View Financial HealthMarkolines Pavement Technologies 배당 및 자사주 매입배당 기준 점검 2/6Markolines Pavement Technologies 수익으로 충분히 충당되는 현재 수익률 0.9% 보유한 배당금 지급 회사입니다.핵심 정보0.9%배당 수익률-0.7%자사주 매입 수익률총 주주 수익률0.2%미래 배당 수익률n/a배당 성장률34.3%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향13%최근 배당 및 자사주 매입 업데이트공시 • Oct 01Markolines Pavement Technologies Limited Declares Final Dividend for the Financial Year Ended March 31St March 2025Markolines Pavement Technologies Limited declared final dividend of @ 15% i.e. INR 1.5/- per share of face value of INR 10 each for the financial year ended March 31st March 2025.Declared Dividend • Sep 10Dividend increased to ₹1.50Dividend of ₹1.50 is 50% higher than last year. Ex-date: 19th September 2025 Payment date: 30th October 2025 Dividend yield will be 0.9%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is covered by earnings (15% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 44% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Declared Dividend • Sep 09Dividend increased to ₹1.00Dividend of ₹1.00 is 43% higher than last year. Ex-date: 20th September 2024 Payment date: 30th October 2024 Dividend yield will be 0.4%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 18% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 31% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Sep 06Markolines Pavement Technologies Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024Markolines Pavement Technologies Limited informed that the Board of Directors of the Company in their meeting held on 6th September, 2024. The Company has recommended the final dividend on Equity Shares @10% i.e. INR 1 per Equity Shares of the face value of INR 10 each, for the financial year ended 31st March, 2024; The `Record Date' for determining entitlement of Members to the Final dividend for the financial year ended 31st March, 2024, would be 20th September, 2024.Upcoming Dividend • Sep 14Upcoming dividend of ₹0.70 per share at 0.5% yieldEligible shareholders must have bought the stock before 21 September 2023. Payment date: 30 October 2023. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.7%).공시 • May 22Markolines Pavement Technologies Limited Recommends Dividend for the Financial Year Ended March 31, 2023Markolines Pavement Technologies Limited announced that at its board meeting held on May 20, 2023, recommended declaration of a Dividend of 7% on the fully paid-up Equity Shares of INR 10/- each for the financial year ended 31st March 2023, subject to the approval of the Shareholders in the forthcoming Annual General Meeting of the company.모든 업데이트 보기Recent updatesNew Risk • May 27New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.2% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (7.2% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (371% cash payout ratio). Market cap is less than US$100m (₹3.76b market cap, or US$39.2m).Reported Earnings • May 27Full year 2026 earnings released: EPS: ₹11.90 (vs ₹10.09 in FY 2025)Full year 2026 results: EPS: ₹11.90 (up from ₹10.09 in FY 2025). Revenue: ₹3.56b (up 16% from FY 2025). Net income: ₹262.3m (up 16% from FY 2025). Profit margin: 7.4% (up from 7.3% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 11% per year.공시 • May 21Markolines Pavement Technologies Limited to Report Q4, 2026 Results on May 26, 2026Markolines Pavement Technologies Limited announced that they will report Q4, 2026 results on May 26, 2026Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: ₹3.33 (vs ₹3.56 in 3Q 2025)Third quarter 2026 results: EPS: ₹3.33 (down from ₹3.56 in 3Q 2025). Revenue: ₹946.3m (down 6.1% from 3Q 2025). Net income: ₹70.0m (down 23% from 3Q 2025). Profit margin: 7.4% (down from 9.0% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공시 • Feb 10Markolines Pavement Technologies Limited to Report Q3, 2026 Results on Feb 14, 2026Markolines Pavement Technologies Limited announced that they will report Q3, 2026 results at 3:30 PM, Indian Standard Time on Feb 14, 2026Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹164, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 12x in the Infrastructure industry in India. Total returns to shareholders of 9.6% over the past three years.공시 • Nov 11Markolines Pavement Technologies Limited to Report First Half, 2026 Results on Nov 14, 2025Markolines Pavement Technologies Limited announced that they will report first half, 2026 results on Nov 14, 2025공시 • Oct 01Markolines Pavement Technologies Limited Declares Final Dividend for the Financial Year Ended March 31St March 2025Markolines Pavement Technologies Limited declared final dividend of @ 15% i.e. INR 1.5/- per share of face value of INR 10 each for the financial year ended March 31st March 2025.Declared Dividend • Sep 10Dividend increased to ₹1.50Dividend of ₹1.50 is 50% higher than last year. Ex-date: 19th September 2025 Payment date: 30th October 2025 Dividend yield will be 0.9%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is covered by earnings (15% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 44% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Sep 08Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2025Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2025, at 11:30 Indian Standard Time.Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹174, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 19x in the Infrastructure industry in India. Total returns to shareholders of 24% over the past three years.Reported Earnings • Aug 15First quarter 2026 earnings released: EPS: ₹1.72 (vs ₹0.90 in 1Q 2025)First quarter 2026 results: EPS: ₹1.72 (up from ₹0.90 in 1Q 2025). Revenue: ₹727.2m (up 44% from 1Q 2025). Net income: ₹36.7m (up 119% from 1Q 2025). Profit margin: 5.0% (up from 3.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year.공시 • Aug 11Markolines Pavement Technologies Limited to Report Q1, 2026 Results on Aug 14, 2025Markolines Pavement Technologies Limited announced that they will report Q1, 2026 results on Aug 14, 2025Valuation Update With 7 Day Price Move • Jul 28Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹121, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 17x in the Infrastructure industry in India. Total returns to shareholders of 17% over the past three years.Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹158, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 20x in the Infrastructure industry in India. Total returns to shareholders of 60% over the past three years.공시 • May 12Markolines Pavement Technologies Limited to Report Second Half, 2025 Results on May 15, 2025Markolines Pavement Technologies Limited announced that they will report second half, 2025 results on May 15, 2025New Risk • May 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10.0% average weekly change). High level of non-cash earnings (35% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (₹3.29b market cap, or US$38.7m).공시 • Apr 23Markolines Pavement Technologies Limited (BSE:543364) agreed to acquire Markolines Infra Limited.Markolines Pavement Technologies Limited (BSE:543364) agreed to acquire Markolines Infra Limited on April 22, 2025. The consideration consists of common equity of Markolines Pavement Technologies Limited to be issued for of Markolines Infra Limited. Share exchange ratio will be 1:1.15 i.e. for every 1 existing share of Markolines Infra Limited shareholder will get new 1.15 shares of Markolines Pavement Technologies Limited. As of September 30, 2024, Markolines Infra Limited reported total assets of INR 643.47 million and total common equity of INR 400.94 million. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. The transaction is subject to the receipt of applicable approvals, including approvals from the respective jurisdictional Hon’ble National Company Law Tribunal, SEBI, Stock Exchange and such other approvals, permissions, and sanctions of regulatory and other authorities as may be necessary.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹152, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 18x in the Infrastructure industry in India. Total returns to shareholders of 100% over the past three years.New Risk • Apr 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (₹3.43b market cap, or US$40.2m).Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹132, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 18x in the Infrastructure industry in India. Total returns to shareholders of 89% over the past three years.Valuation Update With 7 Day Price Move • Feb 14Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹130, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 19x in the Infrastructure industry in India. Total returns to shareholders of 91% over the past three years.공시 • Jan 07Markolines Pavement Technologies Limited Announces Resignation of Karan Bora as Executive DirectorMarkolines Pavement Technologies Limited that Mr. Karan Bora (DIN: 08244316) vide his resignation letter dated 7th January, 2025 has tendered resignation from the position of Executive Director of the Company with immediate effect due to personal reasons.New Risk • Nov 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (₹4.19b market cap, or US$49.7m).Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹190, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 24x in the Infrastructure industry in India. Total returns to shareholders of 195% over the past three years.공시 • Nov 09Markolines Pavement Technologies Limited to Report First Half, 2025 Results on Nov 14, 2024Markolines Pavement Technologies Limited announced that they will report first half, 2025 results on Nov 14, 2024공시 • Sep 13Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2024Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2024, at 10:00 Indian Standard Time.New Risk • Sep 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (₹5.08b market cap, or US$60.5m).Declared Dividend • Sep 09Dividend increased to ₹1.00Dividend of ₹1.00 is 43% higher than last year. Ex-date: 20th September 2024 Payment date: 30th October 2024 Dividend yield will be 0.4%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 18% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 31% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Sep 06Markolines Pavement Technologies Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024Markolines Pavement Technologies Limited informed that the Board of Directors of the Company in their meeting held on 6th September, 2024. The Company has recommended the final dividend on Equity Shares @10% i.e. INR 1 per Equity Shares of the face value of INR 10 each, for the financial year ended 31st March, 2024; The `Record Date' for determining entitlement of Members to the Final dividend for the financial year ended 31st March, 2024, would be 20th September, 2024.공시 • Aug 24Markolines Pavement Technologies Limited Approves the Appointment of Cs Vijay Thakkar as Company Secretary & Compliance OfficerMarkolines Pavement Technologies Limited at the board meeting held on 24 August 2024, approved the appointment of CS Vijay Thakkar as Company Secretary & Compliance Officer of the Company with effect from 24 August 2024, on the basis of recommendations received from Nomination and Remuneration Committee of the Company. CS Vijay Thakkar is an Associate Member of Institute of Company Secretaries of India and Bachelor of Commerce from University of Mumbai. He has an experience of 8 years in Secretarial and Compliance function.Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₹263, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 35x in the Infrastructure industry in India. Total returns to shareholders of 121% over the past year.Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 36%After last week's 36% share price gain to ₹201, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 37x in the Infrastructure industry in India. Total returns to shareholders of 80% over the past year.New Risk • Jun 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (30% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹2.71b market cap, or US$32.5m).공시 • May 25+ 1 more updateMarkolines Pavement Technologies Limited Announces Resignation of Parag Jagdale as Company Secretary and Compliance OfficerMarkolines Pavement Technologies Limited announced that Mr. Parag Jagdale, Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company has tendered his resignation from the position of Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company vide his letter dated 26 Mach, 2024 and is relieved from the services of the Company with effect from close of business hours on 24 May, 2024.Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹153, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 38x in the Infrastructure industry in India. Total returns to shareholders of 31% over the past year.Reported Earnings • Nov 20First half 2024 earnings released: EPS: ₹3.19 (vs ₹3.49 in 1H 2023)First half 2024 results: EPS: ₹3.19 (down from ₹3.49 in 1H 2023). Revenue: ₹1.31b (down 14% from 1H 2023). Net income: ₹60.9m (down 8.8% from 1H 2023). Profit margin: 4.6% (up from 4.4% in 1H 2023). The increase in margin was driven by lower expenses.Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹161, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 19x in the Infrastructure industry in India. Total returns to shareholders of 14% over the past year.Upcoming Dividend • Sep 14Upcoming dividend of ₹0.70 per share at 0.5% yieldEligible shareholders must have bought the stock before 21 September 2023. Payment date: 30 October 2023. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.7%).Reported Earnings • Sep 12Full year 2023 earnings released: EPS: ₹8.24 (vs ₹6.08 in FY 2022)Full year 2023 results: EPS: ₹8.24 (up from ₹6.08 in FY 2022). Revenue: ₹3.12b (up 67% from FY 2022). Net income: ₹157.5m (up 56% from FY 2022). Profit margin: 5.0% (down from 5.4% in FY 2022). The decrease in margin was driven by higher expenses.공시 • Sep 06Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2023Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2023, at 10:00 Indian Standard Time.Buying Opportunity • Aug 17Now 21% undervaluedOver the last 90 days, the stock is up 3.9%. The fair value is estimated to be ₹164, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 37%.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹149, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 18x in the Infrastructure industry in India. Total returns to shareholders of 40% over the past year.New Risk • Aug 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (₹2.81b market cap, or US$34.0m).Buying Opportunity • Jun 27Now 20% undervaluedOver the last 90 days, the stock is up 9.7%. The fair value is estimated to be ₹141, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 37%.Buying Opportunity • Jun 12Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be ₹143, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 37%.공시 • May 22Markolines Pavement Technologies Limited Recommends Dividend for the Financial Year Ended March 31, 2023Markolines Pavement Technologies Limited announced that at its board meeting held on May 20, 2023, recommended declaration of a Dividend of 7% on the fully paid-up Equity Shares of INR 10/- each for the financial year ended 31st March 2023, subject to the approval of the Shareholders in the forthcoming Annual General Meeting of the company.Reported Earnings • May 22Full year 2023 earnings released: EPS: ₹8.24 (vs ₹6.08 in FY 2022)Full year 2023 results: EPS: ₹8.24 (up from ₹6.08 in FY 2022). Revenue: ₹3.12b (up 67% from FY 2022). Net income: ₹157.5m (up 56% from FY 2022). Profit margin: 5.0% (down from 5.4% in FY 2022). The decrease in margin was driven by higher expenses.공시 • May 14Markolines Pavement Technologies Limited to Report First Half, 2023 Results on May 20, 2023Markolines Pavement Technologies Limited announced that they will report first half, 2023 results on May 20, 2023Valuation Update With 7 Day Price Move • Mar 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹102, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 27x in the Infrastructure industry in India. Total returns to shareholders of 43% over the past year.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹121, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 29x in the Infrastructure industry in India. Total returns to shareholders of 61% over the past year.Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₹178, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 25x in the Infrastructure industry in India. Total returns to shareholders of 167% over the past year.Reported Earnings • Nov 19First half 2023 earnings released: EPS: ₹3.49 (vs ₹1.36 in 1H 2022)First half 2023 results: EPS: ₹3.49 (up from ₹1.36 in 1H 2022). Revenue: ₹1.52b (up 100% from 1H 2022). Net income: ₹66.8m (up 157% from 1H 2022). Profit margin: 4.4% (up from 3.4% in 1H 2022). The increase in margin was driven by higher revenue.Board Change • Nov 16Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Founder, Chairman & MD Sanjay Patil is the most experienced director on the board, commencing their role in 2002. Independent Director Anjali Patil was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improved over the past weekAfter last week's 39% share price gain to ₹185, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 25x in the Infrastructure industry in India. Total returns to shareholders of 145% over the past year.공시 • Oct 02Markolines Pavement Technologies Limited Declares Final Dividend for the Financial Year Ended 31st March 2022Markolines Pavement Technologies Limited declared the final dividend on Equity Shares of 5% i.e. INR 0.50 (Rupee Fifty Paise) per Equity Shares of the face value of INR 10 each, for the financial year ended 31st March 2022.Reported Earnings • Sep 14Full year 2022 earnings released: EPS: ₹6.08 (vs ₹2.87 in FY 2021)Full year 2022 results: EPS: ₹6.08 (up from ₹2.87 in FY 2021). Revenue: ₹1.87b (up 18% from FY 2021). Net income: ₹101.1m (up 152% from FY 2021). Profit margin: 5.4% (up from 2.5% in FY 2021). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹159, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 26x in the Infrastructure industry in India.공시 • Sep 07Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2022Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time.Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₹127, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 21x in the Infrastructure industry in India.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improved over the past weekAfter last week's 27% share price gain to ₹108, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 17x in the Infrastructure industry in India.Reported Earnings • Jun 05Full year 2022 earnings released: EPS: ₹6.08 (vs ₹3.06 in FY 2021)Full year 2022 results: EPS: ₹6.08 (up from ₹3.06 in FY 2021). Revenue: ₹1.87b (up 18% from FY 2021). Net income: ₹101.1m (up 136% from FY 2021). Profit margin: 5.4% (up from 2.7% in FY 2021). The increase in margin was driven by higher revenue.공시 • May 31Markolines Pavement Technologies Limited Recommends Dividend for the Financial Year Ended 31 March 2022The Board of Markolines Pavement Technologies Limited recommended a Dividend of 5% (i.e. INR 0.5) on the fully paid-up Equity Shares of INR 10 each of the Company for the financial year ended 31st March 2022, subject to the approval of the Shareholders in the forthcoming Annual General Meeting of the Company.Valuation Update With 7 Day Price Move • May 25Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹86.75, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 18x in the Infrastructure industry in India.공시 • May 24Markolines Pavement Technologies Limited to Report Second Half, 2022 Results on May 30, 2022Markolines Pavement Technologies Limited announced that they will report second half, 2022 results on May 30, 2022Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₹91.00, the stock trades at a trailing P/E ratio of 43.5x. Average trailing P/E is 20x in the Infrastructure industry in India.Board Change • Apr 27Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Founder, Chairman & MD Sanjay Patil is the most experienced director on the board, commencing their role in 2002. Independent Director Anjali Patil was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₹92.40, the stock trades at a trailing P/E ratio of 44.2x. Average trailing P/E is 30x in the Infrastructure industry in India.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹73.00, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 26x in the Infrastructure industry in India.Board Change • Sep 29Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Executive Director Karan Bora is the most experienced director on the board, commencing their role in 2020. Independent Director Anjali Patil was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 배당금 지급이 안정적인 반면, 543364 은(는) 배당금을 지급한 지 10년도 채 되지 않았습니다.배당금 증가: 543364 의 배당금 지급이 증가했지만 회사는 4 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장Markolines Pavement Technologies 배당 수익률 vs 시장543364의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (543364)0.9%시장 하위 25% (IN)0.3%시장 상위 25% (IN)1.5%업계 평균 (Infrastructure)0.5%분석가 예측 (543364) (최대 3년)n/a주목할만한 배당금: 543364 의 배당금( 0.9% )은 Indian 시장에서 배당금 지급자의 하위 25%( 0.3% )보다 높습니다.고배당: 543364 의 배당금( 0.9% )은 Indian 시장에서 배당금 지급자의 상위 25%( 1.49% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 낮은 배당금 지급 비율 (13%)로 인해 543364의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 371.1% )이 높기 때문에 543364 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YIN 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/10 13:35종가2026/06/10 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Markolines Pavement Technologies Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공시 • Oct 01Markolines Pavement Technologies Limited Declares Final Dividend for the Financial Year Ended March 31St March 2025Markolines Pavement Technologies Limited declared final dividend of @ 15% i.e. INR 1.5/- per share of face value of INR 10 each for the financial year ended March 31st March 2025.
Declared Dividend • Sep 10Dividend increased to ₹1.50Dividend of ₹1.50 is 50% higher than last year. Ex-date: 19th September 2025 Payment date: 30th October 2025 Dividend yield will be 0.9%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is covered by earnings (15% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 44% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Declared Dividend • Sep 09Dividend increased to ₹1.00Dividend of ₹1.00 is 43% higher than last year. Ex-date: 20th September 2024 Payment date: 30th October 2024 Dividend yield will be 0.4%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 18% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 31% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Sep 06Markolines Pavement Technologies Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024Markolines Pavement Technologies Limited informed that the Board of Directors of the Company in their meeting held on 6th September, 2024. The Company has recommended the final dividend on Equity Shares @10% i.e. INR 1 per Equity Shares of the face value of INR 10 each, for the financial year ended 31st March, 2024; The `Record Date' for determining entitlement of Members to the Final dividend for the financial year ended 31st March, 2024, would be 20th September, 2024.
Upcoming Dividend • Sep 14Upcoming dividend of ₹0.70 per share at 0.5% yieldEligible shareholders must have bought the stock before 21 September 2023. Payment date: 30 October 2023. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.7%).
공시 • May 22Markolines Pavement Technologies Limited Recommends Dividend for the Financial Year Ended March 31, 2023Markolines Pavement Technologies Limited announced that at its board meeting held on May 20, 2023, recommended declaration of a Dividend of 7% on the fully paid-up Equity Shares of INR 10/- each for the financial year ended 31st March 2023, subject to the approval of the Shareholders in the forthcoming Annual General Meeting of the company.
New Risk • May 27New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.2% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (7.2% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (371% cash payout ratio). Market cap is less than US$100m (₹3.76b market cap, or US$39.2m).
Reported Earnings • May 27Full year 2026 earnings released: EPS: ₹11.90 (vs ₹10.09 in FY 2025)Full year 2026 results: EPS: ₹11.90 (up from ₹10.09 in FY 2025). Revenue: ₹3.56b (up 16% from FY 2025). Net income: ₹262.3m (up 16% from FY 2025). Profit margin: 7.4% (up from 7.3% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 11% per year.
공시 • May 21Markolines Pavement Technologies Limited to Report Q4, 2026 Results on May 26, 2026Markolines Pavement Technologies Limited announced that they will report Q4, 2026 results on May 26, 2026
Reported Earnings • Feb 16Third quarter 2026 earnings released: EPS: ₹3.33 (vs ₹3.56 in 3Q 2025)Third quarter 2026 results: EPS: ₹3.33 (down from ₹3.56 in 3Q 2025). Revenue: ₹946.3m (down 6.1% from 3Q 2025). Net income: ₹70.0m (down 23% from 3Q 2025). Profit margin: 7.4% (down from 9.0% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공시 • Feb 10Markolines Pavement Technologies Limited to Report Q3, 2026 Results on Feb 14, 2026Markolines Pavement Technologies Limited announced that they will report Q3, 2026 results at 3:30 PM, Indian Standard Time on Feb 14, 2026
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹164, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 12x in the Infrastructure industry in India. Total returns to shareholders of 9.6% over the past three years.
공시 • Nov 11Markolines Pavement Technologies Limited to Report First Half, 2026 Results on Nov 14, 2025Markolines Pavement Technologies Limited announced that they will report first half, 2026 results on Nov 14, 2025
공시 • Oct 01Markolines Pavement Technologies Limited Declares Final Dividend for the Financial Year Ended March 31St March 2025Markolines Pavement Technologies Limited declared final dividend of @ 15% i.e. INR 1.5/- per share of face value of INR 10 each for the financial year ended March 31st March 2025.
Declared Dividend • Sep 10Dividend increased to ₹1.50Dividend of ₹1.50 is 50% higher than last year. Ex-date: 19th September 2025 Payment date: 30th October 2025 Dividend yield will be 0.9%, which is higher than the industry average of 0.5%. Sustainability & Growth Dividend is covered by earnings (15% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 44% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Sep 08Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2025Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2025, at 11:30 Indian Standard Time.
Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹174, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 19x in the Infrastructure industry in India. Total returns to shareholders of 24% over the past three years.
Reported Earnings • Aug 15First quarter 2026 earnings released: EPS: ₹1.72 (vs ₹0.90 in 1Q 2025)First quarter 2026 results: EPS: ₹1.72 (up from ₹0.90 in 1Q 2025). Revenue: ₹727.2m (up 44% from 1Q 2025). Net income: ₹36.7m (up 119% from 1Q 2025). Profit margin: 5.0% (up from 3.3% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year.
공시 • Aug 11Markolines Pavement Technologies Limited to Report Q1, 2026 Results on Aug 14, 2025Markolines Pavement Technologies Limited announced that they will report Q1, 2026 results on Aug 14, 2025
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹121, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 17x in the Infrastructure industry in India. Total returns to shareholders of 17% over the past three years.
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹158, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 20x in the Infrastructure industry in India. Total returns to shareholders of 60% over the past three years.
공시 • May 12Markolines Pavement Technologies Limited to Report Second Half, 2025 Results on May 15, 2025Markolines Pavement Technologies Limited announced that they will report second half, 2025 results on May 15, 2025
New Risk • May 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10.0% average weekly change). High level of non-cash earnings (35% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (₹3.29b market cap, or US$38.7m).
공시 • Apr 23Markolines Pavement Technologies Limited (BSE:543364) agreed to acquire Markolines Infra Limited.Markolines Pavement Technologies Limited (BSE:543364) agreed to acquire Markolines Infra Limited on April 22, 2025. The consideration consists of common equity of Markolines Pavement Technologies Limited to be issued for of Markolines Infra Limited. Share exchange ratio will be 1:1.15 i.e. for every 1 existing share of Markolines Infra Limited shareholder will get new 1.15 shares of Markolines Pavement Technologies Limited. As of September 30, 2024, Markolines Infra Limited reported total assets of INR 643.47 million and total common equity of INR 400.94 million. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. The transaction is subject to the receipt of applicable approvals, including approvals from the respective jurisdictional Hon’ble National Company Law Tribunal, SEBI, Stock Exchange and such other approvals, permissions, and sanctions of regulatory and other authorities as may be necessary.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹152, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 18x in the Infrastructure industry in India. Total returns to shareholders of 100% over the past three years.
New Risk • Apr 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (₹3.43b market cap, or US$40.2m).
Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹132, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 18x in the Infrastructure industry in India. Total returns to shareholders of 89% over the past three years.
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹130, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 19x in the Infrastructure industry in India. Total returns to shareholders of 91% over the past three years.
공시 • Jan 07Markolines Pavement Technologies Limited Announces Resignation of Karan Bora as Executive DirectorMarkolines Pavement Technologies Limited that Mr. Karan Bora (DIN: 08244316) vide his resignation letter dated 7th January, 2025 has tendered resignation from the position of Executive Director of the Company with immediate effect due to personal reasons.
New Risk • Nov 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.0% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (₹4.19b market cap, or US$49.7m).
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₹190, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 24x in the Infrastructure industry in India. Total returns to shareholders of 195% over the past three years.
공시 • Nov 09Markolines Pavement Technologies Limited to Report First Half, 2025 Results on Nov 14, 2024Markolines Pavement Technologies Limited announced that they will report first half, 2025 results on Nov 14, 2024
공시 • Sep 13Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2024Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2024, at 10:00 Indian Standard Time.
New Risk • Sep 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (₹5.08b market cap, or US$60.5m).
Declared Dividend • Sep 09Dividend increased to ₹1.00Dividend of ₹1.00 is 43% higher than last year. Ex-date: 20th September 2024 Payment date: 30th October 2024 Dividend yield will be 0.4%, which is about the same as the industry average. Sustainability & Growth The dividend has increased by an average of 18% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 31% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Sep 06Markolines Pavement Technologies Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024Markolines Pavement Technologies Limited informed that the Board of Directors of the Company in their meeting held on 6th September, 2024. The Company has recommended the final dividend on Equity Shares @10% i.e. INR 1 per Equity Shares of the face value of INR 10 each, for the financial year ended 31st March, 2024; The `Record Date' for determining entitlement of Members to the Final dividend for the financial year ended 31st March, 2024, would be 20th September, 2024.
공시 • Aug 24Markolines Pavement Technologies Limited Approves the Appointment of Cs Vijay Thakkar as Company Secretary & Compliance OfficerMarkolines Pavement Technologies Limited at the board meeting held on 24 August 2024, approved the appointment of CS Vijay Thakkar as Company Secretary & Compliance Officer of the Company with effect from 24 August 2024, on the basis of recommendations received from Nomination and Remuneration Committee of the Company. CS Vijay Thakkar is an Associate Member of Institute of Company Secretaries of India and Bachelor of Commerce from University of Mumbai. He has an experience of 8 years in Secretarial and Compliance function.
Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₹263, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 35x in the Infrastructure industry in India. Total returns to shareholders of 121% over the past year.
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 36%After last week's 36% share price gain to ₹201, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 37x in the Infrastructure industry in India. Total returns to shareholders of 80% over the past year.
New Risk • Jun 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (30% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹2.71b market cap, or US$32.5m).
공시 • May 25+ 1 more updateMarkolines Pavement Technologies Limited Announces Resignation of Parag Jagdale as Company Secretary and Compliance OfficerMarkolines Pavement Technologies Limited announced that Mr. Parag Jagdale, Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company has tendered his resignation from the position of Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company vide his letter dated 26 Mach, 2024 and is relieved from the services of the Company with effect from close of business hours on 24 May, 2024.
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹153, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 38x in the Infrastructure industry in India. Total returns to shareholders of 31% over the past year.
Reported Earnings • Nov 20First half 2024 earnings released: EPS: ₹3.19 (vs ₹3.49 in 1H 2023)First half 2024 results: EPS: ₹3.19 (down from ₹3.49 in 1H 2023). Revenue: ₹1.31b (down 14% from 1H 2023). Net income: ₹60.9m (down 8.8% from 1H 2023). Profit margin: 4.6% (up from 4.4% in 1H 2023). The increase in margin was driven by lower expenses.
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹161, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 19x in the Infrastructure industry in India. Total returns to shareholders of 14% over the past year.
Upcoming Dividend • Sep 14Upcoming dividend of ₹0.70 per share at 0.5% yieldEligible shareholders must have bought the stock before 21 September 2023. Payment date: 30 October 2023. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.7%).
Reported Earnings • Sep 12Full year 2023 earnings released: EPS: ₹8.24 (vs ₹6.08 in FY 2022)Full year 2023 results: EPS: ₹8.24 (up from ₹6.08 in FY 2022). Revenue: ₹3.12b (up 67% from FY 2022). Net income: ₹157.5m (up 56% from FY 2022). Profit margin: 5.0% (down from 5.4% in FY 2022). The decrease in margin was driven by higher expenses.
공시 • Sep 06Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2023Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2023, at 10:00 Indian Standard Time.
Buying Opportunity • Aug 17Now 21% undervaluedOver the last 90 days, the stock is up 3.9%. The fair value is estimated to be ₹164, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 37%.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹149, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 18x in the Infrastructure industry in India. Total returns to shareholders of 40% over the past year.
New Risk • Aug 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (₹2.81b market cap, or US$34.0m).
Buying Opportunity • Jun 27Now 20% undervaluedOver the last 90 days, the stock is up 9.7%. The fair value is estimated to be ₹141, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 37%.
Buying Opportunity • Jun 12Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be ₹143, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 37%.
공시 • May 22Markolines Pavement Technologies Limited Recommends Dividend for the Financial Year Ended March 31, 2023Markolines Pavement Technologies Limited announced that at its board meeting held on May 20, 2023, recommended declaration of a Dividend of 7% on the fully paid-up Equity Shares of INR 10/- each for the financial year ended 31st March 2023, subject to the approval of the Shareholders in the forthcoming Annual General Meeting of the company.
Reported Earnings • May 22Full year 2023 earnings released: EPS: ₹8.24 (vs ₹6.08 in FY 2022)Full year 2023 results: EPS: ₹8.24 (up from ₹6.08 in FY 2022). Revenue: ₹3.12b (up 67% from FY 2022). Net income: ₹157.5m (up 56% from FY 2022). Profit margin: 5.0% (down from 5.4% in FY 2022). The decrease in margin was driven by higher expenses.
공시 • May 14Markolines Pavement Technologies Limited to Report First Half, 2023 Results on May 20, 2023Markolines Pavement Technologies Limited announced that they will report first half, 2023 results on May 20, 2023
Valuation Update With 7 Day Price Move • Mar 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹102, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 27x in the Infrastructure industry in India. Total returns to shareholders of 43% over the past year.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹121, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 29x in the Infrastructure industry in India. Total returns to shareholders of 61% over the past year.
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₹178, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 25x in the Infrastructure industry in India. Total returns to shareholders of 167% over the past year.
Reported Earnings • Nov 19First half 2023 earnings released: EPS: ₹3.49 (vs ₹1.36 in 1H 2022)First half 2023 results: EPS: ₹3.49 (up from ₹1.36 in 1H 2022). Revenue: ₹1.52b (up 100% from 1H 2022). Net income: ₹66.8m (up 157% from 1H 2022). Profit margin: 4.4% (up from 3.4% in 1H 2022). The increase in margin was driven by higher revenue.
Board Change • Nov 16Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Founder, Chairman & MD Sanjay Patil is the most experienced director on the board, commencing their role in 2002. Independent Director Anjali Patil was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improved over the past weekAfter last week's 39% share price gain to ₹185, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 25x in the Infrastructure industry in India. Total returns to shareholders of 145% over the past year.
공시 • Oct 02Markolines Pavement Technologies Limited Declares Final Dividend for the Financial Year Ended 31st March 2022Markolines Pavement Technologies Limited declared the final dividend on Equity Shares of 5% i.e. INR 0.50 (Rupee Fifty Paise) per Equity Shares of the face value of INR 10 each, for the financial year ended 31st March 2022.
Reported Earnings • Sep 14Full year 2022 earnings released: EPS: ₹6.08 (vs ₹2.87 in FY 2021)Full year 2022 results: EPS: ₹6.08 (up from ₹2.87 in FY 2021). Revenue: ₹1.87b (up 18% from FY 2021). Net income: ₹101.1m (up 152% from FY 2021). Profit margin: 5.4% (up from 2.5% in FY 2021). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹159, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 26x in the Infrastructure industry in India.
공시 • Sep 07Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2022Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time.
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₹127, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 21x in the Infrastructure industry in India.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improved over the past weekAfter last week's 27% share price gain to ₹108, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 17x in the Infrastructure industry in India.
Reported Earnings • Jun 05Full year 2022 earnings released: EPS: ₹6.08 (vs ₹3.06 in FY 2021)Full year 2022 results: EPS: ₹6.08 (up from ₹3.06 in FY 2021). Revenue: ₹1.87b (up 18% from FY 2021). Net income: ₹101.1m (up 136% from FY 2021). Profit margin: 5.4% (up from 2.7% in FY 2021). The increase in margin was driven by higher revenue.
공시 • May 31Markolines Pavement Technologies Limited Recommends Dividend for the Financial Year Ended 31 March 2022The Board of Markolines Pavement Technologies Limited recommended a Dividend of 5% (i.e. INR 0.5) on the fully paid-up Equity Shares of INR 10 each of the Company for the financial year ended 31st March 2022, subject to the approval of the Shareholders in the forthcoming Annual General Meeting of the Company.
Valuation Update With 7 Day Price Move • May 25Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹86.75, the stock trades at a trailing P/E ratio of 41.5x. Average trailing P/E is 18x in the Infrastructure industry in India.
공시 • May 24Markolines Pavement Technologies Limited to Report Second Half, 2022 Results on May 30, 2022Markolines Pavement Technologies Limited announced that they will report second half, 2022 results on May 30, 2022
Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₹91.00, the stock trades at a trailing P/E ratio of 43.5x. Average trailing P/E is 20x in the Infrastructure industry in India.
Board Change • Apr 27Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Founder, Chairman & MD Sanjay Patil is the most experienced director on the board, commencing their role in 2002. Independent Director Anjali Patil was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₹92.40, the stock trades at a trailing P/E ratio of 44.2x. Average trailing P/E is 30x in the Infrastructure industry in India.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹73.00, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 26x in the Infrastructure industry in India.
Board Change • Sep 29Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Executive Director Karan Bora is the most experienced director on the board, commencing their role in 2020. Independent Director Anjali Patil was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.