ONE 97 Communications Ltd
NSE: PAYTM · Financial Technology (Fintech) · sector
₹1,654.70NSE close 2026-10-26
Key numbers
Market cap₹1,05,901 cr
Price₹1,654.70
52w high / low₹1,856 / ₹931
P/E162.9xSector median 73.3x
P/B6.6xSector median 3.6x
Book value₹250.4
Dividend yield–Sector median 0.23%
ROE4.2%Sector median 4.2%
ROCE–Sector median 4.4%
OPM5.2%Sector median 5.2%
Debt / equity–Sector median 0.07x
EV/EBITDA–Sector median 17.2x
Interest cover–
Current ratio–
Sales growth 3y+1.8%Sector median +32.8%
Profit growth 3y–Sector median +49.9%
PEG1.42x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 12 companies in Financial Technology (Fintech) (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹14,591 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating cash flow was below net profit in 1 of the last 5 years (FY26).
- Net loss in 2 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 122% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹1,654.70 on 2026-10-26: -10.8% from the 52-week high, +77.8% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,763.00 · low ₹651.55
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,660 | 1,828 | 1,912 | 1,918 | 2,061 | 2,194 | 2,264 | 2,448 |
| EBITDA | 942 | -222 | -611 | 55 | -49 | 156 | 153 | 203 |
| OPM % | 56.8% | -12.2% | -31.9% | 2.9% | -2.4% | 7.1% | 6.8% | 8.3% |
| Other income | 174 | 189 | 224 | 241 | 222 | 212 | 178 | 182 |
| Net profit | 928 | -208 | -540 | 122 | 21 | 225 | 184 | 220 |
| EPS (₹) | 14.59 | -3.27 | -8.47 | 1.92 | 0.33 | 3.52 | 2.87 | 3.44 |
| Revenue YoY | +24.2% | +20.0% | +18.4% | +27.7% | ||||
| Profit YoY | -97.7% | – | – | +79.6% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 4,974 | 7,990 | 9,978 | 6,900 | 8,437 | 8,967 |
| EBITDA | -2,343 | -1,632 | -1,140 | -683 | 316 | 463 |
| Net profit | -2,393 | -1,776 | -1,417 | -659 | 553 | 650 |
| EPS (₹) | -38.00 | -27.00 | -22.00 | -10.35 | 8.66 | 10.16 |
| Revenue growth | +60.6% | +24.9% | -30.8% | +22.3% | +22.6% | |
| Profit growth | – | – | – | – | +114.7% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +1.8% | – | +22.6% |
| Net profit | – | – | +114.7% |
| EPS | – | – | – |
| Share price | – | +51.7% (2y) | +27.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 13,016 | 13,327 | 15,027 | 16,026 |
| Borrowings | – | 2 | 0 | 5 | 0 |
| Cash & equivalents | – | 8,160 | 7,580 | 13,148 | 14,591 |
| Total assets | – | 17,966 | 17,139 | 21,448 | 23,915 |
| Fixed assets | – | 829 | 931 | 645 | 645 |
| Capital work in progress | – | 7 | 10 | 4 | 7 |
| Investments | – | 1,325 | 2,260 | 2,537 | 2,895 |
| Receivables | – | 1,253 | 1,651 | 1,297 | 1,186 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 859 | 684 | 741 | 889 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -1,236 | 416 | 651 | -121 | -743 |
| Cash from investing | -5,489 | 2,626 | 318 | -2,043 | 1,719 |
| Cash from financing | 8,054 | -1,112 | -22 | -53 | -50 |
| Capex | 507 | 705 | 822 | 322 | 479 |
| Free cash flow | -1,743 | -290 | -171 | -443 | -1,222 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -13.6% | -10.6% | -4.4% | 3.5% |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| FIIs | 43.52% |
| DIIs | 29.51% |
| of which Mutual funds | 21.17% |
| of which Insurance | 6.22% |
| Government | 0.01% |
| Public (non-institutions) | 26.96% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public holders above 1% | % |
|---|---|
| Vijay Shekhar Sharma | 9.02% |
| Resilient Asset Management B V | 7.19% |
| Saif Iii Mauritius Company Limited | 7.01% |
| Motilal Oswal Midcap Fund | 5.14% |
| Axis Trustee Services Limited | 4.83% |
| Saif Partners India Iv Limited | 2.98% |
| Tata Aia Life Insurance Co Ltd-Whole Life Mid Cap Equity Fund-Ulif 009 04/01/07 Wle 110 | 2.17% |
| Kotak Mahindra Trustee Co Ltd A/C Kotak Multicap Fund | 2.13% |
| Sbi Life Insurance Co. Ltd | 1.74% |
| Mirae Asset Large Cap Fund | 1.67% |
| Nippon Life India Trustee Ltd- A/C Nippon India Growth Mid Cap Fund | 1.59% |
| Amansa Holdings Private Limited | 1.54% |
| Sbi Contra Fund | 1.47% |
| Tree Line Asia Master Fund (Singapore) Pte. Limited | 1.34% |
| Akash Bhanshali | 1.23% |
7,56,713 shareholders. Pledged: – of promoter shares.
Peers in Financial Technology (Fintech)
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PAYTM | ₹1,05,901 cr | 162.9x | 6.6x | 4.2% | – | 5.2% | +1.8% | – |
| POLICYBZR | ₹47,334 cr | 63.0x | 6.5x | 10.9% | – | 8.4% | +38.5% | – |
| CCAVENUE | ₹41,841 cr | 118.6x | 8.8x | 6.9% | 7.4% | 4.0% | +60.5% | 0.00% |
| PINELABS | ₹17,868 cr | 137.0x | 3.0x | 2.2% | – | 14.3% | – | – |
| MPIMANIPAL | ₹6,830 cr | – | – | – | – | – | – | – |
| STYL | ₹5,072 cr | 18.9x | 3.6x | 18.5% | 24.6% | 26.2% | – | 0.34% |
| NPST | ₹3,420 cr | 73.3x | 7.8x | 18.7% | 13.6% | 25.1% | – | 0.12% |
| MOBIKWIK | ₹1,681 cr | – | 3.1x | -2.2% | 1.5% | -0.6% | – | – |
| TURTLEMINT | ₹1,584 cr | – | 5.2x | -60.4% | -62.4% | -16.9% | – | – |
| WSFX | ₹78 cr | 12.2x | 1.9x | 16.1% | 20.9% | 9.1% | +32.8% | 2.41% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Payment and Financial Services: Payment Services for consumers and merchants, which enable them to send and receive payments both online and in-store. Financial Services include distribution of digital gold and digital distribution of credit.
- Marketing Services: Marketing Services include ticketing for travel, deals and gift vouchers. It also includes advertising and credit card distribution for merchants.
| Sector | Financial Services |
| Industry | Financial Technology (Fintech) |
| Sub-industry | Financial Technology (Fintech) |
| Symbol | PAYTM |
| BSE code | 543396 |
| ISIN | INE982J01020 |
| Face value | ₹1.0 |
| Incorporated | 2000-12-22 |
| Website | www.paytm.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.