---
title: "Turtlemint Fintech Solutions Ltd (TURTLEMINT) — Share Price, Financials & Analysis"
symbol: "TURTLEMINT"
company: "Turtlemint Fintech Solutions Ltd"
canonical: "https://tapetide.com/stocks/TURTLEMINT"
isin: "INE0OC301013"
nse_symbol: "TURTLEMINT"
bse_code: "544799"
sector: "Financial Services"
industry: "Financial Technology (Fintech)"
market_cap_cr: 3855.32
generated_at: "2026-09-13T18:45:30.818Z"
---

# Turtlemint Fintech Solutions Ltd (TURTLEMINT)

Canonical page: https://tapetide.com/stocks/TURTLEMINT

## Company

- **NSE Symbol:** TURTLEMINT
- **BSE Code:** 544799
- **ISIN:** INE0OC301013
- **Sector:** Financial Services
- **Industry:** Financial Technology (Fintech)
- **Macro Sector:** Financial Services
- **Listed Since:** 2026-06-29
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** turtlemint.com

## About

Incorporated in 2015, Turtlemint Limited is 
a technology-enabled insurance distribution platform that connects customers, insurance advisors (Digital Partners), and insurers.[1]

## Latest Price

- **Price:** ₹136.12
- **Change:** +4.28 (+3.25%)
- **Open:** ₹131.99
- **Day High:** ₹136.87
- **Day Low:** ₹129.84
- **Previous Close:** ₹131.84
- **Volume:** 589477
- **As Of:** 2026-09-11T10:29:14+00:00

## Key Fundamentals

Observed at 2026-09-11T04:49:52.249583Z.

- **Market Cap:** ₹3855.32 Cr
- **Classification:** Microcap
- **P/E (reported):** -22.2
- **Book Value:** ₹33.47
- **Price to Book:** 3.94
- **Dividend Yield:** 0%
- **ROE:** -47.29%
- **ROCE:** -42.93%
- **Debt to Equity:** 0.06
- **Revenue (yearly):** ₹1098.28 Cr
- **Net Income:** ₹-192.56 Cr
- **EBITDA:** ₹-185.39 Cr
- **52-Week High:** ₹160
- **52-Week Low:** ₹110.41
- **RSI (14):** 42.19

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 105 to 52.8 days.
- Company's working capital requirements have reduced from 427 days to 30.7 days

### Weaknesses

- Company has low interest coverage ratio.
- Promoter holding is low: 13.2%
- Company has a low return on equity of -34.5% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 10.7% | 24.52% | — |
| ebitda margin growth | — | -26.61% | -88.41% | -68.27% |
| net income growth | — | -0.79% | 16% | 14.76% |
| revenue growth | -17.98% | 58.44% | 38% | 29.21% |
| roce | 657.6% | 30.05% | 15.4% | -63.01% |
| roe | — | 37.91% | -40.11% | 22.01% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 252 | 210 | 278 | 357 | 294 |
| Expenses | 289 | 256 | 316 | 361 | 327 |
| Operating Profit | -37 | -46 | -39 | -4 | -33 |
| OPM % | -15 | -22 | -14 | -1.1 | -11 |
| Other Income | 5 | 4 | -19 | 3 | 2 |
| Interest | 0 | 1 | 0 | 0 | 2 |
| Depreciation | 7 | 4 | 4 | 4 | 4 |
| Profit before tax | -40 | -47 | -62 | -5 | -38 |
| Tax % | 0 | 0 | 0 | -161 | 0 |
| Net Profit | -39 | -47 | -62 | 3 | -38 |
| EPS in Rs | -3785.03 | -4434 | -11.66 | 0.59 | -1.28 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 294 | 420 | 79 | 663 | 1098 |
| Expenses | 465 | 734 | 290 | 850 | 1229 |
| Operating Profit | -171 | -314 | -211 | -188 | -130 |
| OPM % | -58 | -75 | -269 | -28 | -12 |
| Other Income | 11 | 40 | 40 | 30 | -44 |
| Interest | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 5 | 12 | 20 | 29 | 16 |
| Profit before tax | -168 | -288 | -193 | -189 | -193 |
| Tax % | 0 | 0 | 0 | 2 | -4 |
| Net Profit | -168 | -288 | -193 | -194 | -184 |
| EPS in Rs | -16286.41 | -27603.45 | -18467.05 | -18628.6 | -34.51 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 5 |
| Reserves | 106 | 742 | 562 | 409 | 300 |
| Borrowings | 19 | 28 | 21 | 28 | 18 |
| Other Liabilities | 74 | 131 | 30 | 142 | 126 |
| Total Liabilities | 199 | 900 | 613 | 579 | 450 |
| Fixed Assets | 18 | 57 | 38 | 44 | 34 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 181 | 843 | 575 | 535 | 416 |
| Total Assets | 199 | 900 | 613 | 579 | 450 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -186 | -286 | -242 | -216 | -182 |
| Cash from Investing Activity | 196 | -579 | 248 | 235 | 172 |
| Cash from Financing Activity | -13 | 903 | -10 | -15 | -13 |
| Net Cash Flow | -3 | 37 | -4 | 5 | -23 |
| Free Cash Flow | -192 | -298 | -243 | -218 | -185 |
| CFO/OP | 108 | 91 | 111 | 132 | 120 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 95 | 91 | 173 | 88 | 53 |
| Cash Conversion Cycle | 95 | 91 | 173 | 88 | 53 |
| Working Capital Days | 9 | 467 | 1156 | 95 | 31 |
| ROCE % | — | -64 | -28 | -37 | -36 |

## Shareholding Pattern

### Quarterly

| Category | Jun 2026 |
| --- | --- |
| Promoters | 13.21% |
| FIIs | 6.34% |
| DIIs | 13.33% |
| Government | 0.11% |
| Public | 5.43% |
| Others | 61.58% |
| No. of Shareholders | 176 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 3 / 10 / 6

### Moving Averages — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 141.02 | Sell |
| EMA (10) | 139.55 | Sell |
| SMA (20) | 144.3 | Sell |
| EMA (20) | 139.95 | Sell |
| SMA (50) | 134.63 | Buy |
| EMA (50) | 135.15 | Buy |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.92 | Neutral |
| MACD (12,26,9) | 0.44 | Sell |
| Stochastic (14,3,3) | 9.82 | Buy |
| ADX (14) | 13.55 | Neutral |
| Williams %R (14) | -79.18 | Neutral |
| ATR (14) | 7.95 | High Volatility |
| ROC (12) | -7.31 | Sell |
| Stoch RSI (14) | 21.04 | Neutral |
| UO (7,14,28) | 45.96 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 1 | 100% |
| Hold | 0 | 0% |
| Sell | 0 | 0% |

Based on 1 analyst ratings, observed at 2026-09-11T04:49:52.330596+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7bb62004-86af-4a87-ac55-3f0923774b6e.pdf) |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d4b9374-6382-4547-8682-c137af56f6b8.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=85387e37-c669-43c3-a340-0bc27a2c4917.pdf) |
| 2026-09-02 | [Notice Of 11Th AGM Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a5061caa-b445-452b-b7a3-0c7b2f28afb9.pdf) |
| 2026-09-02 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c6051b8d-fb90-4627-8fbb-6abc786a1e7c.pdf) |
| 2026-09-02 | [Dispatch Of Letter To Shareholders Whose E-Mail Addresses Are Not Registered With The Company/RTA/Depository Participants](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cd73fce3-526b-4071-adf1-6a9308ab4fae.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=148cfa01-7683-44be-98ea-61aaf974185f.pdf) |
| 2026-08-31 | [Board Meeting Outcome for Outcome Of The Board Meeting Of The Company Held On Monday August 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bab674d8-637b-4165-bb9f-f624cc3785f2.pdf) |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63b9c486-2c53-4f8b-8582-5d67b5421374.pdf) |
| 2026-08-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dc2ae93b-ae5f-4c76-8bca-520e82b5cb8a.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-20 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=de396cee-ff28-4b5e-9479-13e4d50362e6.pdf) |
| 2026-07-22 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=69429fec-31aa-4d62-8feb-c9b6c7376da1.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Unaudited Financial Results For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84d1262f-f56f-4553-82b8-c08de4df47f7.pdf) |
| 2026-07-17 | [Audited Financial Results (Standalone And Consolidated) For The Quarter And Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7622d588-876b-46da-8dc3-5d16d1881901.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9d7d3c7a-d559-4709-b4ba-db64eeff21f7.pdf) |
| 2026-07-17 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c6465d6-1e78-418d-abf3-a4a9a9a6e575.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cba55783-e43c-4a2d-aeb5-9fa175c35c86.pdf) |
| 2026-07-17 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=465c1a94-aad4-4935-a922-3314dab2ffa0.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:45:30.818Z.