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1M Return
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Total Traded Value
Market Cap (in crs)
Face Value
Turnover (in lacs)
*All values are in ₹ Cr.
*All values are in ₹ Cr.
*All values are in ₹ Cr.
*All values are in ₹ Cr.
Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 |
---|---|---|---|---|
1659.5 Cr | 1501.6 Cr | 2267.1 Cr | 2850.5 Cr | 2518.6 Cr |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
---|---|---|---|---|
10524.7 Cr | 8400 Cr | 5264.3 Cr | 3186.8 Cr | 3540.7 Cr |
Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 |
---|---|---|---|---|
925.7 Cr | -838.8 Cr | -533.8 Cr | -217.9 Cr | -292.6 Cr |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
---|---|---|---|---|
-1384.7 Cr | -1764 Cr | -2350.5 Cr | -1627 Cr | -2886.4 Cr |
Period | Combined Delivery Volume | NSE+BSE Traded Volume |
---|---|---|
Day Rs | 1271152 Rs | 4210924 Rs |
Week Rs | 1888636 Rs | 8774566 Rs |
Month Rs | 2295678 Rs | 10724961 Rs |
Company | Market Price | Market Cap | 52W Low | 52W High |
---|---|---|---|---|
110885.78 | 4705 | 8656.3 | ||
9483.63 | 665.55 | 1248 | ||
14399.91 | 2230 | 3198.4 | ||
25440.42 | 998.2 | 1869.15 | ||
99350.97 | 725.25 | 2210 | ||
9762.43 | 1513 | 2747.85 |
One 97 Communications Ltd is a leading digital ecosystem provider for consumers and merchants, primarily known for its flagship brand, Paytm. Over the years, the company has evolved from offering value-added services (VAS) for mobile operators to becoming a digital payments and financial services giant in India.
Early Years (2000-2010)
One 97 Communications Ltd was incorporated as One 97 Communications Private Limited on December 22, 2000. Initially, the company focused on mobile value-added services (VAS). Over the years, the company introduced several innovations that laid the foundation for its future growth:
The company expanded aggressively through acquisitions and international ventures:
In 2010, One 97 Communications launched www.paytmonline.com, marking its foray into the consumer payments space. Over the next decade, Paytm evolved into one of India’s most trusted digital payment platforms. Key developments during this period include:
One 97 Communications expanded its geographic footprint to Southeast Asia, Africa, and Europe. The company’s strategy involved acquiring firms and forming partnerships to establish a presence in prepaid minutes-dominated markets. By 2021, the company had 32 subsidiaries, 6 joint ventures, and 3 associate companies, reflecting its vast operational scale.
In November 2021, One97 Communications launched the largest IPO in Indian capital market history, raising Rs 18,300 crore. The IPO comprised a fresh issue of Rs 8,300 crore and Rs 10,000 crore through offer for sale. Shares were priced at Rs 2,150 per share, and the IPO marked a significant milestone for the company, reflecting its market leadership in the digital payments space. The shares were listed on the BSE Ltd and the National Stock Exchange of India Ltd on November 18, 2021.
The company has continued to innovate and expand its offerings. In FY 2022-23, One97 Communications launched:
Revenue Growth One 97 Communications has experienced rapid revenue growth, particularly due to the surge in digital payments in India. Key revenue streams include:
Despite its revenue growth, the company has faced challenges in achieving profitability. High marketing and operational costs, intense competition, and regulatory hurdles have impacted the bottom line. However, with increasing adoption of digital payments and financial services, the company is optimistic about reaching profitability in the near future.
Paytm operates in a highly competitive space, with key competitors including PhonePe, Google Pay, and Amazon Pay.
PhonePe: A subsidiary of Walmart-owned Flipkart, PhonePe has a significant market share in UPI-based payments. It focuses primarily on peer-to-peer (P2P) payments and merchant transactions, much like Paytm.
Google Pay: Google’s payment service has rapidly gained popularity in India, offering a simple and user-friendly interface. However, Google Pay does not offer the extensive range of financial services that Paytm provides.
Amazon Pay: While Amazon Pay functions primarily as a payment method within the Amazon ecosystem, it has also expanded into UPI-based payments and bill payments.
Expansion in Financial Services Paytm’s future growth largely depends on its ability to scale its financial services offerings. It has already made significant inroads in lending, insurance, and wealth management, but faces stiff competition from traditional banks and other fintech companies.
Geographic Expansion The company has ambitious plans to expand in Southeast Asia, Africa, and Europe. However, regulatory complexities and market penetration challenges in these regions remain significant hurdles.
Innovation and Technology With the introduction of the Music Soundbox 3.0 and its indigenous technology platform, Paytm is positioning itself as a leader in technology-driven solutions for merchants and consumers alike. This focus on innovation will be critical for maintaining its competitive edge in the digital payments space.
One 97 Communications Ltd, through its brand Paytm, has become synonymous with digital payments in India. The company’s journey from offering VAS to becoming a fintech giant is a testament to its adaptability and innovation. While challenges remain, particularly in achieving profitability and navigating regulatory hurdles, Paytm’s diverse offerings and strong market presence make it a key player in India’s digital economy.
One 97 Communications Ltd shares are currently priced at 955.6 on NSE and 955.05 on BSE as of 12/10/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
The past 1-year return of One 97 Communications Ltd [PAYTM] share was 45.52. The One 97 Communications Ltd [PAYTM] share hit a 1-year low of Rs. 310 and a 1-year high of Rs. 1007.
The market cap of One 97 Communications Ltd is Rs. 60908.28 Cr. as of 12/10/2024 12:00:00 AM.
The PE ratios of One 97 Communications Ltd is 0 as of 12/10/2024 12:00:00 AM.
The PB ratios of One 97 Communications Ltd is 4.74 as of 12/10/2024 12:00:00 AM
The Mutual Fund Shareholding was 7.86% at the end of 12/10/2024 12:00:00 AM.
You can easily buy One 97 Communications Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.