Markolines Pavement Technologies Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Efficient capital deployment (ROCE 15.4%)
- Attractively valued vs sector (P/E 14.2x vs industry 25.6x)
- Low debt relative to equity (D/E 0.4x)
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| LT Larsen & Toubro Limited | ₹3,964 | ₹5.5L Cr | 31 | 4.99 | 15.9 | 14.6 | 1.32 |
| RVNL Rail Vikas Nigam Limited | ₹212 | ₹44K Cr | 49.2 | 4.51 | 9.02 | 10.8 | 0.52 |
| KPIL Kalpataru Projects International Limited | ₹1,384 −0.32% | ₹24K Cr | 21.6 | 3.04 | 13.7 | 18.3 | 0.69 |
| IRB IRB Infrastructure Developers Limited | ₹19 −0.53% | ₹24K Cr | 24.1 | 1.22 | 4.29 | 7.47 | 0.96 |
| NBCC NBCC (India) Limited | ₹87 | ₹23K Cr | 34.2 | 7.73 | 20.4 | 29.3 | 0 |
| CEMPRO Cemindia Projects Limited | ₹1,280 +1.47% | ₹22K Cr | 37 | 7.46 | 27.8 | 32.8 | 0.38 |
| CMPDI Central Mine Planning & Design Institute Limited | ₹233 −1.91% | ₹17K Cr | 26.1 | — | 32.7 | — | 0 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MARKOLINES · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 72.20% | 71.32% | 71.32% | 71.32% | 61.21% | 58.14% |
| FII | — | — | — | 0.21% | 0.18% | 0.18% |
| DII | 1.82% | 1.82% | 1.82% | 0.67% | — | — |
| Public | 25.98% | 26.86% | 26.86% | 27.80% | 38.60% | 41.67% |
Corporate Events
MARKOLINES : 26-May-2026 : The Company has informed the Exchange that a Board meeting to be held on May 26, 2026 to consider and approve the financial results for the period ended March 31, 2026
To consider and approve the financial results for the period ended March 31, 2026
Latest News
All newsMarkolines Pavement Technologies announces board meeting outcome
*Markolines Pavement Technologies announces board meeting outcome.* The company disclosed the outcome of its August 27, 2026, board meeting via an NSE filing. No major financial figures or strategic decisions were highlighted in the brief update. The announcement appears to be a routine procedural disclosure. 📊 *STOCKS:* $MARKTECH | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #BoardMeeting
Markolines explores marine infrastructure opportunities
Markolines Pavement Technologies plans to enter the marine infrastructure construction and maintenance sector. This strategic move aims to diversify its business beyond pavement tech. While no financial details or timelines were disclosed, the shift could open new revenue streams. Investors may watch for future updates on execution. 📊 *STOCKS:* MARKOPAV | 🏢 *SECTOR:* Corporate | #LOWIMPACT #MarineInfrastructure
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹105 Cr 12.9% | ₹93 Cr 19.2% | ₹78 Cr 6.8% | ₹73 Cr 40.2% | ₹122 Cr 52.5% | ₹80 Cr 42.9% | ₹56 Cr 12.0% | ₹50 Cr |
| Op. Profit | ₹16 Cr 60.0% | ₹10 Cr 42.9% | ₹7 Cr 0.0% | ₹7 Cr 65.0% | ₹20 Cr 150.0% | ₹8 Cr 33.3% | ₹6 Cr 20.0% | ₹5 Cr |
| OPM | 15.0% 36.4% | 11.0% 22.2% | 9.0% 0.0% | 9.0% 43.8% | 16.0% 77.8% | 9.0% 18.2% | 11.0% 10.0% | 10.0% |
| Net Profit | ₹11 Cr 57.1% | ₹7 Cr 75.0% | ₹4 Cr 0.0% | ₹4 Cr 66.7% | ₹12 Cr 100.0% | ₹6 Cr 200.0% | ₹2 Cr 0.0% | ₹2 Cr |
| EPS (₹) | 5.12 61.0% | 3.18 71.9% | 1.85 7.6% | 1.72 69.2% | 5.59 95.5% | 2.86 160.0% | 1.1 41.0% | 0.78 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Revenue | ₹348 Cr 13.7% | ₹306 Cr 11.8% | ₹347 Cr 11.2% | ₹312 Cr 66.8% | ₹187 Cr |
| Expenses | ₹308 Cr 14.9% | ₹268 Cr 15.2% | ₹316 Cr 11.3% | ₹284 Cr 73.2% | ₹164 Cr |
| Op. Profit | ₹40 Cr 5.3% | ₹38 Cr 18.8% | ₹32 Cr 14.3% | ₹28 Cr 21.7% | ₹23 Cr |
| OPM | 12.0% 0.0% | 12.0% 33.3% | 9.0% 0.0% | 9.0% 25.0% | 12.0% |
| Other Income | ₹7 Cr 40.0% | ₹5 Cr 66.7% | ₹3 Cr | ₹0 Cr | ₹0 Cr |
| Interest | ₹6 Cr 14.3% | ₹7 Cr 40.0% | ₹5 Cr 66.7% | ₹3 Cr 50.0% | ₹6 Cr |
| Depreciation | ₹7 Cr 0.0% | ₹7 Cr 40.0% | ₹5 Cr 150.0% | ₹2 Cr 33.3% | ₹3 Cr |
| PBT | ₹34 Cr 17.2% | ₹29 Cr 16.0% | ₹25 Cr 13.6% | ₹22 Cr 46.7% | ₹15 Cr |
| Tax % | 25.0% 0.0% | 25.0% 21.9% | 32.0% 6.7% | 30.0% 3.2% | 31.0% |
| Net Profit | ₹26 Cr 13.0% | ₹23 Cr 35.3% | ₹17 Cr 6.3% | ₹16 Cr 60.0% | ₹10 Cr |
| EPS (₹) | 11.81 15.2% | 10.25 30.9% | 7.83 9.8% | 7.13 56.0% | 4.57 |
| Div Payout | 0.0% 100.0% | 15.0% 36.4% | 11.0% 37.5% | 8.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Liabilities | ||||||
| Equity Capital | ₹22 Cr 0.0% | ₹22 Cr 0.0% | ₹22 Cr 15.8% | ₹19 Cr 0.0% | ₹19 Cr 0.0% | ₹19 Cr |
| Reserves | ₹180 Cr 12.5% | ₹160 Cr 3.2% | ₹155 Cr 86.7% | ₹83 Cr 23.9% | ₹67 Cr 28.8% | ₹52 Cr |
| Borrowings | ₹86 Cr 65.4% | ₹52 Cr 17.5% | ₹63 Cr 6.8% | ₹59 Cr 90.3% | ₹31 Cr 14.8% | ₹27 Cr |
| Other Liabilities | ₹50 Cr 10.7% | ₹56 Cr 26.3% | ₹76 Cr 5.0% | ₹80 Cr 11.1% | ₹72 Cr 89.5% | ₹38 Cr |
| Total Liabilities | ₹339 Cr 16.9% | ₹290 Cr 8.2% | ₹316 Cr 31.7% | ₹240 Cr 27.7% | ₹188 Cr 38.2% | ₹136 Cr |
Assets | ||||||
| Fixed Assets | ₹31 Cr 44.6% | ₹56 Cr 75.0% | ₹32 Cr 10.3% | ₹29 Cr 38.1% | ₹21 Cr 133.3% | ₹9 Cr |
| CWIP | ₹0 Cr 100.0% | ₹1 Cr 0.0% | ₹1 Cr 0.0% | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹33 Cr | ₹0 Cr 100.0% | ₹19 Cr 90.0% | ₹10 Cr 25.0% | ₹8 Cr | ₹0 Cr |
| Other Assets | ₹274 Cr 17.6% | ₹233 Cr 11.7% | ₹264 Cr 32.0% | ₹200 Cr 26.6% | ₹158 Cr 24.4% | ₹127 Cr |
| Total Assets | ₹339 Cr 16.9% | ₹290 Cr 8.2% | ₹316 Cr 31.7% | ₹240 Cr 27.7% | ₹188 Cr 38.2% | ₹136 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Operating CF | ₹6 Cr 116.7% | ₹-36 Cr 1900.0% | ₹2 Cr 90.0% | ₹20 Cr | — |
| Investing CF | ₹-21 Cr 50.0% | ₹-14 Cr 39.1% | ₹-23 Cr 4.5% | ₹-22 Cr | — |
| Financing CF | ₹16 Cr 68.0% | ₹50 Cr 138.1% | ₹21 Cr 2000.0% | ₹1 Cr | — |
| Net Cash Flow | ₹1 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹-1 Cr | — |
| Free Cash Flow | ₹1 Cr 102.2% | ₹-46 Cr 318.2% | ₹-11 Cr 283.3% | ₹6 Cr | — |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Debtor Days | 150d 31.5% | 219d 72.4% | 127d 42.7% | 89d 21.9% | 114d |
| Inventory Days | 37d 42.3% | 26d 65.8% | 76d 72.0% | 271d 83.1% | 148d |
| Days Payable | 131d 16.6% | 157d 16.5% | 188d 53.9% | 408d 270.9% | 110d |
| Cash Conv. Cycle | 56d 36.4% | 88d 486.7% | 15d 131.3% | -48d 131.6% | 152d |
| Working Capital Days | 88d 42.9% | 154d 123.2% | 69d 17.9% | 84d 38.2% | 136d |
| ROCE | 15.0% 16.7% | 18.0% 18.2% | 22.0% 8.3% | 24.0% | — |
Source: Screener.in · Lower days = better efficiency