Marathon Nextgen Realty Limited · NSE:MARATHON
Marathon Nextgen Realty — Q3 FY2024 Earnings Presentation
31 slides from Marathon Nextgen Realty's earnings presentation, February 2024
Slide 1: Redefining Real Estate. Investor Update Q3 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 DECEMBER 2023
Slide 2: 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 3: 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 4: 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 | FEBRUARY 2024 04
Slide 5: 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 6: Quarterly & Nine Month 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 Results Highlights (Consolidated) – 9M FY24 07 Sales & Collections (Consolidated) – 9M FY24 08 Quarterly & Quarterly (Consolidated) – Operational Highlights 09 Quarterly (Consolidated) – Financial Highlights 10 Annual (Consolidated) – Financial
Slide 7: Results Highlights (Consolidated) – 9M FY24
HA LF-YEAR LY HIGHLIGHT S Results Highlights Booking Value, Area Sold and Collections Elevation of Marathon Nexzone (Consolidated) – 9M FY24 data includes 40% share from Monte South project 4,34,653 Sq. ft. ₹ 642Crore ₹ 507 Crore area sold Booking Value Collections (Registered) ₹ 549Crore ₹ 136 Cror
Slide 8: Sales & Collections (Consolidated) – 9M FY24
9 M FY2 4 HIGHLIGHT S Sales & Collections (Consolidated) – 9M FY24 PROJECT PROJECT LOCATION AREA SOLD BOOKING VALUE REALIZATION COLLECTIONS TYPE (MUMBAI) (REGISTERED) (Sq.ft.) (₹ Cr) (₹/Sq.ft.) (₹ Cr) MONTE SOUTH* Residential Byculla 95,134 215 22,569.98 124 MARATHON NEXZONE Residential Panvel 1,36,
Slide 9: 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.) 300 271 258 2,00,00 0 1,80,00 0 1,66,106 1,71,757 250 1,30,991 199 1,60,00 0 200 185 1,40,00 0 1,19,191 1,31,905 147 1,20,00 0 150 1,00,00 0 80,000 100 60,000 40,000
Slide 10: 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 278 49.2% 300 60.0% 47.4% 43.4% 160 250 210 210 50.0% 36.5% 140 170 28.4% 120 129 200 40.0% 100 150 30.0% 80 60 100 20.0% 143 51 80 66 96 40 50
Slide 11: Annual (Consolidated) Financial & Operational Highlights
A NNUA L HIGHLIGHT S Annual (Consolidated) Revenue from Operations EBITDA* PAT (₹ IN CRORES) (₹ IN CRORES) (₹ IN CRORES) EBITDA Margin EBITDA Margin 72.8% 38.0% 800 717 80.0% 350 40.0% 140 700 70.0% 35.0% 300 120 37.1% 38.6% 600 60.0% 30.0% 250 100 500 306 50.0% 30.9% 33.2% 200 25.0% 16.3% 80 241 20
Slide 12: 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% 800 717 733 120% 118% 552 93% 100% 600 107% 404 80% 400 60% 65% 75% 40% 200 20% 0 0% FY19 FY20 FY21 FY22 FY23 9MFY24 FY19
Slide 13: 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 14: 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 15: 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 16: 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 17: 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 18: 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 19: 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 20: 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 21: 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 Project Head Project Head Project Head ▪ BE - Structural Engineering, ▪ BA - Economics, ▪ BA - Economics, University University of California, Yale University and MS, of
Slide 22: 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 23: 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 24: 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 25: 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 26: 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 27: 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 28: 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 29: 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 30: Shareholding & Price movement
S HA R E P R ICE P E R FOR M A NCE Shareholding & Price movement BSE Ticker 503101 230 NSE Symbol MARATHON Issued Shares (Cr) 5.12 210 Market Cap* (in ₹ Cr) 1,985 190 Promoter Holding 73.68% 81% 170 79% Rebased to 100 150 130 19% 110 90 70 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-
Slide 31: 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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