Board Change • Aug 04
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Vaishali Tarsariya was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Jul 22
Markolines Pavement Technologies Limited Announces Resignation of Akash Manohar Phatak from Independent Director and All Committees of the Board of Directors, Effective August 1, 2026 Markolines Pavement Technologies Limited had received a resignation letter dated July 19, 2026 from Mr. Akash Manohar Phatak (DIN: 09288697), Independent Director of the Company. Mr. Akash Manohar Phatak tendered his resignation from the position of Independent Director and all Committees of the Board of Directors of Markolines Pavement Technologies Limited, with effect from the close of business hours on August 1, 2026, due to other commitments. Mr. Akash Manohar Phatak confirmed in his resignation letter that there is no other material reason for his resignation other than the reason mentioned therein. The Company stated that Mr. Akash Manohar Phatak does not hold directorships in any other listed entities. New Risk • May 27
New major risk - Financial position The 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 27
Full 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. Aankondiging • May 21
Markolines Pavement Technologies Limited to Report Q4, 2026 Results on May 26, 2026 Markolines Pavement Technologies Limited announced that they will report Q4, 2026 results on May 26, 2026 Reported Earnings • Feb 16
Third 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. Aankondiging • Feb 10
Markolines Pavement Technologies Limited to Report Q3, 2026 Results on Feb 14, 2026 Markolines 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 05
Investor 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. Aankondiging • Nov 11
Markolines Pavement Technologies Limited to Report First Half, 2026 Results on Nov 14, 2025 Markolines Pavement Technologies Limited announced that they will report first half, 2026 results on Nov 14, 2025 Aankondiging • Oct 01
Markolines Pavement Technologies Limited Declares Final Dividend for the Financial Year Ended March 31St March 2025 Markolines 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 10
Dividend increased to ₹1.50 Dividend 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. Aankondiging • Sep 08
Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2025 Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2025, at 11:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 22
Investor 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 15
First 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. Aankondiging • Aug 11
Markolines Pavement Technologies Limited to Report Q1, 2026 Results on Aug 14, 2025 Markolines Pavement Technologies Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Valuation Update With 7 Day Price Move • Jul 28
Investor 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 16
Investor 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. Aankondiging • May 12
Markolines Pavement Technologies Limited to Report Second Half, 2025 Results on May 15, 2025 Markolines Pavement Technologies Limited announced that they will report second half, 2025 results on May 15, 2025 New Risk • May 12
New major risk - Share price stability The 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). Aankondiging • Apr 23
Markolines 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 08
Investor 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 03
New minor risk - Share price stability The 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 25
Investor 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 14
Investor 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. Aankondiging • Jan 07
Markolines Pavement Technologies Limited Announces Resignation of Karan Bora as Executive Director Markolines 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 25
New minor risk - Share price stability The 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 25
Investor 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. Aankondiging • Nov 09
Markolines Pavement Technologies Limited to Report First Half, 2025 Results on Nov 14, 2024 Markolines Pavement Technologies Limited announced that they will report first half, 2025 results on Nov 14, 2024 Aankondiging • Sep 13
Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2024 Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2024, at 10:00 Indian Standard Time. New Risk • Sep 09
New minor risk - Shareholder dilution The 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 09
Dividend increased to ₹1.00 Dividend 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. Aankondiging • Sep 06
Markolines Pavement Technologies Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024 Markolines 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. Aankondiging • Aug 24
Markolines Pavement Technologies Limited Approves the Appointment of Cs Vijay Thakkar as Company Secretary & Compliance Officer Markolines 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 26
Investor 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 26
Investor 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 01
New minor risk - Financial data availability The 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). Valuation Update With 7 Day Price Move • Apr 03
Investor 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 20
First 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 22
Investor 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 14
Upcoming dividend of ₹0.70 per share at 0.5% yield Eligible 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 12
Full 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. Aankondiging • Sep 06
Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2023 Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2023, at 10:00 Indian Standard Time. Buying Opportunity • Aug 17
Now 21% undervalued Over 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 03
Investor 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 02
New minor risk - Share price stability The 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 27
Now 20% undervalued Over 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 12
Now 21% undervalued after recent price drop Over 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%. Aankondiging • May 22
Markolines Pavement Technologies Limited Recommends Dividend for the Financial Year Ended March 31, 2023 Markolines 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 22
Full 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. Aankondiging • May 14
Markolines Pavement Technologies Limited to Report First Half, 2023 Results on May 20, 2023 Markolines Pavement Technologies Limited announced that they will report first half, 2023 results on May 20, 2023 Valuation Update With 7 Day Price Move • Mar 30
Investor 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 16
Investor 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 30
Investor sentiment improved over the past week After 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 19
First 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 16
Less than half of directors are independent There 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 10
Investor sentiment improved over the past week After 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. Aankondiging • Oct 02
Markolines Pavement Technologies Limited Declares Final Dividend for the Financial Year Ended 31st March 2022 Markolines 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 14
Full 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 09
Investor sentiment improved over the past week After 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. Aankondiging • Sep 07
Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2022 Markolines Pavement Technologies Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After 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 09
Investor sentiment improved over the past week After 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 05
Full 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. Aankondiging • May 31
Markolines Pavement Technologies Limited Recommends Dividend for the Financial Year Ended 31 March 2022 The 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 25
Investor sentiment deteriorated over the past week After 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. Aankondiging • May 24
Markolines Pavement Technologies Limited to Report Second Half, 2022 Results on May 30, 2022 Markolines Pavement Technologies Limited announced that they will report second half, 2022 results on May 30, 2022 Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After 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 27
Less than half of directors are independent There 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 13
Investor sentiment improved over the past week After 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 14
Investor sentiment improved over the past week After 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 29
Less than half of directors are independent There 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.