MARATHONNSEMarathon Nextgen Realty LimitedMediumNeutral
Announced Mon, 23 Feb · 15:33 IST

Marathon Nextgen Realty Limited has informed the Exchange about Transcript of Q3 & 9M FY26 Earnings Conference Call held on Tuesday, February 17, 2026.

Promoter Disclosed Acquisition PlansCfo Debt Reduction RoadmapInvestor Communications View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Marathon Nextgen Realty reported its highest ever 9-month profit after tax of INR 161 crores, with total revenue of INR 487 crores for 9M FY26. 9-month area sales stood at ~1.8 lakh sq ft, booking value at INR 421 crores, and collections at INR 578 crores; on a post-merger basis these rise to 2.46 lakh sq ft, INR 628 crores, and INR 798 crores respectively. Management highlighted a net debt-free balance sheet, with debt reduced to near zero and only ~INR 20 crores of car/equipment loans remaining. Key project updates include 224,000 sq ft of ready inventory in Marathon Futurex (Lower Parel) with ~10% YoY rise in realizations, Monte South Tower B OC up to 45th floor, and Nexzone Panvel Phase 3 launch (~4.9 lakh sq ft, GDV ~INR 600 crores). The pending amalgamation will add ~400 acres of land across Panvel, Dombivli, and Bhandup, with SEBI approval at the final stage. Revenue mix for 9M FY26 was ~60% residential and 40% commercial.

Likely market impact

Strong earnings momentum, a debt-free balance sheet, and a robust project pipeline (including the upcoming 400-acre merger) signal healthy growth runway for shareholders. Investors should watch for SEBI/NCLT clearance of the amalgamation and timing of redevelopment project announcements, which could materially expand the company's development footprint.