The Marathon Group was formally launched in 1969 by Shri Ramniklal Shah, an educationist with the ideal of serving society in every way. The seed of the group was sown when Zaveribhai Ramji Shah envisioned and planned Mulund, a 550-acre suburb in Mumbai.

On the odyssey to its present position of eminence in the market, Marathon has developed residential complexes, industrial estates, high-rises, signature homes, retail and corporate spaces, catering to the lifestyles of all classes and masses, with over 70 projects in India. The Group’s ongoing projects are spread over 28 lakh sq. ft. in Mumbai.

Marathon’s dynamic leadership and lean management is supplemented by a prestigious ISO 9001:2000 certification (Quality Management Systems), CRISIL Rating as DA3 (Developers) for the flagship company – Marathon Realty Pvt. Ltd.

Marathon continued to contribute to Mulund through the 70’s and the 80’s, with over 30 landmark projects in this suburb alone, carrying forward the patriarch's vision, conviction and dedication, making Mulund the 'Prince of the Suburbs'.

In the 90’s, Marathon expanded to over the rest of Mumbai and beyond under the stewardship of the next generation, Ramnikbhai's sons, Chetan Shah and Mayur Shah. Qualified civil and structural engineers from USA, the two brothers have consistently set new benchmarks for the group, re-inventing the Group's goal and adopting new age methodologies. Marathon Nextgen is a result of those efforts.

Other ventures of the company

Marathon Nextgen Realty Ltd.

Unitech Ltd.

Shriram Properties Ltd.

Ashiana Housing Ltd.

JMC Projects (India) Ltd.

Capacit'e Infraprojects Ltd.

Arvind Smartspaces Ltd.

PSP Projects Ltd.

Peninsula Land Ltd.

Ajmera Realty & Infra India Ltd.

B.L. Kashyap and Sons Ltd.

Omaxe Ltd.

Ganesh Housing Corporation Ltd.

Texmaco Infrastructure & Holdings Ltd.

Bigbloc Construction Ltd.

Market Cap	2,306 Cr	ROE	15.9%
P/E Ratio(TTM)	13.4	EPS(TTM)	0.0
P/B Ratio	2.5	Dividend Yield	0.2%
Industry P/E	66.9	Book Value	177.0
		Face Value	5.0

Fundamentals