MARATHON
Marathon Nextgen Realty Limited
NSE BSELast Traded Price
₹396.2
-3.8 (-0.95%)
Open
₹396.95
High
₹405.15
Low
₹393.2
Prev Close
₹400
Industry
Residential Commercial Projects
Market Cap
2683.62 Cr
Filing History
Recent corporate announcements and filings for MARATHON
Routine
Neutral
2026-11-04 17:26
- Marathon Nextgen Realty Limited informed the exchanges about the audio recording of the conference call held with analysts and investors on November 4, 2026.
- The audio recording has been made available on the company website.
Business Update
Positive
2026-11-04 17:07
- Q2 FY27 Total Income stood at ₹145 Cr, EBITDA at ₹61 Cr, and PAT at ₹45 Cr.
- Pre-sales reached ₹154 Cr with collections at ₹127 Cr.
- Acquired remaining 60% stake in Monte South project for ₹335 Cr to reach 100% ownership.
- Added two redevelopment projects with ₹900+ Cr combined GDV.
Governance
Neutral
2026-11-03 12:45
- Marathon Nextgen Realty Limited issued a Notice of Postal Ballot dated October 31, 2026, to seek approval from members for material related party transactions.
- The company proposes to make investments, provide loans, and/or provide guarantees/securing loans up to an aggregate amount of ₹1,000 crore to Swayam Realtors and Traders LLP, a joint venture.
- Remote e-voting commences on November 4, 2026 (9:00 a.m.) and ends on December 3, 2026 (5:00 p.m.).
- The cut-off date for determining eligible members for voting is October 30, 2026, and results will be declared by December 5, 2026.
Business Update
Neutral
2026-10-31 20:06
Concall Schedule
Concall Date: 4th November 2026
Concall Time: 01:15 PM IST
Business Update
Positive
2026-10-31 19:50
Marathon Nextgen Realty Board approved the acquisition of Adani Group's 60% stake in Monte South for approximately ₹335 crore.
Post-acquisition, Marathon's stake will increase from 40% to 100%, granting sole ownership and control of the Byculla, Mumbai project.
The landmark mixed-use development comprises four 64-storey residential towers and a commercial tower representing about 25 lakh sq. ft.
Business Update
Positive
2026-10-31 14:48
- Marathon Nextgen Realty Limited approved the acquisition of an additional 60% stake in Swayam Realtors and Traders LLP (SRTL), a joint venture, to gain full economic interest in the Monte South Project, Byculla.
- Cost of acquisition is up to ₹135 crores in cash plus a bank guarantee of ₹200 crores, totaling up to ₹335 crores.
- The acquisition is expected to be completed within two months from the time of requisite approvals.
- SRTL's turnover for FY 2025-26 was ₹374.46 crores, FY 2024-25 was ₹433.08 crores, and FY 2023-24 was ₹680.07 crores.
Business Update
Neutral
2026-10-27 19:22
- Marathon Nextgen Realty Limited has informed the exchanges about the postponement of its Earnings Conference Call for Q2 & H1 FY27.
- The call was originally scheduled for Wednesday, October 28, 2026, at 12:30 PM IST.
- Revised schedule for the conference call will be intimated in due course.
Business Update
Positive
2026-10-22 19:17
- Q2 FY27 Total Revenues stood at ₹145 Cr, EBITDA at ₹61 Cr, and PAT at ₹45 Cr.
- Pre-sales reached ₹154 Cr (up 79% QoQ) with collections at ₹127 Cr.
- Company maintained a net debt-free balance sheet with a positive net cash position.
- Added two redevelopment projects in Mumbai with an estimated GDV of ₹900 Cr.
Business Update
Neutral
2026-10-22 18:24
Concall Schedule
Concall Date: 28th October 2026
Concall Time: 12:30 PM IST
Financials
Neutral
2026-10-21 20:53
Q2 FY27 Consolidated Revenue ₹128.95Cr vs ₹116.85Cr (▲10% YoY)
EBITDA ₹45.09Cr vs ₹42.02Cr (▲7% YoY)
PAT ₹45.19Cr vs ₹66.54Cr (▼32% YoY)
EBITDA Margin 35% vs 36% (▼100bps)
Business Update
Neutral
2026-10-19 21:57
Concall Schedule
Concall Date: October 23, 2026
Concall Time: 10:30 AM IST
Governance
Neutral
2026-09-30 18:18
- Marathon Nextgen Realty Limited has informed the exchanges about the name change of its wholly-owned subsidiary.
- The name of 'Kanchi Rehab Private Limited' has been changed to 'Marathon Habitat Private Limited'.
- The name change has been approved by the Registrar of Companies with effect from September 30, 2026.
Business Update
Neutral
2026-09-24 18:17
Concall Schedule
Concall Date: 30th September 2026
Concall Time: 9:00 AM to 10:00 AM
Business Update
Neutral
2026-09-11 18:13
- Concall Schedule
- Concall Date: September 17, 2026
- Concall Time: 3:00 pm
Governance
Positive
2026-09-08 20:12
- Marathon Nextgen Realty Limited disclosed voting results for the NCLT convened meeting held on September 7, 2026. This meeting was for the approval of a Composite Scheme of Amalgamation and Arrangement. The resolution was passed by the requisite majority of Equity Shareholders and Unsecured Creditors, with 99.81% votes in favour.
Governance
Positive
2026-09-08 20:12
- Marathon Nextgen Realty Limited announced that the Composite Scheme of Amalgamation and Arrangement was approved with requisite majority at the NCLT Convened Meeting on September 7, 2026.
- Overall, 99.81% of votes cast were in favour of the resolution.
Governance
Neutral
2026-09-07 18:53
- Meetings of Equity Shareholders and Unsecured Creditors were held on September 7, 2026.
- The meetings approved a Composite Scheme of Amalgamation and Arrangement involving Marathon Nextgen Realty Limited and other entities.
- Voting results will be submitted to NCLT and stock exchanges.
Business Update
Neutral
2026-09-07 18:53
- Marathon Nextgen Realty Limited held meetings of its Equity Shareholders and Unsecured Creditors on September 7, 2026.
- The meetings were convened pursuant to an NCLT order to approve a Composite Scheme of Amalgamation and Arrangement involving Marathon Nextgen Realty and several other group entities.
- The proceedings of these meetings, including the details of the resolution to approve the scheme, were reported. Voting results will be submitted separately.
Business Update
Neutral
2026-09-04 23:57
- Submission of Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26.
- Filed as per SEBI (LODR) Regulations, 2015, detailing ESG initiatives, governance, employee well-being, and sustainability practices.
- No grievances or regulatory actions related to corruption or conflicts of interest were reported for FY 2025-26.
Financials
Positive
2026-09-04 23:50
- Marathon Nextgen Realty Limited has set Friday, September 18, 2026, as the Record Date for the payment of Final Dividend of Re. 1/- per equity share (20%) for FY 2025-26.
- The dividend will be paid on or after September 28, 2026, subject to shareholder approval at the AGM.
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.