MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0038836
Markolines Infra Limited - construction in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹116.39 Cr
▲ 52% YoY
Net profit · FY 2024
₹10.44 Cr
Net margin 9%
EBITDA · FY 2024
₹14.93 Cr
EBITDA margin 12.8%
Authorised capital
₹23 Cr
Registered with MCA
Paid-up capital
₹14.2 Cr
Issued & subscribed
Open charges
₹25.16 Cr
Satisfied ₹10.32 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
2,808
Provident fund records
About Markolines Infra Limited
Data last updated:
Markolines Infra Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the roads segment of the construction sector. It was incorporated on 18 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45209MH2005PLC151429. Its GSTIN is 27AAECM1763H1ZG (Maharashtra). The company holds 18 GST registrations, of which 17 are active.
The company has an authorised share capital of ₹23 Cr and a paid-up capital of ₹14.2 Cr. It was formerly known as Markoline Infra Private Limited and Markolines Infra Private Limited. It is led by directors including Sanjay Patil Bhanudas (Managing Director) and Ramveer Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 502 – A Wing Shree Nand Dhamsec – 11 C B D Belapur, Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2024, the company reported a revenue of ₹116.39 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹10.44 Cr (net margin 9%) and EBITDA of ₹14.93 Cr (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 15% over five years.
The company has about 2,808 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Markolines. As per MCA filings, the company has open charges of ₹25.16 Cr and satisfied charges of ₹10.32 Cr on record. Court records list 15 cases involving the company, including 8 filed by the company and 7 filed against it; 6 cases are pending.
Markolines Infra Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0038836). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website markolines.com.
Company details
CIN U45209MH2005PLC151429
Registration Number 151429
Incorporation Date 18 February 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0038836
Name history
Markolines Infra has undergone 3 name changes throughout its history. The company was previously known as Markoline Infra Private Limited, Markolines Infra Private Limited, and Markoline Traffic Systems Private Limited. The current legal name is Markolines Infra Limited.
| Company Name | Status |
|---|---|
| Markolines Infra Limited | Current |
| Markoline Infra Private Limited | Previous |
| Markolines Infra Private Limited | Previous |
| Markoline Traffic Systems Private Limited | Previous |
CIN history
Markolines Infra has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45209MH2005PLC151429, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45209MH2005PLC151429 | Current |
| U74999MH2005PTC151429 | Previous |
| U45209MH2005PTC151429 | Previous |
Key People
Sanjay Patil Bhanudas Managing Director Ramveer Singh Director Kirtinandini Sanjay Patil Additional Director Recognitions & Rankings of Markolines Infra
Contact details
Markolines Infra Limited's registered office is in Navi Mumbai, Maharashtra.
- Social Media
- Registered Address502 – A Wing Shree Nand Dhamsec – 11 C B D Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryConstruction, Roads, Railways, Utility Projects
Comprehensive company report
Markolines Infra Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Markolines Infra operates one associated brand: Markolines. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Road infrastructure development is undertaken by Markolines in India. | markolines.com |
Business activity
The main business activity of Markolines Infra is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Markolines Infra Limited, buy the company report.
Financials of Markolines Infra Limited
FY 2025 filings availableMarkolines Infra Limited reported revenue of ₹116.39 Cr (up 52% YoY) for FY 2024.
Revenue · FY 2024
₹116.39 Cr ▲ 52%
Net profit · FY 2024
₹10.44 Cr margin 9%
EBITDA · FY 2024
₹14.93 Cr margin 12.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 35%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 155%
3 years · compounded
▲ 51%
5 years · compounded
▲ 40%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 52% growth in the latest year. EBITDA rose 155% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹14.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.44 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.8% | ||||
| Net Profit Margin | 9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Markolines Infra Limited, buy the company report.
Board of directors of Markolines Infra Limited
Markolines Infra has 6 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Patil Bhanudas Also directs: Uniqueuhpc Markolines LLP, West Port Utility Services LLP, Markolines Pavement Technologies Limited and 1 more | Managing Director | 18 Feb 2005 | 21 Years 8 Months | Current |
| Ramveer Singh | Director | 01 Jul 2024 | 2 Years 3 Months | Current |
| Kirtinandini Sanjay Patil Also directs: Markolines Pavement Technologies Limited | Additional Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Anjali Shivaji Patil Also directs: Markolines Pavement Technologies Limited, G M Polyplast Limited, Vision Infra Equipment Solutions Limited and 1 more | Director | 13 Aug 2024 | 2 Years 2 Months | Current |
| Mahender Singh | Director | 30 Aug 2024 | 2 Years 2 Months | Current |
| Sharifuddin Shamshuddin Momin | Director | 13 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Markolines Infra Limited is compared with the 8 companies closest to it by revenue in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kotwa-Muzaffarpur Tollway Private Limited | ₹117.68 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Patna Bakhtiyarpur Tollway Limited | ₹116.74 Cr (FY 2025) | 4.0% | Hyderabad, Telangana, India | |||
| Nelamangala Devihalli Expressway Private Limited | ₹116.6 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Dodaballapur Hoskote Highways Limited | ₹116.47 Cr (FY 2025) | -56.0% | Bhopal, Madhya Pradesh, India | |||
| Markolines Infra Limitedthis company | ₹116.39 Cr (FY 2024) | ₹10.44 Cr | 9% | 52.0% | Navi Mumbai, Maharashtra, India | |
| Raj Path Infracon Nh-544G Pkg-3 Private Limited | ₹116.16 Cr (FY 2025) | 108358.0% | Pune, Maharashtra, India | |||
| Montecarlo Hubli Haveri Highway Private Limited | ₹115.65 Cr (FY 2025) | 25.0% | Ahmedabad, Gujarat, India | |||
| Madurai-Kanyakumari Tollway Private Limited | ₹115.6 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Puintola Tollway Private Limited | ₹114.88 Cr (FY 2025) | 11.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Markolines Infra Limited, buy the company report.
Charges & borrowings
Open charges
₹25.16 Cr
Satisfied charges
₹10.32 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2025 | 101207875 | Hdfc Bank Limited | ₹35.85 Lakh | Open | |
| 07 May 2025 | 101102003 | Others | ₹42.48 Lakh | Open | |
| 24 Mar 2025 | 101065257 | Hdfc Bank Limited | ₹16.22 Cr | Open | |
| 13 Dec 2024 | 101023049 | Others | ₹1.36 Cr | Open | |
| 06 Dec 2024 | 101016325 | Axis Bank Limited | ₹1.06 Cr | Open |
To see the full charge records of Markolines Infra Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Markolines Infra Limited has 15 court cases on record: 8 filed by Markolines Infra, 7 filed against it. 6 cases are pending and 9 are disposed.
Total cases
15
Filed by the company
8
Filed against the company
7
Pending
6
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 5 | 3 |
| District courts | 4 | 2 | 3 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed by the company against Bangalore Elevated Toll Way Private Limited and 1 other | Pending |
| High Court, MAHARASHTRA | Court case (ARP) | Filed by the company against Essel Highways Limited | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed against the company by Ulundurpet Expressways Pvt Ltd., | Disposed |
| District court, Motihari, Bihar | Court case (Criminal Complaint Official Sadar) | Filed against the company by State of Bihar Through Ashish Kumar Gupta | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company | Pending |
To see the full case history of Markolines Infra Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Markolines Infra Limited was last rated by Indiarating on 29 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 29 Nov 2021 |
To see the full credit ratings and regulatory alerts of Markolines Infra Limited, buy the company report.
MSME payment delays
Markolines Infra Limited has 2 MSME Form 1 returns on record between 2019 and 2024, listing 62 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Lakshmi Fuels | |||
| an individual supplier |
To see the full MSME payment records of Markolines Infra Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Markolines Infra has 18 GST registrations: 17 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
18
Active
17
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM1763H1ZG | Maharashtra | Active | 01 Jul 2017 |
| 27AAECM1763H2ZF | Maharashtra | Active | 01 Nov 2017 |
| 06AAECM1763H1ZK | Haryana | Active | 01 Jul 2017 |
| 08AAECM1763H1ZG | Rajasthan | Active | 18 Oct 2017 |
To see the full GST registrations and return filing status of Markolines Infra Limited, buy the company report.
Recent activity
Markolines Infra Limited has 19 board changes on record since 2005: 6 appointments and 13 cessations. The latest: Vijay Mukesh Thakkar ceased to be Company Secretary on 13 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.36 Cr with Charge ID 101207875 was registered on 07 Oct 2025.
AGM
Markolines Infra Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 16.22 Cr registered on 24 Mar 2025 with Charge ID 101065257 was modified on 29 Aug 2025.
Ceased
Vijay Mukesh Thakkar ceased to be Company Secretary.
Charges
A charge with Others amounted to Rs. 0.42 Cr with Charge ID 101102003 was registered on 07 May 2025.
Appointed
Kirtinandini Sanjay Patil was appointed as Additional Director.
Filing
Markolines Infra Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.22 Cr with Charge ID 101065257 was registered on 24 Mar 2025.
Charges
A charge registered on 30 Dec 2020 via Charge ID 100405441 with Others was fully satisfied on 29 Jan 2025.
Charges
A charge registered on 25 Mar 2022 via Charge ID 100593234 with Others was fully satisfied on 09 Jan 2025.
Charges
A charge registered on 21 Nov 2013 via Charge ID 10467083 with Oriental Bank Of Commerce was fully satisfied on 09 Jan 2025.
Charges
A charge with Others amounted to Rs. 1.36 Cr with Charge ID 101023049 was registered on 13 Dec 2024.
25 earlier events are in the company report.
News
Frequently asked questions
Markolines Infra is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in roads, within the construction industry. It was incorporated on 18 February 2005 (21+ years old) and is registered under CIN U45209MH2005PLC151429.
Markolines Infra has 6 current directors:
- Sanjay Patil Bhanudas - Managing Director
- Ramveer Singh - Director
- Kirtinandini Sanjay Patil - Additional Director
- Anjali Shivaji Patil - Director
- Mahender Singh - Director
- Sharifuddin Shamshuddin Momin - Director
The latest financial statements of Markolines Infra on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Markolines Infra is 27AAECM1763H1ZG, registered in Maharashtra. The company has 18 GST registrations in all, of which 17 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAECM1763H2ZF (Maharashtra), 06AAECM1763H1ZK (Haryana), 08AAECM1763H1ZG (Rajasthan).
The CIN (Corporate Identification Number) of Markolines Infra is U45209MH2005PLC151429. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Markolines Infra has 15 court cases on record: 8 filed by the company and 7 filed against it. 6 are pending. Most are in the high courts.
Markolines Infra was incorporated on 18 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Markolines Infra by revenue are Kotwa-Muzaffarpur Tollway Private Limited, Patna Bakhtiyarpur Tollway Limited, Nelamangala Devihalli Expressway Private Limited, Dodaballapur Hoskote Highways Limited, Raj Path Infracon Nh-544G Pkg-3 Private Limited and 3 more, all in the Infrastructure industry (Roads and Bridges), with the same principal business activity (roads, railways, utility projects).
Vijay Mukesh Thakkar ceased to be Company Secretary on 13 Jun 2025. Kirtinandini Sanjay Patil was appointed as Additional Director on 01 Apr 2025. Mahender Singh ceased to be Additional Director on 03 Sep 2024. Markolines Infra has 19 board changes on record in total.
Yes, Markolines Infra is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0038836).
Markolines Infra has 2 MSME Form 1 returns on record between 2019 and 2024, listing 62 overdue payments to 15 micro and small suppliers. The latest return was filed on 06 May 2024.
Markolines Infra can be reached through the website markolines.com. Its registered office is in Navi Mumbai, Maharashtra, India.
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