Markolines Pavement Technologies Limited , India's largest highway maintenance company, has announced a significant contract win and robust financial results for the first quarter of fiscal year 2026.

New Contract Win

The company has received a Letter of Acceptance (LOA) from Trans Metalite India Ltd. for a contract valued at approximately Rs. 100 crore. The project involves operation and production of patch repair work in the state of Andhra Pradesh over a five-year period. This new contract further strengthens Markolines' order book, which now stands at Rs. 400 crore.

Q1 FY2026 Financial Highlights

Markolines reported impressive year-on-year growth in its Q1 FY2026 results:

• Revenue surged by 44.39% to Rs. 72.72 crore
• EBITDA increased by 36.81% to Rs. 7.51 crore
• Profit After Tax (PAT) more than doubled, growing by 119.37% to Rs. 3.79 crore
• Earnings Per Share (EPS) rose by 91.1% to Rs. 1.72 per share

Financial Performance Table

Recent Developments

Markolines has been actively expanding its project portfolio. Recent contract wins include:

• Rs. 18.87 crore order for periodic maintenance at Varanasi Aurangabad NH-2 Tollway
• Rs. 16.76 crore order from Vadodara Kim Expressway for restoration works
• Rs. 2.94 crore microsurfacing order from Nxt-Infra CT Highways Pvt. Ltd.

The company has also made significant strides in its capital market journey:

• Migration to the BSE Mainboard, effective June 12, 2025
• Filed application for NSE Mainboard listing on August 9, 2025

Management Commentary

Sanjay B. Patil, Founder, Chairman & Managing Director of Markolines, commented on the company's performance: "Our Q1 FY2026 results demonstrate the resilience of our business model and the effectiveness of our strategic project execution across diverse locations. The new Rs. 100 crore contract from Trans Metalite India Ltd. further validates our expertise in highway maintenance and strengthens our order book."

Patil added, "With the government's continued focus on infrastructure spending and growing privatization in the sector, we are well-positioned to capitalize on emerging opportunities while setting new benchmarks for efficiency and quality in highway maintenance."

Future Outlook

Markolines' management has outlined a vision focused on five key pillars:

1. Prioritizing client satisfaction with reliable and innovative solutions
2. Expanding service offerings to meet evolving needs
3. Driving revenue growth by scaling project ticket sizes
4. Leveraging expertise across adjacent infrastructure sectors
5. Building a leadership position in Infrastructure Operations & Maintenance (O&M)

With its strong order book, recent contract wins, and robust financial performance, Markolines Pavement Technologies appears well-positioned for continued growth in the highway maintenance sector.

Markolines Pavement Technologies Limited has announced its unaudited financial results for the first quarter of fiscal year 2026, ending June 30, 2025, showing a notable improvement in profitability while maintaining stable revenue levels.

Financial Highlights

Consolidated Net Profit increased from Rs. 1.75 crores in the previous quarter. Standalone Net Profit increased from Rs. 1.72 crores in the previous quarter.

Steady Performance with Improved Profitability

Markolines Pavement Technologies has demonstrated resilience in its operations, maintaining a consistent revenue stream of around Rs. 67-68 crores. The company's focus on operational efficiency has resulted in a significant improvement in profitability, with net profit increasing by approximately 34% on a consolidated basis compared to the previous quarter.

Balance Sheet Strength

As of the reporting period, the company's financial position remains robust:

Transparency and Compliance

In compliance with regulatory requirements, Markolines Pavement Technologies has promptly disclosed its financial results. The company published the extract of its standalone and consolidated unaudited financial results for the quarter ended June 30, 2025, in the Financial Express (English) and Mumbai Lakshadweep (Marathi) newspapers on August 15, 2025.

Investor Information

Markolines Pavement Technologies Limited is listed on the BSE with the scrip code 543364 and ISIN INE0FW001016. Investors and stakeholders can access detailed financial information on the company's website and the BSE website.

The company's performance in the first quarter of FY2026 indicates a positive start to the fiscal year, with improved bottom-line results while maintaining revenue stability.