The Reserve Bank of India (RBI) has answered the third-party app request made by Paytm’s parent firm – One97 Communication Limited(NSE: PAYTM).
This Reserve Bank has advised the National Payments Corporation of India (NPCI) to look into Paytm’s application to become a third-party application service provider in the field of UPI payments.
In addition, the Reserve Bank has asked NPCI to assist in sustaining the UPI operation for the Paytm app.
In this regard, NPCI will explore the possibility of becoming a “third application’ vendor to maintain the UPI functions that are currently being carried out by the Paytm app.
We’re happy to be aware that the Central Bank has stopped Paytm Payments Bank from accepting funds into its customer accounts and wallets following March 15, 2024.
Alternate Arrangements Must Be Negotiated
The Central Reserve Bank has also been advising NPCI to come up with alternate arrangements to accommodate UPI clients who are members of Paytm Payments Bank.
As per this, it is the case that all users who use the @paytm virtual payment addresses will have the option to transfer to another bank.
In addition, the Reserve Bank has asked NPCI to examine four banks that provide payment services to handle the large volumes.
RBI has stated that there will not be any new users added by the third-party app provider until all users who are currently registered have been successfully transferred to a new handle.
Banks Can Issue Pre-paid Cards
In addition The Reserve Bank has allowed banks and financial institutions
that are not banks in the United States to provide PPIs (prepaid cards) to pay for different public transportation systems.
The payment is made under PPI or a pre-paid card product first. Once they arrive, customers will then be able to pay the fare, in addition to cash transactions.
RBI stated that the instrument will allow users to make secure, quick, and convenient payments via digital channels for transit services.
The public transport systems throughout the country are used by a huge amount of people each day.
About One 97 Communications Ltd (Paytm)
One 97 Communications Limited owns and manages the Paytm brand. Its divisions include Payment, Commerce, Cloud, and more.
The Company is in the business of providing financial and payment services. This includes the services of payment facilitators that facilitate loans to merchants and consumers, merchants and consumers, and managing wealth.
The Company is also involved in providing cloud and commerce services, which consist primarily of an aggregator for digital goods and ticketing businesses, offering messages and voice platforms to telecom operators, enterprises, and other companies.
The company provides a range of services, like internet banking as well as Paytm payment tools such as wallet, Paytm postpaid (BNPL) for online payment of mobile recharges utilities rent, and education, wallet top-ups, and money transfers through the Paytm application.
Fundamental Analysis of One 97 Communications Ltd (Paytm)
| Market Cap | ₹ 25,908 Cr. |
| Current Price | ₹ 408 |
| 52-wk High | ₹ 998 |
| 52-wk Low | 318 |
| Stock P/E | — |
| Book Value | ₹ 196 |
| Dividend | 0.00 % |
| ROCE | -13.5 % |
| ROE | -13.9 % |
| Face Value | ₹ 1.00 |
| P/B Value | 2.09 |
| OPM | -11.5 % |
| EPS | ₹ -17.6 |
| Debt | ₹ 192 Cr. |
| Debt to Equity | 0.02 |
One 97 Communications (Paytm) Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 600 | ₹ 995 |
| 2025 | ₹ 1000 | ₹ 1247 |
| 2026 | ₹ 1389 | ₹ 1425 |
| 2027 | ₹ 1560 | ₹ 1749 |
| 2028 | ₹ 1859 | ₹ 1980 |
| 2029 | ₹ 2159 | ₹ 2389 |
| 2030 | ₹ 2400 | ₹ 2500 |
One 97 Communications (Paytm) Shareholding Pattern
| FII Holding | |
| Dec 2022 | 72.80% |
| Mar 2023 | 71.83% |
| June 2023 | 72.11% |
| Sept 2023 | 60.92% |
| Dec 2023 | 63.72% |
| DII Holding | |
| Dec 2022 | 1.87% |
| Mar 2023 | 3.19% |
| June 2023 | 3.54% |
| Sept 2023 | 4.05% |
| Dec 2023 | 6.07% |
| Public Holding | |
| Dec 2022 | 25.32% |
| Mar 2023 | 24.98% |
| June 2023 | 24.35% |
| Sept 2023 | 35.02% |
| Dec 2023 | 30.22% |
One 97 Communications Ltd (Paytm) Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 3,050 Cr |
| 2020 | ₹ 3,115 Cr |
| 2021 | ₹ 2,667 Cr |
| 2022 | ₹ 3,892 Cr |
| 2023 | ₹ 7,767 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ -3,960 Cr |
| 2020 | ₹ -2,833 Cr |
| 2021 | ₹ -1,560 Cr |
| 2022 | ₹ -2,325 Cr |
| 2023 | ₹ -1,113 Cr |
Last 2 Years’ Debt-To-Equity Ratio:
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | -5% |
| 3 Years: | 9% |
| Current Year: | 53% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | -27% |
| 3 Years: | -18% |
| Last Year: | -14% |
Last 10 Years’ Sales Growth:
| 10 Years: | — |
| 5 Years: | 15% |
| 3 Years: | 25% |
| Current Year: | 47% |
Conclusion
This article is a complete guide about One 97 Communications Ltd (Paytm) Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
