Nazara Technologies Limited (NSE:NAZARA)

Nazara Technologies Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Operating Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	131.6	958.4	753.5	565.7	888	284
Depreciation & Amortization	2,040	2,080	918.8	486.3	433.3	320
Other Amortization	225.3	225.3	258.1	183.6	138.2	70
Loss (Gain) From Sale of Assets	1.4	-11,135	23.9	-119.8	3.2	-5
Asset Writedown & Restructuring Costs	-	-	-	268.3	86.3	26
Loss (Gain) From Sale of Investments	-9,211	-874.3	27.2	-224.2	-287.2	-34
Loss (Gain) on Equity Investments	1,164	2,785	77	20.1	-	5
Stock-Based Compensation	41.9	19.1	62.7	49.2	11	33
Provision & Write-off of Bad Debts	60.5	52.2	47.3	61.2	26.8	30
Other Operating Activities	8,591	7,992	-919.8	-196.4	-362.7	173
Change in Accounts Receivable	726	703.1	-773.5	-690.7	-1,629	-130
Change in Inventory	4.6	-37	-1.2	-130.8	-183.8	-13
Change in Accounts Payable	-2,187	-1,592	197.1	841.3	962.8	-222
Change in Other Net Operating Assets	-58.9	161.2	100.4	-58.8	-5.6	84
Operating Cash Flow	1,528	1,486	655	907.9	84.2	621
Operating Cash Flow Growth	70.26%	126.92%	-27.86%	978.27%	-86.44%	-8.54%

Investing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-1,343	-1,127	-1,478	-268.5	-82.7	-123
Sale of Property, Plant & Equipment	1.7	0.8	0.7	0.1	1.3	9
Cash Acquisitions	-5,523	-2,317	-7,593	-932	-1,337	-1,293
Investment in Securities	4,482	-2,089	-2,739	-4,741	382.1	-1,990
Other Investing Activities	53.8	107.6	469.2	-88.2	83.6	61
Investing Cash Flow	-2,328	-5,425	-11,340	-6,030	-952.4	-3,336

Financing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Short-Term Debt Issued	-	-	-	-	262.2	-
Long-Term Debt Issued	-	551.1	75.1	382.6	-	-
Total Debt Issued	551.1	551.1	75.1	382.6	262.2	-
Long-Term Debt Repaid	-	-1,802	-561.2	-34	-71.1	-38
Net Debt Issued (Repaid)	-239.7	-1,251	-486.1	348.6	191.1	-38
Issuance of Common Stock	3,960	4,950	8,591	7,519	163.1	3,160
Other Financing Activities	-136.8	-90.5	-55.7	1,595	-209	226
Financing Cash Flow	3,584	3,609	8,049	9,463	145.2	3,348

Net Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	-302.2	-378.3	-44	33.2	63.4	48
Miscellaneous Cash Flow Adjustments	0.3	-534.1	-2.4	-124.8	-	-1
Net Cash Flow	2,482	-1,242	-2,682	4,249	-659.6	680

Free Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	185.9	359.1	-822.8	639.4	1.5	498
Free Cash Flow Growth	-	-	-	42526.67%	-99.70%	-23.03%
Free Cash Flow Margin	0.91%	1.96%	-5.07%	5.62%	0.01%	7.98%
Free Cash Flow Per Share	0.50	0.98	-2.57	2.31	0.01	1.99
Levered Free Cash Flow	23,457	1,380	765.34	661.28	-62.78	416.5
Unlevered Free Cash Flow	23,569	1,520	827.46	703.78	-33.28	420.25

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	131	189.5	98	68	46.9	5
Cash Income Tax Paid	267.1	425.6	528	405.6	260.4	190
Change in Working Capital	-1,515	-765.1	-477.2	-39	-856	-281

Data Source: S&P Global Market Intelligence Last updated: Oct 26, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 29, 2026

Data Sources Report a data error