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 1.04x)
CONS
- Company is loss-making at the operating / net level
- Operating cash flow has been negative in recent years
- Interest coverage is weak at -118.0x - earnings barely cover interest
- Receivables are growing faster than sales - a possible quality concern
- Company has a low return on capital employed of -32.4%
- Company has a low return on equity of -34.1% over last 3 years
* 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 | 200.65 | 51.60 | 125879.72 | 0.00 | 7350.40 | — | 15014.20 | 1560.13 | 37.54 | 64.60 |
| 2. | PAYTM | 1605.00 | 158.31 | 102901.86 | 0.00 | 220.00 | 79.59 | 2448.00 | 27.67 | -4.43 | 8.29 |
| 3. | POLICYBZR | 1770.60 | 109.49 | 81924.75 | 0.00 | 1629.10 | 1824.51 | 18882.80 | 1300.81 | 6.85 | 7.24 |
| 4. | PINELABS | 159.95 | 144.99 | 18455.96 | 0.00 | 195.70 | 3985.59 | 7369.20 | 1096.47 | -1.37 | 12.88 |
| 5. | STYL | 401.65 | 24.63 | 6498.93 | 0.62 | 60.34 | 63.78 | 376.47 | 21.10 | 37.71 | 23.21 |
| 6. | CCAVENUE | 14.96 | 17.80 | 5230.65 | 0.00 | 84.77 | 45.08 | 2680.40 | 109.37 | 8.63 | 3.80 |
| 7. | TURTLEMINT | 144.55 | 0.00 | 4256.69 | 0.00 | -377.80 | — | 2940.80 | — | -38.38 | -11.20 |
| 8. | MOBIKWIK | 195.45 | 0.00 | 1539.11 | 0.00 | 7.62 | 118.17 | 281.48 | 3.73 | -8.65 | 2.88 |
| 9. | SUVIDHAA | 2.40 | 0.00 | 50.35 | 0.00 | -1.91 | 55.58 | 2.40 | 135.29 | -32.85 | -70.42 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2025 | Jun 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| 7 | 7 | 205 | 208 | |
| 54 | 50 | 523 | 575 | |
| Operating Profit | — | — | — | — |
| OPM % | — | — | — | — |
| Other Income | 5 | 4 | 11 | 12 |
| Interest | 0 | 0 | 2 | 23 |
| Depreciation | 5 | 2 | 19 | 19 |
| -42 | -40 | -307 | -356 | |
| Tax % | -0.00% | -0.00% | -0.00% | -0.00% |
| Net Profit | -42 | -40 | -307 | -356 |
| -0 | -0 | -1 | -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
- 7
- 54
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 5
- -42
- Tax %
- -0.00%
- Net Profit
- -42
- -0
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 7
- 50
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 2
- -40
- Tax %
- -0.00%
- Net Profit
- -40
- -0
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 205
- 523
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 2
- Depreciation
- 19
- -307
- Tax %
- -0.00%
- Net Profit
- -307
- -1
- Equity Capital
- 53
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 53
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 208
- 575
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 23
- Depreciation
- 19
- -356
- Tax %
- -0.00%
- Net Profit
- -356
- -1
- Equity Capital
- 294
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 294
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 418 | 74 | 31 | 427 | |
| 729 | 286 | 188 | 1,202 | |
| Operating Profit | -271 | -171 | -131 | — |
| OPM % | -65 | -231 | -426 | — |
| Other Income | 41 | 41 | 27 | 31 |
| Interest | 2 | 2 | 1 | 26 |
| Depreciation | 12 | 20 | 22 | 45 |
| -286 | -193 | -154 | -744 | |
| Tax % | 0 | 0 | 0 | 0 |
| Net Profit | -286 | -193 | -154 | -744 |
| EPS | -27,349 | -19,261 | -15,420 | — |
| Dividend Payout % | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | -57 | -38 | -31 | — |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | -57 | -38 | -31 | — |
Mar 2023
- 418
- 729
- Operating Profit
- -271
- OPM %
- -65
- Other Income
- 41
- Interest
- 2
- Depreciation
- 12
- -286
- Tax %
- 0
- Net Profit
- -286
- EPS
- -27,349
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -57
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -57
Mar 2024
- 74
- 286
- Operating Profit
- -171
- OPM %
- -231
- Other Income
- 41
- Interest
- 2
- Depreciation
- 20
- -193
- Tax %
- 0
- Net Profit
- -193
- EPS
- -19,261
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -38
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -38
Mar 2025
- 31
- 188
- Operating Profit
- -131
- OPM %
- -426
- Other Income
- 27
- Interest
- 1
- Depreciation
- 22
- -154
- Tax %
- 0
- Net Profit
- -154
- EPS
- -15,420
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -31
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -31
TTM
- 427
- 1,202
- Operating Profit
- —
- OPM %
- —
- Other Income
- 31
- Interest
- 26
- Depreciation
- 45
- -744
- Tax %
- 0
- Net Profit
- -744
- 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:
- -34%
- Last Year:
- -33%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| LIABILITIES | - | - | - |
| 0 | 0 | 0 | |
| 732 | 540 | 398 | |
| Trade Payables | 91 | 8 | 10 |
| 84 | 70 | 79 | |
| Total Liabilities | 906 | 619 | 486 |
| ASSETS | - | - | - |
| 57 | 38 | 19 | |
| 1 | 1 | 115 | |
| 0 | 37 | 45 | |
| Cash & Bank | 153 | 268 | 155 |
| 695 | 275 | 153 | |
| Total Assets | 906 | 619 | 486 |
| Total Debt | 0 | 0 | 0 |
| Net Working Capital | 693 | 517 | 309 |
| Contingent Liabilities | 17 | 43 | 57 |
| Book Value per Share | 73164.00 | 54014.50 | 39824.70 |
| Face Value | 1.00 | 1.00 | 1.00 |
| Total Debt | 0 | 0 | 0 |
| Net Working Capital | 693 | 517 | 309 |
| Contingent Liabilities | 17 | 43 | 57 |
| Book Value per Share | 73164.00 | 54014.50 | 39824.70 |
| Face Value | 1.00 | 1.00 | 1.00 |
Mar 2023
- 0
- 732
- Trade Payables
- 91
- 84
- Total Liabilities
- 906
- 57
- 1
- 0
- Cash & Bank
- 153
- 695
- Total Assets
- 906
- Total Debt
- 0
- Net Working Capital
- 693
- Contingent Liabilities
- 17
- Book Value per Share
- 73164.00
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 693
- Contingent Liabilities
- 17
- Book Value per Share
- 73164.00
- Face Value
- 1.00
Mar 2024
- 0
- 540
- Trade Payables
- 8
- 70
- Total Liabilities
- 619
- 38
- 1
- 37
- Cash & Bank
- 268
- 275
- Total Assets
- 619
- Total Debt
- 0
- Net Working Capital
- 517
- Contingent Liabilities
- 43
- Book Value per Share
- 54014.50
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 517
- Contingent Liabilities
- 43
- Book Value per Share
- 54014.50
- Face Value
- 1.00
Mar 2025
- 0
- 398
- Trade Payables
- 10
- 79
- Total Liabilities
- 486
- 19
- 115
- 45
- Cash & Bank
- 155
- 153
- Total Assets
- 486
- Total Debt
- 0
- Net Working Capital
- 309
- Contingent Liabilities
- 57
- Book Value per Share
- 39824.70
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 309
- Contingent Liabilities
- 57
- Book Value per Share
- 39824.70
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| -283 | -241 | -132 | |
| Cash from Investing | -582 | 247 | 108 |
| Cash from Financing | 903 | -10 | 1 |
| 38 | -4 | -23 | |
| Free Cash Flow | -283 | -241 | -132 |
| OCF / Net Profit | 0.99 | 1.25 | 0.86 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
| OCF / Net Profit | 0.99 | 1.25 | 0.86 |
| Cumulative 5-Year FCF | 0 | 0 | 0 |
Mar 2023
- -283
- Cash from Investing
- -582
- Cash from Financing
- 903
- 38
- Free Cash Flow
- -283
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 0
Mar 2024
- -241
- Cash from Investing
- 247
- Cash from Financing
- -10
- -4
- Free Cash Flow
- -241
- OCF / Net Profit
- 1.25
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.25
- Cumulative 5-Year FCF
- 0
Mar 2025
- -132
- Cash from Investing
- 108
- Cash from Financing
- 1
- -23
- Free Cash Flow
- -132
- OCF / Net Profit
- 0.86
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.86
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| PER SHARE | - | - | - |
| EPS (₹) | -28555.20 | -19260.70 | -15420.20 |
| Book Value (₹) | 73164.00 | 54014.50 | 39824.70 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.00 | 0.00 | 0.00 |
| PROFITABILITY | - | - | - |
| Operating Margin % | -64.87% | -286.19% | -513.30% |
| Net Margin % | -68.35% | -260.08% | -502.84% |
| ROE % | -39.03% | -30.29% | -32.87% |
| ROCE % | -37.80% | -28.89% | -30.38% |
| -31.52% | -25.26% | -27.91% | |
| EFFICIENCY | - | - | - |
| Debtor Days | 92 | 350 | 490 |
| Inventory Days | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 |
| 92 | 350 | 490 | |
| FINANCIAL HEALTH | - | - | - |
| Debt to Equity (x) | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | -125.41x | -97.22x | -117.98x |
| 6.28x | 17.13x | 9.83x | |
| GROWTH | - | - | - |
| Revenue Growth % | 0.00% | -82.27% | -58.59% |
| Operating Profit Growth % | 0.00% | 36.93% | 23.51% |
| Net Profit Growth % | 0.00% | 32.55% | 19.94% |
| 0.00% | 32.55% | 19.94% | |
| 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 | 1.56x | 1.17x |
Mar 2023
- EPS (₹)
- -28555.20
- Book Value (₹)
- 73164.00
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.00
- Operating Margin %
- -64.87%
- Net Margin %
- -68.35%
- ROE %
- -39.03%
- ROCE %
- -37.80%
- -31.52%
- Debtor Days
- 92
- Inventory Days
- 0
- Payable Days
- 0
- 92
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- -125.41x
- 6.28x
- 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 (₹)
- -19260.70
- Book Value (₹)
- 54014.50
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.00
- Operating Margin %
- -286.19%
- Net Margin %
- -260.08%
- ROE %
- -30.29%
- ROCE %
- -28.89%
- -25.26%
- Debtor Days
- 350
- Inventory Days
- 0
- Payable Days
- 0
- 350
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- -97.22x
- 17.13x
- Revenue Growth %
- -82.27%
- Operating Profit Growth %
- 36.93%
- Net Profit Growth %
- 32.55%
- 32.55%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.56x
Mar 2025
- EPS (₹)
- -15420.20
- Book Value (₹)
- 39824.70
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.00
- Operating Margin %
- -513.30%
- Net Margin %
- -502.84%
- ROE %
- -32.87%
- ROCE %
- -30.38%
- -27.91%
- Debtor Days
- 490
- Inventory Days
- 0
- Payable Days
- 0
- 490
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- -117.98x
- 9.83x
- Revenue Growth %
- -58.59%
- Operating Profit Growth %
- 23.51%
- Net Profit Growth %
- 19.94%
- 19.94%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.17x
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