Marathon Nextgen Realty Limited — PPTs, 13-08-2025: Investor Presentation

**Financial Highlights:**

Marathon Nextgen Realty reported Q1 FY26 PAT of ₹62 Cr, a 63% YoY increase, with a 32.3% PAT margin. Total Income stood at ₹191 Cr, and EBITDA was ₹81 Cr (42.4% margin). The company sold 77,759 sq.ft. with a booking value of ₹183 Cr and collections of ₹239 Cr. Post-QIP, the company achieved a net cash position, eliminating debt. Unsold inventory from ongoing projects holds an estimated revenue potential of ₹959 Cr (MNRL share).

**Strategic Initiatives & Growth Drivers:**

A successful ₹900 Cr Qualified Institutional Placement (QIP) will support project acceleration and growth. The ongoing Amalgamation & Arrangement is set to unlock substantial value, consolidating 418 acres of land with a 4.2 Cr sq.ft. developable area, potentially generating ₹59,000 Cr in GDV post-merger.

**Business Developments:**

Key project progress includes full Occupation Certificate (OC) for Nexzone Antilia, and OC up to 30th floor for Nexzone Triton & Atria. The Amalgamation & Arrangement is a significant move to streamline the corporate structure and integrate group assets.

**Market Position & Competitive Advantage:**

The company holds a diversified portfolio spanning luxury, affordable housing, commercial, and townships. It boasts strategically located land banks of over 400 acres in key micro markets (Panvel, Bhandup, Dombivli), where it ranks among top developers. Robust in-house capabilities drive efficient project execution.

**Investor Implications:**

Solid financial growth and a debt-free balance sheet indicate positive growth potential. The large land bank and ongoing consolidation could unlock significant long-term value.