Turtlemint Fintech Solutions Limited
TURTLEMINTNSE
₹53.75▼ -2.82 (-4.98%)
Whole company worth₹1,583 Cr
ProfitLoss-making
1-year range₹54 – ₹160
The short version
A fast-growing, loss-making lender.
What Turtlemint Fintech Solutions does
Incorporated in 2015, Turtlemint Limited is a technology-enabled insurance distribution platform that connects customers, insurance advisors (Digital Partners), and insurers.
Worked out from Turtlemint Fintech Solutions's own filed results and exchange data, in plain words. Where a finance term matters, we say what it means.
01What does it do?
Turtlemint Fintech Solutions is a small-sized company in financial services.
Incorporated in 2015, Turtlemint Limited is a technology-enabled insurance distribution platform that connects customers, insurance advisors (Digital Partners), and insurers.
- Whole company is worth
- ₹1,583 crore
- Run by
- Dhirendra Nalin Mahyavanshi
- Shareholders
- 47,059 people
- Listed since
- 2026
A small company by stock-market value — these tend to move more sharply.
02Is it growing?
Income has grown 38% a year for 3 years.
At that pace a business doubles in size roughly every 2 years.
Point at a bar for exact figures · amounts in ₹ crore
03Does it make money?
For every ₹100 it brings in, it spends ₹117.
Here is where the money from Turtlemint Fintech Solutions's income went in FY26, the latest full year it has reported.
₹115
₹100 of income ends here
- ₹115Running the businessstaff, branches, technology and provisions for bad loans
- ₹0.2Interest it pays depositors and lendersa lender's biggest cost — the price of the money it lends on
- ₹1.5Wear and tearmachines, stores and buildings losing value over time
- ₹17Lossspent beyond what came in — covered by savings or new money
It also received a tax credit of ₹8.3 crore that year, which is why tax is missing from the bar.
On the money its owners have put in
It lost ₹60 for every ₹100 its owners have invested.
Bank FD ~₹6–7
₹-60
₹-70₹-60₹-50₹-40₹-30₹-20₹-10₹0₹10₹20₹30₹40
Return on equity (ROE) measures the yearly profit made on the money shareholders have put into the business. Negative means the business is eating into that money.
04Is the price high or low?
Turtlemint Fintech Solutions made a loss, so there is no "price for profit" to measure.
Investors are paying for what they hope it will earn later, not what it earns today. That makes the price harder to judge and more sensitive to news.
The share price over the past year
It is trading close to its lowest price of the past year (₹53.75).
05Who owns it?
Its founders and parent group own just 13 of every 100 shares.
If the company were split into 100 equal shares, this is who would hold them. Last quarter, foreign investors cut their stake by 2.3 percentage points. 47,059 people and institutions hold its shares.
As filed for the quarter ending 30 Sept 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
One thing going well, two things worth watching.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
- Income has compounded at 38% a year.
Worth watching
- Lost ₹184 crore in its last financial year.
- The share price is 66% below its high of the past year.
07What happened lately?
Latest quarter: income up 40%, a loss.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Income
₹294 Cr
▲ 40.0% on a year earlier
Loss
₹38 Cr
No notable developments in the last few weeks.
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This page describes Turtlemint Fintech Solutions using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Turtlemint Fintech Solutions Limited (TURTLEMINT): company summary
The company's business is improving, with annual revenue rising 65.7% to ₹1,098 crore, while the net loss narrowed from ₹194 crore to ₹184 crore.
Turtlemint Fintech Solutions Limited (TURTLEMINT) is a micro-cap Financial Services company valued at ₹1,583 crore operating in Financial Technology (Fintech) on the NSE and BSE.
- Recent price move
- Turtlemint Fintech Solutions Limited last traded at ₹53.75, down 4.98% on the day.
- Recent developments
- On 2026-10-14, Turtlemint Fintech Solutions Limited announced an acquisition agreement, which could expand its market presence. On 2026-06-29, the company's IPO share price fell 11% on listing, trading below its debut price. The IPO was listed on 2026-06-25, with the stock opening at ₹134.90 but quickly declining.
- Financial performance
- The company's business is improving, with annual revenue rising 65.7% to ₹1,098 crore, while the net loss narrowed from ₹194 crore to ₹184 crore. The latest quarter saw revenue grow 40.0% to ₹294 crore, and the net loss narrowed from ₹47 crore to ₹38 crore, though the net profit margin remains negative at -16.8%.
- Valuation multiples
- A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 3.94 times book value.
- Things to watch
- The company is still reporting a net loss of ₹184 crore annually, and its return on equity and return on capital employed are both negative. The stock is 58.1% below its 52-week high, and the net profit margin, while improving, remains negative at -16.8%.
- Where it stands
- Turtlemint Fintech Solutions Limited has seen revenue growth of 65.7% annually and a narrowing net loss, but the company remains unprofitable. The stock is significantly below its 52-week high, and the latest quarter's net loss is smaller than the year-ago period. The most significant figure is the net loss of ₹184 crore for the latest fiscal year.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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Turtlemint Fintech Solutions Limited peers in Financial Services
Other Financial Services stocks on the NSE & BSE. See the full Financial Services sector list.
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