Marathon Nextgen Realty Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L65990MH1978PLC020080 Incorporated 13 January 1978 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: MARATHON · BSE: 503101 Public Limited Company real estate and construction
Data last updated
Market Cap
₹2,698 Cr
MARATHON · NSE
Share Price
₹397.90
-0.53% 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)
15.6x
P/B 1.1x
ROE
3.7%
ROCE 7.7%
Debt / Equity
0.19
Interest cover 10.9x

About Marathon Nextgen Realty Limited

Data last updated:

Marathon Nextgen Realty Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Marathon Realty Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 January 1978 and has been in existence for over 48 years.

Its director Chetan Ramniklal Shah and family are #1,608 among India's richest people (2026). Its director Mayur Ramniklal Shah and family are #1,608 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65990MH1978PLC020080. Its GSTIN is 27AAACP8032E1ZN (Maharashtra). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 503101 and NSE: MARATHON.

The company has an authorised share capital of ₹74 Cr and a paid-up capital of ₹33.71 Cr. It was formerly known as Piramal Spinning & Weaving Mills Limited and Marathon Nextgen Realty & Textiles Limited. It is led by directors including Chetan Ramniklal Shah (Managing Director) and Kaivalya Chetan Shah (Whole-Time Director).

Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Marathon Futurex N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹496.12 Cr, a decline of 14.5% compared to the previous year. For the same year it recorded a net profit of ₹79.18 Cr (net margin 16%) and EBITDA of ₹118.83 Cr (EBITDA margin 24%). The net worth stands at ₹2,274.84 Cr (up 91.7% YoY). Total assets are valued at ₹2,436.85 Cr (up 37.6% YoY).

The company has about 58 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries and 1 joint venture.

The company is associated with 1 brand: Marathon Group. As per MCA filings, the company has open charges of ₹575.38 Cr and satisfied charges of ₹5,367.68 Cr on record. Court records list 37 cases involving the company, including 12 filed by the company and 25 filed against it; 11 cases are pending. The company has 22 deals on record (20 market trades, 1 qip, 1 debt financing), with disclosed funding of ₹450 Cr; the latest was in August 2025. The company has 13 MSME Form 1 returns on record between 2018 and 2024, listing 271 overdue payments to 59 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marathonnextgen.com.

Company details

CIN L65990MH1978PLC020080
Registration Number 020080
Incorporation Date 13 January 1978
ROC Mumbai
Listing Status Listed - Listed on NSE (MARATHON); Listed on BSE (503101)
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2026
Parent Company Marathon Realty Private Limited
Compliance Status Active Compliant

Name history

Marathon Nextgen Realty has undergone 4 name changes throughout its history. The current legal name is Marathon Nextgen Realty Limited.

Company NameStatus
Marathon Nextgen Realty LimitedCurrent
Piramal Spinning & Weaving Mills LimitedPrevious
Marathon Nextgen Realty & Textiles LimitedPrevious
Marathon Nexthen Realty And Textiles LimitedPrevious
Mahadevi Investment Company LimitedPrevious

Recognitions & Rankings of Marathon Nextgen Realty

Contact details

Marathon Nextgen Realty Limited's registered office is in Mumbai, Maharashtra. Its website is marathonnextgen.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Marathon Futurex N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Marathon Nextgen Realty Limited, buy the company report.

Comprehensive company report
Marathon Nextgen Realty Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Marathon Nextgen Realty operates one associated brand: Marathon Group. Each brand links to its own profile.

BrandDescriptionWebsite
Real estate development is undertaken by Marathon Group in Mumbai.marathonnextgen.com

Business activity

The main business activity of Marathon Nextgen Realty is real estate activities. In detail, this covers real estate activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal estate activities68Real estate activities

To see the full business activity and turnover split of Marathon Nextgen Realty Limited, buy the company report.

Financials of Marathon Nextgen Realty Limited

FY 2025-26 filings available

Marathon Nextgen Realty Limited reported revenue of ₹496.12 Cr (down 14.5% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹496 Cr
-14.5% YoY
EBITDA
₹119 Cr
-31.3% YoY
Profit After Tax
₹79.18 Cr
-33.7% YoY
Net Worth
₹2,275 Cr
+91.7% YoY
Total Assets
₹2,437 Cr
+37.6% YoY
Total Debt
₹99.39 Cr
-82.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue496580705717306206241
Revenue growth-14.5%-17.7%-1.7%+134.1%+48.9%-14.8%-
EBITDA11917323323974.3963.7364.34
EBITDA margin+24.0%+29.8%+33.1%+33.4%+24.3%+31.0%+26.7%
Profit before tax24720818015634.9932.1125.94
Net profit79.1811916612638.5015.2424.07
Net profit margin+16.0%+20.6%+23.6%+17.5%+12.6%+7.4%+10.0%
EPS (₹)30.1036.4332.5326.128.373.305.23
Balance sheet
Total assets2,4371,7711,8691,7401,7761,3881,197
Net worth2,2751,1871,005785649861593
Total debt99.395607618691,087487567
Cash & bank13591.5993.1110462.5782.7350.33
Net working capital1,043766746612629639297
Cash flow
Cash from operations(54.16)(25.31)22.1031576.33(109)18.03
Cash from investing(292)29811226.74(375)(2.64)(71.09)
Cash from financing411(265)(155)(326)27414459.70
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue129198114125117141149123
Revenue growth (YoY)+10.4%+40.3%-23.6%+1.3%-20.0%-13.2%--
Other income15.7419.4938.2615.8938.2150.1039.4426.24
EBITDA45.0946.5224.8922.7842.0130.9141.2836.41
EBITDA margin+35.0%+23.6%+21.9%+18.2%+36.0%+22.0%+27.8%+29.5%
Depreciation0.380.380.360.390.390.470.530.66
Interest0.720.690.260.092.0712.1118.198.68
Profit before tax59.7364.9462.5338.1977.7668.4362.0053.31
Tax18.0715.8518.1810.4614.0315.8513.8310.95
Net profit41.6649.0944.3527.7363.7352.5848.1742.36
EPS (₹)6.707.776.754.859.7911.6910.589.57
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue17724234544515854.3981.27
Revenue growth-26.9%-29.8%-22.6%+181.4%+190.9%-33.1%-
EBITDA68.1093.1617519465.0546.5153.27
EBITDA margin+38.5%+38.5%+50.7%+43.6%+41.1%+85.5%+65.6%
Profit before tax23416116713730.9134.0338.80
Net profit17113613611021.6428.4934.39
Net profit margin+97.0%+56.1%+39.3%+24.7%+13.7%+52.4%+42.3%
EPS (₹)28.1126.5126.4922.694.716.187.48
Balance sheet
Total assets2,1681,3511,3271,3621,4081,077972
Net worth2,1631,088957803684660631
Total debt1.18257363552716410331
Cash & bank61.8517.6628.3019.2010.600.710.69
Net working capital262458337388423463208
Cash flow
Cash from operations9.2514.23167241109(89.92)57.63
Cash from investing(601)13844.1013.84(355)58.77(16.32)
Cash from financing617(151)(228)(246)25631.53(42.99)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue62.0439.2568.2121.9462.7023.9373.7038.92
Revenue growth (YoY)-1.1%+64.0%-7.5%-43.6%+17.8%-68.5%--
Other income28.1730.6447.1027.6445.8358.0843.3329.06
Total expenses25.0523.4640.3812.2535.3920.9154.9520.34
EBITDA36.9915.7927.839.6927.313.0218.7518.58
EBITDA margin+59.6%+40.2%+40.8%+44.2%+43.6%+12.6%+25.4%+47.7%
Depreciation0.230.230.230.270.260.330.420.55
Interest0.110.180.110.040.6310.7912.766.73
Profit before tax64.8246.0274.5937.0272.2549.9848.9040.36
Tax17.029.4015.319.1611.748.097.925.51

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue129198114125117141149123
Revenue growth (YoY)+10.4%+40.3%-23.6%+1.3%-20.0%-13.2%--
Other income15.7419.4938.2615.8938.2150.1039.4426.24
EBITDA45.0946.5224.8922.7842.0130.9141.2836.41
EBITDA margin+35.0%+23.6%+21.9%+18.2%+36.0%+22.0%+27.8%+29.5%
Depreciation0.380.380.360.390.390.470.530.66
Interest0.720.690.260.092.0712.1118.198.68
Profit before tax59.7364.9462.5338.1977.7668.4362.0053.31
Tax18.0715.8518.1810.4614.0315.8513.8310.95
Net profit41.6649.0944.3527.7363.7352.5848.1742.36
EPS (₹)6.707.776.754.859.7911.6910.589.57
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue496580705717306206241
Revenue growth-14.5%-17.7%-1.7%+134.1%+48.9%-14.8%-
Other income14296.2741.2242.4138.1317.608.30
Total expenses377407472477232142177
Employee cost17.8113.2213.5412.6410.425.7610.11
EBITDA11917323323974.3963.7364.34
EBITDA margin+24.0%+29.8%+33.1%+33.4%+24.3%+31.0%+26.7%
Depreciation1.612.662.973.122.985.435.68
Interest12.7658.7790.9512374.5543.7941.02
Profit before tax24720818015634.9932.1125.94
Tax58.5345.4246.4343.2911.438.935.36
Net profit79.1811916612638.5015.2424.07
Net profit margin+16.0%+20.6%+23.6%+17.5%+12.6%+7.4%+10.0%
EPS (₹)30.1036.4332.5326.128.373.305.23
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital33.7125.6025.5923.1623.0027523.00
Reserves & surplus2,2411,161980746626586570
Shareholders' funds (net worth)2,2751,1871,005785649861593
Minority interest54.9115.6511.678.115.415.044.29
Secured loans41.27464187842634487515
Unsecured loans58.1295.9357427.004530.0552.32
Total debt99.395607618691,087487567
Total liabilities2,4371,7711,8691,7401,7761,3881,197
Assets
Gross block191262313306299297302
Net block173237286283286287294
Capital work in progress0.000.000.000.000.000.000.00
Investments39911080.6148.8627113.3626.35
Inventories837655620518547501514
Sundry debtors57.2510594.3743.3337.9050.2521.82
Cash & bank balances13591.5993.1110462.5782.7350.33
Loans & advances336251316360344315131
Total current assets1,3651,1021,1241,025991949717
Total current liabilities322336378412362311420
Net working capital1,043766746612629639297
Total assets2,4371,7711,8691,7401,7761,3881,197
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash18.1410.3530.9815.8041.329.202.57
Net cash from operating activities(54.16)(25.31)22.1031576.33(109)18.03
Net cash from investing activities(292)29811226.74(375)(2.64)(71.09)
Net cash from financing activities411(265)(155)(326)27414459.70
Net change in cash65.157.79(20.63)15.18(25.52)32.126.63
Closing cash13591.5993.1110462.5782.7350.33
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.190.600.921.361.040.720.83
Long-term debt / equity0.180.560.831.170.860.580.66
Interest cover10.8934.4939.5651.87104.4075.1169.93
Efficiency & per share
Fixed asset turnover2.192.022.282.371.030.690.91
Inventory turnover0.660.911.241.350.580.410.47
Debtors turnover6.125.8310.2317.646.945.7017.65
EPS (₹)30.1036.4332.5326.128.373.305.23
Dividend per share (₹)1.001.001.001.000.500.000.00
Book value per share (₹)337.41231.79196.42166.00141.17132.41128.97
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue62.0439.2568.2121.9462.7023.9373.7038.92
Revenue growth (YoY)-1.1%+64.0%-7.5%-43.6%+17.8%-68.5%--
Other income28.1730.6447.1027.6445.8358.0843.3329.06
Total expenses25.0523.4640.3812.2535.3920.9154.9520.34
EBITDA36.9915.7927.839.6927.313.0218.7518.58
EBITDA margin+59.6%+40.2%+40.8%+44.2%+43.6%+12.6%+25.4%+47.7%
Depreciation0.230.230.230.270.260.330.420.55
Interest0.110.180.110.040.6310.7912.766.73
Profit before tax64.8246.0274.5937.0272.2549.9848.9040.36
Tax17.029.4015.319.1611.748.097.925.51
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue17724234544515854.3981.27
Revenue growth-26.9%-29.8%-22.6%+181.4%+190.9%-33.1%-
Other income17911065.1942.6218.9323.0718.76
Total expenses10914917025193.177.8828.00
Employee cost9.557.648.607.335.502.645.20
EBITDA68.1093.1617519465.0546.5153.27
EBITDA margin+38.5%+38.5%+50.7%+43.6%+41.1%+85.5%+65.6%
Depreciation1.102.232.622.712.635.004.56
Interest11.8239.5070.2396.7450.4430.5528.67
Profit before tax23416116713730.9134.0338.80
Tax44.3025.5731.7332.299.275.604.41
Net profit17113613611021.6428.4934.39
Net profit margin+97.0%+56.1%+39.3%+24.7%+13.7%+52.4%+42.3%
EPS (₹)28.1126.5126.4922.694.716.187.48
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital33.7125.6025.5923.1623.0023.0023.00
Reserves & surplus2,1291,062931764660637608
Shareholders' funds (net worth)2,1631,088957803684660631
Secured loans1.18257363472716410328
Unsecured loans0.000.000.0079.930.000.002.58
Total debt1.18257363552716410331
Total liabilities2,1681,3511,3271,3621,4081,077972
Assets
Gross block34.49111165154156159164
Net block29.1598.31149150153155161
Capital work in progress0.000.000.000.000.000.000.00
Investments759338309234452222223
Inventories200194212190256281248
Sundry debtors25.2835.1019.4823.419.207.592.78
Cash & bank balances61.8517.6628.3019.2010.600.710.69
Loans & advances15.0225717122221821778.64
Total current assets302503431455493507330
Total current liabilities39.8545.2594.0567.0869.6843.70121
Net working capital262458337388423463208
Total assets2,1681,3511,3271,3621,4081,077972
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.052.1518.7710.14(0.07)(0.44)1.25
Net cash from operating activities9.2514.23167241109(89.92)57.63
Net cash from investing activities(601)13844.1013.84(355)58.77(16.32)
Net cash from financing activities617(151)(228)(246)25631.53(42.99)
Net change in cash25.800.90(16.62)8.6310.200.37(1.68)
Closing cash61.8517.6628.3019.2010.600.710.69
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.080.300.510.850.840.570.52
Long-term debt / equity0.050.250.500.830.800.530.48
Interest cover17.6443.4440.7550.5280.8173.6058.86
Efficiency & per share
Fixed asset turnover2.431.762.162.871.000.340.58
Inventory turnover0.901.191.722.000.590.210.31
Debtors turnover5.868.8716.0827.3118.8510.4943.58
EPS (₹)28.1126.5126.4922.694.716.187.48
Dividend per share (₹)1.001.001.001.000.500.000.00
Book value per share (₹)320.80212.46186.99169.95148.59143.47137.19

To see the full year-wise statements and ratios of Marathon Nextgen Realty Limited, buy the company report.

Board of directors of Marathon Nextgen Realty Limited

Marathon Nextgen Realty has 10 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kaivalya Chetan ShahWhole-Time Director28 May 20242 Years 5 MonthsCurrent
Samyag Mayur ShahWhole-Time Director28 May 20242 Years 5 MonthsCurrent
Mayur Ramniklal ShahDirector31 Mar 200323 Years 7 MonthsCurrent
Shailaja Chetan ShahDirector25 Mar 201511 Years 7 MonthsCurrent
Chetan Ramniklal ShahManaging Director01 Jul 201016 Years 4 MonthsCurrent
Deepak Rameshchandra ShahDirector09 Feb 20179 Years 9 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Auditor

Marathon Nextgen Realty Limited is audited by Rajendra & Co. for the financial year 2025.

Auditor firmFinancial yearFirm registration number
Rajendra & Co.FY 2025108355W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 56.40%, foreign institutional investors hold 4.70%, domestic institutional investors hold 14.70% and retail and other public shareholders hold 24.20%.

Promoters: 56.40%DII (Domestic Institutional): 14.70%FII (Foreign Institutional): 4.70%Retail & Others: 24.20%
Sep 2026
QUARTER
56.40% Promoters
14.70% DII (Domestic Institutional)
4.70% FII (Foreign Institutional)
24.20% Retail & Others
Promoter holding - history
Now 56.40% · Sep 2026High 56.40% · Jun 2026Low 55.90% · Dec 2025
54%55%56%57%58%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 55.90%Mar 2026: 55.90%Jun 2026: 56.40%Sep 2026: 56.40%56.40%55.90%56.40%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters56.40%56.40%55.90%55.90%
Public43.60%43.60%44.10%44.10%

Charges & borrowings

Open charges
₹575.38 Cr
Satisfied charges
₹5,367.68 Cr
Breakdown by lending institutions
Others₹571.38 Cr
Hdfc Bank Limited₹2.00 Cr
Industrial Development Bank of India₹2.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Dec 2025101239344Others₹355 CrOpen
12 Dec 2025101211204Others₹1.18 CrOpen
22 Jul 2025101151215Hdfc Bank Limited₹2 CrOpen
27 Nov 2024101006893Others₹75 CrOpen
05 Sep 2024100986266Others₹15 CrOpen

To see the full charge records of Marathon Nextgen Realty Limited, buy the company report.

Total charge records: 107 View all charges

Deals & funding

Marathon Nextgen Realty Limited has 22 deals on record (20 market trades, 1 qip, 1 debt financing), with disclosed funding of ₹450 Cr; the latest was in August 2025.

Total deals
22
Market trades
20
QIP
1
Debt financing
1
Disclosed funding
₹450 Cr

Deals on record (5 of 22)

WhenDealAmountParties
Jul 2025Market trade₹27.38 CrBuyer: Sageone Investment Managers LLP
Jun 2025Market trade₹17.22 CrBuyer: Ramdoot Realtors Private Limited
Seller: Ramdoot Realtors Private Limited
Jul 2024Market trade₹15.63 CrBuyer: Jainam Broking Limited
Seller: Jainam Broking Limited
Jun 2024Market trade₹23.7 CrBuyer: Samco Mutual Fund Dynamic Asset Allocation Fund
Seller: Jainam Broking Limited
Dec 2020Market trade₹5.5 CrBuyer: Ambe Securities Private Limited
Seller: an individual

To see the full deal history of Marathon Nextgen Realty Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Marathon Nextgen Realty Limited was last rated by Care on 14 Dec 2021.

Rating agencyRated onRating
Care14 Dec 2021

To see the full credit ratings and regulatory alerts of Marathon Nextgen Realty Limited, buy the company report.

MSME payment delays

Marathon Nextgen Realty Limited has 13 MSME Form 1 returns on record between 2018 and 2024, listing 271 overdue payments to 59 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 59)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
Mahesh Timber & Associates LLP
Arya Omnitalk Radio Trunking Services Private Limited

To see the full MSME payment records of Marathon Nextgen Realty Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Marathon Nextgen Realty has 3 subsidiary companies and 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

3
Subsidiary companies
1
Joint ventures
Key subsidiaries
Company NameCINShares held
Terrapolis Assets Private LimitedU20210MH1993PTC073697
Marathon Nextgen Townships Private LimitedU45203MH2008PTC183871
Sanvo Resorts Private LimitedU55103MH2001PTC132675

To see the full group structure of Marathon Nextgen Realty Limited, buy the company report.

Employees & EPFO

Marathon Nextgen Realty Limited has a workforce of 58 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
58
Active EPFO establishments
1
Employee growth
-10.77%

GST

Marathon Nextgen Realty has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACP8032E1ZNMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Marathon Nextgen Realty Limited, buy the company report.

Recent activity

Marathon Nextgen Realty Limited has 27 board changes on record since 2003: 19 appointments and 8 cessations. The latest: Suyash Neelkanth Bhise was appointed as CFO on 02 Aug 2024.

Charges
A charge registered on 31 May 2023 via Charge ID 100734374 with Others was fully satisfied on 09 Jun 2026.
Charges
A charge registered on 25 Sep 2023 via Charge ID 100795120 with The South Indian Bank Limited was fully satisfied on 12 May 2026.
Charges
A charge with Others of Rs. 355.00 Cr registered on 29 Dec 2025 with Charge ID 101239344 was modified on 09 Apr 2026.
Filing
Marathon Nextgen Realty Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge registered on 03 May 2023 via Charge ID 100734139 with Others was fully satisfied on 18 Feb 2026.
Charges
A charge with Others amounted to Rs. 355.00 Cr with Charge ID 101239344 was registered on 29 Dec 2025.
Charges
A charge with Others amounted to Rs. 1.18 Cr with Charge ID 101211204 was registered on 12 Dec 2025.
AGM
Marathon Nextgen Realty Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Charges
A charge registered on 10 Jan 2025 via Charge ID 101039618 with Others was fully satisfied on 09 Sep 2025.
Charges
A charge registered on 18 Dec 2023 via Charge ID 100861384 with Others was fully satisfied on 14 Aug 2025.
Charges
A charge registered on 05 Jan 2024 via Charge ID 100860012 with Others was fully satisfied on 13 Aug 2025.
Charges
A charge registered on 17 Aug 2023 via Charge ID 100774370 with Others was fully satisfied on 13 Aug 2025.

255 earlier events are in the company report.

News

Marathon Nextgen Realty: Approves Buying 60% More Stake In Swayam Realtors And Traders LLP To Have Total Economic Interest In Monte South Project, Byculla; Deal Worth Up To ₹135 Crores.
31 Oct 2026 · Exchange Update
MARATHON: Q2 REVENUE 1.3B RUPEES VS 1.17B (YOY)
21 Oct 2026 · Exchange Update
MARATHON: Q2 CONS NET PROFIT 452M RUPEES VS 660M (YOY)
21 Oct 2026 · Exchange Update
MARATHON: Q2 EBITDA 451M RUPEES VS 420M (YOY); Q2 EBITDA MARGIN 34.97% VS 35.96% (YOY)
21 Oct 2026 · Exchange Update

Frequently asked questions

Marathon Nextgen Realty is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 January 1978 (48+ years old) and is registered under CIN L65990MH1978PLC020080. Listed on BSE: 503101 and NSE: MARATHON.

Marathon Nextgen Realty reported revenue of ₹496.12 Cr for FY 2025-26 (down 14.5% YoY) based on consolidated financials.

Marathon Nextgen Realty has 10 current directors:

The latest financial statements of Marathon Nextgen Realty on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Marathon Nextgen Realty is 27AAACP8032E1ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Marathon Nextgen Realty is L65990MH1978PLC020080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Marathon Nextgen Realty is a listed company as per MCA records. Its shares are listed on both BSE (code: 503101) and NSE (symbol: MARATHON).

Marathon Nextgen Realty has 37 court cases on record: 12 filed by the company and 25 filed against it. 11 are pending. Most are in the high courts.

Marathon Nextgen Realty was incorporated on 13 January 1978, making it 48+ years old. It is registered with the Registrar of Companies, Mumbai.

Marathon Nextgen Realty has 22 deals on record (20 market trades, 1 qip, 1 debt financing), with disclosed funding of ₹450 Cr; the latest was in August 2025.

Suyash Neelkanth Bhise was appointed as CFO on 02 Aug 2024. Devendra Jashwantrai Shrimanker was appointed as Director on 28 May 2024. Kaivalya Chetan Shah was appointed as Whole-Time Director on 28 May 2024. Marathon Nextgen Realty has 27 board changes on record in total.