Justo Realfintech Ltd
Incorporated in 2019, Justo Realfintech Limited specializes in providing comprehensive real estate solutions, including sales, marketing, funding, and project planning services, primarily targeting mid-ticket residential developments.[1]
- Market Cap ₹ 185 Cr.
- Current Price ₹ 98.2
- High / Low ₹ 137 / 75.0
- Stock P/E 13.1
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 44.0 %
- ROE 37.7 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 48.8%
Cons
- Promoter holding is low: 38.2%
- Company has high debtors of 222 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Real Estate related services
Part of BSE SME IPO
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 10 | 30 | 70 | 59 | 81 | 79 | |
| 9 | 25 | 48 | 49 | 60 | 58 | |
| Operating Profit | 1 | 6 | 22 | 11 | 22 | 21 |
| OPM % | 13% | 18% | 32% | 18% | 27% | 27% |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 1 | 1 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 5 | 21 | 9 | 20 | 19 |
| Tax % | -5% | 28% | 28% | 26% | 26% | |
| 1 | 4 | 15 | 7 | 15 | 14 | |
| EPS in Rs | 86.17 | 282.53 | 1,180.14 | 534.26 | 10.86 | 9.01 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| TTM: | 37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 60% |
| TTM: | 117% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 53% |
| 3 Years: | 49% |
| Last Year: | 38% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.13 | 0.13 | 0.13 | 0.13 | 14 | 19 |
| Reserves | 0 | 5 | 20 | 27 | 39 | 96 |
| 2 | 3 | 4 | 2 | 16 | 22 | |
| 4 | 6 | 9 | 12 | 8 | 17 | |
| Total Liabilities | 7 | 14 | 33 | 42 | 76 | 153 |
| 0 | 1 | 1 | 4 | 7 | 7 | |
| CWIP | 0 | 0 | 0 | 2 | 4 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 7 |
| 7 | 14 | 31 | 36 | 65 | 139 | |
| Total Assets | 7 | 14 | 33 | 42 | 76 | 153 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -1 | 2 | 1 | 5 | -9 | |
| -0 | -2 | -2 | -4 | -9 | |
| 2 | 1 | 0 | -1 | 25 | |
| Net Cash Flow | -0 | 1 | -1 | -0 | 7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 194 | 121 | 149 | 194 | 222 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 194 | 121 | 149 | 194 | 222 |
| Working Capital Days | 76 | 35 | 105 | 141 | 163 |
| ROCE % | 98% | 138% | 38% | 44% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Gross Value of Inventory Sold ₹ Lakhs |
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| Revenue Concentration - Pune Geography % |
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| Carpet Area Sold Lakh Sq Ft |
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| Total Headcount Numbers |
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| Units Sold Numbers |
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| Registered Channel Partners Numbers |
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Documents
Announcements
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Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
10 Mar - Promoter Puspamitra Das bought 4,000 shares (0.02%) on 10‑Mar‑2026; holding now 39.49%.
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Announcement under Regulation 30 (LODR)-Investor Presentation
9 Mar - Justo Realfintech Limited hereby submits the Investor Presentation of the Company Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015
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Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
9 Mar - Promoter Puspamitra Das bought 9,000 shares (0.05%) on 09-03-2026, raising stake to 39.47%.
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 7 Mar
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
5 Mar - Justo Realfintech Limited informed Exchange regarding its participation in the Analyst(s)/Institutional Investor(s) Meet, scheduled to be held on March 10, 2026. Detailed disclosure is attached …
Concalls
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Mar 2026TranscriptAI SummaryPPT
Business Profile[1][2]
Justo Realfintech Limited is a full-service real estate mandate company based in Maharashtra, India. The company operates in Pune, Mumbai Metropolitan Region (MMR), and Nashik, with additional presence in Aurangabad and Kolhapur. Established as a tech-enabled real estate services provider, Justo manages the entire sales and marketing lifecycle for real estate developers through its extensive network of over 3,400 channel partners.