Ashish Kacholia's Stock Rises 8% on Bullish FY27 Outlook; Invests Rs ~50 Crore in Subsidiary

Zaggle Prepaid Ocean Services Ltd's share price surged over 8 per cent on Thursday after the company announced an upbeat outlook for FY27, signalling strong growth momentum across its business segments.

FY27 Revenue Guidance

Building on its recent performance, Zaggle has projected solid growth for the financial year 2027. The company expects:

• Standalone revenue growth in the range: 25-30 per cent
• Consolidated revenue growth: 40 per cent

This guidance reflects confidence in its business model, supported by increasing demand across its product and service segments.

Strategic Focus Areas

Zaggle’s roadmap for FY27 is centred around three key priorities:

1. Optimising working capital cycles -
   The company aims to enhance cash flow efficiency by tightening its working capital management, ensuring stronger liquidity and financial stability.
2. Driving revenue growth -
   Growth will be fuelled through a dual strategy of acquiring new customers while maximising value from its existing client base via cross-selling initiatives.
3. Expanding margins -
   Zaggle plans to improve profitability by leveraging operating efficiencies and integrating AI-driven solutions to streamline processes and reduce costs.

Investment in Subsidiary

In a parallel development, Zaggle has invested Rs 49.99 crore in Rivpe Technology Private Ltd (RTPL). The investment was executed through a rights issue, with RTPL allotting 3,42,147 equity shares of face value Rs 10 each to the company.

Importantly, this transaction does not alter Zaggle’s ownership structure, as RTPL will continue to operate as a wholly owned subsidiary.

About Zaggle Prepaid Ocean Services Ltd

Zaggle Prepaid Ocean Services Ltd was incorporated in 2011 and operates in the spend management space. It provides financial technology solutions to businesses and their customers. The company follows a business-to-business-to-customer (B2B2C) model.

Zaggle offers a wide range of products, including prepaid cards and SaaS-based software. Its portfolio includes tools for Tax, payroll, and expense management. The company has issued over 50 million prepaid cards in partnership with Banking partners. It has also served more than 3.7 million users as of December 31, 2025.

Zaggle Prepaid Ocean Services Ltd Share Price Performance

Zaggle Prepaid Ocean Services Ltd's share price surged 8.01 per cent on Thursday following the announcement. The share closed at Rs 234.92, up Rs 17.43 from its previous close. During the day, the share touched an Intraday high of Rs 239.30 and a low of Rs 212.00.

However, despite the recent rise, the stock remains under pressure. It is down 32.43 per cent year-to-date and has declined 34.42 per cent over the past year.

Disclaimer: The article is for informational purposes only and not investment advice.