Is Markolines Pavement Technologies a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Markolines Pavement Technologies Ltd is a average quality company .

Is Markolines Pavement Technologies undervalued or overvalued?

The key valuation ratios of Markolines Pavement Technologies Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Markolines Pavement Technologies share price return in the past 10 years?

Data is not available for this company

Is Markolines Pavement Technologies a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Markolines Pavement Technologies Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Markolines Pavement Technologies?

The latest standalone P/E ratio of Markolines Pavement Technologies as of 20-Dec-2024 is 21.23.

What is the P/B ratio of Markolines Pavement Technologies?

The latest standalone P/B ratio of Markolines Pavement Technologies as of 20-Dec-2024 is 2.46.

What is the 52-week high and low of Markolines Pavement Technologies?

The 52-week high of Markolines Pavement Technologies is Rs. 277.90 and the 52-week low is Rs. 124.00.

Markolines Pavement Technologies Ltd - Stock Valuation and Financial Performance

Name: Markolines Pavement Technologies
Brand: Markolines Pavement Technologies

BSE: 543364 | NSE: | Engineering - Construction | Small Cap

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Markolines Pave Tech Share Price

₹166.95 -11.05 -6.21%
as on 20-Dec'24 16:59

10 Year X-Ray of Markolines Pave Tech:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	13.6%	28.9%	19%	26.3%	24%	22%	-
Value Creation Index ⓘ	0.0	1.1	0.4	0.9	0.7	0.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	73.2	171	158	187	312	347	347
Sales YoY Gr.	-	133.8%	-7.8%	18.3%	67.1%	11.4%	-
Adj EPS ⓘ	2	5.6	3	5.3	8.2	9	7.9
YoY Gr.	-	174.8%	-45.2%	75%	54.9%	9.7%	-
BVPS (₹) ⓘ	9.8	15.2	18.8	37.2	44.9	53.3	68
Adj Net Profit ⓘ	2.7	7.3	4	10.1	15.7	17.3	17
Cash Flow from Ops. ⓘ	-6.7	6.8	1.1	-19.6	20.1	-9	-
Debt/CF from Ops. ⓘ	-5.6	5.5	31.4	-1.4	1.5	-6.6	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	36.5%	30.1%	11.4%
Adj EPS ⓘ	NA	35%	43.8%	9.7%
BVPSⓘ	NA	40.4%	41.5%	18.6%
Share Price	-	-	39.4%	24.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	20.7	44.4	17.9	21.1	20.1	18.4	13
Op. Profit Mgn % ⓘ	12.6	10.5	8.6	12.5	8.9	9.2	NAN
Net Profit Mgn % ⓘ	3.6	4.3	2.6	5.4	5.1	5	5
Debt to Equity ⓘ	2.9	1.9	1.4	0.4	0.4	0.6	-
Working Cap Days ⓘ	0	150	205	217	165	200	0
Cash Conv. Cycle ⓘ	0	70	80	74	52	63	0

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 30.10%

Net Profit is growing at healthy rate in last 3 years 43.80%

Return on Equity has declined versus last 3 years average to 13.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Markolines Pavement Technologies Ltd.

	Standalone	Consolidated
TTM EPS (₹)	7.9	7.9
TTM Sales (₹ Cr.)	347	347
BVPS (₹.) ⓘ	68	68
Reserves (₹ Cr.) ⓘ	128	128
P/BV ⓘ	2.46	2.46
PE ⓘ	21.23	21.23

From the Market
52 Week Low / High (₹)	124.00 / 277.90
All Time Low / High (₹)	50.00 / 277.90
Market Cap (₹ Cr.)	367
Equity (₹ Cr.)	22
Face Value (₹)	10
Industry PE ⓘ	37.9

Management X-Ray of Markolines Pave Tech:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

1.43

1.44

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Markolines Pave Tech

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Markolines Pave Tech

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	73	171	158	187	312	347
Operating Expenses ⓘ	64	153	144	163	284	316
Manufacturing Costs	21	50	34	23	93	118
Material Costs	27	66	55	35	32	110
Employee Cost	7	24	31	39	42	22
Other Costs ⓘ	9	13	24	67	118	66
Operating Profit ⓘ	9	18	14	23	28	32
Operating Profit Margin (%)	12.3%	10.5%	8.6%	12.5%	8.9%	9.1%
Other Income ⓘ	0	0	0	0	1	4
Interest ⓘ	3	5	5	6	3	5
Depreciation ⓘ	2	3	2	3	2	5
Exceptional Items ⓘ	0	0	0	0	0	0
Profit Before Tax ⓘ	4	10	6	15	22	25
Tax ⓘ	1	3	2	5	7	8
Profit After Tax	3	7	4	10	16	17
PAT Margin (%)	3.4%	4.2%	2.5%	5.4%	5.0%	5.0%
Adjusted EPS (₹)	1.9	5.5	3.0	5.3	8.2	9.1
Dividend Payout Ratio (%)	0%	0%	0%	9%	8%	11%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	13	20	25	71	86	102
Share Capital ⓘ	1	1	1	19	19	19
Reserves ⓘ	12	19	24	52	67	83
Minority Interest	0	0	0	0	0	0
Debt	33	31	28	22	24	51
Long Term Debt	20	19	16	14	15	20
Short Term Debt	13	12	11	9	9	31
Trade Payables	14	16	22	10	35	57
Others Liabilities ⓘ	14	22	33	31	42	54
Total Liabilities ⓘ	73	90	108	135	187	264
Fixed Assets
Gross Block	17	18	20	21	34	48
Accumulated Depreciation	5	8	10	12	14	19
Net Fixed Assetsⓘ	12	10	10	9	21	29
CWIP ⓘ	0	0	0	0	0	1
Investmentsⓘ	0	0	0	0	8	10
Inventories	7	17	19	14	24	23
Trade Receivables	38	38	44	58	76	121
Cash Equivalents	0	0	0	2	0	0
Others Assetsⓘ	15	25	34	52	58	79
Total Assets ⓘ	73	90	108	135	187	264

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-7	7	1	-20	20	-9
PBT ⓘ	4	10	6	15	22	25
Adjustment ⓘ	6	8	7	8	5	5
Changes in Working Capital ⓘ	-16	-11	-12	-42	-7	-39
Tax Paid ⓘ	0	0	0	0	0	0
Cash Flow From Investing Activity ⓘ	-7	0	-2	-2	-22	-12
Capex	-7	-1	-2	-2	-14	-14
Net Investments	0	0	0	0	-8	-2
Others ⓘ	0	0	0	0	1	4
Cash Flow From Financing Activityⓘ	13	-7	0	22	1	21
Net Proceeds from Shares ⓘ	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	13	0	-3	-3	1	6
Interest Paid ⓘ	-3	-5	-4	-5	-3	-5
Dividend Paid ⓘ	0	0	0	0	0	-1
Others ⓘ	4	-1	8	31	3	21
Net Cash Flow ⓘ	0	0	0	1	-1	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	19.51	43.6	17.89	21.09	20.08	18.45
ROCE (%)	13.6	28.94	18.99	26.25	23.97	22.02
Asset Turnover Ratio	1	2.1	1.6	1.54	1.94	1.54
PAT to CFO Conversion(x)	-2.33	1	0.25	-2	1.25	-0.53
Working Capital Days
Receivable Days	190	81	96	101	79	104
Inventory Days	37	26	42	32	22	24
Payable Days	190	84	127	173	264	153

Markolines Pavement Technologies Ltd Stock News

Markolines Pavement Technologies Ltd FAQs

What is the share price of Markolines Pave Tech?

Company share prices are keep on changing according to the market conditions. The closing price of Markolines Pave Tech on 20-Dec-2024 16:59 is ₹166.9.

What is the market cap of Markolines Pave Tech?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Markolines Pave Tech stood at ₹367.4.

What is the P/E ratio of Markolines Pave Tech?

The latest P/E ratio of Markolines Pave Tech as of 20-Dec-2024 16:59 is 21.23.

What is the P/B ratio of Markolines Pave Tech?

The latest P/B ratio of Markolines Pave Tech as of 20-Dec-2024 16:59 is 2.46.

What is the 52-week high and low of Markolines Pave Tech?

The 52-week high of Markolines Pave Tech is ₹277.9 and the 52-week low is ₹124.0.

What is the TTM revenue of Markolines Pave Tech?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Markolines Pave Tech is ₹347.3 ( Cr.) .

About Markolines Pavement Technologies Ltd

Markolines Traffic Controls is a Highway Operations & Maintenance (O&M) Service providing company. It thrives to make Highway Operations & Maintenance cost effective and easier with the help of Innovation, Technology & out-of-the-box solutions. Its vast experience of 19 years in offering superior services in the Highway Operations & Maintenance (O&M) have earned it name in the (O&M) domain.

The company who was in the business of road marking envisaged this opportunity & ventured in this business activity Operation and maintenance of these infrastructure projects in 2009. As the same time because of its wear & tear nature of the highways, maintenance of the infrastructure developed also become mandatory. The periodic maintenance of these projects itself became one of the major activities for the various contractors. As the time passing and maintenance of these projects becoming due and the company envisage another opportunity and decided to go in for offering complete array of maintenance services. Over the last few years, it has not only achieved huge credibility based on performance in the market but is also one of the well-known O & M operators in the country and today are one of the trusted service providers in the Highway O&M sector operating pan India basis under the Markolines Umbrella.

Business area of the company

The company’s principal business operations are broadly divided into three categories:

Highway Operations under which the company provide services like Toll operations, Route Patrolling and Incident management.
Highway Maintenance under which it provide services like Routine Maintenance, Preventive Maintenance and Major Maintenance & Repairs (MMR).
Specialized Maintenance Services under which it provide services which enhance the life and quality of road, these are Microsurfacing (MS), Base / Sub base Stabilization (FDR) and Cold In Place Recycling (CIPR).

Major events and milestones

2002: Company was Incorporated as “Mark-o-line Traffic Controls Private Limited”.
2002: Started Thermoplastic Road Marking.
2002: Introduced the Extrusion Technology for Road Marking in India.
2009: Ventured into Highway Operation & Maintenance.
2012: 10 Toll Plazas Under Management Within A Short Span of Three Years.
2014: Ventured into Microsurfacing.
2016: Started Major Maintenance & Repairs (MMR) Services for Highways.
2016: Received A Single Work Order of 125 Kms for MMR - Worth 150% of Earlier Year’s Turnover.
2017: 300% Growth in Order Book Over Last Year in Highway.
2017: Introduced Microsurfacing with Fiber in India.
2018: Ventured into Cold-In-Place Recycling (CIPR).
2018: Executed First Airport Maintenance Project in India.
2020: Executed India's Largest BSM/CIPR of 142.918 Lane Kms /8.87 Lac Sqm.
2020: Completed 9 Lakh SQM Out of 13 Lakh SQM of Microsurfacing with Fiber.
2021: Conversion into Public Limited as “Markolines Traffic Controls Limited”.
2021: Applied for Change in Name of the Company from “Markolines Traffic Controls Limited” to “Markolines Pavement Technologies Limited” and we are yet to receive approval from the Registrar of Companies.