Mumbai: Markolines Pavement Technologies Limited, a leading provider of integrated highway maintenance solutions, is pleased to announce the receipt of a ₹100 crore order from Trans Metalite India Limited for patch repair works in the state of Andhra Pradesh. This significant contract further strengthens the Company’s robust order book, which now exceeds ₹400 crore as of July 31, 2025. The Company has received the formal Letter of Acceptance from Trans Metalite India Limited for the execution of the project over a five-year period. This award underscores the continued confidence and trust placed in Markolines by its esteemed clientele.
In addition to this major contract, during the current fiscal year (FY 2025–26), the Company has secured multiple orders aggregating approximately ₹97.47 crore. These include two repeat orders from Varanasi Aurangabad NH-2 Tollway Private Limited, reaffirming the Company’s reputation for consistent performance and client satisfaction.
Sanjay Patil, Founder, Chairman & Managing Director, stated: “India’s infrastructure sector is experiencing robust growth, driven by sustained government initiatives. This momentum has positively impacted our business, reflected in the steady expansion of our order book. As a provider of innovative and customized highway maintenance solutions, we remain committed to delivering excellence. The strength of our current order pipeline is a testament to the trust our clients place in us, and we anticipate further growth in alignment with the nation’s infrastructure development.”
Vijay Oswal, Founder & Chief Financial Officer, added: “Our expanding order book offers strong revenue visibility and is expected to contribute positively to our financial performance in the forthcoming quarters. We remain focused on executing large-scale, high-value projects, leveraging our specialized capabilities and robust pre-qualifications. This strategic focus is expected to enhance our margins and drive long-term value creation.”
Financial Performance
For the quarter ended June 30, 2025 (Q1 FY26), the Company reported a year-on-year increase of 119.4% in profit after tax, reaching ₹3.79 crore. Operating income rose by 44.4% year-on-year to ₹72.72 crore, with EBITDA margins standing at 10.3%. The Company anticipates that its unexecuted order book of ₹400+ crore will translate into revenues over the next 12 to 24 months.
About Markolines Pavement Technologies Limited
Founded in 2002 and headquartered in Mumbai, Markolines Pavement Technologies Limited is one of India’s foremost highway operations and maintenance (O&M) and specialized infrastructure solution providers. The Company offers a comprehensive suite of services, including preventive maintenance, micro-surfacing, cold in-place recycling, and other advanced pavement technologies. With a proven track record of executing over 4,930 lane kilometres of highway maintenance across multiple states, Markolines is recognized for its pioneering techniques and commitment to quality.
As of July 31, 2025, the Company’s unexecuted order book stands at ₹400+ crore, reflecting strong business momentum and client confidence. Markolines recently migrated to the BSE Mainboard platform, effective June 12, 2025, and has submitted its application for listing on the NSE Mainboard as of August 9, 2025. Furthermore, the Board has approved the merger of Markolines Infra Limited with and into Markolines Pavement Technologies Limited, subject to regulatory approvals. Upon completion, the merger is expected to position Markolines as the largest entity in India’s highway O&M sector. With a pan-India presence and a dedicated team, Markolines remains steadfast in its mission to deliver sustainable, safe, and high-quality road infrastructure solutions.
