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Updated 13m ago
ZAGGLE logo

Zaggle Prepaid Ocean Services LimitedNSEI:ZAGGLE Stock Report

Market Cap ₹25.1b
Updated 13m ago
Share Price
n/a
1Y-47.4%
7D1.9%
1D1.7%
Portfolio Value
​
View

Zaggle Prepaid Ocean Services Limited

NSEI:ZAGGLE Stock Report

Market Cap: ₹25.1b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Zaggle Prepaid Ocean Services (ZAGGLE) Stock 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. More details

ZAGGLE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance3/6
Financial Health5/6
Dividends0/6

Rewards

Price-To-Earnings ratio (19.4x) is below the Indian market (22.5x)

Earnings are forecast to grow 31.68% per year

Earnings grew by 33.1% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Volatile share price over the past 3 months compared to the Indian market


ZAGGLE Community Fair Values

Create Narrative

See what 23 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
48.8% undervalued intrinsic discount
AnalystConsensusTarget
•27d ago

Digital Payments And AI Automation Will Expand Global Markets

268
0
19

Top Analyst Narratives

ZAGGLE logo
Zaggle Prepaid Ocean Services
48.8% undervalued intrinsic discount

Digital Payments And AI Automation Will Expand Global Markets

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 17 Aug
Read Narrative
View all narratives

Zaggle Prepaid Ocean Services Limited Competitors

Sasken Technologies

Symbol: NSEI:SASKEN
Market cap: ₹27.1b

Route Mobile

Symbol: NSEI:ROUTE
Market cap: ₹31.1b

Nucleus Software Exports

Symbol: BSE:531209
Market cap: ₹18.4b

Aurionpro Solutions

Symbol: NSEI:AURIONPRO
Market cap: ₹36.6b

Price History & Performance

Summary of share price highs, lows and changes for Zaggle Prepaid Ocean Services
Historical stock prices
Current Share Price₹187.00
52 Week High₹405.40
52 Week Low₹154.36
Beta0.58
1 Month Change-6.78%
3 Month Change-11.17%
1 Year Change-47.40%
3 Year Changen/a
5 Year Changen/a
Change since IPO18.09%

Recent News & Updates

User avatar
Narrative Update • Aug 17

ZAGGLE: New Long-Term Partnerships Will Drive Future Upside Potential

Analysts have trimmed their price target for Zaggle Prepaid Ocean Services from ₹417.50 to ₹365.00, citing more measured assumptions on revenue growth, profit margins, and future P/E multiples in their updated models. What's in the News Zaggle Prepaid Ocean Services has entered into an agreement with Hindustan Petroleum Corporation Limited for the Driver Track Plus fleet programme, with a 5 year term and commercial terms linked to user onboarding and fuel spends, according to a client announcement.
Analysis Article • Aug 17

Zaggle Prepaid Ocean Services Limited Just Missed Earnings - But Analysts Have Updated Their Models

It's shaping up to be a tough period for Zaggle Prepaid Ocean Services Limited ( NSE:ZAGGLE ), which a week ago...

Recent updates

User avatar
Narrative Update • Aug 17

ZAGGLE: New Long-Term Partnerships Will Drive Future Upside Potential

Analysts have trimmed their price target for Zaggle Prepaid Ocean Services from ₹417.50 to ₹365.00, citing more measured assumptions on revenue growth, profit margins, and future P/E multiples in their updated models. What's in the News Zaggle Prepaid Ocean Services has entered into an agreement with Hindustan Petroleum Corporation Limited for the Driver Track Plus fleet programme, with a 5 year term and commercial terms linked to user onboarding and fuel spends, according to a client announcement.
Analysis Article • Aug 17

Zaggle Prepaid Ocean Services Limited Just Missed Earnings - But Analysts Have Updated Their Models

It's shaping up to be a tough period for Zaggle Prepaid Ocean Services Limited ( NSE:ZAGGLE ), which a week ago...
User avatar
Narrative Update • Jun 22

ZAGGLE: New CFO And Banking Partnership Will Drive Future Upside Potential

Analysts have kept the fair value estimate for Zaggle Prepaid Ocean Services steady at ₹417.5, with only slight adjustments to inputs such as the discount rate and an assumed future P/E of 33.0x shaping the refreshed price target narrative. What’s in the News for Zaggle Prepaid Ocean Services Zaggle Prepaid Ocean Services entered into a 5 year co branding agreement with Punjab National Bank on June 19, 2026, to drive acquisition, marketing and promotion of a cobranded retail credit card product, leveraging its existing corporate base.
User avatar
Narrative Update • Jun 05

ZAGGLE: New CFO Transition And Client Wins Will Support Upside Potential

Analysts have trimmed their price target for Zaggle Prepaid Ocean Services from ₹430 to ₹417.5, reflecting updated assumptions on revenue growth, profit margins and future P/E expectations. What's in the News The Board approved the appointment of Mr. Venkatesh Ramachandran as Group Chief Financial Officer, effective May 18, 2026, and confirmed that interim CFO Mr. Rajesh Tummalaganti will continue as Deputy CFO.
Analysis Article • May 25

Zaggle Prepaid Ocean Services' (NSE:ZAGGLE) Solid Profits Have Weak Fundamentals

Despite announcing strong earnings, Zaggle Prepaid Ocean Services Limited's ( NSE:ZAGGLE ) stock was sluggish. We think...
Analysis Article • May 16

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

There's been a notable change in appetite for Zaggle Prepaid Ocean Services Limited ( NSE:ZAGGLE ) shares in the week...
User avatar
Narrative Update • May 03

ZAGGLE: New Banking Alliance And Client Wins Will Support Upside Potential

The analyst price target for Zaggle Prepaid Ocean Services remains steady at ₹430, as analysts see only marginal shifts in discount rate, revenue growth, profit margin, and forward P/E assumptions that do not materially alter their valuation view. What's in the News Zaggle entered into a 3 year agreement with The Federal Bank Limited to provide its Zaggle Save employee expense management and benefits solution.
User avatar
Narrative Update • Apr 19

ZAGGLE: New Long-Term Client Wins Will Support A Stronger Future

Analysts have cut their 12 month price target on Zaggle Prepaid Ocean Services from ₹520 to ₹430, reflecting updated assumptions on revenue growth, profit margins, the discount rate and a lower future P/E multiple. What's in the News Zaggle has entered into a 2 year domestic agreement to provide its Zaggle Zoyer platform to Generali Central Insurance Company Limited, previously known as Future Generali India Insurance Company Limited (Key Developments).
Analysis Article • Nov 22

There May Be Underlying Issues With The Quality Of Zaggle Prepaid Ocean Services' (NSE:ZAGGLE) Earnings

Zaggle Prepaid Ocean Services Limited ( NSE:ZAGGLE ) just reported some strong earnings, and the market reacted...
Analysis Article • Nov 14

Zaggle Prepaid Ocean Services Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

It's been a good week for Zaggle Prepaid Ocean Services Limited ( NSE:ZAGGLE ) shareholders, because the company has...
Analysis Article • Aug 17

Earnings Miss: Zaggle Prepaid Ocean Services Limited Missed EPS By 16% And Analysts Are Revising Their Forecasts

NSEI:ZAGGLE 1 Year Share Price vs Fair Value Explore Zaggle Prepaid Ocean Services's Fair Values from the Community and...
User avatar
Narrative Update • Aug 16

Digital Payments And AI Automation Will Expand Global Markets

The downward revision in Zaggle Prepaid Ocean Services’ consensus price target reflects reduced analyst expectations, driven by declines in both net profit margin and revenue growth forecasts, with fair value now at ₹520.00. What's in the News Board meeting scheduled to consider financial results, ESOP allotment, secretarial auditor appointment, and re-appointment of Mrs.
Analysis Article • Jun 22

Should You Be Adding Zaggle Prepaid Ocean Services (NSE:ZAGGLE) To Your Watchlist Today?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article • May 26

Earnings Tell The Story For Zaggle Prepaid Ocean Services Limited (NSE:ZAGGLE) As Its Stock Soars 27%

Zaggle Prepaid Ocean Services Limited ( NSE:ZAGGLE ) shares have had a really impressive month, gaining 27% after a...
Analysis Article • May 23

Impressive Earnings May Not Tell The Whole Story For Zaggle Prepaid Ocean Services (NSE:ZAGGLE)

Zaggle Prepaid Ocean Services Limited ( NSE:ZAGGLE ) just reported some strong earnings, and the market reacted...
User avatar
New Narrative • May 10

Acquisitions And AI Will Shape Payment Infrastructure

Acquisitions in adjacent spaces and strategic partnerships are expected to drive revenue growth and improve profit margins through cross-sell opportunities and SaaS capabilities.
Analysis Article • Mar 13

Here's Why We Think Zaggle Prepaid Ocean Services (NSE:ZAGGLE) Is Well Worth Watching

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • Feb 12

Zaggle Prepaid Ocean Services Limited (NSE:ZAGGLE) Stocks Pounded By 27% But Not Lagging Market On Growth Or Pricing

Zaggle Prepaid Ocean Services Limited ( NSE:ZAGGLE ) shareholders won't be pleased to see that the share price has had...
Analysis Article • Dec 12

Here's Why Zaggle Prepaid Ocean Services (NSE:ZAGGLE) Has Caught The Eye Of Investors

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • Nov 21

There May Be Underlying Issues With The Quality Of Zaggle Prepaid Ocean Services' (NSE:ZAGGLE) Earnings

Zaggle Prepaid Ocean Services Limited's ( NSE:ZAGGLE ) robust earnings report didn't manage to move the market for its...
Analysis Article • Jul 17

Zaggle Prepaid Ocean Services Limited (NSE:ZAGGLE) Doing What It Can To Lift Shares

There wouldn't be many who think Zaggle Prepaid Ocean Services Limited's ( NSE:ZAGGLE ) price-to-sales (or "P/S") ratio...

Shareholder Returns

ZAGGLEIN SoftwareIN Market
7D1.9%-1.6%-1.4%
1Y-47.4%-8.4%-1.2%

Return vs Industry: ZAGGLE underperformed the Indian Software industry which returned -8.4% over the past year.

Return vs Market: ZAGGLE underperformed the Indian Market which returned -1.2% over the past year.

Price Volatility

Is ZAGGLE's price volatile compared to industry and market?
ZAGGLE volatility
ZAGGLE Average Weekly Movement7.9%
Software Industry Average Movement5.7%
Market Average Movement5.7%
10% most volatile stocks in IN Market8.9%
10% least volatile stocks in IN Market3.4%

Stable Share Price: ZAGGLE's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: ZAGGLE's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
2011425Avinash Godkhindiwww.zaggle.in

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. The company 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 an expense management solution for business spend management, facilitating digitized employee reimbursements and tax benefits. The company also offers additional solutions, including Zatix for AI-based spend analytics, ZIP for international payments, fleet spend management, prepaid and credit card issuance, and Smart EPP for employee purchase programmes.

Zaggle Prepaid Ocean Services Limited Fundamentals Summary

How do Zaggle Prepaid Ocean Services's earnings and revenue compare to its market cap?
ZAGGLE fundamental statistics
Market cap₹25.14b
Earnings (TTM)₹1.30b
Revenue (TTM)₹19.99b
19.4x
P/E Ratio
1.3x
P/S Ratio

Is ZAGGLE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ZAGGLE income statement (TTM)
Revenue₹19.99b
Cost of Revenue₹11.90b
Gross Profit₹8.09b
Other Expenses₹6.79b
Earnings₹1.30b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)9.63
Gross Margin40.47%
Net Profit Margin6.48%
Debt/Equity Ratio3.9%

How did ZAGGLE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 07:43
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Zaggle Prepaid Ocean Services Limited is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rohan MandoraEquirus Securities Private Limited
null nullEquirus Securities Private Limited
Sachin DixitJM Financial Institutional Securities Limited

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