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Marathon Nextgen Realty Limited

Marathon Nextgen Realty Limited

370.45
INR
+0.95
(+0.26%)
32.81EPS
11.73P/E
25.54BMarket Cap
Marathon Nextgen Realty Limited
BSE:MARATHON
(Bombay Stock Exchange)

Recent

price

370.45

P/E

ratio

11.73

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
17.09
14.4
8.1
5.2
4.1
34.69
33.96
14.15
17.83
52.39
44.68
66.5
151.14
144.9
108.33
76.25
78.91
Revenue per Share
15.46
12.48
8.77
6.42
6.75
14.66
14.79
7.93
6.84
5.23
3.3
8.37
26.18
34.43
36.43
32.02
32.28
Basic EPS, GAAP
13.6
-0.41
-3.08
2.94
0.04
-9.23
-9.78
34.64
19.96
3.92
-23.77
16.27
68
4.27
-5.6
-9.08
- -
Free Cash Flow per Basic Share
-0.72
-0.17
- -
1.5
1.67
2
0.6
0.57
2.41
0.6
- -
- -
0.5
0.97
1.01
1.06
- -
Dividend per Share
68.47
79.41
86.38
90.84
92.74
104.65
118.85
119.46
132.05
128.97
132.41
141.17
169.5
196.42
231.79
337.41
337.41
Book Value per Share
68.47
79.41
86.38
90.84
92.74
104.32
118.85
119.46
110.64
101.74
105.19
113.95
142.47
171.41
206.76
317.87
317.87
Tangible Book Value per Share
57
57
57
57
57
57
57
49
46
46
46
46
46
48
51
63
63
Basic Weighted Avg Shares
972
819
461
296
233
1,973
1,931
692
820
2,410
2,055
3,059
6,985
7,005
5,547
4,832
4,961
Sales/Revenue/Turnover
20.37
118.31
25.29
18.46
21.64
30.54
29.35
61.99
61.3
24.34
31.1
23.49
34.76
32.84
30.73
24.77
24.44
Operating Margin (%)
4
4
2
1
3
3
1
8
18
57
54
30
32
28
36
16
16
Depreciation Expense
879
710
499
365
384
834
841
387
315
241
152
385
1,210
1,665
1,866
2,030
2,030
Net Income, GAAP
18.65
19.14
- -
22.57
26.85
20.79
20.61
27.33
19.71
20.67
27.84
32.64
27.73
25.77
21.85
23.71
23.71
Effective Tax Rate (%)
90.49
86.67
108.26
123.45
164.66
42.26
43.56
56.03
38.38
9.99
7.39
12.59
17.32
23.76
33.63
42
40.91
Profit Margin (%)
2,859
3,301
3,621
-43
80
2,112
2,960
1,164
2,899
1,648
5,669
4,324
5,267
5,673
5,840
12,993
12,993
Working Capital
221
- -
1
- -
- -
- -
113
1,165
3,530
4,348
6,673
8,907
7,792
5,826
3,779
857
857
LT Debt
3,894
4,516
4,913
5,167
5,274
5,952
6,760
5,495
6,213
5,975
6,141
6,548
7,933
10,168
12,026
23,297
23,297
Total Equity
4.23
18.16
- -
7.13
7.35
14.85
13.14
4.28
4.47
4.21
3.7
3.13
10
9.87
7.48
4.26
4.32
Return on Invested Capital (%)
24.97
18.15
- -
7.19
7.36
14.85
13.16
5.79
5.3
5
3.61
5.63
11.97
13.06
12.72
9.85
10.05
Return on Capital (%)
25.17
16.88
10.58
7.24
7.36
14.85
13.24
6.32
5.44
4.01
2.53
6.12
16.87
18.6
17.02
11.73
11.73
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
117
- -
137
LT Borrowings
474
- -
857
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
67
67
67
Market Capitalization
39,751
37,459
25,539

Working Capital

INR

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
15,958
- -
16,354
Cash, Cash Equivalents & STI
5,702
- -
3,370
Accounts Receivable, Net
719
- -
572
Inventories
6,794
- -
8,371
Total Current Liabilities
3,252
- -
3,361
Payables & Accruals
- -
- -
- -
ST Debt
117
- -
137
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.48%
33.59%
93.72%
Free Cash Flow
-131.14%
-16.01%
100.78%
Net Income, GAAP
29.39%
85.22%
8.79%
Sales/Revenue/Turnover
27.52%
28.75%
-12.88%
Total Cash Common Dividend
- -
- -
29.79%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,098
1,290
2,104
1,513
7,005
2025
1,622
1,460
1,234
1,486
5,547
2026
1,408
1,169
1,249
1,135
4,832

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9.11
7.32
10.22
7.78
34.43
2025
7.22
9.46
9.58
10.59
36.43
2026
11.69
9.8
4.85
6.75
32.02

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.97
2025
- -
- -
- -
- -
1.01
2026
- -
- -
- -
- -
1.06
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Business
Marathon Nextgen Realty Limited (MARATHON.NS), the publicly listed entity of the Marathon Group, engages in the construction, development, and sale of commercial and residential real estate projects across the Mumbai Metropolitan Region in India; its core offerings encompass luxury residential developments such as Marathon Nextgen Era and NeoHomes series for affordable housing, commercial properties including Marathon Nextgen Innova, Monte Plaza, and Millennium, flagship mixed-use campuses like Nextgen and Futurex, retail spaces, townships, and Slum Rehabilitation Authority (SRA) projects in areas including Lower Parel, Byculla, Panvel, Dombivli, Bhandup, Mulund, Thane, and beyond; the company targets families, retailers, small businesses, and corporate tenants, having delivered homes to over 10,000 families, retail space to 400 retailers, and offices to 350 businesses through more than 80 completed projects. Founded in 1969 and headquartered at Marathon Futurex, N. M. Joshi Marg, Lower Parel, Mumbai, India, Marathon Nextgen Realty operates as a subsidiary of Marathon Realty Private Limited within the broader Marathon Group's 53-year legacy in design-driven, engineering-focused real estate. In recent developments, the company raised Rs. 900 crore (US$105 million) through a Qualified Institutions Placement in June 2025 to fund debt reduction, land acquisition, ongoing projects, and general corporate purposes, enhancing its institutional investor base with participation from Quant Mutual Fund, Kotak Alternate Asset Managers, and others; it entered a joint venture with Adani Realty in 2025 for the Rs. 3,400 crore Monte South Commercial retail and office project in South Mumbai; additionally, it reported its highest-ever quarterly and half-yearly profit after tax in Q2 FY2026, approved an amalgamation scheme to consolidate promoter group assets for improved governance, and announced new project launches amid strong demand driven by infrastructure growth.