Marathon Nextgen
Marathon Nextgen Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Q1 FY27 earnings call: what management guided on revenue, margins and order book.
What the Q1 FY27 call signalled
2 of 5 strong
The short version
FY27 started strong with total income of INR 217 crores, a multi-quarter high. Marathon Nextgen Realty Limited started FY27 on a strong note with multi-quarter high total income of INR 217 crores and EBITDA of INR 66 crores.
From Marathon Nextgen's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Revenue & Sales Performance
- FY27 started strong with total income of INR 217 crores, a multi-quarter high.
- Healthy sales momentum sustained at Monte South with ~35,000 sq ft sold during Q1, booking value INR 125 crores.
- Expect better results in coming quarters due to new phase launch in Bhandup and Panvel project progress.
- Ready-to-move-in inventory at key projects like Futurex and Monte South to boost collections and sales velocity.
- Redevelopment segment showing promise with INR 900 crores GDV added recently; selective approach anticipated to drive quality opportunities.
- PTC sales in Bhandup expected to generate presales in near future, indicating rising demand.
- Overall outlook for FY27 is positive with strong pipeline, enhanced liquidity, multiple growth avenues, and diversified project portfolio across premium, affordable, and commercial segments.
- Focus on converting opportunities into consistent execution, healthy cash generation, and sustainable value creation.
Profitability & Margins
See what Marathon Nextgen said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- The company plans to deploy approximately INR 200 crores of surplus capital towards new projects in FY27.
- Strategic focus includes balanced projects across city, suburbs, and extended areas of MMR.
- Recent acquisitions added redevelopment GDV of INR 900 crores in Versova and Sewri.
- They are selectively adding new development opportunities based on location, viability, approvals, structure, and capital efficiency.
- Emphasis on execution of ongoing projects, driving sales and collections, and timely market launches.
- Post-merger consolidation will bring over 400 acres of land and several ongoing projects under one portfolio, enhancing future development visibility.
- Maintaining a debt-free balance sheet provides flexibility for selective capital deployment in growth opportunities, including commercial projects like Monte South commercial development (estimated GDV INR 3,400 crores).
- Initiated a new vertical: Permanent Transit Camps (PTC) sales, expecting future presales from this area.
Top-ranked in Realty
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Marathon Nextgen said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- The existing portfolio of Marathon Nextgen Realty Limited has an estimated unsold GDV (Gross Development Value) of approximately INR 8,000 crores.
- Two recently added redevelopment projects in Versova and Sewri contribute an additional INR 900 crores GDV.
- The broader land bank coming through the proposed merger provides substantial visibility for future development, adding over 400 acres of land and several ongoing projects.
- The company expects to deploy around INR 200 crores of capital toward new projects in FY27.
- The redevelopment opportunity pipeline is very large due to many buildings in Mumbai being over 40-50 years old and redevelopment becoming financially viable.
- Selectivity remains crucial, focusing on prime locations with strict financial metrics and expected EBITDA margins around 30-35%.
Marathon Nextgen — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹114 Cr, net profit ₹46 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Marathon Nextgen Realty Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Marathon Nextgen Q1 FY27 results?
FY27 started strong with total income of INR 217 crores, a multi-quarter high. Marathon Nextgen Realty Limited started FY27 on a strong note with multi-quarter high total income of INR 217 crores and EBITDA of INR 66 crores.
What is Marathon Nextgen share price analysis?
Marathon Nextgen currently shows a below-average growth signal. The stock trades at a P/E of 12.2 with a market cap of ₹2,376 Cr. Investors should review the full earnings analysis for detailed insights.
Is Marathon Nextgen planning capital expenditure?
The company plans to deploy approximately INR 200 crores of surplus capital towards new projects in FY27.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.