Financial Technology (Fintech)
Valuation | |
|---|---|
| Market Cap | 73.11 kCr |
| Price/Earnings (Trailing) | -120.63 |
| Price/Sales (Trailing) | 8.51 |
| EV/EBITDA | 1.47 K |
| Price/Free Cashflow | -183.43 |
| MarketCap/EBT | -124.36 |
| Enterprise Value | 71.29 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -11.7% |
| Price Change 1M | -13% |
| Price Change 6M | 5.1% |
| Price Change 1Y | 46.8% |
| 3Y Cumulative Return | 30.6% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -2.04 kCr |
| Cash Flow from Operations (TTM) |
| Revenue (TTM) |
| 8.59 kCr |
| Rev. Growth (Yr) | 24.5% |
| Earnings (TTM) | -609.6 Cr |
| Earnings Growth (Yr) | -97.7% |
Profitability | |
|---|---|
| Operating Margin | 2% |
| EBT Margin | -7% |
| Return on Equity | -3.98% |
| Return on Assets | -2.7% |
| Free Cashflow Yield | -0.55% |
| Cash Flow from Financing (TTM) | -52.7 Cr |
| Cash & Equivalents | 1.83 kCr |
| Free Cash Flow (TTM) | -443.2 Cr |
| Free Cash Flow/Share (TTM) | -6.95 |
Balance Sheet | |
|---|---|
| Total Assets | 22.54 kCr |
| Total Liabilities | 7.23 kCr |
| Shareholder Equity | 15.31 kCr |
| Current Assets | 17.16 kCr |
| Current Liabilities | 6.93 kCr |
| Net PPE | 604 Cr |
| Inventory | 0.00 |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | -34.03 |
| Interest/Cashflow Ops | -6.49 |
Dividend & Shareholder Returns | |
|---|---|
| Shares Dilution (1Y) | 0.30% |
| Shares Dilution (3Y) | -1.6% |
Past Returns: Outperforming stock! In past three years, the stock has provided 30.6% return compared to 12.7% by NIFTY 50.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Size: It is among the top 200 market size companies of india.
Smart Money: Smart money is losing interest in the stock.
Momentum: Stock is suffering a negative price momentum. Stock is down -13% in last 30 days.
Dividend: Stock hasn't been paying any dividend.
Technicals: SharesGuru indicator is Bearish.
Insider Trading: Significant insider selling noticed recently.
Past Returns: Outperforming stock! In past three years, the stock has provided 30.6% return compared to 12.7% by NIFTY 50.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Size: It is among the top 200 market size companies of india.
Smart Money: Smart money is losing interest in the stock.
Momentum: Stock is suffering a negative price momentum. Stock is down -13% in last 30 days.
Dividend: Stock hasn't been paying any dividend.
Technicals: SharesGuru indicator is Bearish.
Insider Trading: Significant insider selling noticed recently.
Investor Care | |
|---|---|
| Shares Dilution (1Y) | 0.30% |
| Earnings/Share (TTM) | -9.49 |
Financial Health | |
|---|---|
| Current Ratio | 2.48 |
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 26.53 |
| RSI (5d) | 12.35 |
| RSI (21d) | 32.56 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Buy |
| SharesGuru Signal | Sell |
| RSI Signal | Buy |
| RSI5 Signal | Buy |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal | Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
Updated May 5, 2025
Shares of One 97 Communications Ltd (Paytm) are under scrutiny after its subsidiary received a Rs 5,712-crore GST show cause notice, which could affect its financial standing.
Despite a recent rise, Paytm shares are down 10.5% year-to-date, reflecting ongoing market challenges.
Paytm has reported that the GST notice will not impact its operations, but the ongoing legal challenges add uncertainty to its future performance.
Summary of One 97 Communications's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Management provided a positive outlook for Paytm, emphasizing significant growth opportunities through its financial services and AI integration. CEO Vijay Shekhar Sharma highlighted the company's intent to enhance its AI stack, indicating that it not only aims for cost savings but also intends to create new revenue streams. The focus will be on using AI in product development and features, with the goal of expanding in both local and global markets. Sharma noted, "the future growth of Paytm in revenue and bottom line is going to come from India's expansion of financial services" and the replicability of its technology globally.
Sharma mentioned key metrics for their postpaid product, with current numbers reportedly averaging tens of thousands, and highlighted the potential to scale beyond previous peaks in customer bases, suggesting targets of millions. Additionally, he noted the growing traction in their merchant loans, with no current constraints regarding capital from bank partners, indicating a robust framework for scaling this product quickly.
Furthermore, the company is optimizing its payment margins via enhanced merchant offerings like EMIs and is set to expand into international markets, aiming to partner with local entities while maintaining a technology-driven model. Overall, the management expressed excitement about the prospects for AI-enhanced services, stating that AI "will be a revenue line item," while forecasting a continued trajectory of scale and monetization from its robust user and merchant base.
In terms of performance, Sharma highlighted promising returns from the festive season and noted that the company's financial services division is experiencing a structural growth rate improvement, projecting a potential revenue growth acceleration from the current 24-25% range towards 30% or higher in the medium term.
Understand One 97 Communications ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Resilient Asset Management B V | 10.22% |
| Saif III Mauritius Company Limited | 9.44% |
| Vijay Shekhar Sharma | 9.04% |
| Motilal Oswal Midcap Fund | 4.96% |
| Axis Trustee Services Limited | 4.84% |
| Saif Partners India IV Limited | 4.01% |
| Tata Aia Life Insurance Co Ltd-Whole Life Mid Cap Equity Fund |
Detailed comparison of One 97 Communications against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| BAJFINANCE | Bajaj Finance | 5.69 LCr | 76.24 kCr | -8.50% | +25.40% | 20.97 | 7.47 | - | - |
| POLICYBZR | PB Fintech | 74.86 kCr |
One 97 Communications is a prominent Financial Technology (Fintech) company, trading under the stock ticker PAYTM. With a significant market capitalization of Rs. 56,201.2 Crores, the firm plays a pivotal role in offering a diverse array of payment, commerce, cloud, and financial services to both consumers and merchants across India.
The company specializes in various payment and financial services that include:
In addition to these services, One 97 Communications also provides commerce and cloud solutions. This encompasses:
Further expanding its offerings, the company engages in digital recharge, utility bill payments, education funding, and money transfer services. They also facilitate online payment gateways, as well as offline payment options via QR codes, soundboxes, and card machines. Additional services include:
One 97 Communications also offers various marketing solutions, including ticket sales, promotional deals, and loyalty programs. The company operates a comprehensive technology platform for origination, loan management, and credit access collections.
Incorporated in 2000 and headquartered in Noida, India, One 97 Communications has reported a trailing 12-month revenue of Rs. 7,888.4 Crores, though its one-year revenue growth has seen a decline of -3.7%.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
Paytm has launched the MahaKumbh Soundbox for instant payment alerts and introduced reduced interest rates for its Pay Later service to enhance affordability.
The Nomination and Remuneration Committee approved the cancellation of 21 million options, which could positively impact shareholder value.
Paytm's stock has seen a 10% increase over the past month, indicating some recovery in investor interest.
Clarification • 23 Jan 2026 The Exchange has sought clarification from One 97 Communications Ltd on January 23, 2026, with reference to news appeared in https://www.cnbctv18.com/ dated January 23, 2026 quoting "Paytm .... |
Analyst / Investor Meet • 16 Jan 2026 Earnings Conference Call for investors and analysts is scheduled to be held on Friday, January 30, 2026 to discuss the financial results of the Company for the quarter and nine months ended .... |
Acquisition • 13 Jan 2026 Disclosure under Regulation 30 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015. |
Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 • 09 Jan 2026 Compliance Certificate pursuant to Regulation 74(5) of SEBI(Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 2025. |
Allotment of ESOP / ESPS • 03 Jan 2026 Allotment of 1,88,879 equity shares pursuant to exercise of stock options under One 97 Employees Stock Option Scheme. |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Q1: Mr. Pranav Kshatriya: What is the scaling up of Postpaid and your roadmap with bank partners?
A1: Our goal is to democratize financial services, with Postpaid as a key aspect. We're collaborating with a limited number of banks currently, but there's substantial potential with our existing partner. The current numbers are encouraging, and we aim to eventually expand our customer base significantly.
Q2: Mr. Pranav Kshatriya: How much of the growth in net payment margin is from subscriptions versus payment processing?
A2: Growth largely comes from credit instruments like EMI, especially during the festive season. Our margin on payment processing has seen an uptick due to strategic partnerships and disciplined pricing, which should sustain in upcoming quarters.
Q3: Mr. Pranav Kshatriya: What's the outlook on indirect costs?
A3: We anticipate these costs to remain stable for the rest of the year. We see room for reducing non-sales-related expenses while selectively investing in sales personnel, thus improving efficiency.
Q4: Mr. Pranav Gundlapalle: What's driving the slowdown in marketing revenues, and what's the outlook on BNPL unit economics?
A4: Advertising, particularly in travel, has faced industry headwinds. However, our marketing strategy is evolving, and we expect growth as we focus on effective upselling. BNPL economics remain healthy, with minimal changes compared to our previous product.
Q5: Mr. Sachin Dixit: What's driving the operating cash flow conversion dip?
A5: Variability in cash flow is partly due to settlement timings and holidays. It's essential to assess operating cash flow over weeks rather than quarters. We can discuss specifics offline.
Q6: Mr. Sachin Dixit: How sustainable is the improvement in payment processing margins?
A6: We believe this improvement is sustainable as we continue adjusting product mix. New online merchant acquisitions will enhance margins.
Q7: Mr. Sachin Dixit: Will AI be a cost or revenue driver?
A7: AI presents major revenue opportunities through innovative products while optimizing costs. We are excited about new functionalities and the potential to enhance service across various merchant segments.
Q8: Mr. Rahul Jain: What's the strategy for improving MTU (Monthly Transacting Users)?
A8: We're focusing on higher-value customer retention and simplifying app experiences to enhance monetization. Launching products like gold coins attracts more customers leveraging existing relationships.
Q9: Mr. Piran Engineer: How would you compare your UPI credit card market share?
A9: Our UPI credit card market share is better than our general UPI share. We're confident in our positioning as more merchants adopt these payment options.
Q10: Mr. Prateek Poddar: What's the timeline for scaling Postpaid given the customer base?
A10: We see a substantial opportunity and will focus on customer acquisition without rushing the process. We aim to reach previous peaks cautiously, learning from past experiences.
| 1.69% |
| Amansa Holdings Private Limited | 1.65% |
| Nippon Life India Trustee Ltd- A/C Nippon India Growth Mid Cap Fund | 1.64% |
| Tree Line Asia Master Fund (Singapore) Pte Ltd | 1.34% |
| Akash Bhanshali | 1.24% |
| Sbi Life Insurance Co. Ltd | 1.12% |
| Theleme India Master Fund Limited | 1.02% |
Distribution across major stakeholders
Distribution across major institutional holders
| 6.15 kCr |
| -14.60% |
| -3.80% |
| 161.53 |
| 12.18 |
| - |
| - |
| SBICARD | SBI CARDS AND PAYMENT SERVICES | 73.36 kCr | 19.77 kCr | -10.80% | +2.30% | 38.24 | 3.71 | - | - |
| ANGELONE | ANGEL ONE | 23.11 kCr | 4.74 kCr | +1.90% | +14.90% | 29.93 | 4.87 | - | - |
| AFFLE | AFFLE 3I | 21.63 kCr | 2.55 kCr | -13.70% | +3.90% | 51.44 | 8.48 | - | - |
| INDIAMART | IndiaMART InterMESH | 13.14 kCr | 1.87 kCr | -1.40% | +4.90% | 21.67 | 7.04 | - | - |
| INFIBEAM | INFIBEAM AVENUES | 5.45 kCr | 5.57 kCr | -3.40% | -29.10% | 17.92 | 0.98 | - | - |
| FINOPB | Fino Payments Bank | 1.74 kCr | 1.81 kCr | -17.30% | -24.90% | 25.22 | 0.96 | - | - |
| Exceptional items before tax |
| -979.1% |
| -190 |
| -16.7 |
| -522.1 |
| 0 |
| 1,345 |
| 0 |
| Total profit before tax | -76% | 31 | 126 | -541.7 | -203.3 | 935 | -837.3 |
| Current tax | 135.3% | 9 | 4.4 | 0.8 | 7.8 | 9.1 | 0.8 |
| Deferred tax | 28.6% | 0 | -0.4 | 1.8 | -2.8 | -0.2 | 0.7 |
| Total tax | 166.7% | 9 | 4 | 2.6 | 5 | 8.9 | 1.5 |
| Total profit (loss) for period | -83.5% | 21 | 122 | -544.6 | -208.5 | 930 | -840.1 |
| Other comp. income net of taxes | 2731.6% | 101 | -2.8 | 0.9 | 397 | 719 | -67.2 |
| Total Comprehensive Income | 1.7% | 122 | 120 | -543.7 | 189 | 1,649 | -907.3 |
| Earnings Per Share, Basic | -172.8% | 0.33 | 1.92 | -8.47 | -3.27 | 14.59 | -13 |
| Earnings Per Share, Diluted | -176.4% | 0.32 | 1.89 | -8.47 | -3.27 | 14.29 | -13 |
| 4,670 |
| 4,470 |
| 4,283 |
| Total Expenses | -18.9% | 7,659 | 9,444 | 8,220 | 6,456 |
| Profit Before exceptional items and Tax | -20.5% | -1,517.4 | -1,258.9 | -1,792.8 | -2,280.7 |
| Exceptional items before tax | 433% | 728 | -217.3 | -63 | -44.1 |
| Total profit before tax | 46.5% | -789 | -1,476.2 | -1,855.8 | -2,324.8 |
| Current tax | - | 0 | 0 | 0 | 0.3 |
| Total tax | - | 0 | 0 | 0 | 0.3 |
| Total profit (loss) for period | 46.5% | -789 | -1,476.2 | -1,855.8 | -2,325.1 |
| Other comp. income net of taxes | 226.2% | 14 | -9.3 | -2.3 | -1.8 |
| Total Comprehensive Income | 47.8% | -774.5 | -1,485.5 | -1,858.1 | -2,326.9 |
| Earnings Per Share, Basic | 44.2% | -12.39 | -23 | -29 | -37 |
| Earnings Per Share, Diluted | 44.2% | -12.39 | -23 | -29 | -37 |
| 42.2% |
| 5,029 |
| 3,538 |
| 2,912 |
| 2,068 |
| 2,119 |
| 1,236 |
| Loans, non-current | -100.5% | 0 | 187 | 178 | 171 | 157 | 154 |
| Total non-current financial assets | 33.1% | 5,052 | 3,797 | 3,160 | 2,646 | 4,132 | 1,614 |
| Total non-current assets | 21.7% | 6,461 | 5,310 | 4,675 | 4,764 | 6,521 | 3,819 |
| Total assets | 1.7% | 17,733 | 17,441 | 15,170 | 14,989 | 16,642 | 15,636 |
| Total non-current financial liabilities | -5.8% | 114 | 121 | 135 | 144 | 165 | 180 |
| Provisions, non-current | 2.7% | 77 | 75 | 74 | 86 | 67 | 53 |
| Total non-current liabilities | 16.2% | 288 | 248 | 298 | 303 | 393 | 470 |
| Borrowings, current | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total current financial liabilities | 13.8% | 4,313 | 3,790 | 1,528 | 1,602 | 3,156 | 2,163 |
| Provisions, current | -27.7% | 139 | 192 | 194 | 229 | 173 | 139 |
| Total current liabilities | 9% | 4,707 | 4,319 | 2,056 | 2,347 | 3,838 | 2,880 |
| Total liabilities | 9.4% | 4,995 | 4,567 | 2,355 | 2,650 | 4,232 | 3,350 |
| Equity share capital | 0% | 64 | 64 | 64 | 64 | 64 | 63 |
| Total equity | -1.1% | 12,738 | 12,874 | 12,816 | 12,339 | 12,411 | 12,287 |
| Total equity and liabilities | 1.7% | 17,733 | 17,441 | 15,170 | 14,989 | 16,642 | 15,636 |
| Proceeds from issuing shares | -433.3% |
| Payments to acquire or redeem entity's shares | - |
| Proceeds from exercise of stock options | - |
| Repayments of borrowings | - |
| Payments of lease liabilities | -7.7% |
| Interest paid | -18.8% |
| Other inflows (outflows) of cash | -61.2% |
| Net Cashflows from Financing Activities | -403.2% |
| Net change in cash and cash eq. | -328.2% |
General • 03 Jan 2026 Grant of 1,23,908 stock options under One 97 Employees Stock Option Scheme 2019. |
Acquisition • 31 Dec 2025 Update on simplification of Group Structure. |