Markolines

Mumbai, India Founded: 2002 • Age: 24 yrs Listed
Road infrastructure development is undertaken by Markolines in India.

About Markolines

Markolines is a company based in Mumbai (India) founded in 2002 by Vijay Oswal. The company has 292 employees. Markolines operates in a competitive market with competitors including Transurban, Construction Partners, American Track, Highway Concessions One Private and Colas, among others.

  • Headquarter Mumbai, India
  • Employees 292
  • Founders Vijay Oswal
  • Stage Public
  • Sectors
    Real Estate & Construction
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website markolines.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Markolines Pavement Technologies Limited
Key Metrics
  • Annual Revenue
    ₹313 Cr

    FY 2025 · -11% YoY

  • Net Profit
    ₹22.56 Cr

    FY 2025 · 7% margin

  • EBITDA
    ₹43.49 Cr

    FY 2025 · 14% margin

  • Employee Count
    292

Apps and channels of Markolines

its YouTube channel Markolines Pavement Technologies Limited has 31 subscribers and 3 videos.

Markolines Pavement Technologies Limited
YouTube 31 subscribers 3 videos Science & Technology
Open channel

Videos from Markolines

The most watched videos on Markolines's YouTube channel, Markolines Pavement Technologies Limited (31 subscribers). Click a video to play it here.

Markolines के 20 साल का लंबा सफर Markolines के Founder और CFO Vijay R Oswal Made In India mp4
269 views
Microsurfacing on Palm Beach Road
223 views
Blood Donation Camp
100 views

More on Markolines Pavement Technologies Limited.

Board of directors of Markolines Pavement Technologies Limited (Markolines)

Markolines Pavement Technologies Limited is the primary company behind Markolines. The boards of the 3 registered companies of Markolines currently have 10 directors; the longest-serving is Sanjay Patil Bhanudas, appointed in 2002. 31 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sanjay Patil Bhanudas
DIN 00229052
Managing Director08 Nov 200223 yrs 11 moMarkolines Pavement Technologies Limited, Markolines Technologies Private Limited, Markolines Infra Limited
Anjali Shivaji Patil
DIN 02136528
Director17 Aug 20215 yrs 1 moMarkolines Pavement Technologies Limited, Markolines Infra Limited
Kirtinandini Sanjay Patil
DIN 09288282
Director20 Aug 20215 yrs 1 moMarkolines Pavement Technologies Limited, Markolines Infra Limited
Akash Manohar Phatak
DIN 09288697
Director20 Aug 20215 yrs 1 moMarkolines Pavement Technologies Limited
Ramveer Singh
DIN 10635892
Director01 Jul 20242 yrs 3 moMarkolines Infra Limited
Sharifuddin Shamshuddin Momin
DIN 10729613
Director13 Aug 20242 yrs 1 moMarkolines Infra Limited
Mahender Singh
DIN 10753539
Director30 Aug 20242 yrs 1 moMarkolines Infra Limited
Praveen Sevantilal Panchal
DIN 10895449
Director07 Jan 20251 yr 9 moMarkolines Pavement Technologies Limited
Saphala Vijay Oswal
DIN 10229575
Director31 Mar 20251 yr 6 moMarkolines Technologies Private Limited
Vaishali Dipen Tarsariya
DIN 10435220
Director08 Apr 20251 yr 6 moMarkolines Pavement Technologies Limited

People of Markolines

1 people are tracked at Markolines (1 in leadership); the tracked headcount is 292.

NameRoleGroup
Co-FounderLeadership
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IPO & Listings of Markolines

Markolines is a publicly listed company on the BSE with ticker symbol MARKOLINES in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date27 Sep 2021
  • Listed onBSE: 543364
  • Listed entityMarkolines Pavement Technologies Limited
  • Exchange sectorIndustrial services
  • ISININE0FW001016
  • Share price₹165.95 (+3.23% on the day) · 2026-05-11
  • Market capitalisation₹354 Cr
  • Price to earnings13.8
  • Dividend yield0.93%
  • Volume (last session)99,496
  • Analyst consensusNo rating

Financials of Markolines

Figures of Markolines Pavement Technologies Limited, the primary company behind Markolines, for FY 2025. Revenue was ₹313 Cr (-11% year on year). Net profit was ₹22.56 Cr (7% margin). EBITDA was ₹43.49 Cr (14% margin). Revenue has grown at a compounded annual rate of +19% over three years and +13% over five years.

  • ₹313 CrRevenue · FY 2025 · -11% YoY
  • ₹22.56 CrNet profit · 7% margin
  • ₹43.49 CrEBITDA · 14% margin
  • ₹22.04 CrPaid-up capital
  • 654Employees (provident fund records)
  • +19%Revenue CAGR, 3 years
  • +13%Revenue CAGR, 5 years
Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025₹348 Cr₹26.2 Cr₹41.0 Cr
2024₹307 Cr₹22.7 Cr₹38.7 Cr
2023₹347 Cr₹17.3 Cr₹32.5 Cr
2022₹312 Cr₹15.7 Cr₹27.3 Cr
2021₹187 Cr₹10.1 Cr₹22.8 Cr

Balance sheet, profit and loss, cash flow and ratios of Markolines Pavement Technologies Limited are on its company page.

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Competitors of Markolines

Markolines operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Transurban, Construction Partners, American Track, Highway Concessions One Private and Colas, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
transurban.com1995Melbourne, Australia–1,500
Road infrastructure development and management services are provided internationally.
constructionpartners.net2001Dothan, United States––
Provider of construction services
americantrack.com2021Fort Worth, United States–231
Railroad infrastructure development services are provided by American Track.
highwayconcessions.com2010Mumbai, India–19
Highway concessions are invested in, operated, and managed across India.
colas.com1929Paris, France––
Road infrastructure development services are provided worldwide.
itnlindia.com2000Mumbai, India$21.52M151
Developer and operator of transportation infrastructure projects, including highways and tunnels
grinfra.com1995Udaipur, India$17.47M16,157
EPC provider for infrastructure projects and manufacturer of related materials
smec.com1970Brisbane, Australia––
Provider of road infrastructure development services
fccco.com1900Madrid, Spain––
Developer of highways infrastructure
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Detailed competitors of Markolines

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Latest news on Markolines

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Similar companies to Markolines

10 companies that operate in the same segment as Markolines (Real Estate Developers & Builders), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Sustainable infrastructure solutions in renewable energy are developed and managed.
1931Alcobendas, Comunidad De Madrid, Spain–USD 1.9 M44
Provider of real estate development properties
1997Dubai, Dubai, United Arab EmiratesUSD 98.03 M––
Developer of luxury residential properties
1992Mumbai, Maharashtra, IndiaUSD 160.33 MUSD 55.39 M1,046
Residential and commercial properties are developed by Godrej Properties.
1990Mumbai, Maharashtra, India–USD 546.88 M6,030
Real Estate Investment trust providing investment brokerage services.
1971Reno, Nevada, United States–USD 755.16 M897
Premium residential building development services are provided.
1980Mumbai, Maharashtra, IndiaUSD 152.4 MUSD 658.36 M1,480
Real estate development services are provided in India.
1999Gurugram, Haryana, IndiaUSD 14.83 M––
Real estate development and management services are offered by Vingroup.
1993Hanoi, Vietnam––367
Electricity transmission utility projects are developed and supplied.
2008Mumbai, Maharashtra, IndiaUSD 19.85 MUSD 730.41 M2,300
Commercial property development services are provided in India.
1978Hyderabad, Telangana, India–USD 2.22 B31,410
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Frequently Asked Questions about Markolines

Markolines was founded in 2002.

Markolines is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Markolines has 292 employees.

The primary company behind Markolines, Markolines Pavement Technologies Limited, reported revenue of ₹313 Cr for FY 2025, down 11% year on year.

Markolines was founded in 2002 in Mumbai, India, with Vijay Oswal serving as co-founder. Operations are centered on the infrastructure sector, where road development projects are executed. Services include construction and management of roadways, primarily within Indian regions. The headquarters in Mumbai supports coordination of these activities across the country.

Markolines's top competitors include Construction Partners, Transurban and Highway Concessions One Private.

Yes, Markolines is publicly traded on BSE under the ticker symbol MARKOLINES.

Markolines is associated with 3 legal entities: Markolines Pavement Technologies Limited, Markolines Technologies Private Limited, Markolines Infra Limited.

The legal entities of Markolines currently have 14 directors, including Sanjay Patil Bhanudas, Vaishali Dipen Tarsariya, Kirtinandini Sanjay Patil and others.

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