Zaggle Prepaid Ocean Services Limited

NSEI:ZAGGLE Stock Report

Market Cap: ₹27.5b

Zaggle Prepaid Ocean Services Past Earnings Performance

Past criteria checks 4/6

Zaggle Prepaid Ocean Services has been growing earnings at an average annual rate of 30.7%, while the Software industry saw earnings growing at 18.7% annually. Revenues have been growing at an average rate of 30.4% per year. Zaggle Prepaid Ocean Services's return on equity is 9.9%, and it has net margins of 7.2%.

Key information

30.66%

Earnings growth rate

24.70%

EPS growth rate

Software Industry Growth22.64%
Revenue growth rate30.45%
Return on equity9.86%
Net Margin7.24%
Last Earnings Update31 Mar 2026

Recent past performance updates

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 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...

Recent updates

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.
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...
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.
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...
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...

Revenue & Expenses Breakdown

How Zaggle Prepaid Ocean Services makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:ZAGGLE Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2619,0761,38100
31 Dec 2517,0181,2863730
30 Sep 2515,1321,1203730
30 Jun 2513,83597300
31 Mar 2513,0388793730
31 Dec 2411,6507593170
30 Sep 2410,2767143220
30 Jun 249,09358700
31 Mar 247,7564403170
31 Mar 235,5352292030
31 Mar 223,7134191310
31 Mar 212,4001931150

Quality Earnings: ZAGGLE has a high level of non-cash earnings.

Growing Profit Margin: ZAGGLE's current net profit margins (7.2%) are higher than last year (6.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ZAGGLE's earnings have grown significantly by 30.7% per year over the past 5 years.

Accelerating Growth: ZAGGLE's earnings growth over the past year (57.1%) exceeds its 5-year average (30.7% per year).

Earnings vs Industry: ZAGGLE earnings growth over the past year (57.1%) exceeded the Software industry 3.4%.


Return on Equity

High ROE: ZAGGLE's Return on Equity (9.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/03 14:18
End of Day Share Price 2026/08/03 00:00
Earnings2026/03/31
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
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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Learn about the world class team 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 3 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