Markolines Secures Rs.12.32 Crore Road Maintenance Orders
Filing Summary
Markolines Pavement Technologies Ltd has announced the receipt of multiple work orders totaling Rs.12.32 Crore, inclusive of GST. These orders involve road maintenance projects from various clients, including Thrissur Expressway Ltd and NI Road Infra Pvt. Ltd. The projects are scheduled for completion between January and April 2026. This development adds to Markolines’ unexecuted order book, which stands at over Rs.365 Crore as of November 2025. The company continues to focus on its specialized pavement preservation technologies across national highway and expressway projects.
Markolines Pavement Technologies Ltd has disclosed the receipt of multiple work orders amounting to Rs.12.32 Crore, inclusive of GST. These orders are part of the company’s ongoing efforts to expand its road maintenance projects across India. The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015.
The total value of the work orders is Rs.12.32 Crore. The orders are distributed among several clients, with Thrissur Expressway Ltd contributing Rs.3.92 Crore and NI Road Infra Pvt. Ltd accounting for Rs.5.56 Crore. Additional orders include Rs.96.93 Lacs from Unitics Infrastructure and Technology Pvt. Ltd, Rs.25.22 Lacs from Andhra Pradesh Expressway Pvt. Ltd, and Rs.1.62 Crore from Jawaharlal Nehru Port Authority. These figures are inclusive of GST.
The scope of work involves road maintenance and preservation projects. Markolines specializes in advanced pavement preservation technologies, which are integral to these projects. The company provides a comprehensive suite of services in highway maintenance, including Major Maintenance & Repairs (MMR) and specialized construction activities. The projects are designed to enhance road durability and optimize lifecycle costs for highway operators.
As of November 2025, Markolines’ unexecuted order book stands at over Rs.365 Crore. This reflects sustained demand for the company’s niche road preservation solutions. The company has been at the forefront of introducing technologies such as micro-surfacing, Cold In-Place Recycling (CIPR), and Full Depth Reclamation (FDR) in India.
The timeline for the completion of these projects varies. The work for Thrissur Expressway Ltd and NI Road Infra Pvt. Ltd is expected to be completed by February 2026. The project for Unitics Infrastructure and Technology Pvt. Ltd is scheduled for completion by January 2026, while the Andhra Pradesh Expressway Pvt. Ltd project is set for March 2026. The Jawaharlal Nehru Port Authority project is expected to conclude by April 2026.
Thrissur Expressway Ltd is involved in the development and maintenance of expressways, focusing on enhancing transportation infrastructure. The company collaborates with various stakeholders to deliver efficient road networks.
Markolines Pavement Technologies Ltd, established in 2002, is a leading provider of highway operations and maintenance solutions in India. The company focuses on innovation and execution excellence, offering a wide range of services in highway maintenance. Markolines is recognized for pioneering maintenance techniques and has executed over 5,140 lane kilometers of highway maintenance work across multiple states in India.