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 ₹ 225 Cr.
- Current Price ₹ 120
- High / Low ₹ 137 / 112
- Stock P/E 15.8
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 44.0 %
- ROE 38.3 %
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 30 | 70 | 59 | 81 | |
| 25 | 48 | 49 | 60 | |
| Operating Profit | 5 | 22 | 11 | 22 |
| OPM % | 18% | 32% | 18% | 27% |
| 0 | 0 | 0 | 0 | |
| Interest | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 5 | 22 | 9 | 20 |
| Tax % | 25% | 29% | 26% | 26% |
| 4 | 15 | 7 | 15 | |
| EPS in Rs | 284.83 | 1,177.83 | 515.01 | 10.99 |
| Dividend Payout % | 2% | 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: | 127% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 49% |
| Last Year: | 38% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.13 | 0.13 | 0.13 | 14 | 19 |
| Reserves | 5 | 20 | 27 | 39 | 96 |
| 3 | 4 | 2 | 16 | 22 | |
| 6 | 9 | 12 | 8 | 17 | |
| Total Liabilities | 14 | 33 | 42 | 76 | 153 |
| 1 | 1 | 4 | 7 | 7 | |
| CWIP | 0 | 0 | 2 | 5 | 0 |
| Investments | 0 | 0 | 0 | 0 | 7 |
| 14 | 31 | 36 | 65 | 139 | |
| Total Assets | 14 | 33 | 42 | 76 | 153 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 0 | 1 | 5 | -9 | |
| -1 | -2 | -4 | -9 | |
| 1 | 0 | -1 | 25 | |
| Net Cash Flow | 1 | -1 | -0 | 7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 121 | 149 | 194 | 222 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 121 | 149 | 194 | 222 |
| Working Capital Days | 60 | 105 | 140 | 160 |
| ROCE % | 139% | 38% | 44% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1 Nov - Justo Realfintech meeting with institutional investors at Capsight Connect, Nov 08, 2025, Vadodara.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
30 Oct - Justo secures ₹1,545+ crore mandates; cumulative portfolio >₹4,500 crore; expected revenue ₹144–162 crore.
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Appointment Of Internal Auditor And Secretarial Auditor
29 Oct - Board approved H1 (Sep 30, 2025) results; IPO proceeds ~Rs57.7 crore; sales mandates GDV Rs1,545 crore.
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Change In Composition Of Committees.
29 Oct - Board reconstituted Oct 29, 2025: Chirag Mehta to Audit Committee; Priyesh Chheda to Nomination & Remuneration.
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Unaudited Standalone And Consolidated Financial Results For Half Year Ended 30Th September, 2025
29 Oct - H1 Sep 30, 2025 results; SME listing proceeds ₹57.7 crore; mandates 1,385 units, GDV ₹1,545 crore.
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.