One 97 Communications Ltd, the parent company of Paytm, announced on Tuesday that its wholly-owned subsidiary, Paytm Money, has received a Research Analyst registration certificate from the Securities and Exchange Board of India (SEBI).
In a regulatory filing with the BSE, the fintech firm stated, “We wish to inform you that Paytm Money Ltd, a wholly-owned subsidiary of One 97 Communications Ltd, has been granted a Certificate of Registration as a Research Analyst by SEBI under the SEBI (Research Analysts) Regulations, 2014. The registration number for Paytm Money Ltd as a Research Analyst is INH000020086.”
With this certification, Paytm Money can now provide SEBI-compliant research services, including investment insights, research reports, and data-driven analysis. The company emphasized that this achievement aligns with its goal of expanding its investment ecosystem, improving user experience, and delivering expert-backed insights to both retail and institutional investors. These research and advisory services will soon be integrated into the Paytm Money app, enabling investors to make informed financial decisions.
Meanwhile, earlier this month, Paytm disclosed that it had received a ₹611.17 crore show cause notice from the Enforcement Directorate (ED) over alleged violations of the Foreign Exchange Management Act, 1999 (FEMA). The company, however, reassured stakeholders that the matter has had no impact on its services, which remain fully operational and secure.
Financially, Paytm reported a reduced loss of ₹208 crore in the December 2024 quarter, compared to ₹222 crore in the same period last year. However, its revenue saw a 36% year-on-year (YoY) decline, falling to ₹1,828 crore from ₹2,850 crore in the corresponding quarter.
On the stock market, Paytm’s shares surged 3.66%, reaching an intraday high of ₹714 before trading 3.42% higher at ₹712.40. Despite this rise, the stock has declined 27.81% year-to-date (YTD).
From a technical standpoint, Paytm’s stock is currently trading above its 5-day and 200-day simple moving averages (SMAs) but remains below its 10-day, 20-day, 30-day, 50-day, 100-day, and 150-day SMAs. The 14-day Relative Strength Index (RSI) stands at 45.81, indicating that the stock is neither overbought nor oversold.
Furthermore, Paytm’s stock reflects a negative price-to-equity (P/E) ratio of 58.26 and a price-to-book (P/B) value of 3.52. Its earnings per share (EPS) stand at (-)12.16, with a return on equity (RoE) of (-)6.05.
