Turtlemint Fintech Solutions Ltd.
•₹ 149.343.28%
2026-08-21
PROS
- Company is almost debt free
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.10x)
- Working capital cycle has improved - days down from 2398 to 196
- Company generates healthy free cash flow
CONS
- Company is loss-making at the operating / net level
- Operating cash flow has been negative in recent years
- Interest coverage is weak at -77.5x - earnings barely cover interest
- Company has a low return on equity of -37.8% over last 3 years
- Company has a low return on capital employed of -35.4%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | GROWW | 194.20 | 49.94 | 121833.25 | 0.00 | 7350.40 | — | 15014.20 | 1560.13 | 37.54 | 64.60 |
| 2. | PAYTM | 1585.20 | 156.36 | 101632.42 | 0.00 | 220.00 | 79.59 | 2448.00 | 27.67 | -4.43 | 8.29 |
| 3. | POLICYBZR | 1780.00 | 110.07 | 82359.69 | 0.00 | 1629.10 | 1824.51 | 18882.80 | 1300.81 | 6.85 | 7.24 |
| 4. | PINELABS | 157.65 | 142.91 | 18190.57 | 0.00 | 195.70 | 3985.59 | 7369.20 | 1096.47 | -1.37 | 12.88 |
| 5. | STYL | 379.55 | 23.28 | 6141.34 | 0.66 | 60.34 | 63.78 | 376.47 | 21.10 | 37.71 | 23.21 |
| 6. | CCAVENUE | 14.89 | 17.71 | 5206.17 | 0.00 | 84.77 | 45.08 | 2680.40 | 109.37 | 8.63 | 3.80 |
| 7. | TURTLEMINT | 139.00 | 0.00 | 4093.26 | 0.00 | -377.80 | — | 2940.80 | — | -38.38 | -11.20 |
| 8. | MOBIKWIK | 195.90 | 0.00 | 1542.65 | 0.00 | 7.62 | 118.17 | 281.48 | 3.73 | -8.65 | 2.88 |
| 9. | SUVIDHAA | 2.39 | 0.00 | 50.14 | 0.00 | -1.91 | 55.58 | 2.40 | 135.29 | -32.85 | -70.42 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Jun 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| 252 | 210 | 3,572 | 2,941 | |
| 296 | 261 | 3,656 | 3,335 | |
| Operating Profit | — | — | — | — |
| OPM % | — | — | — | — |
| Other Income | 5 | 4 | 32 | 16 |
| Interest | 0 | 1 | 5 | 25 |
| Depreciation | 7 | 4 | 40 | 40 |
| -40 | -47 | -52 | -379 | |
| Tax % | 0.15% | -0.00% | 160.38% | 0.24% |
| Net Profit | -39 | -47 | 31 | -378 |
| -0 | -0 | 0 | -1 | |
| Equity Capital | 0 | 0 | 53 | 294 |
| Reserves | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 0 | 0 | 53 | 294 |
| Reserves | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% |
Mar 2025
- 252
- 296
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 7
- -40
- Tax %
- 0.15%
- Net Profit
- -39
- -0
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 210
- 261
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 1
- Depreciation
- 4
- -47
- Tax %
- -0.00%
- Net Profit
- -47
- -0
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 3,572
- 3,656
- Operating Profit
- —
- OPM %
- —
- Other Income
- 32
- Interest
- 5
- Depreciation
- 40
- -52
- Tax %
- 160.38%
- Net Profit
- 31
- 0
- Equity Capital
- 53
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 53
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 2,941
- 3,335
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 25
- Depreciation
- 40
- -379
- Tax %
- 0.24%
- Net Profit
- -378
- -1
- Equity Capital
- 294
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 294
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 420 | 79 | 663 | 6,975 | |
| 734 | 291 | 851 | 7,548 | |
| Operating Profit | -274 | -172 | -158 | — |
| OPM % | -65 | -218 | -24 | — |
| Other Income | 40 | 40 | 30 | 57 |
| Interest | 2 | 2 | 2 | 31 |
| Depreciation | 12 | 20 | 29 | 91 |
| -288 | -193 | -189 | -517 | |
| Tax % | 0 | 0 | -3 | 16 |
| Net Profit | -288 | -193 | -194 | -433 |
| EPS | -27,601 | -19,335 | -19,410 | — |
| Dividend Payout % | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | -58 | -39 | -39 | — |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | -58 | -39 | -39 | — |
Mar 2023
- 420
- 734
- Operating Profit
- -274
- OPM %
- -65
- Other Income
- 40
- Interest
- 2
- Depreciation
- 12
- -288
- Tax %
- 0
- Net Profit
- -288
- EPS
- -27,601
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -58
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -58
Mar 2024
- 79
- 291
- Operating Profit
- -172
- OPM %
- -218
- Other Income
- 40
- Interest
- 2
- Depreciation
- 20
- -193
- Tax %
- 0
- Net Profit
- -193
- EPS
- -19,335
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -39
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -39
Mar 2025
- 663
- 851
- Operating Profit
- -158
- OPM %
- -24
- Other Income
- 30
- Interest
- 2
- Depreciation
- 29
- -189
- Tax %
- -3
- Net Profit
- -194
- EPS
- -19,410
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -39
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -39
TTM
- 6,975
- 7,548
- Operating Profit
- —
- OPM %
- —
- Other Income
- 57
- Interest
- 31
- Depreciation
- 91
- -517
- Tax %
- 16
- Net Profit
- -433
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- -38%
- Last Year:
- -43%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| LIABILITIES | - | - | - |
| 0 | 0 | 0 | |
| 726 | 533 | 373 | |
| Trade Payables | 91 | 9 | 65 |
| 84 | 71 | 141 | |
| Total Liabilities | 900 | 613 | 579 |
| ASSETS | - | - | - |
| 57 | 38 | 44 | |
| 0 | 37 | 160 | |
| Cash & Bank | 155 | 268 | 183 |
| 688 | 269 | 191 | |
| Total Assets | 900 | 613 | 579 |
| Total Debt | 0 | 0 | 0 |
| Net Working Capital | 693 | 517 | 357 |
| Contingent Liabilities | 17 | 43 | 57 |
| Book Value per Share | 72565.50 | 53345.00 | 37262.40 |
| Face Value | 1.00 | 1.00 | 1.00 |
| Total Debt | 0 | 0 | 0 |
| Net Working Capital | 693 | 517 | 357 |
| Contingent Liabilities | 17 | 43 | 57 |
| Book Value per Share | 72565.50 | 53345.00 | 37262.40 |
| Face Value | 1.00 | 1.00 | 1.00 |
Mar 2023
- 0
- 726
- Trade Payables
- 91
- 84
- Total Liabilities
- 900
- 57
- 0
- Cash & Bank
- 155
- 688
- Total Assets
- 900
- Total Debt
- 0
- Net Working Capital
- 693
- Contingent Liabilities
- 17
- Book Value per Share
- 72565.50
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 693
- Contingent Liabilities
- 17
- Book Value per Share
- 72565.50
- Face Value
- 1.00
Mar 2024
- 0
- 533
- Trade Payables
- 9
- 71
- Total Liabilities
- 613
- 38
- 37
- Cash & Bank
- 268
- 269
- Total Assets
- 613
- Total Debt
- 0
- Net Working Capital
- 517
- Contingent Liabilities
- 43
- Book Value per Share
- 53345.00
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 517
- Contingent Liabilities
- 43
- Book Value per Share
- 53345.00
- Face Value
- 1.00
Mar 2025
- 0
- 373
- Trade Payables
- 65
- 141
- Total Liabilities
- 579
- 44
- 160
- Cash & Bank
- 183
- 191
- Total Assets
- 579
- Total Debt
- 0
- Net Working Capital
- 357
- Contingent Liabilities
- 57
- Book Value per Share
- 37262.40
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 357
- Contingent Liabilities
- 57
- Book Value per Share
- 37262.40
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| -286 | -242 | -216 | |
| Cash from Investing | -579 | 248 | 235 |
| Cash from Financing | 903 | -10 | -15 |
| 37 | -4 | 5 | |
| Free Cash Flow | -286 | -242 | -243 |
| OCF / Net Profit | 0.99 | 1.25 | 1.11 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
| OCF / Net Profit | 0.99 | 1.25 | 1.11 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
Mar 2023
- -286
- Cash from Investing
- -579
- Cash from Financing
- 903
- 37
- Free Cash Flow
- -286
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 0
Mar 2024
- -242
- Cash from Investing
- 248
- Cash from Financing
- -10
- -4
- Free Cash Flow
- -242
- OCF / Net Profit
- 1.25
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.25
- Cumulative 5-Year FCF
- 0
Mar 2025
- -216
- Cash from Investing
- 235
- Cash from Financing
- -15
- 5
- Free Cash Flow
- -243
- OCF / Net Profit
- 1.11
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.11
- Cumulative 5-Year FCF
- 0
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| PER SHARE | - | - | - |
| EPS (₹) | -28818.30 | -19334.80 | -19410.50 |
| Book Value (₹) | 72565.50 | 53345.00 | 37262.40 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.00 | 0.00 | 0.00 |
| PROFITABILITY | - | - | - |
| Operating Margin % | -65.15% | -269.70% | -28.40% |
| Net Margin % | -68.63% | -245.86% | -29.29% |
| ROE % | -39.71% | -30.71% | -42.85% |
| ROCE % | -38.45% | -29.27% | -38.38% |
| -32.01% | -25.56% | -32.59% | |
| EFFICIENCY | - | - | - |
| Debtor Days | 91 | 330 | 54 |
| Inventory Days | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 |
| 91 | 330 | 54 | |
| FINANCIAL HEALTH | - | - | - |
| Debt to Equity (x) | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | -123.97x | -95.63x | -77.54x |
| 6.27x | 16.89x | 3.50x | |
| GROWTH | - | - | - |
| Revenue Growth % | 0.00% | -81.27% | 742.69% |
| Operating Profit Growth % | 0.00% | 37.27% | 8.09% |
| Net Profit Growth % | 0.00% | 32.91% | -0.39% |
| 0.00% | 32.91% | -0.39% | |
| VALUATION | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% |
| 0.00x | 1.55x | 1.15x |
Mar 2023
- EPS (₹)
- -28818.30
- Book Value (₹)
- 72565.50
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.00
- Operating Margin %
- -65.15%
- Net Margin %
- -68.63%
- ROE %
- -39.71%
- ROCE %
- -38.45%
- -32.01%
- Debtor Days
- 91
- Inventory Days
- 0
- Payable Days
- 0
- 91
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- -123.97x
- 6.27x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- -19334.80
- Book Value (₹)
- 53345.00
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.00
- Operating Margin %
- -269.70%
- Net Margin %
- -245.86%
- ROE %
- -30.71%
- ROCE %
- -29.27%
- -25.56%
- Debtor Days
- 330
- Inventory Days
- 0
- Payable Days
- 0
- 330
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- -95.63x
- 16.89x
- Revenue Growth %
- -81.27%
- Operating Profit Growth %
- 37.27%
- Net Profit Growth %
- 32.91%
- 32.91%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.55x
Mar 2025
- EPS (₹)
- -19410.50
- Book Value (₹)
- 37262.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.00
- Operating Margin %
- -28.40%
- Net Margin %
- -29.29%
- ROE %
- -42.85%
- ROCE %
- -38.38%
- -32.59%
- Debtor Days
- 54
- Inventory Days
- 0
- Payable Days
- 0
- 54
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- -77.54x
- 3.50x
- Revenue Growth %
- 742.69%
- Operating Profit Growth %
- 8.09%
- Net Profit Growth %
- -0.39%
- -0.39%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.15x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-20 - Transcript of Earnings Call for Q1FY27 Results held on August 14, 2026
- General Updates
2026-08-17 - With reference to Company s code of conduct to regulate, monitor and report trading by designated persons and their immediate relatives ( Insider Trading Code ) read with SEBI (Prohibition of Insider Trading) Regulations, 2015, please find enclosed herewith the report related to the violation of Company s Insider Trading Code by certain designated persons in the format prescribed by SEBI vide its Circular SEBI/HO/ISD/ISD/CIR/P/2020/135 dated July 23, 2020.
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
Jul 2026