ZAGGLE · Zaggle Prepaid Ocean Services Ltd · Consumer Financial Services
ZAGGLE · Zaggle Prepaid Ocean Services Ltd · Consumer Financial Services
As of 05 Nov close
52-week range
58.6% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹423 Cr
Revenue YoY
PAT YoY
-32.9%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
2.1
P/S (TTM)
1.3
Sector P/E
64
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| ZAGGLE (this stock) | 21.5 | 2.1 | +6.5% | +9.2% | 0.04 | 0.0% |
| Bajaj Finance | 30.8 | 5.7 | +23.8% | +17.8% | 3.22 | +0.5% |
| Shriram Finance | 18.4 | 3.6 | +22.8% | +17.2% | 3.8 | +1.1% |
| Jio Financial Services | 95.5 | 1.2 | +49.8% | Not available from data source | 11.81 | +0.2% |
Promoter
rising 1q
FII
falling 3q
MF
2.80% (-0.20pp)
falling 3q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| ZAGGLE | 2026-08-21 | 779444 | 1 | WEAK | BULK |
| ZAGGLE | 2026-08-20 | 5047026 | 4 | WEAK | BULK |
| ZAGGLE | 2026-08-19 | 8786044 | 8 | WEAK | BULK |
| ZAGGLE | 2026-08-18 | 5411061 | 5 | STRONG | BULK |
| ZAGGLE | 2026-08-17 | 2779671 | 3 | STRONG | BULK |
| ZAGGLE | 2026-05-14 | 0 | 0 | STRONG | BULK |
| ZAGGLE | 2026-05-12 | 1209743 | 1 | WEAK | BULK |
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: Zaggle Prepaid Ocean Services Limited reported Q1 FY27 revenue of INR423 crores, a 28% year-on-year growth, driven by its stand-alone business and subsidiaries. Adjusted EBITDA was INR34.7 crores, with a margin of 8.2%, down from 10.1% in Q1 FY26, primarily due to increased costs from the DICE acquisition, including relocation expenses and one-time tech vendor payments. The company emphasized a strategic focus on improving cash flows, optimizing capitalization, and leveraging AI to enhance operational efficiency. Key developments included the acquisition of DICE, which is expected to contribute revenue starting Q2 FY27, and the rebranding of Rio.Money to Zagg.Money, which saw a 2.3x increase in annualized card run rate. The company also highlighted growth in its 86400 and GreenEdge segments, with significant revenue and EBITDA growth. Management guided toward a 40% consolidated revenue growth for FY27, though acknowledged short-term margin pressures from integration costs and capitalization adjustments. Strategic investments in Unobanc and Mobileware were noted, aligning with regulatory tailwinds and expansion plans in international markets like UAE and U.S. The earnings call concluded with management reaffirming long-term growth targets and a disciplined approach to M&A.
The document highlights both growth in revenue and strategic investments, while acknowledging short-term margin pressures and integration costs.
Sourced from an exchange-filed transcript, dated 21 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Zaggle Prepaid Ocean Services Limited reported strong financial results for Q4 and FY26 during its earnings call on May 13, 2026. Management highlighted a 44% increase in standalone quarterly revenues to INR593 crores and a 50% increase in consolidated revenues to INR618 crores compared to Q4 FY25. The adjusted EBITDA for the standalone and consolidated results grew by 45% and 62%, respectively. For FY26, standalone revenues reached INR1,853 crores, up 42%, while consolidated revenues were INR1,908 crores, up 46%. Management discussed two strategic acquisitions in FY26 and emphasized the importance of AI in enhancing operational efficiency. They also outlined plans for international expansion, particularly in the UAE and the U.S. Management set a goal for FY27 standalone growth of 25% to 30% and consolidated growth of around 40%. The call concluded with management expressing optimism about future growth opportunities.
Management emphasized strong financial performance and growth opportunities.
Sourced from an exchange-filed transcript, dated 20 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Zaggle Prepaid Ocean Services Limited reported its investor presentation for the quarter and financial year ended March 31, 2026. Management highlighted a record performance with annual revenue reaching INR 19,076 million, reflecting a 46.3% year-over-year growth, and a quarterly revenue of INR 6,179 million, up 49.9% year-over-year. Adjusted EBITDA for the year was INR 1,916 million, a 51.0% increase, while profit after tax (PAT) was INR 1,388 million, growing 51.8%. The company emphasized strategic initiatives, including the acquisition of Greenedge Enterprises and Rivpe Technology, and the establishment of Zaggle Payments IFSC Ltd in GIFT City. Management set a goal for FY27 of standalone revenue growth of 25-30% and consolidated revenue growth of around 40%, driven by AI product development and market expansion. The presentation also detailed recent customer acquisitions and the company's comprehensive product offerings in spend management.
Management emphasized strong financial performance and strategic growth initiatives.
Sourced from an exchange-filed presentation, dated 13 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Zaggle Prepaid Ocean Services Limited reported its best-ever quarterly and nine-month performance during the earnings call held on February 12, 2026. Management stated that for Q3 FY '26, the company achieved revenues of INR 498 crores, reflecting a year-on-year growth of approximately 48%. Adjusted EBITDA reached INR 51 crores, a 63% increase year-on-year, while profit after tax (PAT) surged to INR 36 crores, up 78% year-on-year. For the nine-month period, revenues totaled INR 1,260 crores, a 41% increase, with adjusted EBITDA at INR 128 crores, marking a 48% rise. Management highlighted the successful integration of AI into operations, which has improved efficiency and reduced product development time. The company also provided updates on acquisitions, including the completion of the acquisition of Rio.money, now rebranded as ZAG.money, and plans for international expansion, including a subsidiary in GIFT City.
Management emphasized strong financial performance and operational improvements.
Sourced from an exchange-filed transcript, dated 19 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedZaggle Prepaid Ocean Services Limited reported strong growth in FY2025-26, achieving consolidated revenue of ₹1,908 crore, a 46% year-on-year increase. The company emphasized its integrated spend management ecosystem, which combines payments, software, rewards, and intelligence into a single platform. Strategic priorities include expanding its product and partner ecosystem, deepening relationships with existing customers, and advancing AI-led SaaS-fintech capabilities. The report highlighted the company's commitment to corporate governance, compliance, and responsible technology adoption, supported by robust risk management frameworks and stakeholder engagement initiatives.
- Integrated Spend Management Ecosystem: Zaggle combines payments, software, rewards, and intelligence into a unified platform to enhance enterprise spending control and efficiency.
- Customer and Partner Expansion: The company has grown to serve 3,915+ corporate customers and management has stated that there are 3.9 million active users, supported by partnerships with 19 banking institutions and major payment networks.
- AI-Driven SaaS-Fintech Platform: Focus on building a compounding system where each added capability strengthens the platform's differentiation and client data depth.
- Governance and Compliance: Emphasis on high standards of integrity, accountability, and transparency, with proactive compliance and enterprise-wide risk management.
- Strategic Growth Initiatives: Plans to scale ZAGG.money retail offerings and expand into the MENA region, with a conservative approach to external guidance and a focus on positive operating cash flow.
Key takeaway: Zaggle's integrated spend management ecosystem, combining payments, software, rewards, and AI-driven capabilities, is positioned to strengthen its market leadership and drive sustainable growth through deepening customer relationships and strategic expansion.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items); Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesEarlier (1-3 years ago)
The Parent Company received tax demands and penalties totaling ₹259.75 Mn, ₹40.92 Mn, and ₹34.39 Mn from tax authorities, and has filed appeals against these demands.
The company failed to register charges on assets for loans from ICICI Bank with the RoC within the prescribed period, leading to a penalty of 300,000 paid to the Registrar of Companies, Hyderabad.
Default / Covenant Breach
2 occurrencesEarlier (1-3 years ago)
The Group has secured loans from banks that contain loan covenants. A future breach of covenant may require the Group to repay the loan earlier than indicated in the above table.
The company has secured loans with covenants, and a future breach may require early repayment.
Routine disclosures
Internal Control Weakness
1 occurrenceRecent (last 12 months)
The auditor mentions evaluating the operating effectiveness of internal financial controls and communicating any significant deficiencies identified during the audit to those charged with governance.
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has contingent liabilities that are part of the acquired business combinations, which are accounted for at their acquisition date fair values.
Earlier (1-3 years ago)
The company has a contingent liability related to a service tax demand of ₹259.75 Mn dropped, with ₹12.29 Mn upheld and a penalty of ₹12.44 Mn imposed, and an appeal is pending before CESTAT. Additionally, a demand notice of ₹40.92 Mn was received under the Income Tax Act for FY 2021-22.
The company has a contingent liability of ₹40.92 Mn from a demand notice under section 156 of Income Tax 1956 for FY 2021-22, related to disallowed deductions on carry forward losses, bad debts, and Ind AS adjustments. The company has filed an appeal against this demand.
Related-Party Transaction
1 occurrenceEarlier (1-3 years ago)
The subsidiary company received demand orders for interest on GST for FY 2017-18 and FY 2018-19 amounting to ₹0.57 Mn from Assistant Commissioner, Department of Trade and Taxes. The same is currently pending with Department of Trade and Taxes.
Statutory dues in dispute
1 occurrenceRecent (last 12 months)
The company has outstanding statutory dues relating to service tax, income tax, and goods and services tax as of March 31, 2026, with disputes pending. The amounts demanded and paid are listed, along with the period and forum for each dispute.
Management & Board Governance
1 occurrenceRecent (last 12 months)
Mr. Virat Sunil Diwanji resigned as Non Executive Non Independent Director w.e.f. September 29, 2025.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
14.95% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18). Change vs the previous disclosure: increasing.