Zaggle Prepaid

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.

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.

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.

When is the next results date for Zaggle Prepaid Ocean Services Ltd?

The next results date for Zaggle Prepaid Ocean Services Ltd is 12 February 2026.

The next results date for Zaggle Prepaid Ocean Services Ltd is scheduled for 12 February 2026.

Are Zaggle Prepaid Ocean Services Ltd latest results good or bad?

Zaggle Prepaid Ocean Services Ltd's latest results show strong revenue growth with a 56% year-on-year increase in net sales and an 84.25% rise in net profit; however, declining operating margins and a 21.69% drop in stock price indicate challenges in profitability and investor sentiment.

Zaggle Prepaid Ocean Services Ltd's latest results present a mixed picture. On one hand, the company achieved impressive revenue growth, with net sales reaching ₹525.55 crores, marking a 56% increase year-on-year and a 21.59% rise from the previous quarter. Additionally, net profit rose to ₹36.39 crores, reflecting an 84.25% increase compared to the same quarter last year, and a 4% increase from the prior quarter.<BR><BR>However, there are concerns regarding profitability metrics. The operating margin decreased slightly to 9.93%, down from 10.17% in the previous quarter, and the profit after tax margin also contracted from 8.09% to 7.05%. This indicates some pressure on margins, which could be attributed to rising operational costs.<BR><BR>Despite the strong revenue growth, the stock has faced significant headwinds, declining 21.69% over the past three months, which suggests that investor sentiment may be cautious due to concerns about valuation and profitability sustainability. Overall, while the revenue and profit growth figures are strong, the declining margins and stock performance indicate that the company is navigating some challenges.

Should I buy, sell or hold Zaggle Prepaid Ocean Services Ltd?

Why is Zaggle Prepaid Ocean Services Ltd falling/rising?

As of 16-Mar, Zaggle Prepaid Ocean Services Ltd's stock price is declining, currently at Rs. 215.00, with a total drop of -5.95% over the last three days and a year-to-date decline of -38.12%. The stock is underperforming compared to the market and shows reduced investor participation, indicating a persistent bearish trend.

As of 16-Mar, Zaggle Prepaid Ocean Services Ltd is experiencing a decline in its stock price, currently at Rs. 215.00, which reflects a change of -1.6 (-0.74%). The stock has been underperforming significantly, as evidenced by its consecutive falls over the last three days, resulting in a total decline of -5.95%. Additionally, the stock hit a new 52-week low of Rs. 210.45 today, indicating a downward trend.<BR><BR>The stock's performance over various periods shows a stark contrast to the broader market, with a year-to-date decline of -38.12% compared to the Sensex's -11.40%. Over the past month, the stock has dropped by -20.77%, while the Sensex has only decreased by -9.34%. This underperformance is compounded by the fact that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a persistent bearish trend.<BR><BR>Investor participation appears to be waning, as indicated by a significant drop in delivery volume, which fell by -34.44% against the 5-day average. This decrease in trading activity may reflect a lack of confidence among investors. Furthermore, the stock has underperformed its sector by -0.57% today, reinforcing the negative sentiment surrounding it.<BR><BR>Despite some positive factors, such as a low debt-to-equity ratio and healthy long-term growth in net sales and operating profit, these have not been sufficient to counteract the current downward pressure on the stock price. The company's recent financial results, while positive, have not translated into improved stock performance, as evidenced by the -34.01% return over the past year despite a 70.1% increase in profits. Overall, the combination of declining stock price, poor performance relative to benchmarks, and reduced investor participation are key reasons for the current fall in Zaggle Prepaid Ocean Services Ltd's stock price.

Which are the latest news on Zaggle Prepaid?