Marathon Nextgen Realty Q3 FY26 PAT at ₹33 Crore, 9M PAT Highest Ever at ₹161 Crore
Marathon Nextgen Realty reported its highest-ever nine-month PAT of ₹161 crore for FY26, up 18% YoY. Q3 FY26 PAT stood at ₹33 crore. The company sold 2,93,970 sq. ft. with bookings of ₹796 crore and collections of ₹1,071 crore in 9M FY26. They remain net debt-free.
The results show strong financial performance and growth, which is material for investors. However, the announcement does not include any new major strategic shifts or exceptionally large deals that would warrant a 'HIGH' impact.
The company reported its highest-ever nine-month PAT, strong year-on-year growth, and a robust PAT margin, indicating positive financial performance. Management commentary is optimistic about future prospects.
Marathon Nextgen Realty Limited announced its financial results for the third quarter (Q3 FY26) and the nine months ended December 31, 2025. The company reported its highest-ever nine-month Profit After Tax (PAT) of ₹161 crore, demonstrating an 18% year-on-year growth and a robust 33% PAT margin.
Commenting on the performance, Mr. Chetan Shah, Chairman & Managing Director, highlighted the strong contributions from the commercial portfolio, particularly Marathon Futurex in Lower Parel and Marathon Millennium in Mulund. Residential projects also showed steady performance. At Monte South, Tower A has secured its Occupancy Certificate (OC), with progress on other towers. In Bhandup, Neovalley has received environmental clearance for an additional part, and Neopark is in advanced finishing stages with OC applications underway. Nexzone Phase 1 in Panvel is complete with full OC, and Phase 2 is nearing completion.
Operationally, for Q3 FY26, the company sold 61,754 sq. ft. with a booking value of ₹169 crore and collections of ₹308 crore (Post-Merger Portfolio). For the nine months of FY26, area sold was 2,93,970 sq. ft., booking value stood at ₹796 crore, and collections reached ₹1,071 crore.
Consolidated financial performance for Q3 FY26 showed total revenues of ₹141 crore, EBITDA of ₹39 crore, and PAT of ₹33 crore. For the nine months of FY26, total revenues were ₹487 crore, EBITDA ₹200 crore, and PAT ₹161 crore. The company maintained a net debt-free position with positive net cash.
Mr. Shah expressed optimism about the commercial sector and Mumbai's real estate market, emphasizing the company's focus on completing existing projects on schedule, maintaining financial discipline, and creating long-term stakeholder value.
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Marathon Nextgen Realty Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Marathon Nextgen Realty Limited. Read the original for the full detail.