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MARATHONNEXTGENREALTY Infrastructure 10 Feb 2026

Marathon Nextgen Realty Ltd — Q3 FY26

Marathon Nextgen reported its highest-ever 9-month PAT of 161 cr, driven by strong commercial portfolio performance and steady residential contributions.

bullish high
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Revenue ₹125 Cr
EBITDA
PAT ₹33 Cr
EBITDA Margin 20%
Duration 48 min
Read Time 1 min read

✓ Verified against BSE filing

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

Slow redevelopment pipeline conversion

Despite having a dedicated team, no definitive redevelopment agreements have been announced, raising concerns about execution pace.

medium · analyst_question
R

Merger timeline uncertainty

The merger process is subject to SEBI and NCLT approvals, with potential delays beyond the guided 9 months.

medium · management_commentary
R

Concentration risk in MMR

Company remains focused solely on MMR, exposing it to region-specific regulatory or demand shocks.

low · data_observation