Zaggle Prepaid Ocean Services Ltd (ZAGGLE) — shareholding pattern, promoter holding, financials and share price
About Zaggle Prepaid Ocean Services Ltd (ZAGGLE)
Zaggle Prepaid Ocean Services Ltd operates in the IT Enabled Services industry, within the Information Technology sector. It trades on the NSE as ZAGGLE and on the BSE under scrip code 543985. Its ISIN is INE07K301024.
Zaggle builds world-class financial solutions and products to manage the business expenses of corporates, SMEs, & Startups through automated and innovative workflows. [1]
Zaggle Prepaid Ocean Services Limited is a B2B2C fintech and SaaS company that provides end-to-end corporate spend management across Zaggle Save, Propel, Zoyer, ZatiX, Fleet Management and ZIP, issuing prepaid cards and embedding payments, incentives and analytics into corporate workflows to monetise SaaS fees, program fees, merchant commissions and retail VAS.
Q3 FY26 delivered a record standalone topline of INR 497.6 crore (47.9% YoY) with adjusted EBITDA crossing INR 51.3 crore (+62.9% YoY) and PAT of INR 35.97 crore (+77.7% YoY), marking the highest quarterly profitability in Zaggle’s history and demonstrating material margin expansion alongside rapid revenue growth.
Listed peers in IT Enabled Services: Network People Services Technologies Ltd, Sasken Technologies Ltd, R Systems International Ltd, BLS E-Services Ltd, Protean eGov Technologies Ltd, Brightcom Group Ltd.
Valuation & Returns
10 Jul 2026At ₹208 a share on 10 Jul 2026, Zaggle Prepaid Ocean Services Ltd (ZAGGLE) was valued at a price-to-earnings ratio of 20.16x against an industry P/E of 30.35x and a price-to-book of 2.24x on a book value of ₹92.81 per share as of Mar 2025. Solomo computes return on equity of 11.12% and return on capital employed of 15.02% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 20.16x
- Industry P/E
- 30.35x
- P/B
- 2.24x
- EPS (TTM)
- ₹10.32
- Book value / share
- ₹92.81
- ROE
- 11.12%
- ROCE
- 15.02%
- ROA
- 10.55%
- Debt / equity
- 0.02x
- Dividend yield
- 0%
- EBITDA margin
- 11.92%
- 52-week range
- ₹185.55 – ₹431.75
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Zaggle Prepaid Ocean Services Ltd (ZAGGLE) reported revenue of ₹1,908 crore, net profit of ₹139 crore and earnings per share of ₹10.27. That compares with revenue of ₹1,304 crore and net profit of ₹88 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹618 crore and net profit ₹41 crore (consolidated).
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Revenue (₹ cr) | 553 | 776 | 1,304 | 1,908 |
| Net profit (₹ cr) | 23 | 44 | 88 | 139 |
| EPS (₹) | 2.48 | 3.59 | 6.55 | 10.27 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 80.32% | 51.96% | 68.10% |
| Profit growth | 88.06% | 27.79% | 99.68% |
| Stock price CAGR | - | - | -50% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 44.3% of Zaggle Prepaid Ocean Services Ltd (ZAGGLE) (up 0.15 pp QoQ), foreign institutional investors (FII) hold 2.31% and domestic institutional investors (DII) hold 5.43%. Promoters have pledged 1.6% of their holding. Market capitalisation was ₹2,797 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2023.
Largest disclosed public shareholders in Jun 2026: ZUZU SOFTWARE SERVICES LLP 3.89%, BANK OF INDIA LARGE & MID CAP FUND 2.49%, ASHISH KACHOLIA 2.16%, BENGAL FINANCE AND INVESTMENT PVT LTD 1.72%, HUF 1.35%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 44.3% | 1.6% | 2.31% | 5.43% | 55.7% |
| Mar 2026 | 44.15% | 0.5% | 4.06% | 7.4% | 55.85% |
| Dec 2025 | 44.13% | 0.4% | 7.61% | 7.76% | 55.87% |
| Sep 2025 | 44.2% | - | 8.64% | 8.63% | 55.8% |
| Jun 2025 | 44.2% | - | 8.5% | 10.65% | 55.8% |
| Mar 2025 | 44.21% | - | 8.44% | 13.27% | 55.79% |
| Dec 2024 | 40.09% | - | 9.18% | 14.57% | 59.91% |
| Sep 2024 | 43.88% | - | 6.15% | 10.7% | 56.12% |