PAYTM · NSE
One 97 Communications Limited
₹1,849.9
+4.93% (+₹86.9)
Prev. close
₹1,763
Volume
46,40,337
Delivery %
44.7%
As of
18 Sept 2026
Price history
Chandan Taparia · Motilal Oswal Financial Services Ltd · 04 Aug 2026
“Has a 'Buy' call on Paytm with a target price of ₹1,480 and a stop-loss of ₹1,370. The stock has given a rounding bottom breakout near ₹1,400, holding above this level and forming higher highs, trading above its short-term moving averages.”
Entry ≈ ₹1,436 (first trade after call)Target ₹1,480 (+3.1%)Stop ₹1,370 (-4.6%)R:R ~0.7:1Target hit · 10 Aug 2026
Analyst sentiment
Analysts lean bullish
16 analyst stances · last 90 days · one per analyst
Trackable
9 · 8 bull / 0 neutral / 1 bear
Long-Horizon
none in window
Commentary
7 · 7 bull / 0 neutral / 0 bear
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Upgraded Paytm shares to 'Overweight' with a raised price target of ₹2,100, citing potential UPI MDR revenues. Factoring…” | JPMorgan AnalysisJPMorgan | Paytm | PENDING | ||||
| “Maintained a 'Buy' call on Paytm, raising its target price to ₹2,400. The new UPI MDR framework replaces the earlier dis…” | Emkay Global Financial Services AnalysisEmkay Global Financial Services | Paytm | PENDING | ||||
| “Raised Paytm's target price to ₹2,150 per share, implying over 24% upside, while retaining its 'Buy' call. The notified …” | JM Financial AnalysisJM Financial Institutional Securities | Paytm | PENDING | ||||
| “Maintains a 'Buy' call on Paytm shares, raising the target price to ₹2,150, implying over 24% upside. This follows incre…” | Jefferies AnalysisJefferies | Paytm | PENDING | ||||
| “Maintains a 'Buy' call on Paytm, increasing its target price to ₹2,150, implying over 24% upside. The new UPI MDR charge…” | JM Financial AnalysisJM Financial Institutional Securities | Paytm | PENDING | ||||
| “Maintains a 'Buy' call on Paytm, increasing its target price to ₹2,400, implying around 39% upside potential. The new UP…” | Emkay Global Financial Services AnalysisEmkay Global Financial Services | Paytm | PENDING | ||||
| “Maintains a 'Buy' call on Paytm, raising its price target to ₹2,100 from ₹1,600. The brokerage highlights Paytm's abilit…” | Jefferies AnalysisJefferies | Paytm | PENDING | ||||
| “Maintained an 'Outperform' rating on Paytm with a price target of ₹2,200. Expects meaningful operating leverage from the…” | Bernstein AnalysisBernstein | Paytm | PENDING | ||||
| “Retained 'Buy' rating on Paytm and raised price target to ₹2,100 from ₹1,600, just below its IPO price. Bullish on Paytm…” | Jefferies AnalysisJefferies | Paytm | PENDING | ||||
| “Bullish on One 97 Communications (Paytm), recommending a buy at ₹1751 with a target of ₹1875 and a stop loss at ₹1690. T…” | Sumeet BagadiaChoice Equity Broking | One 97 Communications Ltd | PENDING | ||||
| “Bullish on One 97 Communications (Paytm), recommending a buy at CMP Rs 1,659 with a target of Rs 1,800–1,830 and a stop …” | ET Bureau AnalysisET Bureau | One 97 Communications Ltd | PENDING | ||||
| “Bullish on Paytm, adding it to the model portfolio with a target price of ₹2,200, representing the highest potential ups…” | Bernstein AnalysisBernstein | Paytm | PENDING | ||||
| “Bernstein has added Paytm to its India model portfolio, anticipating potential MDR-related catalysts. This inclusion com…” | Bernstein AnalysisBernstein | Paytm | PENDING | ||||
| “Bullish on Paytm, raising its target price to ₹2,200, a Street-high level, citing the potential for the company to benef…” | Bernstein AnalysisBernstein | Paytm | PENDING | ||||
| “Reiterated a 'Buy' rating on Paytm and raised its target price to ₹1,950 from ₹1,500. This upgrade follows a parliamenta…” | JM Financial AnalysisJM Financial Institutional Securities | Paytm | PENDING | ||||
| “Retains an 'Outperform' rating on Paytm, raising its target price to ₹2,200 from ₹1,500. This upgrade is driven by poten…” | Bernstein AnalysisBernstein | Paytm | NOT GRADED | ||||
| “Reiterates a 'Buy' rating on Paytm, raising its target price to ₹1,950 from ₹1,500. This follows a parliamentary amendme…” | JM Financial AnalysisJM Financial Institutional Securities | Paytm | PENDING | ||||
| “Bernstein maintains an Outperform rating on Paytm, raising its target price to ₹2,200 from ₹1,500, which is the highest …” | Bernstein AnalysisBernstein | Paytm | PENDING | ||||
| “The uptrend in Paytm shares is expected to continue as long as the stock maintains levels above the ₹1,440–₹1,450 zone, …” | Sudeep ShahSBI Securities | Paytm | PENDING | ||||
| “Retains an 'Outperform' rating on One97 Communications (Paytm), raising its target price to ₹2,200, implying a 38% upsid…” | Bernstein AnalysisBernstein | Paytm | PENDING | ||||
| “Bullish on Paytm, raising its target price to a Street-high. The brokerage cites the potential for UPI fees to expand ma…” | Bernstein AnalysisBernstein | Paytm | PENDING | ||||
| “Bullish on One97 Communications (Paytm), raising its target price to ₹2,200 from ₹1,500, marking a 52% upside and the hi…” | Bernstein AnalysisBernstein | Paytm | NOT GRADED | ||||
| “Bernstein maintains an 'outperform' rating on Paytm, raising its price target to ₹2,200 from ₹1,500. This bullish outloo…” | Bernstein AnalysisBernstein | Paytm | PENDING | ||||
| “Bullish on Paytm, recommending a buy in the ₹1,425 zone with a stop-loss at ₹1,345 and targets between ₹1,550-1,620. The…” | Himanshu GuptaJainam Broking | Paytm | PENDING | ||||
| “Has a 'Buy' call on Paytm with a target price of ₹1,480 and a stop-loss of ₹1,370. The stock has given a rounding bottom…” | Chandan TapariaMotilal Oswal Financial Services Ltd | Paytm | PENDING | ||||
“Has a 'Buy' call on Paytm with a target price of ₹1,480 and a stop-loss of ₹1,370. The stock has given a rounding bottom breakout near ₹1,400, holding above this level and forming higher highs, trading above its short-term moving averages.” This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded. | |||||||
| “Maintains a Buy rating on Paytm, raising its target price to ₹1,560 from ₹1,425, implying a 16% upside. This upgrade is …” | Citi AnalysisCitigroup Inc. | Paytm | PENDING | ||||
| “Maintains an Underperform rating on Paytm with a target price of ₹1,050, suggesting a 22% downside. The brokerage trimme…” | CLSA AnalysisCLSA | Paytm | PENDING | ||||
| “Reiterates its Buy rating on Paytm, increasing its target price to ₹1,500 from ₹1,430, indicating an 11% upside. The pos…” | Goldman Sachs AnalysisGoldman Sachs Group Inc. | Paytm | PENDING | ||||
| “CLSA retained its 'underperform' rating on Paytm with a price target of ₹1,050, implying a 22% downside from Monday's cl…” | CLSA AnalysisCLSA | Paytm | PENDING | ||||
| “Citi maintained its 'buy' rating on Paytm with a price target of ₹1,560. The firm believes that the potential introducti…” | Citi AnalysisCitigroup Inc. | Paytm | PENDING | ||||
| “Goldman Sachs maintained its 'buy' rating on Paytm with a price target of ₹1,500. The brokerage forecasts 27% year-on-ye…” | Goldman Sachs AnalysisGoldman Sachs Group Inc. | Paytm | PENDING | ||||
| “Maintains an 'Underperform' rating on Paytm with a target price of ₹1,050, implying a potential downside of approximatel…” | CLSA AnalysisCLSA | Paytm | PENDING | ||||
Market commentary · 15 · levels, conditionals, previews, macro & hedged views — context, not graded
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Bullish on the overall UPI ecosystem, estimating an industry opportunity of ₹15,000 crore to ₹18,000 crore from the new …” | Jefferies AnalysisJefferies | Fintech/Payments | PENDING | |
| “Bullish on Paytm, estimating incremental revenue of ₹2.1 billion in FY27 and ₹4.7 billion in FY28, with adjusted EBITDA …” | JM Financial AnalysisJM Financial Institutional Securities | Paytm | PENDING | |
| “Named Paytm its top pick with a target price of ₹2,200, expecting EPS to reach ₹78 by FY29. Key drivers include robust m…” | Bernstein AnalysisBernstein | Paytm | PENDING | |
| “Bullish on One 97 Communications (Paytm) due to the new UPI MDR framework, which could increase its FY28 EBITDA by 30-50…” | Nitin AggarwalMotilal Oswal Financial Services | One 97 Communications Ltd | PENDING | |
| “Estimates Paytm's incremental revenue from UPI MDR at Rs 2.1 billion in FY27 and Rs 4.7 billion in FY28, with adjusted E…” | JM Financial AnalysisJM Financial Institutional Securities | Paytm | PENDING | |
| “Bullish on Paytm's long-term value, estimating FY28 UPI MDR revenue of Rs 11.2 billion. The discounted value of this rev…” | Emkay Global Financial Services AnalysisEmkay Global Financial Services | Paytm | PENDING | |
| “Raised its Paytm target price to Rs 2,150 from Rs 2,100 and lifted its FY28 and FY29 earnings estimates by 10% to 12%. I…” | Jefferies AnalysisJefferies | Paytm | PENDING | |
| “Bullish on Paytm, anticipating a material earnings upgrade and 40-70% upside potential to EBITDA by FY28 due to the new …” | Goldman Sachs AnalysisGoldman Sachs Group Inc. | Paytm | PENDING | |
| “Bullish on Paytm, raising its price target to ₹2,100 from ₹1,600, implying a 21% upside. The firm expects Paytm's 4.9 cr…” | Jefferies AnalysisJefferies | Paytm | PENDING | |
| “Bullish on Paytm, naming it a top pick with a target price of ₹2,200, implying a 26% upside from current levels. Key dri…” | Bernstein AnalysisBernstein | Paytm | PENDING | |
| “Bullish on Paytm, raising its price target to ₹2,100 from ₹1,600. The firm expects a 25% revenue CAGR over FY26-29, aide…” | Jefferies AnalysisJefferies | Paytm | PENDING | |
| “Paytm shares have transitioned from a turnaround to a strong uptrend, with a recent breakout above ₹1,350 technically en…” | Ajit MishraReligare Broking | Paytm | PENDING | |
| “Bullish on Paytm, which has seen a decisive breakout above a key horizontal trendline on the daily chart, indicating a p…” | Sudeep ShahSBI Securities | Paytm | NOT GRADED | |
| “Paytm shares have corrected 8% from their July 15 high of ₹1,407 due to profit-booking, but this indicates a pause in bu…” | Sudeep ShahSBI Securities | Paytm | NOT GRADED | |
| “Bullish on One 97 Communications (Paytm) after it decisively surpassed the 1228 resistance zone with rising volumes, ind…” | Rajesh PalviyaAxis Securities | Paytm | NOT GRADED |
Fundamentals
About One 97 Communications Limited
One97 Communications Limited engages in the provision of payment, commerce and cloud, and financial services to consumers and merchants in India, the United Arab Emirates, Saudi Arabia, and Singapore. The company offers payment and financial services, including payment facilitator services, facilitation of consumer and merchant lending to consumers and merchants, wealth management, etc. It also provides marketing services consist of aggregators for digital products, the ticketing business, the provision of voice and messaging platforms to telecom operators, enterprise customers and other businesses, etc. In addition, the company offers mobile recharge; bill payments, such as utility bills, education and money transfers on the app, online payment gateways, as well as offline payment solutions to merchants through QR codes, soundbox, and card machines. Further, it provides digital distribution of credit, insurance, mutual funds and equity broking services; other services, including ticketing, deals and gift vouchers and advertising services for merchants; and distributes credit cards. One97 Communications Limited was incorporated in 2000 and is headquartered in Noida, India.
Details
Sector
Technology
Industry
Software - Infrastructure
CEO
Mr. Vijay Shekhar Sharma
Headquarters
Noida
Employees
47,826
Website
paytm.comExchange
View on NSE ↗Key stats
Market cap
₹1.13 L Cr
P/E ratio (TTM)
175.9
EPS (TTM)
₹10.02
Beta (1Y · daily vs NIFTY 50)
1.62
Beta (5Y · monthly vs NIFTY 50)
-0.00
Shares float
52.42 Cr
EPS · quarter ended Jun 2026
₹3.40
Upcoming earnings
03 Nov 2026
Financial Performance
01 · Financials
FY22 growth needs FY21 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | ₹4,974.20 Cr | ₹7,990.30 Cr | ₹9,977.80 Cr | ₹6,900.40 Cr | ₹8,437.00 Cr | |
| EBITDA | — | ₹-2,052.50 Cr | ₹-1,221.80 Cr | ₹-630.40 Cr | ₹44.00 Cr | ₹1,170.00 Cr |
| — | ₹-2,392.90 Cr | ₹-1,775.90 Cr | ₹-1,417.00 Cr | ₹-658.70 Cr | ₹553.00 Cr | |
| Diluted EPS | — | ₹-38 | ₹-27 | ₹-22.33 | ₹-10.35 | ₹8.55 |
Revenue, Total expenses (as filed), Employee benefit expense, Depreciation & amortisation, Other expenses, EBITDA, Net income, Pretax income, Tax provision, Interest expense, Other income, Diluted EPS have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹9,151.30 Cr | ₹17,991.60 Cr | ₹17,965.80 Cr | ₹18,692.80 Cr | ₹21,447.70 Cr | ₹23,915.00 Cr | |
| ₹612.00 Cr | ₹221.50 Cr | ₹223.30 Cr | ₹176.60 Cr | ₹160.00 Cr | ₹172.00 Cr | |
| Stockholders' equity | ₹6,534.80 Cr | ₹14,151.60 Cr | ₹13,015.60 Cr | ₹13,326.60 Cr | ₹15,026.70 Cr | ₹16,026.00 Cr |
Inventory, Trade receivables, CWIP, Others, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | ₹-1,236.30 Cr | ₹415.60 Cr | ₹650.80 Cr | ₹-121.30 Cr | ₹-743.00 Cr | |
| Investing cash flow | — | ₹-5,488.60 Cr | ₹2,625.50 Cr | ₹318.00 Cr | ₹-2,042.90 Cr | ₹1,719.00 Cr |
| — | ₹8,053.50 Cr | ₹-1,112.30 Cr | ₹-22.10 Cr | ₹-52.70 Cr | ₹-50.00 Cr | |
| Capital expenditure | — | ₹-507.10 Cr | ₹-705.20 Cr | ₹-821.70 Cr | ₹-321.90 Cr | ₹-479.00 Cr |
| End cash position | ₹546.80 Cr | ₹1,379.00 Cr | ₹3,310.00 Cr | ₹4,277.20 Cr | ₹2,072.10 Cr | ₹3,285.00 Cr |
Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Debt repaid, Dividends paid, Capital expenditure have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Nov 21–Jun 26(21Q) |
|---|---|
| Promoter | 0.00% |
| Public | 100.00% |
| Employee trusts | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Technology
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Tata Consultancy Services Limited | ₹7.92 L Cr | ₹2,105 | 15.9 | 7.39 | 45.9% | 0.11 | +4.6% | -33.7% |
| Infosys Limited | ₹4.20 L Cr | ₹1,037.7 | 13.5 | — | 33.9% | 0.10 | +4.6% | -31.2% |
| HCL Technologies Limited | ₹3.40 L Cr | ₹1,249.3 | 19.5 | 4.53 | 22.1% | 0.07 | +11.2% | -16.4% |
| Wipro Limited | ₹1.65 L Cr | ₹166.4 | 13.5 | 1.86 | 14.9% | 0.23 | +4.0% | -34.5% |
| Tech Mahindra Limited | ₹1.38 L Cr | ₹1,537.1 | 27.0 | 4.67 | 16.2% | 0.07 | +7.2% | -0.9% |
| LTM Limited | ₹1.26 L Cr | ₹4,275.1 | 24.2 | 5.26 | 20.9% | 0.10 | +11.3% | — |
| One 97 Communications Limited | ₹1.13 L Cr | ₹1,849.9 | 175.9 | 7.05 | 3.5% | 0.01 | +21.5% | +50.5% |
| LG Electronics India Limited | ₹1.11 L Cr | ₹1,652.9 | 60.6 | 14.42 | 22.0% | 0.06 | +1.3% | — |
| Oracle Financial Services Software Limited | ₹1.01 L Cr | ₹11,896 | 29.7 | 12.93 | 33.7% | 0.00 | +12.1% | +29.7% |
| Persistent Systems Limited | ₹85,505.25 Cr | ₹5,416 | 44.7 | 10.91 | 23.8% | 0.06 | +23.5% | -2.7% |
| Dixon Technologies (India) Limited | ₹80,805.72 Cr | ₹13,005 | 43.3 | 17.28 | 30.8% | 0.21 | +25.8% | -29.1% |
| Coforge Limited | ₹79,425.97 Cr | ₹1,841 | 36.8 | 8.33 | 16.3% | 0.08 | +35.8% | +0.9% |
Ranked by market cap within Technology, same metrics as the Fundamentals screener. Click a column to sort.
Documents
IPO documents
Annual reports
Concall transcripts
Show all 12
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
50 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Paytm Shares Crash Over 7% as RBI Cancels Paytm Payments Bank Licence; One 97 Comm Issues Clarification
Shares of One 97 Communications, Paytm's parent company, fell over 7% after the RBI canceled Paytm Payments Bank's license, halting its banking operations. The RBI cited serious governance concerns and actions detrimental to depositors' interests. Paytm clarified it has no material business exposure to the payments bank and had already impaired its investment.
Paytm karo, back in vogue again: Can the stock reclaim IPO price after 5 years and 480% rally?
economictimes.com · 2 days ago