Justo Realfintech Ltd (544542) — concall transcript | 31 December 2025

· BSE 🟡 Notable Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
📢 Key Event
Justo Realfintech Limited reported ₹9,687 crores in project sales and 12,800+ units sold as of December 2025, driven by 47 active mandates.
🔄 What Changed
PAT increased from ₹9 crores in 2024 to ₹15+ crores in 2025, reversing a prior decline; GMV rose from ₹1,383 crores (2022) to ₹2,339 crores (2023).
🔮 What's Next
The company expects ₹5,000 crores revenue and ₹25-30 crores net profit next year, with Mumbai-focused high-value projects targeting 1.2-2.5 crore ticket sizes.
💡 Investor Takeaway
The company is scaling rapidly in high-demand cities like Pune and Mumbai, with strong margins and a clear expansion roadmap, but faces cash flow pressure due to long receivables cycles.

Justo Realfintech Limited, a BSE-listed tech-enabled real estate services provider, reported ₹9,687 crores in project sales and 12,800+ units sold as of December 2025, driven by 47 active mandates covering ₹4,000-5,000 crores of inventory across Mumbai, Pune, Nashik, Aurangabad, and Kolhapur. The company, which went public in September 2025, leverages an asset-light model with 3,400+ RERA-registered channel partners and a tech stack including Justo Verse and Justo Pulse. It targets expansion into Bangalore, Hyderabad, and Ahmedabad to capture 70% of the Indian market, focusing on the ₹50 lakh to ₹2.5 crore segment. Financials show 30-40% growth, 73% revenue from Pune, and ₹20 crores PAT, with ₹7,000 crores inventory and 50% execution expected next year.

📄 View Original Announcement (PDF)

About Justo Realfintech Ltd (544542)

Realty · Realty · Listed on BSE

Market Cap: ₹204.9 Cr

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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