Markolines Pavement Technologies Limited (543364) Earnings Call Transcripts

Markolines Pavement Technologies Limited's Latest Earnings Call - Q4 FY2026

Markolines Pavement Technologies Limited reported its Q4 and FY '26 results, with revenue increasing to INR 348.49 crores, up from INR 307 crores the previous year. The company achieved an EBITDA of INR 48.54 crores and a PAT of INR 26.23 crores, reflecting a 15% increase year-over-year. Earnings per share grew by 17% to INR 11.90. Management highlighted a significant order book of INR 600 crores and an active pipeline of INR 2,000 crores. The merger with Markolines Infra is expected to complete by FY '27, potentially increasing the combined revenue to INR 500 crores. Guidance for FY '27 suggests a 30% revenue growth on a stand-alone basis, with expectations of maintaining a PAT margin around 7%.

Reported metrics

Guidance from management

Management expects a 30% revenue growth on a stand-alone basis for FY '27, with the merger potentially increasing combined revenue to INR 500 crores. PAT margins are expected to remain around 7%.

What management said

Okay. As far as we are concerned, we have filed our merger applications, and we have submitted and all the queries -- answered to all the queries in the month of March only, a few of them have been answered recently too and there are no further queries as of now pending to be resolved. So if I look at the overall merger scenarios and case studies, then I expect that generally it takes about 6 months. So we are defini...

Okay. So as far as infra is concerned, we are just going through the final audit. So post that, within a week's time, we will be releasing the result also. But as far as infra is concerned, let me just tell you that it is the -- on a profitability percentage, it is definitely higher than the pavement. Purely being into the services, we draw generally approximately 9% to 10% of PAT margins.

What analysts pressed on

Analysts expressed concerns about the timeline for the merger completion and the integration of financials. Questions also focused on the sustainability of margins and the impact of CapEx on future profitability.

Main topics on the call

• Revenue Growth — Revenue increased to INR 348.49 crores from INR 307 crores, a growth driven by strong Q4 performance with INR 105 crores in revenue. Management noted, 'Q4 has always been giving us the highest volume in terms of revenue ...
• Merger with Markolines Infra — The merger with Markolines Infra is expected to complete by FY '27, potentially increasing the combined revenue to INR 500 crores. Management stated, 'We are definitely expecting that by FY '27 completion, we should be a...
• Order Book and Pipeline — Markolines has an unexecuted order book of INR 600 crores and an active pipeline of INR 2,000 crores. Management expects to maintain an order book sufficient for 18 months, targeting a INR 1,000 crores order book by FY '...
• Profitability and Margins — The company reported a PAT margin of 10.81% for Q4, with management indicating a consistent PAT margin around 7% going forward. EBITDA margins may vary due to project-specific factors.

Read the full Markolines Pavement Technologies Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 4 Markolines Pavement Technologies Limited earnings call transcripts on record, spanning June 5, 2024 to May 29, 2026. Based on this history, Markolines Pavement Technologies Limited reports annually. The most recent call on file is dated May 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

543364

Exchange

BSE

Country

IN

Sector

Industrials

Industry

Transportation Infrastructure

Calls on record

4

First call

June 5, 2024

Most recent

May 29, 2026

Reporting cadence

annually