Is Zaggle Prepaid overvalued or undervalued?

As of May 14, 2025, Zaggle Prepaid is considered very expensive and overvalued, with a PE ratio of 66.22 and an EV to EBITDA of 45.50, significantly higher than industry peers like Tata Consultancy Services and Infosys, despite a strong past year return of 58.32% and a year-to-date decline of 13.73%.

As of 14 May 2025, Zaggle Prepaid's valuation grade has moved from expensive to very expensive. This indicates that the company is currently overvalued. Key ratios highlight this concern, with a PE ratio of 66.22, an EV to EBITDA of 45.50, and a Price to Book Value of 4.67, all significantly higher than industry norms.<BR><BR>In comparison to its peers, Zaggle's valuation metrics stand out unfavorably. For instance, Tata Consultancy Services has a PE ratio of 25.23 and an EV to EBITDA of 17.63, while Infosys shows a PE of 24.32 and an EV to EBITDA of 15.83. These comparisons further reinforce the notion that Zaggle Prepaid is overvalued. Additionally, despite a strong 1-year stock return of 58.32%, the company's year-to-date performance shows a decline of 13.73%, contrasting with the Sensex's 5.54% gain, which may suggest that the market is adjusting its expectations for Zaggle's future performance.

Has Zaggle Prepaid declared dividend?

No Dividend History Available

Who are the peers of the Zaggle Prepaid?

Zaggle Prepaid's peers include Black Box, Mastek, eMudhra, AXISCADES Tech., Rategain Travel, R Systems Intl., 63 Moons Tech., Cigniti Tech., Magellanic Cloud, and Datamatics Glob. Notably, Zaggle Prepaid shows excellent growth and a 1-year return of 28.81%, outperforming Rategain Travel, which has the lowest return at -42.50%.

Peers: The peers of Zaggle Prepaid are Black Box, Mastek, eMudhra, AXISCADES Tech., Rategain Travel, R Systems Intl., 63 Moons Tech., Cigniti Tech., Magellanic Cloud, and Datamatics Glob.<BR><BR>Quality Snapshot: Excellent management risk is observed at Mastek, eMudhra, R Systems Intl., and Cigniti Tech., while Average management risk is found at Black Box, Rategain Travel, 63 Moons Tech., Magellanic Cloud, and Datamatics Glob. Good growth is seen at Mastek, eMudhra, R Systems Intl., and Rategain Travel, while Excellent growth is noted for Zaggle Prepaid, AXISCADES Tech., 63 Moons Tech., and Magellanic Cloud. Capital Structure is Excellent for Mastek, eMudhra, R Systems Intl., and Cigniti Tech., while Good capital structure is found at Black Box and AXISCADES Tech., and the rest have Average or Below Average ratings.<BR><BR>Return Snapshot: The peer with the highest 1-year return is 63 Moons Tech. at 219.57%, while Rategain Travel has the lowest at -42.50%. Zaggle Prepaid's 1-year return of 28.81% is significantly higher than Rategain Travel's. Additionally, Rategain Travel and eMudhra have negative six-month returns.

Who are in the management team of Zaggle Prepaid?

As of March 2023, the management team of Zaggle Prepaid includes Raj P Narayanam (Executive Chairman), Avinash Ramesh Godkhindi (Managing Director & CEO), and several independent and non-executive directors, along with the Company Secretary, Hari Priya. They oversee the company's operations and strategic direction.

As of March 2023, the management team of Zaggle Prepaid includes the following individuals:<BR><BR>1. Raj P Narayanam - Executive Chairman<BR>2. Avinash Ramesh Godkhindi - Managing Director & CEO<BR>3. Arun Vijaykumar Gupta - Non Executive Director<BR>4. A Krishna Kumar - Independent Director<BR>5. Abhay Deshpande Raosaheb - Independent Director<BR>6. Prerna Tandon - Independent Director<BR>7. Hari Priya - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

What does Zaggle Prepaid do?

Zaggle Prepaid Ocean Services Ltd is a mid-cap company in the software and consulting industry, incorporated in 2011 and converted to a public company in 2022. As of March 2025, it reported net sales of 4,121 Cr and a net profit of 311 Cr, with a market cap of INR 5,652 Cr.

Overview: <BR>Zaggle Prepaid Ocean Services Ltd operates in the Computers - Software & Consulting industry and is categorized as a Mid Cap company.<BR><BR>History: <BR>Zaggle Prepaid Ocean Services Ltd was incorporated in 2011 as a Private Limited Company and was converted into a Public Limited Company in 2022. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 4,121 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 311 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 5,652 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 64.00 <BR>Industry P/E: 29 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.51 <BR>Return on Equity: 7.04% <BR>Price to Book: 4.47 <BR><BR>Contact Details: <BR>Details: No Company Details Available <BR>Registrar Address: Not available.

Who are the top shareholders of the Zaggle Prepaid?

The top shareholders of Zaggle Prepaid include Raj P Narayanam with 34.39%, mutual funds with 8.01%, foreign institutional investors with 8.44%, and individual investors collectively owning 25.36%. The highest public shareholder is Zuzu Software Services LLP, holding 4.18%.

The top shareholders of Zaggle Prepaid include the promoters, who hold the majority of the shares. The promoter with the highest holding is Raj P Narayanam, owning 34.39% of the company. Additionally, mutual funds hold 8.01% of the shares through 8 schemes, while foreign institutional investors (FIIs) own 8.44% through 52 different entities. The highest public shareholder is Zuzu Software Services LLP, which holds 4.18%. Individual investors collectively own 25.36% of the shares.

How big is Zaggle Prepaid?

As of 24th July, Zaggle Prepaid Ocean Services Ltd has a market capitalization of 5,478.00 Cr, with recent net sales of 1,303.77 Cr and a net profit of 87.91 Cr. The balance sheet for March 2024 shows shareholder's funds of 575.38 Cr and total assets of 693.38 Cr.

As of 24th July, Zaggle Prepaid Ocean Services Ltd has a market capitalization of 5,478.00 Cr, classifying it as a Mid Cap company.<BR><BR>In the latest four quarters, Zaggle Prepaid reported Net Sales of 1,303.77 Cr and a Net Profit of 87.91 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 575.38 Cr and Total Assets of 693.38 Cr.

When is the next results date for Zaggle Prepaid?

Zaggle Prepaid will announce its results on 14 August 2025.

Zaggle Prepaid will declare its results on 14 August 2025.

Are Zaggle Prepaid latest results good or bad?

Zaggle Prepaid's Q2 FY26 results are strong, with a 72.45% year-on-year increase in net profit to ₹34.99 crores and a 42.85% rise in revenue to ₹432.22 crores. However, concerns about its below-average return on equity and high price-to-earnings ratio suggest potential valuation issues.

Zaggle Prepaid's latest results for Q2 FY26 are quite strong, indicating positive performance overall. The company reported a net profit of ₹34.99 crores, which is a significant increase of 72.45% year-on-year. Revenue also saw impressive growth, reaching ₹432.22 crores, marking a 42.85% increase compared to the same quarter last year. <BR><BR>Additionally, the operating margin improved to 10.17%, which is a record high for the company, showcasing effective cost management and operational efficiency. The sequential growth from the previous quarter further emphasizes the company's scalability, with a 30.20% increase in revenue and a 34.01% rise in net profit from Q1 FY26.<BR><BR>However, it's worth noting that while the growth metrics are robust, the return on equity (ROE) stands at 7.04%, which is below the average for its peers. This suggests that there is room for improvement in capital efficiency. Furthermore, the company's high price-to-earnings ratio of 52 times, significantly above the sector average of 28 times, raises questions about whether the current valuations are justified.<BR><BR>In summary, Zaggle Prepaid's latest results reflect strong growth and profitability, but concerns about valuation and capital efficiency remain.

How has been the historical performance of Zaggle Prepaid?

Zaggle Prepaid has shown significant growth from Mar'23 to Mar'25, with net sales increasing from 553.46 Cr to 1,303.76 Cr and profit after tax rising from 22.90 Cr to 87.92 Cr, indicating improved profitability and financial stability. Total assets grew substantially, while total debt decreased, reflecting a strong balance sheet position.

Answer:<BR>The historical performance of Zaggle Prepaid shows significant growth over the past three years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Zaggle Prepaid's net sales have increased from 553.46 Cr in Mar'23 to 1,303.76 Cr in Mar'25, reflecting a robust growth trajectory. The total operating income followed a similar trend, rising from 553.46 Cr in Mar'23 to 1,303.76 Cr in Mar'25. Operating profit (PBDIT) also saw substantial growth, climbing from 49.22 Cr in Mar'23 to 140.78 Cr in Mar'25, while profit before tax surged from 31.64 Cr in Mar'23 to 118.34 Cr in Mar'25. Consequently, profit after tax increased from 22.90 Cr in Mar'23 to 87.92 Cr in Mar'25, showcasing improved profitability margins, with the PAT margin rising from 4.14% to 6.74% over the same period. On the balance sheet, total assets grew from 232.45 Cr in Mar'23 to 1,314.21 Cr in Mar'25, driven by an increase in cash and bank balances, which rose from 22.60 Cr to 653.34 Cr. Total liabilities also increased, but the total debt decreased significantly from 71.40 Cr in Mar'23 to 7.26 Cr in Mar'25, indicating improved financial stability. Overall, Zaggle Prepaid has demonstrated a strong upward trend in both revenue and profitability, alongside a solid balance sheet position.

Should I buy, sell or hold Zaggle Prepaid?

Is Zaggle Prepaid technically bullish or bearish?

As of December 1, 2025, the market trend has shifted to mildly bearish due to daily moving averages indicating a bearish trend, while other indicators show weakening momentum and no clear direction.

As of 1 December 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating a bearish trend. While the weekly MACD and KST remain mildly bullish, the lack of signals in the RSI and the sideways movement in the Bollinger Bands suggest a weakening momentum. Additionally, both the Dow Theory and OBV show no clear trend, reinforcing the overall neutral to bearish sentiment.

Which are the latest news on Zaggle Prepaid?

Why is Zaggle Prepaid falling/rising?

As of 04-Dec, Zaggle Prepaid Ocean Services Ltd's stock price is 365.45, having declined 0.05 (-0.01%) and underperformed its sector by 1.35%. The stock has seen a significant year-to-date decline of 29.63%, despite some positive indicators, indicating a bearish trend.

As of 04-Dec, Zaggle Prepaid Ocean Services Ltd's stock price is currently at 365.45, reflecting a slight decline of 0.05 (-0.01%). The stock has been experiencing a downward trend, having underperformed its sector by 1.35% today and marking a consecutive fall over the last four days, resulting in a total decline of 6.96% during this period. <BR><BR>In terms of performance relative to benchmarks, the stock has shown a significant year-to-date decline of 29.63%, while the Sensex has increased by 9.12%. Over the past week, the stock has decreased by 4.79%, contrasting with the Sensex's smaller decline of 0.53%. <BR><BR>Despite some positive indicators, such as a low debt-to-equity ratio and healthy long-term growth in net sales and operating profit, these factors have not been sufficient to counteract the recent negative price movements. The stock's current price is higher than its 50-day moving average but lower than its 5-day, 20-day, 100-day, and 200-day moving averages, indicating a bearish trend. <BR><BR>Additionally, while there has been a rise in investor participation, with delivery volume increasing by 33.25% against the 5-day average, this has not translated into a positive price movement. Overall, the combination of recent performance metrics and broader market conditions appears to be contributing to the stock's decline.