One 97 Communications Ltd
PAYTM NSE
One 97 Communications Ltd
Financial Services F&ONSE: PAYTM BSE: 543396 Fintech
Key Fundamentals
MidcapFintechFinancial ServicesMarket Cap
₹92,529 Cr
Volatility
High Risk
P/E Ratio
141.89
EBITDA
₹314 Cr
Return on Equity
-4.42%
Debt to Equity
0.01
Book Value
₹249.97
EPS
₹0
52W High
₹1,459.5
52W Low
₹930.6
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view One 97 Communications Ltd insights
32 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Company is almost debt free.
- Company has delivered good profit growth of 19.5% CAGR over last 5 years
- Company's median sales growth is 22.3% of last 10 years
Weaknesses
3- Stock is trading at 5.76 times its book value
- Company has a low return on equity of -4.48% over last 3 years.
- Earnings include an other income of Rs.625 Cr.
Growth Rate
Revenue Growth
10.65% ↗
Net Income Growth
-184.74% ↘
Cash Flow Change
-118.64% ↘
ROE
-58.69% ↘
ROCE
-58.92% ↘
EBITDA Margin (Avg.)
-132.94% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 2d agoAI opinion · based on fundamentals
Risk high
One 97 Communications (Paytm) has a market cap of ₹91,267 Cr trading at a PE of 141.3x and PB of 5.72x. The company turned ROE positive at 5% last year after reporting -4% over 3 years, and TTM sales growth stands at 23% while TTM profit growth is 263%, though earnings include ₹625 Cr of other income.
Bull Case 7
- Company is almost debt free, giving it financial flexibility and low interest burden in a high-rate environment
- TTM profit growth of 263% signals a sharp turnaround from losses toward sustainable profitability
- ROE turned positive at 5% last year versus -4% over 3 years and -9% over 5 years, indicating improving capital efficiency
- Median sales growth of 22.3% over 10 years demonstrates long-term revenue compounding ability in the digital payments ecosystem
- TTM sales growth of 23% shows the company is reaccelerating topline after a 3-year CAGR of just 2%
- Stock CAGR of 36% over 1 year reflects renewed market confidence in the business turnaround
- Compounded profit growth of 19.5% CAGR over last 5 years shows underlying earnings trajectory is positive despite interim losses
Bear Case 8
- PE of 141.3x is extremely elevated, implying the stock prices in significant future growth that may not materialize
- 3-year ROE of -4.48% indicates the company destroyed shareholder value over a meaningful period
- Earnings include other income of ₹625 Cr, raising questions about the quality and sustainability of reported profits
- Stock trades at 5.72x book value despite historically negative returns on equity, suggesting rich valuation relative to asset base
- 3-year compounded sales CAGR of only 2% reveals a prolonged period of near-stagnant revenue growth
- Zero dividend yield means shareholders rely entirely on capital appreciation with no income cushion
- 5-year ROE of -9% shows the company has a long track record of unprofitability and the recent turnaround is unproven over cycles
- 10-year compounded profit growth of only 9% despite 26% sales CAGR over the same period suggests persistent margin challenges and poor operating leverage historically
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 1d ago Positives 3
- Q1 profit rises to ₹220 crore Jul 20
Net profit grew to ₹220 crore from ₹183 crore QoQ, with revenue from operations reaching ₹2,448 crore in Q1FY26.
- Split Bills feature launched Jul 29
Paytm introduced Split Bills on July 29, enabling group expense tracking and UPI settlement with no entry limits or costs.
- Indonesia expansion via Flip partnership Jul 9
One 97 announced a partnership with Flip to expand into Indonesia, marking a new international market entry alongside continued regulatory compliance.
Neutral 5
- ₹38.98 Cr block trade on NSE Jul 21
Institutional block trade of ~2.92 lakh shares at ₹1,334.80/share worth ₹38.98 crore executed on NSE.
- ₹15.36 Cr block trade on NSE Aug 4
Block trade of ~1.09 lakh shares at ₹1,410.00/share worth ₹15.36 crore recorded on NSE.
- Investor conference participation Jul 29
Company disclosed analyst/investor meetings scheduled Aug-Sep 2026 at events hosted by UBS, Jefferies, and J.P. Morgan.
- 15.4 lakh ESOPs granted at ₹9 Jul 20
NRC approved 15,42,117 stock options under ESOP 2019 at ₹9/share; 5,87,147 options lapsed.
- Board considers bonus issue Jul 15
Board meeting scheduled July 20 to consider Q1FY27 results and a potential bonus issue for shareholders.
TL;DR: Paytm is on a positive trajectory with sequential profit growth to ₹220 crore and revenue at ₹2,448 crore, supported by product launches like Split Bills and international expansion into Indonesia. No material headwinds emerged in this period. Block trades suggest institutional activity without clear directional bias. The trend is improving as profitability strengthens and the company pursues shareholder-friendly actions like a potential bonus issue.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,342 | 2,519 | 2,850 | 2,267 | 1,502 | 1,659 | 1,828 | 1,912 | 1,918 | 2,061 | 2,194 | 2,264 | 2,448 |
| Expenses | 2,652 | 2,750 | 3,014 | 2,734 | 2,295 | 2,063 | 2,051 | 2,000 | 1,846 | 1,921 | 2,039 | 2,132 | 2,245 |
| Operating Profit | -311 | -231 | -163 | -467 | -794 | -404 | -223 | -88 | 72 | 140 | 155 | 132 | 203 |
| OPM % | -13% | -9% | -6% | -21% | -53% | -24% | -12% | -4.6% | 3.8% | 7% | 7% | 6% | 8% |
| Other Income | 123 | 139 | 149 | 132 | 138 | 1,524 | 189 | -299 | 224 | 32 | 212 | 199 | 182 |
| Interest | 7 | 7 | 5 | 5 | 4 | 3 | 4 | 5 | 4 | 5 | 4 | 5 | 7 |
| Depreciation | 159 | 180 | 201 | 196 | 178 | 179 | 165 | 150 | 166 | 137 | 133 | 132 | 131 |
| PBT | -354 | -279 | -221 | -536 | -839 | 938 | -203 | -542 | 126 | 30 | 230 | 194 | 247 |
| Tax % | 1% | 5% | 0% | 3% | 0% | 1% | 2% | 1% | 2% | 30% | 2% | 6% | 11% |
| Net Profit | -358 | -292 | -222 | -550 | -840 | 930 | -208 | -545 | 123 | 21 | 225 | 183 | 220 |
| EPS in Rs | -5.63 | -4.58 | -3.46 | -8.65 | -13.19 | 14.58 | -3.26 | -8.47 | 1.93 | 0.33 | 3.52 | 2.87 | 3.44 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 323 | 855 | 3,224 | 3,279 | 2,801 | 4,974 | 7,990 | 9,978 | 6,900 | 8,437 | 8,967 |
| Expenses | 683 | 2,523 | 7,592 | 5,964 | 4,640 | 7,358 | 9,634 | 10,921 | 8,406 | 7,937 | 8,337 |
| Operating Profit | -360 | -1,668 | -4,368 | -2,685 | -1,838 | -2,384 | -1,644 | -943 | -1,506 | 500 | 630 |
| OPM % | -111% | -195% | -135% | -82% | -66% | -48% | -21% | -9% | -22% | 6% | 7% |
| Other Income | 16 | 164 | 280 | -45 | 356 | 288 | 410 | 314 | 1,550 | 668 | 625 |
| Interest | 2 | 1 | 38 | 54 | 38 | 42 | 24 | 26 | 17 | 18 | 21 |
| Depreciation | 21 | 28 | 112 | 174 | 178 | 247 | 485 | 736 | 673 | 568 | 533 |
| PBT | -367 | -1,534 | -4,237 | -2,958 | -1,698 | -2,385 | -1,743 | -1,390 | -645 | 582 | 701 |
| Tax % | 1% | 0% | 0% | -1% | 0% | 0% | 2% | 2% | 3% | 5% | — |
| Net Profit | -372 | -1,535 | -4,231 | -2,942 | -1,701 | -2,396 | -1,776 | -1,422 | -663 | 552 | 649 |
| EPS in Rs | -123 | -332 | -727 | -470 | -280 | -36.9 | -28.02 | -22.3 | -10.33 | 8.64 | 10.16 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 30 | 46 | 58 | 60 | 60 | 65 | 63 | 64 | 64 | 64 |
| Reserves | 354 | 2,751 | 5,667 | 8,045 | 6,474 | 14,087 | 12,952 | 13,263 | 14,963 | 15,962 |
| Borrowings | 0 | 15 | 932 | 428 | 612 | 222 | 223 | 177 | 160 | 194 |
| Other Liabilities | 316 | 637 | 2,107 | 1,769 | 2,004 | 3,618 | 4,727 | 5,190 | 6,261 | 7,695 |
| Total Liabilities | 701 | 3,450 | 8,764 | 10,302 | 9,151 | 17,991 | 17,966 | 18,693 | 21,448 | 23,915 |
| Fixed Assets | 47 | 81 | 841 | 594 | 491 | 914 | 1,209 | 1,247 | 890 | 910 |
| CWIP | 11 | 59 | 56 | 15 | 24 | 12 | 11 | 14 | 16 | 7 |
| Investments | 112 | 2,308 | 2,849 | 3,740 | 413 | 1,230 | 2,697 | 4,628 | 4,172 | 4,501 |
| Other Assets | 530 | 1,002 | 5,018 | 5,954 | 8,223 | 15,836 | 14,048 | 12,804 | 16,370 | 18,497 |
| Total Assets | 701 | 3,450 | 8,764 | 10,302 | 9,151 | 17,991 | 17,966 | 18,693 | 21,448 | 23,915 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -334 | -1,405 | -4,476 | -2,377 | -2,082 | -1,236 | 416 | 651 | -121 | -743 |
| Investing | -20 | -2,229 | 1,906 | -1,997 | 1,934 | -5,484 | 2,628 | 338 | -2,031 | 1,719 |
| Financing | 459 | 3,938 | 2,110 | 5,160 | -222 | 8,054 | -1,112 | -22 | -53 | -50 |
| Net Cash Flow | 104 | 304 | -460 | 786 | -371 | 1,334 | 1,931 | 967 | -2,205 | 926 |
| Free Cash Flow | -372 | -1,515 | -4,651 | -2,563 | -2,270 | -1,741 | -281 | -161 | -438 | -1,211 |
| CFO/OP | 93 | 87 | 98 | 88 | 123 | 46 | -36 | -81 | 9 | -142 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 100 | 53 | 29 | 34 | 61 | 55 | 57 | 60 | 69 | 51 |
| Cash Conversion Cycle | 100 | 53 | 29 | 34 | 61 | 55 | 57 | 60 | 69 | 51 |
| Working Capital Days | 12 | -83 | 195 | 116 | 289 | 162 | 61 | -18 | -119 | -55 |
| ROCE % | — | -101% | — | -34% | -21% | -22% | -12% | -8% | -10% | 5% |
Documents
1
Announcement under Regulation 30 (LODR)-Newspaper Publication
7 May - Newspaper Publication - Financial Results for the quarter and financial year ended March 31, 2026. 7 May - Newspaper Publication - Financial Results for the quarter and financial year ended March 31, 2026.
2
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
7 May - Paytm will attend investor meetings and conferences in Singapore and Hong Kong from May 18-20, 2026. 7 May - Paytm will attend investor meetings and conferences in Singapore and Hong Kong from May 18-20, 2026.
3
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
7 May - Audio recording of May 7, 2026 earnings conference call uploaded for FY26 results. 7 May - Audio recording of May 7, 2026 earnings conference call uploaded for FY26 results.
4
Board Meeting Outcome for Outcome Of The Board Meeting Held On May 06, 2026
6h - Paytm approved FY26 audited results; consolidated profit ₹552 crore and reappointed Ashit Ranjit Lilani for five years. 6h - Paytm approved FY26 audited results; consolidated profit ₹552 crore and reappointed Ashit Ranjit Lilani for five years.
5
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
6h - On May 6, 2026, NRC granted 1,77,044 ESOPs and allotted 70,504 shares, raising paid-up capital to 64,01,80,180. 6h - On May 6, 2026, NRC granted 1,77,044 ESOPs and allotted 70,504 shares, raising paid-up capital to 64,01,80,180.
Frequently Asked Questions about One 97 Communications Ltd
What does One 97 Communications Ltd do?
Incorporated in 2000, One 97 Communications Ltd is India's leading digital ecosystem for consumers as well as merchants. As of March 31, 2021, the company has a 333 million+ client base and 21 million+ registered merchants to whom it offers payment services, financial services, and commerce and c...
Where is One 97 Communications Ltd (PAYTM) listed?
One 97 Communications Ltd is listed on the Indian stock exchanges. It is listed on NSE: PAYTM and BSE: 543396. You can view its live share price, financials, and ratios on Tapetide.
Which sector does One 97 Communications Ltd belong to?
One 97 Communications Ltd operates in the Financial Services sector within the Fintech industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of One 97 Communications Ltd?
One 97 Communications Ltd has a market capitalisation of approximately ₹92528.70 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of One 97 Communications Ltd?
The Price-to-Earnings (PE) ratio of One 97 Communications Ltd is 141.89. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of One 97 Communications Ltd?
Over the past 52 weeks, One 97 Communications Ltd has traded between a low of ₹930.6 and a high of ₹1,459.5. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of One 97 Communications Ltd?
One 97 Communications Ltd has a Return on Equity (ROE) of -4.42%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research One 97 Communications Ltd on Tapetide?
On Tapetide, you can view One 97 Communications Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2000, One 97 Communications Ltd is India's leading digital ecosystem for consumers as well as merchants. As of March 31, 2021, the company has a 333 million+ client base and 21 million+ registered merchants to whom it offers payment services, financial services, and commerce and cloud services.[1]