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 ₹ 189 Cr.
- Current Price ₹ 100
- High / Low ₹ 137 / 72.0
- Stock P/E 13.4
- 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%
- Promoter holding has increased by 1.31% over last quarter.
Cons
- Promoter holding is low: 39.5%
- 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 |
| Free Cash Flow | -1 | 1 | 0 | 3 | -13 |
| CFO/OP | -88% | 52% | 31% | 93% | -27% |
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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Extracted by Screener AI
Documents
Announcements
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Business Updates
4 May - Justo Realfintech secured sales mandates worth over ₹1,100 crore in Mumbai and Pune on May 4, 2026.
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General Update
29 Apr - 29 Apr 2026 board approved transfer of premium real estate business to WOS for 95,000 OCPS; two SMPs moved.
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Board Meeting Outcome for Meeting Held On 29Th April, 2026
29 Apr - Board approved transfer of premium real estate business to WOS Chestertons India for 95,000 OCPS on 29 Apr 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
29 Apr - Board approved transfer of premium real estate business to WOS Chestertons India; 95,000 OCPS consideration.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
14 Apr - April 14, 2026 disclosure: Justo Realfintech is not a Large Corporate; outstanding borrowing was Rs 14.85 crore.
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.