Marathon Nextgen Realty Limited has informed the Exchange about Investor Presentation
MARATHON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Marathon Nextgen Realty filed its FY25 investor presentation sharing audited consolidated results. Total income stood at ₹67,640.37 lakhs and revenue from operations at ₹58,013.53 lakhs. EBITDA grew to ₹26,931.48 lakhs with margin expanding to 39.82% (vs 36.75% in FY24), and PAT jumped to ₹19,053.13 lakhs with margin at 28.17% (vs 22.63%). The company sold 2,65,376 sq.ft of area at a booking value of ₹60,502.70 lakhs and collected ₹52,363.87 lakhs. Net debt fell sharply to ₹54,212.18 lakhs from ₹75,057.77 lakhs, with debt-to-equity improving to 0.46x and cost of debt easing to 12.3%. The Board also approved amalgamation of promoter group entities into MNRL, giving it access to an additional 418-acre land bank across Panvel, Bhandup and Dombivli.
Strong margin expansion, significant debt reduction, and the proposed promoter group merger expanding the land bank are positive signals for shareholders, likely to support the stock on the back of cleaner financials and a much larger future development pipeline.