Zaggle Prepa Ocean SER L

Zaggle Prepa Ocean Ser L (ZAGGLE) is a micro-cap Information Technology company valued at ₹2,280 crore operating in IT Enabled Services on the NSE and BSE.

Recent price move

Zaggle Prepa Ocean Ser L last traded at ₹170, modestly up 0.47% on the day.

Recent developments

On 2026-09-28, the company announced plans for expansion through its Zoyer platform, which is expected to contribute 45-50% of revenue as enterprise adoption increases following a deal with Bandhan AMC.

Financial performance

The company's business is improving, with annual revenue rising 46.4% and annual net profit growing 59.5%. However, the latest quarter shows a decline in net profit, which fell 32.6% compared to the same quarter a year earlier, while revenue rose 27.9%.

Valuation multiples

The stock trades at 16.5 times earnings, a discount to the Information Technology median of 20.7, 1.66 times book value.

Things to watch

The company's net profit fell 32.6% in the latest quarter compared to the same quarter a year earlier. The stock is 57.6% below its 52-week high. Promoter shares pledged account for 1.61% of promoter holding.

Where it stands

Zaggle has shown strong growth in both revenue and net profit over the past few years, but the latest quarter's net profit decline is a concern. The stock is significantly below its 52-week high, and promoter shares pledged indicate some liquidity pressure.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.