Marathon Realty Private Limited

Marathon Realty Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U70100MH1994PTC084037 Incorporated 23 December 1994 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company real estate and construction
Data last updated
Revenue · FY 2025
₹950.39 Cr
▲ 8.00% YoY
EBITDA · FY 2025
*****
▲ 36.00% YoY
Net profit · FY 2025
*****
▲ 100.00% YoY
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹14.67 Cr
Issued & subscribed
Open charges
₹929.8 Cr
Satisfied ₹7,583.42 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
149
Latest available

About Marathon Realty Private Limited

Data last updated: 22 December 2025

Marathon Realty Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 23 December 1994, the company has been in operation for over 32 years.

Registered with ROC Mumbai under CIN U70100MH1994PTC084037.

Capital: an authorised share capital of ₹30 Cr and a paid-up capital of ₹14.67 Cr. Formerly known as Marathon Realty Limited. It is led by directors including Nilesh Dhankumar Dand and Chetan Ramniklal Shah.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 702 Marathon Max Junction Of Mulund – Goregaon Link Road Mulund West, Mumbai, Maharashtra, India – 400080.

As per the financials filed for FY 2025, the company reported a revenue of ₹950.39 Cr, a growth of 8% compared to the previous year.

The company has a workforce of approximately 149 employees as per the latest available data. Its group structure includes 4 subsidiaries.

As per MCA filings, the company has open charges of ₹929.8 Cr and satisfied charges of ₹7,583.42 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 marathon.in.

Company Details of Marathon Realty Private Limited
CIN U70100MH1994PTC084037
Registration Number 084037
Incorporation Date 23 December 1994
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Mayur Ramniklal Shah Managing Director Nilesh Dhankumar Dand Director Chetan Ramniklal Shah Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    marathon.in
  • Social Media
  • Registered Address
    702 Marathon Max Junction Of Mulund – Goregaon Link Road Mulund West, Mumbai, Maharashtra, India – 400080
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
Company report
Marathon Realty Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Marathon Realty Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Marathon Realty Private Limited

Marathon Realty Private Limited has one previous CIN (Corporate Identification Number): U70100MH1994PLC084037. The current CIN is U70100MH1994PTC084037, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U70100MH1994PTC084037 Current
U70100MH1994PLC084037 Previous

Business Activity of Marathon Realty Private Limited

Marathon Realty Private Limited is engaged in the principal business activity of construction, with detailed activities including buildings.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
F Construction F1 Buildings *********

Auditor Details of Marathon Realty Private Limited

Marathon Realty Private Limited is audited by C N K & Associates LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
C N K & Associates LLP blur-value blur-value blur-value

Board of Directors of Marathon Realty Private Limited

Marathon Realty Private Limited is currently managed by 4 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Nilesh Dhankumar Dand
Also directs: Citadel Realty And Developers Limited, Terrapolis Assets Private Limited, Shree S S Infra Developers Private Limited and 5 more
Director 27 Nov 2018 7 Years 7 Months Current
Chetan Ramniklal Shah
Also directs: Marathon Construction Llp, Marathon Buildcon Llp, Matrix Green Housing And Commercial Developers Llp and 5 more
Director 23 Dec 1994 31 Years 6 Months Current
Mayur Ramniklal Shah
Also directs: Marathon Construction Llp, Marathon Buildcon Llp, Matrix Green Housing And Commercial Developers Llp and 5 more
Managing Director 23 Dec 1994 31 Years 6 Months Current
View all directors

Financials of Marathon Realty Private Limited FY 2024 filings available

Marathon Realty Private Limited reported revenue of ₹950.39 Cr (up 8% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹950.39 Cr ▲ 8%
Profit
***** ▲ 100%
EBITDA
***** ▲ 36%
Metrics
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Revenue
Revenue from Operations
*****
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
*****
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Debt / EBITDA
*****
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Solvency
D/E Ratio
*****
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ICR
*****
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*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Marathon Realty Private Limited

As of FY 2022, Marathon Realty Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Group Structure of Marathon Realty Private Limited

Marathon Realty Private Limited has 4 subsidiary companies and 2 associated companies. This group structure data is as of FY 2022. The corporate group structure reflects Marathon Realty Private Limited's business expansion strategy and organizational complexity.

4
Subsidiary companies
2
Associated companies
Key Subsidiaries
Company Name CIN Shares Held
Marathon Nextgen Realty Limited L65990MH1978PLC020080
**.**%
Marathon Panvel Infrastructures Private Limited U45200MH2006PTC160346
**.**%
Nexzone Land Private Limited U45200MH2008PTC182629
**.**%
Matrix Waste Management Private Limited U74900MH2007PTC172715
**.**%

Showing major subsidiaries. Total: 4.

Charges & Borrowings of Marathon Realty Private Limited

Open charges
₹929.8 Cr
Satisfied charges
₹7,583.42 Cr
Breakdown by lending institutions
Others₹782.20 Cr
Hdfc Bank Limited₹100.00 Cr
Axis Bank Limited₹45.00 Cr
Uti Bank Limited₹2.50 Cr
Housing Development Finanace Corporation Limited₹0.10 Cr
Latest charge details
DateLenderAmountStatus
30 Apr 2025 Axis Bank Limited ₹45 Cr Open
15 Apr 2025 Hdfc Bank Limited ₹100 Cr Open
20 Feb 2025 Others ₹75 Cr Open
03 Jan 2025 Others ₹40 Cr Open
27 Nov 2024 Others ₹75 Cr Open

Total charge records: 110 View all charges

Employees and EPFO Compliance at Marathon Realty Private Limited

Marathon Realty Private Limited has a workforce of 149 employees as of Mar 30, 2024.

Employee count
149
Active EPFO establishments
1
Employee growth
-14.37%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Marathon Realty Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Marathon Realty Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Marathon Realty Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Marathon Realty Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Marathon Realty Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Marathon Realty Private Limited

MSME Payment Delays by Marathon Realty Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Marathon Realty Private Limited

Subsidiaries & Group Companies of Marathon Realty Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Marathon Realty Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Marathon Realty Private Limited

MCA Filings & Documents of Marathon Realty Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Marathon Realty Private Limited

Charges
09 Sep 2025
A charge registered on 10 Jan 2025 via Charge ID 101040782 with Others was fully satisfied on 09 Sep 2025.
Charges
13 Aug 2025
A charge registered on 26 Oct 2023 via Charge ID 100813600 with Others was fully satisfied on 13 Aug 2025.
Charges
13 Aug 2025
A charge registered on 17 Aug 2023 via Charge ID 100774383 with Others was fully satisfied on 13 Aug 2025.
Charges
29 Jul 2025
A charge with Hdfc Bank Limited of Rs. 100.00 Cr registered on 15 Apr 2025 with Charge ID 101091204 was modified on 29 Jul 2025.
Charges
23 Jul 2025
A charge registered on 21 Dec 2023 via Charge ID 100861969 with Others was fully satisfied on 23 Jul 2025.
Charges
18 Jul 2025
A charge registered on 17 May 2024 via Charge ID 100930816 with Others was fully satisfied on 18 Jul 2025.

Recent News on Marathon Realty Private Limited

Frequently Asked Questions about Marathon Realty Private Limited

Marathon Realty Private Limited is an active private limited company in the real estate and construction sector based in Mumbai, Maharashtra, India. It was incorporated on 23 December 1994 (32+ years old) and is registered under CIN U70100MH1994PTC084037. The company has 149 employees.

Marathon Realty Private Limited reported revenue of ₹950.39 Cr for FY 2025 (up 8.00% YoY).

The current directors of Marathon Realty Private Limited are:

The primary industry of Marathon Realty Private Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.

Marathon Realty Private Limited can be reached at the registered office: 702 Marathon Max Junction Of Mulund – Goregaon Link Road Mulund West, Mumbai, Maharashtra, India – 400080, or through the website marathon.in.

The authorised capital is ₹30 Cr, and the paid-up capital is ₹14.67 Cr.

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