Markolines Pavement TEC L
NSE: MARKOLINES · Civil Construction · sector
₹175.86NSE close 2026-10-26
Key numbers
Market cap₹390 cr
Price₹175.86
52w high / low₹192 / ₹132
P/E14.5xSector median 12.2x
P/B1.9xSector median 1.3x
Book value₹91.2
Dividend yield0.84%Sector median 0.76%
ROE13.1%Sector median 10.2%
ROCE14.4%Sector median 12.9%
OPM11.6%Sector median 10.7%
Debt / equity0.43xSector median 0.36x
EV/EBITDA11.6xSector median 8.8x
Interest cover6.1x
Current ratio1.68x
Sales growth 3y–Sector median +6.7%
Profit growth 3y–Sector median +5.8%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 119 companies in Civil Construction (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹2 cr vs borrowings ₹86 cr (FY26): borrowings are higher by ₹84 cr.
- Operating profit covered interest 6.1x in the last 12 months.
- Other income was 30% of net profit in the last 12 months.
- Dividend paid in 1 of the last 1 financial years.
- Price ₹175.86 on 2026-10-26: -8.3% from the 52-week high, +33.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹220.00 · low ₹111.15
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 73 | 78 | 93 | 105 | 76 |
| EBITDA | 6 | 7 | 10 | 16 | 8 |
| OPM % | 8.1% | 9.2% | 10.7% | 15.3% | 10.1% |
| Other income | 1 | 2 | 2 | 3 | 2 |
| Net profit | 4 | 4 | 7 | 11 | 4 |
| EPS (₹) | 1.72 | 1.70 | 3.33 | 5.15 | 1.96 |
| Revenue YoY | +4.3% | ||||
| Profit YoY | +15.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY26 | TTM |
|---|---|---|
| Revenue | 348 | 352 |
| EBITDA | 40 | 41 |
| Net profit | 26 | 27 |
| EPS (₹) | 11.90 | 12.14 |
| Dividend / share (₹) | 1.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | +0.7% |
Balance sheet
| ₹ cr | FY26 |
|---|---|
| Shareholders' equity | 203 |
| Borrowings | 86 |
| Cash & equivalents | 2 |
| Total assets | 339 |
| Fixed assets | 28 |
| Capital work in progress | 3 |
| Investments | 33 |
| Receivables | 144 |
| Inventory | 8 |
| Payables | 28 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY26 |
|---|---|
| Cash from operations | 93 |
| Cash from investing | -21 |
| Cash from financing | 16 |
| Capex | 5 |
| Free cash flow | 88 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY26 |
|---|---|
| ROE % | 12.9% |
| ROCE % | 14.1% |
| Debtor days | 150 |
| Inventory days | 37 |
| Payable days | 131 |
| Cash conversion cycle (days) | 56 |
| Working capital days | 90 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 54.60% |
| FIIs | 0.00% |
| DIIs | 0.03% |
| Public (non-institutions) | 45.37% |
| Quarter | Sep 2025 | Oct 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| Promoters % | 55.00% | 55.00% | 55.00% | 54.60% | 55.00% | 54.60% |
| Promoter group | % |
|---|---|
| Sanjay B Patil | 25.83% |
| Jaya Vijay Oswal | 6.26% |
| Kirti Ratanchand Oswal | 6.04% |
| Karan Atul Bora | 4.57% |
| Patil Kirtinandini Sanjay | 3.35% |
| Saphala Vijay Oswal | 3.13% |
| Sanskruti Pawar | 2.44% |
| Pallavi Dhananjay Pawar | 2.20% |
| Kunal Atul Bora | 0.35% |
| Rajesh Ratanchand Oswal | 0.31% |
| Niyazahmed Sharifuddin Momin | 0.06% |
| Vijay Ratanchand Oswal | 0.01% |
| Avinash Bhanudas Patil | 0.01% |
| Geeta Kapoor | 0.01% |
| Sangram Vasantrao Gaikwad | 0.01% |
| Public holders above 1% | % |
|---|---|
| Hi-klass Trading and Investment | 6.03% |
| Karan Kapoor | 1.91% |
| Brijesh Thakkar | 1.43% |
| Rahul Jhunjhunwala | 1.39% |
| L7 Hitech Private Limited | 1.30% |
| Vistaar Trading Service Private Limited | 1.28% |
| MSB e-TRADE SECURITIES LIMITED | 1.26% |
6,653 shareholders. Pledged: – of promoter shares.
Peers in Civil Construction
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LT | ₹5,06,276 cr | 30.5x | 4.6x | 16.7% | 12.8% | 9.4% | +22.2% | 0.92% |
| RVNL | ₹38,083 cr | 42.4x | 3.9x | 9.3% | 10.5% | 4.3% | +0.2% | 1.51% |
| KPIL | ₹22,134 cr | 19.5x | 2.8x | 15.9% | 17.7% | 8.4% | +18.4% | 0.69% |
| IRB | ₹19,639 cr | 20.6x | 0.9x | 4.7% | 7.6% | 53.9% | +6.1% | 0.65% |
| CEMPRO | ₹19,444 cr | 32.3x | 8.1x | 28.4% | 32.3% | 10.4% | +25.5% | 0.18% |
| NBCC | ₹18,536 cr | 25.1x | 6.1x | 27.0% | 33.9% | 5.8% | +13.8% | 1.08% |
| ENGINERSIN | ₹13,725 cr | 17.5x | 4.4x | 27.0% | 28.8% | 19.4% | +5.7% | 1.84% |
| TECHNOE | ₹9,612 cr | 22.3x | 2.3x | 10.9% | 13.7% | 14.0% | +57.7% | 1.09% |
| IRCON | ₹9,177 cr | 17.5x | 1.4x | 8.1% | 8.2% | 8.3% | -4.4% | 2.25% |
| MARKOLINES | ₹390 cr | 14.5x | 1.9x | 13.1% | 14.4% | 11.6% | – | 0.84% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Major Maintenance(MMR) | ₹227 cr | 63.6% | ₹24 cr | 10.7% |
| Specialised Construction | ₹122 cr | 34.1% | ₹28 cr | 23.3% |
| Unallocated | ₹8 cr | 2.1% | ₹-18 cr | -231.1% |
| Share of Profit of Associates | ₹1 cr | 0.2% | ₹0 cr | 0.0% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2025-09-19 | Dividend | Final Dividend Rs 1.5 |
| 2024-09-20 | Dividend | Final Dividend Rs 1.0 |
| 2023-09-22 | Dividend | Final Dividend Rs 0.7 |
| 2022-09-21 | Dividend | Final Dividend Rs 0.5 |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Civil Construction |
| Sub-industry | Civil Construction |
| Symbol | MARKOLINES |
| BSE code | 543364 |
| ISIN | INE0FW001016 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.