ALFA Finder| Revenue growth | Revenue +38% H1 (₹637 Cr); Q2 +35% (₹342 Cr); renewal revenue +52%. |
|---|---|
| Margins | Adj. EBITDA margin −6% Q2 vs −14%; overheads 21% of revenue. |
| Demand visibility | Platform premium +52% H1 to ₹2,419 Cr; active POSPs 96,368. |
| Management confidence | Optimistic; defensive on regulation, gave no quantified impact. |
Growth
Q2 revenue ₹342 Cr (+35%); H1 ₹637 Cr (+38%); service EBITDA ₹85 Cr (+66%); adj. EBITDA margin −6% vs −14%.
Outlook
No quantified guidance. Service EBITDA to be held flat in absolute terms next year; cash to end FY27 slightly higher than ₹740 Cr.
Risks
Proposed regulation cuts distributor commissions; no quantified FY28 profit hit given; cross-sell still unproven.
Last quarter's promises, checked
Delivered
- Guided service EBITDA growth faster than revenue → service EBITDA +66% vs revenue +38% H1 (= BEAT)
- Guided Q2 bigger than Q1 → Q2 ₹342 Cr vs Q1 ₹294 Cr (= BEAT)
- Guided sub-EBITDA costs to rise only with inflation → overheads flat in absolute terms (= BEAT)
Partly delivered
- Guided ~40% YoY revenue growth → H1 +38%, Q2 +35% (= PARTIAL)
- Guided adj. EBITDA positive in FY27 → Q2 adj. EBITDA margin still −6% (= PARTIAL)
Missed
- Guided service EBITDA margin ~16% near term → ~13% H1 (₹85 Cr on ₹637 Cr, computed) (= MISS)
Earnings Call Transcript filed with BSE, NSE: TURTLEMINT. Summary written with AI assistance from the document.
Turtlemint Fintech Solutions Ltd: key numbers
- Share price
- ₹64.18
- Market cap
- ₹1,890 Cr
- Revenue (annual)
- ₹1,098 Cr
- Net profit (annual)
- ₹-184.3 Cr
- P/E (TTM)
- -15.4×Sector 23.7×
- 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 Investor Presentation: Key Takeaways
Q2/H1 FY27: H1 revenue INR 637 Cr (+38%), service EBITDA INR 85 Cr (+66%), PAT loss narrowed to INR 64 Cr from INR 125 Cr. Q2 revenue INR 342 Cr (+35%).
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.