Motilal Oswal is recommending Turtlemint shares, setting a target price of ₹75.
The firm points to Turtlemint's impressive growth: operating revenue grew 35% and Service EBITDA grew 50% YoY to ₹450m in 2QFY27, showing strong momentum.
Turtlemint expands, can cut ₹60cr costs
Turtlemint is expanding by training partners and supporting multi-category distribution.
If things get tough, they can cut costs by up to ₹600 million, which helps keep things stable.
Analysts expect revenue to keep rising at about 36% each year through fiscal 2028; even if sales slow down, smart cost-saving measures are ready to kick in.