
About Marathon Group
Marathon Group is a publicly listed company based in Mumbai (India) founded in 1969. Real estate development is undertaken by Marathon Group in Mumbai. It operates on a Direct-to-Consumer (D2C) and B2B2C model. The company has 72 employees. Its chief executive, as recorded, is Mayur Shah. Its Indian entity Marathon Nextgen Realty Limited reported revenue of βΉ639 Cr. Marathon Group offers products and services including Residential Projects, Commercial Projects, and Affordable Housing. Its focus areas include Real Estate, Residential Development, Urban Housing and Commercial Development. Similar companies include J Kumar Infraprojects, NBCC and Om Metals.
Company details
Real estate projects are developed by Marathon Group across Mumbai, focusing on residential, commercial, and affordable housing solutions. Over 80 projects have been completed, providing homes to more than 10,000 families, retail spaces to 400 retailers, and office spaces to 350 businesses. Key areas of operation include high-growth regions like Lower Parel, Byculla, Panvel, Dombivli, and Mulund. Large-scale SRA projects and affordable housing initiatives are prioritized in Bhandup, while premium commercial spaces are developed in Mulund to meet emerging demands. Strategic land acquisitions and innovative mixed-use developments, such as mill land projects, are also emphasized.
- Headquarters Mumbai, India
- Employees 72
- Stage Public
- SectorsReal Estate & Construction
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website marathonnextgen.com
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Marathon Nextgen Realty Limited
- Market Cap₹2,684 Cr
MARATHON · NSE
- Share Price₹409.50
+2.92% today
- Revenue₹496 Cr
FY 2025-26 · -14.5% YoY
- EBITDA₹119 Cr
Margin 23.9%
- Net Profit₹79.18 Cr
FY 2025-26 · -33.7% YoY
- P/E (TTM)15.5x
P/B 1.1x
- ROE3.7%
ROCE 7.7%
- Debt / Equity0.19
Interest cover 10.9x
- Employee Count72
Associated legal entities of Marathon Group
Marathon Group operates through Marathon Nextgen Realty Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Marathon Nextgen Realty Limited Listed CIN L65990MH1978PLC020080 | Active | 13 Jan 1978 | Mumbai, Maharashtra | ₹639 Cr | 58 | 12 | View details |
Products & Services of Marathon Group
Marathon Group offers a comprehensive portfolio of products and services, including Residential Projects, Commercial Projects, and Affordable Housing.
Residential properties are developed for families in Mumbai.
Commercial spaces are provided for businesses in Mumbai.
Affordable homes are built within Mumbai city limits.
Apps and channels of Marathon Group
its YouTube channel Marathon Realty has 3.32K subscribers and 30 videos.
Videos from Marathon Group
The most watched videos on Marathon Group's YouTube channel, Marathon Realty (3.32K subscribers). Click a video to play it here.
More on Marathon Realty.
Board of directors of Marathon Nextgen Realty Limited (Marathon Group)
Marathon Nextgen Realty Limited is the primary company behind Marathon Group. The board of Marathon Nextgen Realty Limited currently have 10 directors; the longest-serving is Mayur Ramniklal Shah, appointed in 2003. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mayur Ramniklal Shah DIN 00135504 | Director | 31 Mar 2003 | 23 yrs 7 mo | Marathon Nextgen Realty Limited |
| Chetan Ramniklal Shah DIN 00135296 | Managing Director | 01 Jul 2010 | 16 yrs 4 mo | Marathon Nextgen Realty Limited |
| Shailaja Chetan Shah DIN 00215042 | Director | 25 Mar 2015 | 11 yrs 7 mo | Marathon Nextgen Realty Limited |
| Deepak Rameshchandra Shah DIN 06954206 | Director | 09 Feb 2017 | 9 yrs 9 mo | Marathon Nextgen Realty Limited |
| Atul Jayantilal Mehta DIN 08697102 | Director | 13 Feb 2020 | 6 yrs 8 mo | Marathon Nextgen Realty Limited |
| Parul Abhoy Shah DIN 02899386 | Director | 13 Feb 2020 | 6 yrs 8 mo | Marathon Nextgen Realty Limited |
| Ashwin Mohanlal Thakker DIN 00686966 | Director | 13 Nov 2020 | 5 yrs 11 mo | Marathon Nextgen Realty Limited |
| Kaivalya Chetan Shah DIN 03262973 | Whole-time director | 28 May 2024 | 2 yrs 5 mo | Marathon Nextgen Realty Limited |
| Samyag Mayur Shah DIN 06884897 | Whole-time director | 28 May 2024 | 2 yrs 5 mo | Marathon Nextgen Realty Limited |
| Devendra Jashwantrai Shrimanker DIN 00385083 | Director | 28 May 2024 | 2 yrs 5 mo | Marathon Nextgen Realty Limited |
People of Marathon Group
1 people are tracked at Marathon Group (1 in leadership); the tracked headcount is 72.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for Marathon Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Marathon Group
Marathon Group is a publicly listed company on the NSE with ticker symbol MARATHON in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date29 Sep 2016
- Listed onNSE: MARATHON
- Listed entityMarathon Nextgen Realty Limited
- Exchange sectorFinance
- ISININE182D01020
- Share price₹365.70 (+1.65% on the day) · 2026-10-14
- Market capitalisation₹2,431 Cr
- Price to earnings12.8
- EPS (diluted, trailing year)₹28.67
- Dividend yield0.28%
- Volume (last session)98,775
Financials of Marathon Group
Exchange-reported figures of Marathon Nextgen Realty Limited, the listed company behind Marathon Group (NSE: MARATHON).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 496 | 580 | 705 | 717 | 306 | 206 | 241 |
| Revenue growth | -14.5% | -17.7% | -1.7% | +134.1% | +48.9% | -14.8% | - |
| EBITDA | 119 | 173 | 233 | 239 | 74.39 | 63.73 | 64.34 |
| EBITDA margin | +24.0% | +29.8% | +33.1% | +33.4% | +24.3% | +31.0% | +26.7% |
| Profit before tax | 247 | 208 | 180 | 156 | 34.99 | 32.11 | 25.94 |
| Net profit | 79.18 | 119 | 166 | 126 | 38.50 | 15.24 | 24.07 |
| Net profit margin | +16.0% | +20.6% | +23.6% | +17.5% | +12.6% | +7.4% | +10.0% |
| EPS (βΉ) | 30.10 | 36.43 | 32.53 | 26.12 | 8.37 | 3.30 | 5.23 |
| Balance sheet | |||||||
| Total assets | 2,437 | 1,771 | 1,869 | 1,740 | 1,776 | 1,388 | 1,197 |
| Net worth | 2,275 | 1,187 | 1,005 | 785 | 649 | 861 | 593 |
| Total debt | 99.39 | 560 | 761 | 869 | 1,087 | 487 | 567 |
| Cash & bank | 135 | 91.59 | 93.11 | 104 | 62.57 | 82.73 | 50.33 |
| Net working capital | 1,043 | 766 | 746 | 612 | 629 | 639 | 297 |
| Cash flow | |||||||
| Cash from operations | (54.16) | (25.31) | 22.10 | 315 | 76.33 | (109) | 18.03 |
| Cash from investing | (292) | 298 | 112 | 26.74 | (375) | (2.64) | (71.09) |
| Cash from financing | 411 | (265) | (155) | (326) | 274 | 144 | 59.70 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 129 | 198 | 114 | 125 | 117 | 141 | 149 | 123 |
| Revenue growth (YoY) | +10.4% | +40.3% | -23.6% | +1.3% | -20.0% | -13.2% | - | - |
| Other income | 15.74 | 19.49 | 38.26 | 15.89 | 38.21 | 50.10 | 39.44 | 26.24 |
| EBITDA | 45.09 | 46.52 | 24.89 | 22.78 | 42.01 | 30.91 | 41.28 | 36.41 |
| EBITDA margin | +35.0% | +23.6% | +21.9% | +18.2% | +36.0% | +22.0% | +27.8% | +29.5% |
| Depreciation | 0.38 | 0.38 | 0.36 | 0.39 | 0.39 | 0.47 | 0.53 | 0.66 |
| Interest | 0.72 | 0.69 | 0.26 | 0.09 | 2.07 | 12.11 | 18.19 | 8.68 |
| Profit before tax | 59.73 | 64.94 | 62.53 | 38.19 | 77.76 | 68.43 | 62.00 | 53.31 |
| Tax | 18.07 | 15.85 | 18.18 | 10.46 | 14.03 | 15.85 | 13.83 | 10.95 |
| Net profit | 41.66 | 49.09 | 44.35 | 27.73 | 63.73 | 52.58 | 48.17 | 42.36 |
| EPS (βΉ) | 6.70 | 7.77 | 6.75 | 4.85 | 9.79 | 11.69 | 10.58 | 9.57 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 177 | 242 | 345 | 445 | 158 | 54.39 | 81.27 |
| Revenue growth | -26.9% | -29.8% | -22.6% | +181.4% | +190.9% | -33.1% | - |
| EBITDA | 68.10 | 93.16 | 175 | 194 | 65.05 | 46.51 | 53.27 |
| EBITDA margin | +38.5% | +38.5% | +50.7% | +43.6% | +41.1% | +85.5% | +65.6% |
| Profit before tax | 234 | 161 | 167 | 137 | 30.91 | 34.03 | 38.80 |
| Net profit | 171 | 136 | 136 | 110 | 21.64 | 28.49 | 34.39 |
| Net profit margin | +97.0% | +56.1% | +39.3% | +24.7% | +13.7% | +52.4% | +42.3% |
| EPS (βΉ) | 28.11 | 26.51 | 26.49 | 22.69 | 4.71 | 6.18 | 7.48 |
| Balance sheet | |||||||
| Total assets | 2,168 | 1,351 | 1,327 | 1,362 | 1,408 | 1,077 | 972 |
| Net worth | 2,163 | 1,088 | 957 | 803 | 684 | 660 | 631 |
| Total debt | 1.18 | 257 | 363 | 552 | 716 | 410 | 331 |
| Cash & bank | 61.85 | 17.66 | 28.30 | 19.20 | 10.60 | 0.71 | 0.69 |
| Net working capital | 262 | 458 | 337 | 388 | 423 | 463 | 208 |
| Cash flow | |||||||
| Cash from operations | 9.25 | 14.23 | 167 | 241 | 109 | (89.92) | 57.63 |
| Cash from investing | (601) | 138 | 44.10 | 13.84 | (355) | 58.77 | (16.32) |
| Cash from financing | 617 | (151) | (228) | (246) | 256 | 31.53 | (42.99) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 62.04 | 39.25 | 68.21 | 21.94 | 62.70 | 23.93 | 73.70 | 38.92 |
| Revenue growth (YoY) | -1.1% | +64.0% | -7.5% | -43.6% | +17.8% | -68.5% | - | - |
| Other income | 28.17 | 30.64 | 47.10 | 27.64 | 45.83 | 58.08 | 43.33 | 29.06 |
| Total expenses | 25.05 | 23.46 | 40.38 | 12.25 | 35.39 | 20.91 | 54.95 | 20.34 |
| EBITDA | 36.99 | 15.79 | 27.83 | 9.69 | 27.31 | 3.02 | 18.75 | 18.58 |
| EBITDA margin | +59.6% | +40.2% | +40.8% | +44.2% | +43.6% | +12.6% | +25.4% | +47.7% |
| Depreciation | 0.23 | 0.23 | 0.23 | 0.27 | 0.26 | 0.33 | 0.42 | 0.55 |
| Interest | 0.11 | 0.18 | 0.11 | 0.04 | 0.63 | 10.79 | 12.76 | 6.73 |
| Profit before tax | 64.82 | 46.02 | 74.59 | 37.02 | 72.25 | 49.98 | 48.90 | 40.36 |
| Tax | 17.02 | 9.40 | 15.31 | 9.16 | 11.74 | 8.09 | 7.92 | 5.51 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 129 | 198 | 114 | 125 | 117 | 141 | 149 | 123 |
| Revenue growth (YoY) | +10.4% | +40.3% | -23.6% | +1.3% | -20.0% | -13.2% | - | - |
| Other income | 15.74 | 19.49 | 38.26 | 15.89 | 38.21 | 50.10 | 39.44 | 26.24 |
| EBITDA | 45.09 | 46.52 | 24.89 | 22.78 | 42.01 | 30.91 | 41.28 | 36.41 |
| EBITDA margin | +35.0% | +23.6% | +21.9% | +18.2% | +36.0% | +22.0% | +27.8% | +29.5% |
| Depreciation | 0.38 | 0.38 | 0.36 | 0.39 | 0.39 | 0.47 | 0.53 | 0.66 |
| Interest | 0.72 | 0.69 | 0.26 | 0.09 | 2.07 | 12.11 | 18.19 | 8.68 |
| Profit before tax | 59.73 | 64.94 | 62.53 | 38.19 | 77.76 | 68.43 | 62.00 | 53.31 |
| Tax | 18.07 | 15.85 | 18.18 | 10.46 | 14.03 | 15.85 | 13.83 | 10.95 |
| Net profit | 41.66 | 49.09 | 44.35 | 27.73 | 63.73 | 52.58 | 48.17 | 42.36 |
| EPS (βΉ) | 6.70 | 7.77 | 6.75 | 4.85 | 9.79 | 11.69 | 10.58 | 9.57 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 496 | 580 | 705 | 717 | 306 | 206 | 241 |
| Revenue growth | -14.5% | -17.7% | -1.7% | +134.1% | +48.9% | -14.8% | - |
| Other income | 142 | 96.27 | 41.22 | 42.41 | 38.13 | 17.60 | 8.30 |
| Total expenses | 377 | 407 | 472 | 477 | 232 | 142 | 177 |
| Employee cost | 17.81 | 13.22 | 13.54 | 12.64 | 10.42 | 5.76 | 10.11 |
| EBITDA | 119 | 173 | 233 | 239 | 74.39 | 63.73 | 64.34 |
| EBITDA margin | +24.0% | +29.8% | +33.1% | +33.4% | +24.3% | +31.0% | +26.7% |
| Depreciation | 1.61 | 2.66 | 2.97 | 3.12 | 2.98 | 5.43 | 5.68 |
| Interest | 12.76 | 58.77 | 90.95 | 123 | 74.55 | 43.79 | 41.02 |
| Profit before tax | 247 | 208 | 180 | 156 | 34.99 | 32.11 | 25.94 |
| Tax | 58.53 | 45.42 | 46.43 | 43.29 | 11.43 | 8.93 | 5.36 |
| Net profit | 79.18 | 119 | 166 | 126 | 38.50 | 15.24 | 24.07 |
| Net profit margin | +16.0% | +20.6% | +23.6% | +17.5% | +12.6% | +7.4% | +10.0% |
| EPS (βΉ) | 30.10 | 36.43 | 32.53 | 26.12 | 8.37 | 3.30 | 5.23 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 33.71 | 25.60 | 25.59 | 23.16 | 23.00 | 275 | 23.00 |
| Reserves & surplus | 2,241 | 1,161 | 980 | 746 | 626 | 586 | 570 |
| Shareholders' funds (net worth) | 2,275 | 1,187 | 1,005 | 785 | 649 | 861 | 593 |
| Minority interest | 54.91 | 15.65 | 11.67 | 8.11 | 5.41 | 5.04 | 4.29 |
| Secured loans | 41.27 | 464 | 187 | 842 | 634 | 487 | 515 |
| Unsecured loans | 58.12 | 95.93 | 574 | 27.00 | 453 | 0.05 | 52.32 |
| Total debt | 99.39 | 560 | 761 | 869 | 1,087 | 487 | 567 |
| Total liabilities | 2,437 | 1,771 | 1,869 | 1,740 | 1,776 | 1,388 | 1,197 |
| Assets | |||||||
| Gross block | 191 | 262 | 313 | 306 | 299 | 297 | 302 |
| Net block | 173 | 237 | 286 | 283 | 286 | 287 | 294 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 399 | 110 | 80.61 | 48.86 | 271 | 13.36 | 26.35 |
| Inventories | 837 | 655 | 620 | 518 | 547 | 501 | 514 |
| Sundry debtors | 57.25 | 105 | 94.37 | 43.33 | 37.90 | 50.25 | 21.82 |
| Cash & bank balances | 135 | 91.59 | 93.11 | 104 | 62.57 | 82.73 | 50.33 |
| Loans & advances | 336 | 251 | 316 | 360 | 344 | 315 | 131 |
| Total current assets | 1,365 | 1,102 | 1,124 | 1,025 | 991 | 949 | 717 |
| Total current liabilities | 322 | 336 | 378 | 412 | 362 | 311 | 420 |
| Net working capital | 1,043 | 766 | 746 | 612 | 629 | 639 | 297 |
| Total assets | 2,437 | 1,771 | 1,869 | 1,740 | 1,776 | 1,388 | 1,197 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 18.14 | 10.35 | 30.98 | 15.80 | 41.32 | 9.20 | 2.57 |
| Net cash from operating activities | (54.16) | (25.31) | 22.10 | 315 | 76.33 | (109) | 18.03 |
| Net cash from investing activities | (292) | 298 | 112 | 26.74 | (375) | (2.64) | (71.09) |
| Net cash from financing activities | 411 | (265) | (155) | (326) | 274 | 144 | 59.70 |
| Net change in cash | 65.15 | 7.79 | (20.63) | 15.18 | (25.52) | 32.12 | 6.63 |
| Closing cash | 135 | 91.59 | 93.11 | 104 | 62.57 | 82.73 | 50.33 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -14.5% | -17.7% | -1.7% | +134.1% | +48.9% | -14.8% | - |
| EBITDA growth | -31.3% | -25.7% | -2.7% | +221.7% | +16.7% | -1.0% | - |
| PBT growth | +18.8% | +15.4% | +15.4% | +346.1% | +9.0% | +23.8% | -12.9% |
| Net income growth | -33.7% | -28.2% | +32.6% | +226.1% | +152.6% | -36.7% | - |
| Revenue CAGR (3Y) | -11.5% | +23.8% | +50.8% | +43.8% | +55.0% | +43.7% | +7.7% |
| EBITDA CAGR (3Y) | -20.8% | +32.5% | +54.0% | +55.0% | +12.6% | +13.8% | +4.2% |
| Profitability & leverage | |||||||
| Net income margin | +38.0% | +28.0% | +19.0% | +15.7% | +7.7% | +11.3% | +8.5% |
| Return on capital employed | +7.7% | +11.7% | +15.1% | +15.9% | +7.0% | +5.9% | +6.0% |
| Return on net worth | +3.7% | +8.7% | +15.0% | +15.7% | +3.8% | +3.9% | +3.4% |
| Debt / equity | 0.19 | 0.60 | 0.92 | 1.36 | 1.04 | 0.72 | 0.83 |
| Long-term debt / equity | 0.18 | 0.56 | 0.83 | 1.17 | 0.86 | 0.58 | 0.66 |
| Interest cover | 10.89 | 34.49 | 39.56 | 51.87 | 104.40 | 75.11 | 69.93 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.19 | 2.02 | 2.28 | 2.37 | 1.03 | 0.69 | 0.91 |
| Inventory turnover | 0.66 | 0.91 | 1.24 | 1.35 | 0.58 | 0.41 | 0.47 |
| Debtors turnover | 6.12 | 5.83 | 10.23 | 17.64 | 6.94 | 5.70 | 17.65 |
| EPS (βΉ) | 30.10 | 36.43 | 32.53 | 26.12 | 8.37 | 3.30 | 5.23 |
| Dividend per share (βΉ) | 1.00 | 1.00 | 1.00 | 1.00 | 0.50 | 0.00 | 0.00 |
| Book value per share (βΉ) | 337.41 | 231.79 | 196.42 | 166.00 | 141.17 | 132.41 | 128.97 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 62.04 | 39.25 | 68.21 | 21.94 | 62.70 | 23.93 | 73.70 | 38.92 |
| Revenue growth (YoY) | -1.1% | +64.0% | -7.5% | -43.6% | +17.8% | -68.5% | - | - |
| Other income | 28.17 | 30.64 | 47.10 | 27.64 | 45.83 | 58.08 | 43.33 | 29.06 |
| Total expenses | 25.05 | 23.46 | 40.38 | 12.25 | 35.39 | 20.91 | 54.95 | 20.34 |
| EBITDA | 36.99 | 15.79 | 27.83 | 9.69 | 27.31 | 3.02 | 18.75 | 18.58 |
| EBITDA margin | +59.6% | +40.2% | +40.8% | +44.2% | +43.6% | +12.6% | +25.4% | +47.7% |
| Depreciation | 0.23 | 0.23 | 0.23 | 0.27 | 0.26 | 0.33 | 0.42 | 0.55 |
| Interest | 0.11 | 0.18 | 0.11 | 0.04 | 0.63 | 10.79 | 12.76 | 6.73 |
| Profit before tax | 64.82 | 46.02 | 74.59 | 37.02 | 72.25 | 49.98 | 48.90 | 40.36 |
| Tax | 17.02 | 9.40 | 15.31 | 9.16 | 11.74 | 8.09 | 7.92 | 5.51 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 177 | 242 | 345 | 445 | 158 | 54.39 | 81.27 |
| Revenue growth | -26.9% | -29.8% | -22.6% | +181.4% | +190.9% | -33.1% | - |
| Other income | 179 | 110 | 65.19 | 42.62 | 18.93 | 23.07 | 18.76 |
| Total expenses | 109 | 149 | 170 | 251 | 93.17 | 7.88 | 28.00 |
| Employee cost | 9.55 | 7.64 | 8.60 | 7.33 | 5.50 | 2.64 | 5.20 |
| EBITDA | 68.10 | 93.16 | 175 | 194 | 65.05 | 46.51 | 53.27 |
| EBITDA margin | +38.5% | +38.5% | +50.7% | +43.6% | +41.1% | +85.5% | +65.6% |
| Depreciation | 1.10 | 2.23 | 2.62 | 2.71 | 2.63 | 5.00 | 4.56 |
| Interest | 11.82 | 39.50 | 70.23 | 96.74 | 50.44 | 30.55 | 28.67 |
| Profit before tax | 234 | 161 | 167 | 137 | 30.91 | 34.03 | 38.80 |
| Tax | 44.30 | 25.57 | 31.73 | 32.29 | 9.27 | 5.60 | 4.41 |
| Net profit | 171 | 136 | 136 | 110 | 21.64 | 28.49 | 34.39 |
| Net profit margin | +97.0% | +56.1% | +39.3% | +24.7% | +13.7% | +52.4% | +42.3% |
| EPS (βΉ) | 28.11 | 26.51 | 26.49 | 22.69 | 4.71 | 6.18 | 7.48 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 33.71 | 25.60 | 25.59 | 23.16 | 23.00 | 23.00 | 23.00 |
| Reserves & surplus | 2,129 | 1,062 | 931 | 764 | 660 | 637 | 608 |
| Shareholders' funds (net worth) | 2,163 | 1,088 | 957 | 803 | 684 | 660 | 631 |
| Secured loans | 1.18 | 257 | 363 | 472 | 716 | 410 | 328 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 79.93 | 0.00 | 0.00 | 2.58 |
| Total debt | 1.18 | 257 | 363 | 552 | 716 | 410 | 331 |
| Total liabilities | 2,168 | 1,351 | 1,327 | 1,362 | 1,408 | 1,077 | 972 |
| Assets | |||||||
| Gross block | 34.49 | 111 | 165 | 154 | 156 | 159 | 164 |
| Net block | 29.15 | 98.31 | 149 | 150 | 153 | 155 | 161 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 759 | 338 | 309 | 234 | 452 | 222 | 223 |
| Inventories | 200 | 194 | 212 | 190 | 256 | 281 | 248 |
| Sundry debtors | 25.28 | 35.10 | 19.48 | 23.41 | 9.20 | 7.59 | 2.78 |
| Cash & bank balances | 61.85 | 17.66 | 28.30 | 19.20 | 10.60 | 0.71 | 0.69 |
| Loans & advances | 15.02 | 257 | 171 | 222 | 218 | 217 | 78.64 |
| Total current assets | 302 | 503 | 431 | 455 | 493 | 507 | 330 |
| Total current liabilities | 39.85 | 45.25 | 94.05 | 67.08 | 69.68 | 43.70 | 121 |
| Net working capital | 262 | 458 | 337 | 388 | 423 | 463 | 208 |
| Total assets | 2,168 | 1,351 | 1,327 | 1,362 | 1,408 | 1,077 | 972 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3.05 | 2.15 | 18.77 | 10.14 | (0.07) | (0.44) | 1.25 |
| Net cash from operating activities | 9.25 | 14.23 | 167 | 241 | 109 | (89.92) | 57.63 |
| Net cash from investing activities | (601) | 138 | 44.10 | 13.84 | (355) | 58.77 | (16.32) |
| Net cash from financing activities | 617 | (151) | (228) | (246) | 256 | 31.53 | (42.99) |
| Net change in cash | 25.80 | 0.90 | (16.62) | 8.63 | 10.20 | 0.37 | (1.68) |
| Closing cash | 61.85 | 17.66 | 28.30 | 19.20 | 10.60 | 0.71 | 0.69 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -26.9% | -29.8% | -22.6% | +181.4% | +190.9% | -33.1% | - |
| EBITDA growth | -26.9% | -46.8% | -9.9% | +198.6% | +39.9% | -12.7% | - |
| PBT growth | +45.0% | -3.6% | +21.8% | +344.5% | -9.2% | -12.3% | -3.2% |
| Net income growth | +26.3% | +0.1% | +23.4% | +407.9% | -24.0% | -17.2% | - |
| Revenue CAGR (3Y) | -26.5% | +15.2% | +85.1% | +76.3% | +25.1% | -7.8% | -25.1% |
| EBITDA CAGR (3Y) | -29.5% | +12.7% | +55.5% | +53.9% | +7.7% | +2.5% | -2.1% |
| Profitability & leverage | |||||||
| Net income margin | +107.2% | +56.1% | +39.3% | +23.6% | +13.7% | +52.3% | +42.3% |
| Return on capital employed | +14.0% | +14.9% | +17.5% | +16.9% | +6.6% | +6.3% | +7.2% |
| Return on net worth | +11.7% | +13.1% | +15.2% | +14.1% | +3.2% | +4.4% | +5.6% |
| Debt / equity | 0.08 | 0.30 | 0.51 | 0.85 | 0.84 | 0.57 | 0.52 |
| Long-term debt / equity | 0.05 | 0.25 | 0.50 | 0.83 | 0.80 | 0.53 | 0.48 |
| Interest cover | 17.64 | 43.44 | 40.75 | 50.52 | 80.81 | 73.60 | 58.86 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.43 | 1.76 | 2.16 | 2.87 | 1.00 | 0.34 | 0.58 |
| Inventory turnover | 0.90 | 1.19 | 1.72 | 2.00 | 0.59 | 0.21 | 0.31 |
| Debtors turnover | 5.86 | 8.87 | 16.08 | 27.31 | 18.85 | 10.49 | 43.58 |
| EPS (βΉ) | 28.11 | 26.51 | 26.49 | 22.69 | 4.71 | 6.18 | 7.48 |
| Dividend per share (βΉ) | 1.00 | 1.00 | 1.00 | 1.00 | 0.50 | 0.00 | 0.00 |
| Book value per share (βΉ) | 320.80 | 212.46 | 186.99 | 169.95 | 148.59 | 143.47 | 137.19 |
Similar companies to Marathon Group
Marathon Group has 3 listed similar companies in our database. They include J Kumar Infraprojects, NBCC and Om Metals.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jkumar.com | 1980 | Mumbai, India | 7,326 | Infrastructure projects in roads and railways sectors are developed. | ||
| nbccindia.in | 1960 | Delhi, India | 1,362 | Provider of construction and infrastructure development services under the Indian ministry of housing | ||
| ommetals.com | 1971 | Delhi, India | 1 | Real estate and infrastructure developer |
Detailed similar companies of Marathon Group
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Web traffic of Marathon Group
Websites that share an audience with Marathon Group (marathonnextgen.com).
Websites whose visitors overlap most with Marathon Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| marathonrealty.com | 100% | #13,345,518 | View details |
Top companies in Real Estate Developers & Builders
3 companies that operate in the same segment as Marathon Group (Real Estate Developers & Builders) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of luxury residential properties | 1992 | Mumbai, Maharashtra, India | USD 158.42 M | USD 55.39 M | 1,046 | |
Residential and commercial properties are developed by Godrej Properties. | 1990 | Mumbai, Maharashtra, India | USD 546.88 M | 6,030 | ||
Premium residential building development services are provided. | 1980 | Mumbai, Maharashtra, India | USD 152.4 M | USD 658.36 M | 1,322 |
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Frequently Asked Questions about Marathon Group
Marathon Group was founded in 1969.
Marathon Group is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mayur Shah is the CEO of Marathon Group, as recorded in our data.
Marathon Group has 72 employees.
The primary company behind Marathon Group, Marathon Nextgen Realty Limited, reported revenue of βΉ639 Cr for FY 2026, down 14% year on year.
Real estate projects are developed by Marathon Group across Mumbai, focusing on residential, commercial, and affordable housing solutions. Over 80 projects have been completed, providing homes to more than 10,000 families, retail spaces to 400 retailers, and office spaces to 350 businesses. Key areas of operation include high-growth regions like Lower Parel, Byculla, Panvel, Dombivli, and Mulund. Large-scale SRA projects and affordable housing initiatives are prioritized in Bhandup, while premium commercial spaces are developed in Mulund to meet emerging demands. Strategic land acquisitions and innovative mixed-use developments, such as mill land projects, are also emphasized.
Marathon Group's top competitors include J Kumar Infraprojects, NBCC and Om Metals.
Marathon Group offers Residential Projects, Commercial Projects, and Affordable Housing.
Yes, Marathon Group is publicly traded on NSE under the ticker symbol MARATHON.
Marathon Group operates through Marathon Nextgen Realty Limited.
The legal entities of Marathon Group currently have 12 directors, including Kaivalya Chetan Shah, Samyag Mayur Shah, Mayur Ramniklal Shah and others.
