Nazara Tech Eyes 2X EBITDA Growth — Powered by Ad Tech & Gaming Synergy

is gearing up for an ambitious leap — aiming to double its core EBITDA in the coming years, driven by robust growth in its ad tech vertical and a steady gaming business. Strategic Outlook Nazara’s pivot toward building a high-margin, scalable ad tech ecosystem alongside its gaming IPs is a clear signal of platform monetisation maturity. By leveraging synergies between user engagement and targeted ad delivery, the company is setting the stage for sustained profitability. Key revenue engines: - Casual gaming & esports - Ad tech solutions to monetise first-party data & traffic - Global expansion in freemium markets - Industry Insight India’s gaming market is expected to reach $8.6B by 2027, but profitability remains elusive for many. Nazara’s focus on EBITDA growth—rather than just top-line expansion—is a positive divergence in an industry often plagued by burn-heavy models. This strategic balance of: - Recurring revenue - Tech-driven ad monetisation - Selective M&A (notably in Kiddopia, Sportskeeda, and Mediawrkz) …makes Nazara a standout in the Indian listed gaming space. Investor Take While the stock has been volatile, the company’s measured capital deployment and commitment to core profitability may appeal to long-term investors looking at tech-enabled entertainment plays in India. Source: NDTV Profit No Recommendations