Zaggle Prepaid Ocean Services Ltd Share Price – NSE  / BSE

IT - Software, Small Cap

Greenedge Enterprises operates as a solution provider for golf travel, experiences, and access-based rewards. Its turnover was Rs 19.82 crore in FY24.

The acquisition will strengthen Zaggle?s product offerings in loyalty and rewards segment and travel segment giving a boost to its Propel platform.

The acquisition is expected to be completed within 90 days. The mode of acquisition (cash consideration / shares swap) will be determined by the board at a later stage.

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.

The company?s consolidated net profit jumped 62.5% to Rs 31.14 crore on 50.8% increase in net sales to Rs 412.11 crore in Q4 FY25 over Q FY24.

The counter shed 0.69% to end at Rs 440.05 on the BSE.

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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.

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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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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.

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Greenedge Enterprises operates as a solution provider for golf travel, experiences, and access-based rewards. Its turnover was Rs 19.82 crore in FY24.

The acquisition will strengthen Zaggle?s product offerings in loyalty and rewards segment and travel segment giving a boost to its Propel platform.

The acquisition is expected to be completed within 90 days. The mode of acquisition (cash consideration / shares swap) will be determined by the board at a later stage.

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.

The company?s consolidated net profit jumped 62.5% to Rs 31.14 crore on 50.8% increase in net sales to Rs 412.11 crore in Q4 FY25 over Q FY24.

The counter shed 0.69% to end at Rs 440.05 on the BSE.

Powered by Capital Market - Live News

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

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.

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