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    Markolines Pavement Technologies Limited

    India's only listed highway operations & maintenance (O&M) company, offering pavement preservation services — micro-surfacing, cold-in-place recycling, FDR/soil stabilization, MMR, rigid-pavement repair and tunnelling.

    Construction
    Industrials
    View MARKOLINES earnings calls

    Overview

    Price

    Market Cap

    ₹390 Cr

    Sector

    Construction

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital191919222222
    Reserves526783155160180
    Borrowings273159635286
    Other Liabilities387280765650
    Total Liabilities136188240316290339
    AssetsFixed Assets92129325631
    CWIP001110
    Investments081019033
    Other Assets127158200264233274
    Total Assets136188240316290339

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY22FY23FY24FY25FY26
    ActivitiesCash from Operating202-366
    Cash from Investing-22-23-14-21
    Cash from Financing1215016
    SummaryCapital Expenditure
    Free Cash Flow6-11-461
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    MARKOLINES · CAPITAL_INTENSIVE

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