One 97 Communications Ltd
One 97 Communications Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management said on revenue, margins and capex.
- Revenue
- ₹2,194Cr
- +20% YoY
- Net profit
- ₹225Cr
- Q3 FY25: −₹208 Cr
- Margin
- 7%
- +19 pp YoY
Guidance rank: #3 of 9 in Financial Technology (Fintech)
See the sector's top 10 — free with your mobile number.
One 97 Communications Ltd Q3 FY26 key numbers
- Revenue
- Consumer credit growth, especially in "Buy Now, Pay Later" (Paytm Postpaid), is at an inflection point with hundreds of crores monthly disbursal and rapidly increasing customer base.
As stated in One 97 Communications Ltd's Q3 FY26 earnings call transcript · published 5 Aug 2026. Reported figures, not investment advice.
The short version
Targeting approximately 250 million "customers that matter" (consumer or merchant) over the next 3-5 years with monetization capabilities aligned accordingly (Page 22). The company remains positive about growth opportunities in India, maintaining optimism similar to that of two to three years ago.
From One 97 Communications Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Targeting approximately 250 million "customers that matter" (consumer or merchant) over the next 3-5 years with monetization capabilities aligned accordingly (Page 22).
- Device growth in merchant business remains robust with approximately 27 lakh new devices added annually, and potential penetration rising up to 20% (Page 20).
- Payment processing margins currently trending above 4 basis points with expectations to sustain or improve, subject to MDR developments (Pages 12, 20).
- Consumer credit growth, especially in "Buy Now, Pay Later" (Paytm Postpaid), is at an inflection point with hundreds of crores monthly disbursal and rapidly increasing customer base (Page 6).
- Online merchant business expected to grow materially with focus on integrated online-offline merchant onboarding and platform fees (Page 17).
2 more points from One 97 Communications Ltd's call on revenue
Create a free account to keep reading this call
Profitability & Margins
See what One 97 Communications Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Capex was quite low last year but much higher the year before.
- Depreciation policy is around two to three years.
- Next year, no significant impact on depreciation expected but as capex increases for deployment, depreciation might rise in the following year.
- Sales employee cost is increasing significantly, indicating ongoing investment in sales capacity.
- AI is being utilized to optimize sales efforts and improve productivity, reflecting strategic investment in technology.
- Marketing expenses were reduced temporarily to fix product issues, with plans to increase spend again once product improvements are complete.
- Investments focus on acquiring high-quality customers and merchants with monetization potential, including credit products and financial services.
2 more points from One 97 Communications Ltd's call on capex
Create a free account to keep reading this call
Top-ranked in Financial Technology (Fintech)
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what One 97 Communications Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
See what One 97 Communications Ltd said on order book & pipeline — free account, 30 seconds.
One 97 Communications Ltd — Quarterly revenue & net profit
One 97 Communications Ltd Q3 FY26 results — key figures
| ₹ Cr | Q3 FY26 | Q3 FY25 | YoY | Q2 FY26 | QoQ |
|---|---|---|---|---|---|
| Revenue | 2,194 | 1,828 | +20% | 2,061 | +6.5% |
| Operating profit (EBITDA) | 155 | -223 | — | 140 | +10.7% |
| Operating margin | 7% | -12% | +19 pp | 7% | 0 pp |
| Profit before tax | 230 | -203 | — | 30 | +666.7% |
| Net profit (PAT) | 225 | -208 | — | 21 | +971.4% |
| EPS (₹) | 3.52 | -3.26 | — | 0.33 | +966.7% |
Source: reported quarterly figures (Screener), ₹ crore.
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹2.6K Cr, net profit ₹225 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What One 97's management said in earlier quarters
Others in Financial Technology (Fintech) this season
- Seshaasai Technologies (Q3 FY26)
Q3 FY26 showed 10.1% Y-o-Y revenue growth and 19.3% Y-o-Y PAT growth with a PAT margin of 17.15% . Key concall takeaways from Seshaasai Technologies's Q3 FY26…
- AvenuesAI (Q3 FY26)
EBITDA showed a 25% year-over-year increase, with improved operating leverage as volumes scale. Key concall takeaways from AvenuesAI Ltd's Q3 FY26 earnings…
- Pine Labs Ltd (Q3 FY26)
Issuance business grew 42%, digital payments business grew 16%, contributing to overall 24% revenue growth year-over-year. Key concall takeaways from Pine Labs…
- PB Fintech (Q3 FY26)
Term and health insurance currently make up around half the business, with term growing about 70%. Key concall takeaways from PB Fintech Ltd's Q3 FY26 earnings…
Potential multibaggers · Q2 FY27
Potential multibaggers in Financial Technology (Fintech)
on management's own guidance
- Strong growth2
- Strong growth1
- 3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Arthneeti Pro · Annual
One 97 Communications Ltd and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were One 97 Communications Ltd Q3 FY26 results?
Targeting approximately 250 million "customers that matter" (consumer or merchant) over the next 3-5 years with monetization capabilities aligned accordingly (Page 22). The company remains positive about growth opportunities in India, maintaining optimism similar to that of two to three years ago.
What is One 97 Communications Ltd share price analysis?
One 97 Communications Ltd currently shows a neutral. The stock trades at a P/E of 126.7 with a market cap of ₹102,774 Cr. Investors should review the full earnings analysis for detailed insights.
Is One 97 Communications Ltd planning capital expenditure?
Capex was quite low last year but much higher the year before.
Keep One 97 Communications Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.