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 12 cases involving the company, including 6 filed by the company and 1 filed against it; 4 cases are pending.
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.
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- Social Media
- Registered Address502 – A Wing Shree Nand Dhamsec – 11 C B D Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryConstruction, Roads, Railways, Utility Projects
- 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
- One PDF report, delivered after checkout
Business Activity of Markolines Infra Limited
The main business activity of Markolines Infra is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Markolines Infra Limited FY 2025 filings available
Markolines Infra Limited reported revenue of ₹116.39 Cr (up 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Markolines Infra Limited
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 of Markolines Infra Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Markolines Infra Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Markolines Infra are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Markolines Infra Limited
Markolines Infra Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Roads and Bridges). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| E-Suburbs Ways Private Limited | ₹118.33 Cr (FY 2025) | •••• | •••• | 463.0% | •••• | Ambarnath, Maharashtra, India |
| 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 Limited this company | ₹116.39 Cr (FY 2024) | •••• | •••• | 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 |
| Borgaon Watambare Highways Private Limited | ₹115.12 Cr (FY 2022) | •••• | •••• | -44.0% | •••• | Delhi, India |
| Puintola Tollway Private Limited | ₹114.88 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Markolines Infra by revenue in the Infrastructure industry (Roads and Bridges), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in 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.
| 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 7 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 1 Months | Current |
| Mahender Singh | Director | 30 Aug 2024 | 2 Years 1 Months | Current |
| Sharifuddin Shamshuddin Momin | Director | 13 Aug 2024 | 2 Years 1 Months | Current |
Charges & Borrowings of Markolines Infra Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Oct 2025 | Hdfc Bank Limited | ₹35.85 Lakh | Open |
| 07 May 2025 | Others | ₹42.48 Lakh | Open |
| 24 Mar 2025 | Hdfc Bank Limited | ₹16.22 Cr | Open |
| 13 Dec 2024 | Others | ₹1.36 Cr | Open |
| 06 Dec 2024 | Axis Bank Limited | ₹1.06 Cr | Open |
Total charge records: 11 View all charges
Legal Cases of Markolines Infra Limited
Markolines Infra Limited has 12 court cases on record: 6 filed by Markolines Infra, 1 filed against it, 5 where it is another party. 4 cases are pending and 8 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 1 |
| District courts | 4 | 1 | 3 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (ARP) | Filed by the company against Essel Highways Limited | Disposed |
| District court, Motihari, Bihar | Court case (Criminal Complaint Official Sadar) | Filed against the company by State of Bihar | Pending |
| High Court of Karnataka | Appeal | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Company is another party | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against an individual | Pending |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by Markolines Infra Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Markolines Infra Limited
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 |
Employees and EPFO Compliance at Markolines Infra Limited
Employment history and EPFO contributions of people linked to Markolines Infra.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Markolines Infra Limited
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 of Markolines Infra Limited
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 |
Recent Activity on Markolines Infra Limited
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.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Markolines Infra Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Markolines Infra Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Markolines Infra Limited
Markolines Infra has 18 GST registrations: 17 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| 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 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Markolines Infra Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Markolines Infra Limited
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 reported revenue of ₹116.39 Cr for FY 2024 (up 52% YoY).
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
Markolines Infra reported a net profit of ₹10.44 Cr (net margin 9%) and EBITDA of ₹14.93 Cr (EBITDA margin 12.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Markolines Infra is 35% over three years and 15% over five years. In the latest year (FY 2024) revenue rose 52%. CAGR is the steady yearly rate that links the first and the last year.
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 12 court cases on record: 6 filed by the company and 1 filed against it. 4 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 E-Suburbs Ways Private Limited, Kotwa-Muzaffarpur Tollway Private Limited, Patna Bakhtiyarpur Tollway Limited, Nelamangala Devihalli Expressway Private Limited, Dodaballapur Hoskote Highways Limited and 5 more, all in the Infrastructure industry (Roads and Bridges).
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.
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.