAZARA achieved a milestone in FY23 with revenues surpassing INR 1,000 crores for the first time and EBITDA of INR109.7 crores. [00:08:14] NAZARA said Tamil Nadu's ban on online games of chance has a short-term negative\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":156192,"url":"https:\/\/alphastreet.com\/india\/nazara-technologies-ltd-q2-fy24-earnings-conference-call-insights\/","url_meta":{"origin":128096,"position":4},"title":"Nazara Technologies Ltd Q2 FY24 Earnings Conference Call Insights","author":"Praveen","date":"November 14, 2023","format":false,"excerpt":"Key highlights from Nazara Technologies Ltd (NAZARA) Q2 FY24 Earnings Concall Financial Performance Revenue increased 13% year-on-year to INR297.2 crores. EBITDA grew 30% year-on-year to INR 27.9 crores. PAT increased 53% year-on-year to INR 24.2 crores. Gaming segment revenue grew 43% and EBITDA 14% year-on-year in Q2. eSports segment revenue\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":179533,"url":"https:\/\/alphastreet.com\/india\/nazara-technologies-q3-fy26-earnings-results\/","url_meta":{"origin":128096,"position":5},"title":"Nazara Technologies Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"February 4, 2026","format":false,"excerpt":"Nazara Technologies is the leading India based diversified gaming and sports media platform with presence in India and across emerging and developed global markets such as Africa and North America, and offerings across the interactive gaming, eSports and gamified early learning ecosystems. Q3 FY26 Earnings Results Revenue from Operations: \u20b9405.9\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=128096"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128096\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=128096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=128096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=128096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}