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Business Standard
a day ago
- Business
- Business Standard
Paytm, Eternal surge up to 6%, stocks near 52-week highs
Paytm, Eternal shares price today: Shares of One97 Communications, the company that operates the Paytm brand, hit a 52-week high of ₹1,128.50, as they rallied 6 per cent on the BSE in Monday's intra-day trade. The stock price of the fintech company has surpassed its previous high of ₹1,128, touched on July 24, 2025. In the past month, the stock surged 24 per cent. Meanwhile, shares of Eternal, the parent company of food aggregator Zomato and quick-commerce firm Blinkit, were up 3 per cent to ₹310.40 in intra-day trade. The stock is quoting close to its record high level of ₹314.40, touched on July 24, 2025. Antfin offloads stake in Eternal, Paytm via open market On August 7, 2025, Antfin Singapore Holding offloaded a 1.46 per cent stake in Eternal (formerly Zomato) via block deals. The Chinese investor sold 141.3 million shares at a price of ₹289.91 per share, NSE bulk deal data shows. On August 5, 2025, Antfin (Netherlands) Holding B.V. sold its entire 5.84 per cent stake for around ₹4,000 crore. According to BSE bulk deals data, Antfin (Netherlands) Holding B.V. sold 18.64 million shares in two tranches. Antfin (Netherlands) Holding BV is the entity of the Chinese technology conglomerate Alibaba Group. Brokerages' view on Paytm, Eternal Yes Securities maintained an 'Add' rating on Paytm with a revised price target of ₹1,200. Management stated that the Payments business is already profitable on a standalone basis without merchant discount rate (MDR) on UPI and will be a large profitability driver when MDR-bearing form factors grow. Net payments margin is going to rise because of a rise in credit cards, EMI and loyalty points. Emkay Global Financial Services believes lenders' willingness to offer loans without a Default Loss Guarantee (DLG) is a testimony to the improved asset quality of the merchant loan portfolio. Paytm is executing well on acquiring merchants, leveraging its superior Soundbox products and distributing loans to them. With low penetration of loans, the brokerage firm sees a long growth runway for this business. Considering cash on books of ₹1,290 crore, the long growth runway for payments and financial services, and the various opportunities, the brokerage firm believes the risk-return is attractive. It retains a 'Buy' rating on the stock with a target price of ₹1,350.
United News of India
01-08-2025
- Business
- United News of India
MobiKwik suffers major loss in its financial services segment
New Delhi, Aug 1 (UNI) MobiKwik, an Indian Fintech company with specialization in mobile phone-based payment systems, suffered a major loss for the June Quarter. The net loss rose to Rs 41.9 crore, which is about six per cent more compared to the Rs 6.6 crore during the same period last year. The company pointed towards macroeconomic instability and a slowdown in unsecured lending space behind this significant loss. Additionally, the recent transition towards the default loss guarantee (DLG) model also affected profitability. Under the Default Loss Guarantee model, firms source loans for lenders and agree to cover the losses in case borrowers default. The company issued a letter to shareholders showing optimism regarding the comeback of gross margins in lending to near 40 per cent by the second half of FY26. The company stated in the letter, 'We have discontinued the smaller-ticket ZIP product due to macroeconomic challenges and a slowdown in that segment. However, we are seeing that this trend normalises and believe that Q4 FY25 marked the bottoming out phase.' UNI SAS PRS
India Today
23-07-2025
- Business
- India Today
From aspiration to achievement: Paytm's operational discipline powers profitability
India's leading full-stack merchant payments platform, Paytm, has received a significant vote of confidence from Dolat Capital, which has raised the stock's target price to Rs 1,400, up from Rs 1,200, while maintaining a strong 'Buy' new stock pricing implies that the Noida-based firm will be valued at 63-times of FY27-ended earnings. This revised valuation reflects the brokerage's positive view of Paytm's structural profitability journey, operating leverage, and robust performance in its core business revenue traction led by perfect operational execution amid cost optimisation initiatives was creditable. We believe that improvements in the credit cycle, sustained merchant additions, and the revival of 'Rent on Credit Card (CC)' will act as key growth levers,' said the analyst firm. Dolat Capital added that Q1FY26 marked the first quarter of profitability at both the EBITDA and PAT levels, achieved without any one-off elements or gains, underscoring the quality and sustainability of the analyst firm highlighted Paytm's efficient execution and disciplined cost control as key drivers behind its solid revenue momentum. It sees additional upside from improving loan market conditions, ongoing merchant acquisition, and renewed traction in credit card-based rent payments.'We believe that improvements in the credit cycle, sustained merchant additions, and the revival of 'Rent on CC' will act as key growth levers,' noted the brokerage Q1FY26, Paytm reported a PAT of Rs 123 crore and EBITDA of Rs 72crore, respectively. The company's operating revenue rose 28% YoY to Rs 1,918crore while the contribution profit increased 52% YoY to Rs 1,151 Cr with the contribution margin improving to 60%.Financial Services revenue grew 100% YoY to Rs 561 Cr, driven by continued expansion in merchant loans, trail revenue from Default Loss Guarantee (DLG) portfolio, and improved collection performance.- Ends
Time of India
23-07-2025
- Business
- Time of India
Paytm share price today: One 97 Communications stock up over 3%; fintech platform posts Rs 122 crore profit
The 28% year-on-year operational revenue growth was attributed to increased subscription-based merchants. Paytm share price today: One 97 Communications, Paytm's parent firm, saw its stock price increase by 3.5% on Wednesday, reaching a new 52-week peak of Rs 1,090 on BSE. The share price rise comes on the back of the company achieving a significant milestone by reporting a consolidated net profit of Rs 122.5 crore in Q1FY26, contrasting with its Rs 839 crore loss during the same period last year. The company's operational revenue showed substantial growth, increasing by 28% year-on-year to Rs 1,917 crore from Rs 1,502 crore in Q1FY25. The sequential growth remained modest at 0.3% compared to Rs 1,911 crore in Q4FY25, during which the company recorded a net loss of Rs 540 crore, according to an ET report. The 28% year-on-year operational revenue growth was attributed to increased subscription-based merchants, enhanced Gross Merchandise Value (GMV), and expanded revenue from financial services distribution. The contribution profit demonstrated strong performance with a 52% year-on-year increase to Rs 1,151 crore. The contribution margin reached 60%, showing a 10 percentage point improvement, primarily due to enhanced net payment revenue, increased financial services revenue share, and reduced direct expenses. The company achieved profitability with EBITDA at Rs 72 crore (4% margin) and PAT at Rs 123 crore. This positive performance was attributed to AI-driven operating efficiency, structured cost management, and increased other income, as stated in the company's filing. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 15 most beautiful women in the world Undo The organisation maintained a robust cash position of Rs 12,872 crore, providing financial flexibility to enhance merchant payment services, expand financial services distribution, and advance AI-driven innovations. Payment revenue showed a significant increase of 38% year-over-year, reaching Rs 529 crore, attributed to expanding premium subscription merchants and enhanced payment processing margins. Financial services distribution revenue doubled year-over-year to Rs 561 crore, supported by expanded merchant lending activities, increased trail revenue from Default Loss Guarantee (DLG) portfolio, and superior collection efficiency. The company, under Vijay Shekhar Sharma's leadership, stated its "undisputed leadership" in the merchant payments sector during the quarter, with 1.30 crore merchant device subscriptions spanning across MSMEs and enterprise payment merchants. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
India Today
23-07-2025
- Business
- India Today
Paytm posts Rs 123 crore profit in Q1: Is it a good time to buy the stock?
One97 Communications, the parent company of Paytm, reported a net profit of nearly Rs 123 crore for the quarter ended June 2025. This marks its first-ever quarterly profit across all major financial metrics, a significant milestone for the fintech player that has spent years trying to prove its business company's EBITDA stood at Rs 72 crore for the quarter, underlining a clear shift in the operating trajectory. The stock, however, slipped 1.60% to Rs 1,034.20 in early trade on the Bombay Stock Exchange, possibly due to profit-booking after a strong rally in recent the dip, brokerage houses are seeing long-term value. Brokerage firm JM Financial has maintained a 'Buy' rating on Paytm, with a target price of Rs 1,320 by June 2026. In its latest note, analyst Sachin Dixit highlighted that the company reported Rs 1,920 crore in revenue—a 4% increase over the previous quarter—along with a sharp rise in contribution margin to 60%, up 560 basis points to JM Financial, this margin expansion and improved operating leverage enabled Paytm to deliver its first-ever reported EBITDA and PAT profitability in the same quarter — a feat it believes signals a new phase of business maturity. The management's revised guidance of maintaining a mid-to-high 50s contribution margin (higher than earlier estimates of 54–56%) has further boosted Financial expects Paytm's profitability to scale sharply over the next two years, forecasting a net profit of Rs 1,450 crore by FY27, driven by high-margin financial services and monetisation opportunities like merchant discount rate (MDR) on UPI and a potential comeback of the Paytm Wallet. The brokerage values the stock at 40 times its projected FY27 adjusted EBITDA, reaffirming a bullish long-term to the results: the company said its turnaround has been powered by AI-led operational efficiencies, a rising share of financial services, and tighter control on from operations grew 28% year-on-year to Rs 1,918 crore, driven by a surge in subscription-paying merchants, stronger payment processing margins, and a steep rise in income from lending and credit-related services. Contribution profit jumped 52% year-on-year to Rs 1,151 crore, while contribution margin rose 10 percentage points to 60%, reflecting a healthier revenue payment revenue rose 38% to Rs 529 crore, aided by higher adoption of device-based payment subscriptions. Financial services revenue, on the other hand, doubled to Rs 561 crore, thanks to rising merchant loan volumes, stronger loan collections, and recurring trail income from its Default Loss Guarantee (DLG) now has a merchant base of 1.3 crore, and claims improved productivity of its sales team, along with falling hardware costs, helped it lower capital expenditure even as it expanded its network. The company closed the quarter with a cash reserve of Rs 12,872 crore, which it says provides ample runway for further growth in AI-led services and merchant ahead, Paytm believes the total addressable market is still under-penetrated. It estimates that over 10 crore merchants in India will accept digital payments in the coming years, and 40–50% of them may opt for subscription-based services. Management remains optimistic about sustaining and improving profitability through scale and sharper investors may want to weigh the sustainability of these gains. While the numbers are promising, the competitive landscape remains tough, with UPI still largely zero MDR, RBI regulations constantly evolving, and consumer preferences shifting fast.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)- Ends
