Markolines Pavement Technologies Limited has announced securing multiple work orders worth ₹12.32 crores from five clients, marking a significant milestone for the infrastructure development company. The orders were disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015, with projects scheduled for completion between January and April 2026.

Order Breakdown by Client

The company has successfully obtained orders from diverse clients across the infrastructure sector. The following table summarizes the complete order details:

Major Project Components

The largest order comes from NI Road Infra Pvt. Ltd. (formerly Welspun Road Infra) valued at ₹5.56 crores for micro-surfacing works at the AM2 project site. Thrissur Expressway Ltd. has awarded the second-largest contract worth ₹3.92 crores for providing and laying microsurfacing course across a 28.355 km stretch from Km 240 to Km 270.

Business Impact and Order Book

These new orders strengthen the company's position in the pavement technology sector, with all contracts being domestic assignments. The company has disclosed that its total unexecuted order book now stands at over ₹365 crores, indicating strong business momentum and revenue visibility extending into 2026.

The diversified client base includes expressway operators, infrastructure companies, and port authorities, demonstrating Markolines' broad market acceptance across different infrastructure segments. All orders are confirmed to be arm's length transactions with no related party involvement.

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:

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:

1. Expanding service offerings
2. Leveraging core expertise in infrastructure operations and maintenance
3. Enhancing client and stakeholder satisfaction
4. 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.