Marathon Nextgen Realty Limited

NSEI:MARATHON Stock Report

Market Cap: ₹31.5b

Marathon Nextgen Realty Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Chetan Shah

Chief executive officer

₹23.9m

Total compensation

CEO salary percentage37.6%
CEO tenure14.9yrs
CEO ownership2.0%
Management average tenure1.1yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

Investors Aren't Entirely Convinced By Marathon Nextgen Realty Limited's (NSE:MARATHON) Earnings

Oct 24
Investors Aren't Entirely Convinced By Marathon Nextgen Realty Limited's (NSE:MARATHON) Earnings

Investors Still Aren't Entirely Convinced By Marathon Nextgen Realty Limited's (NSE:MARATHON) Earnings Despite 44% Price Jump

Jun 19
Investors Still Aren't Entirely Convinced By Marathon Nextgen Realty Limited's (NSE:MARATHON) Earnings Despite 44% Price Jump

Marathon Nextgen Realty (NSE:MARATHON) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Jun 05
Marathon Nextgen Realty (NSE:MARATHON) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Marathon Nextgen Realty Limited (NSE:MARATHON) Soars 30% But It's A Story Of Risk Vs Reward

Mar 02
Marathon Nextgen Realty Limited (NSE:MARATHON) Soars 30% But It's A Story Of Risk Vs Reward

Should You Be Adding Marathon Nextgen Realty (NSE:MARATHON) To Your Watchlist Today?

Nov 08
Should You Be Adding Marathon Nextgen Realty (NSE:MARATHON) To Your Watchlist Today?

Marathon Nextgen Realty's (NSE:MARATHON) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 08
Marathon Nextgen Realty's (NSE:MARATHON) Shareholders Will Receive A Bigger Dividend Than Last Year

Should You Be Adding Marathon Nextgen Realty (NSE:MARATHON) To Your Watchlist Today?

Apr 11
Should You Be Adding Marathon Nextgen Realty (NSE:MARATHON) To Your Watchlist Today?

We Ran A Stock Scan For Earnings Growth And Marathon Nextgen Realty (NSE:MARATHON) Passed With Ease

Dec 20
We Ran A Stock Scan For Earnings Growth And Marathon Nextgen Realty (NSE:MARATHON) Passed With Ease

We Think Marathon Nextgen Realty's (NSE:MARATHON) Profit Is Only A Baseline For What They Can Achieve

Nov 20
We Think Marathon Nextgen Realty's (NSE:MARATHON) Profit Is Only A Baseline For What They Can Achieve

Increases to CEO Compensation Might Be Put On Hold For Now at Marathon Nextgen Realty Limited (NSE:MARATHON)

Sep 23
Increases to CEO Compensation Might Be Put On Hold For Now at Marathon Nextgen Realty Limited (NSE:MARATHON)

These 4 Measures Indicate That Marathon Nextgen Realty (NSE:MARATHON) Is Using Debt In A Risky Way

Jul 12
These 4 Measures Indicate That Marathon Nextgen Realty (NSE:MARATHON) Is Using Debt In A Risky Way

Calculating The Fair Value Of Marathon Nextgen Realty Limited (NSE:MARATHON)

Mar 22
Calculating The Fair Value Of Marathon Nextgen Realty Limited (NSE:MARATHON)

Here's Why Marathon Nextgen Realty (NSE:MARATHON) Is Weighed Down By Its Debt Load

Feb 15
Here's Why Marathon Nextgen Realty (NSE:MARATHON) Is Weighed Down By Its Debt Load

Reflecting on Marathon Nextgen Realty's (NSE:MARATHON) Share Price Returns Over The Last Three Years

Jan 07
Reflecting on Marathon Nextgen Realty's (NSE:MARATHON) Share Price Returns Over The Last Three Years

We Think Marathon Nextgen Realty (NSE:MARATHON) Is Taking Some Risk With Its Debt

Nov 15
We Think Marathon Nextgen Realty (NSE:MARATHON) Is Taking Some Risk With Its Debt

CEO Compensation Analysis

How has Chetan Shah's remuneration changed compared to Marathon Nextgen Realty's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹2b

Jun 30 2024n/an/a

₹2b

Mar 31 2024₹24m₹9m

₹2b

Dec 31 2023n/an/a

₹1b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹18m₹9m

₹1b

Dec 31 2022n/an/a

₹1b

Sep 30 2022n/an/a

₹566m

Jun 30 2022n/an/a

₹455m

Mar 31 2022₹8m₹8m

₹385m

Dec 31 2021n/an/a

₹75m

Sep 30 2021n/an/a

₹75m

Jun 30 2021n/an/a

₹82m

Mar 31 2021₹8m₹8m

₹152m

Dec 31 2020n/an/a

₹166m

Sep 30 2020n/an/a

₹223m

Jun 30 2020n/an/a

₹287m

Mar 31 2020₹11m₹11m

₹241m

Dec 31 2019n/an/a

₹364m

Sep 30 2019n/an/a

₹295m

Jun 30 2019n/an/a

₹290m

Mar 31 2019₹12m₹11m

₹315m

Mar 31 2018₹12m₹7m

₹387m

Compensation vs Market: Chetan's total compensation ($USD280.78K) is about average for companies of similar size in the Indian market ($USD268.38K).

Compensation vs Earnings: Chetan's compensation has increased by more than 20% in the past year.

CEO

Chetan Shah (68 yo)

14.9yrs

Tenure

₹23,908,000

Compensation

Mr. Chetan Ramniklal Shah, B.Tech., M.S. (USA) serves as the Chairman and Managing Director of Marathon Nextgen Realty Limited. Mr. Shah has three decades of experience in planning, operations, quality ass...

Leadership Team

NamePositionTenureCompensationOwnership
Chetan Shah
Chairman & MDno data₹23.91m1.95%
₹ 614.4m
Mayur Shah
President & VC21.8yrs₹180.00k1.47%
₹ 460.8m
Suyash Bhise
Chief Financial Officerless than a yearno datano data
Yogesh Patole
Whole Time Company Secretary & Compliance Officerless than a yearno datano data
Kaivalya Shah
Head of Projects & Whole-Time Director1.7yrsno data0.49%
₹ 153.5m
Samyag Shah
Head of Projects & Whole-Time Director1.7yrsno data0.49%
₹ 153.5m
Parmeet Shah
Head of Projectno datano data0.49%
₹ 153.5m

1.1yrs

Average Tenure

62yo

Average Age

Experienced Management: MARATHON's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Chetan Shah
Chairman & MD14.9yrs₹23.91m1.95%
₹ 614.4m
Mayur Shah
President & VC21.8yrs₹180.00k1.47%
₹ 460.8m
Kaivalya Shah
Head of Projects & Whole-Time Directorless than a yearno data0.49%
₹ 153.5m
Samyag Shah
Head of Projects & Whole-Time Directorless than a yearno data0.49%
₹ 153.5m
Shailaja Shah
Non-Executive Director9.8yrs₹190.00k0.98%
₹ 307.3m
Deepak Shah
Independent Director7.8yrs₹400.00kno data
Parul Shah
Independent Woman Director4.8yrs₹200.00k0.0034%
₹ 1.1m
Atul Mehta
Independent Director4.8yrs₹370.00kno data
Ashwin Thakker
Independent Non-Executive Director4.1yrs₹90.00kno data
Devendra Shrimankar
Independent Directorless than a yearno datano data

4.8yrs

Average Tenure

66yo

Average Age

Experienced Board: MARATHON's board of directors are considered experienced (4.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 02:28
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Marathon Nextgen Realty Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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