One 97 Communications

Quick check

The five things to look at first. Open one for more.

• DebtA lenderBorrowing and lending money is this company's business, so its debt is not compared to its net worth.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 28% and profit rose 79% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• ValuationNormal for this stockThe share trades at 125 times its yearly earnings (P/E), cheaper than 52% of the time in the last 1 years. Its usual P/E is about 130.

One 97 Communications against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)125 against a typical 57.4: pricier than most peers (1st = cheapest).10th of 13
• Sales growth+27.6% against a typical +24.2% from a year earlier.5th of 12
• Profit growth+78.9% against a typical +73.2% from a year earlier.4th of 8
• Share price, 3 months+22.7% against a typical −12.2%.1st of 13
• Size₹ 1,03,427.2 Cr. market value against a typical ₹ 3,381 Cr. (1st = largest).1st of 13

Exchange filings and their impact on the company.

• 26 Oct 2026Outcome of Board MeetingHigh impactVery positivePrice −3.2% on 27 Oct
  Strong Q2 beat plus new MDR tailwind points to ~25% revenue growth and sharply higher profit over next year.

  Paytm reported Q2 FY27 consolidated revenue of Rs 2,648 crore, up 28% year-on-year, with net profit of Rs 225 crore versus Rs 21 crore last year, and H1 revenue of Rs 5,096 crore. The board also guided to a 2.5 bps uplift in payments processing margin from upcoming NPCI MDR on large UPI payments, approved up to Rs 500 crore funding for overseas expansion via subsidiaries, and expanded loan-distribution guarantees by Rs 320 crore. Together this signals sustained profitable growth with an extra high-margin payments tailwind stabilizing over 2-3 quarters.

  Full analysisFiling
• 13 Oct 2026Effect(s) on listed entity due to changed regulatory framework applicableMedium impactPositivePrice +1.5% that day
  UPI MDR confirmed but pushed to after Diwali, still adding new high-margin revenue for most of the next 12 months.

  Paytm said NPCI has deferred MDR on select UPI person-to-merchant transactions until after Diwali, with the start date to be notified separately. This follows NPCI's September 15 circular allowing MDR on select P2M UPI payments. The delay shifts collection by a few weeks but confirms a new monetization stream for Paytm's UPI acquiring business over the next year.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Vijay Shekhar Sharma

Executive Chairman of the Board, Chief Executive Officer, Managing Director

Sunil Kumar Bansal

Chief Compliance Officer, Company Secretary