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Marathon Nextgen Realty Limited's (NSE:MARATHON) CEO Compensation Is Looking A Bit Stretched At The Moment
Key Insights
- Marathon Nextgen Realty to hold its Annual General Meeting on 24th of September
- Total pay for CEO Chetan Shah includes ₹9.00m salary
- The total compensation is 79% higher than the average for the industry
- Marathon Nextgen Realty's EPS grew by 46% over the past three years while total shareholder return over the past three years was 179%
Under the guidance of CEO Chetan Shah, Marathon Nextgen Realty Limited (NSE:MARATHON) has performed reasonably well recently. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 24th of September. However, some shareholders will still be cautious of paying the CEO excessively.
View our latest analysis for Marathon Nextgen Realty
Comparing Marathon Nextgen Realty Limited's CEO Compensation With The Industry
According to our data, Marathon Nextgen Realty Limited has a market capitalization of ₹43b, and paid its CEO total annual compensation worth ₹27m over the year to March 2025. Notably, that's an increase of 12% over the year before. While we always look at total compensation first, our analysis shows that the salary component is less, at ₹9.0m.
On examining similar-sized companies in the Indian Real Estate industry with market capitalizations between ₹18b and ₹70b, we discovered that the median CEO total compensation of that group was ₹15m. Hence, we can conclude that Chetan Shah is remunerated higher than the industry median. Moreover, Chetan Shah also holds ₹479m worth of Marathon Nextgen Realty stock directly under their own name, which reveals to us that they have a significant personal stake in the company.
Component | 2025 | 2024 | Proportion (2025) |
Salary | ₹9.0m | ₹8.9m | 34% |
Other | ₹18m | ₹15m | 66% |
Total Compensation | ₹27m | ₹24m | 100% |
Speaking on an industry level, all of total compensation represents salary, while non-salary remuneration is completely ignored. Marathon Nextgen Realty pays a modest slice of remuneration through salary, as compared to the broader industry. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.
A Look at Marathon Nextgen Realty Limited's Growth Numbers
Marathon Nextgen Realty Limited's earnings per share (EPS) grew 46% per year over the last three years. Its revenue is down 15% over the previous year.
This demonstrates that the company has been improving recently and is good news for the shareholders. The lack of revenue growth isn't ideal, but it is the bottom line that counts most in business. We don't have analyst forecasts, but you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.
Has Marathon Nextgen Realty Limited Been A Good Investment?
Boasting a total shareholder return of 179% over three years, Marathon Nextgen Realty Limited has done well by shareholders. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.
In Summary...
Seeing that the company has put up a decent performance, only a few shareholders, if any at all, might have questions about the CEO pay in the upcoming AGM. Still, not all shareholders might be in favor of a pay raise to the CEO, seeing that they are already being paid higher than the industry.
We can learn a lot about a company by studying its CEO compensation trends, along with looking at other aspects of the business. That's why we did our research, and identified 3 warning signs for Marathon Nextgen Realty (of which 2 make us uncomfortable!) that you should know about in order to have a holistic understanding of the stock.
Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NSEI:MARATHON
Marathon Nextgen Realty
Engages in the construction, development, and sale of commercial and residential real estate projects in India.
Adequate balance sheet with acceptable track record.
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