Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 184 | 200 | 273 | 252 | 303 | 336 | 411 | 331 | 431 | 498 | 593 | 390 |
| Operating costs | 169 | 179 | 246 | 230 | 276 | 307 | 375 | 301 | 387 | 447 | 538 | 361 |
| EBITDA | 15 | 20 | 27 | 22 | 27 | 29 | 37 | 31 | 44 | 51 | 55 | 29 |
| EBITDA margin % | 8% | 10% | 10% | 9% | 9% | 9% | 9% | 9% | 10% | 10% | 9% | 7% |
| Depreciation & amortisation | 2 | 2 | 2 | 2 | 2 | 4 | 6 | 7 | 7 | 10 | 10 | 11 |
| Finance costs | 3 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 2 |
| Non-operating income | 1 | 4 | 5 | 5 | 4 | 4 | 13 | 12 | 9 | 8 | 8 | 7 |
| Pre-tax profit | 10 | 21 | 26 | 23 | 26 | 27 | 42 | 35 | 44 | 48 | 51 | 23 |
| Effective tax rate % | 24% | 27% | 26% | 27% | 28% | 24% | 24% | 25% | 25% | 25% | 25% | 26% |
| Profit after tax | 8 | 15 | 19 | 17 | 19 | 20 | 32 | 26 | 33 | 36 | 38 | 17 |
| Earnings per share (Rs) | 0.62 | 1.25 | 1.56 | 1.37 | 1.51 | 1.51 | 2.38 | 1.93 | 2.48 | 2.68 | 2.81 | 1.30 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 68 | 240 | 371 | 553 | 776 | 1,303 | 1,853 | 1,911 |
| Operating costs | 57 | 212 | 311 | 505 | 705 | 1,187 | 1,672 | 1,733 |
| EBITDA | 11 | 28 | 60 | 48 | 71 | 115 | 181 | 179 |
| EBITDA margin % | 16% | 12% | 16% | 9% | 9% | 9% | 10% | 9% |
| Depreciation & amortisation | 2 | 2 | 2 | 6 | 8 | 15 | 35 | 38 |
| Finance costs | 5 | 8 | 7 | 11 | 14 | 8 | 5 | 6 |
| Non-operating income | 0 | 0 | 0 | 1 | 11 | 25 | 37 | 32 |
| Pre-tax profit | 5 | 18 | 51 | 32 | 60 | 117 | 178 | 167 |
| Effective tax rate % | 22% | -6% | 18% | 28% | 26% | 26% | 25% | |
| Profit after tax | 4 | 19 | 42 | 23 | 44 | 87 | 133 | 124 |
| Earnings per share (Rs) | 206.67 | 1,073.89 | 2,328.89 | 2.48 | 3.59 | 6.52 | 9.88 | 9.27 |
| Paid out as dividend % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Revenue CAGR | % | 51% | 50% | 38% | ||
| Profit CAGR | % | 47% | 80% | 29% | ||
| Share price CAGR | % | % | -5% | -50% | ||
| Average return on equity | % | % | 10% | 10% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Net block (property, plant) | 8 | 7 | 12 | 29 | 23 | 104 | 200 |
| Capital work in progress | 0 | 0 | 2 | 11 | 50 | 22 | 0 |
| Investments | 0 | 0 | 0 | 2 | 26 | 82 | 192 |
| Current & other assets | 41 | 55 | 79 | 193 | 597 | 1,101 | 1,127 |
| Total assets | 49 | 62 | 93 | 235 | 696 | 1,308 | 1,520 |
| Share capital | 0.18 | 0.18 | 0.18 | 9 | 12 | 13 | 13 |
| Reserves & surplus | -65 | -46 | -4 | 40 | 563 | 1,234 | 1,387 |
| Total debt | 71 | 73 | 70 | 141 | 87 | 16 | 53 |
| Other liabilities & provisions | 43 | 35 | 26 | 45 | 34 | 44 | 66 |
| Equity + liabilities | 49 | 62 | 93 | 235 | 696 | 1,308 | 1,520 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -20 | 3 | 20 | -16 | -83 | 20 | -6 |
| Investing cash flow | -4 | -1 | -10 | -18 | -332 | -486 | 18 |
| Free cash flow (after capex) | -24 | 2 | 13 | -32 | -129 | -47 | -113 |
| Financing cash flow | 27 | -6 | -12 | 53 | 403 | 496 | 47 |
| Net change in cash | 3 | -3 | -2 | 19 | -12 | 30 | 59 |
| Cash conversion (OCF / EBITDA) % | -164% | 25% | 43% | -25% | -104% | 41% | 19% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Return on capital employed % | 154% | 124% | 33% | 17% | 13% | 13% | |
| Receivable days | 85 | 34 | 42 | 68 | 82 | 60 | 66 |
| Inventory days | |||||||
| Payable days | |||||||
| Cash cycle (days) | 85 | 34 | 42 | 68 | 82 | 60 | 66 |
| Working capital days | -139 | -51 | 16 | 23 | 100 | 98 | 88 |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter group % | 44.07% | 44.07% | 43.93% | 43.93% | 43.88% | 40.09% | 44.21% | 44.20% | 44.20% | 44.13% | 44.16% | 44.30% |
| Foreign investors % | 15.60% | 13.03% | 11.70% | 5.95% | 6.14% | 9.17% | 8.44% | 8.50% | 8.64% | 7.61% | 4.06% | 2.31% |
| Domestic institutions % | 8.54% | 6.56% | 4.57% | 5.44% | 10.69% | 14.56% | 13.26% | 10.64% | 8.63% | 7.75% | 7.40% | 5.44% |
| Retail & others % | 31.80% | 36.34% | 39.82% | 44.68% | 39.27% | 36.17% | 34.09% | 36.64% | 38.53% | 40.50% | 44.38% | 47.96% |
| Shareholder count | 21,416 | 29,323 | 46,567 | 67,620 | 75,100 | 91,311 | 1,06,663 | 1,08,821 | 1,12,493 | 1,15,806 | 1,15,656 | 1,18,274 |
Fundamentals
Market value₹ 2,338 Cr.
Last price₹ 174
P/E (trailing)18.8
Book value / share₹ 104
Return on capital13.5 %
Return on equity10.0 %
Dividend yield0.00 %
Face value₹ 1.00
Revenue CAGR (TTM)38%
Profit CAGR (TTM)29%
Standalone figures.
Valuation
Market capRs 1,584 Cr
Enterprise valueRs 1,702 Cr
P/E (TTM)12.73x
Price to book32.49x
Price to sales0.83x
EV / EBITDA8.06x
EV / EBIT9.86x
EV / sales0.89x
Earnings yield7.86%
Profitability
Operating margin (excl. other income)8.70%
Operating margin (incl. other income)8.90%
EBITDA margin11.04%
Pre-tax margin8.73%
Net profit margin6.51%
Net margin, latest quarter4.47%
ROE101.35%
ROCE33.52%
ROA13.99%
ROE, 3-year average-34.78%
ROCE, 3-year average103.79%
ROA, 3-year average34.32%
ROIC (approx.)74.61%
Tax rate27.63%
Other income / net worth2.30%
Growth
Sales growth (latest year)49.08%
Profit growth (latest year)-45.37%
Sales CAGR, 3 years100.83%
Profit CAGR, 3 years83.27%
Sales growth QoQ-34.17%
Profit growth QoQ-53.85%
Sales growth YoY (latest quarter)17.70%
Profit growth YoY (latest quarter)-32.65%
Per share
EPS (TTM)Rs 13.49
EPS (latest year)Rs 2.48
EPS (latest quarter)Rs 1.89
EPS, 3-year averageRs 1,135.09
Book value per shareRs 5.29
Sales per shareRs 207.28
Cash flow per shareRs -1.69
Efficiency
Asset turnover2.36x
Fixed asset turnover19.14x
Inventory turnover3341.50x
Inventory days0 days
Debtor days68 days
Debtors turnover5.39x
Leverage
Total debtRs 141 Cr
Cash and bankRs 23 Cr
Net debtRs 119 Cr
Debt to equity2.90x
Net debt / EBITDA0.56x
Interest coverage29.22x
Current ratio (filing 2026-03-31)9.82x
Quick ratio (filing 2026-03-31)9.81x
Trade payables (filing 2026-03-31)Rs 7 Cr
Owners' fund to total sources20.77%
Debt to assets60.21%
Cash flow
Operating cash flow (latest year)Rs -16 Cr
Investing cash flow (latest year)Rs -18 Cr
Financing cash flow (latest year)Rs 53 Cr
Net change in cash (latest year)Rs 19 Cr
Statement figures
Net sales (TTM)Rs 1,911 Cr
Net sales (latest year)Rs 553 Cr
Sales (latest quarter)Rs 390 Cr
Operating profit excl. other income (latest year)Rs 48 Cr
Operating profit (latest quarter)Rs 29 Cr
Other income (TTM)Rs 32 Cr
EBITDA (TTM)Rs 211 Cr
PBDT (TTM)Rs 205 Cr
Profit before tax (TTM)Rs 167 Cr
Tax (latest year)Rs 9 Cr
Net profit (TTM)Rs 124 Cr
Net profit (latest year)Rs 23 Cr
Net profit (latest quarter)Rs 17 Cr
Depreciation (TTM)Rs 38 Cr
Depreciation (latest quarter)Rs 11 Cr
Interest (TTM)Rs 6 Cr
Cost of goods sold (latest year)Rs 334 Cr
Total expenditure (latest year)Rs 505 Cr
Total income (latest year)Rs 555 Cr
Share capitalRs 9 Cr
ReservesRs 40 Cr
Shareholders' fundsRs 49 Cr
Total assetsRs 235 Cr
Net blockRs 29 Cr
Capital work in progressRs 11 Cr
InvestmentsRs 2 Cr
ReceivablesRs 103 Cr
InventoryRs 0 Cr
Other liabilitiesRs 45 Cr
Shares outstanding (crore)9.22
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 12.7 is the lowest in its own 2.4-year history
(median 37.5, low 12.7, high 247.7).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | ZAGGLE | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.6% | -2.8% | -0.9 pts |
| 1 month | -6.9% | -6.8% | -0.1 pts |
| 3 months | -19.4% | -7.6% | -11.7 pts |
| 6 months | -8.4% | +0.4% | -8.8 pts |
| 1 year | -52.2% | -9.9% | -42.3 pts |
| 2 years | -61.5% | -13.6% | -47.9 pts |
| 3 years | -14.4% | +14.2% | -28.5 pts |
16 mutual fund schemes hold about ₹57 Cr.
Over three months 8 bought more and 6 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Bank of India Flexi Cap Fund | 0.57% | 17 | -2% |
| Bank of India Small Cap Fund | 0.39% | 13 | -14% |
| Bank of India ELSS Tax Saver Fund | 0.73% | 10 | +10% |
| Bank of India Aggressive Hybrid Fund | 0.45% | 9 | -8% |
| Bank of India Business Cycle Fund | 0.97% | 5 | +11% |
| Motilal Oswal Nifty Microcap 250 Index Fund | 0.14% | 3 | +3% |
| Bank of India Conservative Hybrid Fund(A | 0.13% | 0 | +11% |
| Groww Nifty Total Market Index Fund | 0.01% | 0 | +6% |
| Bank of India Large & Mid Cap Fund | 0.00% | 0 | -100% |
| ITI ELSS Tax Saver Fund | 0.00% | 0 | -100% |
| Angel One Nifty Total Market Index Fund | 0.01% | 0 | +6% |
| Mirae Asset Nifty Total Market Index Fund | 0.01% | 0 | +6% |
| Bank of India Midcap Tax Fund-Sr 2 | 0.00% | 0 | -100% |
| Bank of India Multi Cap Fund | 0.00% | 0 | -100% |
| Bandhan Nifty Total Market Index Fund | 0.01% | 0 | +6% |
| Motilal Oswal BSE 1000 Index Fund | 0.01% | 0 | +6% |
Red flags
F-score 2 of 8| explain | Weak cash conversion Cash from operations was 9% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 16% of total assets in 2026 |
| explain | Receivables outrunning sales Receivables grew 139% vs sales +49% in 2026 |
| explain | Share dilution Share count up 46000% in a year, 46000% in three |
| explain | Debt up, profit down Borrowings up 101% while net profit fell in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹390 Cr +17.8% vs Jun 2025.
Net profit ₹17 Cr -34.6%.
Against our estimate for Jun 2026: sales -19.4%, profit -52.8% big miss. Our estimate for Sep 2026: sales Rs 565 Cr, profit Rs 39 Cr (how).
Activity
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| L&T Technology Services Ltd | 32,692 | 24.3 | 26.7 % |
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| Netweb Technologies India Ltd | 27,423 | 105 | 37.5 % |
| Affle 3i Ltd | 21,151 | 44.3 | 16.8 % |
| Sagility Ltd | 19,914 | 19.4 | 13.4 % |
| ESDS Software Solution Ltd | 18,624 | 151 | 30.2 % |
| Black Box Ltd | 14,435 | 50.5 | 21.6 % |
| E2E Networks Ltd | 13,399 | 430 | -0.51 % |
| Amagi Media Labs Ltd | 12,412 | 122 | 8.02 % |
| Cyient Ltd | 11,730 | 28.8 | 12.3 % |
| eMudhra Ltd | 5,189 | 45.1 | 15.7 % |
| Datamatics Global Services Ltd | 4,855 | 19.1 | 20.4 % |
| R Systems International Ltd | 3,509 | 16.7 | 19.5 % |
| BLS E-Services Ltd | 2,922 | 50.3 | 16.4 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-09-17 | Annual General Meeting |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 150perc in previous 12 months
Quick answers
What is the market cap of Zaggle Prepaid Ocean Services Ltd?
Zaggle Prepaid Ocean Services Ltd (ZAGGLE) has a market capitalisation of Rs 2,338 Cr. at the 2026-10-01 close.
What is the P/E ratio of Zaggle Prepaid Ocean Services Ltd?
Zaggle Prepaid Ocean Services Ltd trades at a P/E of 18.8 on trailing twelve-month profit, at the 2026-10-01 close.
What were Zaggle Prepaid Ocean Services Ltd's latest quarterly results?
In the Jun 2026 quarter, Zaggle Prepaid Ocean Services Ltd sales was Rs 390 Cr (+17.8% vs Jun 2025) and net profit was Rs 17 Cr.
What is the 52-week high and low of Zaggle Prepaid Ocean Services Ltd?
The 52-week high is Rs 405.40 and the 52-week low is Rs 154.36.