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Zaggle Prepaid Ocean Services Limited is a B2B2C fintech and SaaS company that provides end-to-end corporate spend management across Zaggle Save, Propel, Zoyer, ZatiX, Fleet Management and ZIP, issuing prepaid cards and embedding payments, incentives and analytics into corporate workflows to monetise SaaS fees, program fees, merchant commissions and retail VAS.
Q3 FY26 delivered a record standalone topline of INR 497.6 crore (47.9% YoY) with adjusted EBITDA crossing INR 51.3 crore (+62.9% YoY) and PAT of INR 35.97 crore (+77.7% YoY), marking the highest quarterly profitability in Zaggle’s history and demonstrating material margin expansion alongside rapid revenue growth.
Zaggle reports meaningful scale with 3,700+ corporate customers, ~3.7 million platform users and 50+ million cards issued; the Propel gross-to-net reporting shows management-led transparency on incentive redemption and demonstrates an adjusted EBITDA margin of ~21.6% on net reporting for the quarter, highlighting how program economics translate to profitability.
The company has operationalised Agentic AI workflows that materially shorten product development cycles (from ~75 days to under 30 days), automating reconciliations and compliance tasks, which should accelerate time-to-market and reduce operating costs — a tangible AI-driven productivity tailwind for Zaggle’s SaaS-fintech stack.
Strategically, Zaggle is executing inorganic expansion (Greenedge, TaxSpanner, Mobileware/86400, Rio.money rebranded ZAGG.money) and international expansion with a GIFT City IFSC subsidiary and a UAE base in Abu Dhabi, signalling a multi-pronged plan to add a fourth monetization pillar and scale global payments capability.
IT - Services
IT Enabled Services
3,159 Cr
High Risk
24.5
25.4
0.9
2.4
470.00
185.55
Sales CAGR
Profit CAGR
ROE
ROCE
Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.
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Zaggle Prepaid Ocean Services Ltd (ZAGGLE) is currently trading at 234.95 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Zaggle Prepaid Ocean Services Limited is a B2B2C fintech and SaaS company that provides end-to-end corporate spend management across Zaggle Save, Propel, Zoyer, ZatiX, Fleet Management and ZIP, issuing prepaid cards and embedding payments, incentives and analytics into corporate workflows to monetise SaaS fees, program fees, merchant commissions and retail VAS. Q3 FY26 delivered a record standalone topline of INR 497.6 crore (47.9% YoY) with adjusted EBITDA crossing INR 51.3 crore (+62.9% YoY) and PAT of INR 35.97 crore (+77.7% YoY), marking the highest quarterly profitability in Zaggle’s history and demonstrating material margin expansion alongside rapid revenue growth. Zaggle reports meaningful scale with 3,700+ corporate customers, ~3.7 million platform users and 50+ million cards issued; the Propel gross-to-net reporting shows management-led transparency on incentive redemption and demonstrates an adjusted EBITDA margin of ~21.6% on net reporting for the quarter, highlighting how program economics translate to profitability. The company has operationalised Agentic AI workflows that materially shorten product development cycles (from ~75 days to under 30 days), automating reconciliations and compliance tasks, which should accelerate time-to-market and reduce operating costs — a tangible AI-driven productivity tailwind for Zaggle’s SaaS-fintech stack. Strategically, Zaggle is executing inorganic expansion (Greenedge, TaxSpanner, Mobileware/86400, Rio.money rebranded ZAGG.money) and international expansion with a GIFT City IFSC subsidiary and a UAE base in Abu Dhabi, signalling a multi-pronged plan to add a fourth monetization pillar and scale global payments capability.
Over the past 52 weeks, Zaggle Prepaid Ocean Services Ltd has traded between a low of ₹185.55 and a high of ₹470.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Zaggle Prepaid Ocean Services Ltd has a market capitalization of approximately 3,159.10. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Zaggle Prepaid Ocean Services Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 24.50 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 3,159.10 Cr, Zaggle Prepaid Ocean Services Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Zaggle Prepaid Ocean Services Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Zaggle Prepaid Ocean Services Ltd is 24.50. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
| Symbol | Watchlist | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
700.50 | 4,169 Cr | 21.24 | 2.87 | 0.71 | 14.00 | 16.53 | 9.05 | ||
414.90 | 3,404 Cr | 33.35 | 4.18 | 0.30 | 11.69 | 13.24 | 9.71 | ||
1201.65 | 3,308 Cr | 11.00 | 2.93 | 0.00 | 25.29 | 33.50 | 20.42 | ||
234.95 | 3,159 Cr | 24.50 | 2.41 | 0.00 | 8.54 | 11.61 | 9.11 | ||
265.20 | 3,147 Cr | 29.77 | 3.98 | 0.00 | 23.52 | 22.39 | 8.86 | ||
1120.00 | 2,362 Cr | 68.60 | 5.65 | 0.00 | 6.76 | 9.17 | 7.20 | ||
491.75 | 1,986 Cr | 22.15 | 1.95 | 2.04 | 8.94 | 11.30 | 6.88 | ||
| Median: 7 Co. | — | 491.75 | 3,159 Cr | 24.50 | 2.93 | 0.00 | 11.69 | 13.24 | 9.05 |
Postal Ballot Notice
Zaggle Prepaid Ocean Services issued a postal ballot notice for remote e‑voting (Apr 5–May 4, 2026) seeking shareholder approval, notably to re-appoint Avinash R. Godkhindi as MD & CEO for two years (May 7, 2026–May 6, 2028) with specified remuneration.
Postal Ballot Outcome
Members approved special resolutions (e-voting Mar 3–Apr 1, 2026) to extend the Zaggle Employee Stock Option Scheme 2022 and permit grants to employees of subsidiaries and associate companies; voting results and scrutinizer's report filed.
Postal Ballot Results
Zaggle Prepaid Ocean Services announced that shareholders approved two special resolutions via postal ballot (e‑voting ended April 1, 2026) to extend and grant ESOPs to employees of its subsidiaries and associates.
ESOP Approval
Zaggle Prepaid Ocean Services reports that members approved, via postal ballot (e‑voting Mar 3–Apr 1, 2026), special resolutions to extend and grant Zaggle ESOP Scheme 2022 to subsidiary/associate employees; scrutinizer's report enclosed; resolutions deemed passed on Apr 1, 2026.
Postal Ballot Results
Members approved two special resolutions via postal ballot to extend Zaggle Employee Stock Option Scheme 2022 to present and future employees of subsidiaries/associates and to permit grants to such employees; e-voting ran Mar 3–Apr 1, 2026 and results/scrutinizer's report are enclosed.
CFO Resignation
Board accepted resignation of CFO Venkata Aditya Kumar Grandhi effective April 3, 2026, and appointed Rajesh Tummalaganti as Interim CFO effective April 4, 2026, with updated Key Managerial Personnel details provided.
