Just Dial Ltd. · NSE:JUSTDIAL
Just Dial — Q1 FY27 Earnings Presentation
61 slides from Just Dial's earnings presentation, Jul 11, 2026
Slide 1: Regulation 30 filing cover letter
July 11, 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 (E
Slide 2: Corporate Presentation July 2026
CORPORATE PRESENTATION July 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, 160.5 sellers of products & services million ratings & reviews with potential buyers/ users 192.9 million quarterly unique visitors in Q1-FY27 Database of 56.1 million listings Scalable and profitable business model 639,2
Slide 6: Key Strengths
KEY STRENGTHS ❑ First Mover Advantage in Indian Local Search Market ❑ Strong Brand Recognition with 192.9 million unique quarterly visitors^ in Q1 FY27 (182.4 million in Q4 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 5,796 employees in tele-sales, 5,169 feet-on-street salesforce Bengalur
Slide 8: Platforms Traffic Share
P L AT F O R M S 86.5% MOBILE Mobile Site & Apps Traffic Share Q1 FY27 10.6% D E S K TO P/ P C 192.9 million^ www.justdial.com 2.9% 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 160.5 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 @ Mainland China Ce Qa § we Q S o 8 , a Verified —\onanee 2Sortby Amenities + Ratings Bo 7 ‘ Mainland China ee a o Ea 6 Results for your search DEE 15.5kRatings (My Business Fae: Doctors Travel Andheri West, Mumbai » @ 15 min + 5.0 km Chinese Restaurants + 27 Years in Business 6
Slide 16: JD Mobile
JD Mobile General Physician Doct... : : S TiteccNotestthmea AO ‘ Seas § Sa Verified Verified emus RMS MULTISPECIALITY ODr. Ashish Agrawal The © HCG Cancer Centre HOSPITAL & ICU \ Call ., IAB 224 Rotings Heart Clinic 2.2k Ratings 141 Ratings Borivali West, Mumbai + @ 23 min «7.6 km Bhandup West, Mumb
Slide 17: JD Mobile
JD Mobile < Qo Ar rt < Enrich Beauty QA: one's Overview Catalogue Locations Review ©The Neha Salon & Academy 2.6k Ratings Business Summary Goregaon West, Mumbai » @ 8min «2.6 km Beauty parlour offering premium hair styling, makeup. and facial services with aroma therapy, Beauty Parlours » 37 Years i
Slide 18: JD Mobile
JD Mobile < Prequel QA: < — MainlandChina QA: jew Menu Reviews Services Photos Locations Reviews Services Photos Bucs) = [2] B * 020] Broo ea] Bom: [2] Ete ane Nu eau’
Slide 19: Voice Search
Voice Search Listening..... Mainland China restaurant < QAi Verified — pimnanty Mainland China CER 15-5 Ratings Andheri West, Mumbai » @ 15min = 5.0 km Chinese Restaurants » 27 Years in Business % 2100 Price fortwo Opens at: 07:30 PMY 908. Call WhatsApp AskAnything Direction R Overview Menu Location
Slide 20: JD Website
JD Website Justdial Search across ‘5.3 Crore+’ Businesses ” [ susiness (QPEN~ Wearetiring Investor Relations qk Advertise {2 Free isting {Y Search for Pest Control Services © mumbai FIFA WORLD CuP USA - Mexico - Canada lore No @ Restouronts Hotels Beauty Home Wedding Spa Decor Planning PG/Hostets Es
Slide 21: JD Website
JD Website ® Mumosi Poco Loco Tapas Bar Khar West Justdial Mute > Fhe Diy Restos nts (R000 To RS 7000) ex Manoa > Fr Ding Renamer (P5000 To RS 2000) in Ke Unt © Poco Loco Tapas & Bar 6843 Rating Verified @ Your triend Pankaj rates 5/5 © Khar weet, Mumbal_- Open until tm 7 Years in Business) Price fo
Slide 22: JD Website
JD Website <__JWMarriott Hotel in Juhu, Mumbai - Gallery al(69) Room (I3)__video(2) Exterior (10) interior (6) Swimming Pool (4) ining (8) By Owner (14) By User(3)__View 260 (14) Ev a * Cr | a F | a EP
Slide 23: Enhanced Ratings & Reviews System
Enhanced Ratings & Reviews System
Slide 24: Review Insights
Review Insights Justdial Key Insights > What users liked * The cate has a great and pleasant ambiance The statt is friendly and attentive * The food is delicious and fiavortul, with a variety of options More *BETA VERSON - Likas and suggested improvements ara based cn| enews ocross the web Reviews &
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, Universal Biz Listing, Travel
Beyond Search JD Shopping Universal Biz Listing 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 < QA @Prime Property Consultant 86 Ratings Sanpada Sector 1, Mumbai + @ 68min «22.4 km Real Estate Agents «31 Years in Business Response time: 1 hrs Open Now: until 8:00 pm ¥ @Ot:: Call WhatsApp Enquiry Direction = Rev Overview Reviews Services Photos = 35,000 in) 2 BHK Flat in Moraj Reside
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) 198.0 197.7 192.9 200 191.2 191.3 193.2 181.3 184.5 182.4 180 160 140 120 100 80 60 40 20 0 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26 1Q FY27
Slide 41: Quarterly Unique Visitors split (million)
TRAFFIC/ VISITORS Quarterly Unique Visitors split (million) 200 180 160 140 120 169.0 164.4 167.9 172.5 166.8 154.5 166.2 159.1 156.3 100 80 60 40 20 20.4 23.4 21.4 20.5 20.1 19.4 19.7 20.2 21.0 0 6.3 5.6 5.4 5.0 5.9 5.5 5.2 5.2 5.6 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26 1Q
Slide 42: Ratings & Reviews (million)
USER ENGAGEMENT Ratings & Reviews (million) 175 157.1 160.5 152.6 153.7 154.7 155.7 149.1 150.3 151.4 150 125 100 75 50 25 0 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26 1Q FY27
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 56.1 54.7 52.8 51.2 48.8 49.7 50 47.5 44.9 46.2 40 30 20 10 0 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26 1Q FY27
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 41.7 40 37.3 35.9 34.8 35 32.7 30.8 31.8 29.5 30 25 20 15 10 5 0 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26 1Q FY27
Slide 45: Images in Active Listings (million)
D ATA E N R I C H M E N T Images in Active Listings (million) 275 263 256 250 250 239 227 231 225 216 207 198 200 175 150 125 100 75 50 25 0 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26 1Q FY27
Slide 46: Cumulative JD App Downloads (million)
MOBILE APPS Cumulative JD App Downloads (million) 50 45 43.3 44.1 41.7 42.5 39.9 40.7 40 38.2 39.0 37.3 35 30 25 20 15 10 5 0 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26 1Q FY27
Slide 47: Operating Revenue (Rs million)
REVENUE Operating Revenue (Rs million) 3,500 3,275 3,031 3,057 3,072 2,979 3,000 2,848 2,873 2,892 2,806 2,500 2,000 1,500 1,000 500 - 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26 1Q FY27
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 26.7% 28% 600 21% 952 866 861 864 871 888 874 400 806 821 14% 200 7% - 0% 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26 1Q FY27
Slide 49: Expenses as % of Operating Revenue
COST STRUCTURE Expenses as % of Operating Revenue 100% 90% 80% 2.1% 2.1% 2.1% 1.9% 1.9% 1.8% 1.5% 2.1% 1.9% 2.8% 2.9% 3.0% 2.5% 2.2% 3.1% 3.2% 2.3% 70% 2.5% 9.6% 9.9% 9.8% 10.5% 10.7% 11.2% 12.3% 9.6% 10.3% 60% 50% 40% 30% 61.6% 61.2% 60.2% 60.4% 60.4% 60.6% 58.6% 59.9% 61.0% 20% 10% 0% 1Q FY25 2Q F
Slide 50: Other Income (Rs million)
OTHER INCOME Other Income (Rs million) 1,400 1,315 1,273 1,200 1,136 1,087 1,000 869 846 800 774 733 600 486 400 200 - 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26 1Q FY27 Note: 1. Other Income primarily constitutes mark-to-market (MTM) gains on treasury portfolio, which can have
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% 36.2% 1,500 36% 31.7% 30.2% 1,250 28.1% 30% 1,000 24% 1,596 1,663 750 1,541 1,576 18% 1,412 1,313 1,194 1,179 500 1,000 12% 250 6% - 0% 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26 1Q
Slide 52: Active Paid Campaigns - period end
PA I D C A M P A I G N S Active Paid Campaigns - period end 700,000 629,180 631,530 639,200 613,290 617,340 623,970 591,650 598,430 601,080 600,000 500,000 400,000 300,000 200,000 100,000 - 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26 1Q FY27
Slide 53: Cash & Investments - period end (Rs million)
CASH AND INVESTMENTS Cash & Investments - period end (Rs million) 62,500 60,221 58,522 55,697 57,030 54,298 52,786 49,428 50,627 50,000 47,555 37,500 25,000 12,500 - 1Q FY25 2Q FY25 3Q FY25 4Q FY25 1Q FY26 2Q FY26 3Q FY26 4Q FY26 1Q FY27
Slide 54: Sales Strength - Period End
SALES FORCE Sales Strength - Period End 12,000 10,965 10,184 10,176 10,472 9,980 10,103 10,077 10,135 9,765 10,000 3,630 3,741 3,807 8,000 3,754 3,866 3,932 3,919 3,771 3,764 1,539 6,000 1,543 1,532 1,574 1,538 1,568 1,566 1,511 1,523 4,000 5,796 4,694 4,744 4,633 4,689 4,740 4,883 5,122 2,000 4,478
Slide 55: 1Q FY27 Performance Summary
JUST DIAL LTD - 1Q FY27 (Quarter ended June 30, 2026) PERFORMANCE SUMMARY Metric Unit 1Q FY27 1Q FY26 YoY change 4Q FY26 QoQ change Operating Revenue (₹ million) 3,275 2,979 9.9% 3,072 6.6% Operating EBITDA (₹ million) 874 864 1.2% 888 -1.5% Operating EBITDA Margin % 26.7% 29.0% -232 bps 28.9% -220
Slide 56: 1Q FY27 Performance Summary (Operating Metrics)
JUST DIAL LTD - 1Q FY27 (Quarter ended June 30, 2026) PERFORMANCE SUMMARY Metric Unit 1Q FY27 1Q FY26 YoY change 4Q FY26 QoQ change Unique Visitors (million) 192.9 193.2 -0.2% 182.4 5.8% - Mobile (million) 166.8 167.9 -0.7% 156.3 6.8% - Desktop/ PC (million) 20.5 19.4 5.6% 21.0 -2.3% - Voice (millio
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 Leads Product, Design & Technology teams, IT Infra and Visha
Slide 60: Shareholding Pattern
S H A R E H O L D I N G P AT T E R N 4.01% 74.14% FOREIGN PROMOTER INVESTORS AND PROMOTER GROUP* 10.23% AS ON INDIVIDUALS JUN 30, 2026 11.62% DOMESTIC INVESTORS *Stake held by Promoter - Reliance Retail Ventures Limited (RRVL) = 63.83%
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