Marathon Nextgen Realty Limited
Marathon Nextgen Realty Ltd was incorporated in 1978. It is primarily engaged in the business of construction, development and sale of commercial and residential real estate projects. The co. is entering into new areas like SEZs, townships, infrastructure development, entertainment and leisure, education, hospitality and the capital markets.
What Marathon files
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Marathon Nextgen Realty Limited has informed the Exchange regarding Proceedings of Court Convened General Meeting of Unsecured Creditors held on September 07, 2026
Marathon Nextgen Realty disclosed its FY2025-26 Business Responsibility and Sustainability Report, showcasing ongoing green building, waste, and employee welfare initiatives. While environmental resource usage remained stable, intensity per rupee of turnover rose due to lower revenue. No new material financial impacts from identified risks were noted.
Marathon expanded its Mumbai footprint with new redevelopment projects in Versova (Rs. 450+ Cr GDV) and Sewri (Rs. 450 Cr GDV). The company actively explores further growth opportunities across the Mumbai Metropolitan Region.
Marathon Nextgen Realty Q1 FY27 revenue hit a multi-quarter high of ₹217 Cr, with PAT at ₹52 Cr. The company remains net debt-free, expanded its pipeline with two new redevelopment projects worth ₹900 Cr GDV, and completed OC for Nexzone towers.
Marathon Nextgen Realty has scheduled shareholder & creditor meetings to approve a major Composite Scheme of Amalgamation and Arrangement. This strategic move aims to restructure the company alongside Matrix Water, Sanvo Resorts, Marathon Realty, and other entities.