Marathon Nextgen Realty Ltd (BOM:503101)
₹ 390.05 +2.55 (+0.66%) Market Cap: 26.31 Bil Enterprise Value: 23.67 Bil PE Ratio: 11.79 PB Ratio: 1.16 GF Score: 70/100

Q2 2026 Marathon Nextgen Realty Ltd Earnings Call Transcript

Nov 13, 2025 / 06:30 AM GMT
Release Date Price: ₹567.8 (-2.99%)

Key Points

Positve
  • Marathon Nextgen Realty Ltd (BOM:503101) reported its highest ever quarterly profit after tax of INR67 crore, marking a 35% year-on-year growth.
  • The company achieved significant milestones, including obtaining occupation certificates for key projects like Rio Square and Montlo Tower B.
  • Marathon Nextgen Realty Ltd (BOM:503101) maintained a net debt-free position, supported by healthy collections and disciplined capital allocations.
  • The company announced new projects, including a large-scale commercial development in joint venture with Adani Realty, expanding its presence in the South Mumbai commercial market.
  • The company has a substantial land bank of over 400 acres across high potential micromarkets, positioning it well for future growth.
Negative
  • Collections for the quarter remained flat, indicating potential challenges in cash flow management.
  • The company faces competition in the premium housing segment, with a significant portion of its portfolio still focused on affordable housing.
  • There is a slowdown in the super premium housing market, which could impact future sales in this segment.
  • The company is not currently focusing on building an annuity portfolio in its commercial space, which could limit recurring revenue streams.
  • The development of infrastructure projects, such as the proposed 90 ft road near the Bandu project, may take several years to complete, potentially delaying project benefits.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MANE.NS - Marathon Nextgen Realty Ltd
Q2 2026 Marathon Nextgen Realty Ltd Earnings Call
Nov 13, 2025 / 06:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to Marathon NextGen Q2 FY 26, our next conference call.

As a reminder, all participant lines will be in the listen-only mode, and there'll be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing, then 0 on your touchstone phone.

Please note that this conference is being recorded.

And now hand the conference over to Mr. Kanav Kanna from ENY.

Thank you and over to you, Mr. Kanna.

Thanks, Leera.

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Unidentified_2 [2]
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