Markolines Pavement Technologies Ltd
Incorporated in 2002, Markolines Pavement Technologies Ltd is in the business of providing highway operations & maintenance services[1]
- Market Cap ₹ 396 Cr.
- Current Price ₹ 180
- High / Low ₹ 278 / 124
- Stock P/E 24.9
- Book Value ₹ 72.1
- Dividend Yield 0.56 %
- ROCE 22.3 %
- ROE 18.7 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 46.0% CAGR over last 5 years
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.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Miscellaneous
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 73 | 171 | 158 | 187 | 312 | 347 | 322 | |
| 64 | 153 | 144 | 163 | 284 | 316 | 292 | |
| Operating Profit | 9 | 18 | 14 | 23 | 28 | 32 | 30 |
| OPM % | 13% | 11% | 9% | 13% | 9% | 9% | 9% |
| 0 | 0 | -0 | 0 | 0 | 4 | 5 | |
| Interest | 3 | 5 | 5 | 6 | 3 | 5 | 6 |
| Depreciation | 2 | 3 | 2 | 3 | 2 | 5 | 6 |
| Profit before tax | 4 | 10 | 7 | 15 | 22 | 25 | 23 |
| Tax % | 31% | 31% | 36% | 31% | 30% | 32% | |
| 3 | 7 | 4 | 10 | 16 | 17 | 16 | |
| EPS in Rs | 252.00 | 719.00 | 42.80 | 4.57 | 7.13 | 7.83 | 7.09 |
| Dividend Payout % | 0% | 0% | 0% | 9% | 8% | 11% |
| 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: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 37% |
| 1 Year: | 23% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 20% |
| Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.87 | 0.87 | 0.87 | 19 | 19 | 19 | 22 |
| Reserves | 12 | 19 | 23 | 52 | 67 | 83 | 137 |
| 38 | 37 | 36 | 27 | 31 | 59 | 56 | |
| 23 | 33 | 48 | 38 | 72 | 104 | 68 | |
| Total Liabilities | 73 | 90 | 108 | 136 | 188 | 264 | 283 |
| 12 | 10 | 9 | 9 | 21 | 29 | 34 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 8 | 10 | 15 |
| 61 | 80 | 98 | 127 | 158 | 224 | 233 | |
| Total Assets | 73 | 90 | 108 | 136 | 188 | 264 | 283 |
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 | 127 |
| Inventory Days | 101 | 94 | 125 | 148 | 271 | 76 |
| Days Payable | 190 | 90 | 147 | 110 | 408 | 188 |
| Cash Conversion Cycle | 102 | 85 | 80 | 152 | -48 | 15 |
| Working Capital Days | 165 | 87 | 98 | 171 | 102 | 126 |
| ROCE % | 29% | 20% | 27% | 24% | 22% |
Documents
Announcements
- Statement Of No Deviation Or No Variation In Utilization Of Funds Raised Through Issuance Of Equity Shares And Convertible Warrants On Preferential Basis, From The Objects For Which It Was Raised, For Half Year Ended 30 September 2024. 4m
- Considered & Approved The Unaudited Consolidated And Standalone Financial Results Along With Statement Of Assets And Liabilities And The Limited Review Report For The Half Year Ended 30Th September, 2024 As Recommended By Audit Committee. 20h
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Board Meeting Outcome for Considered & Approved Unaudited Consolidated & Standalone Financial Results Along With Statement Of Assets & Liabilities And Limited Review Report For Half Year Ended 30Th September 2024 As Recommended By Audit Committee.
20h - Standalone and consolidated financial results for H1 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2d - Outcome of analyst meeting with no sensitive information.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
12 Nov - Schedule of Analyst/Investor Meeting on November 12, 2024.
Annual reports
Concalls
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Jun 2024Transcript PPT
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Nov 2023Transcript PPT
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Jul 2023TranscriptNotesPPT
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Dec 2022TranscriptNotesPPT
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Jun 2022TranscriptNotesPPT
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