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Marathon Nextgen Realty

Marathon Nextgen Realty

NSE: MARATHONBSE 503101Real Estatemarathon.in/nextgen
View MapTV Chart
402.85
14.55+3.75%
DAY389
₹402.85
409
Open395.30
Prev Close388.30
Bid402.83100
Ask402.88100
Volume55.0K19%vs 20D avg
Market Cap₹2,719.07 Cr
Promoter Hold.55.9%
Face Value₹5
Fwd P/E
PEG
EV/EBITDA8.82
P/S5.47
ROA3.08%
Beta0.43
Div Payout3.27%
Valuation

Marathon Nextgen Realty Ltd valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Marathon Nextgen Realty Ltd, framed against the sector median so the premium or discount is obvious at a glance.

Marathon Nextgen Realty Ltd trades at a P/E of 13.17× and P/B of 1.17×.

Key MetricsLive · as of 12 Jun 2026
the price tag

Valuation

Market Cap
₹2,719.07 Cr
P/E Ratio
good13.17
P/B Ratio
good1.17
EPS
30.6
the engine

Profitability

ROE
avg11.68%
ROCE
avg12%
Net Margin
good40.91%
Op Margin
good24.44%
the trajectory

Growth

EPS YoY
watch-36.2%
Revenue YoY
watch-23.6%
Qtr Sales
watch-13.2%
Qtr Profit
good62.1%
the balance sheet

Financial Health

Debt / Equity
watch4.27
Book Value
343.51
Div Yield
avg0.26%
Promoter Hold.
good55.9%
Financials

Marathon Nextgen Realty Ltd financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for Marathon Nextgen Realty Ltd, switchable between annual and quarterly views, consolidated or standalone.

Marathon Nextgen Realty Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹2,719.07 Cr and reported EPS of ₹30.60.

Period2017201820192020202120222023202420252026
Revenue from Operations
13
13
82
241
206
306
717
705
580
496
Other Income
57
57
1
8
18
38
42
41
96
142
Total Income
70
70
83
249
223
344
759
746
676
639
Cost of Goods Sold (COGS)
-262
-262
-13
15
12
190
427
419
-34
314
Gross Profit
275
275
95
226
193
116
289
285
614
182
+Operating Expenses
288
288
43
161
129
41
50
52
441
61
EBITDA
-13
-13
52
64
64
74
239
233
173
121
+Non-Operating Expenses
5
5
23
47
49
78
126
94
61
12
Profit Before Tax (PBT)
39
39
30
26
32
35
156
180
208
247
+Tax Expense
11
11
6
5
9
11
43
46
45
59
Profit After Tax (PAT)
39
39
32
25
16
39
124
169
191
206
Earnings Per Share (EPS)
6.81
8.42
6.84
5.23
3.30
8.45
26.70
32.53
36.43
30.10
Diluted Shares Outstanding (Nos.)
6
5
5
5
5
5
5
5
5
7
+Additional Disclosures
-220
-220
48
244
197
515
1,041
1,022
466
724
Sales Growth %
525.32
193.20
-14.76
48.91
134.09
-1.66
-17.67
-14.48
YoY Sales Growth %
525.32
193.20
-14.76
48.91
134.09
-1.66
-17.67
-14.48
Material Cost %
77
56
54
63
Employee Cost %
39
39
7
5
3
4
2
2
3
5
Other Cost %
2,153
2,153
45
62
60
10
5
5
73
8
OPM %
-98
-98
63
27
31
24
33
33
30
24
Tax %
27
27
20
21
28
33
28
26
22
24
Profit Growth %
-18.70
-20.81
-36.14
144.17
218.03
36.45
12.89
8.31
Gross Margin %
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
EBITDA Margin %
-0.00
-0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Interest Coverage Ratio
-0.00
-0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Additional Fields
-14
-14
50
59
58
71
236
230
170
119
all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

Marathon Nextgen Realty segment analysis: revenue and profit mix.

Disclosed business segments at Marathon Nextgen Realty with their share of revenue and profit, switchable between consolidated and standalone reporting.

Marathon Nextgen Realty discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Investment Thesis

Marathon Nextgen Realty Ltd investment thesis: bull case, bear case, and the flip lines.

Why someone would buy Marathon Nextgen Realty Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.

Marathon Nextgen Realty Ltd's investment case rests on 10 positive markers and 11 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Marathon Nextgen demonstrates robust quarterly profit growth, with a substantial 62.10% increase, signaling strong operational momentum and potential for continued financial success in the near term.

  • The company exhibits healthy profitability with a Return on Equity (ROE) of 13.20% and an Operating Profit Margin (OPM) of 27.00%, indicating efficient use of shareholder capital and effective cost management.

  • With a Price-to-Earnings (P/E) ratio of 19.70, Marathon Nextgen appears attractively valued compared to the sector P/E of 29.10, suggesting potential for a market re-rating and investor interest.

  • A significant promoter holding of 55.9% underscores strong management commitment and confidence in the company's long-term prospects, providing stability and reducing governance concerns.

  • The company shows efficient capital utilization with a Return on Capital Employed (ROCE) of 12.00%, reflecting its ability to generate profits effectively from its invested capital base.

bear case

What can break it.

  • Marathon Nextgen experienced a notable decline in quarterly sales, with a variance of -13.20%, which could signal challenges in revenue generation or market demand for its offerings.

  • Promoter holdings have seen a significant reduction, falling from 74.65% in June 2022 to 55.93% by September 2025, which might raise investor concerns about future dilutions or strategic shifts.

  • The company's debt-to-equity ratio stands at 0.47, indicating a moderate level of debt relative to equity. While manageable, it warrants monitoring to avoid increased financial risk.

  • Recent stock performance shows volatility, with declines of -0.76% on Oct 30, -0.60% on Oct 28, and -0.61% on Oct 27, suggesting market uncertainty and potential investor apprehension.

  • A price-to-book value of 2.64 suggests the market values the company significantly above its net asset value, potentially indicating overvaluation and reduced margin of safety for investors.

flip conditions

What would change my mind.

  • Trim if P/E re-rates above 17. The valuation cushion thins from there.

  • Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 4.77. Balance sheet risk re-prices growth multiples fast.

  • Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.

Shareholding

Marathon shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Marathon — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Loading shareholding data...

Peers

Marathon Nextgen Realty Ltd peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Marathon Nextgen Realty Ltd is highlighted for quick read-across.

Technicals

Marathon Nextgen Realty Ltd technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Marathon Nextgen Realty Ltd — derived from the live tape, not yesterday's close.

Marathon Nextgen Realty Ltd last traded at ₹402.85 with an intraday range of ₹388.65–₹408.9 — live indicator, pivot and CPR signals below.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹402.85
LevelPrice (₹)Distance% Δ
R4452.12+49.27+12.23%
R3431.87+29.02+7.20%
R2420.38+17.53+4.35%
R1411.62+8.77+2.18%
PIVOT400.13-2.72-0.67%
CURRENT402.85
S1350.87-51.98-12.90%
S2371.12-31.73-7.88%
S3379.88-22.97-5.70%
S4391.37-11.48-2.85%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 398.77P: 400.13TC: 401.49
R1
R2
R3
R4
indicator
LTP: 402.85
PDH: 395.00
PDL: 385.00
● Market Sentiment

MARATHON is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 388.65 ~ 396.8

● Price Position

Trading Above opening range, showing Bullishness

Delivery & Volume

Marathon Nextgen Realty Ltd delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Marathon Nextgen Realty Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Marathon Nextgen Realty Ltd stood at 67.9% of traded volume, against a 20-day average of 61.5%.

Avg Delivery (20D)61.5%+6.5 ppt latest vs avg
Highest Delivery77.5%on 09 Jun
Avg Volume (20D)68.1 K20-day run-rate
Conviction Trend↑ Strengthening+6.5 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

Marathon Nextgen Realty announcements: results, concalls, ratings, M&A.

Filings Marathon Nextgen Realty sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Marathon Nextgen Realty files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 91 documents below.

  1. 04 Jun 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Marathon Nextgen Realty Limited has informed the Exchange about Copy of Newspaper Publication for the Notice to Shareholders regarding Re-lodgement…

  2. 29 May 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Marathon Nextgen Realty Limited has informed the Exchange about Copy of Newspaper Publication of Audited Financial Results of the Company for the 4th…

  3. 09 Apr 2026Certificate under SEBI (Depositories and Participants) Regulations, 2018View PDF

    Certificate under SEBI (Depositories and Participants) Regulations, 2018

    Marathon Nextgen Realty Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018, for the…

  4. 01 Apr 2026Press ReleaseView PDF

    Press Release

    Marathon Nextgen Realty Limited has informed the Exchange regarding a press release dated April 01, 2026, titled "Marathon Acquires Three Real Estate…

  5. 31 Mar 2026Scheme of ArrangementView PDF

    Scheme of Arrangement

    The Company is pleased to inform that it has received from NSE observation letter dated March 30, 2026 with no adverse objection for the Scheme of…

Insider Activity

Marathon Nextgen Realty insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in Marathon Nextgen Realty as reported to SEBI — buying and selling signals from the people who know the business best.

Marathon Nextgen Realty insider activity below tracks 43 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
Ansuya Ramniklal ShahInsider25 Mar 2026buy+20.0 K₹83.97 L₹419.83
Ansuya Ramniklal ShahInsider25 Mar 2026buy+20.0 K₹83.97 L₹419.83
Ansuya Ramniklal ShahInsider25 Mar 2026buy+20.0 K₹83.97 L₹419.83
Ansuya Ramniklal ShahInsider24 Mar 2026buy+20.0 K₹83.06 L₹415.29
Ansuya Ramniklal ShahInsider24 Mar 2026buy+20.0 K₹83.06 L₹415.29
Ansuya Ramniklal ShahInsider24 Mar 2026buy+20.0 K₹83.06 L₹415.29
Ansuya Ramniklal ShahInsider23 Mar 2026buy+8.4 K₹33.62 L₹399.64
Ansuya Ramniklal ShahInsider23 Mar 2026buy+8.4 K₹33.62 L₹399.64
Ansuya Ramniklal ShahInsider23 Mar 2026buy+8.4 K₹33.62 L₹399.64
Ansuya Ramniklal ShahInsider20 Mar 2026buy+25.0 K₹1.05 Cr₹418.83
Corporate Actions

Marathon Nextgen Realty dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Marathon Nextgen Realty has declared, sequenced by announce and record date.

Marathon Nextgen Realty corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About Marathon Nextgen Realty Ltd: business, sector, key facts.

What Marathon Nextgen Realty Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Marathon Nextgen Realty Ltd operates in the Real Estate, listed as NSE: MARATHON, BSE: 503101.

MARATHON
Real Estate

Marathon Nextgen Realty Ltd

NSE · MARATHON·BSE · 503101·marathon.in/nextgen

Marathon Nextgen Realty Limited is an Indian real estate company primarily focused on the construction, development, and sale of both commercial and residential properties. Established in 1969 and headquartered in Mumbai, the company operates within the competitive Indian real estate market, contributing to the nation's ongoing infrastructural development and housing needs. Their projects encompass a range of property types, catering to diverse customer segments seeking various forms of real estate investment.

The company's business model revolves around identifying suitable land parcels, obtaining necessary approvals and permits, designing and constructing buildings, and ultimately selling completed units to individual buyers or commercial entities. This involves a complex process of land acquisition, project planning, securing financing, overseeing construction, marketing and sales, and managing post-sale customer relations. Success in this model hinges on factors such as efficient project management, effective marketing strategies, precise financial planning, and favorable market conditions.

Marathon Nextgen Realty Limited's operations are significantly influenced by prevailing economic conditions within India. Fluctuations in interest rates, government policies concerning real estate, and the overall economic climate directly affect demand for properties, influencing both pricing and sales volumes. The company's long-standing presence in the market, since 1969, suggests a degree of resilience and adaptability to changing circumstances within the industry.

As a subsidiary of Marathon Realty Pvt. Ltd., Marathon Nextgen Realty Limited benefits from access to resources and expertise within the larger parent company. This affiliation likely provides strategic advantages in areas like funding, property acquisition, and potentially operational synergies. However, the specifics of this relationship and the degree of autonomy enjoyed by the subsidiary are not publicly detailed in the provided information.

In summary, Marathon Nextgen Realty Limited's core business is the development and sale of commercial and residential real estate within India. Their operations encompass the entire lifecycle of a real estate project, from land acquisition through to final sale, with ongoing success dependent on navigating the complexities of the Indian real estate market and effectively leveraging resources and expertise within its corporate structure.

company facts
Founded / IPO
Employees
SectorReal Estate
HeadquartersMumbai, India
Market Cap₹2,719.07 Cr
Listed OnNSE
leadership16 on record
Mr. Ashwin Thakker
Non-Executive Independent Director
Mr. Atul Mehta
Non-Executive Independent Director
Mr. Chetan Ramniklal Shah B.Tech, M.S. (USA)
Chairman & MD
Mr. Chetan Shah
Executive Chairman of the Board, Managing Director
Mr. Deepak Ramkrishna
Assistant General Manager of Marketing
Mr. Deepak Shah
Non-Executive Independent Director
Mr. Kaivalya Chetan Shah
Head of Projects & Whole-Time Director
Mr. Mayur Ramniklal Shah B.E, M.S. (USA)
President & VC
Mr. Mayur Shah
Non-Executive Vice Chairman of the Board
Mr. Parmeet Mayur Shah
Head of Project
Mr. Samyag Mayur Shah
Head of Projects & Whole-Time Director
Mrs. Parul Shah
Non-Executive Independent Director
§ ∞ · Plainly Answered

Questions investors ask about Marathon Nextgen Realty Ltd (MARATHON).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Marathon Nextgen Realty Ltd (MARATHON)?

The current share price of Marathon Nextgen Realty Ltd (MARATHON) is ₹402.85. Today, the stock has gained by ₹14.55 (3.75%), trading in a range of ₹388.65 to ₹408.9. The stock opened at ₹395.3 with a trading volume of 54,989 shares.

02Is Marathon Nextgen Realty Ltd stock a good investment for long-term?

Marathon Nextgen Realty Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹2,719.07 crores, P/E ratio of 13.17, ROE of 11.68%, and ROCE of 12.00%. The dividend yield stands at 0.26%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Marathon Nextgen Realty Ltd stock?

The 52-week high price of Marathon Nextgen Realty Ltd (MARATHON) is ₹0, while the 52-week low is ₹0. Currently trading at ₹402.85, the stock is Infinity% away from its 52-week low and -Infinity% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Marathon Nextgen Realty Ltd stock at the current price?

Whether to buy Marathon Nextgen Realty Ltd stock at ₹402.85 depends on multiple factors. The stock is currently trading with a P/E ratio of 13.17 and P/B ratio of 1.17. Today's performance shows a gain of 3.75%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Marathon Nextgen Realty Ltd and when is the next dividend?

Marathon Nextgen Realty Ltd offers a dividend yield of 0.26%, which means for every ₹100 invested at the current price of ₹402.85, you can expect to receive approximately ₹0.26 annually as dividends. The face value of the stock is ₹5.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Marathon Nextgen Realty Ltd?

Marathon Nextgen Realty Ltd's key financial metrics include: P/E Ratio: 13.17, P/B Ratio: 1.17, ROE: 11.68%, ROCE: 12.00%, Dividend Yield: 0.26%, EPS: ₹30.60, Book Value: ₹343.51, and Debt-to-Equity: 4.27. The company's market cap stands at ₹2,719.07 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Marathon Nextgen Realty Ltd stock performing today in the market?

Marathon Nextgen Realty Ltd stock opened at ₹395.3 and is currently trading at ₹402.85, showing a gain of ₹14.55 (3.75%). The intraday high is ₹408.9 and low is ₹388.65. The trading volume stands at 54,989 shares, indicating moderate market participation today.

08What is the P/E ratio of Marathon Nextgen Realty Ltd and what does it indicate?

Marathon Nextgen Realty Ltd has a Price-to-Earnings (P/E) ratio of 13.17, which means investors are willing to pay ₹13.17 for every ₹1 of earnings. With an EPS of ₹30.60, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Marathon Nextgen Realty Ltd (MARATHON) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.