Just Dial Ltd. · NSE:JUSTDIAL
Just Dial — Q4 FY26 Earnings Presentation
62 slides from Just Dial's earnings presentation, Apr 13, 2026
Slide 1: Filing cover letter to stock exchanges
April 13, 2026 To BSE Limited National Stock Exchange of Metropolitan Stock Exchange of Phiroze Jeejeebhoy India Limited India Limited Towers, Exchange Plaza, C-1, Building A, Unit 205A, 2nd Floor, Dalal Street, Block G, Bandra-Kurla Complex, Piramal Agastya Corporate Park, Mumbai - 400 001 Bandra (
Slide 2: Corporate Presentation April 2026
CORPORATE PRESENTATION April 2026
Slide 3: Disclaimer
DISCLAIMER This Presentation has been prepared by Just Dial Limited (“Just Dial”) for investors, shareholders, analysts and other relevant stakeholders, solely for informational purposes. The information set out in this Presentation, including business overview, traffic related numbers, products rel
Slide 4: Business Overview
BUSINESS OVERVIEW
Slide 5: Company Overview
C O M PA N Y O V E R V I E W Justdial’s services connect High user engagement, 157.1 sellers of products & services million ratings & reviews with potential buyers/ users 182.4 million quarterly unique visitors in Q4-FY26 Database of 54.7 million listings Scalable and profitable business model 631,5
Slide 6: Key Strengths
KEY STRENGTHS ❑ First Mover Advantage in Indian Local Search Market ❑ Strong Brand Recognition with 182.4 million unique quarterly visitors^ in Q4 FY26 (184.5 million in Q3 FY26) ❑ Comprehensive database of 54.7 million listings ❑ Attractive Value Proposition For Local SMEs ❑ Experience and Expertis
Slide 7: Nationwide Presence
N AT I O N W I D E PRESENCE Chandigarh Delhi NCR (Noida) Nationwide coverage, branches Jaipur in 11 cities across India Ahmedabad Kolkata Corporate Headquarters in Mumbai, Technology operations in Bengaluru Mumbai Pune Hyderabad 5,122 employees in tele-sales, 5,350 feet-on-street salesforce Bengalur
Slide 8: Platforms and Traffic Share
P L AT F O R M S 85.7% MOBILE Mobile Site & Apps Traffic Share Q4 FY26 11.5% D E S K TO P/ P C 182.4 million^ www.justdial.com 2.8% VOICE 88888-88888 ^ Unique visitors are aggregated across various mediums – Voice, Desktop/ PC, Mobile; these may not necessarily be mutually exclusive
Slide 9: Mobile
MOBILE Android & iOS Apps Predictive Auto-Suggest Company, Category, Product Search Map View of Category Search Location Detection Voice Search App Notifications JD Pay Maps & directions Location-based search service Ratings & Reviews Friends’ Ratings Real-time Performance tags for listings Catalogu
Slide 10: Website
WEBSITE Predictive Auto-Suggest Company, Category, Product Search Location Detection Maps & directions Operating hours Business logos Pictures & videos Ratings & reviews Friends’ Ratings Catalogues Search Plus Popular Category Searches
Slide 11: Voice
VOICE 88888-88888 Operator-assisted Hotline Number One number across India 24 Hours a day x 7 Days a week Multi-lingual support Zero-ring Pickup Personalized Greeting Multiple queries in one call Instant WhatsApp, SMS & Email
Slide 12: Value Proposition for SMEs
VA LU E P R O P O S I T I O N FOR SMEs LISTING OWN WEBSITE PAYMENTS RATINGS REACH Every SME should Justdial can SMEs can accept Ratings are key to With curated be listed on create websites digital payments users’ decision- content including Justdial - India's for SMEs from their making, JD Catalogui
Slide 13: User Engagement
USER ENGAGEMENT 157.1 million Ratings & Reviews Mobile-verified, unbiased ratings Intelligent tags to capture experiences Friends’ Ratings 5-Point Rating Scale Photos Upload with Review Robust Audit Mechanism
Slide 14: Product Overview
PRODUCT OVERVIEW
Slide 15: JD Mobile
JD Mobile & Justdial Q_ Search in Mumbai ‘a tee 4 @ supper o My Business B28 Doctors 6 a ‘e Beauty Wedding Gym Planning . oo) x a Packers Repairs & Rent & Hire & Movers Services Loans Real Estate PG/Hostel Travel Ss Education & Jobs Show More # Edit Listing 7 | son Getting LEADS 1h; | Your Competito
Slide 16: JD Mobile
JD Mobile < General Physician Doct... Qaa Link Road Malad West, Mumbai RMS MULTISPECIALITY HOSPITAL & ICU @AR) 224 Ratings = = Sortby Book Appointment —¢ Establis! 30.5k Results for your search Verified \iyimtis) «= & Toprated © Nanavati Max Super Speci... CEB} 12x ratings SV Road Vile Parle West -
Slide 17: JD Mobile
JD Mobile < QA Verified yim ©The Neha Salon & Academy 2.3k Ratings Goregaon West, Mumbai + @ 8min «2.7 km Beauty Parlours - 37 Years in Business ‘Open Now: until 8:30 pm Women Hair Cut Starting at 2 850 Amazing offers for All nail services Ei Overview Catalogue Reviews Services < Enrich Beauty QA: O
Slide 18: JD Mobile
JD Mobile <_ Prequel QA: Uploaded By : owner < Mainland China QAP Menu Reviews’ Services _— Photos Locations Reviews Services Photos Peq Ambience (16) \ Call Now Order Online Book a Table \ Call Now Order Online Book a Table
Slide 19: Voice Search
Voice Search Listening..... Mainland China restaurant < Qa Verified \iyimastn Mainland China 15.4k Ratings Andheri West, Mumbai + @ 15min +5.0 km Chinese Restaurants 27 Years in Business 2 2100 Price for two Opens at: 07:30 PMY (@) {4 Call WhatsApp AskAnything Direction
Slide 20: JD Website
JD Website Justdial Search across ‘5.9 Crore+’ Products & Services GLEN’ Weare Hiring investor Relations ¢k Advertise [2 freetisting £Y Ce) © Ranchi Search for Peickers and Movers we Search mnpare s & book hotels GET BEST DEALS @ Restaurants Hotels Beauty Home Wedding Spa Decor Planning PofHostels E
Slide 21: JD Website
JD Website Justdial | © mumbai Poce Loco Tapas Bor Khar West x28 Beny adverise wreotsing 2 Y Mumbo! > Resiauiants in Mumtial > Restuurontsinknor West > Poco Leco TapUs& Bar Add More Photo © Poco Loco Tapas & Bar pesiurons Homecenen/teaarons 7 8837 Rating Verified @ Claimed © vourtrienc Pankaj rated
Slide 22: JD Website
JD Website < JW Marriott Hotel in Juhu, Mumbai - Gallery ‘All(62) ining (2) aerior (10) —_mmterfor (5) Room (8) swimming Poo! (6) eyOwner (14) wy User (3) view 360° (14) ee ee ee 7 A em em = A = om me A
Slide 23: Enhanced Ratings & Reviews System
Enhanced Ratings & Reviews System
Slide 24: Review Insights
Review Insights Justdial Key Insights ab What users liked * The cafe has a great and pleasant ambiance ‘© The staff is friendly and attentive * The food is delicious and flavorful, with a variety of options More SETA VERSION - kas ant uggestactimpren Reviews & Ratings a 3 48,874 Rating J eusiness J
Slide 25: JD Mart – Exclusive B2B Platform
JD Mart – Exclusive B2B Platform
Slide 26: JD Mart – Exclusive B2B Platform
JD Mart – Exclusive B2B Platform
Slide 27: JD Mart – Exclusive B2B Platform
JD Mart – Exclusive B2B Platform
Slide 28: JD Mart – Exclusive B2B Platform
JD Mart – Exclusive B2B Platform
Slide 29: JD Mart – Exclusive B2B Platform
JD Mart – Exclusive B2B Platform
Slide 30: Self-Sign-up for SMEs to start paid campaign
Self-Sign-up for SMEs to start paid campaign
Slide 31: JD Business – Dashboard for SMEs to manage campaigns
JD Business – Dashboard for SMEs to manage campaigns
Slide 32: Beyond Search: JD Shopping, Get quotes, Travel
Beyond Search JD Shopping Get quotes on Products Travel
Slide 33: Beyond Search: Flights, Bills & Recharge, JD Pay
Beyond Search Flights Bills & Recharge Jd Pay
Slide 34: Beyond Search: Stocks, Logistics, Get quotes
Beyond Search Stocks Logistics Get quotes
Slide 35: JD Xperts – One Stop Solution for On-Demand Services
JD Xperts – One Stop Solution for On-Demand Services
Slide 36: JD Omni – Cloud-Hosted Solution for Digitalizing Businesses
JD Omni – Cloud-Hosted Solution for Digitalizing Businesses
Slide 37: JD Homes
JD Homes < QAnAi © Prime Property Consultant 8 Ratings Sanpada Sector 1, Mumbai + @ 68min «22.4 km RealEstate Agents +31 Years in Business Response time: 1 hrs, Open Now: until 8:00pm am © © VW 5 Call © WhatsApp Enquiry Direction Re si ruta eam PMN serch Manatee Overview Properties Reviews Service 2
Slide 38: Operational & Financial Overview
O P E R AT I O N A L & F I N A N C I A L OVERVIEW
Slide 39: Key Business Attributes
E F F I C I E N T & P R O F I TA B L E B U S I N E S S M O D E L ▪ Paid Advertisers pay a fixed fee to run search- led advertising campaigns for their businesses on Justdial’s platforms ▪ Various premium & non-premium listing packages available which determine placements in search results ▪ Multiple
Slide 40: Quarterly Unique Visitors (million)
TRAFFIC/ VISITORS Quarterly Unique Visitors (million) 198.0 197.7 200 191.2 191.3 193.2 181.3 184.5 182.4 180 171.1 160 140 120 100 80 60 40 20 0 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26
Slide 41: Quarterly Unique Visitors split (million)
TRAFFIC/ VISITORS Quarterly Unique Visitors split (million) 200 180 160 140 120 169.0 164.4 167.9 172.5 100 154.5 166.2 159.1 156.2 144.7 80 60 40 20 20.8 20.4 23.4 21.4 20.1 19.4 19.7 20.2 21.0 0 5.6 6.3 5.6 5.4 5.0 5.9 5.5 5.2 5.2 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q
Slide 42: Ratings & Reviews (million)
USER ENGAGEMENT Ratings & Reviews (million) 175 153.7 154.7 155.7 157.1 149.1 150.3 151.4 152.6 148.0 150 125 100 75 50 25 0 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26
Slide 43: Active Listings - period end (million)
D ATA E N R I C H M E N T Active Listings - period end (million) 60 54.7 52.8 51.2 48.8 49.7 50 47.5 44.9 46.2 43.6 40 30 20 10 0 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26
Slide 44: Listings with Geocodes (million)
D ATA E N R I C H M E N T Listings with Geocodes (million) 45 41.0 40 37.3 35.9 34.8 35 32.7 30.8 31.8 29.5 30 28.5 25 20 15 10 5 0 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26
Slide 45: Images in Active Listings (million)
D ATA E N R I C H M E N T Images in Active Listings (million) 275 256 250 250 239 227 231 225 216 207 198 200 188 175 150 125 100 75 50 25 0 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26
Slide 46: Cumulative JD App Downloads (million)
MOBILE APPS Cumulative JD App Downloads (million) 50 45 42.5 43.3 40.7 41.7 39.0 39.9 40 37.3 38.2 36.4 35 30 25 20 15 10 5 0 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26
Slide 47: Operating Revenue (Rs million)
REVENUE Operating Revenue (Rs million) 3,500 3,031 3,057 3,072 2,979 3,000 2,848 2,873 2,892 2,806 2,703 2,500 2,000 1,500 1,000 500 - 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26
Slide 48: EBITDA (Rs million) & Margin %
O P E R AT I N G M A R G I N EBITDA (Rs million) & Margin % 1,000 35% 31.2% 30.1% 29.8% 28.7% 28.8% 29.0% 28.7% 28.9% 800 26.1% 28% 600 21% 952 866 861 864 871 888 400 806 821 14% 706 200 7% - 0% 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26
Slide 49: Expenses as % of Operating Revenue
COST STRUCTURE Expenses as % of Operating Revenue 100% 90% 80% 2.2% 2.1% 2.1% 2.1% 2.1% 1.9% 1.9% 1.8% 3.2% 1.9% 2.8% 2.9% 3.1% 3.2% 3.0% 2.5% 2.3% 70% 9.7% 2.5% 9.6% 9.9% 9.6% 9.8% 10.5% 10.7% 11.2% 10.3% 60% 50% 40% 30% 64.1% 61.6% 61.2% 60.2% 60.4% 60.4% 60.6% 59.9% 58.6% 20% 10% 0% 4Q FY24 1Q FY
Slide 50: Other Income (Rs million)
OTHER INCOME Other Income (Rs million) 1,400 1,273 1,200 1,136 1,087 1,000 913 869 846 800 774 733 600 486 400 200 - 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26 Note: 1. Other Income primarily constitutes mark-to-market (MTM) gains on treasury portfolio, which can have hi
Slide 51: Net Profit (Rs million) & PAT Margin %
NET PROFIT MARGIN Net Profit (Rs million) & PAT Margin % 1,750 39.6% 42% 38.4% 38.7% 37.5% 36.0% 1,500 36% 32.0% 31.7% 30.2% 1,250 28.1% 30% 1,000 24% 1,541 1,576 1,596 750 18% 1,412 1,313 1,156 1,194 1,179 500 1,000 12% 250 6% - 0% 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q
Slide 52: Active Paid Campaigns - period end
PA I D C A M P A I G N S Active Paid Campaigns - period end 700,000 617,340 623,970 629,180 631,530 598,430 601,080 613,290 583,690 591,650 600,000 500,000 400,000 300,000 200,000 100,000 - 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26
Slide 53: Cash & Investments - period end (Rs million)
CASH AND INVESTMENTS Cash & Investments - period end (Rs million) 60,000 58,522 57,030 55,697 54,298 52,786 49,428 50,627 50,000 47,555 46,254 40,000 30,000 20,000 10,000 - 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26
Slide 54: Sales Strength - Period End
SALES FORCE Sales Strength - Period End 12,000 10,184 10,176 10,472 9,980 10,103 10,077 10,135 9,816 9,765 10,000 3,741 3,807 8,000 3,707 3,754 3,866 3,932 3,919 3,771 3,764 6,000 1,543 1,532 1,574 1,538 1,568 1,566 1,511 1,574 1,523 4,000 4,535 4,694 4,744 4,633 4,689 4,740 4,883 5,122 2,000 4,478
Slide 55: 4Q FY26 Performance Summary
JUST DIAL LTD - 4Q FY26 (Quarter ended March 31, 2026) PERFORMANCE SUMMARY Metric Unit 4Q FY26 4Q FY25 YoY change 3Q FY26 QoQ change Operating Revenue (₹ million) 3,072 2,892 6.2% 3,057 0.5% Operating EBITDA (₹ million) 888 861 3.2% 952 -6.8% Operating EBITDA Margin % 28.9% 29.8% -86 bps 31.2% -225
Slide 56: 4Q FY26 Performance Summary (operating metrics)
JUST DIAL LTD - 4Q FY26 (Quarter ended March 31, 2026) PERFORMANCE SUMMARY Metric Unit 4Q FY26 4Q FY25 YoY change 3Q FY26 QoQ change Unique Visitors (million) 182.4 191.3 -4.7% 184.5 -1.2% - Mobile (million) 156.2 166.2 -6.0% 159.1 -1.8% - Desktop/ PC (million) 21.0 20.1 4.3% 20.2 3.7% - Voice (mill
Slide 57: FY26 Performance Summary
JUST DIAL LTD - FY26 (Fiscal Year ended March 31, 2026) PERFORMANCE SUMMARY Metric Unit FY26 FY25 YoY change YoY% change Operating Revenue (₹ million) 12,139 11,419 719 6.3% Operating EBITDA (₹ million) 3,575 3,354 221 6.6% Operating EBITDA Margin % 29.5% 29.4% - 8 bps Operating PBT (₹ million) 3,03
Slide 58: Board of Directors
BOARD OF DIRECTORS EXECUTIVE DIRECTOR V S S Mani is the Founder, Managing Director and Chief Executive Officer of Just Dial. With over 37 years of experience in V S S Mani the field of media and local search services, he has successfully steered and kept our business on the growth track, driven by t
Slide 59: Board of Directors
BOARD OF DIRECTORS NON-EXECUTIVE DIRECTORS V. Subramaniam is a Chartered Accountant and Cost Accountant. He has over 25 years of experience in the fields of finance, accounts, taxation and business management. He has over the years served at various leadership positions in V. Subramaniam industries
Slide 60: Leadership Team
LEADERSHIP TEAM Name Designation Experience Functional Areas Overall growth strategy, planning, execution & V S S Mani Managing Director & CEO 37 Years management V Krishnan Group President 32 Years Growth Strategy and Business Development Finance, Strategy, Accounting, Treasury, Audit, Legal, Abhis
Slide 61: Shareholding Pattern
S H A R E H O L D I N G P AT T E R N 5.61% 74.15% FOREIGN PROMOTER INVESTORS AND PROMOTER GROUP* 9.27% AS ON INDIVIDUALS MAR 31, 2026 10.97% DOMESTIC INVESTORS *Stake held by Promoter - Reliance Retail Ventures Limited (RRVL) = 63.84%
Slide 62: End of Presentation
- End of Presentation - Registered & Corporate Office: Just Dial Limited, Palm Court Building M, 501/B, 5th Floor, New Link Road, Malad West, Mumbai, Maharashtra – 400064 For any queries, please contact us at investors@justdial.com