Paytm shares drop 4% after SAIF Partners, others likely sell stake worth Rs 960 crore

Synopsis

Shares of One 97 Communications, the parent of Paytm, fell sharply on Friday after existing investors, including SAIF Partners and Elevation Capital, likely sold shares worth Rs 960 crore. Around 86 lakh shares changed hands in a large block deal, pressuring the stock despite broader market gains.

Shares of One 97 Communications, the parent company of fintech platform Paytm, dropped around 4% on Friday after existing investors like SAIF Partners and Elevation Capital Entities had likely sold shares worth more than Rs 960 crore, as per a report.

Shares of the company dropped to Rs 1,112.60 apiece on NSE, bucking the overall uptrend in markets as Sensex gained around 400 points and Nifty neared 23,750.

Around 1.3% of Paytm’s equity stake, or 86 lakh shares, changed hands in a large block deal on Friday, ET Now reported. This comes a day after the business news channel reported that the floor price for the deal was fixed at Rs 1,120.65 per share, implying a discount of nearly 3% to the stock’s previous closing price.

According to data on Paytm’s shareholding pattern as on March 31, 2026, SAIF Partners held a stake in the Indian fintech platform through its affiliates Saif Partners India IV Limited and Saif III Mauritius Company Limited. While the former held over 2.56 crore shares as on March 31, that represented 4% stake, the latter held over 6 crore shares, accounting for 9.43% equity.

This comes as Paytm shares have gained 35% in one year. However, the stock has slipped more than 1% in one week, 4% in one month and 14% in 2026 so far. In the longer term, shares of the Noida-headquartered company jumped 58% in three years.

Paytm earnings snapshot

Earlier this month, Paytm reported a net profit of Rs 184 crore for the fourth quarter of FY26, compared with a loss of Rs 540 crore in the year-ago quarter. Its revenue from operations, meanwhile, rose 18% year-on-year (YoY) to Rs 2,264 crore during the quarter under review.

Also read: Honasa Consumer shares zoom 11% on robust Q4. Jefferies, CLSA see more room to run

Paytm’s EBITDA turned positive at Rs 132 crore, against a loss of Rs 88 crore a year ago, although it moderated from Rs 156 crore in the December quarter. EBITDA margin stood at 6%, compared with a negative 5% in the year ago period.

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