💸 JM Financial Bullish on Paytm: Maintains ‘Buy’ Rating, Sets ₹1,470 Target Price
Leading brokerage JM Financial has reiterated its confidence in Paytm (One 97 Communications Ltd.), maintaining a ‘Buy’ rating and assigning a target price of ₹1,470. The report signals optimism about Paytm’s continued growth in the digital payments and fintech ecosystem.Here’s a closer look at what’s driving this positive outlook 👇📊 1. Revenue Climbs 7% — Steady business MomentumPaytm’s revenue rose 7% year-on-year to ₹20.6 billion, reflecting consistent performance across its payments and financial-services divisions. JM Financial noted that the company’s core business remains strong, even amid tighter competition in India’s digital-finance space.💹 2. Profitability Improves — EBITDA DoublesA major highlight was Paytm’s EBITDA (excluding ESOP costs) doubling to ₹1.4 billion.
This surge underscores improving operational efficiency and better cost management — signs that the company is steadily moving toward sustained profitability.💳 3. Payments & Lending Continue to Lead the ChargeAccording to the report, Paytm’s payments network and loan-distribution platform are key growth engines.
Increased merchant adoption, higher transaction volumes, and partnerships with banks and NBFCs have strengthened its ecosystem — a positive signal for long-term scalability.💼 4. Focus on Financial Discipline Pays OffJM Financial applauded Paytm’s measured expansion strategy, highlighting its disciplined approach to cost control and monetization.
The brokerage believes the company’s path to profitability is becoming clearer, supported by rising user engagement and growing contribution margins.📈 5. Target Price ₹1,470 — Room for Further UpsideAt a target price of ₹1,470, JM Financial sees significant upside potential from current levels.
Analysts expect continued growth in Paytm’s financial-services offerings and increasing operating leverage as transaction volumes rise.🧠 6. Analyst View: paytm Positioned for Sustainable GrowthThe brokerage maintained that Paytm’s diverse product portfolio, brand strength, and digital-finance infrastructure provide it with a competitive edge.
Its transition from a pure-play payments app to a comprehensive fintech platform is expected to drive shareholder value in the coming quarters.🪙 Bottom LineJM Financial’s latest note reinforces market confidence in Paytm’s growth story.
With improving profitability metrics, rising revenues, and strong execution, Paytm looks poised for a promising 2025 in India’s fast-evolving fintech landscape. Disclaimer:The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.
This surge underscores improving operational efficiency and better cost management — signs that the company is steadily moving toward sustained profitability.💳 3. Payments & Lending Continue to Lead the ChargeAccording to the report, Paytm’s payments network and loan-distribution platform are key growth engines.
Increased merchant adoption, higher transaction volumes, and partnerships with banks and NBFCs have strengthened its ecosystem — a positive signal for long-term scalability.💼 4. Focus on Financial Discipline Pays OffJM Financial applauded Paytm’s measured expansion strategy, highlighting its disciplined approach to cost control and monetization.
The brokerage believes the company’s path to profitability is becoming clearer, supported by rising user engagement and growing contribution margins.📈 5. Target Price ₹1,470 — Room for Further UpsideAt a target price of ₹1,470, JM Financial sees significant upside potential from current levels.
Analysts expect continued growth in Paytm’s financial-services offerings and increasing operating leverage as transaction volumes rise.🧠 6. Analyst View: paytm Positioned for Sustainable GrowthThe brokerage maintained that Paytm’s diverse product portfolio, brand strength, and digital-finance infrastructure provide it with a competitive edge.
Its transition from a pure-play payments app to a comprehensive fintech platform is expected to drive shareholder value in the coming quarters.🪙 Bottom LineJM Financial’s latest note reinforces market confidence in Paytm’s growth story.
With improving profitability metrics, rising revenues, and strong execution, Paytm looks poised for a promising 2025 in India’s fast-evolving fintech landscape. Disclaimer:The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.