* Ratio is calculated based on latest financial & current share price.
(All Amount in INR Millions)
(All Amount in INR Millions)
(All Amount in INR Millions)
Paytm is an Indian Fintech company that provides mobile payment and e-commerce services. It is the first of its kind and the leading mobile payment application in India. Paytm offers mobile recharges, money transfers through wallets, bank accounts via UPI, and tickets for movies, buses, railways, etc. Established in 2010 under the parent company One97 Communications, the Fintech giant has expanded its services to loans, virtual credit cards, and insurance making Paytm shares a great choice for investors.
The company was founded for mobile, and DTH recharged and added new services to its list. Today, it has more than 450 million registered users and 39 million active users. Paytm continued to grow and recorded a growth percentage of 77 in its revenue in 20 Rs. This fascinating company background makes it essential to speculate on Paytm share price.
The past year saw a steep decrease in the share prices of all the companies. However, Paytm has started to climb again after a year of only a downward journey—the share price hovers around 630 of the current price.
The company showed an overall performance on the share market in recent weeks. Paytm outperformed its CAGR over the three years. Debt-free, with enough cash reserve to correct any liabilities, and rising shares are the aspects that make Paytm shares attractive to its investors.
630.00 | Pr. Close | Open | High | Low | Close |
0.50% | 626.85 | 624.75 | 633.60 | 621.10 | – |
Paytm share price NSE holds at Rs. 630 on February 20, 2023.
In the NSE, Paytm shares grew at an estimated rate of 80% for the year 2023. The Relative Strength Index stood at 66, indicating an equilibrium position in the stock market. Its operating profitability and growth margin will improve and are expected to push its share price for the next quarter. Despite the ongoing challenges and changes in business strategy, Paytm has shown 12% year-on-year growth and is likely to scale stock value more to attract investors.
Paytm has outlined future plans to expand credit distribution, focusing on high-ticket loans for consumers and merchants. This new loan distribution will help Paytm to face the recent challenges created by loan defaults. However, Paytm plans to edge the high ticket loan from Rs. 3 lakh to Rs. 7 lakh.
Paytm has been India’s leading payments player, and it is continuing to increase the momentum for credit and margin expansion to scale up profitability following market expectations.
Amidst the economic downfall and slowdowns, Paytm continued to show hope, and now the investors are upvoting it thanks to the confident analyst meeting. The company’s management elaborated on the business model, recent overview and trend, and its goal to accomplish its EBITDA target by September 2023. The experts predicted Paytm shares might be valued at Rs. 1285 in the future.
The company recorded a high growth in revenue in the last financial year and is expected to keep growing. These reasons make Paytm unlisted shares an excellent reason to buy.
Analysts and financial experts believe that Paytm will overcome the recent decline trends and bounce back in the market after business developments. The company is focusing on collaboration with banks and NBFCs to improve the quality of loans distributed through the platform. It currently has 7 lending partners for financing and aims to onboard 3-4 new investors by 2024.
Paytm’s consolidated loss shrunk from Rs. ₹761.4 crores to ₹168.4 crores in FY 2023. Additionally, the company attracts high subscription revenue, growth in loans, and increased UPI users, improving the overall outlook.
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