Zaggle Prepaid Ocean Services has reported a strong financial performance in Q4 FY25, with net profit rising 67% year-on-year (YoY) to ₹32 crore, driven by robust revenue growth and strategic business expansion.
Revenue Growth and Profitability
The company’s total revenue surged 50.5% YoY to ₹411 crore, compared to ₹273 crore in Q4 FY24. On the operating front, EBITDA improved 34.6% YoY to ₹36 crore, although the EBITDA margin declined to 8.9% from 10% last year, impacted by higher ESOP costs.
For the full fiscal year FY25, Zaggle Prepaid reported a profit after tax (PAT) of ₹87.4 crore, nearly double the ₹44 crore recorded in FY24.
Key Growth Drivers
The year-on-year growth was fueled by:
- Strong performance of the Zoyer solution
- Organic expansion in the Save & Propel business segments
- Addition of new clients and users
- Effective cross-sell initiatives
Future Outlook and FY26 Guidance
Zaggle Prepaid projects organic revenue growth of 35–40% in FY26, with a focus on margin expansion through operational efficiencies and increased operating leverage.
Founder and Executive Chairman Raj P. Narayanam stated, “This year has been exceptional, with our highest yearly performance ever. FY25 revenues have surpassed our guidance, crossing the ₹13,000 million mark and achieving a 68.0% year-on-year growth. Also, our PAT at ₹874.8 million was almost double that of last year.”
Stock Performance and Market Sentiment
Ahead of the earnings announcement, Zaggle Prepaid’s shares surged 8.38%, closing at ₹366.60 per share on the BSE, reflecting strong investor confidence.
With strategic investments and continued expansion, Zaggle Prepaid is well-positioned for sustained growth, reinforcing its leadership in the fintech sector.
