Markolines Pavement Technologies
- Market cap
- ₹ 380 Cr.
- P/E
- 14.4x
- P/B
- 1.9x
- 52-week range
- 131.65 – 191.75
- ROE
- 14%
- ROCE
- 16%
- Dividend yield
- 0%
- Debt / equity
- 0.43
- Sector
- Construction
- Industry
- Civil Construction
- Listed on
- NSE, BSE
About
Markolines Pavement Technologies Limited is an India-based company that is primarily engaged in the business of providing services of infrastructure operations like road and related infrastructure construction and road maintenance. The Company’s segments include Highway maintenance services and Specialized Construction. The Company’s services include Highway Maintenance, Specialized Maintenance Services, and Specialized Construction Services. Its Highway Maintenance services are categorized into three types: preventive maintenance, major maintenance and repairs (MMR), and rigid pavement maintenance, which includes pavement milling, bituminous overlay, rehabilitation of pavement and repair / replacement of road furniture, among others. Its Specialized Maintenance Services includes micro surfacing and cold in place recycling (CIPR). Its Specialized Construction Services include soil stabilization, full depth reclamation (FDR), and tunneling.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Civil Construction: 182 companies →Markolines Pavement Technologies against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)14.4 against a typical 14.4: in line than most peers (1st = cheapest).90th of 181
- Sales growth−15.3% against a typical +8.6% from a year earlier.116th of 147
- Profit growth+15% against a typical 0% from a year earlier.52nd of 130
- Share price, 3 months−1.2% against a typical −13.1%.46th of 164
- Size₹ 379.6 Cr. market value against a typical ₹ 148 Cr. (1st = largest).55th of 156
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB- by India Ratings- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| India Ratings | IND BBB-; IND A3 | Rating Watch | 29 Jan 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 29 Jan 2026 | Reaffirmed | IND BBB- | — | India Ratings | ₹ 109.37 Cr. | |
| 29 Oct 2025 | Rating action | IND BBB- | — | India Ratings | ₹ 109.37 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 14 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 26 May 2026 | Financial Results | MARKOLINES : 26-May-2026 : The Company has informed the Exchange that a Board meeting to be held on May 26, 2026 to consider and approve the financial results for the period ended March 31, 2026 |
| 25 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 14 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 14 Nov 2025 | Financial Results | To consider and approve the Unaudited financial results for the quarter and half year ended September 30, 2025 and the Limited Review Report of Auditor thereon. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 50 | 56 | 80 | 115 | 73 | 78 | 80 | 93 | 62 |
| Expenses | 46 | 49 | 73 | 95 | 66 | 70 | 70 | 76 | 55 |
| Operating Profit | 5 | 6 | 8 | 19 | 7 | 7 | 10 | 16 | 7 |
| OPM % | 9.6% | 10.9% | 9.4% | 16.8% | 9.6% | 9.4% | 12.5% | 17.6% | 10.8% |
| Other Income | 1 | 1 | 3 | 2 | 1 | 2 | 2 | 3 | 3 |
| Interest | 1 | 2 | 1 | 3 | 1 | 1 | 1 | 2 | 2 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 2 | 3 | 7 | 17 | 5 | 6 | 9 | 15 | 6 |
| Tax % | 25.1% | 24.5% | 15.3% | 27.5% | 28.6% | 32.5% | 18.1% | 24.7% | 21.7% |
| Net Profit | 2 | 2 | 6 | 12 | 4 | 4 | 7 | 11 | 4 |
| EPS in Rs | 0.78 | 1.1 | 2.86 | 5.59 | 1.72 | 1.81 | 3.22 | 5.12 | 1.96 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 15%
- 3 Years
- 1%
- TTM
- −3%
- 10 Years
- —
- 5 Years
- 44%
- 3 Years
- 18%
- TTM
- 9%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 9%
- TTM
- —
- 10 Years
- —
- 5 Years
- 17%
- 3 Years
- 16%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Markolines Pavement Technologies | ₹ 175.10 | ₹ 380 Cr. | 14.4x | 1.9x | 14% | — |
| Adani Ports and Special Economic Zone | ₹ 1,703.00 | ₹ 3,92,364 Cr. | 31.1x | 4.4x | 16.2% | 33% |
| GMR Airports | ₹ 87.00 | ₹ 91,863 Cr. | 567.5x | — | — | 3.2% |
| JSW Infrastructure | ₹ 315.60 | ₹ 73,535 Cr. | 44.8x | 6.6x | 14.8% | 28.9% |
| Aegis Vopak Terminals | ₹ 242.00 | ₹ 26,813 Cr. | 95.1x | 7x | 11% | 37% |
| Shreeji Shipping Global | ₹ 775.25 | ₹ 12,518 Cr. | 61.2x | 12.6x | 29.9% | 21.5% |
Management
- Sanjay Bhanudas Patil
- Chairman of the Board, Managing Director
- Anil Nikam
- Chief Executive Officer
- Vijay Ratanchand Oswal
- Chief Financial Officer
- Pranav Suryakiran Chaware
- Company Secretary, Compliance Officer
- Praveen Sevantilal Panchal
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.