Mirae资产公司将Paytm升级为“买家”, 说明用户增长强劲, Mirae Asset upgraded Paytm to "buy," citing strong user growth, a new postpaid product, and improved profitability outlook.

Mirae Asset 将 Paytm 上调至“买入”，目标价为 1,340 卢比，理由是 UPI 市场份额占 7%，Suryoday Small Finance Bank 重新推出基于 UPI 的后付费产品，提供 30 天免息信贷，以及强劲的用户增长。 Mirae Asset upgraded Paytm to "buy" with a Rs 1,340 target, citing a 7% UPI market share by volume, a relaunched UPI-based Postpaid product with Suryoday Small Finance Bank offering 30 days of interest-free credit, and strong user growth. 信贷产品可为《欧洲双边投资条约》27财政年度贡献近6%,预期通过成本控制、AI效率以及更广泛的采用,利润率将提高。 The credit product could contribute nearly 6% to FY27 EBITDA, with profitability expected to improve through cost controls, AI efficiency, and broader adoption. Paytm的7 400万月度交易用户和4 500万商人支持支付、借贷和商贸服务之间的长期增长。 Paytm’s 74 million monthly transacting users and 45 million merchants support long-term growth across payments, lending, and merchant services. 经纪公司预测,到28财政年度,EBITDA的利润率为15%,高于25财政年度的负21.8%,并认为最近的股票下跌是一个有利的切入点。 The brokerage projects 15% EBITDA margins by FY28, up from negative 21.8% in FY25, and views the recent stock dip as a favorable entry point.