Markolines Pavement Technologies Limited has informed the Exchange regarding a press release dated March 05, 2026, titled "Disclosure of receipt of various Work Orders by the Company".
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Markolines Pavement Technologies has won five work orders cumulatively valued at Rs. 439.75 crore (including GST). The largest order of Rs. 294.39 crore is from Indo British Group of Schools for turnkey school infrastructure development in Pune, Hyderabad and Nashik, to be completed in 12 months. The remaining orders worth Rs. 145.36 crore come from Varanasi Aurangabad NH-2 Tollway, Bharat Vanijya Eastern (under Bharatmala Pariyojana), and Delhi Hapur Meerut Expressway, mostly for road laying work in Bihar. With these wins, the company's total unexecuted order book now stands at over Rs. 956.48 crore. For context, the company reported a standalone net profit of Rs. 7.09 crore in Q3 FY26, up 12.72% year-on-year.
This is a significant order inflow that more than doubles visibility on future revenue and strengthens the order book, which is positive for earnings growth. However, the bulk of the new orders (the Rs. 294 crore IBGS contract) is a diversification into school infrastructure rather than core highway work, so investors should watch execution timelines.