Zaggle Prepaid Ocean Services Limited has informed the Exchange about Transcript
ZAGGLE · price
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Zaggle reported its highest-ever annual performance with FY25 revenue of Rs. 1,303 crores, up 68% year-on-year, and PAT of Rs. 88 crores, nearly doubling with 99% growth. Q4 FY25 revenue rose 51% to Rs. 411 crores with PAT at Rs. 32 crores (up 67%). Management upgraded FY26 standalone revenue growth guidance to 35-40% and raised EBITDA margin guidance to 10-11% (from 9-10% earlier), reaffirming a long-term target of 12-15% margins over 3-4 years. The company now serves 3,455+ customers with over 3.28 million active users, churn below 1.5%, and received NPCI's TPAP approval enabling direct UPI payments. Acquisitions of TaxSpanner and strategic investment in Mobileware were completed, with M&A activity in advanced stages for further deals.
Strong beat on FY25 numbers and an upward revision in FY26 margin guidance signal improving profitability discipline, which is positive for shareholders. The shift toward profitable growth and better cash flow conversion (DSO improved from 82 to 60 days) may support valuation re-rating.