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Zaggle Prepaid Ocean Overview

Zaggle Prepaid Ocean Services Ltd is a dynamic and innovative company specializing in prepaid solutions and digital payments. With a strong presence in the financial technology sector, Zaggle is known for its cutting-edge, secure, and user-friendly payment platforms. The company offers a wide range of prepaid and gift card services, empowering businesses and consumers to manage their finances conveniently. Zaggle's prepaid solutions cater to diverse industries, including corporate incentives, employee rewards, and consumer gifting. Their commi...Read More

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Zaggle Prepaid Ocean Key Financials

Market Cap ₹3502 Cr.

Stock P/E 39.8

P/B 2.6

Current Price ₹260.5

Book Value ₹ 100.3

Face Value 1

52W High ₹470

Dividend Yield 0%

52W Low ₹ 185.6

Zaggle Prepaid Ocean Share Price

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Volume
Price

Zaggle Prepaid Ocean Quarterly Price

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Zaggle Prepaid Ocean Peer Comparison

Zaggle Prepaid Ocean Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 184 200 273 252 303 337 412 332 432 526
Other Income 1 4 5 5 6 4 13 12 9 9
Total Income 185 204 278 257 309 340 425 344 441 534
Total Expenditure 169 179 246 230 276 308 376 301 388 473
Operating Profit 16 25 32 27 33 32 49 42 53 61
Interest 3 2 4 2 2 2 1 1 1 1
Depreciation 2 2 2 2 2 4 6 7 7 10
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 10 21 26 23 28 26 41 34 44 50
Provision for Tax 2 6 7 6 8 7 10 9 11 13
Profit After Tax 8 15 19 17 20 20 31 25 33 37
Adjustments 0 0 0 0 0 0 0 1 2 -1
Profit After Adjustments 8 15 19 17 20 20 31 26 35 36
Adjusted Earnings Per Share 0.6 1.2 1.6 1.4 1.7 1.5 2.3 1.9 2.6 2.7

Zaggle Prepaid Ocean Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 553 776 1304 1702
Other Income 3 11 27 43
Total Income 556 787 1331 1744
Total Expenditure 507 705 1190 1538
Operating Profit 49 82 141 205
Interest 11 14 8 4
Depreciation 6 8 15 30
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 32 60 118 169
Provision for Tax 9 16 31 43
Profit After Tax 23 44 88 126
Adjustments 0 0 0 2
Profit After Adjustments 23 44 88 128
Adjusted Earnings Per Share 2.5 3.6 6.6 9.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 68% 0% 0% 0%
Operating Profit CAGR 72% 0% 0% 0%
PAT CAGR 100% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -26% NA% NA% NA%
ROE Average 10% 30% 30% 30%
ROCE Average 13% 19% 19% 19%

Zaggle Prepaid Ocean Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 49 575 1248
Minority's Interest 0 0 1
Borrowings 51 15 3
Other Non-Current Liabilities 16 8 9
Total Current Liabilities 121 95 53
Total Liabilities 237 693 1314
Fixed Assets 29 23 142
Other Non-Current Assets 29 84 119
Total Current Assets 180 586 1053
Total Assets 237 693 1314

Zaggle Prepaid Ocean Cash Flow

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 20 8
Cash Flow from Operating Activities -16 -83 20
Cash Flow from Investing Activities -18 -332 -486
Cash Flow from Financing Activities 53 403 496
Net Cash Inflow / Outflow 19 -12 30
Closing Cash & Cash Equivalent 20 8 38

Zaggle Prepaid Ocean Ratios

# Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.48 3.59 6.55
CEPS(Rs) 3.16 4.28 7.65
DPS(Rs) 0 0 0
Book NAV/Share(Rs) 3.72 45.67 91.98
Core EBITDA Margin(%) 8.41 9.11 8.75
EBIT Margin(%) 7.78 9.48 9.67
Pre Tax Margin(%) 5.72 7.71 9.08
PAT Margin (%) 4.14 5.68 6.74
Cash Profit Margin (%) 5.26 6.75 7.88
ROA(%) 9.65 9.46 8.76
ROE(%) 66.69 14.83 9.8
ROCE(%) 25.36 17.97 13.24
Receivable days 67.7 65.24 54.56
Inventory Days 0.06 0.11 0.1
Payable days 1919.53 1661.82 717.65
PER(x) 0 79.99 54.96
Price/Book(x) 0 6.29 3.91
Dividend Yield(%) 0 0 0
EV/Net Sales(x) 0.19 4.27 3.21
EV/Core EBITDA(x) 2.19 40.47 29.73
Net Sales Growth(%) 0 40.14 68.1
EBIT Growth(%) 0 70.83 71.47
PAT Growth(%) 0 92.22 99.68
EPS Growth(%) 0 44.72 82.28
Debt/Equity(x) 3.53 0.13 0.01
Current Ratio(x) 1.48 6.18 20.06
Quick Ratio(x) 1.48 6.18 20.05
Interest Cover(x) 3.77 5.34 16.36
Total Debt/Mcap(x) 0 0.02 0

Zaggle Prepaid Ocean Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 44.07 44.07 43.93 43.93 43.88 40.09 44.21 44.2 44.2 44.13
FII 14.76 12.19 11.7 5.95 6.15 9.41 8.44 8.5 8.64 7.61
DII 9.38 7.4 4.56 5.45 8.8 12.98 11.54 8.92 6.88 6.01
Public 31.79 36.34 39.81 44.67 41.16 37.52 35.81 38.38 40.28 42.25
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Zaggle Prepaid Ocean News

Zaggle Prepaid Ocean Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 30%
  • Debtor days have improved from 1661.82 to 717.65days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 44.13%.
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