About Marathon Nextgen Realty Limited
Data last updated: 06 January 2026
Marathon Nextgen Realty Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Marathon Realty Private Limited. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 13 January 1978, the company has been in operation for over 48 years.
Registered with ROC Mumbai under CIN L65990MH1978PLC020080. Listed on BSE: 503101 and NSE: MARATHON.
Capital: an authorised share capital of ₹74 Cr and a paid-up capital of ₹33.71 Cr. Formerly known as Piramal Spinning & Weaving Mills Limited and Marathon Nextgen Realty & Textiles Limited. It is led by directors including Parul Abhoy Shah and Atul Jayantilal Mehta.
Last AGM: 24 September 2025. Financial statements filed for year ended 31 March 2025. Office: Marathon Futurex N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2023, the company reported a revenue of ₹487.89 Cr, reflecting significant growth compared to the previous year.
The company has a workforce of approximately 58 employees as per the latest available data. It operates as a subsidiary of Marathon Realty Private Limited. 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 ₹599.29 Cr and satisfied charges of ₹4,987.58 Cr on record.
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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressMarathon Futurex N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Marathon Nextgen Realty Limited
Marathon Nextgen Realty Limited has undergone 4 name changes throughout its history. The current legal name is Marathon Nextgen Realty Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Marathon Nextgen Realty Limited | Current |
| Piramal Spinning & Weaving Mills Limited | Previous |
| Marathon Nextgen Realty & Textiles Limited | Previous |
| Marathon Nexthen Realty And Textiles Limited | Previous |
| Mahadevi Investment Company Limited | Previous |
Associated Brands with Marathon Nextgen Realty Limited
Marathon Nextgen Realty Limited operates one associated brand: Marathon Group. These brands represent Marathon Nextgen Realty Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Real estate development is undertaken by Marathon Group in Mumbai. | marathonnextgen.com |
Competitors & Alternatives of Marathon Nextgen Realty Limited
Brands and companies operating in the same space as Marathon Nextgen Realty Limited include J Kumar Infraprojects, NBCC, Om Metals and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
J Kumar Infraprojects
|
Infrastructure projects in roads and railways sectors are developed. | Mumbai, India, India | 1980 |
NBCC
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Provider of construction and infrastructure development services under the Indian ministry of housing | Delhi, India, India | 1960 |
Om Metals
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Real estate and infrastructure developer | Delhi, India, India | 1971 |
Raheja Universal
|
Real estate projects are developed by Raheja Universal in India. | Mumbai, India, India | 1980 |
IITL Projects
|
REIT and property development company | Mumbai, India, India | 1994 |
Kesar Lands
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Real estate projects are developed in Nagpur, India, since 2020. | Nagpur, India, India | 2020 |
Amanora Park Town
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Brokerage services for buying and selling luxurious homes are offered. | Pune, India, India | 1996 |
Business Activity of Marathon Nextgen Realty Limited
Marathon Nextgen Realty Limited operates primarily in the real estate sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| ********* | Real Estate | ********* | Real estate activities with own or leased property | ********* |
Auditor Details of Marathon Nextgen Realty Limited
Marathon Nextgen Realty Limited is audited by M/s. Rajendra and Co. (ICAI peer reviewed, certificate valid till 2027-08-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s. Rajendra and Co. (ICAI peer reviewed, certificate valid till 2027-08-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Marathon Nextgen Realty Limited
Marathon Nextgen Realty Limited is currently managed by 13 directors, with 17 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Parul Abhoy Shah
Also directs:
Haps Design Consultancy Llp, Terrapolis Assets Private Limited, Sanvo Resorts Private Limited and 1 more
|
Director | 13 Feb 2020 | 6 Years 4 Months | Current |
| Atul Jayantilal Mehta | Director | 13 Feb 2020 | 6 Years 4 Months | Current |
|
Deepak Rameshchandra Shah
Also directs:
Siyaram Silk Mills Limited, The Ruby Mills Limited
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Director | 09 Feb 2017 | 9 Years 5 Months | Current |
|
Shailaja Chetan Shah
Also directs:
Basecamp Learning Llp, Satvik Journey Llp, Lark Stock Broking Private Limited and 3 more
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Director | 25 Mar 2015 | 11 Years 3 Months | Current |
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Samyag Mayur Shah
Also directs:
Sanvo Resorts Private Limited, Nexzone Fiscal Services Private Limited, Nexzone Utilities Private Limited and 5 more
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Whole-Time Director | 28 May 2024 | 2 Years 1 Months | Current |
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Suyash Bhise Neelkanth
Also directs:
Indokem Limited
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Cfo | 21 Jun 2024 | 2 Years 0 Months | Current |
Financials of Marathon Nextgen Realty Limited FY 2026 filings available
Marathon Nextgen Realty Limited reported revenue of ₹496.12 Cr (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹496.12 Cr | ₹704.62 Cr | ₹716.53 Cr | ₹306.09 Cr | ₹205.55 Cr | ₹241.13 Cr |
| Other Income | ₹142.46 Cr | ₹41.22 Cr | ₹42.41 Cr | ₹38.25 Cr | ₹17.6 Cr | ₹8.3 Cr |
| Total Income | ₹638.58 Cr | ₹745.84 Cr | ₹758.94 Cr | ₹344.34 Cr | ₹223.15 Cr | ₹249.43 Cr |
| Cost of Materials Consumed | ₹314.16 Cr | ₹379.89 Cr | ₹397.97 Cr | ₹236.15 Cr | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹16.85 Lakh | ₹39.39 Cr | ₹29.18 Cr | -₹45.83 Cr | ₹12.46 Cr | ₹15.35 Cr |
| Employee Benefit Expense | ₹23.02 Cr | ₹15.74 Cr | ₹14.29 Cr | ₹11.17 Cr | ₹6.12 Cr | ₹11.19 Cr |
| Finance Costs | ₹12.76 Cr | ₹90.95 Cr | ₹122.53 Cr | ₹74.66 Cr | ₹43.79 Cr | ₹41.02 Cr |
| Depreciation & Amortisation | ₹1.61 Cr | ₹2.97 Cr | ₹3.12 Cr | ₹2.98 Cr | ₹5.43 Cr | ₹5.68 Cr |
| Other Expenses | ₹38.01 Cr | ₹36.75 Cr | ₹35.76 Cr | ₹30.2 Cr | ₹123.24 Cr | ₹150.26 Cr |
| Total Expenses | ₹389.4 Cr | ₹565.69 Cr | ₹602.84 Cr | ₹309.33 Cr | ₹191.05 Cr | ₹223.5 Cr |
| Profit Before Exceptional Items & Tax | ₹249.18 Cr | ₹180.15 Cr | ₹156.1 Cr | ₹35.01 Cr | ₹32.1 Cr | ₹25.94 Cr |
| Exceptional Items | -₹2.27 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹246.91 Cr | ₹180.15 Cr | ₹156.1 Cr | ₹35.01 Cr | ₹32.1 Cr | ₹25.94 Cr |
| Total Tax Expense | ₹58.53 Cr | ₹46.43 Cr | ₹43.29 Cr | ₹11.43 Cr | ₹8.94 Cr | ₹5.36 Cr |
| Net Profit | ₹206.36 Cr | ₹168.78 Cr | ₹123.69 Cr | ₹38.89 Cr | ₹15.93 Cr | ₹24.94 Cr |
| attributable to Owners | ₹202.96 Cr | ₹166.47 Cr | - | - | ₹15.19 Cr | ₹24.08 Cr |
| attributable to NCI | ₹3.4 Cr | ₹2.31 Cr | - | - | ₹73.72 Lakh | ₹86.39 Lakh |
| Other Comprehensive Income | -₹46.97 Lakh | ₹59,000 | -₹19.17 Lakh | -₹19.83 Lakh | ₹41.35 Lakh | -₹15.79 Lakh |
| Total Comprehensive Income | ₹205.89 Cr | ₹168.79 Cr | ₹123.5 Cr | ₹38.69 Cr | ₹16.34 Cr | ₹24.79 Cr |
| EBITDA (computed) | ₹263.55 Cr | ₹274.07 Cr | ₹281.75 Cr | ₹112.65 Cr | ₹81.33 Cr | ₹72.63 Cr |
| Basic EPS | ₹32.56 | ₹34.43 | ₹26.12 | ₹-1.68 | ₹3.30 | ₹5.23 |
| Diluted EPS | ₹30.59 | ₹32.50 | ₹25.21 | ₹-1.68 | ₹3.30 | ₹5.23 |
| Metrics | FY 2026 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total Assets | ₹2,759.63 Cr | ₹2,238.62 Cr | ₹2,153.21 Cr |
| Non-current Assets | ₹1,124.23 Cr | ₹1,114.53 Cr | ₹1,124.39 Cr |
| Current Assets | ₹1,635.4 Cr | ₹1,124.09 Cr | ₹1,028.82 Cr |
| Property, Plant & Equipment | ₹14.16 Cr | ₹9.77 Cr | ₹8.3 Cr |
| Inventories | ₹837.1 Cr | ₹620.4 Cr | ₹517.86 Cr |
| Trade Receivables | ₹57.25 Cr | ₹94.37 Cr | ₹43.33 Cr |
| Cash & Equivalents | ₹83.29 Cr | ₹10.35 Cr | ₹30.98 Cr |
| Equity (Net Worth) | ₹2,329.74 Cr | ₹1,007.33 Cr | ₹793.31 Cr |
| Equity Share Capital | ₹33.71 Cr | ₹25.59 Cr | ₹23.16 Cr |
| Borrowings (Non-current) | ₹85.74 Cr | ₹582.63 Cr | ₹779.16 Cr |
| Borrowings (Current) | ₹13.64 Cr | ₹178.3 Cr | ₹89.68 Cr |
| Total Debt (computed) | ₹99.38 Cr | ₹760.93 Cr | ₹868.84 Cr |
| Current Liabilities | ₹336.1 Cr | ₹556.41 Cr | ₹502.15 Cr |
| Total Liabilities | ₹429.89 Cr | ₹1,231.3 Cr | ₹1,359.9 Cr |
| Metrics | FY 2026 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Operating Cash Flow | -₹54.16 Cr | ₹22.1 Cr | ₹386.31 Cr | ₹126.78 Cr |
| Investing Cash Flow | -₹291.97 Cr | ₹112.14 Cr | -₹45.96 Cr | -₹507.37 Cr |
| Financing Cash Flow | ₹411.29 Cr | -₹154.87 Cr | -₹326.14 Cr | ₹354.9 Cr |
| Capital Expenditure | ₹0 | ₹1.46 Cr | ₹0 | ₹0 |
| Free Cash Flow (computed) | -₹54.16 Cr | ₹20.64 Cr | ₹386.31 Cr | ₹126.78 Cr |
| Dividends Paid | ₹6.74 Cr | ₹4.68 Cr | ₹2.31 Cr | ₹0 |
| Net Change in Cash | ₹65.15 Cr | -₹20.62 Cr | ₹14.21 Cr | -₹25.56 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹113.55 Cr | ₹124.9 Cr | ₹116.85 Cr | ₹140.81 Cr | ₹123.35 Cr | ₹156.23 Cr | ₹162.21 Cr | ₹155.42 Cr | ₹210.41 Cr | ₹129.03 Cr | ₹209.76 Cr | ₹170.45 Cr |
| Other Income | ₹38.26 Cr | ₹15.89 Cr | ₹38.21 Cr | ₹50.1 Cr | ₹26.24 Cr | ₹19.74 Cr | ₹10.84 Cr | ₹10.96 Cr | ₹10.07 Cr | ₹10.45 Cr | ₹9.74 Cr | ₹9.09 Cr |
| Total Income | ₹151.81 Cr | ₹140.79 Cr | ₹155.06 Cr | ₹190.92 Cr | ₹149.59 Cr | ₹175.98 Cr | ₹173.06 Cr | ₹166.37 Cr | ₹220.48 Cr | ₹139.48 Cr | ₹219.5 Cr | ₹179.55 Cr |
| Cost of Materials Consumed | ₹93.51 Cr | ₹42.62 Cr | ₹76.79 Cr | ₹0 | ₹92.55 Cr | ₹69.47 Cr | ₹0 | ₹122.64 Cr | ₹0 | ₹0 | ₹0 | ₹84.82 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹19.86 Cr | ₹43.57 Cr | -₹17.05 Cr | -₹6.83 Cr | -₹18.47 Cr | ₹21.92 Cr | ₹1.1 Cr | -₹30.55 Cr | ₹22.49 Cr | ₹1.34 Cr | ₹46.12 Cr | ₹28.67 Cr |
| Employee Benefit Expense | ₹4.24 Cr | ₹6.28 Cr | ₹6.6 Cr | ₹5.89 Cr | ₹4.41 Cr | ₹4.69 Cr | ₹4.08 Cr | ₹4.05 Cr | ₹4.29 Cr | ₹3.66 Cr | ₹3.75 Cr | ₹4.66 Cr |
| Finance Costs | ₹26.07 Lakh | ₹9.15 Lakh | ₹2.07 Cr | ₹12.11 Cr | ₹8.68 Cr | ₹12.94 Cr | ₹18.95 Cr | ₹13.78 Cr | ₹28.8 Cr | ₹23.37 Cr | ₹24.99 Cr | ₹27.39 Cr |
| Depreciation & Amortisation | ₹35.87 Lakh | ₹39.29 Lakh | ₹38.7 Lakh | ₹47.41 Lakh | ₹65.98 Lakh | ₹71.53 Lakh | ₹75.33 Lakh | ₹67.38 Lakh | ₹77.27 Lakh | ₹75.96 Lakh | ₹76.05 Lakh | ₹75.96 Lakh |
| Other Expenses | ₹10.77 Cr | ₹7.38 Cr | ₹8.49 Cr | ₹110.84 Cr | ₹8.45 Cr | ₹7.49 Cr | ₹104.1 Cr | ₹12.12 Cr | ₹107.34 Cr | ₹75.74 Cr | ₹98.8 Cr | ₹11.06 Cr |
| Total Expenses | ₹89.28 Cr | ₹100.34 Cr | ₹77.29 Cr | ₹122.48 Cr | ₹96.29 Cr | ₹117.22 Cr | ₹128.98 Cr | ₹122.71 Cr | ₹163.69 Cr | ₹104.87 Cr | ₹174.42 Cr | ₹157.36 Cr |
| Profit Before Exceptional Items & Tax | ₹62.52 Cr | ₹40.45 Cr | ₹77.77 Cr | ₹68.44 Cr | ₹53.3 Cr | ₹58.75 Cr | ₹44.08 Cr | ₹43.66 Cr | ₹56.79 Cr | ₹34.61 Cr | ₹45.09 Cr | ₹22.19 Cr |
| Exceptional Items | ₹0 | -₹2.27 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹62.52 Cr | ₹38.18 Cr | ₹77.77 Cr | ₹68.44 Cr | ₹53.3 Cr | ₹58.75 Cr | ₹44.08 Cr | ₹43.66 Cr | ₹56.79 Cr | ₹34.61 Cr | ₹45.09 Cr | ₹22.19 Cr |
| Total Tax Expense | ₹18.18 Cr | ₹10.46 Cr | ₹14.04 Cr | ₹15.85 Cr | ₹10.95 Cr | ₹9.3 Cr | ₹11.34 Cr | ₹12.21 Cr | ₹15.44 Cr | ₹7.49 Cr | ₹11.29 Cr | ₹6.58 Cr |
| Net Profit | ₹45.52 Cr | ₹32.73 Cr | ₹66.54 Cr | ₹61.57 Cr | ₹49.05 Cr | ₹49.46 Cr | ₹37.8 Cr | ₹40.45 Cr | ₹50.76 Cr | ₹34.49 Cr | ₹43.08 Cr | ₹16.25 Cr |
| attributable to Owners | ₹44.7 Cr | ₹32.33 Cr | ₹28.96 Cr | ₹59.88 Cr | ₹47.89 Cr | - | ₹36.95 Cr | ₹39.82 Cr | ₹50.14 Cr | ₹34.26 Cr | ₹42.25 Cr | - |
| attributable to NCI | ₹82.19 Lakh | ₹40.16 Lakh | ₹48.8 Lakh | ₹1.69 Cr | ₹1.16 Cr | - | ₹84.96 Lakh | ₹62.33 Lakh | ₹61.76 Lakh | ₹23.62 Lakh | ₹82.86 Lakh | - |
| Other Comprehensive Income | -₹92,000 | -₹38.6 Lakh | -₹3.72 Lakh | -₹3.73 Lakh | -₹8.16 Lakh | -₹42,000 | -₹42,000 | ₹13.49 Lakh | -₹4.3 Lakh | -₹4.3 Lakh | -₹4.3 Lakh | -₹7.91 Lakh |
| Total Comprehensive Income | ₹45.51 Cr | ₹32.34 Cr | ₹66.5 Cr | ₹61.54 Cr | ₹48.97 Cr | ₹49.45 Cr | ₹37.79 Cr | ₹40.58 Cr | ₹50.72 Cr | ₹34.45 Cr | ₹43.03 Cr | ₹16.17 Cr |
| EBITDA (computed) | ₹63.14 Cr | ₹40.93 Cr | ₹80.23 Cr | ₹81.02 Cr | ₹62.65 Cr | ₹72.41 Cr | ₹63.78 Cr | ₹58.11 Cr | ₹86.37 Cr | ₹58.75 Cr | ₹70.84 Cr | ₹50.34 Cr |
| Basic EPS | ₹6.75 | ₹4.85 | ₹9.80 | ₹11.69 | ₹9.58 | ₹9.46 | ₹7.22 | ₹7.78 | ₹10.22 | ₹7.32 | ₹9.11 | ₹3.50 |
| Diluted EPS | ₹6.75 | ₹4.85 | ₹9.79 | ₹11.69 | ₹9.57 | ₹9.45 | ₹7.21 | ₹7.77 | ₹10.21 | ₹6.91 | ₹8.62 | ₹3.33 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹176.78 Cr | ₹241.94 Cr | ₹344.81 Cr | ₹445.28 Cr | ₹158.22 Cr | ₹54.39 Cr | ₹81.27 Cr |
| Other Income | ₹160.67 Cr | ₹81.82 Cr | ₹65.19 Cr | ₹42.61 Cr | ₹18.93 Cr | ₹18.7 Cr | ₹11.22 Cr |
| Total Income | ₹337.45 Cr | ₹323.76 Cr | ₹410 Cr | ₹487.89 Cr | ₹177.15 Cr | ₹73.09 Cr | ₹92.49 Cr |
| Cost of Materials Consumed | ₹78.74 Cr | ₹99.96 Cr | ₹159.76 Cr | ₹153.12 Cr | ₹49.88 Cr | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹6.41 Cr | ₹18.02 Cr | -₹21.67 Cr | ₹65.74 Cr | ₹25.08 Cr | -₹33.15 Cr | -₹9.99 Cr |
| Employee Benefit Expense | ₹14.75 Cr | ₹12.25 Cr | ₹10.81 Cr | ₹9.05 Cr | ₹6.25 Cr | ₹3.01 Cr | ₹6.28 Cr |
| Finance Costs | ₹11.73 Cr | ₹39.49 Cr | ₹70.2 Cr | ₹96.74 Cr | ₹50.43 Cr | ₹30.54 Cr | ₹28.66 Cr |
| Depreciation & Amortisation | ₹1.1 Cr | ₹2.23 Cr | ₹2.62 Cr | ₹2.71 Cr | ₹2.63 Cr | ₹5 Cr | ₹4.56 Cr |
| Other Expenses | ₹20.91 Cr | ₹18.55 Cr | ₹20.95 Cr | ₹23.16 Cr | ₹11.96 Cr | ₹38.04 Cr | ₹31.72 Cr |
| Total Expenses | ₹120.82 Cr | ₹190.5 Cr | ₹242.66 Cr | ₹350.51 Cr | ₹146.24 Cr | ₹43.44 Cr | ₹61.23 Cr |
| Profit Before Exceptional Items & Tax | ₹216.64 Cr | ₹133.27 Cr | ₹167.34 Cr | ₹137.38 Cr | ₹30.91 Cr | ₹29.65 Cr | ₹31.26 Cr |
| Exceptional Items | -₹77.93 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹215.86 Cr | ₹133.27 Cr | ₹167.34 Cr | ₹137.38 Cr | ₹30.91 Cr | ₹29.65 Cr | ₹31.26 Cr |
| Total Tax Expense | ₹44.3 Cr | ₹25.57 Cr | ₹31.73 Cr | ₹32.29 Cr | ₹9.27 Cr | ₹5.61 Cr | ₹4.4 Cr |
| Net Profit | ₹189.54 Cr | ₹135.76 Cr | ₹135.61 Cr | ₹105.09 Cr | ₹14.43 Cr | ₹28.42 Cr | ₹34.4 Cr |
| Other Comprehensive Income | ₹90,000 | -₹12.07 Lakh | -₹1.2 Lakh | -₹10.39 Lakh | -₹9.88 Lakh | ₹21.37 Lakh | -₹11.69 Lakh |
| Total Comprehensive Income | ₹189.55 Cr | ₹135.64 Cr | ₹135.6 Cr | ₹104.98 Cr | ₹14.33 Cr | ₹28.63 Cr | ₹34.29 Cr |
| EBITDA (computed) | ₹229.46 Cr | ₹174.99 Cr | ₹240.15 Cr | ₹236.82 Cr | ₹83.98 Cr | ₹65.19 Cr | ₹64.48 Cr |
| Basic EPS | ₹29.91 | ₹26.51 | ₹28.05 | ₹22.74 | ₹4.59 | ₹6.18 | ₹7.48 |
| Diluted EPS | ₹29.89 | ₹26.50 | ₹26.47 | ₹21.90 | ₹4.54 | ₹6.17 | ₹7.48 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹2,207.44 Cr | ₹1,396.58 Cr | ₹1,447.33 Cr | ₹1,428.96 Cr |
| Non-current Assets | ₹1,635.34 Cr | ₹893.3 Cr | ₹980.95 Cr | ₹969.85 Cr |
| Current Assets | ₹572.09 Cr | ₹503.27 Cr | ₹466.37 Cr | ₹459.11 Cr |
| Property, Plant & Equipment | ₹3.35 Cr | ₹2.16 Cr | ₹1.84 Cr | ₹95.47 Lakh |
| Inventories | ₹200.03 Cr | ₹193.62 Cr | ₹211.64 Cr | ₹189.97 Cr |
| Trade Receivables | ₹25.28 Cr | ₹35.1 Cr | ₹19.48 Cr | ₹23.41 Cr |
| Cash & Equivalents | ₹28.86 Cr | ₹3.05 Cr | ₹2.14 Cr | ₹18.77 Cr |
| Equity (Net Worth) | ₹2,162.88 Cr | ₹1,087.99 Cr | ₹983.07 Cr | ₹803.49 Cr |
| Equity Share Capital | ₹33.71 Cr | ₹25.6 Cr | ₹25.59 Cr | ₹23.16 Cr |
| Borrowings (Non-current) | ₹95.66 Lakh | ₹169.85 Cr | ₹326.69 Cr | ₹524.25 Cr |
| Borrowings (Current) | ₹22.02 Lakh | ₹87.13 Cr | ₹36.51 Cr | ₹28.16 Cr |
| Total Debt (computed) | ₹1.18 Cr | ₹256.98 Cr | ₹363.21 Cr | ₹552.42 Cr |
| Current Liabilities | ₹40.06 Cr | ₹132.39 Cr | ₹130.55 Cr | ₹95.24 Cr |
| Total Liabilities | ₹44.56 Cr | ₹308.59 Cr | ₹464.26 Cr | ₹625.47 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹9.25 Cr | ₹136.88 Cr | ₹167.29 Cr | ₹240.61 Cr | ₹108.54 Cr |
| Investing Cash Flow | -₹600.85 Cr | -₹18.21 Cr | ₹44.1 Cr | ₹13.84 Cr | -₹354.27 Cr |
| Financing Cash Flow | ₹617.4 Cr | -₹145.83 Cr | -₹228.02 Cr | -₹245.81 Cr | -₹255.65 Cr |
| Capital Expenditure | ₹0 | ₹0 | ₹1.06 Cr | ₹26.72 Lakh | -₹21.76 Lakh |
| Free Cash Flow (computed) | ₹9.25 Cr | ₹136.88 Cr | ₹166.23 Cr | ₹240.34 Cr | ₹108.32 Cr |
| Dividends Paid | ₹6.74 Cr | ₹0 | ₹4.68 Cr | ₹2.31 Cr | ₹0 |
| Net Change in Cash | ₹25.8 Cr | -₹27.16 Cr | -₹16.63 Cr | ₹8.63 Cr | -₹501.35 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹68.21 Cr | ₹21.94 Cr | ₹62.7 Cr | ₹23.93 Cr | ₹73.7 Cr | ₹38.92 Cr | ₹63.49 Cr | ₹76.07 Cr | ₹59.62 Cr | ₹119.01 Cr | ₹76.12 Cr | ₹90.05 Cr |
| Other Income | ₹45.92 Cr | ₹22.64 Cr | ₹43.03 Cr | ₹49.09 Cr | ₹37.26 Cr | ₹22.36 Cr | ₹15.84 Cr | ₹6.36 Cr | ₹39.98 Cr | ₹4.41 Cr | ₹4.81 Cr | ₹5.12 Cr |
| Total Income | ₹114.13 Cr | ₹44.58 Cr | ₹105.73 Cr | ₹73.02 Cr | ₹110.96 Cr | ₹61.28 Cr | ₹79.33 Cr | ₹82.43 Cr | ₹99.6 Cr | ₹123.42 Cr | ₹80.93 Cr | ₹95.17 Cr |
| Cost of Materials Consumed | ₹27.44 Cr | ₹13.42 Cr | ₹20.23 Cr | ₹0 | ₹20.32 Cr | ₹24.29 Cr | ₹25.68 Cr | ₹0 | ₹35.3 Cr | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹3.83 Cr | -₹9.21 Cr | ₹4.8 Cr | -₹5.83 Cr | ₹26.57 Cr | -₹12.8 Cr | -₹4.09 Cr | ₹8.34 Cr | -₹13.8 Cr | ₹1.02 Cr | ₹36.65 Lakh | -₹9.26 Cr |
| Employee Benefit Expense | ₹3.5 Cr | ₹3.61 Cr | ₹4.12 Cr | ₹3.52 Cr | ₹3.26 Cr | ₹3.11 Cr | ₹3.12 Cr | ₹2.75 Cr | ₹2.88 Cr | ₹2.92 Cr | ₹2.48 Cr | ₹2.52 Cr |
| Finance Costs | ₹10.77 Lakh | ₹3.82 Lakh | ₹63.33 Lakh | ₹10.79 Cr | ₹12.76 Cr | ₹6.73 Cr | ₹7.48 Cr | ₹12.51 Cr | ₹8.57 Cr | ₹23.26 Cr | ₹18.69 Cr | ₹19.68 Cr |
| Depreciation & Amortisation | ₹23.09 Lakh | ₹26.97 Lakh | ₹26.38 Lakh | ₹33.19 Lakh | ₹42.15 Lakh | ₹54.85 Lakh | ₹60.44 Lakh | ₹65.57 Lakh | ₹57.81 Lakh | ₹68.23 Lakh | ₹67.74 Lakh | ₹67.73 Lakh |
| Other Expenses | ₹5.61 Cr | ₹3.65 Cr | ₹6.23 Cr | ₹23.23 Cr | ₹4.79 Cr | ₹5.75 Cr | ₹4.46 Cr | ₹33.22 Cr | ₹5.51 Cr | ₹57.23 Cr | ₹33.34 Cr | ₹49.33 Cr |
| Total Expenses | ₹40.72 Cr | ₹11.78 Cr | ₹36.28 Cr | ₹32.04 Cr | ₹68.13 Cr | ₹27.63 Cr | ₹37.26 Cr | ₹57.48 Cr | ₹39.03 Cr | ₹85.12 Cr | ₹55.56 Cr | ₹62.95 Cr |
| Profit Before Exceptional Items & Tax | ₹73.41 Cr | ₹32.8 Cr | ₹69.45 Cr | ₹40.98 Cr | ₹42.83 Cr | ₹33.66 Cr | ₹42.07 Cr | ₹24.96 Cr | ₹60.57 Cr | ₹38.3 Cr | ₹25.37 Cr | ₹32.22 Cr |
| Exceptional Items | ₹0 | -₹77.93 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹73.41 Cr | ₹32.02 Cr | ₹69.45 Cr | ₹40.98 Cr | ₹42.83 Cr | ₹33.66 Cr | ₹42.07 Cr | ₹24.96 Cr | ₹60.57 Cr | ₹38.3 Cr | ₹25.37 Cr | ₹32.22 Cr |
| Total Tax Expense | ₹15.31 Cr | ₹9.15 Cr | ₹11.74 Cr | ₹8.09 Cr | ₹7.92 Cr | ₹5.51 Cr | ₹5.66 Cr | ₹6.48 Cr | ₹7.5 Cr | ₹9.7 Cr | ₹6.63 Cr | ₹7.9 Cr |
| Net Profit | ₹59.28 Cr | ₹27.87 Cr | ₹60.51 Cr | ₹41.87 Cr | ₹40.98 Cr | ₹34.84 Cr | ₹36.4 Cr | ₹23.54 Cr | ₹53.07 Cr | ₹28.6 Cr | ₹18.75 Cr | ₹35.19 Cr |
| Other Comprehensive Income | ₹9.24 Lakh | -₹2.3 Lakh | -₹3.02 Lakh | -₹3.02 Lakh | -₹5.84 Lakh | -₹5.62 Lakh | -₹30,000 | -₹30,000 | ₹6.59 Lakh | -₹2.6 Lakh | -₹2.59 Lakh | -₹2.6 Lakh |
| Total Comprehensive Income | ₹59.38 Cr | ₹27.85 Cr | ₹60.48 Cr | ₹41.84 Cr | ₹40.92 Cr | ₹34.79 Cr | ₹36.4 Cr | ₹23.53 Cr | ₹53.14 Cr | ₹28.58 Cr | ₹18.72 Cr | ₹35.17 Cr |
| EBITDA (computed) | ₹73.75 Cr | ₹33.1 Cr | ₹70.34 Cr | ₹52.11 Cr | ₹56.01 Cr | ₹40.94 Cr | ₹50.16 Cr | ₹38.12 Cr | ₹69.71 Cr | ₹62.24 Cr | ₹44.74 Cr | ₹52.57 Cr |
| Basic EPS | ₹8.79 | ₹4.13 | ₹8.97 | ₹8.18 | ₹8.00 | ₹6.80 | ₹7.11 | ₹4.60 | ₹10.37 | ₹5.83 | ₹4.01 | ₹7.59 |
| Diluted EPS | ₹8.79 | ₹4.13 | ₹8.97 | ₹8.17 | ₹8.00 | ₹6.80 | ₹7.10 | ₹4.59 | ₹10.36 | ₹5.82 | ₹3.78 | ₹7.18 |
Shareholding Pattern of Marathon Nextgen Realty Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 56.37%, foreign institutional investors hold 5.09%, domestic institutional investors hold 14.74%, retail and other public shareholders hold 23.80% of Marathon Nextgen Realty Limited. The company had 14,399 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jul 2025 | Jun 2025 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Promoters | 56.37% | 55.92% | 55.92% | 55.92% | 73.63% | 73.63% |
| Public | 43.63% | 44.08% | 44.08% | 44.08% | 26.37% | 26.37% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 56.37% | 73.63% | 73.68% | 74.44% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% | 75.00% |
| Public | 43.63% | 26.37% | 26.32% | 25.56% | 25.03% | 25.03% | 25.03% | 25.03% | 25.03% | 25.00% |
| Promoter change (YoY, %pts) | -17.26 | -0.05 | -0.76 | -0.53 | +0.00 | +0.00 | +0.00 | +0.00 | -0.03 | - |
Board & Governance of Marathon Nextgen Realty Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Marathon Nextgen Realty Limited has 10 directors - 5 independent and 3 executive. The board is chaired by CHETAN RAMNIKLAL SHAH.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| CHETAN RAMNIKLAL SHAH | Executive Director · MD · Chairperson | 2010-07-01 | 2 |
| MAYUR RAMNIKLAL SHAH | Non-Executive - Non Independent Director | 2003-03-31 | 1 |
| SHAILAJA CHETAN SHAH | Non-Executive - Non Independent Director | 2015-03-25 | 1 |
| ATUL JAYANTILAL MEHTA | Non-Executive - Independent Director | 2020-02-13 | 1 |
| ASHWIN MOHANLAL THAKKER | Non-Executive - Independent Director | 2020-11-13 | 1 |
| PARUL ABHOY SHAH | Non-Executive - Independent Director | 2020-02-13 | 1 |
| DEEPAK RAMESHCHANDRA SHAH | Non-Executive - Independent Director | 2017-02-09 | 3 |
| KAIVALYA CHETAN SHAH | Executive Director | 2024-05-28 | 1 |
| SAMYAG MAYUR SHAH | Executive Director | 2024-05-28 | 1 |
| DEVENDRA JASHWANTRAI SHRIMANKER | Non-Executive - Independent Director | 2024-05-28 | 3 |
| Committee | Members |
|---|---|
| Audit Committee | DEEPAK RAMESHCHANDRA SHAH (Chairperson), CHETAN RAMNIKLAL SHAH, ATUL JAYANTILAL MEHTA |
| Nomination and remuneration committee | DEEPAK RAMESHCHANDRA SHAH (Chairperson), MAYUR RAMNIKLAL SHAH, PARUL ABHOY SHAH |
| Stakeholders Relationship Committee | SHAILAJA CHETAN SHAH (Chairperson), DEEPAK RAMESHCHANDRA SHAH, ASHWIN MOHANLAL THAKKER |
| Risk Management Committee | DEEPAK RAMESHCHANDRA SHAH (Chairperson), CHETAN RAMNIKLAL SHAH, ATUL JAYANTILAL MEHTA |
| Corporate Social Responsibility Committee | MAYUR RAMNIKLAL SHAH (Chairperson), CHETAN RAMNIKLAL SHAH, PARUL ABHOY SHAH |
| Business Development Committee | MAYUR RAMNIKLAL SHAH (Chairperson), KAIVALYA CHETAN SHAH, DEEPAK RAMESHCHANDRA SHAH |
| Operations Committee | MAYUR RAMNIKLAL SHAH (Chairperson), KAIVALYA CHETAN SHAH, DEEPAK RAMESHCHANDRA SHAH |
Group Structure of Marathon Nextgen Realty Limited
Marathon Nextgen Realty Limited has 3 subsidiary companies and 1 joint venture. This group structure data is as of FY 2023. The corporate group structure reflects Marathon Nextgen Realty Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Terrapolis Assets Private Limited | U20210MH1993PTC073697 | - |
| Marathon Nextgen Townships Private Limited | U45203MH2008PTC183871 | - |
| Sanvo Resorts Private Limited | U55103MH2001PTC132675 | - |
Showing major subsidiaries. Total: 3.
Charges & Borrowings of Marathon Nextgen Realty Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jul 2025 | Hdfc Bank Limited | ₹2 Cr | Open |
| 27 Nov 2024 | Others | ₹75 Cr | Open |
| 05 Sep 2024 | Others | ₹15 Cr | Open |
| 02 Jul 2024 | Others | ₹70 Cr | Open |
| 29 Nov 2023 | Others | ₹55.2 Cr | Open |
Total charge records: 105 View all charges
Employees and EPFO Compliance at Marathon Nextgen Realty Limited
Marathon Nextgen Realty Limited has a workforce of 58 employees as of Apr 07, 2024.
Employee Count & EPFO Data of Marathon Nextgen Realty Limited
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GST Compliance of Marathon Nextgen Realty Limited
GSTIN & GST Filing Data of Marathon Nextgen Realty Limited
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Credit Ratings, Litigation & Regulatory Alerts for Marathon Nextgen Realty Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Marathon Nextgen Realty Limited
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MSME Payment Delays by Marathon Nextgen Realty Limited
MSME Payment Delays by Marathon Nextgen Realty Limited
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Subsidiaries & Group Companies of Marathon Nextgen Realty Limited
Subsidiaries & Group Companies of Marathon Nextgen Realty Limited
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MCA Filings & Documents of Marathon Nextgen Realty Limited
MCA Filings & Documents of Marathon Nextgen Realty Limited
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Recent Activity on Marathon Nextgen Realty Limited
Recent News on Marathon Nextgen Realty Limited
Frequently Asked Questions about Marathon Nextgen Realty Limited
Marathon Nextgen Realty Limited is an active public limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 13 January 1978 (48+ years old) and is registered under CIN L65990MH1978PLC020080. Listed on BSE: 503101 and NSE: MARATHON. The company has 58 employees.
Marathon Nextgen Realty Limited reported revenue of ₹487.89 Cr for FY 2023 (up 175.40% YoY).
The current directors of Marathon Nextgen Realty Limited are:
The primary industry of Marathon Nextgen Realty Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Yes. Marathon Nextgen Realty Limited is listed on both BSE (code: 503101) and NSE (symbol: MARATHON).
Marathon Nextgen Realty Limited can be reached at the registered office: Marathon Futurex N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013, or through the website marathonnextgen.com.