Marathon Nextgen Realty Limited (MARATHON) AI Stock Analysis

• Market Cap: ₹41.40B
• Dividend Yield: 0.16%
• Average Volume (3M): 19.33K
• Price to Earnings (P/E): 15.0
• Beta (1Y): 2.13
• Revenue Growth: -14.97%
• EPS Growth: 25.71%
• Country: IN
• Employees: 800
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 11.69
• Shares Outstanding: 67,420,550
• 10 Day Avg. Volume: 7,425
• 30 Day Avg. Volume: 19,334
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ₹671.00
• Price Target Upside: 9.27% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: ₹671.00 ▲(9.27% Upside)

The overall stock score of 65.6 reflects strong financial performance, particularly in profitability and efficiency, despite concerns about leverage and cash flow conversion. Technical analysis indicates a neutral trend with mild bullish momentum, while valuation is fair but with a low dividend yield.

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 subsidiary of Marathon Realty Private Limited.

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 has shown strong profitability and efficiency in its income statement, with improving margins and cost controls. However, the balance sheet reflects concerns regarding leverage, and cash flow management presents challenges, particularly in converting net income into cash. Overall, the company is on a positive trajectory but must address leverage and cash flow conversion to enhance financial stability.

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	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.80B	6.76B	7.01B	7.17B	3.06B	2.06B
Gross Profit	2.24B	3.20B	2.81B	2.89B	1.16B	847.01M
EBITDA	2.19B	2.70B	2.75B	2.82B	1.13B	814.21M
Net Income	1.87B	1.87B	1.66B	1.21B	385.20M	151.91M
Balance Sheet
Total Assets	20.97B	20.97B	22.39B	21.53B	21.39B	17.00B
Cash, Cash Equivalents and Short-Term Investments	917.97M	917.97M	103.51M	1.46B	174.71M	376.35M
Total Debt	5.60B	5.60B	7.61B	8.69B	10.87B	7.39B
Total Liabilities	8.95B	8.95B	12.31B	13.60B	14.84B	10.85B
Stockholders Equity	11.87B	11.87B	9.96B	7.85B	6.49B	6.09B
Cash Flow
Free Cash Flow	0.00	-286.53M	206.40M	3.86B	748.46M	-1.08B
Operating Cash Flow	0.00	-253.14M	221.01M	3.86B	763.34M	-1.09B
Investing Cash Flow	0.00	2.98B	1.12B	-459.62M	-3.75B	-26.38M
Financing Cash Flow	0.00	-2.65B	-1.55B	-3.26B	2.73B	1.44B

Marathon Nextgen Realty Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 614.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MARATHON, the sentiment is Negative. The current price of 614.1 is below the 20-day moving average (MA) of 626.77, below the 50-day MA of 653.59, and above the 200-day MA of 574.51, indicating a neutral trend. The MACD of -1.11 indicates Negative momentum. The RSI at 42.75 is Neutral, neither overbought nor oversold. The STOCH value of 24.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
MARATHON	66 Neutral	₹41.40B	15.01	―	0.16%	-14.97%	25.71%
ARVSMART	64 Neutral	₹28.52B	23.85	18.48%	0.97%	112.32%	224.27%
ASHIANA	59 Neutral	₹29.65B	81.46	2.39%	0.85%	-25.67%	-45.34%
KOLTEPATIL	56 Neutral	₹37.91B	38.90	12.84%	0.94%	27.86%	―
HUBTOWN	55 Neutral	₹39.35B	32.21	1.93%	―	52.02%	―
UNITECH	46 Neutral	₹18.64B	-0.88	38.04%	―	-24.59%	44.68%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Marathon Nextgen Realty Limited Corporate Events

Marathon Nextgen Realty Sets Record Date for Final Dividend Payment

Marathon Nextgen Realty Limited has announced that the record date for the final dividend payment for the financial year 2024-25 is set for September 19, 2025. Shareholders whose names are registered by this date will be eligible for a dividend of ₹1 per equity share, pending approval at the upcoming Annual General Meeting. This decision highlights the company’s commitment to returning value to its shareholders and may positively impact investor sentiment.

Marathon Nextgen Realty Releases FY 2024-25 Sustainability Report

Marathon Nextgen Realty Limited has submitted its Business Responsibility and Sustainability Report for the financial year 2024-25, as part of its annual reporting obligations. This report highlights the company’s commitment to sustainability and responsible business practices across its operations, which could enhance its reputation and stakeholder trust in the competitive real estate market.

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.