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Last Updated on: 25 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Marathon Nextgen Realty Ltd

About the Company - Marathon Nextgen Realty Ltd

Marathon Nextgen Realty Ltd. is a Public Limited Listed company incorporated on 13/01/1978 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65990MH1978PLC020080 and registration number is 020080. Currently Company is involved in the business activities of Activities of head offices; management consultancya ctivities. Company’s Total Operating Revenue is Rs. 158.22 Cr. and Equity Capital is Rs. 23.00 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Construction, Contracting & EngineeringMarathon Futurex, Mafatlal Mills Compound, Mumbai Maharashtra 400013shares@marathonnextgen.com
http://www.marathonnextgen.com
Management
NamePosition Held
Mr. Chetan R ShahChairman & Managing Director
Mr. Mayur R ShahVice Chairman
Mr. S RamamurthiWholeTime Director & CFO
Mrs. Shailaja C ShahDirector
Mrs. Parul ShahIndependent Director
Mr. Atul MehtaIndependent Director
Mr. Ashwin M ThakkerIndependent Director
Mr. Deepak R ShahIndependent Director

Basic Stock Data of Marathon Nextgen Realty Ltd

Last Updated: July 24, 2024, 10:59 pm

Market Cap 3,125 Cr.
Current Price 610
High / Low648/323
Stock P/E18.8
Book Value 195
Dividend Yield0.16 %
ROCE15.9 %
ROE18.9 %
Face Value 5.00
PEG Ratio0.45

Data Source: screener.in

Competitors of Marathon Nextgen Realty Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
East Buildtech Ltd 5.91 Cr. 31.531.5/23.0 34.20.00 %0.99 %0.00 % 10.0
Dugar Housing Developments Ltd 0.37 Cr. 12.312.3/6.30 30.00.00 %%% 10.0
Diamant Infrastructure Ltd 4.47 Cr. 1.271.28/0.58 3.100.00 %0.27 %1.19 % 2.00
Darjeeling Ropeway Company Ltd 2.35 Cr. 7.708.10/3.10 16.50.00 %0.56 %0.81 % 10.0
Croissance Ltd 27.4 Cr. 3.997.45/3.28391 0.110.00 %1.11 %0.90 % 1.00
Industry Average26,867.65 Cr289.1141.76153.550.14%16.18%17.68%30.88

Marathon Nextgen Realty Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales536935376816598170278170210129210
Expenses42522530561216213415212914981134
Operating Profit12171181244363612641614876
OPM %22%24%30%20%18%27%37%21%45%24%29%37%36%
Other Income939910101012129101010
Interest11111615182630313427252329
Depreciation3111111111111
Profit before tax7731327151610322453557
Tax %30%57%38%99%40%28%29%28%27%30%25%22%27%
Net Profit7-84482312168016433451
EPS in Rs1.57-1.680.950.781.585.072.463.1717.003.509.117.299.80

Last Updated: July 12, 2024, 11:31 am

Marathon Nextgen Realty Ltd Quarterly Chart

Marathon Nextgen Realty Ltd Profit & Loss

Last Updated: July 10, 2024, 2:29 pm

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1971936982241206306717720
Expenses1371362630177142232471493
Operating Profit60574352646474246227
OPM %31%29%62%63%27%31%24%34%32%
Other Income455011818383639
Interest00521414475123105
Depreciation001265333
Profit before tax1051063930263235156159
Tax %21%21%27%20%21%28%33%28%
Net Profit83843932251639124145
EPS in Rs14.6514.798.426.845.233.308.3726.1229.70
Dividend Payout %3%3%12%7%0%0%6%2%

Marathon Nextgen Realty Ltd Profit & Loss Yearly Chart

Marathon Nextgen Realty Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:54%
3 Years:51%
TTM:-2%
Compounded Profit Growth
10 Years:%
5 Years:40%
3 Years:122%
TTM:33%
Stock Price CAGR
10 Years:29%
5 Years:52%
3 Years:99%
1 Year:85%
Return on Equity
10 Years:%
5 Years:11%
3 Years:15%
Last Year:19%

Last Updated: July 25, 2024, 5:42 am

Marathon Nextgen Realty Ltd Balance Sheet

Last Updated: July 10, 2024, 2:29 pm

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital282823232323232323
Reserves567648527584570586626746840
Borrowings0112084295677391,087869858
Other Liabilities88128461456351402515462
Total Liabilities6046968851,4971,6171,6992,1392,1532,183
Fixed Assets00105221294287286283282
CWIP000000000
Investments00142226132714962
Other Assets6036957671,2551,2971,3991,5821,8211,839
Total Assets6046968851,4971,6171,6992,1392,1532,183

Marathon Nextgen Realty Ltd Reserves and Borrowings Chart

Marathon Nextgen Realty Ltd Cash Flow

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity -52-5616910118-1097638622
Cash from Investing Activity 6445-198-312-71-3-375-46112
Cash from Financing Activity -1484020360144274-326-155
Net Cash Flow-2-311-8732-2614-21

Marathon Nextgen Realty Ltd Financial Efficiency Indicators

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days12849702433894522
Inventory Days3836512,21514,683
Days Payable453,4921,510
Cash Conversion Cycle5075560248,75613,2624522
Working Capital Days3855585571,347304987675272
ROCE %17%6%6%6%6%7%17%

Marathon Nextgen Realty Ltd Financial Efficiency Indicators Chart

Marathon Nextgen Realty Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters74.97%74.97%74.97%74.97%74.97%74.65%74.65%74.44%74.44%74.40%73.45%73.68%
FIIs0.00%0.00%0.00%0.01%0.03%0.03%0.07%0.01%0.15%0.24%2.34%1.56%
DIIs0.01%0.01%0.01%0.01%0.01%0.12%0.08%0.01%0.03%0.01%0.01%0.07%
Government0.00%0.00%0.00%0.00%0.00%0.00%2.14%0.00%0.00%0.00%0.00%0.00%
Public25.02%25.02%25.02%25.01%24.99%25.20%23.06%25.53%25.38%25.35%24.20%24.68%
No. of Shareholders7,3048,4799,7278,3397,9719,1518,7707,9237,5827,38210,20110,330

Marathon Nextgen Realty Ltd Shareholding Pattern Chart

No. of Marathon Nextgen Realty Ltd Shareholders

This stock is not held by any mutual fund

Marathon Nextgen Realty Ltd ROCE Trend

Marathon Nextgen Realty Ltd EPS Trend

Marathon Nextgen Realty Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue5.005.005.005.005.00
Basic EPS (Rs.)34.4326.128.373.305.23
Diluted EPS (Rs.)32.5026.128.363.305.23
Cash EPS (Rs.)26.7125.035.776.225.71
Book Value[Excl.RevalReserv]/Share (Rs.)196.85171.25142.35133.51129.90
Book Value[Incl.RevalReserv]/Share (Rs.)196.85171.25142.35133.51129.90
Revenue From Operations / Share (Rs.)137.70154.6866.5444.6852.42
PBDIT / Share (Rs.)53.5660.8224.4617.6815.79
PBIT / Share (Rs.)52.9860.1523.8216.5014.56
PBT / Share (Rs.)35.2133.707.616.985.64
Net Profit / Share (Rs.)26.1324.355.135.044.47
NP After MI And SOA / Share (Rs.)32.5326.128.373.305.23
PBDIT Margin (%)38.8939.3236.7639.5630.12
PBIT Margin (%)38.4738.8835.7936.9227.76
PBT Margin (%)25.5621.7811.4315.6110.75
Net Profit Margin (%)18.9715.747.7011.278.53
NP After MI And SOA Margin (%)23.6216.8812.587.399.98
Return on Networth / Equity (%)16.7115.405.932.494.05
Return on Capital Employeed (%)16.1116.876.935.766.28
Return On Assets (%)7.435.611.800.891.48
Long Term Debt / Equity (X)0.580.991.371.100.73
Total Debt / Equity (X)0.761.111.671.180.87
Asset Turnover Ratio (%)0.320.240.090.030.06
Current Ratio (X)2.022.051.772.481.30
Quick Ratio (X)0.901.020.791.170.36
Dividend Payout Ratio (NP) (%)0.001.900.000.0011.51
Dividend Payout Ratio (CP) (%)0.001.860.000.009.31
Earning Retention Ratio (%)0.0098.100.000.0088.49
Cash Earning Retention Ratio (%)0.0098.140.000.0090.69
Interest Coverage Ratio (X)3.012.301.511.861.77
Interest Coverage Ratio (Post Tax) (X)2.471.921.321.531.50
Enterprise Value (Cr.)3295.872081.341566.87925.96660.62
EV / Net Operating Revenue (X)4.682.905.124.502.74
EV / EBITDA (X)12.037.3913.9211.399.10
MarketCap / Net Operating Revenue (X)3.711.791.751.380.78
Retention Ratios (%)0.0098.090.000.0088.48
Price / BV (X)2.631.630.820.460.31
Price / Net Operating Revenue (X)3.711.791.751.380.78
EarningsYield0.060.090.070.050.12

Marathon Nextgen Realty Ltd Profitability Ratios (%)

Marathon Nextgen Realty Ltd Liquidity Ratios

Marathon Nextgen Realty Ltd Liquidity Ratios (%)

Marathon Nextgen Realty Ltd Interest Coverage Ratios (%)

Marathon Nextgen Realty Ltd Valuation Ratios

Fair Value

Fair Value: 693.98

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 13.77% compared to the current price 610

Intrinsic Value: 982.20

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 61.02% compared to the current price 610

Last 5 Year EPS CAGR: 41.53%

*Investments are subject to market risks

Strength and Weakness of Marathon Nextgen Realty Ltd Stock

StrengthWeakness
  1. The company has higher reserves (647.11 cr) compared to borrowings (519.00 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (303.44 cr) and profit (76.44 cr) over the years.
  1. The stock has a low average ROCE of 8.13%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 467.38, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 146.88, which may not be favorable.

FAQ

What is the latest fair value of Marathon Nextgen Realty Ltd?

The latest fair value of Marathon Nextgen Realty Ltd is ₹693.98.

What is the Market Cap of Marathon Nextgen Realty Ltd?

The Market Cap of Marathon Nextgen Realty Ltd is 3,125 Cr..

What is the current Stock Price of Marathon Nextgen Realty Ltd as on 25 July 2024?

The current stock price of Marathon Nextgen Realty Ltd as on 25 July 2024 is 610.

What is the High / Low of Marathon Nextgen Realty Ltd stocks in FY 2024?

In FY 2024, the High / Low of Marathon Nextgen Realty Ltd stocks is 648/323.

What is the Stock P/E of Marathon Nextgen Realty Ltd?

The Stock P/E of Marathon Nextgen Realty Ltd is 18.8.

What is the Book Value of Marathon Nextgen Realty Ltd?

The Book Value of Marathon Nextgen Realty Ltd is 195.

What is the Dividend Yield of Marathon Nextgen Realty Ltd?

The Dividend Yield of Marathon Nextgen Realty Ltd is 0.16 %.

What is the ROCE of Marathon Nextgen Realty Ltd?

The ROCE of Marathon Nextgen Realty Ltd is 15.9 %.

What is the ROE of Marathon Nextgen Realty Ltd?

The ROE of Marathon Nextgen Realty Ltd is 18.9 %.

What is the Face Value of Marathon Nextgen Realty Ltd?

The Face Value of Marathon Nextgen Realty Ltd is 5.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Marathon Nextgen Realty Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE