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GOLD 24K (10g)₹75,420+0.38%
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MARKOLINES PAVEMENT TEC L

MARKOLINES PAVEMENT TEC L

NSE: MARKOLINES
Infrastructure OperationsIndustrialsSMALL CAPMCap ₹396.1 Cr
₹178.40₹0.49 (+0.28%)

Market Closed • NSE

Market cap₹396.1 Cr
Enterprise value₹480.3 Cr
P/E TTM14.70
P/B1.94
EPS TTM₹12.14
ROCE15.40%
D/E0.43
Dividend yield0.00%
Face value₹10.00
52W high₹191.75
52W low₹131.65
Price chart(1Y)
1Y Return:+8.44% (+₹13.88)
H: ₹191.75L: ₹159.53
1W+2.16%
1M+3.22%
3M+3.36%
6M+18.06%
1Y-2.99%
Today at a glance

Day range

₹176.45₹180.50

52 week range

₹131.65₹191.75
Volume310.3K1.12x 20D avg
Free float50.00%+11.90% volume

MARKOLINES PAVEMENT TEC L closed at INR178.40 (+0.28%) on volume 1.12x its 20-day average, trading 6.96% below its 52-week high.

Technical analysis
RSI (14)62.3Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹5.60High
SMA 20₹170.68BULLISH
SMA 50₹172.28BULLISH
SMA 100₹172.14BULLISH
SMA 200₹162.74BULLISH
CPR bottom₹177.23
Pivot₹177.46
CPR top₹177.68
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -61.6% QoQ

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹86.2 Cr₹396.1 Cr21.76%≤ 33%PASS
Non-halal income ratio–₹348.5 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹337.4 Cr₹339.3 Cr99.46%≥ 20%PASS
Receivables ratio–₹339.3 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E14.7028.10
Forward P/E——
P/B1.943.00
EV/EBITDA—18.00
PEG—1.10
Earnings yield6.803.60
Growth & profitability
RevenuePAT
FY24PAT margin 4.90%
FY25PAT margin 7.40%
FY26PAT margin 7.50%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+4.30%
Revenue CAGR 5Y+0.90%
PAT CAGR 3Y+4.90%
PAT CAGR 5Y+8.70%
Operating margin10.24%
Net margin7.62%
Financial health & cash flow
Net debt₹84.4 CrModerate
Interest coverage5.20xEBIT / interest
CFO / PAT-0.05x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹6.2 Cr
Capital expenditure–
Free cash flow₹89.2 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall83/100
Valuation75/100
Profitability80/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 15.4%

Low Debt Profile: Debt-to-Equity is comfortable at 0.43x

Attractive Valuation: P/E of 14.7x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Infrastructure Operations.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2024

Ownership distribution

Dec 2024Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024
0.69%Institutional holding
44.31%Public holding
2Periods available
0.00%Promoter pledged
7.74KShareholders
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)31.84%+6.93% latest vs average
Highest delivery56.20%on 18 Sept
Average volume (20D)277.4KTrading-session average
Conviction trendStrengthening+6.93% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.640.43%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About MARKOLINES PAVEMENT TEC L
MARKOLINES PAVEMENT TEC L

Incorporated in 2002, Markolines Pavement Technologies Ltd is in the business of providing highway operations & maintenance services[1]

IndiaIndustrials

Questions investors ask
Is MARKOLINES PAVEMENT TEC L Shariah compliant?

MARKOLINES PAVEMENT TEC L is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (21.76%) complies with AAOIFI threshold (≤ 33%).

What is MARKOLINES PAVEMENT TEC L's current valuation relative to peers?

MARKOLINES PAVEMENT TEC L trades at a P/E of 14.7x compared to the sector median of 28.1x, and a Price-to-Book of 1.9x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.43x. Interest coverage is 5.2x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 0.9% while net profit growth averaged 8.7%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.