ZAGGLE PREPAID OCEAN SERVICES LIMITED
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. It 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 expense management solution for business spend management facilitating digitized employee reimbursements and tax benefits. The company also provides CEMS, a customer engagement management system that enables merchants to manage their customer experiences, including rewarding merchants through gift card and loyalty benefits; and Zaggle Payroll Card, a prepaid payroll card that enables customers to pay contractors, consultants, seasonal and temporary employees, and unbanked wage workers as an alternative to direct deposits to bank accounts or cash payments. In addition, it operates Zoyer, an integrated data driven SaaS based business spend management platform with embedded automated finance capabilities in core invoice to pay workflows. The company was incorporated in 2011 and is based in Mumbai, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 62.7%
Concerns1
- Low return on equity of 7.0%
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 6 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ1.30 K Cr | β | βΉ87.00 Cr | β | β | 7.0% | 67.9% | 97.7% |
| Mar 2024 | βΉ776.00 Cr | β | βΉ44.00 Cr | β | β | 7.7% | 40.3% | 91.3% |
| Mar 2023 | βΉ553.00 Cr | β | βΉ23.00 Cr | β | β | 46.9% | 49.1% | -45.2% |
| Mar 2022 | βΉ371.00 Cr | β | βΉ42.00 Cr | β | β | -1099.5% | 54.6% | 121.1% |
| Mar 2021 | βΉ240.00 Cr | β | βΉ19.00 Cr | β | β | -41.5% | 252.9% | 375.0% |
| Mar 2020 | βΉ68.00 Cr | β | βΉ4.00 Cr | β | β | -6.2% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 1,510 |
| Total Expenses | 1,369 |
| EBIT / Operating Profit | 141 |
| OPM % | 9% |
| Other Income | 37 |
| Finance Costs | 6 |
| Depreciation & Amortisation | 25 |
| Profit Before Tax | 148 |
| Tax % | - |
| Net Profit / PAT | 111 |
| EPS (βΉ) | 8.30 |
| Dividend Payout % | - |
Peer Comparison
Financials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| ZAGGLE PREPAID OCEAN SERVICES LIMITEDthis co. | βΉ4.11 K Cr | βΉ1.30 K Cr | 36.90 | 3.14 | 49.75 | 67.9% |
| HDFC Bank Ltd. | βΉ14.43 L Cr | βΉ3.01 L Cr | 20.30 | 2.78 | β | 16.3% |
| ICICI Bank Ltd. | βΉ10.28 L Cr | βΉ1.63 L Cr | 20.70 | 3.32 | β | 14.3% |
| State Bank Of India | βΉ9.49 L Cr | βΉ4.62 L Cr | 13.30 | 1.83 | β | 11.4% |
| Bajaj Finance Limited | βΉ5.91 L Cr | βΉ61.95 K Cr | 36.80 | 6.33 | β | 32.0% |
| LIFE INSURANCE CORPORATION OF INDIA | βΉ5.26 L Cr | βΉ8.87 L Cr | 10.30 | 3.73 | 9.87 | 5.2% |
| Kotak Mahindra Bank Ltd. | βΉ4.24 L Cr | βΉ52.92 K Cr | 31.70 | 3.39 | β | 15.5% |
| Industry Average | β | βΉ30.80 K Cr | 45.91 | 4.87 | 70.91 | 14.6% |