Turtlemint Fintech Solutions Limited

Turtlemint Fintech Solutions Limited

59.54
INR
-3.13
(-4.99%)
Dec 02Next Earn
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
18.27
19.16
23.78
- -
Basic EPS, GAAP
-9.64
-6.35
-6.88
- -
Free Cash Flow per Basic Share
-10.12
-8.25
-7.4
- -
Dividend per Share
- -
- -
- -
- -
Book Value per Share
25.19
19.09
13.89
- -
Tangible Book Value per Share
24.54
18.66
13.43
- -
Basic Weighted Avg Shares
294
294
294
276
Sales/Revenue/Turnover
5,380
5,642
7,003
- -
Operating Margin (%)
-59.05
-39.27
-32.05
- -
Depreciation Expense
123
197
292
- -
Net Income, GAAP
-2,838
-1,870
-2,026
- -
Effective Tax Rate (%)
- -
- -
- -
- -
Profit Margin (%)
-52.75
-33.14
-28.93
- -
Working Capital
6,929
5,169
3,566
- -
LT Debt
185
121
168
- -
Total Equity
7,435
5,638
4,105
- -
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
Return on Common Equity (%)
- -
-28.68
-41.72
- -

Capital Structure

INR

•

in mil. unless spec.
Jun'26
Dec'26
Jun'26
ST Debt
- -
106
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
97
- -
Preferred Equity and Hybrid Capital
- -
16
- -
Shares Outstanding
250
294
294
Market Capitalization
- -
- -
40,226

Working Capital

INR

•

in mil. unless spec.
Jun'26
Dec'26
Jun'26
Total Current Assets
- -
3,591
- -
Cash, Cash Equivalents & STI
- -
862
- -
Accounts Receivable, Net
- -
1,675
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
1,514
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
106
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-27.2%
Free Cash Flow
- -
- -
-10.35%
Net Income, GAAP
- -
- -
8.33%
Sales/Revenue/Turnover
- -
- -
24.12%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5,642
2025
- -
- -
- -
2,892
7,003
2026
2,105
2,941
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
-6.35
2025
- -
- -
- -
-1.63
-6.88
2026
-1.59
-1.47
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Dhirendra Nalin Mahyavanshi
Full Time Employees
1,173
Sector
Finance
Industry
Insurance brokers/Services
Address
Mumbai India
Business
Turtlemint Fintech Solutions Limited is a financial technology and insurtech company that develops and operates digital insurance distribution and enterprise software platforms. Founded in 2015 and headquartered in Mumbai, India, the company provides end-to-end technology infrastructure, advisory tools, and digital aggregation solutions connecting insurance advisors, financial institutions, enterprise partners, and retail consumers across India, the Middle East, and Southeast Asia. The company operates across multiple business lines, including digital insurance broking, enterprise software-as-a-service (SaaS) platforms, and point-of-sale distribution networks. The company provides an extensive suite of insurance products and digital advisory services, which includes: retail life insurance products comprising term life plans, unit-linked insurance plans (ULIPs), endowment policies, pension and annuity plans, and child savings plans; health insurance solutions covering individual medical policies, family floater plans, critical illness riders, senior citizen health coverage, and super top-up policies; motor vehicle insurance encompassing comprehensive and third-party liability coverage for two-wheelers, private passenger vehicles, and commercial fleet vehicles; and commercial lines insurance including group health schemes, fire and special perils coverage, marine cargo insurance, workmen compensation, and directors and officers (D&O) liability policies. Through its TurtlemintPro platform, the company provides independent insurance advisors and point-of-sale persons (PoSPs) with multi-carrier price discovery engines, instant digital policy issuance, automated client relationship management (CRM) tools, commission reconciliation, claims processing assistance, and regulatory training and certification modules. Through its enterprise technology division, Turtlefin, the company delivers cloud-based insurance distribution software, API middleware, and bancassurance workflow solutions designed for retail banks, non-banking financial companies (NBFCs), e-commerce platforms, and traditional insurance brokerages. In recent developments, Turtlemint Fintech Solutions Limited has undertaken strategic corporate restructuring, enterprise acquisitions, geographical expansions, and bancassurance alliances. The company restructured its corporate identity and operations under Turtlemint Fintech Solutions Limited to align its governance framework for capital market initiatives and long-term public listing preparations. The company acquired IOPhysics Systems, a cloud data integration and business intelligence startup, to integrate real-time analytics, automated data pipelines, and machine-learning underwriting capabilities into its core platform. Internationally, the company accelerated the expansion of its Turtlefin SaaS platform across the Middle East and North Africa (MENA) and Southeast Asian markets, establishing strategic distribution partnerships with regional financial institutions and insurers in the United Arab Emirates and Saudi Arabia. In domestic operations, the company entered into strategic bancassurance and distribution partnerships with major financial institutions, including Federal Bank, South Indian Bank, and Karur Vysya Bank, to deploy embedded digital insurance infrastructure across branch networks. Furthermore, the company launched artificial intelligence-enabled product recommendation tools and automated end-to-end claims tracking features on its TurtlemintPro suite, while expanding carrier integrations to cover over 40 life, general, and standalone health insurance providers.