Markolines Pavement Technologies Limited · NSE:MARKOLINES
Markolines Pavement Technologies — Q1 FY2026 Earnings Presentation
45 slides from Markolines Pavement Technologies's earnings presentation, Aug 25, 2025
Slide 1: Cover letter to BSE on investor presentation
25th August, 2025 To, BSE Limited P. J. Tower, Dalal Street, Fort, Mumbai – 400001. Kind attention: Department of Corporate Services. Subject: Investors' Presentation on Unaudited Financial Results for the quarter year ended 30th June, 2025 Scrip Code: 543364 and ISIN: INE0FW001016 Dear Sir / Madam,
Slide 2: Investor Presentation Q1FY2026
Markolines Pavement Technologies Limited Investor Presentation Q1FY2026 PAVING THE PATH TOWARDS AN INNOVATIVE FUTURE
Slide 3: Table of Contents
03 Management Discussion 07 Leadership 10 Building on Our Legacy 15 Business Verticals 29 Growth Strategy 22 Our Projects & Clienteles 25 Industry Overview 38 Q1FY26 Summery 29 Financial Highlights 38 Shareholding Pattern TABLE OF CONTENTS
Slide 4: Management Commentary
MANAGEMENT COMMENTARY Dear Shareholders, At the outset, I would like to extend my sincere gratitude to each of you for your continued trust and support. Your confidence has been the driving force behind our journey, enabling us to achieve new milestones and build a stronger foundation for the future
Slide 5: Q1 FY26 Highlights
Q1 FY26 HIGHLIGHTS Markolines Q1FY26 PAT soars 119% YoY to Rs. 3.79 crore on 44% 1 revenue growth. Earnings per share rose to Rs. 1.72 from Rs. 0.90, marking an 2 impressive 91% year-on-year growth. Markolines Pavement Technologies Limited migrated from 3 BSE SME Platform to BSE Mainboard, effective
Slide 6: Corporate Actions Update
CORPORATE ACTIONS UPDATE APPLIED FOR NSE MAINBOARD LISTING 1 Application filed on 9th August 2025 with NSE, aimed at enhancing visibility, liquidity and investor access. MERGER STATUS UPDATE 2 Ongoing progress on the merger process with requisite regulatory and statutory approvals being pursued in l
Slide 7: Future Vision
FUTURE VISION Increasing top line by strategically growing the average ticket size of projects. Continuously catering to evolving Extending our proven skills and client needs and enhancing our capabilities to adjacent portfolio of services. Driving infrastructure sectors. Revenue Expanding Growth Le
Slide 8: Leadership
LEADERSHIP
Slide 9: Our Promoters
OUR PROMOTERS Mr. Sanjay B Patil Mr. Vijay R Oswal Founder, Chairman & Managing Director Founder & Chief Financial Officer A seasoned professional with over three A dynamic leader with over three decades of decades of experience in the road experience across infrastructure, finance, infrastructure s
Slide 10: Leadership Team
LEADERSHIP TEAM Mr. Praveen Panchal Mr. S P Nagarkar Mr. Anil Nikam Director Director - Technical Chief Executive Officer Mr. Panchal, with 30 years of A seasoned professional with over Mr. Anil Nikam, is an infrastructure experience in the Financial Services three decades of infrastructure professi
Slide 11: Building on Our Legacy
BUILDING ON OUR LEGACY 10
Slide 12: Markolines: At a Glance
MARKOLINES: AT A GLANCE 115.19 Lakhs Sqm of Micro 1 surfacing work in India 4,930 Lane KM 2 MMR Work in India ₹ 3 Rs. 400 Cr. unexecuted order Book as on 30 June 2025 4 1.37 Lakhs Cum FDR/ Soil Stabilization Work in India 5 197.52 Lane Kms Highest INVESTOR PRESENTATION CIPR Experience in India 11
Slide 13: Order Book Summary
ORDER BOOK SUMMARY MARKOLINES PAVEMENT TECHNOLOGIES LIMITED (In Rs. Crore) Segments Order Book as on 1st July 2025 Major Maintenance & Repairs (MMR) 111.75 Specialized Construction Segment 285.59 Total 397.34 Orders in pipeline 600+ INVESTOR PRESENTATION 12
Slide 14: About the Markolines
ABOUT THE MARKOLINES 1 Founded in 2002 with single Service: Road Strengthening & A must for handling the growing needs Marking Widening of of Indian economy Road Network 2 Transformed into India's Largest Maintenance Company in the highway With Government sector schemes such as HAM and TOT, the outs
Slide 15: Our Journey
OUR JOURNEY • Ventured in Cold In Place Recycling – CIPR and • Incorporated bagged first order. Mark-O-line Traffic • Successfully Executed first Controls Pvt. Ltd. airport maintenance project • Started of resurfacing @ Thermoplastic Ahmedabad Airport runway. Road Marking • Ventured into Highway Ope
Slide 16: Business Verticals
BUSINESS VERTICALS 1 2 3 INVESTOR PRESENTATION HIGHWAY SPECIALIZED SPECIALIZED MAINTENANCE MAINTENANCE CONSTRUCTION SERVICES SERVICES 15
Slide 17: Core Services (1)
CORE SERVICES(1) PREVENTIVE MAJOR MAINTENANCE & RIGID PAVEMENT MAINTENANCE REPAIRS (MMR) MAINTENANCE Proactive treatments to address early Involves removing one or more layers of Specialized maintenance for high-load road deterioration, preserving asset the existing road and replacing them cement co
Slide 18: Core Services (2)
CORE SERVICES(2) MICRO SURFACING COLD-IN-PLACE RECYCLING A fast, cost-effective surface A specialized road rehabilitation process treatment that extends road life that reuses existing asphalt on-site with using advanced microsurfacing and foamed bitumen/emulsion using in-house in-house tech backed b
Slide 19: Core Services (3)
CORE SERVICES(3) SOIL STABILISATION/ FDR TUNNELING Process of enhancing soil strength Construction of artificial underground and moisture resistance using passages through hills, mountains, or cement, lime or chemical additives. beneath the ground and water for enhanced connectivity, reduced Applica
Slide 20: Our Competitive Advantages
OUR COMPETITIVE ADVANTAGES Excellent Regional & cultural Paving the path towards innovative understanding future by introducing newest technologies in India Strict adherence to Focus on Health, Safety, Security & SOPs & Ethical practices Environment (HSSE) Customer Centric & Proactive Strong, Integr
Slide 21: Key Drivers
KEY DRIVERS MARKET LEADERSHIP FIRST MOVER ADVANTAGE Markolines enjoys the clear leadership in the Highway Maintenance A key growth driver for Markolines is its early adoption of emerging Segment. It is the only Company in India providing exclusive and technologies, leading to a market-leading positi
Slide 22: SWOT Analysis
SWOT ANALYSIS • Established expertise in road infrastructure and highway maintenance. • Strong portfolio of completed projects across national and state highways. • Skilled workforce with domain-specific knowledge and on-ground experience. • In-house capabilities for both routine and specialized mai
Slide 23: Our Projects
OUR PROJECTS INVESTOR PRESENTATION Founded in 2002 with single services: Road Marking, the company is today running several projects across the length and breadth of the country. 22
Slide 24: Our Clientele
OUR CLIENTELE Cube Highways and Transport Interise Trust Nxt-Infra Trust Tata Realty & Infrastructure Ltd. ROADIES Assets Advisors Pvt. Ltd. Highway Concessions One Pvt. Ltd. Safeway Concessions L&T Infrastructure Finance Maharashtra - State Infrastructure Mumbai Metropolitan Region Company Ltd. Dev
Slide 25: Appreciation & Awards
APPRECIATION & AWARDS Certificate of Appreciation for Certificate of Appreciation Certificate of Appreciation for Certificate of Appreciation for Incident- Zero – Lost Time Injuries by Zero- Incident by WATL Incident-free Project Execution by free Project Execution by ISTPL WUTPL UEPL INVESTOR PRESE
Slide 26: Industry Overview
INDUSTRY OVERVIEW
Slide 27: Industry Overview (India) 2024-25
INDUSTRY OVERVIEW (INDIA) 2024-25 NATIONAL HIGHWAY AVERAGE PACE OF INVESTMENT NETWORK NATIONAL HIGHWAY MONETIZATION India has witnessed a massive expansion in The average construction pace of national NHAI Completes Largest InvIT total NH Network Increased from 91,287 km in highways increased signif
Slide 28: Recent Cabinet Decisions
RECENT CABINET DECISIONS Approval for two key ropeway projects in Uttarakhand: a 12.4 km ropeway from Cabinet approval for a 166.8 km, 4-lane April 30, March 5, Govindghat to Hemkund Sahib Ji (Rs. Greenfield NH-06 from Shillong to Silchar, 2025 2025 2,730.13 crore) and a 12.9 km ropeway with a capit
Slide 29: Development and Maintenance of National Highways 1/2
DEVELOPMENT AND MAINTENANCE OF NATIONAL HIGHWAYS…1/2 Bharatmala Pariyojana was approved by Government of India covering a length of 34,800 km with an estimated cost of Rs. 5.35 lakh crore to improve connectivity and reduce logistics cost in the country. Projects covering a total length of 26,425 km
Slide 30: Development and Maintenance of National Highways 2/2
DEVELOPMENT AND MAINTENANCE OF NATIONAL HIGHWAYS …2/2 Total aggregate length of 26,425 km with a total capital cost of Rs. 8,53,656 crore has been approved and awarded till date under Bharatmala Pariyojana (including 6,758 km length of residual NHDP). No further projects are now being taken up under
Slide 31: Development of Expressways and Access Controlled Corridors 1/4
DEVELOPMENT OF EXPRESSWAYS AND ACCESS CONTROLLED CORRIDORS…1/4 MoRTH is developing 27 Greenfield corridors of 9,860 km length at a total capital cost of Rs. 4,22,851 crore. Ambala - Kotputli corridor has been opened to public traffic. Sections of Delhi- Mumbai Expressway (Delhi - Lalsot, Jhalawar (R
Slide 32: Development of Expressways and Access Controlled Corridors 2/4
DEVELOPMENT OF EXPRESSWAYS AND ACCESS CONTROLLED CORRIDORS…2/4 List of Access Controlled Corridors being developed by MoRTH Corridor Name Length (km) Total Capital Cost (Rs crore) Target Completion Year Ambala - Kotputli 313 11,375 Completed Amritsar - Bhatinda - Jamnagar 917 23,203 FY 25-26 Raipur
Slide 33: Development of Expressways and Access Controlled Corridors 3/4
DEVELOPMENT OF EXPRESSWAYS AND ACCESS CONTROLLED CORRIDORS…3/4 List of Access Controlled Corridors being developed by MoRTH Corridor Name Length (km) Total Capital Cost (Rs crore) Target Completion Year Solapur - Kurnool - Chennai 329 11,237 FY 25-26 Indore - Hyderabad 525 14,007 FY 24-25 Kharagpur
Slide 34: Development of Expressways and Access Controlled Corridors 4/4
DEVELOPMENT OF EXPRESSWAYS AND ACCESS CONTROLLED CORRIDORS…4/4 Cabinet Committee on Economic Affairs (CCEA) has conveyed approval for development, maintenance, and management of a 166.80 km 4-lane Greenfield access- controlled National Highway (NH-06) from Mawlyngkhung (near Shillong, Meghalaya) to
Slide 35: Q1FY26 & Annual Result Highlights
Q1FY26 & ANNUAL RESULT HIGHLIGHTS 34
Slide 36: Financial Highlights (Q1FY25 vs Q1FY26)
FINANCIAL HIGHLIGHTS (Q1FY25vsQ1FY26) (CONSOLIDATED*) Revenue (In Rs. Cr.) Profitability (In Rs. Cr.) Profitability (In %) EPS (In Rs.) 72.72 Q1FY26 Q1FY25 Q1FY26 Q1FY25 80 2 1.8 1.72 7.51 70 10.32% 10.83% 8.00 12.00% 1.6 60 50.36 7.00 1.4 10.00% 50 6.00 5.45 1.2 0.90 8.00% 5.00 3.79 40 1 4.00 6.00%
Slide 37: Financial Highlights (Q4FY25 vs Q1FY26)
FINANCIAL HIGHLIGHTS (Q4FY25vsQ1FY26) (CONSOLIDATED*) Revenue (In Rs. Cr.) Profitability (In Rs. Cr.) Profitability (In %) EPS (In Rs.) 140.00 Q1FY26 Q4FY25 Q1FY26 Q4FY25 6.00 5.49 121.51 18.01% 120.00 5.00 21.88 25.00 20.00% 18.00% 100.00 4.00 20.00 16.00% 80.00 72.72 14.00% 15.00 12.29 12.00% 10.3
Slide 38: Financial Highlights (FY24 vs FY25)
FINANCIAL HIGHLIGHTS (FY24vsFY25) (CONSOLIDATED*) Revenue (In Rs. Cr.) Profitability (In Rs. Cr.) Profitability (In %) EPS (In Rs.) 500.00 FY25 FY24 FY25 FY24 10.40 450.00 10.20 10.16 50 44.63 16.00% 14.52% 347.29 400.00 10.00 45 307.43 14.00% 350.00 35.48 9.80 40 10.22% 12.00% 300.00 9.60 35 10.00%
Slide 39: Financials
FINANCIALS
Slide 40: Quarterly & Annual Profit & Loss Statement
QUARTERLY & ANNUAL PROFIT & LOSS STATEMENT (CONSOLIDATED*) (Amounts in Rs. Crore) Particulars Q1FY26 Q1FY25 Q4FY25 YoY (%) QoQ (%) FY25 FY24 YoY (%) Income from Operations 72.72 50.36 121.51 44.40 -40.15 307.43 347.29 -11.48 Other Income 1.60 0.65 2.16 146.15 -25.92 6.49 4.14 56.76 Total Income from
Slide 41: Annual Profit & Loss Statement
ANNUAL PROFIT & LOSS STATEMENT (CONSOLIDATED*) (Amounts in Rs. Crore) Particulars FY22 FY23 FY24 FY25 Revenue from Operations 186.64 311.80 347.29 307.43 Other Income 0.26 0.63 4.41 6.49 Total Income from Operations 186.90 312.43 351.43 313.92 Total Cost of Materials Consumed 34.70 31.67 109.66 112.
Slide 42: Balance Sheet (Consolidated)
BALANCE SHEET (CONSOLIDATED*) (Amounts in Rs. Crore) Equity & Liabilities FY22 FY23 FY24 FY25 Assets FY22 FY23 FY24 FY25 Share Capital 19.11 19.11 19.11 22.00 Property, Plant & Equipment 8.91 21.11 29.84 32.76 Reserves & Surplus 51.92 66.71 82.68 148.23 0.01 8.38 10.30 18.73 Non-Current Investment M
Slide 43: Shareholding Pattern
SHAREHOLDING PATTERN 43.09% 56.91% INVESTOR PRESENTATION Promoter & Promoter Group Public As on 30 June, 2025 42
Slide 44: Disclaimer
DISCLAIMER This document includes certain forward-looking statements which are tentative, based on current expectations of the management of Markolines Pavement Technologies Limited. These statements are based on management's current expectations or beliefs and are subject to uncertainty and changes
Slide 45: Thank You
Registered Office 502, A Wing, 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, Thank You Maharashtra, India Phone: +91 22 6266 11 11 (30 Lines) Email: info@markolines.
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