MARATHON NEXTGEN REALTY LTD.

Marathon Nextgen Realty Ltd announced the acquisition of an additional 60% stake in its joint venture, Swayam Realtors and Traders LLP (SRTL), for full economic interest in the Monte South Project, Byculla. The total consideration for the acquisition is up to ₹335 crores, comprising ₹135 crores in cash and a ₹200 crores bank guarantee. This move is intended to enhance MNRL's economic interest and participation in the LLP's future business activities and returns. The transaction is expected to be completed within two months from the time of requisite approvals. The Board also approved material related party transactions for investment in, or loans/guarantees to, SRTL, subject to shareholder approval.

Marathon Nextgen Realty Ltd has informed BSE that its board meeting, originally scheduled for October 27, 2026, has been postponed. The postponement is due to unavoidable circumstances. The company had previously intimated about this meeting on October 22, 2026, where it intended to consider and approve various matters. Further details regarding the rescheduled date are awaited.

Marathon Nextgen Realty Ltd has announced that its Board of Directors will convene on October 27, 2026. The primary agenda item is to consider and approve new or additional investments in projects and Special Purpose Vehicles (SPVs). The meeting will also address any other matters deemed fit by the Board. This announcement follows a previous communication on October 21, 2026.

Marathon Nextgen Realty Ltd. announced its financial results for the second quarter and half year ended September 30, 2026. The company reported total income of ₹145 crore, EBITDA of ₹61 crore, and profit after tax (PAT) of ₹45 crore for Q2 FY27. Pre-sales reached ₹154 crore, a significant 79% increase quarter-on-quarter, driven by the residential business (affordable and mid-income up 155%, premium Monte South up 16%) and supported by commercial projects like Marathon Futurex. Collections stood at ₹127 crore. The company added two redevelopment projects in Versova and Sewri with an estimated GDV of ₹900 crore. Marathon Nextgen Realty maintains a net debt-free balance sheet and is progressing construction across its key projects.

Marathon Nextgen Realty's consolidated Q2 FY27 (quarter ended September 30, 2026) net profit fell 32.1% year-on-year to ₹45.19 Cr from ₹66.54 Cr, even as consolidated revenue from operations grew 10.4% YoY to ₹128.95 Cr from ₹116.85 Cr — a profit decline despite topline growth is the primary signal this quarter. Sequentially both lines were down from Q1 FY27 (revenue -34.7%, PAT -13.8%), but that comparison is a base-effect artifact: Q1's ₹197.50 Cr revenue was itself a multi-quarter high, not a run-rate. No external sell-side consensus exists for this stock (web search found price-target commentary but no Q2 estimate); against our own pre-result preview range (revenue ₹180-220 Cr, PAT ₹40-55 Cr, EBITDA margin 28-32%), the quarter missed on revenue, landed within range on PAT, and beat on margin — netting out to a miss given revenue is the larger shortfall. The YoY squeeze sits mainly on net margin: NPM compressed to 31.2% of total income from 42.9% a year ago (-11.7pp), while operating margin held comparatively steady at 34.97% versus 35.96% YoY. That gap implies the erosion is less about the core property-development cost mix and more about items below operating profit and a tough prior-year comparison base (Q2 FY26's 42.9% NPM was unusually high). Standalone entity profitability (₹47.79 Cr PAT, EPS ₹7.09) was actually higher than the consolidated figure and nearly flat YoY (-1.1% revenue), underscoring that consolidated YoY growth comes from subsidiaries and the joint-venture share (₹3.53 Cr), not the parent — an 11-point-plus divergence between standalone and consolidated revenue growth worth flagging since readers will see both numbers. Management gave no explicit FY27 revenue or PAT target on the last call, so there is no formal topline/bottom-line guidance to grade; the firmer commitment was to deploy ₹200 Cr of capital at a 30-35% EBITDA hurdle and launch new redevelopment projects (Versova/Sewri, ~₹900 Cr GDV) selectively. This quarter's ~35% OPM clears that margin hurdle, but the Board's own outcome letter states the agenda item for new investments in Projects/SPVs 'was deferred' — the capital-deployment decision flagged for this quarter did not happen, a miss on that specific timeline. Separately, merger integration advanced: the Company Scheme Petition (second motion) was filed with the NCLT on September 24, 2026, following the September 8 shareholder approval of the five-entity amalgamation. QIP proceeds of ₹899.99 Cr are now ~77% utilized (₹695.40 Cr), with the ₹203.79 Cr balance parked in mutual funds, debentures and bonds. No separate management press release was available in the record to check messaging against the numbers. Going into Q3, the deferred investment decision and the pending NCLT scheme hearing are the concrete items to track, alongside whether NPM recovers toward its historical 40%+ band or settles near this quarter's low-30s level.

Marathon Nextgen Realty Ltd has announced a Board of Directors meeting scheduled for October 21, 2026. The primary agenda items include considering and approving new/additional investments in projects and Special Purpose Vehicles (SPVs). Additionally, the board will review and approve the unaudited financial results (standalone and consolidated) for the quarter and half-year ended September 30, 2026. The trading window for company securities will remain closed for designated persons until 48 hours after the financial results are declared.

Marathon Nextgen Realty Ltd has announced the name change of its wholly-owned subsidiary, Kanchi Rehab Private Limited, to Marathon Habitat Private Limited. The Registrar of Companies, Ministry of Corporate Affairs, approved this change, which is effective from September 30, 2026. This rebranding initiative by Marathon Nextgen Realty Ltd signifies a potential strategic shift or focus for the subsidiary under its new identity.

Marathon Nextgen Realty Ltd has announced the closure of its trading window for designated persons, insiders, and their immediate relatives. This closure will be effective from October 1, 2026, until 48 hours after the declaration of the company's unaudited financial results for the quarter ended September 30, 2026. The specific date for the Board Meeting to approve these results will be communicated later. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's internal code of conduct.

Marathon Nextgen Realty Ltd announced that its equity shareholders and unsecured creditors have approved a Composite Scheme of Amalgamation and Arrangement. The resolution, passed with the requisite majority, involves multiple transferor and transferee companies, including Matrix Water Management Private Limited, Sanvo Resorts Private Limited, Marathon Realty Private Limited, and others. The voting results, confirmed by a consolidated scrutinizer's report, showed overwhelming support for the scheme. The details of the voting results and the scrutinizer's report are available on the company's website and its registrar's website.

Marathon Nextgen Realty Ltd has filed its Annual Report for the financial year ended March 31, 2026, along with the Notice of its 49th Annual General Meeting (AGM). The AGM is scheduled for September 28, 2026, to be held via Video Conferencing. The report includes disclosures as per SEBI Listing Regulations. Key dates for the AGM include a cut-off date of September 22, 2026, for voting, a record date of September 18, 2026, for dividend payment, and e-voting from September 25 to September 27, 2026. The company's market capitalization as of March 31, 2026, was ₹2,568 crores, with a declared dividend of ₹1.00 per equity share.