MARATHON
Marathon Nextgen Realty Limited (MARATHON) Stock Analysis
Marathon Nextgen Realty Limited is an Indian real estate developer focused on residential projects in the Mumbai metropolitan region. It sells apartments through phased launches and redevelopment partnerships. Performance follows Mumbai housing demand and approval timelines. It is listed on Indian stock exchanges.
Real Estate › Real Estate - Development
₹353.60
-8.88% 1W | -34.00% 52W
Market Cap
2.4k CR
P/E Ratio
11.6
52W High
₹678
52W Low
₹344.1
Div. Yield
0.28%
Beta
0.6
50 DMA
₹401.4
200 DMA
₹438.4
Profit Margin
35%
Inst. Own.
12.1%
⚠️ BREAKDOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 210 | 129 | 210 | 155 | 162 | 146 | 123 | 149 | 141 | 117 | 125 | 114 | 198 |
| Expenses | 149 | 81 | 134 | 108 | 109 | 104 | 87 | 107 | 110 | 75 | 100 | 89 | 151 |
| Operating Profit | 61 | 48 | 76 | 47 | 53 | 42 | 36 | 41 | 31 | 42 | 25 | 25 | 47 |
| OPM % | 29% | 37% | 36% | 30% | 33% | 29% | 30% | 28% | 22% | 36% | 20% | 22% | 24% |
| Other Income | 10 | 10 | 10 | 11 | 11 | 20 | 26 | 39 | 50 | 38 | 14 | 38 | 19 |
| Interest | 25 | 23 | 29 | 14 | 19 | 13 | 9 | 18 | 12 | 2 | 0 | 0 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 45 | 35 | 57 | 44 | 44 | 49 | 53 | 62 | 68 | 78 | 38 | 63 | 65 |
| Tax % | 25% | 22% | 27% | 28% | 26% | 19% | 21% | 22% | 23% | 18% | 27% | 29% | 24% |
| Net Profit | 43 | 34 | 51 | 40 | 38 | 49 | 49 | 54 | 62 | 67 | 33 | 46 | 52 |
| EPS in Rs | 9.11 | 7.29 | 9.80 | 7.78 | 7.22 | 9.46 | 9.35 | 10.41 | 11.69 | 9.80 | 4.80 | 6.63 | 7.45 |
| Metric | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 197 | 193 | 69 | 82 | 241 | 206 | 306 | 717 | 705 | 580 | 496 | 553 |
| Expenses | 137 | 136 | 26 | 30 | 177 | 142 | 232 | 471 | 472 | 407 | 375 | 414 |
| Operating Profit | 60 | 57 | 43 | 52 | 64 | 64 | 74 | 246 | 233 | 173 | 121 | 138 |
| OPM % | 31% | 29% | 62% | 63% | 27% | 31% | 24% | 34% | 33% | 30% | 24% | 25% |
| Other Income | 45 | 50 | 1 | 1 | 8 | 18 | 38 | 36 | 41 | 96 | 140 | 110 |
| Interest | 0 | 0 | 5 | 21 | 41 | 44 | 75 | 123 | 91 | 59 | 13 | 3 |
| Depreciation | 0 | 0 | 1 | 2 | 6 | 5 | 3 | 3 | 3 | 3 | 2 | 2 |
| Profit before tax | 105 | 106 | 39 | 30 | 26 | 32 | 35 | 156 | 180 | 208 | 247 | 243 |
| Tax % | 21% | 21% | 27% | 20% | 21% | 28% | 33% | 28% | 26% | 22% | 24% | |
| Net Profit | 83 | 84 | 39 | 32 | 25 | 16 | 39 | 124 | 169 | 191 | 206 | 197 |
| EPS in Rs | 14.65 | 14.79 | 8.42 | 6.84 | 5.23 | 3.30 | 8.37 | 26.12 | 32.53 | 36.43 | 30.10 | 28.68 |
| Dividend Payout % | 3% | 3% | 12% | 7% | 0% | 0% | 6% | 4% | 3% | 3% | 3% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | -12.0% | 19.0% | 10.0% |
| Profit CAGR | -13.0% | 40.0% | 0.0% |
Shareholding Pattern
Promoters73.63%
FIIs0.94%
DIIs2.31%
Public23.12%
Promoters55.93%
FIIs6.89%
DIIs15.59%
Public21.60%
Promoters55.93%
FIIs5.13%
DIIs14.40%
Public24.55%
Promoters56.38%
FIIs5.09%
DIIs14.74%
Public23.81%
Promoters56.42%
FIIs4.68%
DIIs14.71%
Public24.20%
Promoters74.44%
FIIs0.15%
DIIs0.03%
Public25.38%
Promoters73.68%
FIIs0.56%
DIIs0.01%
Public25.75%
Promoters73.63%
FIIs2.28%
DIIs2.43%
Public21.67%
Promoters56.38%
FIIs5.09%
DIIs14.74%
Public23.81%
Promoters56.42%
FIIs4.68%
DIIs14.71%
Public24.20%
MARATHON
Holdings Analysis
Key strengths & risk signals
69
Overall
79
Fundamental
59
Technical
Risks (4)
NEGLIGIBLE DIVIDEND! 0.28% yield - little to no income.
POOR YEAR! Stock declined 34.0% in the last year.
WEAK POSITION! Current price (353.6) is below both moving averages.
WEAK! Trading at 2.8% of 52W range - near yearly lows.
Strengths (4)
EXCELLENT EFFICIENCY! 35.0% profit margin - company keeps strong profits.
BULLISH SENTIMENT! In last 30 days: 13 up days, 17 down days. Avg volume on up days: 181,189 vs down days: 90,432. Ratio: 2.0x
OVERSOLD! RSI at 27.5 - potential bounce opportunity.
LOW VOLATILITY! Beta of 0.60 - stable stock, less market risk.
Fundamental & Technical Analysis
69Overall
79Fundamental
59Technical
Fundamental Breakdown
Growth Quality
28/30
Revenue CAGR: 19.0% (VERY GOOD, 13/15). Profit CAGR: 40.0% (EXCELLENT, 15/15).
Profit Margin
10/10
EXCELLENT EFFICIENCY! 35.0% profit margin - company keeps strong profits.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.29 indicates stock is cheap relative to growth.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.28% yield - little to no income.
Debt to Equity
8/10
LOW DEBT! D/E of 0.47 - strong balance sheet.
Public Holding
14/20
MODERATE PUBLIC HOLDING! 25.35% public ownership - balanced ownership structure.
Stability Index
6/10
MODERATE STABILITY! 2 revenue dips in history. Acceptable but monitor closely.
Technical Breakdown
Moving Averages
5/10
BEARISH TREND! 50-day average (401.4) is below 200-day average (438.4) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (353.6) is below both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
0/10
POOR YEAR! Stock declined 34.0% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 13 up days, 17 down days. Avg volume on up days: 181,189 vs down days: 90,432. Ratio: 2.0x
RSI
5/5
OVERSOLD! RSI at 27.5 - potential bounce opportunity.
52W Range
1/5
WEAK! Trading at 2.8% of 52W range - near yearly lows.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 8.9% (1 week), 19.1% (1 month), 13.7% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.60 - stable stock, less market risk.
MARATHON
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-14 | Concall PDF | |
| Q4FY262026-06-05 | Concall PDF | |
| Q3FY262026-02-23 | Concall PDF | |
| Q2FY262025-11-17 | Concall PDF |
Peer Comparison
Real Estate · Real Estate - Development · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARATHON | ₹353.60 | 11.6 | 35.0% | 19.0% | 40.0% | -34.0% | 69 | BREAKDOWN | -13.2% | +16.3% | +40.6% | +74.4% |
| ALEMBICLTD | ₹99.20 | 8 | 134.2% | 24.8% | 18.5% | +3.0% | 83 | BREAKDOWN | +5.4% | -3.3% | -2.2% | -18.8% |
| AJMERA | ₹116.90 | 17.1 | 13.5% | 36.2% | 28.0% | -42.1% | 67 | BREAKOUT | +12.5% | -22.5% | +22.7% | -26.5% |
| HUBTOWN | ₹155.40 | 23.3 | 15.4% | 26.2% | 75.0% | -46.2% | 65 | BREAKDOWN | -68.6% | +9.2% | -17.0% | -2.8% |
| ARKADE | ₹118.90 | – | -0.5% | 54.7% | -52.7% | -32.0% | 60 | BOUNCE FROM SUPPORT | -33.7% | -117.4% | -7.8% | -25.2% |
| ARVSMART | ₹598.20 | 14.6 | 23.6% | 31.5% | 55.6% | +1.4% | 75 | CONSOLIDATING DOWN | +783.9% | +134.0% | +212.0% | +104.4% |
| OMAXE | ₹100.20 | – | -37.0% | 17.9% | – | +33.7% | 65 | BREAKDOWN | -100.5% | -100.5% | +43.9% | +16.6% |
| AGIIL | ₹254.10 | 30.7 | 28.6% | 13.5% | 25.4% | -13.1% | 70 | APPROACHING SUPPORT | +37.5% | +3.0% | +5.2% | +9.4% |
Data from TradeAlone · Updated daily
MARATHON News
Marathon Nextgen Realty Limited (marathon) Q1 FY27: Revenue Up ₹217 Crore, PAT Strong at ₹52 Crore2026-08-08Marathon Nextgen Realty Limited (marathon) Enters Sewri with ₹450 Crore GDV Residential Project2026-08-01Marathon Nextgen Realty Limited Expands Mumbai Footprint with ₹450+ Crore Versova Redevelopment Project2026-07-03
