One97 Communications Limited is a mobile Internet firm based in India. Paytm, a digital products and mobile commerce platform, is operated by this company. Payment, Commerce, Cloud, and Others are among the business categories of the company.
Paytm for the very first time posted a positive report on their earnings. Paytm continued to witness strong revenue momentum across businesses.
Based on the above information and data, we can see Paytm is improving as a company, and the day may not be far, when PayTM may start posting profits on their balance sheet. However, looking at the current market, do you think you should invest in Paytm or not?
Read on to learn more about the Paytm Share Price Target from 2024 to 2030.
What is Paytm?
Paytm, an Indian multinational fintech company headquartered in Noida, was established in 2010 by Vijay Shekhar Sharma under One97 Communications. It played a pivotal role in initiating India’s digital revolution and has since evolved into the country’s leading payment app.
With over 20 million merchants and businesses benefiting from its digital payment solutions, Paytm serves more than 300 million users for in-store payments, bill settlements, recharges, fund transfers, and entertainment bookings. Their mission is to integrate 500 million underserved Indians into the mainstream economy through innovative financial services and products.
The following platforms can be used to buy Paytm shares:
- Zerodha
- Upstox
- Groww
- AngelOne
- ICICIDirect
| When | Maximum Price | Minimum Price |
| May 2024 | 371.52 | 323.06 |
| June 2024 | 384.89 | 334.69 |
| July 2024 | 381.05 | 331.34 |
| August 2024 | 396.29 | 344.60 |
| September 2024 | 412.14 | 358.38 |
| October 2024 | 404.06 | 351.35 |
| November 2024 | 416.18 | 361.90 |
| December 2024 | 426.58 | 370.94 |
In 2024, One97’s share price is projected to rise steadily, reaching a peak of ₹426.58 in December, with monthly minimums consistently above ₹323.06, indicating strong market confidence.
| When | Maximum Price | Minimum Price |
| January 2025 | 435.12 | 334.70 |
| February 2025 | 446.27 | 343.29 |
| March 2025 | 463.68 | 356.67 |
| April 2025 | 454.59 | 349.68 |
| May 2025 | 441.35 | 339.50 |
| June 2025 | 461.21 | 354.77 |
| July 2025 | 452.16 | 347.82 |
| August 2025 | 466.15 | 358.57 |
| September 2025 | 482.46 | 371.12 |
| October 2025 | 495.01 | 380.77 |
| November 2025 | 507.38 | 390.29 |
| December 2025 | 520.07 | 400.05 |
| When | Maximum Price | Minimum Price |
| January 2026 | 535.67 | 412.05 |
| February 2026 | 549.40 | 422.62 |
| March 2026 | 570.83 | 439.10 |
| April 2026 | 559.64 | 430.49 |
| May 2026 | 543.34 | 417.95 |
| June 2026 | 567.79 | 436.76 |
| July 2026 | 556.65 | 428.20 |
| August 2026 | 573.87 | 441.44 |
| September 2026 | 593.96 | 456.89 |
| October 2026 | 609.40 | 468.77 |
| November 2026 | 624.63 | 480.49 |
| December 2026 | 640.25 | 492.50 |
| When | Maximum Price | Minimum Price |
| January 2027 | 653.05 | 502.35 |
| February 2027 | 669.80 | 515.23 |
| March 2027 | 695.92 | 535.32 |
| April 2027 | 682.28 | 524.83 |
| May 2027 | 662.40 | 509.54 |
| June 2027 | 692.21 | 532.47 |
| July 2027 | 678.64 | 522.03 |
| August 2027 | 699.63 | 538.18 |
| September 2027 | 724.11 | 557.01 |
| October 2027 | 742.94 | 571.49 |
| November 2027 | 761.52 | 585.78 |
| December 2027 | 780.55 | 600.43 |
| When | Maximum Price | Minimum Price |
| January 2028 | 796.16 | 612.43 |
| February 2028 | 816.58 | 628.14 |
| March 2028 | 848.43 | 652.63 |
| April 2028 | 831.79 | 639.84 |
| May 2028 | 807.56 | 621.20 |
| June 2028 | 843.90 | 649.16 |
| July 2028 | 827.36 | 636.43 |
| August 2028 | 852.94 | 656.11 |
| September 2028 | 882.80 | 679.07 |
| October 2028 | 905.75 | 696.73 |
| November 2028 | 928.39 | 714.15 |
| December 2028 | 951.60 | 732.00 |
| When | Maximum Price | Minimum Price |
| January 2029 | 970.64 | 746.64 |
| February 2029 | 995.52 | 765.79 |
| March 2029 | 1,034.35 | 795.65 |
| April 2029 | 1,014.07 | 780.05 |
| May 2029 | 984.53 | 757.33 |
| June 2029 | 1,028.84 | 791.41 |
| July 2029 | 1,008.66 | 775.89 |
| August 2029 | 1,039.86 | 799.89 |
| September 2029 | 1,076.25 | 827.89 |
| October 2029 | 1,104.24 | 849.41 |
| November 2029 | 1,131.84 | 870.65 |
| December 2029 | 1,160.14 | 892.41 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,183.34 | 910.26 |
| February 2030 | 1,213.68 | 933.60 |
| March 2030 | 1,261.02 | 970.01 |
| April 2030 | 1,236.29 | 950.99 |
| May 2030 | 1,200.28 | 923.29 |
| June 2030 | 1,254.29 | 964.84 |
| July 2030 | 1,229.70 | 945.92 |
| August 2030 | 1,267.73 | 975.18 |
| September 2030 | 1,312.10 | 1,009.31 |
| October 2030 | 1,346.22 | 1,035.55 |
| November 2030 | 1,379.87 | 1,061.44 |
| December 2030 | 1,414.37 | 1,087.98 |
Financial Condition of Paytm: Last 5 Years
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Sales | 3,050 | 3,115 | 2,667 | 3,892 | 6,028 |
| Expenses | 7,164 | 5,580 | 4,344 | 6,188 | 7,729 |
| Operating Profit | -4,114 | -2,465 | -1,677 | -2,296 | -1,701 |
| Other Income | 251 | -175 | 310 | 239 | 336 |
| Interest | 20 | 50 | 36 | 40 | 22 |
| Depreciation | 76 | 143 | 157 | 228 | 470 |
| PBT | -3,960 | -2,833 | -1,560 | -2,325 | -1,856 |
| Tax % | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -3,960 | -2,833 | -1,560 | -2,325 | -1,856 |
| EPS (Rs) | -688.20 | -468.78 | -257.93 | -35.85 | -29.28 |
Over the years from 2019 to 2023, One97 Communications exhibited a fluctuating financial performance. While sales witnessed an upward trend, reaching ₹6,028 crore in 2023 from ₹3,050 crore in 2019, operating profit showed a varied trajectory, improving from -₹4,114 crore in 2019 to -₹1,701 crore in 2023. The company experienced a positive shift in other income, growing from ₹251 crore in 2019 to ₹336 crore in 2023. Despite challenges reflected in negative earnings, the management’s strategic decisions are evident in a gradual reduction of losses, implying potential for future financial stability. The intricate interplay of these financial facets underscores One97’s dynamic journey toward profitability.
FAQS
As of 17th May 2024, the current Paytm share price is 344 INR.
What is Paytm’s current market capitalization?
As of now, One97 boasts a market capitalization of ₹21,894 crore.
Paytm’s share price target of 2025 is expected to trade in₹334.70 between to ₹520.07.
Paytm’s share price target of 2030 is expected to trade between ₹910.26 to ₹1,414.37.
For Further Reading:
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Is PayTm a profitable company?
PayTM is not a profitable company.
PayTM has experienced negative net profits in the given financial years, indicating that the company has not been consistently profitable during this period. The negative net profits recorded in each fiscal year suggest that the company’s expenses exceeded its sales revenue, resulting in overall losses.
Profit & Loss data for Paytm:
- March 2016: Net Profit of -1,510 crores
- March 2017: Net Profit of -880 crores
- March 2018: Net Profit of -1,490 crores
- March 2019: Net Profit of -3,960 crores
- March 2020: Net Profit of -2,833 crores
- March 2021: Net Profit of -1,560 crores
- March 2022: Net Profit of -2,325 crores
- March 2023: Net Profit of -1,856 crores
Paytm’s expenses and operating costs have outweighed its sales and other income, resulting in overall losses. Therefore, based on this data, Paytm has not been a profitable company in the given period.
Paytm’s share price is falling due to a combination of regulatory challenges, operational issues, and negative sentiments from a recent downgrade by Macquarie. The Reserve Bank of India’s action against Paytm Payments Bank has raised compliance concerns, and Macquarie’s downgrade, citing a serious risk of customer loss, has intensified selling pressure. Operational challenges in transferring customers and the winding down of its payments business contribute to the negative outlook. Macquarie’s revised financial projections, anticipating increased losses, further dampen investor confidence. Overall, these factors have led to a significant decline of approximately 45 percent in Paytm’s share price since the RBI’s order on January 31, 2024.
Investing in Paytm should be approached cautiously due to a mix of positive and negative factors. While the company has shown signs of improvement with a positive earnings report and market leadership in the Indian fintech space, it faces challenges such as regulatory issues, operational risks, and a recent downgrade by Macquarie. The brokerage’s revised loss estimates and lower valuation for Paytm’s loan distribution business add to the concerns. The share price targets for the coming years show fluctuations, indicating potential risks and rewards. Considering the uncertainties and negative sentiment, it’s advisable to carefully assess the situation and market conditions before making an investment decision. Consulting with a financial advisor is recommended for personalized advice based on individual financial goals and risk tolerance.
P.S. Not an investment advice. Only for educational purposes. We are not financial advisors.
What did we learn?
Not fully correct.Short term target till June is 865/= or 840/=. Shares are shunted like in loop lines and then rise again. Your predictions would be true if its profits in the next quarter decline.