Zaggle Prepaid Ocean Services Ltd - 543985 - General- Receipt Of Award
In terms of Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform you that the Company has received an award for "Pride of Telangana" Achiever "Start up Category 2024" by Round Table India and Ratnadeep. Zaggle Prepaid Ocean Services Ltd - 543985 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to Regulation 24A(2) of SEBI (LODR) Regulations, 2015, we are enclosing herewith Secretarial Compliance Report for the year ended on March 31, 2024 . Zaggle Q4 net profit jumps 1.5 times to 19 crore
Zaggle's Q4 revenue grows 40% to 273 crore; FY24 net profit surges 92% to 44 crore Zaggle Prepaid Ocean Services Ltd - 543985 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we are enclosing the detail with regard to demand notice under the Section 156 of Income Tax Act 1961 received from the Income Tax Department, Ministry of Finance, Government of India for the assessment year 2022-23. Zaggle Prepaid Ocean Services Ltd - 543985 - Appointment Of Internal Auditor
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 we wish to inform you that the Board of Directors of the Company at its meeting held on Thursday May 23, 2024 has appointed M/s. R Y M AND CO LLP, Charted Accountants, as the Internal Auditor of the Company for the financial year 2024-25. Zaggle Prepaid Ocean Services Ltd - 543985 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to provisions of Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we are enclosing herewith copies of newspaper advertisement of financial results of the Company for the quarter and year ended March 31, 2024 as published in Financial Express and Prajasakti on Friday May 24, 2024.
Zaggle Q4 Result: Net Profit Jumps To Rs 19 Crore
Zaggle's Q4 net profit skyrockets to Rs 19.15 crore, more than doubling from the previous year, with operating revenue rising 46% to Rs 273.37 crore. Zaggle Prepaid Ocean Services Ltd - 543985 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 and further to our letter dated May 17, 2024, please note that the audio recording of the earnings call on the operational and financial performance of the Company for the quarter and financial year ended on March 31, 2024, at 5.00 PM (IST), has been uploaded on our website. Q4FY24 Quarterly & FY24 Annual Result Announced for Zaggle Prepaid Ocean Services Ltd.
IT Software Products company Zaggle Prepaid Ocean Services announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Highest-ever quarterly revenue, marking the highest quarterly revenue from SaaS, Program Fees and Propel Revenue Highest ever quarterly EBITDA and PAT The increase in Incentive and cash back is attributed to the increase in revenue and market push for Zoyer The revenue contribution from Zoyer has experienced significant growth During the year the debt reduced from Rs 1,210 million to Rs 736 million. This led to a reduction in Finance costs on YoY basis. However, on a sequential basis the increase is due to fees paid on the prepayment of debt The increase in other income stems from higher interest income on increased cash/ bank balances post IPO FY24 Financial Highlights: Highest ever annual performance in terms of revenue and profitability metrics Customer base expansion with ~620+ new corporates including marquee names such as Wipro, Bennett Coleman, Emcure Pharmaceuticals etc. Onboarded high quality bank partners – SBI, ICICI Bank, Kotak Mahindra bank, Axis Bank, etc. This assists in enhancing the reach and maximise opportunities for growth. Commenting on the performance Raj P Narayanam, Founder and Executive Chairman, Zaggle Prepaid Ocean Services Limited said, “In FY24 and Q4FY24 we set new record in terms of revenue from SaaS fees, Program Fees and Propel Points. This led to our highest ever performance across key profitability metrics during these periods. In FY24, our revenue growth was 40.1% with an Adjusted EBITDA Margin (before ESOP expense) of 36.9%, successfully fulfilling our guidance. During the quarter, we had a 46.0% YoY growth in revenues and a 12.7% YoY growth in Adjusted EBITDA (before ESOP expenses). Our track record of consistent financial performance over the years continues to be strong. At Zaggle, we are pleased about our recent strategic alliance with Span Across IT Solutions as now we will be able to offer Taxation and Financial wellness solutions to our customers. Further, some of our recent noteworthy developments include onboarding Axis Bank to our bouquet of bank partners and our contract with EaseMyTrip & Riya Travels to offer bundled Expense and travel solutions to our customers. We doubled our revenue over the last 3 years and are poised to double our revenue over the next 2 years through organic growth. Our expectation of revenue growth for this fiscal year is to the tune of 45%-55%. We are focused on garnering more market share and making significant investments in technology, specifically building deeper AI capabilities to cater to the massive demand for Spend management solutions. We intend to pursue inorganic growth opportunities through mergers and acquisitions. Additionally, we plan to expand geographically into the US markets as part of our growth strategy. The opportunity for Zaggle to shape the future of spend management in India is enormous. With a broad array of solutions, we are well-positioned to truly digitize Corporate India’s spends. We see abundant opportunities ahead and remain optimistic about the upcoming quarters.” Result PDF Zaggle Prepaid Ocean Services Ltd - 543985 - Announcement under Regulation 30 (LODR)-Investor Presentation
Pursuant to Regulation 30 of SEBI(LODR) Regulations, 2015, we are enclosing herewith Investor Presentation for the quarter and year ended on March 31, 2024