Slide 1: Justdial - India's No.1 local search engine
Justdial® India's No.1 local search engine January 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 Agas
Slide 2: Corporate Presentation January 2026
CORPORATE PRESENTATION January 2026 Justdiar India's No.1 local search engine
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, 155.7 sellers of products & services million ratings & reviews with potential buyers/ users 184.5 million quarterly unique visitors in Q3-FY26 Database of 52.8 million listings Scalable and profitable business model 629,1
Slide 6: Key Strengths
KEY STRENGTHS ❑ First Mover Advantage in Indian Local Search Market ❑ Strong Brand Recognition with 184.5 million unique quarterly visitors^ in Q3 FY26 (197.7 million in Q2 FY26) ❑ Comprehensive database of 52.8 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 4,883 employees in tele-sales, 5,252 feet-on-street salesforce Bengalur
Slide 8: Platforms
P L AT F O R M S . . .. Justcial ~ □ 86.2% :o; a MOBILE Traffic - -- Mobile Site & Apps Share -- 'I' - Q3 FY26 -·- - ,,.. 9 ~ ....... II!'_ C D--- 11.0% 184.5 million^ - • D E S K TO P/ P C lf6&\hil www.justdial.com 2.8% -. -·. VOICE 88888-88888 ^ Unique visitors are aggregated across various medium
Slide 9: Mobile
MOBILE 1e)1 Justclial .. . ~ :o: Android & iOS Apps " Predictive Auto-Suggest -e - "" --- D ,_ Company, Category, Product Search Map View of Category Search - - -• Ii 'I' Location Detection Voice Search App Notifications JD Pay Maps & directions Location-based search service Ratings & Reviews Friend
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 + □ [•0•] --- 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
Slide 13: User Engagement
USER ENGAGEMENT ***** 155.7 million Ratings & Reviews Mainland Chino l'l<J• ,w X Excellent :. Mobile-verified, unbiased ratings Intelligent tags to capture experiences Dlne ln Delivery Friends’ Ratings 5-Point Rating Scale What did you love? Q, Photos Upload with Review Tra ined staff Eosyboo ing Ro
Slide 14: Product Overview
PRODUCT OVERVIEW
Slide 15: JD Mobile
JD Mobile Justdial .0 < Mainland China /\ndhcri. Mumba, < v .irified TnHt ; Sort by ; Amenit ies ; Ratings Be Q. Search in Mumbai Mainland China 8 Results for your search ml 15.2k Ratings • My Business @ B28 Doctors Travel Andheri West. Mumbai • .. 16 min • 5.0 km Chinese Restaurants • 27 Years in B
Slide 16: JD Mobile
JD Mobile < General Physician Doct... Lin, Road t,.Aa ad West Mumbai Q i:::> ,.. ,._ < < Q 4 \/clrified v erified Trust '· , '.! r-° o ._,..-J , • j RMS MULTISPECIALITY HOSPITAL & ICU ~ 4* 224 Ratings \,. Coll I . C, Dr. Ashish Agrawal The Heart Clinic mJ 140 Ratings Bhandup West, Mumbai • ii 35 min
Slide 17: JD Mobile
JD Mobile < ( The Neha Salon & Academy v'trified nu" Overview Catalogue Reviews Services C, The Neha Salon & Academy DD 2 2k Ratings Do you recommend this business? Goregaon West. Mumbai • lil 8 min • 2.6 km Beauty Parlou rs • 37 Years in Business Yes No Maybe Opens at: 10 :00 am tomorrow v 1 Women
Slide 18: JD Mobile
JD Mobile ( Prequel ( Mainland China Menu Reviews Services Photos Locations Reviews Services Photos All (106) ~ Food~ [= ,e__ Am _ b_ir ~
Slide 19: Voice Search
Vo i c e S e a rc h < Listening .... . Mainland China Mainland China restaurant m J 15.2k Ratings Andheri West. Mumbai • ji 16 min • 5.0 km Chinese Restaurants • 27 Years in Business a! 2100 Price for two Opens at: 07:30 PM v Call WhatsApp Direction * Review Edit L , . X Overview Menu Locations Rev
Slide 20: JD Website
JD Website E!!ill:lm Justdial (JY- CN..., We ore I !iring Investor Relations 'tl= Advertise ~ rree Listing 0 Search across ' 5.9 Crore+ ' Products & Services , oownJoad App 1 @ 00 ~ sf e J. 1fi ~ ~ Restaurants Hotels Beauty Horne Wedding Educ ation Rent&Hlre Hospitals contractors Pet shops Spo Decor
Slide 21: JD Website
JD Website l!lmE Justdi I ";:J M..111100 Pucu Lu.:u Tuµus BUI Kt JUI Wttsl X • cW EN V ~ At.lvt>lllse I,!'. F,e., Lislhiij 1J MuMbai ) 11. ~toura r'll:c lnM.J'l"'lbcil > R C>Uaut01,t:c 1nll'lor v.·oct ) Poeol..oao-opoo E. Bot 0 Poco Loco Ta pas & Bar Qesta.Jro:nts Home Del\'etyRt,SlOU'OnlS all H,HHI
Slide 22: JD Website
JD Website {IW Marriott Hotel in Juhu, Mumbai - Gallery "show Number _ Bestbeal | { & addPhotos | || x all(62) || Room (It) | video (2) | | exterior (10) | interior (5) Swimming Poo! (6) ining (2) | { view360° (14) } Q i" am a a oe
Slide 23: Enhanced Ratings & Reviews System
Enhanced Ratings & Reviews System ( Mainland China Mainland China X Mainland China X AMheri West AMheri West aaaaa aaaaa Locations Reviews Services Photos Excellent Exce llent Reviews & Ratings II 15.2kRatings Jd rat ing iridex based on 15.2k ratings across the Web @ Dine in rrfI Delivery @ Dinein @
Slide 24: Review Insights
Review Insights Key Insights (6 What users liked lirul What can be i mproved The cofe ho s a great and pleasant ambiance • Some customers mentioned thot the customer service was d isappointing, w ith arrogant and careless staff • Tile staff is friendly and attentive members The food is delicious and
Slide 25: JD Mart – Exclusive B2B Platform
JD Mart – Exclusive B2B Platform Loc:al1011 < Mumbai v Textile Machinery < Q_ ~ Q sea rch "'CCTV Camera" < Murnba• vdrifled Products Suppliers Mitsuba systems India LLP IIIJ 657 Ratings Andheri west. Mumbai • 5.7 km \Qi Hi Amey, Looking for CCTV Camera l$fflfu&MMl§I 47 Years in Business Tea coffee a
Slide 26: JD Mart – Exclusive B2B Platform
JD Mart – Exclusive B2B Platform • • < Seller Brochure Ch ill i Powder Machine .+ Share 9 Ask More Photos • Small Electrostatic Powder lnfratech Electrostatic Powder More from this seller Coating Machine Coating Machine C,Aastha Engineering C, Euro Sh ine Powder Coating Mach ine MJ11Uki:i - De t mor
Slide 27: JD Mart – Exclusive B2B Platform
JD Mart – Exclusive B2B Platform Justdial @ Muml:x:Ji search "Roofing sheets~ All Ca tegories Food & Bovcrogo -v Industria l Mochinory "' Apparel & Fashion v Eloctronics v Hoolth & Medical v Are you looking for Have a business ? Fencing Wire? Start selling with us in just 40 secs for free! Wha t is
Slide 28: JD Mart – Exclusive B2B Platform
JD Mart – Exclusive B2B Platform Justdial @ Mumbai CP PU.JS CP ENC D21Pl.3C WlrAIA~5. CC TV Dcn"le C__ X ,.g m ~ fNv qj: AdvertisiEl Mil-ill-Iii 111111111111111!11111111111 ~ Become □ Sol Im R W : R P All c megorltts Food iii. Be\•,;,rng i=i, v ln d ust f1ol 111.achlnery v Apparel & Fas hion v Floc
Slide 29: JD Mart – Exclusive B2B Platform
JD Mart – Exclusive B2B Platform E!!ll!!ml Justdlal Mitsa 1hn Sy~tP.m~ lnr1in 11P For.rnry 01 1tlAt An X dl[ f f',, V ~ IPmts .:I' Ar1,~rTiSA ~ frnA l ist ino G W Q 4 i 3 i i i MumbCJil ) Po-:Jon Cc:,(,ll""tg Equlpmont McJl'li.lJcJclw(d Ir· Mun bOI > Po'llldJI Cc,at.ng Equprw:,11t Mul'Uloci.lJri'..-
Slide 30: Self-Sign-up for SMEs to start paid campaign
Self-Sign-up for SMEs to start paid campaign o1II 5G ' · < Justd"al CiffliSi·h♦ < Select Your Plan < Payment Summary vat1ar111 Vo llctll ll -- New Year Otter I \ \ New Year otter I \ \ ~ 2 • • 7 • • 36 • • 37 1.+ . .. 2 • 7 • 35 • 31 t GROWVour Business lililliiliiliiM DAYS HOUR S MINUTES SECONDS I
Slide 31: JD Business – Dashboard for SMEs to manage campaigns
JD Business – Dashboard for SMEs to manage campaigns Q Help {J, overolll Performance Total Enquiries -1284 C:, FCII En:ti rprfse!;i V 1-.'.bl -..! f· ter ., Starred Oate ., lotalD;q le~ RelpOl'lds::l Bil.Int i 'oo ~ ·t ,Prime f"lg,;;em1;mt Above Competitors 1'2,375, 8.044 {86'X.J3ood) @ ~f,11 Lh!ll
Slide 32: Beyond Search: JD Shopping, Get quotes, Travel
Beyond Search JD Shopping Get quotes on Products Travel L < Mumbai - 400005 v Q. < Q. < Travel ~ Sort by V "' I Compo,• ~ Flignts ~· Bus e § Trains Car Rentals ~ Tempo ApplcM OOll P o COie !I 81h Gen I Travellers GB/256 GB SS0/Mac OS Mo ave) MR9U ... 1fil.1 ~ Q ~ lw ::., jl ' , 1,69,900 Hotels Resor
Slide 33: Beyond Search: Flights, Bills & Recharge, JD Pay
Beyond Search Flights Bills & Recharge Jd Pay < Flights ·~ Bills & R charge JD Pay Q;-1-Way Round Ti Ip Flight Status - •. E ctr1 1ty My ms I MCI ti tr.t. DT H r, r>d, ,g •115i 1story Au:o r•:, er>l Mumbai BOM T 550 Tra ,8 New Delhi DEL 0 95948!58380 d 111!1. 11 cy {2330 31 Jan, at adani I 2210105 1
Slide 34: Beyond Search: Stocks, Logistics, Get quotes
Beyond Search Stocks Logistics Get quotes J rt lo 1st, s c 00 e Yo r Pr r r ed Logl l c Partn r 11 • 597 ,.. 0 4000 S1 "I 201309 S9 4 ]138 • 8108 V !nsumt lowest Quotes OWtlUEr ]138 810 V LOGISTICS SIMP IFIED 5518 V ])98 . 8392 .. V 0 plor s p . !:..! E1 - Proceed
Slide 35: JD Xperts – One Stop Solution for On-Demand Services
JD Xperts – One Stop Solution for On-Demand Services Repa r Services A hon Service Split AC S rvlce 399 rv le rvto r(lr a I JO' hr;, rid,; 1,0 .5 ,8G enqulrt:• 1n Delhi tl't Mootl'I ftl AC Repair Service W1ndowAC AD 499 '-' ) .1cl'I · ·P a ,u Repair Qulck Home Service A - .I ,I CR· •I Woo • AC " Ir
Slide 36: JD Omni – Cloud-Hosted Solution for Digitalizing Businesses
JD Omni – Cloud-Hosted Solution for Digitalizing Businesses --= 0 0 h Doy - ,, Q !-= s I l 00 fit ,, 11 Gross Pro ( I ,2 0 Food Store Fr It V !es Or It
Slide 37: JD Homes
JD Homes 4:38 < < Prime Property Consultant O Pri,m e Property Consultant OVerv aw Prope rti es Reviews Services I.ID 78 Rat1n9s sonp!lca sector 1, M.i, nbe • il 68n 1 n • 2 4kr11 Re.ii Est at e Agents • 31 Year: m IJ91n rloo v BHKi'{pc., RcspoMC Lime :· hro , 16,000 CJ Open Now until 8.00 pm ..,. H
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) 198.0 197.7 200 191.2 191.3 193.2 184.5 181.3 180 171.1 165.9 160 140 120 100 80 60 40 20 0 3Q FY24 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26
Slide 41: Quarterly Unique Visitors split (million)
TRAFFIC/ VISITORS Quarterly Unique Visitors split (million) 200 180 160 140 120 169.0 164.4 167.9 172.5 100 154.5 166.2 159.1 141.2 144.7 80 60 40 20 20.8 20.4 23.4 21.4 19.1 20.1 19.4 19.7 20.2 0 5.6 5.6 6.3 5.6 5.4 5.0 5.9 5.5 5.2 3Q FY24 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q
Slide 42: Ratings & Reviews (million)
USER ENGAGEMENT Ratings & Reviews (million) 175 152.6 153.7 154.7 155.7 148.0 149.1 150.3 151.4 150 147.0 125 100 75 50 25 0 3Q FY24 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q 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 52.8 51.2 48.8 49.7 50 47.5 44.9 46.2 43.6 41.6 40 30 20 10 0 3Q FY24 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26
Slide 44: Listings with Geocodes (million)
D ATA E N R I C H M E N T Listings with Geocodes (million) 40 37.3 35.9 34.8 35 32.7 31.8 30.8 29.5 30 28.5 26.4 25 20 15 10 5 0 3Q FY24 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q 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) 275 250 250 239 227 231 225 216 207 198 200 188 176 175 150 125 100 75 50 25 0 3Q FY24 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26
Slide 46: Cumulative JD App Downloads (million)
MOBILE APPS Cumulative JD App Downloads (million) 45 41.4 42.2 39.9 40.7 40 38.2 39.0 36.4 37.3 35.8 35 30 25 20 15 10 5 0 3Q FY24 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26
Slide 47: Operating Revenue (Rs million)
REVENUE Operating Revenue (Rs million) 3,500 3,031 3,057 2,979 3,000 2,848 2,873 2,892 2,806 2,650 2,703 2,500 2,000 1,500 1,000 500 - 3Q FY24 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q 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% 800 26.1% 28% 22.8% 600 21% 952 866 861 864 871 400 806 821 14% 706 604 200 7% - 0% 3Q FY24 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26
Slide 49: Expenses as % of Operating Revenue
COST STRUCTURE Expenses as % of Operating Revenue 100% 90% 80% 70% - - - - - - - - - 2.4% 3.0% 9.9% 2.2% 3.2% 9.7% 2.1% 2.8% 9.6% 2.1% 2.9% 9.9% 2.1% 3.1% 9.6% 2.1% 3.2% 9.8% 1.9% 3.0% 10.5% 1.9% 2.5% 10.7% 1.9% 2.5% 10.3% ' 60% 50% 40% 67.3% 64.1% 30% 61.6% 61.2% 60.2% 60.4% 60.4% 60.6% 58.6% 20% 1
Slide 50: Other Income (Rs million)
OTHER INCOME Other Income (Rs million) 1,400 1,273 1,200 1,136 1,087 1,000 913 869 846 800 749 774 733 600 400 200 - 3Q FY24 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q 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 30% 27.1% 1,000 24% 1,541 1,576 1,596 750 18% 1,412 1,313 1,156 1,194 1,180 500 12% 920 250 6% - 0% 3Q FY24 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY
Slide 52: Active Paid Campaigns - period end
PA I D C A M P A I G N S Active Paid Campaigns - period end 700,000 617,340 623,970 629,180 598,430 601,080 613,290 583,690 591,650 600,000 566,955 500,000 400,000 300,000 200,000 100,000 - 3Q FY24 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26
Slide 53: Cash & Investments - period end (Rs million)
CASH AND INVESTMENTS Cash & Investments - period end (Rs million) 60,000 57,030 55,697 54,298 52,786 49,428 50,627 50,000 47,555 46,254 44,053 40,000 30,000 20,000 10,000 - 3Q FY24 4Q FY24 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26
Slide 54: Sales Strength - Period End
SALES FORCE Sales Strength - Period End 12,000 ·-------· I I 10,906 I L-------1 I 1------- 1------- ·-------· 10,184 I ·-------· I 10,103 ·-------· 10,176 ·-------· I ·-------· 10,135 I I I I 1 ._ I 9,816JI I _____ 1 I 9,980JI ._ _____ I I 1------- 1 I I I I 10,077 I I I I I I L-------1 ._ 9,765JI I
Slide 55: 3Q FY26 Performance Summary
JUST DIAL LTD - 3Q FY26 (Quarter ended December 31, 2025) PERFORMANCE SUMMARY Metric Unit 3Q FY26 3Q FY25 YoY change 2Q FY26 QoQ change Operating Revenue (₹ million) 3,057 2,873 6.4% 3,031 0.9% Operating EBITDA (₹ million) 952 866 10.0% 871 9.4% Operating EBITDA Margin % 31.2% 30.1% 101 bps 28.7% 24
Slide 56: 3Q FY26 Performance Summary
JUST DIAL LTD - 3Q FY26 (Quarter ended December 31, 2025) PERFORMANCE SUMMARY Metric Unit 3Q FY26 3Q FY25 YoY change 2Q FY26 QoQ change Unique Visitors (million) 184.5 191.2 -3.5% 197.7 -6.6% - Mobile (million) 159.1 164.4 -3.2% 172.5 -7.8% - Desktop/ PC (million) 20.2 21.4 -5.6% 19.7 2.7% - Voice (
Slide 57: 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 58: 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 59: 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 60: Shareholding Pattern
S H A R E H O L D I N G P AT T E R N 6.54% 74.15% FOREIGN PROMOTER INVESTORS GROUP* 8.78% AS ON INDIVIDUALS Dec 31, 2025 10.53% DOMESTIC INVESTORS *Stake held by Promoter - Reliance Retail Ventures Limited (RRVL) = 63.84%
Slide 61: 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