Marathon NextGen Realty
545.15
+1.65(+0.30%)
Market Cap₹- Cr
PE Ratio-
IndustryRealty
Company Performance:
1D+0.30%
1M-9.10%
6M+0.03%
1Y-8.14%
5Y+567.26%
View Company Insightsright
More news about Marathon NextGen Realty
23Oct 25
Marathon Nextgen Realty and Adani Realty Join Forces for ₹3,400 Crore Mumbai Commercial Project
Marathon NextGen Realty and Adani Realty have announced a joint venture to develop one of Mumbai's largest commercial projects. The project has a Gross Development Value (GDV) of ₹3,400 crore, signifying a substantial investment in Mumbai's commercial real estate market. This collaboration is expected to add significant premium office space to the city's inventory, potentially attracting major corporations and boosting the local economy.
20Oct 25
Marathon Nextgen Realty and Adani Realty Join Forces for ₹3,400 Crore Commercial Project in Mumbai
Marathon NextGen Realty Limited (MNRL) has partnered with Adani Realty to develop Monte South Commercial, a significant office and retail project in Byculla, Mumbai. The project, part of a larger mixed-use development, will cover approximately 1.2 million sq.ft. with an estimated gross development value of ₹3,400 crore. It aims to create a comprehensive live-work ecosystem, featuring Grade-A offices and premium retail zones. The commercial project complements the existing Monte South residential development, which includes four towers in various stages of completion. This joint venture is expected to strengthen Marathon's commercial portfolio in South Mumbai and set new benchmarks for the area's business landscape.
08Oct 25
Navi Mumbai Airport Set to Create 1 Lakh Jobs, Boost Regional Development
Prime Minister Narendra Modi is set to inaugurate Phase 1 of the Navi Mumbai International Airport (NMIA) on October 8. The Rs 19,650.00 crore project, built under a Public-Private Partnership model, is expected to create nearly 100,000 jobs and boost regional development. NMIA will have an annual passenger capacity of 90 million and can handle 3.25 million metric tonnes of cargo. The airport features sustainable infrastructure, including 47 MW solar power generation, EV bus services, and India's first water taxi connectivity for an airport. Operating alongside Mumbai's existing airport, NMIA aims to enhance air connectivity and alleviate congestion in the region.
19Aug 25
Marathon NextGen Realty Reports Robust Q1 Results with 63% PAT Surge
Marathon NextGen Realty, a key player in Mumbai's real estate market, reported impressive Q1 financial results. Total income grew 10% to ₹191.00 crores, EBITDA increased 27% to ₹81.00 crores, and PAT surged 63% to ₹62.00 crores. Operational metrics showed robust growth with area sold up 7%, pre-sales value up 16% to ₹183.00 crores, and collections up 28% to ₹239.00 crores. The company successfully raised ₹900.00 crores through a QIP, using ₹340.00 crores for debt repayment, achieving a zero debt-to-equity ratio. Marathon NextGen Realty received occupation certificates for three towers at its Nexzone Panvel project and maintains leading positions in key micro-markets. The company has a strong pipeline of upcoming launches totaling approximately 15 lakh sq ft with a GDV of ₹4,500.00 crores over the next 2-3 quarters.
13Aug 25
Marathon NextGen Realty Reports 63% PAT Growth, Raises ₹900 Crore via QIP
Marathon NextGen Realty, a Mumbai-based real estate developer, reported strong Q1 results with a 63% year-on-year increase in PAT to ₹62 crore. Revenue reached ₹191 crore, while EBITDA rose 27% to ₹81 crore. The company successfully completed a ₹900 crore QIP, using ₹340 crore for debt repayment, ₹160 crore for accelerating construction, and ₹300 crore for new development opportunities. Operational metrics showed improvements with 77,759 sq. ft. area sold and ₹183 crore booking value. The company's strategic focus and Mumbai real estate expertise position it for future growth.
11Aug 25
Marathon NextGen Realty Reports Strong Q1 Results, Schedules AGM and Amends Merger Scheme
Marathon NextGen Realty Limited announced robust Q1 financial results with consolidated revenue of ₹14,081.47 lakhs and net profit of ₹6,157.33 lakhs. The company successfully completed a Qualified Institutional Placement (QIP) raising ₹89,999.99 lakhs by issuing 1,62,12,406 equity shares at ₹555.13 per share. Following the QIP, the company amended its Composite Scheme of Amalgamation and Arrangement, revising share exchange ratios. The shareholding pattern changed significantly, with promoter holding decreasing to 55.92% and public holding increasing to 44.08%. The company's 48th Annual General Meeting is scheduled for September 24.
31Jul 25
Marathon Realty Releases NDU on 26.1 Million Shares of Marathon NextGen Realty
Marathon Realty Private Limited, the major shareholder of Marathon NextGen Realty, has released 26,116,151 shares (38.74% of total share capital) from a non-disposal undertaking (NDU). This release follows the repayment of a loan to Piramal Capital and Housing Finance Limited, effective July 23, 2025. Marathon Realty Private Limited retains a 51.15% stake (34,482,646 shares) in Marathon NextGen Realty. The revised disclosure was submitted to stock exchanges in compliance with SEBI regulations.
25Jul 25
Marathon Realty Releases Non-Disposal Undertaking on 38.74% Stake in Marathon NextGen Realty
Marathon Realty Private Limited (MRPL) has released a non-disposal undertaking (NDU) on 26,116,151 shares (38.74%) of Marathon NextGen Realty Limited (MNRL) on July 23, 2025. This action increases MRPL's unencumbered stake in MNRL to 51.15% (34,482,646 shares). The NDU was previously held with Piramal Capital and Housing Finance Limited as the lender. The release complies with SEBI regulations and clarifies MRPL's March 2025 statement about not pledging its MNRL shareholding.
07Jul 25
Marathon NextGen Realty Shares Surge 3.57% Amid Bulk Deals by Nomura and NECTA Bloom
Marathon NextGen Realty's stock closed at Rs 691.80, up 3.57%, despite major bulk deals. Nomura Singapore sold 4.4 lakh shares at Rs 670.11 each, totaling over Rs 29.48 crore. NECTA Bloom VCC - NECTA Bloom One sold 3.6 lakh shares, amounting to approximately Rs 24.12 crore. The stock's resilience in the face of institutional selling suggests strong market interest.
01Jul 25
Marathon NextGen Secures ₹900 Crore Through Successful QIP
Marathon NextGen Realty has successfully completed a Qualified Institutional Placement (QIP), raising ₹900 crore. The company sold 1.62 crore shares to qualified institutional buyers at ₹555.13 per share. This fundraising is expected to strengthen the company's financial position, potentially enabling expansion of existing projects, acquisition of new land parcels, debt reduction, and other corporate purposes. The successful QIP demonstrates strong investor confidence in Marathon NextGen Realty and its ability to effectively access capital markets.
24Jun 25
Marathon NextGen Realty Ltd Launches ₹900 Crore QIP at 12% Discount
Marathon NextGen Realty Ltd has announced a Qualified Institutional Placement (QIP) to raise ₹900 crore. Shares are offered at ₹555.12 each, a 12% discount to the floor price of ₹584.34. The funds will be allocated for subsidiary investment (₹160 crore), debt repayment (₹340 crore), land acquisition (₹300 crore), and general corporate purposes (₹100 crore). This move aims to strengthen the company's financial position, reduce debt, expand land bank, and support growth initiatives in the real estate sector.
Marathon NextGen Realty
545.15
+1.65
(+0.30%)
1 Year Returns:-8.14%
Industry Peers
VR Infraspace
175.00
(0.0%)
BDR Buildco
87.65
(0.0%)
Anant Raj
540.35
(-2.35%)
Mason Infratech
205.95
(+0.19%)
Raymond
466.45
(-0.33%)
Puravankara
238.74
(-0.43%)
PVP Ventures
34.18
(-2.01%)
Ashiana Housing
297.60
(+0.24%)
Alembic
102.74
(+0.14%)