Markolines Pavement Technologies Reports 39% Revenue Growth in Q2 FY26, Eyes 30% Annual Growth
Markolines Pavement Technologies Limited, a leader in India's highway maintenance sector, reported robust Q2 FY26 results. Revenue increased by 39% to ₹77.67 crores, while PAT grew 69% to ₹4.08 crores. The company maintains a healthy order book of ₹396 crores with an active pipeline of ₹600+ crores. Markolines aims for 30% annual growth and over 100% growth in three years, leveraging India's expanding road infrastructure. The company is expanding its services, introducing innovative technologies, and exploring opportunities in allied infrastructure industries.

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Markolines Pavement Technologies Limited , a leading player in India's highway maintenance sector, has reported a robust financial performance for the second quarter of fiscal year 2026, with significant growth in revenue and profitability.
Financial Highlights
The company's Q2 FY26 results showcase impressive year-over-year growth:
| Metric | Q2 FY26 | YoY Growth |
|---|---|---|
| Revenue | ₹77.67 crores | 39.00% |
| PAT | ₹4.08 crores | 69.00% |
| EPS | ₹1.70 | 73.00% |
Strong Order Book and Growth Outlook
Markolines Pavement Technologies maintains a healthy order book position:
- Unexecuted order book: ₹396 crores
- Active pipeline: ₹600+ crores
The company is targeting a 30% annual growth rate and aims to achieve over 100% growth in the next three years, driven by India's expanding road infrastructure.
Operational Highlights
- Pan-India presence with projects across the country, except in the Northeast
- Diversified service offerings including highway maintenance, specialized maintenance services, and specialized construction services
- Introduction of innovative technologies such as micro-surfacing with fiber, Cold In Place Recycling (CIPR), and Full Depth Reclamation (FDR)
Strategic Initiatives
Markolines is focusing on:
- Expanding service offerings
- Leveraging core expertise in infrastructure operations and maintenance
- Enhancing client and stakeholder satisfaction
- Exploring opportunities in allied infrastructure industries for additional growth
Industry Outlook
The company is well-positioned to benefit from India's growing infrastructure sector:
- National highway network expanding at 34 km per day
- Increasing privatization and monetization of road assets
- Government focus on infrastructure development
Vijay Oswal, Founder and Chief Financial Officer, commented on the results: "With the good order in hand, we expect definitely a very good upside from these results also in the Q3 and Q4. As we have already said, we are expecting at least 30% growth over last year."
Markolines Pavement Technologies continues to demonstrate its leadership in the highway maintenance sector through innovation, technology adoption, and a customer-centric approach. As India's infrastructure development gains momentum, the company appears well-positioned for sustained growth in the coming years.
Historical Stock Returns for Markolines Pavement Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.26% | -7.09% | -8.38% | -15.61% | -15.61% | -15.61% |
















































