Marathon Nextgen Realty Reports Strong Q2 FY26 PAT Growth, Raises ₹900 Cr via QIP
Marathon Nextgen Realty reported strong Q2 FY26 PAT growth of 35% to ₹67 crore. The company raised ₹900 crore via QIP, achieving a net cash position, and announced significant project progress and future launches.
The ₹900 crore QIP and subsequent debt reduction significantly strengthen the company's balance sheet. The strategic amalgamation and new project launches are expected to drive future growth and enhance long-term value.
The company reported robust 35% PAT growth and 29% EBITDA growth in Q2 FY26. The successful ₹900 crore QIP led to a net cash position and significant debt reduction, indicating strong financial health and investor confidence.
Marathon Nextgen Realty Limited announced its investor presentation for the second quarter and half year ended September 30, 2025, highlighting significant financial and operational achievements. * Capital Raise: The company successfully raised ₹900 crore through a Qualified Institutional Placement (QIP) in June 2025, with ₹340 crore allocated for debt reduction, resulting in a net cash position. * Strategic Initiatives: A board-approved amalgamation and arrangement is underway to streamline the corporate structure, consolidating 418 acres of land with a developable area potential of 4.2 crore sq.ft. * Project Progress: Key projects achieved significant milestones, including full Occupation Certificate (OC) for Nexzone Antilia, OC up to the 30th floor for Nexzone Triton & Atria, OC for NeoSquare, and OC up to the 34th floor for MS Tower B. * Operational Performance (Q2 FY26): * Area Sold: 80,589 sq.ft. (Post-Merger Portfolio) * Booking Value (registered): ₹210 crore (Post-Merger Portfolio) * Collections: ₹247 crore (Post-Merger Portfolio) * Financial Performance (Q2 FY26 YoY): * EBITDA increased by 29% to ₹80 crore, with a margin of 52% (up 14%). * Profit After Tax (PAT) grew by 35% to ₹67 crore, with a margin of 43% (up 13%). * Total Revenues stood at ₹155 crore, a decrease of 6%. * Upcoming Projects: The company announced future launches including Monte South Commercial (7.5 lakh sq.ft., Gross Development Value (GDV) ₹3,400 crore), Monte South Residential Tower D (4 lakh sq.ft., GDV ₹1,600 crore), Phase III of Nexzone (4.9 lakh sq.ft., GDV ₹600 crore), and Marathon Neo Series (15.82 lakh sq.ft., GDV ₹2,792 crore).
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Marathon Nextgen Realty Limited filed this with the NSE as a statutory disclosure, categorised under investor presentation. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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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.