Zaggle reports Rs 19,076 million revenue for FY26 with 46.3% growth

Kinjal — Wed, 13 May 2026 11:31:17 +0000

Zaggle Prepaid Ocean Services Limited, a prominent SaaS fintech company, has announced its audited financial results for the quarter and year ended March 31, 2026, showcasing a robust performance. The company reported a significant increase in revenue and profitability for the third consecutive quarter.

For the financial year 2026, Zaggle achieved a revenue of ₹19,076.5 million, marking a 46.3% year-on-year growth. The adjusted EBITDA for the year was ₹1,915.9 million, reflecting a 51.0% increase compared to the previous year. Profit after tax (PAT) also saw a substantial rise, reaching ₹1,387.5 million, a 51.8% growth year-on-year.

In the fourth quarter of FY26, Zaggle recorded revenue from operations amounting to ₹6,179.2 million, which represents a 49.9% increase year-on-year and a 17.6% rise quarter-on-quarter. The adjusted EBITDA for the quarter was ₹604.6 million, a 62.4% increase from the same period last year. The company’s PAT for the quarter stood at ₹406.0 million, a 30.4% growth year-on-year.

Raj P Narayanam, Founder and Executive Chairman of Zaggle, attributed the strong performance to strategic initiatives undertaken during the year. These include the completion of acquisitions of Greenedge Enterprises and Rivpe Technology, rebranded as Zagg.Money, and the entry into the consumer retail credit card market. Additionally, the establishment of Zaggle Payments IFSC Ltd in GIFT City aims to bolster the company’s global cross-border payments and financial services.

Looking forward, Zaggle projects a standalone revenue growth of 25–30% and consolidated revenue growth of around 40% for FY27. The company plans to focus on AI-first product development, expansion into MENA and US markets, and deeper monetisation across its strategic pillars.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Zagg.Money | Business Upturn

Zaggle reports Rs 19,076 million revenue for FY26 with 46.3% growth