Marathon Nextgen Realty Ltd
Marathon Nextgen Realty Ltd was incorporated in 1978. It is primarily engaged in the business of construction, development and sale of commercial and residential real estate projects. The co. is entering into new areas like SEZs, townships, infrastructure development, entertainment and leisure, education, hospitality and the capital markets. [1] [2]
- Market Cap ₹ 2,551 Cr.
- Current Price ₹ 498
- High / Low ₹ 737 / 338
- Stock P/E 18.8
- Book Value ₹ 212
- Dividend Yield 0.20 %
- ROCE 14.9 %
- ROE 13.1 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 31.6% CAGR over last 5 years
Cons
- Promoters have pledged 91.5% of their holding.
- Earnings include an other income of Rs.110 Cr.
- Debtor days have increased from 30.9 to 53.0 days.
- Working capital days have increased from 444 days to 664 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Realty Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
30 | 23 | 197 | 193 | 69 | 81 | 81 | 54 | 158 | 445 | 345 | 242 | |
24 | 18 | 137 | 136 | 26 | 29 | 28 | 8 | 93 | 245 | 170 | 149 | |
Operating Profit | 5 | 5 | 60 | 57 | 43 | 52 | 53 | 47 | 65 | 200 | 175 | 93 |
OPM % | 18% | 22% | 31% | 29% | 62% | 65% | 66% | 86% | 41% | 45% | 51% | 39% |
42 | 48 | 51 | 55 | 1 | 11 | 19 | 23 | 19 | 36 | 65 | 110 | |
Interest | 0 | 0 | 0 | 0 | 5 | 21 | 29 | 31 | 50 | 97 | 70 | 39 |
Depreciation | 0 | 0 | 0 | 0 | 1 | 2 | 5 | 5 | 3 | 3 | 3 | 2 |
Profit before tax | 47 | 53 | 111 | 112 | 39 | 40 | 39 | 34 | 31 | 137 | 167 | 161 |
Tax % | 23% | 27% | 21% | 21% | 20% | 15% | 11% | 16% | 30% | 24% | 19% | 16% |
36 | 38 | 87 | 88 | 31 | 34 | 34 | 28 | 22 | 105 | 136 | 136 | |
EPS in Rs | 6.41 | 6.75 | 15.29 | 15.46 | 6.72 | 7.44 | 7.48 | 6.18 | 4.71 | 22.69 | 26.50 | 26.51 |
Dividend Payout % | 26% | 30% | 3% | 3% | 30% | 7% | 0% | 0% | 11% | 4% | 4% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | 26% |
5 Years: | 24% |
3 Years: | 15% |
TTM: | -30% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 32% |
3 Years: | 84% |
TTM: | 0% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 63% |
3 Years: | 50% |
1 Year: | 17% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 11% |
3 Years: | 14% |
Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 19 | 19 | 28 | 28 | 23 | 23 | 23 | 23 | 23 | 23 | 26 | 26 |
Reserves | 498 | 522 | 598 | 683 | 554 | 577 | 608 | 637 | 660 | 780 | 957 | 1,062 |
0 | 0 | 0 | 11 | 208 | 310 | 331 | 410 | 716 | 552 | 363 | 257 | |
23 | 22 | 8 | 8 | 128 | 123 | 131 | 51 | 77 | 73 | 101 | 52 | |
Total Liabilities | 540 | 564 | 635 | 731 | 913 | 1,033 | 1,093 | 1,121 | 1,477 | 1,429 | 1,447 | 1,397 |
1 | 1 | 0 | 0 | 105 | 114 | 161 | 155 | 153 | 150 | 149 | 98 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 126 | 126 | 1 | 0 | 3 | 141 | 223 | 222 | 452 | 234 | 309 | 338 |
413 | 437 | 634 | 730 | 804 | 778 | 709 | 744 | 872 | 1,045 | 989 | 960 | |
Total Assets | 540 | 564 | 635 | 731 | 913 | 1,033 | 1,093 | 1,121 | 1,477 | 1,429 | 1,447 | 1,397 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
17 | 0 | -52 | -56 | 169 | 21 | 58 | -90 | 109 | 241 | 167 | 14 | |
-0 | 14 | 64 | 45 | -198 | -99 | -16 | 59 | -355 | 14 | 44 | 138 | |
-22 | -11 | -14 | 8 | 40 | 70 | -43 | 32 | 256 | -246 | -228 | -151 | |
Net Cash Flow | -5 | 3 | -2 | -3 | 11 | -9 | -2 | 0 | 10 | 9 | -17 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 21 | 11 | 128 | 497 | 0 | 4 | 12 | 51 | 21 | 19 | 21 | 53 |
Inventory Days | 333 | 790 | 383 | 65 | 3,721 | 1,055 | 599 | |||||
Days Payable | 12 | 47 | 4 | 5 | 221 | 55 | 31 | |||||
Cash Conversion Cycle | 342 | 754 | 507 | 556 | 0 | 4 | 12 | 51 | 3,521 | 1,019 | 21 | 621 |
Working Capital Days | -70 | -163 | 385 | 558 | 557 | 912 | 799 | 3,101 | 952 | 302 | 364 | 664 |
ROCE % | 9% | 10% | 19% | 17% | 6% | 7% | 7% | 6% | 7% | 17% | 18% | 15% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
8h - Extract of Audited Financial Results (Standalone and Consolidated) for the fourth quarter and year ended March 31, 2025.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
21h - Investor Presentation on Audited Financials Results (Standalone and Consolidated) of the Company for the fourth quarter and year ended March 31, 2025.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Audio recording of May 22 analyst conference call uploaded on company website.
-
Announcement under Regulation 30 (LODR)-Change in Management
1d - Audited FY25 financials approved; 20% final dividend recommended; auditor and management appointments; scheme amendment.
- Results - Audited Financial Results (Standalone And Consolidated) 1d
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Concalls
-
May 2025TranscriptNotesPPT
-
Nov 2024Transcript PPT
-
Aug 2024TranscriptPPT
-
Jun 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Aug 2023Transcript PPT
-
May 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Nov 2022TranscriptNotesPPT
Real estate portfolio[1]
The company's portfolio includes commercial, luxury residential, townships, affordable housing and retail.