Justo Realfintech reported FY26 profit after tax of ₹19.6 crore on revenue of ₹91.78 crore. The company plans to expand into Ahmedabad, Bengaluru, and Hyderabad in FY27.
Justo Realfintech Ltd: FY26 Performance and FY27 Expansion Plans
Justo Realfintech Limited reported a Profit After Tax (PAT) of ₹19.62 crore for the fiscal year ended March 31, 2026. Revenue from operations stood at ₹91.78 crore.
Reader Takeaway: Strong FY26 growth with tech-driven model; expansion into new cities poses execution risk.
What just happened
Justo Realfintech announced its financial results for FY26, showcasing a PAT of ₹19.62 crore, up from ₹15.03 crore in FY25. Revenue grew to ₹91.78 crore from ₹81.35 crore in the previous year. The company also provided guidance for FY27, targeting Gross Merchandise Value (GMV) between ₹3,400-3,700 crore and PAT of ₹24-26 crore.
Why this matters
The results indicate a positive growth trajectory for the tech-enabled real estate mandate business. The planned geographical expansion into Ahmedabad, Bengaluru, and Hyderabad signals ambition to scale operations nationwide. Investor focus will be on the execution of this expansion and the ability to meet FY27 targets.
The backstory
Justo Realfintech operates a structured mandate model, managing the sales value chain for real estate developers using proprietary technology. Its subsidiary, Chestertons India, offers real estate advisory services. The company utilizes an asset-light approach.
What changes now
With FY26 results in hand, Justo Realfintech is set to execute its expansion strategy in FY27. This includes entering new Tier I cities and aiming for higher GMV and PAT figures. The repayment of ₹5 crore in NCDs using IPO proceeds also signals a focus on financial health.
Risks to watch
Key concerns include the concentration of current operations in Pune and MMR, where market headwinds exist, including a decline in Pune's sales volume. The expansion into new cities introduces execution and market entry risks. Despite a disciplined cost structure, one-time expenses like bad debt write-offs were noted.
Peer comparison
(No specific peer comparison data was provided in the filing.)
Context metrics (time-bound)
- FY26 Revenue: ₹91.78 crore (up from ₹81.35 crore in FY25)
- FY26 PAT: ₹19.62 crore (up from ₹15.03 crore in FY25)
- FY26 Net Worth: ₹126.9 crore
- Basic EPS: ₹12.02
- FY27 Guidance: GMV ₹3,400-3,700 crore, Billing ₹105-110 crore, PAT ₹24-26 crore, Net Worth ₹150-155 crore.
- NCD Repayment: ₹5 crore in H2 FY26.
What to track next
Investors should monitor the progress of geographical expansion into Ahmedabad, Bengaluru, and Hyderabad, alongside the company's ability to meet its FY27 financial targets. Performance in existing markets and cost management will also be key indicators.