MARATHONNSEMarathon Nextgen Realty LimitedMediumNeutral
Announced Tue, 19 Aug · 18:06 IST

Marathon Nextgen Realty Limited has informed the Exchange about Transcript of Conference Call held on August 12, 2025

Mgmt Guided Margin ImprovementPromoter Disclosed Acquisition PlansOrder Pipeline DisclosedCfo 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 posted strong Q1 FY26 results with pre-sales up 16% to INR183 crores, collections up 28% to INR239 crores, and PAT surging 63% YoY to INR62 crores on total income of INR191 crores and EBITDA of INR81 crores (~27% margin). The company raised INR900 crores via QIP in June, using INR340 crores to repay debt (saving INR40 crores annually in interest) and bringing net debt to zero. INR300 crores is earmarked for new land acquisitions, with a clear focus on redevelopment in South Mumbai. Management disclosed a launch pipeline of ~15 lakh sq ft worth INR4,500 crores in the next 2-3 quarters, including a INR3,500 crore commercial project at Lower Parel. The parent company merger, which will add 418 acres of land and 4.2 crore sq ft of carpet area potential, is expected to complete in 12-15 months.

Likely market impact

Strong Q1 execution combined with a debt-free balance sheet and INR4,500 crore near-term launch pipeline should support the stock. The pending merger significantly expands the land bank and future revenue potential, while asset-light JD/JV/DM strategies in South Mumbai could enhance return ratios. Promoter holding rises to ~74.3% post-merger, indicating strong insider commitment.