Zaggle posts record FY26: revenue up 46% to ₹1,908 Cr, PAT up 52%
Spend management platform Zaggle closed FY26 with revenue of ₹19,076 Mn (+46.3%) and PAT of ₹1,388 Mn (+51.8%). Launched Retail RuPay Credit Card on UPI, acquired Greenedge and Rivpe, opened GIFT City entity, and guided ~40% growth for FY27.
What happened
Zaggle reported FY26 revenue of ₹19,076 Mn (up 46.3%) and PAT of ₹1,388 Mn (up 51.8%). Launched Retail RuPay Credit Card with UPI, acquired Greenedge and Rivpe,
Key facts
- Revenue ₹19,076 Mn
- Revenue growth 46.3%
- PAT ₹1,388 Mn
- PAT growth 51.8%
- Cash PAT growth 54%
- FY27 guidance ~40%
- 50 million prepaid cards
- 3.9 million users
Why this matters
The Greenedge and Rivpe tuck-ins plus GIFT City entity signal an aggressive roll-up strategy in fintech infrastructure—expect Zaggle to keep buying distribution and cross-border rails to defend its 40%+ growth narrative.