Markolines Pavement Technologies
147.27
+2.32(+1.60%)
Market Cap₹324.60 Cr
PE Ratio11.90
IndustryConstruction
Company Performance:
1D+1.60%
1M-9.38%
6M-19.92%
1Y-19.92%
5Y-19.92%
View Company Insightsright
More news about Markolines Pavement Technologies
27Feb 26
Markolines Pavement Technologies Board Approves Conversion of 40,000 Warrants into Equity Shares
Markolines Pavement Technologies' board approved the conversion of 40,000 convertible warrants into equity shares at Rs.165 per share during their February 27, 2026 meeting. The conversion, executed by non-promoter investor Anushree Gadodia, raised Rs.49.50 lakh and was conducted in full compliance with SEBI ICDR Regulations and Companies Act provisions.
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18Feb 26
Markolines Pavement Technologies Reports Strong Q3FY26 Results with 72% QoQ PAT Growth
Markolines Pavement Technologies delivered impressive Q3FY26 financial performance with revenue reaching ₹92.95 crore (20% QoQ growth) and PAT jumping 72% QoQ to ₹7.00 crore. The company submitted its investor presentation under SEBI regulations and demonstrated consistent growth momentum across all key metrics.
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30Jan 26
Markolines Pavement Technologies Converts 22,800 Warrants into Equity Shares at Rs.165 Each
Markolines Pavement Technologies Limited completed the conversion of 22,800 convertible warrants into equity shares at Rs.165 per share during a board meeting on January 30, 2026. Non-promoter investor Shilpa Ojha received the entire allotment of 22,800 fully paid-up equity shares, generating Rs.28,21,500 for the company. The conversion was executed in full compliance with SEBI ICDR Regulations and Companies Act provisions, with no pending warrant conversions remaining.
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06Jan 26
Markolines Pavement Technologies Secures ₹12.32 Crore Orders with Tight Delivery Timelines
Markolines Pavement Technologies announced securing multiple work orders worth ₹12.32 crores from five major infrastructure clients including NI Road Infra, Thrissur Expressway, and Jawaharlal Nehru Port Authority. The orders have tight completion deadlines ranging from January to April 2026, with the largest order of ₹5.56 crores from NI Road Infra. These wins have strengthened the company's unexecuted order book to over ₹365 crores as of November 2025.
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05Jan 26
Markolines Pavement Technologies Secures ₹12.32 Crore Orders from Five Clients
Markolines Pavement Technologies Limited announced securing work orders worth ₹12.32 crores from five clients under SEBI Regulation 30 disclosure. The orders include microsurfacing and infrastructure maintenance projects from Thrissur Expressway Ltd, NI Road Infra, Unitics Infrastructure, Andhra Pradesh Expressway, and Jawaharlal Nehru Port Authority, with completion timelines spanning January to April 2026.
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20Nov 25
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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17Nov 25
Markolines Pavement Technologies Reports Strong Q2 FY26 Results with 69% PAT Growth
Markolines Pavement Technologies Limited, a key player in India's highway maintenance sector, has announced impressive Q2 FY26 results. The company's revenue increased by 39.95% to Rs. 77.67 crore, while Profit After Tax (PAT) grew by 69.29% to Rs. 4.08 crore. Earnings Per Share (EPS) saw a significant rise of 73.47% to Rs. 1.70. The company has successfully completed mainboard listings on both BSE and NSE. With a robust order book of Rs. 396.00 crore and an order pipeline exceeding Rs. 600.00 crore, Markolines is well-positioned for future growth in India's expanding infrastructure sector.
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06Nov 25
Markolines Pavement Technologies' Bank Loan Facilities Remain on Rating Watch
India Ratings and Research (Ind-Ra) has maintained Markolines Pavement Technologies Limited's (MPTL) bank loan facilities on Rating Watch with Developing Implications. The total bank loan facilities of Rs. 109.37 crores are rated IND BBB-/Rating Watch with Developing Implications, while the short-term rating is IND A3/Rating Watch with Developing Implications. The total rated amount has been reduced from Rs. 112.65 crores previously. The facilities include fund-based and non-fund-based working capital limits, term loans, and working capital demand loans from HDFC Bank Limited and Yes Bank Ltd.
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14Oct 25
Markolines Pavement Technologies Lists on NSE Mainboard, Reports Strong Q1 FY26 Performance
Markolines Pavement Technologies Limited has listed on the NSE Mainboard effective October 14, 2025, following its migration to the BSE Main Board in June 2025. The company reported impressive Q1 FY26 results with revenue of ₹72.72 crore (44.39% YoY growth) and PAT of ₹3.79 crore (119.37% YoY growth). The company maintains a robust order book of ₹400 crores and has secured new orders worth ₹200.98 crore in FY26. The Board has approved a merger with Markolines Infra Limited to streamline operations and unlock synergies. Management views the NSE listing as a significant milestone, enhancing access to capital markets and broadening the investor base.
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06Oct 25
Markolines Pavement Technologies Set to Join NSE Mainboard on October 14
Markolines Pavement Technologies Limited (MPTL) has received approval from the National Stock Exchange (NSE) to list and trade its shares on the mainboard platform. The company's trading on NSE will commence on October 14, 2025, with the BSE Scrip Code 543364 and ISIN INE0FW001016. MPTL, headquartered in Navi Mumbai, focuses on infrastructure development and pavement technologies. The approval letter (NSE/LIST/219) was received on October 3, 2025, in compliance with SEBI regulations.
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01Oct 25
Markolines Pavement Technologies Shareholders Approve All Resolutions at 23rd AGM
Markolines Pavement Technologies Limited held its 23rd AGM on September 30, 2025, with 59.69% shareholder participation. All eight resolutions were unanimously approved, including financial statements adoption, Rs. 1.50 per share dividend declaration, director re-appointment, auditor appointments, increased borrowing limits, enhanced asset charge creation, and Articles of Association amendment for ESOP. The company reappointed statutory auditors for five years and appointed new secretarial auditors. Voting results showed 100% participation from promoter group and varied participation from public shareholders.
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25Sept 25
Markolines Pavement Technologies' Merger Application Returned by BSE Due to Technical Issues
Markolines Pavement Technologies Limited announced that its draft scheme of amalgamation with Markolines Infra Limited was returned by the Bombay Stock Exchange (BSE) due to technical issues. The merger application, originally submitted on May 7, 2025, sought a No Objection Certificate from BSE. The company is now in the process of resubmitting the application to address the technical issues and proceed with the merger plans.
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18Sept 25
Markolines Pavement Technologies Secures ₹3.51 Crore Order from NCC Limited, Bolsters Order Book
Markolines Pavement Technologies Limited has secured a new order worth ₹3.51 crore from NCC Limited for earth piling works in Mumbai. The company's unexecuted order book now exceeds ₹400 crores, following recent contract wins including a ₹100 crore order from Trans Metalite India Limited. Markolines reported strong Q1 financial results with 119.40% Y-o-Y growth in Profit After Tax. The company has migrated to BSE Mainboard trading and applied for NSE Mainboard listing. A merger between Markolines Infra Limited and Markolines Pavement Technologies Limited is pending regulatory approvals.
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17Sept 25
Markolines Secures ₹3.5 Crore Order for Earth Piling Works in Mumbai
Markolines Pavement Technologies Limited has won a new order worth ₹3.51 crore from NCC Limited for earth piling works at the 454 MLD Malad Wastewater Treatment Facility project in Mumbai. The project has a completion deadline of September 30, 2025. This addition brings Markolines' total unexecuted order book to over ₹400 crore. The company, with a market capitalization of ₹327 crore, made this disclosure in compliance with SEBI regulations.
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08Sept 25
Markolines Pavement Technologies Sets 23rd AGM Date, Approves Key Appointments and Corporate Actions
Markolines Pavement Technologies Limited has set its 23rd AGM for September 30, 2025, via video conferencing. The record date for final dividend eligibility is September 19, 2025. The board recommended new appointments including Mrs. Kirtinandini Patil as Non-Executive Director and reappointments of statutory and secretarial auditors. They approved increased borrowing limits, changes to securitization limits, and alterations to the Articles of Association for ESOP-related clauses. Remote e-voting for the AGM is scheduled from September 27 to 29, 2025.
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28Aug 25
Markolines Pavement Technologies Reports 119% PAT Growth in Q1
Markolines Pavement Technologies Limited (MPTL) reported robust Q1 financial results with revenue increasing 44% year-over-year to Rs. 72.00 crores. EBITDA grew 36% to Rs. 7.51 crores, while PAT surged 119% to Rs. 3.79 crores. EPS rose 91% to Rs. 1.72. The company maintains a strong order book of Rs. 400.00 crores and a pipeline of Rs. 600.00 crores. MPTL added over Rs. 30.00 crores of new orders, including a significant Rs. 100.00 crore order spread over 5 years. The company successfully migrated to the BSE main board and is focusing on larger projects and specialized services for future growth.
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25Aug 25
Markolines Pavement Technologies Secures Rs. 100 Crore Contract Amid Strong Q1 Performance
Markolines Pavement Technologies Limited has received a Rs. 100 crore contract from Trans Metalite India Ltd. for patch repair work in Andhra Pradesh. The company reported impressive Q1 FY2026 results with revenue up 44.39% to Rs. 72.72 crore, EBITDA up 36.81% to Rs. 7.51 crore, and PAT more than doubling to Rs. 3.79 crore. The company's order book now stands at Rs. 400 crore. Markolines has also migrated to the BSE Mainboard and filed for NSE Mainboard listing.
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16Aug 25
Markolines Pavement Technologies Reports Improved Q1 FY2026 Profitability
Markolines Pavement Technologies Limited announced unaudited Q1 FY2026 results, ending June 30, 2025. Consolidated revenue was Rs. 67.61 crores, with net profit rising to Rs. 2.35 crores from Rs. 1.75 crores in the previous quarter. Standalone revenue stood at Rs. 67.66 crores, with net profit increasing to Rs. 2.30 crores from Rs. 1.72 crores. The company maintained stable revenue while improving profitability by approximately 34% on a consolidated basis. The company's financial position remains strong with an equity share capital of Rs. 35.75 crores and reserves of Rs. 42.04 crores.
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14Aug 25
Markolines Pavement Technologies Reports 120% Surge in Q1 Net Profit
Markolines Pavement Technologies Limited announced robust Q1 results with net profit more than doubling to Rs. 379.05 lacs, up 120% year-on-year. Total income from operations increased by 45.4% to Rs. 7,415.46 lacs. EPS rose to Rs. 1.72 from Rs. 0.90. Major Maintenance segment was the primary revenue driver at Rs. 5,061.84 lacs, while Specialised Construction contributed Rs. 2,209.82 lacs. Consolidated results showed net profit of Rs. 379.05 lacs and total income of Rs. 7,420.23 lacs.
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01Aug 25
Markolines Pavement Technologies Approves NSE Mainboard Listing, Aims for Enhanced Visibility
Markolines Pavement Technologies Limited's board has approved listing its equity shares on the NSE Mainboard. The decision, made on August 1, 2025, aims to enhance visibility, improve stock liquidity, and broaden investor access. The company, currently listed on BSE, will proceed with the NSE listing application after completing necessary formalities.
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30Jul 25
Markolines Pavement Technologies Secures Rs. 30.39 Crore in New Work Orders, Bolstering Order Book
Markolines Pavement Technologies Limited has acquired four new work orders totaling Rs. 30.39 crore. These include a Rs. 3.41 crore highway project in Telangana, two Rs. 7.14 crore road maintenance contracts in Pune, and a Rs. 12.69 crore piling works project in Mumbai. The company's unexecuted order book now exceeds Rs. 400 crore. Additionally, the company has scheduled a Board meeting to consider direct listing on the National Stock Exchange of India Limited.
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29Jul 25
Markolines Pavement Technologies to Consider Direct Listing on NSE
Markolines Pavement Technologies Limited, currently listed on BSE, has announced a board meeting on August 1, 2025, to consider and approve a direct listing on the National Stock Exchange of India Limited (NSE). The meeting will also address other agenda items with the Chairman's permission. This potential move could increase the company's visibility and share liquidity.
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19Jun 25
Markolines Pavement Technologies Secures ₹19 Crore Order, Boosts Order Book
Markolines Pavement Technologies has won a new order worth ₹19 crores, expanding its unexecuted order book to over ₹400 crores. The company, specializing in pavement technologies and road construction, has a current market capitalization of ₹320 crores. This new order represents about 4.75% of the company's total order book, signaling potential for future revenue growth in the infrastructure sector.
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10Jun 25
Markolines Pavement Technologies Secures ₹16 Crore Order
Markolines Pavement Technologies, an infrastructure sector company with a market cap of ₹280 crore, has won a new order worth ₹16 crore. While specific details about the order remain undisclosed, this development is expected to positively impact the company's project pipeline and revenue prospects. The order's significance relative to the company's size suggests it could be a meaningful addition to their order book.
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26May 25
Markolines Pavement Technologies Set to Upgrade to BSE Mainboard
Markolines Pavement Technologies Limited has received in-principle approval from BSE Limited to transition its equity shares listing from the BSE SME Board to the BSE Mainboard. This move is expected to enhance the company's visibility, potentially increase liquidity, and broaden its investor base. The transition signifies the company's growth and readiness for stricter compliance standards. It may lead to improved access to capital and increased market attention for the road construction and maintenance technology specialist.
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22Apr 25
Markolines Pavement Technologies Approves Merger with Markolines Infra, Aiming for Comprehensive Highway Services
Markolines Pavement Technologies Limited (MPTL) has approved the amalgamation of Markolines Infra Limited, effective April 1, 2025. Shareholders of Markolines Infra will receive 1.15 MPTL shares for each share held. The merger aims to create India's only end-to-end highway services provider, offering comprehensive solutions from construction to maintenance. Post-merger, promoter shareholding in MPTL will increase to 61.43% from 58.14%.
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11Mar 25
Markolines Pavement Technologies Secures ₹6.39 Crore Order for NH2 Project
Markolines Pavement Technologies Limited, an SME with ₹263 crore market cap, has won a ₹6.39 crore service order from Varanasi Aurangabad NH-2 Tollway Pvt. Ltd. The contract involves completing balance work at Mohania Toll Plaza on NH2. This order represents 2.43% of the company's market capitalization. Markolines confirmed the order is not a related party transaction and involves no interest from directors, promoters, or group companies.
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21Feb 25
Markolines Pavement Technologies Set for BSE Main Board Migration, Plans Significant Capital Expansion
Markolines Pavement Technologies Limited's Board has approved migration from BSE SME Platform to Main Board, subject to shareholder approval. The company plans to increase authorized share capital from Rs. 27 crore to Rs. 50 crore by creating 2.30 crore additional equity shares. Mr. Praveen Sevantilal Panchal has been regularized as an Executive Director. A postal ballot will be conducted for shareholder approval, with M/s. Nikunj Kanabar & Associates appointed as scrutinizer.
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