Zaggle Prepaid Ocean Services Limited — Quarter and year ended March 31, 2026
Standalone Statement of Standalone Financial Results for the Quarter and Year ended March 31, 2026 (₹ in Million)
| Sl. No | Particulars | Quarter ended 31-Mar-26 Audited (Refer Note 9) | Quarter ended 31-Dec-25 Unaudited | Quarter ended 31-Mar-25 Audited (Refer Note 9) | Year ended 31-Mar-26 Audited | Year ended 31-Mar-25 Audited |
|---|---|---|---|---|---|---|
| 1 | Revenue | |||||
| (a) Revenue from operations | 5,927.13 | 4,976.26 | 4,114.45 | 18,528.12 | 13,026.46 | |
| (b) Other income | 77.49 | 85.03 | 127.30 | 372.59 | 245.11 | |
| Total income | 6,004.62 | 5,061.29 | 4,241.75 | 18,900.71 | 13,271.57 | |
| 2 | Expenses | |||||
| (a) Cost of point redemption / gift cards | 3,472.42 | 2,608.56 | 2,216.19 | 10,116.63 | 6,798.00 | |
| (b) Employee benefits expense | 164.64 | 187.00 | 170.59 | 677.70 | 655.98 | |
| (c) Finance costs | 14.87 | 13.93 | 11.10 | 53.30 | 76.34 | |
| (d) Depreciation and amortisation expense | 104.13 | 97.76 | 61.60 | 345.78 | 146.90 | |
| (e) Incentives and cash back | 1,521.20 | 1,417.32 | 1,083.60 | 5,052.64 | 3,598.72 | |
| (f) Other expenses | 220.49 | 254.54 | 277.57 | 875.43 | 821.43 | |
| Total expenses | 5,497.75 | 4,579.11 | 3,820.65 | 17,121.48 | 12,097.37 | |
| 3 | Profit before tax | 506.87 | 482.18 | 421.10 | 1,779.23 | 1,174.20 |
| 4 | Tax expense | |||||
| (a) Current tax | 132.36 | 123.24 | 88.49 | 458.69 | 278.58 | |
| (b) Deferred tax charge / (credit) | (3.19) | (0.74) | 12.97 | (8.01) | 20.82 | |
| Total tax expense | 129.17 | 122.50 | 101.46 | 450.68 | 299.40 | |
| 5 | Profit for the period / year | 377.70 | 359.68 | 319.64 | 1,328.55 | 874.80 |
| 6 | Other comprehensive income / (loss) (net of taxes) | |||||
| Items that will not be reclassified subsequently to profit and loss | ||||||
| (a) Remeasurement gain / (loss) of defined benefit plan | 3.97 | (1.13) | 0.74 | (2.89) | 3.82 | |
| (b) Equity instruments through other comprehensive income | (0.55) | (0.28) | (1.98) | 0.27 | (0.58) | |
| (c) Deferred tax relating to above items | 0.17 | 0.33 | (0.05) | 1.78 | (1.18) | |
| Total Other comprehensive income / (loss) | 3.59 | (1.08) | (1.29) | (0.84) | 2.06 | |
| 7 | Total comprehensive income | 381.29 | 358.60 | 318.35 | 1,327.71 | 876.86 |
| 8 | Paid up equity share capital (Face Value ₹ 1 each) | 134.46 | 134.45 | 134.21 | 134.46 | 134.21 |
| 9 | Other equity | 13,867.39 | 12,341.91 | |||
| 10 | Earnings Per Share (Face Value of ₹ 1 per share) (for the period not annualised) | |||||
| Basic Earnings per share (in ₹) | 2.81 | 2.68 | 2.38 | 9.89 | 6.96 | |
| Diluted Earnings per share (in ₹) | 2.81 | 2.67 | 2.37 | 9.87 | 6.93 |
Standalone Statement of Assets and Liabilities (₹ in Million)
| Particulars | As at March 31, 2026 | As at March 31, 2025 |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| a) Property, plant and equipment | 373.99 | 396.83 |
| b) Right-of-use assets | 78.01 | 100.93 |
| c) Intangible assets | 886.34 | 544.07 |
| d) Intangible assets under development | 665.76 | 220.17 |
| e) Financial assets | ||
| (i) Investments | 1,923.19 | 815.79 |
| (ii) Loans | 141.85 | 8.45 |
| (iii) Other financial assets | 119.64 | 418.46 |
| f) Income-tax assets (net) | 11.21 | 18.21 |
| g) Deferred tax assets (net) | 15.39 | 5.60 |
| h) Other non-current assets | 27.14 | 27.23 |
| Total non-current assets | 4,242.52 | 2,555.74 |
| Current assets | ||
| a) Inventories | 8.41 | 3.31 |
| b) Financial assets | ||
| (i) Trade receivables | 3,339.30 | 2,148.99 |
| (ii) Cash and cash equivalents | 969.66 | 379.91 |
| (iii) Bank balances other than (iii) above | 4,381.80 | 6,151.52 |
| (iv) Other financial assets | 70.32 | 102.76 |
| c) Other current assets | 2,185.63 | 1,740.81 |
| Total current assets | 10,955.12 | 10,527.30 |
| Total assets | 15,197.64 | 13,083.04 |
| EQUITY AND LIABILITIES | ||
| EQUITY | ||
| a) Equity share capital | 134.46 | 134.21 |
| b) Other equity | 13,867.39 | 12,341.91 |
| Total equity | 14,001.85 | 12,476.12 |
| LIABILITIES | ||
| Non-current liabilities | ||
| a) Financial liabilities | ||
| (i) Lease liabilities | 46.68 | 77.90 |
| b) Provisions | 33.06 | 20.79 |
| Total non-current liabilities | 79.74 | 98.69 |
| Current liabilities | ||
| a) Financial liabilities | ||
| (i) Borrowings | 439.04 | 50.90 |
| (ia) Lease liabilities | 45.64 | 35.50 |
| (ii) Trade payables | ||
| Total outstanding dues of micro enterprises and small enterprises | 0.75 | 2.21 |
| Total outstanding dues of creditors other than micro enterprises and small enterprises | 69.84 | 32.82 |
| (iii) Other financial liabilities | 144.49 | 45.05 |
| b) Other current liabilities | 396.53 | 327.45 |
| c) Provisions | 0.62 | 1.00 |
| d) Current tax liabilities (net) | 19.14 | 13.30 |
| Total current liabilities | 1,116.05 | 508.23 |
| Total liabilities | 1,195.79 | 606.92 |
| Total equity and liabilities | 15,197.64 | 13,083.04 |
Standalone Statement of Cash Flows (₹ in Million)
| Particulars | For the year ended March 31, 2026 | For the year ended March 31, 2025 |
|---|---|---|
| Audited | ||
| A. Cash flow from operating activities | ||
| Profit before tax | 1,779.23 | 1,174.20 |
| Depreciation and amortisation expense | 345.78 | 146.90 |
| Finance costs | 42.67 | 64.12 |
| Interest expense on lease liabilities | 10.63 | 12.22 |
| Profit on sale of property, plant and equipment, net | – | (0.08) |
| Gain on redemption of mutual funds | – | (0.08) |
| Net gain on termination of lease | – | (3.23) |
| Interest income | (367.66) | (235.69) |
| Employee share based compensation expenses | 22.29 | 92.60 |
| Interest on security deposit | (1.59) | (2.64) |
| Operating profit before working capital changes | 1,831.35 | 1,248.32 |
| Trade receivables | (1,190.31) | (402.78) |
| Inventories | (5.10) | 0.27 |
| Other financial assets | (63.75) | (12.40) |
| Other assets | (444.83) | (454.30) |
| Trade payables | 35.56 | 15.40 |
| Provision | 11.89 | 8.26 |
| Other financial liabilities | 99.44 | 23.94 |
| Other liabilities | 69.08 | 45.68 |
| Cash generated from operating activities | 343.33 | 472.39 |
| Income taxes paid (net of refund) | (406.52) | (273.90) |
| Net cash flow from / (used in) operating activities A | (63.19) | 198.49 |
| B. Cash flows from investing activities | ||
| Purchase of property, plant and equipment, intangible assets, intangibles under development including capital advance | (1,070.01) | (669.98) |
| Proceeds from sale of property, plant and equipment | – | 0.16 |
| Movement in other than cash and cash equivalents, net | 1,769.72 | (3,437.85) |
| Investment in subsidiary and associate | (716.13) | (549.41) |
| Advance towards purchase of investments | – | (361.36) |
| Investment in unquoted funds | (29.91) | (7.14) |
| Loan to subsidiary | (133.40) | (8.45) |
| Proceeds from redemption of mutual funds | – | 5.28 |
| Interest received | 360.94 | 167.39 |
| Net cash flow from / (used in) investing activities B | 181.21 | (4,861.36) |
| C. Cash flows from financing activities | ||
| Proceeds from issue of equity shares including security premium | 25.74 | 5,970.45 |
| Proceeds from issue of Share warrants | 149.99 | – |
| Share issue expenses | – | (217.61) |
| Repayment of long-term borrowings | – | (154.73) |
| (Repayment)/Proceeds-from short term borrowings (net) | 388.14 | (530.39) |
| Payment of lease liabilities | (38.84) | (28.00) |
| Payment of interest on lease liabilities | (10.63) | (12.22) |
| Finance cost paid | (42.67) | (64.12) |
| Net cash flow from financing activities C | 471.73 | 4,963.38 |
| Net increase in cash and cash equivalents A+B+C | 589.75 | 300.51 |
| Cash and cash equivalents at the beginning of the year | 379.91 | 79.40 |
| Cash and cash equivalents at the end of the year | 969.66 | 379.91 |
Consolidated Statement of Consolidated Financial Results for the Quarter and Year ended March 31, 2026 (₹ in Million)
| Sl. No | Particulars | Quarter ended 31-Mar-26 Audited (Refer Note 14) | Quarter ended 31-Dec-25 Unaudited | Quarter ended 31-Mar-25 Audited (Refer Note 14) | Year ended 31-Mar-26 Audited | Year ended 31-Mar-25 Audited |
|---|---|---|---|---|---|---|
| 1 | Revenue | |||||
| (a) Revenue from operations | 6,179.16 | 5,255.49 | 4,121.07 | 19,076.46 | 13,037.57 | |
| (b) Other income | 83.99 | 86.65 | 127.17 | 380.03 | 267.73 | |
| Total income | 6,263.15 | 5,342.14 | 4,248.24 | 19,456.49 | 13,305.30 | |
| 2 | Expenses | |||||
| (a) Cost of point redemption / gift cards | 3,658.13 | 2,826.03 | 2,216.19 | 10,519.80 | 6,798.00 | |
| (b) Employee benefits expense | 173.57 | 194.36 | 176.34 | 704.19 | 667.41 | |
| (c) Finance costs | 16.02 | 12.78 | 11.30 | 53.30 | 76.55 | |
| (d) Depreciation and amortisation expense | 125.41 | 98.47 | 62.57 | 368.80 | 147.94 | |
| (e) Incentives and cash back | 1,521.20 | 1,417.32 | 1,083.60 | 5,052.64 | 3,598.72 | |
| (f) Other expenses | 242.89 | 296.15 | 285.81 | 950.31 | 833.34 | |
| Total expenses | 5,737.22 | 4,845.11 | 3,835.81 | 17,649.04 | 12,121.96 | |
| 3 | Profit before share of profit of an associate and tax | 525.93 | 497.03 | 412.43 | 1,807.45 | 1,183.34 |
| 4 | Share of profit of an associate | 18.71 | 0.36 | 0.36 | 44.12 | 0.83 |
| 5 | Profit before tax | 544.64 | 497.39 | 412.79 | 1,851.57 | 1,184.17 |
| 6 | Tax expense | |||||
| (a) Current tax | 139.79 | 128.36 | 88.49 | 471.24 | 278.58 | |
| (b) Deferred tax charge / (credit) | (1.18) | (1.59) | 13.04 | (7.22) | 26.61 | |
| Total tax expense | 138.61 | 126.77 | 101.53 | 464.02 | 305.19 | |
| 7 | Profit for the period / year | 406.03 | 370.62 | 311.26 | 1,387.55 | 878.98 |
| Attributable to: Owners of the Company | 406.04 | 363.89 | 311.39 | 1,380.83 | 879.19 | |
| Attributable |