| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 129 | 117 | +10.4% |
| EBITDA | 45.1 | 42.0 | +7.3% |
| EBITDA margin | 35.0% | 36.0% | −1.0 pts |
| Profit before tax | 59.7 | 77.8 | −23.2% |
| Net profit | 45.2 | 66.5 | −32.1% |
| EPS | ₹6.70 | ₹9.80 | −31.6% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 2,512 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 237 | 353 | 18.1 | 10.4 | 35.1 | ||
| 58.4 | 54.9 | 15.7 | 11.7 | 8.1 | ||
| 99.4 | 99.4 | 560 | 761 | 869 | ||
| 2,433 | — | — | — | — | ||
| 565 | 496 | — | 705 | 717 | ||
| — | — | — | −1.7% | — | ||
| 142 | 121 | — | 233 | 239 | ||
| 25.1% | 24.4% | — | 33.1% | 33.4% | ||
| 140 | 119 | — | 230 | 236 | ||
| 176 | 206 | — | 169 | 124 | ||
| 31.1% | 41.6% | — | 24.0% | 17.3% | ||
| ₹25.39 | ₹30.10 | — | ₹24.69 | ₹18.35 | ||
| — | — | — | +34.6% | — | ||
| — | −54.2 | −25.3 | 22.1 | 386 | ||
| — | 0.0 | — | −1.5 | 0.0 | ||
| −54.2 | −54.2 | −25.3 | 20.6 | 386 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 2,512.1 | |
| - Cash, Equiv & ST Investments | 35.1 | 10.4 | 18.1 | 353.2 | 237.2 | |
| + Minority Interest | 8.1 | 11.7 | 15.7 | 54.9 | 58.4 | |
| + Total Debt | 868.8 | 760.9 | 560.3 | 99.4 | 99.4 | |
| Enterprise Value | — | — | — | — | 2,432.7 | |
| Revenue | 716.5 | 704.6 | — | 496.1 | 564.9 | |
| Growth %, YoY | — | -1.7 | — | — | — | |
| EBITDA | 239.3 | 232.8 | — | 121.1 | 141.5 | |
| Margin % | 33.40 | 33.05 | — | 24.41 | 25.05 | |
| EBIT | 236.2 | 229.9 | — | 119.5 | 140.0 | |
| Net Income | 123.7 | 168.8 | — | 206.4 | 175.9 | |
| Margin % | 17.26 | 23.95 | — | 41.59 | 31.13 | |
| EPS, Adj (current shares) | 18.35 | 24.69 | — | 30.10 | 25.39 | |
| Growth %, YoY | — | +34.6 | — | — | — | |
| Cash from Operations | 386.3 | 22.1 | -25.3 | -54.2 | — | |
| Capital Expenditures | -0.0 | -1.5 | — | -0.0 | — | |
| Free Cash Flow | 386.3 | 20.6 | -25.3 | -54.2 | -54.2 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Marathon Nextgen Realty (NSE: MARATHON) had a market capitalisation of ₹2,517 crore at the 30 October 2026 close (₹373.25 a share), a PE ratio of 14.7 on the last four quarters' profit and a price-to-book ratio of 1.07. In FY26 its consolidated net profit attributable to shareholders was ₹203 crore on revenue of ₹496 crore; in Q2 FY27 (July–September 2026) it was ₹43.9 crore, down 33.5% year on year. Its debt-to-equity ratio was 0.06 on 30 September 2026. Promoters held 56.40% of the shares on 30 September 2026.
Marathon Nextgen Realty's PE ratio is 14.7 at the 30 October 2026 close (₹373.25 a share): a market capitalisation of ₹2,517 crore divided by consolidated net profit attributable to shareholders of ₹171 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹203 crore) it is 12.4.
Marathon Nextgen Realty's price-to-book (PB) ratio is 1.07 at the 30 October 2026 close: a market capitalisation of ₹2,517 crore divided by shareholders' equity (book value) of ₹2,363 crore on 30 September 2026. That is a book value of ₹350.30 per share against a share price of ₹373.25.
In FY26, Marathon Nextgen Realty's return on equity (ROE) was 11.8% and its return on capital employed (ROCE) was 6.0%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities).
Marathon Nextgen Realty's market capitalisation was ₹2,517 crore at the 30 October 2026 close: 6.74 crore shares at ₹373.25 each.
No. Marathon Nextgen Realty had borrowings of ₹136 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.06. Its cash and current investments were ₹298 crore, so it held net cash of ₹162 crore.
Marathon Nextgen Realty's debt-to-equity ratio was 0.06 on 30 September 2026: borrowings of ₹136 crore against total equity of ₹2,421 crore. A year earlier, on 30 September 2025, it was 0.03.
Marathon Nextgen Realty's net worth — shareholders' equity in its consolidated balance sheet — was ₹2,363 crore on 30 September 2026, up 7.5% from ₹2,198 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹2,517 crore at the 30 October 2026 close.
Marathon Nextgen Realty's book value per share was ₹350.30 on 30 September 2026: shareholders' equity of ₹2,363 crore divided by the 6.74 crore shares in issue, up 7.4% from ₹326.04 a year earlier. The share price at the 30 October 2026 close was ₹373.25.
Marathon Nextgen Realty's dividend yield is 0.27% at the 30 October 2026 close: dividends of ₹1 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹373.25. They were ₹1 on 18 September 2026.
Marathon Nextgen Realty's basic earnings per share (EPS) were ₹32.56 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹26.08.
In 2026, Marathon Nextgen Realty has declared one dividend: ₹1 with record date 18 September 2026.
Promoters held 56.40% of Marathon Nextgen Realty on 30 September 2026, down 0.02 percentage points from 56.42% the previous quarter and up 0.48 percentage points from 55.92% a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Marathon Nextgen Realty's shares were held by promoters 56.40%, foreign portfolio investors (FII/FPI) 2.59%, domestic institutions (DII) 14.47% (including mutual funds at 9.93%) and retail and other non-institutional investors 26.54%. Over the year, FII holding was down 4.30 percentage points from 6.89% and DII holding was down 1.12 percentage points from 15.59%.
At the 30 October 2026 closing prices, on FY26 net profit attributable to shareholders, Marathon Nextgen Realty's PE ratio is 12.4, the third highest of the four: Hubtown 17.6, Arvind SmartSpaces 26.8 and Alembic 9.7, a peer average of 18.1. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Marathon Nextgen Realty earned net profit attributable to shareholders of ₹203 crore on revenue of ₹496 crore, against ₹148 crore on ₹644 crore for Hubtown. Marathon Nextgen Realty's operating margin was 24.1% (Hubtown 23.3%) and its return on equity 11.8% (Hubtown 5.9%). At the 30 October 2026 close, Marathon Nextgen Realty's market capitalisation was ₹2,517 crore against ₹2,613 crore for Hubtown, and its PE ratio on FY26 profit 12.4 against 17.6.
In FY26, Marathon Nextgen Realty generated ₹54.2 crore of cash from operations and spent ₹0 lakh on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹54.2 crore. In FY25 it was −₹25.3 crore.
Marathon Nextgen Realty's latest results are for Q2 FY27 (July–September 2026): consolidated net profit attributable to shareholders ₹43.9 crore, down 33.5% from ₹66 crore in Q2 FY26; revenue from operations ₹129 crore, up 10.4% year on year.
In FY26 (April 2025–March 2026), Marathon Nextgen Realty's consolidated net profit attributable to shareholders was ₹203 crore, on revenue from operations of ₹496 crore. Over three years, from FY23, net profit was up 64.1%.
Marathon Nextgen Realty has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On FY26 consolidated figures, against Hubtown, Arvind SmartSpaces and Alembic: Marathon Nextgen Realty's operating margin of 24.1% is the third highest of the four (Hubtown 23.3%, Arvind SmartSpaces 25.8%, Alembic 32.5%; peer average 27.2%); its return on equity of 11.8% is the second highest of the four (Hubtown 5.9%, Arvind SmartSpaces 15.5%, Alembic 9.6%; peer average 10.3%); its revenue growth over three years of −11.5% a year is the lowest of the four (Hubtown 26.3% a year, Arvind SmartSpaces 30.1% a year, Alembic 23.6% a year; peer average 26.7% a year).
From Marathon Nextgen Realty's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.