COMPANY QUOTE

details
Share Market News
The revenue for the December 2017 quarter is pegged at Rs. 0.00 millions against Rs. 538.13 millions recorded during the year-ago period.Net profit of the cmpany stood at Rs. 102.96 millions for the quarter ended December 2017 a decline of -59.08% from Rs. 251.63 millions in the same quarter last year.Operating Profit reported a sharp decline to 123.40 millions from 322.56 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 0.00 538.13 0.00 0.00 538.29 0.00 1931.40 1972.77 -2.10 Other Income 144.11 159.18 -9.47 427.13 722.94 -40.92 554.25 507.85 9.14 PBIDT 123.40 322.56 -61.74 334.59 848.20 -60.55 1122.61 1110.78 1.07 Interest 0.00 2.81 0.00 3.00 2.81 6.76 2.99 0.10 2890.00 PBDT 123.40 319.75 -61.41 331.59 845.39 -60.78 1119.62 1110.68 0.80 Depreciation 0.33 0.37 -10.81 1.10 1.10 0.00 1.47 2.91 -49.48 PBT 123.07 319.38 -61.47 330.49 844.29 -60.86 1118.15 1107.77 0.94 TAX 20.11 67.75 -70.32 64.08 250.77 -74.45 238.60 237.96 0.27 Deferred Tax -0.02 0.00 0.00 -0.67 -0.46 45.65 -2.75 -1.35 103.70 PAT 102.96 251.63 -59.08 266.41 593.52 -55.11 879.55 869.81 1.12 Equity 230.00 284.37 -19.12 284.37 284.37 0.00 284.37 284.37 0.00 PBIDTM(%) 0.00 59.94 -100.00 0.00 157.57 0.00 58.12 56.31 3.23
Marathon Nextgen Realty is currently trading at Rs. 635.00, up by 3.80 points or 0.60% from its previous closing of Rs. 631.20 on the BSE.The scrip opened at Rs. 634.50 and has touched a high and low of Rs. 642.00 and Rs. 626.05 respectively. So far 464 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 669.50 on 01-Jan-2018 and a 52 week low of Rs. 195.00 on 05-Jan-2017.Last one week high and low of the scrip stood at Rs. 669.50 and Rs. 555.00 respectively. The current market cap of the company is Rs. 1476.60 crore.The promoters holding in the company stood at 74.97%, while institutions and non-institutions held 0.02% and 25.01% respectively.Marathon Nextgen Realty has received an approval for acquisition of ‘Marathon FutureX IT Park’ business owned by Marathon Realty, a related party. The acquisition is expected to be completed by end April 2018 and the lump sum consideration is Rs 93 crore. This acquisition will be subject to the required approvals being obtained including that of the shareholders of the company under section 188 of the Companies Act 2013.Marathon Nextgen Realty focuses on residential and commercial segments. The company’s JV projects include Marathon Monte Carlo, Mulund, which is a residential suit; Marathon Monte Vista, Mulund, which is a 33 story residential tower, and Marathon Monte Plaza, Mulund, which includes retail and offices.
The sales is pegged at Rs. 538.17 millions for the March 2017 quarter. The mentioned figure indicates a decline of about -49.43% as against Rs. 1064.30 millions during the year-ago period.A big decline of -47.04% was reported for the quarter ended March 2017 to Rs. 215.25 millions from Rs. 406.47 millions of corresponding previous quarter.The company reported a degrowth in operating Profit to 274.41 millions from 485.08 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201703 201603 % Var 201703 201603 % Var 201603 201503 % Var Sales 538.17 1064.30 -49.43 1076.53 1972.77 -45.43 62.68 223.27 -71.93 Other Income 135.00 124.89 8.10 857.86 512.09 67.52 1181.84 478.18 147.15 PBIDT 274.41 485.08 -43.43 1122.61 1115.04 0.68 1106.70 528.28 109.49 Interest 0.18 0.10 80.00 2.99 0.10 2890.00 0.00 0.07 0.00 PBDT 274.23 484.98 -43.46 1119.62 1114.94 0.42 1106.70 528.21 109.52 Depreciation 0.37 0.73 -49.32 1.47 2.92 -49.66 2.92 3.12 -6.41 PBT 273.86 484.25 -43.45 1118.15 1112.01 0.55 1103.78 525.08 110.21 TAX 58.61 77.78 -24.65 309.38 211.45 46.31 349.93 140.97 148.23 Deferred Tax -2.99 -2.65 12.83 -2.99 -3.02 -0.99 -1.30 0.57 -328.07 PAT 215.25 406.47 -47.04 808.77 900.57 -10.19 753.85 384.11 96.26 Equity 284.37 284.37 0.00 284.37 284.37 0.00 284.37 189.58 50.00 PBIDTM(%) 50.99 45.58 11.87 104.28 56.52 84.50 1765.63 236.61 646.23
Marathon Nextgen Realty has submitted a Copy of the Notice of postal ballot.The above information is a part of company’s filings submitted to BSE.
Marathon Nextgen Realty has informed that pursuant to Regulation 9 (1) & (2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the code of Conduct adopted by the Company to regulate, monitor and report Trading by the Insiders, the ‘Trading Window’ in respect of dealings in the Equity Shares of the Company, will remain closed for all Designated (specified) Employees of the Company and the ‘Connected Persons’ with the Company with effect from February 01, 2017 to February 11, 2017.The above information is a part of company’s filings submitted to BSE.
Marathon Nextgen Realty has informed that the Meetings of the Board of Directors of the Company are scheduled to be convened on February 09, 2017, to consider the Un-audited Financial Results for the Quarter ended December 31, 2016.The above information is a part of company’s filings submitted to BSE.
Marathon Nextgen Realty has informed that the ‘Hon’ble High Court of Judicature At Bombay’ has on October 06, 2016 orally pronounced an Order, approving the Scheme of Amalgamation of Parmeka, a wholly Owned Subsidiary with Marathon Nextgen Realty.The above information is a part of company’s filings submitted to BSE.
Marathon Nextgen has informed about standalone financial results for the period ended June 30, 2016 and standalone limited review for the period ended June 30, 2016.The above information is a part of company’s filings submitted to BSE.
Marathon Nextgen Realty has submitted a Copy of the Notice of Postal Ballot.The above information is a part of company’s filings submitted to BSE.
Marathon Nextgen Realty has informed that the Allotment Committee of the Company, at its meeting held on December 23, 2015 has approved the allotment of Bonus Shares consisting of 9,479,115 equity shares of face value of Rs 10 each of the Company to the eligible shareholders at a proportion of One New Equity Share for every Two Shares held as on the Record date (December 22, 2015).The above information is a part of company’s filings submitted to BSE.
Marathon Nextgen Realty has submitted a copy of the details of voting results at the Extra Ordinary General Meeting (EGM) of the Company held on December 10, 2015, as per regulations 44 of the Listing Regulations, 2015.The above information is a part of company’s filings submitted to BSE.
Marathon Nextgen Realty has submitted a copy of gist of proceedings of the EGM of the Company held on December 10, 2015.The above information is a part of company’s filings submitted to BSE.