{"id":302016,"date":"2025-06-19T17:14:07","date_gmt":"2025-06-19T17:14:07","guid":{"rendered":"https:\/\/peraltafinancing.com\/uncategorized\/bernstein-projects-rs-1100-price-target-for-paytm-with-clear-path-to-profitability-and-growth\/"},"modified":"2025-06-19T17:14:07","modified_gmt":"2025-06-19T17:14:07","slug":"bernstein-projects-rs-1100-price-target-for-paytm-with-clear-path-to-profitability-and-growth","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=302016","title":{"rendered":"Bernstein projects Rs 1,100 price target for Paytm with clear path to profitability and growth"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"td-featured-image-rec\">\n<div class=\"td-post-featured-image\"><a href=\"https:\/\/i3.wp.com\/iansportalimages.s3.amazonaws.com\/thumbnails\/202506193431742.jpg?w=1920&amp;resize=1920,1190&amp;ssl=1\" data-caption=\"\"><img decoding=\"async\" post-id=\"228632\" fifu-featured=\"1\" width=\"696\" height=\"\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/i3.wp.com\/iansportalimages.s3.amazonaws.com\/thumbnails\/202506193431742.jpg?w=696&amp;resize=696,0&amp;ssl=1\" alt=\"Bernstein projects Rs 1,100 price target for Paytm with clear path to profitability and growth\" title=\"Bernstein projects Rs 1,100 price target for Paytm with clear path to profitability and growth\"\/><\/a><\/div>\n<\/p><\/div>\n<div>\n<p>New Delhi, June 19 (IANS) Global investment firm Bernstein, in its latest research report titled \u2018Paytm: What Do You Need to Believe Now?\u2019 has reaffirmed an \u2018Outperform\u2019 rating on One97 Communications Ltd (Paytm), setting a target price of Rs 1,100, which implies a 27 per cent upside from current levels.<\/p>\n<p>According to Bernstein, \u201cPaytm has shown remarkable resilience, recovering from the regulatory actions of early 2024 to once again near break-even,\u201d with the report noting that many concerns around the sustainability of its business model have now been addressed.<\/p>\n<p>Bernstein outlines a base-case scenario where Paytm\u2019s EPS is projected to grow non-linearly from Rs 1.5 in FY26E to Rs 70 by FY30E, backed by strong revenue growth and tight cost control.<\/p>\n<p>The report forecasts revenue to grow at a 22 per cent CAGR over FY25\u201330, while total costs are expected to rise at just 13 per cent CAGR, with indirect expenses limited to 10 per cent CAGR. A major driver of this growth is the high-margin lending business, where merchant and personal loan volumes are expected to grow 3.6 times from FY24 levels.<\/p>\n<p>Despite headwinds on the consumer side, Bernstein observes that Paytm\u2019s merchant-side UPI share remains stable, contributing meaningfully to payments revenue. The report identifies key catalysts for further upside including the potential approval of a Payment Aggregator license, the revival of Paytm Payments Bank (PPBL), and the possible reintroduction of wallet and Buy Now Pay Later (BNPL) products.<\/p>\n<p>The report also describes Paytm\u2019s merchant business as robust, with fee-paying merchant numbers and loan volumes now exceeding pre-regulatory levels. Bernstein attributes the company\u2019s near-term profitability outlook to aggressive cost discipline, particularly through a sharp reduction in indirect expenses.<\/p>\n<p>While acknowledging that the consumer segment is still recovering from the withdrawal of the wallet and BNPL offerings, Bernstein expects marketing revenues to grow at a 15 per cent CAGR, driven by a gradual rebound in Monthly Transacting Users (MTUs).<\/p>\n<p>Finally, the report notes that Paytm\u2019s stock has already appreciated 103.5 per cent over the past 12 months, and reiterates confidence in the company\u2019s trajectory, calling it \u201cwell-positioned for a strong comeback.\u201d<\/p>\n<p>\u2013IANS<\/p>\n<p>na\/<\/p>\n<\/div>\n<p>\n<a rel=\"nofollow\" href=\"https:\/\/ians.in\/detail\/bernstein-projects-rs-1100-price-target-for-paytm-with-clear-path-to-profitability-and-growth--20250619142110\/\" target=\"_blank\">Go to Source<\/a><\/p>\n<div id=\"wppd-disclaimer-container\" class=\"wppd-disclaimer-container black\"><i class=\"fas fa-asterisk fa-sm\"\/><\/p>\n<h6 class=\"wppd-disclaimer-title\">Disclaimer<\/h6>\n<p>The information contained in this website is for general information purposes only. 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We therefore require you to accept this disclaimer before confirming any translation news with us.<\/p>\n<p><b>If you are not willing to accept this disclaimer then we recommend reading news post in its original language.<\/b><\/p>\n<\/div><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>New Delhi, June 19 (IANS) Global investment firm Bernstein, in its latest research report titled \u2018Paytm: What Do You Need to Believe Now?\u2019 has reaffirmed an \u2018Outperform\u2019 rating on One97 Communications Ltd (Paytm), setting a target price of Rs 1,100, which implies a 27 per cent upside from current levels. According to Bernstein, \u201cPaytm has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":302017,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83,134280,134281,99772],"tags":[18307,2312,3426,14043,134282,1924,16536,4799,3307],"dealstore":[],"offerexpiration":[],"class_list":["post-302016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-latest-business-news","category-top-business-news","category-top-stories","tag-bernstein","tag-clear","tag-growth","tag-path","tag-paytm","tag-price","tag-profitability","tag-projects","tag-target"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bernstein projects Rs 1,100 price target for Paytm with clear path to profitability and growth - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=302016\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bernstein projects Rs 1,100 price target for Paytm with clear path to profitability and growth - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"New Delhi, June 19 (IANS) Global investment firm Bernstein, in its latest research report titled \u2018Paytm: What Do You Need to Believe Now?\u2019 has reaffirmed an \u2018Outperform\u2019 rating on One97 Communications Ltd (Paytm), setting a target price of Rs 1,100, which implies a 27 per cent upside from current levels. 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