Just Dial Ltd. · NSE:JUSTDIAL
Just Dial — Q2 FY2027 Earnings Presentation
43 slides from Just Dial's earnings presentation, Oct 19, 2026
Slide 1: Regulation 30 disclosure cover letter to exchanges
October 19, 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 October 2026
C O R P O R AT E P R E S E N TAT I O N O C TO B E R 2 0 2 6 Investor Relations
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: Key Strengths
Key Strengths Strong Brand Leading network of small business (57.4 million Active Listings) Scale distribution to Democratize AI for Indian SMEs 30 Years of Proprietary Indian SMB Data Deep understanding of Indian users and small businesses Advanced and Scalable Technology Platform Efficient & Profi
Slide 5: Performance Highlights
01 PERFORMANCE HIGHLIGHTS 01 Paid Campaigns 02 Operating Revenue & EBITDA 03 Active Listings & Images 04 Unique Visitors, Ratings & Reviews 05 Pan India Presence 06 Cost Structure & Net Profit 07 Cash & Investments 4 | Justdial Corporate Presentation · Performance Highlights
Slide 6: Merchants continue to embrace Justdial, with paid adoption growing steadily
PAID CAMPAIGNS Merchants continue to embrace Justdial, with paid adoption growing steadily… Paid Campaigns (period end) 700,000 656,520 623,970 629,180 631,530 639,200 601,080 613,290 617,340 598,430 600,000 500,000 400,000 300,000 200,000 100,000 - 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q
Slide 7: Driving consistent revenue growth
REVENUE …driving consistent revenue growth... Operating Revenue & EBITDA (₹ million) Operating Revenue +13.1% YoY 4,000 4.7% QoQ 3,428 3,500 3,275 2,979 3,031 3,057 3,072 2,848 2,873 2,892 3,000 907 874 2,500 864 871 952 888 821 866 861 2,000 1,500 1,000 500 - 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26
Slide 8: Growing merchant ecosystem and richer listing content
ACTIVE LISTINGS & IMAGES ...supported by a growing merchant ecosystem and increasingly rich listing content... 70 54.7 56.1 57.4 60 48.8 49.7 51.2 52.8 46.2 47.5 50 40 30 41.0 41.7 43.0 20 10 30.8 31.8 32.7 34.8 35.9 37.3 +12% Active Listings 0 YoY growth in active Period end (million) 2Q 3Q 4Q 1Q 2
Slide 9: Unique visitors and ratings & reviews
QUARTERLY UNIQUE VISITORS & RATINGS/REVIEWS ...while a large consumer base and a growing repository of ratings and reviews support business discovery. Quarterly Unique Visitors (million) 198.0 191.2 191.3 193.2 197.7 184.5 182.4 192.9 198.4 200 150 100 50 0 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q
Slide 10: Pan India presence powering local businesses
SALES FORCE – NATIONWIDE PRESENCE …and a Pan India presence, powering local businesses Mumbai Corporate Headquarters Bengaluru Technology & R&D Hub 500+ Cities Feet-on-street sales teams, backed On-ground Expert Support by pan-India tele-sales Remote Expert Support 11,000+ Pin Codes Reached across t
Slide 11: Cost structure
COST STRUCTURE …with the business continuing to operate at scale, with a largely stable employee-cost base relative to revenue… Expenses as % of Operating Revenue 90% 2.1% 2.1% 2.1% 1.9% 1.9% 1.8% 1.5% 0.9% 1.9% 2.2% 2.2% 80% 2.9% 3.1% 3.2% 3.0% 2.5% 2.3% 2.5% 70% 9.9% 9.6% 9.8% 10.5% 10.7% 11.2% 12
Slide 12: Net profit margin
NET PROFIT MARGIN ...translating into substantial earnings and strong profitability... Net Profit (₹ million) & PAT Margin% 1,750 38.7% 39.6% 37.5% 36.2% 42% 36.0% 1,500 31.7% 36% 30.2% 28.1% 27.1% 1,250 30% 1,000 24% 1,576 1,596 1,662 750 1,541 18% 1,313 1,194 1,179 500 1,000 1,078 12% 250 6% 0 0%
Slide 13: Cash and investments
CASH AND INVESTMENTS ...while a growing treasury balance provides financial flexibility to pursue future opportunities. Cash & Investments – period end (₹ million) 62,500 60,221 61,139 57,030 58,522 54,298 55,697 52,786 49,428 50,627 50,000 37,500 25,000 12,500 0 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q F
Slide 14: Business Overview
02 BUSINESS OVERVIEW 01 The SMB growth ecosystem 02 Platforms – Mobile, Website & Voice 13 | Justdial Corporate Presentation · Business Overview
Slide 15: The SMB growth ecosystem
THE SMB GROWTH ECOSYSTEM One business. Two sides of the value chain. One control panel. CUSTOMERS SUPPLIERS More customers walk in, more Reliable suppliers keep you stocked business for you. and growing. Handled by Handled by Demand SMB Supply Get discovered across Wide supplier network platforms Ve
Slide 16: Platforms: Mobile, Website & Voice
PLATFORMS · MOBILE, WEBSITE & VOICE One Justdial, accessible anytime, anywhere - on mobile, on the web or over a phone call Traffic Share What users do on Share of Unique Visitors^ by platform From finding the right business to taking action – all in one platform Mobile Site & Apps 85.1% Search & di
Slide 17: Product Overview
03 PRODUCT OVERVIEW 01 Find the right business 02 Choose with confidence 03 Do more on Justdial 04 JD Mart for B2B 05 Grow your business 06 Go digital 16 | Justdial Corporate Presentation · Product Overview
Slide 18: Justdial
FIND THE RIGHT BUSINESS Justdial Search, compare and connect with local businesses in one place DISCOVER COMPARE ENGAGE 9:41 9:41 9:41 17 | Justdial Corporate Presentation · Product Overview · Find the right business
Slide 19: Verticalised User Experience
FIND THE RIGHT BUSINESS Verticalised User Experience Category-specific journeys that help users find the right expert faster SEARCH DOCTORS DOCTOR PROFILE HOSPITALS 9:41 9:41 9:41 18 | Justdial Corporate Presentation · Product Overview · Find the right business
Slide 20: Ask Genie
FIND THE RIGHT BUSINESS Ask Genie State the need once, receive quotes on WhatsApp SEARCH SHARES NEED WHATSAPP QUOTES 9:41 9:41 9:41 19 | Justdial Corporate Presentation · Product Overview · Find the right business
Slide 21: AI-Assisted Ratings & Reviews
CHOOSE WITH CONFIDENCE AI-Assisted Ratings & Reviews AI makes it easy to rate, review and tag experiences, so users choose with confidence RATINGS & REVIEWS RATE TAG EXPERIENCE 9:41 9:41 9:41 20 | Justdial Corporate Presentation · Product Overview · Choose with confidence
Slide 22: LLM-Powered Review Insights
CHOOSE WITH CONFIDENCE LLM-Powered Review Insights Thousands of reviews distilled into one clear view KEY INSIGHTS 21 | Justdial Corporate Presentation · Product Overview · Choose with confidence
Slide 23: Beyond Search
DO MORE ON JUSTDIAL Beyond Search Travel, bills and payments, without leaving Justdial FLIGHTS BILLS & RECHARGE JD PAY 9:41 9:41 9:41 22 | Justdial Corporate Presentation · Product Overview · Do more on Justdial
Slide 24: Beyond Search
DO MORE ON JUSTDIAL Beyond Search Shop, manage listings and plan trips in one app JD SHOPPING UNIVERSAL BIZ LISTING TRAVEL 9:41 9:41 9:41 23 | Justdial Corporate Presentation · Product Overview · Do more on Justdial
Slide 25: JD Mart
JD MART FOR B2B JD Mart B2B marketplace connecting buyers with verified suppliers B2B HOME PRODUCTS SELLER PROFILE 9:41 9:41 9:41 24 | Justdial Corporate Presentation · Product Overview · JD Mart for B2B
Slide 26: JD Mart
JD MART FOR B2B JD Mart Product videos and 360° views help buyers decide faster PRODUCT VIDEO 360° VIEW CONNECT 9:41 9:41 9:41 25 | Justdial Corporate Presentation · Product Overview · JD Mart for B2B
Slide 27: JD Mart Conversational RFQ
JD MART FOR B2B JD Mart Conversational RFQ AI assistant that turns a buyer's requirement into matched, verified sellers RFQ REFINE MATCHED SELLERS 9:41 9:41 9:41 26 | Justdial Corporate Presentation · Product Overview · JD Mart for B2B
Slide 28: Self-Sign-Up
GROW YOUR BUSINESS Self-Sign-Up Businesses can start a paid campaign on their own, in minutes GET STARTED SELECT PLAN PAYMENT 9:41 9:41 9:41 27 | Justdial Corporate Presentation · Product Overview · Grow your business
Slide 29: AI-Led Onboarding & Customer Support
GROW YOUR BUSINESS AI-Led Onboarding & Customer Support Automated business onboarding, verification and multilingual support via Whatsapp ONBOARDING VERIFICATION SUPPORT 9:41 9:41 9:41 28 | Justdial Corporate Presentation · Product Overview · Grow your business
Slide 30: Lead Bank
GROW YOUR BUSINESS Lead Bank 100% AI-qualified leads, ready for businesses to unlock and contact DASHBOARD LEAD BANK UNLOCK & CONNECT 9:41 9:41 9:41 29 | Justdial Corporate Presentation · Product Overview · Grow your business
Slide 31: Merchant Analytics Dashboard
GROW YOUR BUSINESS Merchant Analytics Dashboard A real-time view of how a business is performing on Justdial OVERVIEW ENQUIRIES SUMMARY RESPONSE TIME 9:41 9:41 9:41 30 | Justdial Corporate Presentation · Product Overview · Grow your business
Slide 32: JD Business
GROW YOUR BUSINESS JD Business One dashboard to manage campaigns, enquiries and performance PROFILE PERFORMANCE 9:41 9:41 31 | Justdial Corporate Presentation · Product Overview · Grow your business
Slide 33: AI-Led Merchant Review Response
GROW YOUR BUSINESS AI-Led Merchant Review Response Businesses can let AI reply to all reviews, or only to positive ones REVIEWS AI RESPONSE MODE 9:41 9:41 32 | Justdial Corporate Presentation · Product Overview · Grow your business
Slide 34: JD Omni
GO DIGITAL JD Omni Cloud tools to run the business, track sales and sell online BUSINESS TOOLS ANALYTICS ONLINE STORE 9:41 9:41 9:41 33 | Justdial Corporate Presentation · Product Overview · Go digital
Slide 35: JD Omni Website Builder
GO DIGITAL JD Omni Website Builder Build and edit a business website in minutes, on desktop and mobile WEBSITE BUILDER 34 | Justdial Corporate Presentation · Product Overview · Go digital
Slide 36: Summary & Governance
04 SUMMARY & GOVERNANCE 01 Performance Summary 02 Board of Directors 03 Leadership Team 04 Shareholding Pattern 35 | Justdial Corporate Presentation · Summary & Governance
Slide 37: Performance Summary
P E R F O R M A N C E S U M M A RY 2Q FY27 (Quarter ended September 30, 2026) Metric Unit 2Q FY27 2Q FY26 YoY change 1Q FY27 QoQ change Operating Revenue (₹ million) 3,428 3,031 13.1% 3,275 4.7% Operating EBITDA (₹ million) 907 871 4.1% 874 3.7% Operating EBITDA Margin % 26.4% 28.7% -228 bps 26.7% -
Slide 38: Performance Summary
P E R F O R M A N C E S U M M A RY 2Q FY27 (Quarter ended September 30, 2026) Metric Unit 2Q FY27 2Q FY26 YoY change 1Q FY27 QoQ change Unique Visitors (million) 198.4 197.7 0.4% 192.9 2.8% - Mobile (million) 168.9 172.5 -2.1% 166.8 1.2% - Desktop/ PC (million) 24.5 19.7 24.7% 20.5 19.8% - Voice (mi
Slide 39: Board of Directors
BOARD OF DIRECTORS INDEPENDENT DIRECTORS Krishnan Sudarshan is an Engineering graduate from National Institute of Technology, Kurukshetra and has completed the Owner Krishnan Sudarshan / President Management Program (OPM) at the Harvard Business School. He is the Managing Director of EMA Partners In
Slide 40: Board of Directors
BOARD OF DIRECTORS NON-EXECUTIVE DIRECTORS V S S Mani is the Founder of Just Dial. With over 37 years of experience in the field of media and local search services, he has V S S Mani successfully steered and kept our business on the growth track, driven by technological innovation. V. Subramaniam is
Slide 41: Leadership Team
LEADERSHIP TEAM Name Designation Experience Functional Areas Overall growth strategy, planning, execution and Dinkar Ayilavarapu Chief Executive Officer 23 Years management Finance, Accounting, Treasury, Audit and Investor Dinesh Taluja Chief Financial Officer 23 Years Relations Leads Product, Desig
Slide 42: Shareholding Pattern
SHAREHOLDING PATTERN 3.37% Foreign Investors 9.11% 74.14% Promoter and Individuals Promoter Group* AS ON SEP 30, 2026 13.38% Domestic Investors *Stake held by Promoter - Reliance Retail Ventures Limited (RRVL) = 63.83% 41 | Justdial Corporate Presentation · Summary & Governance
Slide 43: Thank You
THANK YOU 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 42 | Justdial Corporate Presentation