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Marathon Nextgen Realty Limited (IN:MARATHON)
:MARATHON
India Market

Marathon Nextgen Realty Limited (MARATHON) AI Stock Analysis

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IN:MARATHON

Marathon Nextgen Realty Limited

(MARATHON)

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Neutral 58 (OpenAI - 5.2)
Rating:58Neutral
Price Target:
₹440.00
▼(-16.74% Downside)
Action:ReiteratedDate:03/19/26
The score is driven primarily by solid underlying profitability and improving margins, but it is meaningfully weighed down by bearish technical signals (downtrend vs. key moving averages and negative MACD) and a valuation that looks demanding given the very low dividend yield and balance sheet/cash conversion risks.
Positive Factors
Improving margins and profitability
Sustained expansion of gross and EBIT margins and rising net profitability indicate durable operational improvements and tighter cost control. This strengthens earnings quality, supports internal funding for projects, and provides a buffer against cyclical revenue dips over the coming months.
Negative Factors
Declining revenue growth
Negative revenue growth points to demand or sales execution headwinds that can erode scale advantages and compress margins over time. If top-line trends do not stabilize, margin improvements and cash generation gains may be harder to sustain beyond the short term.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving margins and profitability
Sustained expansion of gross and EBIT margins and rising net profitability indicate durable operational improvements and tighter cost control. This strengthens earnings quality, supports internal funding for projects, and provides a buffer against cyclical revenue dips over the coming months.
Read all positive factors

Marathon Nextgen Realty Limited (MARATHON) vs. iShares MSCI India ETF (INDA)

Marathon Nextgen Realty Limited Business Overview & Revenue Model

Company Description
Marathon Nextgen Realty Limited engages in the construction, development, and sale of commercial and residential real estate projects in India. The company was founded in 1969 and is based in Mumbai, India. Marathon Nextgen Realty Limited is a sub...
How the Company Makes Money
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Marathon Nextgen Realty Limited Financial Statement Overview

Summary
Income statement strength (improving gross/EBIT margins and better net profitability) is offset by balance sheet leverage risk (liabilities still meaningful despite improving debt-to-equity) and weaker cash conversion (operating cash flow vs. net income challenges), though free cash flow trends show some improvement.
Income Statement
75
Positive
Balance Sheet
68
Positive
Cash Flow
62
Positive
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue5.30B6.76B7.01B7.17B3.06B2.06B
Gross Profit2.11B3.20B2.81B2.89B1.16B847.01M
EBITDA2.65B2.70B2.75B2.77B1.13B814.21M
Net Income2.27B1.87B1.66B1.21B385.20M151.91M
Balance Sheet
Total Assets25.96B20.97B22.39B21.53B21.39B17.00B
Cash, Cash Equivalents and Short-Term Investments5.70B917.97M103.51M351.11M168.95M376.35M
Total Debt590.60M5.60B7.61B8.69B10.87B7.39B
Total Liabilities3.80B8.95B12.31B13.60B14.84B10.85B
Stockholders Equity21.98B11.87B9.96B7.85B6.49B6.09B
Cash Flow
Free Cash Flow763.42M-286.53M206.40M3.86B748.46M-1.08B
Operating Cash Flow767.90M-253.14M221.01M3.86B763.34M-1.09B
Investing Cash Flow-4.21B2.98B1.12B-459.62M-3.75B-26.38M
Financing Cash Flow3.57B-2.65B-1.55B-3.26B2.73B1.44B

Marathon Nextgen Realty Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price528.45
Price Trends
50DMA
458.96
Negative
100DMA
505.06
Negative
200DMA
571.70
Negative
Market Momentum
MACD
-13.93
Negative
RSI
46.29
Neutral
STOCH
68.24
Neutral
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 528.45 is above the 20-day moving average (MA) of 413.88, above the 50-day MA of 458.96, and below the 200-day MA of 571.70, indicating a neutral trend. The MACD of -13.93 indicates Negative momentum. The RSI at 46.29 is Neutral, neither overbought nor oversold. The STOCH value of 68.24 is Neutral, 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

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
63
Neutral
₹23.90B23.570.98%13.62%34.30%
58
Neutral
₹28.14B28.990.19%-21.43%18.96%
57
Neutral
₹27.94B195.931.01%3.05%
56
Neutral
₹30.01B12.740.85%24.58%122.16%
55
Neutral
₹27.16B39.3364.29%
41
Neutral
₹10.22B-0.44-10.36%46.24%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:MARATHON
Marathon Nextgen Realty Limited
417.40
-106.28
-20.29%
IN:ARVSMART
Arvind SmartSpaces Ltd.
521.00
-175.69
-25.22%
IN:ASHIANA
Ashiana Housing Limited
298.55
2.43
0.82%
IN:HUBTOWN
Hubtown Limited
191.15
5.70
3.07%
IN:KOLTEPATIL
Kolte-Patil Developers Limited
315.05
-11.10
-3.40%
IN:UNITECH
Unitech Limited
3.91
-1.94
-33.16%

Marathon Nextgen Realty Limited Corporate Events

Marathon Nextgen Realty discloses promoter group share purchases under SEBI norms
Mar 13, 2026
Marathon Nextgen Realty has disclosed a series of equity share purchases by promoter group member Ansuya Ramniklal Shah, in line with the Securities and Exchange Board of India’s Prohibition of Insider Trading Regulations, 2015. The transact...
Marathon Nextgen Realty Discloses Promoter Group Share Acquisition Under SEBI Rules
Mar 6, 2026
Marathon Nextgen Realty Limited disclosed a change in promoter group shareholding under India’s insider trading regulations, notifying stock exchanges of an acquisition of equity shares by promoter group member Ansuya Ramniklal Shah. The on-...
Marathon Nextgen Realty Discloses Promoter Group Share Acquisition Under SEBI Insider Trading Rules
Mar 4, 2026
Marathon Nextgen Realty Limited has disclosed a change in promoter group shareholding under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The filing was made to both BSE and NSE in compliance with continual disclosure norms.Promoter...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Mar 19, 2026