Marathon Nextgen Realty Share Price

Conference Call with Marathon Nextgen Realty Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.

• Trendlyne
• 1 week 3 days ago

Realty company Marathon Nextgen Realty announced Q4FY26 & FY26 results Standalone Financial Highlights: Revenue from Operations: For Q4FY26, revenue from operations was Rs 6,821.27 lakh, compared to Rs 2,194.08 lakh in Q3FY26 (a growth of 210.90% QoQ) and Rs 7,370.22 lakh in Q4FY25 (a decline of 7.45% YoY). For the full year FY26, revenue from operations was Rs 17,678.00 lakh, compared to Rs 24,194.22 lakh in FY25 (a decline of 26.93% YoY). Profit for the Period (PAT): For Q4FY26, PAT was Rs 5,928.40 lakh, compared to Rs 2,787.20 lakh in Q3FY26 (a growth of 112.70% QoQ) and Rs 4,097.73 lakh in Q4FY25 (a growth of 44.67% YoY). For the full year FY26, PAT stood at Rs 18,953.81 lakh, compared to Rs 13,576.00 lakh in FY25 (a growth of 39.61% YoY). Consolidated Financial Highlights: Revenue from Operations: For Q4FY26, consolidated revenue from operations was Rs 11,354.63 lakh, compared to Rs 12,490.25 lakh in Q3FY26 (a decline of 9.09% QoQ) and Rs 14,858.27 lakh in Q4FY25 (a decline of 23.58% YoY). For the full year FY26, consolidated revenue was Rs 49,611.56 lakh, compared to Rs 58,013.53 lakh in FY25 (a decline of 14.48% YoY). Profit for the Period (PAT): For Q4FY26, consolidated PAT was Rs 4,552.25 lakh, compared to Rs 3,272.67 lakh in Q3FY26 (a growth of 39.10% QoQ) and Rs 5,422.75 lakh in Q4FY25 (a decline of 16.05% YoY). For the full year FY26, consolidated PAT stood at Rs 20,635.83 lakh, compared to Rs 19,053.13 lakh in FY25 (a growth of 8.31% YoY). Business Highlights: Segment Performance: The company operates in a single segment, i.e., business of real estate; therefore, no separate segment reporting is required. Dividend: The Board of Directors has recommended a final dividend of 20% i.e., Re 1.00 per equity share on the face value of Rs 5/- each for the financial year ended March 31, 2026, subject to the approval of shareholders at the 49th Annual General Meeting. Corporate Developments: The Board noted that the company has received "No objection certificates" from the stock exchanges regarding the Composite Scheme of Amalgamation among Matrix Water Management Private Limited, Sanvo Resorts Private Limited, Marathon Realty Private Limited, Matrix Enclaves Projects Developments Private Limited, Matrix Land Hub Private Limited, and Marathon Nextgen Realty Limited. The scheme is subject to the approval of the NCLT, shareholders, and creditors. The company reported that out of the total proceeds of the Qualified Institutional Placement (QIP) of Rs 89,999.93 lakh, an amount of Rs 6,402.82 lakh has been utilized as of March 31, 2026. During the quarter, the company acquired controlling stakes in Sunsets Spaces Private Limited, Nexzone IT Infrastructure Private Limited, DVK Developers Private Limited, Shree S S Developers Private Limited, and M/s Shree Swami Samarth Builders. Chetan Shah, Chairman & Managing Director, Marathon NextGen Realty, said: “FY26 has been a truly transformational year for Marathon NextGen Realty. I am proud to share that the Company has reported its highest-ever profit in its history, with a PAT of Rs 206 crore — a milestone that reflects our consistent focus on operational efficiency and margin improvement. We have made significant strides across every dimension of our business — strengthening our balance sheet, simplifying our corporate structure, expanding our development platform, and creating strong visibility for the next phase of long-term growth. On the business performance front, pre-sales remain healthy, primarily driven by our commercial portfolio — Marathon Futurex — which delivered an impressive 30% YoY growth, backed by strong absorption and robust leasing activity. This performance reaffirms the demand for quality commercial spaces in Lower Parel. Furthermore, collections for the year stood at Rs 781 crore, mainly driven by construction progress across our portfolio including Monte South, Nexzone and Bhandup projects — reflecting strong on-ground execution by our teams. During the year, we also expanded our residential offering with the launch of Nexzone Phase 3, carrying a GDV of Rs 600 crore, and a new projects in Bhandup under our Neohome portfolio with a GDV of Rs 370 crore — both of which have receiving an encouraging market response. On the capital markets front, our successful QIP raised approximately Rs 900 crore, which has significantly enhanced our financial flexibility. Of this, Rs 340 crore has been deployed towards debt repayment, and further supported by strong collections from key projects such as Marathon Futurex, Nexzone, and other projects in Bhandup, enabling us to achieve a net cash position — a strong foundation from which to pursue our next phase of growth. During the year, we also received NOC (or 'no adverse observations') from both BSE and NSE on our proposed Scheme of Amalgamation and Arrangement, marking a steady step forward in our ongoing restructuring journey. We have also made meaningful progress on expanding our development footprint through the acquisition of controlling interests in three real estate entities, adding six residential projects in the Kanjurmarg micro-market with an expected GDV of over Rs 840 crore. A substantial portion of these projects are slated for launch within the next twelve months, providing strong near-term revenue visibility. Furthermore, a sizeable portion of the acquired project area has been earmarked for the Permanent Transit Camp (PTC) segment, enabling B2B demand, faster monetisation, and better capital efficiency Additionally, during the year, we acquired a 90% stake in Sunset Spaces Private Limited (SSPL), further strengthening our presence in the MMR real estate market. This strategic acquisition enhances our development pipeline and supports our long-term growth and redevelopment strategy. The Mumbai Metropolitan Region continues to be one of India's most resilient real estate markets, underpinned by large-scale infrastructure investments — including the Mumbai Trans Harbour Link, the upcoming Navi Mumbai International Airport, Metro expansions, and the broader Mumbai 3.0 vision — all of which directly benefit the micro-markets where Marathon has established a strong presence. As we look ahead, we remain confident in our ability to execute, grow, and create enduring value for all our stakeholders. The foundations we have laid in FY26 position Marathon well to capitalise on the immense opportunity ahead.” Result PDF

• Trendlyne
• 1 week 6 days ago

Conference Call with Marathon Nextgen Realty Management and Analysts on Q3FY26 Performance and Outlook. Listen to the full earnings transcript.

• Trendlyne
• 3 months 3 weeks ago