Marathon Nextgen Realty Limited — PPTs, 22-05-2025: Investor Presentation

1. Financial Highlights:

Marathon Nextgen Realty reported revenue from operations of ₹680.4 Cr and total income of ₹676.4 Cr. EBITDA stood at ₹269.3 Cr with a margin of 39.82%, showing margin expansion. PAT was ₹190.5 Cr with a margin of 28.17%. Area sold reached 265,376 sq.ft., with collections at ₹523.6 Cr. Net debt declined by over ₹200 Cr to ₹542.1 Cr, improving the net debt-to-equity ratio to 0.46x and reducing borrowing costs to 12.3%, signaling better leverage and cost efficiency.

2. Strategic Initiatives & Growth Drivers:

The company has a diversified portfolio across luxury, premium, affordable housing, commercial, and retail sectors in MMR, including large land banks in Panvel (205 acres), Bhandup (130 acres), and Dombivli (83 acres). Marathon plans Phase 3 launches for Monte South and Nexzone with a combined developable area of 31.7 lakh sq.ft., targeting demand near Navi Mumbai airport and major transit hubs.

3. Business Developments:

Board approval received for amalgamating select promoter entities to simplify structure and enhance efficiency. Acquisitions of Sanvo Resorts Pvt Ltd and Nexzone Fiscal Services Ltd strengthen asset base. Key projects like Monte South and Panvel secured occupancy certificates up to mid and high floors, facilitating faster sales and collections.

4. Market Position & Competitive Advantage:

Backed by 40+ years of promoter experience and exclusive 400+ acres of land in prime MMR micro-markets, Marathon’s diversified mix—from luxury to affordable housing and commercial—provides scale and risk mitigation. Awards such as “Best Ultra Luxury Project of the Year 2023” for Monte South boost its premium positioning.

5. Investor Implications:

Strong margin gains, debt reduction, and healthy collections indicate positive growth potential. Upcoming large launches near infrastructure developments enhance revenue visibility. Execution timelines and market absorption remain areas to watch, but operational strength and improved capital structure support sustained value creation.