Zaggle Prepaid

Why is Zaggle Prepaid Ocean Services Ltd falling/rising?

As of 23-Jun, Zaggle Prepaid Ocean Services Ltd's stock price is at Rs 209.50, down 3.03%, reflecting a trend reversal after two days of gains. The stock has significantly underperformed with a year-to-date drop of 39.70% and is trading below key moving averages, indicating bearish sentiment despite increased investor participation.

As of 23-Jun, Zaggle Prepaid Ocean Services Ltd's stock price is falling, currently at Rs 209.50, which reflects a decrease of Rs 6.55 or 3.03%. The stock has underperformed its sector by 0.85% today and has experienced a trend reversal, falling after two consecutive days of gains. The stock touched an intraday low of Rs 208.3, indicating a decline of 3.59% during the trading day.<BR><BR>In terms of performance over various periods, the stock has shown significant declines, with a year-to-date drop of 39.70% and a one-year decline of 48.88%. This contrasts sharply with the Sensex, which has only decreased by 10.58% over the same period. Although the company has reported healthy long-term growth in net sales and operating profit, these positive factors have not translated into stock price appreciation, as evidenced by the substantial negative returns over the past year.<BR><BR>Additionally, the stock is currently trading below several moving averages, including the 5-day, 50-day, 100-day, and 200-day averages, which typically indicates bearish sentiment. Despite a rise in investor participation, with delivery volume increasing by 48.07% against the 5-day average, the overall market sentiment and sector performance, particularly in IT - Software, which has fallen by 2.18%, contribute to the downward pressure on the stock price.

Which are the latest news on Zaggle Prepaid?

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

What does Zaggle Prepaid do?

Zaggle Prepaid Ocean Services Ltd is a Small Cap company in the software and consulting industry, reporting net sales of 618 Cr and a net profit of 41 Cr for the quarter ending March 2026. It has a market cap of INR 2,662 Cr, a P/E ratio of 19.00, and a return on equity of 9.83%.

Overview:<BR>Zaggle Prepaid Ocean Services Ltd operates in the Computers - Software & Consulting industry and is categorized as a Small Cap company.<BR><BR>History:<BR>Zaggle Prepaid Ocean Services Ltd was incorporated in 2011 as a Private Limited Company and later converted to a Public Limited Company on August 22, 2022. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 618 Cr (Quarterly Results - Mar 2026)<BR>Net Profit: 41 Cr (Quarterly Results - Mar 2026)<BR>Market Cap: INR 2,662 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 19.00<BR>Industry P/E: 20<BR>Dividend Yield: 0.00%<BR>Debt-Equity: -0.35<BR>Return on Equity: 9.83%<BR>Price to Book: 1.90<BR><BR>Contact Details:<BR>Registrar Address: Not available.

How big is Zaggle Prepaid?

As of 10th June, Zaggle Prepaid Ocean Services Ltd has a market capitalization of 2,662.00 Cr, with recent net sales of 1,907.66 Cr and a net profit of 138.09 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Zaggle Prepaid Ocean Services Ltd has a market capitalization of 2,662.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1,907.66 Cr, while the sum of Net Profit for the same period is 138.09 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 1,247.97 Cr, and Total Assets are valued at 1,314.21 Cr.

Who are in the management team of Zaggle Prepaid?

The management team of Zaggle Prepaid includes Executive Chairman Raj P Narayanam, Managing Director & CEO Avinash Ramesh Godkhindi, and several directors: Arun Vijaykumar Gupta (Non-Executive), A Krishna Kumar, Abhay Deshpande Raosaheb, and Prerna Tandon (Independent), along with Company Secretary Hari Priya.

The management team of Zaggle Prepaid includes the following key 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>These individuals play significant roles in the governance and operational management of the company.

Who are the peers of the Zaggle Prepaid?

Zaggle Prepaid's peers include Network People, Sasken Technologies, 63 Moons Technologies, R Systems International, Protean eGov, Silver Touch, BLS E-Services, Ceinsys Tech, and Saksoft. While Zaggle has below-average management risk and a 1-year return of -56.73%, peers like Sasken Technologies show strong performance with a 1-year return of 50.41%.

Peers: The peers of Zaggle Prepaid are Network People, Sasken Technol., 63 Moons Tech., R Systems Intl., Protean eGov, Silver Touch, BLS E-Services, Ceinsys Tech, and Saksoft.<BR><BR>Quality Snapshot: Excellent management risk is observed at Network People and R Systems Intl., while Average management risk is found at Sasken Technol., 63 Moons Tech., Protean eGov, Silver Touch, BLS E-Services, Ceinsys Tech, and Saksoft, and Below Average management risk is noted for Zaggle Prepaid. Growth is Excellent for Zaggle Prepaid, Network People, Silver Touch, BLS E-Services, Ceinsys Tech., and the rest have Below Average growth, except for R Systems Intl. which has Average growth. Capital Structure is Excellent for Network People, Sasken Technol., R Systems Intl., Protean eGov, Silver Touch, BLS E-Services, Ceinsys Tech, Saksoft, and Zaggle Prepaid, while 63 Moons Tech. has Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sasken Technol. at 50.41%, while the peer with the lowest is R Systems Intl. at -43.25%. Zaggle Prepaid's 1-year return is -56.73%, which is lower than both. Additionally, the six-month return is negative for R Systems Intl., 63 Moons Tech., and Protean eGov.

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 net profit of ₹40.60 crores and net sales of ₹617.92 crores, but a slight decline in operating margins to 9.44% raises concerns about cost management. Overall, the results are mixed, reflecting strong demand but potential profitability challenges.

Zaggle Prepaid Ocean Services Ltd's latest results present a mixed picture. On the positive side, the company reported a net profit of ₹40.60 crores for Q4 FY26, which reflects an 11.57% increase quarter-on-quarter and a notable 30.38% growth year-on-year. Additionally, net sales surged to ₹617.92 crores, marking a 17.58% sequential increase and an impressive 49.94% growth compared to the same quarter last year. This consistent revenue growth over several quarters indicates strong demand for their services, particularly in employee benefits and expense management.<BR><BR>However, there are some concerns regarding profitability metrics. The operating margin slightly contracted to 9.44%, down from 9.93% in the previous quarter, suggesting rising operational costs. While the company has maintained healthy year-on-year margin expansion, the recent decline indicates potential challenges in managing costs as it scales operations.<BR><BR>Overall, while Zaggle's revenue growth is commendable and reflects strong market positioning, the slight decline in operating margins raises questions about its ability to maintain profitability amid expansion. Investors should weigh these factors when assessing the company's performance.

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.

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.

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.

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.

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