Turtlemint Fintech Solutions Limited — Q1FY27 earnings call summary

Filed 22 July 2026 · Official transcript

FY26 platform premium grew 31% to INR 3,868 Cr; revenue up 57% to INR 1,098 Cr; service EBITDA up 70% to INR 142 Cr
FY27 outlook: expect continued growth, profitability improvement over 40%, adjusted EBITDA margin to expand to 18-20%
Operating leverage strong; corporate overheads reduced to 23% of revenues in FY26, 16% in Q4
Renewal revenue grew 51% to INR 225 Cr, constituting 20% of FY26 revenues
Q4 revenue grew 42% to INR 357 Cr; service EBITDA grew 60% to INR 60 Cr; first breakeven quarter at adjusted EBITDA
Enterprise Turtlefin business contributes ~20% of premium, high-margin tech licensing model
Renewal service EBITDA margin 2.5-3x higher than new business; renewal book quality and persistency emphasized
Active digital partners grew to 93,000; top 100 partners contribute less than 5% of premium