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Markolines Pavement Technologies Ltd. (MARKOLINES.NS)

INR168.12 -0.09 (-0.05%)
IN NSE Industrials Industrial - Infrastructure Operations
Address Wing-A 400614
Navi Mumbai, IN
CEO Anil Pralhad Nikam
IPO 2025-10-14
ISIN INE0FW001016

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Also trades on Bombay Stock Exchange · MARKOLINES.BO (INR) National Stock Exchange of India · MARKOLINES.NS (INR)
Description

Established in 2002 and headquartered in Navi Mumbai, India, Markolines Pavement Technologies Ltd. is a leading provider of highway operations and maintenance solutions throughout India. Formerly operating as Markolines Traffic Controls Limited until its rebranding in October 2021, the company manages its extensive services through two main divisions: Highway Maintenance Services and Specialized Construction Services. Within its Highway Maintenance segment, Markolines offers a broad spectrum of services. This includes expert consultancy, along with comprehensive major maintenance for bituminous pavements such as milling and filling, overlaying/resurfacing, rehabilitation with glass grids, and hot-in-plant recycled asphalt pavement (RAP) services. The company also addresses structural issues in rigid pavements. Additionally, it delivers proactive preventive maintenance, including crack and fog sealing, slurry sealing, rut filling, surface dressing/chip seal, and cape seal applications. Specialized maintenance offerings further extend to micro surfacing and cold-in-place recycling methods. The Specialized Construction Services division undertakes projects like base and subbase/soil stabilization, full-depth reclamation, and tunneling.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR168.12 -0.09 (-0.05%)
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Volume Profile
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Liquidity & share structure
Average Volume
421.4K
Beta
-0.18
Float Shares
7.56M
Free Float %
34.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.05% +2.21% +2.93% +10.68% -2.81% +0.75% -0.78% -0.78% -0.78% -0.78% -0.78%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
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Daily Returns Distribution
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Revenue flow

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Financial Statements

Income Statement

Balance Sheet

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Key Metrics

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Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
168.12
DCF (Unlevered) 72.60 -56.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
MOAT Score
4 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Industrial - Infrastructure Operations: +6.5%
    +13.5%
  • EPS growth Industrial - Infrastructure Operations: +11.1%
    +18.5%
  • FCF margin FCF growth · Industrial - Infrastructure Operations: +42.0%
    -2.6%
  • EBIT margin Industrial - Infrastructure Operations: +28.4%
    +9.5%
  • ROIC Industrial - Infrastructure Operations: +6.7%
    +8.7%
  • Share dilution Industrial - Infrastructure Operations: +0.0%
    -1.9%
  • Debt / EBITDA Net debt/EBITDA · Industrial - Infrastructure Operations: 1.25×
    2.15×
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.18) × ERP
WACC = 81% × Ke + 19% × Kd (7.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 71.74 Current price: 168.12
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-12 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-06-11 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-06-10 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-06-09 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-06-08 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-06-05 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-06-04 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-06-03 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-06-02 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-06-01 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-29 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-27 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
2026-05-26 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
2026-05-25 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
2026-05-22 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
2026-05-21 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
2026-05-20 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
2026-05-19 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
2026-05-18 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
2026-05-15 C- 1/5 1/5 1/5 1/5 1/5 4/5 1/5
2026-05-14 C- 1/5 1/5 1/5 1/5 1/5 4/5 1/5
2026-05-13 C- 1/5 1/5 1/5 1/5 1/5 4/5 1/5
2026-05-12 C- 1/5 1/5 1/5 1/5 1/5 4/5 1/5
2026-05-11 C- 1/5 1/5 1/5 1/5 1/5 4/5 1/5
2026-05-08 C- 1/5 1/5 1/5 1/5 1/5 4/5 1/5
2026-05-07 C- 1/5 1/5 1/5 1/5 1/5 4/5 1/5
2026-05-06 C- 1/5 1/5 1/5 1/5 1/5 4/5 1/5
2026-05-05 C- 1/5 1/5 1/5 1/5 1/5 4/5 1/5
2026-05-04 C- 1/5 1/5 1/5 1/5 1/5 4/5 1/5
2026-04-30 C- 1/5 1/5 1/5 1/5 1/5 4/5 1/5
2026-04-29 C- 1/5 1/5 1/5 1/5 1/5 4/5 1/5
2026-04-28 C- 1/5 1/5 1/5 1/5 1/5 4/5 1/5
2026-04-27 C- 1/5 1/5 1/5 1/5 1/5 4/5 1/5
2026-04-24 C- 1/5 1/5 1/5 1/5 1/5 4/5 1/5
2026-04-23 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
2026-04-22 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
2026-04-21 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
2026-04-20 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
2026-04-17 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
2026-04-16 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
Ownership data is not available for this company yet.

Executive team

Top executives
EBIT / Employee
1.13M
Shares Outstanding
22.04M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Anil Pralhad Nikam Chief Executive Officer male
Bijender Singh Head - HSE male
J. Singh Head of Business Development
Praveen Sevantilal Panchal Executive Director male
Sanjay Bhanudas Patil Founder, MD & Chairman male
Satpathy Senior Vice President of MMR & EPC male
Sriniwas Nagarkar Director of Technical male
Unnati Jiandani Assistant Vice President of Accounts female
Vijay Ratanchand Oswal Founder & Chief Financial Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings reports

Stock splits