BSECompany Update5d ago · 14 Aug 2026, 05:17 pm

Press release

Zaggle Prepaid Ocean Services Ltd · 543985

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Zaggle Prepaid Ocean Services Ltd has announced its unaudited financial results for the quarter ended June 30, 2026, with revenue from operations increasing by 27.5% YoY to ₹4,232.7 crore, and adjusted EBITDA margin reducing to 8.2% due to expenses related to the Dice acquisition and other factors.

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Earnings Impact6/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Zaggle Prepaid Ocean Services Ltd - 543985 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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ZAGGLE/26-27/61 August 14, 2026 To To Listing Department The Corporate Relations Department NATIONAL STOCK EXCHANGE OF INDIA LIMITED BSE LIMITED Exchange Plaza, Plot No C/1, G Block Phiroz Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), 25th Floor, Dalal Street, Mumbai -400 051, Maharashtra Mumbai -400 001, Maharashtra Company Symbol: ZAGGLE Company Scrip Code: 543985 Dear Sir / Madam, Sub: Press Release on performance of the Company for the quarter ended on June 30, 2026 Pursuant to the Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith press release issued by Zaggle Prepaid Ocean Services Limited, on the above subject, the content of which is self-explanatory. Thanking you Yours faithfully, For Zaggle Prepaid Ocean Services Limited Hari Priya Company Secretary and Compliance Officer Encl: as above Investor Release Zaggle Prepaid Ocean Services Limited Quarter performance highlights Friday,August14,2026,Hyderabad–ZagglePrepaidOceanServicesLimited,aSaaSfintechplayerwhich providesspendmanagementproductsandsolutions,hasannounceditsunauditedFinancialResultsforthe quarterendedJune30,2026. (Consolidated ₹ Million, unless stated Q1FY27 Q1FY26 YoY otherwise) Revenue from operations 4,232.7 3,319.7 27.5% Adjusted EBITDA* 347.4 334.2 4.0% Adjusted EBITDA Margin 8.2% 10.1% ESOP Cost 4.1 18.3 Adj. Profit Before Tax * 261.6 349 Profit After Tax 175.3 261.1 -32.9% PAT Margin 4.1% 7.9% KeyHighlights  Propel margins surged on the back of a strong performance from Greenedge as well as overriding commissionsreceivedinthequarter  Incentive&Cashbackasa%ofrevenuestoodat~66.3%,anoptimizationfrom69%duringQ4FY26.  EBITDAMarginhasreducedduetothefollowingelements: 1. ExpensesrelatedtotheDiceacquisitionincludingbutnotlimitedtotransactioncosts,onetime vendorpaymentsandrelocationexpensesfor100+professionals 2. RevenuefromDicecontractswasnotcapturedinQ1FY27andwillstartreflectingfromQ2FY27 onwards. 3. ModeratedpushofexpensesintotheP&Lwhichwereearliercapitalized 4. Incrementsforexistingemployees 5. AddedemployeecostsandotherexpensesfromtheacquisitionofZagg.Money *AdjustedEBITDAisafterreducingtheESOPexpensesand addingEBITDAshareof associate.Adj PBTincludesPBTshareofassociate Investor Release Commenting on the performance Raj P Narayanam, Founder and Executive Chairman, Zaggle Prepaid OceanServicesLimitedsaid, "Q1 FY27 marks animportantinflectionpointforZaggle as wemovefrom adecadeofprofitable growth intoaphaseoftransformationthroughconsolidation.Ourfocusisnowfirmlyonoptimizingcoreoperations, scaling AI across our platforms, and integrating our recent acquisitions - all while calibrating our capitalizationandinstillinggreatercashflowdisciplinetopositionthecompanyforhigher-margingrowthin theyearsahead. WehavecompletedtheinvestmentofRs.80MninUnobancPrivateLimited,asubsidiaryofHopFinancial Solutions Limited, which holds an Authorised Dealer Category II licence from RBI. This investment strengthensourcapabilitiesincross-borderpayments,forexcardsandremittances,enablingustoexpand ourfinancialsolutionsforbothcorporateandretailcustomers. From Dice, we have already brought marquee enterprise clients including Hindalco, Bajel, Trident Group, IDFCFirstBank,Lenskart,NephroplusandXpressBeesintoourfold.Beyondtheclientbase,Dice'stechnical expertiseisacceleratingourAIroadmapacrossSaveandZoyer,strengtheningautomatedspendanalytics, approvalworkflowsandpredictiveexpensemanagementtherebycreatingaverystronglaunchpadforour growthoverseas. Lookingahead,ourvariousacquisitionsalongsideourcardinitiativesandinternationalforayallstrengthen ourplatformforthenextphaseofscale.” AboutZagglePrepaidOceanServicesLimited(Zaggle) Incorporatedin2011,Zaggle(NSE:ZAGGLEBSE:543985)isaleadingplayerinspendmanagement,witha differentiated value proposition and diversified user base. the company operates in the business-to- business-to-customer segment and is amongst a small number of uniquely positioned players with a diversified offering of financial technology products and services. Zaggle is one of the largest number of issued prepaid cards in India in partnership with its banking partners and is also one of the largest commercial credit cards player in India basis spends generated on cards issued by its partner banks. Additionally,ZagglehasadiversifiedportfolioofSaaSproducts,includingtaxandpayrollsoftware, anda widetouchpointreach.Itisaleadingplayerinspendmanagement,withmorethan50millionprepaidcards issuedinpartnershipwith19bankingpartnersandmorethan4.03millionusersservedasofJune30,2026, offeringadifferentiatedvaluepropositionanddiversifieduserbase. Zaggle‘s network of corporate customers covers the banking and finance, technology, healthcare, manufacturing,FMCG,infrastructureandautomobileindustries. Formoreinformation,pleasevisitcompanywebsitehttps://www.zaggle.in/ Investor Release SafeHarbourStatement: Statementsinthisdocumentrelatingtofuturestatus,events,orcircumstances,includingbutnotlimited to statements about plans and objectives, the progress and results of research and development, potentialprojectcharacteristics,projectpotentialandtargetdatesforprojectrelatedissuesareforward- looking statements based on estimates and the anticipated effects of future events on current and developingcircumstances.Suchstatementsaresubjecttonumerousrisksanduncertaintiesandarenot necessarilypredictiveoffutureresults.Actualresultsmaydiffermateriallyfromthoseanticipatedinthe forward-lookingstatements.Thecompanyassumesnoobligation to update forward-lookingstatements toreflectactualresultschangedassumptionsorotherfactors. Formoreinformationpleasecontact: Investor Relations Advisor: Company: Zaggle Prepaid Ocean Services Limited Strategic Growth Advisors Pvt Ltd. CIN No: U74140MH2010PTC204285 CIN: L65999TG2011PLC074795 Shikha Puri/ Srushti Pathak Hari Priya, Email id: shikha.puri@sgapl.net / Company Secretary & Compliance Officer srushti.pathak@sgapl.net Email id: investor.relations@zaggle.in Tel No: +91 9819282743 / +91 8308245280