Markolines Pavement Technologies Limited share price
Markolines Pavement Technologies Limited provides highway operations and maintenance services in India. The company offers highway maintenance services, including bituminous, rigid pavement, and preventative maintenance services; specialized maintenance services comprising microsurfacing and cold-in-place recycling services; and specialized construction services, such as tunneling, soil stabilization, full depth reclamation, and other infra development services. It also provides consultancy services. The company was formerly known as Markolines Traffic Controls Limited and changed its name to Markolines Pavement Technologies Limited in October 2021. Markolines Pavement Technologies Limited …Read more
- Market Cap₹ 396 Cr.
- Current Price₹ 178.40
- High / Low₹ 192 / 132
- Stock P/E14.7
- Book Value₹ 92
- Dividend Yield0.00 %
- ROCE18.6 %
- ROE13.80 %
- Face Value₹ 10.0
More figures (10)
- EPS (TTM)₹ 12.14
- Price / Book1.94
- OPM16.2 %
- Debt / Equity0.43
- Sales growth (4Y)9.2 %
- Profit growth (4Y)18.5 %
- Promoter holding70.2 %
- EV / EBITDA9.8
- Beta-0.18
- All-time high₹ 192
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| MARKOLINES | +4.58% | +3.07% | +18.73% | +8.34% | +5.19% | — | — |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- Markolines Pavement Technologies Limited is in the Infrastructure Operations industry (Industrials), with a market value of ₹396 crore.
- It trades at 14.7 times its last 12 months' earnings and 1.9 times book value.
- Revenue grew 9.2% a year over the last 4 years, profit 18.5% a year.
- Return on equity was 13.8% and return on capital employed 18.6% in the latest year.
- Debt was 0.43 times shareholders' equity.
- The share price is 7.0% below its 52-week high and up 5.2% over one year.
- Promoters and insiders hold about 70.2%; institutions about 0.0%.
Pros
AI- Healthy return on equity of 16.2% on average over the last 3 years.
Cons
AINo standout weaknesses in the reported figures.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About Markolines Pavement Technologies Limited
Markolines Pavement Technologies Limited provides highway operations and maintenance services in India. The company offers highway maintenance services, including bituminous, rigid pavement, and preventative maintenance services; specialized maintenance services comprising microsurfacing and cold-in-place recycling services; and specialized construction services, such as tunneling, soil stabilization, full depth reclamation, and other infra development services. It also provides consultancy services. The company was formerly known as Markolines Traffic Controls Limited and changed its name to Markolines Pavement Technologies Limited in October 2021. Markolines Pavement Technologies Limited was incorporated in 2002 and is based in Navi Mumbai, India.
- Employees
- 279
- Head office
- Navi Mumbai
Peer comparison
IndustrialsInfrastructure Operations
| S.No. | Company | CMP ₹ | P/E | Mar Cap ₹ Cr | Div Yld % | NP Qtr ₹ Cr | Qtr Profit Var % | Sales Qtr ₹ Cr | Qtr Sales Var % | ROCE % | ROE % | P/B | OPM % | Debt / Eq | Prom. Hold. % | Sales ₹ Cr | Sales Var 3Yrs % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Markolines Pavement Technologies | 178.40 | 14.7 | 396 | 0.00 | 4 | 15.06 | 76 | 4.33 | 18.6 | 13.8 | 1.94 | 16.2 | 0.43 | 70.24 | 348 | 9.2 |
| 2. | IRB Infrastructure Developers | 17.62 | 22.3 | 21,281 | 1.14 | 306 | 51.26 | 1,701 | -8.86 | 5.8 | 4.2 | 1.00 | 27.6 | 0.96 | 68.00 | 6,252 | -0.4 |
| 3. | LCC PROJECTS | 135.84 | 14.6 | 3,935 | 0.00 | 66 | — | 803 | — | 45.2 | 38.0 | 4.16 | 12.1 | 0.97 | 89.90 | 3,587 | 43.1 |
| Median: 3 Co. | 135.84 | 14.7 | 3,935 | 0.00 | 66 | 33.16 | 803 | -2.27 | 18.6 | 13.8 | 1.94 | 16.2 | 0.96 | 70.24 | 3,587 | 9.2 |
Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.
Quarterly Results
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Projection — your assumptions
Starts from the last four reported quarters (TTM) and applies the figures you enter; growth is pre-filled with the company's own past sales growth. This is a what-if calculator for illustration, not a forecast, estimate or recommendation.
Related party transactions
Related-party transactions are dealings with promoters, directors, subsidiaries and associates. Companies disclose them to the exchanges every half-year and in detail in the notes to their annual report.
No separate related-party filing among the recent announcements of the company.
Full details: notes to the Financial Year 2026 annual report (related party disclosures).
| ₹ Cr | Mar 2026 | TTM |
|---|---|---|
| Sales | 348 | 424 |
| 308 | 376 | |
| Material Cost % | 23% | 25% |
| Employee Cost % | 5% | 5% |
| Other Expenses % | 61% | 59% |
| Operating Profit | 40 | 48 |
| OPM % | 12% | 11% |
| 8 | 9 | |
| Exceptional items | -0 | -0 |
| Interest | 6 | 8 |
| Depreciation | 7 | 9 |
| Profit before tax | 34 | 40 |
| 25% | 25% | |
| Current tax | 9 | |
| Deferred tax | -1 | |
| 26 | 30 | |
| Profit from associates | 1 | 0 |
| EPS in Rs | 11.90 | 13.86 |
Compounded Sales Growth
- TTM:
- 1%
Compounded Profit Growth
- TTM:
- 2%
Stock Price CAGR
- 1 Year:
- 5%
Return on Equity
- 4 Years:
- 17%
- Last Year:
- 14%
| ₹ Cr | Mar 2026 | TTM |
|---|---|---|
| Sales | 324 | 385 |
| 283 | 338 | |
| Material Cost % | 24% | 27% |
| Employee Cost % | 6% | 6% |
| Other Expenses % | 57% | 55% |
| Operating Profit | 41 | 47 |
| OPM % | 13% | 12% |
| 8 | 10 | |
| Exceptional items | -0 | -0 |
| Interest | 6 | 8 |
| Depreciation | 7 | 9 |
| Profit before tax | 35 | 41 |
| 25% | 17% | |
| Current tax | 9 | |
| Deferred tax | -1 | |
| Net Profit | 26 | 34 |
| EPS in Rs | 11.90 | 13.86 |
| Dividend Payout % | 13% |
Compounded Sales Growth
- TTM:
- -3%
Compounded Profit Growth
- TTM:
- 2%
Stock Price CAGR
- 1 Year:
- 5%
Return on Equity
- 4 Years:
- 17%
- Last Year:
- 14%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 19 | 19 | 22 | 22 |
| Reserves | 67 | 83 | 155 | 180 |
| 31 | 59 | 63 | 86 | |
| Long term borrowings | 15 | 20 | 19 | 10 |
| Short term borrowings | 16 | 38 | 44 | 76 |
| 72 | 80 | 76 | 50 | |
| Trade payables | 35 | 57 | 48 | 28 |
| Current liabilities | 86 | 118 | 120 | 126 |
| Total Liabilities | 188 | 240 | 316 | 339 |
| 21 | 29 | 31 | 33 | |
| Gross block | 34 | 47 | 57 | 64 |
| Accumulated depreciation | 14 | 18 | 25 | 31 |
| Goodwill & intangibles | 0 | 1 | 1 | 1 |
| CWIP | 5 | |||
| 167 | 211 | 284 | 301 | |
| Inventories | 24 | 23 | 8 | 8 |
| Trade receivables | 76 | 121 | 184 | 145 |
| Cash & equivalents | 0 | 0 | 1 | 2 |
| Current assets | 157 | 199 | 263 | 227 |
| Total Assets | 188 | 240 | 316 | 339 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 20 | 2 | -16 | 6 | |
| Profit for the year | 16 | 17 | 23 | 26 |
| Working capital changes | -7 | -30 | -50 | -29 |
| Direct taxes paid | -0 | -8 | -9 | |
| -22 | -23 | -33 | -21 | |
| Fixed assets purchased | -15 | -14 | -10 | -5 |
| Fixed assets sold | 1 | 0 | 0 | |
| 1 | 21 | 50 | 16 | |
| Interest paid | -3 | -5 | -7 | -6 |
| Dividends paid | -1 | -2 | -3 | |
| Net Cash Flow | -1 | 0 | 0 | 1 |
| Free Cash Flow | 5 | -11 | -26 | 1 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROE | — | 18.3% | 18.4% | 16.3% | 13.8% |
| ROCE | — | 24.7% | 24.1% | 19.7% | 18.6% |
| Operating margin | — | 9.6% | 8.1% | 11.2% | 16.2% |
| Net margin | — | 5.9% | 5.2% | 7.4% | 7.5% |
| Debt / equity | — | 0.36 | 0.58 | 0.36 | 0.43 |
| Current ratio | — | 1.84 | 1.69 | 2.20 | 1.80 |
| Debtor days | — | 104 | 132 | 219 | 152 |
| Inventory days | — | 271 | 76 | 26 | 37 |
| Days payable | — | 408 | 188 | 157 | 131 |
| Cash conversion cycle | — | -33 | 20 | 88 | 58 |
| Working capital days | — | 98 | 89 | 171 | 106 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.
Shareholding Pattern
Numbers in percentages · as filed with NSE each quarter
- Promoters 54.60%
- DIIs 0.03%
- Public 45.37%
| % | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|
| Promoters | 55.00% | 55.00% | 54.60% | 55.00% | 54.60% |
| 0.18% | 0.18% | 0.18% | 0.59% | ||
| Foreign portfolio investors (Cat. I) | 0.18% | 0.18% | 0.18% | 0.21% | |
| Foreign portfolio investors (Cat. II) | 0.38% | ||||
| 0.11% | 0.11% | 0.10% | 0.03% | ||
| Alternative investment funds | 0.11% | 0.11% | 0.10% | 0.03% | |
| 44.82% | 44.70% | 45.11% | 44.30% | 45.37% | |
| Retail (up to ₹2 lakh) | 18.32% | 17.34% | 16.26% | 16.48% | 13.33% |
| HNIs (above ₹2 lakh) | 13.23% | 13.66% | 15.55% | 13.15% | 11.98% |
| NRIs | 0.68% | 0.73% | 0.76% | 0.73% | 0.45% |
| Bodies corporate | 9.89% | 10.06% | 8.71% | 9.04% | 13.79% |
| No. of Shareholders | 6,747 | 6,609 | 6,914 | 7,743 | 6,653 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Documents
Announcements
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Markolines Pavement Technologies Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 201806-Oct-2026
- Shareholders meetingMarkolines Pavement Technologies Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 29, 2026. Further, the company has inform…30-Sep-2026
- Shareholders meetingMarkolines Pavement Technologies Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 29, 202629-Sep-2026
- Trading WindowMarkolines Pavement Technologies Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201525-Sep-2026
- Copy of Newspaper PublicationMarkolines Pavement Technologies Limited has informed the Exchange about Copy of Newspaper Publication07-Sep-2026
- Shareholders meetingMarkolines Pavement Technologies Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 202607-Sep-2026
- AppointmentMarkolines Pavement Technologies Limited has informed the Exchange regarding Re-appointment of Mr. Sanjay Bhanudas Patil as Managing Director of the company w.e.f. August 27, 2026.27-Aug-2026
- Outcome of Board MeetingMarkolines Pavement Technologies Limited has informed the Exchange regarding Outcome of Board Meeting held on August 27, 2026.27-Aug-2026
- Amalgamation/MergerMarkolines Pavement Technologies Limited has informed the Exchange about receipt of observation letter with no adverse objection from BSE Limited and NSE Limited18-Aug-2026
- Press ReleaseMarkolines Pavement Technologies Limited has informed the Exchange regarding a press release dated August 15, 2026, titled "Press Release for unaudited financial results for the q…15-Aug-2026
- AppointmentMarkolines Pavement Technologies Limited has informed the Exchange regarding Reappointment of Mrs. Anjali Sapkal as Non- Executive Independent Director of the company w.e.f. Augus…14-Aug-2026
- AppointmentMarkolines Pavement Technologies Limited has informed the Exchange regarding Appointment of Mr. Rahul Ramkrishna Modak as Non- Executive Independent Director of the company w.e.f.…14-Aug-2026
Annual reports
Credit ratings
Concalls & investor meets
- Investor PresentationMarkolines Pavement Technologies Limited has informed the Exchange about Investor Presentation19-Aug-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesMarkolines Pavement Technologies Limited informed the esteemed exchange about the transcript of Post Earnings Conference Call for the Quarter and Year Ended March 31, 2026 held wi…02-Jun-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesMarkolines Pavement Technologies Limited has informed the Exchange about Link of Recording29-May-2026
- Investor PresentationMarkolines Pavement Technologies Limited has informed the Exchange about Investor Presentation29-May-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesMarkolines Pavement Technologies Limited has informed the Exchange about Schedule of meet25-May-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesMarkolines Pavement Technologies Limited has informed the Exchange about Transcript16-Mar-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesMarkolines Pavement Technologies Limited has informed the Exchange about Schedule of meet08-Mar-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesMarkolines Pavement Technologies Limited has informed the Exchange about Transcript20-Nov-2025
- Analysts/Institutional Investor Meet/Con. Call UpdatesMarkolines Pavement Technologies Limited has informed the Exchange about Link of Recording of earning call held with investors on 18th November, 2025, for discussing the unaudited…18-Nov-2025
- General UpdatesMarkolines Pavement Technologies Limited has informed the Exchange about General Updates pertaining to investors' presentation on unaudited financial results for the quarter ended…17-Nov-2025
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 1 Jan 1970
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Latest news
In the news
No recent coverage found.
From the company (NSE)
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Markolines Pavement Technologies Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018NSE filing · 06-Oct-2026
- Shareholders meetingMarkolines Pavement Technologies Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 29, 2026. Further, the company has inform…NSE filing · 30-Sep-2026
- Shareholders meetingMarkolines Pavement Technologies Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 29, 2026NSE filing · 29-Sep-2026
- Trading WindowMarkolines Pavement Technologies Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015NSE filing · 25-Sep-2026
- Copy of Newspaper PublicationMarkolines Pavement Technologies Limited has informed the Exchange about Copy of Newspaper PublicationNSE filing · 07-Sep-2026
- Shareholders meetingMarkolines Pavement Technologies Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 2026NSE filing · 07-Sep-2026
- AppointmentMarkolines Pavement Technologies Limited has informed the Exchange regarding Re-appointment of Mr. Sanjay Bhanudas Patil as Managing Director of the company w.e.f. August 27, 2026.NSE filing · 27-Aug-2026
- Outcome of Board MeetingMarkolines Pavement Technologies Limited has informed the Exchange regarding Outcome of Board Meeting held on August 27, 2026.NSE filing · 27-Aug-2026
Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.
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