CosmicTaco

Paytm Set for Recovery with Promising Growth

CosmicTaco · 2024-10-01T17:12:48.754640+05:30

- **Dolat Capital** sees **Paytm** reducing pain points and normalizing prospects across business segments. - **Divestiture of events business** to result in a large, one-time gain, lowering FY25 losses. - **UPI consumer data** indicates stability and expansion in financial distribution, aiming for Adjusted Ebitda break-even by Q4FY25. - **Target price** set at ₹920, suggesting a **31% upside** from current trading price of ₹701.95. - **Paytm** expected to turn **PAT profitable by FY26E** with a steady state EBIT Margin of 16.1% over FY31-FY40E. Source: [Business News India](https://www.businesstoday.in/markets/stocks/story/paytm-shares-at-rs-920-fy25-loss-estimate-tweaked-buy-stock-says-dolat-capital-448260-2024-10-01), [Mint](https://www.livemint.com/market/paytm-share-price-today-latest-on-01102024-11727760868645.html)

Dolat Capital sees Paytm reducing pain points and normalizing prospects across business segments.
Divestiture of events business to result in a large, one-time gain, lowering FY25 losses.
UPI consumer data indicates stability and expansion in financial distribution, aiming for Adjusted Ebitda break-even by Q4FY25.
Target price set at ₹920, suggesting a 31% upside from current trading price of ₹701.95.
Paytm expected to turn PAT profitable by FY26E with a steady state EBIT Margin of 16.1% over FY31-FY40E.