Top 5 Online Gaming Stocks in India That Could Be the Next Multibaggers
Talking about the Indian gaming scene, it has really pulled out in recent years. For this, the credit goes to the surge in smartphone utilization, affordable data plans, the gradual rise in exports, and the popularity of the game-based learning method. Online gaming stocks in India are gaining attention as well. With a younger section of the consumer base leading the charge, this shift towards gaming has created a perfect environment for several publicly traded companies. These companies are either fully focused on game or gaming technology development or are holding significant stakes in mobile companies, fantasy sports, esports, or even casino gaming.
In this article, let’s take a look at five publicly listed companies that investors contemplate as potential “multibaggers”. And also take a look at why each of the firm offer impressive returns? We will also understand the key risks involved, mainly regulatory challenges, which are a hot topic for 2025. While reading this article, you can note that this is more of a research-oriented write-up meant to spark ideas and not a financial advice. Always make sure to do your own part of research before investing in online gaming stocks in India.
What are gaming stocks in India?
Discussing about gaming stocks in India, it represents shares of businesses involved in various gaming technology sectors like online gaming, esports, fantasy sports, casinos, as well as mobile entertainment. These companies generate revenue by developing different types of games, real-money skill-based platforms, esports tournaments, or by offering gaming-related technology as well as solutions. Some well-known companies in this genre include Nazara Technologies, which runs interesting gaming platforms, as well as Delta Corp. These organizations are famous for their casinos as well as online poker offerings. Smaller players like On Mobile Global also cater to mobile gaming services. Certain IT sector firms like Tech Mahindra, along with Zensar Technologies supply offer backend solutions to gaming companies around the globe.
The gradual emergence of the gaming stocks is highly motivated by India’s younger population. This popularity is due to the internet access, along with a growing enthusiasm for enticing fantasy sports. However, these stocks also face challenges from regulatory changes, several taxation policies, as well as shifting consumer preferences. Investors usually observe them as high-growth but also high-risk opportunities that could actually generate profitable returns over the next decade.
Factors to Consider While Investing in Gaming Stocks in India
When diving into gaming and entertainment stocks, NSE or gaming sector investment opportunities, it’s highly prudent for investors to take a close look at the business model. The business might be related to casual gaming, e-sports, entertainment, or tech services. This gaming sector mainly depends on and relates to various genres of revenue streams like ads, subscriptions, and even real-money gaming. The regulatory landscape plays a vital role too, as any kind of change or amendment in property related policy can have a big impact on earnings. It’s highly crucial to evaluate the financial health, growth potential, along profitability of these companies. This can help to drive Indian gaming industry stocks to become agile and unsustainable.
If you are willing to invest, do keep an eye on user base growth, engagement levels, and how well they can scale globally. Remember, competitive positioning, partnerships, as well as business acquisitions can also readily shape their long-term prospects. Before investing, be aware and make sure to carefully consider stocks valuation along with risks. But why? It’s mainly because gaming stocks can make a sharp stride. Moreover, they often come with a lot of eccentricity, making a disciplined as well as diversified investment strategy crucial.
Top online gaming stocks in India 2025
Thinking about which company to invest in for gaming stocks in India? Well, we can provide you with a list of top online gaming stocks in India 2025. Take a look.
Nazara Technologies
Nazara is well-known as India’s top-notch pure-play gaming platform and is also a publicly traded company. The company’s diverse portfolio comprises mobile games, e-sports, game-based learning, as well as sports media. The company also invests in platforms like Sportskeeda. This makes Nazara a top choice for investors willing to gain direct exposure to the online gaming sector. Recently, this company has depicted an impressive top-line growth, as well as the management team has been actively acquiring high-growth assets that have the potential to scale on a global level.
The company’s presence across multiple sectors like that as games, e-sports, as well as learning, makes various monetization opportunities. If the company carries on to boost user engagement as well as converts more free users into paying or ad-supported customers, it could lead to a significant increase in revenue and earnings. Moreover, mergers as well as acquisitions, along with strategic partnerships, cater to growth potential.
Top Stocks for Investment in 2025: Safe Picks for Beginners & Long-Term Investors
Delta Corp
The company is widely known as the largest publicly traded casino operator in India. The company has a strong presence in both land-based and cruise casinos. With the gradual progression of years, the company has gradually branched out into online poker and an array of skill-gaming options.
For several investors who are buoyant about the Indian consumer’s increasing spending on entertainment as well as gaming in the coming years, can rightly invest in Delta. Delta caters a distinctive blend of physical assets and a robust online platform. This hybrid model stands to gain from both tourism and online revenue streams. Moreover, Delta often trades at relatively low multiples when compared to its long-term potential, making it an enticing choice for those looking for value-laden investments.
OnMobile Global
This is a relatively small company operating in this genre and not-so-well-known. However, this business specializes in several avenues like mobile entertainment, different gaming as well as contests across various markets. Traditionally, the company has been recognized as a global provider of value-added services or solutions along with mobile gaming technology. In recent years, however, OnMobile has shifted its focus towards more rapidly growing digital entertainment options.
The regular gaming-based market in India is indeed becoming enticing for investors. But achieving those multibaggers isn’t a seamless journey. The path demands solid execution, favourable monetization strategies, some successful mergers and acquisitions, as well as a supportive landscape of regulation.
Disclaimer – The stock ideas mentioned above are provided for informational or educational purpose only. If you are planning to invest in stocks it is strongly recommended to conduct thorough study of the stock market and due diligence before making any investment decisions.
FAQs About Online Gaming Stocks in India
Which are the top online gaming stocks in India?
Some of the top online gaming stocks in India can be poined out as Nazara Technologies, Delta Corp, OnMobile Global, Tech Mahindra, Zensar Technologies.
Are online gaming stocks profitable in India?
These stocks are indeed profitable, but these stocks are highly dependent on regulations, taxation, as well as consumer trends.
Which gaming company is listed in NSE/BSE?
Nazara Technologies and Delta Corp are listed on NSE and BSE.
Is investing in gaming stocks in India safe?
Investment in gaming is quite regular. Moreover, these stocks are generally considered a secure platform. However, remember that the regulatory risks implicated can lead to volatility, so it’s crucial to approach them with caution.
Which Indian gaming stocks could be the next multibaggers?
Companies like Nazara Technologies, Delta Corp, along with OnMobile Global have shown beneficial potential for significant returns.
