Price
Financials
Consolidated, Rs crore| 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 | 129 | 210 | 155 | 162 | 146 | 123 | 149 | 141 | 117 | 125 | 114 | 198 |
| Expenses | 81 | 134 | 108 | 109 | 104 | 87 | 107 | 110 | 75 | 100 | 89 | 151 |
| Operating Profit | 48 | 76 | 47 | 53 | 42 | 36 | 41 | 31 | 42 | 25 | 25 | 47 |
| OPM % | 37% | 36% | 30% | 33% | 29% | 30% | 28% | 22% | 36% | 20% | 22% | 24% |
| Other Income | 10 | 10 | 11 | 11 | 20 | 26 | 39 | 50 | 38 | 14 | 38 | 19 |
| Interest | 23 | 29 | 14 | 19 | 13 | 9 | 18 | 12 | 2 | 0 | 0 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 35 | 57 | 44 | 44 | 49 | 53 | 62 | 68 | 78 | 38 | 63 | 65 |
| Tax % | 22% | 27% | 28% | 26% | 19% | 21% | 22% | 23% | 18% | 27% | 29% | 24% |
| Net Profit | 34 | 51 | 40 | 38 | 49 | 49 | 54 | 62 | 67 | 33 | 46 | 52 |
| EPS in Rs | 7.29 | 9.80 | 7.78 | 7.22 | 9.46 | 9.35 | 10.41 | 11.69 | 9.80 | 4.80 | 6.63 | 7.45 |
| 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% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 10% | 19% | -12% | -1% | ||
| Compounded Profit Growth | 0% | 40% | -13% | -7% | ||
| Stock Price CAGR | 12% | 30% | -5% | -36% | ||
| Return on Equity | 9% | 11% | 10% | 5% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 28 | 28 | 23 | 23 | 23 | 23 | 23 | 23 | 26 | 26 | 34 |
| Reserves | 567 | 648 | 527 | 584 | 570 | 586 | 626 | 762 | 980 | 1,161 | 2,241 |
| Borrowings | 0 | 11 | 208 | 429 | 567 | 739 | 1,087 | 869 | 761 | 560 | 99 |
| Other Liabilities | 8 | 8 | 128 | 461 | 456 | 351 | 402 | 499 | 482 | 359 | 385 |
| Total Liabilities | 604 | 696 | 885 | 1,497 | 1,617 | 1,699 | 2,139 | 2,153 | 2,248 | 2,107 | 2,759 |
| Fixed Assets | 0 | 0 | 105 | 221 | 294 | 287 | 286 | 283 | 286 | 237 | 173 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 14 | 22 | 26 | 13 | 271 | 49 | 81 | 110 | 399 |
| Other Assets | 603 | 695 | 767 | 1,255 | 1,297 | 1,399 | 1,582 | 1,821 | 1,881 | 1,760 | 2,187 |
| Total Assets | 604 | 696 | 885 | 1,497 | 1,617 | 1,699 | 2,139 | 2,153 | 2,248 | 2,107 | 2,759 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -52 | -56 | 169 | 101 | 18 | -109 | 76 | 315 | 22 | -25 | -54 |
| Cash from Investing Activity | 64 | 45 | -198 | -312 | -71 | -3 | -375 | 27 | 112 | 298 | -292 |
| Cash from Financing Activity | -14 | 8 | 40 | 203 | 60 | 144 | 274 | -326 | -155 | -265 | 411 |
| Net Cash Flow | -2 | -3 | 11 | -8 | 7 | 32 | -26 | 15 | -21 | 8 | 65 |
| Free Cash Flow | -52 | -56 | 168 | 92 | 18 | -108 | 75 | 314 | 21 | 75 | 99 |
| CFO/OP | -31% | -54% | 419% | 207% | 11% | -169% | 122% | 140% | 29% | 12% | 13% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 128 | 497 | 0 | 24 | 33 | 89 | 45 | 22 | 49 | 66 | 42 |
| Inventory Days | 383 | 65 | 12,215 | 14,683 | 5,749 | ||||||
| Days Payable | 4 | 5 | 3,492 | 1,510 | 460 | ||||||
| Cash Conversion Cycle | 507 | 556 | 0 | 24 | 8,756 | 13,262 | 45 | 22 | 5,338 | 66 | 42 |
| Working Capital Days | 385 | 558 | 557 | 1,086 | 173 | 860 | 441 | 213 | 246 | 310 | 658 |
| ROCE % | 17% | 6% | 6% | 6% | 6% | 7% | 17% | 16% | 12% | 8% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 73.45% | 73.68% | 73.68% | 73.63% | 73.63% | 73.63% | 73.63% | 73.63% | 55.93% | 55.93% | 56.38% | 56.42% |
| FIIs | 2.34% | 1.56% | 0.56% | 0.41% | 3.15% | 2.34% | 2.28% | 0.94% | 6.89% | 5.13% | 5.09% | 4.68% |
| DIIs | 0.01% | 0.07% | 0.01% | 0.80% | 1.61% | 2.47% | 2.43% | 2.31% | 15.59% | 14.40% | 14.74% | 14.71% |
| Public | 24.20% | 24.68% | 25.75% | 25.18% | 21.62% | 21.57% | 21.67% | 23.12% | 21.60% | 24.55% | 23.81% | 24.20% |
| No. of Shareholders | 10,201 | 10,330 | 10,910 | 9,787 | 10,635 | 10,762 | 10,706 | 11,069 | 15,447 | 15,442 | 14,399 | 14,230 |
Fundamentals
Market Cap₹ 2,601 Cr.
Current Price₹ 385
Stock P/E13.4
Book Value₹ 337
ROCE7.60 %
ROE4.69 %
Dividend Yield0.26 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)-1%
Compounded Profit Growth (TTM)-7%
Consolidated figures.
Valuation
Market capRs 2,617 Cr
Enterprise valueRs 2,581 Cr
P/E (TTM)13.54x
Price to book1.15x
Price to sales4.73x
EV / EBITDA10.41x
EV / EBIT10.47x
EV / sales4.67x
Earnings yield7.39%
Dividend yield0.26%
P/E, 3-year average14.21x
P/B, 3-year average1.99x
P/E, 5-year average13.46x
P/B, 5-year average1.69x
Profitability
Operating margin (excl. other income)24.41%
Operating margin (incl. other income)52.67%
EBITDA margin44.87%
Pre-tax margin44.03%
Net profit margin34.97%
Net margin, latest quarter25.43%
ROE11.73%
ROCE12.60%
ROA8.34%
ROE, 3-year average15.78%
ROCE, 3-year average14.54%
ROA, 3-year average8.16%
ROE, 5-year average14.07%
ROCE, 5-year average13.44%
ROA, 5-year average6.42%
ROIC (approx.)8.40%
Tax rate23.70%
Other income / net worth6.16%
Growth
Sales growth (latest year)-14.48%
Profit growth (latest year)8.80%
Sales CAGR, 3 years-11.53%
Sales CAGR, 5 years19.27%
Profit CAGR, 3 years18.82%
Profit CAGR, 5 years67.95%
Sales growth QoQ73.93%
Profit growth QoQ12.37%
Sales growth YoY (latest quarter)40.26%
Profit growth YoY (latest quarter)-16.12%
Per share
EPS (TTM)Rs 28.67
EPS (latest year)Rs 30.10
EPS (latest quarter)Rs 7.45
EPS, 3-year averageRs 33.02
EPS, 5-year averageRs 26.71
Book value per shareRs 337.41
Sales per shareRs 81.99
Cash flow per shareRs -8.03
Free cash flow per shareRs 14.68
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 1.00
Dividend per share, 5-year averageRs 0.90
Dividends
Dividend payout3.32%
Dividend payout, 3-year average3.05%
Dividend payout, 5-year average3.79%
Efficiency
Asset turnover0.18x
Fixed asset turnover2.86x
Inventory turnover0.38x
Inventory days963 days
Debtor days42 days
Debtors turnover8.67x
Creditor days460 days
Cash conversion cycle42 days
Working capital days658 days
Leverage
Total debtRs 99 Cr
Cash and bankRs 135 Cr
Net debtRs -35 Cr
Debt to equity0.04x
Net debt / EBITDA-0.14x
Interest coverage79.27x
Current ratio (filing 2026-03-31)4.87x
Quick ratio (filing 2026-03-31)2.38x
Trade payables (filing 2026-03-31)Rs 55 Cr
Owners' fund to total sources82.44%
Debt to assets3.60%
Cash flow
Cash from Operating Activity (latest year)Rs -54 Cr
Cash from Investing Activity (latest year)Rs -292 Cr
Cash from Financing Activity (latest year)Rs 411 Cr
Net Cash Flow (latest year)Rs 65 Cr
Free cash flow (latest year)Rs 99 Cr
FCFE (approx.: FCF + change in debt)Rs -362 Cr
Cash from ops / profit, 5 years0.46x
Statement figures
Net sales (TTM)Rs 553 Cr
Net sales (latest year)Rs 496 Cr
Sales (latest quarter)Rs 198 Cr
Operating profit excl. other income (latest year)Rs 121 Cr
Operating profit (latest quarter)Rs 47 Cr
Other income (TTM)Rs 110 Cr
EBITDA (TTM)Rs 248 Cr
PBDT (TTM)Rs 245 Cr
Profit before tax (TTM)Rs 243 Cr
Tax (latest year)Rs 59 Cr
Net profit (TTM)Rs 193 Cr
Net profit (latest year)Rs 203 Cr
Net profit (latest quarter)Rs 50 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 317 Cr
Total expenditure (latest year)Rs 375 Cr
Total income (latest year)Rs 636 Cr
Share capitalRs 34 Cr
ReservesRs 2,241 Cr
Shareholders' fundsRs 2,275 Cr
Total assetsRs 2,759 Cr
Net blockRs 173 Cr
InvestmentsRs 399 Cr
ReceivablesRs 57 Cr
InventoryRs 837 Cr
Other liabilitiesRs 385 Cr
Shares outstanding (crore)6.74
Ownership
Promoter holding56.42% (-17.21 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 13.5 is at the 9th percentile of its own 9.4-year range
(median 20.8, low 8.9, high 66.3).
P/B 1.15 is at the 27th percentile (median 2.09).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | MARATHON | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -5.5% | -2.8% | -2.7 pts |
| 1 month | -10.7% | -6.8% | -3.9 pts |
| 3 months | -9.2% | -7.6% | -1.5 pts |
| 6 months | +1.9% | +0.4% | +1.5 pts |
| 1 year | -37.7% | -9.9% | -27.8 pts |
| 2 years | -44.3% | -13.6% | -30.8 pts |
| 3 years | -14.5% | +14.2% | -28.6 pts |
| 5 years | +289.1% | +27.9% | +261.2 pts |
1 mutual fund schemes hold about ₹277 Cr.
Over three months 0 bought more and 0 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Quant Small Cap Fund | 0.78% | 277 | +4% |
Red flags
F-score 2 of 8| explain | Weak cash conversion Cash from operations was -10% of net profit over the last 3 years |
| look | Inventory outrunning sales Inventory grew 28% vs sales -14% in 2026 |
| look | Share dilution Share count up 32% in a year |
| look | Profit leans on other income Other income was 57% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹198 Cr +40.4% vs Jun 2025.
Net profit ₹52 Cr -16.1%.
Against our estimate for Jun 2026: sales +57.7%, profit -1.8% in line. Our estimate for Sep 2026: sales Rs 127 Cr, profit Rs 42 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| DLF Ltd | 161,638 | 37.6 | 6.32 % |
| Lodha Developers Ltd | 110,592 | 26.8 | 16.4 % |
| Phoenix Mills Ltd | 68,996 | 53.2 | 12.4 % |
| Oberoi Realty Ltd | 64,099 | 24.2 | 17.3 % |
| Prestige Estates Projects Ltd | 61,056 | 53.6 | 10.4 % |
| Godrej Properties Ltd | 49,232 | 30.4 | 7.63 % |
| Anant Raj Ltd | 21,675 | 37.5 | 12.1 % |
| Brigade Enterprises Ltd | 18,370 | 27.0 | 10.5 % |
| Horizon Industrial Parks Ltd | 14,709 | 3.18 % | |
| Sobha Ltd | 13,008 | 56.4 | 6.86 % |
| Aditya Birla Real Estate Ltd | 12,963 | -4.48 % | |
| SignatureGlobal India Ltd | 10,614 | 2.38 % | |
| Sri Lotus Developers & Realty Ltd | 10,466 | 40.7 | 21.2 % |
| Max Estates Ltd | 9,312 | 1,586 | 1.40 % |
| Embassy Developments Ltd | 7,833 | -2.44 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-09-18 | Dividend - Re 1 Per Share | |
| 2025-09-19 | Dividend - Re 1 Per Share | |
| 2024-09-17 | Dividend - Re 1 Per Share | |
| 2023-09-18 | Dividend - Re 1 Per Share | |
| 2023-09-18 | Annual General Meeting | |
| 2022-09-22 | Annual General Meeting/Dividend - Re 0.50 Per Share | |
| 2021-09-21 | Annual General Meeting | |
| 2020-09-22 | Annual General Meeting | |
| 2019-09-17 | Dividend - Rs 0.50 Per Share | |
| 2018-09-10 | Annual General Meeting/Dividend Rs 2 Per Share | |
| 2018-04-05 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share | 0.5000 |
| 2017-09-08 | Dividend - Re 1/- Per Share | |
| 2017-05-11 | Buyback |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
| Order date | Forum | Case |
|---|---|---|
| 2020-11-25 | NCLT | Innova Premises Co-Operative Society Ltd Vs Marathon Nextgen Realty Ltd |
| 2020-11-06 | NCLT | Innova Premises Co-Operative Society Ltd Vs Marathon Nextgen Realty Ltd |
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Marathon Nextgen Realty Ltd?
Marathon Nextgen Realty Ltd (MARATHON) has a market capitalisation of Rs 2,601 Cr. at the 2026-10-01 close.
What is the P/E ratio of Marathon Nextgen Realty Ltd?
Marathon Nextgen Realty Ltd trades at a P/E of 13.4 on trailing twelve-month profit, at the 2026-10-01 close.
What were Marathon Nextgen Realty Ltd's latest quarterly results?
In the Jun 2026 quarter, Marathon Nextgen Realty Ltd sales was Rs 198 Cr (+40.4% vs Jun 2025) and net profit was Rs 52 Cr.
What is the 52-week high and low of Marathon Nextgen Realty Ltd?
The 52-week high is Rs 678.05 and the 52-week low is Rs 344.05.