Marathon Nextgen Realty Limited (MARATHON) AI Stock Analysis

• Market Cap: ₹42.67B
• Dividend Yield: 0.16%
• Average Volume (3M): 57.68K
• Price to Earnings (P/E): 15.5
• Beta (1Y): 2.21
• Revenue Growth: -14.97%
• EPS Growth: 25.71%
• Country: IN
• Employees: 800
• Sector: Real Estate
• Sector Strength: 54
• Industry: Real Estate - Development
• EPS (TTM): 11.69
• Shares Outstanding: 67,420,550
• 10 Day Avg. Volume: 19,422
• 30 Day Avg. Volume: 57,679
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹706.00
• Price Target Upside: 11.54% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 64 Neutral
• Price Target: ₹706.00 ▲(11.54% Upside)

Marathon Nextgen Realty Limited shows strong income statement performance and some technical indicators suggest potential for recovery. However, high leverage and cash flow challenges remain concerns, while valuation indicators show moderate attractiveness. The overall stock score reflects these mixed signals, highlighting areas for improvement in financial stability and valuation appeal.

Marathon Nextgen Realty Limited Business Overview & Revenue Model

Company Description

Marathon Nextgen Realty Limited (MARATHON) is a prominent real estate company based in India, operating primarily in the development of residential, commercial, and mixed-use properties. The company is known for its commitment to innovation, quality, and sustainability, offering a diverse portfolio of projects ranging from affordable housing to luxury developments. MARATHON's core services include property development, sales, and property management, catering to the growing demands of urbanization and real estate investment.

How the Company Makes Money

Marathon Nextgen Realty Limited generates revenue primarily through the sale of residential and commercial properties. The company's revenue streams are diversified across multiple sectors, including residential housing projects, commercial office spaces, and mixed-use developments. MARATHON also earns income from property leasing and management services, providing long-term rental solutions and maintenance for its properties. The company often collaborates with other real estate firms and financial institutions to fund and execute large-scale projects, contributing significantly to its earnings. Additionally, strategic land acquisitions and project financing play a crucial role in its revenue generation strategy.

Marathon Nextgen Realty Limited Financial Statement Overview

Summary

Marathon Nextgen Realty Limited shows strong profitability and operational efficiency with improving margins and cost controls. The balance sheet indicates improved leverage management but with significant reliance on liabilities. Cash flow management faces challenges, especially in converting net income into cash, though it shows signs of improvement.

Income Statement

Marathon Nextgen Realty Limited has demonstrated strong performance in its income statement. The company has shown a consistent increase in gross profit margin and EBIT margin over the years, indicating effective cost management and operational efficiency. Despite a decline in revenue growth rate in the most recent period, net profit margins have been improving, reflecting enhanced profitability.

Balance Sheet

The balance sheet reveals a moderate financial position. The debt-to-equity ratio has been decreasing, showing improved leverage management, though it remains relatively high. The company's return on equity is robust, indicating effective utilization of shareholder funds. However, the equity ratio suggests a significant reliance on liabilities, which could pose future risks.

Cash Flow

The company's cash flow statement indicates mixed results. While the free cash flow growth rate has been inconsistent, the operating cash flow to net income ratio suggests challenges in converting income into cash. However, the free cash flow to net income ratio is improving, highlighting some positive cash generation trends.

Breakdown	Mar 2025	Mar 2023	Mar 2024	Mar 2022	Mar 2021
Income Statement
Total Revenue	6.76B	7.17B	7.01B	3.06B	2.06B
Gross Profit	3.20B	2.89B	2.81B	1.16B	847.01M
EBITDA	2.70B	2.82B	2.75B	1.13B	814.21M
Net Income	1.87B	1.21B	1.66B	385.20M	151.91M
Balance Sheet
Total Assets	20.97B	21.53B	22.39B	21.39B	17.00B
Cash, Cash Equivalents and Short-Term Investments	917.97M	1.46B	103.51M	174.71M	376.35M
Total Debt	5.60B	8.69B	7.61B	10.87B	7.39B
Total Liabilities	8.95B	13.60B	12.31B	14.84B	10.85B
Stockholders Equity	11.87B	7.85B	9.96B	6.49B	6.09B
Cash Flow
Free Cash Flow	-286.53M	3.86B	206.40M	748.46M	-1.08B
Operating Cash Flow	-253.14M	3.86B	221.01M	763.34M	-1.09B
Investing Cash Flow	2.98B	-459.62M	1.12B	-3.75B	-26.38M
Financing Cash Flow	-2.65B	-3.26B	-1.55B	2.73B	1.44B

Marathon Nextgen Realty Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 632.95
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MARATHON, the sentiment is Neutral. The current price of 632.95 is below the 20-day moving average (MA) of 695.03, below the 50-day MA of 656.73, and above the 200-day MA of 568.44, indicating a neutral trend. The MACD of -5.35 indicates Positive momentum. The RSI at 39.96 is Neutral, neither overbought nor oversold. The STOCH value of 13.04 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:MARATHON.

Marathon Nextgen Realty Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HUBTOWN	68 Neutral	₹47.37B	89.20		―	52.02%	―
MARATHON	64 Neutral	₹42.67B	15.47		0.16%	-14.97%	25.71%
Sector *	63 Neutral	$6.82B	13.21	-0.43%	7.17%	3.67%	-27.43%
ARVSMART	60 Neutral	₹27.91B	23.34		1.01%	112.32%	224.27%
KOLTEPATIL	57 Neutral	₹36.43B	37.37		0.99%	27.86%	―
ASHIANA	53 Neutral	₹31.12B	84.63		0.81%	-43.50%	-77.52%
UNITECH	41 Neutral	₹19.85B	―		―	-32.60%	22.08%

Marathon Nextgen Realty Limited Corporate Events

Marathon Nextgen Realty Closes QIP, Strengthens Financial Position

Marathon Nextgen Realty Limited announced the closure of its Qualified Institutions Placement (QIP) of equity shares, successfully raising funds from institutional investors. The company issued 1,62,12,406 equity shares at a price of ₹ 555.13 per share, which included a discount on the floor price, to eligible qualified institutional buyers. This move is expected to strengthen the company’s financial position and support its growth initiatives in the real estate sector.