Marathon Nextgen Realty Ltd Stock Analysis

BSE: 503101 | NSE: MARATHON | Construction - Real Estate | Small Cap

BSE Share Price 25-Nov-2022 18:01
236.90 -0.60 (-0.25%)

DeciZen - Make an Informed Decision on Marathon NextgenReal

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Marathon NextgenReal Price Chart

P/E Ratio (SA) :
30.62
Market Cap :
1,095.6 Cr.
52-wk low :
72.6
52-wk high :
275
Bole Toh?

1. Is Marathon Nextgen Realty Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Marathon Nextgen Realty Ltd is a below average quality company.

2. Is Marathon Nextgen Realty Ltd undervalued or overvalued?

The key valuation ratios of Marathon Nextgen Realty Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Marathon Nextgen Realty Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Marathon Nextgen Realty Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Marathon NextgenReal:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Marathon Nextgen Realty Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 10.6%7.2%7.3%14.9%13.1%4.5%5.8%5.8%4.9%4.6%-
Value Creation Index -0.3-0.5-0.50.1-0.1-0.7-0.6-0.6-0.7-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 46.129.623.319719369.380.881.354.4158238
YoY Gr. Rt. %--35.8%-21.1%745.6%-2.1%-64.1%16.6%0.6%-33.1%190.9%-
Adj EPS 8.86.46.815.315.56.77.47.56.24.77.7
YoY Gr. Rt. %--27%5.5%126.7%1.1%-56.5%10.7%0.5%-17.3%-23.9%-
BVPS (₹) 86.490.895.2110.2125125.4130.4137.2143.4148.1157
Adj Net Profit 49.936.438.4878830.934.234.428.521.736
Cash Flow from Ops. -17.516.80.2-52.5-55.616920.557.6-89.9109-
Debt/CF from Ops. -0.7000-0.21.215.15.7-4.66.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 14.7%-3.9%25.1%190.9%
Adj EPS -6.7%-21.2%-14.1%-23.9%
BVPS 6.23.44.33.3
Share Price 17.9% -4.4% 41.1% 197.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 10.67.27.314.913.24.85.85.64.43.25.1
Op. Profit Mgn % 25.817.821.530.629.462.464.565.685.741.143.7
Net Profit Mgn % 108.3123.2164.744.145.544.642.442.352.413.715
Debt to Equity 000000.40.50.50.61.10.9
Working Cap Days 3,1965,3057,1521,0451,3754,1643,5433,3314,8481,8401,204
Cash Conv. Cycle 3362821661243291,307-1,817-1,1401,597554896

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.10%

Sales growth is growing at healthy rate in last 3 years 25.10%

Sales growth is good in last 4 quarters at 371.38%

Net Profit has been subdued in last 3 years -14.14%

Debt to equity has increased versus last 3 years average to 1.05

Latest Financials - Marathon Nextgen Realty Ltd.

Standalone Consolidated
TTM EPS (₹) 7.7 12.2
TTM Sales (₹ Cr.) 238 501
BVPS (₹.) 157 149.2
Reserves (₹ Cr.) 703 667
P/BV 1.51 1.59
PE 30.62 19.41
From the Market
52 Week Low / High (₹) 72.60 / 275.00
All Time Low / High (₹) 0.00 / 334.75
Market Cap (₹ Cr.) 1,096
Equity (₹ Cr.) 23.1
Face Value (₹) 5
Industry PE 39.8

Management X-Ray of Marathon NextgenReal :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Marathon NextgenReal

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Marathon Nextgen Realty Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Marathon NextgenReal on 25-Nov-2022 18:01 is : 236.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 25-Nov-2022 18:01 the market cap of Marathon NextgenReal stood at ₹ 1,095.6.
The latest PE ratio of Marathon NextgenReal as of 25-Nov-2022 18:01 is 30.62.
The latest PB ratio of Marathon NextgenReal as of 25-Nov-2022 18:01 is 1.51
The 52-week high of Marathon NextgenReal is ₹ 275.0 and the 52-week low is ₹ 72.60.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Marathon NextgenReal is ₹ 238.4 ( Cr.) .

About Marathon Nextgen Realty Ltd

The Marathon Group was formally launched in 1969 by Shri Ramniklal Shah, an educationist with the ideal of serving society in every way. The seed of the group was sown when Zaveribhai Ramji Shah envisioned and planned Mulund, a 550-acre suburb in Mumbai.

On the odyssey to its present position of eminence in the market, Marathon has developed residential complexes, industrial estates, high-rises, signature homes, retail and corporate spaces, catering to the lifestyles of all classes and masses, with over 70 projects in India. The Group’s ongoing projects are spread over 28 lakh sq. ft. in Mumbai.

Marathon’s dynamic leadership and lean management is supplemented by a prestigious ISO 9001:2000 certification (Quality Management Systems), CRISIL Rating as DA3 (Developers) for the flagship company – Marathon Realty Pvt. Ltd.

Marathon continued to contribute to Mulund through the 70’s and the 80’s, with over 30 landmark projects in this suburb alone, carrying forward the patriarch's vision, conviction and dedication, making Mulund the 'Prince of the Suburbs'.

In the 90’s, Marathon expanded to over the rest of Mumbai and beyond under the stewardship of the next generation, Ramnikbhai's sons, Chetan Shah and Mayur Shah. Qualified civil and structural engineers from USA, the two brothers have consistently set new benchmarks for the group, re-inventing the Group's goal and adopting new age methodologies. Marathon Nextgen is a result of those efforts.

Other ventures of the company

Vector Projects India Pvt. Ltd.- Marathon offers total interior solutions from conceptualizing to executing interior designs, under this banner. Civil work, interior decorators, masonry, electrical work, furniture and carpentry are all managed by an efficient team of over 140 efficient experts, driving an annual turnover of INR 100 crores. The accuracy of time frames and final cost estimates are maintained, following the Group's core values.

Lark Consultancy Pvt. Ltd.- Marathon through its financial arm -- Lark Consultancy Pvt. Ltd -- ensures a daily transaction of Rs 150 million on BSE and NSE, resulting in an annual turnover to the tune of Rs 40,000 million. One of the busiest online traders in the capital and share market with headquarters in Mumbai, the firm has branches in Mangalore, Bangalore and Shimoga as well. The venture promises future expansion across geographical regions.

Some of the project carried out by the company are-

  • Marathon NextGen Era-A multi-storeyed luxurious tower with apartments & penthouses in Lower Parel.
  • Marathon NextGen Innova- A multi-storeyed commercial complex in Lower Parel.
  • Marathon NextGen Emperor- A Independent corporate house with offices and retail outlets in Lower Parel.

Milestones of the company:

  • 1972- Marathon Poonam (Mulund) - It was one of the first seven storied building with a lift. This was the first society which was given loan facility in Mulund. Out of Rs. 51 per sq.ft. Rs.33 was given as society loan. 
  • 1986- Marathon Olympic (Mulund) 
  • 1990- Marathon Antariksh (Mulund) – Mulund’s first high-rise building.
  • 1996- Marathon galaxy (Mulund), Mount View (Mulund), Virayatan (Deolali)
  • 1997- Marathon Heights (Worli), Udyog Kshetra (Mulund)
  • 1999- Marathon Heritage (Vikhroli)
  • 2001- Marathon Galaxy (Mulund)
  • 2003- Marathon Max (Mulund), Marathon Maxima (Mulund)
  • 2004- Marathon Chambers (Mulund), Marathon Nextgen Era (Lower Parel), Marathon Nextgen Innova (Lower Parel), Marathon Nextgen Emperor (Lower Parel)
  • 2005- Marathon Omega (Lower Parel), Marathon Vastu (Airoli)

Awards/ Achievements

Marathon Heights, the first residential tower in India with a helipad, was awarded 'The Best Residential Project of the Year - 1999' by Accommodation Times.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now