One97 Communications

    PAYTM
    Tech
    ₹1,654.70
    Price as of 26 Oct 2026, 4:53 pm IST

    Market cap ₹1.06 L Cr

    P/E
    165.30
    Day range
    ₹1,582.40 – ₹1,662.40
    52-week range
    ₹930.60 – ₹1,855.50
    Volume
    27.50 L
    Open
    ₹1,609.50
    Prev close
    ₹1,616.10

    Latest results · Q1 FY27(consolidated)Revenue ₹2,448 Cr+27.7%Profit ₹220 Cr+79.6%Margin 9.0%YoY vs the same quarter last year

    No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.

    F&O margin for one lot of PAYTM (725 shares)

    Research profile

    Composite 47 / 100

    Factor percentiles

    Value20
    Quality41
    Momentum93
    Low volatility36

    Derived metrics

    Earn. yield
    0.6%
    Graham no.
    ₹269.66
    vs Graham
    -83.7%
    ROE ÷ P/B
    0.6%
    12-1 mom.
    +45.8%
    Return / vol
    0.77
    Magic Formula
    #612
    Piotroski
    5/6
    FCF yield
    -1.2%

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 8 in Tech
    Largest Tech companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    EternalETERNAL₹3.00 L Cr614.259.781.2%2.0%3.1%0.18+77.6%
    One97 CommunicationsPAYTM₹1.06 L Cr165.306.463.6%5.0%8.0%0.01+27.6%
    FSN E-CommerceNYKAA₹94,524 Cr370.6263.5514.9%17.0%8.0%0.86+29.1%
    Info Edge (India)NAUKRI₹77,541 Cr48.522.034.8%3.0%39.0%0.01+11.4%
    SwiggySWIGGY₹48,719 Cr—2.86-29.1%-24.0%-10.0%0.15+36.1%
    PB FintechPOLICYBZR₹47,275 Cr63.626.429.7%10.0%7.0%0.05+40.1%
    SagilitySAGILITY₹20,832 Cr20.232.0310.3%13.0%25.0%0.09+22.6%
    Kfin TechnologiesKFINTECH₹14,331 Cr42.108.2422.3%29.0%34.0%0.03+30.3%
    Sector median₹63,130 Cr63.626.447.3%7.5%8.0%0.07+29.7%

    Sector as classified in the tracked universe; medians use every tracked Tech company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 23d ago

    Headlines about One97 Communications from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    127.0
    EPS (TTM)
    ₹10.03
    Price / Book
    6.39
    ROE (FY26)
    3.6%
    ROCE (latest year)
    5%
    Dividend yield
    0.00%

    Moving averages (NSE)

    20-day
    ₹1,680.32
    Price below
    50-day
    ₹1,684.64
    Price below
    200-day
    ₹1,301.66
    Price above

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +1.8%
    Revenue YoY (Sep 2026)
    +28.5%
    Profit YoY (Sep 2026)
    +971.4%
    Operating margin
    10.0%
    Net margin
    8.5%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    -1K Cr0 Cr1K Cr2K Cr3K Cr
    • Revenue
    • Net profit

    Operating margin

    Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026-55%0%55%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • FII
    • DII
    • Public
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2015Mar 2016Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-10K Cr-5K Cr0 Cr5K Cr10K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY16FY19FY20FY21FY22FY23FY24FY25FY26-100%-50%0%50%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr5K Cr10K Cr15K Cr20K Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2016Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 20260x0.5x1x

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
    Sales2,8502,2671,5021,6591,8281,9121,9182,0612,1942,2642,4482,648
    Expenses3,0142,7342,2952,0632,0512,0001,8461,9212,0392,1322,2452,381
    Operating Profit-163-467-794-404-223-8872140155132203267
    OPM %-6%-21%-53%-24%-12%-4.6%3.8%7%7%6%8%10%
    Other Income1491321381,524189-29922432212199182178
    Interest554345454577
    Depreciation201196178179165150166137133132131146
    Profit before tax-221-536-839938-203-54212630230194247292
    Tax %0%3%0%1%2%1%2%30%2%6%11%23%
    Net Profit-222-550-840930-208-54512321225183220225
    EPS in Rs₹-3.46₹-8.65₹-13.19₹14.58₹-3.26₹-8.47₹1.93₹0.33₹3.52₹2.87₹3.44₹3.52

    From company filings, updated 27 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days51

    -10 days since Mar 2021

    Cash Conversion Cycle51

    -10 days since Mar 2021

    Working Capital Days-123

    -412 days since Mar 2021

    Strengths, risks & growth

    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]

    Strengths

    • Company is almost debt free.
    • Company has delivered good profit growth of 19.4% CAGR over last 5 years
    • Company's median sales growth is 22.3% of last 10 years

    Risks

    • Stock is trading at 6.39 times its book value
    • Company has a low return on equity of -4.60% over last 3 years.
    • Earnings include an other income of Rs.771 Cr.

    Compounded Sales Growth

    10 Years
    +26%
    5 Years
    +25%
    3 Years
    +2%
    TTM
    +24%

    Compounded Profit Growth

    10 Years
    +9%
    5 Years
    +19%
    3 Years
    +34%
    TTM
    +670%

    Stock Price CAGR

    10 Years
    —
    5 Years
    —
    3 Years
    +23%
    1 Year
    +27%

    Return on Equity

    10 Years
    —
    5 Years
    -9%
    3 Years
    -5%
    Last Year
    +5%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    FII51.75%49.40%48.09%43.52%-4.57 pp
    DII20.32%23.08%24.87%29.51%+4.64 pp
    Government0.00%0.00%0.00%0.01%+0.01 pp
    Public27.91%27.51%27.04%26.96%-0.08 pp

    Filed with NSE for Sept 2026: promoters 0.00%, public 100.00% · XBRL filing

    Analysts & fund holdings

    77%
    77% recommend buy
    22 analysts cover the stock
    Valuation vs Interactive Media & Services
    P/E165.3 vs 33.3
    Sector P/B6.51
    Beta0.04

    Who holds the shares, quarter by quarter

    Mutual funds 21.17% (+3.23 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters0.0%
    • Foreign institutions43.5%
    • Mutual funds21.2%
    • Insurance6.2%
    • Other domestic institutions2.1%
    • Retail8.1%
    • Others18.9%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Motilal Oswal Midcap Fund3.20%8.64%+1.30 pp
    Motilal Oswal Large & Midcap Fund1.11%6.11%+2.32 pp
    Nippon India Growth Mid Cap Fund0.94%2.04%+0.51 pp
    Kotak Multi Cap Fund0.75%2.70%+2.70 pp
    Mirae Asset Large Cap Fund0.55%1.69%+0.33 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Low
    Profitability
    Avg
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    38.8%
    Downside volatility
    35.1%
    Worst 5% of days
    3.7%
    Average of that tail
    5.1%
    Max drawdown (1Y)
    29.9%
    Below its peak
    12.6%

    Against the market

    Beta vs Nifty 50
    1.52
    Correlation
    0.52
    Relative strength (3M)
    +33.9%
    ATR (14)
    3.8%

    Return

    Return 1M
    -10.9%
    Return 3M
    +28.6%
    Return 6M
    +39.1%
    Return 1Y
    +29.8%
    vs 200-day average
    +24.2%

    Momentum

    RSI (14)
    41.2
    MACD histogram
    -9.80
    Stochastic %K
    26.6
    ADX (14)
    24.7
    +DI / −DI
    14.7 / 32.1
    Money flow index
    35.0

    Participation

    Delivery (20d avg)
    43.4%
    vs its 60-day baseline
    +0.4 pts
    Volume vs 20-day
    -0.5σ
    Close vs day's VWAP
    +0.3%
    52-week position
    74 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    5 of 6 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — passed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — passed
    • Current ratio improving — failed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — passed
    • Asset turnover improving — passed
    Free cash flow
    -₹1,222 Cr
    FCF yield
    -1.2%
    Cash conversion
    -1.35
    Accruals ratio
    0.054
    Net debt
    -₹3,113 Cr
    Net debt / equity
    -0.19
    EV / sales
    11.19
    Capex intensity
    5.7%
    Revenue CAGR
    18.4%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Corporate actions

    No dividends, splits or bonuses recorded for this company yet.

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Earnings Conference Call for investors and analysts is scheduled to be held on Tuesday, October 27, 2026 to discuss the financial results of the Company for the quarter and half year ended ....

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Disclosure Under Regulation 29 And 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    One 97 Communications Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/10/2026 ,inter alia, to consider and approve Unaudited standalone ....

    Company Update
    Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    Proposed GST Demand on First Games reduced; Assessing Solutions under relevant provisions; No incremental impact on the Company.

    Company Update
    Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    Update on levy of MDR on select UPI P2M transactions.

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    Compliance Certificate pursuant to Regulation 74(5) of SEBI(Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    Allotment of 4,99,877 equity shares pursuant to exercise of stock options under One 97 Employees Stock Option Scheme 2019.

    Insider Trading / SAST
    Closure of Trading Window

    Disclosure under SEBI(Prohibition of Insider Trading) Regulations, 2015- Closure of Trading Window.

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Updates on Acquisition

    Disclosure under Regulation 30 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015.

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    Voting Results and Scrutinizers' Report of the 26th Annual General Meeting of One 97 Communications Limited.

    Company Update
    Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    Introduction of MDR on UPI P2M transactions above rupees two thousand.

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Proceedings of 26th Annual General Meeting of One 97 Communications Limited.

    Others
    Rumour verification - Regulation 30(11)

    Clarification regarding media report dated September 09, 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    Allotment of 4,74,714 equity shares pursuant to exercise of stock options under One 97 Employees Stock Option Scheme 2019.

    Company Update
    Dispatch Of Letter To Shareholders Whose E-Mail Addresses Are Not Registered With Company/ Registrar & Share Transfer Agent/ Depository Participant(S).

    Dispatch of letter to shareholders whose e-mail addresses are not registered with Company/Registrar & Share Transfer Agent/ Depository Participant (s).

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Advertisement regarding completion of dispatch of Notice of 26th Annual General Meeting of Members of the Company and the Annual Report for financial year 2025-26 along with other ....

    Filed with BSE (scrip 543396); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Regulatory orders

    • Settlement order

      Settlement Order in the matter of One97 Communications Limited

      8 May 2025
      Read on SEBI
    • Settlement order

      Settlement Order in the matter of One97 Communications Limited (Paytm)

      17 Jan 2025
      Read on SEBI

    Documents

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 21 Jul 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    One97 Communications: common questions

    Answered from the figures on this page.

    One97 Communications last traded at ₹1,654.70 (NSE, as of 26 Oct 2026). The last session moved it up 2.39%.

    One97 Communications is valued at about ₹1.06 lakh crore (NSE, as of 26 Oct 2026).

    One97 Communications trades at a price-to-earnings ratio of 165.30 (NSE, as of 26 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    One97 Communications has traded between ₹930.60 and ₹1,855.50 over the past 52 weeks, to 26 Oct 2026. It is currently 78% of the way up that range.

    One97 Communications (PAYTM) is classified under Tech on this site's screener.