Justo Realfintech Ltd (544542)

Justo Realfintech Limited has launched its new 'Sourcing Mandates' vertical and secured its first assignment from Paranjape Schemes covering over ₹300 crore of inventory. The mandate covers residential (The Promenade Residences) and commercial (Altius) developments at Blue Ridge in Hinjawadi, Pune. Under this model, Justo will handle channel strategy and qualified customer sourcing using its network of 6,000+ channel partners, while the developer manages final closures. The company plans to initially focus on Pune before expanding this service across MMR and other key markets.

• Launched new Sourcing Mandates vertical with inaugural assignment covering >₹300 crore of project inventory
• Mandate covers The Promenade Residences (residential) and Altius (commercial) at Blue Ridge, Hinjawadi, Pune
• Leverages Justo's network of over 6,000 RERA-registered channel partners
• Extends ongoing relationship with Paranjape Schemes across past projects including Gloria Grand, Happiness Hub, and Trident

Justo Realfintech has added four new residential and commercial mandates in Pune with a total project value of ₹689 crore. This addition is substantial compared to the company's TTM revenue of ₹173 crore, although the ₹689 crore represents the underlying project value rather than direct revenue. Notably, three of the four mandates are from repeat developer partners (Royal Realty and Pharande Spaces), demonstrating strong client retention. The projects are located in high-growth corridors including Wakad, Rahatani, Punawale, and Moshi.

• Total project value of four new mandates stands at approximately ₹689 crore
• Largest mandate is L Axis by Pharande Promoters and Builders valued at ₹217 crore
• Puneville by Pharande Spaces adds ₹210 crore in residential and commercial inventory
• Repeat business secured from three out of four developers involved in this expansion
• Company leverages a network of 6,000+ RERA-registered channel partners for execution

Justo Realfintech, a tech-enabled real estate mandate firm, has disclosed active mandates worth approximately ₹5,938 Cr as of May 2026. The company has demonstrated strong financial velocity with a Revenue CAGR of 32.05% and a PAT CAGR of 52.04% between FY22 and FY26. A key strategic move is the launch of Chestertons India as a wholly-owned subsidiary to enter luxury residential and capital market advisory. The company plans to expand its footprint from MMR and Pune to nine additional cities, including Bengaluru and Hyderabad, over the next 24 months.

• Active mandates worth approximately ₹5,938 Cr as of May 2026 across 48 active mandates.
• Total projects sold since inception to May 2026 valued at ₹11,257 Cr across 15,314 units.
• Maintained a high financial growth rate with EBITDA CAGR of 51.89% and PAT CAGR of 52.04% (FY22-FY26).
• Network of 6,000+ RERA-registered channel partners and 750+ developers in Pune and 500+ in Mumbai.
• Planned expansion into 4 cities (Ahmedabad, Bengaluru, Hyderabad, Nagpur) within 12 months and 5 more within 24 months.