Zaggle Prepaid Ocean
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** Shares of financial technology firm Zaggle Prepaid Ocean Services ZAGG.NS down 20% to 160.48 rupees, lowest since September 22, 2023, when it listed
** Biggest percentage fall in over three months
** Stock on track for eighth straight session of losses
** Co reports a 32.9% fall in quarterly net profit to 175.33 million rupees ($1.83 million) after expenses rose to 4.07 billion rupees vs 3.10 billion rupees in Q1 FY26
** Quarterly revenue grows 27.4% to 4.23 billion rupees
** RSI at 17.15, stock enters "oversold" territory after almost four months, according to LSEG-compiled data
** YTD, shares down 53.86%
($1 = 95.5875 Indian rupees)
(Reporting by Saikeerthi in Bengaluru)
(([email protected]; (+91) 8296756080))
** Shares of financial technology firm Zaggle Prepaid Ocean Services ZAGG.NS down 20% to 160.48 rupees, lowest since September 22, 2023, when it listed
** Biggest percentage fall in over three months
** Stock on track for eighth straight session of losses
** Co reports a 32.9% fall in quarterly net profit to 175.33 million rupees ($1.83 million) after expenses rose to 4.07 billion rupees vs 3.10 billion rupees in Q1 FY26
** Quarterly revenue grows 27.4% to 4.23 billion rupees
** RSI at 17.15, stock enters "oversold" territory after almost four months, according to LSEG-compiled data
** YTD, shares down 53.86%
($1 = 95.5875 Indian rupees)
(Reporting by Saikeerthi in Bengaluru)
(([email protected]; (+91) 8296756080))
Aug 14 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
JUNE-QUARTER CONSOL NET PROFIT 175.3 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.23 BILLION RUPEES
Source text: [ID:]
Further company coverage: ZAGG.NS
(([email protected];))
Aug 14 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
JUNE-QUARTER CONSOL NET PROFIT 175.3 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 4.23 BILLION RUPEES
Source text: [ID:]
Further company coverage: ZAGG.NS
(([email protected];))
** Shares of Zaggle Prepaid Ocean Services ZAGG.NS rise 1.4% to 206.25 rupees
** Financial solutions provider signs 3-year agreement with Daimler India Commercial Vehicles (DICV) to provide Zaggle Zatix platform and Corporate Credit Card Program to automaker's fleet partners
** Says commercial consideration under agreement will depend on number of fleet partners and drivers onboarded, as well as spending at authorised DICV touchpoints; contract value cannot be determined at this stage
** Stock down 40.7% YTD
(Reporting by Payel Das in Bengaluru)
** Shares of Zaggle Prepaid Ocean Services ZAGG.NS rise 1.4% to 206.25 rupees
** Financial solutions provider signs 3-year agreement with Daimler India Commercial Vehicles (DICV) to provide Zaggle Zatix platform and Corporate Credit Card Program to automaker's fleet partners
** Says commercial consideration under agreement will depend on number of fleet partners and drivers onboarded, as well as spending at authorised DICV touchpoints; contract value cannot be determined at this stage
** Stock down 40.7% YTD
(Reporting by Payel Das in Bengaluru)
July 27 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES - ENTERS AGREEMENT WITH DAIMLER INDIA COMMERCIAL VEHICLES
Source text: ID:nNSE2VC1lm
Further company coverage: ZAGG.NS
(([email protected];))
July 27 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES - ENTERS AGREEMENT WITH DAIMLER INDIA COMMERCIAL VEHICLES
Source text: ID:nNSE2VC1lm
Further company coverage: ZAGG.NS
(([email protected];))
Zaggle Prepaid Ocean Services' board authorised four key managerial personnel to determine materiality of events and make disclosures to stock exchanges, the company said on Tuesday. The list included Venkatesh Ramachandran as Group Chief Financial Officer, alongside Executive Chairman Raj P Narayanam, Managing Director Avinash Godkhindi, and Company Secretary Hari Priya.
Powered by Tijori
Zaggle Prepaid Ocean Services' board authorised four key managerial personnel to determine materiality of events and make disclosures to stock exchanges, the company said on Tuesday. The list included Venkatesh Ramachandran as Group Chief Financial Officer, alongside Executive Chairman Raj P Narayanam, Managing Director Avinash Godkhindi, and Company Secretary Hari Priya.
Powered by Tijori
July 1 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES - EMPANELLED BY CANARA BANK THROUGH EOI FOR EMPANELMENT OF FINTECH COMPANIES
Source text: ID:nBSE8yRzy2
Further company coverage: ZAGG.NS
(([email protected];))
July 1 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES - EMPANELLED BY CANARA BANK THROUGH EOI FOR EMPANELMENT OF FINTECH COMPANIES
Source text: ID:nBSE8yRzy2
Further company coverage: ZAGG.NS
(([email protected];))
June 19 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES - ENTERS AGREEMENT WITH PUNJAB NATIONAL BANK FOR CO-BRAND RETAIL CREDIT CARD
Source text: ID:nBSE8S02QJ
Further company coverage: ZAGG.NS
(([email protected];))
June 19 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES - ENTERS AGREEMENT WITH PUNJAB NATIONAL BANK FOR CO-BRAND RETAIL CREDIT CARD
Source text: ID:nBSE8S02QJ
Further company coverage: ZAGG.NS
(([email protected];))
June 11 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES - ENTERS AGREEMENT WITH CROMPTON GREAVES
Source text: ID:nBSE7KFF3b
Further company coverage: ZAGG.NS
(([email protected];))
June 11 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES - ENTERS AGREEMENT WITH CROMPTON GREAVES
Source text: ID:nBSE7KFF3b
Further company coverage: ZAGG.NS
(([email protected];))
May 15 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD - ENTERS AGREEMENT WITH BIKAJI FOODS INTERNATIONAL LIMITED TO PROVIDE EMPLOYEE EXPENSE MANAGEMENT SERVICES
Source text: ID:nNSE7YdbRk
Further company coverage: ZAGG.NS
(([email protected];))
May 15 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD - ENTERS AGREEMENT WITH BIKAJI FOODS INTERNATIONAL LIMITED TO PROVIDE EMPLOYEE EXPENSE MANAGEMENT SERVICES
Source text: ID:nNSE7YdbRk
Further company coverage: ZAGG.NS
(([email protected];))
May 13 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES MARCH-QUARTER CONSOL NET PROFIT 406 MILLION RUPEES
ZAGGLE PREPAID OCEAN SERVICES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 6.18 BILLION RUPEES
Source text: ID:nBSE9fNf4n
Further company coverage: ZAGG.NS
(([email protected];))
May 13 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES MARCH-QUARTER CONSOL NET PROFIT 406 MILLION RUPEES
ZAGGLE PREPAID OCEAN SERVICES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 6.18 BILLION RUPEES
Source text: ID:nBSE9fNf4n
Further company coverage: ZAGG.NS
(([email protected];))
May 6 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD - ENTERS AGREEMENT WITH THE SUPREME INDUSTRIES LIMITED
Source text: ID:nBSE1WJhGz
Further company coverage: ZAGG.NS
(([email protected];))
May 6 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD - ENTERS AGREEMENT WITH THE SUPREME INDUSTRIES LIMITED
Source text: ID:nBSE1WJhGz
Further company coverage: ZAGG.NS
(([email protected];))
April 17 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES - EXECUTION OF AGREEMENT WITH FEDERAL BANK
Source text: ID:nBSE1shZ1D
Further company coverage: ZAGG.NS
(([email protected];))
April 17 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES - EXECUTION OF AGREEMENT WITH FEDERAL BANK
Source text: ID:nBSE1shZ1D
Further company coverage: ZAGG.NS
(([email protected];))
April 3 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
APPOINTMENT OF RAJESH TUMMALAGANTI AS INTERIM CFO
Source text: ID:nNSE1QsJXS
Further company coverage: ZAGG.NS
(([email protected];;))
April 3 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
APPOINTMENT OF RAJESH TUMMALAGANTI AS INTERIM CFO
Source text: ID:nNSE1QsJXS
Further company coverage: ZAGG.NS
(([email protected];;))
April 2 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD - INVESTS 500 MILLION RUPEES IN RIVPE TECHNOLOGY PRIVATE LIMITED
Source text: ID:nNSEzHcFf
Further company coverage: ZAGG.NS
(([email protected];))
April 2 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD - INVESTS 500 MILLION RUPEES IN RIVPE TECHNOLOGY PRIVATE LIMITED
Source text: ID:nNSEzHcFf
Further company coverage: ZAGG.NS
(([email protected];))
April 1 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD -STANDALONE FY27 GROWTH TO RANGE BETWEEN 25- 30%
ZAGGLE PREPAID OCEAN SERVICES LTD -CONSOLIDATED FY27 GROWTH TO BE AROUND 40%
Source text: ID:nBSE4dpmj1
Further company coverage: ZAGG.NS
(([email protected];;))
April 1 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD -STANDALONE FY27 GROWTH TO RANGE BETWEEN 25- 30%
ZAGGLE PREPAID OCEAN SERVICES LTD -CONSOLIDATED FY27 GROWTH TO BE AROUND 40%
Source text: ID:nBSE4dpmj1
Further company coverage: ZAGG.NS
(([email protected];;))
March 10 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD - ENTERS AGREEMENT WITH CNH INDUSTRIAL
Source text: ID:nBSE1gzMc7
Further company coverage: ZAGG.NS
(([email protected];))
March 10 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD - ENTERS AGREEMENT WITH CNH INDUSTRIAL
Source text: ID:nBSE1gzMc7
Further company coverage: ZAGG.NS
(([email protected];))
** Shares of India's Zaggle Prepaid Ocean Services ZAGG.NS rise nearly 3% to 223 rupees, set for second straight session of gains
** Financial solutions provider enters agreement with Blue Star BLUS.NS to provide Zaggle Save, Employee Expense Management & Benefits for three years
** YTD, ZAGG down 35%
(Reporting by Komal Salecha in Bengaluru)
** Shares of India's Zaggle Prepaid Ocean Services ZAGG.NS rise nearly 3% to 223 rupees, set for second straight session of gains
** Financial solutions provider enters agreement with Blue Star BLUS.NS to provide Zaggle Save, Employee Expense Management & Benefits for three years
** YTD, ZAGG down 35%
(Reporting by Komal Salecha in Bengaluru)
March 5 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ENTERS AGREEMENT WITH BLUE STAR LIMITED
Source text: ID:nBSE1K0XX7
Further company coverage: ZAGG.NS
(([email protected];;))
March 5 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ENTERS AGREEMENT WITH BLUE STAR LIMITED
Source text: ID:nBSE1K0XX7
Further company coverage: ZAGG.NS
(([email protected];;))
Feb 12 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD DEC-QUARTER CONSOL NET PROFIT 363.9 MILLION RUPEES
ZAGGLE PREPAID OCEAN SERVICES LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.26 BILLION RUPEES
Source text: ID:nBSE19gtxm
Further company coverage: ZAGG.NS
(([email protected];))
Feb 12 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD DEC-QUARTER CONSOL NET PROFIT 363.9 MILLION RUPEES
ZAGGLE PREPAID OCEAN SERVICES LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.26 BILLION RUPEES
Source text: ID:nBSE19gtxm
Further company coverage: ZAGG.NS
(([email protected];))
Feb 10 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD - ENTERS AGREEMENT WITH EURONET SERVICES INDIA
Source text: ID:nBSE9klgzL
Further company coverage: ZAGG.NS
(([email protected];))
Feb 10 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD - ENTERS AGREEMENT WITH EURONET SERVICES INDIA
Source text: ID:nBSE9klgzL
Further company coverage: ZAGG.NS
(([email protected];))
Feb 3 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD - ENTERS AGREEMENT WITH DR BATRAS' POSITIVE HEALTH CLINIC
Source text: ID:nBSEc3Rl8N
Further company coverage: ZAGG.NS
(([email protected];))
Feb 3 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD - ENTERS AGREEMENT WITH DR BATRAS' POSITIVE HEALTH CLINIC
Source text: ID:nBSEc3Rl8N
Further company coverage: ZAGG.NS
(([email protected];))
Jan 29 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD - ENTERS AGREEMENT WITH HEXALOG TECHNOLOGIES
Source text: ID:nBSE3qQ6hN
Further company coverage: ZAGG.NS
(([email protected];))
Jan 29 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD - ENTERS AGREEMENT WITH HEXALOG TECHNOLOGIES
Source text: ID:nBSE3qQ6hN
Further company coverage: ZAGG.NS
(([email protected];))
Jan 23 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ENTERS AGREEMENT WITH HONDA INDIA POWER PRODUCTS
Source text: ID:nBSE33SQ0H
Further company coverage: ZAGG.NS
(([email protected];))
Jan 23 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ENTERS AGREEMENT WITH HONDA INDIA POWER PRODUCTS
Source text: ID:nBSE33SQ0H
Further company coverage: ZAGG.NS
(([email protected];))
Jan 20 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ENTERED INTO AN AGREEMENT WITH FOREVER NEW APPARELS
TO LEASE MOBILE PHONES TO FOREVER NEW APPARELS EMPLOYEES
Source text: ID:nBSE7bZ5mc
Further company coverage: ZAGG.NS
(([email protected];;))
Jan 20 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ENTERED INTO AN AGREEMENT WITH FOREVER NEW APPARELS
TO LEASE MOBILE PHONES TO FOREVER NEW APPARELS EMPLOYEES
Source text: ID:nBSE7bZ5mc
Further company coverage: ZAGG.NS
(([email protected];;))
Jan 8 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ENTERED AMENDMENT AGREEMENT WITH AGP CITY GAS ON JAN 7, 2026
Source text: ID:nBSEbx7XfX
Further company coverage: ZAGG.NS
(([email protected];))
Jan 8 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ENTERED AMENDMENT AGREEMENT WITH AGP CITY GAS ON JAN 7, 2026
Source text: ID:nBSEbx7XfX
Further company coverage: ZAGG.NS
(([email protected];))
Dec 31 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ENTERS AGREEMENT WITH VISA WORLDWIDE
VISA WILL INCENTIVISE CO TO LAUNCH CO-BRANDED DOMESTIC PREPAID CARDS ON VISA NETWORK
Source text: ID:nBSE57GWrT
Further company coverage: ZAGG.NS
(([email protected];;))
Dec 31 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ENTERS AGREEMENT WITH VISA WORLDWIDE
VISA WILL INCENTIVISE CO TO LAUNCH CO-BRANDED DOMESTIC PREPAID CARDS ON VISA NETWORK
Source text: ID:nBSE57GWrT
Further company coverage: ZAGG.NS
(([email protected];;))
Dec 4 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD - TO INVEST UP TO 750 MILLION RUPEES IN RIVPE
ZAGGLE PREPAID OCEAN SERVICES LTD - TO BUY SHARES IN RIVPE FOR UP TO 220 MILLION RUPEES
Source text: ID:nBSE7p5781
Further company coverage: ZAGG.NS
(([email protected];))
Dec 4 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ZAGGLE PREPAID OCEAN SERVICES LTD - TO INVEST UP TO 750 MILLION RUPEES IN RIVPE
ZAGGLE PREPAID OCEAN SERVICES LTD - TO BUY SHARES IN RIVPE FOR UP TO 220 MILLION RUPEES
Source text: ID:nBSE7p5781
Further company coverage: ZAGG.NS
(([email protected];))
Oct 6 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ANNOUNCES AGREEMENT WITH SMC GLOBAL SECURITIES
Source text: ID:nBSE3616F3
Further company coverage: ZAGG.NS
(([email protected];;))
Oct 6 (Reuters) - Zaggle Prepaid Ocean Services Ltd ZAGG.NS:
ANNOUNCES AGREEMENT WITH SMC GLOBAL SECURITIES
Source text: ID:nBSE3616F3
Further company coverage: ZAGG.NS
(([email protected];;))
** Shares of Zaggle Prepaid Ocean Services ZAGG.NS rise 4.2% to 370.35 rupees
** Financial solutions provider signs agreement with Mastercard Asia/Pacific for co-branded domestic prepaid cards
** Mastercard will incentivise ZAGG to launch, promote cards on its network
** ZAGG down ~29% YTD
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Zaggle Prepaid Ocean Services ZAGG.NS rise 4.2% to 370.35 rupees
** Financial solutions provider signs agreement with Mastercard Asia/Pacific for co-branded domestic prepaid cards
** Mastercard will incentivise ZAGG to launch, promote cards on its network
** ZAGG down ~29% YTD
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Zaggle Prepaid Ocean Services ZAGG.NS rise 8.2% to 397.45 rupees
** Fintech's Q1 consol net profit rose 56% Y/Y; consol revenue rose 31.6% Y/Y
** Reiterate our guidance for the year, with topline growth expected in the range of 35% to 40% and EBITDA margins projected between 10% and 11% - Raj P Narayanam, founder and executive chairman
** Trading volume at 1.3 mln shares so far, more than 3x 30-day average
** YTD, ZAGG down ~23%
($1 = 87.4475 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Zaggle Prepaid Ocean Services ZAGG.NS rise 8.2% to 397.45 rupees
** Fintech's Q1 consol net profit rose 56% Y/Y; consol revenue rose 31.6% Y/Y
** Reiterate our guidance for the year, with topline growth expected in the range of 35% to 40% and EBITDA margins projected between 10% and 11% - Raj P Narayanam, founder and executive chairman
** Trading volume at 1.3 mln shares so far, more than 3x 30-day average
** YTD, ZAGG down ~23%
($1 = 87.4475 Indian rupees)
(Reporting by Vijay Malkar)
(([email protected];))
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Popular questions
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What does Zaggle Prepaid Ocean do?
Zaggle Prepaid Ocean Services Limited provides corporate SaaS platforms like 'Propel', 'Save', 'CEMS', 'Zaggle Payroll Card', and 'Zoyer' for various business needs.
Who are the competitors of Zaggle Prepaid Ocean?
Zaggle Prepaid Ocean major competitors are Quick Heal Tech, Tracxn Technologies, Cambridge Technology, AGS Transact Tech, Globesecure Tech., RateGain Travel Tech, Landmark Cars. Market Cap of Zaggle Prepaid Ocean is ₹2,230 Crs. While the median market cap of its peers are ₹310 Crs.
Is Zaggle Prepaid Ocean financially stable compared to its competitors?
Zaggle Prepaid Ocean seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Zaggle Prepaid Ocean pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Zaggle Prepaid Ocean latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Zaggle Prepaid Ocean allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Zaggle Prepaid Ocean balance sheet?
Balance sheet of Zaggle Prepaid Ocean is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Zaggle Prepaid Ocean improving?
Yes, profit is increasing. The profit of Zaggle Prepaid Ocean is ₹124 Crs for TTM, ₹87.92 Crs for Mar 2025 and ₹44.02 Crs for Mar 2024.
Is the debt of Zaggle Prepaid Ocean increasing or decreasing?
Yes, The net debt of Zaggle Prepaid Ocean is increasing. Latest net debt of Zaggle Prepaid Ocean is -₹500.37 Crs as of Mar-26. This is greater than Mar-25 when it was -₹1,298.13 Crs.
Is Zaggle Prepaid Ocean stock expensive?
Zaggle Prepaid Ocean is not expensive. Latest PE of Zaggle Prepaid Ocean is 17.22, while 3 year average PE is 75.87. Also latest EV/EBITDA of Zaggle Prepaid Ocean is 9.33 while 3yr average is 43.45.
Has the share price of Zaggle Prepaid Ocean grown faster than its competition?
Zaggle Prepaid Ocean has given better returns compared to its competitors. Zaggle Prepaid Ocean has grown at ~-32.35% over the last 2yrs while peers have grown at a median rate of -37.66%
Is the promoter bullish about Zaggle Prepaid Ocean?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 44.3% and last quarter promoter holding is 44.15%.
Are mutual funds buying/selling Zaggle Prepaid Ocean?
The mutual fund holding of Zaggle Prepaid Ocean is decreasing. The current mutual fund holding in Zaggle Prepaid Ocean is 2.8% while previous quarter holding is 3.0%.