Marathon Nextgen Realty Ltd
Marathon Nextgen Realty Ltd (MARATHON)

Marathon Nextgen Realty Ltd (MARATHON)

₹232.050.52%

Key Stats

₹230.05
Day's Price Range
₹241.4
₹73
52-Week Price Range
₹243.7
1 Month Return16.01 %
3 Month Return94.61 %
1 Year Return179.67 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 78
27.83
EPS
Rank 31
₹8.38
BVPS
Rank 32
₹132.41
Dividend Yield
Rank 44
ROE
Rank 86
4.4%
Price To Book Ratio
Rank 67
1.76
Debt To Asset
Rank 156
0.49

Company Information

Piramal Spinning Weaving Mills PSWML was incorporated in Jan 1978 and later in Jun 1979 it was amalgamated with Mahadevi Invesment Company. The has its business interest in textiles and manufactures cotton fabrics synthetic fabric and cotton yarn. from its factories at Lower Parel Mumbai Ambarnath both in Maharashtra and Surat in Gujarat.The company had completed the first phase of modernisation project including the new process house at Ambarnath at a cost of Rs.372.26 lacs and the new process house was fully operational in 198384. The third phase of modernisation programme was completed at a cost of Rs.400 lacs and the fourth phase was completed in 199091 at a cost of Rs.298 lacs. In Sep.92 the company came out with a debenture issue to partfinance its fifth phase of the modernisation programme. With effect from 1 Apr.91 the Niranjan Mills Niranjan was amalgamated with the company pursuant to a scheme processed under the Sick Industrial Companies Special provisions Act 1985. The rehabilitation programme with retrospective effect was sanctioned by the BIFR. The higlights are a The companys 3 main division has been demerged into 3 distinctive entities. 2 The assets/libailities of both the company as well as Niranjan Mills together has been transferred to in Niranjan Piramal Textile Mills Limited from October2001. The Ambernath processing unit has been transferred to Pyarelal Textiles Limited from October2001.3 It has also coopted M/s Ithaca Informatics Pvt Ltd to develop the property at Lower Parel Unit.Subsequent to all this the share capital of the company has reduced to Rs.92.59 lacs. The shareholders of the erstwhile Piramal Spg Wvg Mills Ltd was alloted one share in each of the 3 companies for every 3 shares held by them. The name of the company was changed to Marath Nextgen Realty Textiles Ltd.
OrganisationMarathon Nextgen Realty Ltd
HeadquartersMumbai
IndustryRealty