Marathon Nextgen Realty Limited - Company overview

Marathon is a listed public limited company, first registered with ROC Mumbai I on 13 January 1978.

1978-01-13 Mumbai, Maharashtra Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹500–1000 Cr
▼ -9.3%
FY 2025
PROFIT / LOSS
₹100–500 Cr
▲ 12.9%
FY 2025
EBITDA
₹100–500 Cr
▼ -1.7%
FY 2025
NET WORTH
₹1000+ Cr
▲ 18.3%
FY 2025
TOTAL ASSETS
₹1000+ Cr
▼ -6.7%
FY 2025
EMPLOYEE COUNT
51–60
OPEN CHARGES
8
-
PAID-UP CAPITAL
33.71 cr
AUTHORISED CAPITAL
74.00 cr
COMPANY AGE
48 Years 9 Months
since 1978-01-13
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-24
ACTIVE GST
1
Updated: 2025-07-31 18:53:03
TOTAL MONEY RAISED
₹500–1000 Cr
SATISFIED CHARGES
99
3,226.11 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Marathon covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
73/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (38), financial health (90), director (90) and company-foundation signals.
  • Operating for 48+ years.
Compliance Score High risk
38/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
90/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2025.
  • Positive net worth.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 13 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Marathon Company identity, industry, contact, and registration details from MCA and company records.

Marathon is a listed public limited company, first registered with ROC Mumbai I on 13 January 1978. Its registered office is at Marathon Futurex N. M. Joshi Marg, Lower Parel, Mumbai, Maharashtra. Earlier names on record include Piramal Spinning & Weaving Mills Limited, Marathon Nextgen Realty & Textiles Limited and Marathon Nexthen Realty And Textiles Limited.

Its filings describe the main line of business as real estate activities with own or leased property, which made up 100.00% of turnover.

It has 13 directors: Parul Abhoy Shah, Atul Jayantilal Mehta, Yogesh Ashok Patole and 10 others. The longest-serving is Mayur Ramniklal Shah, on the board since 2003; the most recent to join is Suyash Bhise Neelkanth, appointed in February 2025. Chetan Ramniklal Shah is the managing director. Ten former directors are on record; the most recent to leave was Krishnamurthy Srinivas Raghavan in April 2024. Between them, the directors also sit on the boards of 7 other companies, including Nexzone Fiscal Services Private Limited and Sanvo Resorts Private Limited.

Paid-up capital stands at ₹33.71 crore out of ₹74 crore authorised. The last AGM on record was on 24 September 2025, for accounts made up to 31 March 2025. Eight charges (secured loans) are still open, with Hdfc Bank Limited among the lenders, and 99 more have been paid off. Its shares trade on BSE (503101) and NSE (MARATHON).

Real Estate and Construction ••••••••
  • Location Marathon Futurex N. M. Joshi Marg, Lower Parel, Mumbai, Maharashtra - 400013
  • Website marathonnextgen.com
LinkedIn
Name History
Legal NameMarathon Nextgen Realty Limited
CIN / LLPINL65990MH1978PLC020080
Company No.020080
Stock Symbol BSE: 503101 | NSE: MARATHON
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1978-01-13
Date of AGM2025-09-24
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Mumbai I
Credit RatingB+ (Care)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Marathon (13) Current board members from MCA filings, including designation and appointment details.

P
Parul Abhoy Shah
Director | Since 2020-02-13 | DIN: 02899386
A
Atul Jayantilal Mehta
Director | Since 2020-02-13 | DIN: 08697102
Y
Yogesh Ashok Patole
Company Secretary | Since 2024-07-02
D
Deepak Rameshchandra Shah
Director | Since 2017-02-09 | DIN: 06954206
S
Shailaja Chetan Shah
Director | Since 2015-03-25 | DIN: 00215042
S
Samyag Mayur Shah
Whole-time director | Since 2024-05-28 | DIN: 06884897

Financial Performance of Marathon Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹500–1000 Cr ▼ -9.3%
P&L ₹100–500 Cr ▲ 12.9%
EBITDA ₹100–500 Cr ▼ -1.7%
Net worth ₹1000+ Cr ▲ 18.3%

Exact figures and labelled charts require an active report plan.

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Charges of Marathon Open and satisfied charges registered against the company with MCA.

Others : 647.18 cr
Hdfc Bank Limited : 2.00 cr
Open Charges: 8 Satisfied Charges: 99
Open -
Satisfied 3,226.11 cr
LenderAmountStatus
Others
Creation Date: 29 Dec 2025
 355.00 cr Open
Others
Creation Date: 12 Dec 2025
 1.18 cr Closed
Hdfc Bank Limited
Creation Date: 22 Jul 2025
 2.00 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Real EstateReal estate activities with own or leased property100.00

Companies With Common Directors Of Marathon Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Nexzone Fiscal Services Private Limited 2 Shared Directors
Sanvo Resorts Private Limited 2 Shared Directors
Bliss Gvs Pharma Limited 1 Shared Director
Haps Design Consultancy Llp 1 Shared Director
Siyaram Silk Mills Limited 1 Shared Director
Terrapolis Assets Private Limited 1 Shared Director
The Ruby Mills Limited 1 Shared Director

Financial Ratios of Marathon Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

11 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Marathon Ownership and contribution detail from filings. Full breakdown unlocks with your report.

9 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Marathon EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Marathon GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Marathon Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

2 regulatory flags on record

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Marathon MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Marathon Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

3 subsidiaries on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Marathon Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

MCA filings and documents require an active report plan.

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Frequently Asked Questions about Marathon Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Marathon?
MCA does not publish an "owner" field. Marathon is run by its directors, Parul Abhoy Shah, Atul Jayantilal Mehta, Yogesh Ashok Patole and ten others, with Chetan Ramniklal Shah as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Marathon?
Marathon has 13 current directors: Parul Abhoy Shah (since February 2020), Atul Jayantilal Mehta (since February 2020), Yogesh Ashok Patole (since July 2024), Deepak Rameshchandra Shah (since February 2017), Shailaja Chetan Shah (since March 2015) and Samyag Mayur Shah (since May 2024), plus 7 more. Chetan Ramniklal Shah is the managing director.
What is CIN of Marathon?
The CIN of Marathon is L65990MH1978PLC020080. Reading it left to right: L means it is listed, 65990 is the industry code it registered under, MH is Maharashtra, 1978 is the year it was registered, PLC is the company type and 020080 is its registration number.
When was Marathon incorporated?
Marathon was incorporated on 13 January 1978 with ROC Mumbai I. That makes it more than 48 years old.
What is the registered address of Marathon?
The registered office on MCA records is Marathon Futurex N. M. Joshi Marg, Lower Parel, Mumbai, Maharashtra - 400013.
What is the current status of Marathon?
MCA shows Marathon as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Marathon?
You can post to its registered office at Marathon Futurex N. M. Joshi Marg, Lower Parel, Mumbai, Maharashtra - 400013 and use its website, https://marathonnextgen.com.
What industry or business activity is Marathon associated with?
Its MCA filings list the main business as real estate activities with own or leased property (100.00% of turnover).
What is paid-up capital and authorised share capital of Marathon?
Paid-up capital is ₹33.71 crore and authorised capital is ₹74 crore, so about 46% of the authorised amount has been issued.
When did Marathon last file accounts and hold an AGM?
The last AGM on record was on 24 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Marathon?
Eight charges against Marathon are still open and 99 have been satisfied. Lenders named in the filings include Hdfc Bank Limited.
Have any directors left Marathon?
Yes, ten former directors are on record. The most recent to leave were Krishnamurthy Srinivas Raghavan (April 2024), Sundaram Ramamurthi (November 2023) and Anup Pravin Shah (August 2020).
Which companies share directors with Marathon?
7 companies share directors with Marathon. Among them are Nexzone Fiscal Services Private Limited, Sanvo Resorts Private Limited, Bliss Gvs Pharma Limited and 4 more.
What is the turnover or revenue of Marathon?
Based on filed financial statements, the revenue of Marathon for FY 2025 was in the ₹500–1000 Cr range. That is down 9.3% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Marathon?
For FY 2025, the net worth of Marathon was in the ₹1000+ Cr range.
How can I get the financial details of Marathon?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Marathon?
The website on record for Marathon is https://marathonnextgen.com.
Which company owns marathonnextgen.com?
marathonnextgen.com is the website listed for Marathon Nextgen Realty Limited in its company records.
Is Marathon registered with any stock exchange in India?
It is listed on both BSE (scrip code 503101) and NSE (symbol MARATHON).
Marathon - is it listed or unlisted?
Marathon is a listed company, and its CIN starts with L.
What is the ROC code of Marathon?
Marathon is registered with ROC Mumbai I.
What is the company classification of Marathon?
MCA classifies Marathon as: Public Limited Indian Non-Government Company.
Does Marathon have subsidiaries?
Yes, 3 subsidiaries are on record for Marathon.
Does Marathon have GST registrations on file?
Yes, one active GST registration is linked to Marathon.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.