Zaggle Lands 5-Year NBFC Deal, Strengthening Enterprise SaaS Growth

Zaggle Prepaid Ocean Services has signed a 5-year agreement with APAC Financial Services, a technology-driven NBFC, to provide its enterprise software solutions—Zoyer (procurement and spend management) and Zaggle Save (employee expense management and benefits platform). While the company has not disclosed the contract value, revenue will depend on the number of active users and their platform usage over the contract period, indicating scalable earning potential. The deal further strengthens Zaggle's presence in the enterprise SaaS segment and expands its long-term recurring revenue opportunities. The company's financial performance also remained robust, with Q4 FY26 consolidated net profit rising 30.6% YoY to ₹41 crore from ₹31 crore, while revenue from operations jumped nearly 50% YoY to ₹618 crore from ₹412 crore. Reflecting positive investor sentiment, the stock gained 4.53% to close at ₹207.60 on Tuesday after trading around ₹206.50, highlighting market confidence in the company's growth strategy and expanding enterprise business. $ZAGGLE Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.