Zaggle Prepaid Ocean Services Limited , a leading SaaS fintech player specializing in spend management solutions, has reported a robust financial performance for the second quarter of fiscal year 2026, marking significant growth across key metrics.

Financial Highlights

For the quarter ended September 30, 2025, Zaggle reported:

The company's revenue growth was primarily driven by the addition of new clients, an increase in user numbers, and successful cross-sell initiatives.

Strategic Developments

Zaggle has made significant strides in expanding its product portfolio and market presence:

1. New Product Launches: The company introduced two new products in its cards segment:

   • Zaggle GlobalPay Forex Card
   • Zaggle × Mastercard Prepaid Card

2. Retail Card Segment Entry: Zaggle has partnered with AU Small Finance Bank to enter the retail card segment, broadening its customer offerings and strengthening its position in the retail payments space.

3. Expanded Banking Partnerships: The company has added Standard Chartered Bank, AU Small Finance Bank, and Suryoday Small Finance Bank to its network of banking partners.

4. Diversified Payment Methods: Zaggle now offers multiple payment methods, including Commercial credit cards, Prepaid cards, Retail cards, and UPI.

Corporate Actions

The Board of Directors has approved a proposal to issue 10,58,201 convertible warrants to certain promoter and non-promoter entities on a preferential basis at ₹567 per warrant, aggregating to approximately ₹600 million. This proposal was subsequently approved by shareholders at an Extraordinary General Meeting on October 31, 2025.

Management Commentary

Raj P Narayanam, Founder and Executive Chairman of Zaggle Prepaid Ocean Services Limited, stated, "We continue to deliver upon our guidance, and our current results are no exception, where we delivered our best-ever half-yearly and quarterly performance across parameters."

He added, "In light of our strong performance and sustained momentum across all business segments, we have recently upgraded our revenue growth guidance to 40-45% while our EBITDA guidance continues to remain in the range of 10-11%."

Future Outlook

With its expanded ecosystem of banking and network partners, Zaggle is poised to create new synergies and drive further growth across business lines. The company's entry into the retail card segment and its continued product innovation are expected to contribute to its growth trajectory in the coming quarters.

Investors and market watchers will be keen to observe how Zaggle leverages its expanded partnerships and new product offerings to maintain its growth momentum in the competitive fintech landscape.

Zaggle Prepaid Ocean Services Limited , a prominent player in the fintech sector, has scheduled an earnings conference call to discuss its financial performance for the second quarter and first half of the fiscal year 2026. The call is set to take place on November 11, 2025, at 5:30 PM IST.

Key Details

Participating Executives

The call will feature key members of Zaggle's leadership team:

Participation Details

For those interested in joining the earnings call, Zaggle has provided multiple options:

1. Pre-registration: Participants can pre-register for the call through a provided link.
2. Universal Dial-in: +91 22 6280 1309 or +91 22 7115 8210
3. International Dial-in:
   • UK: 08081011573
   • Hong Kong: 800964448
   • USA: 18667462133
   • Singapore: 8001012045

Investor Relations Contact

For any queries or additional information, interested parties can reach out to:

• Shikha Puri / Srushti Pathak
• Strategic Growth Advisors Pvt. Ltd.
• Contact: +91 98192 82743 / +91 8308245280

This earnings call presents an opportunity for investors, analysts, and stakeholders to gain insights into Zaggle's recent performance and future outlook. As the company continues to navigate the dynamic fintech landscape, this discussion may provide valuable information on its strategies, challenges, and growth prospects in the evolving market.