Markolines Pavement Technologies bags ₹439.75 crore in new work orders
Markolines Pavement Technologies Limited secured new work orders totaling ₹439.75 crore, boosting its unexecuted order book to over ₹956.48 crore. The largest order, valued at ₹294.39 crore, is from Indo British Group of Schools. The company reported a Q3 FY26 net profit of ₹7.09 crore.
The substantial value of new work orders and the increase in the unexecuted order book are material developments that are likely to have a significant impact on the company's future financial performance.
The company has received significant new work orders, increasing its order book and reporting profit growth, which are positive indicators.
Markolines Pavement Technologies Limited has announced the receipt of multiple work orders cumulatively amounting to ₹439.75 crore, inclusive of GST. This significant influx of new business brings the company's total unexecuted order book to over ₹956.48 crore as of March 5, 2026.
The largest of these new orders, valued at ₹294.39 crore, comes from the Indo British Group of Schools (IBGS) for the Turnkey Development of School Infrastructure at Pune, Hyderabad, and Nashik. This project is slated for completion within 12 months from the site handover or commencement letter.
Additionally, the company secured an order worth ₹75.28 crore from Varanasi Aurangabad NH-2 Tollway Private Limited for providing and laying DBM and BC at various locations in Bihar. Another order from the same client, valued at ₹43.47 crore, is for miscellaneous work in the BR3 section of Bihar, with both projects expected to be completed within three months.
Further contributing to the new business, Markolines bagged a ₹21.76 crore project from Bharat Vanijya Eastern Private Limited for providing and laying DBM & BC, including milling, in Bihar under Bharatmala Pariyojana Phase I on EPC Mode. A final work order of ₹4.85 crore was received from Delhi Hapur Meerut Expressway Private Limited for providing and laying DBM & BC.
Mr. Sanjay Patil, Founder, Chairman & Managing Director of Markolines Pavement Technologies Limited, commented on the development, stating, “Receiving a work order of ₹294.39 crore from the prestigious Indo British Group of Schools for developing school infrastructure in the cities of Pune, Hyderabad and Nashik is a testament of the quality of our work and efficient execution. We have been witnessing a good momentum in the country’s infrastructure segment backed by government’s emphasis on the sector. We have been able to grow our order book significantly due to the steady demand from various infrastructure and tollway projects. We are hopeful of sustaining the growth momentum moving forward.”
For the quarter ended December 31, 2025, Markolines reported a net profit of ₹7.09 crore on a standalone basis, marking a 12.72 per cent growth compared to ₹6.29 crore in the same period last year. The company, which migrated to the BSE Main Board in June 2025 and listed on the NSE Main Board in October 2025, aims to enhance its visibility and investor participation.
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Markolines Pavement Technologies Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Markolines Pavement Technologies Limited. Read the original for the full detail.