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Marathon Nextgen Realty announced Financial Results Q1 2024-25

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company’s sales declined by -22.67 % over the year, substantial increase in net sales/revenue by 4.37 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -16.39 %, Marginal decrease of -20.29% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Marathon Nextgen Realty Ltd. Profit dropped by -12.25 % Year to Year, Marathon Nextgen Realty Ltd’s profitability dropped by -6.55 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -20.75 % Year to Year. EPS decreased by -7.2 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Marathon Nextgen Realty Ltd‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 209.757 Cr Rs. 155.419 Cr Rs. 162.212 Cr + 4.37 % -22.67 %
Expenses Rs. 148.66 Cr Rs. 108.26 Cr Rs. 109.28 Cr + 0.94 % -26.49 %
Operating Profit Rs. 61.1 Cr Rs. 47.16 Cr Rs. 52.93 Cr + 12.23 % -13.37 %
OPM % 29.13 % 30.34 % 32.63 % + 2.29 % + 3.5 %
Other Income Rs. 19.022 Cr Rs. 19.953 Cr Rs. 15.904 Cr -20.29 % -16.39 %
Interest Rs. 24.99 Cr Rs. 13.78 Cr Rs. 18.95 Cr + 37.52 % -24.17 %
Depreciation Rs. 0.76 Cr Rs. 0.67 Cr Rs. 0.75 Cr + 11.94 % -1.32 %
Profit before tax Rs. 54.37 Cr Rs. 52.66 Cr Rs. 49.13 Cr -6.7 % -9.64 %
Tax % 25.03 % 27.97 % 25.72 % -2.25 % + 0.69 %
Net Profit Rs. 43.08 Cr Rs. 40.45 Cr Rs. 37.8 Cr -6.55 % -12.26 %
EPS in Rs Rs. 8.62 Rs. 7.77 Rs. 7.21 -7.21 % -16.36 %


Today, we’re looking at Marathon Nextgen Realty Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -22.67 %. However, it did see a marginal increase of 4.37 % from the previous quarter. Expenses ticked up slightly by 0.94 % quarter-on-quarter, aligning with the annual decline of -26.49 %. Operating profit, while down -13.37 % compared to last year, faced a quarter-on-quarter increase of 12.23 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.5 %, but an expansion of 2.29 % sequentially. Other income fell by -20.29 % compared to the last quarter, despite an annual decline of -16.39 %. Interest expenses surged remarkably by 37.52 % from the previous quarter, yet the year-over-year decrease remains at a moderate -24.17 %. Depreciation costs climbed by 11.94 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.32 %. Profit before tax declined annually by -9.64 % but saw a reduction from the preceding quarter by -6.7 %.
Tax expenses as a percentage of profits increased slightly by 0.69 % compared to last year, with a more notable quarter-on-quarter decrease of -2.25 %. Net profit fell by -12.26 % year-on-year but witnessed a -6.55 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -16.36 % but a quarterly fall of -7.21 %. In summary, Marathon Nextgen Realty Ltd’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 209.757 Cr Rs. 155.419 Cr Rs. 162.212 Cr + 4.37 % -22.67 %
Expenses Rs. 148.66 Cr Rs. 108.26 Cr Rs. 109.28 Cr + 0.94 % -26.49 %
Operating Profit Rs. 61.1 Cr Rs. 47.16 Cr Rs. 52.93 Cr + 12.23 % -13.37 %
Net Profit Rs. 43.08 Cr Rs. 40.45 Cr Rs. 37.8 Cr -6.55 % -12.26 %
EPS in Rs Rs. 8.62 Rs. 7.77 Rs. 7.21 -7.21 % -16.36 %


In reviewing Marathon Nextgen Realty Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -22.67 % year-on-year, however, there was a minor increase of 4.37 % from the previous quarter. Expenses decreased by -26.49 % compared to the previous year, with a 0.94 % increase quarter-on-quarter. Operating Profit dropped by -13.37 % annually, and saw a 12.23 % increase from the last quarter.
Net Profit showed yearly decrease of -12.26 %, and experienced a -6.55 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -16.36 % annually, however dipped by -7.21 % compared to the last quarter. In essence, while Marathon Nextgen Realty Ltd faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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