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Zaggle Prepaid Ocean Services Limited ZAGGLE NSETECH

Technology · Software - Infrastructure · India
https://www.zaggle.in
Company Profile ↓
₹215.60
-48.61% 1Y
Mkt Cap₹2,898.92 Cr
P/E30.98
P/B2.24
52W High₹423.30
52W Low₹187.47
Book Value₹104.43
EPS (TTM)₹6.96

Company Overview

Zaggle Prepaid Ocean Services Limited builds financial products and solutions to manage the business expenses of corporates, small and medium-sized enterprises, and startups through automated workflows. It operates Propel, a corporate software-as-a-service (SaaS) platform for channel rewards and incentives, employee rewards, and recognition; and Save, a SaaS-based platform and a mobile application to offer expense management solution for business spend management facilitating digitized employee reimbursements and tax benefits. The company also provides CEMS, a customer engagement management system that enables merchants to manage their customer experiences, including rewarding merchants through gift card and loyalty benefits; and Zaggle Payroll Card, a prepaid payroll card that enables customers to pay contractors, consultants, seasonal and temporary employees, and unbanked wage workers as an alternative to direct deposits to bank accounts or cash payments. In addition, it operates Zoyer, an integrated data driven SaaS based business spend management platform with embedded automated finance capabilities in core invoice to pay workflows. The company was incorporated in 2011 and is based in Mumbai, India.

Why Investors Should Care

Consistent Profit Growth

Net profit has compounded at 82.0% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 51.1% CAGR over the past five years.

Recent Developments

  • Mar 2026 Revenue of ₹1,907.65 Cr (+46.3% YoY); net profit ₹138.08 Cr.
  • Trailing 12 Months Year-on-year growth — revenue +46.3%, earnings +57.1%.
  • 5-Year Trend Long-term compounding — revenue CAGR 51.1%, profit CAGR 82.0%.

Growth & Price Performance

Compounded Sales Growth

5 Years:51.06%
1 Year:46.32%

Compounded Profit Growth

5 Years:82.01%
1 Year:57.06%

Stock Price Performance

1 Year:-48.61%
6 Months:-30.36%
3 Months:-17.36%
1 Month:+2.41%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Mixed
52-Week Range 12% of range
₹187.47 ₹423.30
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMABelow
  • RSI (14)54.61 · Neutral
Price Performance
1M+2.41%
3M-17.36%
6M-30.36%
1Y-48.61%
Valuation vs Sector

P/E of 30.98 is above the sector median of 27.67 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 51.1% over 5 years.
  • Profit CAGR of 82.0% over 5 years.

CONS

  • Trading 49.1% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
30.98
Industry PE
27.67
Forward P/E
11.64
PEG Ratio
-
Book Value
₹104.43
Price to Book
2.24
P/S
1.54
EV/EBITDA
3.85
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
51.06%
Profit 5Y
82.01%
Revenue (YoY)
46.32%
Earnings (YoY)
57.06%

Profitability & Returns

ROCE
13.46%
ROE
9.83%
ROA
8.89%
Profit Margin
7.24%
Op Margin
7.76%
Gross Margin
41.16%
EPS (Latest Qtr)
₹3.02
EPS (TTM)
₹6.96

Balance Sheet & Liquidity

Debt/Equity
3.89
Quick Ratio
8.71
Current Ratio
8.72
Debt
₹54.63 Cr
Total Assets
₹1,553.65 Cr
Current Assets
₹1,206.87 Cr
Working Capital
₹1,068.44 Cr

Ownership

Promoter Holding
52.00%
Chg in Prom Hold
7.84%
FII / Inst Holding
6.36%
Chg in FII Hold
-2.42%

Financial Snapshot

Enterprise Value
₹2,898.92 Cr
Total Revenue (TTM)
₹1,907.65 Cr
EBITDA
₹227.37 Cr
Free Cash Flow
₹-158.58 Cr
Operating Cash Flow
₹-51.47 Cr
Shares Outstanding
₹13.45 Cr
Gross Margin
41.16%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 ZAGGLE Zaggle Prepaid Ocean Services Limited NSETECH 215.60 30.98 ₹2,898.92 Cr 0.00% 13.46% 9.83% 51.06% 82.01%
2 TCS Tata Consultancy Services Limited NIFTY50NSEAITECH 2,173.50 15.98 ₹7.86 L Cr 3.14% 54.93% 45.89% 5.80% 5.30%
3 INFY Infosys Limited NIFTY50NSEAITECH 1,084.40 1,355.50 ₹4.40 L Cr 4.68% 41.66% 33.85% 3.44% 3.58%
4 HCLTECH HCL Technologies Limited NIFTY50NSEAITECH 1,176.30 18.35 ₹3.19 L Cr 8.25% 27.21% 22.14% 8.65% 3.87%
5 WIPRO Wipro Limited NIFTY50NSEAITECH 175.97 14.01 ₹1.85 L Cr 9.69% 17.85% 14.91% 0.78% 5.16%
6 TECHM Tech Mahindra Limited NIFTY50NSEAITECH 1,474.20 27.20 ₹1.44 L Cr 3.51% 19.82% 16.24% 2.16% -0.14%
7 LTM LTM Limited NSETECH 4,076.50 24.10 ₹1.21 L Cr 1.86% 25.39% 20.89% 8.43% 4.41%
8 LGEINDIA LG ELECTRONICS INDIA LTD NIFTY_MIDNSETECH 1,535.10 61.82 ₹1.04 L Cr 0.00% 27.64% 21.98% 0.98% -
9 OFSS Oracle Financial Services Software Limited NIFTY_MIDNSEAITECH 11,729.00 38.82 ₹1.02 L Cr 5.71% 43.24% 33.72% 10.42% 13.48%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 187.00 Cr118.00 Cr184.00 Cr200.00 Cr273.00 Cr252.00 Cr303.00 Cr-412.11 Cr331.96 Cr432.22 Cr525.55 Cr617.92 Cr
Cost of Revenue --------239.25 Cr185.24 Cr251.95 Cr302.04 Cr383.17 Cr
Gross Profit --------172.85 Cr146.72 Cr180.27 Cr223.51 Cr234.75 Cr
Operating Expenses 169.00 Cr111.00 Cr169.00 Cr179.00 Cr246.00 Cr230.00 Cr276.00 Cr-143.21 Cr123.25 Cr143.78 Cr181.19 Cr188.95 Cr
Operating Income 15.00 Cr6.00 Cr13.00 Cr18.00 Cr25.00 Cr20.00 Cr25.00 Cr-29.65 Cr23.47 Cr36.49 Cr42.32 Cr45.80 Cr
EBITDA 18.00 Cr8.00 Cr15.00 Cr20.00 Cr27.00 Cr22.00 Cr27.00 Cr-48.67 Cr42.85 Cr55.05 Cr60.86 Cr68.61 Cr
Interest Expense 6.00 Cr4.00 Cr3.00 Cr2.00 Cr4.00 Cr2.00 Cr2.00 Cr-1.13 Cr1.08 Cr1.37 Cr1.28 Cr1.60 Cr
Pretax Income 10.00 Cr3.00 Cr10.00 Cr21.00 Cr26.00 Cr23.00 Cr28.00 Cr-41.28 Cr34.75 Cr46.21 Cr49.74 Cr54.46 Cr
Tax Provision 2.50 Cr93.00 L2.40 Cr5.67 Cr6.76 Cr6.21 Cr7.84 Cr-10.15 Cr8.64 Cr11.22 Cr12.68 Cr13.86 Cr
Net Income 8.00 Cr2.00 Cr8.00 Cr15.00 Cr19.00 Cr17.00 Cr20.00 Cr-31.14 Cr26.11 Cr34.98 Cr36.39 Cr40.60 Cr
Diluted EPS 0.820.220.621.251.561.371.65-2.311.942.602.753.02

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -553.46 Cr775.60 Cr1,303.76 Cr1,907.65 Cr
Cost of Revenue -360.91 Cr428.61 Cr746.54 Cr1,122.40 Cr
Gross Profit -192.55 Cr346.99 Cr557.22 Cr785.25 Cr
Operating Expenses -151.88 Cr284.62 Cr458.00 Cr637.17 Cr
Operating Income -40.67 Cr62.38 Cr99.22 Cr148.07 Cr
EBITDA -45.97 Cr80.79 Cr140.87 Cr227.37 Cr
Interest Expense -8.14 Cr12.64 Cr7.66 Cr5.33 Cr
Pretax Income -31.64 Cr59.78 Cr118.42 Cr185.16 Cr
Tax Provision -8.73 Cr15.76 Cr30.52 Cr46.40 Cr
Net Income -22.90 Cr44.02 Cr87.92 Cr138.08 Cr
Diluted EPS 3.431.884.036.96-

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -234.76 Cr696.14 Cr1,315.04 Cr1,553.65 Cr
Current Assets -175.84 Cr586.50 Cr1,053.19 Cr1,206.87 Cr
Cash & Equivalents -19.59 Cr7.94 Cr38.18 Cr105.98 Cr
Inventory -9.70 L35.80 L33.10 L84.10 L
Receivables -102.66 Cr174.62 Cr215.17 Cr361.18 Cr
Total Liabilities -186.01 Cr120.75 Cr66.07 Cr146.86 Cr
Current Liabilities -117.67 Cr94.88 Cr52.51 Cr138.42 Cr
Long Term Debt -51.33 Cr15.47 Cr3.45 Cr0
Total Debt -141.35 Cr86.63 Cr19.88 Cr54.63 Cr
Total Equity -48.75 Cr575.38 Cr1,247.97 Cr1,404.21 Cr
Shares Outstanding -12.21 Cr12.25 Cr13.42 Cr13.45 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow --15.62 Cr-82.75 Cr19.70 Cr-51.47 Cr
Investing Cash Flow --18.15 Cr-331.89 Cr-485.80 Cr70.29 Cr
Financing Cash Flow -52.64 Cr402.99 Cr496.32 Cr44.14 Cr
Capital Expenditure --16.17 Cr-45.94 Cr-67.48 Cr-107.11 Cr
Free Cash Flow --31.79 Cr-128.69 Cr-47.78 Cr-158.58 Cr
Net Change in Cash -18.88 Cr-11.65 Cr30.22 Cr62.96 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -34.8%44.7%42.7%41.2%
Operating Margin % -7.3%8.0%7.6%7.8%
Net Margin % -4.1%5.7%6.7%7.2%
ROE % -47.0%7.7%7.0%9.8%
ROCE % -34.7%10.4%7.9%10.5%

Shareholding Pattern

Insiders
52.00%
Institutions
6.36%
Public Float
13.25%

Analyst View

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Latest News

Recent headlines for ZAGGLE

Google News Fri, 15 May 2026

Zaggle Closes FY26 with Strongest-Ever Annual Performance - Yahoo Finance

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Google News Sat, 16 May 2026

Earnings Release: Here's Why Analysts Cut Their Zaggle Prepaid Ocean Services Limited (NSE:ZAGGLE) Price Target To ₹430 - simplywall.st

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Google News Wed, 20 May 2026

Zaggle Promoter Entity Ups Stake Amid Bearish Stock Momentum - Inc42

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Google News Mon, 29 Jun 2026

Buy, Sell Or Hold: Waaree Energies, Tata Motors PV, HCL Technologies, Exide, Zaggle, Lodha Developers — Ask Profit - NDTV Profit

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Google News Mon, 22 Jun 2026

Fintech Stock Backed by Ashish Kacholia Jumps After Signing Deal with Punjab National Bank By Trade Brains - Investing.com India

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Google News hu, 14 May 2026

Zaggle Prepaid shares plunge over 17% as margins decline in Q4; JM Financial sees up to 34% upside - Moneycontrol.com

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ZAGGLE — Frequently Asked Questions

What is the current share price of Zaggle Prepaid Ocean Services Limited (ZAGGLE)?

As of 2026-07-15 09:52 IST, Zaggle Prepaid Ocean Services Limited (ZAGGLE) trades at ₹215.60 on NSE. Its 52-week range is ₹187.47 to ₹423.30.

What is the market capitalisation of ZAGGLE?

Zaggle Prepaid Ocean Services Limited (ZAGGLE) has a market capitalisation of ₹2,898.92 Cr on NSE.

What is the P/E ratio of ZAGGLE?

ZAGGLE trades at a trailing price-to-earnings (P/E) ratio of 30.98. The industry average P/E is 27.67. Its price-to-book (P/B) ratio is 2.24.

What is the return on equity (ROE) of ZAGGLE?

ZAGGLE has a return on equity (ROE) of 9.83%. Its return on capital employed (ROCE) is 13.46%.

Is ZAGGLE a good stock to buy?

This page provides a data-driven analysis of Zaggle Prepaid Ocean Services Limited (ZAGGLE), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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