Turtlemint Fintech Solutions Ltd
Press Release on the Audited Financial Results (standalone and consolidated) for the quarter and financial year ended March 31, 2026.
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 17 Jul 2026, 06:56 PM IST · BSE ID: c0f18eb4-8cb3-4be7-9b7b-bba2ef8fb2c1
View Original BSE Filing (PDF)
💡
In Simple Terms
Turtlemint Fintech announced its first profitable quarter and significant revenue growth for the full financial year.
🤖 AI Summary
- Turtlemint Fintech Solutions Ltd reported a Profit After Tax of INR 31 Mn for Q4 FY26, marking its first profitable quarter.
- Revenue From Operations increased 57% YoY to INR 10,983 Mn for the financial year ended March 31, 2026.
- Service EBITDA grew 70% YoY to INR 1,416 Mn for FY26, with Q4 FY26 Service EBITDA at INR 601 Mn.
- Adjusted EBITDA as a percentage of revenue improved from -27% in FY25 to -10% in FY26.
- The company expanded its network by adding 1.1 lakh+ Digital Partners during FY26, reaching 6.5 lakh+ total partners.
🔢 Key Numbers — exact figures from BSE filing, not rounded
FY26 Revenue From Operations
10,983 INR Mn
57%
FY26 Service EBITDA
1,416 INR Mn
70%
Q4 FY26 Profit After Tax and exceptional items
31 INR Mn
Not comparable — limited prior period data.
FY26 Profit After Tax and exceptional items
(1,843) INR Mn
Not comparable — limited prior period data.
Q4 FY26 Revenue From Operations
3,572 INR Mn
42%
🏢 How This Affects the Company
The company achieved a significant milestone by reporting its first profitable quarter, reflecting growth in its platform distribution and ecosystem across 19,000+ PIN codes with 6.5 lakh+ Digital Partners.
Profit After Tax turned positive at INR 31 Mn in Q4 FY26 from a loss of INR 394 Mn in Q4 FY25. For FY26, Adjusted EBITDA as % of Revenue improved from -27% to -10%, indicating enhanced financial efficiency.
The addition of 1.1 lakh+ Digital Partners during the year and total 6.5 lakh+ Digital Partners as of March 31, 2026, indicates continued expansion of its distribution network.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results press release.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, with the company achieving its first profitable quarter in Q4 FY26.
🔍
Management Signal
Management is focused on distribution strength, platform ecosystem, technology investments, and disciplined execution, aiming for sustainable value creation.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 financial results — monitor sustained profitability and revenue growth.
Updates on Digital Partner growth — track network expansion and platform reach.
Further details on Adjusted EBITDA margin improvement — assess operational efficiency.
MEDIUM RISK
While Q4 was profitable, the full FY26 still reflects a significant net loss, indicating a need for sustained financial performance.
💡 Investor Takeaway
Turtlemint Fintech reported Q4 FY26 Profit After Tax of INR 31 Mn, marking its first profitable quarter. For FY26, Revenue From Operations grew 57% YoY to INR 10,983 Mn, and Service EBITDA increased 70% YoY to INR 1,416 Mn, showing improving operational leverage.
⚖️ Strengths & Concerns
✅ Positives
- Achieved first ever profitable quarter with Profit After Tax and exceptional items at INR 31 Mn in Q4 FY26.
- FY26 Revenue From Operations demonstrated strong growth of 57% YoY, reaching INR 10,983 Mn.
⚠️ Concerns
- Despite Q4 profitability, the company recorded a full-year Profit After Tax and exceptional items loss of INR 1,843 Mn for FY26.
- Adjusted EBITDA for FY26 remained negative at INR (1,055) Mn, though showing improvement from INR (1,863) Mn in FY25.
📅 Company Track Record
Turtlemint Fintech Solutions Ltd acquired Turtlemint Insurance Broking Services Private Limited with effect from May 8, 2024. The FY25 proforma financials in this filing illustrate the impact of this acquisition. The company recently listed, with its Investor Presentation on FY26 results filed earlier today.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Turtlemint Fintech's Profit After Tax for Q4 FY26?
Turtlemint Fintech Solutions Ltd reported a Profit After Tax and exceptional items of INR 31 Mn for the quarter ended March 31, 2026.
What was Turtlemint Fintech's revenue growth for the financial year FY26?
Turtlemint Fintech's Revenue From Operations for FY26 grew 57% YoY to INR 10,983 Mn.
How did Turtlemint Fintech's Service EBITDA perform in FY26?
Service EBITDA for Turtlemint Fintech Solutions Ltd grew 70% YoY to INR 1,416 Mn for the financial year ended March 31, 2026.
How many Digital Partners did Turtlemint Fintech add in FY26?
Turtlemint Fintech Solutions Ltd added 1.1 lakh+ Digital Partners during FY26, reaching a total of 6.5 lakh+ as of March 31, 2026.
What was the Adjusted EBITDA as a percentage of revenue for Turtlemint Fintech in FY26?
Adjusted EBITDA as a percentage of revenue for Turtlemint Fintech Solutions Ltd improved from -27% in FY25 to -10% in FY26.
Questions based on this BSE filing only. For information purposes.