Key Highlights
- Zaggle Q4 FY26 revenue from operations rose 49.9% YoY to ₹617.9 crore.
- Q4 FY26 adjusted EBITDA increased 62.4% YoY to ₹60.5 crore.
- Q4 FY26 profit after tax climbed 30.4% YoY to ₹40.6 crore.
- FY26 revenue surged 46.3% YoY to ₹1,907.6 crore.
- FY26 PAT jumped 51.8% YoY to ₹138.8 crore.
- Company reported third consecutive quarter of record revenue and profitability.
Zaggle Prepaid Ocean Services Limited announced its audited financial results for the quarter and financial year ended March 31, 2026, reporting record revenue and profitability for the third consecutive quarter.
The SaaS fintech company reported consolidated revenue from operations of ₹617.9 crore in Q4 FY26, compared to ₹412.1 crore in Q4 FY25, reflecting a year-on-year growth of 49.9%. On a sequential basis, revenue increased 17.6% from ₹525.6 crore reported in Q3 FY26.
Adjusted EBITDA for the quarter stood at ₹60.5 crore, registering a growth of 62.4% year-on-year from ₹37.2 crore in the corresponding quarter last year. Reported EBITDA rose 67.5% YoY to ₹60.2 crore during the quarter.
Profit after tax for Q4 FY26 came in at ₹40.6 crore, up 30.4% from ₹31.1 crore reported in Q4 FY25. PAT also increased 9.6% sequentially from ₹37.1 crore in the previous quarter.
For the full financial year FY26, Zaggle reported revenue from operations of ₹1,907.6 crore, marking a 46.3% increase compared to ₹1,303.8 crore in FY25. Adjusted EBITDA for the year rose 51% to ₹191.6 crore, while reported EBITDA climbed 61% to ₹189.4 crore.
Annual profit after tax stood at ₹138.8 crore in FY26, compared to ₹91.4 crore in FY25, reflecting a growth of 51.8% year-on-year.
The company stated that it continued strengthening its long-term growth platform during the year through AI-led initiatives and acquisitions. Zaggle completed the acquisitions of Greenedge Enterprises and Rive Technology, which has been rebranded as Zagg.Money, to expand its product ecosystem and customer-facing capabilities.
During the year, the company also entered the consumer retail credit card market and established Zaggle Payments IFSC Ltd in GIFT City to support its international payments and financial services expansion plans.
Commenting on the performance, Raj P Narayanam, Founder and Executive Chairman of Zaggle Prepaid Ocean Services Limited, said the company delivered its strongest-ever quarterly and annual results, supported by sustained margin improvement and continued growth momentum.
The company projected standalone revenue growth of 25% to 30% and consolidated revenue growth of around 40% for FY27, driven by AI-first product development, expansion in MENA and US markets, and deeper monetisation across strategic business pillars.
Zaggle operates in the spend management segment and offers SaaS-based products including tax and payroll software. The company said it has issued more than 50 million prepaid cards in partnership with banking partners and serves over 3.9 million users.