The One97 Communications Limited (NSE:PAYTM) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

One97 Communications Limited (NSE:PAYTM) investors will be delighted, with the company turning in some strong numbers with its latest results. Revenues beat expectations coming in at₹29b, ahead of estimates by 3.5%. Statutory losses were somewhat smaller thanthe analysts expected, coming in at ₹3.00 per share. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

View our latest analysis for One97 Communications

Taking into account the latest results, the most recent consensus for One97 Communications from 15 analysts is for revenues of ₹132.7b in 2025. If met, it would imply a substantial 30% increase on its revenue over the past 12 months. Earnings are expected to improve, with One97 Communications forecast to report a statutory profit of ₹0.79 per share. In the lead-up to this report, the analysts had been modelling revenues of ₹132.8b and earnings per share (EPS) of ₹1.24 in 2025. So there's definitely been a decline in sentiment after the latest results, noting the large cut to new EPS forecasts.

It might be a surprise to learn that the consensus price target was broadly unchanged at ₹965, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. There are some variant perceptions on One97 Communications, with the most bullish analyst valuing it at ₹1,320 and the most bearish at ₹650 per share. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 24% growth on an annualised basis. That is in line with its 29% annual growth over the past five years. Compare this with the broader industry (in aggregate), which analyst estimates suggest will see revenues fall 16% per year. So not only is One97 Communications expected to maintain its revenue growth despite the wider downturn, it's also forecast to grow faster than the industry as a whole.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for One97 Communications. On the plus side, they made no changes to their revenue estimates - and they expect it to perform better than the wider industry. The consensus price target held steady at ₹965, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for One97 Communications going out to 2026, and you can see them free on our platform here..

You can also see our analysis of One97 Communications' Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.