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.
PayTM Q3 FY24 Results Highlight
- One97 Communications, the parent company of Paytm, reported its Q3 FY24 financial results.
- Consolidated revenue surged by 38% year-on-year to ₹2,850 crore, driven by growth during the festive season.
- Despite market challenges, losses narrowed to ₹222 crore, a significant improvement from the previous fiscal year.
- Paytm’s payment business flourished, with revenue growing by 45% year-on-year, fueled by increased gross merchandise value (GMV) and higher subscription revenue.
- Total loans disbursed amounted to ₹15,535 crore, reflecting a 63% increase year-on-year, albeit slightly lower than the previous quarter due to the impact of post-paid loan adjustments.
- The company remains focused on optimizing its loan portfolio and aims for EBITDA breakeven by FY25, highlighting its commitment to sustainable growth and profitability in the fintech sector.
The following platforms can be used to buy Paytm shares:
- Zerodha
- Upstox
- Groww
- AngelOne
- ICICIDirect
| When | Maximum Price | Minimum Price |
| April 2024 | 407.00 | 353.91 |
| May 2024 | 400.99 | 348.68 |
| June 2024 | 415.42 | 361.24 |
| July 2024 | 411.27 | 357.62 |
| August 2024 | 427.72 | 371.93 |
| September 2024 | 444.83 | 386.81 |
| October 2024 | 436.10 | 379.22 |
| November 2024 | 453.55 | 394.39 |
| December 2024 | 458.08 | 398.33 |
In April 2024, Paytm is expected to witness a maximum price of 407.00 and a minimum price of 353.91. As the months progress, a consistent upward trend is anticipated, with May seeing a maximum of 400.99 and a minimum of 348.68, and June showcasing further growth with a maximum of 415.42 and a minimum of 361.24. By December 2024, Paytm is projected to reach its peak for the year, with a maximum price of 458.08 and a minimum of 398.33, reflecting sustained growth throughout the year.
| When | Maximum Price | Minimum Price |
| January 2025 | 458.54 | 352.72 |
| February 2025 | 464.46 | 353.43 |
| March 2025 | 469.11 | 360.85 |
| April 2025 | 459.91 | 353.78 |
| May 2025 | 446.52 | 343.47 |
| June 2025 | 466.61 | 358.93 |
| July 2025 | 457.46 | 351.89 |
| August 2025 | 471.61 | 362.78 |
| September 2025 | 477.27 | 367.13 |
| October 2025 | 489.68 | 376.67 |
| November 2025 | 501.92 | 386.09 |
| December 2025 | 524.50 | 403.46 |
Throughout 2025, Paytm is expected to experience a consistent upward trend in both maximum and minimum prices. Starting from January with a maximum of 458.54 and a minimum of 352.72, the prices are forecasted to steadily increase month by month. By December 2025, Paytm is projected to reach its highest point for the year, with a maximum price of 524.50 and a minimum of 403.46. This trajectory reflects sustained growth and positive market sentiment surrounding Paytm throughout the year.
| Year | Maximum Price | Minimum Price |
| 2026 | ₹677.64 | ₹484.35 |
| 2027 | ₹875.41 | ₹552.79 |
| 2028 | ₹1,005.57 | ₹752.79 |
| 2029 | ₹1,303.52 | ₹651.76 |
| 2030 | ₹1,694.58 | ₹1,186.21 |
In the years ahead, One97 shares are expected to show significant growth. In 2026, the projected maximum price is ₹677.64, with a minimum of ₹484.35. This upward trend continues, with 2027 anticipating a maximum of ₹875.41 and a minimum of ₹552.79, followed by 2028 with ₹1,005.57 (max) and ₹752.79 (min). In 2029, projections indicate a maximum of ₹1,303.52 and a minimum of ₹651.76. The upward trajectory culminates in 2030, foreseeing One97 shares reaching a maximum of ₹1,694.58, with a minimum of ₹1,186.21.
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 1st April 2024, the current Paytm share price is 403 INR.
What is Paytm’s current market capitalization?
As of now, One97 boasts a market capitalization of ₹25,629 crore.
Paytm’s share price target of 2025 is expected to trade in₹343.47 between to ₹524.50.
Paytm’s share price target of 2030 is expected to trade between ₹1,186.21 to ₹1,694.58.
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.