NSEPress Release17 Jul 2026 · 17 Jul 2026, 06:51 pm

Press Release

Turtlemint Fintech Solutions Limited · TURTLEMINT

✦ AI Summary▲ PositiveResults

Turtlemint Fintech Solutions Limited has reported its financial results for the quarter and financial year ended March 31, 2026, delivering strong growth while achieving key profitability milestones. The company has reported a 57% revenue growth in FY26 and a 42% revenue growth in Q4FY26.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10

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Full Announcement

Turtlemint Fintech Solutions Limited has informed the Exchange regarding a press release dated July 17, 2026, titled "Press Release on Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026.".

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TURTLEMINT_17072026185124_PressRelease.pdf

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July 17, 2026 To, To The Manager The Manager, Listing Department Listing Department BSE Limited (“BSE”) National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, (“NSE”) Dalal Street, Fort Exchange Plaza, Plot No. C/1, G Block, Mumbai 400 001. Bandra-Kurla Complex, Bandra (East), Mumbai 400 051. BSE Scrip Code: 544799 NSE Symbol: TURTLEMINT ISIN: INE0OC301013 Sub: Press Release on Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026. Dear Sir/Ma’am, In reference to the above captioned subject, please find attached a copy of Press Release with respect to Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and financial year ended March 31, 2026. The same is also available on the website of the Company at www.turtlemint.com Request you to take the same on your record and acknowledge. Yours Faithfully, Thanking You, For Turtlemint Fintech Solutions Limited (Formerly known as Turtlemint Fintech Solutions Private Limited and Fintech Blue Solutions Private Limited) Prashant Saini Company Secretary & Compliance Officer Membership No. A23769 Encl: As above Turtlemint reports profitableQ4 FY26;Revenue growthof 57%inFY26 Mumbai, 17 July 2026: Turtlemint Fintech Solutions Limited (“Turtlemint”) (BSE: 544799 | NSE: TURTLEMINT), today announced its financial results for the quarter and financial year ended March 31, 2026, delivering strong growthwhileachievingkeyprofitabilitymilestones. FY25 YoY YoY Particulars(INRMn)* FY26 Q4FY25 Q4FY26 (Proforma) Growth Growth RevenueFromOperations 7,003 10,983 57% 2,516 3,572 42% ServiceEBITDA 832 1,416 70% 376 601 60% AdjustedEBITDA (1,863) (1,055) -335 29 NM %ofRevenuefromoperations -27% -10% 17% -13% 1% 14% ProfitAfterTaxandexceptional (2,026) (1,843) -394 31 NM items *TurtlemintFintechSolutionLtdacquiredTurtlemintInsuranceBrokingServicesPrivateLimitedwitheffectfromMay8,2024(materialsubsidiary), Hence,theproformafinancialhasbeencompiledbythemanagementoftheCompanyonavoluntarybasistoillustratetheimpactoftheacquisition ofTIBonthefinancialperformanceforthefinancialyearsendedMarch31,2025 Speakingontheresults,DhirendraMahyavanshi,Chairperson,ManagingDirector&CEO,said"Ourgrowththis quarter reflects the distribution strength of our platform and ecosystem. We are excited to begin our journey as a listedcompany,reflectingthestrengthofourbusinessmodelanddisciplinedexecution.Today,morethan6.5lakh+ Digital Partners, supportedby partnerships with 46 insurers and a presence across19,000+ PIN codes, are helping makeinsurancemoreaccessibletomillionsofIndians.” Anand Prabhudesai, Executive Director & COO, said, “As we continue to invest in technology and AI, our focus remains on empowering our partners, enhancing customer experiences, and building one of India's most trusted digital insurance distribution platforms. The business is in excellent shape, with strong momentum across our key growth drivers, and we remain focused on executing our long-term strategy to create sustainable value for all our stakeholders." KeyHighlightsforQ4FY26  Delivered1steverprofitablequarterofthecompanyasProfitAfterTaxcameinatINR3crore Strongbusinessmomentumcontinuedasrevenuegrew42% ServiceEBITDAgrew60%YoYtoINR60croreasServiceEBITDAmarginexpansioncontinues KeyHighlightsforFY26 Revenuefromoperationssawstronggrowthof57%toINR1,098crore Added1.1lakh+DigitalPartnersduringtheyear ServiceEBITDAgrew70%YoYtoINR142croreasServiceEBITDAmarginsexpanded PlatformPremiumgrew31%YoYtoINR3,868crore Renewalrevenuegrew51%toINR224crore AdjustedEBITDAas%ofrevenueimprovedfrom(27%)inFY25to(10%)inFY26 Strong operating leverage continues to play out as corporate overheads as % of Revenue declined from 38%inFY25to23%inFY26  TotalDigitalPartnersstandsat6.5lakh+asof31stMarch2026. ********************************** NotestoEditors: TerminologyNotes: ServiceEBITDA:ServiceEBITDAequalsrevenuefromoperationslessCustomerAcquisition Cost(i.e.,totalexpenses directly attributable to operational activities in generating revenue from operations which includes commission paid), Direct Employee Cost (i.e., employee benefit expenses relatedto the salespersonnel who arethe primary contact for digital partners for their pre and post sales activities including renewals and claims support) and Costs of Direct Operations(i.e.certaintechplatformscostspertainingtopolicyissuance,post-salessupport,renewalsandclaims) Platform Premium: Platform premium refers to total premium (i.e payment and consideration) received on insurance policies(netofGoodsandServiceTax)thatwereissuedorre-issuedbyaninsurancecompanythroughourplatform. AdjustedEBITDA:AdjustedEBITDAfortherelevantperiod/yearequalslossfortheperiod/yearplustotaltaxexpense, finance costs, depreciation & amortisation expense, share based payment expense and exceptional items less other income TurtelmintFintechSolutionsLimited Headquartered in Mumbai (India) Turtlemint Fintech Solutions operates a triadic technology platform that creates a seamless, collaborativeecosystemfordistributingfinancialproducts—includinginsurance,loans,mutualfunds,andcreditcards—throughits subsidiaries. Powered by advanced technology, Turtlemint enables its network of 650,000+ digital partners to deliver a comprehensivesuiteoffinancialsolutions,expandingaccesstoinsuranceaswellaslendingandinvestmentproducts. AboutTurtlemintInsuranceBrokers Founded in 2015 by Dhirendra Mahyavanshi and Anand Prabhudesai, Turtlemint Insurance Brokers (a subsidiary of Turtlemint Fintech Solution Limited, also known as Turtlemint Insurance – www.turtlemintinsurance.com) is one of India’s leading digital insurance advisory and distribution platforms. The company operates a technology-driven platform that connects customers, insuranceadvisors,andinsurers,transforminginsurancedistributionbyaddressingcriticalgapsinaccessand awareness.Asof March31, 2026, Turtlemint has builtIndia’s largestcertified network ofover 532,000+registered Pointof Sale Persons(PoSPs) across 19,000+ pin codes, enabling them with digital tools, AI-powered recommendations, and continuous training through the TurtlemintProappandwebsite.Turtleminthasfacilitatedthesaleofover29million+insurancepoliciesacrosshealth,life,motor, andbusinessinsurance,inpartnershipwith46insurers.Itspaperless,digital-firstprocessesensureaseamlessjourneyfrompolicy selectiontoclaims. SocialHandles:Instagram|Linkedin|Twitter|Facebook|YouTube MediaContacts: ForTurtlemintFintechSolutionsLimited GunjanWathodkar| gunjan.wathodkar@turtlemint.com|+919819272007 ForAdfactorsPR SaileeNaik|sailee.nayak@adfactorspr.com|+919930167115 Disclaimer ThisdocumenthasbeenpreparedbyTurtlemint(togetherwithitssubsidiaries)solelytoprovideasummaryupdateonitsfinancial and operating performance for the relevant period. Certain statements contained in this document that are not statements of historical fact constitute forward-looking statements. These include, without limitation, statements concerning the Company’s strategyandbusinessplans,expansionofitsdistributionnetwork,productandtechnologyroadmap,expectedmarketopportunity, anticipatedrevenue,profitabilityorotherfinancialoroperationalmetrics.Forward-lookingstatementsarebasedontheCompany’s current expectations, assumptions and estimates regarding its business and the markets in which it operates and are neither promisesnorguaranteesoffutureperformance.Theyinvolveknownandunknownrisks,uncertaintiesandotherfactors,manyof whicharebeyondtheCompany’scontrol,thatcouldcauseactualresults,performanceorachievementstodiffermateriallyfrom thoseexpressedorimpliedherein.Suchfactorsinclude,amongothers:changesinlawsorintheregulatoryframework;thepace ofadoptionofdigitalinsurancedistribution;competitivedynamics;technologydisruptions;generaleconomic,politicalandmarket conditions; Company’s ability to execute its growth plans etc. In view of these uncertainties, readers should not place undue relianceonanyforward-lookingstatement,whichspeaksonlyasatthedateofthisdocu [Showing first 8,000 characters — download PDF for full document]