Paytm (One97)

CHold

PAYTM · NSE · Large Cap · Payments / Tech

Payments / Tech

Fetching live…

₹1,020

1D 1.5%1M 8.0%1Y 78%

Fundamental (RQ-100)

Technical (TQ-100)

Valuation

Market cap

₹65.0K Cr

Live decision ratingDSell / Avoid

Fundamental score breakdown

18/100

Growth Quality

11.0 / 20

Rev 1Y -8.0%, 3Y CAGR 18.0%, 5Y CAGR 22.0%

Margin & Profitability

0.0 / 15

EBITDA -8.0%, PAT -5.0%

Return on Capital

0.0 / 20

ROCE -2.0%, ROE -8.0%

Cash Flow Quality

4.0 / 15

OCF/EBITDA 0.40

Leverage

9.0 / 10

ND/EBITDA 0.00

Reinvestment

5.0 / 8

Capex/Sales 2.0%

Accounting

2.0 / 7

Governance

4.0 / 5

Red flags (penalty)

-17.0 / 0

Technical score breakdown

59/100

Trend Structure

8.0 / 20

↓ 200 · ↓ 50 · ↓ 20

Momentum

15.0 / 15

1Y 78.0%, 1M 8.0%

Volume Dynamics

8.0 / 15

Vol30 —%

Relative Strength

13.0 / 15

1Y 78.0%

MA Cluster

5.0 / 10

Extension

5.0 / 10

—% from 50DMA

Volatility

4.0 / 8

Price Action

1.0 / 7

-100.0% from 52W H

Business

What this company actually does

Payments + commerce. Post-RBI restructuring rebuild.

Stores

—

Dark stores

—

Cities

—

Listed status

Listed

Format exposure

How direct is this play?

Primary formatPayments / Tech

Exposure typeMeaningful

Revenue visibilityLow

Operating leverage stageInvestment

Policy beneficiary1 mapped

Data confidenceMedium

Financial snapshot

Live · green dot = live, falls back to curated

Revenue

₹9.8K Cr

Rev 1Y growth

-8%

Rev 3Y CAGR

18%

EBITDA margin

-8.0%

PAT margin

-5.0%

ROE

-8%

ROCE

-2%

OCF/EBITDA

0.40

Net Debt/EBITDA

0.0

Financial statements

Multi-year P&L, balance sheet, cash flow — scraped live from Screener.in

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Valuation

Live multiples + retail-specific (curated)

P/E

—

Forward P/E

—

EV/EBITDA

—

EV/Sales

6.5

P/B

5.0

FCF Yield

—

Mid-range valuation. Watch incremental ROCE.

Policy beneficiary

Regulations that move the P&L

Open Network for Digital Commerce (ONDC)

ONDC participation for commerce flow

Positive

+20 bps

Investment thesis

AI-generated · always cite sources before acting

Bull

Long-runway TAM with structural tailwinds.

Base

Earnings growth of ~20% over the next 3 years assuming margins hold. Multiple compression risk if growth slows; multiple expansion possible if Payments / Tech GMV outperforms.

Bear

Capital efficiency below cost of capital. Format-level risk: regulation, gig-cess, or competitive pressure compress contribution margin.

Variant perception

Consensus views Paytm (One97) as a challenged player. Our differentiated take: the current multiple already prices in mid-cycle outcomes.

Key monitorables

Quarterly EBITDA margin trajectory
Revenue growth vs management guidance
Capex vs store/dark-store adds
Promoter holding and ESOP dilution

Peers

Same primary format · sorted by market cap