Disclosure of Press Release of the Company for receipt of Work Order from NCC Limited
MARKOLINES · price
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Markolines Pavement Technologies has secured a Rs. 3.51 crore work order (inclusive of GST) from NCC Limited for earth piling works at Malad in Mumbai. This order is incremental to the company's existing unexecuted order book of over Rs. 400 crores, which it expects to convert into revenue over the next 12–24 months. Recent wins include a Rs. 100 crore order from Trans Metalite India for patch repair works in Andhra Pradesh and additional orders worth Rs. 97.47 crores, including repeat orders from Varanasi Aurangabad NH-2 Tollway, during FY26. Q1FY26 was strong with profit after tax up 119.4% YoY to Rs. 3.79 crores and operating income up 44.4% YoY to Rs. 72.72 crores. The company recently migrated to the BSE Mainboard, has applied for NSE Mainboard listing, and its board has approved the merger of Markolines Infra Limited with itself.
The order reinforces steady order inflow momentum and adds to a healthy Rs. 400+ crore order book, supporting revenue visibility. While the individual order size is small relative to the total book, it signals continued business traction and is mildly positive for shareholder sentiment alongside strong Q1FY26 financials and growth catalysts like the BSE/NSE listing migration and the proposed merger.