Net debt-free; PAT of ₹45 crore; two Mumbai redevelopment projects worth ₹900 crore GDV added to the pipeline.
Mumbai, October 22, 2026: Marathon NextGen Realty Ltd (BSE: 503101 | NSE: MARATHON) has reported pre-sales of ₹154 crore for the quarter ended September 30, 2026. That is 79% higher than the previous quarter. Collections were ₹127 crore. Total income was ₹145 crore, EBITDA ₹61 crore, and profit after tax ₹45 crore. The company remains net debt-free with a positive net cash position.
Residential: growth across price segments
Residential pre-sales grew 70% quarter-on-quarter. The affordable and mid-income portfolio drove most of it, with a 155% increase. Monte South, the company’s premium development in Byculla, grew 16%.
Commercial: a stable base
Demand for Grade-A office space in Mumbai remains strong. Marathon Futurex in Lower Parel and Marathon Millennium in Mulund gives the company a stable commercial base alongside its residential business.
Execution and pipeline
Construction at Monte South, Nexzone, NeoHomes, and Marathon Millennium is on schedule. Marathon has added two redevelopment projects in Versova and Sewri, with a combined estimated GDV of ₹900 crore. The proposed amalgamation, which is subject to approvals, is expected to expand the pipeline further across MMR.
Mr. Chetan Shah, Chairman & Managing Director, Marathon NextGen Realty Ltd., said: “Demand came from every price segment this quarter, from affordable homes to Monte South. That is the strength of being present in the right Mumbai micro-markets. We are adding projects selectively, in well-connected locations, and we are doing it with no net debt. Our focus is to deliver on time, allocate capital carefully, and unlock the value in our land bank.”
About Marathon NextGen Realty Ltd
Marathon has been building in Mumbai since 1969 and has completed more than 100 projects across the city. Its portfolio covers townships, affordable homes, luxury residences, and retail and corporate parks, from Monte South in Byculla to Marathon Futurex in Lower Parel. The company is run by engineers across two generations, and it keeps design, engineering, construction, marketing, and sales in-house, so one team is accountable from drawing board to handover. Marathon has ongoing projects in Lower Parel, Byculla, and Mulund, and land banks in Bhandup, Thane, Dombivli, and Panvel. www.marathonnextgen.com
For further information, please contact
Marathon NextGen Realty Ltd Mr. Avinash Tanawade Investor Relations P: +91 22 6724 8484 / +91 98707 15789 E: avinash.tanawade@marathonrealty.com
Strategic Growth Advisors Pvt. Ltd. Mr. Rahul Agarwal / Mr. Aseem Kohli Investor Relations Advisors P: +91 98214 38864 / +91 87083 72029 E: rahul.agarwal@sgapl.net / aseem.kohli@sgapl.net
