The Paytm brand, run by One 97 Communications Ltd, has become an Indian-controlled company after domestic investors increased their stake to 50.3% as of March 2026. This transitional shift has changed in ownership in Paytm, with domestic shareholding increasing and reflecting the confidence of investors.
Domestic investors have raised their stake in Paytm to 23.1 per cent, which is 9.1 percentage points from last year, as per regulatory filings. The capacity of mutual funds has risen from 14.3 percent to 16.6 percent in the company, and the number of funds investing in the company has increased from 36 to 41, with Bandhan Mutual Fund, Motilal Ostwal, and Mirae Asset mutual funds expanding their shareholding in Paytm.
Insurance Companies Rising Its Stake
Insurance companies have also added to their positions, taking their combined stake to 5.1 percent, with SBI Life Insurance and TATA AIA Life Insurance, which are expanding their stake.
The net profit for the quarter in December was Rs 225 crore, and revenue increased to 20 per cent year-on-year to Rs 2,194 crore. Paytm merchants have crossed 1.44 crore, and Bank of America is upgrading the stock. Bernstein has highlighted a positive view on the company's earnings, and BofA has upgraded Paytm due to its improving profitability trajectory.
Brokerage said that Paytm has gained profitable margins and is driven by strength in merchant lending and payments. It has maintained a Buy rating on risk-reward with a 1380 target price. Bernstein has said that the merchant revenues are twice compared to similar merchant payment volumes, and the company showcases a profitability curve. The stocks of the company have increased and hold a strong B2B curve along with profitable margins and more diverse businesses. The EBITA margins are 7 percent and have stood at 156 crores for the Paytm company.
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