General disclosure of Press Release for Listing of shares of the Company on National Stock Exchange''s Mainboard effective 14th October, 2025
MARKOLINES · price
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Markolines Pavement Technologies Limited's shares have been listed on the NSE Mainboard effective October 14, 2025, following its earlier migration from the BSE SME Platform to the BSE Mainboard in June 2025. The company is a highway maintenance and specialised construction services provider established in 2002, with over 4,930 lane kilometres of work executed across India. Q1 FY26 results showed revenue of ₹72.72 crore (up 44.39% YoY), EBITDA of ₹7.51 crore (up 36.81% YoY), and PAT of ₹3.79 crore (up 119.37% YoY), with EPS rising 91.11% YoY to ₹1.72. The company has an unexecuted order book of ₹400 crore and over ₹600 crore in pipeline, with ₹200.98 crore in new and repeat orders already secured in FY26. The Board has also approved a merger of Markolines Infra Limited into the company, currently awaiting regulatory and statutory approvals.
Dual listing on BSE and NSE mainboards should boost visibility, liquidity and investor participation, potentially supporting the stock price. The strong Q1 results, healthy order book and pending merger add to the positive growth narrative for shareholders.