Zaggle Prepaid Ocean Services Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹198.38Overvalued by 19.36%vs CMP ₹246.00

P/E (26.0) × ROE (9.6%) × BV (₹97.40) × DY (2.00%)

₹116.89Overvalued by 52.48%vs CMP ₹246.00
MoS: -110.5% (Negative)Confidence: 63/100 (Moderate)Models: 1 Under, 8 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹107.0822%Over (-56.5%)
Graham NumberEarnings₹144.0616%Over (-41.4%)
Earnings PowerEarnings₹28.4811%Over (-88.4%)
DCFCash Flow₹92.1913%Over (-62.5%)
Net Asset ValueAssets₹97.527%Over (-60.4%)
EV/EBITDAEnterprise₹95.739%Over (-61.1%)
Earnings YieldEarnings₹94.707%Over (-61.5%)
ROCE CapitalReturns₹301.929%Under (+22.7%)
Revenue MultipleRevenue₹97.075%Over (-60.5%)
Consensus (9 models)₹116.89100%Overvalued
Key Drivers: EPS CAGR -46.0% drags value — could be higher if earnings stabilize. | Wide model spread (₹28–₹302) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -46.0%

*Investments are subject to market risks

Analyst Summary

Zaggle Prepaid Ocean Services Ltd operates in the IT Enabled Services segment, NSE: ZAGGLE | BSE: 543985, current market price is ₹246.00, market cap is 3,302 Cr.. At a glance, stock P/E is 26.0, ROE is 9.60 %, ROCE is 13.0 %, book value is 97.4, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹116.89, around 52.5% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹1,303 Cr versus the prior period change of 67.9%, while latest net profit is about ₹87 Cr with a prior-period change of 97.7%. The 52-week range shown on this page is 470/186, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisZaggle Prepaid Ocean Services Ltd. is a Public Limited Listed company incorporated on 02/06/2011 and has its registered office in the State of Telangana, India. Company's Corporate Identification Numb…

This summary is generated from the stock page data available for Zaggle Prepaid Ocean Services Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

58
Zaggle Prepaid Ocean Services Ltd scores 58/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health60/100 · Moderate
ROCE 13.0% GoodROE 9.6% AverageD/E 2.48 High debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money40/100 · Moderate
FII holding stable No changeDII holding down 5.51% MF sellingPromoter holding at 44.1% Stable
Earnings Quality40/100 · Moderate
OPM contracting (13% → 9%) Declining
Quarterly Momentum90/100 · Strong
Revenue (4Q): +44% YoY AcceleratingProfit (4Q): +69% YoY Strong
Industry Rank50/100 · Moderate
P/E 26.0 vs industry 27.8 In-lineROCE 13.0% vs industry 19.2% AverageROE 9.6% vs industry 20.3% Below peers3Y sales CAGR: 52% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: May 5, 2026, 2:05 am

Market Cap 3,302 Cr.
Current Price 246
Intrinsic Value₹117.72
High / Low 470/186
Stock P/E26.0
Book Value 97.4
Dividend Yield0.00 %
ROCE13.0 %
ROE9.60 %
Face Value 1.00
PEG Ratio-0.56

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Zaggle Prepaid Ocean Services Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Zaggle Prepaid Ocean Services Ltd 3,302 Cr. 246 470/18626.0 97.40.00 %13.0 %9.60 % 1.00
Route Mobile Ltd 3,440 Cr. 545 1,160/41111.1 4012.02 %17.7 %14.5 % 10.0
eMudhra Ltd 4,122 Cr. 498 842/36540.1 98.20.25 %15.3 %12.1 % 5.00
Hinduja Global Solutions Ltd 1,920 Cr. 413 629/342 1,7120.00 %3.01 %1.60 % 10.0
BLS E-Services Ltd 1,824 Cr. 201 233/12432.6 55.50.50 %15.8 %11.0 % 10.0
Industry Average6,415.20 Cr504.5127.78178.810.51%19.21%20.30%7.41

All Competitor Stocks of Zaggle Prepaid Ocean Services Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 148187118184200273252303336411331431498
Expenses 140169111169179246230276307375301387447
Operating Profit 718815202722272937314451
OPM % 5%9%7%8%10%10%9%9%9%9%9%10%10%
Other Income -011145544131298
Interest 3643242221111
Depreciation 13222222467710
Profit before tax 310310212623262742354448
Tax % 46%25%31%24%27%26%27%28%24%24%25%25%25%
Net Profit 1828151917192032263336
EPS in Rs 0.160.820.220.621.251.561.371.511.512.381.932.482.68

Last Updated: March 3, 2026, 1:42 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 12:46 pm

MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 682403715537761,3031,672
Expenses 572123115057051,1871,509
Operating Profit 1128604871115162
OPM % 16%12%16%9%9%9%10%
Other Income 0001112542
Interest 587111485
Depreciation 222681530
Profit before tax 518513260117169
Tax % 22%-6%18%28%26%26%
Net Profit 41942234487127
EPS in Rs 206.671,073.892,328.892.483.596.529.47
Dividend Payout % 0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)375.00%121.05%-45.24%91.30%97.73%
Change in YoY Net Profit Growth (%)0.00%-253.95%-166.29%136.54%6.42%

Zaggle Prepaid Ocean Services Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2020-2021 to 2024-2025.

Growth

Last Updated: September 5, 2025, 1:56 pm

Balance Sheet

Last Updated: December 4, 2025, 2:15 am

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 0.180.180.189121313
Reserves -65-46-4405631,2341,296
Borrowings 717370141871615
Other Liabilities 43352645344450
Total Liabilities 4962932356961,3081,373
Fixed Assets 87122923104153
CWIP 0021150220
Investments 00022682107
Other Assets 4155791935971,1011,113
Total Assets 4962932356961,3081,373

Reserves and Borrowings Chart

Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -20320-16-8320
Cash from Investing Activity + -4-1-10-18-332-486
Cash from Financing Activity + 27-6-1253403496
Net Cash Flow 3-3-219-1230
Free Cash Flow -24213-32-129-47
CFO/OP -164%25%43%-25%-104%41%

Free Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-60.00-45.00-10.00-93.00-16.0099.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 853442688260
Inventory Days
Days Payable
Cash Conversion Cycle 853442688260
Working Capital Days -139-51162310098
ROCE %154%124%33%17%13%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 44.07%44.07%43.93%43.93%43.88%40.09%44.21%44.20%44.20%44.13%
FIIs 15.60%13.03%11.70%5.95%6.14%9.17%8.44%8.50%8.64%7.61%
DIIs 8.54%6.56%4.57%5.44%10.69%14.56%13.26%10.64%8.63%7.75%
Public 31.80%36.34%39.82%44.68%39.27%36.17%34.09%36.64%38.53%40.50%
No. of Shareholders 21,41629,32346,56767,62075,10091,3111,06,6631,08,8211,12,4931,15,806

Shareholding Pattern Chart

No. of Shareholders

Zaggle Prepaid Ocean Services Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Bank of India Flexi Cap Fund 916,699 0.95 20.86N/AN/AN/A
Bank of India Small Cap Fund 702,001 0.84 15.97N/AN/AN/A
Bank of India ELSS Tax Saver 560,000 0.92 12.74N/AN/AN/A
Bank of India Mid & Small Cap Equity & Debt Fund 494,802 0.83 11.26N/AN/AN/A
ITI ELSS Tax Saver Fund 223,051 1.22 5.08N/AN/AN/A
Bank of India Large & Mid Cap Fund 87,698 0.44 2102,6982026-02-23 04:05:00-14.61%
Bank of India Mid Cap Tax Fund Series 2 14,438 1.07 0.33N/AN/AN/A
Bank of India Conservative Hybrid Fund 4,634 0.16 0.1N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23
FaceValue 1.001.001.00
Basic EPS (Rs.) 6.994.062.48
Diluted EPS (Rs.) 6.994.062.46
Cash EPS (Rs.) 7.654.283.16
Book Value[Excl.RevalReserv]/Share (Rs.) 92.9946.975.29
Book Value[Incl.RevalReserv]/Share (Rs.) 92.9946.975.29
Revenue From Operations / Share (Rs.) 97.1463.3260.02
PBDIT / Share (Rs.) 10.496.685.34
PBIT / Share (Rs.) 9.396.004.66
PBT / Share (Rs.) 8.824.883.43
Net Profit / Share (Rs.) 6.543.592.48
NP After MI And SOA / Share (Rs.) 6.553.592.48
PBDIT Margin (%) 10.7910.558.89
PBIT Margin (%) 9.669.477.77
PBT Margin (%) 9.077.705.71
Net Profit Margin (%) 6.735.674.13
NP After MI And SOA Margin (%) 6.745.674.13
Return on Networth / Equity (%) 7.047.6546.97
Return on Capital Employeed (%) 9.9712.2236.73
Return On Assets (%) 6.686.329.75
Long Term Debt / Equity (X) 0.000.021.05
Total Debt / Equity (X) 0.010.122.48
Asset Turnover Ratio (%) 1.301.670.00
Current Ratio (X) 20.066.181.49
Quick Ratio (X) 20.056.181.49
Inventory Turnover Ratio (X) 3784.490.000.00
Interest Coverage Ratio (X) 18.395.974.33
Interest Coverage Ratio (Post Tax) (X) 12.474.213.01
Enterprise Value (Cr.) 4188.423315.270.00
EV / Net Operating Revenue (X) 3.214.270.00
EV / EBITDA (X) 29.7540.500.00
MarketCap / Net Operating Revenue (X) 3.714.540.00
Price / BV (X) 3.876.120.00
Price / Net Operating Revenue (X) 3.714.540.00
EarningsYield 0.010.010.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Zaggle Prepaid Ocean Services Ltd. is a Public Limited Listed company incorporated on 02/06/2011 and has its registered office in the State of Telangana, India. Company's Corporate Identification Number(CIN) is U65999TG2011PLC074795 and registration number is 074795. Currently Company is involved in the business activities of Other support services to organizations. Company's Total Operating Revenue is Rs. 1302.65 Cr. and Equity Capital is Rs. 13.42 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
IT Enabled Services15th Floor � Western Block, Vamasiram � Suvarna Durga Tech Ranga Reddy District Telangana 500032Contact not found
Management
NamePosition Held
Dr. Raj P NarayanamExecutive Chairman
Mr. Avinash Ramesh GodkhindiManaging Director & CEO
Mr. Virat Sunil DiwanjiNon Executive Director
Mr. Aravamudan Krishna KumarIndependent Director
Mr. Abhay Deshpande RaosahebIndependent Director
Ms. Prerna TandonIndependent Director
Mr. Arun Vijaykumar GuptaIndependent Director

FAQ

What is the intrinsic value of Zaggle Prepaid Ocean Services Ltd and is it undervalued?

As of 05 May 2026, Zaggle Prepaid Ocean Services Ltd's intrinsic value is ₹116.89, which is 52.48% lower than the current market price of ₹246.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (9.60 %), book value (₹97.4), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Zaggle Prepaid Ocean Services Ltd?

Zaggle Prepaid Ocean Services Ltd is trading at ₹246.00 as of 05 May 2026, with a FY2026-2027 high of ₹470 and low of ₹186. The stock is currently near its 52-week low. Market cap stands at ₹3,302 Cr..

How does Zaggle Prepaid Ocean Services Ltd's P/E ratio compare to its industry?

Zaggle Prepaid Ocean Services Ltd has a P/E ratio of 26.0, which is below the industry average of 27.78. This is broadly in line with or below the industry average.

Is Zaggle Prepaid Ocean Services Ltd financially healthy?

Key indicators for Zaggle Prepaid Ocean Services Ltd: ROCE of 13.0 % is moderate. Dividend yield is 0.00 %.

Is Zaggle Prepaid Ocean Services Ltd profitable and how is the profit trend?

Zaggle Prepaid Ocean Services Ltd reported a net profit of ₹87 Cr in Mar 2025 on revenue of ₹1,303 Cr. Compared to ₹42 Cr in Mar 2022, the net profit shows an improving trend.

Does Zaggle Prepaid Ocean Services Ltd pay dividends?

Zaggle Prepaid Ocean Services Ltd has a dividend yield of 0.00 % at the current price of ₹246.00. The company is currently not paying meaningful dividends.

Last Updated: May 5, 2026, 2:05 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 543985 | NSE: ZAGGLE
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Zaggle Prepaid Ocean Services Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE