Markolines Pavement Technologies Ltd

Markolines Pavement Technologies Ltd

₹ 218 2.11%
22 Jul 4:01 p.m.
About

Incorporated in 2002, Markolines Pavement Technologies Ltd is in the business of providing highway operations & maintenance services[1]

Key Points

Business Overview:[1][2]
MPTL is in the business of Road Marking offering complete range of Highway Maintenance Services. Company has managed, 20000+ lane km of National Highway in India

  • Market Cap 417 Cr.
  • Current Price 218
  • High / Low 277 / 118
  • Stock P/E 23.7
  • Book Value 53.3
  • Dividend Yield 0.32 %
  • ROCE 26.6 %
  • ROE 20.5 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 46.0% CAGR over last 5 years
  • Company's working capital requirements have reduced from 122 days to 91.4 days

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024
78 79 76 111 152 160 131 216
71 73 68 96 140 144 119 197
Operating Profit 7 6 8 15 12 16 12 19
OPM % 9% 7% 10% 13% 8% 10% 9% 9%
0 0 0 -0 0 0 1 3
Interest 2 2 2 3 2 2 3 3
Depreciation 1 1 2 1 1 1 2 3
Profit before tax 4 2 4 11 9 13 9 17
Tax % 30% 51% 35% 30% 28% 31% 29% 33%
3 1 3 8 7 9 6 11
EPS in Rs 32.85 13.05 1.36 3.93 3.50 4.75 3.19 5.87
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
73 171 158 187 312 347
64 153 144 163 284 316
Operating Profit 9 18 14 23 28 32
OPM % 13% 11% 9% 13% 9% 9%
0 0 -0 0 0 4
Interest 3 5 5 6 4 5
Depreciation 2 3 2 3 2 5
Profit before tax 4 10 7 15 22 25
Tax % 31% 31% 36% 31% 30% 32%
3 7 4 10 16 17
EPS in Rs 288.33 822.65 48.99 5.29 8.24 9.05
Dividend Payout % 0% 0% 0% 9% 8% 0%
Compounded Sales Growth
10 Years: %
5 Years: 37%
3 Years: 30%
TTM: 11%
Compounded Profit Growth
10 Years: %
5 Years: 46%
3 Years: 58%
TTM: 10%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 88%
Return on Equity
10 Years: %
5 Years: 22%
3 Years: 21%
Last Year: 21%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 1 1 1 19 19 19
Reserves 12 19 23 52 67 83
38 37 36 27 31 59
23 33 48 38 72 104
Total Liabilities 73 90 108 136 188 264
12 10 9 9 21 30
CWIP 0 0 0 0 0 0
Investments 0 0 0 0 8 10
61 80 98 127 158 224
Total Assets 73 90 108 136 188 264

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-7 7 9 -20 20 -9
-7 -0 -2 -2 -22 -12
13 -7 -7 22 1 21
Net Cash Flow -0 -0 0 1 -1 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 191 81 103 114 89
Inventory Days 101 94 125 148 271
Days Payable 190 90 147 110 408
Cash Conversion Cycle 102 85 80 152 -48
Working Capital Days 165 87 98 171 102
ROCE % 29% 20% 27% 25%

Shareholding Pattern

Numbers in percentages

Sep 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
73.16% 73.16% 73.16% 73.16% 72.58% 72.18% 72.20% 72.20% 72.20% 71.32% 71.32%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.82% 1.82% 1.82% 1.82%
26.84% 26.84% 26.84% 26.84% 27.42% 27.82% 27.79% 25.98% 25.98% 26.86% 26.86%
No. of Shareholders 1,7841,0017851,0331,1761,4131,5411,7492,0121,8801,974

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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