Turtlemint posts first profitable quarter, guides 18-20% EBITDA in 5 years

First post-IPO earnings call: FY26 revenue grew 57% to INR 1,098 crores, platform premium up 31% to INR 3,868 crores, service EBITDA up 70% to INR 142 crores. Q4 FY26 was the first ever breakeven quarter at adjusted EBITDA level with revenue of INR 357 crores (up 42%). Management targets service EBITDA margin of 18-20% and PBT margin of 17-20% over the next 5 years, expects 40%+ profitability improvement in FY27 with full year profitability. Active digital partners reached 84,000, growing at 64% CAGR over six years across 19,000 plus PIN codes.