Marathon Nextgen Realty Limited — PPTs, 16-02-2026: Investor Presentation

**Business Performance:** Marathon Nextgen Realty reported strong Q3 FY26 operational performance, selling 83,931 sq.ft. with booking value of ₹185 Cr and collections of ₹336 Cr. Revenues stood at ₹178 Cr, with PAT at ₹33 Cr (23% margin) and EBITDA at ₹39 Cr (27% margin). The company benefits from a diversified portfolio spanning luxury, affordable housing, commercial, and township projects.

**Growth Drivers or Strategy:** A key strategy involves leveraging its consolidated land bank of 418 acres with a developable potential of 4.2 Cr sq.ft., particularly in Panvel, Dombivli, and Bhandup. The company's robust in-house capabilities across design, engineering, sales, and marketing ensure efficient project delivery.

**Recent Developments:** A successful ₹900 Cr Qualified Institutional Placement (QIP) in 2025 significantly reduced debt, resulting in a net cash position. This capital injection accelerates projects and builds a strong growth pipeline. Several projects, including Nexzone Antilia, NeoSquare, and Monte South Tower B, recently received Occupation Certificates.

**Key Financial Metrics:** Q3 FY26: Adjusted Total Revenues ₹178 Cr, PAT ₹33 Cr. 9M FY26: PAT ₹161 Cr.

**Management Commentary / Outlook:** Management aims to unlock long-term value through its streamlined structure and financial flexibility. The company holds substantial estimated revenue from unsold areas (₹861 Cr) and an expected surplus of ₹546 Cr from ongoing projects. Upcoming launches like Monte South Commercial (7.5 Lakh sq.ft., GDV ₹3,400 Cr) and the Marathon Neo Series (15.82 Lakh sq.ft., GDV ₹2,792 Cr) highlight future growth.