MARATHON
Marathon Nextgen Realty Limited
NSELast Traded Price
₹425
-3.75 (-0.87%)
Open
₹430.15
High
₹430.15
Low
₹418.25
Prev Close
₹428.75
Industry
Residential Commercial Projects
Market Cap
2865.37 Cr
Filing History
Recent corporate announcements and filings for MARATHON
Business Update
Positive
2026-08-26 15:59
- Marathon Nextgen Realty Ltd. confirmed regular dissemination of material information and provided a list of recent significant announcements in response to an email from the Stock Exchange dated August 24, 2026.
- Order Win: Marathon expanded its Mumbai footprint with a Rs. 450+ Crore GDV Versova Premium Redevelopment Project (announced July 3, 2026).
- Order Win: Marathon Nextgen Realty entered Sewri with a Rs. 450 crore GDV Residential project (announced August 1, 2026).
- Concall Schedule:
- Concall Date: Monday, August 10, 2026
- Concall Time: 12:30 p.m.
- Unaudited Financial Results (Standalone and Consolidated) for Q1 FY27 (quarter ended June 30, 2026) were approved and a press release was issued (August 7/8, 2026).
- 24,005 Equity Shares were allotted under the Employee Stock Options Plan (July 14, 2026).
- Notice for NCLT-directed meetings of Equity Shareholders and Unsecured Creditors of Marathon Nextgen Realty Limited is scheduled for September 7, 2026.
Business Update
Positive
2026-08-26 15:51
- Marathon Nextgen Realty responded to NSE by listing recent significant disclosures.
- Key announcements include two new residential projects in Mumbai with a combined Gross Development Value (GDV) over ₹900 Crores.
- Q1 FY27 unaudited financial results were approved and released, with an associated earnings conference call.
- Also, 24,005 equity shares were allotted under an ESOP scheme.
Business Update
Positive
2026-08-14 18:37
- Q1 FY27 total income reached INR 217 crores (multi-quarter high), with EBITDA at INR 66 crores and PAT at INR 52 crores.
- Q1 FY27 sales (including merged portfolio) totaled 46,000 sq ft, with booking value of INR 108 crores and collections of INR 146 crores.
- Management expressed a positive outlook for FY27, expecting stronger results and collections compared to the previous year.
- The company plans to deploy approximately INR 200 crores of capital on new projects in FY27, targeting 30-35% EBITDA margins for acquisitions.
- Added INR 900 crores of redevelopment GDV through new acquisitions in Versova and Sewri, marking a significant entry into society redevelopment.
- The company maintains a debt-free, net cash balance sheet, providing flexibility for strategic expansion and a substantial development pipeline including Monte South Commercial (GDV INR 3,400 Cr).
- Seeing huge demand for Permanent Transit Camps (PTC) sales and expects presales in the coming quarters.
Business Update
Neutral
2026-08-10 16:43
- Audio recording of the conference call held with Analysts and Investors on August 10, 2026, at 12:30 p.m. has been uploaded on the Company's website at https://marathon.in/nextgen/.
Financials
Negative
2026-08-10 15:08
- Q1 FY27 Consolidated Total Income ₹217 Cr vs ₹191 Cr (▲14% YoY)
- EBITDA ₹66 Cr vs ₹81 Cr (▼19% YoY)
- PAT ₹52 Cr vs ₹62 Cr (▼16% YoY)
- EBITDA Margin 30% vs 42% (▼1200bps)
Financials
Positive
2026-08-08 13:17
- Q1 FY27 Consolidated Total Revenues: ₹217 crore
- Consolidated EBITDA: ₹66 crore
- Consolidated PAT: ₹52 crore
- The company remained net debt-free with a positive net cash position.
- Strengthened development pipeline by adding two redevelopment projects with a GDV of Rs.900 crore.
Financials
Positive
2026-08-07 16:57
- Consolidated Revenue ₹197.50 Cr vs ₹140.81 Cr (▲40.26% YoY)
- EBITDA ₹46.52 Cr vs ₹30.92 Cr (▲50.45% YoY)
- PAT ₹52.43 Cr vs ₹61.57 Cr (▼14.85% YoY)
- EBITDA Margin 23.55% vs 21.95% (▲160bps)
- The 49th Annual General Meeting (AGM) will be held on September 28, 2026.
Governance
Neutral
2026-08-05 22:09
- Notice of meetings for Equity Shareholders and Unsecured Creditors of Marathon Nextgen Realty Limited on September 7, 2026, to approve a Composite Scheme of Amalgamation and Arrangement. Meetings will be held via video conferencing, as directed by NCLT.
Governance
Neutral
2026-08-05 22:02
- Meetings of Equity Shareholders and Unsecured Creditors to be held on September 7, 2026, via Video Conferencing/OAVM.
- The meetings are for approving a Composite Scheme of Amalgamation and Arrangement involving Marathon Nextgen Realty Limited and other entities.
- Convened pursuant to the NCLT order dated July 2, 2026.
Governance
Neutral
2026-08-05 21:54
- Meetings for Equity Shareholders and Unsecured Creditors on September 7, 2026.
- To approve a Composite Scheme of Amalgamation and Arrangement as per NCLT directions.
Business Update
Neutral
2026-08-05 20:49
- Concall Schedule
- Concall Date: August 10, 2026
- Concall Time: 12:30 p.m. IST
Business Update
Positive
2026-08-01 17:28
- Project Update: Marathon Nextgen Realty, through its subsidiary Sunset Spaces Private Limited, entered a Joint Development Agreement for a cluster redevelopment project in Sewri, Mumbai.
- Project Value: Estimated Gross Development Value (GDV) of approximately ₹450 crore for MNRL.
- Project Details: The development will comprise a high-rise residential tower with high-street retail spaces on a land parcel admeasuring approximately 7,500 square metres.
- Completion Timeline: The project will now progress through the planning and regulatory approval process; further disclosures on timelines will be made.
Routine
Neutral
2026-07-14 19:42
New Filing detected. See link for details.
Business Update
Positive
2026-07-03 11:13
- Order Win: Marathon Nextgen Realty Limited's subsidiary, Sunset Spaces Private Limited, secured a redevelopment project in Versova, Mumbai.
- Order Value: Estimated Gross Development Value / revenue potential of over ₹450 crore.
- Other Details: Project involves redevelopment of an existing residential society on approximately 1.5 acres, marking MNRL's foray into society redevelopment.
Routine
Neutral
2026-06-30 12:39
- Marathon Nextgen Realty Limited announced the closure of its trading window for designated persons/insiders.
- The window will be closed from July 1, 2026, until 48 hours after the declaration of Unaudited Financial Results for the quarter ended June 30, 2026.
- This is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
Business Update
Neutral
2026-06-24 18:52
- Investor/Analyst Meet Scheduled
- Meet Date: 30th June 2026
- Meet Time: 11:00 AM - 12:00 Noon
Governance
Negative
2026-06-10 18:10
CRITICAL RED FLAG DETECTED
- Mr. Deepak Ramkrishna, Assistant General Manager - Marketing and Senior Management Personnel, has resigned from Marathon Nextgen Realty Limited.
- His resignation is effective from June 12, 2026, to pursue new challenges and opportunities outside the company.