Justo Realfintech Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L67190MH2019PLC323318 Incorporated 29 March 2019 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 544542 Public Limited Company real estate and construction DPIIT Startup
Data last updated
Market Cap
₹147 Cr
JUSTO · BSE
Share Price
₹79.00
+1.28% today
Revenue
₹91.78 Cr
FY 2025-26 · +12.8% YoY
EBITDA
₹27.84 Cr
Margin 30.3%
Net Profit
₹19.20 Cr
FY 2025-26 · +28.4% YoY
P/E (TTM)
8.1x
P/B 1.2x
ROE
21.5%
ROCE 27.0%
Debt / Equity
0.18
Interest cover 9.0x

About Justo Realfintech Limited

Data last updated:

Justo Realfintech Limited is a public limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 March 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L67190MH2019PLC323318. Its GSTIN is 27AAECJ5136D1ZS (Maharashtra). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 544542.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹18.8 Cr. It is led by directors including Puspamitra Das (Managing Director) and Milind Keshav Oak.

Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹91.78 Cr, a growth of 12.8% compared to the previous year. For the same year it recorded a net profit of ₹19.2 Cr (net margin 20.9%) and EBITDA of ₹27.84 Cr (EBITDA margin 30.3%). The net worth stands at ₹126.35 Cr (up 141.1% YoY). Total assets are valued at ₹142.59 Cr (up 106.1% YoY).

The company has about 415 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Justo. As per MCA filings, the company has open charges of ₹23.55 Cr and satisfied charges of ₹15 Cr on record. The company has 39 deals on record (23 secondary share transfers, 7 funding rounds, 5 convertible or debt financings), with disclosed funding of ₹13.99 Cr; the latest was in March 2026. The company has 3 MSME Form 1 returns on record between 2020 and 2021, listing 22 overdue payments to 6 micro and small suppliers.

For more details, the company can be reached via its website justo.co.in.

Company details

CIN L67190MH2019PLC323318
Registration Number 323318
Incorporation Date 29 March 2019
ROC Mumbai
Listing Status Listed - Listed on BSE (544542)
Company Status Active
Date of Last AGM 12 August 2025
Date of Balance Sheet 31 March 2026
DPIIT Recognition Recognised Startup

CIN history

Justo Realfintech has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L67190MH2019PLC323318, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L67190MH2019PLC323318Current
U67190MH2019PLC323318Previous
U67190MH2019PTC323318Previous

Recognitions & Rankings of Justo Realfintech

DPIIT recognised startup Government of India
Startup India

Contact details

Justo Realfintech Limited's registered office is in Mumbai, Maharashtra.

  • Social Media
  • Registered Address
    2nd Floor A Wing Indiana Business Centre, Makwana Road Marol Andheri East, Mumbai, Maharashtra, India – 400059
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
Comprehensive company report
Justo Realfintech Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Justo Realfintech operates one associated brand: Justo. Each brand links to its own profile.

BrandDescriptionWebsite
Real estate service organisation collaborating with developers across major marketsjusto.co.in

Business activity

The main business activities of Justo Realfintech are financial and insurance service and real estate. In detail, this covers other financial activities and real estate activities on fee or contract basis. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities
LReal EstateL2Real estate activities on fee or contract basis

To see the full business activity and turnover split of Justo Realfintech Limited, buy the company report.

Financials of Justo Realfintech Limited

FY 2025-26 filings available

Justo Realfintech Limited reported revenue of ₹91.78 Cr (up 12.8% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹91.78 Cr
+12.8% YoY
EBITDA
₹27.84 Cr
+28.5% YoY
Profit After Tax
₹19.20 Cr
+28.4% YoY
Net Worth
₹126 Cr
+141.1% YoY
Total Assets
₹143 Cr
+106.1% YoY
Total Debt
₹15.23 Cr
-6.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Income statement
Revenue91.7881.3559.3870.4430.18
Revenue growth+12.8%+37.0%-15.7%+133.4%-
EBITDA27.8421.6610.5822.485.44
EBITDA margin+30.3%+26.6%+17.8%+31.9%+18.0%
Profit before tax26.0920.149.0421.584.95
Net profit19.2014.956.6915.313.71
Net profit margin+20.9%+18.4%+11.3%+21.7%+12.3%
EPS (₹)10.2210.82515.351,177.65285.05
Balance sheet
Total assets14369.1829.6324.278.16
Net worth12652.4127.0620.365.06
Total debt15.2316.232.313.612.94
Cash & bank43.028.690.310.691.26
Net working capital12056.6423.4422.467.36
Cash flow
Cash from operations(9.41)(9.35)4.991.200.41
Cash from investing(26.14)(8.70)(3.99)(2.24)(0.55)
Cash from financing51.5624.90(1.38)0.460.94
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue91.7881.3559.3870.4430.1810.07
Revenue growth+12.8%+37.0%-15.7%+133.4%+199.7%-
EBITDA27.8421.6710.5822.335.531.31
EBITDA margin+30.3%+26.6%+17.8%+31.7%+18.3%+13.0%
Profit before tax26.5120.219.3521.425.091.05
Net profit19.1815.026.9415.323.681.10
Net profit margin+20.9%+18.5%+11.7%+21.8%+12.2%+10.9%
EPS (₹)10.4410.86534.171,179.97282.7486.14
Balance sheet
Total assets14369.2429.8824.277.983.12
Net worth12752.4727.3020.365.030.63
Total debt15.2316.232.313.612.952.50
Cash & bank42.988.660.310.691.260.47
Net working capital12357.2923.6622.465.242.57
Cash flow
Cash from operations(9.42)(9.26)5.001.201.68(1.33)
Cash from investing(26.15)(8.69)(3.99)(2.24)(1.82)(0.19)
Cash from financing51.5624.79(1.39)0.460.941.50

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Revenue91.7881.3559.3870.4430.18
Revenue growth+12.8%+37.0%-15.7%+133.4%-
Other income1.050.290.060.110.01
Total expenses63.9459.6948.8047.9624.74
Employee cost35.5840.4130.9929.8116.70
EBITDA27.8421.6610.5822.485.44
EBITDA margin+30.3%+26.6%+17.8%+31.9%+18.0%
Depreciation0.330.390.410.330.12
Interest2.471.421.190.680.38
Profit before tax26.0920.149.0421.584.95
Tax6.895.192.356.271.24
Net profit19.2014.956.6915.313.71
Net profit margin+20.9%+18.4%+11.3%+21.7%+12.3%
EPS (₹)10.2210.82515.351,177.65285.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Equity & liabilities
Share capital18.8013.840.130.130.13
Reserves & surplus10838.5726.9320.234.93
Shareholders' funds (net worth)12652.4127.0620.365.06
Minority interest0.000.000.000.000.00
Secured loans15.2316.031.812.121.81
Unsecured loans0.000.200.501.491.13
Total debt15.2316.232.313.612.94
Total liabilities14369.1829.6324.278.16
Assets
Gross block14.817.804.551.500.70
Net block13.226.533.671.030.56
Capital work in progress8.165.061.930.220.00
Investments0.000.000.000.000.00
Inventories0.000.000.000.000.00
Sundry debtors86.5649.4331.5928.7410.02
Cash & bank balances43.028.690.310.691.26
Loans & advances9.705.563.681.382.21
Total current assets13963.6835.5830.8113.49
Total current liabilities19.397.0412.148.356.13
Net working capital12056.6423.4422.467.36
Total assets14369.1829.6324.278.16
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Opening cash7.190.340.691.260.47
Net cash from operating activities(9.41)(9.35)4.991.200.41
Net cash from investing activities(26.14)(8.70)(3.99)(2.24)(0.55)
Net cash from financing activities51.5624.90(1.38)0.460.94
Net change in cash16.006.85(0.38)(0.58)0.80
Closing cash43.028.690.310.691.26
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Growth
Sales growth+12.8%+37.0%-15.7%+133.4%-
EBITDA growth+28.5%+104.7%-52.9%+313.2%-
PBT growth+29.5%+122.8%-58.1%+336.0%+9997.0%
Net income growth+28.4%+123.5%-56.3%+312.7%-
Revenue CAGR (3Y)+9.2%+39.2%---
EBITDA CAGR (3Y)+7.4%+58.5%---
Profitability & leverage
Net income margin+20.9%+18.4%+11.3%+21.7%+12.3%
Return on capital employed+27.0%+43.7%+38.0%+137.4%+65.3%
Return on net worth+21.5%+37.7%+28.2%+120.4%+73.1%
Debt / equity0.180.230.120.260.58
Long-term debt / equity0.020.080.080.150.36
Interest cover8.986.6811.703.077.14
Efficiency & per share
Fixed asset turnover8.1213.1719.6364.0443.11
Inventory turnover0.000.000.000.000.00
Debtors turnover1.352.011.973.633.01
EPS (₹)10.2210.82515.351,177.65285.05
Dividend per share (₹)0.000.000.000.005.00
Book value per share (₹)67.2137.882,082.881,567.53389.88
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue91.7881.3559.3870.4430.1810.07
Revenue growth+12.8%+37.0%-15.7%+133.4%+199.7%-
Other income1.470.350.060.110.010.00
Total expenses63.9459.6848.8048.1124.658.76
Employee cost35.5840.4130.9929.4416.144.84
EBITDA27.8421.6710.5822.335.531.31
EBITDA margin+30.3%+26.6%+17.8%+31.7%+18.3%+13.0%
Depreciation0.330.390.410.330.120.02
Interest2.471.420.880.690.330.24
Profit before tax26.5120.219.3521.425.091.05
Tax6.885.192.416.101.41(0.05)
Net profit19.1815.026.9415.323.681.10
Net profit margin+20.9%+18.5%+11.7%+21.8%+12.2%+10.9%
EPS (₹)10.4410.86534.171,179.97282.7486.14
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital18.8013.840.130.130.130.13
Reserves & surplus10838.6327.1720.234.900.50
Shareholders' funds (net worth)12752.4727.3020.365.030.63
Secured loans15.2316.031.810.000.000.00
Unsecured loans0.000.200.503.612.952.50
Total debt15.2316.232.313.612.952.50
Total liabilities--29.8824.277.983.12
Assets
Gross block13.277.804.551.500.700.15
Net block11.686.533.671.030.560.13
Capital work in progress7.624.471.930.220.000.00
Investments0.020.010.000.000.000.00
Inventories0.000.000.000.000.000.00
Sundry debtors86.0949.4331.5928.7410.025.36
Cash & bank balances42.988.660.310.691.260.47
Loans & advances12.736.293.591.380.090.80
Total current assets14264.3835.4930.8111.376.63
Total current liabilities19.147.0911.838.356.134.06
Net working capital12357.2923.6622.465.242.57
Total assets14369.2429.8824.277.983.12
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash7.160.310.691.260.470.49
Net cash from operating activities(9.42)(9.26)5.001.201.68(1.33)
Net cash from investing activities(26.15)(8.69)(3.99)(2.24)(1.82)(0.19)
Net cash from financing activities51.5624.79(1.39)0.460.941.50
Net change in cash15.996.85(0.38)(0.58)0.80(0.02)
Closing cash42.988.660.310.691.260.47
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+12.8%+37.0%-15.7%+133.4%+199.7%-
EBITDA growth+28.5%+104.8%-52.6%+303.8%+322.1%-
PBT growth+31.2%+116.2%-56.4%+320.8%+384.8%+9997.0%
Net income growth+27.7%+116.4%-54.7%+316.3%+234.6%-
Revenue CAGR (3Y)+9.2%+39.2%+80.7%---
EBITDA CAGR (3Y)+7.6%+57.7%+100.6%---
Profitability & leverage
Net income margin+21.4%+18.5%+11.7%+21.8%+12.2%+10.9%
Return on capital employed+27.3%+43.7%+37.8%+137.2%+91.3%+33.2%
Return on net worth+21.9%+37.7%+29.1%+120.8%+114.3%+78.4%
Debt / equity0.180.230.120.260.963.97
Long-term debt / equity0.020.070.080.150.763.97
Interest cover8.986.678.653.146.1018.60
Efficiency & per share
Fixed asset turnover8.7113.1719.6364.0471.0167.13
Inventory turnover0.000.000.000.000.000.00
Debtors turnover1.352.011.973.633.921.88
EPS (₹)10.4410.86534.171,179.97282.7486.14
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)67.4937.922,101.721,567.55387.5849.44

To see the full year-wise statements and ratios of Justo Realfintech Limited, buy the company report.

Board of directors of Justo Realfintech Limited

Justo Realfintech has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Puspamitra DasManaging Director29 Mar 20197 Years 6 MonthsCurrent
Milind Keshav OakDirector23 Jan 20251 Years 8 MonthsCurrent
Parool Anoop SethDirector23 Jan 20251 Years 8 MonthsCurrent
Chirag Prasanna MehtaDirector12 Aug 20242 Years 2 MonthsCurrent
Priyesh Dineshchandra ChhedaDirector12 Aug 20242 Years 2 MonthsCurrent
Vishal Vasantrao KokadwarDirector30 Nov 20232 Years 10 MonthsCurrent

Charges & borrowings

Open charges
₹23.55 Cr
Satisfied charges
₹15 Cr
Breakdown by lending institutions
Others₹23.09 Cr
Hdfc Bank Limited₹0.46 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Jul 2026101338537Others₹3.09 CrOpen
14 Nov 2024101009800Others₹20 CrOpen
04 Nov 2024101007556Hdfc Bank Limited₹14.06 LakhOpen
04 Nov 2024101007659Hdfc Bank Limited₹11.28 LakhOpen
04 Nov 2024101010516Hdfc Bank Limited₹20.74 LakhOpen

To see the full charge records of Justo Realfintech Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Justo Realfintech Limited has 39 deals on record (23 secondary share transfers, 7 funding rounds, 5 convertible or debt financings), with disclosed funding of ₹13.99 Cr; the latest was in March 2026.

Total deals
39
Secondary share transfers
23
Funding rounds
7
Convertible or debt financings
5
Market trades
3
Disclosed funding
₹13.99 Cr

Deals on record (5 of 39)

WhenDealAmountParties
Mar 2026Market trade₹1.12 CrBuyer: Atul Goel Family Trust
Seller: Shine Star Build-Cap Private Limited
Oct 2025Market trade₹8.56 CrBuyer: Mavira Growth Opportunities Fund, Finavenue Growth Fund, Ashmavir Financial Consultants Private Limited
Seller: Rajasthan Global Securities Private Limited
Oct 2024Secondary share transferUndisclosedBuyer: Brainwing Aerial Services LLP , 3 individuals
Seller: Arbour Investment
Oct 2024Secondary share transferUndisclosedBuyer: Times Tradelink Pvt Ltd , an individual
Seller: an individual
Sep 2024Secondary share transferUndisclosedBuyer: Tradelink Exim (India) Private Limited , Pixel Captech LLP , 2 individuals
Seller: Arbour Investment

To see the full deal history of Justo Realfintech Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Justo Realfintech Limited has 3 MSME Form 1 returns on record between 2020 and 2021, listing 22 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 6)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
an individual supplier
Fairgrowth Management Consultants Pvt Ltd

To see the full MSME payment records of Justo Realfintech Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Justo Realfintech has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAECJ5136D1ZSMaharashtraActive25 Jul 2019
21AAECJ5136D1Z4OdishaActive26 Nov 2022

To see the full GST registrations and return filing status of Justo Realfintech Limited, buy the company report.

Recent activity

Justo Realfintech Limited has 19 board changes on record since 2019: 6 appointments and 13 cessations. The latest: Milind Keshav Oak ceased to be Additional Director on 14 Feb 2025.

Charges
A charge with Others of Rs. 3.09 Cr registered on 13 Jul 2026 with Charge ID 101338537 was modified on 14 Jul 2026.
Charges
A charge with Others amounted to Rs. 3.09 Cr with Charge ID 101338537 was registered on 13 Jul 2026.
Charges
A charge with Others of Rs. 20.00 Cr registered on 14 Nov 2024 with Charge ID 101009800 was modified on 09 Jun 2026.
Filing
Justo Realfintech Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge registered on 23 Oct 2024 via Charge ID 101015918 with Others was fully satisfied on 27 Oct 2025.
AGM
Justo Realfintech Limited last Annual general meeting of members was held on 12 Aug 2025 as per latest MCA records.
Ceased
Milind Keshav Oak ceased to be Additional Director.
Ceased
Parool Anoop Seth ceased to be Additional Director.
Appointed
Milind Keshav Oak was appointed as Director.
Appointed
Parool Anoop Seth was appointed as Director.
Ceased
Puspamitra Das ceased to be Director.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101009800 was registered on 14 Nov 2024.

19 earlier events are in the company report.

Frequently asked questions

Justo Realfintech is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 March 2019 (7+ years old) and is registered under CIN L67190MH2019PLC323318. Listed on BSE: 544542.

Justo Realfintech reported revenue of ₹91.78 Cr for FY 2025-26 (up 12.8% YoY) based on consolidated financials.

Justo Realfintech has 6 current directors:

The latest financial statements of Justo Realfintech on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 12 August 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Justo Realfintech is 27AAECJ5136D1ZS, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AAECJ5136D1Z4 (Odisha).

The CIN (Corporate Identification Number) of Justo Realfintech is L67190MH2019PLC323318. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Justo Realfintech is a listed company as per MCA records. Its shares are listed on BSE (code: 544542).

Justo Realfintech was incorporated on 29 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

Justo Realfintech has 39 deals on record (23 secondary share transfers, 7 funding rounds, 5 convertible or debt financings), with disclosed funding of ₹13.99 Cr; the latest was in March 2026.

Milind Keshav Oak ceased to be Additional Director on 14 Feb 2025. Parool Anoop Seth ceased to be Additional Director on 14 Feb 2025. Milind Keshav Oak was appointed as Director on 23 Jan 2025. Justo Realfintech has 19 board changes on record in total.

Yes, Justo Realfintech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).