# Marathon Nextgen Realty share price today (Marathon Nextgen Realty Ltd, NSE: MARATHON) > Marathon Nextgen Realty share price today: ₹392.60 at the NSE close on 3 November 2026, down 34.8% in a year. Marathon Nextgen Realty (NSE: MARATHON) is worth ₹2,649 crore, trades at a P/E of 15.4 and has closed between ₹352.35 and ₹591.35 over the past 52 weeks. > Marathon Nextgen Realty Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. MARATHON · Realty - Regional · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/marathon-nextgen-realty-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting worse, from the last 12 quarters - Price: ₹392.60 (−34.8% in a year) - P/E: 15.4× (higher than 63% of the last 10 years) - Revenue (Sep 2026): ₹129 Cr (+10.3% on a year ago) - Profit (Sep 2026): ₹45.0 Cr (−32.8% on a year ago) - Operating margin: 35.0% (−1.0 points on a year ago) - ROCE: 8%, FY26 - ROIC: 4.8%, against a 12.0% cost of capital: −7.2 points The main question: domestic institutions moved +12.9 percentage points over 8 quarters while the business went the other way. ## What is the Marathon Nextgen Realty share price today? Marathon Nextgen Realty Ltd's share price was ₹392.60 at the close on 3 November 2026. It has been falling for 48 weeks. That is 9.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹352 and ₹591, and at that close it sat 17% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 4 weeks in a row. Over the last 11 years the share price moved +408% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Marathon Nextgen Realty this quarter? Two changes stood out: foreign funds (FIIs) cut their stake for 4 quarters in a row and profit down on a year earlier for 4 quarters in a row. 1. Foreign funds (FIIs) cut their stake for 4 quarters in a row From 6.9% to 2.6% of the company by the September 2026 quarter. 2. Profit down on a year earlier for 4 quarters in a row In the September 2026 quarter profit was ₹45 crore, -32.8% on a year earlier. ## What are Marathon Nextgen Realty's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Marathon Nextgen Realty reported revenue of ₹129 crore, up 10.3% from ₹117 crore a year earlier, and a profit of ₹45.0 crore, down 32.8% from ₹67.0 crore. ### Marathon Nextgen Realty results: July to September 2026 against a year earlier | Measure | July to September 2026 | July to September 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹129 crore | ₹117 crore | +10.3% | | Profit | ₹45.0 crore | ₹67.0 crore | −32.8% | | Earnings per share | ₹6.51 | ₹9.80 | −33.6% | | Operating margin | 35.0% | 36.0% | −1.0 points | The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). The newest call in our records is from 30 September 2026, about April to June 2026; a call about these results is not in our records yet. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.) ## What is the Marathon Nextgen Realty share price history? Marathon Nextgen Realty closed at ₹392.60 on 3 November 2026, down 34.8% from ₹601.80 a year earlier (31 October 2025) and up 329.8% over five years. Its highest weekly close since March 2016 was ₹753.05 on 18 July 2025. ### Marathon Nextgen Realty share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹370.45 | +6.0% | | 1 month ago · 1 Oct 2026 | ₹389.05 | +0.9% | | 6 months ago · 30 Apr 2026 | ₹469.45 | −16.4% | | 1 year ago · 31 Oct 2025 | ₹601.80 | −34.8% | | 3 years ago · 3 Nov 2023 | ₹423.00 | −7.2% | | 5 years ago · 4 Nov 2021 | ₹91.35 | +329.8% | | 10 years ago · 4 Nov 2016 | ₹123.73 | +217.3% | | Earliest weekly close in our records · 11 Mar 2016 | ₹77.35 | +407.6% | | Highest weekly close since March 2016 · 18 Jul 2025 | ₹753.05 | −47.9% | | Lowest weekly close since March 2016 · 27 Mar 2020 | ₹42.05 | +833.7% | | 52-week high (weekly close) · 7 Nov 2025 | ₹591.35 | −33.6% | | 52-week low (weekly close) · 21 Aug 2026 | ₹352.35 | +11.4% | Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (562 weekly closes from 11 March 2016 to 3 November 2026.) ## What is the latest news on Marathon Nextgen Realty? 3 Nov 2026: Marathon Nextgen Realty closed at ₹392.60, up 6.0% on the week and up 0.9% on the month. 30 Sep 2026: Marathon Nextgen Realty held its results call for April to June 2026. Management guided: This year's pre-sales expected above ₹1,000 crore. ### Earlier - Results for July to September 2026: Revenue up 10.3% and profit down 32.8% on a year earlier. - 18 Sep 2026: ex-date for a dividend of ₹1 a share. ## What dividend does Marathon Nextgen Realty pay? Marathon Nextgen Realty paid ₹1 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.25% at the ₹392.60 close on 3 November 2026. The last was a dividend of ₹1 a share, ex-date 18 September 2026. ### Marathon Nextgen Realty dividends since 1 April 2021 | Ex-date | Dividend per share | Type | Record date | | --- | --- | --- | --- | | 18 Sep 2026 | ₹1 | Dividend | same day | | 19 Sep 2025 | ₹1 | Dividend | same day | | 17 Sep 2024 | ₹1 | Dividend | 18 Sep 2024 | | 18 Sep 2023 | ₹1 | Dividend | same day | | 22 Sep 2022 | ₹0.50 | Dividend | n/a | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 4 of 5 Of the last 5 financial years, years with an NSE dividend record Yes. Marathon Nextgen Realty Ltd paid out 3% of its profit as dividends in FY26, and it paid a dividend in 9 of its last 11 reported years. (From the NSE corporate-actions record, read 4 November 2026.) ## What did Marathon Nextgen Realty management say on the latest results call? On the call for April to June 2026, held on 30 September 2026, Marathon Nextgen Realty's management guided: This year's pre-sales expected above ₹1,000 crore. > “We typically look for an IRR of 25%-30%. - Kevalya Shah” > Director, on the call for April to June 2026 ### What management guided - Bhandup launches of ₹550 crore GDV over the next 1-1.5 years, with larger launches around end-FY27/early FY28. - Versova and Sewri launches planned within 1-1.5 years, together representing ₹900 crore GDV. - Monte South Commercial launch within roughly 1.5 years at around ₹3,400 crore GDV. - Complete occupation certificate for Bhandup Tower B expected by year-end. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/520-30-Sep-2026.pdf). (From the call for April to June 2026, 30 September 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.) ## What to watch in Marathon Nextgen Realty's next results? When Marathon Nextgen Realty reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Bhandup launch activity by end-FY27 or early FY28 - check RERA registrations and sales progression against stated approval timelines. - What to check (from the call) - Bhandup launch activity by end-FY27 or early FY28 - check RERA registrations and sales progression against stated approval timelines. - Bhandup Tower B complete OC by year-end - verify certification and handover progression. - NCLT hearing after scheme resubmission - check sanction, completion and restated-account disclosures. - Kanjurmarg pre-sales from the ongoing project - check conversion in the next operating update. ## Which stock lists is Marathon Nextgen Realty on? Marathon Nextgen Realty is on one of our India lists: Real estate, REIT & cement. [Real estate, REIT & cement Group on the list: Home and office developers](https://www.sectoralpha.in/sectors/real-estate-stocks-india) ## Is Marathon Nextgen Realty profitable? Marathon Nextgen Realty Ltd earned ₹45.0 Cr of net profit in the Sep 2026 quarter, −32.8% on the same quarter a year earlier. Full-year FY26 profit was ₹206 Cr. Over 10 years profit has grown 9.5% a year on average. That is 34.9% of the quarter's revenue. The same quarter a year earlier earned ₹67.0 Cr. For the full year, FY26 profit was ₹206 Cr (+7.9% on the year before). Why profit moved: revenue changed +10.3% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed −24.1% and revenue +7.2%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Marathon Nextgen Realty make, and is it growing? Marathon Nextgen Realty Ltd reported ₹129 Cr of revenue in the Sep 2026 quarter, +10.3% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 9.7% a year on average. The last full year, FY26, came in at ₹496 Cr. The last four reported quarters add to ₹566 Cr. FY26 revenue was ₹496 Cr, −14.5% on the year before. Recent pace: the last four quarters grew +7.2% on average, against 9.7% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +6.8%, against −8.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −24.1%, against −0.6% a year (rolling over). ## How much of every ₹100 of sales does Marathon Nextgen Realty keep? Marathon Nextgen Realty Ltd's operating margin was 35.0% in the Sep 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Across 11 years it has been between 24.0% and 63.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −1.0 percentage points on the year while gross margin changed −0.6 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Marathon Nextgen Realty's profit turning into cash? Over the last 3 years Marathon Nextgen Realty Ltd's operations used more cash than they brought in, so cash conversion was −10%, a gap worth watching. In FY26 its operations used ₹54.0 Cr of cash, against ₹206 Cr of profit. After −₹62.0 Cr of spending on assets, ₹8.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: it has been selling more assets than it buys. The next section shows those figures. ## Where does Marathon Nextgen Realty's cash go? Marathon Nextgen Realty Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹496 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. Over the last 3 years it sold more assets than it bought, by ₹102 Cr. Over the last 3 years, money from selling assets was ₹102 Cr more than it spent on new ones. Work still in progress is ₹0.0 Cr (FY26). In short: assets are being sold, not built, so this cash is not going into new capacity. ## What is Marathon Nextgen Realty's P/E ratio, and how does it compare with its own history? Marathon Nextgen Realty Ltd's P/E is 15.4×, in the middle of its own history: higher than 63% of past readings. Its usual P/E (the middle reading) is 13.8×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −17.4% while the price moved −34.8%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +33.9% a year; about +70.6% a year came from earnings growth and about −36.7 percentage points from the multiple (the market paying less); over 10 years the price moved +12.2% a year; about +5.8% a year came from earnings growth and about +6.4 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Marathon Nextgen Realty business getting better or worse? Marathon Nextgen Realty Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −24.1% in the latest quarter, against +37.7% at its best in 12 quarters, with ROCE falling at 9.5%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Marathon Nextgen Realty earn on its capital? Marathon Nextgen Realty Ltd earned a ROCE of 8% in FY26. That is up from a low of 6% in FY18. Its return on capital used (ROIC) is 7.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 41.5% net margin and 0.18× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 41.5% net margin × 0.18× asset turnover × 1.21× leverage (assets divided by equity) ≈ 9.0% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 4.8% − 12.0% = −7.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Marathon Nextgen Realty have too much debt? Marathon Nextgen Realty Ltd has total debt of ₹136 Cr against shareholder equity of ₹2,421 Cr as of Sep 2026, so its debt is 0.06× its equity, which is very little. Year by year, that ratio went from 1.66 in FY22 to 0.04 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Marathon Nextgen Realty shareholding pattern? Promoters cut their stake in Marathon Nextgen Realty Ltd by 17.2 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 56.4% of the company. Domestic institutions moved +12.9 points over the same period, to 14.5%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −17.2 points over 8 quarters, to 56.4%; Domestic institutions: +12.9 points over 8 quarters, to 14.5%; Foreign institutions: −0.6 points over 8 quarters, to 2.6%. Why the owners changed: promoters drove it (−17.2 points), with the other side taken by domestic institutions (+12.9 points). They reduced their stake. ## How far is Marathon Nextgen Realty from balance-sheet trouble? For Marathon Nextgen Realty Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Marathon Nextgen Realty rank in its industry? 44.7 out of 100, rank 5 of 8 in Realty - Regional, with 100% of the evidence available. Marathon Nextgen Realty Ltd scores 44.7 out of 100 against the 8 companies it is compared with in Realty - Regional, ranking 5. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 12.1 + 9.8 + 15.9 + 6.9 = 44.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Marathon Nextgen Realty compared with? Marathon Nextgen Realty ranks 5 of 8 Realty - Regional companies on the 4-Factor Sector Score, with 44.7 out of 100. 1. [Raymond Realty Ltd](https://www.sectoralpha.in/stocks/raymond-realty-ltd) RAYMONDREL · quiet · Most evidence points up · 68% evidence 68.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.3/35 · Revenue 100% · Profit 100% · Operating margin change 1 points · 100% evidence Capital efficiency 16.9/25 · ROCE 29.6% · Operating margin 14% · 100% evidence Valuation 11.5/20 · P/E 11.5× · PEG n/a · 15% evidence Relative strength 10.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.6% · 1 year -17.5% · 25% evidence · 1 of 12 weeks ahead Exact sum: 30.3 + 16.9 + 11.5 + 10.1 = 68.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [India Homes Ltd](https://www.sectoralpha.in/stocks/india-homes-ltd) ISIBARS · breaking out · Too little evidence to rank firmly · 60% evidence 65.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.3/35 · Revenue 100% · Profit 100% · Operating margin change 11094.8 points · 62% evidence Capital efficiency 12.9/25 · ROCE 17.5% · Operating margin n/a · 61% evidence Valuation 9.0/20 · P/E 61× · PEG n/a · 15% evidence Relative strength 18.7/20 · Lead over its industry 37.7% · Lead over NIFTY 500 41.6% · 1 year 105.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 25.3 + 12.9 + 9 + 18.7 = 65.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 3. [Oberoi Realty Ltd](https://www.sectoralpha.in/stocks/oberoi-realty-ltd) OBEROIRLTY · quiet · Evidence leans up · 100% evidence 57.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.1/35 · Revenue 16.6% · Profit 17.9% · Operating margin change 4 points · 100% evidence Capital efficiency 18.8/25 · ROCE 17.3% · Operating margin 61% · 100% evidence Valuation 7.9/20 · P/E 22.6× · PEG 2.58 · 100% evidence Relative strength 6.6/20 · Lead over its industry -1.7% · Lead over NIFTY 500 2.6% · 1 year -7.4% · 100% evidence · 7 of 12 weeks ahead Exact sum: 24.1 + 18.8 + 7.9 + 6.6 = 57.4 · What this means: Earnings are strong; relative strength in its sector is -1.7% and the one-year return is -7.4%. 4. [TARC Ltd](https://www.sectoralpha.in/stocks/tarc-ltd) TARC · quiet · Evidence leans up · 61% evidence 50.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.1/35 · Revenue 100% · Profit 91.8% · Operating margin change 178 points · 88% evidence Capital efficiency 6.1/25 · ROCE 5.8% · Operating margin 19% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.9% · 1 year -31.1% · 25% evidence · 5 of 12 weeks ahead Exact sum: 26.1 + 6.1 + 10 + 8 = 50.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. Marathon Nextgen Realty Ltd this page MARATHON · turning · Evidence leans down · 100% evidence 44.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.1/35 · Revenue 6.8% · Profit -24.1% · Operating margin change -1 points · 100% evidence Capital efficiency 9.8/25 · ROCE 7.6% · Operating margin 35% · 100% evidence Valuation 15.9/20 · P/E 14.6× · PEG 0.73 · 100% evidence Relative strength 6.9/20 · Lead over its industry -17.8% · Lead over NIFTY 500 -13.4% · 1 year -38.5% · 100% evidence · 4 of 12 weeks ahead Exact sum: 12.1 + 9.8 + 15.9 + 6.9 = 44.7 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 6. [Arkade Developers Ltd](https://www.sectoralpha.in/stocks/arkade-developers-ltd) ARKADE · quiet · Evidence leans down · 68% evidence 42.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 4.7/35 · Revenue -11.9% · Profit -80% · Operating margin change 0 points · 100% evidence Capital efficiency 17.8/25 · ROCE 18.9% · Operating margin 24% · 100% evidence Valuation 11.0/20 · P/E 12.7× · PEG n/a · 15% evidence Relative strength 8.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -10.3% · 1 year -38.6% · 25% evidence · 7 of 12 weeks ahead Exact sum: 4.7 + 17.8 + 11 + 8.9 = 42.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Arihant Superstructures Ltd](https://www.sectoralpha.in/stocks/arihant-superstructures-ltd) ARIHANTSUP · quiet · Evidence leans down · 63% evidence 39.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.0/35 · Revenue 4.7% · Profit -41.8% · Operating margin change -9.6 points · 83% evidence Capital efficiency 12.1/25 · ROCE 10.6% · Operating margin 20.9% · 76% evidence Valuation 8.4/20 · P/E 22.4× · PEG n/a · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -19.4% · 1 year -50.6% · 25% evidence · 0 of 12 weeks ahead Exact sum: 11 + 12.1 + 8.4 + 7.5 = 39 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Max Estates Ltd](https://www.sectoralpha.in/stocks/max-estates-ltd) MAXESTATES · breaking out · Too little evidence to rank firmly · 56% evidence 34.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.6/35 · Revenue 16.6% · Profit -70% · Operating margin change -11.4 points · 83% evidence Capital efficiency 5.2/25 · ROCE 1.4% · Operating margin 15.6% · 76% evidence Valuation 8.5/20 · P/E 1413× · PEG n/a · 15% evidence Relative strength 12.0/20 · Lead over its industry n/a · Lead over NIFTY 500 20.3% · 1 year 8.3% · 25% evidence · 12 of 12 weeks ahead Exact sum: 8.6 + 5.2 + 8.5 + 12 = 34.3 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Realty - Regional](https://www.sectoralpha.in/sectors/realty-regional), all 8 compared on one page. ## Which companies are close to Marathon Nextgen Realty in size? Marathon Nextgen Realty is the 5th largest of 8 Realty - Regional companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Max Estates, Raymond Realty and TARC. Just below it: Arkade Developers, India Homes and Arihant Superstructures. ### Realty - Regional companies close in size 1. [Max Estates Ltd](https://www.sectoralpha.in/stocks/max-estates-ltd) ₹8,297 crore 2. [Raymond Realty Ltd](https://www.sectoralpha.in/stocks/raymond-realty-ltd) ₹3,394 crore 3. [TARC Ltd](https://www.sectoralpha.in/stocks/tarc-ltd) ₹3,238 crore 4. Marathon Nextgen Realty Ltd ₹2,517 crore 5. [Arkade Developers Ltd](https://www.sectoralpha.in/stocks/arkade-developers-ltd) ₹1,988 crore 6. [India Homes Ltd](https://www.sectoralpha.in/stocks/india-homes-ltd) ₹1,032 crore 7. [Arihant Superstructures Ltd](https://www.sectoralpha.in/stocks/arihant-superstructures-ltd) ₹893 crore [All 8 Realty - Regional companies, largest first](https://www.sectoralpha.in/sectors/realty-regional#all-companies) ### Companies close in size in other industries 1. [Bhagiradha Chemicals & Industries Ltd](https://www.sectoralpha.in/stocks/bhagiradha-chemicals-industries-ltd) ₹2,533 crore · Pesticides/Agrochemicals 2. [Colab Platforms Ltd](https://www.sectoralpha.in/stocks/colab-platforms-ltd) ₹2,521 crore · IT Enabled Services/Business Process Outsourcing 3. Marathon Nextgen Realty Ltd ₹2,517 crore 4. [Prataap Snacks Ltd](https://www.sectoralpha.in/stocks/prataap-snacks-ltd) ₹2,511 crore · FMCG - Snacks 5. [DDev Plastiks Industries Ltd](https://www.sectoralpha.in/stocks/ddev-plastiks-industries-ltd) ₹2,507 crore · Plastics - Plastic & Plastic Products ## What else do people ask about Marathon Nextgen Realty? ### What is Marathon Nextgen Realty's share price today? Marathon Nextgen Realty Ltd's share price is ₹392.60, −34.8% over the past year. The whole company is worth ₹2,649 Cr on the market. In the last 52 weeks it traded between ₹352 to ₹591; today it is 17% of the way up from the low, 9.5% below its 200-day average (as of 3 November 2026). ### What were Marathon Nextgen Realty's latest quarterly results? Marathon Nextgen Realty Ltd reported revenue of ₹129 Cr and net profit of ₹45.0 Cr for the Sep 2026 quarter. Revenue rose 10.3% and profit fell 32.8% compared with a year earlier. Earnings per share were ₹6.51. The operating margin was 35.0%, 1.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Marathon Nextgen Realty's market cap? Marathon Nextgen Realty Ltd's market capitalisation is ₹2,649 Cr at a share price of ₹392.60. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Marathon Nextgen Realty performing? Marathon Nextgen Realty Ltd's share price has been falling for 48 weeks. In its latest quarter, revenue rose 10.3% and profit fell 32.8% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 4 weeks running (as of 3 November 2026). ### Will Marathon Nextgen Realty's share price go up? This page does not forecast Marathon Nextgen Realty Ltd's share price. What it shows instead: the share price is ₹392.60, and it has been falling for 48 weeks. Its P/E of 15.4× is higher than 63% of its own last 10 years (as of 3 November 2026). ### Who owns Marathon Nextgen Realty? Promoters own 56.4% of Marathon Nextgen Realty Ltd, foreign institutions 2.6%, domestic institutions 14.5% and the public 26.5% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 17.2 percentage points over 8 quarters (as of 3 November 2026). ### Does Marathon Nextgen Realty have too much debt? No, Marathon Nextgen Realty Ltd has little debt: its debt is 0.04× its equity, and its operating profit is 9 times its interest bill. FY26 borrowings were ₹99.0 Cr against equity of ₹2,275 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Marathon Nextgen Realty in its business cycle? Marathon Nextgen Realty Ltd's FY26 operating margin was 24.0%, against a 11-year range of 24.0% to 63.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 35.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Marathon Nextgen Realty story? The main question: domestic institutions moved +12.9 percentage points over 8 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Marathon Nextgen Realty a stock worth studying right now? What the numbers show: Marathon Nextgen Realty Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the owners’ moves turn back in line with the business. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Marathon Nextgen Realty share price forecast for 2026? What management itself guided: This year's pre-sales expected above ₹1,000 crore. ## Lists - Real estate, REIT & cement: https://www.sectoralpha.in/sectors/real-estate-stocks-india This is research, not advice. We’re not SEBI-registered.