
About NAGRA
NAGRA is a company based in Cheseaux-sur-lausanne (Switzerland) founded in 1951. The company has 492 employees. NAGRA has completed 9 acquisitions, including DVnor, EDSI Smartcards and EmbedICs. NAGRA offers products and services including NAGRAVISION, Kudelski Security, and Kudelski IoT. NAGRA operates in a competitive market with competitors including Optiv Security, CertiK, Convergint, SilverSky and NSO Group, among others.
- Annual Revenue₹152 Cr
FY 2025 · -3% YoY
- Net Profit₹12.22 Cr
FY 2025 · 8% margin
- EBITDA₹20.00 Cr
FY 2025 · 13% margin
- Employee Count492
- Investments & AcquisitionsDVnor
& 8 more
Associated legal entities of NAGRA
NAGRA is associated with 2 registered companies on The Company Check; the primary company is Nagravision India Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nagravision India Private Limited CIN U72200KA2007PTC043301 | Active | 29 Jun 2007 | Bangalore, Karnataka | ₹152 Cr | 492 | 3 | View details |
| Nagra Media Private Limited CIN U52190KA2009FTC133236 | Amalgamated | 07 Oct 2009 | Mahadevapura, Karnataka | ₹10.5 Cr | 12 | 2 | View details |
Products & Services of NAGRA
NAGRA offers a comprehensive portfolio of products and services, including NAGRAVISION, Kudelski Security, and Kudelski IoT.
Delivers integrated television solutions for secure content protection
Provides services to safeguard companies' data and systems
Offers solutions to secure IoT devices across their lifecycle
Board of directors of Nagravision India Private Limited (NAGRA)
Nagravision India Private Limited is the primary company behind NAGRA. The boards of the 2 registered companies of NAGRA currently have 4 directors; the longest-serving is Hitesh Chandrakant Lokhandwala, appointed in 2011. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hitesh Chandrakant Lokhandwala DIN 02100789 | Director | 05 Aug 2011 | 15 yrs 2 mo | Nagra Media Private Limited |
| Mark Douglas Beariault DIN 06973426 | Director | 12 Sep 2014 | 12 yrs | Nagra Media Private Limited, Nagravision India Private Limited |
| Muralidharan Regupathy DIN 08024922 | Director | 15 Dec 2017 | 8 yrs 9 mo | Nagravision India Private Limited |
| Stephane Michel Le Dreau DIN 08532194 | Director | 27 Sep 2019 | 7 yrs | Nagravision India Private Limited |
People of NAGRA
121 people are tracked at NAGRA (49 in leadership, 7 in board & advisors, 65 in team); the tracked headcount is 492.
| Name | Role | Group |
|---|---|---|
Maurice Van Riek | Senior Vice President | Leadership |
André Kudelski | Chairman and Chief Executive Officer | Leadership |
Morten Solbakken | COO | Leadership |
Mauro Saladini | CFO | Leadership |
Jeff Maher | Director Of Sales, Anti-piracy Services & Nexguard Watermarking | Leadership |
Glenda Vitali | Sales Director & Country Manager Italy | Leadership |
Nancy Goldberg | EVP, Chief Marketing and Sales Officer | Leadership |
Pierre Cyril Bolzan | Head Of Engineering Department | Leadership |
Sandy Neo | Sales Director | Leadership |
Mathieu Fivaz | Senior Vice President, Chief Data Science & AI | Leadership |
Jose Andres Sanchez Diaz | Regional Sales Account Director | Leadership |
Anita P. | Marketing Communications Director Asia Pacific | Leadership |
Brian Leshe | Director Of Finance | Leadership |
Lindy Radow | Regional Sales Director | Leadership |
Soonwah Tan | Director Program Management Office - APAC | Leadership |
Camille B. | First Vice President, Finance & Analytics | Leadership |
Sander van Leeuwen | Sales Director - Nexguard And Anti-piracy Services At Nagra | Leadership |
Ken Gerstein | Vice President Of Sales | Leadership |
Rohit Mehra | VP Sales, Americas And Global Strategic Accounts | Leadership |
Chuck Higgins | VP Engineering Nagravision USA | Leadership |
101 more people are available in the full profile.
Complete people profiles for NAGRA
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IPO & Listings of NAGRA
NAGRA is a publicly listed company on the SIX with ticker symbol KUD in Switzerland, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date27 Jul 1998
- Listed onSWX: KUD
- Listed entityKudelski SA
- Exchange sectorTechnology services
- ISINCH0012268360
- Share price1.22 CHF (-1.22% on the day) · 2026-05-11
- Market capitalisation69,101,069.00 CHF
- EPS (diluted, trailing year)-0.64 CHF
- Volume (last session)2,366
- Analyst consensusStrong sell
Financials of NAGRA
Figures of Nagravision India Private Limited, the primary company behind NAGRA, for FY 2025. Revenue was ₹152 Cr (-3% year on year). Net profit was ₹12.22 Cr (8% margin). EBITDA was ₹20.00 Cr (13% margin). Revenue has grown at a compounded annual rate of +3% over three years and +6% over five years.
- ₹152 CrRevenue · FY 2025 · -3% YoY
- ₹12.22 CrNet profit · 8% margin
- ₹20.00 CrEBITDA · 13% margin
- ₹1 LakhPaid-up capital
- 492Employees (provident fund records)
- +3%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 304.5M CHF | -35.2M CHF | -16.6M CHF |
| 2024 | 337.9M CHF | -119.5M CHF | -19.7M CHF |
| 2023 | 370.0M CHF | -26.4M CHF | -9.9M CHF |
| 2022 | 674.2M CHF | -19.7M CHF | 22.1M CHF |
| 2021 | 689.3M CHF | 13.3M CHF | 43.4M CHF |
Balance sheet, profit and loss, cash flow and ratios of Nagravision India Private Limited are on its company page.
Detailed financial statements for NAGRA
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Investments & Acquisitions by NAGRA
NAGRA has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include DVnor, EDSI Smartcards and EmbedICs.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Media asset management services are provided to broadcasters and operators. | dvnor.no | Oslo, Norway | 2005 | May 2017 | •••• | |
Managed cyber and network security consultancy services are provided. | mandstech.com | Dallas, United States | 2011 | Jan 2017 | •••• | |
Watermarking solutions are provided to protect digital media content. | nexguard.com | Eindhoven, Netherlands | 2014 | Jul 2016 | •••• | |
Large-volume bags, woven sacks, and pallet inserts are manufactured. | milestonesystems.com | Minnetonka, United States | 1999 | May 2016 | •••• | |
Video content is aggregated and searched via RSS feeds. | medioh.tv | Boulder, United States | 2005 | Sep 2009 | •••• | |
Provider of secure communication solution | edsi-smartcards.com | Cesson Sevigne, France | 2004 | Mar 2008 | •••• | |
Embedded software, cryptography and fabless semiconductor design | embedics.com | Columbia, United States | 1999 | Mar 2008 | $19.45M | |
Develops access, management and ticketing solutions | skidata.com | Salzburg, Austria | 1977 | Jun 2001 | $119.92M | |
Content management solutions are provided for broadcasters and cable networks. | lysis.com | Lausanne, Switzerland | 1995 | May 2001 | •••• |
Complete acquisition details for NAGRA
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Timeline of NAGRA
11 dated milestones of NAGRA across 66 years, from founding to its latest funding, stage changes and deals.
- Founded NAGRA is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Lysis.
- Acquisition Acquires SKIDATA.
- Acquisition Acquires EmbedICs.
- Acquisition Acquires EDSI Smartcards.
- Acquisition Acquires Medioh.
- Acquisition Acquires Milestone Systems.
- Acquisition Acquires NexGuard.
- Acquisition Acquires Mands Tech.
- Acquisition Acquires DVnor.
Competitors of NAGRA
NAGRA operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Optiv Security, CertiK, Convergint, SilverSky and NSO Group, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| optiv.com | 1999 | Denver, United States | $4.05M | 561 | IT risk management solutions are delivered via a specialized platform. | |
| certik.com | 2017 | New York, United States | $296.15M | – | Online platform for blockchain and smart contract cybersecurity | |
| convergint.com | 2001 | Schaumburg, United States | $100,000 | 4,327 | Electronic security and fire alarm systems are integrated and serviced. | |
| silversky.com | 1997 | Guildford, United Kingdom | $31.5M | – | Cloud security and compliance solution company | |
| nsogroup.com | 2009 | Herzliya, Israel | – | – | Cyber monitoring solutions and security research are provided for defense. | |
| netspi.com | 2001 | Minneapolis, United States | $500M | – | Attack surface management, threat detection, and pentesting services are offered. | |
| cyble.com | 2019 | Alpharetta, United States | $44.33M | – | AI-native platforms for cyber threat intelligence are provided by Cyble. | |
| dataguard.de | 2018 | Munich, Germany | $80.41M | 31 | IT security, consulting, and data protection services are provided. | |
| aujas.com | 2008 | Cupertino, United States | $18.85M | 513 | A platform for security analytics and risk assessment is provided. | |
| guidepointsecurity.com | 2011 | Herndon, United States | – | 656 | Customized IT security solutions are provided to organizations. |
Detailed competitors of NAGRA
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Web traffic of NAGRA
The website of NAGRA (nagra.com) receives about 24.7K visits a month.
- Monthly visits24.7K
▼ 7.5% vs previous month
Websites whose visitors overlap most with NAGRA. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| screenplaysmag.com | 100% | – | #1,534,851 | View details | |
| trustedreviews.com | 88% | 1.3M | #51,567 | View details | |
| slashdot.org | 88% | 2.9M | #26,496 | View details | |
| extremetech.com | 88% | – | #103,950 | View details | |
nagraaudio.com | nagraaudio.com | 75% | – | #1,193,146 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for NAGRA
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Latest news on Nagra
Complete news archive for NAGRA
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Similar companies to NAGRA
10 companies that operate in the same segment as NAGRA (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about NAGRA
NAGRA was founded in 1951.
NAGRA is headquartered in Cheseaux-sur-lausanne, Switzerland. It is registered at Cheseaux-sur-lausanne, Vaud, Switzerland.
NAGRA has 492 employees.
The primary company behind NAGRA, Nagravision India Private Limited, reported revenue of ₹152 Cr for FY 2025, down 3% year on year.
NAGRA was founded in 1951 and functions within the cybersecurity and IoT industries. Operations are conducted through integrated digital television and public access segments, where end-to-end solutions are delivered. Open conditional access systems are supplied to digital TV operators and content providers, supporting value-added pay-TV services such as secure content delivery and IoT integrations. Additional services encompass broader security measures for connected devices.
NAGRA's top competitors include CertiK, Optiv Security and SilverSky.
NAGRA offers NAGRAVISION, Kudelski Security, and Kudelski IoT.
Yes, NAGRA is publicly traded on SIX under the ticker symbol KUD.
NAGRA has made 9 acquisitions, including DVnor, EDSI Smartcards, and EmbedICs.
NAGRA is associated with 2 legal entities: Nagravision India Private Limited, Nagra Media Private Limited.
The legal entities of NAGRA currently have 4 directors, including Mark Douglas Beariault, Hitesh Chandrakant Lokhandwala, Muralidharan Regupathy and others.
