Marathon Nextgen Realty Limited · NSE:MARATHON
Marathon Nextgen Realty — Q1 FY2026 Earnings Presentation
29 slides from Marathon Nextgen Realty's earnings presentation, Aug 13, 2025
Slide 1: Exchange filing cover letter
Date: August 13, 2025 To, BSE Limited, NSE Limited, Listing Department, Listing Department, P.J. Towers, Dalal Street, Exchange Plaza, Plot No. C/1, G Block, Mumbai – 400001. BKC, Bandra (East), Mumbai – 400051. Scrip Code: 503101 NSE Symbol: MARATHON Sub: Investor Presentation – First Quarter ended
Slide 2: Redefining Real Estate - Investor Update
Redefining Real Estate MARATHON NEXTGEN REALTY LIMITED INVESTOR UPDATE For the Quarter Ended June 2025
Slide 3: Disclaimer
Disclaimer Forward-Looking Statement This presentation has been prepared by Marathon Nextgen Realty Limited (the “Company” or “Marathon”) solely for information purposes. This presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Co
Slide 4: Who We Are
ESTABLISHED IN 1978 55+ years of experience PORTFOLIO INCLUDES Commercial • Luxury 100+ projects delivered Residential • Townships Affordable Housing • Retail 10,000+ families housed 15,000+ Homes in the pipeline Who PROJECTS ONGOING AT Panvel • Byculla • Lower Parel We Are Bhandup • Mulund 4 MN. sq
Slide 5: Strong Leadership Team
Strong Leadership Mr. Chetan R. Shah Mr. Mayur R. Shah Mrs. Shailaja Shah Team Chairman Vice Chairman Director B. Tech. (Civil Engineering) from Civil Engineer from University of Bombay Part of Promoter Group A visionary leadership team IIT Bombay and M.S. and M.S. in Structural Engineering from wit
Slide 6: Strong Leadership Team
Strong Leadership Mr. Kaivalya Shah Mr. Parmeet Shah Mr. Samyag Shah Team Director Director Director BE - Structural Engineering, BA - Economics, Yale University BA - Economics, University of The next-gen team is steering University of California, San and MS, Columbia University. California, San Die
Slide 7: Our Projects
Our Projects Townships Luxury Residential Commercial Properties A ordable Housing Marathon Group ff
Slide 8: Monte South, Nexzone, Futurex, Millennium
Monte South, Byculla Nexzone, Panvel Futurex, Lower Parel Millennium, Mulund
Slide 9: Major Acquisition & Milestones
Genesis of Marathon Nextgen Realty Ltd Acquired Piramal Spinning & Weaving Mills Ltd Acquired 12.2 acres of (holding 8 acres of land) through the BIFR* 2002 2007 Khatau Mills, Byculla Rebranded the company as Marathon Nextgen Realty Limited in 2007 Major Acquired 5.85 acres of land in Bhandup 2017 2
Slide 10: Growth Drivers
Amalgamation Strategically & Arrangement Positioned Land Banks & Dominance Growth in Key Micro Markets Drivers With strategic foresight, deep capabilities, and a clear focus, we’ve built a resilient Diversified platform for the future. Qualified Portfolio Excellent Institutional for Risk In-House Pl
Slide 11: Qualified Institutional Placement
Accelerating Growth with a Stronger Foundation Raised `900 Cr through Strong participation from Capital to be used for debt Quali ed Institutional marquee global and domestic reduction, project acceleration, Placement (QIP). investors. and growth pipeline. Qualified Institutional Placement The succe
Slide 12: Amalgamation & Arrangement
Value Unlocking The merging entity has 418 acres of land and a few live projects which have a developable area potential of 4.2 Cr. sq.ft. Stronger Creditworthiness Amalgamation Improve credit rating potential & Arrangement Potential to lower cost of debt Value for shareholders Operational Streamlin
Slide 13: Amalgamation & Arrangement - Approvals and Timelines
EVENT STATUS Board approval and press release (Reg. 30 disclosure) Completed Filing of scheme with the stock exchanges Completed No-objection letter from the stock exchanges In Process NCLT approval Post NOC from stock exchange Scheme to take around ~10 – 12 months subject to the requisite approvals
Slide 14: Amalgamation & Arrangement - Proposed Structure
Amalgamation & Arrangement PROPOSED STRUCTURE Marathon Nextgen Realty Limited Assets of MNRL Assets in Subsidiaries of MNRL Assets in LLP Two Panvel MEPL MPIPL NFSPL MWSPL NLPL TAPL SRTLLP Bhandup Futurex 1 Panvel Futurex 2 Chambers Central Nexzone (Holding (Holding (Holding (Holding (Holding (Holdi
Slide 15: Pre & Post Merger Portfolio Snapshot
PRE MERGER PORTFOLIO Project Portfolio Location Ownership % Unsold Area MNRL Share of Area In sq.ft. Unsold In sq.ft. Monte South (Residential) Existing Portfolio Byculla 40% 9,08,889 3,63,556 Monte South (Commercial) Existing Portfolio Byculla 40% 7,50,000 3,00,000 Nexzone (Residential) Existing Po
Slide 16: Diversified Portfolio For Risk Mitigation
Mid Size Affordable Commercial Residential Diverse Product Mix Marathon’s diversi ed portfolio includes luxury residential (Monte South), a ordable housing (NeoHomes), commercial spaces (Futurex), and large-scale townships (Nexzone). Diversified 15% Portfolio 10% 31% Risk Mitigation For Risk This di
Slide 17: Diversified Portfolio For Risk Mitigation
AFFORDABLE PREMIUM & OFFICE RETAIL HOUSING LUXURY HOUSING SPACE SPACE 19,10,739 6,71,312 5,66,031 2,379 COMPLETED sq.ft. sq.ft.. sq.ft. sq.ft. PROJECTS 61% 21% 18% 0.1% 8,11,380 7,33,222 1,79,440 19,110 Diversified ONGOING PROJECTS sq.ft. sq.ft. sq.ft. sq.ft. Portfolio 47% 42% 10% 1.1% For Risk UPCO
Slide 18: Strategically Positioned Land Banks & Dominance
PANVEL BH ANDUP DOMBIVLI 205 acres 130 acres 83 acres Strategically OUR PERFORMANCE IN THE EXISTING MICRO MARKET Positioned Marathon Nexzone ranks in the Marathon NeoHomes ranks in Marathon Group ranks in the Land Banks & top 3 projects in terms of marketable supply & sales volume the top 5 in terms
Slide 19: Excellent In-House Capabilities
Land Identi cation & Acquisition Conduct feasibility studies and market analysis. Identify and negotiate suitable land parcels. Complete legal due diligence and acquisition formalities. Design Excellent In-house team of architects and designers using advanced CAD tools. In-House Equipped with the la
Slide 20: Excellent In-House Capabilities
Marketing Sales & Sourcing In-house creative, digital, and 3D teams produce Large sourcing team with 250+ active monthly channel high-quality images and collateral. partners. Digital marketing drives lead generation and Sales team uses tools like touchscreens, AR, and VR to brand awareness. improve
Slide 21: Business Highlights
Capital Raise Project Progress ₹900 Crore raised via QIP for growth Nexzone Antilia: Full tower OC received. initiatives and debt reduction. Nexzone Triton & Atria: OC received up to 30th floor. Financial Strength Pro tability Post QIP, we have substantially reduced our Q1 FY26 PAT of ₹62 Cr, a YOY
Slide 22: Result Highlights
OPERATIONAL HIGHLI GH TS FINANCIAL H IGHLI GHTS 77,759 Sq.Ft. ₹191 Cr AREA SOLD TOTAL I NCOM E ₹183 Cr ₹81 Cr BOOKING VALUE (REGI STER ED) EB ITDA (42.4% EBI TDA MAR GI N) Result Highlights ₹239 Cr ₹62 Cr A summary of our standout COLLECTIONS (REGISTE RE D) PAT (32.3 % PAT MARGIN) nancial achievemen
Slide 23: Quarterly Consolidated
Revenue EBITDA PAT ₹ in Cr ₹ in Cr/ MARGIN (%) EBITDA Margin% ₹ in Cr/ MARGIN (%) PAT Margin% 41.9 42.9 42.4 32.8 32.3 Q1 FY26 191 43 41.25 34 29.8 28.8 90 70 37.5 21.8 39.5 188 36.9 25.5 Q4 FY25 37.75 Quarterly 67.5 52.5 36 17 Q3 FY25 150 81 81 62 45 35 54 8.5 64 62 63 49 49 Consolidated Q2 FY25 16
Slide 24: Sales & Collections in Q1 FY26
Project Area Sold Booking Value Realisation Collection (in sq.ft.) Registered (in ` Cr.) (per sq.ft.) (in ` Cr.) Monte South* 11,688 41 35,205 53 Sales & Collections Nexzone 33,606 36 10,569 56 in Q1 FY26 NeoPark/ NeoSquare 4,933 9 17,651 20 Q1 FY26 began on a promising note, with steady sales acros
Slide 25: Debt Profile
Net Debt (₹ In Cr) 838 751 Debt 542 Profile Our debt pro le re ects a conservative nancial 0 approach with a strong focus FY23 FY24 FY25 Q1 FY26 on maintaining low leverage, optimizing cost of capital, and ensuring ample liquidity for Completed `900 crore QIP in June 2025, with future growth. `340 c
Slide 26: Portfolio Summary
Project Location Ownership Total Sold Unsold MNRL Share of % Gross Domestic Value Gross Domestic Gross Domestic Unsold in ` Cr Value in ` Cr Value in ` Cr Gross Domestic Value in ` Cr Monte South Byculla 40% 9,136 2,369 6,767 2,707 Portfolio Nexzone Panvel 91% 2,641 2,001 640 640 Summary NeoPark/ Wi
Slide 27: Ongoing Projects
ONGOIN G PROJECT STATU S Project Location Ownership Total Completion Area Sold in Sale Value of Collection Area Estimated % Carpet % Sq.Ft. Registered from Sold Unsold in Revenue Area (Registered Units (in ₹ Cr) Area (in ₹ Sq.Ft. from unsold (in sq.ft.) Units) Cr) (Registered area (in ₹ Units) Cr)*
Slide 28: Upcoming Projects
Project Location Ownership Total Carpet Area Estimated Sale Value (in sq.ft.) (in ₹ Cr.) Monte South Phase 3 Byculla 40% 4,00,000 1,600 Residential ** Monte South Phase 3 Byculla 40% 7,50,000 3,375 Commercial ** Upcoming Nexzone Phase 3 Residential Panvel 91% 3,12,500 330 Projects Nexzone Phase 3 Co
Slide 29: Thank You
Thank You Marathon Nextgen Realty Limited Mr. Avinash Tanawade • +91 22 6724 8484 • avinash.tanawade@marathonrealty.com
Marathon Nextgen Realty — Q1 FY2026 Earnings Presentation on 6ix