Zaggle Prepaid Ocean Services Ltd — earnings calls

Zaggle reported Q1 FY27 consolidated revenue of Rs 423 crore, up 28% year-on-year, while adjusted EBITDA margin declined to around 8.2% from 10.1% a year earlier due to costs related to the DICE acquisition, capitalization policy changes, annual employee increments, and the Zagg.Money acquisition. Management said DICE-related revenue would only begin from Q2 FY27 even though associated costs were already recognized in Q1. The company also detailed performance across subsidiaries including 86400, GreenEdge, TaxSpanner, and Zagg.Money, and outlined a new investment in Unobanc and plans for an ADGM subsidiary in the UAE.

Zaggle reported Q4 FY26 standalone revenue of about INR593 crores, up around 44% year-on-year, with adjusted EBITDA of INR55 crores and PAT of around INR38 crores. For FY26, consolidated revenue reached INR1,908 crores, up around 46%, with consolidated PAT of around INR139 crores. Management discussed the DICE asset purchase, the GreenEdge and Rio.Money (Zagg.money) acquisitions, and gave FY27 revenue guidance while deferring EBITDA guidance pending integration.