DBT Bureau
Pune, 24 August 2025
Integrated highway maintenance solution company, Markolines Pavement Technologies Limited, announced its Q1FY26 performance – clocking 44.4% increase in the Operating Income from Rs 50.36 crore in Q1FY25 to Rs 72.72 crore in Q1FY26. The Company also posted a Profit after tax of Rs 3.79 crore for Q1FY26, up 119.4% against Rs 1.73 crore in Q1FY25.
| Particulars(Consolidated) | Q1FY26 | Q1FY25 | YoY (%) | FY25 |
| Operating Income (InRs. Crore) | 72.72 | 50.36 | 44.4 | 307.43 |
| EBITDA (In Rs. Crore)* | 7.51 | 5.45 | 37.8 | 44.63 |
| EBITDA Margin (In %)* | 10.3 | 10.8 | – | 14.5 |
| Profit after tax (In Rs.Crore) | 3.79 | 1.73 | 119.4 | 22.72 |
| PAT Margin (In %) | 5.2 | 3.4 | – | 7.3 |
| EPS (In Rs.) (Diluted) | 1.72 | 0.90 | 91.1 | 10.11 |
*IncludesShareofProfitfromAssociate&Subsidiary
Commenting on the performance, Sanjay Patil, Founder, Chairman & Managing Director, said, “Our performance reflects our dedication of creating value for our stakeholders by building competitive moats backed by proven execution prowess. This quarter, we focused on demographic execution across diverse locations to counter the monsoon-related business slowdown, typical for the first half of every year. At the same time, our order book highlights a growing opportunity and directly linked to the opportunities in India’s infrastructure sector.”
The robust numbers were achieved in a lean quarter – marked by lower tenders and work orders owing to advent of monsoon season. However, owing to its meticulous planning in earmarking executable projects at diverse locations, led to higher utilization of resources and better operational efficiencies for the company. The company’s EBIDTA Margins stood at 10.3% in Q1FY26. The company’s larger project execution increased scale, leading to better PAT margins this quarter. Earnings per share stood at Rs. 1.72 compared to Rs. 0.90 with 91.11 % Y-o-Y in Q1 FY25.
Focusing on the outlook, Vijay R. Oswal, Founder & Chief Financial Officer of Markolines Pavement Technologies Limited, said, “Our unexecuted order book as on 30th June 2025 stands at Rs. 400 crore and expected to translate into revenues within next 12-24 months. We continue to focus on large ticket high margin projects that capitalize upon our specialised execution capabilities and higher pre-qualifications. We remain dedicated to take the company to the next level by capitalizing on the higher government spends in the roads and highways sectors, going forward. In addition, we also continue to explore and make inroads into newer sectors that demand similar skill sets and project execution expertise.”
