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Zaggle Prepaid Ocean Services Limited (ZAGGLE) Fair Value & Analysis

Technology · IN · Market cap ₹28.7B

ZP Zaggle Prepaid Ocean Services Limited ZAGGLE · NSE
Price₹212.95
Fair Value₹205.39
Upside-3.6%
Quality42/100
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Evidence: Medium Range ₹154.04 – ₹256.74

Fair value as of: Jul 3, 2026

From 14 valuation models · updated today

Share price +4.8% over the past month.

Price vs Fair Value (12 months)

₹423.30 ₹187.47 Fair Value ₹205.39 Jul 2025 Jul 2026

12‑month range ₹187.47 – ₹423.30 · fair‑value band ₹154.04 – ₹256.74 · the ₹212.95 price screens above the ₹205.39 fair value. As of Jul 3, 2026.

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Analysis

Zaggle Prepaid Ocean Services Limited (ZAGGLE) currently trades at ₹212.95, while our model-based Fair Value estimate is ₹205.39 — implying the stock looks roughly 3.6% overvalued today. We read business quality at 42/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, Zaggle Prepaid Ocean Services Limited generated revenue of ₹19.1B at a net margin of 7.2%. Revenue grew 49.9% year over year. It earns a return on equity of 10.5%. The balance sheet holds a net cash position of ₹4.9B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹19.1B
Revenue growth (YoY) +49.9%
Net margin 7.2%
Return on equity 10.5%
Free cash flow −₹1.3B FY2026
P/E ratio 20.8
More key figures
Operating margin 32.0%
EPS (TTM) ₹10.26
EPS growth (YoY) +21.9%
Net cash ₹4.9B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Zaggle Prepaid Ocean Services Limited builds financial products and solutions to manage the business expenses of corporates, small and medium-sized enterprises, and startups through automated workflows. It operates Propel, a corporate software-as-a-service (SaaS) platform for channel rewards and incentives, employee rewards, and recognition; and Save, a SaaS-based platform and a mobile application to offer expense management solution for business spend management facilitating digitized employee reimbursements and tax benefits. The company also provides CEMS, a customer engagement management system that enables merchants to manage their customer experiences, including rewarding merchants through gift card and loyalty benefits; and Zaggle Payroll Card, a prepaid payroll card that enables customers to pay contractors, consultants, seasonal and temporary employees, and unbanked wage workers as an alternative to direct deposits to bank accounts or cash payments. In addition, it operates …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Zaggle Prepaid Ocean Services Limited reported revenue of ₹19.1B in FY2026 versus ₹3.7B in FY2022, a compound +50.6%/yr. Reported net income was ₹1.4B in FY2026, compounding +34.7%/yr from FY2022.

Revenue +50.6%/yr
FY22 ₹3.7B
FY23 ₹5.5B
FY24 ₹7.8B
FY25 ₹13.0B
FY26 ₹19.1B
Net income +34.7%/yr
FY22 ₹419M
FY23 ₹229M
FY24 ₹440M
FY25 ₹879M
FY26 ₹1.4B

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Frequently asked questions

Is Zaggle Prepaid Ocean Services Limited (ZAGGLE) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹205.39 versus a price of ₹212.95 — about −4% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ZAGGLE?
Our model-based fair value for Zaggle Prepaid Ocean Services Limited is ₹205.39 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹212.95.
What is the quality score of ZAGGLE?
Zaggle Prepaid Ocean Services Limited has a Quality Score of 42/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Zaggle Prepaid Ocean Services Limited (ZAGGLE)?
Zaggle Prepaid Ocean Services Limited reported trailing-twelve-month revenue of about ₹19.1B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of ZAGGLE?
The net profit margin of Zaggle Prepaid Ocean Services Limited is about 7.2%, meaning it keeps roughly 7.2% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.