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Last Updated on: 04 March, 2024|Author: Getaka | Social: X Twitter Profile

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 & ContractingMarathon 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

Marathon Nextgen Realty Ltd. Share Price Update

Share PriceValue
Today₹365.90
Previous Day₹365.95

Basic Stock Data of Marathon Nextgen Realty Ltd

Market Cap 2,669 Cr.
Current Price 522
High / Low530/256
Stock P/E18.7
Book Value 169
Dividend Yield0.19 %
ROCE16.8 %
ROE17.7 %
Face Value 5.00

Data Source: screener.in

Competitors of Marathon Nextgen Realty Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Puravankara Ltd 5,861 Cr. 247269/58.277.7 82.62.55 %7.30 %2.92 % 5.00
A B Infrabuild Ltd 265 Cr. 60.063.4/16.644.2 17.50.00 %20.2 %19.0 % 10.0
RPP Infra Projects Ltd 435 Cr. 115161/38.27.29 1090.00 %12.8 %7.63 % 10.0
Adhbhut Infrastructure Ltd 34.4 Cr. 31.3364/0.0028.7 5.660.00 %99.2 %% 10.0
NBCC (India) Ltd 24,192 Cr. 134177/31.059.6 10.90.40 %26.4 %19.0 % 1.00
Industry Average6,157.48 Cr117.4643.5045.130.59%33.18%9.71%7.20

Marathon Nextgen Realty Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales24536935376816598170278170210129
Expenses1042522530561216213415212914981
Operating Profit14121711812443636126416148
OPM %57%22%24%30%20%18%27%37%21%45%24%29%37%
Other Income29399101010121291010
Interest11111116151826303134272523
Depreciation1311111111111
Profit before tax577313271516103224535
Tax %24%30%57%38%99%40%28%29%28%27%30%25%22%
Net Profit47-844823121680164334
EPS in Rs0.941.57-1.680.950.781.585.072.463.1717.003.509.117.29

Marathon Nextgen Realty Ltd Quarterly Chart

Marathon Nextgen Realty Ltd Profit & Loss

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:60%
3 Years:44%
TTM:1%
Compounded Profit Growth
10 Years:%
5 Years:26%
3 Years:73%
TTM:12%
Stock Price CAGR
10 Years:29%
5 Years:35%
3 Years:80%
1 Year:80%
Return on Equity
10 Years:%
5 Years:8%
3 Years:9%
Last Year:18%

Marathon Nextgen Realty Ltd Balance Sheet

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 2023
Cash from Operating Activity -52-5616910118-10976386
Cash from Investing Activity 6445-198-312-71-3-375-46
Cash from Financing Activity -1484020360144274-326
Net Cash Flow-2-311-8732-2614

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 23Mar 22Mar 21Mar 20Mar 19
FaceValue5.005.005.005.005.00
Basic EPS (Rs.)26.128.373.305.236.84
Diluted EPS (Rs.)26.128.363.305.236.84
Cash EPS (Rs.)25.035.776.225.715.59
Book Value[Excl.RevalReserv]/Share (Rs.)171.25142.35133.51129.90135.07
Book Value[Incl.RevalReserv]/Share (Rs.)171.25142.35133.51129.90135.07
Revenue From Operations / Share (Rs.)154.6866.5444.6852.4217.88
PBDIT / Share (Rs.)60.8224.4617.6815.7911.47
PBIT / Share (Rs.)60.1523.8216.5014.5611.07
PBT / Share (Rs.)33.707.616.985.646.47
Net Profit / Share (Rs.)24.355.135.044.475.20
NP After MI And SOA / Share (Rs.)26.128.373.305.236.84
PBDIT Margin (%)39.3236.7639.5630.1264.13
PBIT Margin (%)38.8835.7936.9227.7661.93
PBT Margin (%)21.7811.4315.6110.7536.21
Net Profit Margin (%)15.747.7011.278.5329.07
NP After MI And SOA Margin (%)16.8812.587.399.9838.27
Return on Networth / Equity (%)15.405.932.494.055.18
Return on Capital Employeed (%)16.876.935.766.285.19
Return On Assets (%)5.611.800.891.482.10
Long Term Debt / Equity (X)0.991.371.100.730.58
Total Debt / Equity (X)1.111.671.180.870.67
Asset Turnover Ratio (%)0.240.090.030.060.08
Current Ratio (X)2.051.772.481.301.56
Quick Ratio (X)1.020.791.170.360.57
Dividend Payout Ratio (NP) (%)1.900.000.0011.5129.22
Dividend Payout Ratio (CP) (%)1.860.000.009.3127.64
Earning Retention Ratio (%)98.100.000.0088.4970.78
Cash Earning Retention Ratio (%)98.140.000.0090.6972.36
Interest Coverage Ratio (X)2.301.511.861.772.49
Interest Coverage Ratio (Post Tax) (X)1.921.321.531.502.13
Enterprise Value (Cr.)2081.341566.87925.96660.62946.14
EV / Net Operating Revenue (X)2.905.124.502.7411.50
EV / EBITDA (X)7.3913.9211.399.1017.94
MarketCap / Net Operating Revenue (X)1.791.751.380.786.88
Retention Ratios (%)98.090.000.0088.4870.77
Price / BV (X)1.630.820.460.310.93
Price / Net Operating Revenue (X)1.791.751.380.786.88
EarningsYield0.090.070.050.120.05

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 of Marathon Nextgen Realty Ltd Stock

Fair Value: ₹560.44

The stock is undervalued by 7.36% compared to the current price ₹522

*Investments are subject to market risks

Strength and Weakness of Marathon Nextgen Realty Ltd Stock

StrengthWeakness
  1. The company has higher reserves (632.67 cr) compared to borrowings (529.78 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 is trading at a high valuation with an average P/B ratio of 25.22 and average Dividend Yield of 40.26%.
  2. The stock has a low average ROCE of 8.13%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 467.38, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 146.88, which may not be favorable.

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