One 97 Communications share price
NSE: PAYTMBSE: 543396Financial Technology (Fintech)Mid Cap
One 97 Communications Limited · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Nov 2021 · Issue price ₹2,150
Last close ₹1,601.60down ₹53.10 (3.21%)BSE ₹1,604.00
Share price at the NSE close on 27 Oct 2026. Previous close ₹1,654.70.
27 Oct: open ₹1,670.00, high ₹1,687.70, low ₹1,597.50
52-week range of traded prices to 27 Oct 2026
₹930.60Low, 30 Mar 2026₹1,855.50High, 16 Sep 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹1,02,760 Cr146th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 120.19
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 6.19
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 5.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 1.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 60,41,19134.4% delivered
About One 97 Communications
One 97 Communications Limited, known as Paytm, runs a payments and financial services distribution business in India.12 Consumers use its app for UPI (India's instant bank-to-bank payment system) payments, bill payments, recharges and money transfers, and merchants use its QR codes, Soundbox devices (small speakers that announce each payment), card machines and online payment gateway to accept payments.3 It also distributes loans, insurance, equity broking and mutual funds.4
Its revenue comes from payment services, distribution of financial services and marketing services.5 Merchant payments run mainly through its wholly owned subsidiary Paytm Payments Services Limited, equity broking and mutual funds through Paytm Money Limited, and insurance broking through Paytm Insurance Broking Private Limited.34 Partner lenders make the loans and keep them on their own balance sheets, while the company brings them insights on merchants and consumers, and collections.6 It serves all states and union territories of India, and its subsidiaries in the UAE, Singapore and Indonesia are taking its merchant payments and financial services technology to those markets.78
It was incorporated in 2000.9 In the year to Mar 2026 it bought the remaining stakes in several group companies, making them wholly owned subsidiaries to simplify its group structure.10
The company has no identified promoter, and no shareholder controls it.11 Its founder, Vijay Shekhar Sharma, is chairman, managing director and chief executive officer.1213 Domestic investors held 50.3% of the shares at 31 Mar 2026, which made it an Indian owned and controlled company under India's foreign investment rules.14
One 97 Communications key points
Results
- Consolidated revenue from operations was ₹2,448 crore in the quarter to Jun 2026, up 28% from a year earlier. EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹203 crore, up 182%, its highest for any quarter.1516
- Consolidated revenue from operations was ₹8,437 crore in the year to Mar 2026, up 22%. EBITDA was ₹502 crore, a 6% margin, against a negative ₹1,507 crore a year earlier.1718
- Consolidated profit after tax was ₹552 crore in the year to Mar 2026, its first full year of profit, against a loss of ₹663 crore a year earlier.19
- Profit for the year to Mar 2026 includes a one-time ₹190 crore charge to fully impair a loan to joint venture First Games Technology; the year before, a ₹1,345 crore gain on selling the entertainment business and a ₹522 crore charge for faster employee stock option vesting.20
Market position
- Its consumers made UPI payments worth ₹5.9 lakh crore in the quarter to Jun 2026, up 45%, against 20% growth for UPI across India, by its estimates.21
- Monthly transacting users were 8 crore, 60 lakh more than a year earlier, and the company says it gained consumer payment market share for 5 consecutive quarters.2122
Business segments
- Consolidated revenue by segment16
Item quarter to Jun 2026 Payment services ₹1,384 crore Distribution of financial services ₹814 crore Marketing services ₹239 crore Other operating revenue ₹11 crore - Payment services. It earns a payment processing margin (revenue less processing charges) and subscription revenue. Merchant payment value was ₹7.1 lakh crore in the quarter, up 31%, and 1.57 crore merchants were on subscription plans.2324
- Distribution of financial services. Revenue comes mainly from loan distribution and rose 45% from a year earlier. Key financial services customers (consumers and merchants who have used its financial services) were 7.6 lakh, up 34%; repeat borrowers took more than 50% of merchant loan disbursements.2325
International expansion
- On 2 Jul 2026, its subsidiary Paytm Europe Payments S.A. received a payment institution licence from Luxembourg's financial regulator, the CSSF, covering payment transactions and merchant acquiring.26
- On 13 Feb 2026, UAE subsidiary Paytm Arab Payments became 51% owned, after issuing 49% of its shares to an investment vehicle of Mohamed Ali Rashed Alabbar.27
- In its presentation of 20 Jul 2026, the company said it has partnered in Indonesia with financial technology company Flip and Flip's subsidiary DTK, which holds a merchant acquiring licence; it said it would provide devices and technology, and Flip local operations.28
Customers and partners
What the company expects
- The company said in its earnings release of 20 Jul 2026 that it has better visibility of an EBITDA margin of 15-20% over the next 2 to 3 years.31
- The company said in its earnings release of 20 Jul 2026 that it expects Paytm Postpaid (a credit line on UPI) to contribute to revenue and EBITDA from the year to Mar 2028.32
- In its exchange filing of 20 Jul 2026, the company said it proposed spending its remaining ₹1,686 crore of IPO money on new businesses, acquisitions or its ecosystem until 31 Mar 2029, subject to a shareholder vote on 15 Sep 2026; no outcome is given.333435
Recent events
- On 24 Apr 2026, the Reserve Bank of India cancelled the licence of associate Paytm Payments Bank Limited; the next day, the bank's board and shareholders approved resolutions to enable its winding up. The company's investment had been fully written down by 31 Mar 2024.3637
- Subsidiary Paytm Payments Services Limited was authorised as a payment aggregator (a firm licensed to collect payments for merchants) on 26 Nov 2025, and for offline and cross-border payments on 17 Dec 2025.38
Litigation and regulatory matters
- SEBI, the market regulator, sent the company's key managerial personnel a show cause notice (a formal query) dated 11 Aug 2026 over the timing of a disclosure on its 6 Dec 2023 announcement and its classification as unpublished price sensitive information; no outcome is given.39
- An Enforcement Directorate show cause notice of 27 Feb 2025 alleged foreign exchange breaches in acquiring subsidiaries Little Internet and Nearbuy. The Reserve Bank of India compounded (settled for a fee) the Nearbuy matter for about ₹4.28 lakh in the quarter to Dec 2025.4041
- On 2 Feb 2026, the Reserve Bank of India set a ₹18.76 lakh fee for the Little Internet matter; the company said on 3 Feb 2026 the matter would be disposed once paid, and no later outcome is given.41
Last updated
All 41 sources, each with its page
- 1. Investor presentation, 20 Jul 2026, page 17
- 2. Annual report, 21 Aug 2026, page 2
- 3. Annual report, 21 Aug 2026, page 53
- 4. Annual report, 21 Aug 2026, page 55
- 5. Annual report, 21 Aug 2026, page 56
- 6. Annual report, 21 Aug 2026, page 65
- 7. Annual report, 21 Aug 2026, page 136
- 8. Annual report, 21 Aug 2026, page 66
- 9. Annual report, 21 Aug 2026, page 2
- 10. Annual report, 21 Aug 2026, page 67
- 11. Annual report, 21 Aug 2026, page 31
- 12. Annual report, 21 Aug 2026, page 50
- 13. Annual report, 21 Aug 2026, page 48
- 14. Annual report, 21 Aug 2026, page 68
- 15. Investor presentation, 20 Jul 2026, page 3
- 16. Investor presentation, 20 Jul 2026, page 13
- 17. Annual report, 21 Aug 2026, page 65
- 18. Annual report, 21 Aug 2026, page 59
- 19. Annual report, 21 Aug 2026, page 60
- 20. Annual report, 21 Aug 2026, page 60
- 21. Investor presentation, 20 Jul 2026, page 5
- 22. Investor presentation, 20 Jul 2026, page 3
- 23. Annual report, 21 Aug 2026, page 57
- 24. Investor presentation, 20 Jul 2026, page 4
- 25. Investor presentation, 20 Jul 2026, page 6
- 26. Investor presentation, 20 Jul 2026, page 9
- 27. Annual report, 21 Aug 2026, page 68
- 28. Investor presentation, 20 Jul 2026, page 9
- 29. Exchange filing, 16 Apr 2026, page 1
- 30. Exchange filing, 16 Apr 2026, page 4
- 31. Investor presentation, 20 Jul 2026, page 11
- 32. Investor presentation, 20 Jul 2026, page 5
- 33. Exchange filing, 20 Jul 2026, page 1
- 34. Annual report, 21 Aug 2026, page 31
- 35. Annual report, 21 Aug 2026, page 2
- 36. Annual report, 21 Aug 2026, page 91
- 37. Annual report, 21 Aug 2026, page 66
- 38. Annual report, 21 Aug 2026, page 66
- 39. Exchange filing, 12 Aug 2026, page 1
- 40. Annual report, 21 Aug 2026, page 91
- 41. Exchange filing, 3 Feb 2026, page 1
Results
Consolidated; ₹ crore.One 97 Communications quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +23.8%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- –
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹2,648 Crup 8.17%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹225 Crup 2.27%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 8.5%
Revenue by quarter
Peak revenue ₹2,648 Cr, quarter to Sep 2026; lowest ₹1,828 Cr, quarter to Dec 2024
Net profit by quarter, a loss in red
- Net profit
- Loss
A loss in 2 of the 8 quarters shown
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,828 | 1,912 | 1,918 | 2,061 | 2,194 | 2,264 | 2,448 | 2,648 |
| Net profit | −209 | −545 | 123 | 21 | 225 | 183 | 220 | 225 |
| Net margin | −11.4% | −28.5% | 6.4% | 1.0% | 10.3% | 8.1% | 9.0% | 8.5% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹8,437 Crup 22.27%
- Net profitNet profit. Under it, net profit in the year before. A change in per cent is not worked out where either period is a loss or nothing.
- ₹552 CrYear to Mar 2025: −₹663 Cr
- Net margin
- 6.5%
Revenue by year
Peak revenue ₹9,978 Cr, year to Mar 2024; lowest ₹4,974 Cr, year to Mar 2022
Net profit by year, a loss in red
- Net profit
- Loss
Back to profit in the year to Mar 2026, ₹552 CrA loss in 4 of the 5 years shown
| ₹ crore | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 4,974 | 7,990 | 9,978 | 6,900 | 8,437 |
| Net profit | −2,396 | −1,777 | −1,422 | −663 | 552 |
| Net margin | −48.2% | −22.2% | −14.3% | −9.6% | 6.5% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Refer segment note, which carries all its revenue.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.One 97 Communications PE ratio and valuation
Price to book
At or below today's level on 95% of 1,099 trading days since May 2022.
LowestHighest
Its median3.68Industry median3.01
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +22.4% | – | – | 0.0% |
| 3 years | +14.6% | – | – | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Mutual fund holdings
343 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 115 of the 209 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.All 343 funds holding One 97 Communications
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 9
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 11
- AddedAdded. Funds that held more shares than at the end of the month before.
- 109
- CutCut. Funds that held fewer shares than at the end of the month before.
- 100
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 111
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 12
| Fund | |||
|---|---|---|---|
 Motilal Oswal Midcap FundMotilal Oswal Mutual Fund | 2,07,08,902 | 8.64% | ₹3,475.0 Cr |
| Motilal Oswal Large and Midcap FundMotilal Oswal Mutual Fund | 72,17,916 | 6.11% | ₹1,211.2 Cr |
 Nippon India Growth Mid Cap FundNippon India Mutual Fund | 61,00,000 | 2.04% | ₹1,023.6 Cr |
 Kotak Multi Cap FundKotak Mahindra Mutual Fund | 48,85,653 | 2.70% | ₹819.8 Cr |
 Mirae Asset Large Cap FundMirae Asset Mutual Fund | 35,78,156 | 1.69% | ₹600.4 Cr |
 Bandhan Large & Mid Cap FundBandhan Mutual Fund | 32,06,566 | 2.61% | ₹538.1 Cr |
 SBI Contra FundSBI Mutual Fund | 27,49,563 | 1.02% | ₹461.4 Cr |
| Kotak Arbitrage FundKotak Mahindra Mutual Fund | 25,54,900 | 0.57% | ₹428.7 Cr |
| Mirae Asset Large & Midcap FundMirae Asset Mutual Fund | 23,96,008 | 0.94% | ₹402.1 Cr |
| Kotak Equity Savings FundKotak Mahindra Mutual Fund | 22,42,967 | 3.60% | ₹376.4 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 28 Oct 2025.One 97 Communications insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade · 3 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
One 97 Communications competitors and peers
Financial Technology (Fintech), 15 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to One 97 Communications in market cap.Finance companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 PB FintechPOLICYBZR | 46,664 | 62.37 | 6.38 | +38.0% | +98.3% | 10.9% | 6.4% | 0.00% |
 Pine LabsPINELABS | 17,759 | 139.52 | 3.01 | – | – | 2.2% | 2.1% | 0.00% |
| MoneyviewMONEYVIEW | 8,777 | – | – | – | – | – | – | 0.00% |
 Manipal Payment and Identity SolutionsMPIMANIPAL | 7,013 | – | – | – | – | – | – | 0.00% |
 Seshaasai TechnologiesSTYL | 5,116 | 19.42 | 3.59 | – | – | 18.5% | 23.4% | 0.79% |
 AvenuesAICCAVENUE | 4,232 | 14.40 | 0.89 | +110.2% | +35.6% | 6.9% | 5.4% | 0.00% |
 Network People Services TechnologiesNPST | 3,519 | 78.75 | 7.99 | – | – | 16.4% | 9.6% | 0.12% |
 One Mobikwik SystemsMOBIKWIK | 1,708 | – | 3.17 | +2.7% | – | −2.2% | −0.6% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.One 97 Communications announcements
Oct 2026
26 Oct · General Updates
26 Oct · Business
26 Oct · Board meeting
26 Oct · General Updates
One 97 Communications share price by year
Each calendar year to 2025.One 97 Communications share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 1,298.90 | +27.6% | 1,367.80 | 665.25 |
| 2024 | 1,017.85 | +60.2% | 1,020.90 | 317.15 |
| 2023 | 635.45 | +19.7% | 987.65 | 513.40 |
| 2022 | 531.00 | −60.2% | 1,339.80 | 441.10 |
| 2021 | 1,334.55 | – | 1,798.75 | 1,304.00 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 18 Nov 2021.
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 1,609.50 | 1,662.40 | 1,582.40 | 1,654.70 | 1,633.04 | 27,51,631 | 42.9% |
| 23 Oct 2026 | 1,660.50 | 1,660.50 | 1,585.00 | 1,616.10 | 1,610.76 | 22,96,912 | 48.3% |
| 22 Oct 2026 | 1,655.60 | 1,671.80 | 1,635.00 | 1,661.40 | 1,657.72 | 20,97,663 | 48.2% |
| 21 Oct 2026 | 1,678.20 | 1,696.80 | 1,644.00 | 1,670.00 | 1,662.89 | 17,44,063 | 44.1% |
| 19 Oct 2026 | 1,693.50 | 1,717.00 | 1,674.10 | 1,685.80 | 1,696.58 | 13,74,419 | 37.6% |
| 16 Oct 2026 | 1,712.30 | 1,719.00 | 1,692.90 | 1,693.50 | 1,704.06 | 15,67,241 | 46.3% |
| 15 Oct 2026 | 1,713.90 | 1,723.50 | 1,688.00 | 1,712.30 | 1,707.89 | 27,33,051 | 45.8% |
| 14 Oct 2026 | 1,718.50 | 1,736.70 | 1,701.60 | 1,712.40 | 1,715.62 | 38,04,498 | 44.0% |
| 13 Oct 2026 | 1,672.50 | 1,715.00 | 1,571.00 | 1,715.00 | 1,654.30 | 92,32,423 | 21.2% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Buyback history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 2 Feb 2024 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for. |
Each event is noted and not adjusted for.
Company details
- NSE symbol
- PAYTM
- BSE code
- 543396
- ISIN
- INE982J01020
- Industry
- Financial Technology (Fintech)
- Website
- www.paytm.com
- CIN
- L72200DL2000PLC108985
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2000
- Registered office
- Devika Tower, First Floor, Nehru Place, New Delhi 110019, Delhi
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
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