Paytm Q4 Results 2022: Revenue up by 89% for Q4FY22

On 21st May 2022,  Paytm announced its quarterly results for the last quarter of FY2022.

Key Highlights:

Q4FY22:

- The company's revenue from operations rose 89% to Rs.1541 Crores in the quarter under review

- Contribution profit was at Rs.539 crores, a growth of 210% YoY

- Paytm reported an EBITDA of Rs. (368) Crores for Q4FY22 up by 52 crores.

FY2022: 

- The company's revenue from operations rose by 77% to Rs.4974 Crores for the year.

- Contribution profit was at Rs.1498 crores, a growth of 313% YoY

- Paytm reported an EBITDA of Rs. (1518) Crores for FY2022 up by 137 crores

 

Segments Revenue:

Payment services: In Q4 FY 2022, GMV was at ₹2.6 Lakh Cr grew by 104% YoY driven both by growth in transacting users as well as increasing in-store presence at merchants through Paytm QR and devices. GMV from MDR-bearing instruments (primarily Paytm Wallet, credit and debit cards, and net banking) grew by 52% YoY for Q4FY22. For the full year, GMV has more than doubled to ₹8.5 Lakh Cr in FY2022 from ₹4.0 Lakh Cr in FY2021. 

Payment Services to Consumers: In Q4 FY22, revenue grew by 69% YoY to ₹469 Cr, driven by growth in usage (both users and the number of use cases) of the Paytm app, growth of bill payments use cases and growth in usage of MDR-bearing instruments. For the full year, Revenue from Payment Services to Consumers grew by 58% to ₹1,529 Cr in FY2022 from ₹969 Cr for FY 2021.

Payment Services to Merchants: In Q4 FY22, Revenue from Payment Services to Merchants grew by 90% YoY to ₹572 Cr driven by strong growth of MDR-bearing instruments GMV and continued strong growth in payments devices (with 0.9 million devices added in Q4 FY 2022). The revenue dropped marginally on a QoQ basis, primarily due to the previous quarter being seasonally strong due to festive demand in online and offline merchant payments businesses. For the full year, revenue grew by 87% to ₹1,892 Cr in FY2022 from ₹1,012 Cr for FY2021.

Payment Gateway Services to Merchants: Payment Gateway continues to be preferred by leading online brands in India because of the ease of integration, ability to accept payment from multiple sources, and high transaction success rates.

Offline Payment Services to Merchants: Paytm offer a wide array of products, to accept in-store payments, such as All-in-one and Dynamic QR, All-in-one and Smart POS, and Soundbox (recently introduced our Made in India Soundbox). Over 9 million merchants are now enabled to accept payments through Paytm Postpaid and Paytm has partnered with prominent brands accounting for about 90% of the industry’s card EMI business. It deployed approximately 2.1 million devices in the last 12 months and the total deployed base increased to 2.9 million devices by the end of Q4 FY22. 

Financial Services and Others: In Q4 FY22, revenue from Financial Services and Others grew 342% YoY to ₹168 Cr. The growth in revenue was primarily driven by 417% YoY growth in the value of loans disbursed. The QoQ growth in revenue was 35%, driven by an increase in Postpaid and Personal Loan disbursements. For the full year, revenue from Financial Services & Others grew by 240% YoY to ₹437 Cr in FY 2022 from ₹128 Cr in FY 2021. 

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