Markolines Bags Rs 35 Million Order From NCC

19 Sep 2025 CW Team

Markolines Pavement Technologies Limited, an integrated highway maintenance solutions provider, has secured an order worth Rs 35.1 million (inclusive of GST) from NCC Limited (formerly Nagarjuna Construction Company Limited) for earth piling works at Malad in Mumbai. With this, the company’s total unexecuted order book now exceeds Rs 4 billion.

Recently, the company won a Rs 1 billion order from Trans Metalite India Limited for patch repair works in Andhra Pradesh. It also received multiple contracts worth nearly Rs 975 million during FY26, including two repeat orders from Varanasi Aurangabad NH-2 Tollway Private Limited.

Commenting on the development, Sanjay Patil, Founder, Chairman and Managing Director of Markolines Pavement Technologies, said: “India’s infrastructure sector is witnessing unprecedented growth backed by strong government investment. The strength of our order book reflects the confidence clients place in us, and we expect further expansion with the ongoing infrastructure push.”

For Q1 FY26 ended 30 June 2025, the company reported a 119.4 per cent year-on-year increase in profit after tax to Rs 37.9 million, while operating income rose 44.4 per cent year-on-year to Rs 727.2 million. EBITDA margins stood at 10.3 per cent. Markolines expects its current unexecuted order book of over Rs 4 billion to generate revenues within the next 12–24 months.

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