🔍

Turtlemint Fintech Solutions Limited (TURTLEMINT)

₹67.10 -1.06% last close, 16 Oct

📊 NSE: TURTLEMINT 🏢 Financial Technology (Fintech) 📢 Latest filing: 14 Oct 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Turtlemint Fintech's revenue was ₹294 Cr (+40.0% year on year, -17.7% on the previous quarter), and net profit ₹-38.0 Cr (a smaller loss than a year earlier); the operating margin was -11.2%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹294	+40.0%	-17.7%
Operating profit	₹-33.0	loss narrowed	loss widened
Net profit	₹-38.0	loss narrowed	to loss
EPS (₹)	-1.28	loss narrowed	to loss
Operating margin	-11.2%	—	—

Full quarterly financials → Results calendar →

TURTLEMINT delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 72.52% of the TURTLEMINT shares traded on NSE were taken to delivery, against the stock's own 20-session average of 44.27%. The price fell 1.06% on that unusually high delivery, the pattern the delivery dashboard labels distribution. Volume was 0.4 times its average, well below normal. It closed at a price band (circuit) on 4 sessions in about the last 20.

72.52%Delivery, 16 Oct

44.27%Own 20-session average

0.4×Volume vs its average

₹67.10NSE close · -1.06%

Delivery in the last 5 sessions: 49.0% · 46.4% · 43.1% · 47.4% · 72.5%

Delivery across the market →Circuit stocks →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Turtlemint to Invest up to ₹149.51 Cr in Subsidiary TIB via Rights Issue

🟡 NEUTRAL ⭐ 6/10

M&A 📅 14 Oct 2026, 07:00 PM

Turtlemint Fintech Solutions has approved an equity capital infusion of up to ₹149.51 crore into its wholly owned subsidiary, Turtlemint Insurance Broking Services Private Limited (TIB), via a rights issue. The company will subscribe to up to 8,41,715 shares at ₹1,776.27 per share (including a premium of ₹1,766.27). The capital will be utilized for TIB's working capital and property lease payments, aligned with the company's IPO objectives. Following the transaction, Turtlemint retains 100% ownership in TIB.

Investment of up to ₹1,49,51,13,103.05 via subscription to TIB rights issue
Subscription to up to 8,41,715 shares of face value ₹10 at ₹1,776.27 per share
Target entity TIB posted a turnover of ₹10,721.99 million for FY26
Shareholding remains at 100% post-infusion (1,68,31,741 shares held)

💡 Track subsequent quarterly financial statements to evaluate whether the deployed working capital helps improve operational margins and cash flow in TIB.

Turtlemint Shareholders Approve All 5 AGM Resolutions, Including ESOP Scheme Amendments

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 25 Sep 2026, 03:13 PM

Turtlemint Fintech Solutions Limited concluded its 11th Annual General Meeting (AGM) held on September 24, 2026, with shareholders approving all 5 proposed resolutions with requisite majorities. Approved items included the adoption of FY26 financial statements, the re-appointment of Director Dhirendra Nalin Mahyavanshi (approved with 98.28% votes in favour), and the appointment of M/s. S G & Associates as Secretarial Auditor for 5 years. Additionally, two special resolutions concerning amendments and extension of the Turtlemint Fintech Solutions ESOP Scheme 2025 to subsidiary employees were passed with ~92.76% majority each.

All 5 resolutions passed at the 11th AGM held on September 24, 2026
Adoption of FY26 standalone and consolidated financial statements passed with 99.9999% votes in favour
Re-appointment of Director Dhirendra Nalin Mahyavanshi approved with 226,975,763 votes (98.2844%) in favour
ESOP Scheme 2025 amendment and extension to subsidiary employees passed with 92.76% approval each (16,707,990 votes against)
Appointment of M/s. S G & Associates as Secretarial Auditor for a 5-year term (FY27 to FY31) approved

💡 Track subsequent quarterly earnings releases and disclosures regarding any share dilution resulting from option grants under the approved ESOP Scheme 2025.

Turtlemint Appoints Monica Anshul Mishra as Chief Human Resources Officer

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 10 Sep 2026, 03:06 PM

Turtlemint Fintech Solutions Limited has announced the appointment of Monica Anshul Mishra as its Chief Human Resources Officer (CHRO) on September 10, 2026. She brings over two decades of experience across financial services, fintech, and retail, joining directly from Fibe (formerly EarlySalary). Turtlemint operates a distribution platform supporting an advisor network of over 691,000 digital partners, having reported revenue of Rs 357.21 crore in the March 2026 quarter.

Monica Anshul Mishra appointed as Chief Human Resources Officer on September 10, 2026
Appointee brings over 20 years of experience across fintech, financial services, and retail
Platform supports a network of 691,000+ digital partners for financial product distribution

💡 Monitor executive team stability and track operating leverage and employee expense trends in upcoming quarterly financial reports.

Turtlemint Designates CHRO Monica Anshul Mishra as Senior Management Personnel

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 09 Sep 2026, 02:36 PM

Turtlemint Fintech Solutions Limited has designated its Chief Human Resource Officer, Mrs. Monica Anshul Mishra, as Senior Management Personnel (SMP) effective September 09, 2026. The approval was granted via Board Circular Resolution No. 06/2026-27 following recommendations from the Nomination and Remuneration Committee. Mrs. Mishra brings over 22 years of experience across Banking, Financial Services, and HR Advisory to the role. The company recorded revenue of Rs 357.213 Cr and net profit of Rs 3.123 Cr in the Mar 2026 quarter.

CHRO Mrs. Monica Anshul Mishra designated as Senior Management Personnel effective September 09, 2026
Approval granted by Board of Directors via Circular Resolution No. 06/2026-27
Executive possesses over 22 years of industry experience across banking, retail, and HR advisory
Appointment is on a full-time employment basis with no familial relationship to other directors

💡 Track quarterly operational performance and future disclosures regarding leadership team execution, with no immediate portfolio action warranted from this routine administrative re-designation.

Turtlemint Fintech Dispatches FY26 Annual Report Link to Shareholders; 11th AGM on Sep 24, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 02 Sep 2026, 11:28 PM

Turtlemint Fintech Solutions Limited has dispatched letters to shareholders whose email addresses are not registered with the company or depository participants, providing weblinks to access the FY2025-26 Integrated Annual Report. The company's 11th Annual General Meeting is scheduled to take place virtually via Video Conferencing on Thursday, September 24, 2026, at 04:00 PM IST. Electronic copies of the AGM notice and annual report were sent to shareholders registered as of the cut-off date of August 31, 2026.

11th AGM scheduled for Thursday, September 24, 2026, at 04:00 PM IST via VC/OAVM
Cut-off date for dispatch of electronic AGM notices was August 31, 2026
Letter dispatched to unregistered email shareholders in compliance with Regulation 36(1)(b) of SEBI LODR
Physical copies will not be dispatched unless explicitly requested by the member

💡 Shareholders should review the Integrated Annual Report FY25-26 via the provided link and update their KYC/email details with their Depository Participants ahead of the AGM on September 24, 2026.

Turtlemint Fintech Schedules 11th AGM on Sep 24, 2026; Seeks Approval for 1.22 Cr ESOP Pool

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 02 Sep 2026, 12:32 PM

Turtlemint Fintech Solutions Limited has issued the notice for its 11th Annual General Meeting (AGM) scheduled for September 24, 2026, via video conferencing. The cut-off date for voting eligibility is fixed as September 17, 2026. Key agenda items include adopting FY26 audited accounts, re-appointing MD & CEO Dhirendra Nalin Mahyavanshi (retiring by rotation), appointing Secretarial Auditors for a 5-year term, and ratifying the pre-IPO 'ESOP Scheme 2025' pool of up to 1,21,93,045 options.

11th AGM to be held via Video Conferencing on September 24, 2026 at 4:00 PM IST
Cut-off date for remote e-voting eligibility set for September 17, 2026
Special resolution sought to ratify the ESOP Scheme 2025 pool of up to 1,21,93,045 equity options of face value Re 1 each
Re-appointment of MD & CEO Dhirendra Nalin Mahyavanshi, who holds 2,21,09,133 shares and drew INR 15 Million in FY26 remuneration
Appointment of M/s. S G & Associates as Secretarial Auditor for a 5-year term (FY27 to FY31)

💡 Eligible shareholders holding shares as of the September 17, 2026 cut-off date should review voting guidelines and cast votes on the proposed ordinary and special resolutions.

Turtlemint launches brand campaign; highlights FY26 revenue of ₹1,098 Cr (up 57% YoY)

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 01 Sep 2026, 04:05 PM

Turtlemint Fintech Solutions announced the launch of its brand campaign 'Naye India Ka Naya Digital Partner', highlighting its network of over 691,000 Digital Partners across 19,000+ pin codes. In the release, the company noted that FY26 revenue from operations grew 57% YoY to ₹1,098 crore, while platform premium expanded 31% YoY to ₹3,868 crore. The company achieved its first-ever profitable quarter in Q4 FY26 and partners with 46 insurers across India.

Launched brand campaign 'Naye India Ka Naya Digital Partner' celebrating 691,000+ Digital Partners.
FY26 revenue from operations rose 57% YoY to ₹1,098 crore.
FY26 platform premium grew 31% YoY to ₹3,868 crore, with Q4 FY26 marking its first profitable quarter.
Network includes over 550,000 certified PoSPs across 19,000+ pin codes in partnership with 46 insurers.

💡 Track upcoming quarterly financial results to evaluate whether profitability achieved in Q4 FY26 sustains as marketing and partner onboarding scale up.

Turtlemint Approves Secretarial Auditor Appointment & 1.22 Cr ESOP Pool Modifications

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 31 Aug 2026, 07:19 PM

Turtlemint Fintech Solutions Limited's Board approved key corporate governance and employee incentive matters at its meeting on August 31, 2026. The Board approved the appointment of M/s. SG & Associates as Secretarial Auditors for a 5-year term from FY2026-27 to FY2030-31. Additionally, modifications and ratification of the ESOP Scheme 2025 covering up to 1,21,93,045 options were approved, including extending benefits to eligible employees of subsidiaries. The company has convened its 11th Annual General Meeting for September 24, 2026.

Appointment of M/s. SG & Associates as Secretarial Auditors for a 5-year term (FY2026-27 to FY2030-31)
Ratification and modification of ESOP Scheme 2025 covering up to 1,21,93,045 equity options
Extension of ESOP Scheme 2025 benefits to eligible employees of subsidiary and associate companies
Convening of the 11th Annual General Meeting on Thursday, September 24, 2026

💡 Track voting outcomes at the upcoming Annual General Meeting on September 24, 2026, regarding the auditor appointment and ESOP scheme amendments.

Turtlemint Amends ESOP Pool of Up to 1.22 Cr Options; Convenes 11th AGM on Sep 24

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 31 Aug 2026, 07:13 PM

Turtlemint Fintech Solutions announced board approval for modifications to its ESOP Scheme 2025, covering an option pool of up to 1,21,93,045 equity shares, and extended eligibility to group and subsidiary employees. The board also approved the appointment of M/s SG & Associates as Secretarial Auditors for a 5-year term (FY27 to FY31). Additionally, the company scheduled its 11th Annual General Meeting for September 24, 2026, via video conferencing to seek shareholder approvals for these items.

Amended ESOP Scheme 2025 covering up to 1,21,93,045 stock options exercisable into equivalent shares.
Extended ESOP scheme benefits to eligible employees across subsidiaries and associate companies.
Appointed M/s SG & Associates as Secretarial Auditors for 5 years from FY2026-27 to FY2030-31.
Scheduled 11th AGM on September 24, 2026 at 4:00 PM IST via VC/OAVM.

💡 Track shareholder voting outcomes at the upcoming 11th AGM on September 24, 2026, regarding the amended ESOP scheme and auditor appointment.

Turtlemint to Attend Elara India Dialogue Institutional Investor Meet on September 01, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 27 Aug 2026, 06:22 PM

Turtlemint Fintech Solutions Limited has informed stock exchanges that its management will attend an analyst/institutional investors meeting on September 01, 2026. The interaction is scheduled as part of the 'Ashwamedh – Elara India Dialogue 2026' in physical mode in Mumbai starting from 9:00 AM. The company noted that no unpublished price sensitive information (UPSI) will be shared during the conference.

Event: Ashwamedh – Elara India Dialogue 2026
Meeting date: September 01, 2026, starting at 9:00 AM onwards
Mode and location: Physical meeting in Mumbai
No unpublished price sensitive information (UPSI) will be shared

💡 Watch for any subsequent corporate presentations or disclosures uploaded to the stock exchanges post-conference.

Turtlemint Q1 FY27: Revenue Up 40% to ₹294 Cr, Net Loss Narrows to ₹38 Cr

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 20 Aug 2026, 12:21 PM

Turtlemint reported a 40% YoY increase in revenue to ₹294 crore for Q1 FY27, driven by platform premium growth of 49% YoY to ₹1,205 crore. Renewal revenue expanded 66% YoY to over ₹65 crore, supporting higher-margin business. Operating leverage improved as corporate overheads fell from 30% to 22% of revenue, boosting Service EBITDA by 89% YoY to ₹39 crore. Net loss for the quarter narrowed to ₹38 crore compared to a loss of ₹47 crore in the prior year period.

Platform premium grew 49% YoY to ₹1,205 crore with significant contribution from B30 markets
Revenue grew 40% YoY to ₹294 crore; renewal revenue increased 66% to over ₹65 crore
Service EBITDA surged 89% YoY to ₹39 crore, reaching 13% of quarterly revenue
Adjusted EBITDA loss narrowed to ₹26 crore (-9% of revenue) from -21% of revenue in Q1 FY26
Active Digital Partner base (P3M) increased to 90,791, up ~30% YoY

💡 Monitor the path to adjusted EBITDA and PAT breakeven alongside the trajectory of high-margin renewal revenues in subsequent quarters.

Turtlemint Reports Minor PIT Code Violations Totaling ₹15,441; Issues Warning Letters

🟡 NEUTRAL ⭐ 2/10

REGULATORY 📅 17 Aug 2026, 07:01 PM

Turtlemint Fintech Solutions Limited has reported minor violations of its Insider Trading Code under SEBI (PIT) Regulations. Two designated persons executed trades during the trading window closure period: one sold 100 shares worth ₹14,480 on July 21, 2026, and another bought 8 shares worth ₹961.52 on August 3, 2026. The Audit Committee reviewed both inadvertent trades on August 14, 2026, and issued warning letters on August 17, 2026, with no financial penalties imposed.

Designated Person Vinay Pawadshetter (City Head) sold 100 shares at ₹144.80 each (total ₹14,480) on July 21, 2026
Designated Person Pooja Pawar (Quality Analyst) bought 8 shares at ₹120.19 each (total ₹961.52) via a relative on August 3, 2026
Company Audit Committee reviewed the trades on August 14, 2026, and resolved to issue warning letters on August 17, 2026
Total transaction value involved across both inadvertent violations stood at ₹15,441.52

💡 This is a standard regulatory reporting filing with negligible financial and operational impact. Investors do not need to take any action.

Turtlemint Uploads Audio Recording of Q1 FY27 Earnings Call Held on August 14, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 14 Aug 2026, 10:35 PM

Turtlemint Fintech Solutions Limited has made available the audio recording of its Q1 FY 2026-27 earnings conference call held on August 14, 2026. The audio recording has been uploaded to the company's website pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This represents a standard procedural compliance filing following the quarterly financial results.

Audio recording of Q1 FY 2026-27 earnings call held on August 14, 2026, made accessible online
Filing submitted under Regulation 30, Schedule III of SEBI LODR Regulations, 2015
Direct web access provided to the audio file on the company's digital domain

💡 Investors can review the audio recording to assess management commentary regarding business growth, margins, and strategic outlook.

Q1 FY27 Revenue up 40% YoY to ₹294 Cr; Service EBITDA jumps 89% to ₹39 Cr

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 14 Aug 2026, 05:34 PM

Turtlemint Fintech Solutions reported a 40% YoY increase in revenue from operations to ₹294 crore for Q1 FY27, up from ₹210 crore in Q1 FY26. Total platform premium rose 49.8% YoY to ₹1,205 crore, while Service EBITDA grew 89% YoY to ₹39 crore. Adjusted EBITDA margin improved significantly from -20% to -9% as corporate overheads fell from 30% to 22% of revenue. In addition, high-margin renewal revenue expanded by 66% YoY.

Revenue from operations grew 40% YoY to ₹294 crore in Q1 FY27 compared to ₹210 crore in Q1 FY26
Platform premium increased 49.8% YoY to ₹1,205 crore from ₹804 crore
Service EBITDA grew 89% YoY to ₹39 crore, demonstrating strong platform unit economics
Adjusted EBITDA as a % of revenue improved to -9% from -20% in Q1 FY26
Corporate overheads as a % of revenue reduced from 30% to 22%, and renewal revenue grew 66% YoY

💡 Track the detailed audited/unaudited financial tables for bottom-line PAT figures and monitor the trajectory toward overall positive adjusted EBITDA in upcoming quarters.

Turtlemint Q1 FY27 Revenue Up 40% YoY to ₹294 Cr; Net Loss Narrows to ₹38 Cr

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 14 Aug 2026, 05:26 PM

Turtlemint Fintech Solutions reported a 40% YoY increase in consolidated revenue from operations to ₹294 Cr for Q1 FY27, up from ₹210 Cr in Q1 FY26. Total platform premium grew 49.8% YoY to ₹1,205 Cr, supported by 691,194 total digital partners and 90,791 quarterly active transacting partners. Service EBITDA expanded 89% YoY to ₹39 Cr, driven by a 66% rise in renewal revenue to ₹65 Cr. Corporate overheads reduced from 30% to 22% of revenue, leading to a narrower net loss of ₹38 Cr compared to ₹47 Cr in Q1 FY26.

Revenue from operations grew 40% YoY to ₹294 Cr in Q1 FY27 from ₹210 Cr in Q1 FY26
Platform premium increased 49.8% YoY to ₹1,205 Cr with over 75% distributed across B30+ markets
Service EBITDA surged 89% YoY to ₹39 Cr, bolstered by renewal revenue reaching ₹65 Cr (+66% YoY)
Consolidated net loss narrowed to ₹38 Cr (-13% of revenue) versus a net loss of ₹47 Cr (-22% of revenue) in Q1 FY26
Active transacting Digital Partners grew to 90,791 from 70,587 in Q1 FY26 with 32k+ new partner recruitments in the quarter

💡 Track the trajectory toward net profitability, sustainability of partner additions in B30+ regions, and corporate overhead containment as a percentage of revenue in subsequent quarters.

View All TURTLEMINT Announcements on Live Market Tracking →