Marathon Nextgen Realty Limited · NSE:MARATHON
Marathon Nextgen Realty — Q4 FY2024 Earnings Presentation
33 slides from Marathon Nextgen Realty's earnings presentation, May 28, 2024
Slide 1: Exchange filing cover letter
Date: May 28, 2024 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 Code: MARATHON Sub: Investor Presentation – Fourth Quarter and Year en
Slide 2: Redefining Real Estate. Investor Update Q4 FY24
M a r a t h o n N e x t g e n Re a l t y L i m i t e d Redefining Real Estate. INVESTOR UPDATE FOR THE QUARTER ENDED 31 st MARCH 2024
Slide 3: Marathon Group at a Glance
M a r a t h o n N e x t g e n Re a l t y L i m i t e d Who We Are 03 Marathon NextGen Realty Limited 04 Geographical Presence (Ongoing Projects) 05 Marathon Group at a Glance 1/6
Slide 4: Who We Are
M A R A T HON GR OUP A T A GLA NCE Who We Are Elevation of Marathon NeoValley Portfolio includes Projects ongoing commercial, luxury Established at Panvel, Byculla, residential, in 1969. Lower Parel, townships, Listed in 1978. Dombivli and affordable housing Bhandup and retail 52+ 100+ 4 Mn Sq.ft Ye
Slide 5: Marathon NextGen Realty Limited
M A R A T HON GR OUP A T A GLA NCE Marathon NextGen Realty Limited Marathon Public Group MNRL NSE : MARATHON 40% 91% 100% 90% 100% 100% NeoPark/ NeoValley Monte South Nexzone NeoSquare Millennium Futurex M a r a t h o n N e x t g e n Re a l t y L i m i t e d INVESTOR UPDATE | MAY 2024 04
Slide 6: Geographical Presence (Ongoing Projects)
M A R A T HON GR OUP A T A GLA NCE Geographical Presence (Ongoing Projects) 1 2 Commercial Affordable Housing Millennium, LBS, Mulund (W) Corporate offices & NeoPark, NeoSquare and 1 Small business offices Futurex, Lower Parel Neo Valley (Neo series) 2 NeoHomes, Bhandup (W) 4 3 3 Nexzone, Panvel 4 M
Slide 7: Highlights
M a r a t h o n N e x t g e n Re a l t y L i m i t e d Business Highlights – FY24 07 Results Highlights (Consolidated) – FY24 08 Quarterly & Sales & Collections (Consolidated) – FY24 09 Quarterly (Consolidated) – Operational Highlights 10 Quarterly (Consolidated) – Financial Highlights 11 Annual Ann
Slide 8: Business Highlights – FY24
A NNUA L HIGHLIGHT S Business Highlights – FY24 1. Acquired 14 acres land in Bhandup with total development potential of 2.1 Mn sq.ft. and GDV of Rs. 2250 Crores. 2. Marathon Futurex, one of the biggest commercial tower of Mumbai, received occupation certificate up to the 38th floor (top floor). 3.
Slide 9: Results Highlights (Consolidated) – FY24
HA LF-YEAR LY HIGHLIGHT S Results Highlights Booking Value, Area Sold and Collections Elevation of Marathon Nexzone (Consolidated) – FY24 data includes 40% share from Monte South project 5,61,475 Sq. ft. ₹ 817Crore ₹ 695 Crore area sold Booking Value Collections (Registered) ₹ 705Crore ₹ 180 Crore R
Slide 10: Sales & Collections (Consolidated) – FY24
FY2 4 HIGHLIGHT S Sales & Collections (Consolidated) – FY24 PROJECT PROJECT LOCATION AREA SOLD BOOKING VALUE REALIZATION COLLECTIONS TYPE (MUMBAI) (REGISTERED) (Sq.ft.) (₹ Cr) (₹/Sq.ft.) (₹ Cr) MONTE SOUTH* Residential Byculla 1,10,670 251 22,659.18 166 MARATHON NEXZONE Residential Panvel 1,76,111 1
Slide 11: Quarterly (Consolidated) Operational Highlights
QUA R T E R LY HIGHLIGHT S Quarterly (Consolidated) Elevation of Marathon NeoValley Booking Value Area Sold (₹ IN CRORES) (IN SQ. FT.) 258 1,71,757 300 2,00,00 0 1,80,00 0 1,30,991 250 199 1,60,00 0 200 185 175 1,40,00 0 1,19,191 1,31,905 1,26,822 147 1,20,00 0 150 1,00,00 0 80,000 100 60,000 40,000
Slide 12: Quarterly (Consolidated) Financial Highlights
QUA R T E R LY HIGHLIGHT S Quarterly (Consolidated) Elevation of Marathon Nexzone Revenue from Operations EBITDA* (₹ IN CRORES) (₹ IN CRORES) EBITDA Margin 47.4% 43.4% 250 210 210 50.0% 36.5% 40.3% 120 170 45.0% 155 28.4% 100 200 40.0% 129 35.0% 80 150 30.0% 25.0% 60 100 20.0% 40 15.0% 51 80 66 96 6
Slide 13: Annual (Consolidated)
A NNUA L HIGHLIGHT S Annual (Consolidated) Revenue from Operations EBITDA* PAT (₹ IN CRORES) (₹ IN CRORES) (₹ IN CRORES) EBITDA Margin EBITDA Margin 717 705 38.6% 41.4% 24.0% 37.1% 33.2% 800 45.0% 350 30.0% 180 700 40.0% 30.9% 300 25.0% 160 16.3% 35.0% 140 600 250 30.0% 20.0% 120 306 11.3% 500 10.0%
Slide 14: Debt Profile
QUA R T E R LY HIGHLIGHT S Debt Profile Elevation of Marathon Futurex Net Debt Net Debt to Equity Ratio (₹ IN CRORES) (IN %) 1,400 200% 183% 1,190 180% 1,200 160% 838 1,000 140% 800 717 751 120% 118% 552 93% 75% 100% 600 107% 404 80% 400 60% 65% 40% 200 20% 0 0% FY19 FY20 FY21 FY22 FY23 FY24 FY19 FY
Slide 15: Land Bank & Portfolio
M a r a t h o n N e x t g e n Re a l t y L i m i t e d Ongoing Projects 14 Key Ongoing Projects 15 Upcoming Projects 17 Land Bank 18 Land Bank & Portfolio 3/6
Slide 16: Ongoing Projects
LA ND B A NK & P OR T FOLIO Ongoing Projects PROJECT NAME PROJECT LOCATION OWNERSHIP TOTAL SALE COMPLETION AREA SOLD IN SALE VALUE OF COLLECTION ESTIMATED ESTIMATED MONTH / TYPE % AREA % SQ.FT. REGISTERED FOM SOLD AREA REVENUE FROM YEAR OF COMPLETION UNITS UNSOLD AREA (sq.ft.) (Registered (in Cr.) (
Slide 17: Key Ongoing Projects (1/2)
LA ND B A NK & P OR T FOLIO Key Ongoing Projects (1/2) 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 ▪ Award-winning luxury homes near South Mumbai ▪ Spaces ranging from 80
Slide 18: Key Ongoing Projects (2/2)
LA ND B A NK & P OR T FOLIO Key Ongoing Projects (2/2) NeoPark , Neo Square and Neo Valley (Bhandup West) Marathon Nexzone (Panvel) ▪ Residential Apartments Affordable ▪ 1 & 2 BHK Smart & Studio - ▪ 1, 2 & 2.5 BHK homes across 19 towers housing project in Bhandup West, NEO, a new product brand in lo
Slide 19: Upcoming Projects
LA ND B A NK & P OR T FOLIO Upcoming Projects PROJECT NAME PROJECT TYPE LOCATION OWNERSHIP TOTAL SALEABLE ESTIMATED SALE % AREA VALUE (Sq.ft.) (In ₹ Cr) 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 Resi
Slide 20: Land Bank
LA ND B A NK & P OR T FOLIO Land Bank Marathon Group has extensive land banks Thane Dombivli across the Mumbai Metropolitan Region (MMR). 100+ 50+ acres 100+ 100+ T acres D acres acres Panvel Thane 100+ B acres 50+ acres Bhandup P Bhandup Dombivli 100+ acres MNRL intends to utilize the vast availabl
Slide 21: Company Profile
M a r a t h o n N e x t g e n Re a l t y L i m i t e d Leadership & Management 20 Marathon Group Leadership 21 Company Profile 4/6
Slide 22: Leadership & Management
COM P A NY P R OFILE Leadership & Management Mr. Chetan R. Shah Mr. Mayur R. Shah Mrs. Shailaja Shah Chairman & MD President Director ▪ B. Tech. (Civil Engineering) ▪ Civil Engineer from University ▪ Part of Promoter Group from IIT Bombay and M.S. of Bombay and M.S. in (Structural Engineering) Struc
Slide 23: Marathon Group Leadership
COM P A NY P R OFILE Marathon Group Leadership Beach View in Luxury Residential Mr. Kaivalya Shah Mr. Parmeet Shah Mr. Samyag Shah Director Director Director ▪ BE - Structural Engineering, ▪ BA - Economics, ▪ BA - Economics, University University of California, Yale University and MS, of California,
Slide 24: Marathon Group
M a r a t h o n N e x t g e n Re a l t y L i m i t e d About the Marathon Group 23 Shaping the skyline…. Since 1969 – Our Completed projects 24 Marathon Group - Redefining Real Estate…..Since 1969 25 Our Growth Strategy 26 How Marathon creates Value 27 Marathon Awards and Recognitions 28 Group 5/6
Slide 25: About the Marathon Group
M A R A T HON GR OUP About the Marathon Group 8.4 Mn Sq.ft Completed Projects Futurex Nextown Nexzone Monte Carlo & Monte South 6.2 Mn Sq.ft Lower Parel Kalyan-Shil Rd Panvel Monte Plaza Byculla West Mulund West Existing Portfolio 15 Mn Sq.ft Upcoming Projects 26.60 Mn Sq.ft NeoHomes Bhandup West Ne
Slide 26: Shaping the skyline Since 1969 - Our Completed projects
M A R A T HON GR OUP Shaping the skyline Since 1969 - Our Completed projects 1979 1982 2006 2012 1997 2020 Rita Tirupati & Marathon Marathon Udyog Kshetra Marathon Apartments Balaji NextGen Era Onyx 64,585 Sq.Ft. Monte Plaza 20,000 45,000 Sq.Ft. 4,11,000 Sq.Ft. Sq.Ft. 1999 Marathon Heights 1977 1985
Slide 27: Marathon Group – Redefining Real Estate since 1969
M A R A T HON GR OUP Marathon Group – Elevation of Marathon NeoValley Redefining Real Estate We are currently building several townships in the fastest growing since 1969 neighborhoods, ultra luxury skyscrapers in the heart of the city, affordable housing projects, small Marathon Group is a Mumbai b
Slide 28: Our Growth Strategy
M A R A T HON GR OUP Our Growth Strategy Advanced A transparent & well- building informed marketing maintenance strategy coupled with system value added services Construction to enhance customer innovation that awareness and aid deliver decision making Creating an ideal outstanding product design by
Slide 29: How Marathon creates value
M A R A T HON GR OUP How Marathon "One of our core strengths has been identifying the creates value potential of land parcels early. We have done this at Lower Parel, Byculla, Panvel, Amenities inside Bhandup and Dombivli" Residential apartments Mill land at Lower Parel High growth regions Large sca
Slide 30: Awards and Recognitions
M A R A T HON GR OUP Awards and Recognitions Top Challenger Affordable Housing of the Year 2019 The extraordinaire-Brand Construction World Global Awards, 2022 Estrade Awards (Real Estate Category) 2018-19 Brand Vision by Nexbrands, Marathon Group Developer of the Year 2019 Developer of the Year Dev
Slide 31: Annexure
M a r a t h o n N e x t g e n Re a l t y L i m i t e d Shareholding & Price movement 30 Annexure 6/6
Slide 32: Shareholding & Price movement
S HA R E P R ICE P E R FOR M A NCE Shareholding & Price movement BSE Ticker 503101 250 NSE Symbol MARATHON 230 Issued Shares (Cr) 5.12 227 Market Cap* (in ₹ Cr) 2,145 210 Promoter Holding 73.68% 190 186 Rebased to 100 170 150 130 125 110 90 70 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Aug-23 Sep-23 Oct-23
Slide 33: Thank you
M a r a t h o n N e x t g e n Re a l t y L i m i t e d Thank you CONTACT US Townships | Marathon Nextgen Luxury Projects | Realty Limited Affordable Homes Mr. Kaivalya Shah Ernst &Young LLP | Business Spaces Director - Marathon • Mr. Diwakar Pingle | Retail diwakar.pingle@in.ey.com Nextgen Realty Li
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