Marathon Nextgen Realty Limited — Investor Meet, 17-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Marathon Nextgen Realty reported strong Q2 FY26 results, with Profit After Tax (PAT) reaching a record ₹67 crore, a 35% year-on-year growth. H1 FY26 PAT stood at ₹128 crore, up 47% YoY. The company remains net debt-free.

Key operational updates include a new Monte South Commercial joint venture with Adani Realty (7.5 lakh sq ft, estimated GDV ₹3,400 crore) and the launch of Marathon Nexzone Phase 3 in Panvel (4.9 lakh sq ft, >₹600 crore GDV). Management highlighted strong demand for its mixed portfolio, particularly in the ₹3.5-7 crore premium segment. They plan aggressive monetization of their 400+ acre land bank via self-development and strategic partnerships, leveraging QIP funds. The outlook is confident, driven by significant infrastructure development across its micro markets.