ftInvstr
PAYTM · Technology ₹1665.0 +1.97% Mkt Cap ₹106271 Cr

PAYTM

Technology Software - Infrastructure
₹1665.0
+1.97% today · 30d +15.38%
as of 2026-09-04
Price · Daily Candles
“Paytm's Profit Soars by 129% YoY, Yet FIIs Trim Holdings Amidst Stretched Valuation.”
Paytm, with a market cap of ₹72,443 Cr, reported a significant turnaround in profitability, with quarterly operating profit surging 129.29% YoY to ₹310 Cr. Annual revenue also saw a healthy 22.27% growth to ₹8,437 Cr. However, its TTM PE of 132.2 is considerably elevated, and the company remains free-cash-flow negative at -₹1,222 Cr.
BULL CASE
+Operating profit for Q4 2026 jumped 129.29% YoY to ₹310 Cr, driven by an improved OPM of 12.69%.
+Annual revenue for FY26 grew by 22.27% YoY to ₹8,437 Cr, indicating strong top-line momentum.
+Sales growth predictions show a strong outlook with 1-year sales growth ranked at 0.906 (strong) for a stable 7-year period and 0.803 (strong) for a rolling 4-year period.
+DIIs increased their stake by 2.76 percentage points QoQ to 23.08% as of Q4 2026.
BEAR CASE
The stock trades at a high TTM PE of 132.2, significantly above peers like OFSS (PE 32.6) and KPITTECH (PE 33.52).
FIIs reduced their stake by 2.36 percentage points QoQ, bringing their holding down to 49.4% in Q4 2026.
Despite growth, the company remains FCF negative with a current FCF of -₹1,222 Cr, translating to a -1.69% FCF yield.
Its ROCE of 5.0% is low, especially compared to peers such as OFSS (37.91%) and KPITTECH (43.18%).
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹2448 Cr
+27.67% YoY
NET PROFIT
₹220 Cr
+79.59% YoY
OPM
14.64%
+0.15pp YoY
EPS
₹3.44
PE 132.2
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-1.1% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
Compared to sector peers like OFSS (PE 32.6, ROCE 37.91%) and KPITTECH (PE 33.52, ROCE 43.18%), Paytm stands out with a significantly higher TTM PE of 132.2 and a much lower ROCE of 5.0%.
PEERPEROCE %
PAYTM132.25.0
OFSS32.637.91
KPITTECH33.5243.18
FRACTAL57.2917.87
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒

9 ML-predicted forward-growth ranks across sales, EBIT, and FCF.

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51
SCORE / 100
Overall
6-axis composite of the sections below.
Performance STRONG 90
Valuation STRETCHED 5
Growth STRONG 78
Profitability AVERAGE 42
Technicals NEUTRAL 63
Risk ELEVATED 30
Key Stats
TTM PE
132.2
P/B
4.53
52W HIGH
₹1732.3
OFF HIGH
-3.89%
MKT CAP
₹106271 Cr
◉ Active Signals
MACDNeutral-12.3822
RSI(14)Bullish62.54
Near 52W HighBullish-3.89
Street Consensus
19 analysts
₹1362.21
mean target
Low ₹1000.0Now ₹1665.0High ₹1600.0
⧉ Strategy Fit 🔒

See which of ftInvstr's 50+ strategies hold PAYTM and at what entry.

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