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PAYTM — ONE 97 COMMUNICATIONS LTD

Structural concernsWeak profitability

Price History

Data as of 26 Jun 2026· via fincrux

How PAYTM has traded over time.

Is the price reasonable right now?

Where today's price sits within its own 12-month range — context, not advice.

Middle of its 12-month range50% of range

Sitting roughly mid-way between its 12-month high and low — neither cheap nor stretched versus its own recent history. It sits below its 200-day average, the longer-term trend.

₹883 low₹1,368 high
vs 50-day avg
+0.9%
vs 200-day avg
−5.3%
Beginner mode
Plain English, with everything explained

PAYTM

NSE

ONE 97 COMMUNICATIONS LTD

Technology / Fintech

₹1,124.80
0.00%
last close
0%
Quality Score
A mixed pictureBig money selling

ONE 97 COMMUNICATIONS LTD passes 2 of 3 checks. There's something to like here, but also a few things to be careful about. Read the four checks below before forming a view.

Company size
₹68766.00 Cr
Price tag
142.0×
Money it earns
3.7%

The four quality checks

Every company faces the same four checks. Tap the ? on any term to learn what it means.

01

Is the company drowning in loans?

Banks and lenders borrow money as their actual business, so we judge them on a relaxed scale built for financials.

Aligned

The company keeps its borrowing under control. That's a sign of a sturdy balance sheet.

D/E 0.01goal < 1.5
02

Does it make good money, consistently?

We look at how much profit the company squeezes out of its owners' money, averaged over three years — not just one lucky quarter.

Divergent

Profits relative to the money invested are on the weaker side over the last few years.

ROE 3.7%goal > 15% (3y avg)
03

Is the big, smart money buying in?

Large professional investors (global funds and Indian mutual funds) do deep research before buying. We track whether they've been adding or trimming their stake.

Aligned

Professional investors have been holding steady or buying more — a quiet vote of confidence.

FII+DII 72.5%goal stable or rising (2Q)
04

Is the price reasonable right now?

Even a great company can be a bad buy if it's overpriced. We compare today's price tag to how this company has typically been priced over the past five years.

No data

We don't have enough reliable data to run this check yet, so we're leaving it open rather than guessing.

Data unavailablegoal P/E < 5y median

What we noticed

Observations from the data — not recommendations.

  • 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 mercha…
Data as of 26 Jun 2026· via fincrux

StockVault is an educational research and mathematical-modeling sandbox. It presents structural readings derived from public data and does not provide investment advice, recommendations, or target prices. Figures shown are illustrative and delayed. Markets carry risk; decisions are your own.

Balance Sheet

What PAYTM owns and owes over the years. Tap the ? on any line to learn what it means.

Line itemFigures in ₹ crore
ItemMar '22Mar '23Mar '24Mar '25Mar '26
Borrowings204207169155162
Equity Capital6563646464
Reserves13,64812,22312,27512,81013,049
Total Assets16,35715,63616,54217,44114,712
Total Liabilities16,35715,63616,54217,44114,712

Loan book steady

Borrowings have stayed broadly steady over the retained years. For a financial company that reflects a stable funding base.

This is a financial company. Banks and lenders borrow money as their core business, so high borrowings here are normal and not a red flag on their own.

Periodic Performance

Yearly net profit for PAYTM — does it earn money consistently?

Potential turnaroundPotential turnaround (pattern in the data)

After one or more loss-making years, the most recent year is back in profit. That's a pattern in the data, not a forecast.

−₹2,325 Cr
−₹1,856 Cr
−₹1,476 Cr
−₹789 Cr
₹67 Cr
Mar '22Mar '23Mar '24Mar '25Mar '26
rev ₹3,892 Crrev ₹6,028 Crrev ₹7,661 Crrev ₹5,505 Crrev ₹5,825 Cr
Net profit · annualProfitLoss

Strengths & Risks

What the numbers say is good and bad about PAYTM — observations, not recommendations.

Strengths

3
  • Borrowing is well within the relaxed range we use for financial companies.
  • Large professional investors have been holding steady or adding to their stake.
  • Recent results show a return to profit after weaker years — a turnaround pattern in the data.

Risks

1
  • Profit generated from the money invested has been on the weaker side.

Institutional Ownership Trend

FII and DII holding across the last four quarters.

FII· Foreign institutions
49.4%-5.5 pp
DII· Domestic institutions
23.1%+7.2 pp
Jun '25Sep '25Dec '25Mar '26

Sector Peers

How others in Technology / Fintech score on the same four guardrails.

  • POLICYBZRPB FINTECH LIMITED63
View the full sector