{"id":294411,"date":"2026-10-08T11:43:29","date_gmt":"2026-10-08T06:13:29","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=294411"},"modified":"2026-10-08T11:43:29","modified_gmt":"2026-10-08T06:13:29","slug":"service-platform-stocks-strong-roadmap","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/","title":{"rendered":"3 Service Platform Stocks With a Strong Future Roadmap: Le Travenues Technology (ixigo), Awfis Space Solutions and Zaggle Prepaid Ocean Services"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>ixigo Rs 158.27, P\/E 80.23. Awfis Rs 250.75, P\/E 21.16. Zaggle Rs 172.22, P\/E 17.79. Closing prices of 7 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Service platform stocks with the clearest long-term roadmaps today include Le Travenues Technology (ixigo) in an online travel booking platform, Awfis Space Solutions in flexible workspace and coworking centres and Zaggle Prepaid Ocean Services in spend management and rewards technology for businesses. FY26 revenue growth was 36.8% at ixigo, 25.8% at Awfis and 46.2% at Zaggle. P\/E stands at 80.23 for ixigo (industry 123.69), 21.16 for Awfis (industry 80.54) and 17.79 for Zaggle (industry 17.45). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company&#8217;s risks need equal attention.<\/p>\n<\/p><\/div>\n<p>Service platform stocks give investors exposure to travel booking, flexible workspace and spend management businesses. Results depend on user growth, enterprise demand and cash conversion, which is why margins and cash flow matter as much as headline growth.<\/p>\n<p>This list covers three asset-light service platform stocks: Le Travenues Technology (ixigo) for an online travel booking platform, Awfis Space Solutions for flexible workspace and coworking centres and Zaggle Prepaid Ocean Services for spend management and rewards technology for businesses. Every figure comes from the latest reported financials and the 7 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=service-platform-stocks-strong-roadmap\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#What_Are_Service_Platform_Stocks\" title=\"What Are Service Platform Stocks?\">What Are Service Platform Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#Service_Platform_Stocks_at_a_Glance\" title=\"Service Platform Stocks at a Glance\">Service Platform Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#Why_Do_Service_Platform_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Service Platform Stocks Have a Strong Roadmap in India?\">Why Do Service Platform Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#Le_Travenues_Technology_ixigo_Online_Travel_Booking_Anchors_the_Roadmap\" title=\"Le Travenues Technology (ixigo): Online Travel Booking Anchors the Roadmap\">Le Travenues Technology (ixigo): Online Travel Booking Anchors the Roadmap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#Awfis_Space_Solutions_Flexible_Workspaces_Drive_the_Pipeline\" title=\"Awfis Space Solutions: Flexible Workspaces Drive the Pipeline\">Awfis Space Solutions: Flexible Workspaces Drive the Pipeline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#Zaggle_Prepaid_Ocean_Services_Spend_Management_Technology_Builds_the_Next_Leg\" title=\"Zaggle Prepaid Ocean Services: Spend Management Technology Builds the Next Leg\">Zaggle Prepaid Ocean Services: Spend Management Technology Builds the Next Leg<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#Best_Service_Platform_Stocks_in_India_ixigo_vs_Awfis_vs_Zaggle_on_Key_Financials\" title=\"Best Service Platform Stocks in India: ixigo vs Awfis vs Zaggle on Key Financials\">Best Service Platform Stocks in India: ixigo vs Awfis vs Zaggle on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#How_to_Evaluate_Travel_Workspace_and_Spend_Management_Platform_Stocks_to_Buy_Before_You_Invest\" title=\"How to Evaluate Travel, Workspace and Spend Management Platform Stocks to Buy Before You Invest\">How to Evaluate Travel, Workspace and Spend Management Platform Stocks to Buy Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#Risks_to_Consider_Before_Investing_in_Service_Platform_Stocks\" title=\"Risks to Consider Before Investing in Service Platform Stocks\">Risks to Consider Before Investing in Service Platform Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#Final_Take_Which_Stock_Has_the_Strongest_Roadmap\" title=\"Final Take: Which Stock Has the Strongest Roadmap?\">Final Take: Which Stock Has the Strongest Roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#FAQs_on_Service_Platform_Stocks\" title=\"FAQs on Service Platform Stocks\">FAQs on Service Platform Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#Which_are_the_best_service_platform_stocks_in_India_with_a_strong_roadmap\" title=\"Which are the best service platform stocks in India with a strong roadmap?\">Which are the best service platform stocks in India with a strong roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#Is_Le_Travenues_Technology_ixigo_a_good_stock_to_buy_now\" title=\"Is Le Travenues Technology (ixigo) a good stock to buy now?\">Is Le Travenues Technology (ixigo) a good stock to buy now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#What_is_the_PE_ratio_of_ixigo_Awfis_and_Zaggle\" title=\"What is the P\/E ratio of ixigo, Awfis and Zaggle?\">What is the P\/E ratio of ixigo, Awfis and Zaggle?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#Which_of_these_service_platform_stocks_has_the_highest_return_on_equity\" title=\"Which of these service platform stocks has the highest return on equity?\">Which of these service platform stocks has the highest return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#What_are_the_risks_of_investing_in_service_platform_stocks\" title=\"What are the risks of investing in service platform stocks?\">What are the risks of investing in service platform stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#How_did_ixigo_Awfis_and_Zaggle_perform_in_Q1_FY27\" title=\"How did ixigo, Awfis and Zaggle perform in Q1 FY27?\">How did ixigo, Awfis and Zaggle perform in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#Do_service_platform_stocks_pay_dividends\" title=\"Do service platform stocks pay dividends?\">Do service platform stocks pay dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/service-platform-stocks-strong-roadmap\/#How_can_I_invest_in_service_platform_stocks_in_India\" title=\"How can I invest in service platform stocks in India?\">How can I invest in service platform stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Service_Platform_Stocks\"><\/span><strong>What Are Service Platform Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Service platform stocks are shares of asset-light companies that connect users to travel, office space and business spending tools. Results depend on user and customer growth, utilisation, take rates and operating margin, so strong brands and falling costs per customer separate the stronger names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Service_Platform_Stocks_at_a_Glance\"><\/span><strong>Service Platform Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares size, valuation, return on equity and debt for the three service platform stocks as of the 7 October 2026 close.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/ixigo\/le-travenues-technology-ltd-share-price-today\">Le Travenues Technology (ixigo)<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">158.27<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,971<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">80.23<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">123.69<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3.52%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.02<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/awfis\/awfis-space-solutions-ltd-share-price-today\">Awfis Space Solutions<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">250.75<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,796<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.16<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">80.54<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.83%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2.72<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/zaggle\/zaggle-prepaid-ocean-services-ltd-share-price-today\">Zaggle Prepaid Ocean Services<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">172.22<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,315<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.79<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.45<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.83%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.04<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Among asset-light service platform stocks, ixigo and Awfis trade below the industry P\/E, while Zaggle trades at a premium to the industry multiple.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Service_Platform_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Service Platform Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Service platform stocks have a strong roadmap in India because travel keeps growing, companies prefer flexible offices and businesses are digitising spending. Three drivers stand out.<\/p>\n<ul>\n<li><strong>Rising travel:<\/strong> More Indians book trips online.<\/li>\n<li><strong>Flexible offices:<\/strong> Firms prefer short-term workspace.<\/li>\n<li><strong>Digital spend control:<\/strong> Businesses adopt cards and rewards platforms.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Le_Travenues_Technology_ixigo_Online_Travel_Booking_Anchors_the_Roadmap\"><\/span><strong>Le Travenues Technology (ixigo): Online Travel Booking Anchors the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>ixigo&#8217;s roadmap rests on an online travel booking platform, with rail and flight bookings and new services lifting revenue.<\/p>\n<p>Revenue grew from Rs 384.94 crore in FY22 to Rs 1,275.35 crore in FY26, a 231.3% rise, and FY26 revenue was 36.8% higher than FY25. FY26 net profit rose 19.7% to Rs 72.13 crore. In Q1 FY27, revenue grew 19.5% to Rs 385.90 crore, and net profit rose 80.8% to Rs 34.24 crore.<\/p>\n<p>Debt to equity is 0.02 and return on equity is 3.52%. At a P\/E of 80.23 against an industry P\/E of 123.69, the stock trades below its industry multiple.<\/p>\n<p>What to watch: FY25 net profit of Rs 60.25 Cr was lower than the Rs 73.06 Cr of FY24, and return on equity of 3.52% is modest.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Awfis_Space_Solutions_Flexible_Workspaces_Drive_the_Pipeline\"><\/span><strong>Awfis Space Solutions: Flexible Workspaces Drive the Pipeline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Awfis&#8217; roadmap rests on flexible workspace and coworking centres, with enterprise demand and new centres supporting revenue.<\/p>\n<p>Revenue grew from Rs 278.72 crore in FY22 to Rs 1,586.12 crore in FY26, a 469.1% rise, and FY26 revenue was 25.8% higher than FY25. FY26 net profit rose 4.4% to Rs 70.85 crore. In Q1 FY27, revenue grew 27.1% to Rs 448.87 crore, and net profit rose 140.1% to Rs 23.96 crore.<\/p>\n<p>Debt to equity is 2.72 and return on equity is 12.83%. At a P\/E of 21.16 against an industry P\/E of 80.54, the stock trades below its industry multiple.<\/p>\n<p>What to watch: Return on equity of 12.83% is modest, and a market cap of Rs 1,796 Cr means the share price can swing sharply. Debt to equity of 2.72 deserves tracking.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Zaggle_Prepaid_Ocean_Services_Spend_Management_Technology_Builds_the_Next_Leg\"><\/span><strong>Zaggle Prepaid Ocean Services: Spend Management Technology Builds the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Zaggle&#8217;s roadmap rests on spend management and rewards technology for businesses, with new corporate clients and card programmes supporting growth.<\/p>\n<p>FY26 revenue was Rs 1,945.65 crore, 46.2% higher than FY25. FY26 net profit rose 57.8% to Rs 138.75 crore. In Q1 FY27, revenue grew 25.1% to Rs 429.86 crore, and net profit fell 32.9% to Rs 17.53 crore. Operating margin was 11.94% in FY26 and 9.41% in Q1 FY27 against 12.91% a year earlier.<\/p>\n<p>Debt to equity is 0.04 and return on equity is 9.83%. FY26 operating cash flow was negative at Rs 51.47 crore against capital expenditure of Rs 107.11 crore. At a P\/E of 17.79 against an industry P\/E of 17.45, the stock trades above its industry multiple.<\/p>\n<p>What to watch: The Q1 FY27 operating margin of 9.41% was below the 12.91% of a year earlier, and return on equity of 9.83% is modest. Q1 FY27 net profit was 32.9% lower than a year earlier; the P\/E of 17.79 sits above the industry P\/E of 17.45, so earnings delivery matters for the valuation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Best_Service_Platform_Stocks_in_India_ixigo_vs_Awfis_vs_Zaggle_on_Key_Financials\"><\/span><strong>Best Service Platform Stocks in India: ixigo vs Awfis vs Zaggle on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the best service platform stocks in India, Awfis leads on Q1 FY27 revenue growth and five-year revenue growth; Zaggle leads on the lowest P\/E. The table puts the numbers side by side.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Metric<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ixigo<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Awfis<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Zaggle<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,275.35<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,586.12<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,945.65<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">25.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">46.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">72.13<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">70.85<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">138.75<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.7%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.4%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">57.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 revenue growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.5%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">27.1%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">25.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 net profit growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">80.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">140.1%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">-32.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Return on equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3.52%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.83%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.83%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">P\/E ratio<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">80.23<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.16<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.79<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Debt to equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.02<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2.72<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.04<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Dividend yield<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00%<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Platform earnings follow user growth and utilisation, so full-year numbers and quarterly trends together give a better view of each business. Reading cash flow alongside profit matters here, because growth in bookings, centres and card volumes often needs working capital before it turns into cash.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Evaluate_Travel_Workspace_and_Spend_Management_Platform_Stocks_to_Buy_Before_You_Invest\"><\/span><strong>How to Evaluate Travel, Workspace and Spend Management Platform Stocks to Buy Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A short checklist keeps the research consistent when you screen service platform stocks and shortlist travel, workspace and spend management platform stocks to buy.<\/p>\n<ol>\n<li>Compare each stock&#8217;s P\/E with its industry P\/E, which differs by stock.<\/li>\n<li>Track operating margin across several quarters, because input costs can move faster than prices.<\/li>\n<li>Check whether revenue growth is turning into profit growth, not only sales.<\/li>\n<li>Read operating cash flow against capital expenditure to see how growth is funded.<\/li>\n<li>Watch debt to equity and interest cover before sizing a position.<\/li>\n<li>Spread exposure across companies and business lines instead of one demand cycle.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these service platform stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing_in_Service_Platform_Stocks\"><\/span><strong>Risks to Consider Before Investing in Service Platform Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Debt:<\/strong> Awfis has debt to equity of 2.72.<\/li>\n<li><strong>Quarterly profit:<\/strong> Zaggle&#8217;s Q1 FY27 net profit was 32.9% lower than a year earlier.<\/li>\n<li><strong>Cash flow:<\/strong> Zaggle had negative operating cash flow of Rs 51.47 Cr in FY26.<\/li>\n<li><strong>Low returns:<\/strong> ixigo&#8217;s ROE is 3.52%.<\/li>\n<\/ul>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track ixigo, Awfis and Zaggle live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Take_Which_Stock_Has_the_Strongest_Roadmap\"><\/span><strong>Final Take: Which Stock Has the Strongest Roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>These three travel, workspace and spend management platform stocks cover online travel booking, flexible workspaces, and spend management technology. Awfis leads on Q1 FY27 revenue growth and five-year revenue growth; Zaggle leads on the lowest P\/E.<\/p>\n<p>Across asset-light service platform stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the travel, workspace and spend management platform stocks to buy discussed here.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Service_Platform_Stocks\"><\/span><strong>FAQs on Service Platform Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_service_platform_stocks_in_India_with_a_strong_roadmap\"><\/span><strong>Which are the best service platform stocks in India with a strong roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Le Travenues Technology (ixigo), Awfis Space Solutions and Zaggle Prepaid Ocean Services stand out for their roadmaps in travel booking, workspaces and spend management. FY26 revenue growth was 36.8% at ixigo, 25.8% at Awfis and 46.2% at Zaggle, and return on equity ranges from 3.52% to 12.83%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Le_Travenues_Technology_ixigo_a_good_stock_to_buy_now\"><\/span><strong>Is Le Travenues Technology (ixigo) a good stock to buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Le Travenues Technology (ixigo) has a debt to equity ratio of 0.02, a return on equity of 3.52% and a P\/E of 80.23 against an industry P\/E of 123.69. Debt, quarterly profit and cash flow move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_ixigo_Awfis_and_Zaggle\"><\/span><strong>What is the P\/E ratio of ixigo, Awfis and Zaggle?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E ratio is 80.23 for ixigo (industry 123.69), 21.16 for Awfis (industry 80.54) and 17.79 for Zaggle (industry 17.45). Only Zaggle trades at or above the industry multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_service_platform_stocks_has_the_highest_return_on_equity\"><\/span><strong>Which of these service platform stocks has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Awfis Space Solutions has the highest return on equity at 12.83%, followed by Zaggle Prepaid Ocean Services at 9.83% and Le Travenues Technology (ixigo) at 3.52%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_service_platform_stocks\"><\/span><strong>What are the risks of investing in service platform stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are high debt at one firm, a weaker quarter and negative cash flow at another and a low return on equity at the third. Awfis has debt to equity of 2.72.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_ixigo_Awfis_and_Zaggle_perform_in_Q1_FY27\"><\/span><strong>How did ixigo, Awfis and Zaggle perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Le Travenues Technology (ixigo) reported revenue of Rs 385.90 crore, up 19.5% year on year, and net profit rose 80.8% to Rs 34.24 crore. Awfis Space Solutions reported revenue of Rs 448.87 crore, up 27.1% year on year, and net profit rose 140.1% to Rs 23.96 crore. Zaggle Prepaid Ocean Services reported revenue of Rs 429.86 crore, up 25.1% year on year, and net profit fell 32.9% to Rs 17.53 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_service_platform_stocks_pay_dividends\"><\/span><strong>Do service platform stocks pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Dividend payouts differ across the three companies. The dividend yield is 0.00% for ixigo, 0.00% for Awfis and 0.00% for Zaggle, based on dividends declared for FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_service_platform_stocks_in_India\"><\/span><strong>How can I invest in service platform stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy service platform stocks through a demat and trading account on NSE or BSE after checking each company&#8217;s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best service platform stocks in India with a strong roadmap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Le Travenues Technology (ixigo), Awfis Space Solutions and Zaggle Prepaid Ocean Services stand out for their roadmaps in travel booking, workspaces and spend management. FY26 revenue growth was 36.8% at ixigo, 25.8% at Awfis and 46.2% at Zaggle, and return on equity ranges from 3.52% to 12.83%.\"}},{\"@type\":\"Question\",\"name\":\"Is Le Travenues Technology (ixigo) a good stock to buy now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Le Travenues Technology (ixigo) has a debt to equity ratio of 0.02, a return on equity of 3.52% and a P\/E of 80.23 against an industry P\/E of 123.69. Debt, quarterly profit and cash flow move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.\"}},{\"@type\":\"Question\",\"name\":\"What is the P\/E ratio of ixigo, Awfis and Zaggle?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The P\/E ratio is 80.23 for ixigo (industry 123.69), 21.16 for Awfis (industry 80.54) and 17.79 for Zaggle (industry 17.45). Only Zaggle trades at or above the industry multiple.\"}},{\"@type\":\"Question\",\"name\":\"Which of these service platform stocks has the highest return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Awfis Space Solutions has the highest return on equity at 12.83%, followed by Zaggle Prepaid Ocean Services at 9.83% and Le Travenues Technology (ixigo) at 3.52%.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in service platform stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are high debt at one firm, a weaker quarter and negative cash flow at another and a low return on equity at the third. Awfis has debt to equity of 2.72.\"}},{\"@type\":\"Question\",\"name\":\"How did ixigo, Awfis and Zaggle perform in Q1 FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Le Travenues Technology (ixigo) reported revenue of Rs 385.90 crore, up 19.5% year on year, and net profit rose 80.8% to Rs 34.24 crore. Awfis Space Solutions reported revenue of Rs 448.87 crore, up 27.1% year on year, and net profit rose 140.1% to Rs 23.96 crore. Zaggle Prepaid Ocean Services reported revenue of Rs 429.86 crore, up 25.1% year on year, and net profit fell 32.9% to Rs 17.53 crore.\"}},{\"@type\":\"Question\",\"name\":\"Do service platform stocks pay dividends?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Dividend payouts differ across the three companies. The dividend yield is 0.00% for ixigo, 0.00% for Awfis and 0.00% for Zaggle, based on dividends declared for FY26.\"}},{\"@type\":\"Question\",\"name\":\"How can I invest in service platform stocks in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can buy service platform stocks through a demat and trading account on NSE or BSE after checking each company's financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Le Travenues Technology (ixigo), Awfis Space Solutions and Zaggle Prepaid Ocean Services compared on growth, margins, debt and valuation, with the roadmap and risks investors should track.<\/p>\n","protected":false},"author":29,"featured_media":294410,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[7134,10118,10115,10116,10117,10119],"class_list":["post-294411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-awfis-space-solutions","tag-le-travenues-technology-ixigo","tag-service-platform-stocks","tag-travel","tag-workspace-and-spend-management-platform-stocks","tag-zaggle-prepaid-ocean-services"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["294410"],"rank_math_title":["Service Platform Stocks: ixigo, Awfis, Zaggle Roadmap"],"rank_math_description":["Service platform stocks with a strong roadmap: ixigo, Awfis and Zaggle compared on growth, margins, valuation and risks. 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