BSECompany Update6d ago · 8 Aug 2026, 01:18 pm
Please find attached Press Release on Financial Results for the first quarter ended June 30, 2026
Marathon Nextgen Realty Ltd · 503101
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Marathon Nextgen Realty Ltd announced its financial results for the first quarter ended June 30, 2026, with revenue rising to a multi-quarter high of ₹217 crore and PAT remaining strong at ₹52 crore.
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Growth Catalyst6/10
Governance Concern1/10
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Marathon Nextgen Realty Ltd - 503101 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Date: August 8, 2026
BSE Limited, NSE Limited,
Listing Department, Listing Department,
P.J. Towers, Dalal Street, Exchange Plaza, Plot No. C/1, G Block,
Mumbai – 400001. BKC, Bandra (East), Mumbai – 400051.
Scrip Code: 503101 NSE Symbol: MARATHON
Subject: Press Release – Financial results for the first quarter ended June 30, 2026.
Dear Sir/Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a copy of the
Press release on the Unaudited Financial Results (Standalone and Consolidated) of the
Company for the first quarter ended June 30, 2026.
The copy of Press Release shall be uploaded on the Company's website viz.,
https://marathon.in/nextgen/
This is for your information and record.
Thanking you,
For Marathon Nextgen Realty Limited,
Yogesh Patole
Company Secretary and Compliance Officer
M.No.:- A48777
Encl: as above
BSE: 503101 | NSE: MARATHON | ISIN: INE182D01020 | SECTOR: REAL ESTATE
Quarterly Earnings Release | Q1 FY27
Mumbai, August 08, 2026: Marathon Nextgen Realty Ltd., one of the leading real estate
company engaged in the development of residential and commercial projects, announced its
financial results for the first quarter ended June 30, 2026.
Revenue Rises to Multi-Quarter High of ₹217 Crore; PAT
Remains Strong at ₹52 Crore
Commenting on the Company’s performance, Mr. Chetan Shah, Chairman & Managing
Director, Marathon NextGen Realty Limited (MNRL), said, “We have commenced FY27 on a
healthy note with another quarter of profitable growth, supported by disciplined execution across
our portfolio. The quarter reflects the resilience of our business model, with strong profitability,
healthy collections and steady operational progress, while maintaining our net debt-free balance
sheet and financial flexibility.
Execution continues to remain our foremost priority. During the quarter, we achieved full
Occupancy Certificates for the Cedar and Daffodil towers at Nexzone, an important milestone
that enables customer handovers and supports future collections. Construction activity across
our key developments at Monte South, Bhandup and Nexzone continues to progress as planned,
reflecting our consistent focus on timely delivery and operational excellence.
We also strengthened our long-term development pipeline by adding two redevelopment
projects in Versova and Sewri, totaling to a GDV of Rs.900 crore. These additions reinforce our
strategy of expanding through selective redevelopment opportunities in well-connected Mumbai
micro-markets while maintaining a disciplined approach to capital allocation.
The Mumbai real estate market continues to demonstrate resilience, supported by sustained end-
user demand, improving infrastructure and ongoing urban transformation across the MMR
region. We believe these structural drivers, combined with our diversified portfolio across
residential and commercial developments, position us well to capitalise on future opportunities.
Looking ahead, our priorities remain unchanged—timely execution of our existing projects,
disciplined capital deployment, expansion of our redevelopment platform, building our PTC sales
portfolio as an additional growth vertical, and continued focus on creating sustainable long-term
value for our shareholders. With a strong balance sheet, an expanding project pipeline and a
proven execution track record, we remain confident about Marathon’s growth trajectory in the
years ahead.”
BSE: 503101 | NSE: MARATHON | ISIN: INE182D01020 | SECTOR: REAL ESTATE
Quarterly Earnings Release | Q1 FY27
Operational Highlights
Q1 FY27
Metric
Existing Portfolio Merged Portfolio
Area Sold 0.38 Lakh Sq.Ft. 0.46 Lakh Sq.Ft.
Booking value (registered) ₹86 Cr ₹108 Cr
Collections ₹118 Cr ₹146 Cr
Note: Data based on Carpet Area/ *Based on 40% revenue share for Monte South project
Consolidated Financial Performance
Metric Q1 FY27
Total Revenues ₹ 217crore
EBITDA ₹ 66 crore
Profit After Tax (PAT) ₹ 52 crore
Net Debt
Remained net debt-free, with a positive net cash position
BSE: 503101 | NSE: MARATHON | ISIN: INE182D01020 | SECTOR: REAL ESTATE
Quarterly Earnings Release | Q1 FY27
About Marathon NextGen Realty Ltd.
For over 56 years now, Marathon Group has been helping shape Mumbai’s skyline. Founded in 1969 by
Ramniklal Zaverbhai Shah, the Group has completed over 100 projects in the city with a portfolio
encompassing townships, affordable housing, luxury residential, retail, small business spaces, and
corporate parks. Marathon is design-driven and engineering-focused with a leadership team comprising
of technocrats. Mr. Chetan Shah, Chairman & Mr. Mayur Shah, Vice-Chairman, have completed their
engineering from US and the third generation of the company comprising of the three head of project
–Mr. Kaivalya Shah, Mr. Parmeet Shah, and Mr. Samyag Shah are highly qualified having completed their
education from US and bring years of real estate experience. Marathon has strong in-house capabilities
in design, engineering, execution, marketing, and sales and prides itself on its transparency, customer-
centricity and is among one of the most trusted Developers. The Group has ongoing projects at Lower
Parel, Byculla, Mulund, and land banks at Bhandup, Thane, Dombivli and Panvel.
More information is available at https://www.marathonnextgen.com/
For further information, please contact:
Marathon NextGen Realty Ltd Strategic Growth Advisors Pvt. Ltd.
Mr. Avinash Tanawade Mr. Rahul Agarwal / Mr. Aseem Kohli
Investor Relations Investor Relations Advisors:
P: +91 22 6724 8484/ + 91 9870715789 P: +91 9821438864 / +91 8708372029
Email: avinash.tanawade@marathonrealty.com Email: rahul.agarwal@sgapl.net /
aseem.kohli@sgapl.net
DISCLAIMER:
Some of the statements in this communication may be ‘forward-looking statements within the meaning
of applicable laws and regulations. Actual results might differ substantially from those expressed or
implied. Important developments that could affect the company’s operations include changes in the
industry structure, significant changes in the political and economic environment in India and overseas,
tax laws, duties, litigation, and labour relations.