ALFA Finder| Revenue growth | H1 +38%, Q2 +35% YoY |
|---|---|
| Margins | Adj. EBITDA margin H1 (7)% vs (17)%; Q2 (6)% vs (14)% |
| Demand visibility | Renewal revenue Q2 INR 71 Cr, +41% YoY |
Growth
H1 revenue INR 637 Cr (+38%); Q2 INR 342 Cr (+35%). Platform premium H1 INR 2,419 Cr (+52%).
Outlook
No explicit numeric guidance or capex/acquisition plans disclosed. Corporate overheads fell to 21% of revenue.
Risks
Still loss-making: H1 PAT at (10)% of revenue, adjusted EBITDA INR (48) Cr. Top-3 insurer concentration 22.57%.
Last quarter's promises, checked
Delivered
- Q2>Q1 seasonality guided → Q2 INR 342 Cr vs Q1 INR 294 Cr (= BEAT)
Partly delivered
- ~40% YoY revenue growth → H1 +38%, Q2 +35% (= PARTIAL)
- FY27 adj. EBITDA positive → H1 adj. EBITDA INR (48) Cr, Q2 (6)% margin (= PARTIAL)
- Overheads to 7-8% of revenue in 4-5 yrs → 21% in H1, from 22% in Q1 (= PARTIAL)
Missed
- Service EBITDA margin ~16% near-term → Q2 13%, flat YoY (= MISS)
Investor Presentation filed with BSE, NSE: TURTLEMINT. Summary written with AI assistance from the document.
Turtlemint Fintech Solutions Ltd: key numbers
- Share price
- ₹62.30
- Market cap
- ₹1,835 Cr
- Revenue (annual)
- ₹1,098 Cr
- Net profit (annual)
- ₹-184.3 Cr
- P/E (TTM)
- -273.6×Sector 23.6×
- Promoter holding
- 13.21%+0.00% QoQ
- FII holding
- 4.05%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Turtlemint Fintech Solutions Ltd
All →Turtlemint Fintech Solutions Other Announcement
CARE Ratings confirmed Turtlemint's IPO proceeds were used per the offer document, with no deviation, for the quarter ended September 30, 2026. This is SEBI-mandated monitoring disclosure.
Turtlemint Fintech Solutions Results Update
Turtlemint reported Q2 FY27 platform premium up 55% and revenue from operations up 35%. Service EBITDA rose 47% to INR 45 crore.
Turtlemint Fintech Solutions Q2 FY27 Results: Net Loss of ₹25.8 Cr, Loss Narrows
Turtlemint Fintech Solutions Ltd reported revenue from operations of ₹342.2 Cr (+35.4% YoY) and a net loss of ₹25.8 Cr for Q2 FY27.
- Key figure
- Net loss ₹25.8 Cr
Turtlemint Fintech Solutions Board Meeting Date
Turtlemint Fintech Solutions Ltd will hold a board meeting on November 12, 2026. The board will consider and approve unaudited financial results for the quarter ended September 30, 2026.
Turtlemint Fintech Solutions Other Announcement
Turtlemint Fintech Solutions Ltd filed its shareholding pattern for the quarter ended September 30, 2026. This is a routine quarterly compliance disclosure under SEBI regulations.
Turtlemint Fintech Solutions Acquisition Worth ₹149.5 Cr
Turtlemint Fintech Solutions is investing ₹149.51 Crore via a rights issue in its wholly-owned subsidiary, Turtlemint Insurance Broking Services, to fund working capital requirements.
- Value
- ₹149.5 Cr