BSECompany Update1d ago · 15 Aug 2026, 11:47 am
Markolines Pavement Technologies Limited informed the esteemed exchange about press release about Q1 FY 2027 Financial Results-June 2026.
Markolines Pavement Technologies Ltd · 543364
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Markolines Pavement Technologies Ltd announced its unaudited financial results for Q1 FY 2027, reporting revenue from operations of Rs. 75.86 crore, EBITDA of Rs. 9.18 crore, and PAT of Rs. 4.36 crore, with growth of 4.33%, 8.68%, and 15.06% YoY respectively.
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Markolines Pavement Technologies Ltd - 543364 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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15th August, 2026
To, To,
BSE Limited National Stock Exchange of India
P. J. Towers, Dalal Street, Limited
Fort, Mumbai – 400001. Exchange Plaza, C-1, Block G,
Bandra Kurla Complex,
Bandra (E), Mumbai – 400051.
Kind attention: Department of Corporate Kind attention: Listing Dept.
Services.
BSE Scrip ID: 543364, NSE Symbol: MARKOLINES
BSE Script Code: MARKOLINES
Subject: General disclosure of Press Release for unaudited financial results for the
quarter ended 30th June 2026
Dear Sir / Madam,
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements), Regulations, 2015, we enclose herewith the Press Release of the Company
for the unaudited financial results for the quarter ended 30th June 2026.
You are requested to take the above information on record.
For Markolines Pavement Technologies Limited
Sanjay Patil
Chairman & Managing Director
DIN: 00229052
Registered Office: 502, Wing-A, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai 400614 Maharashtra, India
Corporate Office: 6th Floor, Wing-A, Shree Nand Dham, Sector 11, CBD Belapur, Navi Mumbai 400614 Maharashtra, India
+91 22 6266 1111 Info@markolines.com www.markolines.com
CIN: L99999MH2002PLC156371 (Formerly Markolines Traffic Controls Ltd.)
I n v e s t o r R e l e a s e
Markolines Pavement Technologies Reports Growth in EBITDA and PAT Growth of 9%
and 15% in Q1FY27 Driven by Operational Efficiencies
Key Financial Highlights (Q1FY27)
REVENUE FROM EBITDA PAT
OPERATIONS
Rs. 9.18 crore Rs. 4.36 crore
Rs. 75.86 crore
+8.68% YoY +15.06% YoY
+4.33% YoY
Mumbai, 15 Augus t 2026: Markolines Pavement Techno logies Ltd. (BSE: 543364, NSE: MAR KOLINES),
a leading highway op erations and maintenance (O&M) and specialised infrastructure solutions company,
a nnounced its unaudited financial results for the quart er ended June 30, 2026.
Fina ncial Highlights (Consolidated)
Particulars (Rs. crore) * Q1FY27 Q1FY26 YoY% FY26
Revenue from Operations 75.86 72.72 4.33% 348.49
EBITDA 9.18 8.44 8.68% 48.54
PBT 5.57 5.31 5.02% 34.93
PAT 4.36 3.79 15.06% 26.23
* Consolidated financials. Financial Figures & percentages have been rounded and reorganized for efficient presentation and understanding
Mr. Sanjay Patil, Founder, Chairman & Managing Director of Markolines Pavement Technologies
Limited said, “Looking ahead, we remain confident of creating long-term sustainable value, supported
by a robust order book of over Rs. 550 crore, strong execution capabilities and a technology driven
approach basis the Government's sustained focus on infrastructure development.
Our strategic diversification beyond highways is progressing well, with successful order wins across
adjacent infrastructure segments. During the quarter, we also announced our entry into the Marine
Infrastructure Construction & Maintenance segment, leveraging our engineering, construction and asset
management capabilities to capitalize on emerging opportunities in ports and marine infrastructure.
Backed by a robust project pipeline, strong execution capabilities and our continued focus on
technology-led solutions such as Micro Surfacing, Cold In-Place Recycling (CIPR) and Full Depth
Reclamation (FDR), we remain well-positioned to capitalize on the growing opportunities in India's road
infrastructure sector and sustain our growth momentum.”
Mr. Vijay Oswal, Founder & Chief Financial Officer of Markolines Pavement Technologies Limited
said, “Our performance during the first quarter reflects the continued strength of our execution
capabilities and the resilience of our specialised infrastructure business. We remain focused on timely
execution of projects, operational efficiency and disciplined cost management while maintaining healthy
profitability.
The Company started FY27 on a positive note, reporting revenue from operations of Rs. 75.86 crore in
Q1FY27 as against Rs. 72.72 crore in Q1FY26, registering a growth of 4.33% YoY. EBITDA came at Rs.
9.18 crore up by 8.68% YoY while PAT for Q1FY27 stood at Rs. 4.36 crore reporting a strong growth
of 15.06% YoY. The operational efficiencies aided 49 bps expansion in the EBITDA margin on YoY basis.
The Company's unexecuted order book remains robust at Rs. 550+ crore and provides healthy revenue
Q4FY26 Earnings Update Markolines Pavement Technologies Limited
visibility for the next18 months. The Company continues to witness strong opportunities across highway
maintenance, specialized construction and rehabilitation projects, supported by a healthy project pipeline
and consistent execution across its project portfolio. We are also evaluating opportunities in the Marine
Infrastructure Construction & Maintenance segment and remain optimistic about securing initial orders
in the near term, further strengthening our diversification into adjacent infrastructure sectors.
Our technology-driven strong execution capabilities and strict financial discipline position us well to
create sustainable long-term value and capitalize on India's infrastructure growth story.”
Key Developments:
• Unexecuted order book of Rs. 550+ crore as of 30th June 2026.
• The Company is also progressing with the amalgamation of its group company, Markolines Infra
Limited, and has submitted the scheme to the stock exchanges, provided the required
clarifications, and appointed Sobhagya Capital Options as the Merchant Banker.
• Received NSE & BSE approval for listing and trading of 1,62,800 equity shares pursuant to
warrant conversion.
• Looking forward to expanding into the Marine Infrastructure Construction & Maintenance segment
by evaluating opportunities in jetty construction and repair & maintenance for marine facilities.
About Markolines Pavement Technologies Limited
Established in 2002, Markolines Pavement Technologies Limited (Markolines) is one of India’s leading
highway operations and maintenance (O&M) and specialized infrastructure solution providers. Markolines
is the only listed company operating in this segment. With a strong focus on innovation and execution
excellence, the company offers the most comprehensive suite of services in highway maintenance –
spanning from Major Maintenance & Repairs (MMR), Rigid Pavement (concrete road) Maintenance,
specialised maintenance services and specialised construction activities. From reintroducing and reviving
micro-surfacing in India, to bringing Cold In-Place Recycling (CIPR), Full Depth Reclamation (FDR),
techniques into the mainstream, the company has consistently been at the forefront of technologies
innovation. Headquartered in Navi Mumbai, Markolines has successfully executed over 5,670 lane
kilometers of highway maintenance work across multiple states in India. The Company is recognized for
several pioneering maintenance techniques in the Indian road maintenance sector and is leveraging its
engineering expertise and specialized skill set to expand into other infrastructure segments such as
Marine Infrastructure and Sports Infrastructure.
Markolines migrated to the BSE Mainboard and began trading its securities on June 12, 2025. Building
on this progress, the Company has achieved another significant milestone with its listing on the NSE
Mainboard in October 2025, enhancing market visibility, improving liquidity, and broadening access for
a wider base of investors.
The Company has resubmitted the merger application with BSE and NSE in the month of March 2026.
After the requisite regulatory and statutory approvals merger process will be pursued as per the
compliance timelines. With a pan-India presence and a dedicated team of professionals, Markolines
remains committed to enhancing the quality, safety and sustainability of India’s road infrastructure.
For Media Queries Deepali Shah 90295 57708 deepali@fortunapr.com
For IR Queries Rajshree Ganguly 98338 07235 rajshree@fortunapr.com
Q4FY26 Earnings Update Markolines Pavement Technologies Limited
Disclaimer:
This document includes certain forward-looking statements which are tentative, based on current exp
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