Shares of Paytm fell by 4% to Rs 1,112.60 on the NSE on Friday, diverging from the overall market uptrend as Sensex gained 400 points and Nifty approached 23,750.
The decline followed a significant block deal involving 1.3% of Paytm's equity, or 86 lakh shares, reportedly sold at a floor price of Rs 1,120.65 per share, a nearly 3% discount to the previous closing price.
This transaction comes as Paytm shares have appreciated by 35% over the past year, though they have seen a recent downturn of over 1% in the past week and 4% in the last month.
As of March 31, 2026, SAIF Partners held a substantial stake in Paytm through Saif Partners India IV Limited and Saif III Mauritius Company Limited, with the former holding over 2.56 crore shares (4% stake) and the latter over 6 crore shares (9.43% equity).
Earlier this month, Paytm reported a net profit of Rs 184 crore for Q4 FY26, reversing a Rs 540 crore loss from the previous year, with revenue rising 18% YoY to Rs 2,264 crore.
Background
Paytm's improved financial performance, including a positive EBITDA and net profit in Q4 FY26, contrasts with the recent stock decline, highlighting potential shifts in investor sentiment.
The block deal by SAIF Partners and others indicates a potential shift in investor sentiment, despite Paytm's improved financial performance. Investors will be closely monitoring Paytm's stock performance and any further stake sales by major shareholders.
