Justo Realfintech AGM: FY26 profit up 31% to ₹196 crore

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Justo Realfintech schedules 7th AGM for September 24, 2026, to approve FY26 financials
  • Revenue rises 12.82% YoY to ₹917.83 crore; net profit up 30.58% to ₹196.24 crore
  • Board approves slump sale of premium real estate business to Chestertons India for ₹950 lakh
  • Mr. Chirag Mehta seeks re-appointment as director; Ronak Jhuthawat & Co. named secretarial auditor
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*this image is generated using AI for illustrative purposes only.

Justo Realfintech has scheduled its 7th Annual General Meeting (AGM) for September 24, 2026, to be conducted via video conferencing. Shareholders will consider the adoption of audited standalone and consolidated financial statements for FY26, which report a 12.82% rise in revenue from operations to ₹917.83 crore and a 30.58% increase in profit after tax to ₹196.24 crore.

The agenda includes the re-appointment of Mr. Chirag Prasanna Mehta as a director and the appointment of M/s. Ronak Jhuthawat & Co. as secretarial auditors for five years. The Board also approved a slump sale of its premium real estate business undertaking to wholly-owned subsidiary Chestertons India Private Limited for ₹950 lakh.

Financial Performance

Revenue from operations stood at ₹917.83 crore in FY26, up from ₹813.52 crore in the previous year. Profit before tax rose 29.40% to ₹261.56 crore, driven by higher operational income and an exceptional item of ₹35.22 lakh from the slump sale. Net profit reached ₹196.24 crore compared to ₹150.28 crore in FY25.

Metric FY26 FY25 Change
Revenue from Operations ₹917.83 crore ₹813.52 crore +12.82%
Profit Before Tax ₹261.56 crore ₹202.13 crore +29.40%
Profit After Tax ₹196.24 crore ₹150.28 crore +30.58%

Strategic Restructuring

The Board approved the transfer of certain premium real estate projects to Chestertons India via slump sale effective March 31, 2026. The transaction consideration was ₹950 lakh, discharged through Optionally Convertible Preference Shares. This move consolidates the company's premium advisory business under the Chestertons brand.

What the Numbers Show

The surge in net profit outpaced revenue growth by nearly double digits, indicating improved operational leverage or margin expansion. Additionally, the exceptional gain of ₹35.22 lakh contributed directly to the bottom line, highlighting that a portion of the profit growth was non-recurring rather than purely operational.

AGM Details

The cut-off date for determining shareholder eligibility is September 18, 2026. Remote e-voting will be open from September 21 to September 23, 2026. The register of members will remain closed from September 18 to September 24, 2026.

Historical Stock Returns for Justo Realfintech

1 Day5 Days1 Month6 Months1 Year5 Years
+0.01%-0.91%0.0%+4.58%0.0%0.0%

How will the consolidation of the premium real estate business under the Chestertons brand impact Justo Realfintech's long-term revenue streams and market positioning?

What are the potential tax implications or accounting adjustments resulting from the slump sale consideration being discharged via Optionally Convertible Preference Shares?

Can the company sustain its current margin expansion trajectory in FY27 given that a portion of FY26's profit growth was driven by non-recurring exceptional items?

Justo Realfintech hosts real estate market interaction in Nairobi

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Reviewed by
Ritika DScanX News Team
Key Highlights
  • Justo Realfintech and Bizmart Commerce hosted a real estate interaction in Nairobi on August 26, 2026
  • The event targeted Indian diaspora investors interested in Mumbai and Pune residential markets
  • Pushpamitra Das discussed market dynamics and infrastructure-driven growth opportunities
  • Justo operates with a network of over 6,000 RERA-registered channel partners
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*this image is generated using AI for illustrative purposes only.

Justo Realfintech Limited partnered with Bizmart Commerce to host an exclusive real estate market interaction event in Nairobi on August 26, 2026. The gathering aimed to connect the Indian diaspora in Kenya with investment opportunities in India's evolving residential markets.

The event brought together non-resident Indians, high-net-worth individuals, and business leaders to discuss emerging destinations and infrastructure-driven growth. Pushpamitra Das, Chairman and Managing Director of Justo Realfintech , addressed the attendees on changing market dynamics.

Focus on Mumbai and Pune

The discussion centered on Mumbai and Pune as resilient residential markets. These cities are supported by sustained buyer demand, strong economic fundamentals, and expanding infrastructure. Das highlighted the growing interest among the diaspora in building long-term real estate portfolios in India.

CA Akash Kokadwar, Managing Director of Bizmart Commerce Limited, stated that the collaboration creates a credible platform for direct engagement with established Indian real estate professionals. The initiative seeks to provide overseas investors with reliable on-ground industry expertise.

Strategic Outreach

The engagement strengthens the connection between India's real estate ecosystem and the Indian community in East Africa. Attendees expressed interest in exploring investments in Mumbai, Pune, and other local markets during the networking session.

Justo Realfintech operates a technology-enabled, mandate-led real estate execution platform. Founded in 2019, the BSE SME-listed company partners with developers across project strategy, pricing, marketing, sales, and channel distribution. It maintains a network of over 6,000 RERA-registered channel partners across Pune, the Mumbai Metropolitan Region, and Nashik.

Historical Stock Returns for Justo Realfintech

1 Day5 Days1 Month6 Months1 Year5 Years
+0.01%-0.91%0.0%+4.58%0.0%0.0%

How might Justo Realfintech's expansion into the East African diaspora market influence its revenue growth trajectory and stock performance on the BSE SME platform?

What specific regulatory or currency exchange challenges could non-resident Indians in Kenya face when repatriating funds for real estate investments in Mumbai and Pune?

Will Justo Realfintech replicate this partnership model with other regional hubs, such as the Middle East or North America, to further diversify its investor base?

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