Markolines Wins Rs 1 Billion Order in Andhra Pradesh

28 Aug 2025 CW Team

Markolines Pavement Technologies Limited, an integrated highway maintenance solutions provider, has secured a major order worth Rs 1 billion from Trans Metalite India Limited for patch repair works in Andhra Pradesh. With this addition, the company’s total order book has now crossed Rs 4 billion as of 31st July 2025.

The Letter of Acceptance from Trans Metalite confirms Markolines' role in executing the project over a five-year period, reflecting strong client confidence in its capabilities.

In the ongoing fiscal year 2025–26, the company has also received multiple new contracts totalling approximately Rs 974.7 million. These include two repeat orders from Varanasi Aurangabad NH-2 Tollway Private Limited, strengthening Markolines’ position in the highway maintenance sector.

Commenting on the achievement, Mr Sanjay Patil, Founder, Chairman & Managing Director of Markolines Pavement Technologies Limited, stated:

“India’s infrastructure sector is gaining strong momentum, driven by government support. This has supported the steady growth of our order book. As a specialist in highway maintenance, we deliver innovative, customised solutions. The strength of our current order book reflects our clients’ continued trust, and we anticipate further expansion in line with ongoing infrastructure development.”

Mr Vijay Oswal, Founder and Chief Financial Officer, added:

“Our expanding order book gives us solid revenue visibility and is expected to positively impact our financial performance in upcoming quarters. We also expect margin improvements as we focus on large, high-value projects, leveraging our specialised execution skills and strong pre-qualifications.”

For the first quarter of FY26, ending 30th June 2025, Markolines reported a 119.4 per cent year-on-year rise in profit after tax, reaching Rs 37.9 million. Operating income rose by 44.4 per cent year-on-year to Rs 727.2 million, with EBITDA margins at 10.3 per cent.

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