Marathon Nextgen Realty Limited

Real estate company with projects such as NextGen Era, Innova, Emperor, and Embrace (SRA).

1978 | Mumbai, Maharashtra (India) | Active
Last Updated: January 09, 2025

Marathon Nextgen Realty Profile

Key Indicators

  • Authorised Capital ₹ 51.60 Cr
  • Paid Up Capital ₹ 25.60 Cr
  • Company Age 47 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,104.77 Cr
  • Satisfied Charges ₹ 3,226.11 Cr
  • Revenue Growth 128.71%
  • Profit Growth -23.83%
  • Ebitda 39.89%
  • Net Worth 3.56%
  • Total Assets 31.77%

About Marathon Nextgen Realty

Marathon Nextgen Realty Limited (MNRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 January 1978 and has a history of 47 years and one month. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 503101 and on the National Stock Exchange(NSE) under MARATHON.

The Corporate was formerly known as Marathon Nextgen Realty & Textiles Limited. The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 51.60 Cr and a paid-up capital of Rs 25.60 Cr.

The company currently has active open charges totaling ₹2,104.77 Cr. The company has closed loans amounting to ₹3,226.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Marathon Nextgen Realty Limited India are Yogesh Patole as COMPANY SECRETARY and Suyash Bhise as Cfo. Chetan Shah, Mayur Shah, Shailaja Shah, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    marathonnextgen.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65990MH1978PLC020080

  • Company No.

    020080

  • Stock Symbol

    BSE : 503101 NSE : MARATHON

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Jan 1978

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Marathon Nextgen Realty?

Executive Team (3)

NameDesignationAppointment DateStatus
Chetan Shah Country flag representing In Managing Director01-Jul-2010Current
Yogesh Patole Company Secretary02-Jul-2024Current
Suyash Bhise CFO02-Aug-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Kaivalya Shah Country flag representing In Whole-Time Director 28-May-2024Current
Mayur Shah Country flag representing In Director 31-Mar-2003Current
Shailaja Shah Country flag representing In Director 25-Mar-2015Current
Devendra Shrimanker Country flag representing In Director 28-May-2024Current
Ashwin Thakker Country flag representing In Director 13-Nov-2020Current
Parul Shah Country flag representing In Director 13-Feb-2020Current

Financial Performance of Marathon Nextgen Realty.

Marathon Nextgen Realty Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 128.71% increase. The company also saw a substantial fall in profitability, with a 23.83% decrease in profit. The company's net worth moved up by a moderate rise of 3.56%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
128.71%
Revenue from Operations
190.89%
Total Assets
31.77%
Profit or Loss
-23.83%
Net Worth
3.56%
EBITDA
39.89%

What is the Ownership and Shareholding Structure of Marathon Nextgen Realty?

In 2021, Marathon Nextgen Realty had a promoter holding of 74.96% and a public holding of 25.04%. The company had 3 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,104.77 Cr

Satisfied Charges

₹3,226.11 Cr

Charges Breakdown by Lending Institutions

  • Others : 2102.68 Cr
  • Industrial Development Bank Of India : 2.00 Cr
  • The South Indian Bank Limited : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
27 Nov 2024Others₹112.00 CrOpen
05 Sep 2024Others₹15.00 CrOpen
02 Jul 2024Others₹70.00 CrOpen
17 May 2024Others₹194.25 CrOpen
05 Jan 2024Others₹50.00 CrOpen

How Many Employees Work at Marathon Nextgen Realty?

Marathon Nextgen Realty has a workforce of 58 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Marathon Nextgen Realty, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Marathon Nextgen Realty's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Marathon Nextgen Realty

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 112.00 Cr with Charge ID 101006893 was registered on 27 Nov 2024.

    27 Nov 2024

  • Charges

    A charge with Others of Rs. 55.20 Cr registered on 29 Nov 2023 with Charge ID 100833971 was modified on 21 Nov 2024.

    21 Nov 2024

  • Charges

    A charge registered on 31 May 2023 via Charge ID 100734372 with Others was fully satisfied on 14 Nov 2024.

    14 Nov 2024

  • Charges

    A charge registered on 30 Dec 2019 via Charge ID 100325436 with Others was fully satisfied on 14 Nov 2024.

    14 Nov 2024

  • Charges

    A charge with Others of Rs. 70.00 Cr registered on 02 Jul 2024 with Charge ID 100953451 was modified on 01 Nov 2024.

    01 Nov 2024

  • Charges

    A charge with Others of Rs. 205.00 Cr registered on 21 Dec 2023 with Charge ID 100863605 was modified on 01 Nov 2024.

    01 Nov 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Marathon Nextgen Realty Limited was incorporated on 13 Jan 1978.

  • The authorized share capital of Marathon Nextgen Realty Limited is ₹ 51.60 Cr and paid-up capital is ₹ 25.60 Cr.

  • Currently 12 directors are associated with Marathon Nextgen Realty Limited.

    • Chetan Ramniklal Shah
    • Mayur Ramniklal Shah
    • Shailaja Chetan Shah
    • Devendra Jashwantrai Shrimanker
    • Ashwin Mohanlal Thakker
    • Parul Abhoy Shah
    • Kaivalya Chetan Shah
    • Samyag Mayur Shah
    • Deepak Rameshchandra Shah
    • Atul Jayantilal Mehta
    • Yogesh Ashok Patole
    • Suyash Neelkanth Bhise
  • As per Ministry of Corporate Affairs (Mca), the registered address of Marathon Nextgen Realty Limited is Marathon Futurex N. M. Joshi Marg, Lower Parel India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Marathon Nextgen Realty Limited is L65990MH1978PLC020080 and the company number is 020080 as per Ministry of Corporate Affairs (MCA).

  • Yes, Marathon Nextgen Realty Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MARATHON.

  • The Official website of Marathon Nextgen Realty Limited is https://www.marathonnextgen.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Marathon Nextgen Realty Limited has risen by 128.71%.

  • As Per 2022 financial reports, 58 employees are currently employed by Marathon Nextgen Realty Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Marathon Nextgen Realty Limited has experienced an upsurge of 3.56%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Marathon Nextgen Realty Limited amount to ₹ 2,104.77 Cr.

  • The most recent Balance Sheet for Marathon Nextgen Realty Limited was filed with the ROC on 31 Mar 2024.

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