Rs 400+ crore order book: Construction company bags order worth Rs 3,51,26,240 from NCC Ltd

DSIJ Intelligence-1 / 18 Sep 2025/ Categories: Mindshare, Trending

Rs 400+ crore order book: Construction company bags order worth Rs 3,51,26,240 from NCC Ltd

The stock is up by 62 per cent from its 52-week low of Rs 107 per share.

Markolines Pavement Technologies Limited has been awarded a domestic work order by NCC Limited (formerly Nagarjuna Construction Company Limited) for Earth Piling Works at the 454 MLD Malad WwTF Project. The contract is valued at Rs 3,51,26,240 (inclusive of GST) and is set to be completed by September 30, 2025. This new order contributes to the company's total unexecuted order book, which currently stands at over Rs 400 crore.

DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, do download the service details here.

About the Company

Since its founding in 2002, Markolines has grown into India's largest highway maintenance and specialised construction company, pioneering modern maintenance techniques and completing 4,870 lane kilometres of work. Their confirmed order book now exceeds Rs 400 crores. Markolines Pavement Technologies Limited recently migrated to BSE's Mainboard on June 12, 2025, and their board has approved a merger with Markolines Infra Limited, pending regulatory approvals. This merger is expected to establish Markolines as the largest company in the highway Operations & Maintenance (O&M) sector.

The company has a market cap of over Rs 370 crore with the current order book is Rs 400+ crore as of September 2025 and another Rs 500 crore is in the pipeline at various stages of finalisation. The shares of the company have an ROE of 16 per cent and an ROCE of 18 per cent. The stock is up by 62 per cent from its 52-week low of Rs 107 per share.

Disclaimer: The article is for informational purposes only and not investment advice.