Mumbai: Markolines Pavement Technologies Limited (BSE: 543364), a company involved in highway maintenance services, has announced the receipt of a Rs.100 crore order from Trans Metalite India Limited for patch repair works in Andhra Pradesh. According to a statement to the bourses, the company has received a Letter of Acceptance from Trans Metalite India, which has a 5-year project duration.
In addition to this order, the company has received multiple orders worth Rs.97.47 crore this fiscal year, including two repeat orders from Varanasi Aurangabad NH-2 Tollway Private Limited. Overall, the company has an order book worth more than Rs.400 crores up to July 31, 2025.
“India’s infrastructure sector is witnessing strong momentum backed by government thrust, and this has augured well for us with steady growth in our order book. As an integrated highway maintenance solutions company, we focus on innovative, customised services for our clients. The strength of our current order book is a reflection of the faith our clients have in us, and we expect it to expand further with the continued infrastructure push.” Mr. Sanjay Patel, Founder, Chairman & Managing Director of Markolines Pavement Technologies Limited, said.
For Q1FY26, the company has reported a PAT of Rs.3.79 crore, a 119.4% YoY rise corresponding to a 44% YoY rise in operating income to Rs.72.72 crore. The unexecuted orders worth Rs.400+ crore is expected to translate into revenues in the next 12-24 months.
Markolines has been known to execute its projects with technology-driven services. Within fifteen years, the company has used this to transition from a single-product company to a multi-product company, with an aspiration to pioneer transformation in the Highway Maintenance niche.
Following the announcement, Markolines’ shares were down 3.63% in early trading sessions on August 27. Despite this, the company has been on the radar of investors, especially as its shares have risen 5% in one year, and more than 150% since the company listed in 2021. With healthy financials and a strong order book, this one is expected to become a standout performer in the market.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.
