Markolines Pavement Technologies Ltd receives Rs.3.51 crores order from NCC Limited for earth piling works at Malad in Mumbai

Markolines Pavement Technologies Limited (BSE: 543364), an integrated highway maintenance solution provider, has secured a Rs.3.51 crore order (inclusive of GST) from NCC Limited (formerly Nagarjuna Construction Company Limited) for earth piling works to be completed at Malad in Mumbai. The total unexecuted order book of the Company currently stands at over Rs. 400+ crores.

The Company had recently secured a Rs.100 crore order from Trans Metalite India Limited for patch repair works in Andhra Pradesh. In addition, the company had received multiple orders totalling nearly Rs.97.47 crores, which include two repeat orders from Varanasi Aurangabad NH-2 Tollway Private Limited during the current financial year (2025-26).

Commenting on the development, Mr. Sanjay Patil, Founder, Chairman & Managing Director of Markolines Pavement Technologies Limited, said, "India's infrastructure sector is on the cusp of a major transformation backed by unprecedented government investment. The robust growth momentum in the sector is giving us the necessary tailwinds and we have seen a 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."

For Q1FY26 ended 30th June, 2025, the Company reported a 119.4% Y-o-Y rise in profit after tax to Rs.3.79 crores, alongside a 44.4% Y-o-Y growth in operating income to Rs.72.72 crores. The EBIDTA margins stood at 10.3% Y-o-Y. The Company expects its current unexecuted order book of Rs.400+ crores to translate into revenues over the next 12-24 months."

Shares of Markolines Pavement Technologies Limited was last trading in BSE at Rs. 170.80 as compared to the previous close of Rs. 167.05. The total number of shares traded during the day was 210666 in over 1247 trades.

The stock hit an intraday high of Rs. 172.45 and intraday low of 168.00. The net turnover during the day was Rs. 36079598.00.

Source : Equity Bulls

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