Information TechnologySmall capRs 2,473 crRs 26.6 cr traded a day
Close on 10 September 2026
183.93
+3.88%
52-week range10% of the way up
160.48401.35
Market cap
2,473 cr
P/E (TTM)
21.5×
industry 25×
EPS (TTM)
8.55
Revenue YoY
+67.8%
Q1 FY27
Profit YoY
+4.7%
Net margin
4.1%
-2.5pt vs a year ago
Growth trend
-58.2pt
vs last quarter’s YoY
1 month
-8.8%
Below 52w high
118.2%
RSI (14)
30
oversold
Daily swing
3.5%
average true range
Volume
0.4×
vs 20-day average
Traded
Rs 27 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
Key metrics
each ranked against every stock scanned tonight
Above the 200-day average
Bottom of the universe
-24.3%
One-year return
Bottom of the universe
-48.2%
Return on capital employed
Below the median
10.5%
Debt to equity
Above the median
0.03×
Profitable quarters, last four
of the last four reported
4 of 4
Cash conversion
cash from operations against reported profit
-45%
Revenue growth, year on year
latest reported quarter
+67.8%
Below the 52-week high
from the highest close of the year
-54.2%
1 week
+0.71%
1 month
−8.81%
3 months
−13.19%
6 months
−16.43%
1 year
−48.24%
The read
written from the numbers on this page
The evidence leans negative3 supporting, 5 against, 2 worth knowing
Supporting
matches profit on paper, not in cash, which has beaten the market by +1.99 points over 20 sessions across 3,884 past signals
4 of the scans it matches have a positive measured record
revenue grew 68% year on year in the quarter ending 30 June 2026
Against
trading 24% below its 200-day average
at 10% of its 52-week range — nearly everyone who bought in the past year is underwater
down 48% over twelve months
1 of the scans it matches has historically underperformed the market
net margin has narrowed from 5.9% to 4.1% across four quarters
Worth knowing
RSI at 30 is washed out — historically the better half of this site's measured edge comes from exactly this condition
the 5 scans it matches come from only 2 families — one signal wearing several hats rather than several signals
What would change this read: a close back above 243, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
from the filings and from the price, with the figure behind every line
Working3
Revenue rose 39.9% year on year, from Rs 303 cr to Rs 423 cr.
+39.9%Rs 303 crRs 423 cr
Holds more cash than borrowings, Rs 106 cr against Rs 45 cr.
Rs 106 crRs 45 cr
Borrowings are 0.03 times owners' equity, Rs 45 cr against Rs 1,404 cr.
0.03Rs 45 crRs 1,404 cr
Needs watching6
Profit grew slower than revenue, -13.6% against +39.9%.
-13.6%+39.9%
Operating cash flow was Rs -51 cr against Rs 115 cr reported profit, which is -45% of it.
Rs -51 crRs 115 cr-45%
Net margin moved from 6.7% to 4.1%.
6.7%4.1%
Trading 24.3% below its 200-day average.
-24.3%
54% below its 52-week high.
-54%
Down 48.2% over the past year.
-48.2%
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 5 of these 6 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.
How it has performed
price return over each window, beside the median NSE stock over the same days
What the scans say today
5 of 47 matched on 10 Sep
ZAGGLE matches 5 of the 47 scans today, across 2 different kinds of evidence. Note how few kinds of evidence that is: several scans in one family are one signal wearing several hats, not several signals.
segments and revenue mix, as the company reports them
ZAGGLE reports 3 business segments. The largest is Propel platform revenue / Gift cards at 59% of revenue in the quarter ending 30 June 2026.
SegmentRevenueSharevs a year ago
Propel platform revenue / Gift cards251 cr59.2%—
Program fee160 cr37.8%—
Platform fee / SaaS fee / Service fee13 cr3.0%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 31 March 2026
Return on equity
8.2%
trailing profit over shareholders’ funds
Return on capital
10.5%
pre-tax profit over equity plus borrowings
Debt to equity
0.03×
45 cr borrowed against 1,404 cr of equity
Net debt
61 cr
cash exceeds borrowings
Cash conversion
-45%
operating cash flow as a share of profit
Receivable days
69
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
500 sessions since 24 September 2024
23×
median 63×
101×
now 22×
ZAGGLE trades at 22× trailing earnings, below its median of 63× over this window — 66% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
Analyst call filings were typically +0.11pt vs the market over the next 5 sessions (n=4,339) · Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
revenue grew 68% against the same quarter a year earlier
profit rose 5% year on year
revenue rose in 3 of the last 4 quarters
Going against it
net margin narrowed from 6.6% to 4.1%
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
30 Jun · consolidated
423
23
18
1.30
4.1%
Q4 FY26
31 Mar · consolidated
618
53
41
3.03
6.6%
Q3 FY26
31 Dec · consolidated
526
50
37
2.76
7.1%
Q3 FY25
31 Dec · consolidated
337
26
20
1.61
5.9%
Q2 FY25
30 Sep · consolidated
303
28
20
1.66
6.7%
Q1 FY25
30 Jun · consolidated
252
23
17
1.37
6.6%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-7.0%
Versus 200-day average-24.3%
Below 52-week high-54.2%
Above 52-week low+14.6%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)29.7
Higher closes in last 52 of 5
Six-month return−16.43%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)3.50%
Volume versus 20-day0.4x
Median daily turnoverRs 26.6 cr
Peers
Information Technology · 36 classified companies
ZAGGLE trades at 21.5× trailing earnings against an industry median of 24.9× across 34 other classified companies in its industry — cheaper than them, by 14%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.