Zaggle Prepaid Ocean Services Limited has delivered its strongest-ever annual performance for the financial year ended March 31, 2026. The SaaS fintech company reported a consolidated revenue of INR 19,076 million, marking a 46.3% YoY growth. With a profit after tax of INR 1,388 million, the company successfully completed its third consecutive quarter of record financial results, driven by sustained margin improvements and a focus on enterprise spend management solutions.
Strong Annual Financial Growth
For the financial year ended March 31, 2026, Zaggle achieved significant growth across all key financial metrics. The company reported annual revenue of INR 19,076 million, a 46.3% increase compared to the previous year. Profitability also saw a substantial rise, with PAT reaching INR 1,388 million, reflecting a 51.8% year-over-year growth. Adjusted EBITDA for the year stood at INR 1,916 million, representing a 51.0% growth.
Quarterly Performance Highlights
In the fourth quarter (January–March 2026), the company maintained its growth momentum. Quarterly revenue reached INR 6,179 million, up 49.9% compared to the same period last year. Adjusted EBITDA for the quarter was reported at INR 605 million, a 62.4% increase, while quarterly Profit After Tax grew by 30.4% to reach INR 406 million.
Strategic Milestones and Future Outlook
Throughout the year, the company advanced its AI-led strategy, deploying dual engines to enhance internal efficiency and customer-facing capabilities. Strategic initiatives included the acquisitions of Greenedge Enterprises and Rivpe Technology (rebranded as Zagg.Money), as well as entry into the consumer retail credit card market. Furthermore, the establishment of Zaggle Payments IFSC Ltd in GIFT City marks a strategic move toward global cross-border expansion.
Projections for FY27
Looking ahead, the company maintains a positive outlook for the digital payments and spend management ecosystem. For FY27, management projects standalone revenue growth of 25–30% and consolidated revenue growth of approximately 40%. This growth is expected to be fueled by AI-first product development, deeper market penetration, and expansion into MENA and US markets.
Source: BSE
