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Earnings Call

Markolines Pavement Technologies Earnings Call: Key Takeaways

Markolines reported strong FY26 performance with 13.35% revenue growth and 15.46% PAT growth. Management is executing a strategic merger with Markolines Infra Limited to scale into a ₹1000 Cr revenue company.

Why this was an Alfa AlertNot a filter event. Results are strong but do not meet the 10%+ beat against prior guidance criteria.
Highlights
Revenue growth13.35% YoY for FY26; 13.12% QoQ for Q4.
MarginsFY26 EBITDA margin 13.93%; PAT margin 7.53%.
Order bookUnexecuted order book ₹600+ Cr; Pipeline ₹2000 Cr.
Demand visibilityStrong, driven by India's maturing 6.7 million km road network.
Management confidenceHigh, citing 'Road Doctor' specialist positioning and merger synergies.

Growth

FY26 Revenue reached ₹348.49 Cr (up 13%); PAT at ₹26.23 Cr (up 15%).

Outlook

Targeting ₹1000 Cr revenue with ₹2000 Cr order pipeline; merger completion in 6-9 months.

Risks

Economic disturbances, raw material cost fluctuations, and infrastructure policy changes.

Source

Earnings Call filed with NSE, NSE: MARKOLINES. Summary written with AI assistance from the document.

Read the document ↗

Markolines Pavement Technologies Ltd: key numbers

Share price
₹163.03
Market cap
₹362.0 Cr
Revenue (annual)
₹348.5 Cr
Net profit (annual)
₹26.23 Cr
P/E (TTM)
13.5×Sector 33.5×
Promoter holding
54.60%-0.40% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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10:44 IST BSE
New Order Win

Markolines Pavement Technologies Bags ₹63.23 Cr Order from Brihanmumbai Municipal Corporation

Markolines Pavement Technologies won a ₹63.23 Crore contract from Brihanmumbai Municipal Corporation for microsurfacing on Eastern Express Highway. Work must be completed in six months including monsoon.

Value
₹63.23 Cr
From
Brihanmumbai Municipal Corporation
Execution
Six months, including monsoon
10:41 IST BSE
New Order Win

Markolines Pavement Technologies Bags ₹71.97 Cr Order from Brihanmumbai Municipal Corporation

Markolines Pavement Technologies received a ₹71.97 Crore road work order from BBMC for Western Express Highway microsurfacing. Execution spans six months including monsoon.

Value
₹71.97 Cr
From
Brihanmumbai Municipal Corporation
Execution
Six months, including monsoon
09:59 IST NSE
New Order Win

Markolines Pavement Technologies Bags ₹135.2 Cr Order from Brihanmumbai Municipal Corporation

Markolines received two work orders from BMC for microsurfacing on Mumbai's Eastern and Western Express Highways. Aggregate contract value is ₹135.20 Crore over six months each.

Value
₹135.2 Cr
From
Brihanmumbai Municipal Corporation (BMC)
Execution
Six months (each work order)