Markolines Q2 EBITDA Up 24.62% YoY to ₹11.34 Crore

Revenue from Operations: ₹86.02 crore (vs ₹77.67 crore in Q2 FY26), growth of 10.75%
EBITDA: ₹11.34 crore (vs ₹9.10 crore in Q2 FY26), growth of 24.62%
PBT: ₹6.70 crore (vs ₹5.91 crore in Q2 FY26), growth of 13.29%
PAT: ₹4.95 crore (vs ₹4.08 crore in Q2 FY26), growth of 21.21%
EBITDA Margin: 13.18%

Revenue from Operations: ₹161.88 crore (vs ₹150.39 crore in H1 FY26), growth of 7.64%
EBITDA: ₹20.51 crore (vs ₹17.55 crore in H1 FY26), growth of 16.95%
PBT: ₹12.27 crore (vs ₹11.22 crore in H1 FY26), growth of 9.38%
PAT: ₹9.31 crore (vs ₹7.88 crore in H1 FY26), growth of 18.25%
EBITDA Margin: 12.67%

Mr. Sanjay Patil, Founder, Chairman & Managing Director:

Company is strengthening position in India's specialized infrastructure and highway maintenance sector
Diversification beyond highways progressing well, exploring opportunities in Marine Infrastructure Construction & Maintenance
Specific opportunities include jetty construction, marine facility repair and maintenance, and adjacent infrastructure segments
Total current unexecuted order book: ₹624.22 crore
Future focus on core highway maintenance business, expanding specialized technology offerings (Micro Surfacing, CIPR, FDR), and building diversified infrastructure portfolio

Mr. Vijay Oswal, Founder & Chief Financial Officer:

Improved financial performance driven by better project execution and strong in-house capabilities
Emphasis on operational efficiencies, disciplined cost management, and execution excellence
Focus on strengthening working capital management, improving project execution efficiency, and maintaining financial discipline

Secured two work orders from Brihanmumbai Municipal Corporation (BMC) aggregating ₹135.20 crore (inclusive of GST)
Work orders for microsurfacing and resurfacing works on Mumbai's Eastern and Western Express Highways
Continuing exploration of opportunities in Marine Infrastructure Construction & Maintenance
Strengthening technology-led road maintenance capabilities through specialized techniques: Micro Surfacing, Cold In-Place Recycling (CIPR), and Full Depth Reclamation (FDR)

Established in 2002, leading highway operations and maintenance (O&M) and specialized infrastructure solution provider
Only listed company in the highway maintenance segment
Successfully executed over 5,670 lane kilometers of highway maintenance work across multiple states
Migrated to BSE Mainboard on June 12, 2025
Listed on NSE Mainboard in October 2025
Headquarters: Navi Mumbai, Maharashtra