Justo Realfintech Ltd

Meeting Details

• Date and time: Tuesday, 29 September 2026 at 16:00 IST onwards.
• Mode: Virtual investor interaction.
• Event organizer: Bharat Connect Conference by Arihant Capital.
• Key participants: Management team to interact with investors and analysts.
• Purpose: investor interaction with analysts.
• UPSIs: No unpublished price sensitive information to be shared.

Justo Realfintech Ltd: Trading window closed from 1st October, 2026 till expiry of 48 hours after the declaration of Un-audited Financial results for the half year ending 30th September, 2026

Secretarial Auditor Appointment

• Appointment of M/s Ronak Jhuthawat & Co. as Secretarial Auditor for five years.
• Term is five consecutive years from FY 2026-27 to 2030-31.
• The AGM on 24 September 2026 approved the appointment.
• Reason: to conduct Secretarial Audit.
• Profile: Ronak Jhuthawat & Co., led by Dr. Ronak Jhuthawat; 10+ years' secretarial practice.
• Scope: secretarial audit, governance, compliance management.
• Relationship: Not applicable with directors.
• Effective date: 29 May 2026.

AGM Details

• Held on 24 Sep 2026 at 11:00 AM via VC/OAVM; concluded 11:28 AM.

Key Resolutions

• Adoption of audited standalone and consolidated financial statements, cash flow, and board and auditors' reports.
• Re-appointment of the director by rotation.
• Appointment of Secretarial Auditors and fixing remuneration.

Voting Results

• Audited financials resolution passed by majority.
• Director rotation resolution passed by majority.
• Secretarial auditors resolution passed; remuneration to be fixed.

Dividend

• No dividend proposed or declared.

Director Changes

• Director re-appointed by rotation.

Auditor Appointments

• Secretarial Auditor appointed; remuneration to be fixed.

Material Related Party Transactions

• No material related party transactions approved.

Other Material Approvals

• No additional material approvals disclosed.

AGM Details

• Date and mode: 24 September 2026, 11:00–11:28 IST, via video conferencing.

Ordinary Business

• Adoption of audited standalone and consolidated financial statements for year ended 31 March 2026.
• Re-appointment of Director Chirag Prasanna Mehta, retiring by rotation.

Special Business

• Appointment of M/s. Ronak Jhuthawat & Co as Secretarial Auditor for 2026–31.

Voting & Results

• Remote e-voting available; results to be intimated to stock exchanges.

Key Highlights

• Total new opportunities aggregating ₹166 crore across Maharashtra.
• Residential mandate of ₹70 crore in Nashik via Ayodhya Central Park.
• Commercial mandate of ₹96 crore in Pune via Chestertons India.
• Chestertons India subsidiary added to portfolio to broaden Pune advisory.
• Commercial mandate covers approximately 1 lakh sq ft in Karve Nagar, Pune.

Overview & listing

• Listed on the BSE SME platform on 1 October 2025.
• Mandate-led model covers strategy, marketing, sales, CRM, collections, and home financing.
• Chestertons India Private Limited became a wholly-owned subsidiary on 17 March 2026.
• Forward signing pipeline stands at ₹8,986 Cr; listing inventory ₹4,149 Cr.
• Executable inventory post-listing ₹8,796 Cr across 69 projects and 10,693 units.
• Geographic focus: Pune and MMR; expansion into Rest of Maharashtra.

Financial highlights FY26

• FY26 standalone revenue from operations ₹9,178.26 Lakhs; YoY +12.82%.
• EBITDA margin 31%; PAT ₹1,962.44 Lakhs.
• EPS Basic ₹12.02; Net worth ₹126.35 Crores.
• IPO proceeds ₹63.00 Cr; share capital ₹1,879.81 Lakhs.
• Dividend for FY25-26 not declared.
• Consolidated revenue ₹9,283.29 Lakhs; PAT ₹1,921.04 Lakhs.

Operations mix & pipeline

• Revenue mix: Mandate 98%; Launch Projects 60%; Sustenance 38%; Financial Advisory 2%.
• Forward signing pipeline ₹8,986 Cr; broadening residential and commercial mandates.
• 69 projects with 10,693 sanctioned units signed since listing.
• Chestertons India dual-brand strategy expands premium advisory scope.

Capital structure & IPO

• Authorized capital ₹2,500.00 Lakhs; paid-up capital ₹1,879.81 Lakhs.
• IPO: 4.961 million shares; premium ₹117; proceeds ₹63.00 Cr.
• Securities premium ₹6,197.94 Lakhs; Debenture Redemption Reserve moved to retain earnings.
• NCDs redeemed; vehicle loans secured; short-term borrowings ₹1,495.68 Lakhs.
• Standalone cash & cash equivalents ₹2,314.65 Lakhs; another bank balance ₹1,983.00 Lakhs.

Subsidiaries & restructuring

• Justo Infotech Labs Pvt Ltd is a wholly-owned subsidiary.
• Slump sale of premium division to Chestertons India Pvt Ltd for ₹9.50 Cr.
• Chestertons India Private Limited incorporated 17 March 2026; premium advisory focus.
• Intercompany investments and services between subsidiaries noted.

Governance & compliance

• Audit Committee chaired by Milind Oak; independent directors Parool Seth and Milind Oak.
• Ronak Jhuthawat & Co appointed as Secretarial Auditor for five years.
• CSR Committee established; CSR policy available on the company site.
• Statutory auditors SMMP & Company issued unqualified opinion.

CSR & ESG

• CSR liability ₹33.99 Lakhs; entire amount transferred to Unspent CSR Account.
• Konark Cancer Foundation project ongoing; CSR policy disclosed on website.

Outlook & risks

• GDP growth projected at 6.7% for FY26-27; demand remains resilient but selective.
• Plan to reach US$1 billion enterprise by 2027; Bengaluru, Ahmedabad, Hyderabad expansion.
• Continued focus on governance, technology, and talent to sustain profitable growth.

Event and collaboration

• JUSTO Realfintech and Bizmart hosted a Nairobi gathering on India's evolving real estate market.
• Pushpamitra Das, CMD, shared perspectives on market dynamics and investment opportunities.
• The event connected the Indian diaspora in East Africa with Indian real estate professionals.
• The Bizmart-JUSTO initiative aims to expand engagements across Kenya and East Africa.
• JUSTO Realfintech is BSE SME-listed with 6,000+ RERA-registered channel partners.
• Mumbai and Pune were highlighted as focus areas for Indian housing markets.

Sourcing Mandates launch

• Launch of Sourcing Mandates vertical; first assignment from Paranjape Schemes.
• Inventory valued at ₹300 crore+ across The Promenade Residences and Altius at Blue Ridge.
• Leverages 6,000+ channel partners to expand reach and accelerate acquisition.
• Developers’ internal teams will manage customer engagement and closures under the new model.

Overview

• Justo Realfintech adds four Pune mandates valued at ₹689 crore.

Mandate details

• Truespace Wakad by Atharva Developments valued at ₹120 crore.
• Royal Realty Rahatani launch valued at ₹142 crore.
• Puneville by Pharande Spaces Punawale valued at ₹210 crore.
• L Axis by Pharande Promoters Moshi valued at ₹217 crore.

Strategic significance

• Repeat developer relationships strengthen Pune footprint.

Outlook & governance

• Strategy remains relationship-led and execution-focused in Pune expansion.

Management commentary

• Pushpamitra Das highlights value of repeat partnerships and consistent execution.