Markolines Pavement Technologies Reports Strong Q4FY26 & FY26 Performance, Order Book Crosses ₹600 Crore

Mumbai, May 27 : Markolines Pavement Technologies Ltd. , a growing infrastructure services company specializing in Highway Operations & Maintenance  today approved Audited Financial Results of the company for the quarter and full year ended 31 March 2026.

FINANCIAL STATEMENT HIGHLIGHTS

Mr. Vijay Oswal, Founder & Chief Financial Officer of Markolines Pavement Technologies Limited said,

“On a sequential basis, the Company delivered a strong operational and financial performance in Q4FY26. Revenue from Operations of Rs. 105.15 crore as against Rs. 92.95 crore in Q3FY26, registering a growth of 13.12% Q-o-Q. EBITDA for the quarter was reported at Rs. 19.01 crore compared to Rs. 11.99 crore in the previous quarter, reflecting a strong growth of 58.53% Q-o-Q. PAT for Q4FY26 stood at Rs. 11.36 crore compared to Rs. 7.00 crore in the preceding quarter, reflecting a growth of 62.39% Q-o-Q.

For the year ended March 31, 2026 (FY2026), the company reported 13.35% growth in Revenue from Operations at Rs. 348.49 crore as against Rs. 307.43 in the corresponding period last year following a strong demand for specialized highway maintenance solutions. EBITDA grew by 8.74 % at at Rs. 48.54 crore compared to Rs. 44.64 crore in FY25, demonstrating the company’s ability to maintain margins while scaling operations. Meanwhile Net Profit grew by 15.46% at Rs. 26.23 crore compared to Rs. 22.72 crore in FY25, reflecting a growth of 15.46% YoY.

For the financial year, the company has registered a strong order book position at Rs. 600+ crore as of 31st March 2026, provides clear revenue visibility over the next 12–18 months as the company continue to focus on timely execution, efficient capital allocation, and expanding our presence across high-value infrastructure segments.

Focus on technology-led execution remains a key differentiator for the company along with early adoption and successful implementation of advanced techniques such as micro-surfacing, Technology like Cold In-Place Recycling, and Full Depth Reclamation have enabled it to address the growing need for cost-efficient and sustainable road maintenance solutions in India. As infrastructure assets mature, the demand for such specialised services is expected to grow significantly, positioning the company favourably within the sector.”

Mr. Sanjay Patil, Founder, Chairman & Managing Director of Markolines Pavement Technologies Limited said,

“Going forward, we aim to achieve nearly 3x growth in revenue along with a similar scale-up in profitability, supported by the strong growth opportunities arising from the Government’s continued focus on infrastructure development. Over the last few years, several initiatives such as asset monetization and the expansion of the national highway network have created significant long-term opportunities for the sector. As planned earlier, we have successfully secured orders in other infrastructure segments, further strengthening our diversified business portfolio. Our revenue contribution from specialized construction business has increased from approx. 25% to around 35% during the year and we expecting further growth in coming years. With a healthy order pipeline of nearly Rs. 2,000+ crore, strong execution capabilities, and a technology-driven approach, we remain well-positioned to capitalize on these structural growth opportunities in the infrastructure sector.” 

Key Developments:

• Unexecuted order book of Rs. 600+ crore as of 31st March 2026 with a recent addition of orders worth Rs. 439.75 crore.
• 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.
• The company has strengthened its capital structure by converting 1,40,000 warrants into equity shares at Rs 165 per share through a preferential allotment to a non-promoter investor. Overall, these developments reflect operational growth, progress in corporate restructuring, and the company’s capital augmentation initiatives.
• During the year, the company continued to secure multiple projects wins across geographies, including highway maintenance contracts, pavement rehabilitation works, and municipal infrastructure assignments. These projects reflect increasing demand for specialised maintenance solutions and underscore the Company’s strong technical capabilities and execution track record.