TURTLEMINT
Turtlemint Fintech Solutions Limited
Turtlemint Fintech Solutions Limited (TURTLEMINT) financial statements and selected valuation metrics through 30 June 2026.
Financial Services›Financial Services›Financial Technology (Fintech)›Financial Technology (Fintech)
turtlemint.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-19
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
Turtlemint helps Indian households buy and renew insurance through a network of digital partners (advisers), supported by its app and technology, and earns commissions from insurers on the policies they sell.
Company snapshot
8thBy market cap
Ranked among 11 companies in Financial Technology (Fintech).
What we see
- ✓Revenue grew 66% in the latest year — strong top-line momentum.
- ✗Net margin is negative — the company is spending more than it earns right now.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Mar 2026 | Jun 2026 |
|---|---|---|
| Sales | 357 Cr | 294 Cr |
| Operating expenses (approx.) | 361 Cr | 327 Cr |
| EBITDA | -4 Cr | -33 Cr |
| OPM % | -1.1% | -11.2% |
| Other income | 3 Cr | 2 Cr |
| Interest | 0.49 Cr | 2 Cr |
| Depreciation | 4 Cr | 4 Cr |
| Profit before tax | -5 Cr | -38 Cr |
| Tax % | 160.4% | 0.2% |
| Net profit | 3 Cr | -38 Cr |
| EPS (₹) | ₹0.12 | ₹-1.47 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|
| Sales | 420 Cr | 79 Cr | 663 Cr | 1,098 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 734 Cr | 291 Cr | 851 Cr | 1,229 Cr | Sign in free for the trailing twelve months |
| EBITDA | -314 Cr | -212 Cr | -188 Cr | -130 Cr | Sign in free for the trailing twelve months |
| OPM % | -74.8% | -269.8% | -28.4% | -11.9% | Sign in free for the trailing twelve months |
| Other income | 40 Cr | 40 Cr | 30 Cr | 11 Cr | Sign in free for the trailing twelve months |
| Interest | 2 Cr | 2 Cr | 2 Cr | 2 Cr | Sign in free for the trailing twelve months |
| Depreciation | 12 Cr | 20 Cr | 29 Cr | 16 Cr | Sign in free for the trailing twelve months |
| Profit before tax | -288 Cr | -193 Cr | -189 Cr | -193 Cr | Sign in free for the trailing twelve months |
| Tax % | — | — | -2.5% | 4.3% | Sign in free for the trailing twelve months |
| Net profit | -288 Cr | -193 Cr | -194 Cr | -184 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹-11.16 | ₹-7.30 | ₹-7.33 | ₹-7.10 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity capital | 0.01 Cr | 0.01 Cr | 0.01 Cr | 7 Cr |
| Reserves | 743 Cr | 564 Cr | 410 Cr | 298 Cr |
| Borrowings | — | — | — | — |
| Other liabilities | 157 Cr | 49 Cr | 168 Cr | 145 Cr |
| Total liabilities | 900 Cr | 613 Cr | 579 Cr | 450 Cr |
| Fixed assets (net) | 15 Cr | 9 Cr | 7 Cr | 22 Cr |
| CWIP | — | — | — | 0 Cr |
| Investments | — | — | — | 0 Cr |
| Trade receivables | 105 Cr | 37 Cr | 160 Cr | 159 Cr |
| Cash & bank | 90 Cr | 87 Cr | 91 Cr | 68 Cr |
| Other assets | 690 Cr | 480 Cr | 320 Cr | 201 Cr |
| Total assets | 900 Cr | 613 Cr | 579 Cr | 450 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Cash from operating activity | -286 Cr | -242 Cr | -216 Cr | -182 Cr |
| Cash from investing | -579 Cr | 248 Cr | 235 Cr | 172 Cr |
| Cash from financing | 903 Cr | -10 Cr | -15 Cr | -13 Cr |
| Net cash flow | 37 Cr | -4 Cr | 5 Cr | -23 Cr |
| Free cash flow (OCF − Capex) | -298 Cr | -243 Cr | -218 Cr | -185 Cr |
Ratios
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| ROCE % | -38.5% | -34.0% | -45.6% | -62.4% |
| ROE % | -38.8% | -34.3% | -47.3% | -60.4% |
| Debtor days | 91 | 173 | 88 | 53 |
| Inventory days | — | — | — | 0 |
| Days payable | 79 | 40 | 36 | 24 |
| Cash conversion cycle | 12 | 133 | 52 | 29 |
| Debt / equity | — | — | — | — |
| Current ratio | 6.27 | 16.89 | 3.50 | 2.74 |
| Net debt / EBITDA | — | — | — | — |