Marathon Nextgen Realty Limited · NSE:MARATHON
Marathon Nextgen Realty — Q3 FY23 Earnings Presentation
33 slides from Marathon Nextgen Realty's earnings presentation, Feb 15, 2023
Slide 1: Stock exchange filing cover letter
_—_ I M ARATH ON Regd. Address : Marathon Futurex, Mafatlal Mills Compound, N. M. Joshi Marg, Lower Parel (W), Mumbai - 400 013. Date: 15/02/2023 To The BSE Limited National Stock Exchange of India Limited Department of Corporate Services, Listing Department, P.J. Towers, Dalal Street, BKC, Bandra (
Slide 2: Investor Update for the quarter ended 31st December 2022
Marathon Nextgen Realty Limited Investor Update for the quarter ended 31st December 2022 Page 1 Marathon NextGen Realty Ltd
Slide 3: Marathon NextGen Realty Ltd. (MNRL) At a Glance
Marathon NextGen Realty Ltd. (MNRL) At a Glance Page 2 Marathon NextGen Realty Ltd
Slide 4: Marathon Group - Who we are
Marathon Group - Who we are Established in 1969. Listed in 1978. More than 10,000 happy customers. Portfolio includes commercial, luxury residential, townships, affordable housing and retail Projects ongoing at Panvel, Byculla, Lower Parel, Dombivli and Bhandup Page 3 Marathon NextGen Realty Ltd
Slide 5: Marathon NextGen Realty Ltd.
Marathon NextGen Realty Ltd. Marathon Group Public 74.44% 25.56% MNRL 40% 91% 100% 100% 100% Neo Park/ Neo Monte South NexZone Millennium Futurex Square Page 4 Marathon NextGen Realty Ltd
Slide 6: MNRL - Geographical Presence (Ongoing Projects)
MNRL - Geographical Presence (Ongoing Projects) Commercial Corporate offices & Small business offices Affordable Housing NeoPark & NeoSquare (Neo series) Townships Townships in high growth regions (NEX Series) Highrise Luxury Residential Monte South (Monte series) Page 5 Marathon NextGen Realty Ltd
Slide 7: Q3 & 9M FY23 Performance Highlights
Q3 & 9M FY23 Performance Highlights Page 6 Marathon NextGen Realty Ltd
Slide 8: Business Highlights (Consolidated) – 9M FY23
Business Highlights (Consolidated) – 9M FY23 ₹ 454 Cr 3,33,583 ₹ 441 Cr Realization Per Sq. ft. Booking Value Sq. ft. Collections ₹ 19,801 (Commercial) (Registered) Area Sold ₹ 8,603 (Residential) ₹ 546 Cr ₹ 242 Cr ₹ 134 Cr ₹ 107 Cr Revenue EBITDA* PBT PAT 288% YoY increase 246% YoY increase 1639% Y
Slide 9: Sales & Collections (Consolidated) – 9M FY23
Sales & Collections (Consolidated) – 9M FY23 Booking Value Area sold Realization Collections Location (Registered) Project Project Type (Mumbai) (Sq.ft.) (Rs. Cr.) (Rs./Sq.ft.) (Rs. Cr.) Monte South* Residential Byculla 22,478 48 21,576 77 Marathon Nexzone Residential Panvel 1,31,224 81 6,168 69 Mar
Slide 10: Operational Highlights (Consolidated) - Quarterly
Operational Highlights (Consolidated) - Quarterly Booking Value (In Rs. Cr.) Area Sold (In Sq.ft.) Collections (In Rs. Cr.) Realization (In Rs. per Sq.ft.) * Based on 40% revenue share for Monte South project Page 9 Marathon NextGen Realty Ltd
Slide 11: Financial Highlights (Consolidated) - Quarterly
Financial Highlights (Consolidated) - Quarterly Revenue from Operations (In Rs. Cr.) EBITDA* (In Rs. Cr.) PBT (In Rs. Cr.) PAT (In Rs. Cr.) * EBITDA includes Share of Profit / (Loss) of Joint Ventures Page 10 Marathon NextGen Realty Ltd
Slide 12: Key Performance Metrics (Consolidated) – Annual
Key Performance Metrics (Consolidated) – Annual Revenue from Operations (In Rs. Cr.) EBITDA* (In Rs. Cr.) PAT (In Rs. Cr.) Booking Value (In Rs. Cr.) Area Sold (In Sq. ft.) Collections (In Rs. Cr.) * EBITDA includes Share of Profit / (Loss) of Joint Ventures Booking Value, Area Sold and Collections
Slide 13: Debt Profile
Debt Profile Net Debt (In Rs. Cr.) Net Debt to Equity Ratio • The Company is currently operating at the maximum Debt and the Debt level is expected to come down in the coming years ✔ Net Cash inflow from sold units (completed + ongoing) and expected net inflow from unsold inventory to be utilized in
Slide 14: Land Bank & Portfolio
Land Bank & Portfolio Page 13 Marathon NextGen Realty Ltd
Slide 15: Ongoing Projects
Ongoing Projects Area Sold in Sale Value of Estimated Collections Estimated Project Project Ownership Total Sale Completion sq.ft. Registered Revenue from Location from Sold Area month / year Name Type % Area (Sq.ft.) % (Registered Units (in unsold area (in Rs Cr.) of completion Units) Rs Cr.) (in R
Slide 16: Key Ongoing Projects
Key Ongoing Projects Monte South Futurex Millennium • 2, 2.5, 3 and 3.5 BHK ultra-spacious homes • Flagship commercial Grade A spaces in Lower Parel • Flexible spaces starting from 350 sq.ft. to 10,000+ • Award-winning luxury homes near South Mumbai • Spaces ranging from 800 sq.ft. to 2,00,000 sq.ft
Slide 17: Key Ongoing Projects
Key Ongoing Projects • Residential Apartments Affordable housing project in Bhandup West, Mumbai • 1, 2 & 2.5 BHK homes across 19 towers spread across 25 acres • Wide range of amenities for the entire family to maintain an active lifestyle – there’s something for everyone. • A complete township expe
Slide 18: Upcoming Projects
Upcoming Projects Total Saleable Project Project Estimated Sale Location Ownership % area Name Type Value (in Rs. Cr.) (Sq.Ft.) Monte South Phase 3 Residential Byculla 40% 6,50,000 1,300 Monte South Phase 3 Commercial Byculla 40% 12,00,000 2,400 Marathon Nexzone Phase 3 Residential Panvel 91% 5,00,0
Slide 19: Marathon Group Land Bank
Marathon Group Land Bank Marathon Group has extensive land banks across the Mumbai Metropolitan Region (MMR). Panvel 100+ acres Thane 100+ acres Dombivli 50+ acres Bhandup 100+ acres MNRL intends to utilize the vast available land bank of the Group for development by way of JDA, etc and drive future
Slide 20: Company Profile
Company Profile Page 19 Marathon NextGen Realty Ltd
Slide 21: Leadership & Management
Leadership & Management MR. S. RAMAMURTHI MR. CHETAN R. SHAH Wholetime Director Chairman & MD • Graduate in Economics and a CA • B. Tech. (Civil Engineering) from IIT Bombay with post-graduation in Systems and M.S. (Structural Engineering) from Management University of Houston • 30+ years of experie
Slide 22: Marathon Group Leadership
Marathon Group Leadership MR. KAIVALYA SHAH MR. PARMEET SHAH MR. SAMYAG SHAH Director Director Director • BE - Structural Engineering, University • BA – Economics, Yale University and • BA - Economics, University of California, of California, San Diego MS, Columbia University San Diego Page 21 Marat
Slide 23: Marathon Group
Marathon Group Page 22 Marathon NextGen Realty Ltd
Slide 24: About the Marathon Group
About the Marathon Group Completed Projects Existing Portfolio Upcoming Projects Total Portfolio 8.4 Mn Sq.ft 6.2 Mn Sq. 15 Mn Sq.ft 26.60 Mn sq.ft Page 23 Marathon NextGen Realty Ltd
Slide 25: Shaping the skyline…. Since 1969 – Our Completed projects
Shaping the skyline…. Since 1969 – Our Completed projects Page 24 Marathon NextGen Realty Ltd
Slide 26: Marathon Group - Redefining Real Estate…..Since 1969
Marathon Group - Redefining Real Estate…..Since 1969 Marathon Group is a Mumbai based 50 year old real estate development company. We are a design driven organisation, that excels at delivering the best construction quality and strongly believes in operating with the highest levels of transparency a
Slide 27: Our Growth Strategy
Our Growth Strategy Our Difference Design Trust Engineering Page 26 Marathon NextGen Realty Ltd
Slide 28: How Marathon creates Value
How Marathon creates Value "One of our core strengths has been identifying the potential of land parcels early. We have done this at Lower Parel, Byculla, Panvel, Bhandup and Dombivli" Mill land at Lower One of the first to identify the tremendous High growth We secured land parcels in Panvel and pot
Slide 29: Awards and Recognitions
Awards and Recognitions Page 28 Marathon NextGen Realty Ltd
Slide 30: Annexure
Annexure Page 29 Marathon NextGen Realty Ltd
Slide 31: Income Statement (Consolidated)
Income Statement (Consolidated) Particulars (In Rs. Cr.) Q3 FY23 Q3 FY22 YoY Q2 FY23 QoQ FY22 Revenue from operations 278.43 68.00 309.5% 169.95 63.8% 306.09 Other income 11.58 9.61 20.5% 11.96 -3.2% 38.13 Total Income 290.01 77.6 273.7% 181.91 59.4% 344.22 Property development expenses 188.53 70.01
Slide 32: Shareholding & Price movement
Shareholding & Price movement BSE Ticker 503101 NSE Symbol MARATHON Issued Shares (Cr) 4.6 Market Cap* (in ₹ Cr) 1,214 Promoter Holding 74.4 % 114% 3% -11% Share price rebased to 100 *As on 14th Feb 2023 Page 31 Marathon NextGen Realty Ltd
Slide 33: Thank you
Thank you Thank you CONTACT US Marathon Nextgen Realty Limited Ernst &Young LLP Mr. Kaivalya Shah Mr. Diwakar Pingle - diwakar.pingle@in.ey.com Director - Marathon Nextgen Realty Limited Mr. Binay Sarda - binay.sarda@in.ey.com P: +91 22 6724 8484 Ms. Jeevika Hemani - jeevika.hemani@in.ey.com E: kaiv
Marathon Nextgen Realty — Q3 FY23 Earnings Presentation on 6ix