Marathon Nextgen Realty Reports Robust Q1 FY27: Revenue Hits Multi-Quarter High as PAT Stands Firm

Marathon Nextgen Realty Reports Robust Q1 FY27: Revenue Hits Multi-Quarter High as PAT Stands Firm​

Mumbai – Marathon Nextgen Realty Limited, a prominent real estate developer engaged in residential and commercial projects, reported its unaudited financial results for the first quarter ended June 30, 2026. The company demonstrated resilient profitability and steady operational progress, posting a total revenue of ₹217 crore while maintaining a Profit After Tax (PAT) of ₹52 crore.

The Chief Executive Officer, Mr. Chetan Shah, commented on the strong performance, noting that the quarter reflected the resilience of the business model, which was supported by disciplined execution and healthy collections. Marathon Nextgen Realty Limited remains net debt-free, maintaining a positive net cash position.

A key operational achievement during the quarter was securing full Occupancy Certificates for the Cedar and Daffodil towers at Nexzone, a milestone that facilitates customer handovers and supports future collection streams. Construction activities are advancing as planned across several key developments, including Monte South, Bhandup, and Nexzone, underscoring a commitment to timely delivery.

Strategically, the company strengthened its long-term development pipeline by adding two new redevelopment projects in Versova and Sewri, valued at a Gross Development Value (GDV) of ₹900 crore. These additions support the strategy of expanding through selective redevelopment opportunities across well-connected Mumbai micro-markets while maintaining disciplined capital allocation.

The company continues to focus on timely execution of existing projects, disciplined capital deployment, and expanding its Potential Trade Certificate (PTC) sales portfolio as a growth vertical. The resilience of the Mumbai real estate market, driven by sustained enduser demand and improving infrastructure in the MMR region, positions Marathon Nextgen Realty for future opportunities across its diversified residential and commercial portfolio.

Q1 FY27 Financial Performance Summary​

The Consolidated Financial Performance for the quarter reflects solid execution across both revenue generation and profitability:

Operational Highlights​

The operational metrics indicate robust activity across both the existing and merged portfolios. Key performance indicators are detailed below:

About Marathon Nextgen Realty Ltd.​

Marathon Group has been a fixture in shaping Mumbai’s skyline for over 56 years, established in 1969 by Ramniklal Zaverbhai Shah. The group boasts a portfolio spanning townships, luxury residential and affordable housing, retail spaces, small business areas, and corporate parks, having completed over 100 projects in the city. Marathon possesses strong in-house capabilities in design, engineering, execution, marketing, and sales.

MARATHON Stock Price Movement​

On Friday, shares of Marathon Nextgen Realty Limited shed ₹0.80, closing down 0.21% at ₹386.1. The equity saw solid trading activity during the day, with a total volume of 98,796 shares recorded.