Zaggle Prepaid Ocean Services Ltd Share Price – NSE  / BSE

IT - Software, Small Cap

Profit before tax (PBT) increased 62.2% YoY to Rs 42.11 crore in Q4 FY25.

Reported EBITDA stood at Rs 36.65 crore in Q4 FY25, registering the growth of 34.6% as compared with Rs 27.22 crore posted in same quarter last year. Reported EBITDA margin reduced to 8.9% in Q4 FY25 as against 10% in Q4 FY24.

On full year basis, the company?s standalone net profit surged 98.7% to Rs 87.48 crore on a 68% jump in revenue from operations to Rs 1,302.65 crore in FY25 over FY24.

The company said that total ESOP expenses in FY26 are expected to be approximately Rs 9 -10 crore.

Raj P Narayanam, founder and executive chairman, Zaggle Prepaid Ocean Services, said, ?This year has been exceptional with our highest yearly performance ever. FY25 revenues have surpassed our guidance, crossing the Rs 1,300 crore mark and achieving a 68.0% year-on-year growth. Also, our PAT at Rs 87.48 crore was almost double that of last year. This combination of high growth and strong profitability is a clear sign of the longevity of our business model and discipline in execution.

This year has been a year of strategic execution, with a few strategic investments and product innovations that align with our long-term goal of growing our umbrella of offerings to meet the expansive needs of our customers. This ever-evolving portfolio positions us well in this dynamic world.

Innovation remains a cornerstone of our success, and we are continuously focusing on deploying emerging AI technologies to fundamentally reshape the way we engage with our customers and users. Building on our strong performance, we project our organic FY26 topline growth to range between 35-40%. As we continue to scale, we remain focused on driving margin expansion through increased operating leverage, operational efficiencies, and cross-sell opportunities.?

Zaggle Prepaid Ocean Services (Zaggle) is a leading player in spend management, with a differentiated value proposition and diversified user base. The company operates in the business-to-business-to-customer segment. It is one of the largest number of issued prepaid cards in India in partnership with its banking partners. Additionally, the company has a diversified portfolio of software as a service (SaaS) products, including tax and payroll software, and a wide touchpoint reach.

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Zaggle Prepaid Ocean Services has allotted 30,277 equity shares under ESOP on 12 May 2025.

Consequent to aforesaid allotment, the issued, subscribed and paid-up equity share capital of the Company stand increased to Rs 13,42,35,492 (consisting of 13,42,35,492 equity shares of face value of Re 1 each).

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Net profit of Zaggle Prepaid Ocean Services rose 62.53% to Rs 31.14 crore in the quarter ended March 2025 as against Rs 19.16 crore during the previous quarter ended March 2024. Sales rose 50.75% to Rs 412.11 crore in the quarter ended March 2025 as against Rs 273.37 crore during the previous quarter ended March 2024.

For the full year,net profit rose 99.73% to Rs 87.92 crore in the year ended March 2025 as against Rs 44.02 crore during the previous year ended March 2024. Sales rose 68.10% to Rs 1303.76 crore in the year ended March 2025 as against Rs 775.60 crore during the previous year ended March 2024.

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Zaggle Prepaid Ocean Services has allotted 30,277 equity shares under ESOP on 12 May 2025.

Consequent to aforesaid allotment, the issued, subscribed and paid-up equity share capital of the Company stand increased to Rs 13,42,35,492 (consisting of 13,42,35,492 equity shares of face value of Re 1 each).

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Net profit of Zaggle Prepaid Ocean Services rose 62.53% to Rs 31.14 crore in the quarter ended March 2025 as against Rs 19.16 crore during the previous quarter ended March 2024. Sales rose 50.75% to Rs 412.11 crore in the quarter ended March 2025 as against Rs 273.37 crore during the previous quarter ended March 2024.

For the full year,net profit rose 99.73% to Rs 87.92 crore in the year ended March 2025 as against Rs 44.02 crore during the previous year ended March 2024. Sales rose 68.10% to Rs 1303.76 crore in the year ended March 2025 as against Rs 775.60 crore during the previous year ended March 2024.

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Under the terms of the agreement, Grant Thornton will act as a channel partner, offering Zaggle's flagship Spend Management platform to its roster of corporate clients and large enterprises. The partnership is set for a duration of three years.

Zaggle Prepaid Ocean Services is a fintech company that offers spend management solutions, including prepaid cards and SaaS tools for expense, payments, and rewards automation.

The company's consolidated net profit surged 29.8% to Rs 19.75 crore while revenue from operations zoomed 68.9% to Rs 336.89 crore in Q3 December 2024 over Q3 December 2023.

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Profit before tax (PBT) increased 62.2% YoY to Rs 42.11 crore in Q4 FY25.

Reported EBITDA stood at Rs 36.65 crore in Q4 FY25, registering the growth of 34.6% as compared with Rs 27.22 crore posted in same quarter last year. Reported EBITDA margin reduced to 8.9% in Q4 FY25 as against 10% in Q4 FY24.

On full year basis, the company?s standalone net profit surged 98.7% to Rs 87.48 crore on a 68% jump in revenue from operations to Rs 1,302.65 crore in FY25 over FY24.

The company said that total ESOP expenses in FY26 are expected to be approximately Rs 9 -10 crore.

Raj P Narayanam, founder and executive chairman, Zaggle Prepaid Ocean Services, said, ?This year has been exceptional with our highest yearly performance ever. FY25 revenues have surpassed our guidance, crossing the Rs 1,300 crore mark and achieving a 68.0% year-on-year growth. Also, our PAT at Rs 87.48 crore was almost double that of last year. This combination of high growth and strong profitability is a clear sign of the longevity of our business model and discipline in execution.

This year has been a year of strategic execution, with a few strategic investments and product innovations that align with our long-term goal of growing our umbrella of offerings to meet the expansive needs of our customers. This ever-evolving portfolio positions us well in this dynamic world.

Innovation remains a cornerstone of our success, and we are continuously focusing on deploying emerging AI technologies to fundamentally reshape the way we engage with our customers and users. Building on our strong performance, we project our organic FY26 topline growth to range between 35-40%. As we continue to scale, we remain focused on driving margin expansion through increased operating leverage, operational efficiencies, and cross-sell opportunities.?

Zaggle Prepaid Ocean Services (Zaggle) is a leading player in spend management, with a differentiated value proposition and diversified user base. The company operates in the business-to-business-to-customer segment. It is one of the largest number of issued prepaid cards in India in partnership with its banking partners. Additionally, the company has a diversified portfolio of software as a service (SaaS) products, including tax and payroll software, and a wide touchpoint reach.

Powered by Capital Market - Live News

Zaggle Prepaid Ocean Services has allotted 30,277 equity shares under ESOP on 12 May 2025.

Consequent to aforesaid allotment, the issued, subscribed and paid-up equity share capital of the Company stand increased to Rs 13,42,35,492 (consisting of 13,42,35,492 equity shares of face value of Re 1 each).

Powered by Capital Market - Live News

Net profit of Zaggle Prepaid Ocean Services rose 62.53% to Rs 31.14 crore in the quarter ended March 2025 as against Rs 19.16 crore during the previous quarter ended March 2024. Sales rose 50.75% to Rs 412.11 crore in the quarter ended March 2025 as against Rs 273.37 crore during the previous quarter ended March 2024.

For the full year,net profit rose 99.73% to Rs 87.92 crore in the year ended March 2025 as against Rs 44.02 crore during the previous year ended March 2024. Sales rose 68.10% to Rs 1303.76 crore in the year ended March 2025 as against Rs 775.60 crore during the previous year ended March 2024.

Powered by Capital Market - Live News

Zaggle Prepaid Ocean Services has allotted 30,277 equity shares under ESOP on 12 May 2025.

Consequent to aforesaid allotment, the issued, subscribed and paid-up equity share capital of the Company stand increased to Rs 13,42,35,492 (consisting of 13,42,35,492 equity shares of face value of Re 1 each).

Powered by Capital Market - Live News

Net profit of Zaggle Prepaid Ocean Services rose 62.53% to Rs 31.14 crore in the quarter ended March 2025 as against Rs 19.16 crore during the previous quarter ended March 2024. Sales rose 50.75% to Rs 412.11 crore in the quarter ended March 2025 as against Rs 273.37 crore during the previous quarter ended March 2024.

For the full year,net profit rose 99.73% to Rs 87.92 crore in the year ended March 2025 as against Rs 44.02 crore during the previous year ended March 2024. Sales rose 68.10% to Rs 1303.76 crore in the year ended March 2025 as against Rs 775.60 crore during the previous year ended March 2024.

Powered by Capital Market - Live News

Under the terms of the agreement, Grant Thornton will act as a channel partner, offering Zaggle's flagship Spend Management platform to its roster of corporate clients and large enterprises. The partnership is set for a duration of three years.

Zaggle Prepaid Ocean Services is a fintech company that offers spend management solutions, including prepaid cards and SaaS tools for expense, payments, and rewards automation.

The company's consolidated net profit surged 29.8% to Rs 19.75 crore while revenue from operations zoomed 68.9% to Rs 336.89 crore in Q3 December 2024 over Q3 December 2023.

Powered by Capital Market - Live News