Zaggle Prepaid Ocean Services Limited · NSE:ZAGGLE
Zaggle Prepaid Ocean Services — Q4 FY25 Earnings Presentation
32 slides from Zaggle Prepaid Ocean Services's earnings presentation, May 2025
Slide 1: Investor Presentation Q4 and FY25
Investor Presentation Zaggle Prepaid Ocean Services Limited Q4 and FY25 1
Slide 2: Safe harbor
Safe harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Zaggle Prepaid Ocean Services Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 3: From the Founder's desk
From the Founder’s desk… “This year has been exceptional with our highest yearly performance ever. FY25 revenues have surpassed our guidance, crossing the INR 13,000 million mark and achieving a 68.0% year-on-year growth. Also, our PAT at INR 874.8 Mn was almost double that of last year. This combin
Slide 4: Performance Highlights
@ Zaggle® Performance Highlights
Slide 5: Highest ever performance across metrices
Highest ever performance across metrices ₹ 4,114.5 Mn ₹ 379.3 Mn ₹ 319.6 Mn ₹ 394.1 Mn Q4 FY25 YoY + 50.5% YoY + 39.6% YoY + 66.8% YoY + 85.5% ₹ 13,026.5 Mn ₹ 1,244.9 Mn ₹ 874.8 Mn ₹ 1,114.3 Mn FY25 YoY + 68.0% YoY + 45.5% YoY + 98.7% YoY +65.4% Revenue from Adjusted EBITDA PAT Cash PAT operations (
Slide 6: Quarterly financial highlights
Quarterly financial highlights Revenue from operations (₹ Mn) Gross Profit (₹ Mn) 68.0% 57.8% 50.5% 13,026 17.6% 6,228 4,114 1,898 7,756 1,615 3,947 2,734 Q4FY24 Q4FY25 FY24 FY25 Q4FY24 Q4FY25 FY24 FY25 Adjusted EBITDA (₹ Mn) Reported EBITDA (₹ Mn)* Cash PAT (₹ Mn) 45.5% PAT + Depreciation & Amortiz
Slide 7: Key operational performance indicators
Key operational performance indicators Total customers catered to (number) Aggregate users on the platform (million) 14.6% 20.1% 3,455 3.28 3,016 2.73 KPIs FY24 FY25 FY24 FY25 Software Fees Program fees Propel platform revenue 70.8% 69.5% 7,218 12.5% 5,456 Revenue Mix 352 4,225 91.4% (₹ Mn) 312 3,21
Slide 8: Profit and loss statement (standalone)
Profit and loss statement (standalone) Particulars (₹ Million, unless stated otherwise) Q4FY25 Q4FY24 YoY Q3FY25 QoQ FY25 FY24 YoY Q4FY25 – Key Highlights Revenue from operations: 4,114.5 2,733.7 50.5% 3,364.4 22.3% 13,026.5 7,756.0 68.0% Highest ever quarterly and yearly ended Cost of point redem
Slide 9: Balance sheet (standalone)
Balance sheet (standalone) Particulars (Rs. in Millions) March 31, 2025 March 31, 2024 Particulars (Rs. in Millions) March 31, 2025 March 31, 2024 ASSETS EQUITY AND LIABILITIES Non-current assets EQUITY Property, plant and equipment 396.83 25.32 Equity share capital 134.21 122.49 FY25 – Key Highligh
Slide 10: Quarterly revenue contribution
Quarterly revenue contribution Sample box Q3 & Q4 are higher revenue quarters in the business Contribution to annual 16.0% 23.5% 26.7% 33.8% 15.3% 23.8% 25.7% 35.2% 19.4% 23.2% 25.8% 31.6% revenues 4,114 3,364 Revenue from 3,026 operations 2,734 (₹ Mn) 2,522 1,995 1,869 1,842 1,476 1,303 1,185 886 Q
Slide 11: Strategic Alliances
Strategic Alliances Contract brief Duration Gujarat International Finance Tec-City ► Zaggle shall provide the solutions of CoBrand Pre-Paid Citizen Card and Visitor Management 5 Years Company system for GIFTCL Google / Redington ► Zaggle will be the authorized reseller & program manager for Google S
Slide 12: Recent customers wins for growth
Recent customers wins for growth Contract brief Duration Indus Towers ► Zaggle would provide Indus Towers Limited the Zaggle Save (Employee expense management Perpetual & benefits) Tech Mahindra ► Zaggle would provide Tech Mahindra the Zaggle Zatix platform backed by a credit card 1 Year offering. T
Slide 13: What we do
aggle” What we do
Slide 14: Zaggle: #1 Spend Management company in India
Zaggle: #1 Spend Management company in India What we have built SaaS Fintech 3,400+ 3.2 Mn+ Corporates Users ` Sales Commission ( < 1.5% Churn) Channel Management Sales Sales Fleet 50 Mn+ Partner / Corporate Cards issued Spends Need #1 Prepaid Card Multilingual GDPR Products are issuer in country in
Slide 15: Monetization with strong network effect
… with strong network effect Key Partners Banking Network Partners VAS Banking licenses & Pmt. instrument Resell Zaggle Key customers Comprehensive Monetization Sell software Monetize GTV Corporates - SaaS fees Users / deals Partners - Program fees Corporates Merchants User base Software / users mon
Slide 16: Omni Channel Offerings
Omni Channel Offerings Offering a combination of payment instruments, mobile application and API integrations Co – Branded Zaggle App to Cards Manage Spends with Banks Omni Channel Multiple Banks Offerings Dashboard to & network manage partners reporting & analytics Note: The Brand Names and Logos m
Slide 17: Innovative Product Offerings
Innovative Product Offerings Comprehensive suite of products for a large & growing addressable market Rewards & recognition platform Channel rewards and Employee expense incentives management & benefits Employee rewards and Expense Management recognition Embedded-finance Employee Reimbursements Inte
Slide 18: Supercharging Channel Partner Performance
– Supercharging Channel Partner Performance Key Features Seamless Partner Onboarding Scheme Management Campaign Management - QR Scan & Earn, Scratch & Win Metric-Based Incentive Computation Lead Management Leaderboards and Achievements Payments / Redemption Solutions Revenue Streams Automated Claim
Slide 19: Digitize Employee Expense, Reimbursements & Benefits
– Digitize Employee Expense, Reimbursements & Benefits Key Features Automatic Expense Reporting Mobile-First Experience (Intuitive App with Smart OCR) Seamless Transaction Reconciliation against Scanned Receipts Set Up Policies & Limits Easily Consolidated Statement for the Admin and Individual stat
Slide 20: Digitized Vendor Procure-to-Pay Solutions
– Digitized Vendor Procure-to-Pay Solutions Key Features Seamless Petty Cash Management Through The Mobile App & Corporate Credit/Prepaid Card Consolidated Statement for The Admin and Individual Statement for Every User Multiple Billing Cycles to Match Corporate Expense Management Requirements Contr
Slide 21: Recent innovations
Recent innovations Zaggle Fleet Management International Payments (ZIP) Intelligent Spend Analytics Platform Managing Fleet Expenses Efficiently Simplifying Global Transactions Newly launched analytics platform, designed to Fleet program offers a spend management ZIP ensures seamless international p
Slide 22: Inorganic initiatives to strengthen the business portfolio
Inorganic initiatives to strengthen the business portfolio Overview Transaction Details One of the largest income tax and e-filing companies specializing in digital solutions for tax and accounting. Operates under the brand “TaxSpanner” Stake: 98.3% Span Across IT ► This transaction strengthens Zagg
Slide 23: Seasoned management team and board (1/2)
Seasoned management team and board (1/2) Leadership Dr. Raj P Narayanam Avinash Ramesh Godkhindi Founder and Executive Chairman Managing Director and CEO • Founded Zaggle in 2011 with a vision to simplify corporate • Leading Zaggle’s growth ; Served on the board of the company since spends 2012 • Ho
Slide 24: Seasoned management team and board (2/2)
Seasoned management team and board (2/2) Board of Directors Abhay Deshpande Raosaheb Independent Director • 20+ years of experience in Financial banking • Directorships: Rapidue Technologies, • Co-founder of Markjack which he exited post • PhD Economics and engineering from the Payswiff Technologies
Slide 25: Zaggle in a nutshell
Zaggle in a nutshell Seasoned management team Seasoned Multi-product SaaS based platform with a and board team strategy comprehensive product stack Robust Revenues from operations in FY25 Technology financial In-house technology with strong have grown y-o-y at 68.0% with a and metrics network effect
Slide 26: Historical financials
aggle” Historical financials
Slide 27: Historical financial and operating metrics
Historical financial and operating metrics Corporate customers Aggregate users (1) (Mn) Revenue from operations (₹ Mn) 3.28 13,026 3,455 3,016 2.73 2,411 2.27 7,756 1,753 1.72 5,535 1,092 0.90 3,713 2,400 FY2021 FY2022 FY2023 FY2024 FY2025 FY2021 FY2022 FY2023 FY2024 FY2025 FY2021 FY2022 FY2023 FY20
Slide 28: Historical profit and loss statement (standalone)
Historical profit and loss statement (standalone) Particulars (₹ Million, unless stated otherwise) FY25 FY24 FY23 FY22 FY21 Revenue from operations 13,026.5 7,756.0 5,534.6 3,712.5 2,399.7 Gross Profit 6,228.5 3,946.5 2,328.3 2,259.6 2,087.9 Gross Profit Margin 47.8% 50.9% 42.0% 60.8% 87.0% Employee
Slide 29: Historical balance sheet (standalone)
Historical balance sheet (standalone) Particulars (Rs. in Millions) 2025 2024 2023 2022 2021 Particulars (Rs. in Millions) 2025 2024 2023 2022 2021 ASSETS EQUITY AND LIABILITIES Non-current assets EQUITY Property, plant and equipment 396.83 25.32 23.5 19.8 9.5 Equity share capital 134.21 122.49 92.2
Slide 30: Annexure
Annexure 30 30
Slide 31: Key awards, accreditations and recognitions
Key awards, accreditations and recognitions Telangana Transformation Best Tech Award” at Employer Deloitte Brand Technology Fast Awards 50, 2024 INDIA 2024 International Startup Festival: Business Lifetime Achievement Award to BW Businessworld Festival of Awards 2025 organized by Dr. Raj P Narayanam
Slide 32: Thank you
Thank you Company Zaggle Prepaid Ocean Services Limited CIN: L65999TG2011PLC074795 Hari Priya, Company Secretary & Compliance Officer Email id: Investor.Relations@zaggle.in Investor Relations Advisor Strategic Growth Advisors Pvt Ltd. CIN: U74140MH2010PTC204285 Shikha Puri / Srushti Pathak Email id:
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