Zaggle Prepaid Ocean Services Ltd.Record Growth Amid Strategic Reset

Zaggle delivered its strongest annual performance in FY26, with consolidated revenue surging 46% to ₹1,908 crores and PAT jumping 52% to ₹139 crores.

Stand-alone revenue grew 42% to ₹1,853 crores while adjusted EBITDA expanded 47% to ₹183 crores. Subsidiary businesses showed exceptional momentum, with 86400 revenue up 118% to ₹74 crores and GreenEdge soaring 184% to ₹103.7 crores. The company restructured its DICE acquisition from ₹123 crores to ₹68 crores, securing complete IP and enterprise contracts while adding 100-plus AI-skilled professionals. Management has strategically pivoted toward cash flow improvement, reducing negative operating cash flow from ₹33 crores to ₹6 crores and targeting positive territory in coming quarters.

For FY27, management guided moderated growth of 25-30% stand-alone and approximately 40% consolidated, reflecting larger revenue base and deliberate focus on working capital efficiency over top-line acceleration. The Zagg.money credit card achieved an impressive 36,000-40,000 annualized acquisition run rate within eight weeks, signaling strong product-market fit.