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Markolines Pavement Technologies Limited

Markolines Pavement Technologies Limited

170.05
INR
-4.55
(-2.61%)
12.00EPS
15.04P/E
4.01BMarket Cap
Markolines Pavement Technologies Limited
BSE:MARKOLINES
(Bombay Stock Exchange)

Recent

price

170.05

P/E

ratio

15.04

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
52.36
108.19
90.65
88.96
140.16
174.65
137.25
158.07
157.46
Revenue per Share
1.8
5.14
2.87
6.08
8.24
9.06
10.16
11.9
12
Basic EPS, GAAP
-4.79
4.85
0.81
-11.75
10.53
1.28
-7.27
2.83
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.69
0.85
1.5
- -
Dividend per Share
6.75
10.51
12.99
37.17
44.91
53.27
80.31
91.92
- -
Book Value per Share
6.73
10.5
12.98
37.16
44.68
52.9
79.72
91.49
- -
Tangible Book Value per Share
14
14
14
17
19
19
22
22
22
Basic Weighted Avg Shares
732
1,513
1,267
1,480
2,678
3,337
3,070
3,485
3,516
Sales/Revenue/Turnover
9.37
10.16
8.88
14.01
9.6
8.1
11.2
16.16
9.66
Operating Margin (%)
24
27
25
26
23
50
75
70
71
Depreciation Expense
25
72
40
101
157
173
227
262
268
Net Income, GAAP
30.71
30.98
37.82
31.12
29.64
32.3
24.73
25.44
24.1
Effective Tax Rate (%)
3.44
4.75
3.17
6.83
5.88
5.19
7.4
7.53
7.62
Profit Margin (%)
204
294
314
759
717
818
1,438
1,008
- -
Working Capital
196
195
164
136
149
205
191
101
- -
LT Debt
129
201
248
710
858
1,018
1,767
2,026
- -
Total Equity
- -
19.43
11.6
17.97
16.72
13.09
12.75
9.32
- -
Return on Invested Capital (%)
- -
19.41
11.43
16.58
16.63
14.7
14.79
11.48
- -
Return on Capital (%)
- -
43.6
17.89
21.09
20.08
18.45
16.31
13.83
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
761
- -
LT Borrowings
- -
101
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
22
22
22
Market Capitalization
3,637
3,125
4,008

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,269
- -
Cash, Cash Equivalents & STI
- -
18
- -
Accounts Receivable, Net
- -
1,454
- -
Inventories
- -
81
- -
Total Current Liabilities
- -
1,261
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
761
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
62.77%
14.65%
Free Cash Flow
- -
-604.4%
-138.36%
Net Income, GAAP
- -
52.81%
15.46%
Sales/Revenue/Turnover
- -
25.57%
13.51%
Total Cash Common Dividend
- -
- -
72.74%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
504
555
801
1,215
3,070
2026
727
777
930
1,051
3,485
2027
759
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.9
0.98
2.79
5.49
10.16
2026
1.72
1.7
3.33
5.15
11.9
2027
1.96
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.85
2026
- -
- -
- -
- -
1.5
2027
- -
- -
- -
- -
- -
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Business
Markolines Pavement Technologies Ltd., incorporated in 2002 and headquartered in Navi Mumbai, Maharashtra, India, provides highway operations and maintenance services across India, including in Rajasthan, Maharashtra, and West Bengal; the company offers a comprehensive suite of solutions such as preventive and major maintenance, microsurfacing with fiber, cold in-place recycling (CIPR), soil stabilization and full depth reclamation (FDR), rigid pavement maintenance for concrete roads addressing structural cracks and subgrade damage, toll operations, route patrolling, incident management, routine maintenance, and tunneling projects. Originally founded as Mark-O-Line Traffic Controls Private Limited in Pune with a focus on thermoplastic road marking, it has evolved into a multi-product provider pioneering technologies like fiber-reinforced microsurfacing in 2017 and CIPR in 2018, managing approximately 943 kilometers of national highways through over 90 projects. In recent developments, the company migrated from SME to mainboard listing on BSE and NSE, announced a merger with subsidiary Markolines Infra Limited in fiscal 2025, introduced its rigid pavement maintenance division in 2024, secured work orders worth around Rs 95 million in 2025, and reported H1 FY26 revenue growth of 42% year-over-year to Rs 152 crore with PAT up 90%.