ALFA Finder| Revenue growth | Q2 +34.2% YoY to ₹5,799Mn; H1 +31.3% |
|---|---|
| Margins | Adj EBITDA margin 7.7% vs 10.8%; net-basis 19.3% vs 23.6% |
| Demand visibility | Festive traction; Dice marquee wins (Hindalco, Trident, IDFC First) |
Growth
Q2 revenue +34.2% YoY; H1 +31.3%. Software fees +35.2% (Q2), Propel platform +49.5%, Program fees +12.4%. Adj EBITDA and PAT declined YoY.
Outlook
No numeric guidance. Balance Dice contracts in Q3; moderating cash-intensive Propel volumes; Zaggle Holdings (ADGM) set up for regional expansion.
Risks
Margin compression: gross margin 39.8% vs 45.4%, Adj EBITDA 7.7% vs 10.8%. Receivables up 27% to ₹4,600Mn. Dice integration ~30% pending.
Last quarter's promises, checked
Delivered
- Growth to accelerate in Q2 (from 28%) → +34.2% YoY (= BEAT)
- ADGM subsidiary in Q2 FY27 → Zaggle Holdings (ADGM) set up (= BEAT)
Partly delivered
- Dice revenue from 1 Jul → software fees +35.2%, Dice split undisclosed (= PARTIAL)
Missed
- 40% consol growth → +34.2% Q2, H1 +31.3% (= MISS)
- 85+ Dice novations by end-Q2 → ~70% done, rest Q3 (= MISS)
- Significant program-fee improvement → +12.4% YoY (= MISS)
Investor Presentation filed with BSE, NSE: ZAGGLE. Summary written with AI assistance from the document.
Zaggle Prepaid Ocean Services Ltd: key numbers
- Share price
- ₹170.99
- Market cap
- ₹2,299 Cr
- Revenue (annual)
- ₹1,908 Cr
- Net profit (annual)
- ₹138.1 Cr
- P/E (TTM)
- 17.8×Sector 23.3×
- Promoter holding
- 44.30%+0.00% QoQ
- FII holding
- 2.49%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Zaggle Prepaid Ocean Services Ltd
All →Zaggle Prepaid Ocean Services Results Update
Zaggle's press release shows Q2FY27 revenue up 34.2% to ₹5,799 million. Profit after tax fell 30.1% to ₹245 million, weighed down by higher costs.
Zaggle Prepaid Ocean Services Q2 FY27 Results: Net Profit ₹24.5 Cr, Down 30.0% YoY
Zaggle Prepaid Ocean Services Ltd reported revenue from operations of ₹579.9 Cr (+34.2% YoY) and net profit of ₹24.5 Cr (-30.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹24.5 Cr · -30.0% YoY
Zaggle Prepaid Ocean Services Employee Stock Options
Zaggle granted 77,071 stock options under ESOP 2022 at ₹130 exercise price per option. Approved by the NRC on November 13, 2026.
Zaggle Prepaid Ocean Services Other Announcement
Zaggle Prepaid Ocean Services intimated that its board authorised four KMPs, including the CEO, CFO and Company Secretary, to determine materiality and make disclosures under Regulation 30(5). The filing lists contact details and creates no financial or business event.
Zaggle Prepaid Ocean Services Management Change
Zaggle Prepaid Ocean Services appointed Samar Vijay Pupala as CFO effective November 6, 2026, after Venkatesh Ramachandran resigned as Group CFO. Ramachandran moves to Group Chief Strategy and Transformation Officer.
Zaggle Prepaid Ocean Services Board Meeting Date
Zaggle Prepaid Ocean Services scheduled a board meeting on November 13, 2026. The board will consider Q2 FY2026-27 financial results and employee stock option allotments.