Marathon Nextgen Realty Limited — Investor Meet, 23-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Marathon Nextgen Realty reported its highest-ever 9-month PAT of INR 161 crore, with total revenue at INR 487 crore. Booking value stood at INR 421 crore, driven by a 60:40 Residential-Commercial sales mix. Post-merger, area sales reached 2.46 lakh sq ft and collections INR 798 crore. The company maintains near-zero net debt, having repaid INR 340 crore from QIP proceeds. Management is optimistic about the MMR real estate market due to robust infrastructure development and industry consolidation. Steady sales continue for Monte South, Futurex (seeing ~10% rise in realizations), and Nexzone. Future growth includes new launches in Panvel (INR 600 crore GDV) and Bhandup (INR 170 crore GDV), alongside active pursuit of redevelopment projects.