₹1784.6
-0.91% today
· 30d +9.29%
as of 2026-11-09
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 2026-09-30
REVENUE
₹2648 Cr
+28.48% YoY
NET PROFIT
₹225 Cr
+971.43% YoY
OPM
15.97%
+0.07pp YoY
EPS
₹3.52
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
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
53
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
STRONG
90
Valuation
STRETCHED
5
Growth
STRONG
78
Profitability
DECENT
52
Technicals
NEUTRAL
65
Risk
ELEVATED
30
Key Stats
TTM PE
132.2
P/B
4.53
52W HIGH
₹1855.5
OFF HIGH
-3.82%
MKT CAP
₹113904 Cr
◉ Active Signals
MACDBullish16.4276
RSI(14)Bullish60.47
Near 52W HighBullish-3.82
Street Consensus
19 analysts₹1362.21
mean target
Low ₹1000.0Now ₹1784.6High ₹1600.0
⧉ Strategy Fit 🔒