One 97 Communications Ltd. (PAYTM) AI Stock Analysis

• Market Cap: ₹734.41B
• Dividend Yield: N/A
• Average Volume (3M): 1.76M
• Price to Earnings (P/E): 241.1
• Beta (1Y): 0.47
• Revenue Growth: -19.93%
• EPS Growth: N/A
• Country: IN
• Employees: 43,960
• Sector: Technology
• Sector Strength: 94
• Industry: Software - Infrastructure
• EPS (TTM): 1.85
• Shares Outstanding: 638,478,940
• 10 Day Avg. Volume: 4,519,546
• 30 Day Avg. Volume: 1,757,131
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,125.88
• Price Target Upside: -2.12% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9

• Rating: 54 Neutral
• Price Target: ₹1,128.00 ▼(-1.93% Downside)

The overall score reflects a strong technical performance but is tempered by high valuation concerns and ongoing profitability challenges. The company shows potential for improvement in its financial stability, but current high valuation levels suggest caution.

One 97 Communications Ltd. Business Overview & Revenue Model

Company Description

One 97 Communications Ltd., commonly known as Paytm, is a leading Indian digital payments and financial services company. Founded in 2010 and headquartered in Noida, India, Paytm provides a wide range of services, including mobile payments, e-commerce, and financial solutions. The company's core products include the Paytm digital wallet, Paytm Payments Bank, and Paytm Mall, catering to consumers and merchants alike. Paytm has become a household name in India, facilitating seamless transactions and financial inclusion for millions of users.

How the Company Makes Money

Paytm generates revenue through a diversified business model primarily focused on digital payments, financial services, and commerce. Its key revenue streams include transaction fees from digital payments processed through its platform, which covers bill payments, recharges, and money transfers. Additionally, Paytm earns from its Paytm Payments Bank operations, offering savings accounts and other banking services. The company also derives income from its e-commerce platform, Paytm Mall, through commissions on sales. Significant partnerships with financial institutions, merchants, and service providers enhance Paytm's offerings and contribute to its revenue growth. Paytm's advertising and promotional services further augment its earnings, with merchants paying for visibility and customer engagement opportunities on the platform.

One 97 Communications Ltd. Financial Statement Overview

Summary

The company faces profitability challenges, with ongoing losses and negative cash flow, but maintains a strong balance sheet with low leverage and substantial equity. Slight improvements in profit margins suggest potential for future profitability.

Income Statement

The company has shown volatility in its revenue growth with a 39% decline from 2024 to 2025. Gross profit margin improved slightly in 2025, but the net profit margin remains negative, indicating ongoing losses. EBIT and EBITDA margins also reflect negative profitability, though there is a narrowing of losses which suggests potential improvement.

Balance Sheet

The balance sheet shows a strong equity position with a high equity ratio of 70% in 2025. The debt-to-equity ratio is low, indicating conservative leverage levels. However, fluctuations in total assets and liabilities pose potential risks. The company maintains a substantial cash reserve, enhancing financial stability.

Cash Flow

Cash flow analysis reveals challenges with negative free cash flow and operating cash flow in 2025, indicating cash management issues. The operating cash flow to net income ratio is unfavorable due to persistent losses. However, the company had a better cash flow position in prior periods, suggesting potential for recovery.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	69.00B	69.00B	99.78B	79.04B	49.63B	28.02B
Gross Profit	14.88B	14.88B	20.13B	-7.36B	17.09B	5.36B
EBITDA	411.00M	-15.06B	-5.93B	-12.22B	-20.50B	-14.08B
Net Income	-6.59B	-6.59B	-14.17B	-17.76B	-23.93B	-16.96B
Balance Sheet
Total Assets	214.48B	214.48B	171.39B	179.66B	179.92B	91.51B
Cash, Cash Equivalents and Short-Term Investments	131.48B	131.48B	75.80B	81.60B	46.47B	30.24B
Total Debt	1.60B	1.60B	1.77B	2.23B	2.21B	6.12B
Total Liabilities	64.51B	64.51B	38.41B	49.73B	38.62B	26.35B
Stockholders Equity	150.27B	150.27B	133.27B	130.16B	141.52B	65.35B
Cash Flow
Free Cash Flow	0.00	-4.43B	-1.71B	-2.90B	-17.43B	-22.75B
Operating Cash Flow	0.00	-1.21B	6.51B	4.16B	-12.36B	-20.82B
Investing Cash Flow	0.00	-20.43B	3.18B	26.25B	-54.89B	19.30B
Financing Cash Flow	0.00	-527.00M	-221.00M	-11.12B	80.53B	-2.22B

One 97 Communications Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1150.25
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PAYTM, the sentiment is Positive. The current price of 1150.25 is above the 20-day moving average (MA) of 1078.78, above the 50-day MA of 986.56, and above the 200-day MA of 876.28, indicating a bullish trend. The MACD of 41.31 indicates Negative momentum. The RSI at 72.01 is Negative, neither overbought nor oversold. The STOCH value of 80.04 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:PAYTM.

One 97 Communications Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TATATECH	69 Neutral	₹269.25B	39.29		1.26%	―	―
OFSS	68 Neutral	₹746.19B	31.00		3.08%	4.60%	2.77%
Sector *	68 Neutral	¥242.18B	15.61	6.62%	2.44%	9.08%	2.46%
ANGELONE	67 Neutral	₹239.53B	23.99		1.82%	2.09%	-21.52%
ROUTE	63 Neutral	₹54.93B	18.70		1.38%	8.74%	-19.10%
PAYTM	54 Neutral	₹734.41B	241.14		―	-19.93%	―
ITI	49 Neutral	₹279.86B	―		―	120.98%	66.43%

One 97 Communications Ltd. Corporate Events

One 97 Communications Ltd. Announces Virtual AGM for 2025

One 97 Communications Ltd. has announced the convening of its 25th Annual General Meeting (AGM) on August 29, 2025, which will be held virtually through video conferencing. The company has published newspaper advertisements in compliance with regulatory requirements to inform its members about the AGM, where they will be able to participate and vote on resolutions electronically. This move aligns with the company’s commitment to adhering to regulatory standards and ensuring shareholder engagement through digital means.